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  • Post #151,461
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  • Jul 11, 2022 7:01pm Jul 11, 2022 7:01pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Quite interesting to have to open up a weekly chart and technically try to plot where we are heading. If the 1.0000 breaks hard, a quick spike to 0.9600 looks plausible.
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TIME is the most valuable commodity
 
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  • Post #151,462
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  • Jul 11, 2022 7:34pm Jul 11, 2022 7:34pm
  •  Erkat
  • Joined Jan 2022 | Status: Member | 424 Posts
Tomorrow (Tuesday) prepare yourself for the serious arrival of bulls ... maybe from the beginning of the day or a little later and during the day
 
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  • Post #151,463
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  • Jul 11, 2022 9:11pm Jul 11, 2022 9:11pm
  •  I.Scorpion
  • | Joined Feb 2021 | Status: Member | 81 Posts
The dam just broke. We might see parity afterall.
 
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  • Post #151,464
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  • Jul 11, 2022 9:23pm Jul 11, 2022 9:23pm
  •  Erkat
  • Joined Jan 2022 | Status: Member | 424 Posts
as a souvenir


Buy 1.0007
sl 0.9940
tp 1.0180
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  • Post #151,465
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  • Jul 11, 2022 9:30pm Jul 11, 2022 9:30pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Quoting Erkat
Disliked
Tomorrow (Tuesday) prepare yourself for the serious arrival of bulls ... maybe from the beginning of the day or a little later and during the day
Ignored
Doubtful for a while
TIME is the most valuable commodity
 
2
  • Post #151,466
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  • Jul 11, 2022 9:34pm Jul 11, 2022 9:34pm
  •  Erkat
  • Joined Jan 2022 | Status: Member | 424 Posts
Quoting Konichiwhaat
Disliked
{quote} Doubtful for a while
Ignored
My glass ball for today shows the arrival of the bulls.
If it is wrong, it is the fault of the glass ball
 
1
  • Post #151,467
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  • Jul 11, 2022 9:44pm Jul 11, 2022 9:44pm
  •  I.Scorpion
  • | Joined Feb 2021 | Status: Member | 81 Posts
76% are long in IG, 63% Oanda. There is still retail money to be squeezed. All the retailers are funding deflation in the US.
 
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  • Post #151,468
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  • Jul 11, 2022 9:46pm Jul 11, 2022 9:46pm
  •  ForexGoose
  • Joined Dec 2021 | Status: hungry for pizza & burgers | 2,215 Posts
Quoting I.Scorpion
Disliked
76% are long in IG, 63% Oanda. There is still retail money to be squeezed. All the retailers are funding deflation in the US.
Ignored
they are long because they follow the gurus and what the broker tells them
don't believe in mumbo jumbo from gurus & charlatans
 
1
  • Post #151,469
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  • Jul 11, 2022 9:58pm Jul 11, 2022 9:58pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Quoting Erkat
Disliked
{quote} My glass ball for today shows the arrival of the bulls. If it is wrong, it is the fault of the glass ball
Ignored
I think your glass ball maybe bias. I Cant see any good reason to buy Euros with American dollars yet.
TIME is the most valuable commodity
 
1
  • Post #151,470
  • Quote
  • Jul 11, 2022 10:08pm Jul 11, 2022 10:08pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Best to just keep chipping away at the 30 min/hourly swings for pocket money before the main event
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TIME is the most valuable commodity
 
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  • Post #151,471
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  • Jul 12, 2022 12:02am Jul 12, 2022 12:02am
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Just looking back, a little bit of basic technical study on when we last broke 1.0000 back in November 1999. Price only dropped to about 0.9993 before going back up just over 300 pips the following week. It then swung around for a few weeks, never totally coming back and topping at about 420 pips 5 weeks later (at a past resistance zone) before breaking back down 8 weeks later to continue lower. Just something to add to your technical probability baskets Unsure of what fundamentals were at play at the time.
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TIME is the most valuable commodity
 
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  • Post #151,472
  • Quote
  • Jul 12, 2022 12:18am Jul 12, 2022 12:18am
  •  euTrader2888
  • | Joined Jul 2022 | Status: Member | 14 Posts
My idea for EU, i think EU can retest fibo ex 4.236 before pull back
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  • Post #151,473
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  • Jul 12, 2022 1:38am Jul 12, 2022 1:38am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,790 Posts | Online Now
Good morning, EU came very near parity and now is standing above as I am writing looking to break.

Resistance is at 1.0032 - also a decision point. 1.0006 pivot in my screen can bounce, or open the road to new lows like, 0.9983. Volatility today is 79 pips and price can travel more.

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Feels right this time!
 
1
  • Post #151,474
  • Quote
  • Jul 12, 2022 2:34am Jul 12, 2022 2:34am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,325 Posts
If the current H1 candle can close above 1.0028, it could support bulls for the rest of this day.. Let's see..
Be a seer, not a looker!
 
2
  • Post #151,475
  • Quote
  • Jul 12, 2022 2:50am Jul 12, 2022 2:50am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,790 Posts | Online Now
Quoting Js3mwtRc
Disliked
Good morning, EU came very near parity and now is standing above as I am writing looking to break. Resistance is at 1.0032 - also a decision point. 1.0006 pivot in my screen can bounce, or open the road to new lows like, 0.9983. Volatility today is 79 pips and price can travel more. {image}
Ignored
After that bounce the target of 0.9983 now changed, but EU can still drop below parity to 0.9989.
Feels right this time!
 
 
  • Post #151,476
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  • Edited 4:13am Jul 12, 2022 4:02am | Edited 4:13am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,325 Posts
To me, parity parrots have already won long time ago even when numbers were showing 1.0140... but nooooooooooo, there are always those greedy "number addicted" morons who must see 1.0000 to the tick... They just can't help it..

*You can spot such morons in your close circle.. Those types always calculate everything to the smallest detail.. For example if they owe you 20.27 usd and you are okay with 20 usd payback, they insist in paying those 0.27 cents.. Of course it goes vice versa, they always insist for those detail cents when you owe them money and they make a big deal out of it... Yeah.. could be some sort of retard's brain damage I guess.. It is what it is...
Be a seer, not a looker!
 
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  • Post #151,477
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  • Jul 12, 2022 4:22am Jul 12, 2022 4:22am
  •  ilhaner
  • | Joined Apr 2011 | Status: Member | 388 Posts
Quoting Ata-Turkoglu
Disliked
*You can spot such morons in your close circle.. Those types always calculate everything to the smallest detail.. For example if they owe you 20.27 usd and you are okay with 20 usd payback, they insist in paying those 0.27 cents..
Ignored
It could just be a harmless case of obsessive - compulsive thinking and it doesn't make one a moran.
 
1
  • Post #151,478
  • Quote
  • Jul 12, 2022 4:28am Jul 12, 2022 4:28am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,325 Posts
Quoting ilhaner
Disliked
{quote} It could just be a harmless case of obsessive - compulsive thinking and it doesn't make one a moran.
Ignored
Sure lol... That's only the term I prefer for people who annoy me (and obsessive-compulsive people annoy me a lot)
Be a seer, not a looker!
 
 
  • Post #151,479
  • Quote
  • Jul 12, 2022 4:28am Jul 12, 2022 4:28am
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 631 Posts
Close enough for me . TP at 1.00005 (yup, so close but keeping away!). Time to call it a day and watch the fireworks!
TIME is the most valuable commodity
 
 
  • Post #151,480
  • Quote
  • Jul 12, 2022 4:36am Jul 12, 2022 4:36am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,325 Posts
Meanwhile, the situation on the weekly chart:

  1. 1.0111 was the area where I was expecting a bounce up, but here we are watching sellers forcing to reach to my maximum low: 0.9951....
  2. I assumed this is wave 5 of 5 BUT what if this is wave 5 of 3???? OMG..... the end of the world is coming! lol just food for thoughts..
  3. Whatever wave count we can make out of this in the end there has to be a correction lurking somewhere (notice macd divergence).. Time will tell when that kicks in... No rush!

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Be a seer, not a looker!
 
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