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The Really Useless Thread

  • #152,981
  • Jul 14, 2017 1:11am Jul 14, 2017 1:11am
Quoting gatorinla
{quote} L closed -1386.. it helps a short outlook.. maybe 1429, 1440+, w/o breaking 1488 high..1417 still R, but norm is above at 1429 or 1440 below 1488 high
edit. 1389
those who can, do. those who cant, talk about those who can
  • #152,982
  • Jul 14, 2017 1:16am Jul 14, 2017 1:16am
Quoting ws121
{quote} L rolled below 1386 @ 1384
i may be dyslexic or saw your post. i may have assumed yours was correct.. either that or my broker changed mine, fatigue or nutz.. anyway i went back and my 6 was a 9 now.. above 1386.. so u might want to think 1440 +.. still depending on 1417 allowing.. going to bed.. pending still at 1485
those who can, do. those who cant, talk about those who can
  • #152,983
  • Jul 14, 2017 7:59am Jul 14, 2017 7:59am
its above 1440 atm, and looking bullish.. bulls have that valid path after reaching that 1375 retrace that targets 1566. meanwhile bears also have one trying to setup as long as 1488 held. bears would need a -1386 close in 2.5 hours. somewhat of a wtf rejection here to 1386 would be noticeable..atm high at 1467
those who can, do. those who cant, talk about those who can
  • #152,984
  • Edited 8:33am Jul 14, 2017 8:11am | Edited 8:33am
Quoting gatorinla
{quote} i may be dyslexic or saw your post. i may have assumed yours was correct.. either that or my broker changed mine, fatigue or nutz.. anyway i went back and my 6 was a 9 now.. above 1386.. so u might want to think 1440 +.. still depending on 1417 allowing.. going to bed.. pending still at 1485
I just double checked. it's 1384
Even forexfactory chart is showing L rolled at 1384
  • #152,985
  • Jul 14, 2017 8:16am Jul 14, 2017 8:16am
Quoting gatorinla
its above 1440 atm, and looking bullish.. bulls have that valid path after reaching that 1375 retrace that targets 1566. meanwhile bears also have one trying to setup as long as 1488 held. bears would need a -1386 close in 2.5 hours. somewhat of a wtf rejection here to 1386 would be noticeable..atm high at 1467
With this kind of trend from bad US fundies, it could breaks 1488 today and close the day around 1499-1511! Yesterday high has just broken !
No news at beginning of next week, so I think it will be continuous going with momentum until Thursday (EUR rate bid)
We will have chance to short at 156x or 16xx
  • #152,986
  • Jul 14, 2017 8:21am Jul 14, 2017 8:21am
It seems Pointless looking for the Bears to turn up - Just my thoughts

I saw these patterns emerging and i had notifications too when they were broken, yet i try to short her from 1439 & 1479 thinking well its only the weekly chart! so got hurt myself by this Cow couple of times this week, better play safe from now on

Attached Image (click to enlarge)
Click to Enlarge Name: Euro W1.JPG Size: 243 KB
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #152,987
  • Jul 14, 2017 8:49am Jul 14, 2017 8:49am
Quoting Avir
It seems Pointless looking for the Bears to turn up - Just my thoughts I saw these patterns emerging and i had notifications too when they were broken, yet i try to short her from 1439 & 1479 thinking well its only the weekly chart! so got hurt myself by this Cow couple of times this week, better play safe from now on {image}
Sorry Edit/corrected the Wedge Target
Attached Image (click to enlarge)
Click to Enlarge Name: Euro W1 correction.JPG Size: 245 KB
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #152,988
  • Jul 14, 2017 8:51am Jul 14, 2017 8:51am
Quoting Pip-Miner
{quote} 1.15 - 1.16 with SL over 1.16 is my take .Then again you don't want to miss out so i understand why your trying to get it now with the short . Ideally i will make an attempt if the weekly posts a bearish candle. You can see from the monthly 1.16 has been a resistance for over 2 years and if that breaks this could also fly up , hence the need for a weekly bearish candle. I also think the interest rate hikes are built in . There seems to be a monthly cycle happening with this and other pairs near monthly highs. If timed correctly few trades...
No change in strategy ...
  • #152,989
  • Jul 14, 2017 9:16am Jul 14, 2017 9:16am
Quoting gatorinla
its above 1440 atm, and looking bullish.. bulls have that valid path after reaching that 1375 retrace that targets 1566. meanwhile bears also have one trying to setup as long as 1488 held. bears would need a -1386 close in 2.5 hours. somewhat of a wtf rejection here to 1386 would be noticeable..atm high at 1467
Man. . . . a return now to 1.14 14 would be VVVery noticeable ...!!!
  • #152,990
  • Jul 14, 2017 9:35am Jul 14, 2017 9:35am
euro* is not strong
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 25 KB
  • #152,991
  • Jul 14, 2017 12:15pm Jul 14, 2017 12:15pm
Quoting Karpa
euro* is not strong {image}
with the trend down in the last 2 days and the LL(1375) the market need strong pull back after broken the daily high 1455, now it faces with 1488, not that far.
Breaks this level we have more than 100 pips to 16xx.
  • #152,992
  • Edited 7:14pm Jul 14, 2017 6:40pm | Edited 7:14pm
Quoting Angelina
{quote} with the trend down in the last 2 days and the LL(1375) the market need strong pull back after broken the daily high 1455, now it faces with 1488, not that far. Breaks this level we have more than 100 pips to 16xx.
market was ready for a dollar rallye today
16xx is a done deal

FED won't hike anytime soon and sentiment takes some time to turn
I think bulls are taking a walk in the park
  • #152,993
  • Jul 17, 2017 2:25am Jul 17, 2017 2:25am
Hi all
The best thing that can happen to you is to find out where you're wrong.
  • #152,994
  • Jul 17, 2017 8:12pm Jul 17, 2017 8:12pm
Quoting Angelina
{quote} with the trend down in the last 2 days and the LL(1375) the market need strong pull back after broken the daily high 1455, now it faces with 1488, not that far. Breaks this level we have more than 100 pips to 16xx.
There we go !
1524 atm
  • #152,995
  • Jul 17, 2017 9:08pm Jul 17, 2017 9:08pm
Quoting Driver55
Hi all
..Hello Driver55, long time no see you Sr. hope all fine...
The Chonchy
  • #152,996
  • Jul 18, 2017 5:01am Jul 18, 2017 5:01am
Quoting Angelina
{quote} There we go ! 1524 atm
1552 right now
  • #152,997
  • Edited Jul 19, 2017 12:27am Jul 18, 2017 10:50am | Edited Jul 19, 2017 12:27am
@Gator,
It just passed your level at 1566, up to 1584
I have not shorted yet. I think we need to think about short again around 16xx. (1605-1655 is where I will look for my entry, I might change the number if it move higher before ECB rate decision)
The up trend still strong but getting weaker !
Watch out ECB rate on Thursday!
  • #152,998
  • Jul 18, 2017 3:21pm Jul 18, 2017 3:21pm
Quoting Angelina
@Gator, It just passed your level at 1566, up to 1584 I have not shorted yet. I think we need to think about short again around 16xx. (1605-1655 is where I will look for my entry, I might change the number if it move higher before EBC rate decision) The up trend still strong but getting weaker ! Watch out EBC rate on Thursday!
Bulls may need 1478, before breaking the highs around 17xx. If 1478 is missed, sellers will probably lurk around 1.1688. It may provide a nice shorting opportunity with tight stop.
  • #152,999
  • Jul 19, 2017 12:42am Jul 19, 2017 12:42am
Guys. Consider buying dips on dollar weakness . There's an interesting pattern that has emerged since January.
Attached Image
Also looking for greens
  • #153,000
  • Jul 19, 2017 2:33am Jul 19, 2017 2:33am
Quoting chonchy
{quote} ..Hello Driver55, long time no see you Sr. hope all fine...
Hello chonchy, here's all right , I hope the same for you !!!
The best thing that can happen to you is to find out where you're wrong.
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