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  • #153,281
  • Aug 3, 2017 8:10pm Aug 3, 2017 8:10pm
if that 1891 level holds out to R in this area. the compression could be worth many pips. the 1.1891 level is part of 0.86xx. i can't say with certainty 1891 area will drop it. but if it does, dont get in front of it. momentum and the closes still are looking bullish month to day etc. i dont use indis.. but i did glance at stochastic today the month, week, and day, all look overbought. even if 1892 doesn't stop it, its gone 1500 pips w/o much correction. the month looks pretty impressive on default settings. not so sure it will make 1.21 this trip. i know this and 5 bucks can get a cup of coffee. anyone who uses stochastic is welcome to weigh in.
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those who can, do. those who cant, talk about those who can
  • #153,282
  • Aug 3, 2017 8:29pm Aug 3, 2017 8:29pm
Quoting gatorinla
if that 1891 level holds out to R in this area. the compression could be worth many pips. the 1.1891 level is part of 0.86xx. i can't say with certainty 1891 area will drop it. but if it does, dont get in front of it. momentum and the closes still are looking bullish month to day etc. i dont use indis.. but i did glance at stochastic today the month, week, and day, all look overbought. even if 1892 doesn't stop it, its gone 1500 pips w/o much correction. the month looks pretty impressive on default settings. not so sure it will make 1.21 this trip....
I dont know how we can count on the RSI divergence, but there are many in hours and day TF.
Beware of Draghi
  • #153,283
  • Aug 3, 2017 8:43pm Aug 3, 2017 8:43pm
Quoting gatorinla
if that 1891 level holds out to R in this area. the compression could be worth many pips. the 1.1891 level is part of 0.86xx. i can't say with certainty 1891 area will drop it. but if it does, dont get in front of it. momentum and the closes still are looking bullish month to day etc. i dont use indis.. but i did glance at stochastic today the month, week, and day, all look overbought. even if 1892 doesn't stop it, its gone 1500 pips w/o much correction. the month looks pretty impressive on default settings. not so sure it will make 1.21 this trip....
With all respect to you Gator since you are pretty wise trader, here is my opinion; I followed last three days data on E compare to 2016 and similarity from last year is incredible. I am expecting sell off tomorrow, at least to 1650. It doesn't matter how good NFP will be( and I am pretty sure it will be green) trend remain bullish! But as you said, and I said and 100 of other traders said correction needed. Gap at 1.20 possible to close. Doesn't mean that drop is going to be tomorrow, it can stretch for next three four days after weekend. 1900 had tons of sell orders and supply area pretty stretched. In order to pass it an close , move have to be over 1945-50. I am personally will probably skip trading tomorrow, but if I would I am placing sell at 1920 SL above 1950 and TP you already know. I would appreciate any of yours opinions on my view.
  • #153,284
  • Aug 3, 2017 11:16pm Aug 3, 2017 11:16pm
Today's S/R levels for Euro on MT4 Templates

EURO
EURO PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #153,285
  • Aug 3, 2017 11:27pm Aug 3, 2017 11:27pm
Quoting denisius
{quote} With all respect to you Gator since you are pretty wise trader, here is my opinion; I followed last three days data on E compare to 2016 and similarity from last year is incredible. I am expecting sell off tomorrow, at least to 1650. It doesn't matter how good NFP will be( and I am pretty sure it will be green) trend remain bullish! But as you said, and I said and 100 of other traders said correction needed. Gap at 1.20 possible to close. Doesn't mean that drop is going to be tomorrow, it can stretch for next three four days after weekend....
Believe me or not, you are not gona lose any cents with your skip day.
Hihi
  • #153,286
  • Aug 4, 2017 12:06am Aug 4, 2017 12:06am
Quoting gatorinla
{quote} yeah, i got a few in.. it could go either way. i tend to go opposite of the pre pump on most news. week pp1713, month pp 1665.. week R2 1878. L close today 1882
It did not trigger my order at 1855(lowest was 1861)
Pending short 1943 atm 1880
Otherwise, wait until nfc
  • #153,287
  • Aug 4, 2017 4:26am Aug 4, 2017 4:26am
Quoting gatorinla
if that 1891 level holds out to R in this area. the compression could be worth many pips. the 1.1891 level is part of 0.86xx. i can't say with certainty 1891 area will drop it. but if it does, dont get in front of it. momentum and the closes still are looking bullish month to day etc. i dont use indis.. but i did glance at stochastic today the month, week, and day, all look overbought. even if 1892 doesn't stop it, its gone 1500 pips w/o much correction. the month looks pretty impressive on default settings. not so sure it will make 1.21 this trip....
1.60xx-1.03xx, 50% is 1.3188. Worth to be aware of. Targets 0.46xx.... years to develop. (EURUSD).
  • #153,288
  • Aug 4, 2017 6:21am Aug 4, 2017 6:21am
Quoting edyraper
{quote} 1.60xx-1.03xx, 50% is 1.3188. Worth to be aware of. Targets 0.46xx.... years to develop. (EURUSD).
it still has room to squeeze 1.2, no doubt. not sure it won't regroup b4, if at all. it didnt need 1.2 for .86xx. it had already done its homework. i am paying attention to 1891.. usd nearing a db. it has enough wiggle room for 1.2 on usdx, and the db to hold. being near with 1.2 not needed for .86 its a coin toss. or usd could even break that bottom..
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those who can, do. those who cant, talk about those who can
  • #153,289
  • Aug 4, 2017 6:28am Aug 4, 2017 6:28am
1hr nfp
those who can, do. those who cant, talk about those who can
  • #153,290
  • Aug 4, 2017 6:34am Aug 4, 2017 6:34am
Quoting denisius
{quote} With all respect to you Gator since you are pretty wise trader, here is my opinion; I followed last three days data on E compare to 2016 and similarity from last year is incredible. I am expecting sell off tomorrow, at least to 1650. It doesn't matter how good NFP will be( and I am pretty sure it will be green) trend remain bullish! But as you said, and I said and 100 of other traders said correction needed. Gap at 1.20 possible to close. Doesn't mean that drop is going to be tomorrow, it can stretch for next three four days after weekend....
u may be right.. sometimes just b4 or after release it gives that spike opposite of dust settle. where we end up +1891 or -1826 or 1784 is important to me..
those who can, do. those who cant, talk about those who can
  • #153,291
  • Aug 4, 2017 7:02am Aug 4, 2017 7:02am
While we wait for NFP,,, Enjoy this little Ed sheeran's

Inserted Video


And Today's Euro S/R Levels https://www.forexfactory.com/showthr...9#post10155049

30 Mins for the fireworks
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #153,292
  • Aug 4, 2017 7:15am Aug 4, 2017 7:15am
the day people should be alert, they sleep late.
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those who can, do. those who cant, talk about those who can
  • #153,293
  • Aug 4, 2017 7:33am Aug 4, 2017 7:33am
1841 done.. now 1826.. then 1784
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those who can, do. those who cant, talk about those who can
  • #153,294
  • Aug 4, 2017 7:34am Aug 4, 2017 7:34am
I will close my short from 1.1879 at 1.1806 & when this calm down and buy this Dip if i dont miss it
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #153,295
  • Aug 4, 2017 7:39am Aug 4, 2017 7:39am
if it bearish, it shouldn't go back to 1865 again. short stops above that +spread probably safe on a bearish move.. still got 1826 to get around.. that's the big one i talked about.. bulls dont want london to close below..
those who can, do. those who cant, talk about those who can
  • #153,296
  • Aug 4, 2017 7:44am Aug 4, 2017 7:44am
Quoting gatorinla
if it bearish, it shouldn't go back to 1865 again. short stops above that +spread probably safe on a bearish move.. still got 1826 to get around.. that's the big one i talked about.. bulls dont want london to close below..
1.1870 before 1.1751, even if bearish
what do you think?
  • #153,297
  • Aug 4, 2017 7:46am Aug 4, 2017 7:46am
a lot going on between those 2 #s atm
those who can, do. those who cant, talk about those who can
  • #153,298
  • Aug 4, 2017 7:47am Aug 4, 2017 7:47am
Quoting jaxx80
{quote} 1.1870 before 1.1751, even if bearish what do you think?
nope..
those who can, do. those who cant, talk about those who can
  • #153,299
  • Aug 4, 2017 7:53am Aug 4, 2017 7:53am
Quoting gatorinla
{quote} nope..
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  • #153,300
  • Aug 4, 2017 7:53am Aug 4, 2017 7:53am
Quoting jaxx80
{quote} 1.1870 before 1.1751, even if bearish what do you think?
if it goes to 1870, bulls will take it.. how high, i dont know.. atm 1865+- a pips is the red line. so be carefull with a long if it slips below 1826 or versa with short above 1865.. london close will probably be more decisive. even a short may bounce back at 1784 to 1846 b4 lower. just to shake some out..
those who can, do. those who cant, talk about those who can
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