Attachments: EURUSD only

EURUSD only

#5,321
Nov 19, 2017 5:06pm Nov 19, 2017 5:06pm

Sarrastro
| Joined Nov 2017 | Status: Trader | 116 Posts

Any reason for the sudden fall?

#5,322
Nov 19, 2017 5:06pm Nov 19, 2017 5:06pm

LizardGizzard
Joined Jan 2005 | Status: Grizzled Member | 848 Posts

Quoting Sarrastro

Disliked

Any reason for the sudden fall?

Ignored

Sellers.

There's always money in the banana stand.

#5,323
Nov 19, 2017 5:06pm Nov 19, 2017 5:06pm

failinforex
Joined Mar 2015 | Status: i have to Carry On | 763 Posts

Quoting Sarrastro

Disliked

Any reason for the sudden fall?

Ignored

FDP walks out of Germany coalition talks

#5,324
Nov 19, 2017 5:11pm Nov 19, 2017 5:11pm

mbrown
| Membership Revoked | Joined May 2015 | 2,903 Posts

Obviously, new system luck! Gator baby! What's my name?

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#5,325
Nov 19, 2017 5:13pm Nov 19, 2017 5:13pm

someone1
| Joined May 2007 | Status: Trader | 77 Posts

Quoting Sarrastro

Disliked

Any reason for the sudden fall?

Ignored

German Free Democrats Breaking Off Merkel Coalition Talks: DPA

#5,326
Nov 19, 2017 5:15pm Nov 19, 2017 5:15pm

Neil0163
Joined Jul 2017 | Status: Active member | 1,655 Posts

Quoting Sarrastro

Disliked

Any reason for the sudden fall?

Ignored

Been saying short all along
price action on daily showed rejection to the north on the past few candles,
Indis on daily hinted a strong short opportunity on daily.
With EUR/USD not opening up with a gap to the north it showed price wasn’t going to go higher it stayed consolidated which told me bears were not accepting any higher price also my Indis on 4 hour where pointing at short

#5,327
Nov 19, 2017 5:38pm Nov 19, 2017 5:38pm

Tradingwithw
| Commercial User | Joined Mar 2017 | 672 Posts

ez money

Trying to get a video out tonight, maybe tomorrow morning... had to break off when Merkel came across the wires plus for whatever reason I'm having a lot of trouble stringing together sentences

@Neil the sudden fall had nothing to do with your technical forecast- Germany is on the wires, considering Germany is the cornerstone of the EURO- any problem or instability for Germany is a problem for Euro.

#5,328
Nov 19, 2017 5:46pm Nov 19, 2017 5:46pm

Rennaissance
Joined Oct 2017 | Status: Trader | 984 Posts

Still Bullish for me.Bear trap possible.

When you see it, BET big.

#5,329
Nov 19, 2017 5:46pm Nov 19, 2017 5:46pm

lasty
Joined Aug 2008 | Status: Trader | 3,386 Posts

Merkels in trouble which I have been wary all along about this coalition.

Euro has broken down through 1.1744 (100 dma) triggering stops .

Asia probably wont do much but I'm expecting Europe will.

We have had so many EUR/USD bull forecasters out there the market I would say is placed very long .

Hopefully this may create some great trading opportunities

Happy Punting

#5,330
Nov 19, 2017 5:52pm Nov 19, 2017 5:52pm

mbrown
| Membership Revoked | Joined May 2015 | 2,903 Posts

Quoting lasty

Disliked

Merkels in trouble which I have been wary all along about this coalition. Euro has broken down through 1.1744 (100 dma) triggering stops . Asia probably wont do much but I'm expecting Europe will. We have had so many EUR/USD bull forecasters out there the market I would say is placed very long . Hopefully this may create some great trading opportunities Happy Punting

Ignored

I pray you're correct. I am desperate for some sustained high volatility.

#5,331
Nov 19, 2017 6:01pm Nov 19, 2017 6:01pm

IskraTrade
| Joined Nov 2017 | Status: Trader | 9 Posts

Hi, I'am a new here, but it seems for me that price hit a strong support level and it's a good opportunity to go long. It's unusual for EUR/USD to have such powerful volatility on the first 4H candle of the week. It's almost made the daily range of this pair, more likely bear trap, but i can be wrong. So, i'll try some Long here.

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#5,332
Nov 19, 2017 6:20pm Nov 19, 2017 6:20pm

ASubzwari
| Joined Jan 2012 | Status: Trader | 7 Posts

Quoting Sarrastro

Disliked

Any reason for the sudden fall?

Ignored

It touched 45 degree angle from 1.1860 Top and fell.

#5,333
Nov 19, 2017 6:29pm Nov 19, 2017 6:29pm

dab
Joined Jun 2012 | Status: Trader | 952 Posts

Quoting IskraTrade

Disliked

Hi, I'am a new here, but it seems for me that price hit a strong support level and it's a good opportunity to go long. It's unusual for EUR/USD to have such powerful volatility on the first 4H candle of the week. It's almost made the daily range of this pair, more likely bear trap, but i can be wrong. So, i'll try some Long here. {image}

Ignored

Seems to me you are wanting to use a technical support level when there's just been fundamental news (German government). Sounds like a recipe for some draw down / hitting your stop loss.

Hope for the best, prepare for the worst.

#5,334
Edited Nov 20, 2017 7:46am Nov 19, 2017 6:52pm | Edited Nov 20, 2017 7:46am

4for4
| Joined Apr 2017 | Status: 38737526 / 29052019 | 1,245 Posts

Quoting 4for4

Disliked

{quote} Bullish momentum is ended when 1.1755 is broken ...

Ignored

Although currently the EUR is in a downswing mood, I wouldn’t call it a downtrend until Low-of-07Nov is breached ...
For now, I will wait until the 1.1685 area is visited before planning a buy and will try to sell toward that area if there’s an upward correction ...

Market is not random but unpredictable

#5,335
Nov 19, 2017 7:22pm Nov 19, 2017 7:22pm

denisius
Joined May 2017 | Status: Trader | 2,047 Posts

Hi Guys ! I had very bad week and had to step back and re consider everything. Strong Euro rise last week caught me off guard . I am E bullish this week. Level to buy from would be 1660 ish. Good luck everyone.

#5,336
Nov 19, 2017 8:25pm Nov 19, 2017 8:25pm