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EURUSD only

  • #20,441
  • May 2, 2018 12:53pm May 2, 2018 12:53pm
Who is holding short through the news?

Where is your stop hahah
  • #20,442
  • May 2, 2018 12:56pm May 2, 2018 12:56pm
eyeing 1.1936 before going up on dovish news
  • #20,443
  • May 2, 2018 12:58pm May 2, 2018 12:58pm
Quoting FXClarity
{quote} My advice? ..Remove the indicators...Oversold / Overbought...Overused and unreliable.
Overbought/Oversold do NOT exist.

(1) For every buyer, there is a seller.

(2)** The purpose of the Market is to find the exact level where there is an agreement on price, but a disagreement on value. In other words, to facilitate trade.**

I like TREND indicators. While I don't initiate trades based on them, I never trade against them.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #20,444
  • May 2, 2018 1:02pm May 2, 2018 1:02pm
up she goes
  • #20,445
  • May 2, 2018 1:04pm May 2, 2018 1:04pm
Quoting fasttrade1
{quote} booked and buy 1.19578 sl 1.19500 tgt 1.20150
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #20,446
  • May 2, 2018 1:06pm May 2, 2018 1:06pm
what a gamble haha
  • #20,447
  • May 2, 2018 1:07pm May 2, 2018 1:07pm
Tried to buy that lower E then broker connection starts bugging out.
Founder of Sutherland Wave Principle
  • #20,448
  • May 2, 2018 1:12pm May 2, 2018 1:12pm
Quoting Redpips111
up she goes
Stop hunt short. So beware.

Next will be 1970...50....00
Beware of robber banks (RB), bad advisors.
  • #20,449
  • May 2, 2018 1:12pm May 2, 2018 1:12pm
Quoting JunkyFX
Been a while since 120 was in play. Long 12020. Another order at 120 and 11960. Stop 11890, target 12170.
Tightening up that stop, hope that today's low holds up.
  • #20,450
  • May 2, 2018 1:14pm May 2, 2018 1:14pm
will book buy 1.20150 and place sell order 1.20234 sl 1.20400
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #20,451
  • May 2, 2018 1:15pm May 2, 2018 1:15pm
Quoting Not-KPMG
{quote} Stop hunt short. So beware. Next will be 1970...50....00
hmm doesnt look like a short squeze but you may be right ^.^
  • #20,452
  • May 2, 2018 1:17pm May 2, 2018 1:17pm
Quoting Noob Trader
EUR will hit new high today.
Quoting saeed319
{quote} how do you know?
I am Noob Trader...
  • #20,453
  • May 2, 2018 1:17pm May 2, 2018 1:17pm
Quoting fasttrade1
will book buy 1.20150 and place sell order 1.20234 sl 1.20400
will book sell near 1.19860
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #20,454
  • May 2, 2018 1:18pm May 2, 2018 1:18pm
Interest rate unchanged. Feds...Target Range Stands At 1.50%-1.75%

So only five meetings left for this year wherein only 3 to 4 rate hike might happen in the next FOMC meetings
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #20,455
  • Edited 2:44pm May 2, 2018 1:18pm | Edited 2:44pm
market order at 1.2050


buy on break?
  • #20,456
  • May 2, 2018 1:19pm May 2, 2018 1:19pm
Shorts triggered @1.2020
  • #20,457
  • May 2, 2018 1:19pm May 2, 2018 1:19pm
Very big volume on the upside, might be the bottom of the down trend.
When you see it, BET big.
  • #20,458
  • May 2, 2018 1:23pm May 2, 2018 1:23pm
Quoting fasttrade1
{quote} will book sell near 1.19860
modify sl to day high
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #20,459
  • May 2, 2018 1:25pm May 2, 2018 1:25pm
EUR/USD is recovering from post-Fed lows. Short-trem technical are aiming higher and bulls will soon test 1.2050.
  • #20,460
  • May 2, 2018 1:26pm May 2, 2018 1:26pm
Quoting Rennaissance
Very big volume on the upside, might be the bottom of the down trend.
careful. Now that is out of the way, lets see where it ends up. 60min before and after charts. I am still leaning south.
good luck,
regards
goma
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD (60 Minute) 2018_05_02-1.png Size: 91 KB
Click to Enlarge Name: EURUSD (60 Minute) 2018_05_02-2.png Size: 95 KB
Click to Enlarge Name: EURUSD (Daily) 2018_05_02.png Size: 102 KB
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