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  • #24,241
  • Jun 5, 2018 4:39am Jun 5, 2018 4:39am
Quoting Godzilla
Has to go below 1675 first to reach new highs ~1800
What's the rationale for this?
  • #24,242
  • Jun 5, 2018 4:41am Jun 5, 2018 4:41am
what is it upto
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  • #24,243
  • Jun 5, 2018 4:46am Jun 5, 2018 4:46am
Quoting Godzilla
Has to go below 1675 first to reach new highs ~1800
I dont think so. Break support rule.
  • #24,244
  • Jun 5, 2018 5:13am Jun 5, 2018 5:13am
Quoting Luzbay
{quote} What's the rationale for this?
Quoting Godzilla
Has to go below 1675 first to reach new highs ~1800
Ya, what's the reason of this scenario?
(just suit yourself, I'm just kidding! )
Member
  • #24,245
  • Jun 5, 2018 5:31am Jun 5, 2018 5:31am
Head & shoulder, 5min timeframe
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  • #24,246
  • Jun 5, 2018 5:56am Jun 5, 2018 5:56am
Quoting basit1
{quote} In at 1.1702 , SL 1.1709, Tp open. Hoping to get 100 pips today. could not trade yesterday
Sl hit. Lets see If there is another chance.
  • #24,247
  • Edited 6:15am Jun 5, 2018 5:57am | Edited 6:15am
Quoting basit1
{quote} Sl hit. Lets see If there is another chance.
My SL was also hit at BE, but I shorted again and PA just broke minor TL.
EDIT:
Out at +5, need confirmation of the break
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #24,248
  • Jun 5, 2018 6:06am Jun 5, 2018 6:06am
Quoting Luzbay
{quote} What's the rationale for this?
need to see a support holding in the wave down from 1744
  • #24,249
  • Jun 5, 2018 6:08am Jun 5, 2018 6:08am
Here we go again , will 1.6750 hold the eur/usd ?
yes yes yes
  • #24,250
  • Jun 5, 2018 6:14am Jun 5, 2018 6:14am
Quoting Moty
Here we go again , will 1.6750 hold the eur/usd ?
It has to break this level today or else things well be messed up. (General saying that market either moves up or down whatever the circumstances are)
  • #24,251
  • Jun 5, 2018 6:14am Jun 5, 2018 6:14am
Quoting Godzilla
{quote} need to see a support holding in the wave down from 1744
Quoting Godzilla
Has to go below 1675 first to reach new highs ~1800
Fantastic accuracy!
Member
  • #24,252
  • Jun 5, 2018 6:16am Jun 5, 2018 6:16am
I`ll go long EURUSD if FDAX crashes near 13.000 and Dow about 24.900

It is now too hard for EU (green in the pic)
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  • #24,253
  • Jun 5, 2018 6:28am Jun 5, 2018 6:28am
Quoting Traderview
It's a one nice good looking dogi in 4hrs. I didnt close any of my shorts from 1.1705 and 1.1684. Tp is 1.1617 and Sl wide

Still holding my shorts from 1.1680 and 1.1705
  • #24,254
  • Jun 5, 2018 6:32am Jun 5, 2018 6:32am
Quoting TudorIoan
{quote} {quote} Fantastic accuracy!
it still has to fail here and then go up above 1750. long way to go yet
  • #24,255
  • Jun 5, 2018 6:32am Jun 5, 2018 6:32am
Really tough to make out of Eurusd is going up or down, fundamentals are unclear and technicals are too.
Help Others with GOD help
  • #24,256
  • Jun 5, 2018 6:33am Jun 5, 2018 6:33am
Quoting TudorIoan
{quote} {quote} Ya, what's the reason of this scenario? (just suit yourself, I'm just kidding! )
in a nutshell. wave from 1740 has to show fragility. it has been very strong at all the major intervals. we are looking for weakness.
  • #24,257
  • Jun 5, 2018 6:35am Jun 5, 2018 6:35am
Assuming that 1.1675 will hold, going LONG from 1.1682, SL 1.1673, TP 1.1750 (Option expiry today)
  • #24,258
  • Jun 5, 2018 6:44am Jun 5, 2018 6:44am
Guys, there is so much more to the Euro.
As long as the Deutsche Bank is on the brink of a collapse, with an exposure of 75 trillion in Derivates markets alone and less than 0.0015% in customer money in reserve, after bailing them out six months ago, trading at the lowest lows ever and painting new record lows every day, it even got downrated to a BBB, which makes it the lowest rated Investment Bank, and ALL European Banks are linked together (the Daisy Chain)
>> the EUR/USD will not go up.

As long as there is great uncertainty in European goverments, with new fuel added by Mr.T's tarrifs
>> the EUR/USD will not go up.

Technicly it "should" pull a correction, but it suimply can't because nobody pumps money into the Euro. It keeps losing on all fronts against whichever currencie is strongest that day, while the Dollar happily plugs along, and even if it does correct, it does not so against Euro the weakling.
>> the EUR/USD will not go up.

The Euro in this state is either a lost case or stale, but for all the people who expect yet another "bullrun" because of a line on the chart.... it just doesn't happen.
TA needs Volume to work, enough Volume to create Momentum. There is no interest in the Euro >>no Volume>>no Momentum, >> stale
and fundamentaly the only way is down.

Yes yes, it might pull up on some intraday news.
But seriously, these kind of news only cause some Vola spikes that are already priced in and well calculated six months in advance by the big guys.
Noise..., no substance...
(1.18 is not a "bullrun", seriously)

There is simply no trust in the Euro, for good reason...
you are not expected to understand this
  • #24,259
  • Jun 5, 2018 6:47am Jun 5, 2018 6:47am
Quoting Teek
Guys, there is so much more to the Euro. As long as the Deutsche Bank is on the brink of a collapse, with an exposure of 75 trillion in Derivates markets alone and less than 0.0015% in customer money in reserve, after bailing them out six months ago, trading at the lowest lows ever and painting new record lows every day, it even got downrated to a BBB, which makes it the lowest rated Investment Bank, and ALL European Banks are linked together (the Daisy Chain) >> the EUR/USD will not go up. As long as there is great uncertainty in European goverments,...
Can we see Euro at 1.1625 today?
  • #24,260
  • Jun 5, 2018 6:53am Jun 5, 2018 6:53am
Quoting Godzilla
{quote} in a nutshell. wave from 1740 has to show fragility. it has been very strong at all the major intervals. we are looking for weakness.
I don't believe in waves or clouds, because they are misleading shapes, but I totally agree about the fact that we all look for the weakness
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