EURUSD only

am I stoned or am I seeing a head and shoulder pattern on 4hour chart?

Yes, I agree, but not always the right way... the same goes with the other (right) way — And everyone knows that.

That is why I have put these on my earlier post.

☛ “Technicals move only with fundamentals behind it. And at times... Technicals move ahead of Fundamentals. Market buys (or sells) on anticipation of profit. Always, it is an intuition for profit. And whatever fears there are — political, social or economic — are calculated risks in business.” — by Harry G. Liu —

☛ Why Technicals move ahead of Fundamentals? “Sometimes, too much speculation drives the price and added with some greed, the technical will lead too much ahead of its fundamentals that will cause the price to correct, consolidate...then either it breaks out to start, resume or end a trend.”

☛ It affects the price as an example... The price movement in terms of correlation, wherein positive & negative between pairs or crosses exist. This can turn to “normal” at any time, making though a pair to fall and the other to fall slower or to go sideways. There is also the possibility for a pair to rally in order to “reach” the other pair in terms of their prevalent correlation (positive or negative).

Cheers to who sold on 1665 like me

Am I reading this wrong or...?

Sultan Ata:it is not impostant how much pips u gain, its depend how much lits you gain in your wining trade

i was looking at monthly to see if this idiot (EU) can swing for a buy, maybe it can if 1500 holds, but i see a sideways move for sometime, till it clears some support levels

According to 4H bulls has room to rise and will try to catch 17 handle if we got German positive data, on the flip side 15 handle calling again.

Oh boy!

Well - it looked like you quoted someone with opposite view and called it an Idiot...that was the reason.
All cool then!

Expecting a strong push up on 4hrs around 1.1607 or maybe down. A good tail on bottom of the daily. Probably second half of the day. Just be patience.

Expecting push up when all are asleep.

Buy stop placed

placed a buy stop @ 1.08

what price is that?

Yes.. a short period of a range.. For a while it seems to be clever to sell 1.1655 and buy 1.1620..

H1 chart below is better than thousand words..

Stay Green

I went Long a bit early than desired and restrained myself to add on triangle break/double bottom/divergence-M5, as my second load level is .1615.
But if things go as planned, soon my SL goes to BE and will look to add on.

TGT - 1654 ✔

Next TGT - .1669, EDIT - ✔

Ultimate TGT 1.1724

... https://www.forexfactory.com/showthr...7#post11198057

Shorted @ 1.1655. Tp 1.1630 Sl 1.1680

According to CME'S EUR futures markets, open interest dropped by around 1.7K contracts on Friday vs. Thursday’s final 488,059 contracts. and weekly basis down from 88.2k to 36.1 K in euro , in the same line, volume receded by almost 93.8K contracts.

I guess EURO has a very limited upside move today unless US data hugely surprises us to downside. IMO

Stay Green

Second entry - only paper-trade, as I have to run out...shame, beautiful play!

Already Stop Loss at Zero and First Target / Supply Level is hit ... One will close 100% or 50%, one wants to re-load or wait for a breakthrough and others may hedge ... plenty of game scenarios.

Have a great day folks -

Agree my tp@1633
And after i will load buy