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  • #77,821
  • Feb 13, 2019 6:03am Feb 13, 2019 6:03am
Quoting CanaryGT
{quote} Look at DXY
The last time I saw a DXY chart should be sometime last year. It's good to know what the DXY is doing, but I think the EU chart can also tell its intentions clearly.

I'm not saying those who bought at 1.1340 wouldn't profit, but why buy that high and be in some drawdown when lower prices were going to come?
  • #77,822
  • Feb 13, 2019 6:06am Feb 13, 2019 6:06am
Quoting ratsalad
{quote} Back to see the bulls working
are you saying that bears are lazy?
lol
in wondering about yourself, you forgot what you came here to be part of
  • #77,823
  • Feb 13, 2019 6:07am Feb 13, 2019 6:07am
EU
Attached Image (click to enlarge)
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Self discipline It is a practice
  • #77,824
  • Feb 13, 2019 6:16am Feb 13, 2019 6:16am
Where is my pull back ?
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yes yes yes
  • #77,825
  • Feb 13, 2019 6:17am Feb 13, 2019 6:17am
Cpi coming up in an hour...
  • #77,826
  • Feb 13, 2019 6:20am Feb 13, 2019 6:20am
This is the indecision area, little point to trade here except for 5-10 pips at a time.
  • #77,827
  • Feb 13, 2019 6:25am Feb 13, 2019 6:25am
sold 1.1318
12 pip sl
in wondering about yourself, you forgot what you came here to be part of
  • #77,828
  • Feb 13, 2019 6:26am Feb 13, 2019 6:26am
Quoting Moty
Where is my pull back ? {image}
I am out manualy . 1 $ profit .
Waiting for a set up
Waiting for the exit from the zone
Attached Image (click to enlarge)
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yes yes yes
  • #77,829
  • Feb 13, 2019 6:27am Feb 13, 2019 6:27am
Quoting Dingoman-two
{quote} Here we go again to retest the channel again, {image}
Getting interesting
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  • #77,830
  • Feb 13, 2019 6:28am Feb 13, 2019 6:28am
Quoting Mitiblotch
{quote} The last time I saw a DXY chart should be sometime last year. It's good to know what the DXY is doing, but I think the EU chart can also tell its intentions clearly. I'm not saying those who bought at 1.1340 wouldn't profit, but why buy that high and be in some drawdown when lower prices were going to come?
Because they don't have the patience to wait for consolidation and get a better price.
By now I see a flag forming on H4 (EURUSD)

I love DXY as it has less noise than EURUSD, but for sure EURUSD by itself tells its own direction.
I like to use it as a confirmation bias.
  • #77,831
  • Feb 13, 2019 6:35am Feb 13, 2019 6:35am
Just some food for thought.
Yes there is strong bearish momentum for past couple of days. But consider this. Yesterday's daily bar was an engulfing bar. Off of a strong support area.
That coupled with increased risk appetite due to fundies. I will be carefully shorting so close to support if anything will look to buy dips. Price still been trading above the LWMA's so will keep on buying dips and taking partial profits and adjusting SL to BE
If anything looking at the hourly chart this thing is ready to shoot up....it's picking away at levels one by one retesting them as support and going further. We have stalled abit but there's still plenty of hours left in the day.

Trade safe
4&1 All Time Profit: $37,496
  • #77,832
  • Feb 13, 2019 6:43am Feb 13, 2019 6:43am
Quoting MzansiObi
Just some food for thought. Yes there is strong bearish momentum for past couple of days. But consider this. Yesterday's daily bar was an engulfing bar. Off of a strong support area. That coupled with increased risk appetite due to fundies. I will be carefully shorting so close to support if anything will look to buy dips. Price still been trading above the LWMA's so will keep on buying dips and taking partial profits and adjusting SL to BE If anything looking at the hourly chart this thing is ready to shoot up....it's picking away at levels one...
we're on the same page here , similar line of thought

but we have stalled too many times here , so for the time being i'm still neutral and flat intraday
  • #77,833
  • Feb 13, 2019 6:47am Feb 13, 2019 6:47am
#gann at the ready for next leg
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twitter: @gettoefl
  • #77,834
  • Feb 13, 2019 6:57am Feb 13, 2019 6:57am
We are in the zone..
Between 1.13000 and 1.13100
yes yes yes
  • #77,835
  • Feb 13, 2019 6:58am Feb 13, 2019 6:58am
Good Morning!

Relax Bulls, just the correction. I will introduce you the CPI results in 30 min. A negative CPI is a BOOM!!!, If it is not Algos will tell
Don't believe me just watch!
  • #77,836
  • Feb 13, 2019 7:00am Feb 13, 2019 7:00am
If it holds and the RSI shows up , im buying
Attached Image (click to enlarge)
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Trade it as it lies
  • #77,837
  • Feb 13, 2019 7:01am Feb 13, 2019 7:01am
Quoting knkie
sold 1.1318 12 pip sl
this sell is now +12
SL to +2

if it falls thru 1.13 we can bleed the longs dry
in wondering about yourself, you forgot what you came here to be part of
  • #77,838
  • Feb 13, 2019 7:05am Feb 13, 2019 7:05am
Quoting Wavegarrick
Hi Guys, Took another short here with a 22 pip stoploss. 1.1300 could act as some sort of resistance. A swing reversal will not be as easy as it looks. I believe they will stop hunt either way, a bit of ping pong if you like with big moves in either direction, before direction is confirmed. Tomorrow, for me could see a lower low. Possibly 1.12500 and below. My real concern comes into Thursday where they could swing it up nicely and drop it again for the Friday close. From the 20th of this month we could see some impetus to the upside going into...
The ping pong match has begun. Remains to be seen if my monthly support 1 at 1.13017 will hold or the round number at 1.1300.

Take care..
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Trade to trade another day
  • #77,839
  • Feb 13, 2019 7:10am Feb 13, 2019 7:10am
Quoting Tslj.sg
{quote} Edited... Amendment : Still buy @ market 1.12773 BUT SL moved to 1.13073( 30 pips guaranteed profit) computer stop TP : still maintain at 1.13973( nett 120pips) Now is zero risk...See if rewards can get 120pips.. Let's go ...... Cheers...
Computer stop out ...Profit 30pips.... taken.....
Sideline now....
tslj
  • #77,840
  • Feb 13, 2019 7:12am Feb 13, 2019 7:12am
Looks like a good area to buy
ex nihilo
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