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EURUSD only

  • #84,261
  • Apr 25, 2019 1:27am Apr 25, 2019 1:27am
Quoting Ata-Turkoglu
{quote} Come again? {image}
Great thing about trading is that everybody can be right (or wrong). On the Daily we are in a clear downward channel - but at the bottom of the channel as per Ata's graphic - so chances are for the shorter term retrace up. The more conservative trader should wait for that retrace and return to selling from highs.
It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)
It takes time
  • #84,262
  • Apr 25, 2019 1:31am Apr 25, 2019 1:31am
Quoting galactico
{quote} Great thing about trading is that everybody can be right (or wrong). On the Daily we are in a clear downward channel - but at the bottom of the channel as per Ata's graphic - so chances are for the shorter term retrace up. The more conservative trader should wait for that retrace and return to selling from highs. It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)
Exactly.. all I wanted to show is that every thesis can have an anti-thesis. Every trader must adapt based on his/her own trading plans. But rarely there is also consensus. However at the moment that is not the case for this pair. As you put it with current picture in mind, everybody can be right or wrong here. Time will tell..

Stay Green
Focus only on what truly matters!
  • #84,263
  • Apr 25, 2019 1:32am Apr 25, 2019 1:32am
Quoting galactico
{quote} Great thing about trading is that everybody can be right (or wrong). On the Daily we are in a clear downward channel - but at the bottom of the channel as per Ata's graphic - so chances are for the shorter term retrace up. The more conservative trader should wait for that retrace and return to selling from highs. It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)
Work best on a ranging market..

but it's a who;e different story when we about breaking out of weekly/monthly
Buyers may require some reasonable amount of luck at this critical point

We cannot range forever
  • #84,264
  • Apr 25, 2019 1:43am Apr 25, 2019 1:43am
Inserted Video
  • #84,265
  • Apr 25, 2019 2:14am Apr 25, 2019 2:14am
1.1170
1.1144
pass each one makes direction
  • #84,266
  • Apr 25, 2019 2:45am Apr 25, 2019 2:45am
Quoting 4experience
Hi short term is up buy 1157 SL 1144 better target possible 1225 --> area to sell

buy stopped
sell 1148
SL 1162
  • #84,267
  • Apr 25, 2019 2:50am Apr 25, 2019 2:50am
Good Morning my Friends!

Well took an ugly hit on earlier longs!! but reloaded few at 1.114x level. SL: 1.1088, TP1: 1.1190, TP2: Open

Reason: EU kinda over sold & hoping for correction.

Trade Safe
Happy Trading
Trades technical moves enforced by fundamentals
  • #84,268
  • Apr 25, 2019 3:09am Apr 25, 2019 3:09am
Quoting 4experience
{quote} buy stopped sell 1148 SL 1162
additional sell 1151

my chart soon
  • #84,269
  • Apr 25, 2019 3:19am Apr 25, 2019 3:19am
Quoting 4experience
{quote} additional sell 1151 my chart soon
M15
Attached Image (click to enlarge)
Click to Enlarge Name: 250419eu.png Size: 18 KB
  • #84,270
  • Apr 25, 2019 3:29am Apr 25, 2019 3:29am
EURO is bearish. I sold
≧◠‿◠≦✌
Attached Image (click to enlarge)
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  • #84,271
  • Apr 25, 2019 3:37am Apr 25, 2019 3:37am
I am waiting for 1.1146 to become support and then to stabilize.. Patience..

Stay Green
Focus only on what truly matters!
  • #84,272
  • Apr 25, 2019 4:13am Apr 25, 2019 4:13am
Quoting Pleiadian
{quote} Here is a good place to start #supplyanddemandforex and choose which suits your style
thanks a lot!
  • #84,273
  • Apr 25, 2019 4:22am Apr 25, 2019 4:22am
Does anyone see 1.1076 ?
  • #84,274
  • Apr 25, 2019 4:36am Apr 25, 2019 4:36am
Quoting Traderview
Does anyone see 1.1076 ?
certainly possible. we were down to 1.04 a couple of years ago...
  • #84,275
  • Apr 25, 2019 4:36am Apr 25, 2019 4:36am
Previous 4hr bar was a bearish engulfing bar. Seems this pair still has some space downwards. I just wish they can be fast about it so I can buy for some pips. Selling here is not an option. And even innbuyingnthere must be evidence to support buying before doing so. That move yesterday was a serious breakdown so buying should be done with absolute care.
  • #84,276
  • Apr 25, 2019 4:40am Apr 25, 2019 4:40am
Quoting Traderview
Does anyone see 1.1076 ?
checking the weekly chart, it is possible
≧◉◡◉≦
Attached Image (click to enlarge)
Click to Enlarge Name: PrintScreen24.JPG Size: 139 KB
  • #84,277
  • Apr 25, 2019 4:41am Apr 25, 2019 4:41am
I think we’re going down a bit more
ex nihilo
  • #84,278
  • Apr 25, 2019 4:41am Apr 25, 2019 4:41am
Quoting Mitiblotch
Previous 4hr bar was a bearish engulfing bar. Seems this pair still has some space downwards. I just wish they can be fast about it so I can buy for some pips. Selling here is not an option. And even innbuyingnthere must be evidence to support buying before doing so. That move yesterday was a serious breakdown so buying should be done with absolute care.
I agree, its too late to join the trend here and its still too early for the retracement. Just twiddle our thumbs and wait i guess haha.
  • #84,279
  • Apr 25, 2019 4:47am Apr 25, 2019 4:47am
Quoting Traderview
Does anyone see 1.1076 ?
still we have 1130 to 1120 support to broke
let me check if still valid...
  • #84,280
  • Apr 25, 2019 4:47am Apr 25, 2019 4:47am
Every time drop about 70-100 but at this level
hard resistance at 1.177 was double bottom on daily chart was broken so more drop is expected
but USA new about 2.5 hour later can make it faster or noise up
Attached Image (click to enlarge)
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