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EURUSD only

  • #85,161
  • May 6, 2019 7:27am May 6, 2019 7:27am
Short at 1.1200 TP 1.1195. Good enough for me on a quick trade.
  • #85,162
  • May 6, 2019 7:46am May 6, 2019 7:46am
Maybe going down to re-test the gap at 1.116
  • #85,163
  • May 6, 2019 7:50am May 6, 2019 7:50am
Quoting 4experience
reverse long 1198 {image}
additional long 1182
SL 1172
  • #85,164
  • May 6, 2019 7:57am May 6, 2019 7:57am
... https://www.forexfactory.com/showthr...6#post12252876
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  • #85,165
  • May 6, 2019 7:59am May 6, 2019 7:59am
Quoting 4experience
{quote} additional long 1182 SL 1172

M5
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  • #85,166
  • May 6, 2019 8:05am May 6, 2019 8:05am
Quoting NappyTrader
{quote} Didn't expect this up move to be this much no thanks to the news. This is a major pivot point and with the close of the last hour candle the major trend (4 hr) might just be reversing unto an uptrend. Next week however would give a clearer picture.
The last hourly bar could be one of two things; either the last leg attempt by the bears that would push price down or the last leg (false low) before the bulls take over...i'll wait and see which happens.
  • #85,167
  • May 6, 2019 8:24am May 6, 2019 8:24am
Shooting star on H1 followed by an Engulfing .. everything happening under MA 100.. I will like to think bears are out the box ..

lets see
  • #85,168
  • May 6, 2019 8:26am May 6, 2019 8:26am
Smell a Black Monday or market correcting or what? If we see REAL risk aversion it is positive for the dollar and EU should go down.
Don't believe me just watch!
  • #85,169
  • May 6, 2019 8:37am May 6, 2019 8:37am
H1 Status Update

Not much movement today and candles are slowly squeezed into a triangle: Breakout from RED TL is more likely as long as candles stay ABOVE GREEN line. Therefore:

  1. If candles can close above Dashed RED I will start looking for buy setups. (My overall intraday bias is bullish).
  2. However, if candles somehow close below 1.1176 (below the blue horizontal line) I might also benefit from bear pressure and risk some scalper sell orders. Not so likely though..

Stay Green

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Focus only on what truly matters!
  • #85,170
  • May 6, 2019 8:42am May 6, 2019 8:42am
I think trend is still bearish
  • #85,171
  • May 6, 2019 8:42am May 6, 2019 8:42am
Quoting Starcraftmaz
It's barely really moved, hardly overbought. Very sluggish at the moment.
I meant by later today/ this evening. Forgot the news was 9am EST. Anyway 1.1184 Long no SL yet just monitoring until bears stop poking but will trail stop if next 1 hour candle shows bull intentions.
  • #85,172
  • May 6, 2019 8:48am May 6, 2019 8:48am
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  • #85,173
  • May 6, 2019 8:59am May 6, 2019 8:59am
Quoting NappyTrader
{quote} The last hourly bar could be one of two things; either the last leg attempt by the bears that would push price down or the last leg (false low) before the bulls take over...i'll wait and see which happens.
Seems to be a false low setup, there was an opportunity to scalp to the whole number level but I don't want to risk it because of the news now. My bias is up and would be looking for buy opportunities at the top of range (1.1201 - 1.1204).
  • #85,174
  • May 6, 2019 9:22am May 6, 2019 9:22am
EU H4 resistance trend line + WPP.

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  • #85,175
  • May 6, 2019 9:45am May 6, 2019 9:45am
i think we should keep in mind that the euro (EXY) is overall on a downtrend and the Dollar (Dxy) is overall on an uptrend.
  • #85,176
  • May 6, 2019 10:10am May 6, 2019 10:10am
im still long on EU,
first target on the 1.235 area

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TMT Scalping System (Best system on FF)
  • #85,177
  • May 6, 2019 10:15am May 6, 2019 10:15am
Hi Guys,

Nothing much to write about besides the fact that I have opened another buy trade today. My weekly pivot goes up slightly from 1.11731 to 1.11947 which tells me that we are in a consolidation phase but overall still slightly bullish at this point. 1.12000 remains an obstacle for bulls and will have to see if we have a daily close above. Tomorrow should see more momentum.

All the best for the week.
Cheers
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Trade to trade another day
  • #85,178
  • May 6, 2019 10:23am May 6, 2019 10:23am
0,10 lots BUY at 1,1194;
Sl at 1,1181;
First target still 1,1270.
  • #85,179
  • May 6, 2019 10:36am May 6, 2019 10:36am
Quoting 4experience
{quote} additional long 1182 SL 1172
all position closed 1197
Nice evening !!
  • #85,180
  • May 6, 2019 10:37am May 6, 2019 10:37am
EU M15 resistance.
still now ranging
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