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  • #1,156,481
  • May 23, 2019 10:19am May 23, 2019 10:19am
Quoting Amir_Forex
{quote} + {image}
+
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Patterns have an underlying mathematical structure.
  • #1,156,482
  • May 23, 2019 10:19am May 23, 2019 10:19am
Anyway EURUSD is in the formation of a Daily pinbar from a useful Daily Support. This could rise upto 1.1240 if it forms today and then descend.

See you
  • #1,156,483
  • May 23, 2019 10:41am May 23, 2019 10:41am
Quoting Ss0
{quote} You Ugly maid's kid It's points not pips you rookie.
Take your medicine rookie, and be quite. Stop posting nonsense. Watch and learn, wannabe trader. Get off your cell, go back to your boring day job you depressing rookie. Keep your day job rookie.
  • #1,156,484
  • May 23, 2019 11:52am May 23, 2019 11:52am
today after EU hit low of 1.1110 , with LOW IMPACT US news ,
rebound sharply to 1.1180 .....
a whopping 90pip jump on LOW IMPACT news ?!?!??!

and the EUR German HIGH IMPACT news were just from 1.1140 to 1.1110 ===> 30 pips drop .


why is it the news impact different from FF potrait ?
LOW IMPACT new caused more pip that HIGH IMPACT ?
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  • #1,156,485
  • May 23, 2019 12:07pm May 23, 2019 12:07pm
Quoting paogeh
today after EU hit low of 1.1110 , with LOW IMPACT US news , rebound sharply to 1.1180 ..... a whopping 90pip jump on LOW IMPACT news ?!?!??! and the EUR German HIGH IMPACT news were just from 1.1140 to 1.1110 ===> 30 pips drop . why is it the news impact different from FF potrait ? LOW IMPACT new caused more pip that HIGH IMPACT ? {image}
The market players can move the price to clean out stop losses in the short term

It happens often and news can be exaggerated by the market to drive the price
Don't Worry Be Happy
  • #1,156,486
  • May 23, 2019 12:50pm May 23, 2019 12:50pm
h4+h1
Attached Image(s) (click to enlarge)
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yes yes yes
  • #1,156,487
  • May 23, 2019 1:02pm May 23, 2019 1:02pm
Quoting MrPresident
{quote} a magical reversal but probably it will be short lived 1.118 could be the top
sold near 1.118, stop above 1.133, target is 1.113 and below
Don't Worry Be Happy
  • #1,156,488
  • Edited 3:28pm May 23, 2019 2:49pm | Edited 3:28pm
Good as start tanking usdx, got first confirmation, may be enough but will look for next to seat comfort!
For eu may early 1223 with care 1195 and 1209 though and good confirmation 1261.take care.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,489
  • May 23, 2019 3:20pm May 23, 2019 3:20pm
Quoting Amir_Forex
{quote} + {image}
Hi Amir! Whats your your trading strategy?
  • #1,156,490
  • May 23, 2019 4:39pm May 23, 2019 4:39pm
Quoting riclater211
{quote} More of the same. Price continues its slow crawl down. We could be seeing a bottom. However, we are roughly 800 pips away from the 16 year low. 800 pips sounds like a lot but EURUSD dropped the same amount steadily from June of last year and here we are. One more year of down trend? Is the ECB actually trying to do something? Or are they caught up in all the same nonsense Europe always seems to be in? I blame Brussels , the de facto capital of the European Union, France and Germany for EURO failing so badly. They run Europe. They refuse...
That candle is a whole lot of nothing and I hope you didn't fall for any of that. Any way, Price hit and already established low and then goes up to the high it can get passed. Still waiting for something real to happen.

- Ric
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Be humble or get humbled
  • #1,156,491
  • May 23, 2019 8:49pm May 23, 2019 8:49pm
I can see where I got it wrong.
I thought we saw the bear trap two days ago, but yesterday was the actual beartrap.
Sweet trade out of there handed to US traders

Now can start to look for buy opportunities.
  • #1,156,492
  • Edited 10:49pm May 23, 2019 10:14pm | Edited 10:49pm
Waiting breakout in usdx through support zones of 97.65 and 60 to 97.51 target, tough areas may need time and momentum to do. So some sideways possible.
Likewise eu to get target 1222 through registances of 1194 and 1208 and doing so nay get support 1165 repeatedly. Take care, fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,493
  • May 24, 2019 12:31am May 24, 2019 12:31am
Important bull bounce on the 1.1110 support!
We might see a Fibo correction down to 1160...
Member
  • #1,156,494
  • May 24, 2019 12:33am May 24, 2019 12:33am
The "historical" support at 1.1110 is holding.
Important bull momentum!
We might see a Fibo correction down to 1160
...then maybe another bull run to 1215 on a weak dollar because of the trade war.
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Member
  • #1,156,495
  • May 24, 2019 1:09am May 24, 2019 1:09am
24. May 2019 LIVE Market Preview (EuroDollar) by Holdemtrader https://www.youtube.com/channel/UCKH...8soI3WMGw/live via @YouTube
  • #1,156,496
  • May 24, 2019 1:36am May 24, 2019 1:36am
Quoting TudorIoan
The "historical" support at 1.1110 is holding. Important bull momentum! We might see a Fibo correction down to 1160 ...then maybe another bull run to 1215 on a weak dollar because of the trade war. {image}
They probably want 1.13 now that they spiked the Daily Lows. And what a rejection...wow!
  • #1,156,497
  • May 24, 2019 1:41am May 24, 2019 1:41am
Quoting Stillearnin
{quote} They probably want 1.13 now that they spiked the Daily Lows. And what a rejection...wow!
Oups, this is an angry bull! No correction!
Shorted 1204 for 10 pips fun scalp

...but the bull seem too strong "President Xi said to have ruled out the possibility to meet with US President Trump at G20"
That sounds bad for the USD now.
Member
  • #1,156,498
  • May 24, 2019 1:42am May 24, 2019 1:42am
Quoting TudorIoan
The "historical" support at 1.1110 is holding. Important bull momentum! We might see a Fibo correction down to 1160 ...then maybe another bull run to 1215 on a weak dollar because of the trade war. {image}
SO it is a buy at 1.1160?
  • #1,156,499
  • May 24, 2019 1:49am May 24, 2019 1:49am
Quoting basit1
{quote} SO it is a buy at 1.1160?
MAybe even 1180 or 1170 now because we have a new High...
I use to count on classic Fibo levels when it comes to strong momentums' waited corrections
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  • #1,156,500
  • May 24, 2019 1:59am May 24, 2019 1:59am
Quoting TudorIoan
{quote} Oups, this is an angry bull! No correction! Shorted 1204 for 10 pips fun scalp...but the bull seem too strong "President Xi said to have ruled out the possibility to meet with US President Trump at G20" That sounds bad for the USD now.
Done, +10 quick pips!
I got an important resistance at 1204 but I have never hoped to work so fast
I guess I was lucky...
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