Attachments: Daily Trading Ideas

Daily Trading Ideas

#18,581
Jun 13, 2019 9:35am Jun 13, 2019 9:35am

fareed51
Joined Sep 2011 | Status: learning | 465 Posts

Quoting maflip

Disliked

Take a look at EU there was a spike down earlier with no follow thru. It's holding at the daily open. Could go back up later...

Ignored

DXY Daily Chart BULL means counter currencies should be bearish.
I notice XAUUSD didn't move downtrend instead EURUSD started sliding with DXY bull. Which means Traders are targeting EURUSD this time.
I'm much more happy trading Majors only

Go EURUSD go down moreeeeee

#18,582
Jun 13, 2019 9:41am Jun 13, 2019 9:41am

akim0895
| Commercial User | Joined Feb 2017 | 24,065 Posts

Quoting navk

Disliked

{quote} we miss May.

Ignored

yes bud

just for a cup of coffee...

#18,583
Jun 13, 2019 9:41am Jun 13, 2019 9:41am

fareed51
Joined Sep 2011 | Status: learning | 465 Posts

Quoting Mtinifx

Disliked

Getting bullish now. Back up to 1.2700? Such a lot of manipulation almost impossible to trade anything more then 5-8 pips!!

Ignored

DXY is the first safe heaven, watching DXY moves make you safe trader. if DXY downtrend then buy XAUUSD and other pairs. But if DXY bull enters then find counter currencies such as AUDUSD or EURUSD (in normal situations GBP too but I'm avoiding it during brexit) and SHORT them. USDJPY is aggressive pair and doesn't follow Technical trading rules. it moves with its own so i'm out of usdjpy too...

if you are scalpers then Akim's strategy works very well, sometimes things go messy so you hedge your losing trade and collect profit both sides Or close losing trades with BE or small profit by opening losing support trade. hegding never meant to just hold against losing trade, instead keep trading in other direction

#18,584
Jun 13, 2019 9:45am Jun 13, 2019 9:45am

akim0895
| Commercial User | Joined Feb 2017 | 24,065 Posts

Quoting akim0895

Disliked

still don’t want go up or down play in the range..

Ignored

all pairs like a yo-yo

just for a cup of coffee...

#18,585
Jun 13, 2019 9:46am Jun 13, 2019 9:46am

TonyHoney
| Joined Nov 2017 | Status: Trader | 1,070 Posts

GU target, 1.26512 or 1.26000

#18,586
Jun 13, 2019 10:20am Jun 13, 2019 10:20am

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

Quoting Almo2312

Disliked

{quote} thanks

Ignored

look at this. this is even better.

Attached Image (click to enlarge)

Click to Enlarge

Name: EURAUDM5.png
Size: 38 KB

Intraday only.

#18,587
Jun 13, 2019 11:44am Jun 13, 2019 11:44am

Almo2312
Joined Jul 2015 | Status: Trader | 2,762 Posts

Quoting navk

Disliked

{quote} look at this. this is even better. {image}

Ignored

nice

Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!

#18,588
Jun 13, 2019 11:44am Jun 13, 2019 11:44am

maflip
Joined Mar 2013 | Status: Trader | 6,512 Posts

Crappy market... Anywho 2700 held for now but I don't like this inverted H&S pattern forming on GU. Bears needs to break 2600 - 2650 to make the pattern fail. Anyway, in fundamental perspective, there is a rumor fed is going to lower rate to anticipate a coming US recession and BOE is rumored to raise rate. If this is true GU is going to go up up. So far, price action is not to the upside yet. Just saying, there is that situation in the works right now. Up to you guys how you would take that information...

#18,589
Jun 13, 2019 11:57am Jun 13, 2019 11:57am