Attachments: EURUSD only

EURUSD only

#89,781
Jun 23, 2019 7:27am Jun 23, 2019 7:27am

ubtt
| Joined Apr 2019 | Status: Trader | 124 Posts

h4 rsi（14）is 78 and the correction will be immediate on Monday. But there won’t be a big one until the market realizes the Fed won’t cut rate on July.

#89,782
Jun 23, 2019 7:49am Jun 23, 2019 7:49am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,130 Posts | Online Now

Quoting satish37

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{quote} Ata-Turkoglu After touching 1.1395 or 1.1414 this must rebound and test 1359 or 1.1349 if they are not tested before advancing to 1395-1314. So I decided to take risk at this point. As market has touched 1.1376 , no doubt it will test 1.1395. But safe trading is trading with the trend. Simply a 20 Pips rebound must occur at 1.1395. " 1.1385/95 area is bad ass resistance! " bad ass resistance Means weak resistance or strong resistance please clear it . Thanks

Ignored

It means strong resistance.. My magnetic resistance levels are generally tough to break.. So I expect either a clear bounce down or a very strong new bullish candle.. Always careful at these bad ass levels..

Stay Green

Focus only on what truly matters!

#89,783
Jun 23, 2019 9:08am Jun 23, 2019 9:08am

satish37
Joined May 2013 | Status: Trader | 1,457 Posts

Quoting Pollen

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EURUSD Bullish ATM {image}

Ignored

Hi Pollen
Your system is paid version or free?

Neither a Bro Nor a Pro I am I

#89,784
Jun 23, 2019 10:50am Jun 23, 2019 10:50am

viktoriaxz
| Joined Jun 2019 | Status: on vacation | 1,726 Posts

Quoting Oc6oph

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Going to look for shorts aiming for 1.1200 area

Ignored

Eur is near upper level, wait short also,no longs for me ,but it should be strong reverse.It needs 1-2 day to wait reverse,or it can be sharp like rising of eur.

#89,785
Jun 23, 2019 11:04am Jun 23, 2019 11:04am

Oc6oph
Joined Nov 2018 | Status: Trader | 4,643 Posts

Quoting viktoriaxz

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{quote} Eur is near upper level, wait short also,no longs for me ,but it should be strong reverse.It needs 1-2 day to wait reverse,or it can be sharp like rising of eur.

Ignored

Its at 1.1360 area which is point D for bear crab

ex nihilo

#89,786
Jun 23, 2019 11:16am Jun 23, 2019 11:16am

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,248 Posts | Online Now

Quoting Mitiblotch

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{quote} I see a repeat of March 20 FOMC repeating here. I expect London to spike to that 1.125x area tomorrow where I'll sell again. This time I hope we go down for good. The MMs didn't get the reason they so ,ugh needed to spike price. Like I said before, until the rate cut actually happens and the ECB gets a bit closer to the Fed, I'll keep selling resistances as I deem it fit. Everything else is speculation.

Ignored

I mentioned I was travelling home after over 2 years. Been busy with family. Quite some bad trades I took above. It was my fault and because I had become complacent without looking quite closely as I used to. Reality spanked me hard in the face. Really hard! My stops above 1.13 were hit. I booked profit for the initial sells and kept pending shorts at 1.1248 (I hate pending orders) and slept off. Woke up to see them triggered. Oh me. This chart below is why I feel like beating myself up. I read volume correlation with price quite well but for some time have ignored it. Reality woke me up, plus some Indian guy who gave me more clues. If only I had switched to my 1hr chart I'd have known to close my sells and buy:

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For this week I'd just watch to see how price behaves.

#89,787
Jun 23, 2019 11:37am Jun 23, 2019 11:37am

viktoriaxz
| Joined Jun 2019 | Status: on vacation | 1,726 Posts

After the events with the US rate, I learned one lesson-I close the longs and shorts before the NFP and US rate,stay without positions the next day after it.I was in short of EUr before US rate .I'm still in Euro shorts,but I hope to get out of them with this fall of the Euro.

#89,788
Jun 23, 2019 11:42am Jun 23, 2019 11:42am

Oc6oph
Joined Nov 2018 | Status: Trader | 4,643 Posts

Quoting viktoriaxz

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After the events with the US rate, I learned one lesson-I close the longs and shorts before the NFP and US rate,stay without positions the next day after it.I was in short of EUr before US rate .I'm still in Euro shorts,but I hope to get out of them with this fall of the Euro.

Ignored

Well maybe you’ll get about 200 pips on your shorts

ex nihilo

#89,789
Jun 23, 2019 11:52am Jun 23, 2019 11:52am

Wavegarrick
Joined Sep 2017 | Status: Trader | 4,360 Posts

Hi Guys,
Some thoughts that cross my mind. With a weekly close above 1.1350 we could/should see 1.1400. Intra day could see price bounce back towards my weekly pivot at 1.13088 ish. So 1.13000 remains crucial to the upside for me and I don't rule out a retest of this. Do I remain bullish. Yes quietly so. I see no need to short just yet.

Have a great week.
Cheers

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Trade to trade another day

#89,790
Jun 23, 2019 12:19pm Jun 23, 2019 12:19pm

viktoriaxz
| Joined Jun 2019 | Status: on vacation | 1,726 Posts

we have a double top, triple top cant be,eur goes to find bottom.

#89,791
Jun 23, 2019 12:29pm Jun 23, 2019 12:29pm

bigiivan
Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts

Quoting Wavegarrick

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Hi Guys, Some thoughts that cross my mind. With a weekly close above 1.1350 we could/should see 1.1400. Intra day could see price bounce back towards my weekly pivot at 1.13088 ish. So 1.13000 remains crucial to the upside for me and I don't rule out a retest of this. Do I remain bullish. Yes quietly so. I see no need to short just yet. Have a great week. Cheers {image}

Ignored

They can't push it higher endless. It is overbought for me.

#89,792
Jun 23, 2019 12:46pm Jun 23, 2019 12:46pm

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,248 Posts | Online Now

Quoting Oc6oph

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{quote} Well maybe you’ll get about 200 pips on your shorts

Ignored

They can spike out 1.1444 area first. Someone shared this chart made last year. It seems the most accurate to me so far. In any case, I will follow what's happening per time until we get to the top. No need to predict, just follow.

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#89,793
Jun 23, 2019 12:49pm Jun 23, 2019 12:49pm

viktoriaxz
| Joined Jun 2019 | Status: on vacation | 1,726 Posts

It looks like 4 days of rise without any correction.Its like gap.

#89,794
Jun 23, 2019 12:53pm Jun 23, 2019 12:53pm

Wavegarrick
Joined Sep 2017 | Status: Trader | 4,360 Posts

Quoting bigiivan

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{quote} They can't push it higher endless. It is overbought for me.

Ignored

Hi Bigive, yes sure it is o/bought on the time frames we look at. Zoom out. It is actually o/sold on the higher time frames. Our indicators mean nothing. Our indicators synchronize with the markets. We are due for a retrace , Yes sure. However the markets wait for nobody. They can push price up to silly levels and only then will our indicators line up. Range trading make our indicators look good. It becomes a different story all together when the big boys get involved. We just need to hope that we are on the right side of the trade. I hope that we go back into the range in the new week so we all can get into our routine, but so help me they can push it up to levels that nobody will ever expect.

Trade safe.

Trade to trade another day

#89,795
Jun 23, 2019 12:57pm Jun 23, 2019 12:57pm

Oc6oph
Joined Nov 2018 | Status: Trader | 4,643 Posts

Quoting Mitiblotch

Disliked

{quote} They can spike out 1.1444 area first. Someone shared this chart made last year. It seems the most accurate to me so far. In any case, I will follow what's happening per time until we get to the top. No need to predict, just follow. {image}

Ignored

I doubt we get too much higher but we may. Was wanting to short up here couple weeks ago due to bear crab so I’m going to short here soon

ex nihilo

#89,796
Jun 23, 2019 1:03pm Jun 23, 2019 1:03pm

bigiivan
Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts

Quoting Wavegarrick

Disliked

{quote} Hi Bigive, yes sure it is o/bought on the time frames we look at. Zoom out. It is actually o/sold on the higher time frames. Our indicators mean nothing. Our indicators synchronize with the markets. We are due for a retrace , Yes sure. However the markets wait for nobody. They can push price up to silly levels and only then will our indicators line up. Range trading make our indicators look good. It becomes a different story all together when the big boys get involved. We just need to hope that we are on the right side of the trade. I hope...

Ignored

I agree that monthly and weekly is bullish. But I still expect a correction. Usually monday morning continued friday's move. Maybe after LO will see some action.

#89,797
Jun 23, 2019 2:12pm Jun 23, 2019 2:12pm

viktoriaxz
| Joined Jun 2019 | Status: on vacation | 1,726 Posts

I saw weekly chart and history i can say-weekly MA 50-1.14027,its very serious level.IF we cross this level and stay above several days i can say we can go up longterm ,i saw it from history.See history of MA50 on weekly.

#89,798
Jun 23, 2019 2:24pm Jun 23, 2019 2:24pm

Oc6oph
Joined Nov 2018 | Status: Trader | 4,643 Posts

Quoting viktoriaxz

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I saw weekly chart and history i can say-weekly MA 50-1.14027,its very serious level.IF we cross this level and stay above several days i can say we can go up longterm ,i saw it from history.See history of MA50 on weekly.

Ignored

It’s testing 200sma on weekly not 50

ex nihilo