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EURUSD only

  • #92,681
  • Aug 1, 2019 4:41pm Aug 1, 2019 4:41pm
I think we will visit 1.12000 tomorrow but we will go and test weekly low again from 1.1110 to 1.10411 before going up.
Risk comes from not knowing what to do
  • #92,682
  • Aug 1, 2019 5:00pm Aug 1, 2019 5:00pm
Always bear in mind euro has breached major month support going back decades. Like cable both are in a landslide so much deeper lows and shallow retracements are most likely now. However the CB's are not going to want the pound and euro drifting too far apart so cable may pause for a while so euro dumping can catch up. You can see this easy taking place on the euro/gbp chart.
  • #92,683
  • Aug 1, 2019 10:00pm Aug 1, 2019 10:00pm
Quoting Mitiblotch
Finally got my spot. Short 1.10789. SL 1.1110. TP: open.
Excellent. Added over 7 lots shorts all the way to 1095. Now closed most in profit. Leaving just the ones from 1.1095 with SL already at BE. Now Trump will talk about EU trade today. Lol... Put the tariff on EU and this pair will quickly break 1.1000. I hope it happens today. Amen.
  • #92,684
  • Aug 1, 2019 10:02pm Aug 1, 2019 10:02pm
Quoting SilverBolt
Always bear in mind euro has breached major month support going back decades. Like cable both are in a landslide so much deeper lows and shallow retracements are most likely now. However the CB's are not going to want the pound and euro drifting too far apart so cable may pause for a while so euro dumping can catch up. You can see this easy taking place on the euro/gbp chart.
I wish I can like your post a hundred times. I agree with you completely. I hope took that opportunity to sell that retest near 1.11. Free fall. Gravity. I hope it pans out.
  • #92,685
  • Aug 1, 2019 11:37pm Aug 1, 2019 11:37pm
The Euro will go down another 900 Pips in the next 6 weeks. EASY MONEY.
  • #92,686
  • Aug 2, 2019 1:11am Aug 2, 2019 1:11am
I think if the big players want to set price down they will touch first 1,11 before falling.
  • #92,687
  • Aug 2, 2019 1:24am Aug 2, 2019 1:24am
Quoting Adam.k
{quote} Hi Amir, do you use EA to open orders?

I don't know what do you mean of "EA" !?

But I use pending orders 4 Long & Short positions like always.

Patterns have an underlying mathematical structure.
  • #92,688
  • Aug 2, 2019 1:31am Aug 2, 2019 1:31am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd daily 94.jpg Size: 215 KB
  • #92,689
  • Aug 2, 2019 1:43am Aug 2, 2019 1:43am
it's seems EurUSD will march to 1.13 level
  • #92,690
  • Aug 2, 2019 2:43am Aug 2, 2019 2:43am
I think EURUSD taking majority of small traders (like us) to a mountain ride then push everyone down to die
-happyTrading-myFx.
  • #92,691
  • Aug 2, 2019 2:58am Aug 2, 2019 2:58am
Finally, price reaching 1.11233, will look to short around this region. That is if PA supports it.
  • #92,692
  • Aug 2, 2019 3:03am Aug 2, 2019 3:03am
Quoting SilverBolt
Always bear in mind euro has breached major month support going back decades. Like cable both are in a landslide so much deeper lows and shallow retracements are most likely now. However the CB's are not going to want the pound and euro drifting too far apart so cable may pause for a while so euro dumping can catch up. You can see this easy taking place on the euro/gbp chart.

Good Morning,

Sorry mate, dont put yourself in to those sort of analysis, this kind of over thinking could restrict your ability to trade and sense of opportunity, ... GBP... EURO dosent follow each other... think about the price level of GBP and EURO just before the brexit referendum...

Happy Trading
Trades technical moves enforced by fundamentals
  • #92,693
  • Aug 2, 2019 3:10am Aug 2, 2019 3:10am
Quoting Amir_Forex
{quote} I don't know what do you mean of "EA" !? But I use pending orders 4 Long & Short positions like always.
EA = Expert Advisor
  • #92,694
  • Aug 2, 2019 3:18am Aug 2, 2019 3:18am
I normally don't make such big trades but this will be a good experience (i think) gotta keep trying to improve.

Sell 1.11002
SL 1.11635
TP 1.10329
  • #92,695
  • Edited 5:18am Aug 2, 2019 3:19am | Edited 5:18am
Waiting for NFP

Dollar already is in under pressure along with Global slowdown we are witnessing some sort of weakening in US as well, like the past few ISM numbers ... the only thing now holding the Dollar up is the labour market , so a slight indication of weakness there could trouble the Dollar bulls....

Bad NFP: Dollar falls + Sep rate cut % moves up ( two more cuts by 2019)
Green NFP: EUR back to future

as of EU, I think ECB would hold back from weakening the EUR further unless dollar moves down as any move to weaken EU further from this current level could prove disastrous and lead to parity...and they knows it

NB: Trump's fart not considered on this analysis

Trade safe

Happy Trading
Trades technical moves enforced by fundamentals
  • #92,696
  • Aug 2, 2019 3:26am Aug 2, 2019 3:26am
Quoting sunilpawar
{quote} 1120
Almost touched....
Now waiting for day close.....
The Phoenix Trader....
  • #92,697
  • Aug 2, 2019 3:36am Aug 2, 2019 3:36am
Quoting sunilpawar
{quote} Almost touched.... Now waiting for day close.....
Witnessing lot of PA and volatility.

Some one is buying heavily.......
It goes up with high speed and fall with low speed.
Appears that it will hit ata's target of 1280...(Mine is 1240)
SL is @ 1000.
First level of resistance @ 1140 for resuming upward target.....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
The Phoenix Trader....
  • #92,698
  • Aug 2, 2019 3:36am Aug 2, 2019 3:36am
managed to scalp a buy trade before the news. Now will watch on the side

Attached Image (click to enlarge)
Click to Enlarge Name: 7.png Size: 54 KB
TMT Scalping System (Best system on FF)
  • #92,699
  • Aug 2, 2019 3:40am Aug 2, 2019 3:40am
Quoting Pollen
managed to scalp a buy trade before the news. Now will watch on the side {image}
Bro can u share this trend proscanner....
The Phoenix Trader....
  • #92,700
  • Aug 2, 2019 3:44am Aug 2, 2019 3:44am
Quoting MXT
{quote} EA = Expert Advisor

Not@all , I don't use any expert advisor , robot , indicator ...

My platform is as simple as you see.

Patterns have an underlying mathematical structure.
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