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  • #1,160,501
  • Oct 11, 2019 1:33am Oct 11, 2019 1:33am
second option for today. TP/SL - see chart. I don't know which one is going to work, so I will do both, first setup SL 10 second SL 20.
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  • #1,160,502
  • Oct 11, 2019 1:44am Oct 11, 2019 1:44am
not many red items today, Draghi soon and then US-China trade update, probably very late in the day.
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  • #1,160,503
  • Oct 11, 2019 1:44am Oct 11, 2019 1:44am
hypothesis1
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At its best, change itself becomes a lifestyle.
  • #1,160,504
  • Oct 11, 2019 1:48am Oct 11, 2019 1:48am
Quoting asgcorp
potential trade setup in EURUSD based on key levels today. SL 10 points max. {image}
1020 pending short scrapped. I will stick to this plan. DXY H4 TL broken, it's going down, and EU will hit 1050//1060 today,
sweet spot for short selling later in the day.

Here's DX H4 broken TL.
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  • #1,160,505
  • Oct 11, 2019 1:56am Oct 11, 2019 1:56am
shortfall 101: when you analyze EURUSD, you only look @ EURUSD and forget to do a proper review of DXY.
  • #1,160,506
  • Oct 11, 2019 2:01am Oct 11, 2019 2:01am
1018-1020 - 1000 might be a nice scalp on sell side until Draghi.
  • #1,160,507
  • Oct 11, 2019 2:25am Oct 11, 2019 2:25am
Quoting asgcorp
1018-1020 - 1000 might be a nice scalp on sell side until Draghi.
don't hold too long though. hit TP and get out soon.
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  • #1,160,508
  • Oct 11, 2019 3:03am Oct 11, 2019 3:03am
Quoting asgcorp
not many red items today, Draghi soon and then US-China trade update, probably very late in the day. {image}
i dont see this news at forexfactory calendar??(just ECOFIN all day)
  • #1,160,509
  • Oct 11, 2019 3:08am Oct 11, 2019 3:08am
a view...
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trading is simple but is simple is not easy.
  • #1,160,510
  • Oct 11, 2019 3:24am Oct 11, 2019 3:24am
Quoting asgcorp
{quote} don't hold too long though. hit TP and get out soon. {image}
TP removed. SL to BE.
  • #1,160,511
  • Oct 11, 2019 3:24am Oct 11, 2019 3:24am
Quoting pridolfx
{quote} i dont see this news at forexfactory calendar??(just ECOFIN all day)
https://www.myfxbook.com/forex-economic-calendar
  • #1,160,512
  • Oct 11, 2019 3:39am Oct 11, 2019 3:39am
tricky bullshit today. After Draghi it might pump.
  • #1,160,513
  • Oct 11, 2019 4:06am Oct 11, 2019 4:06am
Quoting asgcorp
{quote} TP removed. SL to BE.
stops @ BE. reversing long via buy stops above daily HOD. TP 1060.
  • #1,160,514
  • Oct 11, 2019 4:29am Oct 11, 2019 4:29am
Quoting asgcorp
{quote} stops @ BE. reversing long via buy stops above daily HOD. TP 1060.
HOD=??HIGH OF DAY??
  • #1,160,515
  • Oct 11, 2019 4:29am Oct 11, 2019 4:29am
Quoting pridolfx
{quote} HOD=??HIGH OF DAY??
yeah
  • #1,160,516
  • Oct 11, 2019 4:34am Oct 11, 2019 4:34am
looks dead / no impact on Draghi, maybe wait 15 more minutes.
Buy stops above 1026 via grid.
  • #1,160,517
  • Oct 11, 2019 4:35am Oct 11, 2019 4:35am
Quoting asgcorp
looks dead / no impact on draghi, maybe wait 15 more minutes. Buy stops above 1026 via grid.
he will talk in next 23min
  • #1,160,518
  • Oct 11, 2019 4:38am Oct 11, 2019 4:38am
Quoting ZenNy
a view... {image}
today I went short and risked 16 pips but did not worked out.....maybe at the time I took the trade the pair was ranging, hit the bottom of the range and reversed...In brief I was reading wrongly.......if is not really reversing it will probably set in that range before anything else........ Done for the day and week.
trading is simple but is simple is not easy.
  • #1,160,519
  • Oct 11, 2019 4:45am Oct 11, 2019 4:45am
ok guys. keeping expectations low for today.
might be a dead day entire day.

EU now is subject to the outcome of the US-China trade talks and the next move
will depend on whether or not there's some partial deal to lift the latest tariffs/delay them.
We won't know the outcome this week, only later next week (Monday/Tuesday).
  • #1,160,520
  • Oct 11, 2019 4:47am Oct 11, 2019 4:47am
Trump to meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT Friday
https://www.reuters.com/article/us-usa-trade-china-meeting/trump-to-meet-with-chinese-vice-premier-liu-he-at-245-pm-edt-1845-gmt-friday
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