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EURUSD only

  • #97,181
  • Oct 30, 2019 7:31am Oct 30, 2019 7:31am
Quoting hdlSA
{quote} i actually also think it might happen, but a spike only
thats all
Don't believe me just watch!
  • #97,182
  • Oct 30, 2019 7:32am Oct 30, 2019 7:32am
Quoting Ata-Turkoglu
{quote} Looking from the bright side: We are still lucky that you are not posting word by word or syllable by syllable.. at least you keep it sentence by sentence.. that's still a good thing.. Stay Green
The difference between forum/thread era and text messages.
  • #97,183
  • Oct 30, 2019 7:38am Oct 30, 2019 7:38am
Long from 1.1112, Target WR1 1.1147 SL 20pips
Only an idiot knows with certainty to where the market is going.
  • #97,184
  • Oct 30, 2019 7:47am Oct 30, 2019 7:47am
Quoting Funkydoodle
{quote} this trade is still running... I'm thinking of closing it at BE but I want to see the reaction at 1105 area first.
Believe it or not, I've been letting this trade run till now... LOL. Well I think after all that action I will finally put this to BE.

On H1 1123 area is still resisting, but I believe bulls will win this battle and take price up to 116x area. Maybe not today, but probably within this week. If 1123 breaks I'll be buying dips all the way till then.

There are a few reasons why I stay bullish. Ever since the spike up from 1080 yesterday, on the H1 chart - MACD is bullish, green LWMA is pointing up, price hasn't been able to close below green LWMA, and price has just been making HHs and HLs.

Just my thoughts!
Go with the flow
  • #97,185
  • Oct 30, 2019 7:54am Oct 30, 2019 7:54am
Quoting Funkydoodle
{quote} Believe it or not, I've been letting this trade run till now... LOL. Well I think after all that action I will finally put this to BE. On H1 1123 area is still resisting, but I believe bulls will win this battle and take price up to 116x area. Maybe not today, but probably within this week. If 1123 breaks I'll be buying dips all the way till then. There are a few reasons why I stay bullish. Ever since the spike up from 1080 yesterday, on the H1 chart - MACD is bullish, green LWMA is pointing up, price hasn't been able to close below green...
I agree with the H1 but HH HL only short period.
  • #97,186
  • Edited 8:25am Oct 30, 2019 8:09am | Edited 8:25am
Need 1122 to start the drop...? Bear Gartley formed on the 1M?
+ Ending Diagonal triangle.

I can hear the fat lady?
Founder of Sutherland Wave Principle
  • #97,187
  • Oct 30, 2019 8:20am Oct 30, 2019 8:20am
Friends,
I don't understand why are some friends talking about the only EURUSD drop?

What is the reason? FOMC leaked? Fed Interest Rate leaked?

  • #97,188
  • Oct 30, 2019 8:27am Oct 30, 2019 8:27am
Quoting raju0189
Friends, I don't understand why are some friends talking about the only EURUSD drop? What is the reason? FOMC leaked? Fed Interest Rate leaked?
That´s an interesting point. When I read "it ´ll get to 1045, it´s a must", clear sign of desperation. Seems to be a number of traders pushing out comments on a big drop coming... perhaps wishfull thinking.
  • #97,189
  • Oct 30, 2019 8:41am Oct 30, 2019 8:41am
Science vs Voodoo lol.
Founder of Sutherland Wave Principle
  • #97,190
  • Oct 30, 2019 9:19am Oct 30, 2019 9:19am
Hi Guys, a quick cheat sheet for FOMC:

- A hawkish rate cut. As the move is priced in. EUR/USD's fall may be minimal. This scenario has a high probability.
- A dovish rate cut. EUR/USD is set to soar on such Fed dovishness, which is not priced it. The probability is medium.
- No rate cut. A change to the main scenario – the rate cut – would come as a shocker to markets and show the Fed is not keen on following their lead. The Dollar will have room to rise in this low-probability scenario, sending EUR/USD plunging.

I bought today on the drop towards my dailly pivot at 1.11046. All trades locked in.

Good luck with FOMC in 1 hr 40 min's from now and trade safe.

Cheers
Trade to trade another day
  • #97,191
  • Oct 30, 2019 9:58am Oct 30, 2019 9:58am
Quoting Wavegarrick
Hi Guys, a quick cheat sheet for FOMC: - A hawkish rate cut. As the move is priced in. EUR/USD's fall may be minimal. This scenario has a high probability. - A dovish rate cut. EUR/USD is set to soar on such Fed dovishness, which is not priced it. The probability is medium. - No rate cut. A change to the main scenario – the rate cut – would come as a shocker to markets and show the Fed is not keen on following their lead. The Dollar will have room to rise in this low-probability scenario,...
The rate cut I's priced in while the hawkish and rate pause is yet to be price.EU starts EQ next month.Euro will weaken.Euro/Usd good to short. Imo
Make it Green
  • #97,192
  • Oct 30, 2019 10:09am Oct 30, 2019 10:09am
Quoting louisfx
{quote} The rate cut I's priced in while the hawkish and rate pause is yet to be price.EU starts EQ next month.Euro will weaken.Euro/Usd good to short. Imo
Hi Louisfx, The rate cut is priced in but much will depend on the tone by Powell. As for Qe and not "EQ" I leave it until then, I don't make forward predictions and trade price where we are, in the here and now. Eurusd is in a cycle for me which is up. I take my chances with this.

Trade safe.
Cheers.
Trade to trade another day
  • #97,193
  • Oct 30, 2019 10:30am Oct 30, 2019 10:30am
Can just smell that spike in 30 minutes. Currently short, having a feeling I can get smoked.
When you see it, BET big.
  • #97,194
  • Oct 30, 2019 10:36am Oct 30, 2019 10:36am
I disagree with the consensus that a rate cut has been fully priced in. I would not want to be long usd at this time
  • #97,195
  • Edited 10:55am Oct 30, 2019 10:42am | Edited 10:55am
Zero effect from news folks. Drop started at 1126 and bounced up to 88% in sub 6.
Need to fall to 1.1092 and bounce again... Dead cat bounce.
Founder of Sutherland Wave Principle
  • #97,196
  • Oct 30, 2019 10:48am Oct 30, 2019 10:48am
After some dip I think it will go back to the upside.. so I am still with the bulls as long as price is above 1.1088..

Stay Green
Focus only on what truly matters!
  • #97,197
  • Oct 30, 2019 10:54am Oct 30, 2019 10:54am
We going up and away.
Perfection is the enemy of good enough!
  • #97,198
  • Oct 30, 2019 11:14am Oct 30, 2019 11:14am
Outer degree 1 going down, component sub wave 7 to 1090, component sub sub wave 5 into 6.
It's a sharp wave correction sprinkled with some voodoo news spread widening.
News doesn't move markets folks but it moves spreads.
Founder of Sutherland Wave Principle
  • #97,199
  • Oct 30, 2019 11:20am Oct 30, 2019 11:20am
Probably less than 10 minutes for Powell speech. This is important. Cheers
Trade to trade another day
  • #97,200
  • Oct 30, 2019 11:24am Oct 30, 2019 11:24am
Hanging in sub sub 6 it can go to max 1122 @88% before continue down.
It's gonna fake u and take u, evil 6 haha.
Today was A Tale of Two Sixies.
Founder of Sutherland Wave Principle
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