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EURUSD

  • #1,161,081
  • Oct 31, 2019 6:57am Oct 31, 2019 6:57am
Quoting Fredo219
{quote} Sell if 1.11514 gets broken.
Its time guys
Patience.....
  • #1,161,082
  • Oct 31, 2019 7:06am Oct 31, 2019 7:06am
Quoting bigiivan
{quote} Wish you many green pips to you, bro! I like your way.
Thanks Big I, same back to ya.
  • #1,161,083
  • Oct 31, 2019 7:21am Oct 31, 2019 7:21am
Quoting bigiivan
{quote} I know, I just have spoken with a man above.
I'll wait for 2 things before pulling the trigger. 1 NY Open. 2 high volume on H1.
  • #1,161,084
  • Oct 31, 2019 7:22am Oct 31, 2019 7:22am
by default my view is this (H4 DX)
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  • #1,161,085
  • Oct 31, 2019 8:50am Oct 31, 2019 8:50am
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yes yes yes
  • #1,161,086
  • Oct 31, 2019 10:21am Oct 31, 2019 10:21am
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yes yes yes
  • #1,161,087
  • Oct 31, 2019 11:31am Oct 31, 2019 11:31am
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yes yes yes
  • #1,161,088
  • Oct 31, 2019 3:39pm Oct 31, 2019 3:39pm
huge options levels in play this Friday for EURUSD. So my take on this is that we won't have much action in spot price.
Option writers will collect nice premiums and spot will get stuck in limbo.

If you think that NFP will provide great vola, you will most likely get disappointed this Friday.
Last NFP we had a 30 point move within 40 point daily range.
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  • #1,161,089
  • Oct 31, 2019 3:44pm Oct 31, 2019 3:44pm
Having said that. My outlook remains almost unchanged. I see 1.1220//1.1240 as a valid target for the bulls.
It will take a bit more time though.

Bulls will likely suffer a temp setback post NFP, so I won't be surprised if we do a re-test near 1100
before finally heading for 1.1220.

Based on current daily range in EU this might take a while to print 1.1200+. Maybe 6-10 trading days after NFP.
If you don't mind holding buys a bit longer (due to swap), then accumulating dips near 1100//1120 makes sense to me.
you will get paid, but it's going to take time.
  • #1,161,090
  • Oct 31, 2019 4:03pm Oct 31, 2019 4:03pm
NFP used to be a big deal and provided decent vola but that was a while ago.
Right now it's just an opportunity for big banks to grab excess liquidity and take your money from you.
  • #1,161,091
  • Oct 31, 2019 5:42pm Oct 31, 2019 5:42pm
Yes.
Can you afford to take that chance?
  • #1,161,092
  • Oct 31, 2019 9:08pm Oct 31, 2019 9:08pm
Quoting asgcorp
NFP used to be a big deal and provided decent vola but that was a while ago. Right now it's just an opportunity for big banks to grab excess liquidity and take your money from you.
Couldn't agree more
Just retired from University
  • #1,161,093
  • Edited 10:17pm Oct 31, 2019 9:38pm | Edited 10:17pm
Quoting vdeluca
Pretty shitty 100 pip profit vanished on Tuesday. Re-entered long; up 75 pips -- that vanished as well. Then entered short @ 1914. Stopped out @1944 for another 30 pip hit. I cannot afford to keep allowing profitable trades turn into losses, waiting for the 150 pip target according to the 5MFX system. From now on I am going to have to start taking profits whenever I have them.
But that is a big mistake, you need to manage your trades it's impossible to set a fixed tp all the time , at least you need to start to move your sl to profit or at least breakeven . This is the hardest part of trading is staying in a trade or getting out ?
The solution is experience.
  • #1,161,094
  • Oct 31, 2019 9:45pm Oct 31, 2019 9:45pm
Quoting bobby2
{quote} Nah Big I, let's go down to 1.11205, and then 1.10795 after that I'm short @ 1.11663 on H1 chart. C'mom Big I wish me luck now
Earlier I exited at 1.11459. It never made it to 1.1125-20. Now short again on H1 at 1.11606. Maybe it will stall around 1.1150-40 again. Price seems to like that area.
  • #1,161,095
  • Oct 31, 2019 10:48pm Oct 31, 2019 10:48pm
Quoting Youssenaru
{quote} But that is a big mistake, you need to manage your trades it's impossible to set a fixed tp all ways, at least you need to start to move your sl to profit or at least breakeven . This is the hardest part of trading is staying in a trade or getting out ? The solution is experience.
Yes , definitely experience. Some say cut your losses and let your profits run. I have faced multiple issues with this.
What I have benefited from is pre-define and trail your profits. Maintain your risk-reward ratio.
Just retired from University
  • #1,161,096
  • Edited 5:15am Nov 1, 2019 4:44am | Edited 5:15am
EUr slowly turns down 1.11249 , 1.1115, up 1.11816(but this is channel H1 border), 1.11910,but all slowly turn down.I think they can touch 1.11816 or 1.11910
and goes down after,they are not so strong like yesterday.But now eur goes to support.All turns down not up,it would be last high.With NFP can be up,but after down.Channel H4-1.11952,main target about it.After 1.12243.If we have high it would be last high
  • #1,161,097
  • Nov 1, 2019 4:54am Nov 1, 2019 4:54am
on daily cloud was broken by strong bull run, so bulls not done yet.
Bulls will suffer setback after NFP but will come back strong later.
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  • #1,161,098
  • Nov 1, 2019 5:05am Nov 1, 2019 5:05am
complete analysis for the NFP today with extended comment
https://www.tradingview.com/chart/EU...SET-1100-1180/
  • #1,161,099
  • Nov 1, 2019 5:32am Nov 1, 2019 5:32am
H4 eur channel goes down its difficult to turn it.Daily channel goes up.Gold H4 channel start to goes up,daily channel goes down.
  • #1,161,100
  • Nov 1, 2019 5:50am Nov 1, 2019 5:50am
Quoting bobby2
{quote} Earlier I exited at 1.11459. It never made it to 1.1125-20. Now short again on H1 at 1.11606. Maybe it will stall around 1.1150-40 again. Price seems to like that area.
Exit, just now, at 1.11420.
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