New Pending Order, Sell Limit: 1.1123 Lot: x SL: 1.1141 TP: Open Edit: Order just got activated.. Stay Green
*Let's first see if 1.1123/27 area can resist!
Stay Green
Focus only on what truly matters!
- #100,881
- Jan 17, 2020 6:11am Jan 17, 2020 6:11am
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts
*Let's first see if 1.1123/27 area can resist!
Stay Green
- #100,887
- Jan 17, 2020 8:00am Jan 17, 2020 8:00am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} Buy too. Small lot. Scalp. It needs correction. Imo
COT: The precious data ignored
- #100,890
- Jan 17, 2020 8:17am Jan 17, 2020 8:17am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #100,892
- Jan 17, 2020 8:55am Jan 17, 2020 8:55am
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts
hi Ata. firstly i try to learn trading and thenks for this page. I want to ask about correlation between eursud and other pairs. I saw a post yesterday about usdjpy resistance break and and eurusd fall. Do you take into account correlations? And can you advice an article or page about this subject.
That being said all charts have sort of correlations.. they are never full correlations.. The nearest is the US-Index.. The rest is not a topic of this thread and we stay away from mentioning other pairs.. It is sort of curse phrases on this thread.. But if anyone wants to help you further he/she is free to private message you. My two cents..
Stay Green
Focus only on what truly matters!
- #100,893
- Jan 17, 2020 9:20am Jan 17, 2020 9:20am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
{quote} You earlier mentioned that price will not break 1.1120. You see, fellow trader, all of us here combined cannot move price even one pip! I guess we can all use better language when writing our posts, myself inclusive.
I read in a journal that it takes about 8-10 million US dollar to move 1 pip EU ..if some one wants to manipulate :
( not sure though)Happy Trading
Trades technical moves enforced by fundamentals
- #100,894
- Jan 17, 2020 9:22am Jan 17, 2020 9:22am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
Trade to trade another day
Last time I posted this chart, I was sure that the support would hold. As you can see now, the two reasons why I was sure, are now the two reasons why I am sure support will break. H&S looks like is going to be completed on daily and the broken trendline on the bigger timeframes, are enough reason for me. I expect bearish continuation next week. I would have scalped some shorts here, but I am not comfortable opening positions because of 1. London is going to close in an hour. And 2. I don't like shorting this low without some small correction. In other words: I am wishing you all a very good weekend and I'll see you on monday. I guess EU Bears are going to pay for the drinks this weekend
All good. Trade safe everybody!!
All good. Trade safe everybody!!
- #100,897
- Jan 17, 2020 9:41am Jan 17, 2020 9:41am
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts
Focus only on what truly matters!
- #100,900
- Jan 17, 2020 9:46am Jan 17, 2020 9:46am
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
Hi Guys, I did get into a sell trade today just after London open, with all my buy trades closed. Ideally not what I wanted but this is the nature of trading. To be honest it is still very unclear to me and I do expect a pull back at some point next week and judging from current price action, I could enter into more short trades. Important levels for me is the little ascending trend line at 1.10926 ish. and a break below could send this pair towards the all important ascending trend line at my current weekly sup 1 at 1.10657 from the low set in...
I will stay in other pairs today.
I like to see people change their analysis all the time and successful people never let their ego get in the way.
