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EURUSD

  • #1,162,661
  • Feb 18, 2020 1:02am Feb 18, 2020 1:02am
Not trading this. Possibly looking at the end of the run here. Not sure though so no trade until confirmation
  • #1,162,662
  • Feb 18, 2020 1:16am Feb 18, 2020 1:16am
i went for long at 1.08381 because i could see the will retrace to the up before continue the down trend.what do you think please brother?
  • #1,162,663
  • Feb 18, 2020 1:36am Feb 18, 2020 1:36am
Quoting countaccrue
{quote} From what I've gathered from the Euro is it's massively accumulating - discreetly. A long-term reversal (towards 1.20 from Feb'20 quote 1.09) is probably incoming for EURUSD that means. And that means a 3-9 month rally may be in store for related pairs EURGBP, EURCHF, EURJPY.
You may be right. We are long over due for a correction on this pair.

I'm already in this trade and ready to add more to it. There is a chance we may hit the gap before it goes up, however. But it could go up before this and eventually make its way back down again to fill the gap.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Gap.jpg Size: 143 KB
Learn from your mistakes and march on.
  • #1,162,664
  • Feb 18, 2020 1:42am Feb 18, 2020 1:42am
zzzzzzzzzzzzz not interested in buying
  • #1,162,665
  • Feb 18, 2020 2:01am Feb 18, 2020 2:01am
Quoting countaccrue
{quote} From what I've gathered from the Euro is it's massively accumulating - discreetly. A long-term reversal (towards 1.20 from Feb'20 quote 1.09) is probably incoming for EURUSD that means. And that means a 3-9 month rally may be in store for related pairs EURGBP, EURCHF, EURJPY.
If it goes up from here, there is a high probability it will make its way up somewhere between the 38.2 and 61.8 fib range (possibly higher), and then go back down from there to fill the gap. Of course, it's possible that gap might not get filled at all. There are no promises of such a scenario. Technical Analysis is about probabilities, not absolutes.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Correction.jpg Size: 154 KB
Learn from your mistakes and march on.
  • #1,162,666
  • Feb 18, 2020 2:06am Feb 18, 2020 2:06am
Quoting PatienceFx
zzzzzzzzzzzzz not interested in buying
You will be at some point.
Learn from your mistakes and march on.
  • #1,162,667
  • Feb 18, 2020 2:27am Feb 18, 2020 2:27am
Quoting Techanalyst
{quote} Prove it rookie. One chart whiner.
god this guy is impossible
  • #1,162,668
  • Feb 18, 2020 2:35am Feb 18, 2020 2:35am
with so much bad news corona , COVID , etc etc ....


risk off , KING DOLLAR....


why is it EU still stuck in 1.083x ??!?!?!?!?
  • #1,162,669
  • Feb 18, 2020 2:57am Feb 18, 2020 2:57am
Quoting PatienceFx
{quote} god this guy is impossible
God, not god. Please show some respect.

But why do you think I am impossible? Impossible in what way? And do you normally stab people in the back like you have done here to me?
Learn from your mistakes and march on.
  • #1,162,670
  • Feb 18, 2020 3:00am Feb 18, 2020 3:00am
Quoting paogeh
with so much bad news corona , COVID , etc etc .... risk off , KING DOLLAR.... why is it EU still stuck in 1.083x ??!?!?!?!?
there is no cure for " karo na " ; every person is infected with it, this is why population grows
  • #1,162,671
  • Edited 5:18am Feb 18, 2020 3:34am | Edited 5:18am
Quoting EvilEye
{quote} Well the thing is, if you know what you are doing, you *can* trade like that BUT if you knew what you are doing you would also know that better entries exist before the move, reducing the amount of drawdown and risk on your position. And that’s why you don’t sell at lows and buy at highs. Especially if you buy at the high in a dropping market - for example. You’ll never escape the trade without a loss.
That was kind of my point if you think about it. Of course it is best to buy low and sell high. There are times, however, let's say a multi day trade in a falling market, where you might see price falling from a high on the daily, and use the hourly to sell off a low consolidation break out. That can lead to a trade with low draw down. Probably needed to explain more and this type of discussion, where someone doesn't explain properly, happens a lot here. Lots of different ways to trade...
Gone to a better place
  • #1,162,672
  • Feb 18, 2020 4:19am Feb 18, 2020 4:19am
now eurusd will crash very very bad , whoever went long will cry
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 10 KB
  • #1,162,673
  • Feb 18, 2020 4:25am Feb 18, 2020 4:25am
Quoting PatienceFx
now eurusd will crash very very bad , whoever went long will cry {image}
ZEW says that investor expectations fell on the feared negative effects of the coronavirus epidemic on world trade and expectations regarding the development of export-intensive sectors have dropped particularly sharply.

This basically just reaffirms the fragility of hopes of a recovery in the euro area to start the year and I reckon as long as virus concerns continue to reverberate across the market, that should continue to weigh on the single currency until we get more clarity.
  • #1,162,674
  • Feb 18, 2020 4:29am Feb 18, 2020 4:29am
now the next important event is ECB monetary policy on THURSDAY

I HAVE SHORTS running and i will keep adding more shorts
  • #1,162,675
  • Feb 18, 2020 4:30am Feb 18, 2020 4:30am
Quoting PatienceFx
now eurusd will crash very very bad , whoever went long will cry {image}
It means they now have an excuse to fill the gap. I believe this is more about market manipulation than anything else.
Learn from your mistakes and march on.
  • #1,162,676
  • Feb 18, 2020 4:46am Feb 18, 2020 4:46am
Quoting PatienceFx
now eurusd will crash very very bad , whoever went long will cry {image}
I am long and I am smiling.
Everyone can see the chart, but only a few can actually read it.
  • #1,162,677
  • Feb 18, 2020 4:52am Feb 18, 2020 4:52am
Quoting OnlineAddict
{quote} I am long and I am smiling.
What some people forget to look at when doing technical analysis on EURUSD is DXY. Just because the EURO gets bad news it doesn't mean the dollar will keep going up.

But what do I know. I am just a rookie.
Learn from your mistakes and march on.
  • #1,162,678
  • Feb 18, 2020 4:55am Feb 18, 2020 4:55am
Quoting here2there
{quote} What some people forget to look at when doing technical analysis on EURUSD is DXY. Just because the EURO gets bad news it doesn't mean the dollar will keep going up. But what do I know. I am just a rookie.
Everyone can see the chart, but only a few can actually read it.
  • #1,162,679
  • Feb 18, 2020 5:29am Feb 18, 2020 5:29am
Pathetic trading range. Probably crosses are moving
  • #1,162,680
  • Feb 18, 2020 6:11am Feb 18, 2020 6:11am
Quoting OnlineAddict
{quote} I am long and I am smiling.
hahahahahahahahahaha
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