EURUSD only

#EURUSD / H4

Bull got its one target, exaggerated a little, anyway watching again 1027 breaks then limit 1006 again for next target to up or likely failure for next limit 0909 again.

Going to wait little more time. Bulls are loosing steam little by little. I think will try to enter around 1.1080 if it comes there. But i think end of this 4hr candle will give some clues. The data on the US also coming.


Lets see

May I ask why sell, if trend is up?

I'm still bullish....maybe we get that 100% retracement.....I wouldn't carry anything over the weekend...a gap could happen like last weekend

IMO A bull is a bull until its not

Trend is up where? M1? M5? M15? M30? H1? H4? D? W? M? where? Be more specific..

Long story short: there is not "one trend".. Timeframe changes everything.. Your timeframe is different than mine so be it.. No need to wonder what others do.. Everybody has their reasons to buy or sell based on million different things..

That being said, my reason was Daily candle hitting GREEN line and the potential resistance I marked at 1.1042.. Obviously you have not noticed my daily chart post.. Is well

Stay Green

My bears never disappoint me.

Here is the treat they deserve to get.

25-28 Feb

what is the green line setting please?

On H4 I lately use WMA 46, Shift 1.. I already explained long time ago here: https://www.forexfactory.com/showthread.php?t=837317

Stay Green

Closing trade manually here at 1.0992 (+53 pips cashed in.. -10 pips loss from yesterday easily covered)

Stay Green

possible reentry position for shorts might be 1.1013 and 1.1026.

Price action moved to touch the top of the long-term trend channel at 1.1050 and reversed. That will provide hard resistance, as the trend started the week of 12-Feb-2018. Currently the bottom of that channel rests near 1.0760.

It's unlikely that the current market hysteria will be able to exceed the top of the channel (and if they do, not for long…it was broken for a total of 8 days in January before retracing downward.) So the bias is bearish per the long-term trend.

With good PCE, personal spending, and PMI numbers, EURUSD should retrace some of yesterday's gains. Poor numbers would likely drive the price back to the 1.1050 area, maybe sending the pair above the long-term trend.

The only fundamental supporting the move upward is the pricing-in of the likeliness of a Fed rate cut in March or April. The rest of the moves this week have been purely market-based fear, as evidenced also by the stock markets.

time to buy euro here,, in sine 1.9080

placed buy order at 0985

wish thinking, but that's what stop losses are for

Looks like this may be a turnaround Friday.

Never heard of a turnaround Friday without NFP? Me neither. The fear trade does not turnaround on Friday with the uncertainty over the weekend. So I will either get long and close before EOD or just sit out.



My last trades short I closed out for sizable loss so a small loss for the week so far. Not looking to make this week a big loser.

Short looking good but it may not go all the way down now. So I will watch it carefully.

My trade log here: https://www.forexfactory.com/showthr...7#post12781467

Hi Guys,

Test the waters sell trade with a 25 pip s/loss. I have no confirmation yet and no idea where this will go. Will have to see how this plays out.

Have a great weekend
Cheers.

perfect confirmation and target to the point , may bounce & so waiting if 1.1000 retest again( target set 0920)before down continue for further limit towards 1.0909 or for new highs !

hard to say whats going to happen....im still long was almost stopped out. My indicators haven't shown a change in direction but shows momentum slowing.

h4 and h1 looks like a cup and handle pattern but I would expect a sell off on this Friday don't know which way to go...ill let me limit and stop do the work and adjust accordingly