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EURUSD

  • #1,163,401
  • Mar 2, 2020 10:44am Mar 2, 2020 10:44am
Quoting OnlineAddict
{quote} You never know at what level a trend will change, .
ask me if you want to know …. I am kidding
  • #1,163,402
  • Mar 2, 2020 10:47am Mar 2, 2020 10:47am
Attached Image
  • #1,163,403
  • Mar 2, 2020 10:51am Mar 2, 2020 10:51am
maybe it can help.

Short with small size position on Weekly chart
Attached Image (click to enlarge)
Click to Enlarge Name: 020320.png Size: 43 KB
  • #1,163,404
  • Mar 2, 2020 11:19am Mar 2, 2020 11:19am
Quoting OnlineAddict
{quote} There will surely be gaps on the way first, even if it happened. Maybe a drop below 95 or 90 would be lethal, without corrections. Its not possible to hold anyway, due to the negative swaps, so need to take it one step at a time.
what about December 2008 ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #1,163,405
  • Mar 2, 2020 11:20am Mar 2, 2020 11:20am
Quoting DMA Trader
{quote} what about December 2008 ?
What about it?
Everyone can see the chart, but only a few can actually read it.
  • #1,163,406
  • Mar 2, 2020 11:28am Mar 2, 2020 11:28am
Quoting OnlineAddict
{quote} What about it?
1500 pips up - 1500 down next month
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #1,163,407
  • Mar 2, 2020 11:35am Mar 2, 2020 11:35am
Quoting DMA Trader
{quote} 1500 pips up - 1500 down next month
The 2008 crisis was something completely different than this(worth to watch the movie The big short). Media only compare it, because most journalists are complete morons who have no idea about anything, yet write as experts about everything. Whatever this flu is, it will be forgotten in a few weeks, months tops. When it comes to China and their production, that will resume this month and everything will be back to normal. Its blown out of proportion.
Everyone can see the chart, but only a few can actually read it.
  • #1,163,408
  • Mar 2, 2020 11:37am Mar 2, 2020 11:37am
Quoting OnlineAddict
{quote} The 2008 crisis was something completely different than this(worth to watch the movie "The big short"). Media only compare it, but most journalists are complete morons who have no idea about anything, yet write as experts about everything. Whatever this flu is, it will be forgotten in a few weeks, months tops. When it comes to China and their production, that will resume back to normal this month and everything will be back to normal. Its blown out of proportion.
can't be sure of none of those 2 scenarios. all i am saying is anything is possible will take piece by piece.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #1,163,409
  • Mar 2, 2020 12:15pm Mar 2, 2020 12:15pm
First Trump starts a trade war with China then suddenly coronavirus comes out of Nowhere now after so many e weeks us Biotech company claimed you have made first vaccine for coronavirus And is ready for user trials?

What is happening?
  • #1,163,410
  • Mar 2, 2020 12:49pm Mar 2, 2020 12:49pm
Think where to buy Eur not sell.On weekly eur only start its journey up, it goes from down to up on weekly.but on daily should start wave down wait
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Click to Enlarge Name: Screenshot1.png Size: 183 KB
  • #1,163,411
  • Mar 2, 2020 12:53pm Mar 2, 2020 12:53pm
Quoting OnlineAddict
{quote} ...most journalists are complete morons who have no idea about anything, yet write as experts about everything...
They are nothing but lifeless sock-puppets, not necessarily paid to report the news but more so to pedal opinions, worldviews, and philosophies; to create race wars, divide countries, crash markets, wreck economies, and destroy the reputations of those who speak out against their false narratives (FAKE News).

Rant finished.

Let's get back to trading.
Learn from your mistakes and march on.
  • #1,163,412
  • Mar 2, 2020 1:01pm Mar 2, 2020 1:01pm
still uptrend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.png Size: 35 KB
Click to Enlarge Name: eu1.png Size: 30 KB
Click to Enlarge Name: dx.png Size: 27 KB
yes yes yes
  • #1,163,413
  • Mar 2, 2020 1:04pm Mar 2, 2020 1:04pm
It now appears there is no stopping this. The Euro is crushing USD. It may even be a major reversal in progress. This push up will likely continue for as long as the mainstream media continues to push fear and uncertainty about the coronavirus.

I see the likelihood of this going to the previous weekly high at 1.2385 as almost guaranteed. I will not open another short until it gets there.
Learn from your mistakes and march on.
  • #1,163,414
  • Mar 2, 2020 1:11pm Mar 2, 2020 1:11pm
Quoting here2there
{quote} They are nothing but lifeless sock-puppets, not necessarily paid to report the news but more so to pedal opinions, worldviews, and philosophies; to create race wars, divide countries, crash markets, wreck economies, and destroy the reputations of those who speak out against their false narratives (FAKE News). Rant finished. Let's get back to trading.
Couldn't have said it better.
Everyone can see the chart, but only a few can actually read it.
  • #1,163,415
  • Mar 2, 2020 1:44pm Mar 2, 2020 1:44pm
The past gives us clues!

Please go to your EUR/USD Weekly chart and take note of the similarities as shown on the following image. Count the pips and the moves associated with them!
Attached Image (click to enlarge)
Click to Enlarge Name: similar.png Size: 65 KB
Learn from your mistakes and march on.
  • #1,163,416
  • Mar 2, 2020 1:58pm Mar 2, 2020 1:58pm
Its only my guess but eur can touch weekly channel longterm-1.1552,eur has 3-4 weeks of wave green ,so it can
  • #1,163,417
  • Mar 2, 2020 3:01pm Mar 2, 2020 3:01pm
Interesting how they use news to direct the Algo to take out a long term target...while setting up a fresh target.
I wonder where the next targets are.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD Weekly.png Size: 29 KB
Click to Enlarge Name: EURUSD Daily.png Size: 37 KB
  • #1,163,418
  • Mar 2, 2020 3:01pm Mar 2, 2020 3:01pm
I think we may finally be seeing the beginning of a decent retracement.
Learn from your mistakes and march on.
  • #1,163,419
  • Mar 2, 2020 3:10pm Mar 2, 2020 3:10pm
Resume normal service. Out of nowhere. Why
I play the trade gamble to feed my Porsche addiction.
  • #1,163,420
  • Mar 2, 2020 3:12pm Mar 2, 2020 3:12pm
Quoting M3csl
Resume normal service. Out of nowhere. Why

central banks meeting tomm
LOCK IN RE-ENTER
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