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  • #102,941
  • Mar 2, 2020 8:08am Mar 2, 2020 8:08am
Market hit the pending sell 1.1151

SL 30
TP OPEN

Lets see
  • #102,942
  • Mar 2, 2020 8:17am Mar 2, 2020 8:17am
Quoting Wavegarrick
{quote} Hi Guys, Clash of the Titans. My descending trend line at 1.08546, can the big boy's take it back into the channel and more importantly above last weeks high at 1.08637 ish??. Crucial levels now and we have to play it as is. Nothing cast in stone. All the best for the week. Cheers. {image}
Hi Guys,

So far perfect rejection off the long term descending trend Line at 1.11623 ish, since Oct 2018. I will be looking for possible reversal signals in this area. My weekly pivot at 1.09768 has not yet been tested, so a possible correction back there or a swing reversal to the down side?. I have no sell signal yet, but will post as soon as I get confirmation.

Have a great week.
Cheers.
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Trade to trade another day
  • #102,943
  • Mar 2, 2020 8:47am Mar 2, 2020 8:47am
Nothing Changed here. Still treating you like a stock Mr. EUR/USD.

Targeting 1.12350.
"Your Habits Will Determine Your Future"
  • #102,944
  • Mar 2, 2020 8:53am Mar 2, 2020 8:53am
My newest chart on eurusd. 02-06 March

Risk Management is of utmost importance!
  • #102,945
  • Mar 2, 2020 9:11am Mar 2, 2020 9:11am
Quoting MrBullBear
{quote} I got your point and thanks for clarifying. But I think I will call it "sentiment", it serves best. Safe haven is kind of more of that. Stay green.
you asked what I was meaning by currently...this article may explain what I was trying to say better than I did last week

https://www.forex.com/en-us/market-a...se-it-to-stop/
LOCK IN RE-ENTER
  • #102,946
  • Mar 2, 2020 9:37am Mar 2, 2020 9:37am
Quoting goldfish3
the moment of truth. In at 1147. SL above dec high
Looking good. SL at 1155. if hit, next sell at 1170 with 30 pip SL. Anyone agree at all?
  • #102,947
  • Mar 2, 2020 9:45am Mar 2, 2020 9:45am
It safe to try and target 1.08 yet?!
I play the trade gamble to feed my Porsche addiction.
  • #102,948
  • Mar 2, 2020 9:46am Mar 2, 2020 9:46am
Quoting goldfish3
{quote} Looking good. SL at 1155. if hit, next sell at 1170 with 30 pip SL. Anyone agree at all?
I think your a little early myself....I think you could ride the elevator up a few more stops at least to your next sell order of 1170 if you thinks its going there why not ride it there....that's currently 50 pip profit your letting get...but that only if you think its going to 1170 and if you don't then why put a sell order there

its time for a pull back but....a bull is a bull until its not

me personally I would put a buy order around 1070 or 1080
LOCK IN RE-ENTER
  • #102,949
  • Mar 2, 2020 10:17am Mar 2, 2020 10:17am
No stopping this raging bull. I am staying long until the fat lady sings.

There should be a pause around 1.1220 area but just a pause before continuation. Now that 50 basis points cut is what the market expects from FOMC and ECB expected to hold rates steady, buy and hold is best bet until beginning of May.

Edit - Buy and hold does depend on the FOMC cutting at least 25 bp on March 18. If FOMC stays on hold on March 18, sell as much as you can carry as it will be big event and make your yearly targets in a few weeks.
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Ecclesiastes 1:9
  • #102,950
  • Mar 2, 2020 10:51am Mar 2, 2020 10:51am
Very bullish, but im trailing my stop. the 1.120 zone is a strong resistance level


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TMT Scalping System (Best system on FF)
  • #102,951
  • Mar 2, 2020 11:12am Mar 2, 2020 11:12am
Quoting goldfish3
{quote} Looking good. SL at 1155. if hit, next sell at 1170 with 30 pip SL. Anyone agree at all?
Busted like a buster. Times like this i remember Atta's advise being "we have to resist the counter trend trading mentality"
  • #102,952
  • Mar 2, 2020 11:13am Mar 2, 2020 11:13am
This should be the max for bulls. Although it doesn't look like it.. *Sigh*, Corona is messing up with all my technicals. It is annoying and frustrating.
  • #102,953
  • Mar 2, 2020 11:13am Mar 2, 2020 11:13am
Quoting chiche
{quote} Becareful you'll be surprice... remember, eurusd is the most manipulated pair. By the way thanks Ata to unblock me..., I don't understand why people block each other because they have differents opinions.
Never try to chase the top.
  • #102,954
  • Mar 2, 2020 11:19am Mar 2, 2020 11:19am
Bull's certainly mean business, not that i am complaining. Trade safe folks
Trade to trade another day
  • #102,955
  • Mar 2, 2020 11:19am Mar 2, 2020 11:19am
Quoting Pinch969
Nothing Changed here. Still treating you like a stock Mr. EUR/USD. Targeting 1.12350.
You held true! I closed on Friday and was long during the same time as you! You win, the psychology of trading. Smh
  • #102,956
  • Mar 2, 2020 12:12pm Mar 2, 2020 12:12pm
longs closed.....will scalp from here
LOCK IN RE-ENTER
  • #102,957
  • Mar 2, 2020 12:34pm Mar 2, 2020 12:34pm
Quoting mistaouting
{quote} I think your a little early myself....I think you could ride the elevator up a few more stops at least to your next sell order of 1170 if you thinks its going there why not ride it there....that's currently 50 pip profit your letting get...but that only if you think its going to 1170 and if you don't then why put a sell order there its time for a pull back but....a bull is a bull until its not me personally I would put a buy order around 1070 or 1080
Thank you for you advice. Can you explain why and where?
  • #102,958
  • Mar 2, 2020 12:50pm Mar 2, 2020 12:50pm
I really doubt we'll get back to such a low levels considering the FED will be easing
https://e-markets.nordea.com/#!/arti...w-fed-forecast
MTF PA with indicators = a winning team
  • #102,959
  • Mar 2, 2020 1:06pm Mar 2, 2020 1:06pm
short term I would be buyer here at 64, old resistance turning into support ...
MTF PA with indicators = a winning team
  • #102,960
  • Mar 2, 2020 1:11pm Mar 2, 2020 1:11pm
Quoting goldfish3
{quote} Thank you for you advice. Can you explain why and where?
it so much to type to explain...but long story short I prefer to wait until conformation
LOCK IN RE-ENTER
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