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EURUSD

  • #1,163,741
  • Mar 6, 2020 6:02am Mar 6, 2020 6:02am
Quoting here2there
It's possible we will see a strong bounce between 1.14116 and 1.13453.
or around within this area 1.17066-1.14470
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 91 KB
Know The Presence Of The Market
  • #1,163,742
  • Mar 6, 2020 6:05am Mar 6, 2020 6:05am
I must confess. The thought of tearing up my Volume Price Analysis book came to mind a moment ago. LOL

But I have to remind myself that this movement we are seeing with EURUSD is not normal! So I will spare the pages of my book for now.
Learn from your mistakes and march on.
  • #1,163,743
  • Mar 6, 2020 6:10am Mar 6, 2020 6:10am
Quoting jesxrussel
{quote} or around within this area 1.17066-1.14470 {image} {image}
Check this out.

Attached Image (click to enlarge)
Click to Enlarge Name: area a.png Size: 23 KB
Learn from your mistakes and march on.
  • #1,163,744
  • Mar 6, 2020 6:10am Mar 6, 2020 6:10am
I will go long for every correction now, the wind is now via via vice versa comapre to begin of mid Febuary. The golbel player transfer into Euro and yen now and left Dollar. Its a weakness of Dollar.
  • #1,163,745
  • Mar 6, 2020 6:13am Mar 6, 2020 6:13am
Quoting Firmin2509
I will go long for every correction now, the wind is now via via vice versa comapre to begin of mid Febuary. The golbel player transfer into Euro and yen now and left Dollar. Its a weakness of Dollar.
If I wasn't in a trade already I wouldn't be touching any market at this time. Maybe buy a few beaten-down stocks.
  • #1,163,746
  • Mar 6, 2020 6:17am Mar 6, 2020 6:17am
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.png Size: 26 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DX1.png Size: 28 KB
yes yes yes
  • #1,163,747
  • Mar 6, 2020 6:23am Mar 6, 2020 6:23am
Quoting here2there
I must confess. The thought of tearing up my Volume Price Analysis book came to mind a moment ago. LOL But I have to remind myself that this movement we are seeing with EURUSD is not normal! So I will spare the pages of my book for now.
For now man...for now.........
  • #1,163,748
  • Mar 6, 2020 6:28am Mar 6, 2020 6:28am
The upward move of EURUSD appears to be slowing down. Could it be possible we will see a 50% retracement of the current weekly candle before price continues to move to higher ground?

If so (assuming the current weekly candle's range doesn't change when the news comes out today), that would bring us to around 1.11889, which appears to be a logical place for price to bounce from.

Attached Image (click to enlarge)
Click to Enlarge Name: area b.png Size: 26 KB


On the flip side, it is also possible this was a bearish correction, and EURUSD may go back down into the basement. I think the outcome all depends on the report that comes out this morning.
Learn from your mistakes and march on.
  • #1,163,749
  • Mar 6, 2020 6:33am Mar 6, 2020 6:33am
In the morning H1 is going down,but something happened(maybe some news) and it changed direction.Now divergence h1.But i think no short,better look confirmation short.Really no confirmation H1 down before that news,but it looked going down.M30 border now -1.12340.But we have divergence H1
  • #1,163,750
  • Edited 6:57am Mar 6, 2020 6:46am | Edited 6:57am
Quoting OhComeOn
{quote} Looks like this is likely my strategy for tomorrow unless it miraculously changes during the night. Data is being priced in. Anything is possible, hopefully will get to enter shorts at 1.13xx area and have a massive ride down to 1.10xx. Typically don't like to trade Fridays, but tomorrow is shaping up to be interesting. If I am correct tomorrow, everyone will be screaming the market is rigged because the USD strengthened on bad data, OR it will be good data and people will still say manipulation because of the build up today. That is of course...
Shorting from these levels. I keep seeing the same stuff every week regarding data. Folks its not about if the data is good or bad, it is already priced in. Upon release it should go down. Think of it like a spring, all week we have been pushing down on the spring, when data comes out we are letting go.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,163,751
  • Mar 6, 2020 6:48am Mar 6, 2020 6:48am
NFP data leaked on another site

i will not short EU
  • #1,163,752
  • Mar 6, 2020 6:50am Mar 6, 2020 6:50am
Quoting PatienceFx
NFP data leaked on another site i will not short EU
Source?
  • #1,163,753
  • Mar 6, 2020 6:52am Mar 6, 2020 6:52am
lol
I play the trade gamble to feed my Porsche addiction.
  • #1,163,754
  • Mar 6, 2020 7:04am Mar 6, 2020 7:04am
Quoting PatienceFx
NFP data leaked on another site i will not short EU
NFP data is already priced in, the NFP data is data that was collected before the virus hit! Think about that for a minute.
  • #1,163,755
  • Mar 6, 2020 7:17am Mar 6, 2020 7:17am
Building position for Short, we have 15 minutes left.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,163,756
  • Mar 6, 2020 7:20am Mar 6, 2020 7:20am
Quoting PatienceFx
NFP data leaked on another site i will not short EU
90K is really bad
  • #1,163,757
  • Mar 6, 2020 7:28am Mar 6, 2020 7:28am
Bet there is a lot of people staring at their screen right now, hahahaha!
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,163,758
  • Mar 6, 2020 7:31am Mar 6, 2020 7:31am
273K
  • #1,163,759
  • Mar 6, 2020 7:31am Mar 6, 2020 7:31am
Quoting PatienceFx
{quote} 90K is really bad
congratulations on your leak ahahahah
  • #1,163,760
  • Mar 6, 2020 7:33am Mar 6, 2020 7:33am
Quoting OhComeOn
Bet there is a lot of people staring at their screen right now, hahahaha!
that was the idea lol
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