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  • #1,164,301
  • Edited 4:00am Mar 15, 2020 3:23am | Edited 4:00am
just open to see again usdx , having max deviation in lower tf it likely retest 98.40 & if so may print a daily hammer candle to continue down.Lets see

eu also not on any bad support now , next impulse can be biggest . so little down also ok
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,164,302
  • Mar 15, 2020 10:43am Mar 15, 2020 10:43am
day 200 ma 1100

bears have fun you will .............

-EUR bleeds as EU Commission gives virus response.
-But price action comes amid ongoing strength in USD.
-And EUR is a 1.15 story on Fed QE program says ING.
-As others say QE4 was already announced Thursday.
-MUFG says Fed change to bill purchase plan is “QE4”.
-Says QE4 will restrain and eventually weaken the USD.
  • #1,164,303
  • Mar 15, 2020 12:52pm Mar 15, 2020 12:52pm
To start the new week

Remember to listen to Bloomberg radio while trading it helps

Inserted Video
  • #1,164,304
  • Mar 15, 2020 3:11pm Mar 15, 2020 3:11pm
my plan is to go long, as long as bottom trend line is not broken i will watch patiently. there is also rsi divergence

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  • #1,164,305
  • Mar 15, 2020 4:11pm Mar 15, 2020 4:11pm
FED cut rates again 100 basis point this time and 700 billion liquidity. Historic days
  • #1,164,306
  • Mar 15, 2020 4:13pm Mar 15, 2020 4:13pm
Hi
sell 1158
  • #1,164,307
  • Mar 15, 2020 4:15pm Mar 15, 2020 4:15pm
We might go to 1.15 again.
  • #1,164,308
  • Mar 15, 2020 5:12pm Mar 15, 2020 5:12pm
Pop back up this morning (missed it damn)
anyway now we are in no-man’s land awaiting movement
  • #1,164,309
  • Mar 15, 2020 5:17pm Mar 15, 2020 5:17pm
i will wait for lo , this is the plane for now .
priority to short , because iprice is still below the 50
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sma band
yes yes yes
  • #1,164,310
  • Mar 15, 2020 5:18pm Mar 15, 2020 5:18pm
Quoting 4experience
Hi sell 1158
closed
  • #1,164,311
  • Mar 15, 2020 5:34pm Mar 15, 2020 5:34pm
im assuming cup and handle

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  • #1,164,312
  • Mar 15, 2020 5:57pm Mar 15, 2020 5:57pm
Have a friend living in Southern Spain. Its on lock down. No one to leave their houses for 2 weeks. Only for food or medicine.

Saw another poster from Italy who said that only 2 people at a time allowed in grocery stores. Same situation. Fear would now be pretty rampant in Europe.
  • #1,164,313
  • Mar 15, 2020 6:28pm Mar 15, 2020 6:28pm
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting enarco
Have a friend living in Southern Spain. Its on lock down. No one to leave their houses for 2 weeks. Only for food or medicine. Saw another poster from Italy who said that only 2 people at a time allowed in grocery stores. Same situation. Fear would now be pretty rampant in Europe.
This is what I fear - rampant fear instead of calm thoughtful processes.
School of hard knocks
dmj120 Return This Year: na
  • #1,164,314
  • Mar 15, 2020 6:40pm Mar 15, 2020 6:40pm
News came out. Just a news reaction. Traders are jumping in to buy. Advice is don't. Possibly stay away. I am waiting for a good moment to sell.
  • #1,164,315
  • Mar 15, 2020 7:05pm Mar 15, 2020 7:05pm
Quoting Jrotc1sg
im assuming cup and handle {image}
From your experience now, did that so called pattern "cup and handle" actually worked or no?
  • #1,164,316
  • Mar 15, 2020 7:06pm Mar 15, 2020 7:06pm
Quoting Techanalyst
{quote} From your experience now, did that so called pattern "cup and handle" actually worked or no?
i made money reguardless
  • #1,164,317
  • Mar 15, 2020 7:12pm Mar 15, 2020 7:12pm
Quoting Jrotc1sg
{quote} i made money reguardless
Possibly, you closed it manually when you see that the market is turning. Forget about cup and handle all that nonsense in forex trading. Doesn't work and it will fail you and you will be disappointed. Stick to supply/demand and price action strategies. Draw some trend lines across see how price reacts. It will help you a lot. As for those patterns, they never work. Trade safe.
  • #1,164,318
  • Mar 15, 2020 8:25pm Mar 15, 2020 8:25pm
Cup and handle, lol.
It’s more of a signal to not trade than it is one to open a position.
it means have a coffee break ️
  • #1,164,319
  • Mar 15, 2020 8:42pm Mar 15, 2020 8:42pm
Sold @ 1.1154 on 30M chart, up 50+ about to TP now and call it a day. Am happy with 50 pips for a Sunday, no reason to be greedy.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,320
  • Mar 15, 2020 9:06pm Mar 15, 2020 9:06pm
Quoting PatienceFx
To start the new week Remember to listen to Bloomberg radio while trading it helps https://youtu.be/ePTbotohmXw
See the power of that video

EU jumped 86 pips and dropped 86 in seconds
529 traders viewing now, 1 is registered:
Gecco8