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EURUSD

  • #1,164,381
  • Mar 16, 2020 7:07pm Mar 16, 2020 7:07pm
Just about every country has implemented its plans to combat the market downturn, the price seems to be indicating an accumulation phase before the next move.
  • #1,164,382
  • Mar 16, 2020 8:00pm Mar 16, 2020 8:00pm
Quoting investing101
Just about every country has implemented its plans to combat the market downturn, the price seems to be indicating an accumulation phase before the next move.
With regards to the stock markets.....yes for the next leg down.
  • #1,164,383
  • Mar 16, 2020 10:08pm Mar 16, 2020 10:08pm
I am so upset with myself, made 2 stupid newbie mistakes and had a loss on the 1H and then on the 4H chart. Okay, I am over it now, will get back on my method and enter early in the morning during the London.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,384
  • Mar 16, 2020 10:37pm Mar 16, 2020 10:37pm
Quoting Techanalyst
EURUSD bearish. Next target around 1.0837 area. {image} {image}
I'm starting to work with MACD and AO and I agree with your target.
  • #1,164,385
  • Mar 17, 2020 12:25am Mar 17, 2020 12:25am
i will pay $1 trillion demo to anyone who can trade this

i am using multi time frame sma's lol
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  • #1,164,386
  • Mar 17, 2020 12:40am Mar 17, 2020 12:40am
maybe
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,164,387
  • Mar 17, 2020 12:43am Mar 17, 2020 12:43am
lets try this without oscillators and using only 14 sma as guide [bullish/bearish]
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  • #1,164,388
  • Mar 17, 2020 12:48am Mar 17, 2020 12:48am
i have a very bad habit of trying to code stupid ideas lol

lets try this long [ demo experiment 3 ]
Attached Image
  • #1,164,389
  • Mar 17, 2020 12:54am Mar 17, 2020 12:54am
lets try this on gold h4 and weekly to see where usd is going
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: XAUUSDWeekly.png Size: 35 KB
  • #1,164,390
  • Mar 17, 2020 1:05am Mar 17, 2020 1:05am
Attached Image
  • #1,164,391
  • Mar 17, 2020 1:19am Mar 17, 2020 1:19am
Lets say I buy EU today. What are the odds for it to move beyond 1.1235?
I don't see too many, but I have to try, so I will wait for a good candle on 1 hour timeframe, and I will put a small stop loss below and target 1.1400, or above.

Wish me good luck!
Looking for profitable short term trades ...|
  • #1,164,392
  • Mar 17, 2020 1:21am Mar 17, 2020 1:21am
Hi all

Chart M15 without candle is clearer on what is going on.
Trend remains up -

EDIT : good place for buying
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  • #1,164,393
  • Mar 17, 2020 1:24am Mar 17, 2020 1:24am
Quoting Js3mwtRc
Lets say I buy EU today. What are the odds for it to move beyond 1.1235? I don't see too many, but I have to try, so I will wait for a good candle on 1 hour timeframe, and I will put a small stop loss below and target 1.1400, or above. Wish me good luck!
You don;t need luck tho.. But I am curious why everyone wanna buy EU

Will you still consider buy if we manage to break 1.10557?

Stay Well
  • #1,164,394
  • Mar 17, 2020 1:29am Mar 17, 2020 1:29am
Same chart with candle
Attached Image (click to enlarge)
Click to Enlarge Name: 170320.png Size: 39 KB
  • #1,164,395
  • Mar 17, 2020 1:31am Mar 17, 2020 1:31am
Quoting PatienceFx
lets try this without oscillators and using only 14 sma as guide [bullish/bearish] {image}
shifting from 14 sma to 50 sma

eur news today may dip eu a bit
  • #1,164,396
  • Mar 17, 2020 1:52am Mar 17, 2020 1:52am
Not so convinced a pull back will keep on rolling, but if the Weekly Pivot gets busted to the upside with the MACD above -0- I think that could be a good trade. Gives a good area for a SL if it goes against as well.

Sitting in no man's land waiting.

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  • #1,164,397
  • Mar 17, 2020 1:53am Mar 17, 2020 1:53am
battle on support 1158

EDIT: support hold - good place for a o long with tight SL
  • #1,164,398
  • Mar 17, 2020 1:57am Mar 17, 2020 1:57am
Quoting JayBag
{quote} You don;t need luck tho.. But I am curious why everyone wanna buy EU Will you still consider buy if we manage to break 1.10557? Stay Well
The only reason except my tech analysis is that fundamentals could hold against USD yet after the 1.00% rate cut, but I know its a bit risky to do it, so I thought of one of the easiest way to do it - candlesticks.
I may not buy it too, please don't take my words as an analysis for signals, I don't do this.
Sorry if, I ofended you.
Looking for profitable short term trades ...|
  • #1,164,399
  • Mar 17, 2020 2:04am Mar 17, 2020 2:04am
Quoting 4experience
battle on support 1158 EDIT: support hold - good place for a o long with tight SL
support is Breaking - South ! target 1095 §
  • #1,164,400
  • Mar 17, 2020 2:06am Mar 17, 2020 2:06am
Quoting Js3mwtRc
{quote} The only reason except my tech analysis is that fundamentals could hold against USD yet after the 1.00% rate cut, but I know its a bit risky to do it, so I thought of one of the easiest way to do it - candlesticks. I may not buy it too, please don't take my words as an analysis for signals, I don't do this. Sorry if, I ofended you.
Oh no you did not offend me at all Js...
I was just curious why buy this market with bear cloths on lol.

I also rely on tech and don't give a flying F about fundies. A reasonably good system does all the work and know what the fundies are upto.
A good system even go as far as saving you from correlations.. "A reasonably Good System"

But let's see how things plays out.
I have been short since yesterday at weekly pivot fail.

Stay Well
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