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  • #104,561
  • Mar 20, 2020 2:49pm Mar 20, 2020 2:49pm
I decided to close all trades and to continue next week..
Hopefully I was able to do some minor damage to my broker.. I doubt he feels good about this

Enjoy your weekend guys
Stay Safe and Sanitized
  • #104,562
  • Mar 20, 2020 3:02pm Mar 20, 2020 3:02pm
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i closed ready guys... happy weekend
Like me, cuts losses quickly. But has more patience and lets his winn
  • #104,563
  • Mar 20, 2020 3:03pm Mar 20, 2020 3:03pm
Quoting JayBag
I decided to close all trades and to continue next week.. Hopefully I was able to do some minor damage to my broker.. I doubt he feels good about this Enjoy your weekend guys Stay Safe and Sanitized

happy weekend
Like me, cuts losses quickly. But has more patience and lets his winn
  • #104,564
  • Mar 20, 2020 3:24pm Mar 20, 2020 3:24pm
Quoting JayBag
I decided to close all trades and to continue next week.. Hopefully I was able to do some minor damage to my broker.. I doubt he feels good about this Enjoy your weekend guys Stay Safe and Sanitized
Great! Make sure to buy that car and get a Caribean passport. I'm sending my IBAN over to you for credit. Lol...
  • #104,565
  • Mar 20, 2020 3:37pm Mar 20, 2020 3:37pm
Quoting Mitiblotch
{quote} Great! Make sure to buy that car and get a Caribean passport. I'm sending my IBAN over to you for credit. Lol...
Actually got more than I thought.. so I think I rather invest it in some Property.. My kids won’t find value in cars in a few years ..

sure thing bro, My PM is sleepry
Stay Well
  • #104,566
  • Mar 20, 2020 5:58pm Mar 20, 2020 5:58pm
Wow... my broker says it closed at 1.06964 and xe.com is now showing it at 1.0763. Big gap up Monday?
  • #104,567
  • Mar 20, 2020 6:17pm Mar 20, 2020 6:17pm
Hey guys, I hope we all had a very successful week, anyways, I was trying to make sense of this recent moves and got to this... We could be in an expanding triangle. Possible bouncing spot could be at the bottom of the triangle. Well if I am right, the up move could be heading to 1.17000. Anyways let see how it plays out. Let me know your thoughts on this. Have a great weekend y'all.
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Risk comes from not knowing what to do
  • #104,568
  • Mar 20, 2020 6:24pm Mar 20, 2020 6:24pm
Quoting Austyno
Hey guys, I hope we all had a very successful week, anyways, I was trying to make sense of this recent moves and got to this... We could be in an expanding triangle. Possible bouncing spot could be at the bottom of the triangle. Well if I am right, the up move could be heading to 1.17000. Anyways let see how it plays out. Let me know your thoughts on this. Have a great weekend y'all. {image}
one more downside 1.05177 >>> finish 1.03245. lets see monday...
Like me, cuts losses quickly. But has more patience and lets his winn
  • #104,569
  • Mar 20, 2020 6:28pm Mar 20, 2020 6:28pm
1.05177 >>> finish 1.03245
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #104,570
  • Mar 21, 2020 1:24am Mar 21, 2020 1:24am
The most bearish candle weekly close. since the start of the downtrend last Feb 2018

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TMT Scalping System (Best system on FF)
  • #104,571
  • Mar 21, 2020 3:23am Mar 21, 2020 3:23am
Quoting Austyno
Hey guys, I hope we all had a very successful week, anyways, I was trying to make sense of this recent moves and got to this... We could be in an expanding triangle. Possible bouncing spot could be at the bottom of the triangle. Well if I am right, the up move could be heading to 1.17000. Anyways let see how it plays out. Let me know your thoughts on this. Have a great weekend y'all. {image}
Possible Austin, especially when US will be hit hard by the virus. If that happens, this pair might get a hard push up.
  • #104,572
  • Mar 21, 2020 3:46am Mar 21, 2020 3:46am
Quoting Maroc-Ismail
{quote} Possible Austin, especially when US will be hit hard by the virus. If that happens, this pair might get a hard push up.
Not going to happen.. Trump is smarter than we think.. the opposite will continue to happen..

even if the virus hit US hard, they are likely to manage it way better than EU countries..

Just like how many thought Africa would be worse hit? look at the stats today.. you see? Things will not happen they way we assume they will..

bottom line, I don’t even care about fundis for a sec when I click the buy/sell buttons ...

thought I share what I think
stay well
  • #104,573
  • Edited 4:24am Mar 21, 2020 4:02am | Edited 4:24am
H1 Status Update

  1. 1.0655 supported well so far! We will keep watching this level next week..
  2. Once market opens (without a gap) I expect temporary bull pressure and intraday support from 1.0681!
  3. Overall bulls have to break above 1.0726 (also no candle close above it so far).
  4. In other words: Overall bulls have to break above GREEN line (wma:52, shift:3)!
  5. Next week's plan: "Scalp" buy "carefully" dips to 1.0681 OR wait patiently for sell opportunities once/if price arrives at GREEN line, roughly 1.0725/35 area..

I hope it helps.. Enjoy your weekends folks..

Stay Green

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Focus only on what truly matters!
  • #104,574
  • Mar 21, 2020 4:36am Mar 21, 2020 4:36am
Quoting schaos21
Wow... my broker says it closed at 1.06964 and xe.com is now showing it at 1.0763. Big gap up Monday?
XE weekend quotes are mostly useless. Recently, we had a case where it raised 200 pips during the weekend just to open right back where it closed on friday. You can ignore the quotes until 1-2 hours before market open.
  • #104,575
  • Mar 21, 2020 5:07am Mar 21, 2020 5:07am
This is what I see for monday for now without seeing how the market opens. It might change when the market opens on sunday.
My broker closed at 1.0690
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  • #104,576
  • Mar 21, 2020 5:22am Mar 21, 2020 5:22am
Quoting andvk74
This is what I see for monday for now without seeing how the market opens. It might change when the market opens on sunday. My broker closed at 1.0690 {image} {image} {image}
I am not sure how one could create a chart without awaiting the data to be released such as the opening price. This currency may very well gap down or up 150 points which would destroy your chart now wouldn't it?
Threesome Daddy
  • #104,577
  • Mar 21, 2020 5:24am Mar 21, 2020 5:24am
Quoting SingaRich
{quote} I am not sure how one could create a chart without awaiting the data to be released such as the opening price. This currency may very well gap down or up 150 points which would destroy your chart now wouldn't it?
Like I said, this is my prediction for now. If we open with a gap, I will redo the charts.
  • #104,578
  • Mar 21, 2020 5:28am Mar 21, 2020 5:28am
Quoting JayBag
{quote} Not going to happen.. Trump is smarter than we think.. the opposite will continue to happen.. even if the virus hit US hard, they are likely to manage it way better than EU countries.. Just like how many thought Africa would be worse hit? look at the stats today.. you see? Things will not happen they way we assume they will.. bottom line, I don’t even care about fundis for a sec when I click the buy/sell buttons ... thought I share what I think stay well
Tell him about the crash of equities...
COT: The precious data ignored
  • #104,579
  • Edited 6:30am Mar 21, 2020 6:19am | Edited 6:30am
Quoting JayBag
{quote} Not going to happen.. Trump is smarter than we think.. the opposite will continue to happen.. even if the virus hit US hard, they are likely to manage it way better than EU countries.. Just like how many thought Africa would be worse hit? look at the stats today.. you see? Things will not happen they way we assume they will.. bottom line, I don’t even care about fundis for a sec when I click the buy/sell buttons ... thought I share what I think stay well
Yeah, the fundamentals for USD are so complex that I also don't pay much attention to them. It's easier to trade what we see on the chart than to speculate in fundamentals.

And USD is usually stronger than other currencies during a crisis or recession. Inflation and macro economics work differently in the US given that the dollar is the measure for a lot of equities worldwide. So massive sell off on Wall Street and devaluation of commodities do lead to massive buying of the dollar, and more importantly, this happens to a higher degree than for the EUR. So it should be expected that the dollar is relatively stronger than the Euro regardless og the markets sentiment regarding Trump or Merkel.
  • #104,580
  • Mar 21, 2020 7:01am Mar 21, 2020 7:01am
EUR/USD showing a huge gap this far. It looks like a repeat if last week. Gap upward and then a drop downward.
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Threesome Daddy
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