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  • #105,041
  • Mar 25, 2020 9:12am Mar 25, 2020 9:12am
Quoting schaos21
{quote} What was the news?
ECB OMT
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  • #105,042
  • Mar 25, 2020 9:14am Mar 25, 2020 9:14am
Quoting schaos21
{quote} What was the news?
THIS!
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  • #105,043
  • Mar 25, 2020 9:28am Mar 25, 2020 9:28am
I wonder vote on US stimulus bill will move euro if at all?
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  • #105,044
  • Mar 25, 2020 9:35am Mar 25, 2020 9:35am
Quoting Wavegarrick
{quote} Anyway guys. I am placing the odds on a push above my weekly pivot at 1.08539. All stops in place and I take it from here. Have a great day. Cheers {image}
Hi Guys,

Hate to be a party pooper, but here goes. I am still in a cyclic uptrend, whether you want to call this a retracement, a correction or a full swing reversal. The fact is that nobody knows until it happens. My 3 week descending trendline broken, but this means nada until we have a full daily close above. More so I want to see a higher high today for better conviction. My ascending trend line needs to be broken on a daily close for me to get a bearish sense.

All in all iffy and nothing certain. It is bulls or bears.

Trade safe,
Cheers
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_447.png Size: 103 KB
Trade to trade another day
  • #105,045
  • Mar 25, 2020 9:37am Mar 25, 2020 9:37am
Quoting notyetthere
I am back to long at 1.0800
closed that for 35 pips. Not the best of days but all in all reasonable ... and I learned a new trick ...
MTF PA with indicators = a winning team
  • #105,046
  • Mar 25, 2020 9:45am Mar 25, 2020 9:45am
A H4 candle close above 1.0843 could mean real trouble for bears.. I would stay on sidelines until tomorrow London opening in such case..

Stay Green
Focus only on what truly matters!
  • #105,047
  • Mar 25, 2020 9:55am Mar 25, 2020 9:55am
limit hit...will jump back later.....what a day
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  • #105,048
  • Mar 25, 2020 10:01am Mar 25, 2020 10:01am
From here it is better to start buying dips towards 1.0825 (Bitchy EURUSD does this a lot these months and we must quickly adapt)

Stay Green
Focus only on what truly matters!
  • #105,049
  • Mar 25, 2020 10:11am Mar 25, 2020 10:11am
Quoting Ata-Turkoglu
H1 Status Update Instead of mentioning H4 GREEN line I just figured a practical way to add it to the H1 chart.. From this moment on I guess 1.0815 area will resist so I prefer to keep my sell order and eventually plan to add more sell orders later.. (Assuming if I don't get stopped out at break-even: 1.0845) Stay Green {image}
Hi Ata, may I know which indicator you’re using with small channels and arrow in the chart. Well, if you don’t mind to share.
  • #105,050
  • Mar 25, 2020 10:17am Mar 25, 2020 10:17am
Went long @1.06692, targeting 1.11761, right around when the market and COVID-19 meet. This stimulus package plus the resources here is going to make the correction possible I think. I am in it long term again, like always.

Trade safe and be safe.
"Your Habits Will Determine Your Future"
  • #105,051
  • Mar 25, 2020 10:26am Mar 25, 2020 10:26am
Though I trade less of this wobbly pair these days, it is a clear buy now. How far up it goes I don't know and don't really care. It is better to buy dips now. The idiotic N.Y. guys are now on the same page with Asia and London. And once these three sessions start buying then price will start flying up.
  • #105,052
  • Mar 25, 2020 10:27am Mar 25, 2020 10:27am
Quoting BWilliam
EU update - Market is bias bull since the start of this week with no credible resistance between 1.0768 and 1.0950, that's 182pips uncharted space. The volatility has dropped this week.
This intraday prediction is given 12hrs ago before Frankfurt open 1.0797 now price at day high 1.0867 for 70pips gain.

Market finding resistance level or 1.0950
Know what you trade
  • #105,053
  • Mar 25, 2020 10:30am Mar 25, 2020 10:30am
As long as the daily closes above 1.0834, if not 1.0864, then i'd take this as a clear indication it's heading north to 1.0936.
  • #105,054
  • Mar 25, 2020 10:33am Mar 25, 2020 10:33am
Quoting mistaouting
limit hit...will jump back later.....what a day
Think I will stick around...it may still have some life
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  • #105,055
  • Mar 25, 2020 10:33am Mar 25, 2020 10:33am
Quoting NB636
{quote} Hi Ata, may I know which indicator you’re using with small channels and arrow in the chart. Well, if you don’t mind to share.
He didn't use indicator.They are drawn by hand.
  • #105,056
  • Mar 25, 2020 10:34am Mar 25, 2020 10:34am
i dont think that in those days market you can calculate a price that you can say that is a sign of changing trend.
too choppy, a lot of new around the world cause the corona virus.

stay safe, stat at home
  • #105,057
  • Mar 25, 2020 10:41am Mar 25, 2020 10:41am
Quoting newbegger
{quote} Took a short at 1.0818. I am thinking we should be settling down now so I anticipate range trade for rest of week. {image}
added at 1.0858.

I anticipate during Asia this will go up so I will be going long in next 3-4 hours.
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Ecclesiastes 1:9
  • #105,058
  • Mar 25, 2020 10:46am Mar 25, 2020 10:46am
Quoting Atilla-Son
{quote} He didn't use indicator.They are drawn by hand.
Really? So good . Don’t know how can draw and based on what to draw it
  • #105,059
  • Mar 25, 2020 11:01am Mar 25, 2020 11:01am
short 1.0859
MTF PA with indicators = a winning team
  • #105,060
  • Mar 25, 2020 11:02am Mar 25, 2020 11:02am
Quoting Mitiblotch
Though I trade less of this wobbly pair these days, it is a clear buy now. How far up it goes I don't know and don't really care. It is better to buy dips now. The idiotic N.Y. guys are now on the same page with Asia and London. And once these three sessions start buying then price will start flying up.
as beginner, i am still expecting price rally to 61.8% fib @1.116ish
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