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  • #1,165,121
  • Mar 25, 2020 12:12pm Mar 25, 2020 12:12pm
maybe that was all for today

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  • #1,165,122
  • Mar 25, 2020 12:16pm Mar 25, 2020 12:16pm
if the previous high at 1.088 is respected the downtrend should resume I think
  • #1,165,123
  • Mar 25, 2020 12:16pm Mar 25, 2020 12:16pm
Watching CSPAN, goodness gracious politicians love to talk in an empty room. Just vote already, sheesh!!!
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,165,124
  • Mar 25, 2020 12:20pm Mar 25, 2020 12:20pm
A check up for tomorrow, as things could go wild

Have you seen the unemployment claims ?

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1500k expected. Watch out tomorrow.

Trade safe meanwhile
COT: The precious data ignored
  • #1,165,125
  • Mar 25, 2020 12:45pm Mar 25, 2020 12:45pm
Quoting here2there
{quote} What is that indicator you are using at the top corner of the chart?
You mean those %? Not sure, it comes with rectangle reader indicator. The blue and red boxes, where I draw supply/demand zones. If you want it let me know I will tell you where to look for it.
  • #1,165,126
  • Mar 25, 2020 12:54pm Mar 25, 2020 12:54pm
Quoting Techanalyst
{quote} You mean those %? Not sure, it comes with rectangle reader indicator. The blue and red boxes, where I draw supply/demand zones. If you want it let me know I will tell you where to look for it.
Yes, I am interested. Please let me know where to find it. Thanks.
Learn from your mistakes and march on.
  • #1,165,127
  • Mar 25, 2020 1:25pm Mar 25, 2020 1:25pm
Quoting PatienceFx
Ignore this long post Worth pondering! How come Russia & North Korea are totally free of Covid- 19? Because they are staunch ally of China. Not a single case reported from this 2 countries. On the other hand South Korea / United Kingdom / Italy / Spain and Asia are severely hit. How come Wuhan is suddenly free from the deadly virus? China will say that their drastic initial measures they took was very stern and Wuhan was locked down to contain the spread to other areas. Why Beijing was not hit? Why only Wuhan? Kind of interesting to ponder upon.....
You look ignorant and realy ridiculous.
  • #1,165,128
  • Mar 25, 2020 1:37pm Mar 25, 2020 1:37pm
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yes yes yes
  • #1,165,129
  • Mar 25, 2020 1:39pm Mar 25, 2020 1:39pm
I think we are witnessing the beginning of the end of our monetary system. The value of paper (monopoly) money is burning faster than they can print it.
Learn from your mistakes and march on.
  • #1,165,130
  • Mar 25, 2020 1:45pm Mar 25, 2020 1:45pm
Quoting PatienceFx
Ignore this long post Worth pondering! How come Russia & North Korea are totally free of Covid- 19? Because they are staunch ally of China. Not a single case reported from this 2 countries. On the other hand South Korea / United Kingdom / Italy / Spain and Asia are severely hit. How come Wuhan is suddenly free from the deadly virus? China will say that their drastic initial measures they took was very stern and Wuhan was locked down to contain the spread to other areas. Why Beijing was not hit? Why only Wuhan? Kind of interesting to ponder upon.....
What are you talking about? Who recovered? The whole world is in trouble now. How is China going to recover, if they can't export anything now. Nothing is going in and out. Get your facts straight. Russia and North Korea are not reporting the cases that is why no one knows the exact number. Were they affected by the virus? OF course they are, they are just not reporting the numbers.
  • #1,165,131
  • Mar 25, 2020 2:27pm Mar 25, 2020 2:27pm
Volatility is Waning!

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Source
Learn from your mistakes and march on.
  • #1,165,132
  • Mar 25, 2020 3:47pm Mar 25, 2020 3:47pm
This is an upcycle, but I still haven't seen any legitimate entry which would warrant my participation - in either direction.
  • #1,165,133
  • Mar 25, 2020 4:08pm Mar 25, 2020 4:08pm
Quoting EvilEye
This is an upcycle, but I still haven't seen any legitimate entry which would warrant my participation - in either direction.
This pair has gone down the toilet. It's too chaotic and unpredictable. Better to stay away from it for a while in my opinion.
Learn from your mistakes and march on.
  • #1,165,134
  • Mar 25, 2020 4:28pm Mar 25, 2020 4:28pm
This is going to be pump and dump with EURUSD.
  • #1,165,135
  • Mar 25, 2020 4:46pm Mar 25, 2020 4:46pm
Quoting Techanalyst
This is going to be pump and dump with EURUSD.
I don't doubt that. The trouble is, it will get people going long after the upcycle is complete and drop the brick on them.
Since I trade with large lot sizes, I have to be picky. It's not about catching every pip on every move. It's about making money from the easy shots... and waiting for them.
  • #1,165,136
  • Mar 25, 2020 5:54pm Mar 25, 2020 5:54pm
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting here2there
{quote} This pair has gone down the toilet. It's too chaotic and unpredictable. Better to stay away from it for a while in my opinion.
Yup!! Wish I would have closed a short this morning - now I'm "going long" hoping it will retrace back to 8400 range to limit loss. But as I type this, it continues north.

An incredibly poor trade; didn't create SL, now paying the price. after being on conference calls all day, not to mention a few "downed equipment" (critical devices not working in a couple of my hospitals).

retrace....retrace...retrace , haha.
School of hard knocks
dmj120 Return This Year: na
  • #1,165,137
  • Mar 25, 2020 7:19pm Mar 25, 2020 7:19pm
Quoting dmj120
{quote} Yup!! Wish I would have closed a short this morning - now I'm "going long" hoping it will retrace back to 8400 range to limit loss. But as I type this, it continues north. An incredibly poor trade; didn't create SL, now paying the price. after being on conference calls all day, not to mention a few "downed equipment" (critical devices not working in a couple of my hospitals). retrace....retrace...retrace , haha.
Sometimes you just have to cut your losses and move on.

Having said that, it looks like it is starting to retrace. You might get lucky and break even. But be careful! Things could get worse.
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Where did you go long?
Learn from your mistakes and march on.
  • #1,165,138
  • Mar 25, 2020 7:23pm Mar 25, 2020 7:23pm
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting here2there
{quote} Sometimes you just have to cut your losses and move on. Having said that, it looks like it is starting to retrace. You might get lucky and break even. But be careful! Things could get worse. Where did you go long?
Went short at 8407, Did not see the bulls pushing forward this hard. oh well, gotta take the lumps when you dont protect yourself
School of hard knocks
dmj120 Return This Year: na
  • #1,165,139
  • Mar 25, 2020 7:26pm Mar 25, 2020 7:26pm
Quoting dmj120
{quote} Went short at 8407, Did not see the bulls pushing forward this hard. oh well, gotta take the lumps when you dont protect yourself
There is still hope to break even. The volume does not support the movement. See the image I attached to my previous response to you.

But it's your call.
Learn from your mistakes and march on.
  • #1,165,140
  • Mar 25, 2020 7:27pm Mar 25, 2020 7:27pm
Supply zone reached on a daily. Good spot to enter short position.
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