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  • #1,165,281
  • Mar 27, 2020 12:00pm Mar 27, 2020 12:00pm
Quoting Js3mwtRc
I was planning to sell on Monday, now I am changing my mind. Anyway this move up seems fake, like the move down in the morning.
wait for a clear break and a pull back of the 50 sma band.
You will have planty of opportunity to get into the short after the price breaks down.
the move down wasn't a fake , it was simply a move down to find support at the pivot line
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yes yes yes
  • #1,165,282
  • Mar 27, 2020 12:04pm Mar 27, 2020 12:04pm
Quoting Moty
{quote} ...the move down wasn't a fake , it was simply a move down to find support at the pivot line {image}
But something drove it there. Price doesn't just move on its own to obey pivot rules. There is a mind behind the madness of the market.

I think what he meant by 'fake' is market manipulation. And yes, that happens a lot in the Forex market.
Learn from your mistakes and march on.
  • #1,165,283
  • Mar 27, 2020 12:23pm Mar 27, 2020 12:23pm
O.k. the move down was created, because there was many buyers who took profits, but it did fake the sellers, it almost did me.

The up-move started after the US news and it peaked with the delay of the House vote.

It can move beyond 1.1100, but it needs confirmation first above its new high and yet is Friday.

Edit: Link to the vote news
Looking for profitable short term trades ...|
  • #1,165,284
  • Mar 27, 2020 12:23pm Mar 27, 2020 12:23pm
Quoting Moty
{quote} wait for a clear break and a pull back of the 50 sma band. You will have planty of opportunity to get into the short after the price breaks down. the move down wasn't a fake , it was simply a move down to find support at the pivot line {image}

Hi Moty,I have been following you<pls do you have a link where you explained your strategy of the moving averages that you use?Thank you
  • #1,165,285
  • Mar 27, 2020 12:53pm Mar 27, 2020 12:53pm
At last EU should do well now it is helping the Economy.

House clears $2T stimulus package for Trump's signature
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  • #1,165,286
  • Mar 27, 2020 1:09pm Mar 27, 2020 1:09pm
Quoting DavidSling
{quote} Hi Moty,I have been following you<pls do you have a link where you explained your strategy of the moving averages that you use?Thank you
when hull ma is below the 50 sma band , sell the break of price below the hma .
when hull ma is above the 50 sma band , buy the break of price above the hma .
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yes yes yes
  • #1,165,287
  • Mar 27, 2020 1:41pm Mar 27, 2020 1:41pm
I guess price is not moving anymore, maybe 10-15 pips higher, week is over.
  • #1,165,288
  • Mar 27, 2020 2:31pm Mar 27, 2020 2:31pm
the gu and eu is correlated with the s&p
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yes yes yes
  • #1,165,289
  • Mar 27, 2020 3:34pm Mar 27, 2020 3:34pm
For the next week. I'll stay bullish

Asset managers bullish, money managers clearing their shorts.

USD selling still prevail

Have a good one, trading week is over
COT: The precious data ignored
  • #1,165,290
  • Mar 27, 2020 3:51pm Mar 27, 2020 3:51pm
Quoting ZenNy
will buy 1.0989
closed +152 pips
trading is simple but is simple is not easy.
  • #1,165,291
  • Mar 27, 2020 4:00pm Mar 27, 2020 4:00pm
Just shorted at 1.1140 Good luck guys...
  • #1,165,292
  • Mar 27, 2020 4:29pm Mar 27, 2020 4:29pm
those are easy days to make money in forex, if you do not than you need to have a think.
trading is simple but is simple is not easy.
  • #1,165,293
  • Edited 8:19pm Mar 27, 2020 7:45pm | Edited 8:19pm
Quoting here2there
{quote} I am convinced that there must be a way to get an edge on these guys. It's just that nobody has figured it out yet, and if anyone has figured it out, they aren't telling.
This weeks market is just like any other week nothing fake or manipulated.

Quoting here2there
I am not in need of your help to know where the market is going.
I have been making live calls all week, you're not reading.

Quoting ZenNy
those are easy days to make money in forex, if you do not than you need to have a think.
Yes, this market is EASY to make big money. The volatility is perfect for EU.
Know what you trade
  • #1,165,294
  • Mar 28, 2020 2:14am Mar 28, 2020 2:14am
Bullish trend on daily continues, dont try to short just wait reverse H4 not H1.1.12420 daily channel,but im not sure,it goes there or not.I think 1-2 day,after we can look for short.Just wait 1-2 day if you want to short.I stay in long of GU picture of GU much better for long than picture of Eu.
  • #1,165,295
  • Mar 28, 2020 5:32am Mar 28, 2020 5:32am
Analysing the CHF, its like its going to fall (so USDCHF to rise).

It doesn't reassure me to long EUR anymore (especially when dealers are still short like hell).

Could be a tough week ahead
COT: The precious data ignored
  • #1,165,296
  • Mar 28, 2020 12:31pm Mar 28, 2020 12:31pm
Quoting F.g
Just shorted at 1.1140 Good luck guys...
Sat. 28/3 I don't mean it won't go higher...... It certainly can....1.12 and 1.12 40 are possible. , BUT I want to establish short positions in this area. The move has all the characteristics of excess . The European fundamentals do NOT support such an euphoria...[another ancient Greek word , crew...]

Have a safe weekend guys. And especially my Indian friends...avoid being shot..........Stay home [as we do...]

  • #1,165,297
  • Mar 28, 2020 12:56pm Mar 28, 2020 12:56pm
EURUSD may start to go down in last few days of this month just to create a bear candle. So I'd be careful with my long position. I am bullish on eurusd longer term.

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Technical Analyst & Trader @ Vikinsa
  • #1,165,298
  • Mar 28, 2020 1:00pm Mar 28, 2020 1:00pm
Quoting Moty
{quote} when hull ma is below the 50 sma band , sell the break of price below the hma . when hull ma is above the 50 sma band , buy the break of price above the hma . {image} {image}
Thanks,pls I can't find this HMA,any link?
  • #1,165,299
  • Mar 28, 2020 1:26pm Mar 28, 2020 1:26pm
We estimated an average of 389 000 (uncertainty range 294 000-518 000) respiratory deaths were associated with influenza globally each year during the study period
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6815659/
  • #1,165,300
  • Mar 28, 2020 1:39pm Mar 28, 2020 1:39pm
we should have panic every year
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