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  • #1,165,621
  • Apr 2, 2020 8:58am Apr 2, 2020 8:58am
Quoting here2there
{quote} Risky? Yes. But I think it may work out for you. I am waiting for confirmation. Now the real battle begins. The psychological battle. If you are right, the pressure will be strong to make you think you made the wrong decision. The thing to overcome now is self-doubt. Stick to your plan, and accept the outcome.
great point!

But I have to say that I really did a lol when I read this part "the pressure will be strong to make you think you made the wrong decision"
that was really funny
LOCK IN RE-ENTER
  • #1,165,622
  • Apr 2, 2020 9:02am Apr 2, 2020 9:02am
Quoting here2there
{quote} Risky? Yes. But I think it may work out for you. I am waiting for confirmation. Now the real battle begins. The psychological battle. If you are right, the pressure will be strong to make you think you made the wrong decision. The thing to overcome now is self-doubt. Stick to your plan, and accept the outcome.
It is risky because the market is heading towards the weekly support @ 1.079

I'm in a short trade since 1.0965 but i'm holding.

Will see if we can settle at the pivot before waiting for new shorts on retracement.
You can lead a horse to water, but you can't make it drink
  • #1,165,623
  • Apr 2, 2020 9:02am Apr 2, 2020 9:02am
As stocks seem to have find a bottom for now, maybe we'll have buy stocks/sell dollar

I'm still not buying euro though
COT: The precious data ignored
  • #1,165,624
  • Apr 2, 2020 9:02am Apr 2, 2020 9:02am
The move already happened. Selling NOW doesn't make sense. Better to wait. Indeed, we could see lower prices, but it is better to wait for a pullback to sell (if it makes sense to do so) or a signal to buy.

Either way, I am expecting the selling pressure to slow down for now.

Still waiting for confirmation.
Learn from your mistakes and march on.
  • #1,165,625
  • Apr 2, 2020 9:09am Apr 2, 2020 9:09am
For those of you who use momentum as a guide, bullish divergence is starting to show up.
Learn from your mistakes and march on.
  • #1,165,626
  • Apr 2, 2020 9:09am Apr 2, 2020 9:09am
ill come back later to see how far it pulled back....hope i don't miss anything lol
LOCK IN RE-ENTER
  • #1,165,627
  • Apr 2, 2020 9:11am Apr 2, 2020 9:11am
Quoting here2there
For those of you who use momentum as a guide, bullish divergence is starting to show up.
Not to mention it bounced right off the 61.8 fib
  • #1,165,628
  • Apr 2, 2020 9:14am Apr 2, 2020 9:14am
lets se now rocketup with delay
  • #1,165,629
  • Apr 2, 2020 9:14am Apr 2, 2020 9:14am
Quoting investing101
{quote} Not to mention it bounced right off the 61.8 fib
Almost made it there for me. We have our fibs drawn slightly differently. But that's Ok.
Learn from your mistakes and march on.
  • #1,165,630
  • Apr 2, 2020 9:18am Apr 2, 2020 9:18am
Quoting here2there
{quote} Almost made it there for me. We have our fibs drawn slightly differently. But that's Ok.
Good call on the divergence!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 245 KB
  • #1,165,631
  • Apr 2, 2020 9:22am Apr 2, 2020 9:22am
Quoting investing101
{quote} Good call on the divergence! {image}
Looking at it, it seems its getting more strength on the downside

I don't see as a divergence, but who knows
COT: The precious data ignored
  • #1,165,632
  • Apr 2, 2020 9:23am Apr 2, 2020 9:23am
Confirmed EURO is bearish and going down to 1.0692 demand zone on daily chart. COT report non-commercials are in favor of buying but they are wrong sometimes too. On the long run they may not be wrong as this can go bullish, but for now, it is bearish.
  • #1,165,633
  • Apr 2, 2020 9:23am Apr 2, 2020 9:23am
Quoting kuroro001
{quote} Looking at it, it seems its getting more strength on the downside I don't see as a divergence, but who knows
There's a good chance it might form, otherwise, we have to continue falling.
  • #1,165,634
  • Apr 2, 2020 9:27am Apr 2, 2020 9:27am
Quoting kuroro001
{quote} Looking at it, it seems its getting more strength on the downside I don't see as a divergence, but who knows
This is what I am looking at on the 1HR chart.
Attached Image

Note: the move isn't complete. Therefore, the divergence isn't confirmed, but it does appear to be forming.
Learn from your mistakes and march on.
  • #1,165,635
  • Apr 2, 2020 9:31am Apr 2, 2020 9:31am
Quoting Techanalyst
Confirmed EURO is bearish and going down to 1.0692 demand zone on daily chart. COT report non-commercials are in favor of buying but they are wrong sometimes too. On the long run they may not be wrong as this can go bullish, but for now, it is bearish.
Either way, I will be buying or selling.
Learn from your mistakes and march on.
  • #1,165,636
  • Apr 2, 2020 9:33am Apr 2, 2020 9:33am
EURUSD has fallen as expected and predicted but with a weekend gap. I am still long on partial position and I am looking to add to my long position once again I have a confirmation.

Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #1,165,637
  • Apr 2, 2020 9:37am Apr 2, 2020 9:37am
Quoting vikinsa
EURUSD has fallen as expected and predicted but with a weekend gap. I am still long on partial position and I am looking to add to my long position once again I have a confirmation. https://www.youtube.com/watch?v=W8VFam1eTXo
just stop loss hunt,and now uuuuuppp
  • #1,165,638
  • Apr 2, 2020 9:38am Apr 2, 2020 9:38am
Look at oil & equities....thank you Trump

Next is dollar?
COT: The precious data ignored
  • #1,165,639
  • Apr 2, 2020 9:40am Apr 2, 2020 9:40am
I am beginning to think I should have used a buy limit order. Lol

But it is better to wait than to be sorry, as I have learned. I would rather miss a few pips waiting for confirmation than to trade in the wrong direction.
Learn from your mistakes and march on.
  • #1,165,640
  • Apr 2, 2020 10:21am Apr 2, 2020 10:21am
Todays low is the bottom of the 1.1200-1.0840 range, below here we will see more downside and the begining of a new bearish trend that may reach 1.0500. This was the target today, you can see it by the upside spike to 1.0900 when smart traders took profits.

It may offer some support until NFP or more, but I would trade it with very much caution - low risk.
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