Attachments: EURUSD only

EURUSD only

#106,221
Apr 4, 2020 10:30am Apr 4, 2020 10:30am

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Quoting sherecairo

Hidden

Sir will u justify the lose of capital from 400$ to 24$ from ur scalp?

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I'm enjoying the wins because I was once terrified by loses

#106,222
Apr 4, 2020 11:15am Apr 4, 2020 11:15am

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Quoting vikinsa

Disliked

EURUSD like DXY has been fooling traders. It has been creating indecision. However if you look under the bonnet, you will see that it has been hiding opportunities. https://youtu.be/mN-zG6bUH94 https://youtu.be/qoORsKXFt-s

Ignored

Besides the monthly trend line being bullish, what other fundamental reason do you have to justify your suggestion?

I'm enjoying the wins because I was once terrified by loses

#106,223
Apr 4, 2020 11:23am Apr 4, 2020 11:23am

vikinsa
| Commercial User | Joined Oct 2019 | 888 Posts

Quoting Erto

Disliked

{quote} Besides the monthly trend line being bullish, what other fundamental reason do you have to justify your suggestion?

Ignored

I do not look at fundamentals. My analysis is nearly almost 100% pure technical. I look for confluences and correlations between DXY, USOIL, CAD, AUD and EUR.

Technical Analyst & Trader @ Vikinsa

#106,224
Apr 4, 2020 11:36am Apr 4, 2020 11:36am

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Quoting vikinsa

Disliked

{quote} I do not look at fundamentals. My analysis is nearly almost 100% pure technical. I look for confluences and correlations between DXY, USOIL, CAD, AUD and EUR.

Ignored

Ok thanks

I'm enjoying the wins because I was once terrified by loses

#106,225
Apr 4, 2020 4:35pm Apr 4, 2020 4:35pm

pipsrus08
| Joined May 2019 | Status: Trader | 3 Posts

Currently short

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#106,226
Apr 5, 2020 6:19am Apr 5, 2020 6:19am

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Here it is corona virus harmonic pattern

Attached Image

I'm enjoying the wins because I was once terrified by loses

#106,227
Apr 5, 2020 8:06am Apr 5, 2020 8:06am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,307 Posts | Online Now

H1 Status Update

Once market opens I will keep adding to my current sell order if we can get a new lower low..

1.0818 is nearest resistance for now..

Stay Green

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Focus only on what truly matters!

#106,228
Apr 5, 2020 8:11am Apr 5, 2020 8:11am

Starcraftmaz
Joined Mar 2012 | Status: Trader | 1,984 Posts

I am looking at initial lower tp at the start of the week, but mostly waiting and expecting a bullish reversal some time this week. It's hard to give levels because it could go just a bit lower again to 78 or it could go all the way to the previous local low, but I actually don't think it will go much further before turning around.

So I am looking at price signals on 1h and 4h.

#106,229
Apr 5, 2020 10:35am Apr 5, 2020 10:35am

macdulio
Joined Oct 2013 | Status: Trader | 1,079 Posts

ATR Oscillator added for Distance from the mean

#106,230
Apr 5, 2020 11:35am Apr 5, 2020 11:35am

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

I'm I correct to say this is actually a head and shoulder pattern and therefore we are likely to see Bulls on Monday

Attached Image (click to enlarge)

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Name: Head and shoulder pattern~2.PNG
Size: 24 KB

I'm enjoying the wins because I was once terrified by loses

#106,231
Apr 5, 2020 12:13pm Apr 5, 2020 12:13pm

KareemAliFx
Joined Oct 2019 | Status: Trader | 2,448 Posts

Quoting Erto

Disliked

I'm I correct to say this is actually a head and shoulder pattern and therefore we are likely to see Bulls on Monday {image}

Ignored

This is why we must only trade Tuesday’s to Thursday’s my friend let us see what London’s overlaps do

Master your mind. Master Trading.

#106,232
Apr 5, 2020 1:06pm Apr 5, 2020 1:06pm

Maroc-Ismail
Joined May 2019 | Status: Trader | 918 Posts

Quoting Erto

Disliked

I'm I correct to say this is actually a head and shoulder pattern and therefore we are likely to see Bulls on Monday {image}

Ignored

Lol, did this pattern fell off the stairs? A H&S pattern has a clear ‘neckline’. Your right “shoulder” broke the neckline. Pattern is invalid.

Look at the potential W pattern instead of this.

#106,233
Apr 5, 2020 1:39pm Apr 5, 2020 1:39pm

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Quoting Maroc-Ismail

Disliked

{quote} Lol, did this pattern fell off the stairs? A H&S pattern has a clear ‘neckline’. Your right “shoulder” broke the neckline. Pattern is invalid. Look at the potential W pattern instead of this.

Ignored

Lol I'm trying to make sense from this chart cause it doesn't actually make sense?

I'm enjoying the wins because I was once terrified by loses

#106,234
Apr 5, 2020 1:42pm Apr 5, 2020 1:42pm

Erto
| Joined Feb 2020 | Status: Trader | 468 Posts

Can someone explain how to make use of COT analysis to trade specifically EURUSD?

I'm enjoying the wins because I was once terrified by loses

#106,235
Apr 5, 2020 9:28pm Apr 5, 2020 9:28pm

Rennaissance
Joined Oct 2017 | Status: Trader | 984 Posts

Quoting Maroc-Ismail

Disliked

{quote} Lol, did this pattern fell off the stairs? A H&S pattern has a clear ‘neckline’. Your right “shoulder” broke the neckline. Pattern is invalid. Look at the potential W pattern instead of this.

Ignored

The only thing I can see there is that it has been going down and still doing so.For some reason, the last two years everyone just wants the dollar.

When you see it, BET big.

#106,236
Apr 5, 2020 9:30pm Apr 5, 2020 9:30pm

notyetthere
| Joined Oct 2018 | Status: Trader | 809 Posts

short 1.08125 for 10 pips break of triangle on the 5M

MTF PA with indicators = a winning team

#106,237
Apr 5, 2020 10:16pm Apr 5, 2020 10:16pm

Knot
| Joined Mar 2017 | Status: Trader | 164 Posts

Short @ 1.0808
TP: 1.0793

Keeping a tight TSL

#106,238
Apr 5, 2020 11:25pm Apr 5, 2020 11:25pm

notyetthere
| Joined Oct 2018 | Status: Trader | 809 Posts

Quoting notyetthere

Disliked

short 1.08125 for 10 pips break of triangle on the 5M

Ignored

out -5 pips

MTF PA with indicators = a winning team

#106,239
Apr 5, 2020 11:36pm Apr 5, 2020 11:36pm

Hokage-Sama
| Joined Oct 2019 | Status: Trader | 84 Posts

Quoting Erto

Disliked

{quote} Lol I'm trying to make sense from this chart cause it doesn't actually make sense?

Ignored

my experience advised me that should not try to tell the chart how efficient it is, it made sense in another timeframe, good luck and have a nice week!

#106,240
Apr 5, 2020 11:41pm Apr 5, 2020 11:41pm