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EURUSD

  • #1,166,081
  • Apr 8, 2020 7:46pm Apr 8, 2020 7:46pm
M30
Attached Image (click to enlarge)
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  • #1,166,082
  • Apr 8, 2020 8:01pm Apr 8, 2020 8:01pm
Impressive stop hunt to be sure.
More confirmation of a short coming up
  • #1,166,083
  • Apr 8, 2020 8:03pm Apr 8, 2020 8:03pm
Quoting jpwilkinson
M30 {image}
popping up!! i actually think your lines are backwards. zoom out a little and draw an upward channel. i tried to post my drawing but i guess the moderators didn't agree with it? lol

good luck
  • #1,166,084
  • Apr 8, 2020 8:04pm Apr 8, 2020 8:04pm
Quoting mallee
{quote}
And it did drop, just minutes after I posted that comment. So I don't understand what you think is so funny? I had my reasons for saying it would drop, because I saw the pattern (using technical analysis) on the 1HR chart.
Learn from your mistakes and march on.
  • #1,166,085
  • Apr 8, 2020 8:05pm Apr 8, 2020 8:05pm
Quoting EvilEye
still in this short. Still looking good. Collected positive swap and all. I added more to my position in the US session given that my position took on some drawdown. Price *did* come back to around 0888 (chinese auspicious number), and I stayed up to ensure I had a good launch. Just waiting for the drop today
All looking bullish, about to move up!
Like I always say, no one knows what's gonna happen next, we can anticipate in direction of higher probability.
But this one is tilting up.
OPEC+ meeting is today, I'm eager to see how it's gonna throw USD and CAD.

In summary, you will need to watch that short closely.
  • #1,166,086
  • Apr 8, 2020 8:35pm Apr 8, 2020 8:35pm
Quoting danasa
{quote} no one knows what's gonna happen next, we can anticipate in direction of higher probability.
This is true. And this is what technical analysis is all about. It's not about making claims to know where tops and bottoms are in advance, but about dealing in probabilities.
Learn from your mistakes and march on.
  • #1,166,087
  • Apr 8, 2020 9:07pm Apr 8, 2020 9:07pm
Quoting EvilEye
Impressive stop hunt to be sure. More confirmation of a short coming up
It's going to be interesting to see how this turns out.
Learn from your mistakes and march on.
  • #1,166,088
  • Apr 8, 2020 9:10pm Apr 8, 2020 9:10pm
donkey is bearish so going short
Attached Image (click to enlarge)
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  • #1,166,089
  • Apr 8, 2020 9:16pm Apr 8, 2020 9:16pm
If we see another swing back to 0870 in London (which is still on the tarot cards) this is going to drop like a rock.
It can't keep luring in bulls without giving them a payoff unless it's up to something else.
  • #1,166,090
  • Apr 8, 2020 9:47pm Apr 8, 2020 9:47pm
Quoting PatienceFx
donkey is bearish so going short {image}
I am going short as well, closed out my long earlier during the spike with 1 pip profit.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,166,091
  • Apr 8, 2020 10:20pm Apr 8, 2020 10:20pm
We are at the crossroads. It could go either way. Though MACD is showing bears are losing strength.
Attached Image (click to enlarge)
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Learn from your mistakes and march on.
  • #1,166,092
  • Apr 9, 2020 12:19am Apr 9, 2020 12:19am
I see this market more bearish after it failed to take at least its yesterdays highs and closed lower.

There are many news that can cause much volatility, I hope it will be with my side and will not get me out of my positions.
Looking for profitable short term trades ...|
  • #1,166,093
  • Apr 9, 2020 12:49am Apr 9, 2020 12:49am
Closed my position, will take a look in the morning right before news/data comes out, there is no volume right now. With this being a short week, I honestly prefer to just wait for next week. To many banks closing over the next 2 days, may just grab 50 pips tomorrow and chill for the long weekend. My regular method is still showing to watch for long opportunities, but I myself sure do want to short(probably wrong LOL), right now we are just ranging. See you all tomorrow.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,166,094
  • Apr 9, 2020 12:56am Apr 9, 2020 12:56am
Quoting OhComeOn
Closed my position, will take a look in the morning right before news/data comes out, there is no volume right now. With this being a short week, I honestly prefer to just wait for next week. To many banks closing over the next 2 days, may just grab 50 pips tomorrow and chill for the long weekend. My regular method is still showing to watch for long opportunities, but I myself sure do want to short(probably wrong LOL), right now we are just ranging. See you all tomorrow.
very difficult to add sense in this nonsense pa
  • #1,166,095
  • Apr 9, 2020 12:57am Apr 9, 2020 12:57am
Quoting Js3mwtRc
I see this market more bearish after it failed to take at least its yesterdays highs and closed lower. There are many news that can cause much volatility, I hope it will be with my side and will not get me out of my positions.
I will not be surprised if it drops. Usually, market makers move in the opposite direction of the herd.
Attached Image (click to enlarge)
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Source

Interestingly, the majority of traders on Forex Factory believe it is going up.
Attached Image
Source
Learn from your mistakes and march on.
  • #1,166,096
  • Apr 9, 2020 12:59am Apr 9, 2020 12:59am
Quoting PatienceFx
{quote} very difficult to add sense in this nonsense pa
nonsense pa
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  • #1,166,097
  • Edited 1:26am Apr 9, 2020 1:01am | Edited 1:26am
i will buy new hourly high.
i don't give Great weight for breakidown that occurred at asian session , and dx still in place
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yes yes yes
  • #1,166,098
  • Apr 9, 2020 1:59am Apr 9, 2020 1:59am
Quoting here2there
{quote} I will not be surprised if it drops. Usually, market makers move in the opposite direction of the herd.{image}Source Interestingly, the majority of traders on Forex Factory believe it is going up.{image}Source
Neither me, most of us the retail traders are losing, the risk is the key.

Lets see if it drops, it has lost much of its upside momentum.
Looking for profitable short term trades ...|
  • #1,166,099
  • Edited 2:32am Apr 9, 2020 2:14am | Edited 2:32am
Amazingly, the signal today comes at exactly the same point yesterday
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yes yes yes
  • #1,166,100
  • Apr 9, 2020 2:22am Apr 9, 2020 2:22am
Quoting Moty
Amazingly, the signal today comes at exactly the same point yesterday {image} {image}
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Nice move moty.Well done
Make it Green
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