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EURUSD

  • #1,166,461
  • Apr 15, 2020 7:55am Apr 15, 2020 7:55am
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yes yes yes
  • #1,166,462
  • Apr 15, 2020 7:56am Apr 15, 2020 7:56am
Quoting here2there
Something seems very fishy about this price pump on EURUSD. I could be wrong, but I don't see it as sustainable.
And what did I say?

It's funny how my opinion in here is mostly ignored.

And how did I know this? Volume!

I don't know why I bother.
Learn from your mistakes and march on.
  • #1,166,463
  • Apr 15, 2020 8:03am Apr 15, 2020 8:03am
Price went down due to the news. This was a good sell for those that went in and sold as day traders. Higher TF's, EURUSD should go up. Overall EURUSD still bullish.
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  • #1,166,464
  • Apr 15, 2020 8:04am Apr 15, 2020 8:04am
rotten news = dollar strong

manipulation at its best
  • #1,166,465
  • Apr 15, 2020 8:07am Apr 15, 2020 8:07am
Usually eur reverse very slow and you can see it it on H1 chart -we didnt see it,so retrace tomorrow. daily can be red 2-3 days but weekly!!! stays green.
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  • #1,166,466
  • Apr 15, 2020 8:08am Apr 15, 2020 8:08am
Quoting here2there
{quote} And what did I say? It's funny how my opinion in here is mostly ignored. And how did I know this? Volume! I don't know why I bother.
Why do you care? Why would anyone follow or listen to you ? or to me or to anyone else.

Its just a big chat here where everybody is giving out their point of view.

I would NEVER EVER follow any calls or trading strategy here unless it fits my plan.

If you make money its the most important no ?
COT: The precious data ignored
  • #1,166,467
  • Apr 15, 2020 8:10am Apr 15, 2020 8:10am
Quoting kuroro001
{quote} Why do you care? Why would anyone follow or listen to you ? or to me or to anyone else. Its just a big chat here where everybody is giving out their point of you. I would NEVER EVER follow any calls or trading strategy here unless it fits my plan. If you make money its the most important no ?
  • #1,166,468
  • Apr 15, 2020 8:14am Apr 15, 2020 8:14am
Quoting kuroro001
{quote} Why do you care?
Because I have done nothing but try to be helpful the day I started posting in here. And for the most part, I have been right but have not been treated right.

Frankly, I think this thread is a waste of time. There is too much nonsense posting and too little of anything with substance.
Learn from your mistakes and march on.
  • #1,166,469
  • Apr 15, 2020 8:21am Apr 15, 2020 8:21am
Quoting here2there
{quote} Because I have done nothing but try to be helpful the day I started posting in here. And for the most part, I have been right but have not been treated right. Frankly, I think this thread is a waste of time. There is too much nonsense posting and too little of anything with substance.
You are getting too emotional about this forum overall maybe
Give yourself some time away from it.

If you think its a bad thread, make your own, with your rules, and if its very good people will just come over and share ideas with you

One piece of advise : Do the things for your own good, if people like it they will show the love to you and you'll be proud and happy
COT: The precious data ignored
  • #1,166,470
  • Apr 15, 2020 8:21am Apr 15, 2020 8:21am
second rule of engagement :
there is always a pull back
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yes yes yes
  • #1,166,471
  • Apr 15, 2020 8:23am Apr 15, 2020 8:23am
Quoting Techanalyst
Price went down due to the news.
While the news may have given EURUSD a shove, I think the main reason it went down is because price hit the high of ADR and closed below the previous Weekly high. Both significant areas.

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Learn from your mistakes and march on.
  • #1,166,472
  • Apr 15, 2020 8:25am Apr 15, 2020 8:25am
Quoting Moty
second rule of engagement : there is always a pull back {image}
HI Moty,

What confirmed today's fall for you? At what point were you more sure?
  • #1,166,473
  • Apr 15, 2020 8:31am Apr 15, 2020 8:31am
To techanalyst and here2there, and others here: we should always remember that the price goes where the market, i.e. smart money, wants it to go.

Stay safe, trade ssfe.

KP

Quoting here2there
{quote} While the news may have given EURUSD a shove, I think the main reason it went down is because price hit the high of ADR and closed below the previous Weekly high. Both significant areas. {image}
Do your homework, follow the footprints of smart money
  • #1,166,474
  • Apr 15, 2020 8:35am Apr 15, 2020 8:35am
Quoting here2there
{quote} While the news may have given EURUSD a shove, I think the main reason it went down is because price hit the high of ADR and closed below the previous Weekly high. Both significant areas. {image}
There is a fight between EUR and CHF dealers i would say

EUR dealer are VERY shorts on bottom
CHF dealers are short on top.

I'm covering 3/4 of my CHF shorts (USDCHF longs) here.

Time will tell
COT: The precious data ignored
  • #1,166,475
  • Apr 15, 2020 8:39am Apr 15, 2020 8:39am
As far as my trend definition is concerned, the EURUSD H4 uptrend is broken! Now awaiting that 1st pullback to be verified at resistance! my Trialing stop got hit, nice trade. Now it goes down...

but...I will not be trading it, I'm not wedded to EU. Anyone got on CADJPY, NZDJPY, NZDCHF?
  • #1,166,476
  • Apr 15, 2020 8:40am Apr 15, 2020 8:40am
Quoting kuroro001
{quote} There is a fight between EUR and CHF dealers i would say EUR dealer are VERY shorts on bottom CHF dealers are short on top. I'm covering 3/4 of my CHF shorts (USDCHF longs) here. Time will tell
Currently, EUR = CHF! Correlation-wise
  • #1,166,477
  • Apr 15, 2020 8:42am Apr 15, 2020 8:42am
Quoting danasa
{quote} Currently, EUR = CHF! Correlation-wise
If you look intraday during LO/NY why not

But look at the past 4 years, weekly basis, correlation is only 0,55. Just some datas
COT: The precious data ignored
  • #1,166,478
  • Apr 15, 2020 8:43am Apr 15, 2020 8:43am
Quoting KeenPips
To techanalyst and here2there, and others here: we should always remember that the price goes where the market, i.e. smart money, wants it to go. Stay safe, trade ssfe. KP {quote}
I agree. But sometimes even they get it wrong. But it is rare.
Learn from your mistakes and march on.
  • #1,166,479
  • Apr 15, 2020 8:45am Apr 15, 2020 8:45am
Quoting kuroro001
{quote} If you look intraday during LO/NY why not But look at the past 4 years, weekly basis, correlation is only 0,55. Just some datas
Thank you sir, I am talking H4, my Trend time frame. 4 years ago is too far for me. H4 sits nicely in the intermediate term for me
  • #1,166,480
  • Apr 15, 2020 8:45am Apr 15, 2020 8:45am
Quoting danasa
As far as my trend definition is concerned, the EURUSD H4 uptrend is broken! Now awaiting that 1st pullback to be verified at resistance! my Trialing stop got hit, nice trade. Now it goes down... but...I will not be trading it, I'm not wedded to EU. Anyone got on CADJPY, NZDJPY, NZDCHF?
we could make another pairs threads come alive ;-)

NZDJPY - https://www.forexfactory.com/showthr...=10134&page=20
CADJPY - https://www.forexfactory.com/showthr...162401&page=16
NZDCHF - https://www.forexfactory.com/showthr...=602526&page=3
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