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EURUSD

  • #1,167,041
  • Apr 22, 2020 9:56am Apr 22, 2020 9:56am
Open my long at 1.0832 tp 1.0892
  • #1,167,042
  • Apr 22, 2020 10:00am Apr 22, 2020 10:00am
not as boring, some jobs take time

get ready at 822
Attached Image
  • #1,167,043
  • Apr 22, 2020 10:16am Apr 22, 2020 10:16am
Quoting PatienceFx
not as boring, some jobs take time get ready at 822 {image}
will this be a demand zone for future moves
Attached Image
  • #1,167,044
  • Apr 22, 2020 10:18am Apr 22, 2020 10:18am
Quoting here2there
The good news is we now have a fresh demand zone to keep an eye on. 1HR chart 1.08329 1.08244 or 1.08194 {image}
Market Makers round 2 (still filling orders).
Will the demand zone hold? Time will tell!
Learn from your mistakes and march on.
  • #1,167,045
  • Apr 22, 2020 10:20am Apr 22, 2020 10:20am
and again uptrend ?!
  • #1,167,046
  • Apr 22, 2020 10:25am Apr 22, 2020 10:25am
Quoting seincard
and again uptrend ?!
Break down
COT: The precious data ignored
  • #1,167,047
  • Apr 22, 2020 10:26am Apr 22, 2020 10:26am
Is there any hope for the market to get back to normal any time soon or will wait until the cure is discovered?
I'm enjoying the wins because I was once terrified by loses
  • #1,167,048
  • Apr 22, 2020 10:31am Apr 22, 2020 10:31am
Quoting Erto
Is there any hope for the market to get back to normal any time soon or will wait until the cure is discovered?
It could take years. The damage that has been done to economies across the globe is great. It will likely get worse.
Learn from your mistakes and march on.
  • #1,167,049
  • Apr 22, 2020 10:46am Apr 22, 2020 10:46am
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Went long at 1.0827, targeting 1.0852
School of hard knocks
dmj120 Return This Year: na
  • #1,167,050
  • Apr 22, 2020 10:47am Apr 22, 2020 10:47am
Quoting Techanalyst
Tomorrow there is a lot of fundamentals for EUR. Also for US there is unemployment claims and PMI. This should push the price higher. Should be a lot of volatility. {image}
price will collapse tomorrow and then final bottom on Friday before uptrend starts
  • #1,167,051
  • Apr 22, 2020 10:48am Apr 22, 2020 10:48am
Quoting dmj120
Went long at 1.0827, targeting 1.0852
That seems like a reasonable target for this choppy market. Maybe even 1.085.
Learn from your mistakes and march on.
  • #1,167,052
  • Apr 22, 2020 11:01am Apr 22, 2020 11:01am
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting here2there
{quote} That seems like a reasonable target for this choppy market. Maybe even 1.085.
Hopefully bulls charge a bit. Have a 12 pip SL in place. Dropped pretty quick now 4 candle range on 15 minute chart.
School of hard knocks
dmj120 Return This Year: na
  • #1,167,053
  • Apr 22, 2020 11:02am Apr 22, 2020 11:02am
Quoting dmj120
{quote} Hopefully bulls charge a bit. Have a 12 pip SL in place. Dropped pretty quick now 4 candle range on 15 minute chart.
I would never use a stop loss that tight.
Learn from your mistakes and march on.
  • #1,167,054
  • Apr 22, 2020 11:08am Apr 22, 2020 11:08am
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting here2there
{quote} I would never use a stop loss that tight.
I typically don't but things have been so crazy, unsure of a huge drop. I think if it breaks 815, 1.0780 may be possible
School of hard knocks
dmj120 Return This Year: na
  • #1,167,055
  • Apr 22, 2020 11:18am Apr 22, 2020 11:18am
H1 with all the important levels and range boundaries plus the Vacuum Tube level marked.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-benchmark-finance-3.png Size: 73 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #1,167,056
  • Apr 22, 2020 11:31am Apr 22, 2020 11:31am
So who is it gonna be? Bears or bulls?
  • #1,167,057
  • Apr 22, 2020 11:37am Apr 22, 2020 11:37am
Quoting dmj120
{quote} I typically don't but things have been so crazy, unsure of a huge drop. I think if it breaks 815, 1.0780 may be possible
I have a new way of setting a stop loss. I set it for around 200 pips. This is just a safety stop in case I am not able to close the trade. In other words, it protects the account from blowing up.

That being said, I have determined where the threshold is. If price closes beyond that point, then I will assess the situation and either manually close the trade or let it run longer if the price action is showing a favorable sign.

Why do I do this? It is because sometimes price can hit your stop, and then move in the direction you were trading in. This helps to avoid losing at the hands of stop hunters.
Learn from your mistakes and march on.
  • #1,167,058
  • Apr 22, 2020 11:38am Apr 22, 2020 11:38am
Quoting P4ul.54P
So who is it gonna be? Bears or bulls?
both
Learn from your mistakes and march on.
  • #1,167,059
  • Apr 22, 2020 11:47am Apr 22, 2020 11:47am
I became bearish again! Will sell any retarce.. but not yet, I will study it best first, 1.0940 was broken now it is resistance...
Looking for profitable short term trades ...|
  • #1,167,060
  • Apr 22, 2020 11:47am Apr 22, 2020 11:47am
So my plans might change. The 4HR candle is about to close. It is a high volume bearish candle, which means a minor retracement is likely to occur. Unless things change, I will close my long position at or close to break even and look for an opportunity to short.
Learn from your mistakes and march on.
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