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EURUSD only

  • #107,981
  • Apr 23, 2020 1:09pm Apr 23, 2020 1:09pm
Quoting YvonneVon
{quote} I did warn you guys..
EURUSD is very tricky
  • #107,982
  • Apr 23, 2020 1:11pm Apr 23, 2020 1:11pm
M15 for today - tomorrow
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  • #107,983
  • Apr 23, 2020 1:15pm Apr 23, 2020 1:15pm
Quoting azidane
{quote} EURUSD is very tricky
thankfully i closed longs here

Quoting mistaouting
think im done for the day...thanks to the virus… no mid day drinks for me
I was waiting to get back in long walked away for a while and came back to this travesty...
LOCK IN RE-ENTER
  • #107,984
  • Apr 23, 2020 1:16pm Apr 23, 2020 1:16pm
Quoting louisfx
Are we going to see 1.08702? Possible.And a daily close above 1.08702 the bulls will be back again.Imo
Closed my Long in profit. EURO/USD up and down.Need some rest.
Make it Green
  • #107,985
  • Apr 23, 2020 1:20pm Apr 23, 2020 1:20pm
Quoting mistaouting
{quote} I really think that no deal took the wind out of the sails...I don't see why any SIGNIFCANT move north will come at this point because its seems like more downside risk until they do something to help the economy....tough situation for the eurozone IMO
First of all.... I missed my flight by 4 points

I purely trade using a technical approach with a tight max SL of 20 points.

Anyway, thanks for your advice.
  • #107,986
  • Apr 23, 2020 1:22pm Apr 23, 2020 1:22pm
Quoting Ata-Turkoglu
I have no idea what is going on with this pair inside these 2 days but my long order is still on! Stay Green
In USDX we can see clearly what is happening :

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  • #107,987
  • Apr 23, 2020 1:27pm Apr 23, 2020 1:27pm
bottom rail for tp and reverse huh?
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twitter: @gettoefl
  • #107,988
  • Apr 23, 2020 1:39pm Apr 23, 2020 1:39pm
Quoting azidane
{quote} In USDX we can see clearly what is happening : {image}
Indeed. I believe there is more room to go down in the short/medium term. How this new EU package will roll out will only be known in late May. In the meantime, Spain and Italy debt ratings will go down the toilet. Today ECB told that would buy some junk debt if needed but we know how markets react to debt trash. Reopening the job market after the lockdown will happen in Europe as about the same time as the US, so no leverage here. Either Europe finds some significant firepower (so far has been just more add debt stuff), or EURUSD will make its way to parity.
  • #107,989
  • Apr 23, 2020 1:59pm Apr 23, 2020 1:59pm
I noticed something here in FF and in other places that when the market is falling the lot size of traders going long get extremely high and vise versa when the market is rising. Like now the lot size of long trades in EURUSD is (660.2) and for short traders is (34.5..)
BARAK
  • #107,990
  • Apr 23, 2020 2:00pm Apr 23, 2020 2:00pm
Quoting Ata-Turkoglu
No pissing contests since they only lead to heated discussions.. We better stick to posting around EURUSD.. Thanks Stay Green
Absolutely Ata, I was away from FF for a while, stopped back to see how it is, but it's even worse - Its not a chat board, but they dont get it...
I can sometimes scroll an entire page (both EURUSD thread) and not see a single Chart, only chatter... useless chatter... tired of blocking ppl like this, so I'm off.
My respects and good luck in managing this zoo, I know you have fun and I admire your patience, but I'm not here for that...
Good luck and stay green!

P.S. - Last chart for the road, note that we have at least 2 Vacuum Tubes to be filled North-bound - marked RED.
See ya all in a while...
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #107,991
  • Apr 23, 2020 2:02pm Apr 23, 2020 2:02pm
and now back to the top rail for the next tp? can't get much easier
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twitter: @gettoefl
  • #107,992
  • Apr 23, 2020 2:07pm Apr 23, 2020 2:07pm
Quoting MarketPatrol
I noticed something here in FF and in other places that when the market is falling the lot size of traders going long get extremely high and vise versa when the market is rising. Like now the lot size of long trades in EURUSD is (660.2) and for short traders is (34.5..)
Maybe they think they can drive the price up
BARAK
  • #107,993
  • Apr 23, 2020 2:13pm Apr 23, 2020 2:13pm
Quoting Tore
{quote} First of all.... I missed my flight by 4 points I purely trade using a technical approach with a tight max SL of 20 points. Anyway, thanks for your advice.

looks like you made a good call!
LOCK IN RE-ENTER
  • #107,994
  • Apr 23, 2020 2:25pm Apr 23, 2020 2:25pm
Quoting gettoefl
and now back to the top rail for the next tp? can't get much easier {image}
What is this?
Make it Green
  • #107,995
  • Apr 23, 2020 2:26pm Apr 23, 2020 2:26pm
Quoting louisfx
{quote} What is this?
Lol
Master your mind. Master Trading.
  • #107,996
  • Apr 23, 2020 2:31pm Apr 23, 2020 2:31pm
Trading plan for Friday
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There is no perfect system
  • #107,997
  • Apr 23, 2020 2:33pm Apr 23, 2020 2:33pm
Quoting louisfx
{quote} What is this?
the highest point comes before the fall
  • #107,998
  • Apr 23, 2020 2:39pm Apr 23, 2020 2:39pm
Quoting louisfx
{quote} What is this?
Cobweb Trading System.. With this method, PA can’t argue otherwise get stuck

SS
  • #107,999
  • Apr 23, 2020 2:58pm Apr 23, 2020 2:58pm
Quoting JayBag
{quote} And the moment you sell it, you feel better about it.. I don't play around in a downtrend knowing how easy it is to spoil things as opposed to building lol.. The only place EU will find peace is right at 1.034632... where do you have in mind? SS
I am sorry this reply is coming late. I had too many patients today for a single day. 1.0340 area has always been a long term target. Indeed that is where bears will let bulls have their turn.
  • #108,000
  • Apr 23, 2020 3:16pm Apr 23, 2020 3:16pm
Quoting mistaouting
{quote} looks like you made a good call!
The flight cannot get through the equator line @1.0789 (QR 100 line) and now is heading to the South again targeting 1.0755 (LH-QR100). Can the flight reach it? Or, it will turn the direction heading to North again trying to land @1.0818 (UH-QR100)? Time will tell. Note: I don't trade from the equator line as it tricks me so many times.
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