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EURUSD

  • #1,167,761
  • Apr 29, 2020 4:03am Apr 29, 2020 4:03am
retrenchment of the lo and fo in the making
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yes yes yes
  • #1,167,762
  • Apr 29, 2020 4:13am Apr 29, 2020 4:13am
Quoting Wavegarrick
To all the gossipers and haters. You know who you are. The reason I stopped posting here a long time ago and certainly my last post here. I leave you with a present. Cheers. {image}
if you read asterix and obelix comics

when everyone is busy trading eurusd there is always one person sitting outside ........... errr
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  • #1,167,763
  • Apr 29, 2020 4:51am Apr 29, 2020 4:51am
Better probability of selling eurusd and buy usdchf as per chart, even though spread between these 2 is tight

Attached Image
COT: The precious data ignored
  • #1,167,764
  • Apr 29, 2020 4:54am Apr 29, 2020 4:54am
Slower price action from the morning, this may fall to 1.0835, or even 1.0825 before news.
Looking for profitable short term trades ...|
  • #1,167,765
  • Apr 29, 2020 4:54am Apr 29, 2020 4:54am
Quoting kuroro001
Better probability of selling eurusd and buy usdchf as per chart, even though spread between these 2 is tight {image}
of you wanted to do that trade why not just do eurchf and pay commission once?
Boxing clever since 76.
  • #1,167,766
  • Apr 29, 2020 4:59am Apr 29, 2020 4:59am
Quoting copi88
{quote} of you wanted to do that trade why not just do eurchf and pay commission once?
Its more like to see what to do with eurusd actually.

And yes you can pay commission once, but you'd get way less pips for example. eurchf is so slow it bores me
COT: The precious data ignored
  • #1,167,767
  • Apr 29, 2020 5:06am Apr 29, 2020 5:06am
Quoting Js3mwtRc
Slower price action from the morning, this may fall to 1.0835, or even 1.0825 before news.
EU is tricky today, up/down up/down

Back below 1,0859 again...
COT: The precious data ignored
  • #1,167,768
  • Apr 29, 2020 5:15am Apr 29, 2020 5:15am
Quoting kuroro001
{quote} EU is tricky today, up/down up/down Back below 1,0859 again...
Like, everyone left the market, but its good to trade ranges too...now it is falling
Looking for profitable short term trades ...|
  • #1,167,769
  • Edited 7:18am Apr 29, 2020 5:40am | Edited 7:18am
Quoting Js3mwtRc
Slower price action from the morning, this may fall to 1.0835, or even 1.0825 before news.
I missed that:

Eurozone April final consumer confidence -22.7 vs -22.7 prelim ForexLive.com

That is why EU doesn't move.

Edit: German Prelim CPI m/m came well in time.
Looking for profitable short term trades ...|
  • #1,167,770
  • Apr 29, 2020 5:45am Apr 29, 2020 5:45am
Variant 1
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  • #1,167,771
  • Apr 29, 2020 5:45am Apr 29, 2020 5:45am
Variant 2
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  • #1,167,772
  • Apr 29, 2020 5:57am Apr 29, 2020 5:57am
It seems price wants to go South . ??
  • #1,167,773
  • Apr 29, 2020 6:18am Apr 29, 2020 6:18am
If price touches. 08438 in the nex 30min. Am buying
99.9% persistence
  • #1,167,774
  • Apr 29, 2020 6:56am Apr 29, 2020 6:56am
Quoting kuroro001
{quote} EU is tricky today, up/down up/down Back below 1,0859 again...
went to daily pivot for a bounce
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yes yes yes
  • #1,167,775
  • Apr 29, 2020 6:58am Apr 29, 2020 6:58am
If this one holds. It ll be my last trade for the day
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99.9% persistence
  • #1,167,776
  • Apr 29, 2020 6:58am Apr 29, 2020 6:58am
Quoting Moty
{quote} went to daily pivot for a bounce {image} {image}
Don't know mate, with a bad US GDP and US rate tonight, only time will tell us

I'd prefer a deeper move to buy
COT: The precious data ignored
  • #1,167,777
  • Apr 29, 2020 7:06am Apr 29, 2020 7:06am
Out the short at 1.0841!
  • #1,167,778
  • Apr 29, 2020 7:12am Apr 29, 2020 7:12am
long term outlook, this covers the entire day candle !!!
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  • #1,167,779
  • Apr 29, 2020 7:14am Apr 29, 2020 7:14am
Am not going to baby sit this short trade. I ll just leave it and let the market decide
99.9% persistence
  • #1,167,780
  • Apr 29, 2020 7:21am Apr 29, 2020 7:21am
Quoting kuroro001
{quote} Don't know mate, with a bad US GDP and US rate tonight, only time will tell us I'd prefer a deeper move to buy
the expectation is for bad news
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yes yes yes
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