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  • #1,168,301
  • May 4, 2020 1:52pm May 4, 2020 1:52pm
Quoting Kingofnight
{quote} It won't go back moty. It will go more down and retarce 100 percent of the wave. We may expect some pull backs too but not much as your chart is pointing
it can go either way
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yes yes yes
  • #1,168,302
  • May 4, 2020 1:57pm May 4, 2020 1:57pm
eurusd is red h4,but it should be some recover up and after go down again.My opinion.
  • #1,168,303
  • May 4, 2020 2:02pm May 4, 2020 2:02pm
Quoting Kingofnight
{quote} It won't go back moty. It will go more down and retarce 100 percent of the wave. We may expect some pull backs too but not much as your chart is pointing
I agree also. Expecting some correction/pull back but not that much. the next couple H4 candles are what Im watching to enter short again....because some retracement is for sure unless the Asian session decides to do their own thing which ill be watching the couple H4 candles anyway
LOCK IN RE-ENTER
  • #1,168,304
  • May 4, 2020 2:16pm May 4, 2020 2:16pm
Still holding my shorts at 1.09384 holding for next day
Master your mind. Master Trading.
  • #1,168,305
  • May 4, 2020 2:51pm May 4, 2020 2:51pm
Quoting kuroro001
{quote} Its like opening a bar, you own it, you can whatever you like, kick people in or let people in. Same goes with a thread starter. If people are dumb enough to please the thread starter by saying yes to all he says....its their problem
True. Who wants to be a sheep let them be.
  • #1,168,306
  • May 4, 2020 3:14pm May 4, 2020 3:14pm
The Forex market is toast. I believe it's only a matter of time before it implodes.
Learn from your mistakes and march on.
  • #1,168,307
  • May 4, 2020 3:18pm May 4, 2020 3:18pm
Quoting here2there
The Forex market is toast. I believe it's only a matter of time before it implodes.
It will never happen. If in the future there is no cash, there will be digital currencies. So it will still be forex. Trading market will never go away. If it does, we are back in caveman time, or we should all go to the villages and get our own farms. Which it will never happen.
  • #1,168,308
  • May 4, 2020 7:30pm May 4, 2020 7:30pm
Quoting PatienceFx
on macd create 2 lines parallel to 0 line, the trade breakout of these lines helps avoid zigzag chop backtest in historical charts till you get a hang of it {image}
for all pairs or eurusd only bro...
  • #1,168,309
  • May 4, 2020 8:08pm May 4, 2020 8:08pm
All this randomness and sideways movement and extreme pumps out of nowhere is making it very difficult to trade. Damn coronavirus! Maybe I need to take some time off.
Learn from your mistakes and march on.
  • #1,168,310
  • May 4, 2020 10:18pm May 4, 2020 10:18pm
I do not hold my shorts or pants overnight it I prefer to wear a belt

I take it one day at a time I plan for the day and trade for the day
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  • #1,168,311
  • May 4, 2020 10:25pm May 4, 2020 10:25pm
Clearly there is an m a c d action in play on daily chart I cannot ignore this
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  • #1,168,312
  • May 4, 2020 10:59pm May 4, 2020 10:59pm
Understand my friends I am a swing trader we must hold positions for a longer period of time but we are able to grab good amount of pips!
Master your mind. Master Trading.
  • #1,168,313
  • May 5, 2020 12:37am May 5, 2020 12:37am
Not a bad level to buy for +100 pips
  • #1,168,314
  • May 5, 2020 12:41am May 5, 2020 12:41am
EU is on an important level to watch, 1.0900-1.0890 could bring it down to 1.0870 and if, this last support doesn't hold then, it can visit 1.0830 first.

Upside it must first take 1.0935 and then a stronger resistance is above 1.0950 > 60.

I am not so bearish yet I wait for a pullback first and then I might sell, depends on the sentiment.
Looking for profitable short term trades ...|
  • #1,168,315
  • May 5, 2020 12:44am May 5, 2020 12:44am
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yes yes yes
  • #1,168,316
  • May 5, 2020 12:44am May 5, 2020 12:44am
Quoting PatienceFx
Clearly there is an m a c d action in play on daily chart I cannot ignore this {image}
This can move even to 1.1070, MACD is a good indicator.
Looking for profitable short term trades ...|
  • #1,168,317
  • May 5, 2020 1:11am May 5, 2020 1:11am
Quoting EUROtech
Not a bad level to buy for +100 pips
below 100 sma never buy even if your wife beats you daily

mark day open price as a guide when taking a trade

trade safe
Attached Image
  • #1,168,318
  • May 5, 2020 1:17am May 5, 2020 1:17am
Quoting PatienceFx
{quote} below 100 sma never buy even if your wife beats you daily mark day open price as a guide when taking a trade trade safe {image}
This part finished my entire day's laughs
  • #1,168,319
  • May 5, 2020 1:19am May 5, 2020 1:19am
Greetings everyone,

My idea for EU remains.. I am bearish on this pair and will be for a while. I have other pairs alike.. A lot to gain just from this month.

SS
  • #1,168,320
  • May 5, 2020 1:19am May 5, 2020 1:19am
on the left is weekly range levels if week open 972 holds

on the right is daily ADR levels if daqy open 902 holds

clearly if 902 breaks price can try for 817

below h1 100 sma i am not going to buy so 917 can be an excellent place to short

rest depends on 100 sma and macd
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