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  • #108,702
  • May 4, 2020 2:34pm May 4, 2020 2:34pm
Daily S/R Levels for Tuesday

Long story short: Correction continues.. Tomorrow it probably will be about if 1.0938 area strongly resists (or not).. To me it seems like bears will lead for a while..

Stay Green
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Focus only on what truly matters!
  • #108,703
  • May 4, 2020 2:41pm May 4, 2020 2:41pm
Quoting varun76
{quote} Mate isn't it too early to open a long, I believe initially it might head north but not before a proper HL on 1 hr tf. ofcorse until it turns back up with no fishing reason {image}
i know.. just scalping 10 pips...
Extreme gut feeling trader
  • #108,704
  • May 4, 2020 5:17pm May 4, 2020 5:17pm
I believe tomorrow's sell entry will be between 1.09250-1.09400 with a target of 1.08500.
Risk comes from not knowing what to do
  • #108,705
  • May 4, 2020 6:19pm May 4, 2020 6:19pm
Quoting Compound
{quote} Short Closed. Buy Limit. TP manual {image}
I'm not sure the trend is really bear. Even in my other account, which has several Short I lock SL + 10 in each position. and now I'm scalping long to see the next condition.

Monday's lowest price could be the best position to continue the bull because there is a rejection at Fibo 61.8 on the bull trend Friday. Usually it is the right point for correction in a trend.

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There is no perfect system
  • #108,706
  • May 5, 2020 1:56am May 5, 2020 1:56am
H4
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SCALP WIN
  • #108,707
  • May 5, 2020 1:58am May 5, 2020 1:58am
Short.
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  • #108,708
  • May 5, 2020 1:58am May 5, 2020 1:58am
LONG EU 1.0902
SCALP WIN
  • #108,709
  • May 5, 2020 2:01am May 5, 2020 2:01am
Quoting Mitiblotch
{quote} Or Nigerien. I can bet that many Europeans and Americans here don't know the difference. Lol... Some believe Africa is a conutty. Hahaha...
Many of us know the difference between a continent and a country. I promise
  • #108,710
  • May 5, 2020 2:03am May 5, 2020 2:03am
Quoting wealthyqueen
{quote} Many of us know the difference between a continent and a country. I promise
Nice to see you Wealthyqueen. I believe traders have good knowledge, but those of them outside the trading world hardly know much about other good places.
  • #108,711
  • May 5, 2020 2:03am May 5, 2020 2:03am
Quoting ongtrumvn99
LONG EU 1.0902
ADD LONG 1.0890
SCALP WIN
  • #108,712
  • May 5, 2020 2:12am May 5, 2020 2:12am
Quoting ongtrumvn99
{quote} ADD LONG 1.0890
Bought Euro @ 1.0887 waiting till the US markets open.
FXOpen - International True ECN Broker
  • #108,713
  • May 5, 2020 2:20am May 5, 2020 2:20am
The low i mentioned was 1.0878 but still it'll be the pull back but the 4hr cloud settle, after it touches between 1.0855- 1.0842, to 1.0880. So buyers if 1hr closing below 1.0878 then i'd suggest to keep a wide sl or close it.
  • #108,714
  • May 5, 2020 2:38am May 5, 2020 2:38am
Short closed...
I love this numbers... Buy stop 1.08888... TP 1.09999
Lets make some green pips
  • #108,715
  • May 5, 2020 3:19am May 5, 2020 3:19am
BREAKING: German judges party dismiss ECB QE case in 7-1 ruling. This cant be good for the EUR.
  • #108,716
  • May 5, 2020 3:21am May 5, 2020 3:21am
Quoting majorpears
BREAKING: German judges party dismiss ECB QE case in 7-1 ruling. This cant be good for the EUR.
It was the reason for the spike just now?
Lets make some green pips
  • #108,717
  • May 5, 2020 3:24am May 5, 2020 3:24am
*German Constitutional Court votes 7:1 to reject the constitutional complaint against the ECB's PSPP; top court says the scheme partially violates constitution.

I think they find it largely in compiance with a few exceptions @majorpears. On the contrary this must be good for the EURO..
  • #108,718
  • May 5, 2020 3:27am May 5, 2020 3:27am
Waiting for this 4hr to close.

I wont enter short as long as it closes above 1.0884. If it's then we'll see up to 1.0855 - 1.0842.

For bulls 1.0905 - 1.0909. It looks like clearly bulls have the upper hand.

30 more mins.
  • #108,719
  • May 5, 2020 3:27am May 5, 2020 3:27am
Quoting 4rx
{quote} It was the reason for the spike just now?
I think the Spanish unemployment numbers caused the spike.
  • #108,720
  • Edited 3:45am May 5, 2020 3:32am | Edited 3:45am
Quoting investing101
{quote} I think the Spanish unemployment numbers caused the spike.
Spanish unemployment numbers were released 1,5 hours ago. Just look at the technicals. That area was a strong resistance and now turned in a support, it's that simple.
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