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EURUSD

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#1,168,621
May 6, 2020 7:54am May 6, 2020 7:54am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

Buyers above 1,0784 with volume could be dangerous for the bears

COT: The precious data ignored

#1,168,622
May 6, 2020 8:00am May 6, 2020 8:00am

keep4x
| Joined May 2016 | Status: Trader | 231 Posts

took this trade few minute ago didn't go well as i thought but still manage to grab 6 pips
5min chart

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1min chart

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Work Hard In Silence, Let Your Success Be Your Noise.

#1,168,623
May 6, 2020 8:01am May 6, 2020 8:01am

4experience
| Joined Jan 2018 | Status: Trader | 1,643 Posts

Quoting 4experience

Disliked

we may have hit the Bottom. If yes , we should have a big increase now chart soon {image}

Ignored

0760 may be hit before increase.

#1,168,624
May 6, 2020 8:03am May 6, 2020 8:03am

Whale
Joined Jun 2013 | Status: Trader | 14,557 Posts

Quoting 4experience

Disliked

{quote} 0760 may be hit before increase.

Ignored

they build the drop, will be fast - im sure
im sideline, wait for my signal

#1,168,625
May 6, 2020 8:06am May 6, 2020 8:06am

JayBag
Joined May 2016 | Status: Clueless | 6,896 Posts

Quoting kuroro001

Disliked

Buyers above 1,0784 with volume could be dangerous for the bears

Ignored

With or without volume, No chance for BULLS today or even this week..
Daily close below your 1.0784 should convince you more..

Let's see how daily close.

SS

#1,168,626
May 6, 2020 8:08am May 6, 2020 8:08am

LifeTrading
| Joined Mar 2020 | Status: Trader | 103 Posts

Quoting LifeTrading

Disliked

Further to the downward movement, the levels reflected on the screenshot below can be considered for short entries. {image}

Ignored

First entry stop loss and second entry nice and quick retrieve.
If there price offer an other opportunity for shorts on levels 1.0806 and 1.0814. Stop loss 6 - 8 points.

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#1,168,627
May 6, 2020 8:10am May 6, 2020 8:10am

mistaouting
| Joined Nov 2019 | Status: Trader | 2,763 Posts

Quoting 60629435

Disliked

{quote} Understood Mistaouting. I wanted to know if I have the same Idea like you. so the Question is when? and we can only say 50/50. I just Wipe-out 3 days ago so I am very careful to not use my reserve . appreciated I am looking for more possibilities in you guys. Thanks for having me here . ________ Still Learning

Ignored

bearish is the current idea....If price breaks 0773 area before the London close then its possible....once London closes volume USUALLY goes down (i have seen times price actions was still good after London close)..... so price may start to move sideways...

however daily ATR is about 90 pips and about now we have 30 more pips to go if we were to get the ATR today, but is been declining as of late...30 more pips south would hit that price so again its possibility if not today maybe another day

are you swing trading or scalping?
are you currently short?

we all still learning...or should be

LOCK IN RE-ENTER

#1,168,628
May 6, 2020 8:16am May 6, 2020 8:16am

keep4x
| Joined May 2016 | Status: Trader | 231 Posts

Quoting mistaouting

Disliked

{quote} bearish is the current idea....If price breaks 0773 area before the London close then its possible....once London closes volume USUALLY goes down (i have seen times price actions was still good after London close)..... so price may start to move sideways... however daily ATR is about 90 pips and about now we have 30 more pips to go if we were to get the ATR today, but is been declining as of late...30 more pips south would hit that price so again its possibility if not today maybe another day are you swing trading or scalping? are you currently...

Ignored

im still looking for short from here, price shouldn't go up further

Work Hard In Silence, Let Your Success Be Your Noise.

#1,168,629
May 6, 2020 8:16am May 6, 2020 8:16am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

Quoting JayBag

Disliked

{quote} With or without volume, No chance for BULLS today or even this week.. Daily close below your 1.0784 should convince you more.. Let's see how daily close. SS

Ignored

I'm overall bearish dude as per COT report, but 1/ i'm trading COT strategy aka short the rallies, and 2/ trading intraday chart with PA and oscillator.

Biggest trade are the COT ones though

COT: The precious data ignored

#1,168,630
May 6, 2020 8:17am May 6, 2020 8:17am

mistaouting
| Joined Nov 2019 | Status: Trader | 2,763 Posts

Quoting keep4x

Disliked

{quote} im still looking for short from here, price shouldn't go up further

Ignored

i agree either sideways or down...

LOCK IN RE-ENTER

#1,168,631
May 6, 2020 8:19am May 6, 2020 8:19am

60629435
| Joined Apr 2020 | Status: Trader | 59 Posts

Quoting mistaouting

Disliked

{quote} bearish is the current idea....If price breaks 0773 area before the London close then its possible....once London closes volume USUALLY goes down (i have seen times price actions was still good after London close)..... so price may start to move sideways... however daily ATR is about 90 pips and about now we have 30 more pips to go if we were to get the ATR today, but is been declining as of late...30 more pips south would hit that price so again its possibility if not today maybe another day are you swing trading or scalping? are you currently...

Ignored

I see , Thanks to that Idea. I'm currently on Short 1.08088 TP: 1.0764 SL: 1.083 .

Now I'm confident that I am not alone .. But I agree , It might be too late to reach 1.0773 . 40more Mins and the London is close.

_____________
Still Learning

#1,168,632
May 6, 2020 8:22am May 6, 2020 8:22am