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  • #108,821
  • May 7, 2020 11:38am May 7, 2020 11:38am
Quoting Austyno
Am I the only one here praying for a spike to 1.08180 area... Didn't buy though
And my prayer was answered
Risk comes from not knowing what to do
  • #108,822
  • May 7, 2020 12:03pm May 7, 2020 12:03pm
The EURUSD cycle closes with the movement of 253 PIP, if today's price goes down the cycle I will update. I waited for Friday to see signs of further movement

The next cycle is likely to go to 1.06650 - 1.06150 if the correction is at fibo 61.8

If the trend turns bull, aim 1.10146-1.10646

The resistance point that needs to be considered in the price range of 1.085x could be the first correction point
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There is no perfect system
  • #108,823
  • May 7, 2020 12:27pm May 7, 2020 12:27pm
Quoting Mitiblotch
Long 1.0800. SL 40 pips. I need a break above 1.0810. Please remember this is still a downtrend.
Close the last one here at 1.0815. Maybe there'll be other buy opportunities tomorrow.
  • #108,824
  • May 7, 2020 12:46pm May 7, 2020 12:46pm
Anyone selling round here?
or do you think its going to continue
  • #108,825
  • May 7, 2020 12:53pm May 7, 2020 12:53pm
... https://www.forexfactory.com/showthr...1#post12922001

imo sell:
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  • #108,826
  • May 7, 2020 12:55pm May 7, 2020 12:55pm
Attached Image (click to enlarge)
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Watching... 1.08120
I think a bullish base at this level will be good for a buy.
BARAK
  • #108,827
  • May 7, 2020 1:00pm May 7, 2020 1:00pm
Quoting Fxminer
Closed Sell, Buy a lot at : 0805-0813 for 50 pips
Add Short : 0860-0862, for 40 pips
  • #108,828
  • May 7, 2020 1:17pm May 7, 2020 1:17pm
Attached Image (click to enlarge)
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  • #108,829
  • May 7, 2020 1:34pm May 7, 2020 1:34pm
Quoting belon
... https://www.forexfactory.com/showthr...1#post12922001 imo sell: {image}
Exactly what I have in mind bro
Risk comes from not knowing what to do
  • #108,830
  • May 7, 2020 1:35pm May 7, 2020 1:35pm
Quoting HumzahJ
Anyone selling round here? or do you think its going to continue
Tomorrow the sell off continues and it's going to be a big one(bearish engulfing candle)
Risk comes from not knowing what to do
  • #108,831
  • May 7, 2020 1:45pm May 7, 2020 1:45pm
H1 Status Update (Hygienic Version)

Selling? Nope... I am into buying since: 1.0803

Nearest support is now. 1.0815 area..

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #108,832
  • May 7, 2020 1:46pm May 7, 2020 1:46pm
Quoting Traderview
{quote} Worked very well. Near projection is, 4hr closes above 1.0815, bulls will have control up to 1.0842. On downside, A 4hr closes below 1.0787, bears will take control and move up to 1.0760. Expecting the daily close above @1.0807 But the bear rejection at 1.0780 monthly support, have developed a trend line for bulls on 4hrs. This could have been contained or not, i dont know. The daily closes of today and tomorrow would have become narrowed, then again the upside is very visible. Trade safe and Stay safe.
Worked as charm. Bought right after the indecision bearish candle @1.0777. Closed @ 1.0830. In 15 minute, i was watching it very closely and it was clearly visible. The risk as well very low. Right now i expect 1.0812 holds. Expecting the market to close around 1.0812 - 1.0820. But a close below 1.08, which would give more strength to bears.

Now the elephant in the room, 1.0845 - 10860. Even if we dont see a big move such as above 1.09, as long as weekly closes above this jackass level 1.0845 - 1.0865, bulls will make it to 1.09 - 1.10 next week.

For bears, weekly close below 1.0778.

Lets see. Time will tell.

Trade safe and stay safe.
  • #108,833
  • May 7, 2020 1:55pm May 7, 2020 1:55pm
Quoting Austyno
{quote} Tomorrow the sell off continues and it's going to be a big one(bearish engulfing candle)
If we see the market trading around 1.0824 - 1.0836 during the NFP, i dont think we will see a bearish candle but a bullish one.
  • #108,834
  • May 7, 2020 2:59pm May 7, 2020 2:59pm
Quoting Traderview
{quote} Worked as charm. Bought right after the indecision bearish candle @1.0777. Closed @ 1.0830. In 15 minute, i was watching it very closely and it was clearly visible. The risk as well very low. Right now i expect 1.0812 holds. Expecting the market to close around 1.0812 - 1.0820. But a close below 1.08, which would give more strength to bears. Now the elephant in the room, 1.0845 - 10860. Even if we dont see a big move such as above 1.09, as long as weekly closes above this jackass level 1.0845 - 1.0865, bulls will make it to 1.09 - 1.10 next...
Good observation, my friend.

just my opinion
It looks like it will rise once again on Friday. If it goes up, I'll sell at the highest point. but on the contrary, if Friday the price drops, I will buy the lowest point.

I will wait for the opening of the New York market or the closing of the London market
There is no perfect system
  • #108,835
  • May 7, 2020 3:16pm May 7, 2020 3:16pm
Quoting HumzahJ
Anyone selling round here? or do you think its going to continue
I'm selling.
But i'm Just a nubis
Broke Broker Robber Band
  • #108,836
  • May 7, 2020 3:27pm May 7, 2020 3:27pm
Quoting Notso
{quote} I'm selling. But i'm Just a nubis
Selling for now is suicidal....

I will advice you switch to BUY... the bull are in control...
My goal is what keeps me going...
  • #108,837
  • May 7, 2020 3:30pm May 7, 2020 3:30pm
Quoting HumzahJ
Anyone selling round here? or do you think its going to continue
look at the movements first. don't be rash, My Friend
There is no perfect system
  • #108,838
  • May 7, 2020 7:55pm May 7, 2020 7:55pm
Attached Image (click to enlarge)
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There is no perfect system
  • #108,839
  • May 7, 2020 10:06pm May 7, 2020 10:06pm
Quoting Fxminer
Closed Sell, Buy a lot at : 0805-0813 for 50 pips
Start Closed All Short Yesterday
  • #108,840
  • May 7, 2020 10:40pm May 7, 2020 10:40pm
Short 1.0852_tp open
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