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  • #1,168,881
  • May 7, 2020 10:12pm May 7, 2020 10:12pm
never mess with engulfing candle .
i was inspecting a retrace first , but i can settle with a later one .
minor lose ( 15 $ for now in the position after a huge profit yesterday( 927 $)
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yes yes yes
  • #1,168,882
  • May 7, 2020 10:35pm May 7, 2020 10:35pm
Quoting Moty
never mess with engulfing candle . i was inspecting a retrace first , but i can settle with a later one . minor lose ( 15 $ for now in the position after a huge profit yesterday( 927 $) {image}{image}{image}{image}
imo no trade yet.
to many conflict in my charts.
i
  • #1,168,883
  • May 7, 2020 10:36pm May 7, 2020 10:36pm
I didn't expected EU to move this much, well it did and recovered from the bearish trend and now is sideways.

NFP will be the main event today, but the most important number will be the US unemployment percentage which may pass expectations (watch the calendar) and reach 20% and this is USD bearish in my opinion, but then it may recover next week, because yet investors see it like, a funding currency and Europe problems don't fall behind.

Overall I don't think that EU is going to go up far, the best strategy for me is to sell any retrace on the Daily chart.

Have a great trading.
Looking for profitable short term trades ...|
  • #1,168,884
  • May 7, 2020 10:39pm May 7, 2020 10:39pm
Morning Everyone,

Yesterday, Someone mentioned 1.085.. That was one hell of a level.
We continue South from there and leave it open for retest at NFP moment (that's if they have balls)

It's a great day and I feel good.. Let's milk it
SS
  • #1,168,885
  • May 7, 2020 10:40pm May 7, 2020 10:40pm
Quoting mistaouting
{quote} As I said I'm watching those levels...nice bounce off 0840...lots of road left to travel so I want get my hopes up yet! With a UK holiday who knows could get lucky edit: its now at 0850 still watching....will start to gauge price action with this H4 and into London H4 before I call it
You mentioned this level.. Great job man

SS
  • #1,168,886
  • May 7, 2020 11:01pm May 7, 2020 11:01pm
the baropenfib indicator i shared is doing an excellent job

yesterday it gave me a good to the pip short and then the macd / trendlines setup gave me an excellent long

i am thrilled
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  • #1,168,887
  • May 7, 2020 11:42pm May 7, 2020 11:42pm
holy shit !!!

this going to be the worst NFP in decades

both canadian and us unemployment rate is horrible
  • #1,168,888
  • May 7, 2020 11:47pm May 7, 2020 11:47pm
Quoting PatienceFx
holy shit !!! this going to be the worst NFP in decades both canadian and us unemployment rate is horrible
Those are some serious number predictions.
  • #1,168,889
  • May 7, 2020 11:50pm May 7, 2020 11:50pm
Quoting investing101
{quote} Those are some serious number predictions.
Market participants know it, its all priced in.

Unless real numbers are totally different from expectations, it should move 'normally'
COT: The precious data ignored
  • #1,168,890
  • May 7, 2020 11:56pm May 7, 2020 11:56pm
Quoting kuroro001
{quote} Market participants know it, its all priced in. Unless real numbers are totally different from expectations, it should move 'normally'
1.0816/1.0887 is the range today I don't think it is going to move outside, bears just taking a rest.
Looking for profitable short term trades ...|
  • #1,168,891
  • May 7, 2020 11:59pm May 7, 2020 11:59pm
Quoting LifeTrading
{quote} Hi Ciclop, sorry for long reply, did not see your post. The system is based on using Fibonacci levels. The sense of the strategy is to track the cyclical movement of price. Entry and exit levels determined and filtered by using simple analysis method in conjunction with Fibonacci levels.
Thanks for the respond LifeTrading. May you please advise where i can familiarize more with the system, any web resource or books. Thank you.
  • #1,168,892
  • May 8, 2020 12:00am May 8, 2020 12:00am
Quoting investing101
{quote} Those are some serious number predictions.
still useless..

macro news are totally worthless in covid19 days.
  • #1,168,893
  • May 8, 2020 12:01am May 8, 2020 12:01am
Quoting Js3mwtRc
{quote} 1.0816/1.0887 is the range today I don't think it is going to move outside, bears just taking a rest.
70 pips range is not that bad

I'd wait for some moves outside the 32/40 area

But we may not see anything strong until NFP
COT: The precious data ignored
  • #1,168,894
  • May 8, 2020 12:02am May 8, 2020 12:02am
switch to long.
i will add more if price will go to daily pivot
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yes yes yes
  • #1,168,895
  • May 8, 2020 12:07am May 8, 2020 12:07am
Quoting gatenio
{quote} still useless.. macro news are totally worthless in covid19 days.
I agree.. Nothing beats Covid-19 ATM..
The whole world can't breath and we worried about NFP numbers?
  • #1,168,896
  • May 8, 2020 12:07am May 8, 2020 12:07am
Quoting Moty
switch to long. i will add more if price will go to daily pivot {image}
it will go to the pivot 0812-0814.
i've got some problem with h4 its bullish still.
but any of the other is red.
  • #1,168,897
  • May 8, 2020 12:14am May 8, 2020 12:14am
Quoting gatenio
{quote} it will go to the pivot 0812-0814. i've got some problem with h4 its bullish still. but any of the other is red.
imo, check your watches.
3 hours from now, we might get to the pivot or be very close to. (sooner, better)

it can play around till then
  • #1,168,898
  • May 8, 2020 12:15am May 8, 2020 12:15am
1.072569 is calling for the week.
The rest is noise

SS
  • #1,168,899
  • May 8, 2020 12:20am May 8, 2020 12:20am
Bullish bullish bullish

First target 0980
and we may hope 1250 in case of the break of 1000
  • #1,168,900
  • May 8, 2020 12:45am May 8, 2020 12:45am
the bulls run is coming
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yes yes yes
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