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  • #108,861
  • May 8, 2020 5:12am May 8, 2020 5:12am
Quoting Traderview
{quote} 1.1084 is a good spot to sell. It's a monthly 23% fib, given top 1.25 and bottom 1.0630. In my view, the last 4 days of downtrend is to lower the movement on the upper handle above 1.10 - 12. So i think hitting 1.108 today unlikely.
yes, tp is 107625 at eod if things go according to the best laid plans
twitter: @gettoefl
  • #108,862
  • May 8, 2020 5:47am May 8, 2020 5:47am
Daily S/R Levels for Today

We must watch 1.0845 monthly S/R level today.. I believe NFP is already priced in somehow but one can never know.. Don't invest too much in any direction just yet.. Trade safe folks

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-SR-Levels.png Size: 31 KB
Focus only on what truly matters!
  • #108,863
  • May 8, 2020 5:52am May 8, 2020 5:52am
Quoting dynadedoyin
{quote} It seem like MACD on your chart is now bullish....just an observation, or what do you think?
Agree. Looks bullish.
But the distance from the H1 500 SMA (red) is only ~100 pips.
Usually this distance needs to be ~150 pips for a reversal to happen.
Thus bears not done.
This up move is dangerous if you are long.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200508-185021_MetaTrader 4.jpg Size: 322 KB
  • #108,864
  • May 8, 2020 7:29am May 8, 2020 7:29am
Quoting majorpears
I think it's time to buy. Buy Limit executed at 1.08270. A Buy Stop added at 1.08480. Will keep TP open on both trades. Indicators bullish on H4. Mixed on D1. Good Luck everybody. Hoping Tonights NFP works in the Bulls favour. {image}
Second buy stop executed at 1.08480. 2 mins to go till showtime
  • #108,865
  • May 8, 2020 7:41am May 8, 2020 7:41am
Green data all the way... Bulls run!!!
Risk comes from not knowing what to do
  • #108,866
  • May 8, 2020 7:47am May 8, 2020 7:47am
Trump must be proud to have highest unemployment
Fundamental provide Volume, Technical shows Direction
  • #108,867
  • May 8, 2020 8:03am May 8, 2020 8:03am
Short 0835-0824, for 50-60 pips
  • #108,868
  • May 8, 2020 8:37am May 8, 2020 8:37am
The 4hr didn't close above 1.0836 which is 23% fib on weekly. The NFP has already been priced in, but i think we might see a move later hr of this 4hr. Bulls need candle to close above 1.0836 - 1.0845.

In the mean time, this same place could also act as the resistance.
  • #108,869
  • May 8, 2020 8:45am May 8, 2020 8:45am
Quoting Fxminer
Short 0835-0824, for 50-60 pips
Closed Short, Long 0831-0836
  • #108,870
  • May 8, 2020 8:46am May 8, 2020 8:46am
I believe the BULLS are still in control of this market
I think the market is just trying to fool more BEARS into the BEAR-TRAP

in the nearest future i believe the BULLS will starts bullying the BEARS

if you know, you know..
My goal is what keeps me going...
  • #108,871
  • Edited 10:00am May 8, 2020 9:02am | Edited 10:00am
Minimum risk, I'm long @ 1.08063 with SR @ 1.07262
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 58 KB
  • #108,872
  • May 8, 2020 9:19am May 8, 2020 9:19am
Good next week is all ours no boring news events to disturb.
BARAK
  • #108,873
  • May 8, 2020 9:24am May 8, 2020 9:24am
Try a long here: 1.0835. Stops below 0800.
  • #108,874
  • May 8, 2020 9:25am May 8, 2020 9:25am
Bought at 1.08151, I'm way long on this one.
MFZOWEST Return Today: na
  • #108,875
  • May 8, 2020 9:31am May 8, 2020 9:31am
Now price hold at ZOT zone and ZOP in time slope up. Will wait ZOP change color then buy it but buying early here is also good.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 84 KB
Keep the faith and keep going
  • #108,876
  • May 8, 2020 9:42am May 8, 2020 9:42am
Quoting Niily
Now price hold at ZOT zone and ZOP in time slope up. Will wait ZOP change color then buy it but buying early here is also good. {image}
Buying too early is bad, but if you bought at 1.08151 then you're good
MFZOWEST Return Today: na
  • #108,877
  • May 8, 2020 9:59am May 8, 2020 9:59am
Quoting Ata-Turkoglu
I detected a "3 White Soldiers" candlestick pattern on H4.. It seems to be a clean one.. This pattern is interpreted as "downtrend is over"... Therefore I would suggest to keep buying dips.. Right after the 3 soldier candles market might print a couple of boring indecision candles so I suggest that you don't get excited for volume in the next 9 hours especially until NFP numbers come out.. For bulls today could be a day of "patience"! Time will tell.. Stay Green
Patience finally pays out for bulls..

Stay Green
Focus only on what truly matters!
  • #108,878
  • May 8, 2020 10:02am May 8, 2020 10:02am
Quoting Wavegarrick
Hi Guys, Subtle bullish hints with a nice bounce off my monthly support 1 at 1.07691. I have not entered buy trades yet. Will have to see how this plays out, bearing in mind that today is NFP. My daily pivot 1.08144 could be tested and will monitor price action around there. Trade safe, Cheers. {image}
Buy trades taken from my daily pivot. Trail stops by 50 pips.

Have a great weekend.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_497.png Size: 104 KB
Trade to trade another day
  • #108,879
  • May 8, 2020 10:12am May 8, 2020 10:12am
H1 Status Update (Hygienic Version)

So far so good.. now waiting for some correction and hopefully bulls will try again ramming strong resistance area sitting around 1.0875/95...

*1.0835 area is currently nearest support!

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update-Corona.png Size: 28 KB
Focus only on what truly matters!
  • #108,880
  • May 8, 2020 10:14am May 8, 2020 10:14am
Quoting gettoefl
sell 10840 sl 20
out -20
twitter: @gettoefl
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