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EURUSD

  • #1,170,061
  • May 18, 2020 9:28am May 18, 2020 9:28am
Quoting mistaouting
{quote} London close? Yea you get 1of3 options there....sell off, sideways low volume, or a buy up lol....luckily that hardly ever happens. I think the market may convince you before the London close watch closely in the next hour or 2 if you don't have stop losses set
Ok
  • #1,170,062
  • May 18, 2020 10:25am May 18, 2020 10:25am
Quoting mistaouting
{quote} well hopefully this wasn't the "count DOWN" before the take off
Well it's taking off like a rocket now...
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #1,170,063
  • May 18, 2020 10:26am May 18, 2020 10:26am
Quoting stjoeforex
{quote} Well it's taking off like a rocket now...
not quite....just a little sputter lol

EDIT: but enough for me to call it day...between the EURO and GBP
EDIT: London close may give a drawdown to the Bulls....but ill only use for adding position until she really ready for the bears
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  • #1,170,064
  • May 18, 2020 10:29am May 18, 2020 10:29am
Quoting mistaouting
{quote} not quite....just a little sputter lol EDIT: but enough for me to call it day...between the EURO and GBP
Good day buddy.
  • #1,170,065
  • May 18, 2020 10:31am May 18, 2020 10:31am
busy monday
Work Hard In Silence, Let Your Success Be Your Noise.
  • #1,170,066
  • May 18, 2020 10:41am May 18, 2020 10:41am
Quoting PatienceFx
{image}
why ?
what was the reason ?
Work Hard In Silence, Let Your Success Be Your Noise.
  • #1,170,067
  • May 18, 2020 10:42am May 18, 2020 10:42am
Quoting mistaouting
waiting on this H4 close and price action in next H4 close to get a good bead on direction....had short through Asia and London which I closed....I was bullish last week and still bullish today....I have a long position at 0811 but again watching H4 close and price action in next H4....I wouldn't expect much action after London close....but I think we are getting close to breakout on the daily chart either north or south intraday day 0817-18 would be a good bullish resistance level to break 0810-07 would be a good support to water EDIT: other supports...
Beat last week high...still room to go north further into the week...pending todays close may carry long positions looking for a close above 0900 if she gets that after the London close that would be impressive
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  • #1,170,068
  • May 18, 2020 10:45am May 18, 2020 10:45am
Quoting keep4x
{quote} why ? what was the reason ?
I could see why anyone would want to short near the day high or that area....for the past several days those highs lead to a nice reversal to the downside...just hasn't happened and may not happen today

EDIT: Not to say that was his reason
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  • #1,170,069
  • May 18, 2020 10:48am May 18, 2020 10:48am
Quoting mistaouting
{quote} I could see why anyone would want to short near the day high or that area....for the past several days those highs lead to a nice reversal to the downside...just hasn't happened and may not happen today
that's kind of gambling isn't
Work Hard In Silence, Let Your Success Be Your Noise.
  • #1,170,070
  • May 18, 2020 10:51am May 18, 2020 10:51am
This is why EURUSD went up:

https://www.forexfactory.com/news/99...rants-no-loans
  • #1,170,071
  • May 18, 2020 10:53am May 18, 2020 10:53am
Quoting keep4x
{quote} that's kind of gambling isn't
I wouldn't think so....it all gamboling....no one knows which way with 100% certainty (EDIT: Ill say those times are there and don't come often) where the market is going...even if your 90% sure still a gamble on the 10%....poker players gamble...good ones use statistics I hope....so "gamble" could have a negative connotation buts its all gambling

we all use past data to make calls on future price action....averages based on past data S&R based on past data and so on

Quoting Techanalyst
This is why EURUSD went up: https://www.forexfactory.com/news/99...rants-no-loans
Don't know if its that simple....the USD is down today the EURO is not the only thing up on the USD today...even the GBP is up and they were mentions of the GBP and negative rates the other day....market is risk on today....

EDIT: any bad news up virus and possibilities of virus would send a rush back to usd...which is really down bad but went down enough today to make some nice moves across other currencies
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  • #1,170,072
  • May 18, 2020 11:08am May 18, 2020 11:08am
Quoting mistaouting
{quote} I wouldn't think so....it all gamboling....no one knows which way with 100% certainty (EDIT: Ill say those times are there and don't come often) where the market is going...even if your 90% sure still a gamble on the 10%....poker players gamble...good ones use statistics I hope....so "gamble" could have a negative connotation buts its all gambling we all use past data to make calls on future price action....averages based on past data S&R based on past data and so on {quote} Don't know if its that simple....the USD is down today the EURO...
The website I paste, that is the reason EUR went up. GBP is in Europe so it will have an effect too.
  • #1,170,073
  • May 18, 2020 11:10am May 18, 2020 11:10am
Quoting Techanalyst
{quote} The website I paste, that is the reason EUR went up. GBP is in Europe so it will have an effect too.
Ummmm….
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  • #1,170,074
  • May 18, 2020 11:10am May 18, 2020 11:10am
ok towards 1,0960 ++ for next swing up. lets see
breaks 1.1018 signal for 1.1197 d top
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,170,075
  • May 18, 2020 11:11am May 18, 2020 11:11am
Quoting mistaouting
{quote} Ummmm….
Why are you so confused?
  • #1,170,076
  • May 18, 2020 11:13am May 18, 2020 11:13am
what we can do....

my indy cant read candle movement today
  • #1,170,077
  • May 18, 2020 11:18am May 18, 2020 11:18am
Quoting Techanalyst
{quote} Why are you so confused?
No reason
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  • #1,170,078
  • May 18, 2020 11:22am May 18, 2020 11:22am
Quoting mistaouting
{quote} No reason
So your with "ummm" just confuse with no reason... ok.
  • #1,170,079
  • May 18, 2020 11:27am May 18, 2020 11:27am
That whole rally is just an INTERVENTION from the SUCKER SNB!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,170,080
  • May 18, 2020 11:29am May 18, 2020 11:29am
Quoting Techanalyst
{quote} So your with "ummm" just confuse with no reason... ok.
is that why AUD/USD and the NZD/USD went up....is that why USD/CAD and USD/CHF went down? What do they have in common? USD? If dollar looses or gains value all of those move in accordance.


You said that that the GBP was in Europe....that was confusing...two different currencies two different central banks (two different economies...not to mention brexit) ...Pound selling off at close of London session.. eruo didn't two different risk currently....

Mexico & Canada are in North America but I don't see the peso moving lock in step with the usd or loonie just like I don't see the pound moving lock in step with the euro

but im sure they all share some sort of correlation....so I get what your saying sorta

EDIT: Fact of the matter is I think it has more to do with risk on with in the market today....more optimistic about economies getting back up and running and progress with vaccine....so some of those who ran to the USD as a safe haven...took on some risk today selling usd and moving risker assets....but one bump in the road and they may run back to the USD

EDIT: not to mention that's on at tweet

  1. Merkel: Recovery fund should give grants, no loans to member states

key word "SHOULD"

You think USD went down today because of that? I think not!

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