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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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EURUSD

Quoting princeali115
{quote} Yes I’ll admit I have traded it before but what I am saying is they move the market so it’s best to trade how they trade

Sure, how do they trade then? teach us
COT: The precious data ignored
Quoting princeali115
{quote} They don’t sit there and look at a macd and trade divergence
Never talked about MACD, but any indicator is mathematical, if you know how it works, use it at your advantage

I don't believe in any importants numbers that smart money is looking at (well they have some numbers but its only seen by the big banks, not by retailers, so its pointless to us)
COT: The precious data ignored
Quoting kuroro001
{quote} Sure, how do they trade then? teach us
They look at daily charts, support and resistance that’s it ! DONT GET ME WRONG divergence is great to trade ! Only at a key level to spot a possible reversal other then that always see the big picture
Master your mind. Master Trading.
Quoting newbegger
Been ringing the register all day long. Mostly longs but I did play one short. {image} There is a lot of resistance in the 1.10 area so I continue to cash out and reload until it breaks. Probably no break today but a lot of big news tomorrow. Price holding steady now as Beige Book coming up in 2 hours. I have longs at 1.0968, will hold them through the report as Beige Book usually not a fast mover but a steady push if it has any unexpected info. Time to cut grass, and then watch it grow, until the news event. Happy Trades
1.1027 has a tail from a hammer in July 2019 causing a pause in the uptrend. Looking for trade to slowly plow through this and continue up move today.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 85 KB
Ecclesiastes 1:9
Banks definitely trade rounded to nearest 50 or 100 using S/R

Could never imagine them like - "YEAH GUYS LETS GET THIS TO 1.10673"....

LOL
95% Fail because 95% of kids would rather be in the playground
Quoting kuroro001
{quote} Sure, how do they trade then? teach us
They check where we put our SL and go slowly in this direction. When they took our money and that we think direction changed, and placed some order, they go the other direction to take out the other SL.
Simple
I believe this move up is all about eating stop losses. It's the market maker's dirty way of winning.
You don't know because you don't ask.
Quoting newbegger
{quote} 1.1027 has a tail from a hammer in July 2019 causing a pause in the uptrend. Looking for trade to slowly plow through this and continue up move today. {image}

Slowly?

I need this to finish off this top so that we can get back with the long term downtrend.

Will use this area to build up short positions.
95% Fail because 95% of kids would rather be in the playground
TP on longs...will wait for H4 before taking larger position but will scalp short here
in short at 1038 tp at 1000 depending on price action
LOCK IN RE-ENTER
Quoting princeali115
{quote} They look at daily charts, support and resistance that’s it ! DONT GET ME WRONG divergence is great to trade ! Only at a key level to spot a possible reversal other then that always see the big picture
Price is the only thing they care about. They have massive orders to fill. Therefore, they must manipulate in order to fill those orders. It doesn't always work out in their favor, of course, but most of the time it does. Hence they are called Market Makers.

As for the technical stuff, most of it is there only to deceive the retail trader into thinking he or she has an edge. They want the retail trader to think that way, because it is the pathway to pride which comes before a fall.
You don't know because you don't ask.
hrmm seeing if DXY can find support at 98.8
H= 1.10 41 ....Minimum upside target attained..... Time to exit my longs.....
bearish div on every tf, starting to add shorts here at 1.1038. Will add more as we go up
COT: The precious data ignored
DXY about to jump off support, good places to ladder in shorts imo
Quoting kuroro001
bearish div on every tf, starting to add shorts here at 1.1038. Will add more as we go up
Would you please clarify where do you see bearish divergence??
Quoting RedCable
{quote} Would you please clarify where do you see bearish divergence??
I use the ultimate oscillator indicator (check the h1/h4 tf)
COT: The precious data ignored
just closed my long with almost 40pips ..
Work Hard In Silence, Let Your Success Be Your Noise.
holding some underwater shorts, last bearish EURUSD scenario i'm considering is DXY finding support at 98.65, EUR hitting a missed daily pivot from 3/31 @ 1.106ish as a top. if those don't signal a reversal will close out my shorts.
Adding small piece 1.1047.

I'll wait now for h1 reversal candle.
COT: The precious data ignored
H= 1.10 49 Short here and again at 60 ...IF seen........
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