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  • #1,171,561
  • Jun 3, 2020 10:48am Jun 3, 2020 10:48am
Quoting Catempire
{quote} Why ? E/U is up 600 points in 6 weeks, are you struggling to see the direction ?
It's been all over the place. Look at the weekly chart.
Learn from your mistakes and march on.
  • #1,171,562
  • Jun 3, 2020 10:54am Jun 3, 2020 10:54am
Quoting nessus94
{quote} Doubling lots at 1,1240
Keep adding, 1,1245

Easy money
Make money by doing the opposite of Giveachance aka loser
  • #1,171,563
  • Jun 3, 2020 10:58am Jun 3, 2020 10:58am
Quoting Techanalyst
{quote} Are you sure it has been up for 6 weeks? Looking at daily chart, and as of today it has been up for 7 days... HAHA i misread what you wrote. I understand now. I apologize. But it has not been up 600 pips, it looks like it has been around 480 pips in 6 weeks. {image}
I was just making the point that the direction is Up & from the levels we have seen for the last 7 / 10 weeks could be for a long while to come.
Que Sera
  • #1,171,564
  • Jun 3, 2020 10:59am Jun 3, 2020 10:59am
Quoting Techanalyst
{quote} Are you sure it has been up for 6 weeks? Looking at daily chart, and as of today it has been up for 7 days... HAHA i misread what you wrote. I understand now. I apologize. But it has not been up 600 pips, it looks like it has been around 480 pips in 6 weeks. {image}
though enough and still may more too , wating
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,171,565
  • Jun 3, 2020 11:05am Jun 3, 2020 11:05am
Quoting Matts Micro
{quote} Excellent confirmation on the 4hr entry signal for my system. Not saying it's a fore-sure thing but if I win I win if not then next trade, it's about probabilities not certainties. {image}
Had increased momentum to the topside so decreased risk. SL -14pips.
As the lights go by so too do the shadows move
  • #1,171,566
  • Jun 3, 2020 11:15am Jun 3, 2020 11:15am
Market sentiment is right again. (This is joke of course, people lose like hell and still selling.. Oh God..) Not hard to know where market will want go.
Let's go to 1.1285

SF
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  • #1,171,567
  • Jun 3, 2020 11:16am Jun 3, 2020 11:16am
During the 2008 credit crisis and declining markets in 2008 we saw the euro/usd drop from c16000 to c12800 over the course of 12 weeks

following the move down we saw consolidation and then a sharp move north covering 2000 pips over a 2 week period to settle 1500 points off the lows.
Que Sera
  • #1,171,568
  • Jun 3, 2020 11:26am Jun 3, 2020 11:26am
There’s a nice gap at c15500 that’s never been covered
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Que Sera
  • #1,171,569
  • Jun 3, 2020 12:10pm Jun 3, 2020 12:10pm
Quoting KasiFlavour
{quote} You condemned looters and said nothing about the system of oppression...
I thought you might be interested in seeing this: https://disrn.com/news/retired-st-lo...-david-dorn-77

Racism is wrong. There is no denying that. But the actions of the looters are also wrong.
Learn from your mistakes and march on.
  • #1,171,570
  • Jun 3, 2020 12:24pm Jun 3, 2020 12:24pm
Quoting Walz
Bulls go their way. Please look at H1 chart. EU price creates Higher Highs and Higher Lows. No serious signal of a bullish trend change. For me it seems reasonable to wait for a sign of weakness like Lower High and Lower Low.
Nothing has changed for me. H1 middle Bollinger Band still defends bulls. H4 middle Bollinger Band shows direction where we are going. Bears are sleeping.
  • #1,171,571
  • Jun 3, 2020 12:43pm Jun 3, 2020 12:43pm
Quoting PatienceFx
{quote} alternatively sma 20 / 40 and weekly pivot on h1 have fun as a swing trader , hold trades from swing to swing {image}
Please am i to use either of the SMA or both ?
Thanks
  • #1,171,572
  • Jun 3, 2020 12:47pm Jun 3, 2020 12:47pm
Quoting Walz
{quote} ...Bears are sleeping.
I disagree. Bears aren't sleeping. Bears are being severely suppressed by people with deep pockets (market makers).

Sentiment shows a different story.

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Source
Learn from your mistakes and march on.
  • #1,171,573
  • Jun 3, 2020 1:28pm Jun 3, 2020 1:28pm
Just checking usdx, as on supports and may try bounce enough!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,171,574
  • Jun 3, 2020 1:38pm Jun 3, 2020 1:38pm
Quoting here2there
{quote} I thought you might be interested in seeing this: https://disrn.com/news/retired-st-lo...-david-dorn-77 Racism is wrong. There is no denying that. But the actions of the looters are also wrong.
He won't get that, because he is brainless. He is probably the same as some of those that are looting and rioting and they don't even know why. They are there to distruct, rob, burn, people stores that worked hard for it. Also there are protesters that are protesting in peace, and those do get attention from all of us and we are willing to help and show support. As for riots and looters, they need to be arrested, do jail time and pay for any damages done to the businesses and other real estate buildings. This was a protest and riot for what happened to George RIP. It turned out into burning, and robbing. Bunch of thugs mixed with protesters that are trying to protest in a smart way. People will know and recognize who did what.
  • #1,171,575
  • Jun 3, 2020 1:48pm Jun 3, 2020 1:48pm
I am no longer a USD bull. I will be looking for opportunities to trade against USD. Until this COVID-19 threat is cleared and the nonsensical rioting and looting is put to an end, I only see USD continuing to decline in value.
Learn from your mistakes and march on.
  • #1,171,576
  • Edited 3:39pm Jun 3, 2020 2:00pm | Edited 3:39pm
Imo if we get a daily close above my current SL could be looking at a sharp increase of demand buyers (blue arrows) coming on board.
Will possibly add to position if PA dictates.
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As the lights go by so too do the shadows move
  • #1,171,577
  • Jun 3, 2020 2:09pm Jun 3, 2020 2:09pm
Quoting Matts Micro
Imo if we get a daily close above my current SL could be looking at a sharp increase of demand buyers (blue arrows) coming on board. Will possibly add to position if PA dictates. {image}
Usd is headed on one direction over the next few months and possibly longer ... given the increase of negative news surrounding the dollar and trumps use of financial sanctions I would not at all be surprised to see a very bold move at some point.
Que Sera
  • #1,171,578
  • Jun 3, 2020 2:23pm Jun 3, 2020 2:23pm
Quoting Catempire
{quote} Usd is headed on one direction over the next few months and possibly longer ... given the increase of negative news surrounding the dollar and trumps use of financial sanctions I would not at all be surprised to see a very bold move at some point.
I don't really trade fundies. It's always at the back of the mind but I only trade what I see (TA).

Don't forget it always takes 2 to tango ie +euro. There will also always be market makers on board and they will fetch a price down or up regardless of trump tweets etc to clean themselves of positions which could mean eg 100-300 pip corrections. I don't play with that sort of DD. One of the reasons (hard learnt) I don't trade on the news.
As the lights go by so too do the shadows move
  • #1,171,579
  • Jun 3, 2020 2:33pm Jun 3, 2020 2:33pm
Quoting Matts Micro
{quote} I don't really trade fundies. It's always at the back of the mind but I only trade what I see (TA)...
A trader ignores fundamentals at his or her own peril. I used to think TA was where it was at until COVID-19 taught me some hard lessons!
Learn from your mistakes and march on.
  • #1,171,580
  • Jun 3, 2020 2:52pm Jun 3, 2020 2:52pm
Quoting here2there
{quote} A trader ignores fundamentals at his or her own peril. I used to think TA was where it was at until COVID-19 taught me some hard lessons!
Imo there was no reading something like the covid outbreak fundies or otherwise considering we had a 700 pip liftoff and then a 850 pip drop. I obviously stand aside for the large news such as the NFP and also be aware of such current events but personally don't use them as a trading tool. Not giving advise because a persons trading strategy can be as individual as a finger print.

PA does speak a language it's just highly encrypted and obviously not 100% right all the time (though can be mostly still followed in past tense). Not saying I'm any sort of guru but I can spell "c.a.t." and it's a start.
As the lights go by so too do the shadows move
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