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The Swamp

  • #66,541
  • Jun 4, 2020 1:18pm Jun 4, 2020 1:18pm
Quoting longfellow
How reassuring to have a former skin model running a FEMA briefing on hurricane preparedness as Cristobal gathers strength for its run at the gulf coast. {image}

I for one say. She cant do no worse than, the moron sugar daddy.

https://en.wikipedia.org/wiki/Hurric...evastation%22.
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those who can, do. those who cant, talk about those who can
  • #66,542
  • Jun 4, 2020 2:30pm Jun 4, 2020 2:30pm
Quoting keongzai94
EU pending short from 1360 activated, TP at 1315, SL 1375.
Out both manually, +40 pips total. Will re-enter if they test the high again.
  • #66,543
  • Jun 4, 2020 2:32pm Jun 4, 2020 2:32pm
march 9 high 1h made 4 pushes.
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those who can, do. those who cant, talk about those who can
  • #66,544
  • Jun 4, 2020 2:37pm Jun 4, 2020 2:37pm
EU for educational purposes only 1st chart

CADJPY for educational purposes 2nd chart:
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  • #66,545
  • Jun 4, 2020 3:49pm Jun 4, 2020 3:49pm
Quoting Avir
There was this Broken Wedge on Daily i have been watching , Bulls has bit more to go {image}
Updated Chart ,

There is another broken Wedge & a Triangle , All pointing up
and PA wise Bears are no ware to be seen
March 9th high and This week's R3 @1483 is what doing my eyes

Be back later

Live chart :https://www.tradingview.com/x/AhJcTvn5/
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #66,546
  • Jun 4, 2020 3:53pm Jun 4, 2020 3:53pm
Quoting gatorinla
march 9 high 1h made 4 pushes. {image}
yup, it was painful to watch

but it was 2 days before i went into self isolation for the next 6 weeks because of COVID-19 - surviving that bitch was un-explainable
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #66,547
  • Jun 4, 2020 4:09pm Jun 4, 2020 4:09pm
Eur datapoints atm.. the longest H1 run on my watch with 204 hours already ....currently testing weekly downtrend stop at 1241, which I noted early.
lets see tomorrow bears can defend the weekly stop at NY close..almost 100 pips below from here
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  • #66,548
  • Jun 4, 2020 4:16pm Jun 4, 2020 4:16pm
6/5/2020 EU trading levels.. next to print 1315 or 1361

RU R3 ----------1.1504
DP R3 ----------1.1464
RU R2 ----------1.1427
DP R2 ----------1.1400
MP R3 ----------1.1385
RU R1 ----------1.1380
DP R1 ----------1.1361
WP R3 ----------1.1315
DP PP ----------1.1297
RU S1 ----------1.1288
RU S2 ----------1.1242
MP R2 ----------1.1240
DP S1 ----------1.1233
WP R2 ----------1.1211
DP S2 ----------1.1194
RU S3 ----------1.1164
  • #66,549
  • Jun 4, 2020 4:22pm Jun 4, 2020 4:22pm
A bit of fundamentals if you all care for it:

So the talk is that there's way too much money going around and not a whole lot of places to put it. So bonds and equities get the most of the qe money. We have 2 trillion from fed. 600 bil from eu. And 1.1 trillion from japan.

The money has to go somewhere. Which explains why despite all the negative headlines, the equities refuse to fall. And that risk on is spilling over to fx markets.

So going forward, stay short dollar. Long euro, aud ,nzd.
Stay long crossyen.

I'm going to be buying eurusd any chance I get. At least until 1.14
  • #66,550
  • Jun 4, 2020 4:59pm Jun 4, 2020 4:59pm
I dont see EU closing higher at this point its so over extended on the daily and weekly.. I am just a spectator at this point. I have pending orders at the low of all the daily candles for a sell position. I think gatorlina was correct in grid selling EU a couple of days ago to me its conservative and the safest trade.

It may not have been what gatorlina was expressing. Its the way I precieved the comment.
  • #66,551
  • Jun 4, 2020 5:02pm Jun 4, 2020 5:02pm
With this pattern it looks like 1.1525 is now achievable
  • #66,552
  • Jun 4, 2020 5:10pm Jun 4, 2020 5:10pm
Quoting mars1
With this pattern it looks like 1.1525 is now achievable
To me you sound passionate about that price level. What patterns should I be looking for? and what TF
  • #66,553
  • Edited 5:31pm Jun 4, 2020 5:11pm | Edited 5:31pm
Good Morning

Today's Support & Resistance levels for #EURUSD on Meta Trader Templates

EURO S/R
EURO CONFULUENCE POWER ZONES

https://www.forexfactory.com/showthr...1#post12984641

Numbers Thanks to @ToTheTick
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #66,554
  • Jun 4, 2020 5:13pm Jun 4, 2020 5:13pm
Quoting q_import
{quote} To me you sound passionate about that price level. What patterns should I be looking for? and what TF
I had to switch to weekly TF. Look to your left and you will see the candle at 1525. Just a possibility. Nothing is certain in trading. But im leaning towards more upside
  • #66,555
  • Jun 4, 2020 5:16pm Jun 4, 2020 5:16pm
Quoting mars1
{quote} I had to switch to weekly TF. Look to your left and you will see the candle at 1525. Just a possibility. Nothing is certain in trading. But im leaning towards more upside
For now 1405 is the level to be broken to reach the 15xx area
  • #66,556
  • Jun 4, 2020 5:18pm Jun 4, 2020 5:18pm
Buy is in. I am currently 1k in profit

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  • #66,557
  • Jun 4, 2020 5:22pm Jun 4, 2020 5:22pm
Quoting mars1
{quote} I had to switch to weekly TF. Look to your left and you will see the candle at 1525. Just a possibility. Nothing is certain in trading. But im leaning towards more upside
Thank you Be cautious trading it gets the best of people at times.

I think its a possibility to.

Every trade I make have a backup trade there should be a 3 positions to every 1 you are planning to make to offset the risk.
If you are trading 2 pairs you should be trading 6.
When I trade EU I trade GU and EG Each one has a different Margin and Range that helps offset the risk..
  • #66,558
  • Jun 4, 2020 5:53pm Jun 4, 2020 5:53pm
Quoting mars1
Buy is in. I am currently 1k in profit {image}
I think that's kinda early to go in... I'd probably test waters around 1313
  • #66,559
  • Jun 4, 2020 5:55pm Jun 4, 2020 5:55pm
Quoting mars1
{quote} For now 1405 is the level to be broken to reach the 15xx area
To give you an example on 6/1 Daily:
We have EG huge bear bar
EU small bar
GU huge bar

We know that EG is made by EU(/) GU to create price of EG
If EU and GU go up EG goes up
If EU and GU go down EG goes down
Last one is CHOP for EG 1 up 1 down doesnt matter

Buy EG buy EU and GU next day.
EG was the free trade. EU and GU was the risk.
  • #66,560
  • Jun 4, 2020 6:53pm Jun 4, 2020 6:53pm
i think bears may be spread too thin.
Many levels.
So bulls have opportunity on 1595
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