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EURUSD

  • #1,172,161
  • Jun 10, 2020 2:31am Jun 10, 2020 2:31am
Quoting here2there
Closed my long position. EURUSD is struggling to get passed 1.135. It's important to keep in mind we are long over due for a correction. So I am playing it safe.
Good call. I'm sitting out until we get a clearer direction and higher vol
  • #1,172,162
  • Jun 10, 2020 2:38am Jun 10, 2020 2:38am
Quoting Viki84
{quote} Same here! Windows 10. mt4 every 10 minutes: waiting for update.... annoying
Quoting here2there
Closed my long position. EURUSD is struggling to get passed 1.135. It's important to keep in mind we are long over due for a correction. So I am playing it safe.

Inserted Video
  • #1,172,163
  • Jun 10, 2020 2:58am Jun 10, 2020 2:58am
SHORT 1.13550
  • #1,172,164
  • Jun 10, 2020 3:22am Jun 10, 2020 3:22am
Quoting Siame
SHORT 1.13550
Added 1.13660
  • #1,172,165
  • Jun 10, 2020 3:30am Jun 10, 2020 3:30am
understand the candle structure and PA, i do not see any shorts anywhere

candles will start making lower lows and lower highs when it happens, till then keep buying like me
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 32 KB
  • #1,172,166
  • Jun 10, 2020 3:31am Jun 10, 2020 3:31am
Quoting PatienceFx
understand the candle structure and PA, i do not see any shorts anywhere {image}
Daily and weekly could blast off anytime now.
  • #1,172,167
  • Jun 10, 2020 3:33am Jun 10, 2020 3:33am
Quoting PatienceFx
understand the candle structure and PA, i do not see any shorts anywhere candles will start making lower lows and lower highs when it happens, till then keep buying like me {image}
I think he's trading on demo acct
  • #1,172,168
  • Jun 10, 2020 3:42am Jun 10, 2020 3:42am
Quoting nathaniel
{quote} I think he's trading on demo acct
aim for the nearest bathroom door, not something miles away ; in simple words , take small steps keep collecting ; dreaming and loosing is not allowed
  • #1,172,169
  • Jun 10, 2020 3:47am Jun 10, 2020 3:47am
Quoting PatienceFx
{quote} aim for the nearest bathroom door, not something miles away ; in simple words , take small steps keep collecting ; dreaming and loosing is not allowed
Dreaming definitely not allowed. Anyway, it does look like it's coming down first, before continuing up. I was so tempted to buy the breakout but I've been burnt too many times, and last week's high will serve as a strong resistance. Without a solid push up, highly doubt we will break that high. Looking for more retracement before buying again. Hopefully we see something before FOMC
  • #1,172,170
  • Jun 10, 2020 3:48am Jun 10, 2020 3:48am
Quoting investing101
{quote} Daily and weekly could blast off anytime now.
friday high and tuesday low mark a range, a temporary pit stop

conditions are not right for shuttle launch yet

there is no room to get a good firing position
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 27 KB
  • #1,172,171
  • Jun 10, 2020 3:53am Jun 10, 2020 3:53am
Quoting nathaniel
{quote} Dreaming definitely not allowed. Anyway, it does look like it's coming down first, before continuing up. I was so tempted to buy the breakout but I've been burnt too many times, and last week's high will serve as a strong resistance. Without a solid push up, highly doubt we will break that high. Looking for more retracement before buying again. Hopefully we see something before FOMC
I think it could reach 1.14, but I don't think it will go much further than that without a correction.
Learn from your mistakes and march on.
  • #1,172,172
  • Jun 10, 2020 3:53am Jun 10, 2020 3:53am
M_R2 and D_R1 line up at 1387 so this month may see a small bear phase developing iff 1387 holds
  • #1,172,173
  • Jun 10, 2020 3:54am Jun 10, 2020 3:54am
Quoting here2there
{quote} I think it could reach 1.14, but I don't think it will go much further than that without a correction.
very correct , but let the daily / weekly form a top first
  • #1,172,174
  • Jun 10, 2020 3:59am Jun 10, 2020 3:59am
Quoting here2there
{quote} I think it could reach 1.14, but I don't think it will go much further than that without a correction.
Yeah, it only takes a small push to reach 1.14... I'd better stop looking at euro for now, it's making me sleepy
  • #1,172,175
  • Jun 10, 2020 4:07am Jun 10, 2020 4:07am
Quoting nathaniel
{quote} Yeah, it only takes a small push to reach 1.14... I'd better stop looking at euro for now, it's making me sleepy
help me find the link to this music tack, its good

Inserted Video
  • #1,172,176
  • Jun 10, 2020 4:11am Jun 10, 2020 4:11am
Quoting PatienceFx
{quote} help me find the link to this music tack, its good https://www.youtube.com/watch?v=L_m9MzNMcjM
Damn. I'm fully awake now
  • #1,172,177
  • Jun 10, 2020 4:15am Jun 10, 2020 4:15am
Quoting nathaniel
{quote} Damn. I'm fully awake now

Morning peeps!!! Ahh yes FOMC today.
people usually avoid news trading. To me... news trading is the best opportunity. If you master it... 100+ pips in minutes...
yes, I have been wrong at time but with sl ratio.... it is always worth it for me. High risk, high reward.

That being said. If Eu can push down right now, we’ll most likely have a jump upward. But I am afraid that it will keep going up.
if it continues to move upward by the time news come.
I would have to say eu drops... as much as I been saying “bull” I have to trade accordingly to my strategy. Can not be bias.
gl guys
Trade what you see, take what the market gives you.
  • #1,172,178
  • Jun 10, 2020 4:22am Jun 10, 2020 4:22am
Quoting VuLe
{quote} Morning peeps!!! Ahh yes FOMC today. people usually avoid news trading. To me... news trading is the best opportunity. If you master it... 100+ pips in minutes... yes, I have been wrong at time but with sl ratio.... it is always worth it for me. High risk, high reward. That being said. If Eu can push down right now, we’ll most likely have a jump upward. But I am afraid that it will keep going up. if it continues to move upward by the time news come. I would have to say eu drops... as much as I been saying “bull” I have to trade accordingly...
Good day!!

News trading is great, if you know what you're doing. Is 100+ pips still possible in this day and age?? I'm afraid I'll be fast asleep during the FOMC party (2am my local time).

I tried to do some news trading last Fri after the NFP news. Think the last time I did some news trading was over 6 years ago. But what do you know... I shorted too late, and only managed to close with slightly above breakeven a few hours later. Was so annoyed at myself for chasing the price. To make up for the unrealised losses, I opened up WallStreetBets on reddit, saw some recommendations, and bought a few call options (and closed on Monday market open with good profits. Don't try this at home )
  • #1,172,179
  • Jun 10, 2020 4:22am Jun 10, 2020 4:22am
Quoting VuLe
{quote} Morning peeps!!! Ahh yes FOMC today. people usually avoid news trading. To me... news trading is the best opportunity. If you master it... 100+ pips in minutes... yes, I have been wrong at time but with sl ratio.... it is always worth it for me. High risk, high reward. That being said. If Eu can push down right now, we’ll most likely have a jump upward. But I am afraid that it will keep going up. if it continues to move upward by the time news come. I would have to say eu drops... as much as I been saying “bull” I have to trade accordingly...
in that case, marking 1410 as first exit
  • #1,172,180
  • Jun 10, 2020 4:23am Jun 10, 2020 4:23am
Quoting VuLe
{quote} Morning peeps!!! Ahh yes FOMC today. people usually avoid news trading. To me... news trading is the best opportunity. If you master it... 100+ pips in minutes... yes, I have been wrong at time but with sl ratio.... it is always worth it for me. High risk, high reward. That being said. If Eu can push down right now, we’ll most likely have a jump upward. But I am afraid that it will keep going up. if it continues to move upward by the time news come. I would have to say eu drops... as much as I been saying “bull” I have to trade accordingly...
I totally agree with your analysis.

It totally represents order flow.

If it goes up b4 d news, d bulls will take profits and some bears will imcrease dre SL hoping 2 recover.
And

Viceversa
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