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EURUSD only

  • #111,021
  • Jun 19, 2020 11:16am Jun 19, 2020 11:16am
Hi Guys,

Important level for me here at my weekly support 1 at 1.11689 with an exact touch. This bear move has been rather sluggish over the last two weeks. From past experiences, we could reverse from the 20th going into the month-end, but not cast in stone. I do not have bullish signals yet but will update accordingly next week if and when I get them.

Have a great weekend,
Cheers.
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Trade to trade another day
  • #111,022
  • Jun 19, 2020 11:43am Jun 19, 2020 11:43am
Quoting Traderview
{quote} In this WMA, IMO- 2/3 rd of the price or candle should be above the line. Then it'll give you the concrete sign. But here, only candle closed but the 75% the price is within the line. So i wouldn't take it it as a sign.
Man I studied these things for long time.. I know what I am talking about.. What you are saying is totally by just looking at one candle.. That's not how patterns are discovered.. Here more examples from the past for you.. But never mind.. It is my own world of experimenting.. I understand that many will not understand.. All well!

Stay Green
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Focus only on what truly matters!
  • #111,023
  • Jun 19, 2020 11:49am Jun 19, 2020 11:49am
11 more minutes for H4 candle close on my broker.. More H4 bear candles after that to expect! Marking 1.12155 as crucial resistance!

Stay Green
Focus only on what truly matters!
  • #111,024
  • Jun 19, 2020 12:13pm Jun 19, 2020 12:13pm
imo next week:
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  • #111,025
  • Jun 19, 2020 12:22pm Jun 19, 2020 12:22pm
I have a subtle feeling a spike could be on the way with a target of 1.10931. Meanwhile I have cashed in my shorts... We actually hit a confluence of support that i failed to note while determining my tp.
I bought @ 1.11880
Sl just below today's low
Risk comes from not knowing what to do
  • #111,026
  • Jun 19, 2020 12:53pm Jun 19, 2020 12:53pm
Quoting yvestrcz
{quote} Thank you so much! I set my TP @ 1.11655. Good night everyone! Ivo
did you take it? Low was at 1.11682... quite close
  • #111,027
  • Jun 19, 2020 12:57pm Jun 19, 2020 12:57pm
Quoting Austyno
I have a subtle feeling a spike could be on the way with a target of 1.10931. Meanwhile I have cashed in my shorts... We actually hit a confluence of support that i failed to note while determining my tp. I bought @ 1.11880 Sl just below today's low
Excellent entry ... stoploss should be around 1.1160
  • #111,028
  • Jun 19, 2020 1:03pm Jun 19, 2020 1:03pm
The bull is still struggling, we will see on Monday. happy weekend all
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https://investizo.com/investment/view?server=1&login=2141779119
  • #111,029
  • Jun 19, 2020 1:10pm Jun 19, 2020 1:10pm
Quoting Austyno
I have a subtle feeling a spike could be on the way with a target of 1.10931. Meanwhile I have cashed in my shorts... We actually hit a confluence of support that i failed to note while determining my tp. I bought @ 1.11880 Sl just below today's low
I feel you bro. Also 1.108- 1.11 could turn out to be a good buying zone. Have a look at dollar index chart , it's trading in a beautiful channel & EU following it quite well. Also the aforementioned levels coincide with dxy resistance. Let's see.
  • #111,030
  • Edited 3:53pm Jun 19, 2020 1:23pm | Edited 3:53pm
Again little savage trade:
long 1.1179
more or less a scalp
but who knows

Edit: SL now: 1.11754

Edit: Sl now: magic number: 1.11865
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #111,031
  • Jun 19, 2020 1:47pm Jun 19, 2020 1:47pm
H1 Status Update

Some of you might have already gone long but I don't buy while H1 candles still open below 1.11888.. and again: While candles are below GREEN line focus on Dashed BLUE TL and BLUE TL..

Calling it a day and week.. Wishing you all a happy weekend folks

Stay Green
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Focus only on what truly matters!
  • #111,032
  • Jun 19, 2020 1:58pm Jun 19, 2020 1:58pm
Hi Guys,
I don't want to jump the gun here. Based on my monthly line chart I am seeing changes that I have not seen since April 2018. This means something to me. Does it mean I will just jump into buy trades?. Absolutely not, I will play it day by day.

Trade Safe.
Cheers
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Trade to trade another day
  • #111,033
  • Jun 19, 2020 3:58pm Jun 19, 2020 3:58pm
Bought 1/4 position for over WE at 1.11785
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #111,034
  • Jun 19, 2020 4:30pm Jun 19, 2020 4:30pm
Quoting Wavegarrick
Hi Guys, I don't want to jump the gun here. Based on my monthly line chart I am seeing changes that I have not seen since April 2018. This means something to me. Does it mean I will just jump into buy trades?. Absolutely not, I will play it day by day. Trade Safe. Cheers {image}
You made me curious to play a little bit with some (good) indicators on the monthly chart. This one already looks interesting:
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  • #111,035
  • Jun 20, 2020 4:46am Jun 20, 2020 4:46am
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  • #111,036
  • Jun 20, 2020 5:07am Jun 20, 2020 5:07am
Cui bono, we have to ask...:

The Recent Drop In The US Dollar Is Only The Beginning, Says Goldman Sachs
https://www.forbes.com/sites/simonco.../#4cea890f6983

but would correspond to what Wavegarrick saw in the monthly chart
  • #111,037
  • Jun 20, 2020 6:39am Jun 20, 2020 6:39am
Weekend observations
  • #111,038
  • Jun 20, 2020 11:47am Jun 20, 2020 11:47am
friday doing its best to play the fool ... but all as clear as crystal ... all trades handsome winners last week
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twitter: @gettoefl
  • #111,039
  • Jun 20, 2020 3:32pm Jun 20, 2020 3:32pm
Quoting jonasdao
Bought 1/4 position for over WE at 1.11785
1178.

I'm afraid it's too early to buy my friend.

I'm waiting . May buy 1.11 or 1050....

Better wait, than risk losing big...

Then again - you may trade small frames.?
GL.
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Beware of robber banks (RB), bad advisors.
  • #111,040
  • Jun 20, 2020 3:37pm Jun 20, 2020 3:37pm
Quoting jonasdao
Again little savage trade: long 1.1179 more or less a scalp but who knows
Edit: SL now: 1.11754 Edit: Sl now: magic number: 1.11865
Woww??

That stop is like the SPREAD

Don't do this on Friday evening ... Just saying....

OandAa - the scammers open with 10-40 pips spread . Not points. Pips!!!! Then again - old memories .

Beware
Beware of robber banks (RB), bad advisors.
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