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Trading EURUSD only 43,755 replies

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EURUSD only

Quoting Compound
{quote} tomorrow will look bright direction. and as usual, Mr Wednesday takes a correction before continuing the trend
Hi Compound,
Thanks, Buddy,
Opened another buy trade at 1.12495 with a 25 pip stop. Not a trade I would recommend at these levels, but only based on momentum. I do believe a breakout of my descending trendline at 1.12676 ish could be good for bulls for a test of my weekly res 1 at 1.12971. I take it day by day. As for a Wednesday reversal, we probably have slightly different views, I believe in Thursday reversals. All good as no belief will ever be the same.
Cheers
Leon
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Trade to trade another day
Quoting Compound
{quote} The EURUSD cycle closes at 1.11681 and will usually bounce from 80 to 120 pips, but if I move up to 150 pips I will follow the trend, of course I will buy at the lowest price. But if the price bounces at 1.126 or 1.129 I will consider going short again. The goals that can be achieved in the future, namely, to buff 1,142 to 1,146. While for bears 1,101 to 1,097. {image}
It's similar to a bull. Flag pennant pattern, it is clearly visible. But I will be careful to go up 50 pips from today's highest price
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There is no perfect system
Quoting jonasdao
{quote} If it gets over 1.126 again I will not tolerate another fall below that line again and will be putting my SL at ~1.1254. After that I will not touch it anymore and will let it trail with 53 Pips SL. Will start taking profit at 1.1315 1/3 1.134 1/3 TP Open 1/3
OK all SL now: 1.1247 Edit: 1.1244
Calling it a day

Happy trades everybody!
Quoting Compound
{quote} It's similar to a bull. Flag pennant pattern, it is clearly visible. But I will be careful to go up 50 pips from today's highest price {image} {image}
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Imo
Make it Green
Quoting gatenio
{quote} dont swing it down. scalp it to the wp/dr1 first can pop up if 1260 fall
out -7 ...and switch to long...will add more long
If you are afraid, don't participate. If you come, don't be afraid
Quoting Traderview
For shorts no 1 hr above 1.1262.
No h1 closed above of it. I'll keep my shorts.

1.1268 is resistance. It is also the trend line. Prices still inside the pennant. A daily close above 1.1330 is the valid confirmation for this bull run, until then i'd say it's still in sideways.

If we close today below 1.1248, i'd stay away from long. For bulls we need it to close above 1.1254.
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Quoting Traderview
{quote} No h1 closed above of it. I'll keep my shorts. 1.1268 is resistance. It is also the trend line. Prices still inside the pennant. A daily close above 1.1330 is the valid confirmation for this bull run, until then i'd say it's still in sideways. If we close today below 1.1248, i'd stay away from long. For bulls we need it to close above 1.1254.
My bet for today:
closing price: 1.12685 (+/-7 Pips)
Quoting dondealova
{quote} out -7 ...and switch to long...will add more long
good luck, idk about that.
weekly lc lower, today lc higher.
friday was lower, london didnt test the low.

priblem.
h4 want 1.13 today, but cannot make it for sure.
tomorrow target lower.
1h need to make some retrace imo.

so everything to complicated to trade it.
im holding short 1251 and probably flat it in the middle of the night (europe time)
Quoting Spmt
{quote} Close to Target 1 {image}
We are still downhill in the H4 fibo-channel. For me the confirmation is, that the bars hit the percentage lines just like drawn... algorithms need rules ;-)

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Smart algos are deep learning and do not need "rules".
https://en.wikipedia.org/wiki/AlphaGo
Jumped back in to see if I can ride it to 1.13....probably jump out 1/2 way as all I read here are bearish predictions.
Quoting jonasdao
Smart algos are deep learning and do not need "rules". https://en.wikipedia.org/wiki/AlphaGo
Who knows how many still run under COBOL ;-) That's why they still need silver programmers...
Quoting ursinho4711
{quote} Who knows how many still run under COBOL ;-) That's why they still need silver programmers...
Who knows
Price is becoming squeezed by the bearish channel boundary line. It either goes down and perhaps we see 1.1200 again or it breaks it and then we go up to approx. 1.134x in a couple days.
Quoting jonasdao
{quote} Who knows
COBOL ;-)

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Quoting Ata-Turkoglu
Daily S/R Levels for Monday The correction might be over if wave 4 is currently completed as a wave C at current levels BUT if this wave 4 decides to complete with a 5 wave structure down then bears are not done yet and probably will target 1.1147 and yellow zone. I tried to shows both scenarios on chart below.. For now 1.1188 is nearest intraday resistance followed by 1.1237! Hopefully we continue after London opening.. Cheers Stay Green {image}
Just the updated version of Monday S/R levels for Tuesday.. I hope it helps..

Stay Green
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Be a seer, not a looker!
All buy out at 1270..wait for new signal
If you are afraid, don't participate. If you come, don't be afraid
This has been a wild ride tonight in the EST zone. Usually it's quiet but that drop and now bounce is really something......just when I thought it would be a sideways evening! maybe my 1.13 TP will hit before midnight?

Well a combo of fear and panic hit me so I figured I'd cash out and see if I can find a better entry. Might not work.

Wondering if there is a difference between "fear and proper "money management"?
Feels like the same thing.

This is probably why the sudden drop and spike
Navarro declares China trade deal over https://ecp.yusercontent.com/mail?ur...mOD2CJ1v4Q--~C
06/22/2020 at 10:18 p.m. ET

Will this mean Asia and London will be buying and going long?

That little inclination that says "Go long and stay long" was going through my head all day.
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