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  • #111,601
  • Edited 11:56am Jun 30, 2020 11:35am | Edited 11:56am
I really hope we have seen the high of today. If then, we will see 1.11825 soon

Edit: 1.11500 is on the table, if we have seen the high for today
Risk comes from not knowing what to do
  • #111,602
  • Jun 30, 2020 11:42am Jun 30, 2020 11:42am
Quoting Austyno
I really hope we have seen the high of today. If then, we will see 1.11825 soon
You're still favor in bears mate. Me too, but seems like, it's hard to drop to the figures you mentioned for today as covid-19 has hit hard USA and things will not over yet as fast as possible, because the fed still print USD in huge amount. I already read news from somewhere place that the fed already printed more than 7 trillion USD since March. Not sure it will be going to the end for this action.
  • #111,603
  • Jun 30, 2020 11:46am Jun 30, 2020 11:46am
Thank you Ata-Turkoglu and all the member for making this great thread, even though i'm still not understand enough about all the graph and image but got my +63 pips today for my training have a great success for you all guys
  • #111,604
  • Jun 30, 2020 11:57am Jun 30, 2020 11:57am
Trading the right way
  • #111,605
  • Jun 30, 2020 12:01pm Jun 30, 2020 12:01pm
Quoting jonasdao
{quote} SL 1.1211 I personaly find the exit more difficult, than the entry... Anybody else?
Yes, Jonas,
We spend years in perfecting the entry and when we get to a competent level we find the next level the hardest and that is the exit. I still grapple with exits. Anyway, the journey continues.

Cheers, Bud.
Trade to trade another day
  • #111,606
  • Jun 30, 2020 12:01pm Jun 30, 2020 12:01pm
I took short from 1.12581, should i keep it or close it? I am confused.
  • #111,607
  • Jun 30, 2020 12:08pm Jun 30, 2020 12:08pm
Quoting forexbaby202
I took short from 1.12581, should i keep it or close it? I am confused.
There's a possibility of reaching 1.1268 - 1.1284 before a reversal. Position your stop accordingly.
  • #111,608
  • Jun 30, 2020 12:12pm Jun 30, 2020 12:12pm
Quoting sqaguru
{quote} There's a possibility of reaching 1.1268 - 1.1284 before a reversal. Position your stop accordingly.
Exactly. The 4hr candle just closed and closed quite strong. Plus a W on the 4hr plus 1hr. Moreover, I don't trust Asia not spiking out today's top, plus who says N.Y. is done rising? Most times if price is to go down tomorrow, London would usually test the top of the previous day. If it were me I'd book those shorts and wait for another opportunity.
  • #111,609
  • Jun 30, 2020 12:15pm Jun 30, 2020 12:15pm
Quoting forexbaby202
I took short from 1.12581, should i keep it or close it? I am confused.
Put your SL to breakeven and wait with the hope for price to retest lows before it goes up.. If it goes up without any correction you lose nothing.. In the meantime you also don't bother since your order will be riskless.. My two cents!

Stay Green
Focus only on what truly matters!
  • #111,610
  • Jun 30, 2020 12:22pm Jun 30, 2020 12:22pm
Quoting Ata-Turkoglu
{quote} Put your SL to breakeven and wait with the hope for price to retest lows before it goes up.. If it goes up without any correction you lose nothing.. In the meantime you also don't bother since your order will be riskless.. My two cents! Stay Green
Thank you.
  • #111,611
  • Jun 30, 2020 12:31pm Jun 30, 2020 12:31pm
I will stick with my longs (which I have been holding since April) targeting 1.16-1.17 but set a stop loss to 1,1170 now. Shed quite some blood the last days while the bears were having a feast. Technically today hopefully marked the last bear ride before the uptrend continues. Also wanted to share this nice symmetric chart which would also lead the way right to the target. Fundamentally rumours are the FED will introduce a forward guidance linked to the unemployment rate, which should make the USD drop like a stone in my opinion. Moreover a eurozone Corona recovery deal would make the euro fly.
Attached Image (click to enlarge)
Click to Enlarge Name: Trendkanal EURUSD.JPG Size: 244 KB
Another day, another dollar.
  • #111,612
  • Jun 30, 2020 1:03pm Jun 30, 2020 1:03pm
Quoting nic9man
share this nice symmetric chart
very similar to mine. Look, how nicely the fibo lines were hit. Like a drawing from Piet Mondrian...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
  • #111,613
  • Jun 30, 2020 1:05pm Jun 30, 2020 1:05pm
A question to you guys - do you know a good source for long-term historical tick data time series which you would like to share?
Another day, another dollar.
  • #111,614
  • Jun 30, 2020 1:09pm Jun 30, 2020 1:09pm
Quoting ursinho4711
{quote} very similar to mine. Look, how nicely the fibo lines were hit. Like a drawing from Piet Mondrian... {image}
Haha, indeed! What are the geen/red candlelike figures if I may ask?
Another day, another dollar.
  • #111,615
  • Jun 30, 2020 1:18pm Jun 30, 2020 1:18pm
Quoting nic9man
What are the geen/red candlelike figures if I may ask?
hai:

Heiken Ashi

Sayōnara!
  • #111,616
  • Jun 30, 2020 1:22pm Jun 30, 2020 1:22pm
Quoting forexbaby202
{quote} Thank you.
Don't expect too deep lows.. Take profit quick and start thinking of buy opportunities..

Stay Green
Focus only on what truly matters!
  • #111,617
  • Jun 30, 2020 1:25pm Jun 30, 2020 1:25pm
long 1.1234
SL 1.1216 --> BE as soon as price above 1.125
TP open
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #111,618
  • Jun 30, 2020 1:34pm Jun 30, 2020 1:34pm
Quoting ursinho4711
{quote} very similar to mine. Look, how nicely the fibo lines were hit. Like a drawing from Piet Mondrian... {image}
how did you create this?
  • #111,619
  • Jun 30, 2020 1:34pm Jun 30, 2020 1:34pm
Quoting nic9man
A question to you guys - do you know a good source for long-term historical tick data time series which you would like to share?
https://tickstory.com/
  • #111,620
  • Jun 30, 2020 1:39pm Jun 30, 2020 1:39pm
Quoting sqaguru
{quote} https://tickstory.com/
Many thanks!
Another day, another dollar.
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