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EURUSD

  • #1,174,821
  • Jul 10, 2020 6:56am Jul 10, 2020 6:56am
Quoting msniper
euro very ugly chart green bullish pink bearish and now its doing retest so flip a coin ? lol {image}
its always !"flip a coin" thats only stratefy...pure gambling
  • #1,174,822
  • Jul 10, 2020 7:37am Jul 10, 2020 7:37am
I stay bullish...................... SL now at 1.12 72 and plan to stay in during weekend , unless something drastic happens till the NY close.....

  • #1,174,823
  • Jul 10, 2020 7:41am Jul 10, 2020 7:41am
Quoting tiborf71
{quote} i'm long, in this pair now, just let it run. if I have reached the top of the trend, but rather the sales zone will be indicated by my system. usdchf is a good selling position for this. but be careful, the trend can change at any time. m30.
No way to let EURUSD run as is in a range and goes up and down several times a day for weeks now.

USDCHF is bearish. You see where I put blue rectangle, that is where traders make mistakes. That quick trend up, than a small pull back down, thinking it is going up. Gives you hope and down it goes again. It goes up trend on a lower time frames, in this case 1 HR TF, retail traders jump in take the bait, and what you know is going back down bearish. Traders don't even look at the daily to see overall trend. USDCHF overall is bearish. Sentiment is overall bearish. Retail still taking the bait of longing USDCHF which is a mistake. Trade safe.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 39 KB
Click to Enlarge Name: USDCHFH1.png Size: 41 KB
  • #1,174,824
  • Jul 10, 2020 7:44am Jul 10, 2020 7:44am
Quoting Js3mwtRc
{quote} Nice, my sell position worked, now if, big buyers are here a break above 1.1300 is inevitable. Covering.
It broke, the big fish always want to have the best spot, we the smaller can have some bite later
Looking for profitable short term trades ...|
  • #1,174,825
  • Jul 10, 2020 7:48am Jul 10, 2020 7:48am
Quoting VuLe
Disappointment of a life time.... i see 1.1250 bounce... but didnt want to go negatice since I been positive all week long... all line was broken on my chart and was expecting the bounce on the daily. Exited at be 1.1270... sigh............ now I am just sitting on sideline looking for a buy... Im a trash trader zzZzzZ... {image}
Losses are there not to defeat us, but to teach us. A lesson that we needed for the next trade. Cheers!

I am currently bullish till it hits 1320. Then I will scalp the bear but careful this time.. Gilead made a noise, will keep an eye on sentiment closely and see the pscho.

P.S, I got trailing SL. on this one.
Only an idiot knows with certainty to where the market is going.
  • #1,174,826
  • Jul 10, 2020 7:56am Jul 10, 2020 7:56am
My target achieved. But i am hesitant to close it. With the news going, I might go with PatienceFx target @1370.
Attached Image (click to enlarge)
Click to Enlarge Name: 20200710_075329.jpg Size: 574 KB
Only an idiot knows with certainty to where the market is going.
  • #1,174,827
  • Jul 10, 2020 8:03am Jul 10, 2020 8:03am
bags packed and shutters closed for the weekend
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 35 KB
  • #1,174,828
  • Jul 10, 2020 8:18am Jul 10, 2020 8:18am
Quoting Techanalyst
{quote} No way to let EURUSD run as is in a range and goes up and down several times a day for weeks now. USDCHF is bearish. You see where I put blue rectangle, that is where traders make mistakes. That quick trend up, than a small pull back down, thinking it is going up. Gives you hope and down it goes again. It goes up trend on a lower time frames, in this case 1 HR TF, retail traders jump in take the bait, and what you know is going back down bearish. Traders don't even look at the daily to see overall trend. USDCHF overall is bearish. Sentiment...
I am a trend trader and I analyze in a completely different way than you. My goal is to enter the trend as soon as possible. Then let me run the position.
I also have my own way to quit.
m30-h1.
be green.
  • #1,174,829
  • Jul 10, 2020 8:19am Jul 10, 2020 8:19am
Quoting tiborf71
{quote} I am a trend trader and I analyze in a completely different way than you. My goal is to enter the trend as soon as possible. Then let me run the position. I also have my own way to quit. m30-h1. be green.
Sure, if you are a trend trader, why holding longs on EURUSD when it has been in a range for almost a month?
Also if you are talking about a trend, we can all see that USDCHF is in a down trend right?
  • #1,174,830
  • Jul 10, 2020 8:23am Jul 10, 2020 8:23am
Quoting Techanalyst
{quote} Sure, if you are a trend trader, why holding longs on EURUSD when it has been in a range for almost a month? Also if you are talking about a trend, we can all see that USDCHF is in a down trend right?
I see no point in talking.
  • #1,174,831
  • Jul 10, 2020 8:23am Jul 10, 2020 8:23am
Quoting tiborf71
{quote} I see no point in talking.
I understand, my guess is you have no idea what you're doing.
  • #1,174,832
  • Jul 10, 2020 8:26am Jul 10, 2020 8:26am
Quoting Techanalyst
{quote} Sure, if you are a trend trader, why holding longs on EURUSD when it has been in a range for almost a month? Also if you are talking about a trend, we can all see that USDCHF is in a down trend right?
if someone wants to hold his long let them, why bother
  • #1,174,833
  • Jul 10, 2020 8:27am Jul 10, 2020 8:27am
Quoting PatienceFx
{quote} if someone wants to hold his long let them, why bother
It was just a question. He got offended for no reason. I blocked him. End of discussion. Let's get back to trading.
  • #1,174,834
  • Jul 10, 2020 8:41am Jul 10, 2020 8:41am
Quoting Techanalyst
{quote} Sure, if you are a trend trader, why holding longs on EURUSD when it has been in a range for almost a month? Also if you are talking about a trend, we can all see that USDCHF is in a down trend right?
Maybe because of the golden cross.... Trend has been bullish for a while now.... This sideways movement could be considered consolidation..... For another impulsive move up.... Pending on what TF you use ... It's clear on daily and fundamentally

Edit: not to mention the death cross on the dxy
LOCK IN RE-ENTER
  • #1,174,835
  • Jul 10, 2020 8:44am Jul 10, 2020 8:44am
Meanwhile I dont even know what am I trading after all these years
Fundamental provide Volume, Technical shows Direction
  • #1,174,836
  • Jul 10, 2020 8:45am Jul 10, 2020 8:45am
Quoting mistaouting
{quote} Maybe because of the golden cross.... Trend has been bullish for a while now.... This sideways movement could be considered consolidation..... For another impulsive move up.... Pending on what TF you use ... It's clear on daily and fundamentally Edit: not to mention the death cross on the dxy
Sorry but I don't see bullishness on eu, it is on range sideways like techanalyst said.
Only an idiot knows with certainty to where the market is going.
  • #1,174,837
  • Jul 10, 2020 8:52am Jul 10, 2020 8:52am
Quoting MrBullBear
{quote} Sorry but I don't see bullishness on eu, it is on range sideways like techanalyst said.
I'm not that sensitive Mr.BullBear...and not offended or bothered by anyone who would disagree with and I welcome it because I always stand to learn something.

I appreciate how don't flaunt your knowledge like your better than others...I need to work on it...my wifes says i can be a hole and i need to learn how to talk to others better.

But I can't argue what trend you see without knowing what TF your referencing....I say that because an trend on a 15m chart dose not translate to a trend on a weekly chart.....

daily chart is bullish....monthly chart is bullish....

EDIT:

Clearly you can see the trend is bullish....simple regression line shows it....not to mention the other things I said prior in response to techanalyst....
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-07-10-TOS_CHARTS day.png Size: 91 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-07-10-TOS_CHARTS month.png Size: 68 KB
LOCK IN RE-ENTER
  • #1,174,838
  • Jul 10, 2020 8:57am Jul 10, 2020 8:57am
Quoting Techanalyst
{quote} It was just a question. He got offended for no reason. I blocked him. End of discussion. Let's get back to trading.
height of anger !!

you did not even read what i said lol
  • #1,174,839
  • Jul 10, 2020 8:57am Jul 10, 2020 8:57am
Quoting PatienceFx
{quote} height of anger !! you did not even read what i said lol
Why are you angry?
  • #1,174,840
  • Jul 10, 2020 9:10am Jul 10, 2020 9:10am
Quoting mistaouting
{quote} I'm not that sensitive Mr.BullBear...and not offended or bothered by anyone who would disagree with and I welcome it because I always stand to learn something. I appreciate how don't flaunt your knowledge like your better than others...I need to work on it...my wifes says i can be a hole and i need to learn how to talk to others better. But I can't argue what trend you see without knowing what TF your referencing....I say that because an trend on a 15m chart dose not translate to a trend on a weekly chart..... daily chart is bullish....monthly...
I am sure you are not offended. A learner who seek knowledge and understanding sets its ego aside. Like you, am a learner. (Forever learner). I throw my opinion and acknowledge when stand corrected. Learn from other opinion, instead of cry foul. Learning from our own experiences is knowledge, learning from others experience is wisdom.

When looking on chart, look from far left, not just the current candle or a few previous when determining a trend. Unless you are looking for just todays trend or week. Cheers!
Only an idiot knows with certainty to where the market is going.
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