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EURUSD

  • #1,174,901
  • Jul 13, 2020 7:29am Jul 13, 2020 7:29am
USDCHF is heading in the opposite* direction from EU upwards. It seems like, a fake break-out but anything might happen, so I closed my bullish positions and I have set a sell order below 1.13000, lets see!



*Opposite I mean for correlation.
Looking for profitable short term trades ...|
  • #1,174,902
  • Jul 13, 2020 7:33am Jul 13, 2020 7:33am
Quoting 4experience
TP 1266 Head and shoulders {image}
EXCELLENT
  • #1,174,903
  • Jul 13, 2020 7:46am Jul 13, 2020 7:46am
Quoting 4experience
TP 1266 Head and shoulders {image}
lol i am too lazy
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 35 KB
  • #1,174,904
  • Jul 13, 2020 7:48am Jul 13, 2020 7:48am
Waiting patiently for the next H4 candle, currently see a bullishly exhaustion, but let's see what NY session brings to the table soon.
It is all about the foreign exchange market.
  • #1,174,905
  • Jul 13, 2020 7:59am Jul 13, 2020 7:59am
Quoting Efelexy
Waiting patiently for the next H4 candle, currently see a bullishly exhaustion, but let's see what NY session brings to the table soon.
what if i just took a trade and forgot about it for months
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 34 KB
  • #1,174,906
  • Jul 13, 2020 8:07am Jul 13, 2020 8:07am
Quoting PatienceFx
{quote} what if i just took a trade and forgot about it for months {image}
That would be awesome, provided you have a good margin your position, and your analysis is also on point to accommodate the movement of price for months, because the market will definitely breath during those time.
It is all about the foreign exchange market.
  • #1,174,907
  • Jul 13, 2020 8:21am Jul 13, 2020 8:21am
Quoting Efelexy
{quote} That would be awesome, provided you have a good margin your position, and your analysis is also on point to accommodate the movement of price for months, because the market will definitely breath during those time.
this is why a leverage of 1:1 or max 1:10 is used
  • #1,174,908
  • Jul 13, 2020 8:26am Jul 13, 2020 8:26am
Quoting PatienceFx
{quote} what if i just took a trade and forgot about it for months {image}
Obviously a rhetorical question
LOCK IN RE-ENTER
  • #1,174,909
  • Jul 13, 2020 8:27am Jul 13, 2020 8:27am
Quoting patiencefx
{quote} what if i just took a trade and forgot about it for months {image}
this trade may try 1420
  • #1,174,910
  • Jul 13, 2020 8:27am Jul 13, 2020 8:27am
Quoting PatienceFx
{quote} this is why a leverage of 1:1 or max 1:10 is used
i use 1:500 always
example: enter 1 lot on 1000eur balance
no problem
5p + scalp out
  • #1,174,911
  • Jul 13, 2020 9:01am Jul 13, 2020 9:01am
the h1 H&S pattern stands negated ; trend is very bullish

D_R2 today is 1370
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 31 KB
  • #1,174,912
  • Jul 13, 2020 9:08am Jul 13, 2020 9:08am
Quoting Efelexy
Waiting patiently for the next H4 candle, currently see a bullishly exhaustion, but let's see what NY session brings to the table soon.
Are you still waiting on the 4h?
LOCK IN RE-ENTER
  • #1,174,913
  • Jul 13, 2020 9:11am Jul 13, 2020 9:11am
Quoting mistaouting
{quote} Are you still waiting on the 4h?
the longer one waits the better are the chances of finding same age partner and finally you say to hell with it
  • #1,174,914
  • Jul 13, 2020 9:26am Jul 13, 2020 9:26am
Quoting mistaouting
{quote} Are you still waiting on the 4h?
Nice bullishness so far on this current H4, this was what I wanted to see actually in this NY session. Price seem to be targeting the last high at 1.1370
It is all about the foreign exchange market.
  • #1,174,915
  • Jul 13, 2020 9:28am Jul 13, 2020 9:28am
Quoting Js3mwtRc
USDCHF is heading in the opposite* direction from EU upwards. It seems like, a fake break-out but anything might happen, so I closed my bullish positions and I have set a sell order below 1.13000, lets see! *Opposite I mean for correlation.
It was a fake break, it returned back to its previous range. I managed to get some pips from the fall.
Looking for profitable short term trades ...|
  • #1,174,916
  • Jul 13, 2020 9:35am Jul 13, 2020 9:35am
Quoting Efelexy
{quote} Nice bullishness so far on this current H4, this was what I wanted to see actually in this NY session. Price seem to be targeting the last high at 1.1370
my thoughts exactly....watching that level and result of correction week1270 area if it even comes back
LOCK IN RE-ENTER
  • #1,174,917
  • Edited 10:11am Jul 13, 2020 9:35am | Edited 10:11am
to Js3mwtRc (about usd/chf)

I think it's just MM manipulation to clear all the stop losses before heading back north.
  • #1,174,918
  • Jul 13, 2020 9:36am Jul 13, 2020 9:36am
so far so good
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 33 KB
  • #1,174,919
  • Jul 13, 2020 9:39am Jul 13, 2020 9:39am
Quoting mistaouting
{quote} my thoughts exactly....watching that level and result of correction week1270 area if it even comes back
We never know this things Mate! We just might see that again if price can not close above 1.1370 area once it eventually hits the level.
It is all about the foreign exchange market.
  • #1,174,920
  • Jul 13, 2020 9:50am Jul 13, 2020 9:50am
Recent H = 1.13 68 watching it........I am NOT in a hurry to TP ....
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