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EURUSD

  • #1,175,141
  • Jul 16, 2020 6:38am Jul 16, 2020 6:38am
Going up again to test resistance
Seems big spike up and then down to
1.1325
PaRaM
  • #1,175,142
  • Jul 16, 2020 6:41am Jul 16, 2020 6:41am
Quoting SilentFather
{quote} Yep. If spike down, then price should go up again. Maybe I'll trade, maybe not. One mistake and I'm dead. But still most traders sell, so it must go other direction. We should wait for spike down, and when price calms down a bit, go buy. Otherwise I'm not even trying. {image}

Looking to enter short if 1.1410 reach... otherwise... shorting 1min before
Trade what you see, take what the market gives you.
  • #1,175,143
  • Jul 16, 2020 6:49am Jul 16, 2020 6:49am
Quoting VuLe
{quote} Looking to enter short if 1.1410 reach... otherwise... shorting 1min before
Well nothing much happened. Annoying news. xD
Attached Image
  • #1,175,144
  • Jul 16, 2020 6:52am Jul 16, 2020 6:52am
Quoting SilentFather
{quote} Well nothing much happened. Annoying news. xD {image}

LOL... going to hold it and see in 10min if us session doing anything... and then I may exit and look to re-enter. Since finance rate news didnt go according to my plan... I have to look for a different approach. My chart shows that finance rate push to far up. And it should drop, but it isnt.

so now I would have to recheck.
Trade what you see, take what the market gives you.
  • #1,175,145
  • Jul 16, 2020 6:57am Jul 16, 2020 6:57am
1.15 EURUSD today
  • #1,175,146
  • Jul 16, 2020 7:01am Jul 16, 2020 7:01am
Quoting VuLe
{quote} LOL... going to hold it and see in 10min if us session doing anything... and then I may exit and look to re-enter. Since finance rate news didnt go according to my plan... I have to look for a different approach. My chart shows that finance rate push to far up. And it should drop, but it isnt. so now I would have to recheck.
I shared this before news. https://www.forexfactory.com/showthr...7#post13062597

Nothing much to add.
Attached Image (click to enlarge)
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  • #1,175,147
  • Jul 16, 2020 7:01am Jul 16, 2020 7:01am
Quoting VuLe
{quote} LOL... going to hold it and see in 10min if us session doing anything... and then I may exit and look to re-enter. Since finance rate news didnt go according to my plan... I have to look for a different approach. My chart shows that finance rate push to far up. And it should drop, but it isnt. so now I would have to recheck.

new 1h candle develop. This is misleading. Holding my short at 1.1410... sl 1.1440.... let see if ecb will doing anything.
Trade what you see, take what the market gives you.
  • #1,175,148
  • Jul 16, 2020 7:15am Jul 16, 2020 7:15am
Quoting VuLe
{quote} new 1h candle develop. This is misleading. Holding my short at 1.1410... sl 1.1440.... let see if ecb will doing anything.
Will do. Should move still up.
  • #1,175,149
  • Jul 16, 2020 7:18am Jul 16, 2020 7:18am
The preferred trade on EU is BOED/BOEF because the trend is up, and why is the thread up? The answer is very simple, and is because 200 exponential moving average is under price at H1, H4, D1 Charts. And even the current candle on W1 chart is trying to close above it, and is currently bridging it. Hence supporting buying from every depth or fall.

But if you must sell, always wait patiently for price to approach a resistance zone, then narrow down to H1 to spot bearish rejection first before shorting if you must. Please do not trade blindly or on hunches. Cheers and trade safe.
It is all about the foreign exchange market.
  • #1,175,150
  • Jul 16, 2020 7:37am Jul 16, 2020 7:37am
I miss Dragi.

He could shake the euro better.

  • #1,175,151
  • Jul 16, 2020 7:48am Jul 16, 2020 7:48am
Quoting SilentFather
{quote} Will do. Should move still up.
I think Ima have to exit here... dry ass news... zZzzZz

edit sl move to 1.1430.... if it breaks 1.1425, we should see 1.15xx... either way I need to cut my loss as much as possible.
Trade what you see, take what the market gives you.
  • #1,175,152
  • Jul 16, 2020 8:01am Jul 16, 2020 8:01am
Quoting VuLe
{quote} I think Ima have to exit here... dry ass news... zZzzZz edit sl move to 1.1430.... if it breaks 1.1425, we should see 1.15xx... either way I need to cut my loss as much as possible.
Same... Lost cca... Hmm, now I lost all acc.

I entered long agressively. I was buying high but once again.. I did something I know to NOT do..
  • #1,175,153
  • Jul 16, 2020 8:11am Jul 16, 2020 8:11am
long in at 1.1411 target 20 pips
Don't trade what you think. Just what you see!!!
  • #1,175,154
  • Jul 16, 2020 8:24am Jul 16, 2020 8:24am
Quoting Theoak
long in at 1.1411 target 20 pips
Took a short, target 1.1334.
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  • #1,175,155
  • Jul 16, 2020 8:26am Jul 16, 2020 8:26am
Quoting VuLe
{quote} I think Ima have to exit here... dry ass news... zZzzZz edit sl move to 1.1430.... if it breaks 1.1425, we should see 1.15xx... either way I need to cut my loss as much as possible.
exited at 1.1401.... done for the day... eu dont looo to good... sideline looking for better position
+8pip
Trade what you see, take what the market gives you.
  • #1,175,156
  • Jul 16, 2020 8:30am Jul 16, 2020 8:30am
Quoting 3Davy
I miss Dragi. He could shake the euro better.
Yups, if Dragi speak, EU will drop.
  • #1,175,157
  • Jul 16, 2020 8:31am Jul 16, 2020 8:31am
Quoting Gilaforex13
{quote} Yups, if Dragi speak, EU will drop.
He had a style in his speech 40 - 50 pips here to there
  • #1,175,158
  • Jul 16, 2020 8:45am Jul 16, 2020 8:45am
Quoting VuLe
{quote} exited at 1.1401.... done for the day... eu dont looo to good... sideline looking for better position +8pip

literally dodge the bullet.. push down but bollinger band open curve up... signal for me to run
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,175,159
  • Jul 16, 2020 8:47am Jul 16, 2020 8:47am
Quoting gem.stocks
{quote} Took a short, target 1.1334. {image}
OUT + 16 pips
Don't trade what you think. Just what you see!!!
  • #1,175,160
  • Jul 16, 2020 8:51am Jul 16, 2020 8:51am
Hmm, need like 10 pips move up (1.14422) to end it for today. Hope it is possible. This is still better then what I was seeing. LOL.
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