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EURUSD

  • #1,175,261
  • Jul 17, 2020 9:54am Jul 17, 2020 9:54am
Looks like a top at upper trend line position E buy closed for few points sold stop loss and buy stop over this high.
Just a dip probably down to 1394
Founder of Sutherland Wave Principle
  • #1,175,262
  • Jul 17, 2020 10:01am Jul 17, 2020 10:01am
closed sell and long again. 1420
Founder of Sutherland Wave Principle
  • #1,175,263
  • Jul 17, 2020 10:03am Jul 17, 2020 10:03am
Quoting suthmo
closed sell and long again. 1420
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  • #1,175,264
  • Jul 17, 2020 10:06am Jul 17, 2020 10:06am
H= 1.14 40 .... Still short.....Perhaps my SL should be at 41 ........
  • #1,175,265
  • Jul 17, 2020 10:12am Jul 17, 2020 10:12am
Reverse symmetrical triangle for the upside.
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Founder of Sutherland Wave Principle
  • #1,175,266
  • Jul 17, 2020 10:14am Jul 17, 2020 10:14am
hope its not a bull trap....still in the green from the drop
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  • #1,175,267
  • Jul 17, 2020 10:38am Jul 17, 2020 10:38am
Quoting suthmo
Reverse symmetrical triangle for the upside. {image}
That's called broadening formation or megaphone top and usually preludes to a reversal.
Practitioner of the cryptic trading arts
  • #1,175,268
  • Jul 17, 2020 10:49am Jul 17, 2020 10:49am
EURUSD remains bullish as predicted.
USDCHF remains bearish.
AUDNZD bullish.
  • #1,175,269
  • Jul 17, 2020 10:54am Jul 17, 2020 10:54am
Quoting Techanalyst
EURUSD remains bullish as predicted. USDCHF remains bearish. AUDNZD bullish.
very much so...

even with the EU dragging out agreement on the PEPP...surly they will get it done....and euro will should get a nice spike! IMO

i think i will carry a long over the weekend!
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  • #1,175,270
  • Jul 17, 2020 11:14am Jul 17, 2020 11:14am
EURUSD is going up, but for me it is wiser to buy the new week after the meeting. Merkel said that they will not come to an agreement, it is very hard. Just read the news on the FF and you will understand.
Looking for profitable short term trades ...|
  • #1,175,271
  • Jul 17, 2020 11:19am Jul 17, 2020 11:19am
Quoting Js3mwtRc
EURUSD is going up, but for me it is wiser to buy the new week after the meeting. Merkel said that they will not come to an agreement, it is very hard. Just read the news on the FF and you will understand.
they have really been dragging it out....

do you think its a possibility they want come to agreement?

I find it hard to think they can't work it out. For me, I want to be ahead of decision as many others; as the euro is at a premium price currently but I think it has some more room on top

Hoping its a self off at close....and the eu comes to so agreement this weekend...has to be a recipe for a few pips
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  • #1,175,272
  • Jul 17, 2020 11:22am Jul 17, 2020 11:22am
“The goal of a successful trader is to make the best trades. Money is secondary.” - Alexander Elder

Meaning: A quote to remind you to focus on getting the trade to work first! Money is the reward, an outcome of a successful trade. Thinking solely about the reward will cloud your judgement.

Today had been great on the EURUSD, nice bullishness confirming once again that the trend is up and not tired yet. This trading week seem over already as we await the last H4 candle to call it a week. It's been a dramatic week I must say on the EURUSD pair. LoL. Take care guys, see you all next week by God's grace, cheers.
It is all about the foreign exchange market.
  • #1,175,273
  • Jul 17, 2020 11:31am Jul 17, 2020 11:31am
Quoting mistaouting
{quote} they have really been dragging it out.... do you think its a possibility they want come to agreement? I find it hard to think they can't work it out. For me, I want to be ahead of decision as many others; as the euro is at a premium price currently but I think it has some more room on top Hoping its a self off at close....and the eu comes to so agreement this weekend...has to be a recipe for a few pips
I don't like to risk on weekends - especially this, sure it may advance above 1.144x and give 100 pips more, but it may be a recipe for disaster.

We will know when there is an agreement and many other opportunities will rise, from the new week.

My best of luck.
Looking for profitable short term trades ...|
  • #1,175,274
  • Edited 11:50am Jul 17, 2020 11:38am | Edited 11:50am
Quoting VuLe
{quote} I did upgraded my .5lots to 2lots by adding more buys around 1.1420... didnt want to mention it hear because I am afraid people may call out my levels lol. I understand the level but if it is going up to 1.15xx it may not need to go to the bounce. May take off from there. I do will still add more 1.1400 if it drops. Mt sl will probably be at 1.1390... thats the risk if I were to set sl. I may hold this over the weekend. I want to see this 1.16xx gap even if my mind is crazy for thinking that. Atleast it is a thought xD.
I believe thats it for the week... here is my input.
daily, weekly, monthly.

Im a market killer this week xD . Let keep this going... past week and week before that I either BE or made like 30pip for the week only >.>....
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Trade what you see, take what the market gives you.
  • #1,175,275
  • Edited 12:57pm Jul 17, 2020 12:46pm | Edited 12:57pm
Quoting Endoephemera
{quote} That's called broadening formation or megaphone top and usually preludes to a reversal.
confused.com so we can expect a good drop after it rises a while? Ok this fits I'm looking for that next drop from 1.1650.
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Founder of Sutherland Wave Principle
  • #1,175,276
  • Jul 17, 2020 12:46pm Jul 17, 2020 12:46pm
VuLe, at least you ended with a profit. Sadly, I cannot say that.
  • #1,175,277
  • Jul 17, 2020 1:00pm Jul 17, 2020 1:00pm
Quoting PippyPat
VuLe, at least you ended with a profit. Sadly, I cannot say that.
try this setup, you will never loose
Attached Image
  • #1,175,278
  • Jul 17, 2020 1:07pm Jul 17, 2020 1:07pm
Quoting PatienceFx
{quote} try this setup, you will never loose {image}
Bro tell me indetail about this setup
  • #1,175,279
  • Jul 17, 2020 1:08pm Jul 17, 2020 1:08pm
Quoting PatienceFx
{quote} try this setup, you will never loose {image}
I agree, patience have one of the best setups whether its swing trading or scalp. With sl. It should be profitable. My views are mostly for swing trading. Riding the trend. When it comes to scalping, it is hard and become dry for me to make profit. If you have been reading, you would know last week and last 2 weeks.

other than that, check this out LOL. All these sellers.
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Trade what you see, take what the market gives you.
  • #1,175,280
  • Jul 17, 2020 1:20pm Jul 17, 2020 1:20pm
Mate can market gap is possible in market on Monday?
Mate can market gap is possible in market on Monday?
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