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EURUSD

  • #1,175,301
  • Jul 18, 2020 5:29am Jul 18, 2020 5:29am
Quoting PatienceFx
{quote} try this setup, you will never loose {image}
Please is the parameters applicable for lower time frames as well ?
  • #1,175,302
  • Jul 18, 2020 7:12am Jul 18, 2020 7:12am
Expecting gap???
  • #1,175,303
  • Jul 18, 2020 11:23am Jul 18, 2020 11:23am
The details have been mentioned inside the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (169).png Size: 471 KB
  • #1,175,304
  • Jul 18, 2020 1:11pm Jul 18, 2020 1:11pm
Guys! Any news about summit?
Trade to enjoy... Money is after!
  • #1,175,305
  • Jul 18, 2020 1:24pm Jul 18, 2020 1:24pm
Can somebody confirm me please is there have any gap on Monday or not?
  • #1,175,306
  • Jul 18, 2020 1:32pm Jul 18, 2020 1:32pm
Quoting mwaqar309
Can somebody confirm me please is there have any gap on Monday or not?
Based on critical economic event holding, it's probable to see a gap on market opening on Monday.
But who knows how much and what direction?! Let's see...
Trade to enjoy... Money is after!
  • #1,175,307
  • Jul 18, 2020 1:37pm Jul 18, 2020 1:37pm
Quoting saninvestor
{quote} Based on critical economic event holding, it's probable to see a gap on market opening on Monday. But who knows how much and what direction?! Let's see...
So according to you mate gap is 100% confirmed on Monday but on which direction that's not confirm right?
Actually mate i want to confirm just about gap i don't care on which direction it will be going.
  • #1,175,308
  • Jul 18, 2020 2:30pm Jul 18, 2020 2:30pm
Quoting mwaqar309
{quote} So according to you mate gap is 100% confirmed on Monday but on which direction that's not confirm right? Actually mate i want to confirm just about gap i don't care on which direction it will be going.
Interesting. You are only concern of the gap but doesn't care of which direction. And why is that if I may ask? -just curious-
Only an idiot knows with certainty to where the market is going.
  • #1,175,309
  • Jul 18, 2020 2:36pm Jul 18, 2020 2:36pm
Quoting MrBullBear
{quote} Interesting. You are only concern of the gap but doesn't care of which direction. And why is that if I may ask? -just curious-
because mate i am doing trading through bonus so there is have rule if during profit trade market will open on gap so i can't able to take a withdraw that's why i need to confirm so please do you know>?
  • #1,175,310
  • Jul 18, 2020 2:40pm Jul 18, 2020 2:40pm
Quoting mwaqar309
{quote} So according to you mate gap is 100% confirmed on Monday but on which direction that's not confirm right? Actually mate i want to confirm just about gap i don't care on which direction it will be going.
It depends on result of summit.
I don't think it's 100% a gap.
But at least we can say it's highly probable. Because the event is very important. And it will impact on banks decisions and big players.
Trade to enjoy... Money is after!
  • #1,175,311
  • Jul 18, 2020 2:47pm Jul 18, 2020 2:47pm
I remember after Britain election market faced with about 400 pips gap.
Of course holding event is not important as Britain election.
BTW you can't do anything till market opening.
For me direction is very important!
Hope South...
Trade to enjoy... Money is after!
  • #1,175,312
  • Jul 18, 2020 5:45pm Jul 18, 2020 5:45pm
Howdy guys! Long time. Hope you're all good and keeping safe.

Quoting mwaqar309
{quote} So according to you mate gap is 100% confirmed on Monday but on which direction that's not confirm right? Actually mate i want to confirm just about gap i don't care on which direction it will be going.
Probably gap down then market will close the gap before it drops later in the week.

Just a thought. Not concrete
You can lead a horse to water, but you can't make it drink
  • #1,175,313
  • Jul 18, 2020 5:57pm Jul 18, 2020 5:57pm
Good news or better than expected outcome from EU meeting could lead to a gap up... I say could because I think market has priced in some action already.....

Bad news of the nature that plan is over and no more negotiating should lead to a gap down but that seems like something that wouldn't happen as they keep trying to meet everyone in the middle

Current shorts are probably just a result of euro being on such a long bullish run... Some sort of correction seems due....
LOCK IN RE-ENTER
  • #1,175,314
  • Jul 18, 2020 6:02pm Jul 18, 2020 6:02pm
They drag negotiating onnn then possibly no gap.... Don't how or why anyone would say with certainty that a gap will happen. They may not come with news even on Sunday which I they have to meet again
LOCK IN RE-ENTER
  • #1,175,315
  • Jul 18, 2020 6:06pm Jul 18, 2020 6:06pm
Quoting mistaouting
They drag negotiating onnn then possibly no gap.... Don't how or why anyone would say with certainty that a gap will happen. They may not come with news even on Sunday which I they have to meet again
Just want this bad boy trending againnnn
You can lead a horse to water, but you can't make it drink
  • #1,175,316
  • Jul 18, 2020 7:44pm Jul 18, 2020 7:44pm
Quoting xkwisit2001
{quote} Just want this bad boy trending againnnn
Lol... The trend is our friend!
LOCK IN RE-ENTER
  • #1,175,317
  • Jul 18, 2020 8:15pm Jul 18, 2020 8:15pm
Quoting mistaouting
{quote} Lol... The trend is our friend!
That's true

And the counter trend lol

What's your prediction for next week?
You can lead a horse to water, but you can't make it drink
  • #1,175,318
  • Jul 19, 2020 2:01am Jul 19, 2020 2:01am
Quoting mistaouting
Current shorts are probably just a result of euro being on such a long bullish run... Some sort of correction seems due....
In the long run (monthly) I see the EURUSD still going up. But we have to remember, that the professionals also live from oscillation :-) There are probably many short positions open that need to be closed with win or small loss.
The trend channels of the higher timeframes trend north, but the candles are already at the upper channel boundaries or the channels have already reached a very high slope. A correction within the (new) trend channels seems likely.

D1 (candles at the upper boundary)
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W1 (new trend channel seems likely, slope very high)
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My favourite:
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  • #1,175,319
  • Jul 19, 2020 2:26am Jul 19, 2020 2:26am
EU is in cycle 2 in both H1 and H4. I think we could see a small correction in short and then the price breaking the highs to look for a new one.
Attached Image (click to enlarge)
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  • #1,175,320
  • Jul 19, 2020 10:05am Jul 19, 2020 10:05am
Weekly supply area, 1.16xx. It should get there. Bullish.

GBPUSD weekly, 1.28xx supply area. Should get there. Bullish.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDdaily.png Size: 119 KB
Click to Enlarge Name: EURUSDdaily(2).png Size: 71 KB
Click to Enlarge Name: GBPUSDweekly.png Size: 66 KB
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