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  • Post #112,701
  • Quote
  • Jul 21, 2020 10:36pm Jul 21, 2020 10:36pm
  •  firsttimer
  • | Joined Oct 2011 | Status: Member | 326 Posts
dxy too oversold now. (even though its still bearish)

high probability of bounce. lets wait for signal.
 
 
  • Post #112,702
  • Quote
  • Edited at 11:25pm Jul 21, 2020 11:00pm | Edited at 11:25pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,252 Posts
Quoting Griffinx
Disliked
{quote} But as usually ata, There are still too much people thinking on shorting... Wait till all bear replenished then it will go bear
Ignored
I was joking... lol but here I agree..

*I trade based on my methodology only.. No sell signals yet.. Weekly steep trendline is not even violated yet.. Daily and Hourly charts are also still above Green (only on daily we must notice the macd divergence slowly forming)..

Stay Green
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Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 31.0%
 
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  • Post #112,703
  • Quote
  • Jul 21, 2020 11:01pm Jul 21, 2020 11:01pm
  •  Pollen
  • Joined Sep 2016 | Status: TMT Scalping... | 2,406 Posts
EU is very bullish for now.. lot of room to go up
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TMT Scalping System (Best system on FF)
 
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  • Post #112,704
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  • Jul 22, 2020 12:50am Jul 22, 2020 12:50am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 791 Posts
Quoting yvestrcz
Disliked
My crystal ball tells me the pair is about to drill its way up frenetically, till it reaches 1.154x levels. Other than that, I am sideways for today. I do not feel comfortable trading these current levels at all.
Ignored
Well, it's taken a couple day, but here we go. As for today, do you guys expect a test of 1.150x level, or shall it go up from where we are?
 
 
  • Post #112,705
  • Quote
  • Jul 22, 2020 2:28am Jul 22, 2020 2:28am
  •  ATradingOreo
  • | Joined May 2020 | Status: Member | 30 Posts
Closed Long Positions of 1.1382 & 1.1441 to come out with roughly 220 pips @ 1.1523. TP was 1.1610 for my swing trade.

This means we are entering into some pullbacks and can signal for the transition period of all trends as we have definitely entered Bull territory. A "shoulder" or "Alpha" point is definitely represented now and should see a consolidation or more active spikes.

i'm still Bullish for now but looking for the next great support line to get in.
 
 
  • Post #112,706
  • Quote
  • Jul 22, 2020 4:49am Jul 22, 2020 4:49am
  •  thatguy22
  • | Commercial Member | Joined Feb 2015 | 492 Posts
Please consider taking a look at my Daily Market Update.
I provide trading ideas with potential stops and targets.

DXY starts at 0:03.
EUR/USD starts at 03:19.

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.

Inserted Video
 
 
  • Post #112,707
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  • Jul 22, 2020 4:50am Jul 22, 2020 4:50am
  •  EuDoll
  • | Joined Feb 2015 | Status: Member | 22 Posts
According to monthly trend lines, next stop is maybe 1.1
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  • Post #112,708
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  • Jul 22, 2020 5:06am Jul 22, 2020 5:06am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 998 Posts
Quoting EuDoll
Disliked
According to monthly trend lines, next stop is maybe 1.1{image}{image}{image}
Ignored
I would actually draw the resistance line a bit higher, because the way you drew it you cross several candle bodies. If you adjust this the resistance is rather in the area 1.159 - 1.17 so it has not yet been reached. This resistance will probably trigger a correction, but there is no reason to go back to 1.10 after it fought out 4 monthly hammers and decided to go up...
Another day, another dollar.
 
 
  • Post #112,709
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  • Jul 22, 2020 5:09am Jul 22, 2020 5:09am
  •  saeedbarzvar
  • | Joined Sep 2011 | Status: Trust your brain | 75 Posts
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Find your passion and work hard
 
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  • Post #112,710
  • Quote
  • Jul 22, 2020 5:19am Jul 22, 2020 5:19am
  •  EuDoll
  • | Joined Feb 2015 | Status: Member | 22 Posts
Quoting nic9man
Disliked
{quote} I would actually draw the resistance line a bit higher, because the way you drew it you cross several candle bodies. If you adjust this the resistance is rather in the area 1.159 - 1.17 so it has not yet been reached. This resistance will probably trigger a correction, but there is no reason to go back to 1.10 after it fought out 4 monthly hammers and decided to go up...
Ignored
I agree that there will be a few daily candles above. But reasons... Do market makers need reasons, or this virus thing?
 
 
  • Post #112,711
  • Quote
  • Jul 22, 2020 5:23am Jul 22, 2020 5:23am
  •  daniel072
  • | Joined Jul 2020 | Status: Member | 4 Posts
Until the average shortstop gets SL, the EURDoL will not go down. I read the chat and see a lot of shorts. I think EURDOL will got the upper hand yet.
 
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  • Post #112,712
  • Quote
  • Jul 22, 2020 6:07am Jul 22, 2020 6:07am
  •  sgkrishn
  • Joined Oct 2013 | Status: Long term Analyst | 1,194 Posts
Quoting saeedbarzvar
Disliked
{image}
Ignored
Nice drawing bro.
Never follow/blame others,Patience is the key skill for Succesfull trading.
 
 
  • Post #112,713
  • Quote
  • Jul 22, 2020 6:32am Jul 22, 2020 6:32am
  •  hans91
  • | Joined Jul 2018 | Status: Member | 645 Posts
Quoting louisfx
Disliked
To me once Usd index touches 94.935 level,I will exit all my long.
Ignored
Your prediction was very accurate 100%. Really amazing.
 
2
  • Post #112,714
  • Quote
  • Jul 22, 2020 6:33am Jul 22, 2020 6:33am
  •  SashaP
  • | Joined Jan 2010 | Status: Member | 1,030 Posts
Drop already started, get on the train
 
 
  • Post #112,715
  • Quote
  • Jul 22, 2020 6:53am Jul 22, 2020 6:53am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 791 Posts
Quoting SashaP
Disliked
Drop already started, get on the train
Ignored
I would have 100% agreed if we were at around 1.163x or .164x. But time will tell as always.
 
 
  • Post #112,716
  • Quote
  • Jul 22, 2020 7:11am Jul 22, 2020 7:11am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,419 Posts
Closed 2 longs

The order was
Price @1.1517

TP 1.1580

SL 20 PIPS.

Sidelines now.
 
 
  • Post #112,717
  • Quote
  • Jul 22, 2020 7:25am Jul 22, 2020 7:25am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Member | 2,483 Posts
Quoting Wavegarrick
Disliked
Hi Guys, Just something to bear in mind. Here's the thing for me. We've had 3 weeks of bull strength. I do see reason for a correction at some point, as mentioned in my previous post. We are currently testing my daily pivot at 1.14328 and a 4hr close below could send this pair back down some more. My weekly pivot at 1.13983 which acts as a magnet likes to be tested. There is more reason, since 1.1450 was tested for the round number at 1.1400 to be retested. I would not be surprised if price is dropped down to my weekly support 1 at 1.13446 for a...
Ignored
Hi Guys,

Eu from a daily perspective is at a very important level. My yearly pivot res 1 at 1.1569. My monthly res 2 at 1.15739 usually holds. I would be very cautious to buy or sell at this point. If anything I would wait for a decent correction to buy or alternatively sell on a confirmed sell signal.

Trade safe.
Cheers
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Trade to Trade another day.
 
7
  • Post #112,718
  • Quote
  • Jul 22, 2020 7:26am Jul 22, 2020 7:26am
  •  hesron
  • Joined Dec 2012 | Status: Member | 2,365 Posts
DXY is very oversold until tf daily
Price not repeat itself. but manipulated every time and in all type markets
 
 
  • Post #112,719
  • Quote
  • Jul 22, 2020 8:37am Jul 22, 2020 8:37am
  •  Compound
  • Joined Jan 2014 | Status: Stranger | 306 Posts
As usual if the cycle is fulfilled i will take a correction, if the trend changes it's a bonus
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There is no perfect system
 
1
  • Post #112,720
  • Quote
  • Jul 22, 2020 8:38am Jul 22, 2020 8:38am
  •  LCForex
  • Joined Sep 2013 | Status: Member | 1,641 Posts
Quoting LCForex
Disliked
{quote} DX Weekly {image}
Ignored
Good Morning Folks. Today we hit the minimun target in the DX. Cheers!!
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Don't believe me just watch!
 
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