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EURUSD

  • #1,175,841
  • Jul 24, 2020 1:08am Jul 24, 2020 1:08am
Quoting Walz
5 Day in a row with higher and higher Daily open lvl. Price is Above this lvl again and again is in bullish zone. Day by Day we have New fresh Daily high and still over and over again with higher low. This is classic uptrend. Until eu can't break for a Good 1.1539 and for confirmation 1.1506 we Don't have any serious reversal pattern. To avoid loses I recommend pending order below 1539 and 1506. if you still prefer used short trades in bullish market. No Rush. If it someday drop Good but this is still uptrend and I Don't wanna fight with this so...

Daily open lvl and H1 middle BB hold price in bullish zone.
  • #1,175,842
  • Jul 24, 2020 1:17am Jul 24, 2020 1:17am
Quoting VuLe
{quote} 240 lots?? Not sure if this is a serious question or idk??? at the end if the day, let her be. Why so pump up over her post. She is just sharing. Just like me. You guys are on bull side. Thats good. If we not following her than there isn’t any need to make post over that. Remember when I buying and buying in the 1.14xx a lot of people were shorting and against me. But we all kept it neutral. Lets all do the same to her. btw not targeting you mrbull.. speaking to everyone else who just post negative comment or nothing relatable to the threads....
Well it's 10 per lot, so 24 lots
  • #1,175,843
  • Jul 24, 2020 1:27am Jul 24, 2020 1:27am
Good day. EURUSD doesn't quit yet, so it should go up and up, but be careful on the news today, many traders may quit their bullish positions, because of that.

I will prefer to trade after the LO news end and until after the US open and again after the US news end.

Plenty of support levels to buy EU, so I don't hurry up to make any money - 1.1588, 1570, 1550, 1530, 1515... thats enough. Above we can see 1.1621, 1659, 1.1715... don't forget resistance becomes support when the price breaks it.

Have a great trading.
Looking for profitable short term trades ...|
  • #1,175,844
  • Jul 24, 2020 1:38am Jul 24, 2020 1:38am
Clearly a short position for me especially when lots of data is on the way from the Europe in next 2 hours
Manage 25 pips
  • #1,175,845
  • Jul 24, 2020 1:44am Jul 24, 2020 1:44am
Quoting sashap
{quote} well it's 10 per lot, so 24 lots
sorry for everything
  • #1,175,846
  • Jul 24, 2020 1:47am Jul 24, 2020 1:47am
Quoting Js3mwtRc
Good day. EURUSD doesn't quit yet, so it should go up and up, but be careful on the news today, many traders may quit their bullish positions, because of that. I will prefer to trade after the LO news end and until after the US open and again after the US news end. Plenty of support levels to buy EU, so I don't hurry up to make any money - 1.1588, 1570, 1550, 1530, 1515... thats enough. Above we can see 1.1621, 1659, 1.1715... don't forget resistance becomes support when the price breaks it. Have a great trading.
i am flat right now coz eu has exceeded its average monthly range and at 1621 marks my upper limit

unless of course FED does nothing
  • #1,175,847
  • Jul 24, 2020 1:55am Jul 24, 2020 1:55am
I think the Euro is waiting for the news to come and then take deep down move to hit atleast first 1.500
Manage 25 pips
  • #1,175,848
  • Jul 24, 2020 1:58am Jul 24, 2020 1:58am
Quoting PatienceFx
{quote} i am flat right now coz eu has exceeded its average monthly range and at 1621 marks my upper limit unless of course FED does nothing
It should do, I am sure we will learn more about at the weekend. Monday a new week starts, Friday profit taking day, we should watch.
Looking for profitable short term trades ...|
  • #1,175,849
  • Jul 24, 2020 2:10am Jul 24, 2020 2:10am
i was just playing around with stuff
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  • #1,175,850
  • Jul 24, 2020 2:36am Jul 24, 2020 2:36am
Again daily open lvl holds
  • #1,175,851
  • Jul 24, 2020 2:40am Jul 24, 2020 2:40am
PMI's are coming out strong from Europe Countries, above 50, so we may see EURUSD at 1.1700 today!
Looking for profitable short term trades ...|
  • #1,175,852
  • Jul 24, 2020 3:01am Jul 24, 2020 3:01am
$JY I believe it is headed towards 106 - 105.90 It will bottom out big there Time bracket today till Monday.

Same reciprocally stands for Euro . There is room to go higher BUT a big turn-around looms behind the corner.

Take your prfts early enough , before they dissipate....

Again.....my congratulations to all guys that kept long during this uptrend .
  • #1,175,853
  • Jul 24, 2020 3:05am Jul 24, 2020 3:05am
The EURUSD is not tradable atm; it's still sideways within the Asian range.

Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #1,175,854
  • Jul 24, 2020 3:10am Jul 24, 2020 3:10am
Quoting Js3mwtRc
PMI's are coming out strong from Europe Countries, above 50, so we may see EURUSD at 1.1700 today!
Interesting. Good news into early EU and London trading hours - level is holding but little reaction...Yet.

How much more good news can this pair absorb and keep rising - or is it it priced in here now?

Shorting into this zone with entries now in from 1.1609 - 1.1621. Not requiring an immediate turnaround and happy to hold the position through next week / month close and beyond
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  • #1,175,855
  • Jul 24, 2020 3:16am Jul 24, 2020 3:16am
Quoting FXSerenity
{quote} Interesting. Good news into early EU and London trading hours - level is holding but little reaction...Yet. How much more good news can this pair absorb and keep rising - or is it it priced in here now? Shorting into this zone with entries now in from 1.1609 - 1.1621. Not requiring an immediate turnaround and happy to hold the position through next week / month close and beyond {image}
This is what is delaying EU's advance:

From FF news: Eu will have to impose tariffs if u.s. Refuses talks: Le maire

This new is just a delay in my opinion, but it can turn out to be a more serious problem between Europe and US.
Looking for profitable short term trades ...|
  • #1,175,856
  • Jul 24, 2020 3:17am Jul 24, 2020 3:17am
the last h1 high low was 1601 / 1540

above 1601 i will not short
Attached Image
  • #1,175,857
  • Jul 24, 2020 3:21am Jul 24, 2020 3:21am
Quoting Js3mwtRc
PMI's are coming out strong from Europe Countries, above 50, so we may see EURUSD at 1.1700 today!
Sometimes economic data says nothing.

Euro seeems overbought for me.

1.1620 looks good to short.
  • #1,175,858
  • Jul 24, 2020 3:22am Jul 24, 2020 3:22am
Quoting Js3mwtRc
{quote} This is what is delaying EU's advance: From FF news: Eu will have to impose tariffs if u.s. Refuses talks: Le maire This new is just a delay in my opinion, but it can turn out to be a more serious problem between Europe and US.
if i understand trump correctly ; he is a businessman who thinks a wek usd means his stocks will rise in value

he is discouraging other countries to increase the value of us business holders

i may be wrong
  • #1,175,859
  • Jul 24, 2020 3:28am Jul 24, 2020 3:28am
Quoting 3Davy
{quote} Sometimes economic data says nothing. Euro seeems overbought for me. 1.1620 looks good to short.
I don't like to pick a top yet for EU, of-course the news may say nothing, but I will wait for a confirmation like, a break of support, before I think to sell.
Looking for profitable short term trades ...|
  • #1,175,860
  • Jul 24, 2020 3:29am Jul 24, 2020 3:29am
Quoting 3Davy
{quote} Sometimes economic data says nothing. Euro seeems overbought for me. 1.1620 looks good to short.
worries about elections and china tensions - usd weakness

us covid cases , usd weakness is somewhat stretched [ listening to a radio feed ]

new cases of virus infection is a concern
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