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  • #1,176,501
  • Jul 29, 2020 10:18am Jul 29, 2020 10:18am
So EUR's a safe-haven currency right? Is this rally a representation of fear in the marketplace? China tensions, covids second wave etc

Picking a top is risky biz
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,176,502
  • Jul 29, 2020 10:19am Jul 29, 2020 10:19am
Quoting SashaP
{quote} It absolutely does! I guarantee you 90% of traders here do not hold more than 200 pips. This is where losses coming from

  1. due to covid flareup second time, fed cannot raise rates till march 2021
  2. last time also 15 out of 17 fed members talked about holding low rates

what are ypour thoughts for today

  • #1,176,503
  • Jul 29, 2020 10:20am Jul 29, 2020 10:20am
Quoting here2there
{quote} What makes you think any of us care how many pips you're holding? And how does your comment add value to this thread?
Kind of rude!

Sasha...should share because some of the trades have been in question....

Best to not even comment if you don't care.

I would like to hear about these pips....I want them also

EDIT: and she has handle the scrutiny well! I have seen others crying through there post when someone questions them
LOCK IN RE-ENTER
  • #1,176,504
  • Jul 29, 2020 10:21am Jul 29, 2020 10:21am
Quoting SashaP
And I am holding about 5000 pips, not that I want to give em away
how are you holding about 5k pips?
LOCK IN RE-ENTER
  • #1,176,505
  • Jul 29, 2020 10:21am Jul 29, 2020 10:21am
Quoting VuLe
{quote} I am expecting to see a spike north. People assuming 1.1777 is going to hold so there are a lot of sellers right now.
But I see 100 MA on Monthly Chart at this level see image on my this post
https://www.forexfactory.com/thread/...7#post13085907
PaRaM
  • #1,176,506
  • Jul 29, 2020 10:22am Jul 29, 2020 10:22am
You guys must give sasha some credit as well. She picks good places to attempt short.. like double top 1.1777... I know there are people that shorted around 1.1750/1.1740.

she probably has sl at BE right now.
Trade what you see, take what the market gives you.
  • #1,176,507
  • Jul 29, 2020 10:24am Jul 29, 2020 10:24am
Quoting mistaouting
{quote} how are you holding about 5k pips?
Well I divided account size to pip size
  • #1,176,508
  • Jul 29, 2020 10:24am Jul 29, 2020 10:24am
Quoting VuLe
You guys must give sasha some credit as well. She picks good places to attempt short.. like double top 1.1777... I know there are people that shorted around 1.1750/1.1740. she probably has sl at BE right now.
Can't put be before fomc, spread size is going to kill my trade
  • #1,176,509
  • Jul 29, 2020 10:25am Jul 29, 2020 10:25am
Quoting pgidia
Can we sell here with small SL {image}
yeah, it is a good attempt to sell double top, with your analyst. We all have different ideas and everything is play by probability. Your call may not be correct but thats why you have sl. Same to me and other “smarter” traders with sl.
Trade what you see, take what the market gives you.
  • #1,176,510
  • Jul 29, 2020 10:26am Jul 29, 2020 10:26am
Quoting SashaP
{quote} Can't put be before fomc, spread size is going to kill my trade
well, thats good too then bc I am believing a sell for eurousd as well. So yes, hopefully you can catch a big fish in the market. I was suppose to be on the sideline till whatever the market draws out, but I couldnt help it and enter buy for a tiny scalp.
Trade what you see, take what the market gives you.
  • #1,176,511
  • Jul 29, 2020 10:27am Jul 29, 2020 10:27am
Also let's be logical. Anything that can weaken USD we didn't know before today's levels? Covid,China, end of stimulus, second wave. Price should be in the market already.
  • #1,176,512
  • Jul 29, 2020 10:27am Jul 29, 2020 10:27am
Quoting mistaouting
{quote} Kind of rude! Sasha...should share because some of the trades have been in question.... Best to not even comment if you don't care. I would like to hear about these pips....I want them also EDIT: and she has handle the scrutiny well! I have seen others crying through there post when someone questions them
Honestly!
I admire her calmness in face of criticism...

Back 2 d topic.
M taking my bet on EUR not dropping.
  • #1,176,513
  • Jul 29, 2020 10:36am Jul 29, 2020 10:36am
Quoting SashaP
Also let's be logical. Anything that can weaken USD we didn't know before today's levels? Covid,China, end of stimulus, second wave. Price should be in the market already.
At least are you holding any stop loss!
Looking for profitable short term trades ...|
  • #1,176,514
  • Jul 29, 2020 10:37am Jul 29, 2020 10:37am
Quoting mistaouting
{quote} Kind of rude! Sasha...should share because some of the trades have been in question.... Best to not even comment if you don't care. I would like to hear about these pips....I want them also EDIT: and she has handle the scrutiny well! I have seen others crying through there post when someone questions them
That's your opinion.

My point is it just sounds like bragging. If there is something to prove, then there should be something more to see than someone telling people how many pips he or she is holding. Without anything to back up the statement, it doesn't prove a thing, and thus any trades that are questionable remain so.
Learn from your mistakes and march on.
  • #1,176,515
  • Jul 29, 2020 10:38am Jul 29, 2020 10:38am
Quoting Js3mwtRc
{quote} At least are you holding any stop loss!
Negative
  • #1,176,516
  • Jul 29, 2020 10:38am Jul 29, 2020 10:38am
Quoting VuLe
{quote} yeah, it is a good attempt to sell double top, with your analyst. We all have different ideas and everything is play by probability. Your call may not be correct but thats why you have sl. Same to me and other “smarter” traders with sl.
No I am not selling double top I was trading with Moving Average
For scalping I am using MA Resistance which can give quick 10-20 pips

If against then also small SL so no worries
PaRaM
  • #1,176,517
  • Jul 29, 2020 10:43am Jul 29, 2020 10:43am
Okay waiting for a better price, maybe after fomc now
  • #1,176,518
  • Edited 10:59am Jul 29, 2020 10:44am | Edited 10:59am
Eur/usd I'm expecting another 5 swings to the battle and rejection of 1.1970.
Flat correction ahead 3 to 4 @1820 , sharp 5 up to resistance @ 1890 drop down into the 6inator @ 1850 and 7 takes us to the battle of 1970.
Flat correction ahead steady as she goes.
Attached Image (click to enlarge)
Click to Enlarge Name: 1970.png Size: 12 KB
Founder of Sutherland Wave Principle
  • #1,176,519
  • Jul 29, 2020 10:48am Jul 29, 2020 10:48am
Quoting briancollins
{quote} Honestly! I admire her calmness in face of criticism... Back 2 d topic. M taking my bet on EUR not dropping.
The problem is there is way too much bragging in this thread. It's like this place is filled with attention seekers looking for an atta boy. It's annoying. It doesn't add any value to the thread. What adds value is charts with explanations (something rarely seen in here).
Learn from your mistakes and march on.
  • #1,176,520
  • Jul 29, 2020 10:48am Jul 29, 2020 10:48am
Quoting pgidia
{quote} No I am not selling double top I was trading with Moving Average For scalping I am using MA Resistance which can give quick 10-20 pips If against then also small SL so no worries
you are not selling a double top. But according to the market.. it is a double top... im stating what I see.. and your analysis shows 100 MA sell signal. For me usually I dont just base on BB. Some time I use several indicator to pinpoint an exact area, then I would feel hella more confident knowing that several strategy pinpoint that one spot.
Trade what you see, take what the market gives you.
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