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EURUSD only

  • #113,121
  • Aug 2, 2020 6:53am Aug 2, 2020 6:53am
Quoting Jakinthebox
{quote} make sure you have a s/l in place
The movements in the Euro are in the range of higher intraday volatility and in this case the accuracy of the stop loss may not work. It would be better to close the trades manually.
FXOpen - International True ECN Broker
  • #113,122
  • Aug 2, 2020 7:00am Aug 2, 2020 7:00am
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The Average Discount Everything
  • #113,123
  • Aug 2, 2020 12:44pm Aug 2, 2020 12:44pm
Quoting khalid33
enough is enough {image}
A lot more can be cut since EURUSD was 1.5936 on 7 July 2008
  • #113,124
  • Aug 2, 2020 2:40pm Aug 2, 2020 2:40pm
Daily S/R Levels for Monday

For Monday and maybe for the next 2 to 3 weeks price will probably spend some serious time in this range between 1.1600 and 1.1920.. Some of you will probably prefer to wait until price drops into yellow zone and then look for buy opportunities there or will risk sell opportunities whenever bulls go for a retest towards 1.1854 and maybe a little higher..

I hope it helps!

Stay Green
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Focus only on what truly matters!
  • #113,125
  • Aug 2, 2020 3:36pm Aug 2, 2020 3:36pm
Quoting Ata-Turkoglu
Daily S/R Levels for Monday For Monday and maybe for the next 2 to 3 weeks price will probably spend some serious time in this range between 1.1600 and 1.1920.. Some of you will probably prefer to wait until price drops into yellow zone and then look for buy opportunities there or will risk sell opportunities whenever bulls go for a retest towards 1.1854 and maybe a little higher.. I hope it helps! Stay Green {image}
I have similar thoughts on the near term outlook. The risk to traders is that with current volatility, any short positions need to have large stops.
  • #113,126
  • Aug 2, 2020 3:46pm Aug 2, 2020 3:46pm
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Only will sell in restest or if breaks the trend line, i see sell with confirmation in W and D charts..
good trades all.
  • #113,127
  • Aug 2, 2020 4:24pm Aug 2, 2020 4:24pm
This month EU expected to trade above 1.15 and below 1.1870
Noting that 1.1640s-1.1670s strong support on the way down, only a base below will target 1.15 while on upside game on for any level to hold as resistance to then retrace down..however..1.1870 will be the red line.

Trade accordingly..Good Luck
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #113,128
  • Aug 3, 2020 2:29am Aug 3, 2020 2:29am
market must be up to 1.18246 , if not .... better don't ride sell ... must be hurt
The Average Discount Everything
  • #113,129
  • Aug 3, 2020 4:16am Aug 3, 2020 4:16am
Quoting Wavegarrick
{quote} Hi Guys, For the first time in 3 weeks, I am getting subtle bearish hints, not full confirmation yet. If price retraces up I will be looking for a bearish 4hr signal below 1.1850. It is Friday and I am not going to risk opening a trade now. Next week should give a better picture. Have a great weekend, Cheers {image}
Hi Guys,
Test the water sell trade at 1.17661 with a stop loss of 25 pips.
Have a great week,
Cheers.
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Trade to trade another day
  • #113,130
  • Aug 3, 2020 4:20am Aug 3, 2020 4:20am
Quoting raju0189
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Re-insert the keyboard after cleaning the lenses
Risk comes from not knowing what to do
  • #113,131
  • Aug 3, 2020 5:21am Aug 3, 2020 5:21am
Quoting Wavegarrick
{quote} Hi Guys, Test the water sell trade at 1.17661 with a stop loss of 25 pips. Have a great week, Cheers. {image}
It's a key price. I'm holding from 1.1767.
  • #113,132
  • Aug 3, 2020 5:31am Aug 3, 2020 5:31am
Entered a long here @ 1.1715 SL @ 30 pips. If breaks, will be looking for 1.16715.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #113,133
  • Aug 3, 2020 5:38am Aug 3, 2020 5:38am
Quoting Traderview
{quote} It's a key price. I'm holding from 1.1767.
TP Hit @1.1720 bagged 47 pips.
  • #113,134
  • Aug 3, 2020 6:04am Aug 3, 2020 6:04am
no strong sell ... make confuse price movement
The Average Discount Everything
  • #113,135
  • Aug 3, 2020 6:40am Aug 3, 2020 6:40am
Quoting hesron
no strong sell ... make confuse price movement
I think it is a strong sell, as long as price stays below 1.1763.
  • #113,136
  • Aug 3, 2020 6:58am Aug 3, 2020 6:58am
Bearish H&S on H1 passed the neck line but seems wait for
NY confirmation
  • #113,137
  • Aug 3, 2020 7:08am Aug 3, 2020 7:08am
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  • #113,138
  • Aug 3, 2020 7:18am Aug 3, 2020 7:18am
I'm looking for a retest of the resistance or break of support. I'm bearish on this one.
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adapt or be killed
  • #113,139
  • Aug 3, 2020 8:16am Aug 3, 2020 8:16am
I'm expecting this weakness to last until 1650 area, then upwards until double top or beyond.
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  • #113,140
  • Aug 3, 2020 8:23am Aug 3, 2020 8:23am
Let's see what happens when we get to 1.167x levels (where we will likely get very shortly).
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