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EURUSD

  • #1,177,381
  • Aug 5, 2020 8:49am Aug 5, 2020 8:49am
Quoting VuLe
{quote} team bulls yassssss

Approaching H4 double top from the high of the previous wave, let's see. More USD news in about 10 min as well.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,382
  • Aug 5, 2020 8:52am Aug 5, 2020 8:52am
Quoting khalid33
we will see 1.14 this week {image}
Quoting mistaouting
{quote} bull just taking a break bro! Don't get 2 excited EDIT: had to let the kids play a little
Where is my guy with all those lovely pictures lol
LOCK IN RE-ENTER
  • #1,177,383
  • Aug 5, 2020 8:53am Aug 5, 2020 8:53am
Quoting VuLe
{quote} team bulls yassssss

10 days ADR at 100% so "maybe" a pull back to about 1.183-1.182 and then back up, or even down to around 1.175. I could be very wrong here as well, considering everything we could also get an aggressive break of the highs upward and then continuation [maybe after a pullback tomorrow]
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,384
  • Edited 9:06am Aug 5, 2020 8:53am | Edited 9:06am
Quoting pgidia
{quote} So even buyers are less it is up what does that mean ? How does this work
Usually sentiment is if there are more sellers then buyers, it is a buy. If there are more buyers then sellers, it is a sell. So whatever retails are majority, banks and hedge funds and institutions will do the opposite. Sometimes they will let the sentiment go where retails are going but not for long. That is just to get them to add more positions and institutions will do the opposite and knock everyone out of their positions. I think it is called the blackjack theory or strategy.
  • #1,177,385
  • Aug 5, 2020 8:55am Aug 5, 2020 8:55am
Quoting VuLe
{quote} team bulls yassssss
Approaching double bottom on the USD Index too, so all in all.. this is a crucial zone.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,386
  • Aug 5, 2020 8:55am Aug 5, 2020 8:55am
1899 sell
  • #1,177,387
  • Aug 5, 2020 8:58am Aug 5, 2020 8:58am
Quoting leashedmode
{quote} Approaching double bottom on the USD Index too, so all in all.. this is a crucial zone.
yes... I am expecting one fast spike and kill all the bears that try to sell double top... I am expecting 1.1920ish and then the pull back...
Trade what you see, take what the market gives you.
  • #1,177,388
  • Aug 5, 2020 9:00am Aug 5, 2020 9:00am
Quoting SashaP
1899 sell
First target 1830
  • #1,177,389
  • Aug 5, 2020 9:01am Aug 5, 2020 9:01am
Quoting SashaP
1899 sell
Stop at BE
  • #1,177,390
  • Aug 5, 2020 9:05am Aug 5, 2020 9:05am
Quoting VuLe
{quote} yes... I am expecting one fast spike and kill all the bears that try to sell double top... I am expecting 1.1920ish and then the pull back...

Agreed, usually if there isn't a spike like that.. For me it is a hint of price continuing lol and when there is a spike, I take it as price [probably] reversing for a while. But yes it should be a spike, meaning rejection for the hourly candle or at least no more than one close in the zone.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,391
  • Aug 5, 2020 9:07am Aug 5, 2020 9:07am
EURUSD remains bullish for long term.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.....Monthly.png Size: 53 KB
  • #1,177,392
  • Aug 5, 2020 9:09am Aug 5, 2020 9:09am
Quoting Techanalyst
EURUSD remains bullish for long term. {image}
is that you who keep saying...it

I don't think they are listening lol
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  • #1,177,393
  • Aug 5, 2020 9:19am Aug 5, 2020 9:19am
buy buy when bye bye
  • #1,177,394
  • Aug 5, 2020 9:19am Aug 5, 2020 9:19am
Quoting Techanalyst
EURUSD remains bullish for long term. {image}
Exactly how I am looking at it, mostly I see people taking minor pullbacks as a trend reversal.. I don't understand why, unless major support zones are broken, which are way off at the moment.. for now even 1.170 is holding like a boss. Except of scalpers maybe, even short term traders should be more leaned towards only buying in such a bullish trend. Easy pips + can build more on higher lows as the trend continues + can also double up the previous positions on major support zones/ HLs and all without having to risk much or pretty much any drawdown. It's a plus plus. Maybe it's just me because trying to trade reversals has never been a comfortable ride for me, unless the trend has "actually" reversed.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,395
  • Aug 5, 2020 9:20am Aug 5, 2020 9:20am
Quoting Techanalyst
EURUSD remains bullish for long term. {image}
yup, it gave me this in 6 hours, lol
Attached Image
  • #1,177,396
  • Aug 5, 2020 9:23am Aug 5, 2020 9:23am
200 PIP move down by friday looks achievable
  • #1,177,397
  • Aug 5, 2020 9:26am Aug 5, 2020 9:26am
Quoting Js3mwtRc
We are near strong support. My 2 cents for todays move down from 1785. EU has changed attitude, the only day I saw a move down like that was at 25 jun. 2020 near 1200 where EU slowly returned to the upside and then broke up and here is were it is today. <b>The only reasons I can think is that the price went all down here to load more buyers for the new Month and it fell because of profit taking. As I said August isn't a good Month for trading, but some times the volatility can do crazy things. I will wait for a sustained move above 1.1785 after...
Target achieved, It took only two days, I was waiting more maybe three, but it runned fast up yesterday and ADP today helped the move,

congrats for those who took the lows as entry.
Looking for profitable short term trades ...|
  • #1,177,398
  • Aug 5, 2020 9:31am Aug 5, 2020 9:31am
Quoting SashaP
200 PIP move down by friday looks achievable

I hope so, good support there.. will be looking to add longs there as long as 1.170-1.169 holds. It's about 38.2/50/61.8 Fibo of the previous weekly candle, for now it has broken -61.8 of the same Fibo pretty aggressively. Will look into riding some shorts to 1.170 if 1.185-1.183 is broken clearly.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,399
  • Aug 5, 2020 9:34am Aug 5, 2020 9:34am
Quoting leashedmode
{quote} I hope so, good support there.. will be looking to add longs there as long as 1.170-1.169 holds. It's about 38.2/50/61.8 Fibo of the previous weekly candle, for now it has broken -61.8 of the same Fibo pretty aggressively. Will look into riding some shorts to 1.170 if 1.185-1.183 is broken clearly.
first 1.2000
  • #1,177,400
  • Aug 5, 2020 9:35am Aug 5, 2020 9:35am
I'm back in black.
Founder of Sutherland Wave Principle
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