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  • #113,221
  • Aug 5, 2020 4:12pm Aug 5, 2020 4:12pm
Quoting hasilnyata
{quote} {image}
When everyone is bullish, what should one do? If one subscribes to the contrarian method, one sells :-)
  • #113,222
  • Aug 5, 2020 6:04pm Aug 5, 2020 6:04pm
I took 8670 long position now.
Chart looks very good to have long position.
On 4 hour chart it is repelled at 1.19 twice.
But it did not go down much this time.
And also it is supported by 50 MA twice.
Attached Image
  • #113,223
  • Aug 5, 2020 6:12pm Aug 5, 2020 6:12pm
market need break 1.19096/1.2000000 as bulls continuation tf monthly or market make deep correction ..... as prediction NFP will be grew in friday .... but all about price is depend on smart money
The Average Discount Everything
  • #113,224
  • Aug 5, 2020 6:19pm Aug 5, 2020 6:19pm
Morning, still alive! Currently riding long here. I'm guessing there must be a tonn of stops just above 1.1900. Will be interesting if/when it hits them and they all get triggered
Emotional Control. Process, not outcome.
  • #113,225
  • Aug 5, 2020 7:58pm Aug 5, 2020 7:58pm
bulls under pressure in sesi asia ... whether reversal will happen in this day
The Average Discount Everything
  • #113,226
  • Aug 5, 2020 9:51pm Aug 5, 2020 9:51pm
Short at 1.187x-8x tp 1.186x
  • #113,227
  • Aug 5, 2020 11:02pm Aug 5, 2020 11:02pm
Quoting louisfx
{quote} Here we goooooo
Yes 1.20000 sure for today.
Make it Green
  • #113,228
  • Aug 5, 2020 11:04pm Aug 5, 2020 11:04pm
Quoting sqaguru
{quote} When everyone is bullish, what should one do? If one subscribes to the contrarian method, one sells :-)
Not when it has not gotten to 1.2000
Make it Green
  • #113,229
  • Aug 5, 2020 11:05pm Aug 5, 2020 11:05pm
so far so good, getting ready for the speed bumps (stop triggers) just above 1.1900
Emotional Control. Process, not outcome.
  • #113,230
  • Aug 5, 2020 11:30pm Aug 5, 2020 11:30pm
EU has reached in sell zone on yearly so I shall kepp selling from 1.1950 till 1.25 on jump up of every 50 Pips target 1.10 for next 3 to 6 moths
  • #113,231
  • Aug 5, 2020 11:44pm Aug 5, 2020 11:44pm
Quoting sartu
EU has reached in sell zone on yearly so I shall kepp selling from 1.1950 till 1.25 on jump up of every 50 Pips target 1.10 for next 3 to 6 moths
no my friend .... trend now is bullish in tf monthly .... so as monthly target is the first target is 1.20542/1.23395/129654

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The Average Discount Everything
  • #113,232
  • Aug 5, 2020 11:45pm Aug 5, 2020 11:45pm
Hi Ata

Do you think this spike was a stop run?
And is there enough bull power to touch 1.195ish today?

Thanks mate
Cheers
  • #113,233
  • Aug 5, 2020 11:52pm Aug 5, 2020 11:52pm
don't ride the bears ... ugly price movement
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The Average Discount Everything
  • #113,234
  • Aug 5, 2020 11:57pm Aug 5, 2020 11:57pm
Quoting Dibzoolian
Hi Ata Do you think this spike was a stop run? And is there enough bull power to touch 1.195ish today? Thanks mate Cheers
First of all I don't believe that bulls will touch 1.20 straight ahead.. It will get ugly.. This might be the early signals of a shake-out phase..

For your question: We can't speculate just with a tiny spike. It is best to wait for more signs. My suggestion is to just focus on 1.1800 support area for now as the main bullish protector. I keep buying dips and touches to Dashed-BLUE line as usual and as long as H1 candles are above green line (currently around 1.1853) my bias stays bullish intraday wise..

Stay Green
Focus only on what truly matters!
  • #113,235
  • Aug 6, 2020 12:36am Aug 6, 2020 12:36am
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  • #113,236
  • Aug 6, 2020 12:57am Aug 6, 2020 12:57am
Oh god thank you - I narrowly avoiding being long right around the top, and instead have a bunch of shorts. I really hope it at least goes to 1.180 today !
  • #113,237
  • Aug 6, 2020 12:59am Aug 6, 2020 12:59am
tf h1 now reversal .... better wait 1.18 asa Ata-Turkoglu said to buy more
The Average Discount Everything
  • #113,238
  • Aug 6, 2020 1:03am Aug 6, 2020 1:03am
This is not very good.
Chart touches new high but it sudden drop down rapidly.
I closed my long position.

I hope it would try new high again but I wait for better opportunity now.
Attached Image
  • #113,239
  • Aug 6, 2020 2:02am Aug 6, 2020 2:02am
Quoting Traderview
An 1hr close below 1.1840 is not going to be good for bulls.
  • #113,240
  • Aug 6, 2020 2:23am Aug 6, 2020 2:23am
The last H4 candle came down very sharply and MACD is showing early divergence sign , but on the other hand it could be forming a "cup and handle " pattern and continue uptrend towards 1.12.
I'm a bit confused and will not rush into trading for a few hours .

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