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EURUSD only

  • #113,261
  • Aug 6, 2020 9:18pm Aug 6, 2020 9:18pm
I prefer short 1.188 that's just my style.

I think it will be very tricky today at euro open and us open
  • #113,262
  • Aug 6, 2020 9:22pm Aug 6, 2020 9:22pm
I closed my long position.
It violate bottom line which I draw on 1 hour chart.
I might take position again when it reaches 75 MA.
Attached Image
  • #113,263
  • Aug 6, 2020 10:24pm Aug 6, 2020 10:24pm
Quoting Traderview
Still no 1hr closed below 1.1841. Until then bears will face the hard times. I don't see a bull move above 1.1880 either. I think it ranges from 1.1870- 1.1827. I'm on sidelines now.
Moved sl to BE @1.1880.
See you guys after LO.
  • #113,264
  • Aug 6, 2020 10:55pm Aug 6, 2020 10:55pm
Quoting Traderview
{quote} Moved sl to BE @1.1880. See you guys after LO.
Wtf, [email protected] Hit already. Didn't expect it this quickly. Bagged 53 pips.

1hr closed below 1.1841. Sell it as high as you can. 1.1840 - 1.1860 will act as strong resistance.
  • #113,265
  • Aug 6, 2020 11:22pm Aug 6, 2020 11:22pm
Bought 1.18275
SL = 25p
TP = 1.1860
  • #113,266
  • Edited Aug 7, 2020 12:05am Aug 6, 2020 11:27pm | Edited Aug 7, 2020 12:05am
indeed I am still very stupid in market analysis ..... I thought about what the seniors in this group said about the EU, that the EU will move up one more time when the lowest price is reached ... may be the smart money think and depend on order flow
The Average Discount Everything
  • #113,267
  • Aug 7, 2020 12:01am Aug 7, 2020 12:01am
Start of a down leg
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: EUR2342.png Size: 69 KB
  • #113,268
  • Aug 7, 2020 12:25am Aug 7, 2020 12:25am
Short @1.18373
SL 20 Pips
TP open

M5
  • #113,269
  • Aug 7, 2020 12:52am Aug 7, 2020 12:52am
Still looks bullish to me especially as yesterday's low wasn't breached and we had a new weekly high. We could see 1.21095 at the end of today
Risk comes from not knowing what to do
  • #113,270
  • Aug 7, 2020 1:15am Aug 7, 2020 1:15am
Im selling now 1845 for a coffe, Sl: 1860
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-08-07-13-11-03-521_net.metaquotes.metatrader4.jpg Size: 238 KB
  • #113,271
  • Aug 7, 2020 1:21am Aug 7, 2020 1:21am
Quoting sqaguru
Bought 1.18275 SL = 25p TP = 1.1860
Moved stop to +10p and moved TP to 1.1850
  • #113,272
  • Aug 7, 2020 1:36am Aug 7, 2020 1:36am
There's a post I made from my phone which doesn't seem to be here. Basically I'm just doing range play for today, I closed my short at 1.183 and I went long there as well, unfortunately it got stopped (I made the mistake of tight stop), so I went long again at .1.1835, and I expect it will run up again once, into europe open. Not sure what will happen after, but yeh.

I think it's very likely today the 1.183 - 1.189 range will break today.
  • #113,273
  • Aug 7, 2020 1:47am Aug 7, 2020 1:47am
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-08-07-07-25-14.jpg Size: 198 KB

The way I see it now


In my last post on EURUSD, I did pointed out a bearish structure on the H1 time frame and wrote that price action within the zone is critical to determine the next directional move

Considering the EUR is currently stronger than the USD a break above top should produce decent result

Note USD Strength as been recovering in the last about 30 hours.
  • #113,274
  • Aug 7, 2020 1:56am Aug 7, 2020 1:56am
Based on Daily I see a slow, sideways period coming but still too early to tell..

Intraday wise we are below H1 green line since 5 hours ago and therefore I switched back to bearish scalpers! (An hourly candle close below 1.1812 can help bears) Overall it will be a mixed phase for sure.. Trade safe!

Stay Green
Focus only on what truly matters!
  • #113,275
  • Aug 7, 2020 4:42am Aug 7, 2020 4:42am
Buy order 1.1812
TP 1.1830
SL 1.1798
  • #113,276
  • Aug 7, 2020 4:45am Aug 7, 2020 4:45am
Quoting Dibzoolian
Buy order 1.1812 TP 1.1830 SL 1.1798
i wouldn't. i'd rather wait until nfp and sell as high as i can.
  • #113,277
  • Aug 7, 2020 4:49am Aug 7, 2020 4:49am
As Ata mentions 1810 is important line.
On 8 and 4 hours chart, Ichimoku base line is there.
If it goes below 1810 I am sure sentiment turns to bear.
I am going to watch it carefully for next 1-4 hours.
Then I decide which side I join in.
Attached Image
  • #113,278
  • Aug 7, 2020 5:24am Aug 7, 2020 5:24am
Quoting Traderview
{quote} i wouldn't. i'd rather wait until nfp and sell as high as i can.
Thanks for the advice, it was a scalp and just closed it manually at 1.1821 .

Cheers
  • #113,279
  • Aug 7, 2020 5:58am Aug 7, 2020 5:58am
Quoting qupkaz
As Ata mentions 1810 is important line
And what a coincidence, it is the bottom line of "my" London Open box:

Attached Image

All we are saying is give bulls a chance...
  • #113,280
  • Aug 7, 2020 6:25am Aug 7, 2020 6:25am
Quoting bigiivan
Sell at 1,1837 without SL or TP.
Out + 18 pips.
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