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  • #1,178,001
  • Aug 9, 2020 3:01am Aug 9, 2020 3:01am
Quoting leashedmode
{quote} https://www.youtube.com/watch?v=xFzJWlFhHD4
Trump just signed the stimulus by Presidential power.Lol. Battle just started.Usd dropping
Make it Green
  • #1,178,002
  • Aug 9, 2020 4:02am Aug 9, 2020 4:02am
EURUSD has fallen from our zone and it gave 3 good opportunities to short last week. Now do not get fooled by its fall on Friday. it still has little steam left to go higher. So be careful if you are shorting this. I am watching few levels. In this analysis I start from yearly time frame to all the way to 4H to conduct my multi timeframe analysis.

Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #1,178,003
  • Aug 9, 2020 4:28am Aug 9, 2020 4:28am
Quoting VuLe
{quote} watched it... he is signing several executive orders xD. I sense that republican going to go on vacation... it part of the plan to make trump look good if he signed it while republican is away. I am expecting a nice gap down. Come on Daddy Trump... gove me some USD moneyyyyy

Let's see, I may short to scalp some pips to around 1.170 if it looks like it's headed that way but overall, still having a strong bullish bias until 1.170 zone holds well, maybe 10-30 pips further down from there but that should be it.. I think EU might just be visiting these demand zones to be able to break through 1.20 and beyond. I could be wrong like NFP, bagged 50 pips from 1.185 to 1.180 but if I was patient I could collect more, the dive was deeper compared to what I had expected. I am just comfortable with the pair dropping till 1.165 because that's where I will still be able to get out in green with the longs that I have been building + leaving all the way from 1.150 to keep running so let's see, the weekly candle looks like the price remains confused, which should be sorted and conquered by either the bulls or the bears within next week [or the one after] Let's see
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,178,004
  • Aug 9, 2020 7:00am Aug 9, 2020 7:00am
This week coming, EUR up and USD down. Trade safe.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSD.....Weekly.png Size: 65 KB
  • #1,178,005
  • Aug 9, 2020 8:18am Aug 9, 2020 8:18am
Quoting Techanalyst
This week coming, EUR up and USD down. Trade safe. {image} {image}

no no no... USD up first... then I tp and then your prediction comes in . I sense Donald Trump will be having another conference sometime today...
Trade what you see, take what the market gives you.
  • #1,178,006
  • Aug 9, 2020 10:30am Aug 9, 2020 10:30am
My take. A single large bear Daily candle does not make a bear trend.
EURUSD, broke below short term rising trendline and that is very bearish. But price can also morph into possible bullish flag/channel (green colour lines).
The next resistance is 1.20 figure, while support below is 1.15. So now EURUSD is right in the middle.....
See below 4hr charrts
Attached Image
Attached Image
  • #1,178,007
  • Aug 9, 2020 10:33am Aug 9, 2020 10:33am
I believe it will go long again. We have Daily MA on 1.1755. That's our support.
Attached Image (click to enlarge)
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  • #1,178,008
  • Aug 9, 2020 12:18pm Aug 9, 2020 12:18pm
I will be shorting no matter what
  • #1,178,009
  • Aug 9, 2020 2:03pm Aug 9, 2020 2:03pm
Sorry to get everyone hyped. Eu gap up 9pip with 10pip spread 1.1791-1.1801

well... thats that. Will probably exit on BE and watch market draw out
Attached Image (click to enlarge)
Click to Enlarge Name: 5E50A4DD-2CB0-4722-B1C1-E9742DBDF9DA.png Size: 657 KB
Trade what you see, take what the market gives you.
  • #1,178,010
  • Aug 9, 2020 2:05pm Aug 9, 2020 2:05pm
Much likely a corrective move, mate.

Stay safe, trade safe.

KP

Quoting VuLe
Sorry to get everyone hyped. Eu gap up 9pip with 10pip spread 1.1791-1.1801 well... thats that. Will probably exit on BE and watch market draw out {image}
Do your homework, follow the footprints of smart money
  • #1,178,011
  • Aug 9, 2020 3:07pm Aug 9, 2020 3:07pm
Quoting SilentFather
I believe it will go long again. We have Daily MA on 1.1755. That's our support. {image}
Ur Chart is beautifu

If u don't care, What's d name of d indi in d main chart?
  • #1,178,012
  • Aug 9, 2020 3:08pm Aug 9, 2020 3:08pm
Quoting PatienceFx
I will be shorting no matter what
Careful pal.
Dis is d kind of stubbornness that make u loose money.

U re a great trader, stick 2 ur system.
  • #1,178,013
  • Aug 9, 2020 3:11pm Aug 9, 2020 3:11pm
Quoting VuLe
Sorry to get everyone hyped. Eu gap up 9pip with 10pip spread 1.1791-1.1801 well... thats that. Will probably exit on BE and watch market draw out {image}
Gaps? Are you guessing where the gap may be?
  • #1,178,014
  • Aug 9, 2020 3:12pm Aug 9, 2020 3:12pm
Quoting briancollins
{quote} Careful pal. Dis is d kind of stubbornness that make u loose money. U re a great trader, stick 2 ur system.
Why? Who cares, let him sell and lose money. It will bring buy profit for traders like myself that want to buy EURUSD that will cleary go a lot more up.
  • #1,178,015
  • Aug 9, 2020 3:19pm Aug 9, 2020 3:19pm
Quoting Techanalyst
{quote} Why? Who cares, let him sell and lose money. It will bring buy profit for traders like myself that want to buy EURUSD that will cleary go a lot more up.

Is that what We do now?

My personal thought (not a trading advice) 4.d week

Price will hit 1.2000 - 1.2100
This week b4 heading South. For a correction.
  • #1,178,016
  • Aug 9, 2020 3:27pm Aug 9, 2020 3:27pm
Quoting Techanalyst
{quote} Gaps? Are you guessing where the gap may be?
it opened up earlier already. Now it is just ranging. I am expecting 1.19xx as well. Not shorting this. Will probably look to exit. And just watch. I am more focus on Kiwi for Tuesday trading
Trade what you see, take what the market gives you.
  • #1,178,017
  • Aug 9, 2020 3:33pm Aug 9, 2020 3:33pm
1900->1550
Everyone can see the chart, but only a few can actually read it.
  • #1,178,018
  • Aug 9, 2020 3:41pm Aug 9, 2020 3:41pm
Quoting OnlineAddict
1900->1550
I don't know your analysis but are you referencing that spike down to 1.5404 on 7/23?
  • #1,178,019
  • Aug 9, 2020 3:46pm Aug 9, 2020 3:46pm
Technically bulls are still favoured in the EURUSD market but the bearish pressure has increased. Consider this technical perspective from a swing trader. Technically, the EURUSD price action on the daily time frame is still more influenced by bulls than bears. On Friday it retested the prevailing horizontal support around 1.17480 before retracing northward. Besides, an inner rising trendline (blue) from recent lows is still in play, while an outer rising trendline (red) traceable to May 18, 2020 is still intact. Any bearish drive will have to contend with the 1.16900 technical area (magenta).

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_August 9, 2020.png Size: 44 KB
Do your homework, follow the footprints of smart money
  • #1,178,020
  • Aug 9, 2020 3:51pm Aug 9, 2020 3:51pm
Quoting herewardwake
{quote} I don't know your analysis but are you referencing that spike down to 1.5404 on 7/23?
Sorry, but I have no idea what you are talking about.
Everyone can see the chart, but only a few can actually read it.
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