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  • #113,321
  • Aug 9, 2020 6:53pm Aug 9, 2020 6:53pm
Quoting qupkaz
This is Monday. Market will not show rapid move until London start. Until that time: range move 1782-1845 Tonight~this week: 1.160-1.188 I still believe eurusd targets 1.9 again because US scatters too much bond. But at this moment I am bear. {image} {image}
I'm sorry but could you explain what you mean by "US scatters too much bond" are you talking about the low treasury bond rates? or something else?
  • #113,322
  • Aug 9, 2020 7:33pm Aug 9, 2020 7:33pm
Morning! OK this pair close to the "big number" 1.1800. Could go either way here
Emotional Control. Process, not outcome.
  • #113,323
  • Aug 9, 2020 7:39pm Aug 9, 2020 7:39pm
Quoting Konichiwhaat
Morning! OK this pair close to the "big number" 1.1800. Could go either way here
Tell me if I am preaching to the choir, but in my humble opinion, this will likely go over 1.18, and then we are headed down the mountain.
  • #113,324
  • Aug 9, 2020 7:41pm Aug 9, 2020 7:41pm
Quoting herewardwake
{quote} Tell me if I am preaching to the choir, but in my humble opinion, this will likely go over 1.18, and then we are headed down the mountain.
Maybe it can get there, maybe not, but I also think its more likely to go south than north, only based on looking at a new downward trend that seems to have developed
Emotional Control. Process, not outcome.
  • #113,325
  • Aug 9, 2020 7:46pm Aug 9, 2020 7:46pm
Just put my money where my mouth is... short
Emotional Control. Process, not outcome.
  • #113,326
  • Aug 9, 2020 7:52pm Aug 9, 2020 7:52pm
Quoting Konichiwhaat
Just put my money where my mouth is... short
I am shorter than Gary Coleman may he rest in peace.
  • #113,327
  • Edited 9:52pm Aug 9, 2020 7:59pm | Edited 9:52pm
Quoting Ata-Turkoglu
Daily S/R Levels for Monday This week with 1.1888 acting as nearest resistance, bears will probably continue to push down once again to retest yellow zone.. For bears my support areas are: 1.1750 then 1.1717, 1.1656 and finally 1.1594.. Stay Green {image}

I Agree with ATa

The weekly chart has a strong reversal point in play.

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  • #113,328
  • Aug 9, 2020 8:04pm Aug 9, 2020 8:04pm
Quoting Dingoman-two
{quote} I Agree with ATa 3711382
so, you are bearish into the low 1.17s? Just a random question... why? if you are bearish because of Ata I respect that. I just wanted to hear someone else's opinion because I am bearish...
  • #113,329
  • Aug 9, 2020 8:31pm Aug 9, 2020 8:31pm
Personally am long 4hrs tf says so.usdindex still heading south weekly tf.Still targeting 1.20000
imo
Make it Green
  • #113,330
  • Edited 10:10pm Aug 9, 2020 8:59pm | Edited 10:10pm
Quoting herewardwake
{quote} so, you are bearish into the low 1.17s? Just a random question... why? if you are bearish because of Ata I respect that. I just wanted to hear someone else's opinion because I am bearish...

The chart posted my friend is a weekly one, it just gives you the best direction to trade in,

But of course, it's up to the individual to do as they wish, good luck folks,

Me, I will short the spikes.

  • #113,331
  • Aug 9, 2020 9:31pm Aug 9, 2020 9:31pm
Quoting Dingoman-two
{quote} The chart posted my friend is a weekly one, it just gives you the best direction to trade in, But of course, it's up to the individual to do as they wish, good luck folks, Me, I will short the spikes.
The chart can be weekly, monthly, daily, 3 mins... that is not my point. I understand that Ata is almost exclusively a technical trader. And of course, it is up to individual traders to trade. I was hoping to start a dialogue about how individual traders look at a chart and determine bull or bear. I look at fundamentals for a general long term direction and look to technicals to determine which way the wind is blowing each day.

I see the EU as overbought. I am sure this seems like saying the sky is blue. and I see a bit of a jump up into 1.18xx before heading down the mountain.
  • #113,332
  • Edited Aug 10, 2020 2:03am Aug 9, 2020 9:48pm | Edited Aug 10, 2020 2:03am
Quoting herewardwake
{quote} The chart can be weekly, monthly, daily, 3 mins... that is not my point. I understand that Ata is almost exclusively a technical trader. And of course, it is up to individual traders to trade. I was hoping to start a dialogue about how individual traders look at a chart and determine bull or bear. I look at fundamentals for a general long term direction and look to technicals to determine which way the wind is blowing each day. I see the EU as overbought. I am sure this seems like saying the sky is blue. and I see a bit of a jump up into...

I gave you all that is needed, my friend,

And that is to start your day with the higher time frames, to determine the overall direction, then work your way done into the time frame of your choosing, and trade in it, or do as you wish.

The higher time frames are a much more reliable place for us all to determine the direction that we should trade-in,

But of course, there are those of us the trade against the trends as well.

And I am 100% T/A In my trading, and I am calling the 1.1755 area my next short target area, I am just looking for an entry point now.
  • #113,333
  • Aug 10, 2020 1:18am Aug 10, 2020 1:18am
I agreed with you bro ... how to buy in weak market and background is bears .... condition now is different from before, if this is pullback, still not yet completed ... market will test break 1.17551 ... but if fail then buy posible
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  • #113,334
  • Aug 10, 2020 1:59am Aug 10, 2020 1:59am
EURUSD is up for a reversal now. The pair is currently showing a consolidation pattern in D1 chart in between 1.17 and 1.19. I have placed a sell trade today and so far in profit situation.
  • #113,335
  • Aug 10, 2020 2:19am Aug 10, 2020 2:19am
Can this graph considered? I hope so.
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Biggest Mistake ? Over Leverage
  • #113,336
  • Aug 10, 2020 2:57am Aug 10, 2020 2:57am
Quoting sing2x
Can this graph considered? I hope so. {image}
Has high probability.
  • #113,337
  • Aug 10, 2020 3:40am Aug 10, 2020 3:40am
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My view
  • #113,338
  • Aug 10, 2020 5:01am Aug 10, 2020 5:01am
I took short position.
On 4 hour chart it is challenging 75 MA again.
And also it underwhelm my draw line.
1764>> target 1720
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  • #113,339
  • Aug 10, 2020 6:59am Aug 10, 2020 6:59am
broke the trendline, im Bearish on EURUSD
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TMT Scalping System (Best system on FF)
  • #113,340
  • Aug 10, 2020 7:03am Aug 10, 2020 7:03am
Took a short this morning @1.1795 and closed at 1.1755

Waiting for a proper entry to reload next shorts roughly at 1.177ish
Cheers
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