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  • #113,701
  • Aug 25, 2020 4:27am Aug 25, 2020 4:27am
More sell opportunities for intraday bears inside these hours.. Stops must stay above 1.1860..

Stay Green
Focus only on what truly matters!
  • #113,702
  • Aug 25, 2020 5:08am Aug 25, 2020 5:08am
It's possiblefor price to reach upto between 1.8695 ----- 1.8985.
  • #113,703
  • Aug 25, 2020 5:15am Aug 25, 2020 5:15am
Price has gone into strong squeeze , break out expected , if price goes up towards the price mentioned above then bulls will likely drive price up quite strongly.
  • #113,704
  • Aug 25, 2020 7:56am Aug 25, 2020 7:56am
Quoting sartu
Sold at 1.18173 TP 20 Pips SL 20pips
Closed manually with +11 pips
  • #113,705
  • Aug 25, 2020 8:27am Aug 25, 2020 8:27am
For shorts no 1hr closes above 1.1836 and better 1.1828. But ultimate pivot is 1.1815. As long as 4hrs closes below, it'll make easy for bears to touch 1.1760.
  • #113,706
  • Aug 25, 2020 8:49am Aug 25, 2020 8:49am
Bulls are getting stronger for now , this could be for a while before any weakness signal seen .
  • #113,707
  • Edited 10:53am Aug 25, 2020 10:26am | Edited 10:53am
strong bulls or strong bears now is nothing ... smart money make price manipulation for this week .... in market with price manipulation, market only see dominant order flow to eat .... if dominant buyer with quantities and quality and then price going down .... if dominant seller with quantities and quality and then price going up ... all is depend on how order flow to eat by owner of market ... this condition happen in all pairs now .... if order flow from retails off then price will be very slow because no order flow retails will be eaten ... so at this time it is not good to open a position for retail traders because the price is not in a trending market
The Average Discount Everything
  • #113,708
  • Aug 25, 2020 12:01pm Aug 25, 2020 12:01pm
Quoting hesron
so at this time it is not good to open a position for retail traders because the price is not in a trending market
Why not? Depends on your strategy ;-)
I like this situation. short/long/short/long/short between supports and resistances. Like a squirrel
  • #113,709
  • Aug 25, 2020 3:32pm Aug 25, 2020 3:32pm
In my opinion, bulls are in control, we could see 1.2000 this week
Risk comes from not knowing what to do
  • #113,710
  • Edited 10:40pm Aug 25, 2020 9:52pm | Edited 10:40pm
Quoting ursinho4711
{quote} Why not? Depends on your strategy ;-) I like this situation. short/long/short/long/short between supports and resistances. Like a squirrel
what is support and resistance, that is just wishful thinking, everything depends on very large money to hold prices, that's called support and resistance .... no ... but that is price move because supply and demand ... things like that the market calls retail traders as dumb money, because we trade with emotion and greed ... even though the psychology/greed in the market belongs to smart money, not retail traders .... below data from FCA regulation
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The Average Discount Everything
  • #113,711
  • Aug 25, 2020 11:14pm Aug 25, 2020 11:14pm
Quoting hesron
...
Thanks for your answer.

Quoting hesron
what is support and resistance, that is just wishful thinking
Then call it Fibo-Lines. Look at the charts and voilá: there they are

Quoting hesron
because we trade with emotion and greed
who is "we"? I am here in this forum exactly to take away my emotions and let some EAs do the work.

Quoting hesron
below data from FCA regulation {image}
Again: my goal why I am here in this forum and thread is to avoid ending in the right column. If you say it is impossible, why are you doing forex? Why not just buy 0% bonds? Risk free...

Happy green pips for all!
  • #113,712
  • Edited 1:48am Aug 26, 2020 12:48am | Edited 1:48am
Quoting ursinho4711
{quote} Thanks for your answer. {quote} Then call it Fibo-Lines. Look at the charts and voilá: there they are {quote} who is "we"? I am here in this forum exactly to take away my emotions and let some EAs do the work. {quote} Again: my goal why I am here in this forum and thread is to avoid ending in the right column. If you say it is impossible, why are you doing forex? Why not just buy 0% bonds? Risk free... Happy green pips for all!
that's why ... for retail trader only trade by follow the trend and counter trend or contararian is not style for retail trader .... the data comes from one of the best regulators, how about in bad relagulation, the chances are that the numbers if issued honestly would have been much worse .... counter trends and contrarian causes the trend to age quickly so that only smart traders can follow it
The Average Discount Everything
  • #113,713
  • Aug 26, 2020 2:43am Aug 26, 2020 2:43am
@Hesron! Let's focus posting around EURUSD.. Thanks..

Stay Green
Focus only on what truly matters!
  • #113,714
  • Aug 26, 2020 3:18am Aug 26, 2020 3:18am
h1 candle below 1.18039 and short is on.
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  • #113,715
  • Edited 5:10am Aug 26, 2020 4:34am | Edited 5:10am
hope EU going to test 1.18502/1.1880 before FED speaks in the Jackson Hole Economic Symposium. Powell gives his speech tomorrow at 1410BST
feel bulls/bears trap if the price does not move at the current position
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The Average Discount Everything
  • #113,716
  • Aug 26, 2020 4:51am Aug 26, 2020 4:51am
Bought here
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  • #113,717
  • Aug 26, 2020 5:34am Aug 26, 2020 5:34am
this is looking more bearish by the minute
bear flag/triangle after a leg down
Mr. Maroon below the Green River
price below the middle of the energy bands
ultimately it should undercut the orange lines
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  • #113,718
  • Aug 26, 2020 5:56am Aug 26, 2020 5:56am
Price continues to be in squeeze , with an upward probability for now.
  • #113,719
  • Aug 26, 2020 6:05am Aug 26, 2020 6:05am
The story is intact and the trend is intact. Prices should soon continue the upward trend. There might be one final long squeeze to the 1.1750-1.1770 region which would be a good buy opportunity. However, it seems that prices are already creeping upwards.
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Another day, another dollar.
  • #113,720
  • Aug 26, 2020 6:08am Aug 26, 2020 6:08am
Looks like price is waiting a stimulus , dormant state , lots of news tomm.
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