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EURUSD

  • #1,181,701
  • Sep 1, 2020 12:32pm Sep 1, 2020 12:32pm
Quoting pgidia
{quote} Seems now Monthly BB will come into play Not a expert I will need Expert guidance by Vule on this

Could be, 1.20 was pretty important.. now that it's hit, let's see.. I just added a long because of the 38.2 retracement of higher low and higher high of the ongoing wave on the daily chart. It's usually not a good idea entering like I just did without a confirmation but we will see, the way I see it, this could drop to 50 or even 61.8 before bulls try and take it back, and like you said.. possibly 1.182-1.180 and then it will be another war between the bulls and the bears.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,181,702
  • Edited 12:50pm Sep 1, 2020 12:34pm | Edited 12:50pm
Wave 4 come down violating the law of alternation had a sharp 2 and now a sharp 4. Stopped just short of area of wave 1.
Lets buy this shit.
Attached Image (click to enlarge)
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Founder of Sutherland Wave Principle
  • #1,181,703
  • Sep 1, 2020 12:34pm Sep 1, 2020 12:34pm
Quoting VuLe
{quote} the instant rejection made me move sl to +3 pip... then I got kicked out... and then I try buy once more.. set sl -10pip and it stopped me. So avg -7pip. but its okay. Im here now xD {image}
H4 Middle Entry
My Sell Exit
Your entry
PaRaM
  • #1,181,704
  • Sep 1, 2020 12:36pm Sep 1, 2020 12:36pm
Quoting VuLe
{quote} the instant rejection made me move sl to +3 pip... then I got kicked out... and then I try buy once more.. set sl -10pip and it stopped me. So avg -7pip. but its okay. Im here now xD {image}
long again?
You TP during london I thought...i count that towards todays pips
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  • #1,181,705
  • Sep 1, 2020 12:39pm Sep 1, 2020 12:39pm
Quoting mistaouting
{quote} long again? You TP during london I thought...i count that towards todays pips
my first entry... set, I got stop BE.. then as it reach around US opening session.. I rebuy... and then the spike and reverse took my position for +3 pip only. And then I try another buy and got stopped. The tp was last night already when it hit 1.1995.. that is different.. remember I had buy position at 1.1888?? Al the way to 1.1945?? This one was from 1.1965 to 1.199x...


you may have to Reread my last 6 post .
Trade what you see, take what the market gives you.
  • #1,181,706
  • Sep 1, 2020 12:49pm Sep 1, 2020 12:49pm
Out with BE >.€... look so breakable. Dry hour. Sideline.

edit* ill wait for the next 2 4h candle confirmation and join.
Trade what you see, take what the market gives you.
  • #1,181,707
  • Sep 1, 2020 2:43pm Sep 1, 2020 2:43pm
EURGBP bearish.
Attached Image (click to enlarge)
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  • #1,181,708
  • Sep 1, 2020 3:22pm Sep 1, 2020 3:22pm
Attached Image (click to enlarge)
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I think we have reversal forming on the daily chart with a re-test of resistance and a shooting star candlestick pattern. Looking for confirmation tomorrow with a bearish daily candle.
  • #1,181,709
  • Sep 1, 2020 3:30pm Sep 1, 2020 3:30pm
Quoting IrishTrader
{image}I think we have reversal forming on the daily chart with a re-test of resistance and a shooting star candlestick pattern. Looking for confirmation tomorrow with a bearish daily candle.
yes.... I am definitely watching how this looks...
Trade what you see, take what the market gives you.
  • #1,181,710
  • Sep 1, 2020 4:47pm Sep 1, 2020 4:47pm
Quoting IrishTrader
{image}I think we have reversal forming on the daily chart with a re-test of resistance and a shooting star candlestick pattern. Looking for confirmation tomorrow with a bearish daily candle.
Interesting indeed. With that bearish daily candle and RSI divergence in this kind of strong uptrend, you gotta ask if you should sell the rallies or buy the dips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily 91.png Size: 40 KB
  • #1,181,711
  • Sep 1, 2020 5:13pm Sep 1, 2020 5:13pm
Quoting shahab8b
{quote} Interesting indeed. With that bearish daily candle and RSI divergence in this kind of strong uptrend, you gotta ask if you should sell the rallies or buy the dips. {image}

I an asking myself... is this the start of a correction?? Or is this what the market want me to think... currently I am considering my 4h bb.

I should have waited on sideline and watch this morning... seeing that market spike one side breakout was fake... and I usually catches these... I was so blinded and focus on trying hit that 1.2000... now that the 100pips drop, I still trade accordingly to what I see but this is where it gets dangerous. Because many may think this is now consider a down trend. My question is... are we really going to push down in a slow fashion way?? I would think the news would help make that quick push but there are’nt any until Friday. Trading technical.... then Im buying dips with my 4h bb in play as well as daily bb open up. but with caution now and tight sl only bc that giant red tail candle on the daily formed.

if 4h bb break, I will sell targeting 1.1840 (daily center bb)
Trade what you see, take what the market gives you.
  • #1,181,712
  • Sep 1, 2020 5:23pm Sep 1, 2020 5:23pm
Here we go again with EURUSD as it has been going on for months. It goes up, in a range, everyone jumping to sell, price shoots up. On and on like that for months. But retail still fall for it.
  • #1,181,713
  • Sep 1, 2020 6:08pm Sep 1, 2020 6:08pm
making new month low to continue going higher . still bullish long term.
  • #1,181,714
  • Sep 1, 2020 6:11pm Sep 1, 2020 6:11pm
Quoting VuLe
{quote} I an asking myself... is this the start of a correction?? Or is this what the market want me to think... currently I am considering my 4h bb. I should have waited on sideline and watch this morning... seeing that market spike one side breakout was fake... and I usually catches these... I was so blinded and focus on trying hit that 1.2000... now that the 100pips drop, I still trade accordingly to what I see but this is where it gets dangerous. Because many may think this is now consider a down trend. My question is... are we really going...
Don't get tunnel vision!
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  • #1,181,715
  • Sep 1, 2020 6:22pm Sep 1, 2020 6:22pm
Quoting mistaouting
{quote} Don't get tunnel vision!

help me!! T_T... what you see??
I currently am positive but not comfortable with it. I may set sl to BE as soon as I get a chance...
Trade what you see, take what the market gives you.
  • #1,181,716
  • Sep 1, 2020 6:38pm Sep 1, 2020 6:38pm
Quoting VuLe
{quote} help me!! T_T... what you see?? I currently am positive but not comfortable with it. I may set sl to BE as soon as I get a chance...
I know your asking me to share my thoughts and I will, but also wouldn't dare want to suggest what position you should take but share another perspective for you to consider and like all could be wrong.

Quoting mistaouting
{quote} weeks like this I don't like because of all the news events; market knows feds stance on interest rates but I guess or it seems like for big money they don't have a problem being on hold for days until news events clear and market can establish fair price she is approaching top of channel it has been in all month literally {image}
Hope you can click on this quote to look at the chart. After today price remains in and with that could possible follow...

However Asian session can throw surprises...and with the move down during NY session giving some room between top of channel could possibly get some more movement up but until it breaks out the channel i will continue to trade it accordingly

EDIT: FYI you help me often when I have tunnel vison lol...and you don't even know it.
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  • #1,181,717
  • Edited 6:52pm Sep 1, 2020 6:39pm | Edited 6:52pm
Quoting VuLe
{quote} help me!! T_T... what you see?? I currently am positive but not comfortable with it. I may set sl to BE as soon as I get a chance...
i see non farm pay roll week in action.
Attached Image (click to enlarge)
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  • #1,181,718
  • Sep 1, 2020 6:47pm Sep 1, 2020 6:47pm
Quoting mistaouting
{quote} I know your asking me to share my thoughts and I will, but also wouldn't dare want to suggest what position you should take but share another perspective for you to consider and like all could be wrong. {quote} Hope you can click on this quote to look at the chart. After today price remains in and with that could possible follow... However Asian session can throw surprises...and with the move down during NY session giving some room between top of channel could possibly get some more movement up but until it breaks out the channel i will...
I am very open minded. Share your thoughts. I shared mine but still went buy even after the 100pip drop bc it is what I saw on my chart. But of course I have to now respect the bears lol.




Edit* I just read your bottom quote. I like the channel that is drawn out... so you would say there is a possible chance to 1.178x

I think perhaps nonfarmployment will push us down to 1.18xx area and next week may be back in the 1.17xx but currently I will pay due respect for my bb and will switch to bear as soon as it breaks.

bc 1.177x is about 150pips away.. Not sure if we will see any 150pips movement without news pushing it to where it needs to be.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,181,719
  • Sep 1, 2020 6:59pm Sep 1, 2020 6:59pm
Quoting Techanalyst
Here we go again with EURUSD as it has been going on for months. It goes up, in a range, everyone jumping to sell, price shoots up. On and on like that for months. But retail still fall for it.
I believe you are correct. This was likely just a minor pullback. USD is still very weak and will likely continue to descend in value.
Learn from your mistakes and march on.
  • #1,181,720
  • Sep 1, 2020 7:03pm Sep 1, 2020 7:03pm
Quoting VuLe
{quote} I am very open minded. Share your thoughts. I shared mine but still went buy even after the 100pip drop bc it is what I saw on my chart. But of course I have to now respect the bears lol. Edit* I just read your bottom quote. I like the channel that is drawn out... so you would say there is a possible chance to 1.178x I think perhaps nonfarmployment will push us down to 1.18xx area and next week may be back in the 1.17xx but currently I will pay due respect for my bb and will switch to bear as soon as it breaks. bc 1.177x is about 150pips...

30min fail to brea bb for upper movement.


edit* sl move to BE... cant deal with this.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
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