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EURUSD only

  • #114,461
  • Sep 22, 2020 5:32am Sep 22, 2020 5:32am
Any buys should have SL under 1.17028
  • #114,462
  • Sep 22, 2020 5:59am Sep 22, 2020 5:59am
Price going into squeeze on lower TF- prepare for a break out.
  • #114,463
  • Sep 22, 2020 6:01am Sep 22, 2020 6:01am
Quoting klm1011
prepare for a break out.
North or South?
  • #114,464
  • Sep 22, 2020 6:26am Sep 22, 2020 6:26am
Quoting ursinho4711
{quote} North or South?

  • #114,465
  • Sep 22, 2020 6:47am Sep 22, 2020 6:47am
Quoting ursinho4711
{quote} North or South?

if price breaches 1.1790--- upwards

if price breaches 1.17272--- downwards
  • #114,466
  • Sep 22, 2020 6:49am Sep 22, 2020 6:49am
the WE GOT THE BEAT was the signal to bet the farm

T4 is at 1.1642
Attached Image (click to enlarge)
Click to Enlarge Name: EUR2472.png Size: 45 KB
  • #114,467
  • Sep 22, 2020 7:43am Sep 22, 2020 7:43am
Attached Image
  • #114,468
  • Sep 22, 2020 9:31am Sep 22, 2020 9:31am
Quoting Traderview
{quote} Short @1.1763 SL Today's High TP 1.1680
Closed half of the orders @1.1710. I kept the SL on remaining @1.1723.

This is the last hr of this 4hr. If this one closes below 1.1710 or better below 1.1703, then i'll keep shorts, if it closes above 1.1710, then i'll close it.

Lets see
  • #114,469
  • Sep 22, 2020 10:00am Sep 22, 2020 10:00am
Quoting Traderview
{quote} Closed half of the orders @1.1710. I kept the SL on remaining @1.1723. This is the last hr of this 4hr. If this one closes below 1.1710 or better below 1.1703, then i'll keep shorts, if it closes above 1.1710, then i'll close it. Lets see
Be careful! Might not happen: Bloomberg printed a bad headline from Evans fedspeak. He DID NOT say Fed would raise rates b4 inflation hits 2%!!!! See ZH here:

https://www.zerohedge.com/markets/do...-inflation-hit

This move will probably get unwound... wondering why FXLive didn't pick this up
  • #114,470
  • Sep 22, 2020 10:03am Sep 22, 2020 10:03am
I don't know why but am sensing a spike up coming
Risk comes from not knowing what to do
  • #114,471
  • Sep 22, 2020 10:18am Sep 22, 2020 10:18am
It may or may not make sense but I think now is a really good time to buy and hold till 1.27800.
This could be the last real drop before we see 1.27800. We are currently at the bottom of a descending channel and descending channels usually break up.
Well let's see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200922-181407.png Size: 77 KB
Risk comes from not knowing what to do
  • #114,472
  • Sep 22, 2020 10:48am Sep 22, 2020 10:48am
Quoting Austyno
I don't know why but am sensing a spike up coming
long with takeprofit of 1850
  • #114,473
  • Sep 22, 2020 11:08am Sep 22, 2020 11:08am
Quoting macdulio
the WE GOT THE BEAT was the signal to bet the farm T4 is at 1.1642 {image}
what the heck is this
Another day, another dollar.
  • #114,474
  • Sep 22, 2020 11:26am Sep 22, 2020 11:26am
Quoting Austyno
It may or may not make sense but I think now is a really good time to buy and hold till 1.27800. This could be the last real drop before we see 1.27800. We are currently at the bottom of a descending channel and descending channels usually break up. Well let's see how it plays out. {image}
I have also been watching this channel, but I would have expected a quicker reversal. Who knows. Regarding positioning I have heard quite some longs have been squeezed out, so positioning should be cleaner now. Furthermore, central banks are done, so it becomes more data driven. Due to the second Corona wave euro PMIs might surprise to the downside tomorrow though there were no major lockdowns. Besides, I wonder if the US election uncertainty is positive or negative for the USD, but with a twin deficit looming it should be negative. What do you guys think? Someone thinking about this or just technicals?
Another day, another dollar.
  • #114,475
  • Sep 22, 2020 11:27am Sep 22, 2020 11:27am
Quoting nic9man
{quote} I have also been watching this channel, but I would have expected a quicker reversal. Who knows. Regarding positioning I have heard quite some longs have been squeezed out, so positioning should be cleaner now. Furthermore, central banks are done, so it becomes more data driven. Due to the second Corona wave euro PMIs might surprise to the downside tomorrow though there were no major lockdowns. Besides, I wonder if the US election uncertainty is positive or negative for the USD, but with a twin deficit looming it should be negative. What...
I focus only on technicals bro, I use fundamental as a notification of increased volatility
Risk comes from not knowing what to do
  • #114,476
  • Sep 22, 2020 11:53am Sep 22, 2020 11:53am
get a sense of the abyss below
Attached Image (click to enlarge)
Click to Enlarge Name: EUR2475.png Size: 30 KB
  • #114,477
  • Sep 22, 2020 12:44pm Sep 22, 2020 12:44pm
It will be interesting to watch if price can go significantly up without going under 1.16830
tik tok
  • #114,478
  • Sep 22, 2020 1:26pm Sep 22, 2020 1:26pm
Based on H1, while candles open below 1.1719 stay away from buying!

Stay Green
Focus only on what truly matters!
  • #114,479
  • Sep 22, 2020 1:38pm Sep 22, 2020 1:38pm
Quoting macdulio
get a sense of the abyss below{image}
Scary and risky to be long
  • #114,480
  • Sep 22, 2020 1:47pm Sep 22, 2020 1:47pm
At present waiting to sell retraces .
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