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  • #1,185,101
  • Sep 24, 2020 11:38am Sep 24, 2020 11:38am
Quoting constantine1
looks like my longs are short lived, I closed out, and I'm done for the day. Cheers
I've just been scalping today. 2 on the way down and 1 long here recently.
  • #1,185,102
  • Sep 24, 2020 11:38am Sep 24, 2020 11:38am
Quoting constantine1
looks like my longs are short lived, I closed out, and I'm done for the day. Cheers
that was quick, but its pips locked in so good job!

Watching support around 1630
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  • #1,185,103
  • Sep 24, 2020 11:42am Sep 24, 2020 11:42am
Quoting coolhand
{quote} I've just been scalping today. 2 on the way down and 1 long here recently.

Just looking at price action, its got a lot of room down.
  • #1,185,104
  • Sep 24, 2020 11:44am Sep 24, 2020 11:44am
Quoting constantine1
{quote} Just looking at price action, its got a lot of room down.
Yea, I just went short at 1660
  • #1,185,105
  • Sep 24, 2020 11:45am Sep 24, 2020 11:45am
Quoting coolhand
{quote} Yea, I just went short at 1660
Your in good company, so did I
  • #1,185,106
  • Sep 24, 2020 11:45am Sep 24, 2020 11:45am
Quoting coolhand
{quote} I've just been scalping today. 2 on the way down and 1 long here recently.
Good choice. Today is a scalp day, I am still bull biased but I always respect locking in trades. I often lock a mere 6pips and work from there
its just a script. join the club
  • #1,185,107
  • Sep 24, 2020 11:52am Sep 24, 2020 11:52am
Quoting Dzap
{quote} Good choice. Today is a scalp day, I am still bull biased but I always respect locking in trades. I often lock a mere 6pips and work from there
Yea, today is a meat grinder kind of day. My bias is bearish, but when scalping I'll try to catch some pull backs if the set up looks right.
  • #1,185,108
  • Sep 24, 2020 12:06pm Sep 24, 2020 12:06pm
Quoting Dzap
{quote} Good choice. Today is a scalp day, I am still bull biased but I always respect locking in trades. I often lock a mere 6pips and work from there
I think a buy and hold in that area we talked about earlier with the high volume could have been a good idea
price may go back to that area
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  • #1,185,109
  • Sep 24, 2020 12:08pm Sep 24, 2020 12:08pm
Quoting mistaouting
{quote} I think a buy and hold in that area we talked about earlier with the high volume could have been a good idea price may go back to that area
I cannot guarantee it wont go lower, but it definitely is a nice spot to buy. If you hold till next week should be profits
its just a script. join the club
  • #1,185,110
  • Sep 24, 2020 12:10pm Sep 24, 2020 12:10pm
Quoting Dzap
{quote} I cannot guarantee it wont go lower, but it definitely is a nice spot to buy. If you hold till next week should be profits
I am loading up in my low risk system. I will place my manual entries early next week
its just a script. join the club
  • #1,185,111
  • Sep 24, 2020 12:15pm Sep 24, 2020 12:15pm
1748 first target well minor target for me first is 1690
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  • #1,185,112
  • Sep 24, 2020 12:20pm Sep 24, 2020 12:20pm
Quoting Dzap
{quote} I cannot guarantee it wont go lower, but it definitely is a nice spot to buy. If you hold till next week should be profits
I also tend to think the price will return to the somewhat recent stable level of 1.1850... but it also seems like we might be at the dropoff point, where we could see it go as low as 1.14 or lower.

Any reason in particular you think the price will be up by next week, or just general hypothesis/reversion to the mean (if you will).

Thanks!
  • #1,185,113
  • Sep 24, 2020 12:37pm Sep 24, 2020 12:37pm
Nice bounce on AUDUSD

ticks are not true volume but can still provide could signals with higher volume servers with bigger brokers.

was oversold from .74. A 5% freefall in under a month. I’m still net bearish for now on AUD. Way overbought since covid lows.
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  • #1,185,114
  • Edited 1:43pm Sep 24, 2020 1:29pm | Edited 1:43pm
Quoting MugzyPips
{quote} I also tend to think the price will return to the somewhat recent stable level of 1.1850... but it also seems like we might be at the dropoff point, where we could see it go as low as 1.14 or lower. Any reason in particular you think the price will be up by next week, or just general hypothesis/reversion to the mean (if you will). Thanks!
My system says the market ran out of momentum due to PA. Choppy action signifies orders being filled

If it was to go lower we would have had continued breakouts with up swings, instead we formed a trend and filled orders

Trends are predictable, banks use them to fill orders. That is as much as I will say

Edit: if this current bull swing gets to high we will see new lows soon
its just a script. join the club
  • #1,185,115
  • Sep 24, 2020 1:32pm Sep 24, 2020 1:32pm
At last , we saw some movement... I lifted SL to 1.16 52 >>> risk free. I ll let do its thing...

  • #1,185,116
  • Sep 24, 2020 2:51pm Sep 24, 2020 2:51pm
Let's see a new high!
  • #1,185,117
  • Sep 24, 2020 3:00pm Sep 24, 2020 3:00pm
Quoting bigiivan
Let's see a new high!
no, please, no more highs
  • #1,185,118
  • Sep 24, 2020 3:10pm Sep 24, 2020 3:10pm
Quoting bigiivan
Let's see a new high!
will have to wait and see where Asia and London take it and if they can keep it there
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  • #1,185,119
  • Sep 24, 2020 3:48pm Sep 24, 2020 3:48pm
Quoting Techanalyst
Positions so far... DXY monthly looks like turning bullish. {image} {image}
dear friend. UC + EU daily look exact opposites.
so by buing uc and sorting eu you are up against very much corelation.

nothing bad with it, i do ti at times, btu i split my risk in two, i dont go full risk on each position.

good luck, trade safe
offering my system to copy trade. check my link
  • #1,185,120
  • Sep 24, 2020 3:53pm Sep 24, 2020 3:53pm
Quoting mistaouting
{quote} Fact remains that the USD is a safe haven....not many investors taken to USD for gains....growth currencies are better for investment. You are witnessing that now... Fact remains the USD is and will remain under whichever president the worlds currency...however Trump had some wondering if the USD would be dethroned and handed to the Euro his handling of covid. Its matter of global turmoil caused by Trump with things like the China trade war....that caused moves to safe havens like the USD or gold not because the US economy was the marvelous...
USD is the world currency because all merchandising is done with it. europe buys from china with usd. japan sells to china with usd. oil is priced in usd commodities a re priced in usd, china has a stack of usd.

that is why usd is (for now) strong

my personal belie is USD will cramble, but i am no position trader so i leave that analysis for those guys
offering my system to copy trade. check my link
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