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EURUSD only

  • #116,301
  • Oct 16, 2020 5:37am Oct 16, 2020 5:37am
Quoting Ata-Turkoglu
{quote} So far a little higher than anticipated and I definitely don't like it.. but will watch until end of day how 1.1748/66 reacts! The last couple of weeks this pair loves to print MOFU candles.. Stay Green

If this resistance holds, good chance this is the last we'll see of any big bulls for a long long time
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,302
  • Oct 16, 2020 5:38am Oct 16, 2020 5:38am
US data beat expectation massively, but it is hard to see how this make dollar strong since the data support stock bull, USDX may go down despite awesome data
  • #116,303
  • Oct 16, 2020 5:41am Oct 16, 2020 5:41am
sold! rejection confirmed for a scalp at the very least
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,304
  • Oct 16, 2020 5:41am Oct 16, 2020 5:41am
Quoting mtako
{quote} If this resistance holds, good chance this is the last we'll see of any big bulls for a long long time
First I truly need to see H1 candles opening back below 1.1731... Highly crucial for today..

Stay Green
Focus only on what truly matters!
  • #116,305
  • Oct 16, 2020 5:42am Oct 16, 2020 5:42am
I'm still supporting bears on this and opened short @ 1.1742.
  • #116,306
  • Oct 16, 2020 5:44am Oct 16, 2020 5:44am
Quoting Jt1982
I'm still supporting bears on this and opened short @ 1.1742.
How does it feel to support a heavy bear with just a tiny pinky finger key click lol... The trading world is amazing isn't it?

Stay Green
Focus only on what truly matters!
  • #116,307
  • Oct 16, 2020 5:45am Oct 16, 2020 5:45am
Quoting mtako
{quote} If this resistance holds, good chance this is the last we'll see of any big bulls for a long long time
nowdays, covid, us election you cannot say something like this.
for long time? will see.
  • #116,308
  • Oct 16, 2020 5:48am Oct 16, 2020 5:48am
Quoting Ata-Turkoglu
{quote} How does it feel to support a heavy bear with just a tiny pinky finger key click lol... The trading world is amazing isn't it? Stay Green
Remember! small cars do have big engines these days!!!
  • #116,309
  • Oct 16, 2020 5:49am Oct 16, 2020 5:49am
Quoting gatenio
{quote} nowdays, covid, us election you cannot say something like this. for long time? will see.
Don't think long-time for you is long-time for me... . I completely agree with you. SL at BE
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,310
  • Oct 16, 2020 5:49am Oct 16, 2020 5:49am
Meanwhile on H4.... I really wouldn't like to see a clean candle close above 1.17315... It just delays bears more and more.. (10 more minutes to find out)

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Status-Update.png Size: 33 KB
Focus only on what truly matters!
  • #116,311
  • Oct 16, 2020 5:53am Oct 16, 2020 5:53am
Quoting shay14
{quote} good call do you expect the euro continue back to sub 1.17?
Sincerely, I don't have an idea. Sellers still have the upper hand. Only those who bought the bottom area can be safe now, as they have moved their SL into profit.
  • #116,312
  • Oct 16, 2020 5:57am Oct 16, 2020 5:57am
looking at 1730 for TP, but if goes straight through 17315 with same force as now, I'm staying at BE for the day. Happy with what I got. Cheers all happy trading !
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (1823).png Size: 18 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,313
  • Oct 16, 2020 5:57am Oct 16, 2020 5:57am
Quoting Mitiblotch
{quote} Sincerely, I don't have an idea. Sellers still have the upper hand. Only those who bought the bottom area can be safe now, as they have moved their SL into profit.
These drunk moves are coming from the weekly support line.. Bears are really trying hard and won't give up easily! Causes choppiness...

I can already share my levels for next week! I colored 1.1804 as support for now because based on long-term what happens to that level is not clear yet! But one thing for sure: It looks like an ABC correction is in progress and wave B is maybe complete or maybe not.. Time will tell...

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W-Status-Update.png Size: 31 KB
Focus only on what truly matters!
  • #116,314
  • Oct 16, 2020 6:04am Oct 16, 2020 6:04am
Quoting Ata-Turkoglu
Meanwhile on H4.... I really wouldn't like to see a clean candle close above 1.17315... It just delays bears more and more.. (10 more minutes to find out) Stay Green {image}
Pheeew.. that was close.. lol.. I think bears just made it in time.. (hopefully)

Stay Green
Focus only on what truly matters!
  • #116,315
  • Oct 16, 2020 6:07am Oct 16, 2020 6:07am
Quoting Ata-Turkoglu
Adding one more scalper sell here at 1.1737.. 2nd and final risk! Stay Green
Closing scalper short trade here at 1.1727 with +10 pips.. My first trade is still running.. Had to remove SL temporarily while watching market flow.. Altered better SL location for it to: 1.1755

Stay Green
Focus only on what truly matters!
  • #116,316
  • Oct 16, 2020 6:07am Oct 16, 2020 6:07am
Quoting Ata-Turkoglu
{quote} Pheeew.. that was close.. lol.. I think bears just made it in time.. (hopefully) Stay Green
yes it look like they made it on time 4h and 1h.
but m30 look like a healthy correction to 1.1723
  • #116,317
  • Oct 16, 2020 6:09am Oct 16, 2020 6:09am
Quoting gatenio
{quote} yes it look like they made it on time 4h and 1h. but m30 look like a healthy correction to 1.1723
Yeah lol.. and now I want that H4 candles stay below 1.17315 so that H1 candles slowly also can come back below 1.17125 again.. Will take time as I see it for now.. Time will tell.. I keep scalper selling all sorts of bullish pullbacks..

Stay Green
Focus only on what truly matters!
  • #116,318
  • Oct 16, 2020 6:10am Oct 16, 2020 6:10am
Hm! Interesting! DX said that there has to be a new daily high on EU. Let's see!
  • #116,319
  • Oct 16, 2020 6:11am Oct 16, 2020 6:11am
Quoting Ata-Turkoglu
{quote} Yeah lol.. and now I want that H4 candles stay below 1.17315 so that H1 candles slowly also can come back below 1.17125 again.. Will take time as I see it for now.. Time will tell.. I keep scalper selling all sorts of bullish pullbacks.. Stay Green
clearly the better choice.
next two hour going to be very choppy!
  • #116,320
  • Oct 16, 2020 6:14am Oct 16, 2020 6:14am
Quoting bigiivan
Hm! Interesting! DX said that there has to be a new daily high on EU. Let's see!
If bulls can put dynamite on 1.1733/44 area and break that zone for good then yes it could happen.. I hope it doesn't..

Stay Green
Focus only on what truly matters!
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