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  • #116,961
  • Oct 23, 2020 5:29am Oct 23, 2020 5:29am
Quoting andvk74
{quote} Level still holding. Waiting another H1.
this is the last weeks performance..

now 178 pips and still run
AVG of 2020 is 210 pips
i dont this we will get new high for this week almost 100%
but buying better then sell
Attached Image (click to enlarge)
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  • #116,962
  • Oct 23, 2020 5:46am Oct 23, 2020 5:46am
Quoting Ata-Turkoglu
{quote} Why are you often selling S/R levels without any confirmation from smaller timeframes? I truly don't get it bro... To me it is risky to sell while price is now above 1.1845.. I either wait until bulls arrive at 1.1861 or I wait until H1 candles close back below 1.1845.. Bulls have the upper hand still.. Stay Green
1.1845 - 1.1865 is the deciding range. A 4hr close above will make it complicated for bears but I don't expect a new weekly high either. I also use correlation, dxy above 92.79 on 4hr. This is the last hr of this 4hr on dxy.
Let's see
  • #116,963
  • Oct 23, 2020 5:54am Oct 23, 2020 5:54am
Quoting Austyno
About time bulls
Finally
Risk comes from not knowing what to do
  • #116,964
  • Oct 23, 2020 5:56am Oct 23, 2020 5:56am
Quoting Austyno
Keep in mind that on a weekly basis, bullish engulfing candle in the process of forming, so bulls still have upper hand. I won't be surprised that we see a monster bullish candle today.
A weekly close above 1.18300 is needed to seal the bull run to 1.27960
Risk comes from not knowing what to do
  • #116,965
  • Oct 23, 2020 6:16am Oct 23, 2020 6:16am
So far this candle is nicely supporting price.
If we'll have a large body down close H1 from this level than we can see a new daily LOW today. This should happen within the next 2-3 hours. If H1 can close above it's mid. point 1.1854 than we should see a new weekly HIGH. Lets see
Attached Image (click to enlarge)
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  • #116,966
  • Oct 23, 2020 6:20am Oct 23, 2020 6:20am
bull & bear stay together
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  • #116,967
  • Oct 23, 2020 7:12am Oct 23, 2020 7:12am
From here I am slowly beginning to wait for bearish signs.. No rush! But stay on alert...

*Current situation on M15 on chart below.. 1.1856 and 1.1867 are the final levels that might hold bulls..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M15-Status-Update.png Size: 33 KB
Focus only on what truly matters!
  • #116,968
  • Oct 23, 2020 7:14am Oct 23, 2020 7:14am
Quoting Ata-Turkoglu
From here I am slowly beginning to wait for bearish signs.. No rush! But stay on alert... Stay Green
Why bearish?
  • #116,969
  • Oct 23, 2020 7:20am Oct 23, 2020 7:20am
Quoting andvk74
{quote} Why bearish?
I added M15 chart to my previous post.. I am not bearish (neither bullish).. Just warning members to be prepared for a sell off at intraday resistance..

*Please also note that there is no higher high on M15 (yet)... 1.1867 is key..

Stay Green
Focus only on what truly matters!
  • #116,970
  • Oct 23, 2020 7:26am Oct 23, 2020 7:26am
which time frame are we talking about > as if we close tonight above 1.1775 ( which is likely ) downward correction on weekly is over ... let me add ,looks like here I am junior member as I just decided to start posting, however trading on Forex since 1995, thus most senior members are spring chicken compared to me
  • #116,971
  • Oct 23, 2020 7:31am Oct 23, 2020 7:31am
IMO, we could see 1.19090 today
Risk comes from not knowing what to do
  • #116,972
  • Oct 23, 2020 7:39am Oct 23, 2020 7:39am
Quoting Austyno
IMO, we could see 1.19090 today

i know it's not a typo, and as bull i say NO
yesterday high is max for today, and better price wont reach there today, the will sell it on Monday if it does..
  • #116,973
  • Oct 23, 2020 7:40am Oct 23, 2020 7:40am
I still believe in 1.27 for year end, 9 weeks left for the bulls to push it to the limit.
Another day, another dollar.
  • #116,974
  • Oct 23, 2020 7:48am Oct 23, 2020 7:48am
Btw guys, pay attention to the issuance calendar of eurobonds, on Tuesday central banks apparently bought 40% of the 15 bn issued eurobonds (unhedged). This is part of a larger reallocation of money reserves away from the USD and into the EUR. This has potential to push the price considerably.
Another day, another dollar.
  • #116,975
  • Oct 23, 2020 7:53am Oct 23, 2020 7:53am
Divergence on M 15??
  • #116,976
  • Edited 8:24am Oct 23, 2020 8:04am | Edited 8:24am
Sold at 1.1855
Stop 20 Pips
TP open but will close manually if I get 10 to 15 Pips
  • #116,977
  • Oct 23, 2020 8:17am Oct 23, 2020 8:17am
Quoting sartu
Sold at 1.3055 Stop 20 Pips TP open but will close manually if I get 10 to 15 Pips
Did you SELL it in a year 2025?
  • #116,978
  • Oct 23, 2020 8:20am Oct 23, 2020 8:20am
Quoting General Lee
bull & bear stay together {image}
yaps. i same view
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  • #116,979
  • Oct 23, 2020 8:27am Oct 23, 2020 8:27am
Quoting andvk74
{quote} Did you SELL it in a year 2025?
Sorry actually i was trading in GU as well therefore did mistake while typing...anyway it's slowly moving as per expectation. Cheers
  • #116,980
  • Oct 23, 2020 8:34am Oct 23, 2020 8:34am
maybe we need new thread like staying in position for more than 5 minutes hahaha... and no , hon overall view on EURUSD is bullish , just don't trade against the trend ... so please if you are recommending your trades tell us how long u plan to stick to it
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