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EURUSD only

  • #117,021
  • Oct 24, 2020 10:07am Oct 24, 2020 10:07am
Quoting corongumet
{image}it's the first scenario
A very realistic movement.
  • #117,022
  • Oct 24, 2020 11:47am Oct 24, 2020 11:47am
Very good information to read since the market is closed and elections are near..... here is the link :

https://blog.oanda.com/foreign-excha...ies-can-expect
Drawdown is more important than Account Size !
  • #117,023
  • Oct 25, 2020 2:46am Oct 25, 2020 2:46am
Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #117,024
  • Oct 25, 2020 6:14am Oct 25, 2020 6:14am
Seems like everyone is bullish euro, or at least bearish dollar. But I see the opposite from the charts. A huge reversal of at least 500 pips is setting up. Wrong if above previous high 12020
  • #117,025
  • Oct 25, 2020 6:39am Oct 25, 2020 6:39am
Quoting vikinsa
https://youtu.be/jVkDvZzJDfw
Based on thread rules members can directly jump to 12:27 on this video for EURUSD.. Actually vikinsa should have stated it himself bu I let that slip for this one..

Stay Green
Focus only on what truly matters!
  • #117,026
  • Oct 25, 2020 7:16am Oct 25, 2020 7:16am
this setup looks promising in trading eu, the entire week at a glance
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 42 KB
feel free to invite me to your forum, if you have any
  • #117,027
  • Oct 25, 2020 7:20am Oct 25, 2020 7:20am
Quoting Ata-Turkoglu
{quote} Based on thread rules members can directly jump to 12:27 on this video for EURUSD.. Actually vikinsa should have stated it himself bu I let that slip for this one.. Stay Green
Of course, sorry about that. Thanks
Technical Analyst & Trader @ Vikinsa
  • #117,028
  • Edited 7:49am Oct 25, 2020 7:33am | Edited 7:49am
Weeks 44 (next one) and 45 could be volatile due to US election.
Retails significantly short EURUSD 76% to 24% https://www.dailyfx.com/sentiment
I see around two hundred PIPs upside, violating weekly trendline [intraweekly] and taking out all retail stops. By then everybody and their moms will be long, so down 600 PIPs.
Longer term the trend should be up.

Daily chart:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily 2020 Weeks 44-45.png Size: 42 KB
Practitioner of the cryptic trading arts
  • #117,029
  • Oct 25, 2020 7:50am Oct 25, 2020 7:50am
Quoting Endoephemera
Weeks 44 (next one) and 45 could be volatile due to US election. Retails significantly short EURUSD 76% to 24% https://www.dailyfx.com/sentiment I see around two hundred PIPs upside, violating weekly trendline [intraweekly] and taking out all retail stops. By then everybody and their moms will be long, so down 600 PIPs. Longer term the trend should be up. Daily chart: {image}
caution advised [ self explanatory chart ] bullish
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 34 KB
feel free to invite me to your forum, if you have any
  • #117,030
  • Oct 25, 2020 8:32am Oct 25, 2020 8:32am
Quoting JungleLionFx
{quote} caution advised [ self explanatory chart ] bullish {image}
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 34 KB
Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Weekly 2020 Weeks 44-45.png Size: 88 KB
Practitioner of the cryptic trading arts
  • #117,031
  • Oct 25, 2020 9:08am Oct 25, 2020 9:08am
Quoting vikinsa
{quote} Of course, sorry about that. Thanks
Thanks buddy.. I know well that you are an excellent collaborator..

Stay Green
Focus only on what truly matters!
  • #117,032
  • Oct 25, 2020 10:38am Oct 25, 2020 10:38am
Hello everyone, I think the first goal is level 161, and when the goal is reached, a head and shoulders pattern will be formed
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 136 KB
  • #117,034
  • Oct 25, 2020 11:18am Oct 25, 2020 11:18am
Hi Guys,

From my system, it is becoming more evident that we could be lining up for a short cycle. My future daily pivot at 1.18358 should/could be tested. My future weekly pivot at 1.18135 lies below with a good chance of being tested. I definitely will not look to buy at these levels, instead will wait to see if I get short confirmation signals and will update accordingly.
Just my view and anything can happen with lots of news lined up.
Trade safe and have a great week.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_831.png Size: 100 KB
Trade to trade another day
  • #117,035
  • Oct 25, 2020 3:38pm Oct 25, 2020 3:38pm
https://www.bloomberg.com/news/artic...global-economy
  • #117,036
  • Oct 25, 2020 8:37pm Oct 25, 2020 8:37pm
@Wavegarrick .. I agree with you, from the setup and indication one should wait for a sell signal.

I,d like to see how that indicator you have on the main chart can affect my system. Do you mind to share it?
Thank u.
  • #117,037
  • Oct 25, 2020 9:23pm Oct 25, 2020 9:23pm
I have a buy limit @ 1.18300 with a target of 1.19200 for today
Risk comes from not knowing what to do
  • #117,038
  • Oct 25, 2020 9:27pm Oct 25, 2020 9:27pm
Quoting Wavegarrick
Hi Guys, From my system, it is becoming more evident that we could be lining up for a short cycle. My future daily pivot at 1.18358 should/could be tested. My future weekly pivot at 1.18135 lies below with a good chance of being tested. I definitely will not look to buy at these levels, instead will wait to see if I get short confirmation signals and will update accordingly. Just my view and anything can happen with lots of news lined up. Trade safe and have a great week. Cheers. {image}
I like your money management. And i will try it to combine with wave analysis
  • #117,039
  • Oct 25, 2020 9:43pm Oct 25, 2020 9:43pm
Quoting Austyno
I have a buy limit @ 1.18300 with a target of 1.19200 for today
Very bold, you are expecting a 90 pips reversal?
I will tear the world apart for you.
  • #117,040
  • Oct 25, 2020 10:13pm Oct 25, 2020 10:13pm
Quoting Barnell
{quote} Very bold, you are expecting a 90 pips reversal?
yes bro, bulls have upper hand, so its a matter of buying dips...remember we just had a bullish engulfing weekly candle last week, and i mentioned on my earlier post that a weekly close above 1.18300 was necessary for the bull run to 1.27960.
Risk comes from not knowing what to do
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