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  • #1,186,441
  • Oct 29, 2020 6:35am Oct 29, 2020 6:35am
Stoped at 1.17 35 and reversed to short..... Looks quite bearish now. I regret for my failed attempts to go long....

  • #1,186,442
  • Oct 29, 2020 6:59am Oct 29, 2020 6:59am
Quoting Barnell
Break 1.1722 and we will see 1.1687.
Coming soon?
I will tear the world apart for you.
  • #1,186,443
  • Oct 29, 2020 7:07am Oct 29, 2020 7:07am
Quoting F.g
Stoped at 1.17 35 and reversed to short..... Looks quite bearish now. I regret for my failed attempts to go long....
Stock markets are correcting big time due to the covid lockdowns. US will be forced there as well soon enough. Shiller SP 500 PE is a complete joke considering what is going on.

USD is going to run. Yen is also Running with the USD. Risk completely off.
  • #1,186,444
  • Oct 29, 2020 7:39am Oct 29, 2020 7:39am
Quoting enarco
{quote} Stock markets are correcting big time due to the covid lockdowns. US will be forced there as well soon enough. Shiller SP 500 PE is a complete joke considering what is going on. USD is going to run. Yen is also Running with the USD. Risk completely off.
possibly post election IMO; if rise in deaths go along with increase cases; we are headed into winter....us reluctant to shut down unlike other countries that some may say handled virus better than US

EDIT: waiting to see what market will do with EU rates in a few...could only imagine we all are preparing for no change

EDIT: also i would bet US stocks moving up on coming US election
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  • #1,186,445
  • Oct 29, 2020 7:58am Oct 29, 2020 7:58am
In the meantime, the Governing Council of the ECB took the following monetary policy decisions:

(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within its projection horizon, and such convergence has been consistently reflected in underlying inflation dynamics.
  • #1,186,446
  • Oct 29, 2020 8:03am Oct 29, 2020 8:03am
Quoting saidi123
In the meantime, the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within its projection horizon, and such convergence...
probably what most expected, how dovish and pessimistic will the press conference be
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  • #1,186,447
  • Oct 29, 2020 8:08am Oct 29, 2020 8:08am
Quoting mistaouting
{quote} 1750 and 1775 areas are my short term R areas and only support i can currently see now is that 1700 area
seeing significant pressure on this support....was wishing it would bounce nice and give me a good short entry. but will continue to be patient
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  • #1,186,448
  • Oct 29, 2020 8:17am Oct 29, 2020 8:17am
some upward move to 1757 area possible from here
  • #1,186,449
  • Oct 29, 2020 8:17am Oct 29, 2020 8:17am
waiting and watching to see what happens between 1730-50 if price gets back up there today
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  • #1,186,450
  • Edited 8:36am Oct 29, 2020 8:24am | Edited 8:36am
Eur/usd I'm still holding buy order .-158 today. 1690 low today Eur/usd it's dipped into the supply area 78% and long wicks forming on bottom of candles signify rejection of lower prices. Should fly up from here. Looking for return to 1.1950 From here. I keep buying the top of 6th waves! Two weeks of wave 6 I've had enough lets 7 already!
Market cycle coordinate clock: Year 7 month 3 day 3 hour 6 going to 7. Need day 3 hour 7 to arrive in the timeline. Wish the future would hurry up.
Founder of Sutherland Wave Principle
  • #1,186,451
  • Oct 29, 2020 8:25am Oct 29, 2020 8:25am
A big defense of 1.17 by the big boys. Euro could pop up to 1725-30 area maybe? then drop again based on fundies
  • #1,186,452
  • Oct 29, 2020 8:26am Oct 29, 2020 8:26am
Quoting suthmo
It's dipped into the supply area 78% and getting long wicks. Should fly up from here.
Yea, a lot of buy orders at 1.17 now
  • #1,186,453
  • Oct 29, 2020 8:31am Oct 29, 2020 8:31am
Nice little bounce - hopefully it can get back up to 1.174x
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You can lead a horse to water, but you can't make it drink
  • #1,186,454
  • Oct 29, 2020 8:32am Oct 29, 2020 8:32am
Quoting suthmo
Eur/usd I'm still holding buy order. 1690 low today Eur/usd it's dipped into the supply area 78% and long wicks forming on bottom of candles signify rejection of lower prices. Should fly up from here. Looking for return to 1.1950 From here.
carful buddy...long way down possibly soon! 1700 1950 will break soon IMO

EDIT: soon being this week possibly today IMO...of course time will tell not me

EDIT: could hit 1650 soon
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  • #1,186,455
  • Oct 29, 2020 8:36am Oct 29, 2020 8:36am
Quoting mistaouting
{quote} carful buddy...long way down possibly soon! 1700 1950 will break soon IMO EDIT: soon being this week possibly today IMO...of course time will tell not me EDIT: could hit 1650 soon
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  • #1,186,456
  • Oct 29, 2020 8:41am Oct 29, 2020 8:41am
Looks like a reverse symmetrical triangle forming for reveral here.
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Click to Enlarge Name: rst.png Size: 15 KB
Founder of Sutherland Wave Principle
  • #1,186,457
  • Oct 29, 2020 8:45am Oct 29, 2020 8:45am
Keeping an eye on the 1.1670 level if breaks lower - some buying volume hanging about there too
You can lead a horse to water, but you can't make it drink
  • #1,186,458
  • Oct 29, 2020 8:47am Oct 29, 2020 8:47am
Looks like the bulls are running out of juice here at 1.17
  • #1,186,459
  • Oct 29, 2020 8:49am Oct 29, 2020 8:49am
1.1681 Is bull alarm clock
Lower trendline breached at position E time to wake the bulls.
Need a second dip on the trend line...
There she goes...
Attached Image (click to enlarge)
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Founder of Sutherland Wave Principle
  • #1,186,460
  • Oct 29, 2020 8:56am Oct 29, 2020 8:56am
Quoting suthmo
1.1681 Is bull alarm clock Lower trendline breached at position E time to wake the bulls. Need a second dip on the trend line... There she goes... {image}
was almost stopped out, had to adjust lol
You can lead a horse to water, but you can't make it drink
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