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EURUSD

  • #1,187,361
  • Nov 9, 2020 3:18pm Nov 9, 2020 3:18pm
ECB kept benchmark interest rate unchanged in October. The manufacturing sector in the Eurozone grew substantially in October, recovering from the server economic downturn from the epidemic, thus EUR was supported. EURUSD rose 2.2% last week, and once rose above the 1.18 mark; while EURHKD was trading above the 9.2 level.

COT long positions are still majority.


Trading is not gambling.
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  • #1,187,362
  • Nov 9, 2020 3:19pm Nov 9, 2020 3:19pm
Quoting Efelexy
EURUSD fell like a pack of card today. Hahahaha.......... Efelexy's Forex Office;- 09/11/2020. EURUSD. Current Data On EURUSD At This Time: Low:- 1.1795 High:- 1.1920 Total Pips Moved:- 125
The London boys bid it up, the New York boys drove it back down
  • #1,187,363
  • Nov 9, 2020 3:41pm Nov 9, 2020 3:41pm
Quoting coolhand
{quote} The London boys bid it up, the New York boys drove it back down
Exactly Mate, very keen to see what price today session will close at and also what the Asians will do with the closing price before London session resumes again. I am loving how price action is playing out already. Good luck to us all, cheers Mate.
It is all about the foreign exchange market.
  • #1,187,364
  • Nov 9, 2020 4:21pm Nov 9, 2020 4:21pm
Quoting Efelexy
{quote} Exactly Mate, very keen to see what price today session will close at and also what the Asians will do with the closing price before London session resumes again. I am loving how price action is playing out already. Good luck to us all, cheers Mate.
I have a suspicion Asia will bid it up this session by looking at my chart
  • #1,187,365
  • Nov 9, 2020 6:04pm Nov 9, 2020 6:04pm
Today's transaction advocacy
https://f22-zpg.zdn.vn/3148103539624...317d6f2420.jpg
  • #1,187,366
  • Edited 6:28pm Nov 9, 2020 6:15pm | Edited 6:28pm
i dont know why many people like to spent hours and hours analyize the minor trend..30 mins cande..5 mins candles even 1m.

analyze minor trend or low time frame candle for me is waste to much time, coz it could swift fastly and have alot noise..

i prefer spent hours to analyze and see the major trend from weekly or even monthly chart.. then seek for good opportunity to make position with minimum SL

like my simple analysis from early october..

Quoting ruhut
EurUsd seems still bearish. I predict that we will see 1.14 first before see 1.2 {image}
i make a lot of pips just by seeking sell near 1.19-1.2 with minimum TP 1.17 and max target 1.14(still not reached) , SL 1.2 and move BEP+20pips after 100pips..

and thats still valid till now.. i still believe that we will see 1.14 first before 1.2
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  • #1,187,367
  • Nov 9, 2020 6:49pm Nov 9, 2020 6:49pm
Quoting ruhut
i dont know why many people like to spent hours and hours analyize the minor trend..30 mins cande..5 mins candles even 1m. analyze minor trend or low time frame candle for me is waste to much time, coz it could swift fastly and have alot noise.. i prefer spent hours to analyze and see the major trend from weekly or even monthly chart.. then seek for good opportunity to make position with minimum SL like my simple analysis from early october.. {quote} i make a lot of pips just by seeking sell near 1.19-1.2 with minimum TP 1.17 and max target 1.14(still...
True it is better to analyze on monthly,weekly and daily. But when the market is ranging for weeks, and you want to make money, you need to go on one hour or 15min tf and take positions in and out in a day. Because if you open long term in market ranging, you can get stuck for weeks and it can be frustrated for some. Me if i see that is ranging i close position. I prefer small loss than being stuck in a ranging market, than i go trade on 15min tf. Trade safe.
  • #1,187,368
  • Nov 9, 2020 8:07pm Nov 9, 2020 8:07pm
Quoting Techanalyst
{quote} True it is better to analyze on monthly,weekly and daily. But when the market is ranging for weeks, and you want to make money, you need to go on one hour or 15min tf and take positions in and out in a day. Because if you open long term in market ranging, you can get stuck for weeks and it can be frustrated for some. Me if i see that is ranging i close position. I prefer small loss than being stuck in a ranging market, than i go trade on 15min tf. Trade safe.
maybe because i am not daily trader, and trading like investment to me..waiting doesn't frustated me. sometimes i waiting for a week but i have small acount for scalping, when my hands ithchy and want to trade..

also i'm not type of people which is trading for living..
i start trade from 2013 but still work as an accountant..
usualy trade on US market because thats out of work hour..US market start 7pm in my country.
sometimes i use weekday to review the market and make trading plan.

i thought alot of people here also made forex not for main job.. maybe i am wrong

thanks for the reply.. keep profit, trade safe, alot of anomali now
  • #1,187,369
  • Nov 9, 2020 8:15pm Nov 9, 2020 8:15pm
Bears want below 1.18, bulls want above 1.1850.

Bulls leading at the moment.
I will tear the world apart for you.
  • #1,187,370
  • Nov 9, 2020 8:25pm Nov 9, 2020 8:25pm
Quoting ruhut
{quote} maybe because i am not daily trader, and trading like investment to me..waiting doesn't frustated me. sometimes i waiting for a week but i have small acount for scalping, when my hands ithchy and want to trade.. also i'm not type of people which is trading for living.. i start trade from 2013 but still work as an accountant.. usualy trade on US market because thats out of work hour..US market start 7pm in my country. sometimes i use weekday to review the market and make trading plan. i thought alot of people here also made forex not for...
I see, that is good for you. I trade full time forex, have been for about six years. Very good career for me, I am glad I picked this career. Before this , I was machine builder in manufacturing, also a career I really enjoyed. Trade safe.
  • #1,187,371
  • Nov 9, 2020 10:46pm Nov 9, 2020 10:46pm
Quoting mades
{quote} Dont worry mate, he banned me after he claimed 213 trades in a row without a loss I said wtf.
I have no worries my friend. At least i know why he is desperate to prove me wrong and why he ask all to post the stop loss..
All are not idiots..
Lol...
  • #1,187,372
  • Nov 9, 2020 11:02pm Nov 9, 2020 11:02pm
Quoting ruhut
{quote} maybe because i am not daily trader, and trading like investment to me..waiting doesn't frustated me. sometimes i waiting for a week but i have small acount for scalping, when my hands ithchy and want to trade.. also i'm not type of people which is trading for living.. i start trade from 2013 but still work as an accountant.. usualy trade on US market because thats out of work hour..US market start 7pm in my country. sometimes i use weekday to review the market and make trading plan. i thought alot of people here also made forex not for...
If a person doesn't have a lot of time to spend in front of a computer monitoring charts, it is best to avoid day trading. The truth is, some people have it and others don't. I am one of those who doesn't have it. The Forex market is hard to trade because it is messy. I am amazed people are able to make a living doing this. Good for them.
Learn from your mistakes and march on.
  • #1,187,373
  • Nov 9, 2020 11:10pm Nov 9, 2020 11:10pm
Suthmo Vodoo forcasting, now in smellovision.

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Founder of Sutherland Wave Principle
  • #1,187,374
  • Nov 10, 2020 12:23am Nov 10, 2020 12:23am
Trading is the best career anyone can pick. Why people fail most times is because they do not specialize, but trade all sort of pairs that eventually hurt them. LoL. Anyway for me personally, I specialise on just two pairs and they are EU and GU. If you trade right and focus just on trading right, then you will always make money at ease. Cheers guys, wish us success today.
It is all about the foreign exchange market.
  • #1,187,375
  • Nov 10, 2020 12:33am Nov 10, 2020 12:33am
Quoting Efelexy
Trading is the best career anyone can pick. Why people fail most times is because they do not specialize, but trade all sort of pairs that eventually hurt them. LoL. Anyway for me personally, I specialise on just two pairs and they are EU and GU. If you trade right and focus just on trading right, then you will always make money at ease. Cheers guys, wish us success today.
Not in total agreement, how you trade/gamble or whatever you want to call it (lets not get into that again) it's very personal, I'm happy to use lots of different pairs because of my style, you only use two pairs and that's fine for you, but don't assume that if something doesn't work for you it's does work for someone else.
  • #1,187,376
  • Nov 10, 2020 12:37am Nov 10, 2020 12:37am
I keep short , crew.............. SL at 1.18 50

  • #1,187,377
  • Nov 10, 2020 12:42am Nov 10, 2020 12:42am
EU closed down yesterday, but the trend is neutral not so bearish yet in the daily timeframe.

1881 is the top of the range and 1791 the low.

I will wait to see the industrial production, and ZEW sentiment news first and then decide what to do.
The forecasts aren't good, but any upside surprise should give a good opportunity for both buyers and sellers.

Have a great trading day ahead and remember to trade with smaller lot if, you are not understanding for what is happening and not sure for your trade, that is a good advice I follow for Years.
Looking for profitable short term trades ...|
  • #1,187,378
  • Nov 10, 2020 12:45am Nov 10, 2020 12:45am
Quoting F.g
I keep short , crew.............. SL at 1.18 50
see 1.1860 area.
don't predict direction, but dance with flow of water
  • #1,187,379
  • Nov 10, 2020 12:45am Nov 10, 2020 12:45am
Sell at 1,1823.
  • #1,187,380
  • Nov 10, 2020 1:22am Nov 10, 2020 1:22am
Quoting Waveskierrob
{quote} Not in total agreement, how you trade/gamble or whatever you want to call it (lets not get into that again) it's very personal, I'm happy to use lots of different pairs because of my style, you only use two pairs and that's fine for you, but don't assume that if something doesn't work for you it's does work for someone else.
Easy Mate, I was only making a general view. It is just a general assertion, and definitely I know there are some good traders that trades lots of pairs and still do well. My own view factored in the newbies that might be reading what I wrote in order for them to take things slow and learn how to trade right first. So I got you Buddy, and I perfectly understand your point as well. Cheers, we move.
It is all about the foreign exchange market.
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