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EURUSD

  • #1,187,381
  • Nov 10, 2020 1:37am Nov 10, 2020 1:37am
1.18 26 now..... New selling , for me at 1.18 18 ON STOP

  • #1,187,382
  • Nov 10, 2020 2:00am Nov 10, 2020 2:00am
Trading Motivation of the day.
Trading is very simple but not easy. Why?
Because of our human nature we tend to look for something complex. We say that we want easy but we don't really.
We think that it needs to be complex. How can this be easy??
This mentality makes trading difficult.
It is not trading strategy or the process that is complex. We are not against that. We are not against the market either. We are against ourselves. Our own mind.
We must learn to play against our own mentality.
If you win your mind, you win the world for you.
Have a great trading day ahead. Stay safe and trade well.
It is all about the foreign exchange market.
  • #1,187,383
  • Edited 2:13am Nov 10, 2020 2:03am | Edited 2:13am
What smart money doing?
If we look at 1 H chart, a clear triangle pattern emerging.. Support at 1816-12..so the game is to close all short of the public and make them long... Once they long, a mild pull back will be created to give confidence..
Then the smart money pull the trigger....
So careful...
The pulling trigger is below 1812-or 1838, only time will tell..
If any one share this thought in other thread, sure they will ban the user..
The reason is, they want their followers to move as per their idea..

Edit: if low is broken near term target is 1.1706
  • #1,187,384
  • Nov 10, 2020 2:12am Nov 10, 2020 2:12am
Quoting Efelexy
{quote} 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.
No worries, just putting my point across, which is why we're here isn't it
  • #1,187,385
  • Nov 10, 2020 2:16am Nov 10, 2020 2:16am
So what is the trend for EU

Back after long time need to update myself before taking Trade
PaRaM
  • #1,187,386
  • Nov 10, 2020 2:22am Nov 10, 2020 2:22am
Quoting pgidia
So what is the trend for EU Back after long time need to update myself before taking Trade
Hello pgidia, what is bringing you back! Hope you are fine.

Looks like EU likes the sentiment and is trying to recover yesterdays fall.
Looking for profitable short term trades ...|
  • #1,187,387
  • Nov 10, 2020 2:24am Nov 10, 2020 2:24am
Indecision at DXY.
I will tear the world apart for you.
  • #1,187,388
  • Nov 10, 2020 2:27am Nov 10, 2020 2:27am
Quoting Js3mwtRc
{quote} Hello pgidia, what is bringing you back! Hope you are fine. Looks like EU likes the sentiment and is trying to recover yesterdays fall.
There were cases of Covid in my family members
And even had to go through death of my Sister's Husband

Now after all this back for some positivity and hope to start earning again after long haul
PaRaM
  • #1,187,389
  • Nov 10, 2020 2:41am Nov 10, 2020 2:41am
Quoting pgidia
{quote} There were cases of Covid in my family members And even had to go through death of my Sister's Husband Now after all this back for some positivity and hope to start earning again after long haul
I am really sorry to learn about, I hate covid.

I wish you my best, health to you and to all of your family members, now you are covid free.
Looking for profitable short term trades ...|
  • #1,187,390
  • Nov 10, 2020 3:05am Nov 10, 2020 3:05am
Quoting Js3mwtRc
{quote} I am really sorry to learn about, I hate covid. I wish you my best, health to you and to all of your family members, now you are covid free.
Yes now my family is Covid Free
PaRaM
  • #1,187,391
  • Nov 10, 2020 3:34am Nov 10, 2020 3:34am
Good Trade to start sold at 1835 and it fell like it was waiting for my entry
PaRaM
  • #1,187,392
  • Nov 10, 2020 4:20am Nov 10, 2020 4:20am
So far so good, crew.

I try to figure where I sould TP and reverse.

1.17 87 to 1.17 70 is a good landing strip imho . Watching now

  • #1,187,393
  • Nov 10, 2020 4:29am Nov 10, 2020 4:29am
1772 seems good level to target
PaRaM
  • #1,187,394
  • Nov 10, 2020 4:57am Nov 10, 2020 4:57am
Now what smart money want?
They want public to go long..!
So that euro can fall eventually to 1706...
  • #1,187,395
  • Nov 10, 2020 4:58am Nov 10, 2020 4:58am
1780 may offer some support, but I expect more downside at least to 1750.
Looking for profitable short term trades ...|
  • #1,187,396
  • Nov 10, 2020 5:11am Nov 10, 2020 5:11am
Fundamental sentiment is so complicated, market can simply go either way
I'm enjoying the wins because I was once terrified by loses
  • #1,187,397
  • Nov 10, 2020 5:15am Nov 10, 2020 5:15am
Quoting Js3mwtRc
1780 may offer some support, but I expect more downside at least to 1750.
With you on that - some support at psych level 80 as normal.

1.1755 ADR low is there so that is my current target.
You can lead a horse to water, but you can't make it drink
  • #1,187,398
  • Nov 10, 2020 5:39am Nov 10, 2020 5:39am
Trying to buy.
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Money Maker
  • #1,187,399
  • Nov 10, 2020 6:09am Nov 10, 2020 6:09am
EUR
Support / Resistance
vs USD 1.1637 / 1.1954
Current Trend: Bullish

ECB kept benchmark interest rate unchanged in October. Germany announced yesterday that its September trade account data was higher than market forecasts. EURUSD fell due to the progress of the new vaccine. EURUSD dropped 0.49% overnight, and traded around the 1.18 mark; while EURHKD was trading above the 9.2 level.
  • #1,187,400
  • Nov 10, 2020 6:38am Nov 10, 2020 6:38am
Quoting Techanalyst
EUR Support / Resistance vs USD 1.1637 / 1.1954 Current Trend: Bullish ECB kept benchmark interest rate unchanged in October. Germany announced yesterday that its September trade account data was higher than market forecasts. EURUSD fell due to the progress of the new vaccine. EURUSD dropped 0.49% overnight, and traded around the 1.18 mark; while EURHKD was trading above the 9.2 level.
Including EURO TERRIFS on US goods
I'm enjoying the wins because I was once terrified by loses
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