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EURUSD

  • #1,188,141
  • Nov 27, 2020 2:34pm Nov 27, 2020 2:34pm
New target 1.2050/ 1.2100+
Founder of Sutherland Wave Principle
  • #1,188,142
  • Nov 27, 2020 3:11pm Nov 27, 2020 3:11pm
E. might go higher BUT I will be a seller soon and before the cls of the day... Started at 61 now .... No SL [ I mean , more than 50 pips ]

  • #1,188,143
  • Nov 27, 2020 9:15pm Nov 27, 2020 9:15pm
A gentle reminder....
Attached Image
Only an idiot knows with certainty to where the market is going.
  • #1,188,144
  • Nov 28, 2020 1:22am Nov 28, 2020 1:22am
he is in the best position now.
eurusd-sell
usdjpy-buy
this is for next week.
h4.
  • #1,188,145
  • Nov 28, 2020 4:25am Nov 28, 2020 4:25am
Quoting suthmo
New target 1.2050/ 1.2100+
Do you have a chrystal ball? lol
don’t mislead people
  • #1,188,146
  • Nov 28, 2020 4:50am Nov 28, 2020 4:50am
Quoting tiborf71
he is in the best position now. eurusd-sell usdjpy-buy this is for next week. h4.
Indeed. When I see people longing friday's top, I don't know if to cry or laugh. I wouldn't be surprised with a gap down that people will chase to fill, without success.
Everyone can see the chart, but only a few can actually read it.
  • #1,188,147
  • Nov 28, 2020 5:29am Nov 28, 2020 5:29am
Up Swing big volumes, Down Swing low volume....trend is UP

Beetween 1.18 & 1.19 MANY MANY BUYERS.......SHORT at moment is good ONLY if 1.19 will be broken
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 17 KB
  • #1,188,148
  • Nov 28, 2020 5:39am Nov 28, 2020 5:39am
Quoting tiborf71
he is in the best position now. eurusd-sell usdjpy-buy this is for next week. h4.
it depends on veto by Hungary and Poland against the EU. The discussion will be held in next week.
Given that situation, EU will be big and unforseen volatility.
  • #1,188,149
  • Nov 28, 2020 5:49am Nov 28, 2020 5:49am
Quoting OnlineAddict
{quote} Indeed. When I see people longing friday's top, I don't know if to cry or laugh. I wouldn't be surprised with a gap down that people will chase to fill, without success.
OK.
just look back at the eur / usd-usd / jpy relationship in history.
and you realize what to expect.
  • #1,188,150
  • Nov 28, 2020 1:03pm Nov 28, 2020 1:03pm
Quoting tiborf71
he is in the best position now. eurusd-sell usdjpy-buy this is for next week. h4.
We may have to see if the EURUSD gets into a consolidation phase on Monday.
FXOpen - International True ECN Broker
  • #1,188,151
  • Nov 29, 2020 4:36am Nov 29, 2020 4:36am
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  • #1,188,152
  • Nov 29, 2020 1:46pm Nov 29, 2020 1:46pm
Quoting PatienceFx
{image}
I read it. Unbelievable news!
  • #1,188,153
  • Nov 29, 2020 3:53pm Nov 29, 2020 3:53pm
Here's my take on the EURUSD, from the technical perspective of a swing trader. Technicals on the daily time frame support bulls. A rising trendline (blue) from recent lows is still intact and there has been little bearish reaction. Nevertheless, recent bullish prints have alternated between small and pronounced prints. The Friday print was relatively pronounced and may sign post a bullish surge before any strong bearish reaction as price action enters the 1.19550/1.20140 horizontal resistance zone (magenta) seen on the monthly time frame. Technically, the area is susceptible to a bearish rejection, but we should await what price action does in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_November 29, 2020.png Size: 38 KB
Do your homework, follow the footprints of smart money
  • #1,188,154
  • Nov 29, 2020 4:02pm Nov 29, 2020 4:02pm
for me the overall theme is dollar weakness. not sure why they are letting this happen. why are they not defining the dollar? it might be that trumpet is going to win in the courts? answers on a post card please.
In tea leaves we trust!
  • #1,188,155
  • Nov 29, 2020 4:08pm Nov 29, 2020 4:08pm
Quoting Mcbeaners
for me the overall theme is dollar weakness. not sure why they are letting this happen. why are they not defining the dollar? it might be that trumpet is going to win in the courts? answers on a post card please.
dollar weakness is not always or necessarily a bad thing. In this case probably good for most countries and US...until other currencies gain to much...like the EURO and that could be come a issue for the EU...IDK just a thought
LOCK IN RE-ENTER
  • #1,188,156
  • Nov 29, 2020 4:09pm Nov 29, 2020 4:09pm
Quoting Mcbeaners
for me the overall theme is dollar weakness. not sure why they are letting this happen. why are they not defining the dollar? it might be that trumpet is going to win in the courts? answers on a post card please.
What do you expect when they print so much fiat out of thin air? At some point it is going to have a negative impact on value. We are seeing that now.
Learn from your mistakes and march on.
  • #1,188,157
  • Nov 29, 2020 4:16pm Nov 29, 2020 4:16pm
Quoting here2there
{quote} What do you expect when they print so much fiat out of thin air? At some point it is going to have a negative impact on value. We are seeing that now.
why do people talk as if feds "actually" print currency and that's what moves value of USD....as if the more dollar bills come off the print press the more in circulation and lower the value...seems like that your saying....

i was thinking ultimately value in USD was determined by expectations of its perceived value based on economic conditions/forecast...
LOCK IN RE-ENTER
  • #1,188,158
  • Nov 29, 2020 4:25pm Nov 29, 2020 4:25pm
Quoting mistaouting
{quote} why do people talk as if feds "actually" print currency and that's what moves value of USD....as if the more dollar bills come off the print press the more in circulation and lower the value...seems like that your saying.... i was thinking ultimately value in USD was determined by expectations of its perceived value based on economic conditions/forecast...
I knew you would respond. hahaha

It's called the law of supply and demand. You should look it up.
Learn from your mistakes and march on.
  • #1,188,159
  • Nov 29, 2020 4:49pm Nov 29, 2020 4:49pm
Quoting here2there
{quote} I knew you would respond. hahaha It's called the law of supply and demand. You should look it up.
kinda familiar with it....

feds are not literally printing more dollar bills flooding the world with dollar bills driving down the price....following thoughts of supply and demand.

most transaction are not even done with actual physical USD....the value of the USD is what we give to it... not based on quantity of physical USD moving around....

most transactions are not even done with physical USD but contracts and electronic transactions

this was my understanding but could be wrong
LOCK IN RE-ENTER
  • #1,188,160
  • Nov 29, 2020 4:57pm Nov 29, 2020 4:57pm
Quoting mistaouting
{quote} ...feds are not literally printing more dollar bills flooding the world with dollar bills...
Prove it. What evidence do you have to back up this claim?
Learn from your mistakes and march on.
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