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EURUSD only

  • #120,601
  • Dec 1, 2020 3:12pm Dec 1, 2020 3:12pm
We unknowingly struggle in this game and constantly try to understand the cause of market movements. While not needing much knowledge. The market in turn touches the stop loss of all traders. Only sometimes it is not our turn and we make a profit, and when it is our turn, it is useless to run away.
Lost in Narrative
  • #120,602
  • Dec 1, 2020 3:16pm Dec 1, 2020 3:16pm
Quoting BeeTogether
{quote} You still thinking a retrace is on the cards..
Yes
but i never counter trade a big trend one hour before New York close

wait tomorrow
Make money by doing the opposite of Giveachance aka loser
  • #120,603
  • Dec 1, 2020 3:42pm Dec 1, 2020 3:42pm
all I want is just a 3 hours sleep... and here I am facing ...
  • #120,604
  • Dec 1, 2020 3:47pm Dec 1, 2020 3:47pm
Quoting klm1011
{quote} There is a symmetrical triangle being formed now on H1 , if you zoom out fully to appreciate ,, a breakout could be big directional move..... get ready guys and gals ...
......another price action assessment back on 19 nov 2020
  • #120,605
  • Dec 1, 2020 3:50pm Dec 1, 2020 3:50pm
Quoting BeeTogether
Was the spike due to some Brexit news?
Do you mean the move of the whole day. It was due to the news of a bipartisan fiscal proposal of about $1 trn in the US.

I stay long - as usually since May... Target still 1.24-1.28 area.
Another day, another dollar.
  • #120,606
  • Dec 1, 2020 4:26pm Dec 1, 2020 4:26pm
Quoting nic9man
{quote} Do you mean the move of the whole day. It was due to the news of a bipartisan fiscal proposal of about $1 trn in the US. I stay long - as usually since May... Target still 1.24-1.28 area.
Ah ok. Got caught on the wrong side of the spike... hoping for a retrace towards 12000 to b/e before I go long again
Insane in the Brain..
  • #120,607
  • Dec 1, 2020 4:33pm Dec 1, 2020 4:33pm
i am hating the market today,its kinda slavery and mental torture,it has touched 52 weeks and all SNR,what else it demands,still going high.50% of my account is floating,plz suggest will it go up or down until nfp? anyone knows how to hedge and recover ? by full hedge lot or divided hedge lots.thnks
  • #120,608
  • Dec 1, 2020 4:39pm Dec 1, 2020 4:39pm
The new daily candle open marking a low 1.2065 while spread was high is a dirty trick that might be a hint of way bigger move to around 1.21 and possibly more..
A failure of doing so might result in bearish divergence on 1&4 hour time frames.
Retracement is found at 1.2030 and possibly 1.2000s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #120,609
  • Dec 1, 2020 4:54pm Dec 1, 2020 4:54pm
I close all my buy positions now.
try first short at 1.20731 SL 20 pips.
Dangdut is a music of my country
  • #120,610
  • Dec 1, 2020 5:05pm Dec 1, 2020 5:05pm
Quoting purevenom
{quote} Still holding this 1.206x-08x might be turning point how deep idk Unless current high hold
With such extended daily range..we'll see if this session just gonna ping pong between 60-80 before london or have enough balls to break something.
Don't mind me.. i'm crazy
  • #120,611
  • Dec 1, 2020 6:20pm Dec 1, 2020 6:20pm
Quoting newbegger
Monthly close has inverted hammer, bearish. The price is now at a major support area so more downside may be limited. {image} Weekly has a squeeze pattern with the big bear candles engulfing the last four candles, very bearish if it closes the week out below 1.1600. Lot's of room to run down to 1.1200 area. {image} I think next weeks elections will be key to price direction if a victory is declared. Lot's of chop if the outcome is not determined.
Classic Morning star pattern. You may try to scalp some shorts here but don't stay too long on the short side.

The trend is up from the reversal pattern and the USD bears are very happy with the almost assured Biden win. TA and FA both point higher for EURUSD

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 62 KB
Ecclesiastes 1:9
  • #120,612
  • Dec 1, 2020 8:54pm Dec 1, 2020 8:54pm
Sold@ 1.2018
SL @1.2083

RIP to this trade... already out of fund to inject more into SL...
  • #120,613
  • Dec 1, 2020 9:15pm Dec 1, 2020 9:15pm
Quoting Mitiblotch
{quote} Tomorrow is Wednesday. We should hit below 1.2000 very very easy. Looking at many factors now: 1. RSI is extended in all timeframes some reading 85 which on most occasions sends it spiralling down for some correction. 2. Those 70% sellers have been wiped clean. Now some late buyers also have to be dealt with. 3. Tomorrow is Wednesday, which is a usual sell day. 4. Tomorrow's daily pivot will be below tonight's closing which will most likely be tested tomorrow and broken down. There are other things, but these 3 should suffice. 1990 will...
Thursday Outlook
Attached Image
  • #120,614
  • Dec 1, 2020 9:29pm Dec 1, 2020 9:29pm
Quoting gateuxFX
Sold@ 1.2018 SL @1.2083 RIP to this trade... already out of fund to inject more into SL...
1.2094 is resistance.
  • #120,615
  • Dec 1, 2020 9:39pm Dec 1, 2020 9:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (3).png Size: 64 KB
thats my trade...$250 out...RIP already out of fund to inject more SL
  • #120,616
  • Dec 1, 2020 9:41pm Dec 1, 2020 9:41pm
anyone with spare $100 in paypal willing to help me out here..
  • #120,617
  • Dec 1, 2020 9:47pm Dec 1, 2020 9:47pm
1.2094 is going to hold. It should push it back to 1.2065. Then the move above 1.2130 - 40 area. This will push it to below 1.21.
Let's see if these scenarios work or not.
  • #120,618
  • Dec 1, 2020 9:53pm Dec 1, 2020 9:53pm
this trade are like literally hanging by the thin thread.

the stress just by seeing the chart has been like overwhelming... gonna get my self a good cry if this is over.. .
  • #120,619
  • Dec 1, 2020 9:54pm Dec 1, 2020 9:54pm
Quoting gateuxFX
anyone with spare $100 in paypal willing to help me out here..
There are some funded trading programs available. Check it out.
FTMO and so on.

Watch these scenarios I mentioned before, we will definitely see some reactions. DXY is in vulnerable position right now.
  • #120,620
  • Dec 1, 2020 9:55pm Dec 1, 2020 9:55pm
it's over... haha I just got kick out of my SL...
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