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  • #120,741
  • Dec 2, 2020 7:36am Dec 2, 2020 7:36am
Quoting kuroro001
{quote} I have clearly no ideas I'm trading the chart with the potential fall to 2000 coming We have extreme move on all tf, from m5 to weekly So right now, right here (more or less some pips) is the best place for a retrace
You mean 2000 pips? So EU will drop to 1.01 - 1.03 area?
  • #120,742
  • Dec 2, 2020 7:39am Dec 2, 2020 7:39am
Quoting hans91
{quote} You mean 2000 pips? So EU will drop to 1.01 - 1.03 area?
Correction 1,2 and below

When i look at this rise, it looks like the inverted move of the 5th october of 2014 on H4 in term of oversold/overbought territory

So lets see if its possible to have an interesting retrace here

I'm looking at the H4 chart here
COT: The precious data ignored
  • #120,743
  • Edited 8:00am Dec 2, 2020 7:41am | Edited 8:00am
Right I’m out took a big hit. It is bullish. As Ata mentioned earlier 2118 be a good long target for a scalp before looking at potentially retracing for 30

should have waited for the drop.. oh well sidelined until I see a good entry point.
Insane in the Brain..
  • #120,744
  • Dec 2, 2020 7:58am Dec 2, 2020 7:58am
Quoting BeeTogether
Right I’m out took a big hit. It is bullish. As Ata mentioned earlier 2118 be a good long target for a scalp before looking at potentially retracing for 30
I mentioned 1.2118 as extreme max... You should be short by now.. --> 1.2099!!!!!!!!!!! And your stop should have been already moved to break even...

Stay Green
Focus only on what truly matters!
  • #120,745
  • Dec 2, 2020 8:00am Dec 2, 2020 8:00am
Bearish engulfing on M30, but I think it is a buy anyway.
Another day, another dollar.
  • #120,746
  • Dec 2, 2020 8:01am Dec 2, 2020 8:01am
Quoting Ata-Turkoglu
{quote} I mentioned 1.2118 as extreme max... You should be short by now.. --> 1.2099!!!!!!!!!!! Stay Green
Ata a que nivel apuntas. Gracias por la info.
  • #120,747
  • Dec 2, 2020 8:02am Dec 2, 2020 8:02am
Quoting Ata-Turkoglu
{quote} I mentioned 1.2118 as extreme max... You should be short by now.. --> 1.2099!!!!!!!!!!! Stay Green
I have nearly same number and it missed.. mofo didn't gave me my short entry
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Don't mind me.. i'm crazy
  • #120,748
  • Dec 2, 2020 8:05am Dec 2, 2020 8:05am
Quoting Willord21
{quote} Ata a que nivel apuntas. Gracias por la info.
Initially all my sell targets are limited to 1.2063 max.. Since I will trail my SL it actually doesn't matter that much but that's my anticipated target level for now.. One thing for sure though: I will keep selling 1.2099 area..

Stay Green
Focus only on what truly matters!
  • #120,749
  • Dec 2, 2020 8:06am Dec 2, 2020 8:06am
It's just feels like it wants to go UP.
The last H1 looks like a TRAP for the bears.
  • #120,750
  • Dec 2, 2020 8:08am Dec 2, 2020 8:08am
Quoting ChiForex
{quote} There's no daily resistance zone at 1.2090s but Weekly one around 1.21 with probably some more pips to hunt sl
.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #120,751
  • Dec 2, 2020 8:09am Dec 2, 2020 8:09am
A broken support trendline now resistance on H4
Shooting star on H1, with price back under the last orizzontal support
Touch of 1.21 round number and reaction
So, risky short counter trend


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  • #120,752
  • Dec 2, 2020 8:12am Dec 2, 2020 8:12am
Quoting Ata-Turkoglu
{quote} I mentioned 1.2118 as extreme max... You should be short by now.. --> 1.2099!!!!!!!!!!! And your stop should have been already moved to break even... Stay Green
Tell you truth I didn’t keep my head in right space today.. usually I would have just kept my calm.

anyway back on the short entry now albeit a bit later now but keeping SL at 12120 now and will be having a moving SL as and when I have enough pips for b/e
Insane in the Brain..
  • #120,753
  • Dec 2, 2020 8:22am Dec 2, 2020 8:22am
Quoting BeeTogether
{quote} Tell you truth I didn’t keep my head in right space today.. usually I would have just kept my calm. anyway back on the short entry now albeit a bit later now but keeping SL at 12120 now and will be having a moving SL as and when I have enough pips for b/e
My bearish wish is that no H4 candle closes above 1.20765... Let's see.. 100 more minutes until candle close..

Stay Green
Focus only on what truly matters!
  • #120,754
  • Dec 2, 2020 8:56am Dec 2, 2020 8:56am
Quoting Ata-Turkoglu
{quote} My bearish wish is that no H4 candle closes above 1.20765... Let's see.. 100 more minutes until candle close.. Stay Green
Looking a bit tight... am tempted to move to to B/E at 12085 as the bears are just not playing ball today
Insane in the Brain..
  • #120,755
  • Dec 2, 2020 9:05am Dec 2, 2020 9:05am
Let's see if we can get a last minute drop, today wants to close bearish ( supply trying to form on daily)
Risk comes from not knowing what to do
  • #120,756
  • Dec 2, 2020 9:07am Dec 2, 2020 9:07am
Quoting BeeTogether
{quote} Looking a bit tight... am tempted to move to to B/E at 12085 as the bears are just not playing ball today
I think it'll touch 1.2075. It's unlikely we'll see above 1.21 unless any news but that too short lived.
  • #120,757
  • Dec 2, 2020 9:16am Dec 2, 2020 9:16am
still keeping my greed intact
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  • #120,758
  • Dec 2, 2020 9:59am Dec 2, 2020 9:59am
https://www.forexlive.com/technical-...break-20201202
MTF PA with indicators = a winning team
  • #120,759
  • Dec 2, 2020 10:01am Dec 2, 2020 10:01am
Quoting PatienceFx
still keeping my greed intact {image} {image}
Not a perfect shooting star candle but just based on that I would have already closed all longs if I had any, manually at 1.2100 if I was you.. Good luck though

Stay Green
Focus only on what truly matters!
  • #120,760
  • Dec 2, 2020 10:17am Dec 2, 2020 10:17am
That 1.24 area looks like medium target.

could be hit by inauguration.

Short opportunities for sure, but stick to your stop levels. Pressure is upside until some kind of significant change. Reevaluate My stance at 1.24-1.25.

could have longer term legs. Not sure.


don’t forget Brexit weighs on EUR too in some pairs like EURUSD. we have multiple significant fundamental factors in play.

sorry for bad grammar. At work. In a rush.
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