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EURUSD

  • #1,188,301
  • Dec 3, 2020 7:20am Dec 3, 2020 7:20am
Quoting PatienceFx
5 minute chart {image}

Yep, and if you see anything bearish on this, please let me know...
  • #1,188,302
  • Dec 3, 2020 7:29am Dec 3, 2020 7:29am
Quoting Matts Micro
Interesting tech outlook on weekly. It appears the BO could be confirming. EOM today, so could throw a spanner into the works so I will wait for close on weekly candle. {image} {image}
Could be the beginning of a long haul to the topside.
Monthly...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 104.png Size: 68 KB
As the lights go by so too do the shadows move
  • #1,188,303
  • Edited 7:43am Dec 3, 2020 7:33am | Edited 7:43am
Looking price ahead somewhere there
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-mn1-admiral-markets-group-2.jpg Size: 87 KB
If price hit that target should go ahead even more
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-mn1-admiral-markets-group-4.jpg Size: 152 KB
  • #1,188,304
  • Dec 3, 2020 7:40am Dec 3, 2020 7:40am
So this is a short analysis for all the bears here.

Because everyone shorting right now is telling himself: "this bullish trend should end at some point !!!!!"

Well, here it is your point: 1.28482 (if all goes liniar and nothing happens with the trend).

Happy shorting .... to 1.28 ...
Attached Image (click to enlarge)
Click to Enlarge Name: trend stop.jpg Size: 628 KB
  • #1,188,305
  • Dec 3, 2020 8:07am Dec 3, 2020 8:07am
try find new approach in new thread
https://www.forexfactory.com/thread/...4#post13295484
  • #1,188,306
  • Dec 3, 2020 8:19am Dec 3, 2020 8:19am
All is possible in this world.But i think about retrace.About daily i even dont speak.
Attached Image (click to enlarge)
Click to Enlarge Name: b9b447dbead443d7aa02bbc83ca88abf.png Size: 193 KB
  • #1,188,307
  • Dec 3, 2020 8:57am Dec 3, 2020 8:57am
A weaker dollar is what they wanted. A weaker dollar is what they are getting.
Learn from your mistakes and march on.
  • #1,188,308
  • Dec 3, 2020 9:54am Dec 3, 2020 9:54am
You can see from the chart that Volume Profile shows ultra low volume and yet EURUSD continues to rise. This is abnormal.

Attached Image (click to enlarge)
Click to Enlarge Name: Image 1.png Size: 35 KB
Learn from your mistakes and march on.
  • #1,188,309
  • Dec 3, 2020 10:04am Dec 3, 2020 10:04am
Quoting here2there
You can see from the chart that Volume Profile shows ultra low volume and yet EURUSD continues to rise. This is abnormal. {image}
This is where the big money is made
Looking for profitable short term trades ...|
  • #1,188,310
  • Dec 3, 2020 10:18am Dec 3, 2020 10:18am
Quoting Js3mwtRc
{quote} This is where the big money is made
true
Learn from your mistakes and march on.
  • #1,188,311
  • Dec 3, 2020 10:21am Dec 3, 2020 10:21am
Quoting here2there
{quote} true
so may i ask, does this not mean now also that we have a zone withvery little liquidity? i am not trying to guess bottom or top, but if we hit this zone from the top later on, it shall fall like a stone fast through this or?
  • #1,188,312
  • Dec 3, 2020 10:32am Dec 3, 2020 10:32am
Quoting krst8
{quote} so may i ask, does this not mean now also that we have a zone withvery little liquidity? i am not trying to guess bottom or top, but if we hit this zone from the top later on, it shall fall like a stone fast through this or?
This area is what is known as Unfair Value. Ideally, one would expect it to return to or near the Point of Control, which is at 1.18291, before continuing to move much higher. But despite what others might say, market conditions are not normal due to COVID-19. So anything can happen.

The bottom line is EURUSD is bullish. I am learning more and more that it is not wise to trade against the Daily trend.
Learn from your mistakes and march on.
  • #1,188,313
  • Dec 3, 2020 10:36am Dec 3, 2020 10:36am
Quoting here2there
{quote} true
A healthy trend, but todays bar is smaller. Profit taking should give a good opportunity around 1.2000-10.
Looking for profitable short term trades ...|
  • #1,188,314
  • Dec 3, 2020 12:19pm Dec 3, 2020 12:19pm
Anyone else buying in this area
LOCK IN RE-ENTER
  • #1,188,315
  • Dec 3, 2020 12:46pm Dec 3, 2020 12:46pm
Look the DOW....... what happened...????
  • #1,188,316
  • Dec 3, 2020 12:51pm Dec 3, 2020 12:51pm
Quoting F.g
Look the DOW....... what happened...????
vaccine news....just cut date back from one the companies

edit: pfizer
LOCK IN RE-ENTER
  • #1,188,317
  • Dec 3, 2020 12:53pm Dec 3, 2020 12:53pm
will see what that will do to euro..hope it gives new levels to buy
LOCK IN RE-ENTER
  • #1,188,318
  • Dec 3, 2020 12:54pm Dec 3, 2020 12:54pm
Quoting mistaouting
Anyone else buying in this area
Me..
Only an idiot knows with certainty to where the market is going.
  • #1,188,319
  • Dec 3, 2020 1:11pm Dec 3, 2020 1:11pm
Quoting MrBullBear
{quote} Me..
old faithful

well watch out for news, i would guess it helps push euro further but could also cause a flight back to usd but im leaning with more push up...may ride this train into 2021
LOCK IN RE-ENTER
  • #1,188,320
  • Dec 3, 2020 1:59pm Dec 3, 2020 1:59pm
I would Like to see this Daily Trendline break Upawards !
Attached Image (click to enlarge)
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Enjoy it while it lasts, then pay for it. Be Grateful.
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