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  • #1,188,321
  • Dec 3, 2020 2:10pm Dec 3, 2020 2:10pm
I would like to see a retracement back to 1.12 - 1.1965.

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Learn from your mistakes and march on.
  • #1,188,322
  • Dec 3, 2020 2:18pm Dec 3, 2020 2:18pm
buyers vs sellers

Hey have you checked out QuantomPOC MT4 indicator with projections ? it looks really well made.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,188,323
  • Dec 3, 2020 2:23pm Dec 3, 2020 2:23pm
Quoting mistaouting
{quote} 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
I'm not faithful. Some already closed but I keep adding and trailing it with SL. As long as it doesn't get hit, I won't flip.
Only an idiot knows with certainty to where the market is going.
  • #1,188,324
  • Dec 3, 2020 2:24pm Dec 3, 2020 2:24pm
Quoting Pipimintpati
buyers vs sellers Hey have you checked out QuantomPOC MT4 indicator with projections ? it looks really well made.
What I don't like to see is prices continuing to go up or down on higher time frames without a decent retracement.

The Volume Profile I use is from Trading View.
Learn from your mistakes and march on.
  • #1,188,325
  • Dec 3, 2020 4:18pm Dec 3, 2020 4:18pm
Quoting MrBullBear
{quote} Me..
Yep, looking for a short setup at 122.
  • #1,188,326
  • Dec 3, 2020 4:56pm Dec 3, 2020 4:56pm
Quoting MrBullBear
{quote} I'm not faithful. Some already closed but I keep adding and trailing it with SL. As long as it doesn't get hit, I won't flip.
I closed, ill wait for next entry into next ny session

EDIT: hoping for some sorta mean reversion i guess at least on h1, maybe around 2100
LOCK IN RE-ENTER
  • #1,188,327
  • Dec 3, 2020 5:04pm Dec 3, 2020 5:04pm
Quoting mallee
{quote} Yep, looking for a short setup at 122.
seem like a good area of support...was looking at 2100 but that might 122 area might be better

EDIT: ohhh i see what you said...im not shorting it but will set alerts to buy in area possibly...Asia and London my not let it back down but hope someone takes profit soon
LOCK IN RE-ENTER
  • #1,188,328
  • Dec 3, 2020 5:08pm Dec 3, 2020 5:08pm
Quoting here2there
{quote} What I don't like to see is prices continuing to go up or down on higher time frames without a decent retracement. The Volume Profile I use is from Trading View.
when its a bull its a bull....dont fight it

see those get hurt in disbelief thinking its over sold or that it cant keep going and expect some sorta big move down when there is no fundamental or possibly even a technical reason why other than a stretch rsi or something of the sort
LOCK IN RE-ENTER
  • #1,188,329
  • Dec 3, 2020 5:43pm Dec 3, 2020 5:43pm
Anyone going long based on news like this? https://www.fxstreet.com/macroeconom...-indicator/nfp
Or you think it is priced in already?
  • #1,188,330
  • Edited 6:05pm Dec 3, 2020 5:53pm | Edited 6:05pm
Quoting OutThere
Anyone going long based on news like this? https://www.fxstreet.com/macroeconom...-indicator/nfp Or you think it is priced in already?
both numbers could be better than expected but doubt its truly indicative and market will probably move on it and ill possibly short it then take a nice longon it

EdIT: thought is the jobs that have been lost a lower paying jobs causing avg to possibly increase and with time employment numbers could be affected by those not looking of fallen out and possible seasonal jobs ...only time will tell of course just things to think about and consider
LOCK IN RE-ENTER
  • #1,188,331
  • Dec 3, 2020 6:27pm Dec 3, 2020 6:27pm
Quoting mistaouting
{quote} both numbers could be better than expected but doubt its truly indicative and market will probably move on it and ill possibly short it then take a nice longon it EdIT: thought is the jobs that have been lost a lower paying jobs causing avg to possibly increase and with time employment numbers could be affected by those not looking of fallen out and possible seasonal jobs ...only time will tell of course just things to think about and consider
I just don't see any reason to short EUR at the moment unless there some surprise somewhere.
  • #1,188,332
  • Dec 3, 2020 6:29pm Dec 3, 2020 6:29pm
Quoting Pipimintpati
buyers vs sellers Hey have you checked out QuantomPOC MT4 indicator with projections ? it looks really well made.
What is it? Can u pls post a link?
  • #1,188,333
  • Dec 3, 2020 8:14pm Dec 3, 2020 8:14pm
Quoting mistaouting
{quote} whats your sl
As soon as Dxy index touched 90.98 closed it so couple pips
  • #1,188,334
  • Dec 3, 2020 11:10pm Dec 3, 2020 11:10pm
Good morning. EU is still bullish and I expect it to advance above 2175 and head to 2200.

Support comes at 2125 and 2091.

Today is Friday NFP end of the week and the price is not moving smooth like, other days, so I watch out and stay out.

Have a great trading ahead.
Looking for profitable short term trades ...|
  • #1,188,335
  • Dec 3, 2020 11:38pm Dec 3, 2020 11:38pm
What we are witnessing is, over sold counter public again shorting hoping it will fall..
The smart money create a drop and mop up all short and freeze the system and trap them.. As long as 1.2095 not broken..the trend is not bearish...
We might see 1.2320
  • #1,188,336
  • Dec 3, 2020 11:44pm Dec 3, 2020 11:44pm
The best that market should do and I think it will do is heading to 1.2200-20 to later fall back to 1.21 first
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,188,337
  • Dec 4, 2020 12:43am Dec 4, 2020 12:43am
Are we going to 1.25?

I am a newbie intraday trader. I have a couple of buys that I am holding for days now which I entered with the 7-pip SL and thus I have a lot of x's by now, which is such a great thing

The question is what the price is expected to do next... When I look at any chart other than monthlies, I am seeing the completely uncharted territory which is very unusual because there are always other historic extemums showing up at those TFs. The only TF that has any point of reference is the monthlies which is 1.25.

1) What do you think about the long-term potential? As an inraday traders I exit the 50% of the entry at the TPx2 hit, and I leave the other 50% portion to keep on doing its thng with the SL at BE which is a risk-free trade, right?
2) Why is EUR/USD growing so much? It is greatlly growing a lot, but I am not sure that I understand the underlying causes of this.
  • #1,188,338
  • Dec 4, 2020 12:45am Dec 4, 2020 12:45am
Quoting Js3mwtRc
Good morning. EU is still bullish and I expect it to advance above 2175 and head to 2200. Support comes at 2125 and 2091. Today is Friday NFP end of the week and the price is not moving smooth like, other days, so I watch out and stay out. Have a great trading ahead.
I don't get why exactly you are staying out. The intraday action is really smooth, as you've said yourself, and I made around 12% this weeks thanks to it (with the risk exposure of 1%). So I am not sure why you are not taking deals. Are you an intraday trader?
  • #1,188,339
  • Dec 4, 2020 1:11am Dec 4, 2020 1:11am
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  • #1,188,340
  • Dec 4, 2020 1:40am Dec 4, 2020 1:40am
Quoting forex-lurve
{quote} I don't get why exactly you are staying out. The intraday action is really smooth, as you've said yourself, and I made around 12% this weeks thanks to it (with the risk exposure of 1%). So I am not sure why you are not taking deals. Are you an intraday trader?
Because today is Friday NFP, I write it on this post:

https://www.forexfactory.com/thread/...9#post13296289
Looking for profitable short term trades ...|
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