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  • #121,161
  • Dec 4, 2020 2:57pm Dec 4, 2020 2:57pm
Curious thing that it should drop when all the pros are off and with low volumes.

It might even drop some more but this ain't significant for the trend.
Practitioner of the cryptic trading arts
  • #121,162
  • Dec 4, 2020 2:59pm Dec 4, 2020 2:59pm
Quoting Endoephemera
Curious thing that it should drop when all the pros are off and with low volumes. It might even drop some more but this ain't significant for the trend.
It will not drop.. 1.2110 area is strong support.. The tops still have to be taken out.. No ruısh for full selling! Next week probably!

Stay Green
Focus only on what truly matters!
  • #121,163
  • Dec 4, 2020 3:13pm Dec 4, 2020 3:13pm
and closing short for 45 pips.....
strong supports under the price ......though one medium strength breached ..... some early hints of bears but thats for next wk.......
aggregate for last 24 hrs 390 pips....
  • #121,164
  • Dec 4, 2020 3:30pm Dec 4, 2020 3:30pm
Quoting Ata-Turkoglu
{quote} It will not drop.. 1.2110 area is strong support.. The tops still have to be taken out.. No ruısh for full selling! Next week probably! Stay Green
I get the feeling next week could start with a retrace up towards 12200 but then a fall towards 12070-90 area
Insane in the Brain..
  • #121,165
  • Dec 4, 2020 3:34pm Dec 4, 2020 3:34pm
Quoting BeeTogether
{quote} I get the feeling next week could start with a retrace up towards 12200 but then a fall towards 12070-90 area
We will first see a bounce up for sure.. But will it trigger bull continuation or just a correction is yet to be discovered.. Next week will tell..

Stay Green
Focus only on what truly matters!
  • #121,166
  • Dec 4, 2020 4:17pm Dec 4, 2020 4:17pm
Logical target after 5x stretch from the mean is a mean reversion

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  • #121,167
  • Dec 4, 2020 10:44pm Dec 4, 2020 10:44pm
EU official: Problems in Brexit talks likely to get worse
  • #121,168
  • Dec 5, 2020 3:58am Dec 5, 2020 3:58am
Hi all. Hope you have a great week. Imo, head and shoulders should play the game, 2nd option for me is rise to 1.221/1.222 and we wre goong down to 19600. Only for me, based on fibo pivot but only for me. Have a great day
  • #121,169
  • Dec 5, 2020 4:27am Dec 5, 2020 4:27am
TA till your nose bleeds.
  • #121,170
  • Dec 5, 2020 7:44am Dec 5, 2020 7:44am
H1 Status Update

Since bears have the upper hand now my plan for Monday would be as follows:

  1. IF no H1 candle closes below 1.21125 I will try to sell 1.21475 area (Anticipating that bulls are limited with 1.2160 max.) (Scalper-longs would be an option here)
  2. IF any H1 candle do closes below 1.21125 I will rinse & repeat trading with my classic methodology: Selling the lowest (most current) Dashed-BLUE TL touch levels.. (Scalper-longs would be too risky.. Only the closer price gets to H4 Green line area: 1.2070 we could begin to think of buying for counter pa)

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 23 KB
Focus only on what truly matters!
  • #121,171
  • Dec 5, 2020 10:36am Dec 5, 2020 10:36am
[quote = Ata-Turkoglu; 13298657] Pembaruan Status H1 Karena beruang lebih unggul sekarang, rencana saya untuk hari Senin adalah sebagai berikut: JIKA tidak ada candle H1 yang ditutup di bawah 1,21125 Saya akan mencoba menjual area 1,21475 (Mengantisipasi bahwa kenaikan dibatasi dengan 1,2160 maks.) (Scalper-longs akan menjadi opsi di sini) JIKA candle H1 ditutup di bawah 1.21125 Saya akan membilas & mengulang trading dengan metodologi klasik saya: Menjual level sentuh Dashed-BLUE TL terendah (terkini) .. (Scalper- longs akan terlalu berisiko .. Hanya jika harga mendekati area garis H4 Green: 1,2070 kita bisa mulai berpikir untuk membeli untuk counter pa) Stay Green {image} [/ quote]

Agree Ata, my analysis on Graph H1: TA the downside impetus is starting to look strong on the basis: MACD indicator has gone below + Awesome also has red 3 bars below the line, at least this price decline could reach back at 1.2023. to 1.2041 .., There is a possibility that the price will go up to 1.2147 .. to fall back down
I see the current decline can not be said to be a trend reversal. The trend is still Bullish.

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  • #121,172
  • Dec 5, 2020 12:36pm Dec 5, 2020 12:36pm
this is my plan,
until the pa changes it,
i pray gods to be ready for whatever it bring

regards and good weekend
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Newbie trader
  • #121,173
  • Dec 5, 2020 2:17pm Dec 5, 2020 2:17pm
If you are bullish bias next week, you will make more pips. This is from the fundamental perspective. Thinking of the vaccine hopes, brexit deal and the dollar index chart indicates bearish. Just look for your buy entry. Thats all.
Good things comes in pairs...
  • #121,174
  • Dec 5, 2020 2:28pm Dec 5, 2020 2:28pm
1.21 is calling
Attached Image (click to enlarge)
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  • #121,175
  • Dec 5, 2020 2:32pm Dec 5, 2020 2:32pm
Also volume analisys show how bears are going strong: yesterday high was made with LOW volume, so quotes went down. Actual down leg has double prence of SELLERS....next short level over 1.21 is 1.2070 area
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  • #121,176
  • Dec 6, 2020 12:50am Dec 6, 2020 12:50am
This EURUSD rally may be for real.

the buy/sell retail ratio is nuts lately. If retail traders go MORE net short if/when it retraces up to it’s last week high, gtfo of a short trade unless you have appropriate risk management.

Brexit. Does not matter best news. Or expected news on bad side. GBPeur I’m not sure, but anything else eur or gbp pairs will see EUR and gbp strength. Just from uncertainty.

lots of deals on hold. Just need to know the final rules.

im hard long eurusd like a young man at his prom.

fight me
  • #121,177
  • Dec 6, 2020 1:10am Dec 6, 2020 1:10am
Quoting fex
this is my plan, until the pa changes it, i pray gods to be ready for whatever it bring regards and good weekend {image}
any instructions in the bottom left corner of the screen can you recommend me
  • #121,178
  • Dec 6, 2020 10:27am Dec 6, 2020 10:27am
Quoting andvk74
{quote} It's better off to stay away from the indicators. {image}
This is true....if you don't figure out how to use the pinpoint accurate information of said indicators. But then if you offhandedly just disregard the indicators you'll never figure it out what they might be good for.
Charts are limited in nature. What is the relative location?
  • #121,179
  • Dec 6, 2020 10:54am Dec 6, 2020 10:54am
Quoting namjpvnmoney
{quote} any instructions in the bottom left corner of the screen can you recommend me
pipware-minichart-v3.0 (by stratman)
also needed a font included...
pm if you dont find it

regards
Newbie trader
  • #121,180
  • Dec 6, 2020 11:00am Dec 6, 2020 11:00am
Quoting bmac
{quote} This is true....if you don't figure out how to use the pinpoint accurate information of said indicators. But then if you offhandedly just disregard the indicators you'll never figure it out what they might be good for.
IMO and not only, what ANY and ALL indicators do is just repeat what the price is doing. They will NEVER tell you what is coming next. ALL you need to know, the price is telling you. You just have to understand how to use the info.
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