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EURUSD only

  • #121,701
  • Dec 10, 2020 6:12am Dec 10, 2020 6:12am
+274 pips collected, 2 lots each, enjoying today
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  • #121,702
  • Dec 10, 2020 6:17am Dec 10, 2020 6:17am
Long 1.2108 sl 1.2090 tp 1.2185
  • #121,703
  • Dec 10, 2020 6:17am Dec 10, 2020 6:17am
I think cautiously close most shorts at 1.2105, but I will actually keep some and I hope it will continue further 50 pips down.
  • #121,704
  • Dec 10, 2020 6:18am Dec 10, 2020 6:18am
https://www.bloomberg.com/news/artic...&sref=3b7NZ3ju

The stimulus of C19 looks like it will be delayed in the usa. Will it hold back the rise in the euro value? It looks like yes ... let's see next. I am still in short position at 1.2132 .... greetings
  • #121,705
  • Dec 10, 2020 6:18am Dec 10, 2020 6:18am
Quoting Ata-Turkoglu
Opened new buy order: 1.2104.. stops must go a little below 1.2085.. Stay Green
Closed order again with lucky +7 pips.. we are below 1.2112 again! Choppy choppy choppy.. But bulls are still leading!

Stay Green
Focus only on what truly matters!
  • #121,706
  • Dec 10, 2020 6:18am Dec 10, 2020 6:18am
Quoting PatienceFx
+274 pips collected, 2 lots each, enjoying today {image}
Nice. Where were your trades for 274 pips? can you show on chart?
  • #121,707
  • Dec 10, 2020 6:19am Dec 10, 2020 6:19am
Sorry, I forgot to give you guys my entry for sells, I sold at 1.21329 targetting 1.20444. Sl above yesterday's high
Risk comes from not knowing what to do
  • #121,708
  • Dec 10, 2020 6:20am Dec 10, 2020 6:20am
Quoting Ata-Turkoglu
If I was a robber bank these would be the perfect times to dump and then pump Stay Green
You are very convinced of the up. Any doubt that it's the other way around; the robber banks have pumped and are about to dump instead?
Practitioner of the cryptic trading arts
  • #121,709
  • Dec 10, 2020 6:22am Dec 10, 2020 6:22am
Quoting Endoephemera
{quote} You are very convinced of the up. Any doubt that it's the other way around; the robber banks have pumped and are about to dump instead?
I shared a long ass daily chart analysis.. and a H1 chart analysis.. and some H4 chart analysis.. Tried to explain why I am bullish.. and yet here you are still wondering..

Let me sum up in one clue question: WHERE IS THE BULLISH WAVE 5?

Stay Green
Focus only on what truly matters!
  • #121,710
  • Dec 10, 2020 6:25am Dec 10, 2020 6:25am
The bullish idea is a bit risky but valid as long as price obeys the bottom of the descending channel as support then it can break up
Risk comes from not knowing what to do
  • #121,711
  • Dec 10, 2020 6:25am Dec 10, 2020 6:25am
price going up / momentum going down

it was easy to read this
Attached Image
  • #121,712
  • Dec 10, 2020 6:30am Dec 10, 2020 6:30am
daily supports are always formidable zones ...... salute............

megaphone price action ........ trade it ...........
H1 candle close would be very interesting and possibly directionally clued........
  • #121,713
  • Dec 10, 2020 6:33am Dec 10, 2020 6:33am
Quoting Ata-Turkoglu
{quote} I shared a long ass daily chart analysis.. and a H1 chart analysis.. and some H4 chart analysis.. Tried to explain why I am bullish.. and yet here you are still wondering.. Let me sum up in one clue question: WHERE IS THE BULLISH WAVE 5? Stay Green

Attachment g
There are IMHO, several wave count options, but in red, it may be that wave 5 has ended with a sub wave count wave 5 being extended. However, I agree the pattern in H1 and H4 is that of a solid channel that is usually of such a pattern that breaks upward. So for now, I am cautious on either direction until the channel breaks. If it breaks for up, i will observe for a double top. If it breaks for down I will see it go far i think

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  • #121,714
  • Dec 10, 2020 6:35am Dec 10, 2020 6:35am
Here was the wave pattern that did not attach

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  • #121,715
  • Dec 10, 2020 6:39am Dec 10, 2020 6:39am
Sharing H4 levels one more time.. I hope it helps

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #121,716
  • Dec 10, 2020 6:43am Dec 10, 2020 6:43am
Quoting modsky
{quote} 3809588 There are IMHO, several wave count options, but in red, it may be that wave 5 has ended with a sub wave count wave 5 being extended. However, I agree the pattern in H1 and H4 is that of a solid channel that is usually of such a pattern that breaks upward. So for now, I am cautious on either direction until the channel breaks. If it breaks for up, i will observe for a double top. If it breaks for down I will see it go far i think {image}
I am talking about an inner wave 5 that probably will complete a larger wave 3 (or a wave C).. This is not the real wave 5 that probably will come much much later.. Look again at my daily chart where I explained my view again and again.. (and to remember: I never claim I am perfect in wave theory.. just my hobby which can have flaws but I know I am not totally wrong and I believe I am making a valid point!)

Anyway.. let's see if bulls can smash 1.2138..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-Status-Update.png Size: 36 KB
Focus only on what truly matters!
  • #121,717
  • Dec 10, 2020 6:44am Dec 10, 2020 6:44am
In the spirit of "posting about fundamentals and politics as long as it is related to EURUSD".... Lagarde's words were that ECB will monitor exchange rate "very carefully".....does this mean they are worried about EUR strength?
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  • #121,718
  • Dec 10, 2020 6:50am Dec 10, 2020 6:50am
It's now or never.. come on bulls.. push... pushh.. pushhhhh!!!! (baby screams and doctor shouts: it's a boy it's a boy... )

Stay Green
Focus only on what truly matters!
  • #121,719
  • Dec 10, 2020 6:51am Dec 10, 2020 6:51am
Quoting Jan-R
In the spirit of "posting about fundamentals and politics as long as it is related to EURUSD".... Lagarde's words were that ECB will monitor exchange rate "very carefully".....does this mean they are worried about EUR strength? {image}
I think she was sending signals to her banker to start buying EURO "carefully" Just kidding..

Next resistant target area: 1.2155

Stay Green
Focus only on what truly matters!
  • #121,720
  • Dec 10, 2020 6:52am Dec 10, 2020 6:52am
Quoting Ata-Turkoglu
{quote} I am talking about an inner wave 5 that probably will complete a larger wave 3 (or a wave C).. This is not the real wave 5 that probably will come much much later.. Look again at my daily chart where I explained my view again and again.. (and to remember: I never claim I am perfect in wave theory.. just my hobby which can have flaws but I know I am not totally wrong and I believe I am making a valid point!) Anyway.. let's see if bulls can smash 1.2138.. Stay Green {image}
Yes, i looked at that as well and i do agree with that option. I do also find wave count fascinating BUT there are always too many options/patterns. BUT overall, one can use it as a guide. When i look at the waves i try to see as many alternatives as possible and not get swayed one way or the other....just it is information of possibles.

The channel we are now breaking is the best support for your wait for a wave 5. Other patterns i have say that had to happen as well and i have target up there for trades. just stay cautious, as i see you do always.

I appreciate how open you are on all your trades and thoughts as making the trades. Refreshing!
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