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EURUSD

  • #1,189,121
  • Edited 11:13am Dec 28, 2020 10:58am | Edited 11:13am
Quoting Js3mwtRc
EU trend in sidelines trying to beat 2220, resistance above at 2255/72. Support comes at 2170/50. Nothing on the calendar, the market is getting help from the news that Trump has signed the covid relief bill. Have a great trading week ahead.
EU didn't make it above 2220 for too long today, but found enough support above previous levels (2255/72) at 2190 to retrace a big portion.

I don't think it is going to break to the upside yet, but also I don't see it getting out of its range soon. Bears are selling anything moves near the top and the bulls keep buying dips after they smell profit taking, fast.

I see the most potential for a big move to the upside and I still favor bullish positions until 2300/2335. Reason everything looks good from brexit and covid-19 vaccinations to covid relief bill pass.

What can break EU. Profit taking for reloading in the new year from the lows above 1.2000 first.
Looking for profitable short term trades ...|
  • #1,189,122
  • Dec 28, 2020 10:58am Dec 28, 2020 10:58am
Quoting F.g
{quote} Man, I am studying your predictions with great interest . Thanks for sharing
Thanks. I want to develop a method to find whether it is going to be a top or bottom rather than telling just a turning point.
  • #1,189,123
  • Dec 28, 2020 11:00am Dec 28, 2020 11:00am
Quoting PatienceFx
{quote} what iis the indicator used and settings
Bollinger bands
And moving average
PaRaM
  • #1,189,124
  • Dec 28, 2020 11:02am Dec 28, 2020 11:02am
Quoting udithag
Another EUR/USD turning point on 1H chart which will occur on 2020.12.28 Included the turning point in 15 min time frame with EST time {image}
NOW= 12:02 EAST . I am also looking what will happen in $JY , too
  • #1,189,125
  • Dec 28, 2020 11:04am Dec 28, 2020 11:04am
Quoting udithag
{quote} Thanks. I want to develop a method to find whether it is going to be a top or bottom rather than telling just a turning point.
Hi pal, I'm also interested in your research on how it works.

  • #1,189,126
  • Dec 28, 2020 11:12am Dec 28, 2020 11:12am
Quoting F.g
{quote} NOW= 12:02 EAST . I am also looking what will happen in $JY , too
Most of the pairs, most of the time, turn at the same time
  • #1,189,127
  • Dec 28, 2020 11:18am Dec 28, 2020 11:18am
Quoting udithag
{quote} Thanks. I want to develop a method to find whether it is going to be a top or bottom rather than telling just a turning point.
For that you may have not to decide only a shift in the price, but and a continuation of the trend from that spot, or you will not be able to trade all the moves in the market and become a range trader, something that can be done simple taking the recent highs and lows into account.
Looking for profitable short term trades ...|
  • #1,189,128
  • Dec 28, 2020 4:13pm Dec 28, 2020 4:13pm
Quoting udithag
{quote} Thanks. I want to develop a method to find whether it is going to be a top or bottom rather than telling just a turning point.
Well if your calling it a turning I would assume opposite of current direction
LOCK IN RE-ENTER
  • #1,189,129
  • Dec 28, 2020 4:15pm Dec 28, 2020 4:15pm
Quoting pgidia
{quote} Bollinger bands And moving average
In other words...mean reversion
LOCK IN RE-ENTER
  • #1,189,130
  • Dec 28, 2020 4:17pm Dec 28, 2020 4:17pm
Quoting udithag
{quote} Most of the pairs, most of the time, turn at the same time
Especially or obviously if they share a common currency in the pair like everything against the usd if it's a matter of usd strength...
LOCK IN RE-ENTER
  • #1,189,131
  • Dec 28, 2020 11:37pm Dec 28, 2020 11:37pm
EUR/USD turning point on 1H chart which will occur on 2020.12.29
Here is a possible turning point in hourly chart. I have included the turning point in EST time in 15 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_2020.12.29.PNG Size: 49 KB
  • #1,189,132
  • Edited 1:34am Dec 29, 2020 12:24am | Edited 1:34am
Good day. EU is trying to overcome yesterdays top still in consolidation, resistance above 2250 is still at 2272. From the other support comes at 2200 and 2175.

I am a buyer from 2216 looking for 2250 first. edit: this is on a free ride now

Have a great trading day, thanks for following me!
Looking for profitable short term trades ...|
  • #1,189,133
  • Dec 29, 2020 1:40am Dec 29, 2020 1:40am
ata sir gave me his trend predicting indicator 75 years ago

and he said if people do not believe you then just say it was 7.5 years ago , covid ate the (.)
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 39 KB
  • #1,189,134
  • Dec 29, 2020 1:58am Dec 29, 2020 1:58am
Quoting PatienceFx
ata sir gave me his trend predicting indicator 75 years ago and he said if people do not believe you then just say it was 7.5 years ago , covid ate the (.) {image}
I saw this was selling for penies
Looking for profitable short term trades ...|
  • #1,189,135
  • Dec 29, 2020 2:16am Dec 29, 2020 2:16am
Quoting PatienceFx
ata sir gave me his trend predicting indicator 75 years ago and he said if people do not believe you then just say it was 7.5 years ago , covid ate the (.) {image}
Not sure, is it buying or selling
Live long and prosper
  • #1,189,136
  • Dec 29, 2020 5:06am Dec 29, 2020 5:06am
Quoting Js3mwtRc
{quote} I saw this was selling for penis
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 27 KB
  • #1,189,137
  • Dec 29, 2020 5:15am Dec 29, 2020 5:15am
Quoting PatienceFx
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20201229-164336_MetaTrader 4.jpg Size: 577 KB
  • #1,189,138
  • Dec 29, 2020 5:21am Dec 29, 2020 5:21am
EURUSD will reach 1.25 area.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDdaily.png Size: 50 KB
  • #1,189,139
  • Dec 29, 2020 5:57am Dec 29, 2020 5:57am
Quoting PatienceFx
{quote} {image}
I watch this, it can blow up to 2275.
Looking for profitable short term trades ...|
  • #1,189,140
  • Dec 29, 2020 7:19am Dec 29, 2020 7:19am
I like to see the dollar strengthen but I all so like this...
Attached Image (click to enlarge)
Click to Enlarge Name: 6b550cebeb95baa20f4f269d9cd65992.png Size: 135 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
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