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  • Post #123,201
  • Quote
  • Jan 2, 2021 2:35am Jan 2, 2021 2:35am
  •  Pollen
  • Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
Something to consider. Will this trendline break or hold?
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TMT Scalping System (Best system on FF)
 
 
  • Post #123,202
  • Quote
  • Jan 2, 2021 10:07am Jan 2, 2021 10:07am
  •  Blackopal
  • Joined Jan 2016 | Status: Member | 1,788 Posts
Quoting Pollen
Disliked
Something to consider. Will this trendline break or hold? {image}
Ignored
An interesting test. It closed All timeframes below it.
 
 
  • Post #123,203
  • Quote
  • Jan 3, 2021 3:55am Jan 3, 2021 3:55am
  •  udithag
  • | Commercial Member | Joined Oct 2011 | 480 Posts
EUR/USD turning point on Daily chart which occurred most probably on 2020.12.30 (Wednesday)
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http://fxturningpoints.com/index.php...-30-wednesday/
 
 
  • Post #123,204
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  • Jan 3, 2021 6:00am Jan 3, 2021 6:00am
  •  LucasT
  • | Joined Jun 2015 | Status: Member | 406 Posts
Happy new year guys. New year new target. Hope everyone will be able to achieve what you want for the year.
Fundamental provide Volume, Technical shows Direction
 
2
  • Post #123,205
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  • Jan 3, 2021 6:26am Jan 3, 2021 6:26am
  •  chrissfx
  • | Joined Dec 2011 | Status: Member | 352 Posts
Hello @ all,

some websites showing nice eur/usd price around 1,21. This will be an interesting opening soon...

Regards

Chriss
 
 
  • Post #123,206
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  • Jan 3, 2021 10:45am Jan 3, 2021 10:45am
  •  Beyfor
  • | Commercial Member | Joined Dec 2012 | 821 Posts
Where Next?

I would love to have your comments.

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  • Post #123,207
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  • Jan 3, 2021 11:11am Jan 3, 2021 11:11am
  •  albatros007
  • | Joined Jan 2021 | Status: Junior Member | 1 Post
Hello
He would have one question. Do you know which brokers will after 31.3. still offer large levers to small investors?
 
 
  • Post #123,208
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  • Jan 3, 2021 11:34am Jan 3, 2021 11:34am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 1,981 Posts
This is an UPDATE of the chart I posted a while back.
This is my HTF view.
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  • Post #123,209
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  • Jan 3, 2021 2:23pm Jan 3, 2021 2:23pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 284 Posts
Long term uptrend...short term downtrend with a possible hit of the 1.213 level if it continues...be ready for a pull back longterm chart or short term continuation.
Make it as perfect as you can....
 
 
  • Post #123,210
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  • Jan 3, 2021 2:40pm Jan 3, 2021 2:40pm
  •  MnrComposite
  • Joined Nov 2020 | Status: Member | 68 Posts
The opening will be interesting.

If 1.2231 is broken before 1.21995, will be looking to establish a long position below 1.2260, targeting 1.2300 as long as 1.21995 isn't breached.

Should 1.21995 be breached, I will be watching for consolidation below the 200 MA to re-establish a long position.

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Viewing the market through f(x)
 
 
  • Post #123,211
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  • Jan 3, 2021 2:54pm Jan 3, 2021 2:54pm
  •  Nvrmd
  • | Joined May 2019 | Status: Member | 85 Posts
Quoting albatros007
Disliked
Hello He would have one question. Do you know which brokers will after 31.3. still offer large levers to small investors?
Ignored
I am a long term user of icmarkets, which is an australian broker and I am quite happy with them. To get around the asic regulations they now offer a global version called icmarkets global which is regulated in seychelles and everything will stay the same like leverage.
 
 
  • Post #123,212
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  • Jan 3, 2021 3:23pm Jan 3, 2021 3:23pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,902 Posts | Online Now
Interesting size gap now.. however I still sense a drop below 12200 possibly towards 12120 before a huge climb up
 
 
  • Post #123,213
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  • Jan 3, 2021 4:22pm Jan 3, 2021 4:22pm
  •  Starcraftmaz
  • Joined Mar 2012 | Status: Member | 1,835 Posts | Online Now
1.224 open, never trust weekend mid market prices.
 
3
  • Post #123,214
  • Quote
  • Jan 3, 2021 5:16pm Jan 3, 2021 5:16pm
  •  RyuChym
  • | Joined Dec 2020 | Status: Member | 17 Posts
Quoting Starcraftmaz
Disliked
1.224 open, never trust weekend mid market prices.
Ignored
You are correct. How do you know the price exactly while other are incorrect?
 
 
  • Post #123,215
  • Quote
  • Jan 3, 2021 5:30pm Jan 3, 2021 5:30pm
  •  Starcraftmaz
  • Joined Mar 2012 | Status: Member | 1,835 Posts | Online Now
Quoting RyuChym
Disliked
{quote} You are correct. How do you know the price exactly while other are incorrect?
Ignored
I didn't know until it opened, but if you mean at the time of my post, trading was already open with my broker for 7 minutes.
 
 
  • Post #123,216
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  • Jan 3, 2021 5:33pm Jan 3, 2021 5:33pm
  •  RyuChym
  • | Joined Dec 2020 | Status: Member | 17 Posts
Quoting Starcraftmaz
Disliked
{quote} I didn't know until it opened, but if you mean at the time of my post, trading was already open with my broker for 7 minutes.
Ignored
I see. At the time I saw your post, my broker still didn't open. Thank to you I keep my position and earn some pips. Thanks!
 
 
  • Post #123,217
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  • Jan 3, 2021 6:58pm Jan 3, 2021 6:58pm
  •  ursinho4711
  • Joined Nov 2019 | Status: Member | 1,121 Posts
My personal forecast for today: if we stay inside the trend channel 1.23180 should be today's high.
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  • Post #123,218
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  • Jan 3, 2021 7:47pm Jan 3, 2021 7:47pm
  •  MnrComposite
  • Joined Nov 2020 | Status: Member | 68 Posts
Quoting MnrComposite
Disliked
The opening will be interesting. If 1.2231 is broken before 1.21995, will be looking to establish a long position below 1.2260, targeting 1.2300 as long as 1.21995 isn't breached. Should 1.21995 be breached, I will be watching for consolidation below the 200 MA to re-establish a long position. {image}
Ignored
Looks like a strong open so am expecting the bounce to continue over the London session. As a result, I have established a long position around 1.22424, targeting 1.22997. Will be looking to exit if the price dips to 1.21995.

Should this occur, will watch for consolidation around 1.2180.

Attached Image (click to enlarge)
Click to Enlarge

Name: Screen Shot 2021-01-03 at 6.42.47 PM.png
Size: 281 KB

Based on the drawdown since the 12/31/20 19:00:00 candle, the data suggests we have a roughly 80% probability of hitting 1.22997 before 1.21995. That feels high, and likely isn't a truly accurate estimate of the mean but is a good approximation. Regardless though, current R:R of 1:1.5 with an approximate 80% hit probability should === $.

We will see though!
Viewing the market through f(x)
 
1
  • Post #123,219
  • Quote
  • Jan 3, 2021 11:58pm Jan 3, 2021 11:58pm
  •  Starcraftmaz
  • Joined Mar 2012 | Status: Member | 1,835 Posts | Online Now
Wasn't someone saying last 10 years or something e/u always drops at the start of the new year?

A quick spike up to 1.23 and then down sure seems like a profitable bet.

If only it was that easy!
 
2
  • Post #123,220
  • Quote
  • Jan 4, 2021 12:18am Jan 4, 2021 12:18am
  •  peyman
  • | Joined Nov 2008 | Status: Member | 969 Posts
Hello
Gap up or Gap down?!!!
some brokers show gap down some up according to
last price fir 2020
 
 
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