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  • #123,201
  • Jan 2, 2021 9:07am Jan 2, 2021 9:07am
Quoting Pollen
Something to consider. Will this trendline break or hold? {image}
An interesting test. It closed All timeframes below it.
  • #123,202
  • Jan 3, 2021 2:55am Jan 3, 2021 2:55am
EUR/USD turning point on Daily chart which occurred most probably on 2020.12.30 (Wednesday)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_2021.01.03.png Size: 33 KB

http://fxturningpoints.com/index.php...-30-wednesday/
  • #123,203
  • Jan 3, 2021 5:00am Jan 3, 2021 5:00am
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
  • #123,204
  • Jan 3, 2021 5:26am Jan 3, 2021 5:26am
Hello @ all,

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

Regards

Chriss
  • #123,205
  • Jan 3, 2021 9:45am Jan 3, 2021 9:45am
Where Next?

I would love to have your comments.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd daily 78.jpg Size: 278 KB
  • #123,206
  • Jan 3, 2021 10:11am Jan 3, 2021 10:11am
Hello
He would have one question. Do you know which brokers will after 31.3. still offer large levers to small investors?
  • #123,207
  • Jan 3, 2021 10:34am Jan 3, 2021 10:34am
This is an UPDATE of the chart I posted a while back.
This is my HTF view.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EurUsd MN.png Size: 56 KB
Click to Enlarge Name: EurUsd MN 1.png Size: 68 KB
  • #123,208
  • Jan 3, 2021 1:23pm Jan 3, 2021 1:23pm
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....
  • #123,209
  • Jan 3, 2021 1:40pm Jan 3, 2021 1:40pm
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.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2021-01-03 at 1.37.38 PM.png Size: 365 KB
Viewing the market through f(x)
  • #123,210
  • Jan 3, 2021 1:54pm Jan 3, 2021 1:54pm
Quoting albatros007
Hello He would have one question. Do you know which brokers will after 31.3. still offer large levers to small investors?
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.
  • #123,211
  • Jan 3, 2021 2:23pm Jan 3, 2021 2:23pm
Interesting size gap now.. however I still sense a drop below 12200 possibly towards 12120 before a huge climb up
Insane in the Brain..
  • #123,212
  • Jan 3, 2021 3:22pm Jan 3, 2021 3:22pm
1.224 open, never trust weekend mid market prices.
  • #123,213
  • Jan 3, 2021 4:16pm Jan 3, 2021 4:16pm
Quoting Starcraftmaz
1.224 open, never trust weekend mid market prices.
You are correct. How do you know the price exactly while other are incorrect?
  • #123,214
  • Jan 3, 2021 4:30pm Jan 3, 2021 4:30pm
Quoting RyuChym
{quote} You are correct. How do you know the price exactly while other are incorrect?
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.
  • #123,215
  • Jan 3, 2021 4:33pm Jan 3, 2021 4:33pm
Quoting Starcraftmaz
{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.
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!
  • #123,216
  • Jan 3, 2021 5:58pm Jan 3, 2021 5:58pm
My personal forecast for today: if we stay inside the trend channel 1.23180 should be today's high.
Attached Image
  • #123,217
  • Jan 3, 2021 6:47pm Jan 3, 2021 6:47pm
Quoting MnrComposite
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}
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)
  • #123,218
  • Jan 3, 2021 10:58pm Jan 3, 2021 10:58pm
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!
  • #123,219
  • Jan 3, 2021 11:18pm Jan 3, 2021 11:18pm
Hello
Gap up or Gap down?!!!
some brokers show gap down some up according to
last price fir 2020
  • #123,220
  • Jan 4, 2021 12:19am Jan 4, 2021 12:19am
Good morning @ all,

price in the middle... I will wait for London open and if we can see a trendline retest @ 1,222x

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210104_071231.jpg Size: 294 KB


Regards

Chriss
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