Attachments: EURUSD

EURUSD

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#1,189,341
Jan 7, 2021 9:11am Jan 7, 2021 9:11am

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

Longed now at 1.22 58 SL= 43 Risky...

#1,189,342
Jan 7, 2021 9:17am Jan 7, 2021 9:17am

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

Shorted now $JY at 103.89 .........

#1,189,343
Jan 7, 2021 10:40am Jan 7, 2021 10:40am

NrSLionHeart
Joined Jul 2019 | Status: Trader | 764 Posts

Seems that the pair is going to go up

As you can see we are below trendline and we have to revert back to it. The bulls have been massacred so it is time to shake the bears

.

Probably the price will hit the upper yellow trend line

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#1,189,344
Jan 7, 2021 11:08am Jan 7, 2021 11:08am

Leesi
| Joined Nov 2017 | Status: Trader | 951 Posts

Quoting SingaRich

Disliked

{quote} Order flow determines price you say? Well how does that work when we are trading in a decenterized market where most of the posted volume is actually fake?

Ignored

There is nothing called fake i suppose.. Algo doing cross ttades watching public position.. In that cross trades order flow is created artificially i suppose... Whether order is entered in to the system is my human or robots who cares?
The real looting happening at that point...
We are blind,,and robbing banks can see our position..

#1,189,345
Jan 7, 2021 1:05pm Jan 7, 2021 1:05pm

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

Quoting Leesi

Disliked

{quote} There is nothing called fake i suppose.. Algo doing cross ttades watching public position.. In that cross trades order flow is created artificially i suppose... Whether order is entered in to the system is my human or robots who cares? The real looting happening at that point... We are blind,,and robbing banks can see our position..

Ignored

Man hi.
Does it really matter if Banks can see our positions...??? If you are buying on a LOW , or if you are selling at a CREST..... does it matter ????

#1,189,346
Jan 7, 2021 1:50pm Jan 7, 2021 1:50pm

Techanalyst
| Membership Revoked | Joined Jul 2020 | 7,294 Posts

Quoting Leesi

Disliked

{quote} There is nothing called fake i suppose.. Algo doing cross ttades watching public position.. In that cross trades order flow is created artificially i suppose... Whether order is entered in to the system is my human or robots who cares? The real looting happening at that point... We are blind,,and robbing banks can see our position..

Ignored

Forex trading is decentralized, OTC trading. There is no single place to look at to see the actual volume of a currency pair. That's why it's often said that the volume provided by your broker is useless. Institutional Forex trading volume, the volume that matters and moves the markets.

The Forex market is a decentralized market, which means that there is no formula for volume or method of keeping track of the number of contract and contract sizes, such as in the stock market. The Forex market measures volume by counting the tick movements.

Also Bank and institution traders do not care about us retail traders. They do not hunt our stop losses or anything like that. It is brokers that do that, not the banks and institutions. We are not even on institution radars. They have nothing to gain from us. Trade safe.

#1,189,347
Jan 7, 2021 7:54pm Jan 7, 2021 7:54pm

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

Stoped at 1.22 43.....but ... I am not sure it will continue down. Looks like a bear trap to me . It has certainly broken

a trendline , BUT if there is no continuation it means I should go long again. Watching it fttb...

I have no SL on $JY shorts yet.

#1,189,348
Jan 7, 2021 8:06pm Jan 7, 2021 8:06pm

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

https://www.fxcm.news/au/2021/01/08/...own-confirmed/

#1,189,349
Jan 7, 2021 8:28pm Jan 7, 2021 8:28pm

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

https://www.fxcm.news/au/2021/01/08/...-usd-strength/

#1,189,350
Jan 7, 2021 8:29pm Jan 7, 2021 8:29pm

F.g
Joined Aug 2016 | Status: Trader | 10,380 Posts

I longed now at 1.22 48 with SL at 33

#1,189,351
Jan 7, 2021 9:32pm Jan 7, 2021 9:32pm

Arturke
| Joined Dec 2011 | Status: Trader | 554 Posts

Pompeo, Mnuchin, Cabinet secretaries discussed 25th Amendment with staff, sources say

Removing Trump from the presidency will have a positive impact on EURUSD currency. Imho should regain strength until us unemployment rate %.

#1,189,352
Jan 7, 2021 11:14pm Jan 7, 2021 11:14pm

MTF Test
Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,834 Posts

EU Intraday Possibilities'

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Fools Rushing

#1,189,353
Jan 7, 2021 11:42pm Jan 7, 2021 11:42pm

KareemAliFx
Joined Oct 2019 | Status: Trader | 2,448 Posts

Quoting mistaouting

Disliked

{quote} But isn't lowering rates also a way to spur inflation? More spending less saving

Ignored

Yes lowering rates is the idea but they don’t seem to look for negative rates at the moment probably because they do expect a economic rebound in Q2 we will have to wait and see how this vaccine distribution goes

Master your mind. Master Trading.

#1,189,354
Jan 8, 2021 12:04am Jan 8, 2021 12:04am

udithag
| Commercial User | Joined Oct 2011 | 480 Posts

EUR/USD turning point on 1H chart which will occur on 2021.01.08
15 min time frame included

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#1,189,355
Jan 8, 2021 12:39am Jan 8, 2021 12:39am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts

Good morning. EU is surviving yet, holding above 2241 yesterdays support on Weekly timeframe althought it is broken and now the trend turned from up in consolidation between 2191 and 2348 on my screen. In the daily timeframe resistance comes at 2296/2331 and support at 2227 and 2191.

NFP is the risk today and the drama with White House and Trump. I hope it ends quick before the inaguration day of Biden.

I'll wait for a good retrace up after the results of the jobs report and consider my first selling position for the new year 2021.

Have a great trading day ahead.

Looking for profitable short term trades ...|

#1,189,356
Jan 8, 2021 1:49am Jan 8, 2021 1:49am

fxelliotwave
| Joined Dec 2020 | Status: Trader | 27 Posts

EURUSD, Four-hour time frame
Ascending Broadening Wedge Pattern
Upward Price Movement Indicated
#fx #forex #euro #usd #fxsuit #forexsignals #forextrader #Forex_Signals #forexforecast #forexstrategy #forexmarket #forexlifestyle #forexmoney #forexlife #forextrading #forexstrategy

Follow for latest trade ideas; https://www.instagram.com/elliotfxwave/
https://twitter.com/james43416802

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