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Trading EURUSD only 43,687 replies

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EURUSD only

Quoting cgs-trading
{quote} Why?
Last H4 candle on my chart signals a pull back to the down side, and to filter a false signal, my sell stop order is below the wick of the h4.
Good things comes in pairs...
feel like only spike+swing will be happen to day not a direction
IMO its a near term shorting area won't be entering any trades until after NFP
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How important is today's relationship between the NFP consensus and the NFP release? Since the consensus at 71K is already low, would a release at 100K for example still affect badly the DXY and result in a weakening of the dollar despite beating the consensus estimate?
With an expected low NFP release, can we expect a bull spike from around 1.2255 to 1.2275?
Whatever you decide to do make sure to put your SL a little above 1.2288 against any potential spikes.. If you already did, then there is nothing else to do than simply sitting and waiting.. Enjoy a coffee or somethin'

Stay Green
Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 3.8%
Quoting Ata-Turkoglu
Whatever you decide to do make sure to put your SL a little above 1.2288 against any potential spikes.. If you already did, then there is nothing else to do than simply sitting and waiting.. Enjoy a coffee or somethin' Stay Green
How far down do you expect this thing to drop?
Quoting andvk74
How far down do you expect this thing to drop?
I already stated it multiple times on my daily chart analysis.. I expect a big wave 4 down if the rising wedge breakout is valid.. My ultimate bear target would be a level that gets close to the high of the daily candle from 9th November of 2020: 1.1920.. It should not violate this level though since that is the high of the main wave 1.. So in other words I have a target zone between 1.1921 to 1.1951..

But for today I think bears are limited with 1.2195 area.. We must go step by step..

Stay Green
Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 3.8%
Patiently waiting for H1 to close.
These are the levels I'm looking at and waiting for confirmation.
Attached Image (click to enlarge)
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I can't understand why some traders trade only one asset.
Teerex
Quoting Godisawoman
I can't understand why some traders trade only one asset.
It's maybe because they want to be SOMEBODY in something , rather than NOBODY in everything!
Quoting andvk74
{quote} It's maybe because they want to be SOMEBODY in something , rather than NOBODY in everything!
Perfect answer
Risk comes from not knowing what to do
Quoting Godisawoman
I can't understand why some traders trade only one asset.
The same reason why some musicians play only on one instrument...
Quoting andvk74
{quote} It's maybe because they want to be SOMEBODY in something , rather than NOBODY in everything!
I get that... But that's like a doctor focusing on your migraine only and ignoring the rest of your body... The root cause may not even be in the head
Teerex
nice bounces, long entry if price close above the trendline and 0.5 fibo
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Good bull, tp and sell limit loading
Risk comes from not knowing what to do
Quoting Godisawoman
I can't understand why some traders trade only one asset.
The aim is to make profit and not to be trading the whole market with messy results, not even when we are yet to solve the ups and downs of a single pair. I can't imagine jumping from one chart to the other, thats gonna be hell of a work.
Good things comes in pairs...
Quoting Austyno
Good bull, tp and sell limit loading
love you to bring me a lot of profits .... with sixth sense <3
Nice reaction from the BUY zone.
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