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  • #123,661
  • Jan 8, 2021 6:21am Jan 8, 2021 6:21am
feel like only spike+swing will be happen to day not a direction
  • #123,662
  • Jan 8, 2021 6:24am Jan 8, 2021 6:24am
IMO its a near term shorting area won't be entering any trades until after NFP
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Click to Enlarge Name: gbpus.jpg Size: 182 KB
  • #123,663
  • Jan 8, 2021 6:49am Jan 8, 2021 6:49am
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?
  • #123,664
  • Jan 8, 2021 6:54am Jan 8, 2021 6:54am
With an expected low NFP release, can we expect a bull spike from around 1.2255 to 1.2275?
  • #123,665
  • Jan 8, 2021 6:58am Jan 8, 2021 6:58am
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
Focus only on what truly matters!
  • #123,666
  • Jan 8, 2021 7:07am Jan 8, 2021 7:07am
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?
  • #123,667
  • Edited 7:36am Jan 8, 2021 7:17am | Edited 7:36am
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
Focus only on what truly matters!
  • #123,668
  • Jan 8, 2021 7:34am Jan 8, 2021 7:34am
Patiently waiting for H1 to close.
These are the levels I'm looking at and waiting for confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1 2.png Size: 66 KB
  • #123,669
  • Jan 8, 2021 7:36am Jan 8, 2021 7:36am
I can't understand why some traders trade only one asset.
Teerex
  • #123,670
  • Jan 8, 2021 7:39am Jan 8, 2021 7:39am
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!
  • #123,672
  • Jan 8, 2021 7:40am Jan 8, 2021 7:40am
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
  • #123,673
  • Jan 8, 2021 7:43am Jan 8, 2021 7:43am
Quoting Godisawoman
I can't understand why some traders trade only one asset.
The same reason why some musicians play only on one instrument...
  • #123,674
  • Jan 8, 2021 7:44am Jan 8, 2021 7:44am
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
  • #123,675
  • Jan 8, 2021 7:45am Jan 8, 2021 7:45am
nice bounces, long entry if price close above the trendline and 0.5 fibo
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Click to Enlarge Name: d1ec1f8969492c96c033f9ff9a9f25d9.png Size: 362 KB
  • #123,676
  • Jan 8, 2021 7:45am Jan 8, 2021 7:45am
Good bull, tp and sell limit loading
Risk comes from not knowing what to do
  • #123,677
  • Jan 8, 2021 7:48am Jan 8, 2021 7:48am
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...
  • #123,678
  • Jan 8, 2021 7:50am Jan 8, 2021 7:50am
Quoting Austyno
Good bull, tp and sell limit loading
love you to bring me a lot of profits .... with sixth sense <3
  • #123,679
  • Jan 8, 2021 7:51am Jan 8, 2021 7:51am
Nice reaction from the BUY zone.
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Click to Enlarge Name: EurUsd M15.png Size: 71 KB
Click to Enlarge Name: EurUsd M15 1.png Size: 77 KB
  • #123,680
  • Jan 8, 2021 7:52am Jan 8, 2021 7:52am
Quoting Godisawoman
I can't understand why some traders trade only one asset.
100% focus.. 100% energy.. minimum stress.. minimum distraction..

*There are no multiple eggs to put in different baskets.. There is only one big dinosaur egg to be taken care of..

Stay Green
Focus only on what truly matters!
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