Attachments: EURUSD only

EURUSD only

#124,881
Edited 5:10am Jan 25, 2021 4:28am | Edited 5:10am

mysterio
Joined Sep 2009 | Status: Trader | 6,009 Posts

Any bull true believers can take comfort in the bear flag on DXY on 1h tf, still within its bounds.. I personally won't take any longs til 2118 depending how it looks. There is good support down there along with the bottom of a 4h ascending channel. Looks like indices are all down with talk of more lockdowns in Europe etc but there will likely be some dip buying. 90.05-90.1 is strong support on DXY and is the area to take out for Euro bulls

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#124,882
Edited 5:18am Jan 25, 2021 4:33am | Edited 5:18am

four.owls
| Joined May 2014 | Status: Trader | 226 Posts

Quoting Austyno

Disliked

For those that took the entries I gave last week, it's time for reward, brace yourselves and enjoy the ride to 1.20000

Ignored

Uh huh..I am not sure about that...may make people lose money..IT bounced quite quickly and would have trapped people shorting!

#124,883
Jan 25, 2021 4:45am Jan 25, 2021 4:45am

testjafar
| Joined May 2017 | Status: Trader | 4 Posts

H4 . support on 1.21445

need to close above it

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#124,884
Jan 25, 2021 5:33am Jan 25, 2021 5:33am

7154Superman
Joined Dec 2020 | Status: Trader | 1,210 Posts

Quoting four.owls

Disliked

{quote} Uh huh..I am not sure about that...may make people lose money..IT bounced quite quickly and would have trapped people shorting!

Ignored

That's why you want to sell as high as you can, then hang on and ride!!

You cannot fail if you never give up.

#124,885
Jan 25, 2021 5:48am Jan 25, 2021 5:48am

four.owls
| Joined May 2014 | Status: Trader | 226 Posts

Quoting 7154Superman

Disliked

{quote} That's why you want to sell as high as you can, then hang on and ride!!

Ignored

Oh yes, I am aware, but I mean people on the forums who take advice and jump in based on these strong definite statements....If I were Austyno, I would say something like, "I am quite sure we will go down to 1.20000 mark, but make sure you enter on a PB or at xxx level so you don't lose"....Also telling people to sell high is only good in retrospect....no wonder many pros advice being careful of reading trading forums, 90% of them are just opinion and wrong....

#124,886
Jan 25, 2021 5:48am Jan 25, 2021 5:48am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,014 Posts

Bears gone to sleep after a good start

Insane in the Brain..

#124,887
Jan 25, 2021 5:52am Jan 25, 2021 5:52am

NewbieTrad3r
| Joined Jan 2021 | Status: Trader | 23 Posts

Come on bears! Lets get the fishes!

#124,888
Jan 25, 2021 5:59am Jan 25, 2021 5:59am

Leodavinci
| Joined Dec 2018 | Status: Trader | 251 Posts

Sell 1.2160 sl 1.2175 tp 1.2133
Buy limit 1.2133 sl 1.2120 tp 1.2250

#124,889
Jan 25, 2021 6:08am Jan 25, 2021 6:08am

Austyno
Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts | Online Now

Quoting four.owls

Disliked

{quote} Oh yes, I am aware, but I mean people on the forums who take advice and jump in based on these strong definite statements....If I were Austyno, I would say something like, "I am quite sure we will go down to 1.20000 mark, but make sure you enter on a PB or at xxx level so you don't lose"....Also telling people to sell high is only good in retrospect....no wonder many pros advice being careful of reading trading forums, 90% of them are just opinion and wrong....

Ignored

P.S I never said we will reach 1.20000 today, I said the journey to 1.2000 has begun... I have been giving entry signal since last week to get positioned... If u noticed, I didn't mention an entry today because I was assuming you took the entry I gave last week. I was only pointing out my target for the week as I won't be opening any other positions this week again.

Risk comes from not knowing what to do

#124,890
Jan 25, 2021 6:08am Jan 25, 2021 6:08am

udithag
| Commercial User | Joined Oct 2011 | 480 Posts

Hello friends, actually what I am posting are tops and bottoms in 1h chart. Actually the turning point can occur on 1 bar before or after the exact bar. So there are 3 1hour bars to have a look at. Every 1h bar contains 4, 15 minute bars. So we have to be in alert for 12, 15 minute bars to catch the trend change. 15 minute chart gives the trend change early before it indicates the trend change in 1 hour chart. Thats why I predict and give 15 minute bar to catch the trend change as early as possible.

#124,891
Jan 25, 2021 6:16am Jan 25, 2021 6:16am

four.owls
| Joined May 2014 | Status: Trader | 226 Posts

Quoting Austyno

Disliked

{quote} P.S I never said we will reach 1.20000 today, I said the journey to 1.2000 has begun... I have been giving entry signal since last week to get positioned... If u noticed, I didn't mention an entry today because I was assuming you took the entry I gave last week. I was only pointing out my target for the week as I won't be opening any other positions this week again.

Ignored

I just meant those who are new, or are desperate for hope can read into these statements, just hoping to get some profit or break their losing streak (I have been there!!!) Anyway, never mind, at the end of the day, the market tells us where it is going anyway!

#124,892
Jan 25, 2021 6:41am Jan 25, 2021 6:41am

mrAjeeb
| Joined Jan 2021 | Status: Trader | 11 Posts

Quoting Austyno

Disliked

{quote} P.S I never said we will reach 1.20000 today, I said the journey to 1.2000 has begun... I have been giving entry signal since last week to get positioned... If u noticed, I didn't mention an entry today because I was assuming you took the entry I gave last week. I was only pointing out my target for the week as I won't be opening any other positions this week again.

Ignored

what technique do you use to identify the target? I see alot of analysis saying the same

#124,893
Jan 25, 2021 6:46am Jan 25, 2021 6:46am

warrensapp
Joined Oct 2018 | Status: Trader | 326 Posts

EURUSD should be back on course (up) after FOMC meeting on Wed. Support zone (demand) between 1.2074 and 1.20381

H4:

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If you're gonna be a bear, be a grizzly

#124,894
Jan 25, 2021 6:57am Jan 25, 2021 6:57am

Traderview
Joined Sep 2017 | Status: Trader | 4,492 Posts

The more time it spent below 1.2164 highly likely it won't go above 1.22.

Closely watching this 4hr close. 1 hr to go. A close below 1.2153, then selling swing high with resistance 1.2164 - 1.2173.

Lets see

#124,895
Jan 25, 2021 7:01am Jan 25, 2021 7:01am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now

H1 Status Update

Meanwhile on H1 chart: picture turned bearish as soon as GREEN line: 1.2172 area lost support against M15 candles.. Now we have 1.2164 as nearest resistance and it is my current active SELL level..

*Keep in mind that based on DAILY we have 1.2143 area as nearest support!

Stay Green

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Focus only on what truly matters!

#124,896
Jan 25, 2021 7:12am Jan 25, 2021 7:12am

Austyno
Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts | Online Now

Quoting mrAjeeb

Disliked

{quote} what technique do you use to identify the target? I see alot of analysis saying the same

Ignored

1.20000 has been a very strong resistance in the past, I expect it to act as a very strong support, it's also a round number and sentimentally, people tend to either close their short position or open long on round numbers especially if the round number was significant in the past

Risk comes from not knowing what to do

#124,897
Jan 25, 2021 7:15am Jan 25, 2021 7:15am

lucky1359
Joined Nov 2018 | Status: Trader | 1,051 Posts

Quoting Leodavinci

Disliked

Sell 1.2160 sl 1.2175 tp 1.2133 Buy limit 1.2133 sl 1.2120 tp 1.2250

Ignored

This is nice

I think so before posting any views or Image one should post like the following

Today Trend - Sell

Collectively everyone should make this a practice

Thanks & regards

#124,898
Jan 25, 2021 7:23am Jan 25, 2021 7:23am

Guztro
Joined Apr 2018 | Status: Trader | 616 Posts

Quoting Austyno

Disliked

{quote} 1.20000 has been a very strong resistance in the past, I expect it to act as a very strong support, it's also a round number and sentimentally, people tend to either close their short position or open long on round numbers especially if the round number was significant in the past

Ignored

...and then there's this

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Charts don't drive price, market conditions drive price...

#124,899
Jan 25, 2021 7:23am Jan 25, 2021 7:23am

mrAjeeb
| Joined Jan 2021 | Status: Trader | 11 Posts

Quoting Austyno

Disliked

{quote} 1.20000 has been a very strong resistance in the past, I expect it to act as a very strong support, it's also a round number and sentimentally, people tend to either close their short position or open long on round numbers especially if the round number was significant in the past

Ignored

aha thanks