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EURUSD only

  • #125,421
  • Jan 29, 2021 5:14am Jan 29, 2021 5:14am
Quoting dele5000
Hi ATA, thanks for all the support, as the bull approach 1.21360-1.2140 area, momentum slow down, do you think we should close Long now or hold it
I can not decide for you buddy.. I closed my long as I posted and now waiting on side lines to jump back in later.. You never know.. it can shoot up or stall here until 1.2122 area is retested.. Nobody can know.. Do what you think is best.. I know that I can jump back in at any future time so I don't mind waiting on side lines.. Good luck

Stay Green
Focus only on what truly matters!
  • #125,422
  • Jan 29, 2021 5:14am Jan 29, 2021 5:14am
Quoting Ata-Turkoglu
{quote} Closed order manually here at 1.2136 with +28 pips.. Will reload again later.. Stay Green
are you billioniaire
are you a millionaire or not yet !? because with your forex knowledge you should be already millionaire
  • #125,423
  • Jan 29, 2021 5:17am Jan 29, 2021 5:17am
Leveraged long until max, push it through the limits guys.
Another day, another dollar.
  • #125,424
  • Jan 29, 2021 5:18am Jan 29, 2021 5:18am
Now that 58% of traders are short
Another day, another dollar.
  • #125,425
  • Jan 29, 2021 5:19am Jan 29, 2021 5:19am
Quoting energies
{quote} are you billioniaire are you a millionaire or not yet !? because with your forex knowledge you should be already millionaire
Depends.. for example if I convert my capital into Venezuelan or Vietnamese or Indonesian currencies etc etc. I am a millionaire yes Just kidding but thanks I take your question as a compliment.. Let's focus on EURUSD
Focus only on what truly matters!
  • #125,426
  • Jan 29, 2021 5:23am Jan 29, 2021 5:23am
I read most hedge funds switched to short EURUSD in the last days, so let‘s create a Gamestop like short squeeze and meet again at 1.28 so we can all write big checks to our mothers.
Another day, another dollar.
  • #125,427
  • Jan 29, 2021 5:32am Jan 29, 2021 5:32am
Sell 2135 sl 2180 tp 2065

H4 update Status
Attached Image (click to enlarge)
Click to Enlarge Name: 29012021h4update.png Size: 32 KB
  • #125,428
  • Jan 29, 2021 5:40am Jan 29, 2021 5:40am
Remember that we have 1.2139, 1.2142 and 1.2158 as DAILY resistance.. That's why I still prefer taking profits without waiting too much..

Stay Green
Focus only on what truly matters!
  • #125,429
  • Jan 29, 2021 5:56am Jan 29, 2021 5:56am
Quoting Ata-Turkoglu
{quote} Depends.. for example if I convert my capital into Venezuelan or Vietnamese or Indonesian currencies etc etc. I am a millionaire yes Just kidding but thanks I take your question as a compliment.. Let's focus on EURUSD
If you buy some lots E/U using leverage 1:200 you own them at that moment and we might say that you are a millionaire.
  • #125,430
  • Jan 29, 2021 6:08am Jan 29, 2021 6:08am
Quoting Ata-Turkoglu
Remember that we have 1.2139, 1.2142 and 1.2158 as DAILY resistance.. That's why I still prefer taking profits without waiting too much.. Stay Green
No wonder the upward momentum dragged (I am on mobile and could not see the whole chart as I which) I have since closed the long at 1.2136 , thanks for the insight always,
  • #125,431
  • Jan 29, 2021 6:19am Jan 29, 2021 6:19am
Quoting Ata-Turkoglu
Remember that we have 1.2139, 1.2142 and 1.2158 as DAILY resistance.. That's why I still prefer taking profits without waiting too much.. Stay Green

This is classic month-end balancing move. It may drop once they finish the process, around/after 15:00 UK time.
  • #125,432
  • Jan 29, 2021 6:29am Jan 29, 2021 6:29am
Quoting Connors
{quote} This is classic month-end balancing move. It may drop once they finish the process, around/after 15:00 UK time.
It seems like today will end with moves of bulls trying.. I don't mind though.. For now no bears in sight and I will try to keep buying dips as low as I can.. Best of luck buddy

Stay Green
Focus only on what truly matters!
  • #125,433
  • Jan 29, 2021 6:32am Jan 29, 2021 6:32am
Quoting Connors
{quote} This is classic month-end balancing move. It may drop once they finish the process, around/after 15:00 UK time.
Not necessarily, but if it is then it will likely reverse after London close. Until three days ago it looked like month-end would definitely be USD selling, but then stocks crashed the level where we started the month, so the month-end effect should be around zero. I rather think this move reflects the unexpected economic surprises of weaker US GDP growth with stronger European growth compared to expectations.
Another day, another dollar.
  • #125,434
  • Jan 29, 2021 6:33am Jan 29, 2021 6:33am
Short entry at 1.21497 with a 5 pip SL, it's a key level for me that mixes with a horizontal level for me but that doesn't mean it will hold or even reach it. It just broke the previous high at 1.2142 , so it could easily drop from here if this was just a stop hunt. I don't believe this can just go up from here, the real move will probably happen next week
  • #125,435
  • Jan 29, 2021 6:46am Jan 29, 2021 6:46am
Why? Because it‘s Friday?
Another day, another dollar.
  • #125,436
  • Jan 29, 2021 6:47am Jan 29, 2021 6:47am
EUR/USD turning point on 1H chart which will occur on 2021.01.29
EST in 15 min time frame included
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_2021.01.29.PNG Size: 49 KB
  • #125,437
  • Jan 29, 2021 6:48am Jan 29, 2021 6:48am
H1 Status Update

For now purple TL is providing resistance.. If it breaks price can easily rise to magnetic target: 1.2188 area..

That being said, meanwhile we had no touch to Dashed-RED and I had to adjust buy level to 1.2121 but it is still not clear.. I tried to enter long based on M15 but this purple line forced me to close with little profit.. Let's see if it breaks (= if we can have an H1 candle close above it).. then we can keep buying dips much more confidently..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 31 KB
Focus only on what truly matters!
  • #125,438
  • Jan 29, 2021 6:48am Jan 29, 2021 6:48am
Quoting Kyuu
Short entry at 1.21497 with a 5 pip SL, it's a key level for me that mixes with a horizontal level for me but that doesn't mean it will hold or even reach it. It just broke the previous high at 1.2142 , so it could easily drop from here if this was just a stop hunt. I don't believe this can just go up from here, the real move will probably happen next week
Probably higher 2160-70
  • #125,439
  • Jan 29, 2021 6:51am Jan 29, 2021 6:51am
Partly because it's Friday, but there's also no news events for volume. I mean it can also just break the highs and do some crazy unexpected bull move today since they dropped price 3 days ago and there's been plenty of volume since, on the Daily chart we've also been riding this support line really closely. We never closed beneath it, today could just make a W and make an unexpectedly higher high. Who knows we'll see, I just have a short at 1.21497 with a 5 pip stop but my long term bias is long, I just don't think it'll happen today.

If we break above 1.216, then I can definitely see it happening today
Attached Image (click to enlarge)
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  • #125,440
  • Jan 29, 2021 6:53am Jan 29, 2021 6:53am
Short R1 2148 SL 2168 TP Open
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