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EURUSD only

  • #125,761
  • Feb 2, 2021 1:38pm Feb 2, 2021 1:38pm
Quoting bigiivan
{quote} I've got an advice for you: there is a table with a sessions at the bottom on a front page of FF. Look at it, please, all there! And one more thing: I saw you are live in Germany. London has to close at 18:00 h your local time. (Till theend of March)
No, 17:30 Frankfurt time. London closes @16:30.
  • #125,762
  • Feb 2, 2021 1:47pm Feb 2, 2021 1:47pm
Quoting Connors
{quote} No, 17:30 Frankfurt time. London closes @16:30.
I will say it again: I suggest to look at front page of Forexfactory.
My time zone is set at GMT+3 now.
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  • #125,763
  • Feb 2, 2021 1:55pm Feb 2, 2021 1:55pm
Quoting bigiivan
{quote} My target is around 1,1700. But this is long term.
Best of luck for you. I do not have any trades in my long term accounts now as too unpredictable on long term fundamentals for me. I am still evaluating these and potential weakening of USD from money printing.
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Just trading technicals at the moment and my opinion is we are range bound while above 1.20 and below 1.22.
Ecclesiastes 1:9
  • #125,764
  • Feb 2, 2021 1:56pm Feb 2, 2021 1:56pm
Quoting bigiivan
{quote} I will say it again: I suggest to look at front page of Forexfactory. My time zone is set at GMT+3 now.{image}
Mate, LSE closes at 16:30 (GMT). That is what counts in terms of London close. This has been the rule for whole my life and I am an old tart.

London Metal Exchange settlements are concluded till 17:00 GMT but that is completely out of topic.

Stock Exchange close, that is what it is all about.
  • #125,765
  • Feb 2, 2021 2:01pm Feb 2, 2021 2:01pm
Quoting Connors
{quote} Mate, LSE closes at 16:30 (GMT). That is what counts in terms of London close. This has been the rule for whole my life and I am an old tart. London Metal Exchange settlements are concluded till 17:00 GMT but that is completely out of topic. Stock Exchange close, that is what it is all about.
This strategy "London close" (which he is talking about) works at 16:00 h GMT.
I don't want to debate anymore, please!
  • #125,766
  • Feb 2, 2021 2:04pm Feb 2, 2021 2:04pm
@Connors and bigiivan

No need to fight about the time zones. As I said, we had this dicussion over many pages ;-)

This is what counted for us in the end and proved to be reliable for the London Close strategy:
The foreign exchange ("forex" or "FX") currency market is not traded on a regulated exchange like stocks and commodities. Rather, the market consists of a network of financial institutions and retail trading brokers which each have their own individual hours of operation. Since most participants trade between the hours of 8:00 a.m. and 4:00 p.m. in their local time zone, these times are used as the market open and close times, respectively.

Peace, brothers! Shalom!
  • #125,767
  • Feb 2, 2021 2:04pm Feb 2, 2021 2:04pm
Quoting bigiivan
{quote} This strategy "London close" (which he is talking about) works at 16:00 h GMT. I don't want to debate anymore, please!

No debate mate, just telling you what it is in terms of London close. I probably missed the beginning of your conversation and jumped in when you mention London close "18:00 Frankfurt time" which isn't. That's all. Anyway.
  • #125,768
  • Feb 2, 2021 2:08pm Feb 2, 2021 2:08pm
Quoting ursinho4711
@Connors and bigiivan No need to fight about the time zones. As I said, we had this dicussion over many pages ;-) This is what counted for us in the end and proved to be reliable for the London Close strategy: The foreign exchange ("forex" or "FX") currency market is not traded on a regulated exchange like stocks and commodities. Rather, the market consists of a network of financial institutions and retail trading brokers which each have their own individual hours of operation. Since most participants trade between the hours of 8:00 a.m. and 4:00...
Jesus!

Ok I shut up, all "kosher" to me. Have a fabulous evening lads!
  • #125,769
  • Feb 2, 2021 2:09pm Feb 2, 2021 2:09pm
Ok guys.. let's chill and call it a day.. We hopefully meet again tomorrow after Madagascar opening.. lol.. just kidding..

Good luck for Asian session traders, I am calling it a day and I suggest some of you do it too.. Give your heated brains some cooling time.. Cheers
Focus only on what truly matters!
  • #125,770
  • Feb 2, 2021 2:14pm Feb 2, 2021 2:14pm
Quoting Ata-Turkoglu
Ok guys.. let's chill and call it a day.. We hopefully meet again tomorrow after Madagascar opening.. lol.. just kidding.. Good luck for Asian session traders, I am calling it a day and I suggest some of you do it too.. Give your heated brains some cooling time.. Cheers
East Madagascar time or West Madagascar time?
  • #125,771
  • Feb 2, 2021 2:45pm Feb 2, 2021 2:45pm
Now or tomorrow a move to 1.2069 the weekly s1 and then the plunge to 1.1969 on thursday or friday.
Trends have a higher probability of continuing than not.
  • #125,772
  • Feb 2, 2021 3:02pm Feb 2, 2021 3:02pm
Quoting Ata-Turkoglu
Ok guys.. let's chill and call it a day..
...the day is over when the day is over... sometimes the London Close effect comes with some latency
  • #125,773
  • Feb 2, 2021 3:18pm Feb 2, 2021 3:18pm
I don't know if it's really themed, but since Mario Draghi has accompanied us for many years in our trading days, especially related to the euro, from tomorrow he will have the task of forming the government as the new prime minister in Italy.
  • #125,774
  • Feb 2, 2021 4:21pm Feb 2, 2021 4:21pm
https://www.forexfactory.com/news/10...rd-19-trillion

I have a long opened from 1.2042 targeting 1.21300
My observation may be wrong but intent correct. Stay calm!
  • #125,775
  • Feb 2, 2021 10:09pm Feb 2, 2021 10:09pm
EUR/USD turning point on 1H chart which will occur on 2021.02.03
EST in 15 min time frame included
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  • #125,776
  • Feb 2, 2021 11:00pm Feb 2, 2021 11:00pm
Quoting lucky1359
Buying Levels Probability @ 1.2000 - 1.2010 {image} Thanks & Regards
Yesterday Analysis & Result

I like Candles respecting the Fibo Lines and Fibos do not repaint

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Today's Important Levels

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Thanks & Regards
  • #125,777
  • Feb 2, 2021 11:32pm Feb 2, 2021 11:32pm
Hello friends, these are some of the turning points that I could calculate on 5 min chart based on 2 cycles. We will just see whether they will make smaller tops and bottoms in chart.
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  • #125,778
  • Feb 2, 2021 11:53pm Feb 2, 2021 11:53pm
Based on H4 and H1 candle formations, the bears are still in control.

Trade Safe
Guz
Charts don't drive price, market conditions drive price...
  • #125,779
  • Feb 3, 2021 12:05am Feb 3, 2021 12:05am
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  • #125,780
  • Feb 3, 2021 12:07am Feb 3, 2021 12:07am
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