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EURUSD

  • #1,190,481
  • Feb 8, 2021 3:05am Feb 8, 2021 3:05am
Quoting PatienceFx
EUR/USD to slump to 1.1750 on a break below 1.1945 – Commerzbank
Was that on a weekly close below that price (1.1945)?
Looking for profitable short term trades ...|
  • #1,190,482
  • Feb 8, 2021 3:07am Feb 8, 2021 3:07am
the fight continues
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 131 KB
  • #1,190,483
  • Feb 8, 2021 6:50am Feb 8, 2021 6:50am
10 pips in the whole freaking monday ? i feel like a king
  • #1,190,484
  • Feb 8, 2021 6:59am Feb 8, 2021 6:59am
Quoting PatienceFx
10 pips in the whole freaking monday ? i feel like a king
booked +10 this idiot may go north
  • #1,190,485
  • Feb 8, 2021 7:23am Feb 8, 2021 7:23am
EUR/USD turning point on 1H chart which will occur on 2021.02.08
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_2021.02.08.PNG Size: 35 KB
  • #1,190,486
  • Feb 8, 2021 8:18am Feb 8, 2021 8:18am
Quoting PatienceFx
{quote} booked +10 this idiot may go north
and its going north lol
  • #1,190,487
  • Feb 8, 2021 10:32am Feb 8, 2021 10:32am
Quoting PatienceFx
{quote} booked +10 this idiot may go north
Try crypto. Forex isn't what it used to be.
Learn from your mistakes and march on.
  • #1,190,488
  • Feb 8, 2021 10:51am Feb 8, 2021 10:51am
Quoting NrSLionHeart
The signals say that it will go up. Also 66% of the traders are short - so one more reason to go up. I will try to stay on the sidelines until 8.15 GMT. Last friday I lost a shitton of money because I went short at 1.20350 and the market went up to 1.20500. Let's hope that today is a better day
Losing money on a trade is not as bad as not knowing what you did wrong. If you don't know what you did wrong, then you will never get ahead in this market.

Do you know what you did wrong?
Learn from your mistakes and march on.
  • #1,190,489
  • Feb 8, 2021 11:07am Feb 8, 2021 11:07am
Quoting NrSLionHeart
The signals say that it will go up. Also 66% of the traders are short - so one more reason to go up. I will try to stay on the sidelines until 8.15 GMT. Last friday I lost a shitton of money because I went short at 1.20350 and the market went up to 1.20500. Let's hope that today is a better day
Shitton of money with just 15 pips? Are you sure? You trading full lots?
  • #1,190,490
  • Feb 8, 2021 11:19am Feb 8, 2021 11:19am
Quoting Js3mwtRc
Good morning. EU turned its bearish trend to neutral in weekly and bullish on daily timeframe, resistance is at 2076, and 2155, and support at 2011 and 1970. In the calendar Sentix Investor Confidence is what I will look for further clues After NFP it did a good run from the lows, now it should retrace some of its gains, but I'll stay aside and look for higher levels to sell and lower to buy. Have a great trading week ahead.
None of the support, or resistance levels touched, slow market especially on European session, but from tomorrow I feel that it will come back to finish what it started.

2091/2100 zone looks good for a test.
Looking for profitable short term trades ...|
  • #1,190,491
  • Feb 8, 2021 11:40am Feb 8, 2021 11:40am
Quoting here2there
{quote} Losing money on a trade is not as bad as not knowing what you did wrong. If you don't know what you did wrong, then you will never get ahead in this market. Do you know what you did wrong?

Yeah,

I market went zzzzzz and I am an impatient guy and I started to randomly open buy and sell orders based on the short term maket moves. Classic idiot stuff. At some point with 200 EUR I had like 3 lots in sell and 3 lots in buy all cancelling each other.

I simply closed everything and the account went to 25%.

Gotta rethink the whole thingie ...
  • #1,190,492
  • Feb 8, 2021 11:57am Feb 8, 2021 11:57am
selling now. anything below 1.20050 longing
  • #1,190,493
  • Feb 8, 2021 12:14pm Feb 8, 2021 12:14pm
Inverse head and shoulders on the4 hour time frame. Waiting for the break and close above 1.20545. If no break, I will reassess and take a sell. I don't see it happening today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210208-131131_MetaTrader 4.jpg Size: 1.2 MB
  • #1,190,494
  • Feb 8, 2021 12:53pm Feb 8, 2021 12:53pm
Quoting NrSLionHeart
{quote} Yeah, I market went zzzzzz and I am an impatient guy and I started to randomly open buy and sell orders based on the short term maket moves. Classic idiot stuff. At some point with 200 EUR I had like 3 lots in sell and 3 lots in buy all cancelling each other. I simply closed everything and the account went to 25%. Gotta rethink the whole thingie ...
I stick with the Daily trend, and do my best to trade only in the direction of it. I also avoid trading on time frames lower than the 4HR.
Learn from your mistakes and march on.
  • #1,190,495
  • Feb 8, 2021 9:01pm Feb 8, 2021 9:01pm
Quoting bromanbdc
Inverse head and shoulders on the4 hour time frame. Waiting for the break and close above 1.20545. If no break, I will reassess and take a sell. I don't see it happening today. {image}
Is that your penis and nuts on the chart nice drawing
  • #1,190,496
  • Feb 8, 2021 9:13pm Feb 8, 2021 9:13pm
Quoting PatienceFx
{quote} Is that your penis and nuts on the chart nice drawing
What a marvelous comment dude!
  • #1,190,497
  • Edited 9:43pm Feb 8, 2021 9:27pm | Edited 9:43pm
Howdy howdy, looks like the daily dip is done forming(Can see on 4h chart) and headed north again. Hitting the 1H as seen in chart.

For the newbies, see the Daily chart MA's going up, now look at the 4H MA's going down, that is the dip forming.

MA's
50 EMA=Red
100 EMA=Green
240 LWMA=Blue
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 71 KB
Click to Enlarge Name: 4H.PNG Size: 71 KB
Click to Enlarge Name: Daily.PNG Size: 68 KB
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,190,498
  • Feb 8, 2021 9:44pm Feb 8, 2021 9:44pm
Quoting PatienceFx
{quote} Is that your penis and nuts on the chart nice drawing
Classic!
  • #1,190,499
  • Feb 8, 2021 9:57pm Feb 8, 2021 9:57pm
Quoting Techanalyst
{quote} Classic!
How has it been Tech? Think we can get to the 1.25 before turning south on the weekly? That thing is itching to head down to the 1.15 area.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,190,500
  • Feb 8, 2021 10:02pm Feb 8, 2021 10:02pm
Quoting OhComeOn
{quote} How has it been Tech? Think we can get to the 1.25 before turning south on the weekly? That thing is itching to head down to the 1.15 area.
It is going really good. How about you? I think at this point, EURUSD is bearish for sure on monthly, weekly and daily. Trade safe.
Attached Image (click to enlarge)
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