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  • #127,821
  • Mar 3, 2021 6:00am Mar 3, 2021 6:00am
Quoting macdulio
all on sell {image}
Greetings. Can i please ask what trading system is this? Mind to share? Thank you.
  • #127,822
  • Mar 3, 2021 6:01am Mar 3, 2021 6:01am
Good morning all, hope you're well. Bears are doing alright on the 1H lol.
  • #127,823
  • Mar 3, 2021 6:02am Mar 3, 2021 6:02am
Good day traders. Quite a mixed bag trying to get above 21xx precisely. I had a block at the .618 2125 area as extension but I think it failed. Seem 2100 area has capped it.
  • #127,824
  • Mar 3, 2021 6:16am Mar 3, 2021 6:16am
Quoting SnaveForex
Good day traders. Quite a mixed bag trying to get above 21xx precisely. I had a block at the .618 2125 area as extension but I think it failed. Seem 2100 area has capped it.
may start shorting 2090 2100 retest if it ever NYSE still to open, Caymans also on board in the next hour. Dire levels at the moment. History in the making?
  • #127,825
  • Mar 3, 2021 6:23am Mar 3, 2021 6:23am
B flat correction finishied. With C to come next? To complete,ABC pullback from 1.1991 Low?
  • #127,826
  • Mar 3, 2021 6:27am Mar 3, 2021 6:27am
H4... 1/1
Attached Image (click to enlarge)
Click to Enlarge Name: 34ax.png Size: 81 KB
  • #127,827
  • Mar 3, 2021 6:42am Mar 3, 2021 6:42am
Isn't it weird when everybody knows we are going one way and we have to go the opposite way before?
Practitioner of the cryptic trading arts
  • #127,828
  • Mar 3, 2021 6:43am Mar 3, 2021 6:43am
Quoting Endoephemera
Isn't it weird when everybody knows we are going one way and we have to go the opposite way before?
I think there is quite some disagreement about which way we are going.
Another day, another dollar.
  • #127,829
  • Mar 3, 2021 6:50am Mar 3, 2021 6:50am
Quoting nic9man
{quote} I think there is quite some disagreement about which way we are going.
REALLY?

Please tell me why the USD should increase in value? It's a risk on situation and EUR/USD is a proxy for risk on.
...because you never know - until you do!
  • #127,830
  • Mar 3, 2021 6:52am Mar 3, 2021 6:52am
Quoting nic9man
{quote} I think there is quite some disagreement about which way we are going.
Where we going first 1.98 or 1.21 , i will wait until the news release
Rising and falling like waves in the ocean
  • #127,831
  • Mar 3, 2021 7:06am Mar 3, 2021 7:06am
Quoting fxsport
{quote} REALLY? Please tell me why the USD should increase in value? It's a risk on situation and EUR/USD is a proxy for risk on.
Well I myself am bullish on EURUSD as the USD flood associated with the fiscal stimulus should ultimately lead to a big USD dump. However, in the last couple of weeks investors have been focussing on relative strength of the economies and in this respect the USA is undoubdedly stronger. Hence there are many who favor USD upside. Besides, the fact that we have a risk-on rally right now has no forecasting power for the future, might change any time for any reason.
Another day, another dollar.
  • #127,832
  • Mar 3, 2021 7:11am Mar 3, 2021 7:11am
H1 Status Update

Blue MA resisted well.. Bear story continues.. 1.20755 is most current aggressive sell level.. Rinse and repeat..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 27 KB
Focus only on what truly matters!
  • #127,833
  • Mar 3, 2021 7:14am Mar 3, 2021 7:14am
Quoting fxsport
{quote} REALLY? Please tell me why the USD should increase in value? It's a risk on situation and EUR/USD is a proxy for risk on.
We had a discussion about this late last wk/over the weekend

Unprecedented situation in US govt fixed income, people dropping it like its hot. Yields on a tear

If it was simple as buying the Euro every time markets were risk on we'd all be rich
  • #127,834
  • Mar 3, 2021 7:49am Mar 3, 2021 7:49am
The situation right now with the Us gov, the yields are shattering. The Us dollar has continued to grow stronger, however we are seeing or we saw a bullish candle the past day on euro. Keep an eye out for the bullish attack, it happened yesterday at 3-4 a.m.
  • #127,835
  • Mar 3, 2021 7:52am Mar 3, 2021 7:52am
Quoting Traderview
1.2104 is going to hold very well. If this 4hr and next closes below it, then possible correction or I'd say retest of 1.21 and move below 1.20.
Closing this @ 1.2050. Gathered 54 pips.

Sidelines now.
  • #127,836
  • Mar 3, 2021 8:02am Mar 3, 2021 8:02am
Price is back to 1.2046 area. It's either S or R.
  • #127,837
  • Mar 3, 2021 8:06am Mar 3, 2021 8:06am
Based on H1, 1.2068 is aggressive sell level now..
Based on M15, 1.2057 is aggressive sell level..
Focus only on what truly matters!
  • #127,838
  • Edited 8:43am Mar 3, 2021 8:06am | Edited 8:43am
Seeing a rising wedge on dxy and falling on eur. I can't now rule out another push up before down so if it breaks which it looks like it will, i'll take my small profit and wait

exited at 1.2049, will sell higher
  • #127,839
  • Mar 3, 2021 8:24am Mar 3, 2021 8:24am
Attached Image (click to enlarge)
Click to Enlarge Name: c70316914a97c42c5fc638f6c114bba5.png Size: 46 KB
im out waiting until i get confirmations
  • #127,840
  • Mar 3, 2021 9:08am Mar 3, 2021 9:08am
another sell limit @ 1.2070
the first sell is on going
If you do not know who you are, the Forex is the worst place to find you
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