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EURUSD

  • #1,191,661
  • Mar 7, 2021 3:58pm Mar 7, 2021 3:58pm
Here's my take on the EURUSD, from the technical perspective of a swing trader. Price action on the daily time frame broke below a rising channel (red) with a bearish print on Friday. It is presently tackling the 1.19300 horizontal support area (purple) seen on the monthly time frame. The Friday bearish print that broke down the channel support trendline has its lower shadow a bit longer than its upper shadow; technically indicating bullish resistance at the 1.19300 horizontal support area (purple). We may see a retest of the breached channel support trendline in the early part of this week. Any further bearish drive will have to contend with the next horizontal support around 1.18300 (light green) before bears can pursue an ambition to expose the 1.16200 handle (sandybrown).

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_Mar 7, 2021.png Size: 43 KB
Do your homework, follow the footprints of smart money
  • #1,191,662
  • Mar 7, 2021 4:54pm Mar 7, 2021 4:54pm
Quoting here2there
{quote} The Forex market is screwed.
Your failed attempts and personal self loathing due to inability to make money in fx is what makes you express this. Your odds trading shitt-coins aren't going to be much better. You're in the same company as the others.


I haven't noticed one person on this website that demonstrates the ability to make a living trading fx. This place is about people's narcissism and euphoric delusions fed by glimmers of hope.

I used to believe that people could learn but I see the same people for so long with absolutely no idea nor progress. I just don't see the innate qualities required to do this.

A lot of squabbling and chest beating over microscopic accounts that don't even matter. Most intelligent after learning what it takes wouldn't start at all. Some are just gambling what they can afford.

Easy leverage is what gets you guys.
  • #1,191,663
  • Mar 7, 2021 5:37pm Mar 7, 2021 5:37pm
Quoting Techanalyst
{quote} You need help. Frustrated person. {image}
Its nice to see that the people who disagree with your analysis are on my ignore list. Just proves out why they are there.
  • #1,191,664
  • Mar 7, 2021 6:57pm Mar 7, 2021 6:57pm
Quoting KeenPips
Here's my take on the EURUSD, from the technical perspective of a swing trader. Price action on the daily time frame broke below a rising channel (red) with a bearish print on Friday. It is presently tackling the 1.19300 horizontal support area (purple) seen on the monthly time frame. The Friday bearish print that broke down the channel support trendline has its lower shadow a bit longer than its upper shadow; technically indicating bullish resistance at the 1.19300 horizontal support area (purple). We may see a retest of the breached channel support...
Excellent
  • #1,191,665
  • Mar 7, 2021 7:01pm Mar 7, 2021 7:01pm
I never keep people on ignore list for one simple reason

You never know who's sister is drop dead gorgeous
  • #1,191,666
  • Mar 7, 2021 9:18pm Mar 7, 2021 9:18pm
h4 wedge and 1900

can it try 1960 ?
Attached Image (click to enlarge)
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  • #1,191,667
  • Mar 7, 2021 9:31pm Mar 7, 2021 9:31pm
short taken, target 1830
  • #1,191,668
  • Mar 7, 2021 9:58pm Mar 7, 2021 9:58pm
Quoting PatienceFx
h4 wedge and 1900 can it try 1960 ? {image}
Aren't you supposed to trade INR pairs, or you're a little lost?
  • #1,191,669
  • Mar 7, 2021 10:07pm Mar 7, 2021 10:07pm
Quoting jinxee
{quote} Aren't you supposed to trade INR pairs, or you're a little lost?
i trade nifty normally and fx in a different way

nifty is the easiest to trade
Attached Image (click to enlarge)
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  • #1,191,670
  • Mar 7, 2021 10:07pm Mar 7, 2021 10:07pm
Quoting PatienceFx
short taken, target 1830
You shorted the bottom, bro...
You said you only trade London session...
This will be a bullish week, it will go up from here to above 1.22, and higher than that next week. If it doesn't, then my prophesy has been totally wrong, and I'm totally screwed...
But let's watch and see....
It's written in the cards and in the big boy's system. They love tricking everybody to go short then trapping them on the way back up. They do it both ways. They did it the other week at the top, they got everybody to go long and then trapped them. LOLOLOL
I usually see that coming, but I still tend to underestimate the lengths they go to, to trap professional traders.
I made a hasty decision to go long on Friday open when I thought a retrace was due.
Let's see what happens now this week.
You cannot fail if you never give up.
  • #1,191,671
  • Mar 7, 2021 10:13pm Mar 7, 2021 10:13pm
Quoting 7154Superman
{quote} You shorted the bottom, bro... You said you only trade London session... This will be a bullish week, it will go up from here to above 1.22, and higher than that next week. If it doesn't, then my prophesy has been totally wrong, and I'm totally screwed... But let's watch and see.... It's written in the cards and in the big boy's system. They love tricking everybody to go short then trapping them on the way back up. They do it both...
buy it and prove me wrong, its so simple
  • #1,191,672
  • Mar 7, 2021 10:20pm Mar 7, 2021 10:20pm
Quoting PatienceFx
{quote} buy it and prove me wrong, its so simple
i will buy below 1800 in march, else not
  • #1,191,673
  • Mar 7, 2021 10:20pm Mar 7, 2021 10:20pm
Quoting PatienceFx
{quote} buy it and prove me wrong, its so simple
I said I already went long at Friday open. Am currently holding... Like always.....
You cannot fail if you never give up.
  • #1,191,674
  • Mar 7, 2021 10:24pm Mar 7, 2021 10:24pm
Quoting 7154Superman
{quote} I said I already went long at Friday open. Am currently holding... Like always.....
keep yer hands free n focus on fx
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 36 KB
  • #1,191,675
  • Mar 7, 2021 10:33pm Mar 7, 2021 10:33pm
Quoting PatienceFx
{quote} keep yer hands free n focus on fx {image}
Just watch when we test January's high and break it within a month from now. Watch how all the bears will change their minds and go bullish again. Watch the real bear run start then. Then it will drop down to 1.16 during late April/May.
We are in a classic trapping season...
You cannot fail if you never give up.
  • #1,191,676
  • Mar 7, 2021 11:17pm Mar 7, 2021 11:17pm
Euruse will retrace from 18922 to 19806 then go back to sell again which is 18400 before I we buy fully safe trading friends
Tradeing is not your mate
  • #1,191,677
  • Mar 8, 2021 12:27am Mar 8, 2021 12:27am
Good morning. EURUSD is bearish, support comes at 1892/1850 and resistance at 1946/78. In a bigger image I see 1800 and 2122 as easy targets. ATR is 74 pips.

I have a sell position and may add more below 1900.

Have a great trading day ahead.
Looking for profitable short term trades ...|
  • #1,191,678
  • Mar 8, 2021 12:50am Mar 8, 2021 12:50am
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  • #1,191,679
  • Mar 8, 2021 12:50am Mar 8, 2021 12:50am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 29 KB
  • #1,191,680
  • Mar 8, 2021 12:54am Mar 8, 2021 12:54am
I exited my longs manually at 19 27 at loss.... I have pending orders to short at 1. 18 97

Have a good day all , crew.
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