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EURUSD

  • #1,191,921
  • Mar 13, 2021 12:46pm Mar 13, 2021 12:46pm
EURUSD two demand zones.
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  • #1,191,922
  • Mar 13, 2021 2:10pm Mar 13, 2021 2:10pm
Quoting MRZ0098
{quote} Target???!!!
Here 2 there is right man.... What is important now is NOT to be hit my SL . If the trade is wrong and E. goes up there is no meaning planning targets....

IF it is a good trade then this thing will slide for days, and will have plenty of time to think about targets...

Have a nice weekend all

  • #1,191,923
  • Mar 13, 2021 2:16pm Mar 13, 2021 2:16pm
Quoting here2there
{quote} It's more important to understand why someone placed a trade than to know what their target is. You are asking the wrong question.
are you the police of people's question!! Last time and this time, both I have asked someone else a question and you jumped in .... Please be respectful and let user discuss their own opinion. If I ask you, sure you can then answer. Everyone can talk, write and discuss so you do need to take care of their role.
  • #1,191,924
  • Mar 13, 2021 2:20pm Mar 13, 2021 2:20pm
Quoting F.g
{quote} Here 2 there is right man.... What is important now is NOT to be hit my SL . If the trade is wrong and E. goes up there is no meaning planning targets.... IF it is a good trade then this thing will slide for days, and will have plenty of time to think about targets... Have a nice weekend all
That's right. however, many people scalping here, I was just wanted to see your RR ratio. but now is make sense. GOOD LUCK MY FRIEND
  • #1,191,925
  • Edited 10:09pm Mar 13, 2021 9:58pm | Edited 10:09pm
Quoting MRZ0098
{quote} are you the police of people's question!! Last time and this time, both I have asked someone else a question and you jumped in...
I was trying to help you to see the bigger picture. I even gave you a solid trend trading strategy. And what did you do in response? You pissed all over my comments. Don't worry, I won't waste anymore time responding to you.
Learn from your mistakes and march on.
  • #1,191,926
  • Mar 13, 2021 10:14pm Mar 13, 2021 10:14pm
Quoting here2there
{quote} I was trying to help you to see the bigger picture. Don't worry, I won't waste anymore time responding to your comments.
Don't respond to amateur traders who only spit out negativity. I'm thinking of taking a break next month from this site. The negativity is starting to drain me. People are too cliquey on here too just like when you're in middle or high school. You try to help and the amateur vultures come out spewing their ridiculous, ignorant nonsense. Last night I was very surprised to see this in my own thread. There's only so much you can do in this type of situation. Or it will lead to an argument. Then the high impact traders think they know everything. I sit back and laugh. Like I said before, nothing but amateur traders. No matter how much you try to inform or help someone, they will filter everything through their own ignorance. Just ignore it and move on. Let them stay behind their computers making a few dollars here and there, and allow them an overbearing sense of their own self importance. Do you really think professional traders who are millionaires are going to be congregating on here interacting with a bunch of amateur, ignorant traders? I think NOT. Remember though.....you always have my support here my friend
  • #1,191,927
  • Mar 13, 2021 10:24pm Mar 13, 2021 10:24pm
Quoting TaoTrader
{quote} Don't respond to amateur traders who only spit out negativity. I'm thinking of taking a break next month from this site. The negativity is starting to drain me. People are too cliquey on here too just like when you're in middle or high school. You try to help and the amateur vultures come out spewing their ridiculous, ignorant nonsense. Last night I was very surprised to see this in my own thread. There's only so much you can do in this type of situation. Or it will lead to an argument. Then the high impact traders think they know everything....
It is frustrating. I have made bad mistakes throughout the years trading, but I have learned from my mistakes and have much to share. I try to do what I can to be helpful in here. But for the most part, it seems people don't care. Some people wonder why I don't share trading ideas. It's because I don't want to go through all the trouble only to have somebody piss all over my efforts. I can think of better things to do with my time.

By the way, I appreciate the support. You have my support also.
Learn from your mistakes and march on.
  • #1,191,928
  • Mar 13, 2021 10:31pm Mar 13, 2021 10:31pm
Quoting TaoTrader
{quote} Don't respond to amateur traders who only spit out negativity. I'm thinking of taking a break next month from this site. The negativity is starting to drain me. People are too cliquey on here too just like when you're in middle or high school. You try to help and the amateur vultures come out spewing their ridiculous, ignorant nonsense. Last night I was very surprised to see this in my own thread. There's only so much you can do in this type of situation. Or it will lead to an argument. Then the high impact traders think they know everything....
Good statments i think its can answer my trouble. I want to break and focus to my trading plan. Seeing and watching and igonere.
  • #1,191,929
  • Mar 13, 2021 10:35pm Mar 13, 2021 10:35pm
Quoting here2there
{quote} It is frustrating. I have made bad mistakes throughout the years trading, but I have learned from my mistakes and have much to share. I try to do what I can to be helpful in here. But for the most part, it seems people don't care. Some people wonder why I don't share trading ideas. It's because I don't want to go through all the trouble only to have somebody piss all over my efforts. I can think of better things to do with my time. By the way, I appreciate the support. You have my support also.
Agreed. It has taken me many years to understand why this site is the way it is. It's great to come here and interact with other people who love trading, and to learn and exchange ideas. The different cultural perspectives are also very helpful. But at some point you have to be honest. Where are all the professional traders? They are NOT here, or if they were here before, they are gone. Professional traders who are highly successful do not come here. They have more important things to do with their time. If they do come here, I would think they do it out of boredom or they have no social life LOL. That is the conclusion I came to. I'm a full time trader myself, but I'm not a multimillionaire. When I do get to that point, I will probably look elsewhere to interact with traders who are more like minded. Until then, I'm happy to be here and help the inexperienced traders. If you just remember very few people on here are professional traders, and even fewer are probably evolved enough to understand how to effectively interact in a trading forum. This is now a social media site that is pure dysfunction mixed with sprinkles of clarity here and there. Plain and simple. Absorb the good info, spit out the rest. Nothing else matters
  • #1,191,930
  • Mar 13, 2021 10:50pm Mar 13, 2021 10:50pm
Quoting TaoTrader
{quote} ... Where are all the professional traders?...
Likely on Tradingview.
Learn from your mistakes and march on.
  • #1,191,931
  • Mar 13, 2021 10:55pm Mar 13, 2021 10:55pm
Quoting here2there
{quote} Likely on Tradingview.
Yup. Or on the beach
  • #1,191,932
  • Mar 14, 2021 11:31am Mar 14, 2021 11:31am
S/R
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  • #1,191,933
  • Mar 14, 2021 4:14pm Mar 14, 2021 4:14pm
buy limit moved at 1931
SELL limit cancelled
  • #1,191,934
  • Mar 14, 2021 4:34pm Mar 14, 2021 4:34pm
EURJPY = Strong Bullish
USDCAD = Strong Bearish

I will only be focussing on trading these pairs this week, unless conditions change.

Trade the Daily trend!
Learn from your mistakes and march on.
  • #1,191,935
  • Mar 14, 2021 4:52pm Mar 14, 2021 4:52pm
Here's my take on the EURUSD, from the technical perspective of a swing trader. EURUSD price action on the daily time frame is in a falling wedge (blue). Several days ago, technical bearish impulsive drive broke below the 1.19430 horizontal support area (green) and nestled at the wedge support trendline. On Tuesday, a bullish candlestick took price action from the wedge support trendline, while the bullish continuation prints on Wednesday and Thursday made price action break above the broken-down 1.19430 horizontal support area (green). However, on Friday, the long lower shadow of a bearish print settled at the area. But the Friday bearish print technically favours bulls, and we may see further bullish move before a southward turnaround. The 1.20470 area (magenta) is a near-term horizonal resistance that may hinder further bullish drive; also it is potentially an area of value for a bearish turnaround.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #1,191,936
  • Mar 14, 2021 4:56pm Mar 14, 2021 4:56pm
Quoting here2there
EURJPY = Strong Bullish USDCAD = Strong Bearish I will only be focussing on trading these pairs this week, unless conditions change. Trade the Daily trend!
EURJPY is bullish but I think it might be due for a retracement. I am waiting for retracement to 129.75 area and then wait for some bullish price action before buying this one. Just my 2 cents.
  • #1,191,937
  • Mar 14, 2021 5:29pm Mar 14, 2021 5:29pm
Quoting Piphunter40
{quote} EURJPY is bullish but I think it might be due for a retracement. I am waiting for retracement to 129.75 area and then wait for some bullish price action before buying this one. Just my 2 cents.
Good call!

Looks like it has already happened. Though the 2HR candle hasn't closed yet. So anything can happen. I think it is smart for you to wait for further confirmation.

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Click to Enlarge Name: EURJPY.png Size: 15 KB
Learn from your mistakes and march on.
  • #1,191,938
  • Mar 14, 2021 5:48pm Mar 14, 2021 5:48pm
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  • #1,191,939
  • Mar 14, 2021 8:04pm Mar 14, 2021 8:04pm
Quoting Techanalyst
COT reports are out. Institutions took off more of their long profits, and added more sell positions. Looks like EURUSD is going bearish. {image} {image}
Cot report
Attached Image
  • #1,191,940
  • Mar 14, 2021 8:16pm Mar 14, 2021 8:16pm
Quoting PatienceFx
{quote} Cot report {image}
Ok.
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