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EURUSD only

From this point I buy back if M30 closes above 1.1970 or if it reaches 1960
Another day, another dollar.
Quoting Ata-Turkoglu
{quote} In my experience the "edges" of any channel are really dangerous: Tiny cracks can cause massive moves.. I just sold 1.1975 but I am really not sure about this.. Could become another early entry.. Time will tell.. Stop goes once again at least 24 pips above..
Moving mental SL to 1.1980 (risk is now only 5 pips)
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 25.8%
Where would you take profit if it was to go lower? 1.1925?
Another day, another dollar.
Quoting nic9man
Where would you take profit if it was to go lower? 1.1925?
I will not take profit.. I will let myself get stopped out by trailing..

*Based on H4 I am prepared for something like this.. I expect purple line to resist!
Attached Image (click to enlarge)
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 25.8%
Quoting nic9man
Where would you take profit if it was to go lower? 1.1925?
Ok i pay you 1.1928
Trends have a higher probability of continuing than not.
Interesting..."coincidences" between Fibonacci and MA100...
Attached Image(s) (click to enlarge)
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Quoting Godzilla
close above 1981 and im bullish. any close below 1920s will setup a bearish trend. IMHO more likely scenario is fake out upto 1920s and then pushing further up
1920 is definitely on the cards.
Quoting mtako
{quote} I find patience is often a double-edged sword in trading. Often damned if you are, often damned if you aren t! You have a great entry for a sell, I find. I myself have a sell ready at 68 if there is a 15m candle break above .1975 or price reaches out to the 90s, and then comes crashing back down right after. Meaning probably that this range stays intact and this move was just moving it a bit, "rattling the bears cage" one could say And if the range stays intact, we are back 0 - 0 score ! for bulls and bears !!
no more agree with your wonderful Philosophical theory of patience, can you believe i still hold 1.968 s,few hour ago when 1.1993 i thought patience Often damned if you are and now i think patience often damned if you aren t! waiting for the data 1h later to make a big crash ad. how could you know everything happen today?
Figures just released on retail. alot of times the last weeks the "actua"l has crushed "forecast", on the green side, but USD seems to go the other way. why is this happnening time and time again, anyone has some suggestions?
Too many retail traders are on sell side on EurUsd (including me), so they'll chase the SL...and hence USD is dropping.
Quoting Liquidsnake
Figures just released on retail. alot of times the last weeks the "actua"l has crushed "forecast", on the green side, but USD seems to go the other way. why is this happnening time and time again, anyone has some suggestions?
yeah retail is short that is why
It has nothing to do with us retail trader. It affect US30 and a lot of liquidity on dollar
Price Action Micro Return Today: na
Quoting mtako
Im buying at 765, and its perhaps ranging time !
Hi all,


Nothing changed on my end.


Still just ranging and I dont expect it to change till something changes, more than just one new high or one new low. Been buying low, selling high, for 7-10 pips, till Im stopped out. TPs Keeping my longs TP open

Mainly looking for good entries to add to my longs. next buy stop is @ 695, moved to BE at 1978
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting nikosk0
{quote} yeah retail is short that is why
yeah but still, the numbers that was just release 20min ago was BIG greens, it should have exploded the USD, even if its just a short temporary move (retail doesn't represent that big of a piece of the market). instead, the EURUSD actually moved up a bit..
anyhow, im looking for the EURUSD to crash later today and tomorrow, based on the reports today, if you disagree, please present your argument.
Quoting Liquidsnake
{quote} yeah but still, the numbers that was just release 20min ago was BIG greens, it should have exploded the USD, even if its just a short temporary move (retail doesn't represent that big of a piece of the market). instead, the EURUSD actually moved up a bit.. anyhow, im looking for the EURUSD to crash later today and tomorrow, based on the reports today, if you disagree, please present your argument.
yes I’m of the same opinion. Figures mean nothing to me. Seen great numbers too many times only to reverse
Quoting Liquidsnake
{quote} yeah but still, the numbers that was just release 20min ago was BIG greens, it should have exploded the USD, even if its just a short temporary move (retail doesn't represent that big of a piece of the market). instead, the EURUSD actually moved up a bit.. anyhow, im looking for the EURUSD to crash later today and tomorrow, based on the reports today, if you disagree, please present your argument.
my money is on eu sort and trailing
but not because of news. i never look at them nor care about them. we'll see how it goes.
Quoting Godzilla
{quote} yes I’m of the same opinion. Figures mean nothing to me. Seen great numbers too many times only to reverse
It actually moved up 20 despite the great USD numbers
Quoting nikosk0
{quote} my money is on eu sort and trailing but not because of news. i never look at them nor care about them. we'll see how it goes.
i appreciate your viewpoint. but its not every day you see a report where retail spending forecasts are crushed with 3-4%. consumer spending is key to domestic growth, especially now, in times like these...

it looks to turn south now, but im still mindblown that the reaction wasnt more violent...
Quoting Liquidsnake
{quote} i appreciate your viewpoint. but its not every day you see a report where retail spending forecasts are crushed with 3-4%. consumer spending is key to domestic growth, especially now, in times like these... it looks to turn south now, but im still mindblown that the reaction wasnt more violent...
Completely agree
Quoting manuforex
Too many retail traders are on sell side on EurUsd (including me), so they'll chase the SL...and hence USD is dropping.
yes ,hold it , 20 will reach soon
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