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  • #130,741
  • Apr 23, 2021 9:11am Apr 23, 2021 9:11am
Quoting Godzilla
so quiet on the thread. bet everyone is thinking what the f*ck is going on. at least bears
You were predicting 1.2120 yourself a few days ago, maybe this is happening? Let's see, back to the magic 60 now
Another day, another dollar.
  • #130,742
  • Apr 23, 2021 9:16am Apr 23, 2021 9:16am
Looks like a breakout on H4 - would have to close above 1.2056 though
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Another day, another dollar.
  • #130,743
  • Apr 23, 2021 9:20am Apr 23, 2021 9:20am
Quoting nic9man
Looks like a breakout on H4 - would have to close above 1.2056 though {image}
They fake these out on Euro all the time. Impossible to take it as a reliable trading signal.
  • #130,744
  • Apr 23, 2021 9:20am Apr 23, 2021 9:20am
Head shoulders possible too, though I rather believe in the breakout from above.
Attached Image
Another day, another dollar.
  • #130,745
  • Apr 23, 2021 9:22am Apr 23, 2021 9:22am
Quoting mysterio
{quote} They fake these out on Euro all the time. Impossible to take it as a reliable trading signal.
True, so let's see where H4 closes. 2.5h to go
Another day, another dollar.
  • #130,746
  • Apr 23, 2021 9:29am Apr 23, 2021 9:29am
Now if i got stop out again , i want to see and sell on retracement maybe 1.21060- 1.21560. i want to see now sell with risk 2%-3%
  • #130,747
  • Apr 23, 2021 9:39am Apr 23, 2021 9:39am
Quoting nic9man
{quote} You were predicting 1.2120 yourself a few days ago, maybe this is happening? Let's see, back to the magic 60 now
Yes but charts change
-9 at the moment on my short but feel as though i am defeated
  • #130,748
  • Apr 23, 2021 10:08am Apr 23, 2021 10:08am
My short looking ok at least short term lol. Sold a little more on this little retrace. Stop moved a little closer to above be. I need a win today even a small one to restore some confidence
--post hoc ergo propter hoc--
  • #130,749
  • Apr 23, 2021 10:20am Apr 23, 2021 10:20am
Quoting Godzilla
{quote} Yes but charts change -9 at the moment on my short but feel as though i am defeated
Bears will only b interested if we break 1.2000 irrespective of positive pips given the range
  • #130,750
  • Apr 23, 2021 10:46am Apr 23, 2021 10:46am
Guys remember to be bullish next Thu and Fri (end of month), as stock and Treasury markets are significantly up MTD, so a big wave of hedge rebalancing related USD sells is to be expected. From Friday evening onwards bearish pressure might build.
Another day, another dollar.
  • #130,751
  • Apr 23, 2021 11:05am Apr 23, 2021 11:05am
Quoting Wavegarrick
Hi Guys, I sold at 1.20585 just above my daily res 1 s/loss 25 pips. Eu is becoming a headache for me and not an easy pair to trade currently. Have a great day, Cheers
My sell trade was taken out for a small profit today. Eu is certainly being held up by the powers that may be. My cycles mean nada in this market, it is like floating on the dead sea, at least no sharks to attack you. I will sit out until next week. Perhaps 1.2100 could be the next target?

Have a great weekend Guys,

Cheers.
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Trade to trade another day
  • #130,752
  • Apr 23, 2021 11:16am Apr 23, 2021 11:16am
Possible we might be closing the day above 205s
Could possibly be a new support for the coming week.

just observing on the side lines for now tho.
  • #130,754
  • Apr 23, 2021 11:19am Apr 23, 2021 11:19am
Quoting Wavegarrick
{quote} My sell trade was taken out for a small profit today. Eu is certainly being held up by the powers that may be. My cycles mean nada in this market, it is like floating on the dead sea, at least no sharks to attack you. I will sit out until next week. Perhaps 1.2100 could be the next target? Have a great weekend Guys, Cheers. {image}
Get ready for 1.3 to 1.4.
  • #130,755
  • Edited 12:04pm Apr 23, 2021 11:31am | Edited 12:04pm
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The Average Discount Everything
  • #130,756
  • Apr 23, 2021 12:03pm Apr 23, 2021 12:03pm
Quoting eurusd-thijs
{quote} Yes, and communicate it is likely to come is enough for the market. The usdcad did trade around its magical number 1.2500 days before the announcement and then rushed to 1.2650 and after the announcement plunged to 1.2500 where it stays for now. Something similar we might see in eurusd, back to test 1.200 but before that a nice push up, around 1.2120 is a descending daily trendline to be touched. Next week will tell. FED can not sit on their hands forever.
Thanks, indeed such an announcement would shake markets. Do you have any clues that this might come next week except that the BoC moved forward? I believe that as long as Corona is a threat to the US economy the FED will not move.
Another day, another dollar.
  • #130,757
  • Apr 23, 2021 12:03pm Apr 23, 2021 12:03pm
Quoting nic9man
{quote} True, so let's see where H4 closes. 2.5h to go
Right enough-looks legit

Next week, I am watching 1.2150-2220 for a good shorting opp
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  • #130,758
  • Apr 23, 2021 12:12pm Apr 23, 2021 12:12pm
battle companions spend a weekend, and on Monday more and better

los compañeros de batalla pasan un fin de semana, y el lunes más y mejor
  • #130,759
  • Apr 23, 2021 12:16pm Apr 23, 2021 12:16pm
Quoting tonyb123
{quote} Short squeeze did not work out, made a small profit to 1.1995. Bulls are continuing to move up to 1.2108 next target maybe today.{image}
Here is another perspective for MA traders.
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MY GRID. Markets are NOT random.
  • #130,760
  • Apr 23, 2021 12:16pm Apr 23, 2021 12:16pm
Quoting tush1822
{quote} looks like a clear signal towards the 1.20870 {image}
perfect end of the week, removed the position at 1.20800.
please share your next week's view.
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