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EURUSD only

  • #131,261
  • Apr 30, 2021 4:27am Apr 30, 2021 4:27am
maybe this
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Another day, another dollar.
  • #131,263
  • Apr 30, 2021 4:31am Apr 30, 2021 4:31am
Quoting Godzilla
My fellow bulls {image} "We will not go quietly into the night! We will not vanish without a fight! We're going to live on! We're going to survive!"
Apologies for the use of font ata. Undestand it’s against the rules.
  • #131,264
  • Apr 30, 2021 4:36am Apr 30, 2021 4:36am
This below support at 21018. SMA 100 on 1 hour chart.

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Looking for profitable short term trades ...|
  • #131,265
  • Apr 30, 2021 4:41am Apr 30, 2021 4:41am
In relation the the last weeks and to this trend, this retracement is natural to me. I eventually expect a correction probably double that size anytime... but little chance it will be today
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,266
  • Apr 30, 2021 4:43am Apr 30, 2021 4:43am
Well based on last few 4h candles, it seems the bull run is fading? As today is the end of the week and month, we could see sharp moves in any direction though bears has the upper hand at the moment.

I still have my shorts averaging around 1.21 since few days, I would be happy if bears take control for few hundred pips but wouldn't mind a move to 1.2165 first before the real drop kicks in
  • #131,267
  • Apr 30, 2021 4:53am Apr 30, 2021 4:53am
Quoting fxmasterdxb
Well based on last few 4h candles, it seems the bull run is fading? As today is the end of the week and month, we could see sharp moves in any direction though bears has the upper hand at the moment. I still have my shorts averaging around 1.21 since few days, I would be happy if bears take control for few hundred pips but wouldn't mind a move to 1.2165 first before the real drop kicks in

Good points. They have definitely faded in my book also. And it is perhaps the end of a beautiful long romantic bulls honeymoon.

But no deep correction has shaken it yet, and before anything does significantly affect this month long unwavering uptrend, any slowing down is just as often what happens BEFORE an even stronger continuation of a trend movement of this nature.

We will know soooon friends !!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,268
  • Apr 30, 2021 5:01am Apr 30, 2021 5:01am
This is what is slowing down EURUSD's fall. Much bigger spread.

Attached Image (click to enlarge)
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https://tradingeconomics.com/germany...ent-bond-yield

EDIT: Ata may delete this post, but I find it fundamental for longer term EURUSD direction.
Looking for profitable short term trades ...|
  • #131,269
  • Apr 30, 2021 5:04am Apr 30, 2021 5:04am
We might be as well at the brink of a longer term reversal. At least we are somewhere close to the margin of the bullish channel as far as I am aware, aren't we?
  • #131,270
  • Apr 30, 2021 5:13am Apr 30, 2021 5:13am
10 of last 11 hours have been bears
  • #131,271
  • Apr 30, 2021 5:17am Apr 30, 2021 5:17am
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The Average Discount Everything
  • #131,272
  • Apr 30, 2021 5:26am Apr 30, 2021 5:26am
Four owls needs to drop a short to slow this thing.
  • #131,273
  • Apr 30, 2021 5:27am Apr 30, 2021 5:27am
I start pushing panic button below 2077
  • #131,274
  • Apr 30, 2021 5:37am Apr 30, 2021 5:37am
Before I am perhaps starting to buy a pile up of long setups between 94 and 2023,

here I share a simple, humble, naked look back at this month, and a simple thought.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,275
  • Apr 30, 2021 5:40am Apr 30, 2021 5:40am
Quoting Godzilla
I start pushing panic button below 2077
Attached Image (click to enlarge)
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  • #131,276
  • Apr 30, 2021 5:44am Apr 30, 2021 5:44am
What do you think about that ?


https://www.forexfactory.com/attachm...ew_thumbnail=1
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Don't be too greedy
  • #131,277
  • Apr 30, 2021 5:47am Apr 30, 2021 5:47am
Quoting Godzilla
Four owls needs to drop a short to slow this thing.
Awwww would you cut that out...lol!! My trades have been much better lately thanks...lol!! I am actually going to scalp a long before too long!
  • #131,278
  • Apr 30, 2021 5:51am Apr 30, 2021 5:51am
Valid or fake? Will see...
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Trade to enjoy... Money is after!
  • #131,279
  • Apr 30, 2021 5:53am Apr 30, 2021 5:53am
Quoting four.owls
{quote} Awwww would you cut that out...lol!! My trades have been much better lately thanks...lol!! I am actually going to scalp a long before too long!
cant really close below 1970. need bulls to kick in.
  • #131,280
  • Apr 30, 2021 5:55am Apr 30, 2021 5:55am
We are nearing MA(51) on H4. I expect 1.2070 to be the last man standing on the bulls' side. Perhaps the one who's gonna win the battle intraday or longer?
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