EURUSD only

Quoting SilentFather

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Hi guys, so since some of You wanted to know how I trade when I'm really lazy to do some kind of PA or looking at trend etc... Try this guys It's Hull Moving Average, as said before. Using 250 TickChart. cTrader needed since MT4 is (at least for me) dead platform. ¯\_(ツ)_/¯ 1 HMA is blue (LOW, 110) 2 HMA is red (HIGH, 250) That's it. You just sell when price approaches the line from below and vice versa. Have some fun with it. This way You don't really need a trend. Just feel the charts. It will come soon or later. It's easy, specially...

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Quoting Ata-Turkoglu

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{quote} All possible.. I am highly suspicious of this rise.. Could be a pump and dump action.. In my thinking 1.2033 should be the bull killer.. If it doesn't your 1.2050/60 area probably won't resist either and price can then rise much higher than expected.. Long story short: careful here! I stay away from buying!

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Quoting Monk

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Well what the hell was that??

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Quoting Ata-Turkoglu

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From here: while below 1.2024 no buying!

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Quoting mtako

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Waiting for if/how 60s-70s reached : a straight break of the 60s without any ranging, though unlikely, would give much more chance of a follow up strong push up, and I would only then consider another buy, probably close to 2077. But were perhaps never going to see those levels again ! Price will probably return to 2000, at the very least, if it is met with a constant enough resistance under 60s, without the 60s even being reached . In the meantime : buy stop 20247, SL 2016 buy stop 2036 buy stop...

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Quoting Monk

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Not sure....I mean downtrend to me is more like a steady move down few pips at a time over some period. Still in my long - was up some but now just barely. Added another small long at that bottom and moved stop to -10 pips. If it races back up awesome. If stopped no fun but not much damage. Will stir out for a bit then

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Quoting Fxtrader0

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{quote} Hello. So where are you taking your short from again? At 1.2062?

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Quoting anilamil

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{quote} what do u think eurusd new low this week ata? my target is 197x based on H4...

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Quoting Ata-Turkoglu

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From here: while below 1.2024 no buying!

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Quote

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Treasury Secretary Janet Yellen said interest rates may have to rise modestly to prevent the U.S. economy from overheating due to higher levels of government spending.
“It may be that interest rates will have to rise somewhat to make sure our economy doesn’t overheat,” Yellen, a former Federal Reserve chair, said in an interview with the Atlantic recorded Monday that was broadcast on the web on Tuesday. “It could cause some very modest increases in interest rates.”

Quoting Monk

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{quote} yea...I know just can’t help myself. I’m the kid who always wants to touch the bottom of the grill to see if it’s actually hot lol. I do the same when price is at a “top” and on some round number like it just was at 2035 and I was up a nice trade. Sort of stalled and I’m sitting in middle of uncertainty and as always should have just taken my positive pips and stepped aside for a few hours. I’m learning how to identify those feelings though and seeing how the price reacts at certain levels.

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