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  • #1,193,881
  • May 7, 2021 8:35am May 7, 2021 8:35am
Great op to buy EU again...back to LONG at 1.21 ..after all i exited 1.21400 so it's still good for me.To revisit daily top only
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,193,882
  • May 7, 2021 8:36am May 7, 2021 8:36am
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  • #1,193,883
  • May 7, 2021 8:40am May 7, 2021 8:40am
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We might have seen the top at46.........but my confidence is LOW..... I have 2 short shots , just to be in the game.

We must see price below 1.20 59 to start being confident on the bearish side.... Till then everything is hazy....

  • #1,193,884
  • May 7, 2021 8:43am May 7, 2021 8:43am
Quoting F.g
{image} We might have seen the top at46.........but my confidence is LOW..... I have 2 short shots , just to be in the game. We must see price below 1.20 59 to start being confident on the bearish side.... Till then everything is hazy....
Bulls need a close above 20710, and test for support.
Learn from your mistakes and march on.
  • #1,193,885
  • May 7, 2021 8:46am May 7, 2021 8:46am
Shorting EURUSD is not something I would do at this time.
Learn from your mistakes and march on.
  • #1,193,886
  • May 7, 2021 9:07am May 7, 2021 9:07am
Quoting Techanalyst
In order to have a good broker, make sure that they are: Regulated by investment industry regulatory Investor protection fund member. If they have those two options you are good, in case they go bankrupt, out of business, you will get your full refund. If they are not under those two options, stay away from it.
I understand now. You are right about COT.
Learn from your mistakes and march on.
  • #1,193,887
  • May 7, 2021 9:13am May 7, 2021 9:13am
guys just trade what you feel is right, you and only you are the best
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  • #1,193,888
  • May 7, 2021 9:17am May 7, 2021 9:17am
Out EU another 35 pips 1.21 -1.21350 ,total 175 pips on EU this week.I won't touch it for a while
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,193,889
  • Edited 9:58am May 7, 2021 9:37am | Edited 9:58am
Quoting james1254
Do you think it is forming a double top at 1.2150?
When these traders swich to long,go short.

Poor retail traders.
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  • #1,193,890
  • May 7, 2021 9:45am May 7, 2021 9:45am
Quoting Js3mwtRc
NFP today, but looking at this chart - Daily, I can think its going to continue up. {image}
This was accurate

Quoting Js3mwtRc
Too many options. I just picked up one for NFP. {image}
This worked too!

Quoting Js3mwtRc
Strong move {image}
... and this one failed to reach support around 2040.
Looking for profitable short term trades ...|
  • #1,193,891
  • May 7, 2021 9:52am May 7, 2021 9:52am
2148 exit collected , excellent week
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  • #1,193,892
  • May 7, 2021 9:57am May 7, 2021 9:57am
It's friday profit taking for the bulls.. time to scalp the pullback for 50pips
Only an idiot knows with certainty to where the market is going.
  • #1,193,893
  • May 7, 2021 10:12am May 7, 2021 10:12am
eu buy until 1.232-1.233
  • #1,193,894
  • May 7, 2021 10:37am May 7, 2021 10:37am
Quoting MrBullBear
It's friday profit taking for the bulls.. time to scalp the pullback for 50pips
was thinking the same thing but how do you see the 2150/60 area maybe getting broken / held. That’s a long standing high I believe. I’m long from 2111 having got in on the retrace of the initial move (after losing 2 small shorts the hour before trying to catch the knife) and thinking should just take my pips collected and call it a week.

the real burn is I closed my small longs from yesterday in some ok profits before NFP. Was a couple trades I had nursed for awhile last week and finally had in an ok spot and didn’t want to end the week with NFP spike taking that all away
--post hoc ergo propter hoc--
  • #1,193,895
  • May 7, 2021 11:06am May 7, 2021 11:06am
Quoting 3Davy
{quote} When these traders swich to long,go short. Poor retail traders. {image}
On the wrong side as always
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  • #1,193,896
  • May 7, 2021 11:19am May 7, 2021 11:19am
Quoting Monk
{quote} was thinking the same thing but how do you see the 2150/60 area maybe getting broken / held. That’s a long standing high I believe. I’m long from 2111 having got in on the retrace of the initial move (after losing 2 small shorts the hour before trying to catch the knife) and thinking should just take my pips collected and call it a week. the real burn is I closed my small longs from yesterday in some ok profits before NFP. Was a couple trades I had nursed for awhile last week and finally had in an ok spot and didn’t want to end the week...
Possibility of breaking it is high but this is eow, i closed my longs and scalp the pullback.
Only an idiot knows with certainty to where the market is going.
  • #1,193,897
  • May 7, 2021 11:26am May 7, 2021 11:26am
2030/40 was the biggest options expiry level of the week (I call this weekly) with over 3 bn Euro orders. These prices now have expired and the price is far from it, but it can work again when eventually and if, price gets there again.

Why I think price will get there! Many people won, or lost money (really sorry) from these trades and when the winners stop winning and price stops its advance, or fall somewhere on a support the rule of reverse to the mean, tells us it will sometime. So I stay alert and wait to scalp these levels, both sides.

I also keep a strict rule of 1 risk for 2 reward at least.

I hope you like them and make money using them with your analysis.
Looking for profitable short term trades ...|
  • #1,193,898
  • May 7, 2021 11:42am May 7, 2021 11:42am
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Daily ....... I try to figure what pattern E. is making now with these new highs.... I suspect it s an X wave arriving at 1.21 84~

Just a guess......

  • #1,193,899
  • May 7, 2021 11:53am May 7, 2021 11:53am
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  • #1,193,900
  • May 7, 2021 2:40pm May 7, 2021 2:40pm
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JY and E 5' Kindly note the divergence... E. making new highs and $JY unable to make new lows....

Let s see if 1.21 84 will be attained or not...???

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