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EURUSD

  • #1,194,561
  • May 21, 2021 5:48am May 21, 2021 5:48am
Somethings will never change. This is the proof that there are majority of traders that absolutely gamble and are very unfamiliar with trading/investing. Trade safe.

https://fxssi.com/tools/current-ratio

https://www.dailyfx.com/sentiment

https://www.myfxbook.com/community/outlook
  • #1,194,562
  • May 21, 2021 6:23am May 21, 2021 6:23am
In my book this is buy-land. We *will* go up... eventually.
Price cut down two liquidity pockets in order to clear them before heading on up today at London open.
  • #1,194,563
  • May 21, 2021 7:12am May 21, 2021 7:12am
Personally, I wouldn't buy again before it breaks out above 1.2245.
  • #1,194,564
  • May 21, 2021 7:27am May 21, 2021 7:27am
Quoting Js3mwtRc
The EU runned 0,73% not bad after a taper talk from the FED and a slower economic recovery from US! {image}
Worked for the bears!

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Looking for profitable short term trades ...|
  • #1,194,565
  • May 21, 2021 8:02am May 21, 2021 8:02am
Quoting techanalyst
somethings will never change. This is the proof that there are majority of traders that absolutely gamble and are very unfamiliar with trading/investing. Trade safe. https://fxssi.com/tools/current-ratio https://www.dailyfx.com/sentiment https://www.myfxbook.com/community/outlook
i did not abandon ship
Attached Image
  • #1,194,566
  • May 21, 2021 8:28am May 21, 2021 8:28am
Hey just want to say thank you all for your generosity with your knowledge and insight on trading. I learn so much and realize I still have much to learn, and because of this forum I am really beginning to understand where my trading strengths and weaknesses are. I also do much much better by following the consensus from the seasoned traders here than I have ever done on my own. Thank you.
  • #1,194,567
  • May 21, 2021 8:48am May 21, 2021 8:48am
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I think 1.21 60-70 will be soon reached.........imho....

  • #1,194,568
  • May 21, 2021 9:05am May 21, 2021 9:05am
Quoting F.g
{image} I think 1.21 60-70 will be soon reached.........imho....
I am trading both directions and taking profit where there is opportunity to do so.
Learn from your mistakes and march on.
  • #1,194,569
  • May 21, 2021 9:14am May 21, 2021 9:14am
Don't fall for the market maker's tricks! Keep the bigger picture in mind.
Learn from your mistakes and march on.
  • #1,194,570
  • May 21, 2021 9:20am May 21, 2021 9:20am
Retail is adding more shorts. How do you think that is going to turn out?
Learn from your mistakes and march on.
  • #1,194,571
  • May 21, 2021 9:21am May 21, 2021 9:21am
Quoting here2there
Don't fall for the market maker's tricks! Keep the bigger picture in mind.
Have you looked at the current COT? Looks like they've added to their Euro short positions. What thoughts do you have on that? Trying to learn how others think.
  • #1,194,572
  • May 21, 2021 9:28am May 21, 2021 9:28am
Quoting sixconrads
{quote} Have you looked at the current COT? Looks like they've added to their Euro short positions. What thoughts do you have on that? Trying to learn how others think.
Not sure what you are looking at, but the COT report has not been released yet. Last one shows they added more to their long positions.

Source

Attached Image (click to enlarge)
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Learn from your mistakes and march on.
  • #1,194,573
  • May 21, 2021 9:32am May 21, 2021 9:32am
Quoting here2there
{quote} Not sure what you are looking at, but the COT report has not been released yet. Last one shows they added to their long positions.
Sorry! Yeah, I totally screwed that up. Still trying to figure this all out to get an edge to help.
  • #1,194,574
  • May 21, 2021 9:46am May 21, 2021 9:46am
Quoting sixconrads
{quote} Sorry! Yeah, I totally screwed that up. Still trying to figure this all out to get an edge to help.
COT, Weekly Chart, and Sentiment give market direction.

Supply and Demand zones provide us with potential targets and potential entry points.

The following indicator makes it easy to find Supply and Demand zones.

Attached File(s)
File Type: mq4 SupDem Box button 1.02.mq4   18 KB | 287 downloads

Weekly chart is good for direction, Daily is good for signals, and 4HR is good for entries.

Look for engulfing candles, inside bars, pin bars, and tweezers at major areas of support and resistance. Use daily chart to find these areas. Use zigzag indicator set to 5,5,3 to make it easier for yourself. Also, if these candlestick patterns show up when RSI is in overbought or oversold, it is usually a good sign. Learn about finding divergence on RSI, as it helps to confirm trading decisions. I like to keep my RSI period set to 7.
Learn from your mistakes and march on.
  • #1,194,575
  • May 21, 2021 9:51am May 21, 2021 9:51am
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I took prfts at 21 76..... My TP at 71 was missed by a hair.....

  • #1,194,576
  • May 21, 2021 9:53am May 21, 2021 9:53am
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JY 5' My SL and TP positions ready to be hit....SOON ...

  • #1,194,577
  • May 21, 2021 9:55am May 21, 2021 9:55am
Quoting here2there
{quote} COT, Weekly Chart, and Sentiment give market direction. Supply and Demand zones provide us with potential targets and potential entry points. The following indicator makes it easy to find Supply and Demand zones. {file} Weekly chart is good for direction, Daily is good for signals, and 4HR is good for entries. Look for engulfing candles, inside bars, pin bars, and tweezers at major areas of...
Thanks for the help, greatly appreciated.
  • #1,194,578
  • May 21, 2021 10:05am May 21, 2021 10:05am
Quoting sixconrads
{quote} Thanks for the help, greatly appreciated.
No problem. That's what I'm here for.
Learn from your mistakes and march on.
  • #1,194,579
  • May 21, 2021 2:48pm May 21, 2021 2:48pm
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I reversed to long as shown on chart

  • #1,194,580
  • May 21, 2021 2:49pm May 21, 2021 2:49pm
Quoting Js3mwtRc
{quote} Altogether may make one, don't be selfish!
Yes, 1% of that would take too long ...
"No pain no gain"
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