Still waiting for ECB
- #136,642
- Jul 22, 2021 2:37am Jul 22, 2021 2:37am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
Good Morning.
Normally if market finds the coming ecb anouncement important it goes to neutral price = todays pivot = 1.1784
Targets to the upside are 1.1807 and 1.1820.
But one could as well analyze the usd index 92.75 now and support at 92.70/92.60/92.50 zones
Trends have a higher probability of continuing than not.
- #136,645
- Jul 22, 2021 3:01am Jul 22, 2021 3:01am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #136,647
- Jul 22, 2021 3:14am Jul 22, 2021 3:14am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #136,648
- Jul 22, 2021 3:31am Jul 22, 2021 3:31am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Good morning y'all, it's been a while I made a post. Been busy finalizing my school stuffs.
Anyways, I have been watching the market daily, even though I wasn't trading.
Keep in mind that we have a hammer with a demand yesterday signifying the presence of bulls. To this effect I am buying dips.
I have a buy limit @ 1.17626
Sl 50 pips as usual
Tp @ 1.18682(Ecb loves extreme movement. IMO, that's the target).
Anyways, I have been watching the market daily, even though I wasn't trading.
Keep in mind that we have a hammer with a demand yesterday signifying the presence of bulls. To this effect I am buying dips.
I have a buy limit @ 1.17626
Sl 50 pips as usual
Tp @ 1.18682(Ecb loves extreme movement. IMO, that's the target).
Risk comes from not knowing what to do
- #136,650
- Jul 22, 2021 3:43am Jul 22, 2021 3:43am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #136,651
- Jul 22, 2021 4:12am Jul 22, 2021 4:12am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
...because you never know - until you do!
- #136,652
- Jul 22, 2021 4:17am Jul 22, 2021 4:17am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} Sweet pick up on the words of the the UK dolt (sorry but inflation is NOT going to be transitory here in USA). For me it all depends on how the market interprets the ECB no action (IMHO)
*Based on monthly the only thing that halts bears is 1.1800... 7 work days left for month to end..
Focus only on what truly matters!
- #136,653
- Jul 22, 2021 4:21am Jul 22, 2021 4:21am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
New sell order: 1.1795 Stops at least 25 pips or higher.. TP: open..
For me looking at the comments from the UK guy and the resulting candle with wick indicates strong upward pressure. Nevertheless that strong resistance trend line has held for awhile.
I can make a case for either way - up or down. So since my crystal ball is in the shop I'm going to go run until the ECB.
...because you never know - until you do!
- #136,654
- Jul 22, 2021 4:24am Jul 22, 2021 4:24am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} Ata I'm confused because in your prior post you talked about buying dips - now in 1 hour you are short? For me looking at the comments from the UK guy and the resulting candle with wick indicates strong upward pressure. Nevertheless that strong resistance trend line has held for awhile. I can make a case for either way - up or down. So since my crystal ball is in the shop I'm going to go run until the ECB. {image}In search of the ECB
Focus only on what truly matters!
- #136,655
- Jul 22, 2021 4:52am Jul 22, 2021 4:52am
Hey i'm new here. My name is Rainer and I've been dealing with the markets for about 1 1/2 years. I tried to at least concentrate on Japanese candles and chart patterns. here in the eur / usd I am very long directed. we may see a fairly large pennant. I'm watching the eur / usd in the D1 / W1 / M and the upward trend is still intact, but as I said, we may develop a pennant here. I keep looking for long entries in the area (1.17200 / 1.17600) I am exclusively long term oriented Holding period of several days / weeks with several boarded. Yes! this text is from google translate i really hope you can read it. Thanks for reading Rainer
- #136,656
- Jul 22, 2021 5:05am Jul 22, 2021 5:05am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Hey i'm new here. My name is Rainer and I've been dealing with the markets for about 1 1/2 years. I tried to at least concentrate on Japanese candles and chart patterns. here in the eur / usd I am very long directed. we may see a fairly large pennant. I'm watching the eur / usd in the D1 / W1 / M and the upward trend is still intact, but as I said, we may develop a pennant here. I keep looking for long entries in the area (1.17200 / 1.17600) I am exclusively long term oriented Holding period of several days / weeks with several boarded. Yes! this...
Focus only on what truly matters!
- #136,657
- Jul 22, 2021 5:08am Jul 22, 2021 5:08am
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
{quote} Do as it pleases you.. Good luck
"No pain no gain"
- #136,658
- Jul 22, 2021 5:10am Jul 22, 2021 5:10am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #136,659
- Jul 22, 2021 5:13am Jul 22, 2021 5:13am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} - I have a 1,182 limit sell order,
Focus only on what truly matters!