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EURUSD

  • #1,197,881
  • Jul 22, 2021 2:29pm Jul 22, 2021 2:29pm
Quoting Techanalyst
{quote} What is your trading experience with FXchoice? Are they good, any problems while trading, lagging, when you withdraw the money from your account, any issues or it gets into the bank account within 3-5 business days?
I have been with them for 4 years, They have many different withdrawal options for most clients, but only 2 options for USA residents. Also, they no longer accept new USA clients since last year. Something with their banking requirements. All other countries have 9-12 deposit and withdrawal options. The only one I have used so far is Bitcoin wallet. 3-5 days is normal, usually 3 days. As far as execution I don't see much lag at all, MT5. On MT4 there is noticeable delay on exits. Overall I am happy.
MY GRID. Markets are NOT random.
  • #1,197,882
  • Jul 22, 2021 4:55pm Jul 22, 2021 4:55pm
Quoting MrGuy
{quote} Is a 40-pip drop after a 60-pip hike really a MASSIVE rejection though?
The drop is a bit bigger now.
not counting out counter trend trades - looks like one might be coming up - my bias is to the downside.
a spike down will mean a challenge could be made on the peak, but we will see.
  • #1,197,883
  • Jul 22, 2021 5:51pm Jul 22, 2021 5:51pm
EURUSD on high volatility yesterday market, the price success to form new high, but then get selling pressure and success to bring the price landing at support zone.
RSI value on level 45, indicate bearish, but look formation candle, now price level at support zone, H1 last candle formed bulls candle.
Attached Image (click to enlarge)
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  • #1,197,884
  • Jul 22, 2021 10:05pm Jul 22, 2021 10:05pm
WWeekly pivot S1 support has bounced you yet again at 1760
  • #1,197,885
  • Jul 22, 2021 11:51pm Jul 22, 2021 11:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: H4 downtrend_Channel.png Size: 157 KB

Bulls set yesterday a Higher High but I see further chances for Bears as long as EU price moves in downtrend red channel. Only if price breaks top of red channel and moves above Daily middle Bollinger Band I will change my bearish view.
  • #1,197,886
  • Jul 22, 2021 11:54pm Jul 22, 2021 11:54pm
EU is bearish, a break opens the way to 1700

Attached Image (click to enlarge)
Click to Enlarge Name: 21ae3284fe4fb3d0a84fe2adbcf39b17.png Size: 61 KB
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  • #1,197,887
  • Jul 23, 2021 12:55am Jul 23, 2021 12:55am
Sell 1.1769 SL at 1.1782
  • #1,197,888
  • Jul 23, 2021 1:34am Jul 23, 2021 1:34am
Quoting EvilEye
{quote} The drop is a bit bigger now. not counting out counter trend trades - looks like one might be coming up - my bias is to the downside. a spike down will mean a challenge could be made on the peak, but we will see.
Yep, you're right. Approx 70-pip drop, therefore fairly substantial rejection.
A wise man changes his mind, a fool never will
  • #1,197,889
  • Jul 23, 2021 3:24am Jul 23, 2021 3:24am
Attached Image (click to enlarge)
Click to Enlarge Name: fa420f660a60732203e9914026914ba0.png Size: 220 KB

I consider 1. 17 84 a good selling point . . . .

  • #1,197,890
  • Jul 23, 2021 3:27am Jul 23, 2021 3:27am
Attached Image (click to enlarge)
Click to Enlarge Name: 360d5c7bcefb1c1d0b325e76eb217ec7.png Size: 197 KB

Update of the situation in $JY . So far so good . . . . .

  • #1,197,891
  • Jul 23, 2021 4:01am Jul 23, 2021 4:01am
Quoting OnlineAddict
Don't buy EU below 1800, if you hate money. I see many people here hate money, good for you!
I think EU will be grinding down, with a decent target below.
same with GU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 32 KB
Click to Enlarge Name: EURUSDDaily.png Size: 33 KB
Click to Enlarge Name: EURUSDDaily1.png Size: 29 KB
Compulsions can be hard to resist
  • #1,197,892
  • Jul 23, 2021 4:28am Jul 23, 2021 4:28am
Quoting F.g
{image} I consider 1. 17 84 a good selling point . . . .
Good entry, H4 Middle BB was good rejection
  • #1,197,893
  • Jul 23, 2021 5:12am Jul 23, 2021 5:12am
Looking for a close on 4hr chart below 1.1755, going short!
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_20210723_11.11.png Size: 128 KB
  • #1,197,894
  • Jul 23, 2021 6:07am Jul 23, 2021 6:07am
Quoting trumps
{quote} I think EU will be grinding down, with a decent target below. same with GU {image} {image} {image}
monthly chart for eu is decidedly downward. but that can take weeks to resolve so my expectation is more of what happened yesterday. headfakes down and the backup again. rinse and repeat. until bulls and bears have had it, then she'll go down.

sell all rallies and close around 1.176 ish imo.
In tea leaves we trust!
  • #1,197,895
  • Jul 23, 2021 6:21am Jul 23, 2021 6:21am
1750
Attached Image
  • #1,197,896
  • Jul 23, 2021 6:28am Jul 23, 2021 6:28am
Quoting PatienceFx
1750 {image}
may also drop to 1730 if news is strong
  • #1,197,897
  • Jul 23, 2021 6:31am Jul 23, 2021 6:31am
selected 1750 for this reason
Attached Image
  • #1,197,898
  • Jul 23, 2021 6:37am Jul 23, 2021 6:37am
definitely shorts building here (more then yesterday). can they push it through? we'll see.

will be selling any rally short-term
In tea leaves we trust!
  • #1,197,899
  • Jul 23, 2021 6:44am Jul 23, 2021 6:44am
Quoting Mcbeaners
{quote} if you are refering to me? i was only refering to the idea that it might go to 1.16 but that it is more likely that it will go to 1.2 first.
Yes, I was. Thank you for clarifying!
  • #1,197,900
  • Jul 23, 2021 7:05am Jul 23, 2021 7:05am
Quoting Js3mwtRc
EU is bearish, a break opens the way to 1700 {image}
If, we are bears we don't like the price to move above the long tails, especially the upper one.

Attached Image (click to enlarge)
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