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EURUSD only

  • #137,061
  • Jul 29, 2021 6:23am Jul 29, 2021 6:23am
We talk only around EURUSD and US Index.. Newcomers should read rules on page 1 first.. Thanks

*If you catch me disliking posts like that it is only to hide them.. Just know that those are no real dislikes..
Focus only on what truly matters!
  • #137,062
  • Jul 29, 2021 6:27am Jul 29, 2021 6:27am
Small timeframe traders could now trail their stops to 1.1872 to tighten and lock profits of their long orders..
Focus only on what truly matters!
  • #137,063
  • Jul 29, 2021 6:39am Jul 29, 2021 6:39am
Let me now check on our far eastern friends all over Asia.. Are you guys still lurking around? You should be sleeping right now or am I wrong? Any Asians here still sipping from their ultra black coffees? Oh wait.. I think still evening hours there.. so they are probably having dinner..

Meanwhile on M15.. I think bears are finally attempting to retest 1.1860 area.. That's where I am planning to buy the dip.. No rush!
Focus only on what truly matters!
  • #137,064
  • Jul 29, 2021 6:52am Jul 29, 2021 6:52am
Its Tea Time Over now
  • #137,065
  • Jul 29, 2021 6:56am Jul 29, 2021 6:56am
These bulls are fat and beefy. They're not gonna give up just like that. Plus the US data expectations are set relatively high to meet or exceed. In other words, the news release in about half an hour might trigger something, direction of which is still only written in the stars.
  • #137,066
  • Jul 29, 2021 6:57am Jul 29, 2021 6:57am
now is the time for a swim in the sea and a cold beer by the beach
  • #137,067
  • Jul 29, 2021 7:10am Jul 29, 2021 7:10am
Quoting matjaz1982
now is the time for a swim in the sea and a cold beer by the beach
That sounds good but don't forget about the boys...they're getting warmed up!
Attached Image
...because you never know - until you do!
  • #137,068
  • Jul 29, 2021 7:14am Jul 29, 2021 7:14am
Quoting yvestrcz
These bulls are fat and beefy. They're not gonna give up just like that. Plus the US data expectations are set relatively high to meet or exceed. In other words, the news release in about half an hour might trigger something, direction of which is still only written in the stars.
Here's the problem::

GDP is expected at 8%+....

IF it prints that high expect EVERYONE to cry about tapering too soon - so 7.5% GDP and above = sell off

IF it prints lower than 4% then EVERYONE will cry that the economy is slowing and = sell off

IF it prints between 4-7% AND unemployment claims are less than expected than BULL BLAST OFF; WHY?

There are LOTS of people just waiting to short and short well good news results in SHORT SQUEEZE.

Guess where my $ is.....
...because you never know - until you do!
  • #137,069
  • Jul 29, 2021 7:22am Jul 29, 2021 7:22am
Quoting fxsport
{quote} Here's the problem:: GDP is expected at 8%+.... IF it prints that high expect EVERYONE to cry about tapering too soon - so 7.5% GDP and above = sell off IF it prints lower than 4% then EVERYONE will cry that the economy is slowing and = sell off ...
Well, not necessarily. It could be also:
Lower GDP readings = delayed tapering = longer free money = $ down = EUR up
  • #137,070
  • Jul 29, 2021 7:34am Jul 29, 2021 7:34am
SWEET NUMBERS! GOLDILOCKS RESULTS

Just stay long and hold on...Attachment t
...because you never know - until you do!
  • #137,071
  • Jul 29, 2021 7:35am Jul 29, 2021 7:35am
Bulls are still playing peek-a-boo Remember to bite your "finger" each time it rushes to the sell button..
Focus only on what truly matters!
  • #137,072
  • Jul 29, 2021 7:36am Jul 29, 2021 7:36am
Quoting zippo22
{quote} Well, not necessarily. It could be also: Lower GDP readings = delayed tapering = longer free money = $ down = EUR up
You nailed it Zippo......
...because you never know - until you do!
  • #137,073
  • Jul 29, 2021 7:39am Jul 29, 2021 7:39am
Quoting Ata-Turkoglu
Bulls are still playing peek-a-boo Remember to bite your "finger"..
Just warming up...
Attached Image
They are taking aim at 1.1880 FIRST then 1.19 the RED SHIRT!
...because you never know - until you do!
  • #137,074
  • Jul 29, 2021 7:39am Jul 29, 2021 7:39am
Quoting fxsport
{quote} Just warming up...{image}They are taking aim at 1.1880 FIRST then 1.19 the RED SHIRT!
Focus only on what truly matters!
  • #137,075
  • Jul 29, 2021 7:48am Jul 29, 2021 7:48am
Took short with SL on 1.1908, not impressive reaction for GDP data, time to turn to south.
Everyone makes mistakes, but only few use equity management.
  • #137,076
  • Jul 29, 2021 7:49am Jul 29, 2021 7:49am
Quoting SiamonSings
{quote} I missed my buy entry by a few pips but eventually got in about 10 pips late. Took profit around 18350 area. My first post FOMC order didn't go well though. Took a 25 pip hit on that one. Moving on. Have a buy order waiting at 1.18200 targeting 1.18850 area. SL: open I also have an active sell order from 1.18450 targeting 12+ pips (yeh yeh i'm greedy !!!). {image}
sold at 1.18825 per this plan. Targeting 18475
  • #137,077
  • Jul 29, 2021 7:50am Jul 29, 2021 7:50am
I have 1.1859 based on M15... I don't think it will go much lower than that.. at least not today..
Focus only on what truly matters!
  • #137,078
  • Jul 29, 2021 7:52am Jul 29, 2021 7:52am
This is in the Breaking News but Candles not considering it

Attached Image (click to enlarge)
Click to Enlarge Name: 11822286e7217203252880951f5f1677.png Size: 502 KB


And see how the Candles Dance Tommorrow during EUR GDP News

Attached Image (click to enlarge)
Click to Enlarge Name: 641f16ef8a0c88c8002d1e9d43510e58.png Size: 165 KB
  • #137,079
  • Jul 29, 2021 7:55am Jul 29, 2021 7:55am
For the next 5 hours or so (i.e. until volume begins to drop), these are my crucial H4 s/r levels.. 1.1867 area is nearest support backed up by 1.1851..
Attached Image (click to enlarge)
Click to Enlarge Name: H4_Status.png Size: 34 KB
Focus only on what truly matters!
  • #137,080
  • Jul 29, 2021 7:59am Jul 29, 2021 7:59am
Quoting lucky1359
This is in the Breaking News but Candles not considering it {image} And see how the Candles Dance Tommorrow during EUR GDP News {image}
Do you know what else grows "solidly"? Cancer cells... The way USA is governed since Bush Jr. is faulty, but nobody admits it yet..
Focus only on what truly matters!
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