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  • #137,941
  • Aug 13, 2021 6:54am Aug 13, 2021 6:54am
Quoting Robinhood1
{quote} I beleive that if price does not break 11780 before next wednesday and it does after, then we are in a strong bullish trend. If it breaks before i will close with some loses and the market will continue down. Time and speed can determine direction as i see it.
If 11780 is hit before thursday(not wednsday) then i´ll be closing longs and going short to aprox 11670 according to actual pattern
POSTMASTER
  • #137,942
  • Aug 13, 2021 7:14am Aug 13, 2021 7:14am
I'm closing my buy of yesterday for 35 pips. Have a good weekend all.

Guy
  • #137,943
  • Aug 13, 2021 7:16am Aug 13, 2021 7:16am
Not advisable to sell this till atleast 1.18760
Risk comes from not knowing what to do
  • #137,944
  • Aug 13, 2021 7:17am Aug 13, 2021 7:17am
Quoting bigiivan
Today or tomorrow we are going to visit 1,17534?
Ok, now I have my answer. Thank you!
Ok, today or on Monday we will visit 1,1800?
  • #137,945
  • Aug 13, 2021 7:41am Aug 13, 2021 7:41am
Once again we are witnessing classic Friday move for EU and US Treasury bond yields turn south for no clear reason

Trade safe
Happy Trading
Trades technical moves enforced by fundamentals
  • #137,946
  • Aug 13, 2021 7:42am Aug 13, 2021 7:42am
Meanwhile, I am waiting to see bulls fly beyond 70 and fall down, from which high I will have my swing SL at last.

Was waiting for that, sold 1768 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,947
  • Aug 13, 2021 7:43am Aug 13, 2021 7:43am
be confident in EU with your trade logic and trade setup

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  • #137,948
  • Aug 13, 2021 7:50am Aug 13, 2021 7:50am
A lot of waiting in the last couple hour ! My inner child is even more present today I guess.


I started with the idea "trying to finish building my house's roof in the center of the Toreador"

Then it all broke loose as you all see
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,949
  • Aug 13, 2021 7:57am Aug 13, 2021 7:57am
Quoting lostup
be confident in EU with your trade logic and trade setup {image}
Always apply good money management in all your trades, no matter how confident you are about the direction. It will help you stay in the game for the long run
Risk comes from not knowing what to do
  • #137,950
  • Aug 13, 2021 8:19am Aug 13, 2021 8:19am
I’ll be trying a short at 1.17908, it’s my resistance line + horizontal level. 10 pip stop
  • #137,951
  • Aug 13, 2021 8:23am Aug 13, 2021 8:23am
Quoting sat1970
{quote} Buy stop triggered.. now waiting for the price to reach 1.17713, and the trades will be done.
Done.. Out with recovery..
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  • #137,952
  • Aug 13, 2021 8:29am Aug 13, 2021 8:29am
Quoting yvestrcz
I am placing a sell limit @ 1.1769, TP perhaps 10 or 12 pips only. Edit: corrected to 1.1768, now a pip lower. I hate when price doesn't reach BE by few points/tenths of pips only...
I was lucky to jump off the sell train at about 1.1762 as I could see no more drop is likely to happen.
However, I am now in another short trade, TP around 1.1740, SL relatively tight (I won't let it go above 1.1780 in case it get there).
  • #137,953
  • Aug 13, 2021 8:39am Aug 13, 2021 8:39am
For us less-experienced traders, can I ask what is today's strategy to maximise profits on the EU price bounce?
Also, what are your expectations and trading plans for Monday?
Thanks in advance.
  • #137,954
  • Aug 13, 2021 8:43am Aug 13, 2021 8:43am
I'm short as well from 1.1760. TP open. Eyeing the UoM sentiment results to give a momentum boost to bears.
  • #137,955
  • Aug 13, 2021 8:54am Aug 13, 2021 8:54am
Quoting MXMmo
For us less-experienced traders, can I ask what is today's strategy to maximise profits on the EU price bounce? Also, what are your expectations and trading plans for Monday? Thanks in advance.
close longs 1.1765
Attached Image

and sell 1.1795
Trends have a higher probability of continuing than not.
  • #137,956
  • Aug 13, 2021 8:55am Aug 13, 2021 8:55am
IMHO
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  • #137,957
  • Aug 13, 2021 9:02am Aug 13, 2021 9:02am
Quoting eurusd-thijs
{quote} close longs 1.1765 {image} and sell 1.1795
usd news was negative, should we still sell on EURUSD?
  • #137,958
  • Aug 13, 2021 9:12am Aug 13, 2021 9:12am
Quoting sat1970
IMHO {image}
We are not dropping today, we are heading to 1.18760 area, that's where you should think about selling
Risk comes from not knowing what to do
  • #137,959
  • Aug 13, 2021 9:13am Aug 13, 2021 9:13am
1.1785 could be darkest hour for bears.. Let's see..
Focus only on what truly matters!
  • #137,960
  • Aug 13, 2021 9:14am Aug 13, 2021 9:14am
Quoting Austyno
Red diamond y'all The way i see it, this week will most likely close bullish with a hammer, reason being that we are in the process of making what looks like a double bottom and we just had a bullish engulfing candle yesterday indicating the presence of bulls. The real question for the week is will price close above 1.18350 or not. i am inclined to buy dips. If the double bottom scenario plays out, we could be in a bull run to 1.28800 till end of year.
Risk comes from not knowing what to do
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