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  • #138,101
  • Aug 17, 2021 8:17am Aug 17, 2021 8:17am
Quoting 3Davy
{quote} Mine 1.1740. FOMC tomorrow so watch out for spikes.
1.1733 lock n watch for retracement
  • #138,102
  • Aug 17, 2021 8:28am Aug 17, 2021 8:28am
Quoting Endoephemera
Me thinks this is going to bounce back up with some drama... if only I knew when. ...lim buy 1.1735 ...executed and I'm already getting buyer's remorse... my TP is 1.175
I hope you get your TP as that is where I have another sell order in since I cashed out at 1.1739.
...because you never know - until you do!
  • #138,103
  • Aug 17, 2021 8:28am Aug 17, 2021 8:28am
my target is 11525. it will go slightly below. could take from a few days to 2 weeks
POSTMASTER
  • #138,104
  • Aug 17, 2021 8:33am Aug 17, 2021 8:33am
Quoting Robinhood1
my target is 11525. it will go slightly below. could take from a few days to 2 weeks
What makes you so confident that it will reach that low in such a short timeframe though?
A wise man changes his mind, a fool never will
  • #138,105
  • Aug 17, 2021 8:37am Aug 17, 2021 8:37am
Quoting Robinhood1
my target is 11525. it will go slightly below. could take from a few days to 2 weeks
200 hundred pips from current market price?
any analysis / reasons why it will drop too much for incoming weeks?

Thanks before.
  • #138,106
  • Aug 17, 2021 8:51am Aug 17, 2021 8:51am
Dont you guys get tired of people saying "11525 in a few days to 2 weeks", without further explanation and when the last time the price was there, was more than a year ago? If u are bold enough to make such claims, just ground it with arguments...
A vision without action is merely a dream.
  • #138,107
  • Aug 17, 2021 8:58am Aug 17, 2021 8:58am
Quoting 0pticFalleN
Dont you guys get tired of people saying "11525 in a few days to 2 weeks", without further explanation and when the last time the price was there, was more than a year ago? If u are bold enough to make such claims, just ground it with arguments...
yes
Trends have a higher probability of continuing than not.
  • #138,108
  • Aug 17, 2021 9:04am Aug 17, 2021 9:04am
Quoting 0pticFalleN
Dont you guys get tired of people saying "11525 in a few days to 2 weeks", without further explanation and when the last time the price was there, was more than a year ago? If u are bold enough to make such claims, just ground it with arguments...
The market is like an Elephant, you eat it in small bit chunks. 1.17300 was the key level today, no need to look beyond that until tomorrow. That is what contributes to overall success.

Guy
  • #138,109
  • Aug 17, 2021 9:05am Aug 17, 2021 9:05am
Folks.. Ignore "people".. Please stay focused.. Let's keep posting around EURUSD.. Thanks
Focus only on what truly matters!
  • #138,110
  • Aug 17, 2021 9:14am Aug 17, 2021 9:14am
Quick H4 Outlook

  1. Bears have it not easy: 1.1715/25 area is waiting to be penetrated!
  2. 1.1757 area is nearest resistance!

I hope it helps

Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #138,111
  • Aug 17, 2021 9:24am Aug 17, 2021 9:24am
15 pips away from Weekly channel support, the bulls are licking their lips
Attached Image (click to enlarge)
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  • #138,112
  • Aug 17, 2021 9:43am Aug 17, 2021 9:43am
Been following the page for a while, just reading and not replying. But I have a thought. I have recently been following options expiry. Here is a link to the most recent: https://www.forexlive.com/Orders/!/f...k-cut-20210816
Wondering if options traders waiting for the options to expire before sending this higher? They just expired, and the momentum is just carrying it lower IMO. Could be a nice reversal. @Guy1969, could be right
  • #138,113
  • Aug 17, 2021 10:04am Aug 17, 2021 10:04am
Quoting MrGuy
{quote} What makes you so confident that it will reach that low in such a short timeframe though?
After 21 years trading and overall loses maybe i can get it right some day
POSTMASTER
  • #138,114
  • Aug 17, 2021 10:04am Aug 17, 2021 10:04am
Quoting hans91
{quote} 200 hundred pips from current market price? any analysis / reasons why it will drop too much for incoming weeks? Thanks before.
After 21 years trading and overall loses maybe i can get it right some day
POSTMASTER
  • #138,115
  • Aug 17, 2021 10:15am Aug 17, 2021 10:15am
Quoting 0pticFalleN
Dont you guys get tired of people saying "11525 in a few days to 2 weeks", without further explanation and when the last time the price was there, was more than a year ago? If u are bold enough to make such claims, just ground it with arguments...
I presume your are long?
POSTMASTER
  • #138,116
  • Aug 17, 2021 10:25am Aug 17, 2021 10:25am
Quoting Robinhood1
{quote} I presume your are long?

Robinhood 1.1525 , my argument : I follow the market XD.
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  • #138,117
  • Aug 17, 2021 10:40am Aug 17, 2021 10:40am
Quoting SiamonSings
Looks like 1H 50/20 MA on DXY is preventing any advance. {image} While on EURUSD, 50/20 MA and my 38.2 angled fib channel is acting as support. {image} I have an active buy order@17760 targeting 18300 area (a weaker DXY). Mental Stop 1H close < 17500 (I'm expecting the 100MA to support)
Took a 25 pip hit (@17500) but then flipped immediately for a 32 pip gain. Waiting for Mr. Powell's speech. Taper or No Taper ?. Who cares but I'm going to sell for a 16750 target. on Sidelines for a good entry.
  • #138,118
  • Aug 17, 2021 10:47am Aug 17, 2021 10:47am
Quoting Robinhood1
Main support broken. Possibility {image}
for those who demand an argument to my predictions
POSTMASTER
  • #138,119
  • Aug 17, 2021 10:50am Aug 17, 2021 10:50am
Looking pretty bad
Attached Image (click to enlarge)
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POSTMASTER
  • #138,120
  • Aug 17, 2021 11:00am Aug 17, 2021 11:00am
As for where the EU goes NOW?

Attached Image

I'm a simple guy. Most days the range for EU is around 30-40 pips.

On big move days it goes up to 70-80 pips (August 6 & 13 - 81-78 pips respectfully). Today it's moved 73 pips.

So what does that mean to me?

I believe that EU BREAKS down thru 1.1713 and I'm targeting 1.1650 LONGER TERM.

Today? Well I'm not going to short anymore but I will place sell orders at 1.1740 up till 1.1750ish area. In the past I used to go long from here hoping it would get to 1.1740 before selling but all too frequently I lost $ doing that so now when the price is below the daily pivot all sales and the opposite is true when above the pivot.
...because you never know - until you do!
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