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  • #138,821
  • Aug 27, 2021 9:19am Aug 27, 2021 9:19am
Quoting bigiivan
{quote} So far, so ... It took too much time- 1,17178 cleared. Obviously 1,1804 will remain for the next week. Or?
Another solder down- 1,1800. Wonderful!
Have we got enough power to take down 1,1804 today? Let's see!
  • #138,822
  • Aug 27, 2021 9:20am Aug 27, 2021 9:20am
Quoting 3Davy
{quote} A spike up to kill al the stops. The trend is still down.Iam not buying.
Depends on what time frame you are referring to..

Anyway, in my opinion, market has now stepped into "shifting" phase based on DAILY.. We could see sideways pa for the next 2 to 3 days or so..

I suggest to make 1.1745 your main support! Especially for the next week. (Also remember: Tuesday is end of month!)
Focus only on what truly matters!
  • #138,823
  • Aug 27, 2021 9:20am Aug 27, 2021 9:20am
Quoting josip
dont know what Powell said. but downtrend is changing to UP.
not yet, i still see 1380 or 1410 but this downtrend will start in november or december ...the power of MA... i think
  • #138,824
  • Aug 27, 2021 9:21am Aug 27, 2021 9:21am
Quoting josip
dont know what Powell said. but downtrend is changing to UP.
he did not say the word taper.....yet

from forexlive:

  1. EURUSD: The EURUSD is moving up to test the swing highs from August 13 and August 16 between 1.1800 at 1.18044. The high price just reached 1.1799. A move above that level would target the 61.8% retracement of the move down from the July 30 high at 1.18146. The move to the upside cracked above the 50% retracement 1.17857 of the same move lower. That will now be eyed as a close support level.

Trends have a higher probability of continuing than not.
  • #138,825
  • Aug 27, 2021 9:24am Aug 27, 2021 9:24am
Quoting eurusd-thijs
{quote} he did not say the word taper.....yet
He did though, a few times.
A wise man changes his mind, a fool never will
  • #138,826
  • Aug 27, 2021 9:25am Aug 27, 2021 9:25am
Quoting bigiivan
{quote} Another solder down- 1,1800. Wonderful! Have we got enough power to take down 1,1804 today? Let's see!
Ending part of Friday was a nice climax for you.. You are allowed to light up a cigarette now..
Focus only on what truly matters!
  • #138,827
  • Aug 27, 2021 9:28am Aug 27, 2021 9:28am
Quoting MrGuy
{quote} He did though, a few times.

What I understood is they will remain flexible, they are planning to start tapering but if needed they will support the market. So more days of this coming up I guess
  • #138,828
  • Aug 27, 2021 9:29am Aug 27, 2021 9:29am
Quoting Ata-Turkoglu
Okay.. I got the idea.. First I am putting a pending sell limit order to 1.1795.. Let's see.. (stops at least 15 pips)
Closing this one and finalizing my day with an extra +10 pips.. Next: Watch out for 1.1804..

I am calling it a day and week folks...

Enjoy your weekends
Focus only on what truly matters!
  • #138,829
  • Aug 27, 2021 9:32am Aug 27, 2021 9:32am
Quoting Ata-Turkoglu
{quote} Ending part of Friday was a nice climax for you.. You are allowed to light up a cigarette now..

Can I take a little whiskey with it? Thank you!
  • #138,830
  • Aug 27, 2021 9:34am Aug 27, 2021 9:34am
Quoting Ata-Turkoglu
{quote} Closing this one and finalizing my day with an extra +10 pips.. Next: Watch out for 1.1804.. I am calling it a day and week folks... Enjoy your weekends
Ja Bro, relax, now that you've warmed up,, let's play one more game... Just kidding my friend, have a nice weekend , thank you for your views here.
Hug!
"No pain no gain"
  • #138,831
  • Aug 27, 2021 9:36am Aug 27, 2021 9:36am
Attached Image
"Your Habits Will Determine Your Future"
  • #138,832
  • Aug 27, 2021 9:45am Aug 27, 2021 9:45am
Quoting Eren10
{quote} What I understood is they will remain flexible, they are planning to start tapering but if needed they will support the market. So more days of this coming up I guess
True, but he did specifically say that certain criteria had been met which would add weight to the prospect of tapering occurring (or at least beginning) by the end of the year.
A wise man changes his mind, a fool never will
  • #138,833
  • Aug 27, 2021 9:56am Aug 27, 2021 9:56am
my view
R -1.1820 (H4)
R - 1.18 (H1)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hq.png Size: 43 KB
Click to Enlarge Name: eur.png Size: 42 KB
Trendlines H1,H4, SMC
  • #138,834
  • Aug 27, 2021 10:01am Aug 27, 2021 10:01am
Quoting Robinhood1
Looks like there will be some rock n roll till last minute friday
Most of my posts are followed by drastic movements. I better be quiet or maybe you guys be on guard
POSTMASTER
  • #138,835
  • Aug 27, 2021 10:05am Aug 27, 2021 10:05am
Ok. I am going to talk. I hope this 1 hour candle breaks below 11730. forget about news
POSTMASTER
  • #138,836
  • Aug 27, 2021 10:49am Aug 27, 2021 10:49am
1.1784 being quite supportive for now, hoping for a dip to 1.1752 before going back up.
A wise man changes his mind, a fool never will
  • #138,837
  • Aug 27, 2021 12:34pm Aug 27, 2021 12:34pm
Next week gonna be looking at 17750 for long EPs
A vision without action is merely a dream.
  • #138,838
  • Aug 27, 2021 1:36pm Aug 27, 2021 1:36pm
Quoting eurusd-thijs
{image}from traderview
  • #138,839
  • Aug 27, 2021 2:00pm Aug 27, 2021 2:00pm
Quoting Traderview
{image} {image}
Update: Fine tuned. Watch out this RED TL.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (657).png Size: 226 KB
  • #138,840
  • Aug 27, 2021 2:12pm Aug 27, 2021 2:12pm
1.1825-35 seems like an interesting confluence area

Attached Image (click to enlarge)
Click to Enlarge Name: EUR4038.png Size: 70 KB
Attached File(s)
File Type: ex4 _Quater_Lines.ex4   19 KB | 333 downloads
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