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EURUSD only

Quoting Endoephemera
{quote} My long as been driven into loss. After careful readings of voodoo signs and interpretation of my dreams, I've concluded I should increase the long and hold out for 50 PiPs profit. Edit. To be frank, a lot of chicken entrails were also involved.
This extended retr. down is a great opportunity to refill my longs. Hoping it makes it at least down to 1.123 so I can ride the 50 up PiPs heavy.

Edit. I actually fell asleep and it didn't get low enough to refill my longs and close the short edges, so now I'm slightly short from 1.1257... Which seems to be making money anyway. This falling asleep thing is starting to get annoying even though it works out ok most of the times.

...Which reminds me, Years back I fell asleep at a disco - night club - next to the subwoofer/loudspeaker blasting music and with a bottle of beer tucked between my legs. My friends didn't wake me me up because they thought it was too funny.

15:50 ST. Made a bit more money and now net long again.
Temperance (restraint in action, thought or feeling) is a virtue.
Nothing has changed. Only shallow retracement and then the EUR goes down again. Still waiting for the 1.12 area where they should take out the stops that the longs have and then do a retracement of price again. Just like the last big figure when we went down through 1.13.

Will enter long at 1.1170 area with a 50 pip stop, hoping to see it play out like the last time.
Crystal ball says 11212
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Quoting andvk74
AGAIN {image}
AND AGAIN!!!
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Quoting lucky1359
{quote} No The Guessing Game is for Monday only. I have to make a Guess on Monday - Only Monday - Where the Market will be of EURUSD on Friday. Thats it.
Good you do that.. good luck..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
Quoting Ata-Turkoglu
If gravity coming from 1.1252 is lost, this goes deeper for sure.. Crucial moments!
Gravity is still not lost.. good for bulls..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
Quoting Ata-Turkoglu
{quote} Gravity is still not lost.. good for bulls..
Don't you mean bears (if the gravity isn't lost and it can go deeper)?
I think bulls will now have the market, but that depends solely on today's close.
Quoting Wavegarrick
{quote} All is good with this trade Folks, Managed to get out for a few pips profit. I also opened another buy trade at 1.12370 this morning and locked it in. Here's the thing, we need a daily higher high above 1.12904 for bulls to kick in so I hold little hope for this trade to survive. We shall see. My daily pivot just tested and we could very well see a down move from here. Trade safe, Cheers. {image}
Buy trade opened at 1.12440 s/loss 50 pips
Cheers
Trade to trade another day
I've had enough of this for today. TP 1.1267 for remaining longs and I'll recover yesterday's losses.
They are not ready to take it up yet. Haven't accumulated enough longs. Tomorrow we drop back down to today's lows and we try again for 50-100 upside PiPs.
Temperance (restraint in action, thought or feeling) is a virtue.
Quoting TimeBracket
EUR will still have the potential to trend upward until 17:00 gmt. it spiked around 4:00 gmt which according to my calculation is a confirmation of a trend that will still have the potential to move higher until this time window closes...please stay tuned
Acknowledging your perspective. It has played out, this was play today as well.
2 steps awkward
Quoting crackmyback
{quote} Don't you mean bears (if the gravity isn't lost and it can go deeper)?
Sighs! Of course you haven't read the post carefully, where I deliberately quoted the regarding post: "gravity coming from 1.1252"
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
My Quick Daily S/R Levels for Wednesday

  1. 1.1210 is my current nearest support..
  2. A break below nearest support could move price to 1.1160 area.. (My Gravity level: 1.1252 is preventing it for now!)
  3. My nearest resistance sits at 1.1265, but I didn't put it on chart.. Just eyeballing!
  4. No sign yet, but if bulls beat 1.1265 and trigger a surprise rally, I would aim for next resistance sitting 100 pips away: 1.1365 area!

I hope it helps..

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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
Dear Ata

With Thursday being Thanksgiving and the USA markets closed the volume with be super-light. I'm curious, do you let thinks like volume/market closure/opening affect your technical analysis for that day?
...because you never know - until you do!
Quoting fxsport
Dear Ata With Thursday being Thanksgiving and the USA markets closed the volume with be super-light. I'm curious, do you let thinks like volume/market closure/opening affect your technical analysis for that day?
Personally, on mass holiday days, I leave any of my long-term orders running.. But intraday wise, I might check my chart every 2 to 4 hours or so just to make sure nothing is going on.. In other words, intraday wise, I don't do much and often nothing at all!

I hope it answers
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
BUY EUR/USD
Quoting clocktrade
{quote} Hi Snave, What are the factors you're considering?
Maybe even lower. There was a "gap" that was left some couple of years around 1.07 ish. I will look for it and post
It looks like they broke through 1.300 (61.8% Fib) on the weekly chart. This means the correction has moved into a downtrend with a target to the 2020 lows 1.0640.
1.127 and 1.120 are the two levels I'm looking out for
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