1.12946 holding well so far. It is pretty uncertain as for what's gonna happen next. Bulls not done entirely and I expect resumption of their stride earlier today.
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Disliked1.12946 holding well so far. It is pretty uncertain as for what's gonna happen next. Bulls not done entirely and I expect resumption of their stride earlier today.Ignored
DislikedThis is war now, late hour but bulls and bears fighting for moneywho win? Time will tell, im half bear half bull
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DislikedWith current bullish flow we have 3 daily bullish candles in a row.. Now there could be many expecting more highs and I would agree, BUT just keep in mind that 1.1320 area is fib 50.0% on DAILY... Anything can happen from here --> a) more upside.. b) bounce down or c) just a sideways boring stall.. I personally call it a day for now to hopefully continue after London opening.. No rush! *Also keep in mind that we have a new NFP Friday in two days.. My two centsIgnored
DislikedNice to finish most of the days work early. Needed that. {quote} Yes could be very dangerous, I believe so also, and even for intraday. And for both bulls and bears. I actually had to factor it in when refusing short setups in this bull move x times and also to manage existing positions and prepare future ones, as price was getting deeper and deeper inside last weeks high this early and fast and from such depths. We know it can get much scarier still. But maybe there is a pot of gold at the end of that weekly rainbow. What is the high of last...
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Disliked{quote} and also keep in mind that tomorrow is ECB Conference and in last week was created some "mood" that ECB will be more hawkish and give any singal about rise interest rate in EU in this year ( in my opinion that was a spark for this move of EUR in last 3 days). So if tomorrow on ECB Conference will nothing new about itnerest rate in this year then market will be disappointed and we can see fast move in south direction. Generally trade very carefuly tomorrow and on Friday. Have a nice evening for All.Ignored
DislikedThis is war now, late hour but bulls and bears fighting for moneywho win? Time will tell, im half bear half bull
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Disliked{quote} You bring up a great point about the ECB meeting. I've read that people are talking about a "hawkish" ECB based on the latest data; I say baloney! The ECB numbers don't mean squat to the EU as they intend to keep rates at/near zero for quite some time. It helps their exports. That is why I've kept my EU short way too long. Honestly I forgot to place a stop yesterday and by the time I returned it had violated my stop and so I just held on and actually cost averaged down as well. I would expect some consolidation thru the Asian session until...Ignored
DislikedMorning dear fellow traders, Woke up to a nice hidden divergence in momentum on the 30m. These can present nice tight SL opportunities...
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DislikedNice little short from 1313. Got as low as 1306 but I closed around 1308 after it bounced up. SL was only 1.5 pips so I scored a nice RR of 1:3.4. The thing is with these ultra tight SLs you're always on pins and needles while the price remains in the vicinity, and any small spike against your position will startle the hell out of you. But the RR potential is ungodly with this style of trading. I've seen people score 1:20, 1:30 and way beyond. That's the norm in the "smart money" world. I'm just not quite at that level yet. One day I'll get there...when...Ignored
DislikedHello everyone! Today can be crazy tomarrow too so keep safe trading, put your SL and dont panic, we can go both sides with one hour, for me ideally setup will be back to 1.122x and go up for new hightswish you luck
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Disliked{quote} Yes, 1.1226 is in the picture. Only I don't know if the criminals will let it come that way. I need to TP my shorts at 1.1254 precisely. After that they can go and blow themselves up. Edit: I moved all my TP to 1.1240. I also banked my 1300 and 1.1314 shorts, leaving the one from 1.1285.Ignored