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EURUSD

  • #1,213,941
  • Apr 27, 2022 3:01am Apr 27, 2022 3:01am
Quoting PatienceFx
{quote} {image}
i am enjoying this template, its fun to trade
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  • #1,213,942
  • Apr 27, 2022 3:01am Apr 27, 2022 3:01am
Quoting BlueGas
AAAAAnd im out {image}




  • #1,213,943
  • Apr 27, 2022 3:04am Apr 27, 2022 3:04am
Quoting BlueGas
AAAAAnd im out {image}
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I am keeping mine fttb. . . . We ll see.....

  • #1,213,944
  • Apr 27, 2022 3:12am Apr 27, 2022 3:12am
Quoting F.g
{quote} {image} I am keeping mine fttb. . . . We ll see.....
I turn it around @ 0619 . I think this might be the day market will spank me . overlevereged on sp
  • #1,213,945
  • Apr 27, 2022 3:17am Apr 27, 2022 3:17am
Quoting Js3mwtRc
EU came very close (six pips) away its pandemic low -> 0636 and backed off. A close below that level opens the door to downside targets 0570/0493/0339. Take care
EU is falling non-stop without a retrace for days now and with a possible turn at the first fibo level from this Daily drop from 0936 at 0670, but it can reach 0720 where bears tactically will wait for a test.

I believe that this move has to do the most from bears that activelly are selling EU until the FED at next Wednesday knowing the result and with the market near a significant bottom at the Monthly chart (0636) now it is better to wait for the Monthly candle to close, before any move and Friday is the last tradable day of the week.

Watching and waiting like the best strategy right now.
Looking for profitable short term trades ...|
  • #1,213,946
  • Apr 27, 2022 3:35am Apr 27, 2022 3:35am
I do not believe this hourly candle, just a bad commercial
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  • #1,213,947
  • Apr 27, 2022 5:14am Apr 27, 2022 5:14am
The only way to use this screen more profitable is by following the main trend, or wait until the market decides to shift.
The first is wiser, its not good to try to pick tops, or bottoms by fishing at lows/highs. First wait for a consensus to agree on a view up, or down and then you can join too.
Usually the big trends stand in the time and can last long, so you will find many retraces to catch.

Attached Image (click to enlarge)
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https://www.fxblue.com/market-data/currency-strength
Looking for profitable short term trades ...|
  • #1,213,948
  • Apr 27, 2022 7:05am Apr 27, 2022 7:05am
Quoting Js3mwtRc
The only way to use this screen more profitable is by following the main trend, or wait until the market decides to shift. The first is wiser, its not good to try to pick tops, or bottoms by fishing at lows/highs. First wait for a consensus to agree on a view up, or down and then you can join too. Usually the big trends stand in the time and can last long, so you will find many retraces to catch. {image} https://www.fxblue.com/market-data/currency-strength
SEE TOP LEFT OF MY CHART

macd and rsi values

the selling pressure is extreme
Attached Image (click to enlarge)
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  • #1,213,949
  • Apr 27, 2022 7:35am Apr 27, 2022 7:35am
Quoting ForexGoose
{quote} 1.05
next targets after 1.05
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,213,950
  • Apr 27, 2022 7:48am Apr 27, 2022 7:48am
Attached Image (click to enlarge)
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  • #1,213,951
  • Apr 27, 2022 7:59am Apr 27, 2022 7:59am
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  • #1,213,952
  • Apr 27, 2022 8:00am Apr 27, 2022 8:00am
If there's going to be any reversal in the USD, it's going to need to happen soon. This would be the spot (if any).
  • #1,213,953
  • Apr 27, 2022 8:05am Apr 27, 2022 8:05am
Quoting ICouldBWrong
If there's going to be any reversal in the USD, it's going to need to happen soon. This would be the spot (if any).
wait until the FOMC meeting next month and maybe you will get some USD bears after
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,213,954
  • Apr 27, 2022 8:13am Apr 27, 2022 8:13am
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Trying my best.
  • #1,213,955
  • Apr 27, 2022 8:16am Apr 27, 2022 8:16am
just look at the rsi values on all time frames
  • #1,213,956
  • Apr 27, 2022 8:18am Apr 27, 2022 8:18am
Quoting PatienceFx
just look at the rsi values on all time frames
that doesn’t mean anything unfortunately

it is a good indicator for losing money
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,213,957
  • Apr 27, 2022 8:23am Apr 27, 2022 8:23am
Quoting forexgoose
{quote} that doesn’t mean anything unfortunately it is a good indicator for losing money
rsi is a momentum indicator which reflects market sentiment
  • #1,213,958
  • Apr 27, 2022 8:24am Apr 27, 2022 8:24am
Quoting PatienceFx
{quote} rsi is a momentum indicator which reflects market sentiment
so, why don’t you follow what it is showing and buy the EUR?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,213,959
  • Apr 27, 2022 8:26am Apr 27, 2022 8:26am
Quoting ForexGoose
{quote} that doesn’t mean anything unfortunately it is a good indicator for losing money
learn to use rsi correctly and it is the best indicator to use

overbought/oversold concept is bullshit ; that misguides many people
  • #1,213,960
  • Apr 27, 2022 8:29am Apr 27, 2022 8:29am
Quoting ForexGoose
{quote} so, why don’t you follow what it is showing and buy the EUR?
learn to use rsi correctly

50 level defines bullish or bearish

above 70 is TRENDING BULLISH not overbought as some idiots cal it

below 30 is TRENDING BEARISH not oversold as idiots call it
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