Attachments: EURUSD only

EURUSD only

#168,841
Mar 8, 2023 2:06am Mar 8, 2023 2:06am

johncen
Joined Apr 2011 | Status: Liverpool's KOP | 8,021 Posts | Online Now

Quoting andvk74

Disliked

I expect a bounce from this zone first, before continuing HIGHER to the 50% {image}

Ignored

love the plan!

Patience, Emotion Control and Discipline.

#168,842
Mar 8, 2023 2:19am Mar 8, 2023 2:19am

Jarqo
| Joined Dec 2022 | Status: Trader | 53 Posts

Think there might be another drop to ~1.04800 before we fully turn towards upside.

#168,843
Mar 8, 2023 2:51am Mar 8, 2023 2:51am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts

Quoting johncen

Disliked

{quote} strategy for today will be to sell the bounce!

Ignored

Yes, the price should go deeper and test 0520 at least.

Looking for profitable short term trades ...|

#168,844
Mar 8, 2023 3:20am Mar 8, 2023 3:20am

huffy13
| Joined Jan 2023 | Status: Trader | 44 Posts

good morning All,

my name is lee i am very new to trading i was doing ok until yesterdays eur/usd drop.
very frustrating when you feel you was just starting to do ok.
do you all think we will see a bounce back today or another drop?

Many Thanks.

#168,845
Mar 8, 2023 4:02am Mar 8, 2023 4:02am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

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#168,846
Mar 8, 2023 4:21am Mar 8, 2023 4:21am

huffy13
| Joined Jan 2023 | Status: Trader | 44 Posts

Quoting andvk74

Disliked

{image}

Ignored

hi Andvk74,

hope your well.

Thank you for replying,
so you believe we will see 1.067 today?

thanks

#168,847
Edited 4:58am Mar 8, 2023 4:41am | Edited 4:58am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

Quoting huffy13

Disliked

{quote} hi Andvk74, hope your well. Thank you for replying, so you believe we will see 1.067 today? thanks

Ignored

I trade in THE NOW. I go by what I see at the moment.
These are the levels I'm watching as of now. WHEN and IF market gets there, I'll see what forms at those levels.

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#168,848
Mar 8, 2023 5:13am Mar 8, 2023 5:13am

M3csl
| Joined Feb 2018 | Status: Trader | 749 Posts

Where's ATA? Been very quiet of late.

I play the trade gamble to feed my Porsche addiction.

#168,849
Mar 8, 2023 5:33am Mar 8, 2023 5:33am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts

Quoting investing101

Disliked

ECB speaking soon, let's see if they're anything like the FED. My guess is that if they don't create a pump on the Euro we'll be at the mercy of the FED's testimony again.

Ignored

Nothing from ECB yet I guess we'll have to wait for Powell but it should be the same story for 2nd time. If nothing is happening then something is hiding behind and I guess we have to wait and see it to find it out. Unless my eyes

catch something before!!

Looking for profitable short term trades ...|

#168,850
Mar 8, 2023 5:35am Mar 8, 2023 5:35am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,122 Posts | Online Now

Quoting M3csl

Disliked

Where's ATA? Been very quiet of late.

Ignored

Just busy with external duties but I am reading every post.. no worries

Best wishes

Focus only on what truly matters!

#168,851
Mar 8, 2023 5:44am Mar 8, 2023 5:44am

SamiFX
Joined Apr 2007 | Status: Pip Hunter | 153 Posts

Quoting M3csl

Disliked

Where's ATA? Been very quiet of late.

Ignored

0880 ran from him

#168,852
Mar 8, 2023 5:55am Mar 8, 2023 5:55am

investing101
Joined Oct 2009 | Status: Trader | 988 Posts

Quoting Js3mwtRc

Disliked

{quote} Nothing from ECB yet I guess we'll have to wait for Powell but it should be the same story for 2nd time. If nothing is happening then something is hiding behind and I guess we have to wait and see it to find it out. Unless my eyes catch something before!!

Ignored

Here's an idea. I believe that it's more dangerous to be a bear this week than it is to be a bullish. Too many FED members and analysts believe that January's numbers were outliers.

If this turns out to be true, then this downturn will likely be engulfed.

I suggest tight stop losses if you're caught trading around news time. If it wasn't for important numbers this week, I'd stay bearish on EURUSD with a high degree of confidence.

#168,853
Mar 8, 2023 6:06am Mar 8, 2023 6:06am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

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#168,854
Mar 8, 2023 6:21am Mar 8, 2023 6:21am

pedro319
| Commercial User | Joined Jul 2013 | 7,881 Posts

We are still on course for 1.0430 (the only buy for me). Until then selling pullbacks targeting that same level.

We watch the charts from every angle so you don't have to!!

#168,855
Mar 8, 2023 6:36am Mar 8, 2023 6:36am

datboii
| Joined Mar 2022 | Status: Trader | 7 Posts

London session has been an absolute snooze fest. Some high impact news coming up later so hoping more of the same kinda action as yesterday, will be looking at longs once we breach 1.05 with a target 1.065
Cheers

#168,856
Mar 8, 2023 7:00am Mar 8, 2023 7:00am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts

Quoting investing101

Disliked

{quote} Here's an idea. I believe that it's more dangerous to be a bear this week than it is to be a bullish. Too many FED members and analysts believe that January's numbers were outliers. If this turns out to be true, then this downturn will likely be engulfed. I suggest tight stop losses if you're caught trading around news time. If it wasn't for important numbers this week, I'd stay bearish on EURUSD with a high degree of confidence.

Ignored

Yes, better sell from higher after news, NFP shouldn't be a surprise this time and less than before.

Looking for profitable short term trades ...|

#168,857
Mar 8, 2023 7:13am Mar 8, 2023 7:13am

AC.
| Joined Feb 2023 | Status: Trader | 12 Posts

Quoting andvk74

Disliked

{quote} I trade in THE NOW. I go by what I see at the moment. These are the levels I'm watching as of now. WHEN and IF market gets there, I'll see what forms at those levels. {image}

Ignored

When you refer to it as a trap wick, does it mean that it will be not filled?

#168,858
Mar 8, 2023 7:32am Mar 8, 2023 7:32am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

Quoting AC.

Disliked

{quote}When you refer to it as a trap wick, does it mean that it will be not filled?

Ignored

The TRAP always gets TAKEN OUT. This is what the TRAPS are for!!!

#168,859
Mar 8, 2023 7:42am Mar 8, 2023 7:42am

AC.
| Joined Feb 2023 | Status: Trader | 12 Posts

Quoting andvk74

Disliked

{quote} The TRAP always gets TAKEN OUT. This is what the TRAPS are for!!!

Ignored

So... then, does it mean to stop people? Is this the "violin" movement?

#168,860
Mar 8, 2023 7:51am Mar 8, 2023 7:51am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

Quoting AC.

Disliked

{quote}So... then, does it mean to stop people? Is this the "violin" movement?

Ignored

I see it this way: whatever SIGNS you read in books about, were written by the same people who created this GAME OF TRADING and for ONE REASON ONLY - to take people's money. So this so called PINBAR that many traders know, for me it's just one of the signs that after it's created, market moves away from it just a little, to trap the traders in the wrong direction and soon after that it's going to take it out because who entered on it is going to have a SL there (this is what THEY teach).