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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

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EURUSD

Seasonal update for July:

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Historically it's been a lackluster month for EUR/USD.
If you are tracking the EURUSD this week, consider this technical perspective from a medium-term swing trader. EURUSD price action on the daily time frame has turned sideways. A few days ago, price action made a bullish surge above the 1.07900 area (blue), which coincides with the 61.8 Fib retracement of the dominant bearish swing on the weekly time frame. Although the present sideway of price action represents a pause in directional momentum, we cannot rule out further bullish move for liquidity grab before a bearish rotation. The 1.10765 area (red) is the next significant horizontal resistance and coincides with the 78.6 Fib retracement of the dominant bearish swing on the weekly time frame.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Quoting KeenPips
If you are tracking the EURUSD this week, consider this technical perspective from a medium-term swing trader. EURUSD price action on the daily time frame has turned sideways. A few days ago, price action made a bullish surge above the 1.07900 area (blue), which coincides with the 61.8 Fib retracement of the dominant bearish swing on the weekly time frame. Although the present sideway of price action represents a pause in directional momentum, we cannot rule out further bullish move for liquidity grab before a bearish rotation. The 1.10765 area...

ty keenpips you are never wrong brother!!!
Thanks for your kind sentiment. I try but I may be wrong.

Trade safe, prosper.

KP

Quoting ninner
{quote} ty keenpips you are never wrong brother!!!
Do your homework, follow the footprints of smart money
ISM Manufacturing PMI is due out at 10:00AM EST and the FF calendar forecasts it to be 47.2. My models suggest it may come in higher. I trained 5 separate machine learning models on regional PMI data for June and they all produced higher estimates for ISM PMI.

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In full disclosure, these are brand new untested models with no hyperparameter tuning so I don't recommend making trading decisions based on this. Caveat emptor!
Quoting ForexStats
ISM Manufacturing PMI is due out at 10:00AM EST and the FF calendar forecasts it to be 47.2. My models suggest it may come in higher. I trained 5 separate machine learning models on regional PMI data for June and they all produced higher estimates for ISM PMI. {image} In full disclosure, these are brand new untested models with no hyperparameter tuning so I don't recommend making trading decisions based on this. Caveat emptor!
interesting..thanks for posting!!!
Should be an interesting week. Hello Everyone, been gone quite a while and just thought I would pop in.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
Quoting OhComeOn
Should be an interesting week. Hello Everyone, been gone quite a while and just thought I would pop in. {image}
welcome back stranger!!!
it broke that small tl on the hourly chart and now may try and go after the 4 hour downtrendline.
Watch out longs, 700 pips south
Enjoy easy money
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Quoting energies
Watch out longs, 700 pips south Enjoy easy money {image}


Can't tell if you're serious or if this is tongue-in-cheek.

What are those blue lines and what do they represent?
Quoting energies
Watch out longs, 700 pips south Enjoy easy money {image}
In this case I will trade with the noncommercials and go long!!!!
Quoting fxpipper
{quote} Can't tell if you're serious or if this is tongue-in-cheek. What are those blue lines and what do they represent?
Quoting ninner
{quote} In this case I will trade with the noncommercials and go long!!!!
We'll see
Technical analysis is nonsense.

With that being said, U.S. unemployment claims are going to breakout any time now. I will be shorting USD.
Trade at your own risk.
tp at 1.0958 . let ride this fake rally. target is 70 pips.
Quoting Fx3423454
Technical analysis is nonsense. With that being said, U.S. unemployment claims are going to breakout any time now. I will be shorting USD.
You are right. Guess analysis is king.
When you feel like you HAVE to trade is when you least should!
Just closed my short(63pips profit from entry yesterday) as I am going to bed and don't want to be in the market when data hits. Was aiming for new low on 4H at FIB S61 1.0819ish area. This is looking like a pullback on the weekly chart, might try to set up long in the morning. Will see what the price action says in the morning.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
New low achieved. This thread sure use to be a lot more active, looks like a lot of people got tired of a couple of posters nonsense and finally bailed. See Keen is still here though. Obviously he isn't one of the nonsense posters.

****Chris, I see you are still a pain in the a#$ and will still be ignored.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
it is possible that EURUSD will return to the parity level of 0.83 as a bearish target ... when the ECB and FED are ready.
Probability Win = 20% Lose = 80%
Quoting OhComeOn
New low achieved. This thread sure use to be a lot more active, looks like a lot of people got tired of a couple of posters nonsense and finally bailed. See Keen is still here though. Obviously he isn't one of the nonsense posters. ****Chris, I see you are still a pain in the a#$ and will still be ignored.
Without volume this thread is as good as death. Few threads per day for highest volume pair is sad.
Fundamental provide Volume, Technical shows Direction
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