EURUSD only

Quoting MrWong

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{quote} agree, im still new into trading but what i have observed is that the majority of traders lose money and only some makes money, so logically thinking if everyone is buying and the price does go up how does the bank makes money out of us, they gotta move the market against us in oder for them to take our money because in the end of the day "the house always win" and in forex the house are the big banks. I still have a lot to learn but so far this is my understanding, cheers all peace ps ; im sorry if my english is bad but im still improving...

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Quoting fxcontest

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Last Short {image}

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Quoting xperta

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{quote} Hi, what is the target tp for rthis trade? Thanks

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Quoting Rennaissance

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Targeting 1.073 for tomorrow. I think its gonna be a downward trendy day.

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Quoting Jasper1994

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Now the noise is over. we can now have more pressure to push the price down

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Quoting pedro319

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Given the volatility expected for tomorrow, I would not be surprised if a pattern like this completes. If the H4 bullish engulfing holds, as they do 90% of the time (at support) , there is no reason why this could not happen. It is good to be ready, checking the calendar absolutely mandatory. Good luck. {image}

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Quoting pedro319

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Given the volatility expected for tomorrow, I would not be surprised if a pattern like this completes. If the H4 bullish engulfing holds, as they do 90% of the time (at support) , there is no reason why this could not happen. It is good to be ready, checking the calendar absolutely mandatory. Good luck. {image}

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Quoting Walz

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I will share my insight. We have a downward trend all the time on this chart, confirmed by lower highs and lower lows. {image} I see a gap to close on the weekly chart it coincides with the trend line. I expect further declines. {image} I don't see any serious reversal pattern. I can't change my bearish view. I'm not in a hurry and I don't care about being the first in buy order it costs a lot. I will take my time So for now I will keep selling until I see a higher high and a higher low on chart or broken two highs 1.0950...

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Quoting Austyno

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{quote} I actually agree with you. Tomorrow is a day of extreme movements on both sides. Jackson symposium has been know to test the boundaries of both support and resistance. I intend waiting for price to reach 1.09279(close to the high of the week) before selling to a target of 1.07134(214 pips). I have gotten my target for the week so even if it doesn't get there, it's fine.

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Quoting pedro319

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Given the volatility expected for tomorrow, I would not be surprised if a pattern like this completes. If the H4 bullish engulfing holds, as they do 90% of the time (at support) , there is no reason why this could not happen. It is good to be ready, checking the calendar absolutely mandatory. Good luck. {image}

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Quoting asyed4

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{quote} I totally agree with you, MrWong; We are small retail traders and big stake holders (banks) always move the market against us. I give you my 2 examples for this week trading. On Sunday evening, based on technical/analysis, I went for 2 small Shorts (1.0871 and 1.0873) and thinking that it will go to short direction, but I waited 19 hours and finally I removed both trades and changed the direction as the direction was against my trades and bought 2 small trades (1.0899/1.09) for on Monday, at 2:26 pm central time and stayed for another 15...

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Quoting MrWong

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{quote} I gotta ask, how long have you been trading because it seems that your account is from 2007 hahaha, and do you have any advice for me as a new trader beside tecnical analysis becuase i think i know how to analize the market but for like better entries and better stops and when to enter when not to enter etc etc. Thanks in advance cheers

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