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  • #201,201
  • Aug 21, 2024 10:00am Aug 21, 2024 10:00am
Another a**hole candle unable to break above but still rejected from below
  • #201,202
  • Aug 21, 2024 10:01am Aug 21, 2024 10:01am
Quoting Ata-Turkoglu
Boxer bulls are knocking down bears each and every time they attack... In other words "Bull Tyson" is unstoppable... {image}
I guess the bulls win ?
  • #201,203
  • Aug 21, 2024 10:19am Aug 21, 2024 10:19am
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  • #201,204
  • Aug 21, 2024 10:33am Aug 21, 2024 10:33am
Quoting vinesh1
{quote} 1.114 amd above is possible either this week most likley next. Depends on this week's close. Squeezing out all the shorts.
reached. Made new 2024 high. Now what. Break 2023 h8gh?
  • #201,205
  • Aug 21, 2024 10:44am Aug 21, 2024 10:44am
Bulls are wearing an invincible armor... I am marking 1.1125 as latest breakout level and potential support... Go bulls go! The moon is waiting..
Focus only on what truly matters!
  • #201,206
  • Aug 21, 2024 10:52am Aug 21, 2024 10:52am
Quoting vinesh1
{quote} reached. Made new 2024 high. Now what. Break 2023 h8gh?
We need to. The last two years have been crapy trading, as far as movement goes.
When you don't know where your going, any road will take you there.
  • #201,207
  • Aug 21, 2024 11:04am Aug 21, 2024 11:04am
What more can I say. Go bulls!!!
Incredible run!
  • #201,208
  • Aug 21, 2024 11:11am Aug 21, 2024 11:11am
I still think FOMC could send this pair to its day low.
Risk Management is of utmost importance!
  • #201,209
  • Aug 21, 2024 11:11am Aug 21, 2024 11:11am
I continue to be impressed by e/u bulls - I just wonder how long it can continue.

Technically we are around 2 year highs, and USDX is around 2 year lows. Fundamentally, I think we're at peak bad US data, should even be sell the fact on the jobless revision. I recall EU rising uncontrollably usually happens at the end and start of the year, this one is a bit unexpected (though not that big yet).
  • #201,210
  • Aug 21, 2024 11:18am Aug 21, 2024 11:18am
Quoting Starcraftmaz
I continue to be impressed by e/u bulls - I just wonder how long it can continue. Technically we are around 2 year highs, and USDX is around 2 year lows. Fundamentally, I think we're at peak bad US data, should even be sell the fact on the jobless revision. I recall EU rising uncontrollably usually happens at the end and start of the year, this one is a bit unexpected (though not that big yet).
Last august it was a uncontrollable fall this august it is a rise
  • #201,211
  • Aug 21, 2024 11:21am Aug 21, 2024 11:21am
Holiday seasons results in volatile movements followed by volatile corrections
  • #201,212
  • Aug 21, 2024 11:25am Aug 21, 2024 11:25am
Quoting RCtrader
I still think FOMC could send this pair to its day low.
For that they will have to make a lot of lies
  • #201,213
  • Aug 21, 2024 11:31am Aug 21, 2024 11:31am
Quoting Ata-Turkoglu
Meanwhile, on H1... Basic breakout logic still intact... Keep buying dips and breakout levels until basic logic fails.. {image}
I prefer to stay out of the market and then wait for tomorrow unemployment claims am thinking that's where bears will set in
Risk management is the key
  • #201,214
  • Aug 21, 2024 11:34am Aug 21, 2024 11:34am
Quoting rehmatkhan00
{quote} For that they will have to make a lot of lies
HaHaHa, they are really good at making stuff up, but by now we all know that and just play along. Hehe
When you don't know where your going, any road will take you there.
  • #201,215
  • Aug 21, 2024 11:35am Aug 21, 2024 11:35am
Quoting DavidEjizu
{quote} I prefer to stay out of the market and then wait for tomorrow unemployment claims am thinking that's where bears will set in
I would keep an eye on France and Germany PMI's
If they are weak again then the rise may correct a little bit
  • #201,216
  • Aug 21, 2024 11:54am Aug 21, 2024 11:54am
Quoting Darfirst
{quote} HaHaHa, they are really good at making stuff up, but by now we all know that and just play along. Hehe
BLS is a big example which happened today
  • #201,217
  • Aug 21, 2024 11:55am Aug 21, 2024 11:55am
Quoting Bloodwish
{quote} I would keep an eye on France and Germany PMI's If they are weak again then the rise may correct a little bit
The only area where it can stop is 1.1230-80
  • #201,218
  • Aug 21, 2024 12:06pm Aug 21, 2024 12:06pm
Quoting rehmatkhan00
{quote} The only area where it can stop is 1.1230-80
Quite possible brother
But from what I know is that nothing keeps going up or down forever
Euro once moved 500 pips without correction and it corrected about 450 pips in one single candle and then continued with the trend maybe in 2016 or some thing
But best of luck brother
  • #201,219
  • Edited 1:20pm Aug 21, 2024 12:07pm | Edited 1:20pm
1.1742 is a possibility now which is around 78% fib level of whole down move from 2020. Will need to beat 1.127 which is very possible in the next week or so or even earlier. Insane to think about it.
  • #201,220
  • Aug 21, 2024 12:15pm Aug 21, 2024 12:15pm
Quoting Bloodwish
{quote} Quite possible brother But from what I know is that nothing keeps going up or down forever Euro once moved 500 pips without correction and it corrected about 450 pips in one single candle and then continued with the trend maybe in 2016 or some thing But best of luck brother
yup brother, I know about it and it’s so so true but here the price has potential to go to at least 1.12 and from there we can see some deeper correction.
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