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Trading correlation pairs by using the other pairs 793 replies

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Quoting T721
My thoughts on GBP/USD ....... could very easily go TITSUP so trade with caution {image}
Yes a chart from Mr. T!. EUR/USD please
Quoting vinesh1
{quote} Yes a chart from Mr. T!. EUR/USD please
look for sells down to 10450 and maybe lower..... use small positions so if it goes against you its not a problem. just dont get too greedy
B4 Elvis there was nothing
Quoting T721
{quote} look for sells down to 10450 and maybe lower..... use small positions so if it goes against you its not a problem. just dont get too greedy
Wow really? that's way down? So you expect Harris to win then lol
Quoting vinesh1
{quote} Wow really? that's way down? So you expect Harris to win then lol
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B4 Elvis there was nothing
Quoting vinesh1
{quote} Wow really? that's way down? So you expect Harris to win then lol
i dont care who wins as long as i do. or if i lose i only lose small
B4 Elvis there was nothing
Quoting T721
{quote} {image}
There is liquidity above too though. Especially if we end up closing the week out above 1.094 area
Quoting minhtri
{quote} {image} {image}
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The EUR/USD pair dropped sharply from 1.0937 today after news of Trump's potential victory in the US elections. The pair is currently trading above 1.0718 low, forming a large bearish candle.

The 1.0783/88 resistance level is acting as immediate resistance, while the broken support zone of 1.0800/30 now serves as resistance. Further support levels are located at 1.0700 and 1.0666.

Due to the high volatility, it's crucial to use tight stop-loss orders and practice sound money management.

Have a great day!

Daily volatility (range) 147 pips

Option expiries for Wednesday: 1.0650 (EU1.42b), 1.0800 (EU1.31b), 1.0725 (EU809.6m) Source: financialjuice.com

1 hour
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Looking for profitable short term trades ...|
Made 90 pips until now this morning only. I have still one position for 1.0690 I opened from 1.0769.

Will lower my stop at 1.0740. Watching for a possible bounce to resistance from here, but not buying! Trend is down strong!
Looking for profitable short term trades ...|
Quoting GOR
{quote} Everything is guesswork and no scenario is clear, but it seems to me that if Trump wins the the dollar is more likely to rise and gold down, and if Harris the dollar more likely down and gold up, and until there is a clear result sharp movements are expected in both directions, some people prefer to take a few days off,
, but looking to buy gold in the deep, I didn't wake up to a better world yet,
'In the clearing stands a boxer And a fighter by his trade..'
Quoting GOR
{quote} , but looking to buy gold in the deep, I didn't wake up to a better world yet,
Flat GBP EUR and NZD.....first time in many months. Gold should be a good long term buy...go back to sleep....it could take awhile.
God bless america....good luck th rest of us.
its all just one persons opinion....
Quoting Js3mwtRc
Made 90 pips until now this morning only. I have still one position for 1.0690 I opened from 1.0769. Will lower my stop at 1.0740. Watching for a possible bounce to resistance from here, but not buying! Trend is down strong!
Stopped at 1.0740 another +30 pips. Now as the bounce is succeeding I am looking for signs of exhaustion for more selling.

Somebody stop me, I feel I overtrade because I am winning and it could turn out a complete loss this day.

Lowering to very small lots is an option!
Looking for profitable short term trades ...|
Quoting Js3mwtRc
{quote} Stopped at 1.0740 another +30 pips. Now as the bounce is succeeding I am looking for signs of exhaustion for more selling. Somebody stop me, I feel I overtrade because I am winning and it could turn out a complete loss this day. Lowering to very small lots is an option!
GM mate, nice job, off hours, looks like you've done your thing for today, or wait for the fog to clear and the market to come to you, EU at D1 TL S, lets see
'In the clearing stands a boxer And a fighter by his trade..'
Quoting GOR
{quote} GM mate, nice job, off hours, looks like you've done your thing for today, or wait for the fog to clear and the market to come to you, EU at D1 TL S, lets see
Yes, thanks GOR! Waiting and acting.

What TL and S mean?
Looking for profitable short term trades ...|
Quoting Js3mwtRc
{quote} Yes, thanks GOR! Waiting and acting. What TL and S mean?
It's more clear on the weekly, near to sell again,
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'In the clearing stands a boxer And a fighter by his trade..'
Quoting Js3mwtRc
Made 90 pips until now this morning only. I have still one position for 1.0690 I opened from 1.0769. Will lower my stop at 1.0740. Watching for a possible bounce to resistance from here, but not buying! Trend is down strong!
Two more wins +36 & +14! The waiting was all worth it after all!

For now I'll wait to see what will happen above 1.0700 and the decide.

1 hour
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Looking for profitable short term trades ...|
EU I may be crazy but Im buying here. 10 pips stop loss max
107 to 107.05 area
5 x weekly 50% lows 107.10
quarterly 61.8% lows 107.11
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Quoting ianlikesgolf
EU I may be crazy but Im buying here 107 to 107.05 area {image} {image}
I'm sure you're really careful, the GU can test the lower channel and that can take EU lower, it's always better to wait for some supports if you're going against such a strong momentum, GU at D1 S too,
'In the clearing stands a boxer And a fighter by his trade..'
Quoting GOR
{quote} I'm sure you're really careful, the GU can test the lower channel and that can take EU lower, it's always better to wait for some supports if you're going against such a strong momentum, GU at D1 S too,
thank you
Monthly S1 pivot and a 127 fib
I have great faith in the quarterly lows for a 10 pip try,
your insight is wise, thank you for sharing.
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