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EURUSD only

  • #227,861
  • Jun 4, 9:30am (14 hr ago) Jun 4, 9:30am (14 hr ago)
Quoting Ultras
{quote} Price not moving down much - so far all selling pressure is being absorbed and if bears give up will shoot up
what are your retracement levels
  • #227,862
  • Jun 4, 9:38am (14 hr ago) Jun 4, 9:38am (14 hr ago)
Quoting dhruvswami23
{quote} what are your retracement levels
1.16150
  • #227,863
  • Jun 4, 10:20am (13 hr ago) Jun 4, 10:20am (13 hr ago)
Quoting dhruvswami23
{quote} what are your retracement levels
I would look at 1.1617ish to reload longs.
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  • #227,864
  • Jun 4, 10:32am (13 hr ago) Jun 4, 10:32am (13 hr ago)
Quoting Ultras
{quote} Price not moving down much - so far all selling pressure is being absorbed and if bears give up will shoot up
bears managed OK to bring it back to support areas, may be an opportunity to buy the dip
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  • #227,865
  • Jun 4, 10:45am (13 hr ago) Jun 4, 10:45am (13 hr ago)
I don't think we can go any higher. I'm continuing to support sales.
GOOD LUCK!!!
  • #227,866
  • Jun 4, 10:56am (13 hr ago) Jun 4, 10:56am (13 hr ago)
Quoting Ata-Turkoglu
M15: Waiting for progress and continuation... {image}
3rd support area so far stopping the bears, i opened one long position here on my 15M chart it's currently on VWAP which is supporting (so far).
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  • #227,867
  • Jun 4, 12:46pm (11 hr ago) Jun 4, 12:46pm (11 hr ago)
Quoting Ultras
{quote} 3rd support area so far stopping the bears, i opened one long position here on my 15M chart it's currently on VWAP which is supporting (so far). {image}
bears took me out on BE - price under VWAP on 15M
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  • #227,868
  • Jun 4, 1:46pm (10 hr ago) Jun 4, 1:46pm (10 hr ago)
Quoting CanIMakeCash
{quote} I would look at 1.1617ish to reload longs. {image}
Trying a long here @1.1616 with SL @1.1605
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  • #227,869
  • Jun 4, 1:59pm (10 hr ago) Jun 4, 1:59pm (10 hr ago)
Quoting CanIMakeCash
{quote} Trying a long here @1.1616 with SL @1.1605 {image}
This position is risky ؟
  • #227,870
  • Jun 4, 2:35pm (9 hr ago) Jun 4, 2:35pm (9 hr ago)
Meanwhile, on H1...

No long signal yet..
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Focus only on what truly matters!
  • #227,871
  • Jun 4, 3:27pm (8 hr ago) Jun 4, 3:27pm (8 hr ago)
Quoting Ata-Turkoglu
Meanwhile, on H1... No long signal yet.. {image}
why not selling?
  • #227,872
  • Jun 4, 3:48pm (8 hr ago) Jun 4, 3:48pm (8 hr ago)
Quoting Chicago-Greg
{quote} why not selling?
Sell then.. is anyone stopping you?
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Focus only on what truly matters!
  • #227,873
  • Jun 4, 4:09pm (7 hr ago) Jun 4, 4:09pm (7 hr ago)
Quoting khederzadeh
{quote} This position is risky ؟
Risk is managed and defined, 11 pips, representing 0.2% of account value, so all good.
  • #227,874
  • Jun 4, 4:17pm (7 hr ago) Jun 4, 4:17pm (7 hr ago)
Quoting AmDrafax
I don't think we can go any higher. I'm continuing to support sales. GOOD LUCK!!!
One interesting point to consider when buying is 1.15784
  • #227,875
  • Jun 4, 4:27pm (7 hr ago) Jun 4, 4:27pm (7 hr ago)
The only way I'd go long in this Bear market is on a retracement, and I prefer trading over gambling. 1.15100 is my long when it arrives( not if ) that's where im looking anyway!!
  • #227,876
  • Jun 4, 5:40pm (6 hr ago) Jun 4, 5:40pm (6 hr ago)
Today, the market will be anticipating the release of the Nonfarm Payrolls (NFP) data. Market expectations are for 85,000 jobs. Actual figures that are higher or lower could trigger market volatility. The ECB is currently tending towards a hawkish stance, with officials even strongly signaling that they will raise interest rates by 25 basis points due to persistent European inflation.
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I trade at FXOpen
  • #227,877
  • Jun 4, 7:26pm (4 hr ago) Jun 4, 7:26pm (4 hr ago)
Quoting Prosecuted
{quote} Just curious what made you decide to marry EURUSD
for me its the liquidity and volume.
  • #227,878
  • Jun 4, 9:33pm (2 hr 32 min ago) Jun 4, 9:33pm (2 hr 32 min ago)
Quoting Ata-Turkoglu
{quote} Sell then.. is anyone stopping you? {image}
Yeah, I'm still waiting pullback upward on EU D1, EU test lot of times on the support level 1.16000
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  • #227,879
  • Jun 4, 11:35pm (30 min ago) Jun 4, 11:35pm (30 min ago)
Quoting DarrenTay
{quote} Yeah, I'm still waiting pullback upward on EU D1, EU test lot of times on the support level 1.16000 {image}
good weekly entry here. Go long or short, or both. Set stop at BE or whatever your risk tolerance.
Manage the position on the D and H4.
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  • #227,880
  • Jun 4, 11:42pm (23 min ago) Jun 4, 11:42pm (23 min ago)
Quoting DarrenTay
{quote} Yeah, I'm still waiting pullback upward on EU D1, EU test lot of times on the support level 1.16000 {image}
The 1.1600 level does not constitute a support level. The price has breached it repeatedly in both directions, which structurally disqualifies it. In the Forex market, round numbers attract liquidity precisely because most participants cluster their orders around them, turning them into targets rather than reliable barriers.
My key level is 1.15788. That is where a genuine concentration of resting orders is identified. If the price reaches that zone and breaks through with a strong, decisive candle, there is no case for buying. A breakout of that nature would indicate that liquidity has been absorbed and that the path of least resistance remains to the downside.
Don't fear risk; fear your ignorance.
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