I strongly believe we have long way to going up. however we have on stage of retrace, Therefore, let me speculate this situation with objective mind
my game plan go down to 75% and will wait for signal from there...
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DislikedTerrible call. If you think this is the bottom. No way. We will see at least 3080 area before i goes up again.Ignored
DislikedThis is the primary way I trade and have done quit well for the last four years. I wait for a 20 and 50 EMA cross in the direction of the main trend. Once that happens I draw the fibs and wait for a retrace to the 50% or thereabouts, especially trying to retest the 50 EMA and go either short or long. In this case it was short.
[font=Comic Sans MS][color=blue]If you look at yesterdays drop the rise to 3215 or whatever was almost a 50% retrace from that as well. I live by FIBS always have. Most of...Ignored
DislikedWell maybe if you drew a channel on H1 properly, youīd see why I consider it a good call.
Anyway, do your best...
Btw I donīt say we wonīt see 80, I just donīt operate with 10 pips SL in such market, thatīs all.Ignored
Disliked[font="Comic Sans MS"][color="Blue"]This is the primary way I trade and have done quit well for the last four years. I wait for a 20 and 50 EMA cross in the direction of the main trend. Once that happens I draw the fibs and wait for a retrace to the 50% or thereabouts, especially trying to retest the 50 EMA and go either short or long. In this case it was short.
If you look at yesterdays drop the rise to 3215 or whatever was almost a 50% retrace from that as well. I live by FIBS always have. Most of the time i saty in the trade until it...Ignored
DislikedH4 closed below 40, confirmed break of its downward channel and also below w and m piv...
Looks like EUR is ready to get smashed again...
There might not be enough volume in the market to give it some proper momentum short term but this is a quite serious bearish candle.
Iīd like to see a failed test of 27 now for confirmation...Ignored
DislikedHey guys!
Happy Valentine's day! Based on how i see the market on the 1h TF, there is a potential for market to re-test 1.306XX & 1.303XX. From what I see is that market might touch support at 1.306XX/1.303XX before continuing the bullish trend.
However should the market manage to break through 1.303XX then we might see a short-term bearish trend taking over.
What do you guys think about this?Ignored
DislikedWell if it breaks 3030 it will hardly be short term bearish trend. It would be the continuation of a bearish trend that started last week .Ignored
DislikedWell maybe if you drew a channel on H1 properly, youīd see why I consider it a good call.
Anyway, do your best...
Btw I donīt say we wonīt see 80, I just donīt operate with 10 pips SL in such market, thatīs all.Ignored