EURUSD

Quoting GDR3k

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{quote} I see you use the opening price of candles to enter, that's where the big orders are The 'long area' on my chart is 3530-3505 from the opening price of that bullish daily candle right after that bearish daily candle (at the start of that 2 day upmove) to the low of the candle...see the green area on my chart below... I think it could go down to any level inbetween that before a retrace..if there is one Theres a daily support pivot down here also at the 3528 area. {image}

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Quoting chazzle

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{quote} or a chart

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Quoting KiwiTrada

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{quote} I have 2 open 3563 & 3564

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Quoting mercy seat

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{quote} Hmm ... for me the week starts still with open up Wellington - then Sidney - then Singapore - then Tokyo on Sundays - yes ... Which has been at around 1.3555/60 ... ;-|

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Quoting chazzle

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bought cable {image}

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Quoting hadox

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{quote} euro going nowhere.. oh well.. cable going the right way atm, 1.623x/5x is a pretty strong area, as always it's hard to say something about targets, IF the weekly turns south (a close under 1.613x) I would look for 1.600x as the 1. target, the next targets are to uncertain if PA turns etc etc.. but next levels would be 1.593x/1.587x zone, 1.580x and final target at 1.563x... the scenario is valid as long as tuesday hi doesn't get broken.. lets see what happens..

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Quoting hadox

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{quote} baam, 1. target already hit before the weekly close, didn't expect that.. a pullback to 1.613x/6x could happen, but next targets are open atm.. next weeks open might also give a clue about the direction.. waiting to see where euro opens next week before deciding any setups atm.. enjoy the weekend

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Quoting kuroro001

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{quote} Was talking about 1.3650...not 1.3550

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Quoting mohan76

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{quote} see, some one had data

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Quoting chazzle

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{quote} GU H4 stopped and reversed - with 930s in sight {image}

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Quoting sakisf

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First signs of decline in UK good numbers. Hope it would drag euro too so I can withdraw my paypal USD with better rates

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Quoting milam

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{quote} SL? if any.

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Quoting KiwiTrada

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{quote} oh ok I thought were talking about Weekly Open

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Quoting chazzle

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{quote} my line in the sand here mate (red line) {image}

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Quoting Passerby

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{quote} Wanna go silent but this has poked my interest. That one is what retail trader usually think and trapped shorting at lows or long on high. If I am an institutional trader I would use this news to enter long as currently market provide opportunity to gulp massive order without affecting price too much. Btw, new low could trap more buyer. But yeah that just the speculation happening in my thought, could be wrong though.

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Quoting kuroro001

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{quote} Always been I see what you see and indeed important area on daily, it worth a try...but if it breaks it won't look good And GBP diving !

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Quoting GDR3k

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{quote} 1.59 on cable looks ideal for a long

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Quoting salman14

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{quote} still holding my shorts

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