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Attachments: EURUSD
Exit Attachments

EURUSD

EURUSD ... 0950 and 0910 bounce areas

UCAD waiting for 1.3480
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Be hopeful in a winning position, and fearful in a losing position.
Quoting MaxDoom
{quote} hi back that is an interesting take on the London, I see it more that it opened 1.0996 fell to 1.0967 before closing the hour down 1.0980 so the bounce is only a handful of pips - just my take
I got stopped out,
I am watching london time 900-1300 4 hour bar now,waiting to see if it rejects 1.0961.
Yeah its falling hehe.
but some days london bar high/ lows can cap the price,i was counting on it,you are right it was just a few pips,but as i said i was counting on slow day,i was wrong.
its a fast day.
London 900 bar doesnt break below london 800 bar on slow days,it just broke it.
waiting for rejecting of 900-1300 london time 4 hour bar to see of it rejects.
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Quoting MaxDoom
{quote} hi back that is an interesting take on the London, I see it more that it opened 1.0996 fell to 1.0967 before closing the hour down 1.0980 so the bounce is only a handful of pips - just my take
I was looking at longs from 1.095ish. Is this not a valid level anymore? What level are you looking at longing from?
cable breaking up ...
edit fake
Quoting ill_be_back
{quote} Was thinking maybe a fake B/O & the hrly would close above PP, But the close was below, Most prolly will be S/O
thanks for explaining...
waiting for pivot to be retaken would have provided confirmation for your trade
Quoting Freelve
{quote} I was looking at longs from 1.095ish. Is this not a valid level anymore? What level are you looking at longing from?
0900 or 0890 for me.
The mind is not a book to be opened at will and examined at leisure
Quoting edyraper
cable breaking up ... edit fake
5 pips up already. lets see if it runs

EDIT: haha screw it
Quoting Freelve
{quote} I was looking at longs from 1.095ish. Is this not a valid level anymore? What level are you looking at longing from?
not sure that I am looking for longs now we are below pivot, have to see what develops first the shorts need to run out of steam..
as for 1.095x its recent credentials are:
it represents 38% retrace of the last couple of days bull run
it is the daily mid-S1
it is a defined low point in that run up.

safe to assume that price is currently correcting the bull run so a bounce off 38% to the 23% area is a possibility if it does not run straight to 50/62% and of course that 23% is the pivot zone, the caveat to this is if it is not correcting and is resuming downtrend then it may not bounce until that 62%

sounds like you have choices
possible long entry @DS1
Quoting MaxDoom
{quote} not sure that I am looking for longs now we are below pivot, have to see what develops first the shorts need to run out of steam.. as for 1.095x its recent credentials are: it represents 38% retrace of the last couple of days bull run it is the daily mid-S1 it is a defined low point in that run up. safe to assume that price is currently correcting the bull run so a bounce off 38% to the 23% area is a possibility if it does not run straight to 50/62% and of course that 23% is the pivot zone, the caveat to this is if it is not correcting and...
Definately a lot of choices. I will just have to test each level with a few pips SL. Anyway thanks for your insight
Quoting KzX
Big picture 05-08-11-14-17 {image}
this kind of a moving area though smallers usually end with a big breakout too,
4h/12h close on eu in 5m.. 0963/64 is the one.
Attached Image
those who can, do. those who cant, talk about those who can
Quoting buxle
{quote} this kind of a moving area though smallers usually end with a big breakout too,
how big ?
S1 is at 0914 and so is 50%.
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The mind is not a book to be opened at will and examined at leisure
Quoting gatorinla
4h/12h close on eu in 5m.. 0963/64 is the one. {image}
closed on the north side of 0964, evidently at 0949. it didnt hold. i was s/o for 5 pips. next time i will try is near 0892/85/77.. for 1086.. this time its under 0963.
those who can, do. those who cant, talk about those who can
Quoting entheos
short [email protected]
exit @1.09519
Quoting MaxDoom
{quote} EU short below pivot DAX long above pivot {image}
moved my stop down on this trade
DAX still running +50
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eur 1h
wedge
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Quoting openyoureyes
wasn't paying attention, opened a short 1.1010x SL 1.10130
HIHI,
still in
Guys i just wanna say be patient with ur longs. BOE Dogs can affect the euro. We will have opportunities for longs but i think this level is not good for it to retrace.
The mind is not a book to be opened at will and examined at leisure
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Kmcmaster
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