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EURUSD

  • #1,073,161
  • Aug 2, 2016 12:42pm Aug 2, 2016 12:42pm
Its a Bull Trape
  • #1,073,162
  • Aug 2, 2016 1:29pm Aug 2, 2016 1:29pm
4h short ?
What do you guys think?
Down trend chanel on daily, and a turncoat supply area with fib 61.8 corelation on 4h.
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The truth is hidden from you
  • #1,073,163
  • Aug 2, 2016 1:39pm Aug 2, 2016 1:39pm
Quoting MaxenshteinD
4h short ? What do you guys think? Down trend chanel on daily, and a turncoat supply area with fib 61.8 corelation on 4h. {image} {image}
Very nice position there my friend..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,164
  • Aug 2, 2016 3:00pm Aug 2, 2016 3:00pm
Better not trade,
  • #1,073,165
  • Aug 2, 2016 3:19pm Aug 2, 2016 3:19pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting baherhosni
{quote} {quote} May be I am too bear biased.. May be I need a break I hope I didn't offend you fine traders in any way by my personal bias. I apologize!


Offend? Not at all my friend. You are saying what you think in a very nice and polite way.

I am also an euro bear but at this point eurusd is up (4H, 1D and 1W), except in 1H timeframe, but you are very right, as also allchart, and it is dangerous to trade because big players may start at any moment to take profits from their huge longs (and now in Spain is almost time to go to bed)

All the best to all of you. Jos
  • #1,073,166
  • Aug 2, 2016 3:35pm Aug 2, 2016 3:35pm
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  • #1,073,167
  • Aug 2, 2016 3:38pm Aug 2, 2016 3:38pm
Quoting JinnTrader
{quote} This is not a false breakout. Look at daily candles and look at close all above previous daily resistance and daily candle trend is up. All of you top finding the top and stop shorting. Only buy on dips wait for pullback.
I don't rely on technicals on this one,
but H1 fractal is short + lower TF is short...

I'll sell tops until friday NFP
Don't rely on "current candle" it isn't finished.
For example tomorrow or friday this weekly current candle will be bearish... (if NFP is positive)

bulls may be slayed after THU. BOE bank rate announcement + FRI. good NFP numbers.

be careful
or go EURGBP long
  • #1,073,168
  • Aug 2, 2016 3:47pm Aug 2, 2016 3:47pm
The EURUSD go up, was i thinking, like in the blue line, in a minute, since thumbs up hand, i don't know if the price will go up or down now
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  • #1,073,169
  • Aug 2, 2016 3:57pm Aug 2, 2016 3:57pm
Quoting Allchart
The EURUSD go up, was i thinking, like in the blue line, in a minute, since thumbs up hand, i don't know if the price will go up or down now {image}
Weekly EU:
What I see,
Arrows = Next Week Bar (the direction will be sure after friday NFP)

(Last bar is still painting, so it can be red after FRI strong NFP)

Weekly trendline is still not broken:
Fractal is painting to south.

That is why I am selling tops right now.
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  • #1,073,170
  • Aug 2, 2016 4:16pm Aug 2, 2016 4:16pm
Quoting openyoureyes
{quote} Weekly EU: What I see, Arrows = Next Week Bar (the direction will be sure after friday NFP) (Last bar is still painting, so it can be red after FRI strong NFP) Weekly trendline is still not broken: Fractal is painting to south. That is why I am selling tops right now. {image}
I think is a bad idea,very bad
  • #1,073,171
  • Aug 2, 2016 5:28pm Aug 2, 2016 5:28pm
I just finished my calculations for the next session.

In my opinion we ar almost at the max.....but not yet.......
I think it's over if we see a touch of the upper-down channel (1,1260-70) on the daily chart.

HEW is given me the following count and possible way to go before the major down-trend can resume.....
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You can manage risk, but you can't manage the return
  • #1,073,172
  • Aug 2, 2016 6:12pm Aug 2, 2016 6:12pm
Quoting Metainvestco
{quote} Clearly the upside movement is already made, however I Believe that there is room for a little more. My predicition is going to 1.1223. Regards.
As predicted the resistance of 1.1223 did quite well, however I am really confused about the inmediate future.

Then, so traders, what do you think for the today (aug 3rd) price action ? Its not clear at all.

Happy Trading,
  • #1,073,173
  • Aug 2, 2016 6:32pm Aug 2, 2016 6:32pm
I think the EUR USD will go up
  • #1,073,174
  • Aug 2, 2016 6:44pm Aug 2, 2016 6:44pm
Quoting HappyMe
I just finished my calculations for the next session. In my opinion we ar almost at the max.....but not yet....... I think it's over if we see a touch of the upper-down channel (1,1260-70) on the daily chart. HEW is given me the following count and possible way to go before the major down-trend can resume..... {image}
Oh.. I thought we are already at v. But I have room for 1280 in any case.. Still learning as you know.
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,175
  • Aug 2, 2016 6:47pm Aug 2, 2016 6:47pm
Quoting Metainvestco
{quote} As predicted the resistance of 1.1223 did quite well, however I am really confused about the inmediate future. Then, so traders, what do you think for the today (aug 3rd) price action ? Its not clear at all. Happy Trading,
Of course it did well.. there is hardly any volume or momentum in any direction.. We cannot judge anything in a market like this.. Lets wait til London..






PS: I still think I will need a trading break soon!!!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,176
  • Aug 2, 2016 6:51pm Aug 2, 2016 6:51pm
The pair consolidates gains after fresh high, bullish momentum is likely to continue as long as the pair stays above 1.1200 region. Next resistance level can be found around 1.1235/50 zone.
  • #1,073,177
  • Aug 2, 2016 9:38pm Aug 2, 2016 9:38pm
Probably i will close it in few hours, i don't know
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  • #1,073,178
  • Aug 2, 2016 11:30pm Aug 2, 2016 11:30pm
I don't feel 1.11 and 1.13 looks like faraway , just feeling :|
  • #1,073,179
  • Aug 3, 2016 1:25am Aug 3, 2016 1:25am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
allchart: I think is a bad idea,very bad[/quote]

I hope you are right, allchart, because I opened last night a new long at 1,1221 with target of 1,12325, thinking that it would be easy, and here I am now... I am not worried on a daily basis but 1H and 4H are against me.
  • #1,073,180
  • Aug 3, 2016 1:38am Aug 3, 2016 1:38am
Me too i have a long an 1.1211 , deadly one
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