EURUSD

Quoting Don96

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{quote} I don't exoect a flop especially after the idiot is telling everyone there won't be a hike, i mean there may not be one and I'm wrong, but my account wont be , sold EU with 5 pip SL... and on typing I sold AU with 5 pip SL {image} {image}

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Quoting Ata-Turkoglu

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EURUSD Monthly Outlook 2 weeks ago when February ended I said March will be all about breaking either above monthly resistance or below monthly support. So far both sides have been tested but no success. Overall I believe it is still bulls turn to find a weak spot through the red trendline. That's why my bias is still bullish: being so near to the edge of that trendline I don't think bulls will let go so easily. Since this month seems to be locked down inside a tight range, my concern is that coming month could be even worse. (Because the triangle...

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Quoting TudorIoan

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{quote} You must be very good at things like this. I mean I never understood the Volume meaning for direction of market. As I see it, the Volume means money threw in the market but no clue about direction. We only know it's big. But what is big, the bear or the bull?! It must be the candles for your trading direction. BTW, I hope you're holding shorts for the cable

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Quoting Ata-Turkoglu

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EURUSD Monthly Outlook 2 weeks ago when February ended I said March will be all about breaking either above monthly resistance or below monthly support. So far both sides have been tested but no success. Overall I believe it is still bulls turn to find a weak spot through the red trendline. That's why my bias is still bullish: being so near to the edge of that trendline I don't think bulls will let go so easily. Since this month seems to be locked down inside a tight range, my concern is that coming month could be even worse. (Because the triangle...

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Quoting Ata-Turkoglu

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EURUSD Monthly Outlook 2 weeks ago when February ended I said March will be all about breaking either above monthly resistance or below monthly support. So far both sides have been tested but no success. Overall I believe it is still bulls turn to find a weak spot through the red trendline. That's why my bias is still bullish: being so near to the edge of that trendline I don't think bulls will let go so easily. Since this month seems to be locked down inside a tight range, my concern is that coming month could be even worse. (Because the triangle...

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Quoting Don96

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{quote} It will be a breakout lower and then reverse to the other side of the triangle for North probably back to something like 1 08?... or it'll just drop after Wednesday and won't return

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Quoting Teek

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{quote} It is the candles, and the candles only for my trading. With my H1 strategy I only trade price action. My Pivots give me a clear indication on where to aim at. The first line of a cluster is a 87% safe bet. Plus, an indication on where to look for the right candles. If the trade moves my way, it WILL touch the first line of the next cluster (87%). The Volume does not determine the direction, only the strength of the move. (it does much more, but for my strategy that's all I need to know about it) The secret lies in the execution of the shot,...

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Quoting Don96

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{quote} It will be a breakout lower and then reverse to the other side of the triangle for North probably back to something like 1 08?... or it'll just drop after Wednesday and won't return

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Quoting TudorIoan

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My Intraday Outlook. (ahead London) The 1.0530 rally correction seems to get weak... but new hourly bear momentum seem to start right now, another break of 1.0650 The PPI and CPI, are the important macro indicators expected before the FOMC So, if the banks analysts will not anticipate good inflation numbers + imminent hike sentiment effect, E/U will range before the release time. In my opinion, there is more room for the bears downside, 1.0630 (Weekly&Monthly Pivots) 1.0600-20... Have a good trading day you all! {image}

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Quoting jusstin911

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{quote} I hope we get a double bottom at 1.063 so I can LONG

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Quoting TudorIoan

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{quote} I see. But I stick to my original thought. Volume doesn't show anything but something is big. That's it. Imagine huge volumes on bears and almost the same huge amout of bulls in the same time!!! The price will not move an inch! But the Volume indicator will be very high. All I'm saying is that you can't be sure not even about the strength of the momentum all the time considering the volume value as a regular basis Sounds like a reasonable strategy, good luck Raph!

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Quoting Jonstaples

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{quote} I fully agree with your analysis and furthermore I believe "Way Down We Go" to 1.0573.

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Quoting Ata-Turkoglu

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{quote} It is hard to tell just by looking at the monthly. Could you elaborate what timeframe your expectation relies on? Especially the part where you were mentioning "it will be a breakout lower".. lower where? Thanks in advance... Stay Green

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Quoting Teek

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{quote} That#s why you don't trade the Volume. The only purpose of it in my strategy is: "how far can I take it". My target is always the first Pivot, that's when I immediatly pull Stop to BE and most of the time that's where my TP is. On very rare occasions I take Volume into concideration. Today is such a day. But the trade is closed and in the box. 30 pips for a size scalper is more than enough (3.2% in 15 seconds made my day) Too sad I closed the correlation trade on EUR/GBP too early because it pulled too late and I had to watch the GBP/USD...

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Quoting Don96

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{quote} Break lower than the monthly support 1.03xxx I'll post chart when available, I already posted one that has 1.0698 and 1.0712 as a target... they both played to the pip with retracement, I still expect 1.040x and 1.007x

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Quoting Ambar

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{quote} Do you mind to share this template????

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