EURUSD

Quoting OhComeOn

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Does anyone know if Draghi is speaking today?

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Quoting Teek

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{quote} I sold GBP news yesterday morning on full size ^^ Basicly I could call it a month already here's some food for the stupid trolls Teek out Beastmode https://youtu.be/tiMY7-h3xnE

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Quoting Jonstaples

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Good morning traders, On 28 of March, EUR/USD began a downward correction but seems it has found some support around 50-day moving average @1.0658 as it began to consolidate in a well defined range. On the fundamental side, this is the mother of whole weeks with Draghi, ISMs, FOMC minutes and the NFP. With all that in mind my plan is enter long @ buy zone 1.0645 down to 1.0642, Stop and reverse @ 1.0635 and enter short @ sell zone 1.0680 up to 1.0685, Stop and reverse @ 1.0685. {image}

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Quoting TudorIoan

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{quote} Well said, Jon! the mother of whole weeks with Draghi, ISMs, FOMC minutes and the NFP ..and ADP I'd add I guess this is the last trading day for me. Because I expect waiting ranges, spikes and confusion for the rest of this week ...and all this it's like gambling for me, hate gambling. Good luck, and take care!

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Quoting F.g

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{quote} Buddy , this week is a great opportunities week . There is no gambling around .

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Quoting TudorIoan

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{quote} I know Whole lotta opportunities. I just need EUR/USD to move, any fkn direction is good lol My hedging scheme doesn't need a certain direction ...it's just that those ranges are killing me lol

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Quoting okshop

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{quote} bro do you use the zone recovery hedge... {image}

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Quoting TudorIoan

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{quote} Mmm, ...close, but more of a slick I'd say RZ hedging keeps all orders opened until the final outcome. I do get stopped in the process. I'm using 3 times the same volume size before I augment it with 1.5 quotient for the 4-5th and the 6th shot. And my scheme has a point where I must accept the total loss within 25% protecting my whole accout. Statistically, on EUR/USD that sht happens (-25%) once in 1.5 month ...but also statistically the accout doubles at every 3 months Well, it's not really for kids to try it alone...

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Quoting Mzwandile93

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Another reason to buy Descending Triangle. {image}

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Quoting SteFX85

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{quote} The lows in a descending triangle are at equal level. And it usually doesn't last longer than three months. But that's only theory {image}

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Quoting Mzwandile93

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True Falling Wedge may be the proper term to use. {quote}

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Quoting SteFX85

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{quote} The lows in a descending triangle are at equal level. But that's only theory {image}

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Quoting MyOpinion

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{quote} add 1 more 1.0680 stop under 1.06 probably a trap but feels like something cooking.

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Quoting digger1

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{quote} The levels where these happen are usually something to consider also,,,,,,some would consider the quarterly open an important level ,,,,, big news week ,,,, employment news ,,,, wht went into the feds int rate decision this week,,,, atm the moment eur hanging around around last weeks low and the quarterly open by a thread. too much time below the quarterly open would indicate mkt is expecting the dollar news will be mostly positive ,,,,,my view anyway,,,,,,time will tell. Things should liven up here for long I reckon . {image}

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Quoting TudorIoan

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{quote} 1.0652 my T1 hit! ...my levels are such an intraday trampoline sometimes, ..but I hope it will drop more This is my business today. My levels for the intraday hedging scheme, chart below. {image}

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Quoting TudorIoan

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It looks like Sell Side wins all over the chartboard today Let's sell, guys! ...kidding, just suit yourself, I'm selling like this: SL 1.0674 sold 1.0663 T1 1.0652 T2 1.0641

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