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EURUSD

  • #1,103,081
  • Apr 10, 2017 9:23am Apr 10, 2017 9:23am
1.06 tough resistance.

Bears do not give up
  • #1,103,082
  • Apr 10, 2017 9:27am Apr 10, 2017 9:27am
Bump into support at dollar index happening as we speak, will hopefully keep push cable and EU to 2360 and 0505 respectively

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  • #1,103,083
  • Apr 10, 2017 9:30am Apr 10, 2017 9:30am
A perfect hit at 1.06 See if the bears stand their ground. Got a doji close outside the BB on the 15m time frame and divergence in the RSI
  • #1,103,084
  • Apr 10, 2017 9:37am Apr 10, 2017 9:37am
long closed with profit of 10 pips, will wait for another momentum
making money is easy in forex, losing money is even easier...
  • #1,103,085
  • Apr 10, 2017 9:48am Apr 10, 2017 9:48am
EU long @ 1.05936 SL 1.05879

EDIT:
Closed half 1.06006
Closed 1.06025
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  • #1,103,086
  • Apr 10, 2017 9:58am Apr 10, 2017 9:58am
you see, all those calls for down over the weekend, we have already done 300 pips+ straight down, hardly any retrace... after a new low blah blah you get the pic, longs at b.e 2nd retest of the low usually gets me, if not then i shall see 1.0675
also Justin your 1.096 is not ambitious imo, longer term its viable, i want higher for lower into 1.007, perhaps 1.10xx

1.098x may be normal to retrace to on Daily

however, 1.0875 may have already been enough for below parity... 0.9860ish, yes i mentioned parity, go and call the parity police if you dont like it, say na da
  • #1,103,087
  • Apr 10, 2017 10:01am Apr 10, 2017 10:01am
Maybe bears could show some strength at this level.
Have a good week all of you folks.
I am done for today.
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  • #1,103,088
  • Apr 10, 2017 10:01am Apr 10, 2017 10:01am
Quoting gugun555
long closed with profit of 10 pips, will wait for another momentum
closing out and waiting for another momentum to me is like jumping off a train running 100kmh, and later running after the train to get back in.
  • #1,103,089
  • Apr 10, 2017 10:04am Apr 10, 2017 10:04am
yup second test of 1.06 broke on through to the other side as they say lol. Bulls get their day in the sun.
  • #1,103,090
  • Apr 10, 2017 10:07am Apr 10, 2017 10:07am
Quoting SnaveForex
accumulation and distribution all across the board from 1.0620 level should catch some bids
ok, she is doing great atm. big bull candle no wicks on H1 let see what she is up to next 0620 should be touched imo. picked up the low on this one long 0573
  • #1,103,091
  • Apr 10, 2017 10:17am Apr 10, 2017 10:17am
Quoting Don96
you see, all those calls for down over the weekend, we have already done 300 pips+ straight down, hardly any retrace... after a new low blah blah you get the pic, longs at b.e 2nd retest of the low usually gets me, if not then i shall see 1.0675 also Justin your 1.096 is not ambitious imo, longer term its viable, i want higher for lower into 1.007, perhaps 1.10xx 1.098x may be normal to retrace to on Daily however, 1.0875 may have already been enough for below parity... 0.9860ish, yes i mentioned parity, go and call the parity police if you...
Lol,,,,,,,easy shooter ,,,not even back to good enough levels yet for the big boys to be interested ,,,,,,,, watching that 50% level of the entire move up from its low at 1.0337 ish,,,, thats just above this weeks pivot,,,, cheers man .
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  • #1,103,092
  • Apr 10, 2017 10:35am Apr 10, 2017 10:35am
If price is rejecting 1.0570 area, I don't think this will be a retrace but rather a reversal up to new high (1.0950 area). Everyone could see that obvious trendline on the daily chart.
I wanna be a billionaire so freaking bad!
  • #1,103,093
  • Apr 10, 2017 10:42am Apr 10, 2017 10:42am
Hi Guys,

I took a long @ 057x with 50 pip S/L @ 052x
Aiming for 081x

Level to watch 069x.

Daily
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H4
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H1
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What's that smell? ---- I smell money!
  • #1,103,094
  • Apr 10, 2017 10:44am Apr 10, 2017 10:44am
Quoting thirdforex
If price is rejecting 1.0570 area, I don't think this will be a retrace but rather a reversal up to new high (1.0950 area). Everyone could see that obvious trendline on the daily chart.
It needs to sit above 615 initially. Then 650 is a big number.
  • #1,103,095
  • Apr 10, 2017 10:46am Apr 10, 2017 10:46am
Quoting swing 123
{quote} It needs to sit above 615 initially. Then 650 is a big number.
it might fall down again if it can't close today above 1.063
Don't Worry Be Happy
  • #1,103,096
  • Apr 10, 2017 10:52am Apr 10, 2017 10:52am
Quoting swing 123
{quote} It needs to sit above 615 initially. Then 650 is a big number.
It will no doubt be very volatile like what happened when it hit the daily trendline last time. I'm not expecting a smooth ride up. It will come back down to retest 1.0580 area so my point is, as long as this area holds (no lower lows), which it should, then the medium downtrend is over and this is the beginning of a new uptrend. The next high swing could go as high as 1.1
I wanna be a billionaire so freaking bad!
  • #1,103,097
  • Apr 10, 2017 11:03am Apr 10, 2017 11:03am
Quoting thirdforex
{quote} It will no doubt be very volatile like what happened when it hit the daily trendline last time. I'm not expecting a smooth ride up. It will come back down to retest 1.0580 area so my point is, as long as this area holds (no lower lows), which it should, then the medium downtrend is over and this is the beginning of a new uptrend. The next high swing could go as high as 1.1
I don't think that we will see 1.1 soon due to the French elections uncertainty and other problems in the EU.
Don't Worry Be Happy
  • #1,103,098
  • Apr 10, 2017 11:15am Apr 10, 2017 11:15am
"Look man, I can't understand your pessimism. Not every trader is a loser. There are many rich traders inside the 1% winning mass"

Yes, and there are people who win the big lottery - the question is , is it reasonable to assume that I'll be that winner? For most , buying lottery tickets or trading forex is a waste of money. It's ridiculous to keep throwing good money after bad, to keep blowing account after account and opening the next one because "Oh, this time things will be different! I have my hot new EA or my great new indicator that that will make me a fortune!" At some point, we need to be realistic. If trading doesn't work, it doesn't work. Give it up. You're just chasing rainbows.
  • #1,103,099
  • Apr 10, 2017 11:15am Apr 10, 2017 11:15am
IN for a few
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A good trader follows his rules, but great trader knows when to break them
  • #1,103,100
  • Apr 10, 2017 11:17am Apr 10, 2017 11:17am
Quoting Dream_trader
{quote} Many from ECB said that in EU "alles ist gut"! Draghi also. OANDA news.
It was not on FF calendar !!!!
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