EURUSD

Quoting yanitsa

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{quote} No chart ?

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Quoting mades

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Stop shorting this and WAIT. Trade what you see not what you think. If shorting opportunity arises, you will notice it. This is getting so typical again: {image}

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Quoting Jonstaples

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{quote} I fully agree with your assessment but the pair seems unstoppable. For me the pair is extreme overbought however I will no dare short until I see a bit of weakness. The currency pair just broke above the previous 2017 high, question now is will it follow thru or fail and reverse?

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Quoting TudorIoan

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{quote} 1.1040 the last bear stronghold (W_R1) if it doesnt stops there, I quit FX and find a job at McDonald's lololol

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Quoting ixam23

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{quote} so 3 cheeseburger and a small coke pls but seriously...i'm long myself but i can't believe this is rising without any markable retracement! wtf! oversold on nearly all timeframes and still going up

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Quoting bee7244

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{quote} What do u mean by this? Take the opposite order? Did 66% traders make wrong decision..?

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Quoting TudorIoan

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{quote} ok, not yet, the menu can wait... lol Crazy unstoppable, ...on what grounds that frenzy?!?!?!?!? I guess everybody turned (or hedged) long by now

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Quoting nodoubt

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{quote} on the same grounds (and no major news environment) it dropped 102 to 084 just a week ago.

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Quoting TudorIoan

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{quote} ok, not yet, the menu can wait... lol Crazy unstoppable, ...on what grounds that frenzy?!?!?!?!? I guess everybody turned (or hedged) long by now

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Quoting mades

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{quote} No. Yes. There is nothing like "oversold" or "overbought" in this game. Prices can go 100s of pips without retracement (think of UJ after trump) or they can retrace up to 100% only to shoot again. After a period of consolidation and range trading, people are again forgetting how trends (especially after a significant break) work. But obviously ... until something changes, "buy on dips" is the working strategy during uptrend.

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Quoting nodoubt

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I am pissed of because if I would have been long since last week, I would have closed already based on that stupid 2:1, 3:1 rule management instead of keeping until today. But I make myself smile thinking... What if Suthmo is caught short now ?

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Quoting copi88

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{quote} EUR is at an option barrier now at 1.105 on the futures hence the pause but its not a very big level. Next significant level is at 1.110 which is around 1.1085 on the spot. Gamma scalpers will short at these levels as they have short hedging in place ie bought call options.

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Quoting Snowden

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{quote} SL to BE (810) . Adding at 850 Risk 40 for 80 EU trade -40

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Quoting TudorIoan

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{quote} Tell that to the guys who invented oscillators (stochs, macd...) indicators And also to the guys who made lotta money with using that indies

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