German, Swiss, Austrian closed. Not a big dog to world markets. But ey btw. have a bm talk these days mister swisstrader? waere cool
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EurAnalysis Kindergarten 24 replies
DislikedGerman, Swiss, Austrian closed. Not a big dog to world markets. But ey btw. have a bm talk these days mister swisstrader? waere coolIgnored
DislikedHi TP, hi everybody...
I think we're not finished yet with free falling.
It will be very important to see how today's DAILY BAR CLOSE looks like.
If we close the daily bar below today's open I will see more bears tomorrow morning.
I don't have much time for trading this week, but here's my quick 1H chart review on EU for next 4 sessions...
Definitely I will look for BUY near 1.26300 range.
AttachmentIgnored
Disliked
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer RothschildIgnored
DislikedThe answer is simple BvB. The powers have had much more time to dumb down the adults than they have had to dumb down a 12 year oldIgnored
DislikedThe most important thing for me now is the price behaviour on Asian session and then London opening...
Is this gonna break thru 1.27 ???
If this happens, how will the price react thereafter ???
It is a very strong support, and we have only 80pips left.
Probably tomorrow "the big boys" will place their multimillion orders right at or below this level to kill retail traders and to make a good bargain.
Well, we'll see, but all seems we will close today's daily bar on red.
-Ignored
DislikedIt is a very strong support, and we have only 80pips left.
Probably tomorrow "the big boys" will place their multimillion orders right at or below this level to kill retail traders and to make a good bargain.
Well, we'll see, but all seems we will close today's daily bar on red.
-Ignored
DislikedYou're talking about short squeeze? I'm thinking we bounce off 1.26 or 1.2590.Ignored
DislikedYep - its the problem with too obvious levels.. Price may never reach it or pierce it for a hundred pips. Either way its 50:50 probability and as always it ends with RR management and intraday price action..Ignored
DislikedWell, this is "the behaviour" I mentioned above.
Neither me or anybody else don't know exactly the level, though we all agree it will be this zone, probably a range of 30-50 pips close to 1.2620
Though I wouldn't be too quick with buying ALL-IN first thing in the morning.
I would even think it could consolidate till Monday...Ignored
DislikedYep - its the problem with too obvious levels.. Price may never reach it or pierce it for a hundred pips. Either way its 50:50 probability and as always it ends with RR management and intraday price action..Ignored
DislikedNo,,, I don't quite agree.
Bears have earned pretty good money so far.
They don't want to wipe out their gains and there will be loads of TAKE PROFIT orders at this level.
Triggering all those orders will push the price up, what will encourage optimistic bulls for further buying.
What we need is an impulse.
Only goddamn bad news can change it so far...Ignored
DislikedWasnt the same logic applied in January when Daily TL was pierced from both sides for a period of two weeks..? Many entries where f**ed up..Ignored
Disliked:-) Because it's fundamentals pushing the price up and down, while technicals set up where it's gonna happen...
Definitely we should see some PRICE ACTION,,,
I am not saying price will fly sky highs 1.3200, but it is a nice area for a correction of last week fall.Ignored
DislikedIf a doji forms today on the daily is it not then indicative of a change in the trend?Ignored
Dislikedall you need to know is gold is holding support
gold and euro hit lows today at the same moment (1526.93 for gold on my mt4 euro 1.2680 oh and silver 26.75) no coincidence of courseIgnored