Currency rate just broke down key 1.1510 We see on the chart that currency rate was in 2 month range. The price just showed, that accumulation was for Short.
Open sell after pull beak to 1.1500 -1.1510 Goal 1.1330 S/L 1.1550
Forget about short If H4 will close upper 1.1520
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EUR/USD moved down without any pull beak
I will look for sell if there will be any pull beak to key zone 1.15 on Next week
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EUR/USD is moving to 1.13
We can open Short position only after pull beak to 1.1500 - 1.1510
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I think the price can make a pull beak up to 1.15 I see that currency rate stoped At this moment.
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there was a lot of people who thought that currency rate will move up.
But I wrote that currency rate break down powerful range. I think it can move down to 1.11
EURUSD is ata 1.1450 right now. you are so right. Do we go on with SHORT Sir? please help
Yuriy_Bishko
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@YasminaEscoto, Yes we can. But it is better to open deal near 1.15.
because only there you will be able to set low potential stop.
KL3M3NNN
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I think you are late to the party, most shorted yesterday already and market sentiment is going towards a stronger US economy. Short term finding a good entry point might be more profitable, but long term US is going toward a more strong economy, where as Euro is still being pretty much the same old nothing.
Yuriy_Bishko
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@KL3M3NNN, I trade my system
Most of the traders opend buy
The price Hited stop loses all of them.
I trade what i see not what i geas
Only Big Players can move the price, and they know everthing about news. Because they create it
KL3M3NNN
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@YuriyBishko, no offense, I think your analysis is good. However, I think you are forgetting market sentiment here.
Yuriy_Bishko
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@KL3M3NNN, I just trade my system, when something changes I adapt to it.
I know that I can be wrong, but in long term I am in profit.