Hi!
Do you recommend to re-enter here? I think it can be a good idea...
Tucson2016
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It was a good short for short time. I would recomend to close all shorts now. It is going up.
jeanne_labelle
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Hi Jack,
I hope you 're right.
I m short in EURUSD...
But i think that i have done a mistake.
Why ?...
Because consensus is for parity between EUR and USD
And when the consensus declares that prices goes to one direction, price often goes to the other way.
Trading is psychlogy !
So I am afraid that price of eurusd is flying now to 1.08 or 1.10
Hope that heavens of Chartism are with us
Bye
@jeanne_labelle, it's ok. don't overthink too much. use stop loss to protect yourself
Zink
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@jeanne_labelle, there is a saying in wallstreet that "when all say sell is time to buy"
abdulmosawer
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@jeanne_labelle,
yes i am with you brother i think that the price will move up to the 1.0850 to 1.0900
in the coming week
Calamity
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Jack, what do you think 1.0671, it looks going higher .....
val_trader
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Hi jack, pleas might you give us an update ? This structure has been broken ?
Trader_Dale
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Based mostly on Market Profile and Price Action (daily charts) the strongest levels for short swings are 1.0710 and 1.0765. Heavy volumes were traded between those levels (accumulation) followed by strong rejection of higher prices resulting into renewed sell-off. I think that the sellers will be active there again.
Only thing to watch out for is ECB meeting on Thursday. Basically anything can happen there and I won't be trading during this event.
You can see my analysis here:
Do you recommend to re-enter here? I think it can be a good idea...