photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 464 of 464 FirstFirst ... 364 414 454 462 463 464
Results 4,631 to 4,638 of 4638
Thread: EUR/USD pair discussion
  1. #4631
    My pips hand is weak
    ----
     
    mony098 will become famous soon enough mony098's Avatar
    Join Date
    Nov 2018
    Posts
    121
    Accumulated bonus
    45.01 USD
    Thanks
    77
    Thanked 117 Times in 66 Posts
    Oil succeeded to achieve our first awaited target at 57.86 and attempts are being made to breach it, awaiting the extension of the upside wave towards our next target at 65.00, noting that stability above 54.30 is the most important condition for the continuation of the suggested bullishness.

  2. <a href="">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  3. #4632
    NF Rookie
    ----
     
    Kobe is on a distinguished road Kobe's Avatar
    Join Date
    Jan 2019
    Posts
    21
    Accumulated bonus
    21.29 USD
    Thanks
    1
    Thanked 17 Times in 9 Posts
    The euro is now in the sideways trend, and any increase in the price is immediately compensated by reduction, without giving an opportunity both for buyers and sellers to make a profit.

    Expected range
    As for to the intraday option trading, the main levels of support and resistance were at 1.1300 and 1.1400.
    These levels can be easily moved to today's price borders, from which we can start to work.
    Yesterday, the levels with the maximum volume were at the far strikes of 1.1150 and 1.1500.
    On the account of whether the price will be able to descend to 1.1150, I canít say anything, but an increase to 1.1400 and later to 1.1500 is quite real.
    Name:  a1feb21.PNG
Views: 24
Size:  381.1 KB
    Open interest.
    As for the new contract, which entered into force yesterday, there is a curious situation on the new contract.
    At the moment, the put level with the maximum open interest is higher than the call level.
    And Max Pain is at the call level. In short, there is kind of a mess. Apparently, traders were wondering about whether to start proper growth and exit from the four-month flat or try again to update the low of 1.1215.
    So far, Iím sticking to the first option, and if I donít see clear signals from the seller, I will refuse to sell and buy either amid corrections or after breaking through the call level and consolidating above.
    As for the weekly contract, the current trend of the market is clearly seen, but the option levels did not help much in understanding where the price will be in a week.
    Name:  a2feb21.PNG
Views: 3319
Size:  332.7 KB
    Trading actions:
    Since the rate is slowly but surely moving up, I decided to remove limit purchases and stop only one working purchase with the target of 1.1439.
    Stop loss order was placed just below 1.1244.
    Besides, I opened a new limit purchase at the level of 1.1285. Stop loss and take profit orders are 100 points each, the risk is also standard, 3% of the deposit.
    I wanted to sell from 1.1380, but then I decided to buy only under good option conditions.
    Good sales will be when I see the exit of large buyers from the market.
    Of course, no one prohibits to sell using scalping, but since I set targets of 100 points for the transaction, I see no point in getting distracted by sales.
    Name:  a3feb21.PNG
Views: 25
Size:  508.1 KB

  4. The Following 2 Users Say Thank You to Kobe For This Useful Post:

    facetoface (02-21-2019), sweetfriends (Yesterday)

  5. #4633
    NF Rookie
    ----
     
    Mal is on a distinguished road Mal's Avatar
    Join Date
    Jan 2019
    Posts
    28
    Accumulated bonus
    27.16 USD
    Thanks
    2
    Thanked 22 Times in 11 Posts
    Good morning, forum.
    Indeed, bulls got what they wanted as the price reached 1.1370 without any issues.
    Meanwhile, yesterdayís news from the FOMC meeting did not change much. Well, I expected that.
    Now, here are my thoughts about todayís movement of the EUR/USD pair.
    I believe the price will retreat to 1.1324 and then rebound to 1.1350. After that, it will retreat again to 1.1300 and face a resistance zone there.
    I think a notable movement will take place only on Friday, today the pair is likely to trade flat.
    Name:  b1feb21.PNG
Views: 3450
Size:  176.3 KB
    Currently, H1 is headed upwards. Yet, I have a signal of downward direction on M15, we have to consider this fact. Although, the breakout of 1.1362 will cancel the downward movement.
    Name:  b2feb21.PNG
Views: 23
Size:  169.3 KB
    What is required to get a bearish trend
    In order for trend to become bearish, there should be a zig-zag movement on H1. When the white line on H1 will be headed down, it will mean bears are winning. When it is in horizontal position Ė chances are 50/50. For now, the white line is headed upwards, so the trend may remain bullish. Nevertheless, I hope for it to become bearish.
    Name:  b3feb21.PNG
Views: 23
Size:  102.1 KB

  6. The Following 3 Users Say Thank You to Mal For This Useful Post:

    facetoface (02-21-2019), Jekai (02-21-2019), sweetfriends (Yesterday)

  7. #4634
    Where am I?
    ----
     
    Jekai is an unknown quantity at this point Jekai's Avatar
    Join Date
    Feb 2019
    Posts
    1
    Accumulated bonus
    0.00 USD
    Thanks
    1
    Thanked 2 Times in 1 Post
    Hello. I have noticed that the news background heeds the technical analysis, so that some news is ignored in the market (worked out in advance). The situation in the market is currently very depressing, perhaps due to the US-China trade negotiations. Large investors are waiting and do not open positions. Due to the uncertainty about a successful outcome of the negotiations, the whole market is standing in the same place. But for us, small speculators, unlike large investors, the movement of 50 points is also a profit.

    I personally do not notice a huge amount. As you can see from the volume profile, the whole volume is spread out and itís not possible to determine the exact price where exactly they buy and sell. I dare to conclude that the entire volume includes buy and sell orders. Now everyone has their own truth, someone is waiting for the price at 1.14, while someone - at 1.12.
    Name:  c1feb21.PNG
Views: 17
Size:  357.4 KB
    Based on even the open positions graph, it can be argued that almost equal shares of orders are open on both sides. In this case, it remains to wait until the strongest win and jump with him in one train.
    Name:  c2feb21.PNG
Views: 18
Size:  82.8 KB
    On the hourly chart, we can see the upward channel. According to it, the level of support for the channel is expected at 1.1320. What concerns me is that the whole market sees this channel. When many know what is located on the chart (figure, candle, important resistance), the price goes in the opposite direction.
    Name:  c3feb21.PNG
Views: 17
Size:  192.5 KB
    The daily chart is shocking us more and more. Yesterday, a Doji reversal pattern was formed again. But given the fact that we have rebounded from the lows of the daily chart of 1.1240, we should expect a further movement to the upside, but I am not sure.
    Name:  c4feb21.PNG
Views: 16
Size:  179.0 KB
    Conclusion: I am looking at the chart and do not understand what is happening, it is not even possible to predict where we will go. I think that the reason is the situation between the US and China, their trade agreement. When there is accurate data, it will be clear which way the trend is expected to go in the medium term.

  8. The Following 2 Users Say Thank You to Jekai For This Useful Post:

    facetoface (Yesterday), sweetfriends (Yesterday)

  9. #4635
    NF Addict
    ----
     
    mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab's Avatar
    Join Date
    Aug 2015
    Posts
    503
    Accumulated bonus
    190.27 USD
    Thanks
    218
    Thanked 261 Times in 172 Posts
    The EUR / USD pair is trading in a negative direction towards the 1.1310 support, which is one of the keys to the next trend along with the resistance at 1.1380, and as long as the price between these two levels continues in neutral until we get a clearer signal for the next direction, Would push the pair towards 1.1190 in the near term, while breaching resistance will lead the price to gains starting at 1.1443 and extending to 1.1550.

  10. #4636
    NF Rookie
    ----
     
    Kobe is on a distinguished road Kobe's Avatar
    Join Date
    Jan 2019
    Posts
    21
    Accumulated bonus
    21.29 USD
    Thanks
    1
    Thanked 17 Times in 9 Posts
    I have the level of 1.1330 as the main support. This range acts as support for the put level, where there was a powerful put level yesterday and the day before.
    The price confirms it. And yesterday, the maximum volume was at the same level of 1.1350 at futures price / 1.1330 at forex price. It is clear that the premium may have an impact, but a decline within the premium is normal, so at the critical mark of 1.280, I opened another position in reserve.
    The main target is the call level of 1.1430. I have been waiting for it more than one day, that's why I hope for today. On Friday, the price movement is usually interesting.
    Name:  a1feb22.PNG
Views: 1093
Size:  376.3 KB
    At the moment, I have only one purchase at the price of 1.1339 with the target at 1.1439.
    I will fix losses at 1.1239.
    The limit order at 1.1283 is waiting for its turn and so far in the "standby" mode.
    The targets of this purchase is 100 points from the entry, the risk is 3% of the deposit.
    Today, I would like to see the price within at least 1.14 Ö
    Name:  a2feb22.PNG
Views: 9
Size:  446.7 KB
    And so I hope that today, the market situation will be interesting. Limit the risks and wait for the long-awaited rally! Especially when the news background is full of significant events.

  11. The Following 2 Users Say Thank You to Kobe For This Useful Post:

    facetoface (Yesterday), sweetfriends (Yesterday)

  12. #4637
    NF Rookie
    ----
     
    Mal is on a distinguished road Mal's Avatar
    Join Date
    Jan 2019
    Posts
    28
    Accumulated bonus
    27.16 USD
    Thanks
    2
    Thanked 22 Times in 11 Posts
    Hello, everyone.
    First, I will tell you what happened yesterday, because all this is a link of one chain.
    Yesterday, the EUR/USD pair drew zigzags, that's what we were waiting for.
    Thus, we are creating a reversal model. It is not ready yet, since yesterday, the day was boring. And passivity is the first sign of the speculators' uncertainty. This means they can go in any direction. Yesterday, for example, I showed the difference between the kiwi and EUR/USD. So look at the New Zealand dollar and then at the EUR/USD pair, and you will understand why I predicted the downward movement of the kiwi, but as for EUR/USD, I am not sure yet, because this pair does not draw anything, it draws both the upside and the downside.

    My expectations are the same, that is, the downside. I am sure in the downward direction, while the technique does not indicate it clearly.
    From a technical point of view, the situation is currently 50 to 50, there is a sign of a reversal. First, the pressure on the downside is necessary; secondly, the second breakout of the 1.1322 level is needed.
    Today, I plan to pick up the downward targets. From the level of 1.1320, we will probably get a rebound again and pull back. I do not rule out a pullback to 1.1360. Then a movement to 1.1265 is anticipated. I expect a rebound from 1.1320, since H1 is not ready yet, it delays a reversal.
    According to my calculations, today, we may not have time to get 1.1210. It will be difficult for EUR/USD. But considering that we were standing in the same place and didnít do anything yesterday, we can arrange a good rally.
    Name:  b1feb22.PNG
Views: 1094
Size:  157.5 KB
    As you can see, H1 faces the downside, which means that the northerners have a chance. And if they use this chance, the target will be 1.1420. So, bears, our downside is not ready yet, the technique is not ready for this yet ... Yes, I am a bear, but a bear as for daily candles. According to the technique, it is early to sell. And in order to sell, the price should go to 1.1350-60 and then down. Only in such case, it will be able to open sell deals. And now the bears can be easily moved with stop orders. The situation is unclear. In addition, M15 begins to reach for the upside. The intraday levels are 1.1321 and 1.1365, so let's see what level will be broken.
    Name:  b2feb22.PNG
Views: 9
Size:  112.8 KB

  13. The Following 2 Users Say Thank You to Mal For This Useful Post:

    facetoface (Yesterday), sweetfriends (Yesterday)

  14. Sonata 19
  15. #4638
    NF Addict
    ----
     
    mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab's Avatar
    Join Date
    Aug 2015
    Posts
    503
    Accumulated bonus
    190.27 USD
    Thanks
    218
    Thanked 261 Times in 172 Posts
    The EUR / USD pair did not show any strong movement today to continue to fluctuate between 1.1370 and 1.1380 support levels, so we will continue to neutral until a breach of one of these levels is confirmed and then the next one is identified more accurately.

+ Reply to Thread

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria Ė Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria Ė Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria Ė Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom Ė converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.