The wind is changing

1.14 is the monthly pivot point

togr posted:
Still holding around 1.14 as predicted

What’s the update me & your current statement? If you don’t mind actually.

Do you guys think it's too late for shorts?

Adribaasmet posted:

togr posted:
Still holding around 1.14 as predicted

What’s the update me & your current statement? If you don’t mind actually.

I do not see any clear direction right now
Everybody is waiting for Brexit and then it will be a ride

It seems like EurUsd is going to go up 1.2980

iamjacobs posted:
It seems like EurUsd is going to go up 1.2980

Maybe, but I am expecting more! Actually, EURUSD is my favorite trading pair!

iamjacobs posted:
It seems like EurUsd is going to go up 1.2980

It is currently at 1.1360
I do not expect it to rise to 1.2980 ever again.

I have the habit to never say never because everything is possible, but 1.2980 does seem a little far-fetched.

togr posted:

iamjacobs posted:
It seems like EurUsd is going to go up 1.2980

It is currently at 1.1360
I do not expect it to rise to 1.2980 ever again.

Now I am expecting 1.121 level once again, clearly it’s a down trend.

I suppose, the market of EUR/USD will show us another wave to 1.3000 and testing a support of 1.2700 again.

AnthonyWins posted:
I suppose, the market of EUR/USD will show us another wave to 1.3000 and testing a support of 1.2700 again.

When do you think that might happen? I doubt it will be in the next year.

eabrams posted:

AnthonyWins posted:
I suppose, the market of EUR/USD will show us another wave to 1.3000 and testing a support of 1.2700 again.

When do you think that might happen? I doubt it will be in the next year.

Sorry , I meant pound / dollar

AnthonyWins posted:
I suppose, the market of EUR/USD will show us another wave to 1.3000 and testing a support of 1.2700 again.

GBP/USD currency pair

eabrams posted:

AnthonyWins posted:
I suppose, the market of EUR/USD will show us another wave to 1.3000 and testing a support of 1.2700 again.

When do you think that might happen? I doubt it will be in the next year.

If market breaks this 1.121 level, then the price will be more cheaply for sure! Since, it’s clean bearish trend.

Hey there!! Explain me, please, how to catch the moment when the direction will change?
Thanks a lot

Emma123 posted:
Hey there!! Explain me, please, how to catch the moment when the direction will change?
Thanks a lot

Not that easy. you need to study a lot :)

Emma123 posted:
Hey there!! Explain me, please, how to catch the moment when the direction will change?
Thanks a lot

Emma123, the basics.
Uptrend. When you have a higher high and a higher low.
Downtrend. When you have a lower high and a lower low.
Consolidation. When prices don't create a trend. Imagine a Downtrend when you have a lower high and a lower low. After this, market stop to make lower lows, but is unable to create higher highs. In this case prices make a triangle. These consolidation is a signal of a possible change in trend.

Arcferreira posted:

Emma123 posted:
Hey there!! Explain me, please, how to catch the moment when the direction will change?
Thanks a lot

Emma123, the basics.
Uptrend. When you have a higher high and a higher low.
Downtrend. When you have a lower high and a lower low.
Consolidation. When prices don't create a trend. Imagine a Downtrend when you have a lower high and a lower low. After this, market stop to make lower lows, but is unable to create higher highs. In this case prices make a triangle. These consolidation is a signal of a possible change in trend.

While your intention is to help it wont work. She can't trade based on your advice.

Thanks a lot!!! Could ypu advise some books or forums where I could get information about my previous question?