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nic9man replied May 7, 2021Wow that's an aggressive one - think before the NFP we will see a strong mean reversion, but there are still some hours to go
EURUSD only
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nic9man replied May 7, 2021For me your charts are nearly as confusing as those from Macdulio
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nic9man replied May 7, 2021lol, man you are dramatic. but if we see a payroll of 2mm+ rates and USD might fly for a day or two.
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nic9man replied May 6, 2021Maybe if we see a number like +2 million like one economist expects (from Jefferies).
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nic9man replied May 6, 2021Just an educated guess - usually I don't like to trade on those numbers and stick with my overall picture, but sometimes the market reaction on the numbers creates opportunities or the number requires action. In the end this payroll report does not ...
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nic9man replied May 6, 2021Myself I only adjust my positions after the outcome, according to the dollar smile in the current regime (meaning very good or extremely bad numbers compared to expectations are usually USD positive and everything near expectations is EUR positive). ...
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nic9man replied May 6, 2021A cypher is a wedge right? Where do you see this if I may ask? Always interested in wedges..

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nic9man replied May 6, 2021Looks like it has broken already now and we will visit 1.2040 for a restest
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nic9man replied May 6, 2021hey man, i noticed you also like wedges, i think we are in one right now on M15. This one indicates a corrective sellof starting before 1.2070. What do you reckon? Think we need one more touch to 1.2064 or so to complete it.
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nic9man replied May 6, 2021Ok thanks, was just wondering why you have so many longs although you did not think it would go up much. But maybe "soon" means the next quarter hours or the next hours for you instead of the next days.
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nic9man replied May 6, 2021Final train sounds good
Which target do you have in mind for the final train?EURUSD only
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nic9man replied May 6, 2021Hey man, I don't get it, why do you keep drawing it as a channel when it just proved it was a wedge?
You can still draw it as a channel when the falling wedge breaks to the downside...EURUSD only
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nic9man replied May 6, 2021Hey brother, would you be so kind as to write an abstract next time which summarizes your post below?
Not sure if I got the essence - I understand that you are mostly long, but at the same time you don't believe that 1.2060-80 is reached anytime ...EURUSD only
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nic9man replied May 6, 2021In terms of H4 horizontal lines it is even 1.2027 which should be main resistance and upon passing main support in my eyes. It slices nearly perfectly through the H4 candles of the last month, only violating the body of three candles.
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nic9man replied May 6, 2021Wedge broke north as expected, now I expect a retest of 60-70 region and if successful then of 1.2150 highs
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nic9man replied May 5, 2021Sneaky bull action just started, wedge resistance sits at 1.2009 now, but in 6 hours it will be at 1.2000, so holding the level would suffice for a wedge break to the upside. Let's see what Asia is up to.
EURUSD only