Disliked2170-75 would be a really nice low to hit -- bottom of the channel and a nice place to complete the B waveIgnored
swing it!
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Disliked2170-75 would be a really nice low to hit -- bottom of the channel and a nice place to complete the B waveIgnored
DislikedTypical for Draghi. Anyway, charts speak for themselves. My first target from 2360 is 2150 for today.
Trade safe, guys.Ignored
DislikedGood day to you, sir
Thank you. Appreciated.
Weekly chart for me still shows long... I may look to build a long position as we progress...
Do not see new lows and stuff just yet.
Your gut was correct today. So were many of the members here with general interpretation. Good company to be in.
All the bestIgnored
Dislikedummm interesting for sure - if we had hit 2175 this morning I would have been long for 1.249x right now I think we could go lower first - bank half at 170 pips lets the rest run for nowIgnored
Dislikedummm interesting for sure - if we had hit 2175 this morning I would have been long for 1.249x right now I think we could go lower first - bank half at 170 pips lets the rest run for nowIgnored
DislikedGood day to you,
Testing my theory on weekly. I am entering a long on weekly @ 1.2177. Because of the large timeframe - I expect drawdown - will manage that until my chart tells me otherwise.
Will see
RegardsIgnored
DislikedWill have to see... plan is to add / then clear weakest entry when /if in profit - slowly chipping away as we go to get to the best possibly entry. I'm on a dangerous timeframe - do not really like it. Too much can go wrong- too far, too quickly.
I guess the worst that can happen is a 300 pip drawdown..
Wish you all the bestIgnored
DislikedGood day to you,
So here we go... as expected - drawdown begins...
Now to figure out spacing of buys....this is going to be a very interesting exercise for me. If I disappear for a week or so, you know where i'm at..digging a hole, or digging out.
RegardsIgnored
DislikedAhhh Tau at least wait for a Non Farm's tommorow mate!
That's brave and I am sure you have a reason but we could close the week under 1,20
Ignored
DislikedI see a chance to test 1,20 nice rejections above - pretty solid line if you ask me + CCI in the mid'sIgnored
DislikedGood day to you, Sir
You have a very valid point. BUT - each time you called me brave, the pips came - so this is encouraging...
Just kidding.
You know - the robustness of a trading system is extremely important. It has to be tested under all conditions. One can not be trading a system that one doubts - right?
It has to be sustainable. It has to function. It has to "reason" with the trader. Losses are a part of trading. Should one think otherwise, that would be wrong.This here is the ultimate. I would not normally engage in the weekly...Ignored
DislikedHey Mike
Hope you are well mate. Consider daily charts or H4 if you are busy,
Gold made another really nice top same goes for SP 500.
I think next good buy point could be at 1570,20 if you consider very slow, consolidating daily uptrendIgnored
DislikedGood evening Tau,
Before I drive home....
The larger TF you use, the bigger RISK, but signals are the same. On a long term it should pay good, but in FOREX trading you will have to consider the exceptable lost once the trade goes the other way, and of course add some extra pips to SL just to avoid some spikes like today. The target would be several weeks away so waiting for it in a weekly chart would be hard. And of course trusting the indicator!? --> Trust your self!
Myself, in forex I use upto daily, like you mentioned the anticipation in weekly...Ignored