It will rectrace for more shorts.
Done for today.
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} if u dont take profit, some one else will take it from u. at some point profit has to be taken or it will disappear. atr stretched, and it can still drop another 500.. but the odds on a closed trade are 100%.. to go to 1073 i would be risking 200+ (or closer s/l level) for 43 pips.. at this point i dont even want to risk 20 for 43Ignored
Disliked{quote} I have some more R at 119.59...but I took a crack at the lower R, thought its a stronger one...still a long shot...Ignored
DislikedSince I see my mates are finally returning. From the realm of Mumbo Jumbo: Technical: long term - We are currently finishing or have already finished hyperbolic move of wave 1. Given the speed and structure of a cycle, I believe we are about to break wave 4 top of previous one. mid term - Structure of wave 1 consists of little abc - abcde consolidations followed by break. The closer to top, the higher degrees of corrections and the shorter dates. Due to mumbo saying wave 1 should break wave 4, think subwave 5 top is fake and we are about to go boom....Ignored
Disliked{quote} Sorry to hear that. If you don't mind me asking, why didn't you close on the bounce to 119.75? If BOJ is serious about cutting their bond purchases and they announce officially, we can fall a lot further. The problem with the current plan they've had in place is BOJ has cornered the JGB market and the purchases have had a diminishing inflationary effect, so they have to change what they're doing. Kuroda has stated that the 110-120 range is optimal valuation for the Yen. When it goes higher it hurts small medium size businesses that are reliant...Ignored
Disliked{quote} if u dont take profit, some one else will take it from u. at some point profit has to be taken or it will disappear. atr stretched, and it can still drop another 500.. but the odds on a closed trade are 100%.. to go to 1073 i would be risking 200+ (or closer s/l level) for 43 pips.. at this point i dont even want to risk 20 for 43Ignored
Disliked{quote} ...well agree reloading short at these levels is plain stupid if you ask me especially after so many chances to load before the break... However, its pointless to call the monthly low just yet during the intraday session without even London going home... Sure i got the same 1.120x as the most probable Monthly / Weekly area for the roll (and low) but I still got 1.116x swing level marginally open now and we still have the usual "minions calling the bottom and feeding the pig" when they get squeeze out when there is a breakout ... Whatever...Ignored
Disliked{quote} Weekly range is 194 pips and atr is 239 so far Monthly range is 335 pips and atr is 422 so far I agree daily is stretched today but I think monthly have some room down. I want to see what tomorrow will bring.Ignored
Disliked{quote} looks like we are on the same page friend and yes I'm still readingIgnored
Disliked{quote} no low (bottom) calling from me (just a reload target). looking to reload 1400/1533 ish atm.. .. and a possible new leg, after a new -109x low... and 1315 bounce roughly.. until it lets go of 1209Ignored
Disliked{quote} Ok I see, you are talking about the next swing leg... well its forming a bit more complex leg now both fundamentally and technically . We still need to close the month so lets let the M/W combo roll first and after we can discuss in detail .... sisseIgnored
Dislikedhey sisse bro still the same shitty levels but we did break and we are shaking now the town is dancing sorry u did not cash the move or u did get some love we did stuck in no break zone for a long timeIgnored