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Dingoman-two Aug 21, 2018 1:24pm | Post# 36001

Got lucky, bought as soon as i saw breakout from channel. Now trying to figure out where it can go to. {image}

supply and demand at 1.1600 area

Edit Hmmm maybe not

moneymagnet Aug 21, 2018 1:25pm | Post# 36002

Got lucky, bought as soon as i saw breakout from channel. Now trying to figure out where it can go to. {image}
i actually closed a small buy I had right after that break because it started sputtering at that resistance level again. Fortunately i had a buy stop just past yesterdays high. kudos to you!

Slt93 Aug 21, 2018 1:27pm | Post# 36003

What just caused the dollar spike?

The market.

It has to happen. It is in the market. Millions of people and computers combine to create this. You cannot stop it. It is the market, period.

Coreg2004 Aug 21, 2018 1:30pm | Post# 36004

{quote} INDEED SIR!
it's a crazy day, I am not prepared for anything else....

NovaFX Aug 21, 2018 1:36pm | Post# 36005

{quote} The market. It has to happen. It is in the market. Millions of people and computers combine to create this. You cannot stop it. It is the market, period.

Piptaker64 Aug 21, 2018 1:37pm | Post# 36006

What just caused the dollar spike?
S&P 500 hits new record high, ticks above 2,872.87 level..STOCKS ARE UP!

Jrotc1sg Aug 21, 2018 1:37pm | Post# 36007

ok guys i think i know the answer here but what should i do. i have a 0.12 SELL limit at 1.15000. my trade is negative $100 at the moment and my account was only at $413 before this move so basically im 25% down.. should i just eat the loss or hope within the next day or so it falls back down. looking pretty bullish right now. im aware that i used way to much leverage for my account size

BlueGas Aug 21, 2018 1:40pm | Post# 36008

Im guessing we are heading for 1645 next

Montrealer Aug 21, 2018 1:42pm | Post# 36009

ok guys i think i know the answer here but what should i do. i have a 0.12 SELL limit at 1.15000. my trade is negative $100 at the moment and my account was only at $413 before this move so basically im 25% down.. should i just eat the loss or hope within the next day or so it falls back down. looking pretty bullish right now. im aware that i used way to much leverage for my account size
Leverage is one of the problem. The other problem is going against the trend. You should have closed this long time ago. Where are your SL in the first place?

Piptaker64 Aug 21, 2018 1:43pm | Post# 36010

ok guys i think i know the answer here but what should i do. i have a 0.12 SELL limit at 1.15000. my trade is negative $100 at the moment and my account was only at $413 before this move so basically im 25% down.. should i just eat the loss or hope within the next day or so it falls back down. looking pretty bullish right now. im aware that i used way to much leverage for my account size
my 2 cents says we see 1600 today at a min..i also like BlueGas' thinkin...1645 is a real possibility too...

Montrealer Aug 21, 2018 1:44pm | Post# 36011

Im guessing we are heading for 1645 next
Looks like we go right there. 1.1650

Piptaker64 Aug 21, 2018 1:44pm | Post# 36012

ok guys i think i know the answer here but what should i do. i have a 0.12 SELL limit at 1.15000. my trade is negative $100 at the moment and my account was only at $413 before this move so basically im 25% down.. should i just eat the loss or hope within the next day or so it falls back down. looking pretty bullish right now. im aware that i used way to much leverage for my account size
its running my friend..get out imo!

Jrotc1sg Aug 21, 2018 1:45pm | Post# 36013

{quote} Leverage is one of the problem. The other problem is going against the trend. You should have closed this long time ago. Where are your SL in the first place?
i never use stops. i entered the trade when the majority of us thought it was going to fall thru the 1.1500 point and head lower. took my eyes off for 20 min and got screwed big time and was hoping it would go alittle lower and just take a minor loss. now its negative $-135 lol im just gonna hold on tight i guess

Slt93 Aug 21, 2018 1:46pm | Post# 36014

{quote} its running my friend..get out imo!
Get out? Are you crazy??

Stay with it - ONLY if you are LONG at present. Only sell on M3 10 EMA crossing 5 EMA Down. This is worth a lot of money to you. Trade it. An absolutely proven rule. Hundreds of times.

If you are short, I hope you got stopped out at your stop loss. If you trade without a stop loss, then your are, ........ err ................... STUPID!!. NEVER NEVER NEVER EVER EVER EVER do that again.

BlueGas Aug 21, 2018 1:47pm | Post# 36015

{quote} Looks like we go right there. 1.1650
1.16462 to be exact (and cocky )

digger1 Aug 21, 2018 1:48pm | Post# 36016

2 Attachment(s)
{quote} Explain the level to me. I believe nothing you say. My default is: This is absolute nonsense. I have to validate everything from basic science: 1 + 1 = 2 in maths. 1+1 = 2.5 in inflation and 1 + 1 = 1.5 in deflation - just to give you an idea of my sorting out B/S in textbooks. Then I apply it to trading.
Lol, most trading text books cheery pick a lot of sheet ,, real world everything dont lay so pretty . The mkt has been going up since it found support at the Quarterly S1 level ,, a rather significant level ,,, it dropped from a consolidation zone and broken trendline on daily chart , since quarterly S 1 it has just been claiming levels lost back ,, flag patterns and weekly levels work decent for price projections etc ,,,,,, the levels used for the most point are weekly pivots daily pivots for the intraday chess match , always working on the bigger levels ,,, levels hold ,, levels fold , thats trading , identifying what levels are being used for the intraday chess match helps put the bigger picture together. There is no magic or mystic ,,its just levels getting bought or sold then the end result . Believe or not , if you trade long enough you will realize that ,,, when your averages cross on your 3 min its not random there is a reason,,, that being a level is going to be tested or a level didnt hold ,no more no less, Not real fluent on explaining sheet but look at the charts you get the jest ,, same levels and patterns I have posted for the last several days Click to Enlarge

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Jrotc1sg Aug 21, 2018 1:48pm | Post# 36017

{quote} Get out? Are you crazy?? Stay with it. Only sell on M3 10 EMA crossing 5 EMA Down. This is worth a lot of money to you. Trade it.

i will try this method thank you.

fxmasterdxb Aug 21, 2018 1:49pm | Post# 36018

{quote} Hope that goes well for you, i have taken the bull train on 1.1495 and waiting for 1.1580 to offload
Done

Piptaker64 Aug 21, 2018 1:49pm | Post# 36019

{quote} i never use stops. i entered the trade when the majority of us thought it was going to fall thru the 1.1500 point and head lower. took my eyes off for 20 min and got screwed big time and was hoping it would go alittle lower and just take a minor loss. now its negative $-135 lol im just gonna hold on tight i guess
Quoting Piptaker64
Son-of-a-beash!! I was short @ 1746 from early this morning during London...fell asleep in my damn chair...woke up to 1791... WHAAAAATTT...That initial drop saved my arss...I'm out plus 5 pips!! I haven't felt that LUCKY since the parties in high school!! Now look at it!

This is Ata's response to me when i "left my computer"...I listened to him..i advise you do the same my friend..its helped me!

Once you start taking "Trading" as a serious business.. let's say at least like a "receptionist" in a 5 star hotel.. then you will understand what it can cost you to sleep in front of your customers..

Stay Green

Wavegarrick Aug 21, 2018 1:51pm | Post# 36020

Eurusd in turbo mode


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