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EURUSD only

  • #33,021
  • Aug 8, 2018 6:59am Aug 8, 2018 6:59am
still holding short
  • #33,022
  • Aug 8, 2018 7:00am Aug 8, 2018 7:00am
Quoting Maxjoy
If we touch .1605/10, might create Right Shoulder...keep a looksy
Breaking the neck right now!
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #33,023
  • Aug 8, 2018 7:00am Aug 8, 2018 7:00am
Quoting basit1
Thanks again Ata. H1 chart {image}
Closed with 40 pips profit done for today..

See you guys tomorrow.
  • #33,024
  • Aug 8, 2018 7:01am Aug 8, 2018 7:01am
Quoting Maxjoy
{quote} Breaking the neck right now!
I couldnt agree more!
  • #33,025
  • Aug 8, 2018 7:05am Aug 8, 2018 7:05am
Idea for EU..
Very small risk on this trade..

Did a bit of color drawings
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 58 KB
  • #33,026
  • Aug 8, 2018 7:08am Aug 8, 2018 7:08am
when everyone is looking at the same direction, it's time for the professional to ACT ~ beware
  • #33,027
  • Aug 8, 2018 7:09am Aug 8, 2018 7:09am
bears trap

eu h1
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd h1.png Size: 32 KB

dx h1
Attached Image (click to enlarge)
Click to Enlarge Name: DX H1.png Size: 37 KB

usd chf
Attached Image (click to enlarge)
Click to Enlarge Name: CHF H1.png Size: 36 KB
yes yes yes
  • #33,028
  • Aug 8, 2018 7:12am Aug 8, 2018 7:12am
Got shorty overnight. Just barely filled at 1.1620. I was expecting a much higher spike up to catch the breakout traders before the fall. Lucky for me I did not try to get better fill.

Not expecting much in the way of trend unless the FOMC guy comes out big for/against the current concensus. I have reverse at 1.1551, small lots only when rage trading.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 76 KB
Ecclesiastes 1:9
  • #33,029
  • Aug 8, 2018 7:12am Aug 8, 2018 7:12am
Quoting comeinvest
when everyone is looking at the same direction, it's time for the professional to ACT ~ beware
Depends on how you define "everyone".. our thread has more wise members than any other thread.. so you might be doing better by listening to the majority here.. Just advice..

Stay Green
Focus only on what truly matters!
  • #33,030
  • Aug 8, 2018 7:13am Aug 8, 2018 7:13am
Quoting Moty
bears trap eu h1{image} dx h1{image} usd chf {image}

so are you buying from here?
  • #33,031
  • Aug 8, 2018 7:16am Aug 8, 2018 7:16am
Quoting Toastmaster
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: sell 882018.png Size: 58 KB
  • #33,032
  • Aug 8, 2018 7:16am Aug 8, 2018 7:16am
Quoting bill1985
{quote} so are you buying from here?
i am still with the buy from 1.16140
yes yes yes
  • #33,033
  • Aug 8, 2018 7:17am Aug 8, 2018 7:17am
Quoting newbegger
Got shorty overnight. Just barely filled at 1.1620. I was expecting a much higher spike up to catch the breakout traders before the fall. Lucky for me I did not try to get better fill. Not expecting much in the way of trend unless the FOMC guy comes out big for/against the current concensus. I have reverse at 1.1551, small lots only when rage trading. {image}
Here is my new S&R based on the W. I did not see it until I posted last chart. This may be a long day with lots of small wins/losses. With luck, I will get more than I give.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 78 KB
Ecclesiastes 1:9
  • #33,034
  • Aug 8, 2018 7:18am Aug 8, 2018 7:18am
15844 touched three times, so will fail this time? imo
Be a spectator, not a player
  • #33,035
  • Aug 8, 2018 7:19am Aug 8, 2018 7:19am
Quoting Moty
{quote} i am still with the buy from 1.16140
Any SL in mind?
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #33,036
  • Aug 8, 2018 7:20am Aug 8, 2018 7:20am
Quoting Coreg2004
{quote} just for the sake of a discussion; what if the market decides to hold above 1.1586 (green area) and turns the abc pattern into 1-2-3-4-5? .. {image}
Pattern, ratios, time....again pattern, ratios, time......and always trade your plan.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur8-815M.PNG Size: 95 KB
Click to Enlarge Name: VeryShortThermWaveScheme5_15minto1H.png Size: 299 KB
Always trade your own plan...I don't provide trading signals.
  • #33,037
  • Aug 8, 2018 7:21am Aug 8, 2018 7:21am
After H1 candle closed below 60 LWMA, I am watching if there will be a response by closing back above.. If not I stay bearish.. If yes I will try to close my short with BE or little profit.... A bounce from 60 LWMA is not what I would like to see in a bear trend..

Stay Green
Focus only on what truly matters!
  • #33,038
  • Aug 8, 2018 7:26am Aug 8, 2018 7:26am
Quoting msniper
careful bulls the dollar index is now on the way to make a new monthly high. be ready to see some drop in euro {image}
agreed

however, methinks, it'll be a bitch of a bull trap!

D1
Attached Image (click to enlarge)
Click to Enlarge Name: DXY D1 080818.png Size: 105 KB


p.s. remember the 90% rule!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #33,039
  • Aug 8, 2018 7:26am Aug 8, 2018 7:26am
Quoting Coreg2004
{quote} Pattern, ratios, time....again pattern, ratios, time......and always trade your plan. {image} {image}
that's what i'm watching too

it's a very choppy market though, and i would be looking at the 1.1560 area as a reasonable first target
  • #33,040
  • Aug 8, 2018 7:27am Aug 8, 2018 7:27am
Quoting theDHT
{quote} agreed however, methinks, it'll be a bitch of a bull trap! D1 {image} p.s. remember the 90% rule!
and then, when the bulls cry out "am I dead yet?"

and the bears gloat, and their cups are full

she'll make you all whole
90% of people, are wrong about 90% of everything, 90% of the time...
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