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Is EU going to touch 50 SMA at 1.1240? Flag formation in day graph can take price up to 200 pips not today but next week
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Hi,
i think i mentioned few posts back (but not sure if was on this thread, old man brain ) that this setup happens quite frequently and is very effective.
if you look the action at H1 chart, you can see the following:
Since the start of the day, (dashed vertical line) we haven't seen a high volume bar and the market was choppy, until we have bar marked as "A".
What's so special about this bar?
it's just the bar with the highest volume of the day (till then), but is a bar that makes a lower low but closes up.
entry on the opening of the next bar. target? - the descending trendline.
20 pips.
i know that that to some, this is 20 pips are peanuts.
not to me. i can live very well with 10 pips a day. 20? is even better.
why bother for 20 pips?... show me your trash bin...
i love straight forward, risk free, tp hits.
but then, is just me...
have a nice weekend all, and keep an eye on those kind of bars... or not.
cheers,
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If you don't know how to earn money, don't loose it.
Quoting khany
Good place for selling... This week probably finish between EMA 9 and EMA 26 (H1)... Easy scalp...
mission accomplished...
14th day of a month...
Quoting majorpairs
short 1.1218 tp open (target 1 1.1160) mental sl 40 pips usd x target on daily 97.735 will close eur usd accordingly, take partial profits along the way as usual
closed both shorts at 1.1205 (quick $275 )
Red TL breakout on H4 coming in a minute.. No more selling for sure..

I will buy dips only after confirmation from M5... waiting..

Stay Green
Be a seer, not a looker!
Quoting LCForex
I am going leave 2 sell limit at 1.1200 and 1.1220. Tp 1.1160 Stop 1.1240
Everything filled! trailing stop to 1.1220 Tp changed to 1.1184. Great to share some more here this week, that happens when I am stressed trading is the best drug for that
Don't believe me just watch!
Hi Ata,
Just looking at your Trade explorer. 34 trades from 34, all winners. Excellent stuff!!!. Anyway hope you can stay on this streak and if you have losers don't be distracted. You will get up quick enough.
I am following with interest,
Cheers and have a great weekend.
Trade to Trade another day.
Quoting Wavegarrick
Hi Ata, Just looking at your Trade explorer. 34 trades from 34, all winners. Excellent stuff!!!. Anyway hope you can stay on this streak and if you have losers don't be distracted. You will get up quick enough. I am following with interest, Cheers and have a great weekend.
I trade with all the styles I can: long-term, short-term, swing, scalpers, ninja hit and run, wave riding so on and so forth.. of course there will be losers.. They will happen here and there but I can't care less about streaks lol.. In the end it is all about making monnneeeeyyyyy heheheh ...but really thanks for your support buddy.. wishing best of success to you as well..

Stay Green
Be a seer, not a looker!
New Pending Order, Buy Limit: 1.1205
Lot: 1/4 unit
SL: 1.1185
TP: Open

Edit: Order is active now!

Stay Green
Be a seer, not a looker!
Gartley pattern on EUR/USD H1. Entry: 1.1221
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EU buy 1.12076 on the basis of day and 4HR graph, stop if 4HR candle close below 1.1177
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I will abstain from EU next week. On to better things. This pair really made sure it didn't go anywhere this week.
We should see bearish euro next week. Main target 1100+-.

And if not next week, it will come still, 100%.
highrisk Return This Year: -11.5%
Would not be surprised if next week opens with upside gap.. even now some banker could buy and spike this up before market close

Anyways.. end of week.. time to rest.. hopefully we meet again on Monday.. Happy weekends to all

Stay Green
Be a seer, not a looker!
Quoting Mitiblotch
I will abstain from EU next week. On to better things. This pair really made sure it didn't go anywhere this week.
dead mkt as of now , but next week could break out of this congestion and move upward

better not to trade it , if it trades in a daily 20 pip range
Quoting Ata-Turkoglu
Would not be surprised if next week opens with upside gap.. even now some banker could buy and spike this up before market close Anyways.. end of week.. time to rest.. hopefully we meet again on Monday.. Happy weekends to all Stay Green
it's 1.12680 now on XE.com
We are only learners in this life
Quoting Adam.k
{quote} it's 1.12680 now on XE.com
Xe showing 1.13062..
a 100 pips gap up in euro..wow...
Quoting Ata-Turkoglu
Would not be surprised if next week opens with upside gap.. even now some banker could buy and spike this up before market close Anyways.. end of week.. time to rest.. hopefully we meet again on Monday.. Happy weekends to all Stay Green
Ata, base on what you predict a spike?
Was interesting
Quoting euroboy2208
{quote} Xe showing 1.13062.. a 100 pips gap up in euro..wow...
Market is close don't count on it, it can easily heads back to closing price
Quoting aarash
{quote} Ata, base on what you predict a spike? Was interesting
Lol.. No official spikes yet.. Please ignore the comments.. We must see how market opens on Sunday midnight.. but.. I simply follow my shark pattern I shared on Daily chart... Sooner or later bulls will continue to complete this big shark pattern.. Nothing special..

Stay Green
Be a seer, not a looker!
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