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  • #1,138,601
  • Dec 8, 2017 3:13am Dec 8, 2017 3:13am
Quoting asgcorp
{quote} Well noted, everyone has to trade his own account. On sup/res let me just add that horizontal sup/res are much stronger compared to sliding sup/res. I will add that in EURUSD bulls are located @/near 1670-90 area, bears will gain control if PA gets rejected near 1800. There is no 1800 coming unless we print @/near 1670-90 first. Have a nice day!
I feel that is also my perception if by sliding levels you mean TL's and CL's

But TL's and CL's are very helpful to indicate the way PA is traveling because most of the times prices are traveling in channels...they can be weak or strong...a spike is also a channel but a steep one.....

When prices are bouncing between the two and prices make a tap of the channel line it can indicate O/B or O/S....if at the channel line prices also meet support/ resistance the better...

Only my own perception...
trading is simple but is simple is not easy.
  • #1,138,602
  • Dec 8, 2017 4:14am Dec 8, 2017 4:14am
Quoting asgcorp
{quote} Check out the analysis I posted (prepared by Alice).
out of bollinger, below price channel, oversold
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  • #1,138,603
  • Dec 8, 2017 4:23am Dec 8, 2017 4:23am
Quoting ZenNy
eu: supp 1750 not resistance atm.....might change later on
Bulls seemed not interested here.........now maybe 1.1700..........MMovers waiting....

Done for the week.
trading is simple but is simple is not easy.
  • #1,138,604
  • Dec 8, 2017 5:29am Dec 8, 2017 5:29am
have anyone looking the USDCAD??? look like preparing to going down
  • #1,138,605
  • Dec 8, 2017 5:34am Dec 8, 2017 5:34am
Quoting asgcorp
{quote} Well noted, everyone has to trade his own account. On sup/res let me just add that horizontal sup/res are much stronger compared to sliding sup/res. I will add that in EURUSD bulls are located @/near 1670-90 area, bears will gain control if PA gets rejected near 1800. There is no 1800 coming unless we print @/near 1670-90 first. Have a nice day!
You've been warning about this move over and over again for a while now. A very good call.
  • #1,138,606
  • Dec 8, 2017 5:38am Dec 8, 2017 5:38am
Quoting mbrown
{quote} You've warning about this move over and over again for a while now. A very good call.
thank you! Yeah, look, for some ignorance though is a path of least resistance. I did what I could. Told a few traders to get out of longs / flip short. Everyone trades their own account. On EURUSD front - 1680 is a conservative target. DXY is in full out bull mode it can reload at some stage, but I won't be surprised if EURUSD hits 1.1550 @ some stage next 1-2 weeks ultimately.
  • #1,138,607
  • Dec 8, 2017 5:47am Dec 8, 2017 5:47am
Quoting asgcorp
{quote} thank you! Yeah, look, for some ignorance though is a path of least resistance. I did what I could. Told a few traders to get out of longs / flip short. Everyone trades their own account. On EURUSD front - 1680 is a conservative target. DXY is in full out bull mode it can reload at some stage, but I won't be surprised if EURUSD hits 1.1550 @ some stage next 1-2 weeks ultimately.
Mostly agree, but today it is playing with the H4 200 MA (bounce up?) and that gap at 1.1875 area still unfilled ....
Still a big distance to get up there but I am concerned that news may surprise us...
  • #1,138,608
  • Dec 8, 2017 5:56am Dec 8, 2017 5:56am
Will find out soon enough what happens. Some gaps never get filled, or get filled when you are already stopped out via margin call. Also check out my setup I've posted in GBPUSD. Looks like a dump incoming (non-Brexit related).

PS: Also naturally you'd prefer the gap to close same D or D+1. Other kind of gaps are called runaway gaps for a reason.
  • #1,138,609
  • Dec 8, 2017 6:01am Dec 8, 2017 6:01am
I see trend reversal. It's will be good position i think. 1.17266 is the lower level.
  • #1,138,610
  • Dec 8, 2017 6:06am Dec 8, 2017 6:06am
Quoting asgcorp
Will find out soon enough what happens. Some gaps never get filled, or get filled when you are already stopped out via margin call. Also check out my setup I've posted in GBPUSD. Looks like a dump incoming (non-Brexit related). PS: Also naturally you'd prefer the gap to close same D or D+1. Other kind of gaps are called runaway gaps for a reason.
Dude, do you trade or just type shiiit all day... You have your red flag so ease down on the posting ... Take a chill pill
Peace & Pips
  • #1,138,611
  • Dec 8, 2017 6:12am Dec 8, 2017 6:12am
Quoting YardiFX
{quote} Dude, do you trade or just type shiiit all day... You have your red flag so ease down on the posting ... Take a chill pill
yes I do trade. have a nice day dude.
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  • #1,138,612
  • Dec 8, 2017 7:18am Dec 8, 2017 7:18am
Nothing new , the same old , break & hold sr 1.1750 to next 1.1712 sr test & break & go on with every sr can have a spike up , the lower the bigger ok till break & hold the monthly low 1.1553 WATCHING . take care. fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,138,613
  • Dec 8, 2017 7:18am Dec 8, 2017 7:18am
Data coming shortly. Don't gamble. Trade the reaction. Pop open M30 charts of EURUSD/USDCHF/DXY and see what happens.
  • #1,138,614
  • Dec 8, 2017 7:47am Dec 8, 2017 7:47am
I dont get the connection how is it that the US data is good but it affects the currency negatively, does not make any sense to me. There should be a connection other wise this is just a guess game no matter how much research you can never get it right. I think after this one I am gonna call it quits, dont like something that does not have a logical understanding.
  • #1,138,615
  • Dec 8, 2017 7:53am Dec 8, 2017 7:53am
The price is testing support. And I think that the price will reverse and go up to the point of 1,17974. However, if the support breaks, it will go lower to the point 1,16794.
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  • #1,138,616
  • Dec 8, 2017 7:56am Dec 8, 2017 7:56am
I can not work on a senseless thing its like gambuling russian rolete, it has to have logic for it to be a trade, a skill, a profession, a art this is purely guess work, there is no logic all it does is to do the unthinkable that is why all the calcultion will say one thing then it will say another rubish to me. not waisting any more of my money fool me once fool me twice third its my fault. going to spread awareness I know when something is fishy trust me my calculations should work. they must otherwise something is wrong. gonna wait for my account to bust if it goes against my calculations, i am not gonna change anything never!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #1,138,617
  • Dec 8, 2017 8:00am Dec 8, 2017 8:00am
oh I forgot to say Nonsense I tell you, the dollar must strengthen it must.
  • #1,138,618
  • Dec 8, 2017 8:07am Dec 8, 2017 8:07am
bears coming soon
  • #1,138,619
  • Dec 8, 2017 8:18am Dec 8, 2017 8:18am
Quoting KingOSwing
Good day, Looking for some retracement on the daily. Will be building long for a few over coming days {image}
Good day

Closed all long positions entered.
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We Can
  • #1,138,620
  • Dec 8, 2017 8:20am Dec 8, 2017 8:20am
There should soon be bearish pressure on the 30 min. But would be temp. Daily longs still in play.
We Can
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