Morning 
EURUSD M5
That is my view for short term...
EURUSD H1
EURUSD M5
That is my view for short term...
EURUSD H1
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- #1,381
- Edited May 12, 2015 12:02am May 11, 2015 11:10pm | Edited May 12, 2015 12:02am
- | Joined May 2014 | Status: Trader | 2,733 Posts
- #1,382
- May 12, 2015 12:10am May 12, 2015 12:10am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Morning
Exit longs scalped
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- #1,385
- May 12, 2015 12:29am May 12, 2015 12:29am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} I agree that EURUSD seems bullish by the way. the target might be the purple zone I drew above... {image}
I do not have clear yet. So I'll be careful.
I do not rule even go down to 1.1060 (or around blue area).
But if it follow up, I would not rule out the salmon area first.
Wave to wave, that the day is long. Patience and discipline.
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- #1,386
- May 12, 2015 12:40am May 12, 2015 12:40am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} morning patron. while I was checking whether I agree your view or not, you got your pips already!
Actually I prefer to wait for the London session, but the matter seemed too clear to let it go.
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- #1,387
- May 12, 2015 1:28am May 12, 2015 1:28am
- | Joined May 2014 | Status: Trader | 2,733 Posts
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- #1,390
- May 12, 2015 2:01am May 12, 2015 2:01am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} this is where I was born by the way
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- #1,391
- May 12, 2015 2:03am May 12, 2015 2:03am
- | Joined May 2014 | Status: Trader | 2,733 Posts
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- #1,392
- May 12, 2015 2:57am May 12, 2015 2:57am
- | Joined May 2014 | Status: Trader | 2,733 Posts
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- #1,393
- Edited 2:01am May 13, 2015 1:32am | Edited 2:01am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Good Morning
EURUSD H4
In my opinion, after analysis of the correction greater, Big Picture, as long as below 1.1280 keeps the probability of return to 1.1060 (blue zone). Therefore, according to the intraday ranges, it is likely that I look for short trades.
Naturally, we can not predict the market. We can only look for high probability situations, and a plan, which may be changed, depending on market responses.
EURUSD H4
In my opinion, after analysis of the correction greater, Big Picture, as long as below 1.1280 keeps the probability of return to 1.1060 (blue zone). Therefore, according to the intraday ranges, it is likely that I look for short trades.
Naturally, we can not predict the market. We can only look for high probability situations, and a plan, which may be changed, depending on market responses.
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- #1,394
- May 13, 2015 3:20am May 13, 2015 3:20am
- | Joined May 2014 | Status: Trader | 2,733 Posts
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- #1,395
- May 13, 2015 3:26am May 13, 2015 3:26am
- | Joined May 2014 | Status: Trader | 2,733 Posts
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- #1,396
- May 13, 2015 3:46am May 13, 2015 3:46am
- | Joined May 2014 | Status: Trader | 2,733 Posts
To the readers of this thread ...
I think my work in this thread has finished, there are enough examples to those who are interested in this form of trading, to create their own personal system, from the simplicity of it.
I am especially grateful to isengoz and jstmzplsz, for his part, because their concerns got me thinking and I've improved. I've missed some traders, such as shantala, on which I had high hopes because of the relationship established between the waves and RSI.
I still think it's a good thread for those serious traders who want to share their views.
This is not intended to be a massive thread, because you have to have some level stopping understand and share the essence of the market. But the exchange of ideas between 4 or 5 TRADERS encourage them between them and benefit them.
Thanks to all.
I think my work in this thread has finished, there are enough examples to those who are interested in this form of trading, to create their own personal system, from the simplicity of it.
I am especially grateful to isengoz and jstmzplsz, for his part, because their concerns got me thinking and I've improved. I've missed some traders, such as shantala, on which I had high hopes because of the relationship established between the waves and RSI.
I still think it's a good thread for those serious traders who want to share their views.
This is not intended to be a massive thread, because you have to have some level stopping understand and share the essence of the market. But the exchange of ideas between 4 or 5 TRADERS encourage them between them and benefit them.
Thanks to all.
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- #1,397
- May 13, 2015 3:56am May 13, 2015 3:56am
- | Joined May 2014 | Status: Trader | 2,733 Posts
To the readers of this thread ... I think my work in this thread has finished, there are enough examples to those who are interested in this form of trading, to create their own personal system, from the simplicity of it. I am especially grateful to isengoz and jstmzplsz, for his part, because their concerns got me thinking and I've improved. I've missed some traders, such as shantala, on which I had high hopes because of the relationship established between the waves and RSI. I still think it's a good thread for those serious traders who want to...
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- #1,398
- May 13, 2015 4:54am May 13, 2015 4:54am
Hi Patron,
Are you leaving us? I learned alot from you guys and am still learning as I am still making mistakes....
Below are the trades I have taken today. Are those trades within ORS? Or am I being lucky?
Are you leaving us? I learned alot from you guys and am still learning as I am still making mistakes....
Below are the trades I have taken today. Are those trades within ORS? Or am I being lucky?
- #1,399
- May 13, 2015 7:21am May 13, 2015 7:21am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Hi Patron, Are you leaving us? I learned alot from you guys and am still learning as I am still making mistakes.... Below are the trades I have taken today. Are those trades within ORS? Or am I being lucky?
My answer is very simple. I try not to leave you, but I will not continue further with my monologues. I will try to answer the specific questions received from you, with pleasure, or at least I will give my opinion.
In what today is concerned, I will say that the trades you made are correct (ORS), and I would do the same or similar. But an analysis on H4, has led me to conclude that the correction which is underway at this level, it needs another bearish wave, before finishing the upward correction. Then I changed my mind and I have sought only short.
Still the trades you made are correct for me because the market was lateral M1 (look at moving averages, sma50 and ema233, without inclination, and the bands of Bollinger). And markeT was bullish intraday (ema89>ema233, M1), then you look for longs, then correct.
I hope I have answered your questions.
Later I was not so sure if the 1.1280 level I set myself I was right because I did not use the time H4 as well as in intraday. But what good is having an initial plan, and a system to use.
If intraday level using the ORS system, you will get consistent profits, then our fears and lack of discipline and damage the system will be in charge. Therefore, we work.
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