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  • #1,123,401
  • Jul 15, 2017 5:36am Jul 15, 2017 5:36am
sorry not eu

au 60m tremendous move....
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trading is simple but is simple is not easy.
  • #1,123,402
  • Jul 15, 2017 7:07am Jul 15, 2017 7:07am
Quoting TudorIoan
{quote} OMFG, you really took it as a serious professional advice ! Cool down, bro! You really need to detach yourself from trading for a while... sleep is helping a lot, and that's a professional advice lol Relax, and have a gorgeous weekend, man!
I have taken 3 days off from trading mate I am fine thanks.

I am just saying that fundamental/sentiment is how real money gets made in forex.

Technical is also good don't get me wrong but a chart can't predict economic behaviour.

Download a app called retrader on your phone and I bet you will have opened your eyes to fundamentals after that app game.
  • #1,123,403
  • Jul 15, 2017 7:46am Jul 15, 2017 7:46am
Quoting PatienceFx
eu will achieve 1.16 in july, period
Based on what? Wishful thinking mate...
  • #1,123,404
  • Edited 9:40am Jul 15, 2017 9:16am | Edited 9:40am
Quoting effix02
{quote} It will only say hello (as you word it) if ECB allows it so with its statements and there's hardly a chance for it in the short term. Euro is not going to 1.16 on pure technicals. It needs fuel and the serious one to get there.
May I ask you, when ECB or Draghi will say New Statement ?
Why Not ? Everything is Possible in the Market


I knew first based my Chart, the Price will go ...

Check it Out my previous Posts :

1. Post #1,121,887 Jul 7, 2017 13:04
2. Post #1,122,236 Jul 9, 2017 19:53
3. Post #1,123,158 Jul 14, 2:44 (41 hr ago)
4. Post #1,123,243 Jul 14, 18:02 (25 hr ago)

And NOW I give EURO Weekly Chart included FIBO Monthly & Yearly Calculation's ; 2 MA's Blue Magenta as 4MH & Green Red as Yearly and SUPPLY DEMAND Blue Box as Demand Area & Red Box as Supply Area. Found GAP in LEFT side's in the Screen Weekly Chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Euro Weekly Chart Big Chart 2017-07-15.jpg Size: 489 KB
Click to Enlarge Name: Euro Weekly Chart Small Chart 2017-07-15.jpg Size: 491 KB
Always looking the GREAT, never left GOOD Point...
  • #1,123,405
  • Jul 15, 2017 9:22am Jul 15, 2017 9:22am
Quoting Ata-Turkoglu
{quote} I think people will always ask.. -1 year later: Will the gap be closed? -7 years later: Is the gap not closed yet? -53 years later: Gap.. will it be closed? -204 years later: There was a gap.. I remember.. and... uh... pass me my blood pressure pills please.. -755 years later.. In the beginning there was a gap they say.. and legendary traders who waited for it to be filled they say.. what a legend.. yeah I know I exaggerated a little.. Stay Green
Quoting Tsar
{quote} Did you already check GAP previous Year closed ?

@ Ata-Turkoglu,

Here the Answer on my Post #1,123,411
Always looking the GREAT, never left GOOD Point...
  • #1,123,406
  • Jul 15, 2017 9:25am Jul 15, 2017 9:25am
Quoting effix02
{quote} Based on what? Wishful thinking mate...
purely based on technicals
  • #1,123,407
  • Jul 15, 2017 9:41am Jul 15, 2017 9:41am
Quoting Tsar
{quote} May I ask you, when ECB or Draghi will say New Statement ? Why Not ? Everything is Possible in the Market I knew first based my Chart, the Price will go ... Check it Out my previous Posts : 1. Post #1,121,887 Jul 7, 2017 13:04 2. Post #1,122,236 Jul 9, 2017 19:53 3. Post #1,123,158...
so u spent some hrs finding ur previous posts to prove some people who u never really met that u r right about ur words?
r u trader or frequent poster?
WaBaS Where are Buyers and Sellers
  • #1,123,408
  • Edited 10:03am Jul 15, 2017 9:49am | Edited 10:03am
Quoting mr.brown
{quote} so u spent some hrs finding ur previous posts to prove some people who u never really met that u r right about ur words? r u trader or frequent poster?
This Time only...
Always looking the GREAT, never left GOOD Point...
  • #1,123,409
  • Jul 15, 2017 10:19am Jul 15, 2017 10:19am
Quoting effix02
{quote} Based on what? Wishful thinking mate...
I can also provide for his way of thinking..

From the monthly chart below we can see that candles are at a critical level (black resistance line). If this resistance breaks of course next targets will be 1.1650 and 1.17 levels.. Since these levels are very close to each other he must be assuming that black resistance line is already broken (which is not true yet).

Therefore I would say, we can't just write down our hopes into sentences like this: I take the Black trendline as broken and price will head to 1.17 and then that level will break too and very soon it will go up to 1.1875 and once this rally starts the pressure will automatically push price even higher until market meets first serious resistance line (THICK RED) at 1.2450 where it might bump back.. Lol... what a wonderful worrrlllddd!! This is not technical analysis.. this is pure imagination that feeds from your deepest expectations.

The better and right approach is to go step by step. For now black resistance line seems to give in a little but we don't know for sure if price will bounce back from 1.15 or not. Let's wait and see first where market opens. I guess there is still lots of unfinished business down at 1.11 levels considering we had no significant retracement so far. Which makes me think that even if black resistance line breaks price would stall somewhere around 1.1730 and go back to retest lower levels first. But again this is all too early to discuss. Step by step.. take a deep breath.. count to 10... calm down... and enjoy the progress.. my half cents...

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #1,123,410
  • Jul 15, 2017 10:33am Jul 15, 2017 10:33am
Quoting Ata-Turkoglu
{quote} I can also provide for his way of thinking.. From the monthly chart below we can see that candles are at a critical level (black resistance line). If this resistance breaks of course next targets will be 1.1650 and 1.17 levels.. Since these levels are very close to each other he must be assuming that black resistance line is already broken (which is not true yet). Therefore I would say, we can't just write down our hopes into sentences like this: I take the Black trendline as broken and price will head to 1.17 and then that level will break...
lets wait if it;
breaks, bounce, rejectes, market open/close, bar open/close, gap fill, HH, LL,................... is t gentle way saying "I have no idea"
WaBaS Where are Buyers and Sellers
  • #1,123,411
  • Jul 15, 2017 10:36am Jul 15, 2017 10:36am
Quoting denisius
{quote} Good words! All true. Thank you kindly! I have never had so much support in my life. All of you guys make me change my mind already. I thought quitting is the option but now I feel like I am not ready to quit! Need to take a break and make a new plan. Which I am going to do. Which I am already doing!. Trading is all I have, it's all I am good and bad at it same time. All this years I spent here can not be buried just because of few bad months. I will take it slow back ! Thank you !
I believe what the chart saying! Daily high has broken!
For me, previous weekly 1h, 4h daily, weekly and monthly candle with full bullish one. I would say it is still bullish and will look to buy at supports. I wont hope for the short side until any 1h, 4h, daily breaks the down side and i will change my bias and look for sell.
Follow the trend is your friend as you siad so !
Other traders ideas is just for hearing, thinking, watching, NOT following!
  • #1,123,412
  • Jul 15, 2017 10:40am Jul 15, 2017 10:40am
Quoting mr.brown
{quote} lets wait if it; breaks, bounce, rejectes, market open/close, bar open/close, gap fill, HH, LL,................... is t gentle way saying "I have no idea"
If you have an idea please share it.. nothing stops you from showing your superb skills (if any)

Stay Green
Focus only on what truly matters!
  • #1,123,413
  • Jul 15, 2017 10:49am Jul 15, 2017 10:49am
EURUSD Daily - Important Levels

Below are the important levels for Monday.. (maybe Tuesday will be similar in case of low volatility).

  1. 1.1460 is nearest support now, based on daily trend pivot. (and assuming market won't open with a gap below this level).
  2. Bulls are trying to break 1.15 level. Very choppy priceaction so far (especially when looking at past 11 candles), which makes me believe even more that 3 Drives pattern would reject price. More than 50% chance it will.
  3. Inside these last 11 candles of choppiness there is a tiny doji candle. The opening and closing price of this candle is roughly 1.14, write this level down as strongest support level, because with any retest we will see how price bounces back from there.

Nothing much to say for Monday.. bulls will stay bullish.. buy trades will stay open.. all eyes are on 1.15 level.. we will wait and see..

Stay Green

Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #1,123,414
  • Jul 15, 2017 11:14am Jul 15, 2017 11:14am
Quoting NotAtrader
Sorry if I'm wrong, but IMO dollar has hit a strong bottom and it will reverse soon and it will be big. This is most probably the last major down move for the US dollar. It will turn upwards together with a big equities reversal. This kind of predictions are almost never wrong. I just don't know exactly when, but I guess in about two weeks time we can see an awesome big reversal in both equities and the US$ Index We can possibly see EUR/USD touching 1.1500 towards the end of July, but I really doubt it will. I guess we will rather see 1.1200 pretty...
AS stated in previous posts , not a rocket scientists or charting guru by any means ,,just a simple farmer ,,, I dont see a strong bottom in the dollar quite yet ,,, not really looking for a bottom or a top long term because price is a long way from either ,,,,,,,,how about some middle ground where the talking heads and big shots can create some bubbles and manufacture predicaments that drive currencies or markets,,,,, balance point ,,point of control etc etc is basically the middle of these 2 charts ,,,,,,,,, carpenters level the bubbles in the middle its from that point that everything can go haywire lol,,,, Ive taken a few shots short to no avail made much more going with the market and the eur is going up ,,,, I dont get a big bias either way who cares as a trader as long as it moves thats what ya need to make money ,,,,,The eur has spent more time above 1.20 than below it ,the dollar has spent more time below 90 than above it in these 2 charts ,,,,,,,,what are the factors thats gonna keep these from chugging to their middle ground ,,,,, the charts will tell you before it hits the news wires ,,,,,,, be fun to see what if any is manufactured to blame it on when these hit their bubble ,,,level point if they do ,,,,,, if I was biased I would say the bubble points in the coming months
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  • #1,123,415
  • Jul 15, 2017 11:21am Jul 15, 2017 11:21am
Quoting Angelina
{quote} I believe what the chart saying! Daily high has broken! For me, previous weekly 1h, 4h daily, weekly and monthly candle with full bullish one. I would say it is still bullish and will look to buy at supports. I wont hope for the short side until any 1h, 4h, daily breaks the down side and i will change my bias and look for sell. Follow the trend is your friend as you siad so ! Other traders ideas is just for hearing, thinking, watching, NOT following!
I mentioned something in previous post, I have only 1 confirmation of potential reversal on 1 D chart, I need 3. Since this will be my trial week and I don't have much on my account left to trade I am starting with smallest size. Only fewer trades this week I am planning. I am not hunting sale on EU I am looking for Long entry , I am skipping all retracement short entries and concentrate on trading towards trend to minimize exposure and risks.
  • #1,123,416
  • Jul 15, 2017 12:08pm Jul 15, 2017 12:08pm
Possible scenario

EU H4
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A good trader follows his rules, but great trader knows when to break them
  • #1,123,417
  • Jul 15, 2017 12:11pm Jul 15, 2017 12:11pm
Quoting ill_be_back
Possible scenario EU H4 {image}
Seems like what I'm expecting also. It looks to me like there should be some solid resistance at 1.1500, then if hat breaks 1.1550 should provide a smaller amount. If it beats that, could scream higher. But for me right now it looks like it will challenge a bit over 1.1500, then go down like you show.
  • #1,123,418
  • Jul 15, 2017 12:11pm Jul 15, 2017 12:11pm
i dont have a 2 cents on this one...just that im long from 1.466 and taking profit when i see a candle that says to bail..
  • #1,123,419
  • Jul 15, 2017 1:26pm Jul 15, 2017 1:26pm
Quoting Not-KPMG
{quote} Hi pal You have my respect. It's possible indeed. I'll chart it... But I'd rather buy euro up. Why? August is the shi.tiest month. Next to May and December. Sentiment is short. Obviously....... So........? Buy 1.1620..... etc TP. I'm not trading August. Bad memories.... But I'll buy until mid-September.... Drop to 1.1320?? Maybe. Then up. Chart to follow. Then will see FED babble... And that's why I'm into 30m charts now Relaxing GL.

Hi mate,

What did you meant by " into 30m charts"? Are you targeting small TP?
  • #1,123,420
  • Jul 15, 2017 1:32pm Jul 15, 2017 1:32pm
This week I had 2 unfortunate trades shorting BP .
Losses were fortunately balanced by the Long term longs in DOW and S+P , DAX. which I let run with SLs far away...
E. small loss with the last short. I shorted last few momments before cls on Fri. at 114.69
I still believe in a stab near 113.50-60 before moving higher again . I noticed Connors has same idea....

Both E. and BP are approaching long term targets on a daily basis . We are NOT there yet . So don't jump the gun .

and yes DIGGER the $ is ready for an upmove to well above 104 , sooon ...

Have an enjoyable weekend crew
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