EURUSD

I really hope those are not your accommodations, I wish you the best if they are ,,,,,,,,, as far as trading I have watched your te with anticipation hoping it comes right for you ,, I had really high hopes you would do the right thing and cut your losses when it went from red 88 89% to red 36% was the best I noticed ,,,,, then in a blink of an eye is was back to bad . Not knocking you or making light of you by any means ,,,took me a few episodes of losing it all to finally figure out doing the same sheet over and over again was not the way to be profitable ,,,,,,still have my days. For Gods sake man you ever get within 30% again think about cutting your losses ,,,,,,the new science is no better than the old science if you dont take some profit or get out with a small loss when the mkt tells you your wrong or your timing is way off ,,,,,,, I do think you have put a lot of time into your figuring and levels but maybe the patience to wait and see what developes at those levels would be a good start once,,,,,,, again not knocking you man but it dont appear atm that your method is sustainable without causing some head issues. Levels are not profitable unless you are doing what the market is doing at those levels . Maybe a little over thinking happening if those are your surroundings .. One day at a time man one day at a time ,,,,,,, Im pulling for you . Same ole daily chart I have been posting for ever ,,,,,dont take much thinking on flag patterns ,,,, there was a couple big ones on the daily and if you follow the smaller ones on a 4 hour chart its slowing working its way to to the projection on the daily ,,,,,until some of the flag levels get taken out or pierced on the 4 hour shorts are not paying what longs are when you get the right levels to get in long... Good luck man

Thanks for the interest, yeah I need to get a nice place, settle and focus, to much stress with eviction.

There's got to be a major bear reversal coming here somewhere soon, I'm sure.

Off to zZZ come back later with fresh eye's.

I need to start counting and get back in the game aye.

I see a bearish rectangle. Let me know what you think. Monthly Chart.

I will T.P. on support. 1.1760

I just sold EURUSD @ 1.1826 I think its overbought and I target about 80pips around 1.1745 which is a key support , my SL is around 1.1906.

I just Googled bits and pieces of that to see what it was from (book? poem?) And I found nothing, except your post. So.... dude!

Yep a triangle for sure ,,,,,, bearish rectangle , not sure lol. Getting to some levels one would think the selling may pick up a little for sure , rectangle area should be a support area now tho. 1760 not so far away not a recommendation by any means , your trade acct you should base your decisions on your analyses but for grins wherever your stop is look and see if there is any reason this would stop going up before then ,,, dont know if its a swing trade , day trade,, scalp trade etc etc ,,,,,, but usually the days direction isint decided till london open and news and sometimes not even till london and us sessions overlap,,,,,,, scalps and clues till then ,,,,,, for me anyway ,,,,, lots of wiggle room on a monthly chart... Let someone elses money show the way,,,, you dont have to be the early bird to get the worm in trading , cheers

A little 15 min bear flag set up could get it down to 1.1800, that would be a few pips closer to your 1760. Wouldnt bet on it tho , lol, Weekly R1 (1812) has been used for a support area once

LONG
S/O Lost 3

did you close it already? sl activated?

S/L

If the monthly trend is bearish why are you looking for longs?

does any one see eur/usd 1.11500
im afraid but this fall may continue till 1.05000

any expert view on this

My stats show that first half of August is untradeable .
Probably most City traders return on August 15th , LOL .......maybe there is another explanation .
EUR made a week's worth of rally in one day yesterday , expect a corective movement by at least wednesday noon .
My plan is to trade light next 2 weeks , will be risking max 2.5 % per trade and will be trading Gold , Oil and Yen .

hi, this is quite opposite then connors said: 1.24 then drop to 1.14 which is 1000 pips!! he said in that post : understand and observe patterns. I looked D,W,M...charts and could not see any pattern to support it.

I still see some profit taking this week and today can be that day where the price is trying to clear the 200-week moving average plus it smells like a bullish trap.

Took the retest of the little bear flag line for another crack at going back thru WR1 , profit taken on most with a couple runners with stps just in the money,,,, on to the next one. It may be a long .

Z-pattern shows a 400 pips downside movement on weekly chart...

About the z-pattern, see more on https://zfxtrading.wordpress.com/201...the-z-pattern/

Guess you misunderstood mate.
I meant the current bullish momentum is targeting 1.24xxs however I expect 1.1850s to hold for a retrace up to 1.1490s. In case 1.1490s hold as a support it will regain strength and try the large target I mentioned above.

I closed the trade @1.1817 and will seek a new short entry if I can get it above 1.1850s.