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EURUSD

  • #1,126,541
  • Aug 6, 2017 2:36pm Aug 6, 2017 2:36pm
Apparently I'm down 3% today..sigh..
  • #1,126,542
  • Aug 6, 2017 3:00pm Aug 6, 2017 3:00pm
Hey Traders,

Wishing all of you some fair winds this week! I'm currently holding LONG EU and EJ...but might not survive the open. Here's some levels I'm looking to, perhaps they match up with some of you

LONG pendings:
EJ 129.60
UC 1.2542

SELL pendings:
EJ 130.87
AJ 88.15
UJ 111.40

Watch out for US inflation later this week, will have an impact on market expectations for dollar. Talk soon
  • #1,126,543
  • Aug 6, 2017 3:08pm Aug 6, 2017 3:08pm
Quoting KillerWhale
{quote} There is one thing we can get out of recent history though. Many people thought Trump would be a strong president so the dollar went stronger, and now that we realize what a failure he is, so does the dollar. How come I knew he would be a failure from the moment he was elective and so many people where too stupid to realize that? Many of those who voted for him will get hit the hardest by him.
Depends I guess, if you want to get economy rolling what do you do ,,,,,,,,hmmmm, easier to export cheap currency ,,,,,,,, harder to import hmmmm cheap currency
  • #1,126,544
  • Aug 6, 2017 3:46pm Aug 6, 2017 3:46pm
Quoting KillerWhale
{quote} Why do people keep saying this? it's such a lie! Is the next terrorist attack in the charts? Or the next earthquake? Or the next hurricane? Or the next cyber attack on a global scale? Or an impeachment of Donald Trump? (I wish) Come on and be realistic There are only 2 things in the charts. 1 This moment 2 History And absolutely NOTHING more.

The reality is we do not know what will happen next in trading or in life.

As retail traders what we can do is learn through technicality the psychology of the mass participants and create how own edge which relate to our own personality.....

A support resistant level is such not because it is a magic level but because there has pain there and more the pain more the importance of that level.......

and yes we need to understand the past in trying to speculate in the future........but in my view one has not to go back very much to get a grip of the very near future because pain and joy has to be fresh to still have an effect...
trading is simple but is simple is not easy.
  • #1,126,545
  • Aug 6, 2017 4:02pm Aug 6, 2017 4:02pm
Quoting KillerWhale
Quoting malcolmb14
...its actually simple as rule 1 .. everything we need to know is in the charts
Why do people keep saying this? it's such a lie! Is the next terrorist attack in the charts? Or the next earthquake? Or the next hurricane? Or the next cyber attack on a global scale? Or an impeachment of Donald Trump? (I wish) Come on and be realistic There are only 2 things in the charts. 1 This moment 2 History And absolutely NOTHING more.
totaly wrong. those who can move the price take care about terrorist attack, earthquake, hurricane by reflecting those events in price and retail trader follow market...
be patient and take time to understand it.
I can.I will. End of story.
  • #1,126,546
  • Aug 6, 2017 4:08pm Aug 6, 2017 4:08pm
If you are tracking EURUSD this week for possible trading opportunities, you may consider this top-down technical perspective.

Last week the price hit a significant resistance zone around the 1.18700 area and formed a bearish pin bar. We should expect a follow-through of price action for a southward push, perhaps after about 50.0 Fib retracement of the pinbar, which is around the 1.18170 area. An initial target of a southward move is the immediate support zone around the 1.16850 area or a retest of the ascending trendline (chocolate coour) from May 2017.

On the H4 time frame, price action had moved far above an outer ascending trendline (magenta colour) from the low of June 20 and momentum took it towards an upper tendline (khaki colour) which was rejected southward last week Friday. However, the last session of last week Friday saw buyers moving price toward testing the rejected trendline and this may happen in the early part of this week in line with the pinbar formation noted on the weekly time frame. Thereafter, price action is likely to head back southward and may target the immediate support zone between 1.16850 and 1.16187.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Top-Down_Analysis_H4_6th_August,_2017.png Size: 41 KB
Do your homework, follow the footprints of smart money
  • #1,126,547
  • Aug 6, 2017 4:08pm Aug 6, 2017 4:08pm
If you are tracking EURUSD this week for possible trading opportunities, you may consider this top-down technical perspective.

Last week the price hit a significant resistance zone around the 1.18700 area and formed a bearish pin bar. We should expect a follow-through of price action for a southward push, perhaps after about 50.0 Fib retracement of the pinbar, which is around the 1.18170 area. An initial target of a southward move is the immediate support zone around the 1.16850 area or a retest of the ascending trendline (chocolate colour) from May 2017.

On the H4 time frame, price action had moved far above an outer ascending trendline (magenta colour) from the low of June 20 and momentum took it towards an upper tendline (khaki colour) which was rejected southward last week Friday. However, the last session of last week Friday saw buyers moving price toward testing the rejected trendline and this may happen in the early part of this week in line with the pinbar formation noted on the weekly time frame. Thereafter, price action is likely to head back southward and may target the immediate support zone between 1.16850 and 1.16187.

I may be wrong. Trade safe and prosper.

KP

Attachment g

Attachment g
Do your homework, follow the footprints of smart money
  • #1,126,548
  • Aug 6, 2017 6:03pm Aug 6, 2017 6:03pm
Long order @ 1.1790,SL 1.1770
Still in bullslanding. Would sell big when main support is breached
Follow the Flow and Grow
  • #1,126,549
  • Aug 6, 2017 6:11pm Aug 6, 2017 6:11pm
Quoting fxtyrant
{quote} And yes... im back...
Wauwww!
You can still talk about EUR and advise noobs? Amazing? Tell me what happened? All your clients left after your no-stop policy disaster? You have been selling EUR since 1.06xxs. You blew a 100K DEMO account two weeks ago when EUR hit levels above 1.18xxs.

Did you really have any clients at all? Are you still running million dollar funds that you were bragging about? Or are you working for a well known investment bank that you told us about? Lies, lies lies >>> FXTyrant!

Be very careful people! This guy is a liar, I have no idea how he got back from being a commercial member to a normal member.

He will do everything to trick you, he can make up stories that you can never imagine.

Don't say you are not warned.

@Twee

Shame on you mate! You do know who he is and yet you gave him another opportunity to con people.

FF is becoming more and more a scammer's paradise. I am losing the little faith I had for FF after this scammer coming back.
  • #1,126,550
  • Aug 6, 2017 6:50pm Aug 6, 2017 6:50pm
I am looking at this Better Volume indicator.....I think it will be interesting to have volume as a guide also....

But I do not understand how does volume work with forex......

Maybe you guys can explain it to me? Thank in advance..
trading is simple but is simple is not easy.
  • #1,126,551
  • Aug 6, 2017 7:06pm Aug 6, 2017 7:06pm
Quoting Connors
{quote} Wauwww! You can still talk about EUR and advise noobs? Amazing? Tell me what happened? All your clients left after your no-stop policy disaster? You have been selling EUR since 1.06xxs. You blew a 100K DEMO account two weeks ago when EUR hit levels above 1.18xxs. Did you really have any clients at all? Are you still running million dollar funds that you were bragging about? Or are you working for a well known investment bank that you told us about? Lies, lies lies >>> FXTyrant! Be very careful people! This guy is a liar, I have no idea how...
stop bickering, and focus on your own
I'll leave it at that.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,552
  • Aug 6, 2017 7:07pm Aug 6, 2017 7:07pm
Quoting Connors
{quote} Wauwww! You can still talk about EUR and advise noobs? Amazing? Tell me what happened? All your clients left after your no-stop policy disaster? You have been selling EUR since 1.06xxs. You blew a 100K DEMO account two weeks ago when EUR hit levels above 1.18xxs. Did you really have any clients at all? Are you still running million dollar funds that you were bragging about? Or are you working for a well known investment bank that you told us about? Lies, lies lies >>> FXTyrant! Be very careful people! This guy is a liar, I have no idea how...
expecting FF to be this scammer free utopia is little over the top don't you think? I think FF try its best to root out bad people, but everything in life, it's not perfect system. people will always try to scam, and there will always be people ready to be scammed. Just sit back and watch the show. From time to time, when it is blatantly obvious..then call them out. But to go head over heels over it, is not good for your heart..or your hair (....oh nevermind )

ask them to give live calls or even post some real trades/account. they won't do it..citing countless excuses..

you know how you can tell a noob from a pro..a noob always comment on shit that already fucking happened....seriously..i don't need you to tell me that euro just went down cause whatever fuck the reason...tell me where it's going in the next minutes, hour, or day...see if you can actually do this trading.
  • #1,126,553
  • Aug 6, 2017 7:10pm Aug 6, 2017 7:10pm
Quoting hilmy83
{quote} expecting FF to be this scammer free utopia is little over the top don't you think? I think FF try its best to root out bad people, but everything in life, it's not perfect system. people will always try to scam, and there will always be people ready to be scammed. Just sit back and watch the show. From time to time, when it is blatantly obvious..then call them out. But to go head over heels over it, is not good for your heart..or your hair (....oh nevermind ) ask them to give live calls or even post some real trades/account. they...
funny we never see connors post any trades nor any accounts, but he sure is a negative character in here.

and he sure seems obsessed with the demo account im holding the USDCAD long from 1.4250, when clearly i havent traded that account for a while now and i've stated my attention to see if this UCAD trade is gona margin call the demo... 2 years and im still not margin called on it. so hes wasted 2 years to keep track and to keep bashing me on it....

BTW even the pros wont tell you whats going to happen in the future.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,554
  • Aug 6, 2017 7:16pm Aug 6, 2017 7:16pm
Quoting fxtyrant
{quote} funny we never see connors post any trades nor any accounts, but he sure is a negative character in here. and he sure seems obsessed with the demo account im holding the USDCAD long from 1.4250, when clearly i havent traded that account for a while now and i've stated my attention to see if this UCAD trade is gona margin call the demo... 2 years and im still not margin called on it. BTW even the pros wont tell you whats going to happen in the future.
just give live trade calls.. or post some screen shot trades before the fact..that's what i meant. Not some commentary of what already happened. and i'm not talking about you by the way, just in general..
  • #1,126,555
  • Aug 6, 2017 7:18pm Aug 6, 2017 7:18pm
Quoting hilmy83
{quote} just give live trade calls.. or post some screen shot trades before the fact..that's what i meant. Not some commentary of what already happened. and i'm not talking about you by the way, just in general..

Anyways im stepping out of the negativity,

And im thinking about starting a new thread, specifically on journaling my trades in VIX ETPs
if anyone is interested in vol trading...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,556
  • Aug 6, 2017 7:32pm Aug 6, 2017 7:32pm
Pending SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 2 KB
A good trader follows his rules, but great trader knows when to break them
  • #1,126,557
  • Aug 6, 2017 7:35pm Aug 6, 2017 7:35pm
waiting to see how price reacts to dp
  • #1,126,558
  • Edited Aug 7, 2017 1:16am Aug 6, 2017 7:38pm | Edited Aug 7, 2017 1:16am
she is at a 1/3 third from the top......traders here get interesting, normally.....maybe at European open.....


There were few boys once......a bit drunk.....and they started betting money on who had the bigger dick......

Then George said: "Frank go easy with the boys... just show enough to win"......


Off to Shelly beach....
trading is simple but is simple is not easy.
  • #1,126,559
  • Aug 6, 2017 8:24pm Aug 6, 2017 8:24pm
Ok boys and girls, new week new shit to deal with. So put behind all your fights and let's work together!

E started with pretty strong move towards 1818, I wonder if that would be it or stretched till 1830. Nothing big coming up on fundamental side next few days so pure technical. I am holding my short from 1777, even it goes against my strategy already. Target 1665. Daily closing on Friday seems week bearish. Weekly pin bar promising but I think we will see 1837 first before any continuation Down further. My SL just above that number. If E managed to retrace completely from here I am switching back to buy. Until then I will be adding Sell at 61 and 78 fibo respectively. I wish everyone great profit and prosperity this week! Good luck my friends!
  • #1,126,560
  • Aug 6, 2017 8:32pm Aug 6, 2017 8:32pm
Quoting ill_be_back
Pending SHORT {image}
Triangle formed by two strong support 1.17680, 1.17740 and strong resistance 1.17990 . If the price break above 1.17990, then the weekly resistance 1.18530 is most likely to be retested.

Due to today August Civic Holiday in Canada, no any relevant upward movement on USD/CAD is expected, so no any daily lower low is expected yet on EUR/USD also...

Most likely we'll see a range between 1.17450 and 1.17850 for all day long on LDN and NY sessions...
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