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  • #1,129,041
  • Aug 21, 2017 5:55am Aug 21, 2017 5:55am
needed advice. is this right? H4 chart

https://charts.mql5.com/15/942/eurus...al-limited.png
  • #1,129,042
  • Aug 21, 2017 5:59am Aug 21, 2017 5:59am
me thinking means
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  • #1,129,043
  • Aug 21, 2017 6:01am Aug 21, 2017 6:01am
Pretty strong rejection of lower prices on thursday. Anybody planning long trades from there? I will be long around 1.1692
  • #1,129,044
  • Aug 21, 2017 6:04am Aug 21, 2017 6:04am
Quoting Zakhar13
At the moment, I believe that the price is in a state of consolidation. Although there is a possibility that the price will move in the downlink. But it's too early to talk about this until the price breaks point 1,16989. And if the price breaks it, price will go to the support to the point of 1,16462. However, I believe that the price may again go up to the point of 1,17820 and above. {image}
Hi Zak, Can I ask if you ever use any indicators?
Free speech is not ''free'' , there are always consequences.
  • #1,129,045
  • Aug 21, 2017 6:05am Aug 21, 2017 6:05am
Quoting 3Davy
{quote} Think the same. I have a pending short at 1.1770. Maybe better to wait for Dragi and yellen later this week. Untill then some scalping.
Hi Davy, is there an EU meeting this week?
Free speech is not ''free'' , there are always consequences.
  • #1,129,046
  • Aug 21, 2017 6:06am Aug 21, 2017 6:06am
Quoting Jonstaples
{quote} Nothing to add to my oldest post, however the consolidation has been for 8 days now and one thing is for sure when it breaks the the range we will get a good steady trend. So be at the look out for a potencial breakout.
Good thinking. I will always be waiting for a breakout but I think this will take some time. I don't think we will se a major daily move this month...
  • #1,129,047
  • Aug 21, 2017 6:06am Aug 21, 2017 6:06am
Finally some nice movement there in order to take some nice profit.
Predicted that move up last week. Got some nice buy-ins in the dips.

(by the way, if you are scalping - just ignore my input. I am looking to make sure I can hold trades if they go against me -- not looking to go counter-trend for a few pips at the risk of getting jammed and stuck in drawdown)
  • #1,129,048
  • Aug 21, 2017 6:07am Aug 21, 2017 6:07am
H4 candle is making another prison-break attempt here
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  • #1,129,049
  • Aug 21, 2017 6:07am Aug 21, 2017 6:07am
Quoting PatienceFx
me thinking means {image}
1785 good tp
  • #1,129,050
  • Aug 21, 2017 6:07am Aug 21, 2017 6:07am
Long or short both can make money until it gets out of consolidation.
Have dentist appointment so closed everything for now. Will check once US markets open.

Come and see my beautiful Santorini

Good luck everyone.
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  • #1,129,051
  • Aug 21, 2017 6:10am Aug 21, 2017 6:10am
Quoting Connors
Long or short both can make money until it gets out of consolidation.
See, that's just it. IMHO it never was in consolidation. It was only ever going to go up.
The only consolidation happened last Wednesday and early Thursday, and didn't last all that long before the market showed it's hand.....
  • #1,129,052
  • Aug 21, 2017 6:12am Aug 21, 2017 6:12am
1st target of the week
Attached Image
Lets make some green pips
  • #1,129,053
  • Aug 21, 2017 6:17am Aug 21, 2017 6:17am
Sold some at 766.
Lets see if we get a home run to 620...
Why sell the bottoms when you can buy the tops...
  • #1,129,054
  • Aug 21, 2017 6:18am Aug 21, 2017 6:18am
Quoting JustAndy
Sold some at 766. Lets see if we get a home run to 620...
quick scalp?
  • #1,129,055
  • Aug 21, 2017 6:19am Aug 21, 2017 6:19am
Quoting 4rx
1st target of the week {image}
Nice. Good 30 pip move was handed to us.
Now it's the end of Euro session. My prediction is still for more movement up. We're not finished topside.

Good luck US traders. Buy in the dips when AND IF you see appropriate opportunities

There's no red news to upset the trend until Wednesday, when Draghi decides to open his gob.
  • #1,129,056
  • Aug 21, 2017 6:42am Aug 21, 2017 6:42am
Weekly open is @1.17543. Shorts need to make sure it doesn't act as a support, can be very nasty.
  • #1,129,057
  • Aug 21, 2017 6:54am Aug 21, 2017 6:54am
Quoting jusstin911
{quote} quick scalp?
Ya bud, a quick 140+ pips scalp
Why sell the bottoms when you can buy the tops...
  • #1,129,058
  • Aug 21, 2017 7:04am Aug 21, 2017 7:04am
Quoting Connors
{quote} I am flat, it may work this time..

Still long, and short on USDCAD. Hopefully I'll take something and get out or EU tho soon, and wait for some kind of pullback.
  • #1,129,059
  • Aug 21, 2017 7:05am Aug 21, 2017 7:05am
Quoting Catch-22
{quote} Still long, and short on USDCAD. Hopefully I'll take something and get out or EU tho soon, and wait for some kind of pullback.

You know where to put the stop so no problem to run it as long as you can.
  • #1,129,060
  • Aug 21, 2017 7:20am Aug 21, 2017 7:20am
I suspect the daily candle will close a "nope-candle" - long wick downwards, strong body upwards
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