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EURUSD

  • #1,131,101
  • Aug 29, 2017 2:50pm Aug 29, 2017 2:50pm
Quoting Don96
{quote} the highs of the day... im saying, i was heavy heavy short... if i was to wake up and see asia above 1.203 id be pissed
I don't see the chart set up for a bull move like that...first thing first asia will probably test the bottom below 1950...and if broken, it may continue down until Frankfurt.
Everyone can see the chart, but only a few can actually read it.
  • #1,131,102
  • Aug 29, 2017 2:53pm Aug 29, 2017 2:53pm
same thing with GU: a rising wedge which is a reversal pattern and a DT......I went short at the pin bar....best is to wait for a second entry in such a strong trend....
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trading is simple but is simple is not easy.
  • #1,131,103
  • Aug 29, 2017 3:08pm Aug 29, 2017 3:08pm
Quoting ZenNy
same thing with GU: a rising wedge which is a reversal pattern and a DT......I went short at the pin bar....best is to wait for a second entry in such a strong trend.... {image}
Bearish flag pattern.
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  • #1,131,104
  • Aug 29, 2017 3:32pm Aug 29, 2017 3:32pm
Quoting Nola1
{quote} EUR shot up last night based off news that by morning was not market affecting news and stops being hit and thus took that run up back. Now we sit where we were before the news. What next? I don't prognosticate just trade what I see. The action of the last 18 hours is not much of a tell of whether the up trend will continue. If the majority of participating money thinks value is higher we will continue up, if not we will continue down; just don't use this spike up and correction as a tell on market sentiment.
You could be right, but I think it's something else. I think it was the big 1.20 figure that lured everyone in. It got THIS close, but couldn't quite get there, everyone was wondering, "will it or won't it?"... until BOOM, it finally got there. Of course it kept going up beyond that for a bit, but now it's dropping. And I think it'll keep on dropping, because now the weird desire, almost the NEED to hit 1.20 is no more.
  • #1,131,105
  • Aug 29, 2017 3:45pm Aug 29, 2017 3:45pm
Quoting Neil0163
{quote} Bearish flag pattern. {image}
yes it is.....bull channel which is a bear flag..... was broke and today a BOPB with the pin bar.....before that a falling wedge which was the reason of the recent bull..... and before that 3 pushes up which was the reason of the bear wedge....

Gym time for me.....chat at Frankie....
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trading is simple but is simple is not easy.
  • #1,131,106
  • Aug 29, 2017 4:01pm Aug 29, 2017 4:01pm
Quoting ZenNy
same thing with GU: a rising wedge which is a reversal pattern and a DT......I went short at the pin bar....best is to wait for a second entry in such a strong trend.... {image}
mu gusd view
Say something meaningful or Silence!!
  • #1,131,107
  • Aug 29, 2017 4:02pm Aug 29, 2017 4:02pm
Quoting classy
{quote} mu gusd view
bu cypher
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Say something meaningful or Silence!!
  • #1,131,108
  • Aug 29, 2017 5:11pm Aug 29, 2017 5:11pm
What goes up must come down... spinning wheel, got to spin round.
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Taigen Profit This Month: na
  • #1,131,109
  • Aug 29, 2017 5:47pm Aug 29, 2017 5:47pm
Quoting Ratmach
{quote} You could be right, but I think it's something else. I think it was the big 1.20 figure that lured everyone in. It got THIS close, but couldn't quite get there, everyone was wondering, "will it or won't it?"... until BOOM, it finally got there. Of course it kept going up beyond that for a bit, but now it's dropping. And I think it'll keep on dropping, because now the weird desire, almost the NEED to hit 1.20 is no more.
I think there might be a need to hit .1.21 . the pull back to 1.194 on H1 might be all we get. Im trying a small long from here
Its all just one persons opinion
  • #1,131,110
  • Aug 29, 2017 5:58pm Aug 29, 2017 5:58pm
The rally on the EURUSD may be stalling, the pair may go back below the 1.1900 level and maybe reach the 1.1800 level if there is no breakout above the 1.2100 zone.
  • #1,131,111
  • Aug 29, 2017 6:44pm Aug 29, 2017 6:44pm
Well, I'm down...

Inserted Video
Taigen Profit This Month: na
  • #1,131,112
  • Aug 29, 2017 6:51pm Aug 29, 2017 6:51pm
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  • #1,131,113
  • Aug 29, 2017 7:49pm Aug 29, 2017 7:49pm
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EURUSD a warrior rest
  • #1,131,114
  • Aug 29, 2017 8:26pm Aug 29, 2017 8:26pm
Quoting Taigen
Well, I'm down... https://www.youtube.com/watch?v=1EktZbtJxFs
Keep the faith man your actually up ,,,,,,a little atm ,,,,,,,, high volume yesterday ,,,,,,,, several of those days like that on this trip up had a little bit of follow thru down over the next day or so,,,,,,wildcard with the nfp and all this week ,,,,,, hang in there and watch the herd .
  • #1,131,115
  • Aug 29, 2017 9:05pm Aug 29, 2017 9:05pm
Classic!

Morning traders
  • #1,131,116
  • Aug 29, 2017 9:30pm Aug 29, 2017 9:30pm
Asia had a tight range but managed to cause the BREAK OUT... Let's see how LONDON will run with it
  • #1,131,117
  • Aug 29, 2017 9:32pm Aug 29, 2017 9:32pm
Quoting jusstin911
Classic! Morning traders
where is your 1.2380 target?? will it be achieved today or this week
  • #1,131,118
  • Aug 29, 2017 9:39pm Aug 29, 2017 9:39pm
Quoting jusstin911
Asia had a tight range but managed to cause the BREAK OUT... Let's see how LONDON will run with it
Still think it goes a little lower 1st, watching for a drop from todays pivot ,,,,,,,also the current weeks 50% level atm , would like to tag the weekly pivot ,,,time will tell man
  • #1,131,119
  • Aug 29, 2017 9:39pm Aug 29, 2017 9:39pm
Quoting giveachance
{quote} where is your 1.2380 target?? will it be achieved today or this week
it's just above and not very far away...
  • #1,131,120
  • Aug 29, 2017 9:43pm Aug 29, 2017 9:43pm
Quoting digger1
{quote} Still think it goes a little lower 1st, watching for a drop from todays pivot ,,,,,,,also the current weeks 50% level atm , would like to tag the weekly pivot ,,,time will tell man
possible scenario mate...

Do you know what I genuinely think? I just think they bringing in more Sellers, convincing people to stay short with that TRAP PIN BAR.. (I know a lot of people might not like this post)

just like you said, Time will tell
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