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  • #1,133,161
  • Sep 12, 2017 2:53am Sep 12, 2017 2:53am
Quoting OnlineAddict
{quote} I was just watching what happened yesterday and friday during each session and the important hours of each session...London and NY just fooling the market into shorting too early. I am patiently waiting for a spike above 2000, even 2090 is not a valid top for me...since neither London or NY touched it, so its meaningless.
Of course you are right, this isn't the end of the uptrend and 2090 will get taken out for sure. I dunno, making a big deal out of this and i might be wrong but i don't think we have a solid base yet to take it there.
  • #1,133,162
  • Sep 12, 2017 2:54am Sep 12, 2017 2:54am
Quoting jusstin911
{quote} Uptrend may be asking for too much.. I don't see it shooting up.. maybe i should give up trading
Technically, EUR/USD is on a bearish trend (intraday scale) with a strong resistance at 1.1990 - 1.2000,
and that's a reasonable assessment (why quit on trading?! )
But if you look at the majors, you can't ignore the weak moment for the USD, so we must consider an upturn as well
Member
  • #1,133,163
  • Sep 12, 2017 2:56am Sep 12, 2017 2:56am
Quoting TudorIoan
{quote} Technically, EUR/USD is on a bearish trend (intraday scale) with a strong resistance at 1.1990 - 1.2000, and that's a reasonable assessment (why quit on trading?! ) But if you look at the majors, you can't ignore the weak moment for the USD, so we must consider an upturn as well

because I am holding short..
yea i agree on the bearish view T
  • #1,133,164
  • Sep 12, 2017 3:00am Sep 12, 2017 3:00am
Quoting EvilEye
Anyone who is not long EU by now should give up on being a trader I think you could jump in with a late trade and continue to ride this, but now is really a suboptimal position to get in because the train has already left the station Nice reversal signals early in asia, and bang on where I expected the market to turn around at 1.1950 Let's see what happens at 1.2
Depends on whether price can goes through 1.1975 & 1.1995. These 2 levels were support turned resistance yesterday after EURUSD dropped below
Always know why you enter a trade. Not trading is also a position.
  • #1,133,165
  • Sep 12, 2017 3:05am Sep 12, 2017 3:05am
Quoting ZenNy
It was a simple triple bottom after a trend line break and a falling wedge....also at the previous day low..... Now resistance at a down TL.......
That's right. It's a head-and-shoulders at a price point I expected for a reversal after a considerable drop, and that price point is important because it's the top edge of previous ranging market.
  • #1,133,166
  • Sep 12, 2017 3:07am Sep 12, 2017 3:07am
Quoting jusstin911
{quote} then it's the best move don't you think? a bull trap you say right? so there's no need LONGING it i would think..
No, the bull trap was two days ago. This is profit taking at the end of a cycle.
  • #1,133,167
  • Sep 12, 2017 3:08am Sep 12, 2017 3:08am
Looking at EU H4 setup...I don't see anything bearish in it...what everyone is seeing there as bearish is beyond me.
Everyone can see the chart, but only a few can actually read it.
  • #1,133,168
  • Sep 12, 2017 3:11am Sep 12, 2017 3:11am
Quoting OnlineAddict
Looking at EU H4 setup...I don't see anything bearish in it...what everyone is seeing there as bearish is beyond me.
Knock it off! We want them to go short so that the market can pop higher!
  • #1,133,169
  • Sep 12, 2017 3:14am Sep 12, 2017 3:14am
Quoting OnlineAddict
Looking at EU H4 setup...I don't see anything bearish in it...what everyone is seeing there as bearish is beyond me.
lol Nah.. in one of your posts, i remember you saying 'we see different things' so don't let what other see, be beyond you...
  • #1,133,170
  • Sep 12, 2017 3:14am Sep 12, 2017 3:14am
Quoting EvilEye
{quote} Knock it off! We want them to go short so that the market can pop higher!
Ok ok, I will set my alert to 2030, so I don't miss it.

Quoting jusstin911
{quote} lol Nah.. in one of your posts, i remember you saying 'we see different things' so don't let what other see, be beyond you...
On one side I am with you, so my GU short makes some quick pips now...but on the other hand I want to short EU higher...its an inner fight.
Everyone can see the chart, but only a few can actually read it.
  • #1,133,171
  • Sep 12, 2017 3:16am Sep 12, 2017 3:16am
Quoting EvilEye
{quote} That's right. It's a head-and-shoulders at a price point I expected for a reversal after a considerable drop, and that price point is important because it's the top edge of previous ranging market.
prices have not reverse yet........keep your flame burning....


we are at the 25% PB of the PD and at the TL of the bear weak channel....now a flag is forming after the pole.......traders like myself would love to see a break of the flag upwards and a strong reversal....
trading is simple but is simple is not easy.
  • #1,133,172
  • Sep 12, 2017 3:18am Sep 12, 2017 3:18am
Quoting EvilEye
{quote} Knock it off! We want them to go short so that the market can pop higher!
lol
  • #1,133,173
  • Sep 12, 2017 3:20am Sep 12, 2017 3:20am
joining the camp
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 41 KB
  • #1,133,174
  • Sep 12, 2017 3:20am Sep 12, 2017 3:20am
Price reaches back down, but one person's sell signal is another person's buy signal
...and that's how money changes hands

Trading
  • #1,133,175
  • Sep 12, 2017 3:27am Sep 12, 2017 3:27am
Quoting OnlineAddict
GU 3160->3212
Finally...

Short 3245
Everyone can see the chart, but only a few can actually read it.
  • #1,133,176
  • Sep 12, 2017 3:29am Sep 12, 2017 3:29am
Quoting EvilEye
Price reaches back down, but one person's sell signal is another person's buy signal ...and that's how money changes hands Trading
Thank you so much explaining us how forex works!
You sound like a big daddy, always on the winning side, snatching the money from the opposite side players...
good for you, wish you success in trading !
Member
  • #1,133,177
  • Sep 12, 2017 3:31am Sep 12, 2017 3:31am
Went long for a scalp to 1.2 . After that I will be searching for sell setups patience is turned on as it might take time in this bullish market.
  • #1,133,178
  • Sep 12, 2017 3:33am Sep 12, 2017 3:33am
Quoting OnlineAddict
{quote} Finally... 5
haha sounded like " she agreed with me "
  • #1,133,179
  • Sep 12, 2017 3:34am Sep 12, 2017 3:34am
Yesterdays drawing almost worked
TPs has been hit, but still not on the bull side, waiting for current PA.
Attached Image (click to enlarge)
Click to Enlarge Name: EU_M15_0912.png Size: 97 KB
  • #1,133,180
  • Sep 12, 2017 3:36am Sep 12, 2017 3:36am
Quoting OnlineAddict
{quote} Finally... Short 3245
Short 1.325x, stop above 1.33

Lets see...but won't be easy
COT: The precious data ignored
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