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EURUSD

  • #1,134,461
  • Sep 19, 2017 7:25am Sep 19, 2017 7:25am
this pair will start dropping today!
Big chance of it dropping like 200pips. Look at the daily chart and you will see a head and shoulder pattern. Now if the 4H candle closes as an englufing, which i belive it will. This pair is going to drop hard.
  • #1,134,462
  • Sep 19, 2017 7:26am Sep 19, 2017 7:26am
eu will give a decent long in the next few hundred hours ......
  • #1,134,463
  • Sep 19, 2017 7:30am Sep 19, 2017 7:30am
ECB was clear, the up movement is prohibited and a flash crash even of 200 pips downward is ready to be released at any moment at some levels of price...
I am who I am
  • #1,134,464
  • Sep 19, 2017 7:33am Sep 19, 2017 7:33am
Quoting imwim
ECB was clear, the up movement is prohibited and a flash crash even of 200 pips downward is ready to be released at any moment at some levels of price...
go do some research
  • #1,134,465
  • Sep 19, 2017 7:41am Sep 19, 2017 7:41am
Amazing price action on EU. Now forming a cup and handle formation on the lower tf. What a recovery!
  • #1,134,466
  • Sep 19, 2017 7:44am Sep 19, 2017 7:44am
Quoting Don96
{quote} go do some research
The last spike upward is reserved by Yellen on Wednesday when the white PSAR will be finally nearest the price on H4 timeframe, while the setup on daily chart is solely for downward movement...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 102 KB
Click to Enlarge Name: EURUSDDaily.png Size: 146 KB
I am who I am
  • #1,134,467
  • Sep 19, 2017 7:48am Sep 19, 2017 7:48am
Quoting imwim
{quote} The last spike upward is reserved by Yellen on Wednesday when the white PSAR will be finally nearest the price on H4 timeframe, while the setup on daily chart is solely for downward movement... {image} {image}
would love to see some trades you have short then, if not already in then when it happens
  • #1,134,468
  • Sep 19, 2017 7:48am Sep 19, 2017 7:48am
Expecting GU to spike towards 3590 tomorrow...so I will wait for a good long opportunity...below 3500, around 3470 again. Ideally at 3400+-, if we didn't touch 3590 before.
Everyone can see the chart, but only a few can actually read it.
  • #1,134,469
  • Sep 19, 2017 7:49am Sep 19, 2017 7:49am
Can they survive?
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-09-19_21-48-19.png Size: 82 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,134,470
  • Sep 19, 2017 7:58am Sep 19, 2017 7:58am
Quoting heispark
Can they survive? {image}
Short at 2100-2130 would be perfect this week. "Quickly" into 1840.
Everyone can see the chart, but only a few can actually read it.
  • #1,134,471
  • Sep 19, 2017 8:00am Sep 19, 2017 8:00am
Quoting ZenNy
Gu breaking below the bear flag...
PA does not make any sense to me.......I guess they all have in mind tomorrow........

short 3532
trading is simple but is simple is not easy.
  • #1,134,472
  • Edited 8:32am Sep 19, 2017 8:06am | Edited 8:32am
Quoting imwim
{quote} The last spike upward is reserved by Yellen on Wednesday when the white PSAR will be finally nearest the price on H4 timeframe, while the setup on daily chart is solely for downward movement... {image} {image}
Nice chart... your chart reminds me of Louis Wain's paintings...
Attached Image (click to enlarge)
Click to Enlarge Name: desktop-1420226290.jpg Size: 74 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,134,473
  • Sep 19, 2017 8:07am Sep 19, 2017 8:07am
Quoting OnlineAddict
Expecting GU to spike towards 3590 tomorrow...so I will wait for a good long opportunity...below 3500, around 3470 again. Ideally at 3400+-, if we didn't touch 3590 before.
Very unlikely, tomorrow all forecast data are bad for UK:

Retail Sales ex-Fuel (MoM) Previous 0.5% Consensus 0.2%
Retail Sales ex-Fuel (YoY) Previous 1.5% Consensus 1.4%
Retail Sales (YoY) Previous 1.3% Consensus 1.1%
Retail Sales (MoM) Previous 0.3% Consensus 0.2%
I am who I am
  • #1,134,474
  • Sep 19, 2017 8:11am Sep 19, 2017 8:11am
Quoting imwim
{quote} Very unlikely, tomorrow all forecast data are bad for UK: Retail Sales ex-Fuel (MoM) Previous 0.5% Consensus 0.2% Retail Sales ex-Fuel (YoY) Previous 1.5% Consensus 1.4% Retail Sales (YoY) Previous 1.3% Consensus 1.1% Retail Sales (MoM) Previous 0.3% Consensus 0.2%
very likely, forecast and actual completely different things....
making money is easy in forex, losing money is even easier...
  • #1,134,475
  • Sep 19, 2017 8:12am Sep 19, 2017 8:12am
what a fucking shit day sofar again
  • #1,134,476
  • Sep 19, 2017 8:13am Sep 19, 2017 8:13am
Quoting mades
what a fucking shit day sofar again
you don't know what a shit day is, trust me
  • #1,134,477
  • Sep 19, 2017 8:13am Sep 19, 2017 8:13am
Quoting mades
what a fucking shit day sofar again
those are not easy days.....best trades are not trades at all
trading is simple but is simple is not easy.
  • #1,134,478
  • Sep 19, 2017 8:15am Sep 19, 2017 8:15am
Quoting OnlineAddict
{quote} Short at 2100-2130 would be perfect this week. "Quickly" into 1840.
Hope you're right.... but it can go much much higher forming butterfly first then WK 3 drive...bla bla... Anyway, good luck to you.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,134,479
  • Sep 19, 2017 8:15am Sep 19, 2017 8:15am
Quoting imwim
{quote} Very unlikely, tomorrow all forecast data are bad for UK: Retail Sales ex-Fuel (MoM) Previous 0.5% Consensus 0.2% Retail Sales ex-Fuel (YoY) Previous 1.5% Consensus 1.4% Retail Sales (YoY) Previous 1.3% Consensus 1.1% Retail Sales (MoM) Previous 0.3% Consensus 0.2%
I don't care about data, news or anything else...I just follow the chart. And anyway...that news data is just set up for good data tomorrow. I don't believe in coincidences, especially coincidences where banks are involved.

Quoting heispark
{quote} Hope you're right.... but it can go much much higher forming butterfly first then WK 3 drive...bla bla... Anyway, good luck to you.
Well, if it doesn't reverse from those levels below 2000 again, but stays up...bears might be fucked for a while again...so I will be scalping again, not holding for days...
Everyone can see the chart, but only a few can actually read it.
  • #1,134,480
  • Sep 19, 2017 8:17am Sep 19, 2017 8:17am
Quoting Don96
{quote} you don't know what a shit day is, trust me
Oh I know. I'm not talking about "holiday everywhere" days. I've been doing daytrading for as long as you are member here. Shit days are days with no clear range, no clear trend, occasional violent drops or gains without any followup. I only hope it improves as it usually does in late London.
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