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  • #1,135,501
  • Sep 26, 2017 9:34am Sep 26, 2017 9:34am
Quoting Snowden
{quote} It's done that already hasn't it?
It did ?

Waiting for more...if it rises i'll short
COT: The precious data ignored
  • #1,135,502
  • Sep 26, 2017 9:35am Sep 26, 2017 9:35am
Quoting kuroro001
{quote} It did ? Waiting for more...if it rises i'll short
Yeah it did - 300 pips
  • #1,135,503
  • Sep 26, 2017 9:38am Sep 26, 2017 9:38am
Quoting Snowden
{quote} If you short overbought stochastic signal in an uptrend most of the time you'll take a loss
i trade stochs differently , at 50 level only ; buy / sell

i use it as a momentum indicator lol
  • #1,135,504
  • Sep 26, 2017 9:39am Sep 26, 2017 9:39am
Quoting Snowden
{quote} Yeah it did - 300 pips
You seem to know a lot about it, tell us where it goes next maybe ?

So it will end this debate and prove you are right as you definitely want to be
COT: The precious data ignored
  • #1,135,505
  • Sep 26, 2017 9:39am Sep 26, 2017 9:39am
Quoting Snowden
If NY makes a new low I'm buying more
Done deal
  • #1,135,506
  • Sep 26, 2017 9:39am Sep 26, 2017 9:39am
Quoting Snowden
{quote} If you short overbought stochastic signal in an uptrend most of the time you'll take a loss
All depends on how familar one is with stochs ,,,,,,,,all comes down to patterns and what is happening with price and the stochs
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 319 KB
  • #1,135,507
  • Sep 26, 2017 9:43am Sep 26, 2017 9:43am
sorry traders... i have to post this trade..
Suthmo magic number made me some money
Attached Image
Lets make some green pips
  • #1,135,508
  • Sep 26, 2017 9:45am Sep 26, 2017 9:45am
Quoting 4rx
sorry traders... i have to post this trade.. Suthmo magic number made me some money {image}
If you used that then you have missed the low by 7 so far WS2 was 1774 closer than ole suh hours to figure magic number plus most charts will put that on your chart with no figuring involved ,,its just there lol
  • #1,135,509
  • Sep 26, 2017 9:50am Sep 26, 2017 9:50am
Quoting digger1
{quote} If you used that then you have missed the low by 7 so far WS2 was 1774 closer than ole suh hours to figure magic number plus most charts will put that on your chart with no figuring involved ,,its just there lol
i'm not greedy.... target achieved... i'm happy
Lets make some green pips
  • #1,135,510
  • Sep 26, 2017 9:51am Sep 26, 2017 9:51am
Quoting Tradingwithw
Judging by what happened at 1.2000 area, 1.1770 is highly likely. I'd like to buy there for 20 or more pips. also watch the below trades I've had pending for two weeks, I'm looking to trade these for bounces of 50+ {image}
looking for a reason to buy, perhaps towards 1.1950
  • #1,135,511
  • Sep 26, 2017 9:52am Sep 26, 2017 9:52am
Quoting mr.brown
{quote} keep watching this. it will probably guide u Bearsih trader here w in mind it has above air gap for around 200 pips
Quoting mr.brown
{quote} u sure have ur own reason for 1.1728 but makes no sense to me. yday's turmp trashing council turned backnforth fomc minutes into bull, morning its corrected, an hour ago ecb's eur overshoot comment dip it, probably it will revisit 1.1727 ish again to be clear, this thing is pretty bullish hever am trading short n calling it bearish ,ts because I think it will
this is how I trade, less talk, more pips
WaBaS Where are Buyers and Sellers
  • #1,135,512
  • Sep 26, 2017 9:53am Sep 26, 2017 9:53am
Quoting 4rx
{quote} i'm not greedy.... target achieved... i'm happy
no worries man ,,,,,,,and if you bought the so called magical number you about to get feeked ,
  • #1,135,513
  • Sep 26, 2017 9:55am Sep 26, 2017 9:55am
Quoting digger1
{quote} no worries man ,,,,,,,and if you bought the so called magical number you about to get feeked ,
no bull sign yet
Lets make some green pips
  • #1,135,514
  • Sep 26, 2017 9:58am Sep 26, 2017 9:58am
Quoting 4rx
{quote} no bull sign yet
exactly ,,,,,,mkts dont turn on magical suh numbers
  • #1,135,515
  • Sep 26, 2017 10:00am Sep 26, 2017 10:00am
Quoting Adrian7G
plenty of room to drop {image}
After such a bull run? Why would it negate all of that movement?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,516
  • Sep 26, 2017 10:01am Sep 26, 2017 10:01am
More bearish pressure to drop >>> 1.168xxx Area

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4AA.png Size: 35 KB
  • #1,135,517
  • Sep 26, 2017 10:03am Sep 26, 2017 10:03am
Quoting Stillearnin
Have to say i find it kind of hard to trade this pair today because it doesn't retrace at all. Very small retraces equals hard to trade for me. Very annoying.
Still

It can happen often in a strong trend.....said that they were 3 good entries : a bear wedge (where Tur got in ) a break out pull back soon after that and a bear flag around 1815....

trades with the trend are difficult to take because in a bear trend we have to enter near the low and often the signal bar are weak........it seems there is not enough space left to go further........while the reversal bars look great and strong (due to profit taking) but most of the time they fail ending up part of a bear flag...we need to trust our reading....because strong trend can last for a while........
trading is simple but is simple is not easy.
  • #1,135,518
  • Sep 26, 2017 10:03am Sep 26, 2017 10:03am
Quoting digger1
{quote}All depends on how familar one is with stochs ,,,,,,,,all comes down to patterns and what is happening with price and the stochs {image}
But what is the chart showing? The orange line on price goes through highs whereas the one on stochs goes through close prices?(assuming your stochs is set to close prices) And they don't match up timewise.
  • #1,135,519
  • Sep 26, 2017 10:05am Sep 26, 2017 10:05am
its around weekly s2,, and daily s2 , so could be a choppy for a bit , maybe an attempted chop up ,, good area to be careful
  • #1,135,520
  • Sep 26, 2017 10:07am Sep 26, 2017 10:07am
Be careful buying folks. Catching a bottom is VERY risky.

"The graveyard of wall street is filled with those who were right; yet too early." - I forget

Having said that, a buy order @ 1.1720 wouldn't be too bad.
Humans are naturally hardwired to avoid and detest uncertainty.
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