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  • #1,381
  • Oct 12, 2017 12:38am Oct 12, 2017 12:38am
Quoting littlemole85
{quote} Iam with you, same entry, same targets
Cutting mine here ,,will let gyrate a little and see what developes ,,,,,,,,,,have had a good week dont want to screw it up now lol
  • #1,382
  • Oct 12, 2017 12:45am Oct 12, 2017 12:45am
Pending BUY EURUSD @ 1.1855 Target: 1.18854 StopLoss: 1.1839
  • #1,383
  • Oct 12, 2017 12:54am Oct 12, 2017 12:54am
Quoting littlemole85
{quote} Iam with you, same entry, same targets
I was kinda just looking for a short scalp,,,,,,,still have to remember its been trading above todays open , it has been putting in higher highs and higher lows so far , until that changes no more shorts for me
  • #1,384
  • Oct 12, 2017 1:00am Oct 12, 2017 1:00am
Quoting digger1
{quote} I was kinda just looking for a short scalp,,,,,,,still have to remember its been trading above todays open , it has been putting in higher highs and higher lows so far , until that changes no more shorts for me
Glad you got your short scalp buddy.
  • #1,385
  • Oct 12, 2017 1:08am Oct 12, 2017 1:08am
This trend really look stupid to me. Its like somebody just came and bought euro anywhere they found. From 1.1660 - 1.1930 - 1.1970. No retracement and its all gonna shot down like junga. Some big trades on bonds going on making euro more vulnerable than dollar (which is already).

One important thing is the more it goes up the more it became too much valued.
  • #1,386
  • Oct 12, 2017 1:13am Oct 12, 2017 1:13am
Quoting Traderview
This trend really look stupid to me. Its like somebody just came and bought euro anywhere they found. From 1.1660 - 1.1930 - 1.1970. No retracement and its all gonna shot down like junga. Some big trades on bonds going on making euro more vulnerable than dollar (which is already). One important thing is the more it goes up the more it became too much valued.
Just my two cents, the problem lies with USD. As one of my partner pointed out (simple but at that time very enlightening), when we trade forex, it is 2 currencies, not one. Thus, it is important to understand the strength of both currencies, not just one. As we approach 1.20, I think it gets more ridiculous. I believe reading that the ECB doesn't want EUR/USD to be at 1.2 levels.
  • #1,387
  • Oct 12, 2017 1:18am Oct 12, 2017 1:18am
Quoting MoneyFocus
{quote} Glad you got your short scalp buddy.
wasent much of one lol,,,,,but can wait for a better set up now
  • #1,388
  • Oct 12, 2017 1:22am Oct 12, 2017 1:22am
Quoting MoneyFocus
{quote} Just my two cents, the problem lies with USD. As one of my partner pointed out (simple but at that time very enlightening), when we trade forex, it is 2 currencies, not one. Thus, it is important to understand the strength of both currencies, not just one. As we approach 1.20, I think it gets more ridiculous. I believe reading that the ECB doesn't want EUR/USD to be at 1.2 levels.
Definitely ECB does not want this 1.20 right now. After the 1st quarter of 2018. From my experience, this move wont sustain. It will come back down from 1.1970. Probably wont reach 1.20.

Crucial thing is, We should not miss the top. Follow the classic Sell at the top buy at the bottom.
  • #1,389
  • Oct 12, 2017 2:02am Oct 12, 2017 2:02am
Quoting littlemole85
{quote} Iam with you, same entry, same targets
If you hung in there you get a few in the bank,,, good job man
  • #1,390
  • Oct 12, 2017 2:09am Oct 12, 2017 2:09am
Took a sell at 1.1863.

Not the best entry, but I'm just taking a position and heading to the gym now. See everyone soon.
  • #1,391
  • Oct 12, 2017 2:42am Oct 12, 2017 2:42am
in the process of forming a bearish gartley
  • #1,392
  • Oct 12, 2017 2:43am Oct 12, 2017 2:43am
Quoting Et2017
{quote} seems as if market doesn't give anything about a nice symmetry. it's going to be a humpback.
Nothing in Forex is ever perfect. Gotta go with the flow & not change direction until a direction change is confirmed.
Conventional trading is for losers
  • #1,393
  • Oct 12, 2017 2:55am Oct 12, 2017 2:55am
I think the price can touch 1.1911
FXerha
  • #1,394
  • Oct 12, 2017 3:10am Oct 12, 2017 3:10am
Quoting digger1
{quote} If you hung in there you get a few in the bank,,, good job man
Yes! Thanks ! Half closed, waiting for a dip under 50 and iam out for today
  • #1,395
  • Oct 12, 2017 3:19am Oct 12, 2017 3:19am
Quoting 4for4
As we all can see, the EUR has been making several intraday highs since the 06Oct's low (btw, I only use the D1 chart to plan all my trades) ... If we notice, actually that low is a "rebound" of a "strong" support which was formed @ Low-of-17Aug ... But since the EUR had been in a "very long" uptrend since Jan-2017, it's bound to reverse sooner or later ... As within any movement there's no telling how far it can go (although we can spot several possible resistances in this case), for now, I'm going to play it "safe" by using the Low-of-06Oct as...
I guess we have to wait a bit longer on that "sooner" ...
I'm bullish EUR now, but will wait until the High-of-20Sep is broken before planning a buy ...
Market is not random but unpredictable
  • #1,396
  • Oct 12, 2017 4:25am Oct 12, 2017 4:25am
Quoting Traderview
This trend really look stupid to me. Its like somebody just came and bought euro anywhere they found. From 1.1660 - 1.1930 - 1.1970. No retracement and its all gonna shot down like junga. Some big trades on bonds going on making euro more vulnerable than dollar (which is already). One important thing is the more it goes up the more it became too much valued.
Hi,
this morning I felt like drawing some fibo lines onto my chart (donno what came into me). I realized though, that the October 6 to now move has just reached the 50% level (preventedly I draw the fibo right). The October 6 candle on the other hand bounced from the 23.3% line of the up trend from January 3.
Does that mean anything? I don't know!
  • #1,397
  • Oct 12, 2017 4:39am Oct 12, 2017 4:39am
Quoting Et2017
{quote} Hi, this morning I felt like drawing some fibo lines onto my chart (donno what came into me). I realized though, that the October 6 to now move has just reached the 50% level (preventedly I draw the fibo right). The October 6 candle on the other hand bounced from the 23.3% line of the up trend from January 3. Does that mean anything? I don't know!
upload a picture with your chart, and we will be able to tell
MAKE IT RAIN
  • #1,398
  • Oct 12, 2017 4:51am Oct 12, 2017 4:51am
Quoting 4for4
{quote} I guess we have to wait a bit longer on that "sooner" ... I'm bullish EUR now, but will wait until the High-of-20Sep is broken before planning a buy ...
Wait correction.
Buy 1840-20.....
Target later.

But wait Draghi today. USA tomorrow.
But I'm not selling any more.
Beware of robber banks (RB), bad advisors.
  • #1,399
  • Oct 12, 2017 5:00am Oct 12, 2017 5:00am
Quoting mihai1986
{quote} upload a picture with your chart, and we will be able to tell
...also H&S could be kind of complete (wishful thinking)

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-10oct.png Size: 159 KB
  • #1,400
  • Oct 12, 2017 5:05am Oct 12, 2017 5:05am
Quoting Et2017
{quote} ...also H&S could be kind of complete (wishful thinking) thanks. {image}
well, yes.
there are so many reasons to have a bearish move now.
ECB does not want a strong euro. not over 1.18
long bullish move with no retracement, 200 pips.
a good point for that H&S to be completed.

but usd is not doing great either... so we can see a retracement or a continuation of bullish movement.
1.1860-1.1875 is a strong resistance area
MAKE IT RAIN
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