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EURUSD only

  • #1,761
  • Oct 17, 2017 7:18am Oct 17, 2017 7:18am
All bulls silenced all day
  • #1,762
  • Oct 17, 2017 7:20am Oct 17, 2017 7:20am
Quoting denisius
{quote} If you trading Pivot then you ok cause your risk will be minimum. 1708 good 1680 good below 1650 not good. So if you Long high already your lower orders have to compensate higher in order to BE or even profit. I have no doubts that you know what you are doing but chart screaming RED at you. Why not let market fully unfold before jump the conclusion? I am holding negative 500 pips orders for last 3 days and I can double it without hesitation but it was my mistake not to wait..... again.... so I am waiting now in negative. Don't do my mistakes!...
hoping the end of my beating is within the next 20 pips or so.
  • #1,763
  • Oct 17, 2017 7:30am Oct 17, 2017 7:30am
Quoting denisius
{quote} Goooooood Job brother! Easy money right!!!!
Thanks bro.. eh, not so easy tho.. just lucky on this one.. sadly was a tiny one
  • #1,764
  • Oct 17, 2017 7:30am Oct 17, 2017 7:30am
Quoting jusstin911
{quote} Thanks bro.. eh, not so easy tho.. just lucky on this one.. sadly was a tiny one
tiny profit is better than the 6% drawdown im running
  • #1,765
  • Oct 17, 2017 7:34am Oct 17, 2017 7:34am
levels on the chart. It still looks like bearish gartley meaning we may not see 1.1880 for long time.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 64 KB
  • #1,766
  • Oct 17, 2017 7:58am Oct 17, 2017 7:58am
is this a turning point?
a rejection from 1.1735-1.1740 area?
MAKE IT RAIN
  • #1,767
  • Oct 17, 2017 8:14am Oct 17, 2017 8:14am
Quoting mihai1986
is this a turning point? a rejection from 1.1735-1.1740 area?
Maybe.. but still early.. at least wait for 30M candle close above 1.1755.. that's when I would close my shorts..

Stay Green
Focus only on what truly matters!
  • #1,768
  • Oct 17, 2017 8:15am Oct 17, 2017 8:15am
Quoting mihai1986
is this a turning point? a rejection from 1.1735-1.1740 area?
even if you enter a short here you are still in the trade till 1.1829
  • #1,769
  • Oct 17, 2017 8:23am Oct 17, 2017 8:23am
Quoting Venomousssss
{quote} why didnt you tell me the magic number 4, i went to bed confident in 3! still long..havent closed. adding more at 1744 and and hoping 1708 will hold.
True.. lol.. sorry bro.. sometimes size matters.. the sum of all 3 candles was not effective for the theory.. with the addition of 4th long candle now it makes more sense lol..

Stay Green
Focus only on what truly matters!
  • #1,770
  • Oct 17, 2017 9:11am Oct 17, 2017 9:11am
Hey guys,

New to the forum here. Just signed up to join the discussions. Love what I'm reading, very insightful stuff and low drama. Exactly what I've been looking for!

Cheers,

Jay
  • #1,771
  • Oct 17, 2017 9:22am Oct 17, 2017 9:22am
Quoting JayJon
Hey guys, New to the forum here. Just signed up to join the discussions. Love what I'm reading, very insightful stuff and low drama. Exactly what I've been looking for! Cheers, Jay
Welcome!
  • #1,772
  • Oct 17, 2017 9:36am Oct 17, 2017 9:36am
Quoting Ata-Turkoglu
{quote} The 1.1740 to 1.1700 area is layered up with several daily and weekly support levels like a grid.. with this laziness of market it seems impossible to break through.. we need the push of news or something fundamental.. Let's say if it does drop below 1.1740, probably slowly, then it will flow surrounded with lots of pressure coming from both sides that could lead price to get stuck in this range for some days.. hopefully not.. Stay Green
I do not predict/project how much the price will move. My knowledge allows me to project movement of the market, not the size of individual moves.

Lesson for you:

Market follows a path, it has a structure. This structure never changes. What changes are variables like liquidity/volatility. This is the reason why some market moves are stronger, longer, while the others are weak and short. Individual moves can not be compared directly, even if they may have same size in pips. It's all relative ( look at the picture below ). This's also a reason why market can move in one direction without apparent (mayor) retracement. Retracements are there, they are just extremely small if only looked on by from a perspective of price.

Attached Image

PS: There's no such thing as range, only positive or negative. Market always has direction, even if it isn't apparent from price. ( picture above).
In all chaos there is a cosmos, in all disorder a secret order.
  • #1,773
  • Oct 17, 2017 10:10am Oct 17, 2017 10:10am
Quoting Interminatus
{quote} I do not predict/project how much the price will move. My knowledge allows me to project movement of the market, not the size of individual moves. Lesson for you: Market follows a path, it has a structure. This structure never changes. What changes are variables like liquidity/volatility. This is the reason why some market moves are stronger, longer, while the others are weak and short. Individual moves can not be compared directly, even if they may have same size in pips. It's all relative ( look at the picture below ). This's also a reason...
I find your quote extremely "RUDE" . How can you say " there is no such thing is range"? Open daily charts? 2 year range from 2015 , short range at 19-20, range is everywhere. Price will stay in range until market will decide further direction, if it would be no range it will not be trading at all . Market not static. It's volatility. I suggest you rephrase your message before you create more confusion!
  • #1,774
  • Oct 17, 2017 10:19am Oct 17, 2017 10:19am
any referee around here?
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #1,775
  • Oct 17, 2017 10:23am Oct 17, 2017 10:23am
on up bars low volume (M30), no buyers to move up, kind of market is killing time.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #1,776
  • Oct 17, 2017 10:35am Oct 17, 2017 10:35am
so...
my H1 chart looks like this
which line will it cross, and how hard?
i stil have 1.17548, 1.1721 and 1.1707 as strong support
as resistance 1.1796 and 1.1862
i use support and resistance from H4 and D1 charts, fibonacci retracement levels and other S/R given by strong points from the past.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-10-17 (1).png Size: 68 KB
MAKE IT RAIN
  • #1,777
  • Oct 17, 2017 10:38am Oct 17, 2017 10:38am
Quoting denisius
{quote} I find your quote extremely "RUDE" . How can you say " there is no such thing is range"? Open daily charts? 2 year range from 2015 , short range at 19-20, range is everywhere. Price will stay in range until market will decide further direction, if it would be no range it will not be trading at all . Market not static. It's volatility. I suggest you rephrase your message before you create more confusion!
I met a lot of people in my life, who considered truth rude and offensive.

How can you claim that range exists? Did you measure it or do you believe what your eyes tell you?
Saying range exist is like saying your house is standing still. Let's ignore the movement of continents, movement of planet, movement of galaxy and so on. But don't let that bother you, your eyes are telling you that the house isn't moving.

If you do not like my comments, please be free to ignore them. I am not forcing you to read them or to trade in accordance with them. It's your money to invest (soon to be someone else's money), your mistakes to make.

As far as my comments goes, I have no intention to be rude or nice. Only care about truth and correctness of facts.
In all chaos there is a cosmos, in all disorder a secret order.
  • #1,778
  • Oct 17, 2017 10:46am Oct 17, 2017 10:46am
Quoting Interminatus
{quote} I do not predict/project how much the price will move. My knowledge allows me to project movement of the market, not the size of individual moves. Lesson for you: Market follows a path, it has a structure. This structure never changes. What changes are variables like liquidity/volatility. This is the reason why some market moves are stronger, longer, while the others are weak and short. Individual moves can not be compared directly, even if they may have same size in pips. It's all relative ( look at the picture below ). This's also a reason...
if the term "range" refers to the balance of the supply and demand within the points a and b, there is really no big problem with that. some call this "consolidation" or "equilibrium" between the values of two different currencies.
As Above, So Below
  • #1,779
  • Oct 17, 2017 10:53am Oct 17, 2017 10:53am
You are new so your comment can be forgiven. Quick note we don't write like this here you can look to another thread to start a fight if you want. You joined FF some weeks ago so I advise you take time to study and listen b4 you type what is running in you head.
Quoting Interminatus
{quote} I met a lot of people in my life, who considered truth rude and offensive. How can you claim that range exists? Did you measure it or do you believe what your eyes tell you? Saying range exist is like saying your house is standing still. Let's ignore the movement of continents, movement of planet, movement of galaxy and so on. But don't let that bother you, your eyes are telling you that the house isn't moving. If you do not like my comments, please be free to ignore them. I am not forcing you to read them or to trade in accordance with...
It's not how much U make, but how much U keep
  • #1,780
  • Oct 17, 2017 10:55am Oct 17, 2017 10:55am
we all know that's a ridiculous statement, eu ranges as we speak

Quoting denisius
{quote} I find your quote extremely "RUDE" . How can you say " there is no such thing is range"? Open daily charts? 2 year range from 2015 , short range at 19-20, range is everywhere. Price will stay in range until market will decide further direction, if it would be no range it will not be trading at all . Market not static. It's volatility. I suggest you rephrase your message before you create more confusion!
On-site guru & also FF member's' psychiatrist, when not drinking tea
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