Attachments: EURUSD only

EURUSD only

#2,221
Oct 23, 2017 8:23am Oct 23, 2017 8:23am

newbegger
Joined May 2011 | Status: Trader | 1,577 Posts

Quoting newbegger

Disliked

{image} Everyone sees the H&S forming but take a look at the bear flag. Lot's of potential to the downside if (big IF) it breaks that way. I am still trading same plan as last week so as soon as I see the short setup, I will be short into London and maybe go long before NY open?

Ignored

I fell asleep before signal came in so I missed the short. Looks quite dull with no signal ATM so I did not take the long side before NY open. I prefer to be flat on Monday anyway as it's usually a setup day for the main direction of the week.

Ecclesiastes 1:9

#2,222
Oct 23, 2017 8:23am Oct 23, 2017 8:23am

kain775
Joined Feb 2016 | Status: Trader | 881 Posts

Quoting KORTrader

Disliked

At double bottom,downtrend power is hesitating (we can see 30min chart.) I think downtrend is still valid but this time is buying chance. Without greed, there are 20pips buyers can take. {image}

Ignored

look at the h4, price closed on it's lows
the bar before that was a bearish engulfing bar as well

very risky long you have there, imo you'll be lucky to get that........

I would wish you good luck, but I am short on the pair and not wanting it to go back up

#2,223
Oct 23, 2017 8:24am Oct 23, 2017 8:24am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

weekly open has a bearish story

Attached Image

On-site guru & also FF member's' psychiatrist, when not drinking tea

#2,224
Oct 23, 2017 8:49am Oct 23, 2017 8:49am

KayStreet
| Joined Mar 2014 | Status: Trader | 192 Posts

Quoting PatienceFx

Disliked

i am a billionaire i have all the zero's, i just need a 1 before them

Ignored

Let me know when you get the '1' and i will know where my fx money has been going.

L.L.L.T

#2,225
Edited 9:39am Oct 23, 2017 9:02am | Edited 9:39am

suthmo
| Commercial User | Joined Feb 2010 | 8,031 Posts

Come on bulls just to the first white line u can do it..

Attached Image (click to enlarge)

Click to Enlarge

Name: descend_channel.png
Size: 77 KB

Founder of Sutherland Wave Principle

#2,226
Oct 23, 2017 9:15am Oct 23, 2017 9:15am

9jatrader
Joined Mar 2016 | Status: Trader | 6,327 Posts

Quoting suthmo

Disliked

Come on bulls just to the first white line u can do it.. {image}

Ignored

Depends on the TF. On the daily the bulls are showing exhaustion/weakness, possibly to crash like never before

Make all mistakes in demo and rain in pips in live account

9jatrader All Time Return: 17.5%

#2,227
Oct 23, 2017 9:27am Oct 23, 2017 9:27am

9jatrader
Joined Mar 2016 | Status: Trader | 6,327 Posts

Though this thread is EURUSD only, its correlated pairs can give us additional and clear information, like USDCHF ( Negative correlation ) and AUDUSD ( Positive correlation ). USDCHF had closed above the upper band after a long time, showing it's readiness for bullish movement

Make all mistakes in demo and rain in pips in live account

9jatrader All Time Return: 17.5%

#2,228
Oct 23, 2017 9:33am Oct 23, 2017 9:33am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,844 Posts | Online Now

going long at 1753

#2,229
Oct 23, 2017 9:40am Oct 23, 2017 9:40am

tashkent
Joined Oct 2011 | Status: quo | 4,193 Posts

i will refrain from adding any longs here until it clears the current level in either direction.

As Above, So Below

#2,230
Oct 23, 2017 9:48am Oct 23, 2017 9:48am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

Attached Image

On-site guru & also FF member's' psychiatrist, when not drinking tea

#2,231
Oct 23, 2017 9:50am Oct 23, 2017 9:50am

denisius
Joined May 2017 | Status: Trader | 2,047 Posts

Morning/evening guys. I guess I contributed all my energy to last week. Looking at the chart and I can't tell anything at this moment. Technically it's at my first pivot support level which on any other pair I would place my first order. But it's too many fundamental related to E this week. Seems like green buck is trying to get back up. All data coming relatively good and Yellen positive. I think another hike is possible. I am going to wait until break through 1730-1680. If it happens we will have straight opening for new lows and new highs. Even overall I am bearish I am losing confidence in their actions. Risking few pips in rewards for possible bigger loss not working for me anymore. Good chance to be trapped in short here. Sell anywhere near 1780-1830 would be more appropriate. I wish everyone profitable week.

#2,232
Oct 23, 2017 10:14am Oct 23, 2017 10:14am

suthmo
| Commercial User | Joined Feb 2010 | 8,031 Posts

M30 Pitchfork channel seems to rule the boundary.

Attached Image (click to enlarge)

Click to Enlarge

Name: 30mchan.png
Size: 46 KB

Founder of Sutherland Wave Principle

#2,233
Oct 23, 2017 10:17am Oct 23, 2017 10:17am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,096 Posts

Quoting 9jatrader

Disliked

Though this thread is EURUSD only, its correlated pairs can give us additional and clear information, like USDCHF ( Negative correlation ) and AUDUSD ( Positive correlation ). USDCHF had closed above the upper band after a long time, showing it's readiness for bullish movement

Ignored

I want this thread to focus only and 100% on EURUSD... I strongly believe we don't need such comparisons at all.. I allowed only US Index and Euro Index charts since they are directly connected with EURUSD but everything else is indirect.. therefore my friend stop trying to promote this fashion of comparing charts with each other once and for all..

In my philosophy it is nothing else than loading your mind and chart with more and more indicators and information and noise and filters which only complicate things and never simplify..

It must not be so hard to respect 2 simple rules..

Stay Green

Focus only on what truly matters!

#2,234
Oct 23, 2017 10:17am Oct 23, 2017 10:17am

9jatrader
Joined Mar 2016 | Status: Trader | 6,327 Posts

Quoting tashkent

Disliked

i will refrain from adding any longs here until it clears the current level in either direction.

Ignored

Wise decision

Make all mistakes in demo and rain in pips in live account

9jatrader All Time Return: 17.5%

#2,235
Oct 23, 2017 10:22am Oct 23, 2017 10:22am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,096 Posts

Actually I am still hesitant about what I just did but I kept the risk small and opened a buy trade...

Opening at 1.1745.. SL at 1.1718 and my quick target is 1.1762

Stay Green

Focus only on what truly matters!

#2,236
Oct 23, 2017 10:24am Oct 23, 2017 10:24am

denisius
Joined May 2017 | Status: Trader | 2,047 Posts

Quoting Ata-Turkoglu

Disliked

{quote} I want this thread to focus only and 100% on EURUSD... I strongly believe we don't need such comparisons at all.. I allowed only US Index and Euro Index charts since they are directly connected with EURUSD but everything else is indirect.. therefore my friend stop trying to promote this fashion of comparing charts with each other once and for all.. In my philosophy it is nothing else than loading your mind and chart with more and more indicators and information and noise and filters which only complicate things and never simplify.. It must...

Ignored

Do you know any other language besides English? I know Russian

. May be we can try to speak on other languages too.

#2,237
Oct 23, 2017 10:26am Oct 23, 2017 10:26am

suthmo
| Commercial User | Joined Feb 2010 | 8,031 Posts

Cation for buy orders. I'm really using these pitchforks a lot now.

Attached Image (click to enlarge)

Click to Enlarge

Name: PITCHFORKDOOM.png
Size: 65 KB

Founder of Sutherland Wave Principle

#2,238
Oct 23, 2017 10:44am Oct 23, 2017 10:44am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

this is not EU related its related to figuring people out and the discussion
I'm same as nearly everyone you meet on these forums
= no actual professional experience other than what I learnt on the way from other members, and research...

membership time matters but not always I can give you an idea how you sieve
this guy said he had a professional background longer than his membership
if you can not see it for a fact
don't believe is always the best policy
I don't know why membership was revoked recently

Quoting Trader-Waldo

Disliked

{quote} this post to Bones make me to do some research and conclude: this person joined Forex factory a few months ago(posted 26 images) is lecturing Bones who is posting and contributing to traders in last 10 years (posted 10000 charts). that is very bad. Bones is not whoever and whatever. He is respectful person in Forex Factory. and secondly this person wanted to quit trading and just last week had trades of -500 pips. therefore no credit in trading at all, especially to lecture anyone about trading.

Ignored

Attached Image