1.1740 - 1.1770 is the area of trading until tomorrow evening. Not going in. I lost some money today. We'll get in day after tomorrow.
- #4,643
- Nov 14, 2017 7:24am Nov 14, 2017 7:24am
{quote} I would like too see a not so clean touching point, instead, on your chart i would like it to touch between mR3 and R3, but that is my view.. I feel the recent 2 touches in the current zone are too clean, If your stoploss is just above, i think stoploss hunting will kill your trade eventually! I am currently not in a trade on this pair, awaiting reversal, and confirmation! my 2 cents.
we are getting close to the sweet spot to sell, I am planning to go short tommorow or thursday depending on how structure develops and i will wait for confirmation.
If she goes down, She will go atleast untill the lowest point of november.
my 2 cents
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- #4,648
- Nov 14, 2017 7:26am Nov 14, 2017 7:26am
{quote} It tells me that banks want to push price as high as they can to hunt stops of as many new or old sellers as it gets.. until people start thinking this is really going up and percentages of buy trades rise.. then they will start selling.. so no rush to sell at all.. I let my long run.. maybe tomorrow I can decide.. I already called it a day.. Stay Green
just my idea!! Wait for structure and then sell the shit out of this thing
i expect a little over-shoot to kill al Stop losses, only if this pair will hit the 1.185xx it will go bullish in my view.. Otherwise, my outlook is still bearish
- #4,652
- Nov 14, 2017 7:34am Nov 14, 2017 7:34am
- | Membership Revoked | Joined May 2015 | 2,903 Posts
{quote} and right you were! wow that's a big overshoot....
- #4,653
- Nov 14, 2017 7:37am Nov 14, 2017 7:37am
- Joined Aug 2010 | Status: Trader | 1,294 Posts
The Phoenix Trader....
- #4,656
- Nov 14, 2017 7:41am Nov 14, 2017 7:41am
- Joined Nov 2010 | Status: To pip or not to pip... | 1,030 Posts
Taigen Profit This Month:
na
- #4,657
- Nov 14, 2017 7:41am Nov 14, 2017 7:41am
- Joined Jan 2016 | Status: back to the lab again | 425 Posts
Levels etc...
The index popped higher over night, strong momentum right now across the underlying pairs. Resistance levels have been broken in most cases. R2 and R3's are next targets if momentum persists. The EURUSD looks asymmetrical in the short term time frames only. It's still neutral in the longer studies. Reversal in this could be a ways off and might be a little more subdued when/if they occur than say in the EURCHF or EURNZD.
The index popped higher over night, strong momentum right now across the underlying pairs. Resistance levels have been broken in most cases. R2 and R3's are next targets if momentum persists. The EURUSD looks asymmetrical in the short term time frames only. It's still neutral in the longer studies. Reversal in this could be a ways off and might be a little more subdued when/if they occur than say in the EURCHF or EURNZD.
When you hit 50, coffee becomes part of a proper modeling pipeline.
