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  • #5,261
  • Nov 17, 2017 8:48am Nov 17, 2017 8:48am
Quoting HockMan
You MoneyFocus, Ata, Mithoss, are all good. Others are also good. As long as net trading is profit, that is excellent.
Hey HockMan, I PM-ed you, did you get it? Cheers.
  • #5,262
  • Nov 17, 2017 8:54am Nov 17, 2017 8:54am
oh, I did not get your PM. btw how do I retrieve it should you PM me? tks Money
  • #5,263
  • Nov 17, 2017 9:06am Nov 17, 2017 9:06am
Quoting HockMan
oh, I did not get your PM. btw how do I retrieve it should you PM me? tks Money
Let's respect Ata-Turkoglu, take this to my thread.

As for reading PM, go to your own profile and see the right hand side. Cheers.

Ata, sorry about this side-tracking! My apologies.

Here's something for you...
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  • #5,264
  • Nov 17, 2017 9:17am Nov 17, 2017 9:17am
Quoting MoneyFocus
{quote} Let's respect Ata-Turkoglu, take this to my thread. As for reading PM, go to your own profile and see the right hand side. Cheers. Ata, sorry about this side-tracking! My apologies. Here's something for you... {image}
Lol.. end of day.. end of week.. you deserved it.. I hope you all did good for this week.. up to next week..

Before I call it a day I leave you with a quote: "Forget the losses.. but always remember the lesson.."

Happy Weekends to All
Focus only on what truly matters!
  • #5,265
  • Nov 17, 2017 9:20am Nov 17, 2017 9:20am
Quoting Ata-Turkoglu
{quote} Lol.. end of day.. end of week.. you deserved it.. I hope you all did good for this week.. up to next week.. Before I call it a day I leave you with a quote: "Forget the losses.. but always remember the lesson.." Happy Weekends to All
have a great weekend ATA
it was a week with ups and downs, but as you said, i'll learn some lessons
MAKE IT RAIN
  • #5,266
  • Nov 17, 2017 9:22am Nov 17, 2017 9:22am
Quoting Ata-Turkoglu
{quote} Lol.. end of day.. end of week.. you deserved it.. I hope you all did good for this week.. up to next week.. Before I call it a day I leave you with a quote: "Forget the losses.. but always remember the lesson.." Happy Weekends to All
Alright...I shall ask for a little more for what I deserve...

Do you think my longs from 1.18014 would be fine? Lolz. Just wanted to hear your views.
  • #5,267
  • Nov 17, 2017 9:26am Nov 17, 2017 9:26am
Quoting SteFX85
{quote} Maybe not today probably next week. I already have an entry on 1 limit order so I made some adjustments, will take profit @ 885x for one, if the others get hit I will move my S/L. Won't hold this trade longer than tuesday. This is a rising wegde and probably the last leg of the minor uptrend so after this comes a correction and I'm not very sure we should be shifting intermediate bias already (EW count). If we get a break we can expect a move down as high as 250pips. (Same as our previous down move) That would mean we break support of our...
thats why i said bears sharpen your paws, coz there is still one upmove before a decent drop
  • #5,268
  • Nov 17, 2017 9:29am Nov 17, 2017 9:29am
by the simple looks of it, i won't be surprised if it gaps up next week open
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  • #5,269
  • Nov 17, 2017 9:31am Nov 17, 2017 9:31am
Quoting PatienceFx
{quote} thats why i said bears sharpen your paws, coz there is still one upmove before a decent drop
I hope you are correct, because that's what I'm seeing as well.
  • #5,270
  • Nov 17, 2017 9:42am Nov 17, 2017 9:42am
Made my plan for shorts next week too,

Call it a day...

See you next week guys!
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What's that smell? ---- I smell money!
  • #5,271
  • Nov 17, 2017 1:07pm Nov 17, 2017 1:07pm
have a nice weekend everyone
MAKE IT RAIN
  • #5,272
  • Nov 17, 2017 4:36pm Nov 17, 2017 4:36pm
i will only sell this wild girl next week
If You Can't Join Them, Beat Them!
  • #5,273
  • Nov 17, 2017 8:59pm Nov 17, 2017 8:59pm
What about this.....?

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  • #5,274
  • Nov 18, 2017 4:36am Nov 18, 2017 4:36am
Quoting SteFX85
Made my plan for shorts next week too, Call it a day... See you next week guys! {image}
Good. I'm on the same page. I'm also looking at the same spot 1.18786. I will put a pending order. I wouldn't surprise even if it hit 1.19 -1.1930 and pullback. In my view it will hit 1.1400 end of the december which will make most of the dollar denominated european markets run for the profits i.e they're profits will be low when they close their book at the end of the year.
  • #5,275
  • Nov 18, 2017 6:43am Nov 18, 2017 6:43am
We already dipped below 1.1770 according to xe.com during weekend so direction is clearly still down. What they did though during friday was pretty confusing. Price reacted to every support possible and even created a fake low. Probably gap down will follow on monday so shorts should be happy if they held through the weekend!
  • #5,276
  • Nov 18, 2017 7:00am Nov 18, 2017 7:00am
Quoting Stillearnin
We already dipped below 1.1770 according to xe.com during weekend so direction is clearly still down. What they did though during friday was pretty confusing. Price reacted to every support possible and even created a fake low. Probably gap down will follow on monday so shorts should be happy if they held through the weekend!

I hope you're right. I went into the close with a tiny short (swing trade) and it would be nice to see it in profit tomorrow night. This week was certainty above breakeven equity wise but only a small number of green pips on the algo account but much more on the manual account but the manual side is not the main breadwinner so feel a little deflated!!! Surfing the blues!
  • #5,277
  • Nov 18, 2017 9:14am Nov 18, 2017 9:14am
I had opened a short position but I closed it before the market closed yesterday. I am not sure whether it will start falling again despite the shooting star candlestick on the daily time-frame at 1.1860.
  • #5,278
  • Edited Nov 19, 2017 1:21am Nov 18, 2017 9:32am | Edited Nov 19, 2017 1:21am
Gentlemen, this thing is like a soda with a cap and beptobizmo about to blow up. First, we have a ascending triangle, this broke out, then, we have a descending wedge, which was the later stages of the triangle I saw yesterday. The trendline from the ascending triangle acted as both a resistance point AND a apex for the wedge. Now, we have a THIRD triangle, also with a apex at the trendline of the ascending triangle. All these triangles mean that buyers are about to overtake sellers, or visa versa. Notice how since the first ascending triangle, volume has gone steadily down. A spike in volume could change the direction dramatically. Fibb levels indicate it's right at the resistance level. We could have a major up or down trend here in either direction.

Disclosure, I've opened a buy stop loss at 1.181. The stop loss is 1.1791, take profit at 1.189.

I've also placed a short 1.177 with a stop loss of 1.79. Take profit is set for 1.1692. I believe there will be a major move verified or denied at either of these points. According to the trendline in place and current fibb levels, I think theres huge up or down potential. I also see a symmetrical triangle, which has a 60% chance trend continuation 40% reversal average. The size dictates strong movement in said direction.
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  • #5,279
  • Nov 18, 2017 10:14am Nov 18, 2017 10:14am
Quoting Stillearnin
We already dipped below 1.1770 according to xe.com during weekend so direction is clearly still down. What they did though during friday was pretty confusing. Price reacted to every support possible and even created a fake low. Probably gap down will follow on monday so shorts should be happy if they held through the weekend!
xe.com = not accurate... at all.
  • #5,280
  • Nov 18, 2017 10:28am Nov 18, 2017 10:28am
I think it's fair to state the EUR/USD could go in either direction this week.
So trade carefully.....there will be much safer investment opportunities down the road.
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