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MoneyFocus' thread of forex and fun

  • #121
  • Nov 20, 2017 7:38am Nov 20, 2017 7:38am
Quoting 4xjunkie
so far up 200 pip on the day, good luck, got to go and trade some more time for green pips, its monday morning here, prediction that the red te will be green by Friday, I also took another gu,
You can do better, it would be green by Wednesday.
  • #122
  • Nov 20, 2017 7:41am Nov 20, 2017 7:41am
Quoting MoneyFocus
{quote} You can do better, it would be green by Wednesday.
trying to keep it within some sort of reality that others can understand, im not traditional at all. im sure its hard enough for purple to try to understand me, just going to hold them for now. need one more account to clean up and everything will be perfect, sure would like to slide a gu on that one as well.
  • #123
  • Nov 20, 2017 7:49am Nov 20, 2017 7:49am
Quoting 4xjunkie
{quote} trying to keep it within some sort of reality that others can understand, im not traditional at all. im sure its hard enough for purple to try to understand me, just going to hold them for now. need one more account to clean up and everything will be perfect, sure would like to slide a gu on that one as well.
Wish you all the best.

It's 11:50pm here in Singapore, I got tempted into one more trade, so let's hope it goes well and I can sleep early tonight.
  • #124
  • Nov 20, 2017 7:59am Nov 20, 2017 7:59am
The Euro is being sold off prior to Draghi's speech....anyone gutsy enough to take a long on say, EUR/JPY?
  • #125
  • Nov 20, 2017 8:42am Nov 20, 2017 8:42am
Wow, what's happening to Gold? :O
  • #126
  • Nov 20, 2017 9:35am Nov 20, 2017 9:35am
UJ still bearish for me. Using this pullback as an opportunity to add more to my short positions. I can see it reaching even up to 112 800 before continuing down but we may well have already reached the top now
  • #127
  • Nov 20, 2017 9:41am Nov 20, 2017 9:41am
Quoting Seshwaan
UJ still bearish for me. Using this pullback as an opportunity to add more to my short positions. I can see it reaching even up to 112 800 before continuing down but we may well have already reached the top now
EJ usually don't co-relate much with UJ and GJ, but EJ might be attempting its push upwards now after being suppressed during Draghi's speech. You might want to adopt a wait and see approach before adding shorts to UJ. Just my two cents. Offering a possible outcome.
  • #128
  • Nov 20, 2017 9:44am Nov 20, 2017 9:44am
Quoting MoneyFocus
Wow, what's happening to Gold? :O
Decisive strong move . I think something big has started...

  • #129
  • Nov 20, 2017 9:50am Nov 20, 2017 9:50am
Quoting F.g
{quote} Decisive strong move . I think something big has started...
The question is of course....up or down more?
  • #130
  • Nov 20, 2017 11:02am Nov 20, 2017 11:02am
Quoting MoneyFocus
{quote} EJ usually don't co-relate much with UJ and GJ, but EJ might be attempting its push upwards now after being suppressed during Draghi's speech. You might want to adopt a wait and see approach before adding shorts to UJ. Just my two cents. Offering a possible outcome.

Wise words, next hour or so could show UJ's cards as I have it hitting right on a trend line from the last 3 highs on the H1.. It may well reverse now or push through
  • #131
  • Nov 20, 2017 1:22pm Nov 20, 2017 1:22pm
Added to my longs on in 112.5 should hold then up to 112.8. Good luck traders
  • #132
  • Nov 20, 2017 5:36pm Nov 20, 2017 5:36pm
Quoting MoneyFocus
{quote} The question is of course....up or down more?
Id say more down.
  • #133
  • Nov 20, 2017 5:50pm Nov 20, 2017 5:50pm
I see an inverted head and shoulders pattern here.
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  • #134
  • Nov 20, 2017 9:19pm Nov 20, 2017 9:19pm
I did it. my nemisis. ive stayed away for months. learned my lesson in 2008. rule #1 for eu dont mess with the top. you will get burned.
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  • #135
  • Nov 20, 2017 9:50pm Nov 20, 2017 9:50pm
It tried the upside down W and failed, it should look like the lower image. granted it is a 100 tick chart but regardless the time frame they typically measure out with the fibs.
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Attached Image (click to enlarge)
Click to Enlarge Name: upside down W.JPG Size: 177 KB
  • #136
  • Nov 20, 2017 10:11pm Nov 20, 2017 10:11pm
There is the continuation candle, up.
Attached Image (click to enlarge)
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it fooled me it was not the upside down w its the ugliest higher M formation. i dig it up, still more up.
  • #137
  • Nov 20, 2017 10:34pm Nov 20, 2017 10:34pm
Here is the m formation I did not fib it kinda wish i did. its not always the same but close.
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  • #138
  • Nov 22, 2017 1:50am Nov 22, 2017 1:50am
Hi all...been busy...hope everyone managed to snag green pips....
  • #139
  • Nov 22, 2017 3:10am Nov 22, 2017 3:10am
Quoting 4xjunkie
I did it. my nemisis. ive stayed away for months. learned my lesson in 2008. rule #1 for eu dont mess with the top. you will get burned. {image}
How are you doing mate?
  • #140
  • Nov 22, 2017 5:01am Nov 22, 2017 5:01am
Once again, the Dragon has been kind.
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