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  • #1,139,481
  • Dec 29, 2017 8:43am Dec 29, 2017 8:43am
Quoting F.g
.....and NOT listening to those who know something is another recipee to disaster , mate....
I don't think anyone knows something here lol
COT: The precious data ignored
  • #1,139,482
  • Dec 29, 2017 8:47am Dec 29, 2017 8:47am
good things (2060-2080) take time. ADR is out already and then some. The run resumes next year.
  • #1,139,483
  • Dec 29, 2017 8:47am Dec 29, 2017 8:47am
Quoting RickM
{quote} Why ?
because the market is closed during the holiday and that could cause the price to swing in either direction

also, the dollar has been sold off this week and it might be more bullish towards NFP day next Friday
Don't Worry Be Happy
  • #1,139,484
  • Dec 29, 2017 8:48am Dec 29, 2017 8:48am
You may say so but you have a minor resistance around the 1.20640 area and a major one awaits bulls around the 1.22340 area.

Trade safe and prosper.

KP

Quoting RickM
Hi Guys Just showing you my strategy here. This pair is not stopping anytime soon so hang onto your hat and jump on the bus. {image}
Do your homework, follow the footprints of smart money
  • #1,139,485
  • Edited 9:06am Dec 29, 2017 8:55am | Edited 9:06am
Quoting 3Davy
{quote} Whats you target. Don't you think we have seen the top.
We are in perhaps for a wild ride. The goal is away off at 1.231 but it may take a month.
Attached Image (click to enlarge)
Click to Enlarge Name: hat.png Size: 245 KB
Trading thin liquidity at the boundary of the charts
  • #1,139,486
  • Dec 29, 2017 9:01am Dec 29, 2017 9:01am
Quoting MrPresident
{quote} because the market is closed during the holiday and that could cause the price to swing in either direction also, the dollar has been sold off this week and it might be more bullish towards NFP day next Friday
I see your logic.

I always close trades during NFP days but will quickly re-enter if news is favourable to my Bias.
The funny thing is the market knows in advantage ( or does their own figures ) and with the recent sharp rise here, the market has already moved on the NFP information.

You will see in happen time & time again. The weekly trend seems to know whats up before we do.
Trading thin liquidity at the boundary of the charts
  • #1,139,487
  • Dec 29, 2017 9:02am Dec 29, 2017 9:02am
we're just less than 100 pips away from year's top
  • #1,139,488
  • Dec 29, 2017 9:04am Dec 29, 2017 9:04am
Quoting KeenPips
You may say so but you have a minor resistance around the 1.20640 area and a major one awaits bulls around the 1.22340 area. Trade safe and prosper. KP {quote}
Yes

But the big picture is still the same.
I trade the H4 chart and will enter & exit chart on those bumps and dips. It still won't change my Bias though so will look to trade every H4 dip.

Of course I could be wrong, if I am I will see it will a candle shape pattern and get the hell out quick.
Trading thin liquidity at the boundary of the charts
  • #1,139,489
  • Dec 29, 2017 9:05am Dec 29, 2017 9:05am
Quoting RickM
{quote} We are it perhaps for a wild ride. The goal is away off at 1.231 but it may take a month. {image}
I prefer to stay out of the wind rather than hang on to my hat. Been out in the storm before and prefer to be safe.

If I were to take a position, it would be very small as market can gap past your stop and keep going while your broker is closed up shop foe new year.
Ecclesiastes 1:9
  • #1,139,490
  • Dec 29, 2017 9:11am Dec 29, 2017 9:11am
Quoting newbegger
{quote} I prefer to stay out of the wind rather than hang on to my hat. Been out in the storm before and prefer to be safe. If I were to take a position, it would be very small as market can gap past your stop and keep going while your broker is closed up shop foe new year.
Agree

I am only trading small this week so I can handle this risk.
I will be looking to add a trade with a size 1.5 times larger if it does gap against me. This will give me a better average price and an opportunity to save my position.
Trading thin liquidity at the boundary of the charts
  • #1,139,491
  • Dec 29, 2017 9:27am Dec 29, 2017 9:27am
we could still be hitting 1.2000 + today
  • #1,139,492
  • Dec 29, 2017 9:41am Dec 29, 2017 9:41am
Good to trade with a trade plan and anticipate alternative scenarios lol.

Trade safe and prosper.

KP

Quoting RickM
{quote} Yes But the big picture is still the same. I trade the H4 chart and will enter & exit chart on those bumps and dips. It still won't change my Bias though so will look to trade every H4 dip. Of course I could be wrong, if I am I will see it will a candle shape pattern and get the hell out quick.
Do your homework, follow the footprints of smart money
  • #1,139,493
  • Dec 29, 2017 9:48am Dec 29, 2017 9:48am
just gone long @ 1.1997

target 1.2030 area
  • #1,139,494
  • Dec 29, 2017 9:58am Dec 29, 2017 9:58am
Going in for a possible few to the downside? Not alluding to reversal - just possible opportunity. Also long Swissy? Swissy target @ 0.9860 area?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH4.png Size: 63 KB
We Can
  • #1,139,495
  • Dec 29, 2017 10:01am Dec 29, 2017 10:01am
All year EU was long...and no profit taking even on the last days of the year...just wow, I suck this week.
Everyone can see the chart, but only a few can actually read it.
  • #1,139,496
  • Dec 29, 2017 10:09am Dec 29, 2017 10:09am
Attached Image


This goes out to all the ''professional traders'' hope you stop the fuckery and actually learn how to trade in 2018, should be one of your new year resolutions.

And yes this is shot being taken LMAO
Read in between the price!!!
  • #1,139,497
  • Dec 29, 2017 10:21am Dec 29, 2017 10:21am
very impressive year end run, congratulations bulls. happy new year
Whatever is happening right now has happened before and will happen again.
  • #1,139,498
  • Dec 29, 2017 10:22am Dec 29, 2017 10:22am
I advised you guys to buy oil at 45. Now it is 66 a rise of more than 50%
  • #1,139,499
  • Dec 29, 2017 10:23am Dec 29, 2017 10:23am
closed @ 1.2011

+ 14 pips

on the sidelines
  • #1,139,500
  • Dec 29, 2017 10:24am Dec 29, 2017 10:24am
Quoting calebfx
{image} This goes out to all the ''professional traders'' hope you stop the fuckery and actually learn how to trade in 2018, should be one of your new year resolutions. And yes this is shot being taken LMAO
good day, Calebfx

Explain please?
We Can
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