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  • #7,621
  • Jan 2, 2018 5:54am Jan 2, 2018 5:54am
Quoting MXT
{quote} not so fast yes it could retrace a lil bit more , but a 50 / 70 pip retrace doesn't a trend make
h4 rsi divergence can for eu to australia before going back to france lmao
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 31 KB
do not follow me 99.9999999% of times, rest you can lol
  • #7,622
  • Jan 2, 2018 6:00am Jan 2, 2018 6:00am
Quoting PatienceFx
{quote} h4 rsi divergence can for eu to australia before going back to france lmao {image}
alternatively on h1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 31 KB
do not follow me 99.9999999% of times, rest you can lol
  • #7,623
  • Jan 2, 2018 6:05am Jan 2, 2018 6:05am
Quoting PatienceFx
bulls are done for today, bears its drinks on the rocks now
i hope the bears are enjoying the drinks
do not follow me 99.9999999% of times, rest you can lol
  • #7,624
  • Jan 2, 2018 6:08am Jan 2, 2018 6:08am
Hi All!!

I am instead looking at an opportunity to short. In fact I went in for short a few minutes back. SL at 32 pips
  • #7,625
  • Jan 2, 2018 6:10am Jan 2, 2018 6:10am
Quoting PatienceFx
{quote} h4 rsi divergence can for eu to australia before going back to france lmao {image}
sorry, i don't want to be rude or anything, but that is not a divergence.
the divergence is when the price is going one way and the indicator the other way. that is why is called a divergence (disagreement).
Attached Image
MAKE IT RAIN
  • #7,626
  • Jan 2, 2018 6:16am Jan 2, 2018 6:16am
guys, this is just a pause here, the bulls have run out of steam somewhat but they should be back rather sooner than later ... next pitstop on the way up is 1.2083.
  • #7,627
  • Jan 2, 2018 6:23am Jan 2, 2018 6:23am
Quoting mihai1986
{quote} sorry, i don't want to be rude or anything, but that is not a divergence. the divergence is when the price is going one way and the indicator the other way. that is why is called a divergence (disagreement). {image}
yep , you're right
  • #7,628
  • Jan 2, 2018 6:24am Jan 2, 2018 6:24am
Think in the long run this might go a lot higher, target 1.23 probably for a touch on the monthly channel.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 58 KB


But I expect it will go south first, for a touch on the support

So I'll watch the first target at 1.21x @ fibE 100.0, but keep it running for as long as possible.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 72 KB
What's that smell? ---- I smell money!
  • #7,629
  • Jan 2, 2018 6:32am Jan 2, 2018 6:32am
Kinda have same sentiment regarding it will go south first. I am expecting a short would be at a right time now, if not the next entry shld come tomorrow. If all things form well (candlestick combo at resistance point) I will continue to hold my short. If it break the resistance it will be good to monitor for a little and go in for long
  • #7,630
  • Jan 2, 2018 7:03am Jan 2, 2018 7:03am
RSI is over 70 on D1 4h and 1h so bulls might need a little while to gather strenght again, and resistance from former high at 1.20930 ...so for the moment I am short ... just scalping and minilots
  • #7,631
  • Jan 2, 2018 7:11am Jan 2, 2018 7:11am
Hello everybody
I am new on the forum.
I am trying a short 1.2064 SL 1.2090 TP mini 1.2038
If the trade goes in the good direction 1.2058 I will put SL at 1.2072.
  • #7,632
  • Jan 2, 2018 8:16am Jan 2, 2018 8:16am
Welcome 4experience,

Euro is in an Extreme Overbought Condition, and USD in an Oversold Condition, Bulls arent interested in Buying right now, so we can expect Heavy Drops.
  • #7,633
  • Jan 2, 2018 8:28am Jan 2, 2018 8:28am
Thank you ScalpW.
For the moment trend is clearly up.
My target is ony 50% retracement
Attached Image (click to enlarge)
Click to Enlarge Name: EURDOL.png Size: 34 KB
  • #7,634
  • Jan 2, 2018 8:32am Jan 2, 2018 8:32am
Quoting 4experience
Hello everybody I am new on the forum. I am trying a short 1.2064 SL 1.2090 TP mini 1.2038 If the trade goes in the good direction 1.2058 I will put SL at 1.2072.
maybe you got good news!
congrats
the bulls is not still sleep yet I think
lets send your charts and send your opinion on the charts.

welcome to biggest Forex forum
A little beginner trader since 2006
  • #7,635
  • Jan 2, 2018 8:42am Jan 2, 2018 8:42am
Quoting ScalpWarrior
Welcome 4experience, Euro is in an Extreme Overbought Condition, and USD in an Oversold Condition, Bulls arent interested in Buying right now, so we can expect Heavy Drops.
can you please explain what you mean by heavy drops?
A little beginner trader since 2006
  • #7,636
  • Jan 2, 2018 8:51am Jan 2, 2018 8:51am
Happy new year!!!

The Pequod has taken the first trade of the year, and I should have time to get a new video out tomorrow family is packing up to head back to their homes. I hope you all have the most prosperous year- and we are able to keep this thread the most respectable and benificial thread on FF.

Here's to us!
  • #7,637
  • Jan 2, 2018 9:12am Jan 2, 2018 9:12am
Quoting patiencefx
bulls are done for today, bears its drinks on the rocks now
post pics of the party bears
do not follow me 99.9999999% of times, rest you can lol
  • #7,638
  • Jan 2, 2018 9:20am Jan 2, 2018 9:20am
Quoting Naseri13
{quote} can you please explain what you mean by heavy drops?
Extreme UP/Down Moves, which wasn´t the Case this Time.
  • #7,639
  • Jan 2, 2018 9:22am Jan 2, 2018 9:22am
Happy New Year guys! Hopefully this year will be full or fuller of pips than the last one!

This bear seems like a retrace move to me, anyone have different view?
  • #7,640
  • Jan 2, 2018 9:24am Jan 2, 2018 9:24am
Quoting PatienceFx
{quote} post pics of the party bears
profit taking at the 1.2081 level from longs covering their positions
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