Disliked{quote} profit taking at the 1.2081 level from longs covering their positionsIgnored
the new year she start bullish at 2032 maybe she can try more to keep going higher
A little beginner trader since 2006
- #7,641
- Jan 2, 2018 9:28am Jan 2, 2018 9:28am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
A little beginner trader since 2006
- #7,644
- Jan 2, 2018 9:41am Jan 2, 2018 9:41am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
{quote} yep , very likely we've already printed the intraday top today but the weekly top has yet to come
lets be patience and keep looking what the trend say
)))without any positions?
oh no, many of traders cant wait , they like to keep their long more maybe a good chance in long-term to be in green
A little beginner trader since 2006
- #7,647
- Jan 2, 2018 9:51am Jan 2, 2018 9:51am
- Joined Dec 2005 | Status: Trader | 2,857 Posts
{quote} you exactly right , thank u lets be patience and keep looking what the trend say))) without any positions? oh no, many of traders cant wait , they like to keep their long more maybe a good chance in long-term to be in green
let's see if it holds tilll tomorrow
- #7,648
- Jan 2, 2018 10:05am Jan 2, 2018 10:05am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
{quote} this 1.2030 area could provide good support let's see if it holds tilll tomorrow
I cant see 2030 on support level
may i have your chart view please?
I see 2020
thanks
A little beginner trader since 2006
- #7,649
- Jan 2, 2018 10:11am Jan 2, 2018 10:11am
- Joined Dec 2005 | Status: Trader | 2,857 Posts
{quote} bro I cant see 2030 on support level may i have your chart view please? I see 2020 thanks
- #7,651
- Jan 2, 2018 11:07am Jan 2, 2018 11:07am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #7,653
- Edited 11:47am Jan 2, 2018 11:11am | Edited 11:47am
- Joined Dec 2005 | Status: Trader | 2,857 Posts
- #7,655
- Jan 2, 2018 12:07pm Jan 2, 2018 12:07pm
- Joined Jan 2016 | Status: back to the lab again | 425 Posts
If the current correlation between the EUR/USD and the broader index hold we could see this recent high hold the pair for a couple of days. It's also not unusual to see price action consolidate/reverse/wobble around when it it gets completely outside of the bands as it is right now. This is a signal that the volatility that got us here is a little higher than it has been in recent weeks, and barring unexpected fundamental news, typically requires a little introspection by traders. We'll all sit back and ponder the why, take some profit, mourn the losses, reevaluate etc. Models are bearish, but things aren't full blown in the asymmetrical risk profile. Caution required on both sides of the fence right now. - JP
When you hit 50, coffee becomes part of a proper modeling pipeline.
- #7,658
- Jan 2, 2018 4:50pm Jan 2, 2018 4:50pm
- Joined Jan 2016 | Status: back to the lab again | 425 Posts
Updated scan: Couple of things drop from the watchlist, EUR/USD wobbling around outside of the trend channel. Further consolidation or a retracement seem likely from here.
When you hit 50, coffee becomes part of a proper modeling pipeline.
