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  • #7,981
  • Jan 5, 2018 3:30am Jan 5, 2018 3:30am
Quoting altzspec
It will keep shorting all the way to the next support. That is where the smart money will come in. Currently the short sellers are more likely speculators.
if dixy breaks above recent high 92.30 then ........
  • #7,982
  • Jan 5, 2018 3:30am Jan 5, 2018 3:30am
Ive been following your guide here, and its awesome,
newbie here, nice to know all of you, right now, im still learning by doing, compare all of your datas, and mine.
i lost about 100pips a week, but now trying to get it back, already 50pips return, with short
  • #7,983
  • Jan 5, 2018 3:32am Jan 5, 2018 3:32am
Easy trading for the bears @ 1.2090!
On W1 it's a strong resistance at 1.2092!
Only the NFP can break that!

But who knows the NFP and the wages outcome?

BTW, the CPI Flash Estimate in 30 minutes now can bring some spice on the (smaller time frame) chart!
Attached Image
Member
  • #7,984
  • Jan 5, 2018 3:36am Jan 5, 2018 3:36am
Trend is extremely bullish. Everyone is going short-selling counter-trend. Just dun be at the end of the musical chair.
Bank: You are highly encouraged to short the market. Need seller volume. TQ.
  • #7,985
  • Jan 5, 2018 3:44am Jan 5, 2018 3:44am
Quoting altzspec
Trend is extremely bullish. Everyone is going short-selling counter-trend. Just dun be at the end of the musical chair. Bank: You are highly encouraged to short the market. Need seller volume. TQ.
yesterday i made trading mistakes because i ignored my charts and listened to some so called experts

today i am only listening to my charts
  • #7,986
  • Jan 5, 2018 3:48am Jan 5, 2018 3:48am
lets see how price reacts to 2039 level
  • #7,987
  • Jan 5, 2018 3:53am Jan 5, 2018 3:53am
When everyone's indicators say short the market, that is when you should buy.
Bank: Nope, that is definitely not true. Follow your indicators. TQ.

Srry I have a bit of bipolar today. :/
  • #7,988
  • Jan 5, 2018 3:56am Jan 5, 2018 3:56am
TL support h4
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  • #7,989
  • Jan 5, 2018 4:00am Jan 5, 2018 4:00am
Buyers volume coming in... a little at a time now, because it is at 50% retracement.
Long spike noticeable.

P.S. I feel like a news reporter.
  • #7,990
  • Jan 5, 2018 4:02am Jan 5, 2018 4:02am
I'd close my short at 1.2035
And here's why:
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  • #7,991
  • Jan 5, 2018 4:10am Jan 5, 2018 4:10am
Could it be the end of the musical chair for short-sellers?
  • #7,992
  • Jan 5, 2018 4:10am Jan 5, 2018 4:10am
Quoting TudorIoan
I'd close my short at 1.2035 And here's why: {image}
it is an interesting point around 1.2035 area. i'm watching also. a break beow might lead us to 1.2005ish, a failure to break that might take us up to 1.2070-1.2080
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MAKE IT RAIN
  • #7,993
  • Jan 5, 2018 4:11am Jan 5, 2018 4:11am
still short left in this COUNTER TREND move, be slight consolodation of price now i think followed by more downwards move.

Anyone newish to trading want too see what im looking at take a look at my price action post yesterday if you havent already.
  • #7,994
  • Edited 4:27am Jan 5, 2018 4:14am | Edited 4:27am
Quoting mihai1986
{quote} it is an interesting point around 1.2035 area. i'm watching also. a break beow might lead us to 1.2005ish, a failure to break that might take us up to 1.2070-1.2080 {image}
Agree.
BTW, nice PF setup!

Observe the consolidation formed after the C pivot is determined by bearish TL and the highest High and the lowest Low ...that's a fine entry
then I would go to the middle line with RR 1:1...
Classic PF sht!

...but I would stop all that in a NFP day
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  • #7,995
  • Jan 5, 2018 4:24am Jan 5, 2018 4:24am
I bought 4 pips too early, but I should be allright: stochastics on hourly is diverging that should give us somewhat of a trend day.
  • #7,996
  • Jan 5, 2018 4:28am Jan 5, 2018 4:28am
Short sellers are still persistent.
With long buyers coming in, and short sellers still persistent, it is best not to enter any trade. Almost reaching the end.
  • #7,997
  • Jan 5, 2018 4:31am Jan 5, 2018 4:31am
Meanwhile the harmonic pattern outlook on H4.... this is just a reminder for our 2 important patterns: Bearish AB=CD and Bearish Crab

I will focus at: 1.2017 on bearish side for BUY setup.. and 1.2124 on bullish side for SELL setup...

Stay Green
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Focus only on what truly matters!
  • #7,998
  • Jan 5, 2018 4:31am Jan 5, 2018 4:31am
If ABCD doesn't work next potential for short above 1.22 and Butterfly pattern
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  • #7,999
  • Jan 5, 2018 4:32am Jan 5, 2018 4:32am
gone long from here
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  • #8,000
  • Jan 5, 2018 4:35am Jan 5, 2018 4:35am
I got a buy-algo running till the close of this hour.
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