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EURUSD only

  • #8,921
  • Jan 12, 2018 6:34am Jan 12, 2018 6:34am
Quoting 4experience
yes I am! My scuba suit is ready for the sea depht
Ready as you are sir!
  • #8,922
  • Jan 12, 2018 6:39am Jan 12, 2018 6:39am
So far 1.2122 is acting as support.. price seems to settle above it.. meaning: still early to sell.. once it goes below 1.2122 and that level starts acting as resistance we can start looking for sell setup.. no rush.. my half cents...

Stay Green
Focus only on what truly matters!
  • #8,923
  • Jan 12, 2018 6:40am Jan 12, 2018 6:40am
Quoting pipprincess
I had a hope that 2018 will be the year forex sees a return to proper daily ranges. 100 pips a day wasn't unusual for EURUSD back when I started trading, but more recently it average about 40 pips a day from high to low and many times even less. In fact, daily ranges in general seems to have more than halved over the years, so this year's got off to a good start! I'm flat until next week.
So true, same as you;100 pips a day for E/U was rather dull back in the day.
  • #8,924
  • Jan 12, 2018 6:41am Jan 12, 2018 6:41am
I'm more than happy if it can dip to 1.20700 after news today
  • #8,925
  • Jan 12, 2018 6:42am Jan 12, 2018 6:42am
Quoting rickokmz
{quote} would u gives us the explanation please? Or chart analysis?

I can tell you why it is very realistic.
In weekly we are in a triangle and at the end of the day we should finish with price < 1.20600 !

Amazing !
Attached Image (click to enlarge)
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  • #8,926
  • Jan 12, 2018 6:43am Jan 12, 2018 6:43am
Quoting mrnicecookie
{quote} Hmmm...why do u say that? Any reason why above forecast and nothing happens?
I say that because I believe any of my three scenarios are more likely than yours
Without getting lengthy, you have to consider the general position of risk

No positions held.
  • #8,927
  • Jan 12, 2018 6:44am Jan 12, 2018 6:44am
..Merely by way of an update - I've got 3 short entries in the hole and am in drawdown at 0.6%.

Retrace lower remains for me and I'm awaiting the next short entry...Phase in, scaleout,phase in..Drawdown..

Well done to all you 'Longers'
  • #8,928
  • Jan 12, 2018 6:46am Jan 12, 2018 6:46am
Quoting 4experience
{quote} I can tell you why it is very realistic. In weekly we are in a triangle and at the end of the day we should finish with price < 1.20600 ! Amazing ! {image}
Not sure! ...but realistic and R/R unbeatable.
We should use SL
  • #8,929
  • Jan 12, 2018 6:47am Jan 12, 2018 6:47am
Quoting JerryFisher
There are forgotten buyers at 1.2040. Price will come back later once reversal is formed. Sooner or later.
This floating right at high of day is very scary. I can't see how it will pop up again from here however, the market does what he does.
The Earth is flat!
  • #8,930
  • Jan 12, 2018 6:51am Jan 12, 2018 6:51am
with such number of people short, it's definitely going to bang higher..
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  • #8,931
  • Jan 12, 2018 6:54am Jan 12, 2018 6:54am
Quoting jusstin911
with such number of people short, it's definitely going to bang higher.. {image}
on Xstation5:
volume
78.4% shorts
21.6% longs

traders
75.2% shorts
24.8% longs
MAKE IT RAIN
  • #8,932
  • Jan 12, 2018 7:01am Jan 12, 2018 7:01am
Based on Harmonics, we are roughly inside a sell zone.. can go higher up until Crab completion level: 1.2190.. sell as you please, based on your system.. eventually soon we are going back to bearish.. the rest is noise.. my half cents..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-Harmonics.png Size: 50 KB
Focus only on what truly matters!
  • #8,933
  • Jan 12, 2018 7:01am Jan 12, 2018 7:01am
Quoting mihai1986
{quote} on Xstation5: volume 78.4% shorts 21.6% longs traders 75.2% shorts 24.8% longs

Scary dont you think
  • #8,934
  • Jan 12, 2018 7:02am Jan 12, 2018 7:02am
Quoting mihai1986
{quote} on Xstation5: volume 78.4% shorts 21.6% longs traders 75.2% shorts 24.8% longs
another reason for a spike lee.. lol but let's see what they do with it..
  • #8,935
  • Jan 12, 2018 7:03am Jan 12, 2018 7:03am
Quoting Dingoman-two
{quote} Scary dont you think
yes... it makes you think
MAKE IT RAIN
  • #8,936
  • Jan 12, 2018 7:13am Jan 12, 2018 7:13am
let's see..

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  • #8,937
  • Jan 12, 2018 7:15am Jan 12, 2018 7:15am
Quoting Ata-Turkoglu
Based on Harmonics, we are roughly inside a sell zone.. can go higher up until Crab completion level: 1.2190.. sell as you please, based on your system.. eventually soon we are going back to bearish.. the rest is noise.. my half cents.. Stay Green {image}
i did all thge math, my XABCD patern (bearish crab) has the D point at 1.2189, so at just 1 point of your 1.2190 level, regardles of that 1 hour timeframe gap.
so i guess i'll be very carefull at that level to find a good selling point, or as close as it gets to that level.
MAKE IT RAIN
  • #8,938
  • Jan 12, 2018 7:17am Jan 12, 2018 7:17am
Quoting jusstin911
{quote} another reason for a spike lee.. lol but let's see what they do with it..
I love this

Stay Green
Focus only on what truly matters!
  • #8,939
  • Jan 12, 2018 7:17am Jan 12, 2018 7:17am
Quoting mihai1986
{quote} on Xstation5: volume 78.4% shorts 21.6% longs traders 75.2% shorts 24.8% longs
But it is also a fact that short term( or then retail) traders are correct most of the time. We lack execution and rounding off. I'm going for 1.2000. That is my TP.
We Can
  • #8,940
  • Jan 12, 2018 7:24am Jan 12, 2018 7:24am
6 mins to my tp time!!! Tp 1.1950
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