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  • #9,241
  • Jan 15, 2018 3:12am Jan 15, 2018 3:12am
Quoting Ata-Turkoglu
Marking 1.2264... while above no shorting.. that's even still a good place to add new longs.. Stay Green
It better get below this fast. Euro needs to breath
  • #9,242
  • Jan 15, 2018 3:14am Jan 15, 2018 3:14am
i don't think this is a reversal point. i take it as a small retracement. i'll be looking for a buy setup at this dip if it does not go under 1.2240
MAKE IT RAIN
  • #9,243
  • Jan 15, 2018 3:16am Jan 15, 2018 3:16am
Quoting Tydo
{quote} It better get below this fast. Euro needs to breath
It's always the people without umbrellas who are mostly unhappy with the rain..

Stay Green
Focus only on what truly matters!
  • #9,244
  • Jan 15, 2018 3:17am Jan 15, 2018 3:17am
Quoting Ata-Turkoglu
{quote} I want to kindly ask.. what is your reason to post here mrnicecookie? Is it because all sorts of posts are allowed here? Well it is not quite like that. I wish to see experienced traders to post their ideas and newbies to ask questions if any. If newbies pretend they know how to trade and post empty content then I have to interfere. This is not a chitchat room. This is a place where experts share ideas and newbies listen or learn. Don't create noise please. Stay Green
Sorry just wanting to share views on trade decisions I make to see who has the same or different views on trade decisions
  • #9,245
  • Jan 15, 2018 3:19am Jan 15, 2018 3:19am
Quoting Ata-Turkoglu
{quote} It's always the people without umbrellas who are mostly unhappy with the rain.. Stay Green
i like the rain, and i never use an umbrella
MAKE IT RAIN
  • #9,246
  • Jan 15, 2018 3:19am Jan 15, 2018 3:19am
It's amazing to me how the price stops a few pips from round numbers, without touching them. Frankfurt retrace stopped at 1.2201, now price stopped at 1.22964.
  • #9,247
  • Jan 15, 2018 3:22am Jan 15, 2018 3:22am
hi ATA.
the PA today touched the mai bullish channel
it might bring PA back in that main channel that we have seen this year
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-01-15.png Size: 110 KB
MAKE IT RAIN
  • #9,248
  • Jan 15, 2018 3:23am Jan 15, 2018 3:23am
Quoting the3mp
It's amazing to me how the price stops a few pips from round numbers, without touching them. Frankfurt retrace stopped at 1.2201, now price stopped at 1.22964.
that is why i never use round numbers for TP, SL or TS
MAKE IT RAIN
  • #9,249
  • Jan 15, 2018 3:25am Jan 15, 2018 3:25am
Looks like it's falling over, but if you zoom on on higher timeframes, this is nothing. Definitely some loss of strength on the upwards momentum.
  • #9,250
  • Jan 15, 2018 3:26am Jan 15, 2018 3:26am
Quoting Starcraftmaz
Looks like it's falling over, but if you zoom on on higher timeframes, this is nothing. Definitely some loss of strength on the upwards momentum.
it did made over 100 pips from today's low to high... i'll say that is not a bad PA for the day
MAKE IT RAIN
  • #9,251
  • Jan 15, 2018 3:30am Jan 15, 2018 3:30am
monthly resistance 1.2323 since 1998 ...i think it's a reversal area of EUR...
  • #9,252
  • Jan 15, 2018 3:31am Jan 15, 2018 3:31am
Quoting mihai1986
hi ATA. the PA today touched the mai bullish channel it might bring PA back in that main channel that we have seen this year {image}
The pair "might" do a gazillion of things.. I encourage you to post your ideas especially ONCE YOU SEE SIGNS where it started to do "THINGS" that made you think it might do.. Many of us here are interested to read about those "SIGNS" and THINGS" you notice and not the "MIGHTS"

Stay Green
Focus only on what truly matters!
  • #9,253
  • Jan 15, 2018 3:37am Jan 15, 2018 3:37am
Marking 1.2273 as nearest resistance.. next resistance at 1.2281 will strenghten it..

Stay Green
Focus only on what truly matters!
  • #9,255
  • Jan 15, 2018 3:41am Jan 15, 2018 3:41am
Quoting sunilpawar
Seems target of 1.2300 by tomorrow before correction till 1.2055 levwls
I think that was fair
Shorting here for 100 pip correction
The Phoenix Trader....
  • #9,256
  • Jan 15, 2018 3:49am Jan 15, 2018 3:49am
Have adjusted the price channel, will try and get to the bottom of channel or a test of last weeks high
Attached Image (click to enlarge)
Click to Enlarge Name: 10 EU.jpg Size: 246 KB
  • #9,257
  • Jan 15, 2018 4:01am Jan 15, 2018 4:01am
Agree to analysis.
I will like to add that it will also meet the support at 1.22402, before possibly rebounce (Plenty of supports for it to rebounce actually).
1.22027 is a significant support to watch.
No intention to go long until this significant support is reached.
Anyone who goes long at this point, I will follow.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 27 KB
  • #9,258
  • Jan 15, 2018 4:16am Jan 15, 2018 4:16am
Quoting altzspec
Agree to analysis. I will like to add that it will also meet the support at 1.22402, before possibly rebounce (Plenty of supports for it to rebounce actually). 1.22027 is a significant support to watch. No intention to go long until this significant support is reached. Anyone who goes long at this point, I will follow. {image}
If one puts all the pieces together,, 1.2096 will come into play at some point ,,, 50% thru the month now ,,,,, a dribble down to test the neckline of inverted H&S on daily with which the neckline is basically the 50% level of entire last drop on monthly chart,,,,, Has to start with dropping out of the channel on previous post tho ,,,,,, that would be a start. Piece by piece you can put the data together,, always want to take a gander at the grand puba of charts every now and then , the ole monthly lol
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 295 KB
  • #9,259
  • Edited 5:03am Jan 15, 2018 4:29am | Edited 5:03am
Euro still to go higher in my eyes.
After my mess up this morning trying to pick tops and reversals look how that ended up pffft but i made good pips so im happy anyway
Take a look at the chart below strength to the bulls as per projection and depth analysis!

Lesson learnt for today.......dont try to pick tops!!! Lucky i didnt get burnt. I said this would go higher to just really p@@@@d i didnt trust my judgment and tried to counter trend trade.

Any how weak pull back displaying here, looking for a long entry near the end of this pull back.
Ill also compare pullback to the previous pullback to gauge trend strength.

Dont fight the trend..........especially you neil.....idiot
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20180115-142600.jpg Size: 243 KB
  • #9,260
  • Jan 15, 2018 4:44am Jan 15, 2018 4:44am
Quoting Neil0163
Euro still to go higher in my eyes. After my mess up this morning trying to pick tops and reversals look how that ended up pffft but i made good pips so im happy anyway Take a look at the chart below strength to the bulls as per projection and depth analysis! Lesson learnt for today.......dont try to pick tops!!! Lucky i didnt get burnt. I said this would go higher to just really p@@@@d i didnt trust my judgment and trade to counter trend trade. Any how weak pull back displaying here, looking for a long entry near the end of this pull back. Ill...
Ah, dont be too hard on yourself ,,,,, your positive on the day ,,,,,opportunity not quite taken full advantage of , thats all, its only Monday
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