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EURUSD only

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  • Post #9,521
  • Quote
  • Jan 17, 2018 9:00am Jan 17, 2018 9:00am
  •  newbegger
  • Joined May 2011 | Status: Member | 1,403 Posts
Quoting Ata-Turkoglu
Disliked
{quote} As long as no H4 close below 1.2210 my long term bias will stay bullish.. Stay Green
Ignored
I have that round number thing in my head so I am watching 1.2200 on lower time frame to see if the bulls defend it.

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Ecclesiastes 1:9
 
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  • Post #9,522
  • Quote
  • Jan 17, 2018 9:17am Jan 17, 2018 9:17am
  •  Starcraftmaz
  • Joined Mar 2012 | Status: Member | 1,835 Posts
Apologies for the crosspost, this is my base outlook. Nothing complicated.
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  • Post #9,523
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  • Jan 17, 2018 10:29am Jan 17, 2018 10:29am
  •  macanmzf
  • | Joined May 2015 | Status: Member | 28 Posts
momentum on tf 15 is over
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  • Post #9,524
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  • Jan 17, 2018 10:58am Jan 17, 2018 10:58am
  •  matthewpeter
  • | Joined Nov 2014 | Status: Member | 75 Posts
Quoting macanmzf
Disliked
momentum on tf 15 is over {image}
Ignored
Nope... not H&S
"it's ok to lose, just don't fail"
 
1
  • Post #9,525
  • Quote
  • Jan 17, 2018 11:33am Jan 17, 2018 11:33am
  •  Neil0163
  • Joined Jul 2017 | Status: Active member | 1,655 Posts
Look at your dailys it will show the trend in a bigger picture its streched out.

So what should i be seeing?
Well a pull back.

What usually happens on larger time frames before a pull back?
Consolodation

Do we have that?
Yup, consolodation phase on the daily before the down move.
 
 
  • Post #9,526
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  • Jan 17, 2018 11:38am Jan 17, 2018 11:38am
  •  HiddenGap
  • Joined Aug 2009 | Status: Reading the tape | 2,324 Posts
Quoting macanmzf
Disliked
momentum on tf 15 is over {image}
Ignored
I would agree that today's dominate trend to the down side is taking a breather. We have seen rejection of STRONG Selling Aggression at the low and MODERATE, STRONG, and EXTREME Buying Aggression all have follow through and hold their respective lows. Plus Chart Modes I & II are now green. But I don't know if I would call it over just yet.
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Wyckoff VSA: (1) Supply vs Demand (2) Effort vs Result (3) Cause vs Effect
1
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  • Post #9,527
  • Quote
  • Jan 17, 2018 11:48am Jan 17, 2018 11:48am
  •  KingOSwing
  • | Joined Jan 2011 | Status: member of sorts | 296 Posts
Quoting HiddenGap
Disliked
{quote} I would agree that today's dominate trend to the down side is taking a breather. We have seen rejection of STRONG Selling Aggression at the low and MODERATE, STRONG, and EXTREME Buying Aggression all have follow through and hold their respective lows. Plus Chart Modes I & II are now green. But I don't know if I would call it over just yet. {image}
Ignored
So you know - but you do not know... interesting
We Can
 
 
  • Post #9,528
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  • Edited 12:16pm Jan 17, 2018 12:04pm | Edited 12:16pm
  •  HiddenGap
  • Joined Aug 2009 | Status: Reading the tape | 2,324 Posts
Quoting KingOSwing
Disliked
{quote} So you know - but you do not know... interesting
Ignored
ZEN and the ART of TRADING:

I don't presume to know anything other than the fact that I know nothing.
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Wyckoff VSA: (1) Supply vs Demand (2) Effort vs Result (3) Cause vs Effect
 
1
  • Post #9,529
  • Quote
  • Jan 17, 2018 12:40pm Jan 17, 2018 12:40pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,347 Posts
With the main condition that as long as H4 candles don't close below 1.2213

I prefer to:

  1. Waiting for M30 candles to settle above 1.2220 first
  2. Then another bullish attack to climb above 1.2255

Until that happens I simply stay out... or I will look to sell if bears crack 1.22

For now marking 1.2230 as nearest support

Stay Green

Be a seer, not a looker!
 
 
  • Post #9,530
  • Quote
  • Jan 17, 2018 1:08pm Jan 17, 2018 1:08pm
  •  CyanideFX
  • | Joined Jan 2018 | Status: Member | 13 Posts
It’s horrible how no matter what I’ve done today, market went exactly the other direction :
buy: it goes down
close the position: goes back up
short: keeps going up
close: comes back down...
and so on... shitty day !
 
3
  • Post #9,531
  • Quote
  • Jan 17, 2018 1:38pm Jan 17, 2018 1:38pm
  •  MoneyFocus
  • | Membership Revoked | Joined Aug 2017 | 2,302 Posts
A wild random Euro pump occurs again.
 
 
  • Post #9,532
  • Quote
  • Jan 17, 2018 1:38pm Jan 17, 2018 1:38pm
  •  boxerr
  • | Joined May 2009 | Status: Member is quite big | 64 Posts
Quoting CyanideFX
Disliked
It’s horrible how no matter what I’ve done today, market went exactly the other direction : buy: it goes down close the position: goes back up short: keeps going up close: comes back down... and so on... shitty day !
Ignored
Step back and take a deep breath. Revaluate you strategies. Check out your time frames. CHILLLLLLLLLL!!!!!!!!!!!!
 
 
  • Post #9,533
  • Quote
  • Jan 17, 2018 1:42pm Jan 17, 2018 1:42pm
  •  honesttrader
  • | Joined Dec 2017 | Status: Member | 92 Posts
When is this EURO rally going to stop. I am confused. Whats driving it so high?
 
 
  • Post #9,534
  • Quote
  • Jan 17, 2018 1:43pm Jan 17, 2018 1:43pm
  •  MoneyFocus
  • | Membership Revoked | Joined Aug 2017 | 2,302 Posts
Quoting CyanideFX
Disliked
It’s horrible how no matter what I’ve done today, market went exactly the other direction : buy: it goes down close the position: goes back up short: keeps going up close: comes back down... and so on... shitty day !
Ignored
Dont get too upset, it's crazy hard to trade Euro these few days. It keeps getting pumped out of the blue for no reason at all, or at least that's what I can't comprehend....
 
 
  • Post #9,535
  • Quote
  • Jan 17, 2018 1:51pm Jan 17, 2018 1:51pm
  •  KingOSwing
  • | Joined Jan 2011 | Status: member of sorts | 296 Posts
Quoting HiddenGap
Disliked
{quote} ZEN and the ART of TRADING: I don't presume to know anything other than the fact that I know nothing. {image}
Ignored
You are right, sir.

Cannot agree more.
We Can
 
 
  • Post #9,536
  • Quote
  • Jan 17, 2018 1:53pm Jan 17, 2018 1:53pm
  •  HockMan
  • | Joined Aug 2017 | Status: Member | 275 Posts
Gbp is up and euro as well. Lost almost usd 1 mil. Dont know why gbp shoot up. Life saving gone!
 
 
  • Post #9,537
  • Quote
  • Jan 17, 2018 1:53pm Jan 17, 2018 1:53pm
  •  Dano12
  • Joined Nov 2012 | Status: Member | 5,895 Posts
hello all..... nice wave 5 in 3
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  • Post #9,538
  • Quote
  • Jan 17, 2018 1:56pm Jan 17, 2018 1:56pm
  •  Rennaissance
  • Joined Oct 2017 | Status: Member | 770 Posts
Quoting MoneyFocus
Disliked
{quote} Dont get too upset, it's crazy hard to trade Euro these few days. It keeps getting pumped out of the blue for no reason at all, or at least that's what I can't comprehend....
Ignored
It's actually become easy to trade, and the level of activity is great. When last did this pair move constantly through out the day. And let's not forget last week's absolute banger trade.
When you see it, BET big.
 
 
  • Post #9,539
  • Quote
  • Jan 17, 2018 2:00pm Jan 17, 2018 2:00pm
  •  Tydo
  • | Joined Jun 2017 | Status: Member | 49 Posts
Quoting HockMan
Disliked
Gbp is up and euro as well. Lost almost usd 1 mil. Dont know why gbp shoot up. Life saving gone!
Ignored
So sorry.
 
1
  • Post #9,540
  • Quote
  • Jan 17, 2018 2:06pm Jan 17, 2018 2:06pm
  •  HiddenGap
  • Joined Aug 2009 | Status: Reading the tape | 2,324 Posts
Quoting KingOSwing
Disliked
{quote} You are right, sir. Cannot agree more.
Ignored

Thank you my friend.

And so ends another round of " You think it's a shot-I take it as a compliment".
Wyckoff VSA: (1) Supply vs Demand (2) Effort vs Result (3) Cause vs Effect
 
 
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