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  • #11,881
  • Feb 6, 2018 8:47am Feb 6, 2018 8:47am
Quoting Ata-Turkoglu
{quote} Thanks.. always remember "expanding triangles or channels" Stay Green
Thank you Ata. What timeframes do you use to make your trades? 1 HR and 4 HR?
  • #11,882
  • Feb 6, 2018 8:48am Feb 6, 2018 8:48am
Anybody watching the JOLTS news coming out at 9 am? Will that send the Euro back down?
  • #11,883
  • Feb 6, 2018 8:51am Feb 6, 2018 8:51am
H1 MACD already shows signs of divergence.. I will watch bears getting exhausted until 1.2320 area and then will try to buy again if I see bull power on smallest timeframes...

Stay Green
Focus only on what truly matters!
  • #11,884
  • Feb 6, 2018 8:52am Feb 6, 2018 8:52am
Quoting Jimtrade
{quote} Thank you Ata. What timeframes do you use to make your trades? 1 HR and 4 HR?
I walk down from Daily to H4 then to H1.. and enter based on M15 or rarely M5..

But mostly M15 and H1 is open in front of me..

Stay Green
Focus only on what truly matters!
  • #11,885
  • Feb 6, 2018 8:54am Feb 6, 2018 8:54am
Quoting Traderview
sold 1.2353
TP hit @1.2327 solid 20+ pips with 2 lots. this was my first trade of the day
  • #11,886
  • Feb 6, 2018 9:05am Feb 6, 2018 9:05am
still on wave 4 of this swing it looks like, expect one more burst downward i think
  • #11,887
  • Feb 6, 2018 9:05am Feb 6, 2018 9:05am
looking for a retest of 1.24 up to 1.243 then back down, having a new low on 4hr, but bears are weak right now so going back up is more likely in my opinion.

Keep it green
  • #11,888
  • Feb 6, 2018 9:06am Feb 6, 2018 9:06am
could be truncated 5th though, which is typical at reversal points
  • #11,889
  • Feb 6, 2018 9:12am Feb 6, 2018 9:12am
Quoting TudorIoan
Nice channels! It's hard to refrain from trading. But no more from me. {image}
I gotta admit, you've peaked my curiosity as to why after pointing out what you feel is a trade back upwards, why you wouldn't take it?
  • #11,890
  • Feb 6, 2018 9:14am Feb 6, 2018 9:14am
Hello Friends.
Worked all night. Netted 69 pips. Set up a Buy Stop while I sleep. This sound reasonable considering this pair has forgotten to take its Bi-Polar meds is some weeks now??.lol

In@ 2368
TP@ 2400
SL@ 2354
Zip
  • #11,891
  • Feb 6, 2018 9:16am Feb 6, 2018 9:16am
Quoting corrman
i had to take one off there on that break over the pivot of 2345, I feel a little silly but I only have 1 lot left. Does anyone else keep an eye on U/J & E/J for their E/U trades?
Don't ever feel silly about missing a trade. It's part of the game. Take an indifferent attitude to the market, just like playing a game. The desire to make money, ironically, is a silent account killer.
Ecclesiastes 1:9
  • #11,892
  • Feb 6, 2018 9:25am Feb 6, 2018 9:25am
there we go, last wave 5 before a major move upwards, getting bought up on daily fib extension of 138.2
  • #11,893
  • Feb 6, 2018 9:26am Feb 6, 2018 9:26am
this is also the end of the ABC zig-zag we've been in for the last two weeks, could be the beginning of large bull trend again :o
  • #11,894
  • Feb 6, 2018 9:34am Feb 6, 2018 9:34am
looking to buy for 1.2300 which is monthly 61.8 fib
  • #11,895
  • Feb 6, 2018 9:35am Feb 6, 2018 9:35am
Quoting cloudypips
this is also the end of the ABC zig-zag we've been in for the last two weeks, could be the beginning of large bull trend again :o
...Well it could be but I very, very much doubt it..a bounce possibly
  • #11,896
  • Feb 6, 2018 9:37am Feb 6, 2018 9:37am
by large i mean 3-400 pips or so (scalper here) lol
  • #11,897
  • Feb 6, 2018 9:57am Feb 6, 2018 9:57am
Quoting cloudypips
by large i mean 3-400 pips or so (scalper here) lol
Lol - Digger once described every trade as a 'Crab shoot' - which it is.

No one can know for sure what will happen next - we are all speculators and the edge we apply relates primarily to risk management; because that is the only thing we actually do have control over.
  • #11,898
  • Feb 6, 2018 9:57am Feb 6, 2018 9:57am
Quoting Ata-Turkoglu
{quote} I walk down from Daily to H4 then to H1.. and enter based on M15 or rarely M5.. But mostly M15 and H1 is open in front of me.. Stay Green
Thank you Ata, very helpful.
  • #11,899
  • Feb 6, 2018 10:00am Feb 6, 2018 10:00am
Wow that buying has made a decent looking bullish 1h chart, tempted to go long here but I'm about to hit the hay.
  • #11,900
  • Feb 6, 2018 10:01am Feb 6, 2018 10:01am
Quoting FXClarity
{quote} Lol - Digger once described every trade as a 'Crab shoot' - which it is. No one can know for sure what will happen next - we are all speculators and the edge we apply relates primarily to risk management; because that is the only thing we actually do have control over.
agree 100%
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