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EURUSD only

  • #12,282
  • Feb 8, 2018 7:12am Feb 8, 2018 7:12am
Buyers ready to fight back..
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  • #12,283
  • Feb 8, 2018 7:14am Feb 8, 2018 7:14am
Quoting FXClarity
{quote} Mental note - don't get on the wrong side of mbrown
I'm honestly attempting to provide constructive posts without conflict but this Gremlin won't get off my back. I could simply ignore but we all have the right to defend ourselves.

Truth is...I really do not care if I take a loss, it is part of the business. I have a boy who is arguing about a couple of longs on a demo account and I've already provided the statement of all trades placed today from the live account which should reconcile (give or take) with calls made today. Bizarre!
  • #12,284
  • Feb 8, 2018 7:16am Feb 8, 2018 7:16am
Quoting okshop
{quote} CLOSE {image}
Open a buy as soon as close my sell now close the buy as to near daily open. Plus dinner time.
Attached Image
Self discipline It is a practice
  • #12,286
  • Feb 8, 2018 7:27am Feb 8, 2018 7:27am
that strong move up looked like a reversal from a point, that hurt, and I'm not long so my losses are mounting, I was short and it turned fast

it just keeps going up now without me while I watch

I'm looking for my error, but maybe my error is attempting to trade fx
big money makes big moves and then hides during small money chasing.
  • #12,287
  • Feb 8, 2018 7:27am Feb 8, 2018 7:27am
Quoting PatienceFx
{quote} how is your health now bro
I went back to gym first time after all surgeries. Everything hurst again overall better now. Thanks brother
  • #12,288
  • Feb 8, 2018 7:27am Feb 8, 2018 7:27am
No drama and soap opera please.. we keep posting around EURUSD

Stay Green
Focus only on what truly matters!
  • #12,289
  • Feb 8, 2018 7:29am Feb 8, 2018 7:29am
I guess I was right after all, it did pass 2230. Good to know! And I think that's the bottom of this week.
  • #12,290
  • Feb 8, 2018 7:32am Feb 8, 2018 7:32am
macd and rsi divergenceon M30 chart. we might go up to 1.2305
MAKE IT RAIN
  • #12,291
  • Feb 8, 2018 7:33am Feb 8, 2018 7:33am
Quoting FXClarity
{quote} We are going under 1.20 no doubt about it but I have a higher probability of going to 1.2314 first and that why I offloaded and am looking to reload shorts from above.
Hmmm...seems you could be right about this one.
  • #12,292
  • Feb 8, 2018 7:34am Feb 8, 2018 7:34am
Quoting corrman
that strong move up looked like a reversal from a point, that hurt, and I'm not long so my losses are mounting, I was short and it turned fast it just keeps going up now without me while I watch I'm looking for my error, but maybe my error is attempting to trade fx
1.220 - 1.223 is a very strong buy area, just need to be aware of these. I actually shorted the spike down thinking 1.22 was coming soon - but made only a handful of pips, as I exited very quickly because the price action didn't look right to me.

Often a reversal is preceded by a fakeout - always remember this.

I also had a long at 1.223 that I stupidly exited very quickly before going to take a shower. Nobody is perfect.
  • #12,293
  • Feb 8, 2018 7:37am Feb 8, 2018 7:37am
Went long at 1.2261, sl now 1.2262, tp 1.231
If get stopped out, will try again as soon as I see a good setup on 5m

I think we are going to get a bit of a relief rally after all the selling of late. Both 1h and 4h look quite good at the moment, so long as momentum continues, it will go up. Could maybe get 1.235 before the end of the week.
  • #12,294
  • Feb 8, 2018 7:39am Feb 8, 2018 7:39am
Quoting Starcraftmaz
{quote} Could get a decent bounce here I think.
you were right

update:
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(Time frame: 5 minutes)
  • #12,295
  • Feb 8, 2018 7:40am Feb 8, 2018 7:40am
Quoting corrman
that strong move up looked like a reversal from a point, that hurt, and I'm not long so my losses are mounting, I was short and it turned fast it just keeps going up now without me while I watch I'm looking for my error, but maybe my error is attempting to trade fx
Wait for retrace in the next hour or so and catch the next leg up... Good luck!! Not an easy day..
Trouble lies in what we believe to know for sure that just ain't so.
  • #12,296
  • Feb 8, 2018 7:41am Feb 8, 2018 7:41am
My T/P got hit last night, I had market bracketed and actually thought it would go UP and I add be adding to shorts. Anyway, went back in shorts at 1.2271. No target yet as I have errands to run, SL above 1.2323.
Ecclesiastes 1:9
  • #12,297
  • Feb 8, 2018 7:41am Feb 8, 2018 7:41am
Quoting PhaseCapital
I was thinking a possible reversal here. {image}
You were thinking right!!! Nice one!
  • #12,298
  • Feb 8, 2018 7:46am Feb 8, 2018 7:46am
I found my stupid error, now I have to work hard to recoup some losses.....again....

remember to zoom out and not miss the forest for the trees, and maybe don't try to trade when trying to recover from a cold, and don't trade like me...
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big money makes big moves and then hides during small money chasing.
  • #12,299
  • Edited 7:58am Feb 8, 2018 7:48am | Edited 7:58am
We are above VWAP... current bias is up. Now some patience for price to retrace or go sideways and then there should be a nice leg up possibly to high of day. I always wait for retracements at least the same time it went up.. (or 1.5-2 times... actually there is some time fib in there I believe). Of course the market is speculating right now on suckers who are afraid to miss the move and get in too quickly...wobble a bit and shake out the weak hands, etc.. One important factor is time... do we have enough time (and participation) for price to make some nice moves. I believe we do because we still have some hours before European session closes and US goes to lunch. Had this move happened 2 hours later I'd probably call it a day.
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Trouble lies in what we believe to know for sure that just ain't so.
  • #12,300
  • Feb 8, 2018 7:52am Feb 8, 2018 7:52am
1.2280 is key for me, buyers have to break through that to keep this going. Till then, bears still good imo.
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