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EURUSD only

  • #12,641
  • Feb 12, 2018 9:26am Feb 12, 2018 9:26am
BANZAIIIIII....
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  • #12,642
  • Feb 12, 2018 9:29am Feb 12, 2018 9:29am
USD getting strong against AUD, EUR, and CAD, at least for now.
  • #12,643
  • Feb 12, 2018 9:33am Feb 12, 2018 9:33am
Quoting meugampong
BANZAIIIIII.... {image}

BANZAIIIIII!!!!!!!

15:44: stopped out but made a pip or two.

There's not many directional clues, I'm done! Models are in favour of a strong down move but above 2258 which suggests an up move. mixed.
Attached Image (click to enlarge)
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  • #12,644
  • Feb 12, 2018 9:54am Feb 12, 2018 9:54am
Quoting Ata-Turkoglu
Still on sidelines.. choppiness continues.. (not shifted to bullish yet.. 1.2275 is key for bulls) Stay Green
Euro is now strong, heading towards Ata's 1.2275
  • #12,645
  • Feb 12, 2018 9:58am Feb 12, 2018 9:58am
Quoting mbrown
{quote} BANZAIIIIII!!!!!!! 15:44: stopped out but made a pip or two. There's not many directional clues, I'm done! Models are in favour of a strong down move but above 2258 which suggests an up move. mixed. {image}
sl hit.. LOL...
  • #12,646
  • Feb 12, 2018 9:59am Feb 12, 2018 9:59am
Quoting Jimtrade
{quote} Euro is now strong, heading towards Ata's 1.2275
Still just sidelines.. choppiness.. everything is still in the range between 1.2295 and 1.2260 roughly.. no clear direction on smaller timeframes yet..

Stay Green
Focus only on what truly matters!
  • #12,647
  • Feb 12, 2018 10:00am Feb 12, 2018 10:00am
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THE CHANNELER
  • #12,648
  • Feb 12, 2018 10:03am Feb 12, 2018 10:03am
That strength was short-lived.
  • #12,649
  • Feb 12, 2018 10:05am Feb 12, 2018 10:05am
Quoting Traderview
{quote} The strong push i meant was to cross below 1.2240. Between 1.2240 - 1.2200, i think, it's a very tough area. There will be some significant battle between the bears and the bulls. Lets see.
Now the bears are pushing EUR/USD down. Good call Traderview.
  • #12,650
  • Feb 12, 2018 10:11am Feb 12, 2018 10:11am
May need 2260 before 2307.
Attached Image (click to enlarge)
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  • #12,651
  • Feb 12, 2018 10:15am Feb 12, 2018 10:15am
My overall bias is bearish based on H4.. and therefore we need some time until bulls are done testing 1.2288 area.. my limit high before it goes full down would be 1.2315 area..

Stay Green
Focus only on what truly matters!
  • #12,652
  • Feb 12, 2018 10:17am Feb 12, 2018 10:17am
Quoting Ata-Turkoglu
{quote} Still just sidelines.. choppiness.. everything is still in the range between 1.2295 and 1.2260 roughly.. no clear direction on smaller timeframes yet.. Stay Green
ATA this range is driving me nuts. I m so in pain since last week.worst week ever and this week is not starting good either.
When you see it, BET big.
  • #12,653
  • Feb 12, 2018 10:18am Feb 12, 2018 10:18am
UPDATE - we continue in daily range... WE ARE ALREADY IN long MODE
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 50 KB
Trendlines H1,H4, SMC
  • #12,654
  • Feb 12, 2018 10:26am Feb 12, 2018 10:26am
Short. 15 SL...will trail and move SL to BE quickly.


SL @ BE + 1

16:35: Stopped +1...ba!!! I should have just taken the 10 pips!
  • #12,655
  • Feb 12, 2018 10:26am Feb 12, 2018 10:26am
MOment of truth. Still didnt close my shorts.

Closed 2 of them and other 2 still running.

Lets see
  • #12,656
  • Feb 12, 2018 10:36am Feb 12, 2018 10:36am
Grid hedge will not work if the market has prolonged choppiness.
I think I might just trade on Wednesday. Skip tomorrow too.
  • #12,657
  • Feb 12, 2018 10:41am Feb 12, 2018 10:41am
Quoting Rennaissance
{quote} ATA this range is driving me nuts. I m so in pain since last week.worst week ever and this week is not starting good either.
Be patient until bulls are done.. again.. no trading here.. sidelines..

Stay Green
Focus only on what truly matters!
  • #12,658
  • Feb 12, 2018 10:44am Feb 12, 2018 10:44am
Very choppy, deceptive, tricky, boring and slow market. Happy to have at least a littlebit of profit, 30 pips or so.
Trouble lies in what we believe to know for sure that just ain't so.
  • #12,659
  • Feb 12, 2018 10:46am Feb 12, 2018 10:46am
On the EURUSD pair’s weekly timeframe (W1), we have a reversal candlestick model in the form of a bearish engulfing pattern

This bearish engulfment is a sign that the euro bulls are running out of steam. So, looking forward, we can say that there’s now a higher likelihood of a correction occurring on the W1 timeframe of the EURUSD pair.
  • #12,660
  • Feb 12, 2018 10:47am Feb 12, 2018 10:47am
Thank you Ata,
Very sound advice. It's very difficult to be patient---FOREX is addictive. FOREX is also evil, but that's for another thread.

Will have to wait until tonight or tomorrow to make a trade.
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