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  • #13,061
  • Edited 10:18am Feb 14, 2018 10:00am | Edited 10:18am
The clue was the (single) exhaustion bar, followed by sym pennant of the opposite color AND higher volume than the previous. That's a reverse sign.

Anyway, I've been very lucky today....almost blew it...reversed short to long with a littlebit too much risk but worked out fine... out now.. lucky.

Ivo
Attached Image
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,062
  • Feb 14, 2018 10:02am Feb 14, 2018 10:02am
Quoting greengp
forex always test for the third test the ground 1.25 area and if it is good it will go beyond
give me money for all of u went long 1.25 is the retest
  • #13,063
  • Feb 14, 2018 10:03am Feb 14, 2018 10:03am
Market always got its own opinion against ours. Take what you can and wait for another entry opportunity!
  • #13,064
  • Feb 14, 2018 10:04am Feb 14, 2018 10:04am
Quoting mbrown
System still indicating more upside. 15:50: System still indicating more upside. 15:55: System still indicating more upside. 16:00: System still indicating more upside.
2430 possible ,,, got my 2410 so im out ,,,,,,,,,,,will see where the day closes
  • #13,065
  • Feb 14, 2018 10:06am Feb 14, 2018 10:06am
Quoting pridolfx
From where comes this hard up move now,what happend??
It's buyers and sellers doing business at higher and higher prices.
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,066
  • Feb 14, 2018 10:06am Feb 14, 2018 10:06am
Quoting denisius
Market always got its own opinion against ours. Take what you can and wait for another entry opportunity!
not true see the big picture
  • #13,067
  • Edited 10:36am Feb 14, 2018 10:11am | Edited 10:36am
Quoting digger1
{quote}2430 possible ,,, got my 2410 so im out ,,,,,,,,,,,will see where the day closes
I'm just laughing at myself. I was too busy building a XAUUSD system to update the EURUSD so missed the lot. To the world shitest system driver!!!


Anyway, keep in mind anyone who cares to read: 85% probability of an EOD close below 2391


16:10: System still indicating more upside. Just reporting, it could be wrong.
16:15: System still indicating hold. Which is hold existing longs, don't add anymore.
16:30: System indicating more upside.
16:35: System indicating more upside.
  • #13,068
  • Feb 14, 2018 10:12am Feb 14, 2018 10:12am
This was a very gooooooooooood day. faster then usualy but is ok i love it.
  • #13,069
  • Feb 14, 2018 10:16am Feb 14, 2018 10:16am
Quoting mbrown
{quote} I'm just laughing at myself. I was too busy building a XAUUSD system to update the EURUSD so missed the lot. To the world shitest system driver!!! Anyway, keep in mind anyone who cares to read: 85% probability of an EOD close below 2391 16:10: System still indicating more upside. Just reporting, it could be wrong.
Lol,,, sheet happens man
  • #13,070
  • Feb 14, 2018 10:38am Feb 14, 2018 10:38am
before the weekend i posted the charts and said in h 4 there is consolidation for possible down move and when i looked the chart on monday i have noticed the wave to three and indicated in my chart on tuesday that we are in wave 3 and correction is going to happen and now for sure we are on to 1.25 and above

the h 1 chart was super to take the wave therorey
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  • #13,071
  • Feb 14, 2018 10:42am Feb 14, 2018 10:42am
Positioning Possibilities :|

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  • #13,072
  • Feb 14, 2018 10:42am Feb 14, 2018 10:42am
Quoting digger1
{quote}Lol,,, sheet happens man
Yes. I was also concerned about how effectively it would transition from one market regime (ranging) to the next another (trending). It has passed with flying colours although the day between the different market states will produce a couple of small losses which I can live with.


16:40: System indicating hold. Which is hold existing longs, don't add anymore.
16:45: System indicating hold. Which is hold existing longs, don't add anymore. A VERY WEAK HOLD, THE TIDE IS TURNING.
  • #13,073
  • Feb 14, 2018 10:44am Feb 14, 2018 10:44am
Scaling back in the shorts here Digger

Next entry in at 1.2412
Holding Below at 1.2363 (80% of original entry after scaleout earlier)
  • #13,074
  • Feb 14, 2018 10:55am Feb 14, 2018 10:55am
is there anynews for this spike ?
  • #13,075
  • Feb 14, 2018 11:07am Feb 14, 2018 11:07am
new guys

dont hedge

see the chart

dont be greedy

market timing

news

look at h1 chart and draw the line on market closure of japan and UK and drill down to m 15 chart for bull or bear

till trump goes away all news is good news

there is no big news for this week

happy v day
  • #13,076
  • Feb 14, 2018 11:17am Feb 14, 2018 11:17am
Thanks, nice tips.

I've just come over to EU as UJ is just a nightmare this week.

Not played with EU in a long time, (I stick to a single pair). Looks slightly safer and looking for a short term long set up, 2470 as target.

Hope to join in the chat.

Happy Valentines!
I play the trade gamble to feed my Porsche addiction.
  • #13,077
  • Feb 14, 2018 11:30am Feb 14, 2018 11:30am
Quoting mbrown
{quote} ...who cares to read: 85% probability of an EOD close below 2391...

don't know.. I am thinking this..... going up and up slowly whole day long... (and I'm long)

Ivo
Attached Image
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,079
  • Feb 14, 2018 11:38am Feb 14, 2018 11:38am
Quoting mbrown
{quote} Cheers Ivob, it may well do that. The 85% thing is always worth keeping in the back of the mind in case price extends to 2451 which is my sell offer. The price often reverses quite quickly from the sell offer since the year 2000.
Sure.. it can..yes.. I look at different things, it's not a system but totally subjective... next support... moves during the day, time of day, market structure (how does price move)... We've been surprised by quick moves (and we have been conditioned by them) so now market has to do something else to suck people in. For sure volatility decreases at this time of day but I see no change in direction. Price has spend time at this pricelevel so there is acceptance. If it keeps on going up it has to move like this (gradually).

Anyway, anything is possible :-)
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,080
  • Feb 14, 2018 11:39am Feb 14, 2018 11:39am
Wow, what a move north at 3pm GMT. I was in town with no open trades ( scalping most of the time ). This event justifies again that I am at my computer while trading.
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