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  • #15,201
  • Mar 2, 2018 9:07am Mar 2, 2018 9:07am
Quoting kuroro001
{quote} Closed longs ? You kept talking yesterday and today about shorts....suddenly you are long ?
I was talking about buying since this morning.. I am not a stone block that stays the same for days, years.. We react to changing conditions aren't we? Why is that so surprising anyway?

Stay Green
Focus only on what truly matters!
  • #15,202
  • Mar 2, 2018 9:07am Mar 2, 2018 9:07am
Throw up a 60min chart..where are the stops - 1.2360 area..Where do you think its headed?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.proH1.png Size: 75 KB
  • #15,203
  • Mar 2, 2018 9:08am Mar 2, 2018 9:08am
Ok, 854, last call.

Or a new impulse wave.
What's that smell? ---- I smell money!
  • #15,204
  • Mar 2, 2018 9:11am Mar 2, 2018 9:11am
low volume at BO....resistance is gone. 60-70% is perfect.
Attached Image
Trouble lies in what we believe to know for sure that just ain't so.
  • #15,205
  • Mar 2, 2018 9:22am Mar 2, 2018 9:22am
Quoting Ata-Turkoglu
{quote} I was talking about buying since this morning.. I am not a stone block that stays the same for days, years.. We react to changing conditions aren't we? Why is that so surprising anyway? Stay Green
longs all morning ? i doubt, but If you say so...

Good week end
COT: The precious data ignored
  • #15,206
  • Mar 2, 2018 9:27am Mar 2, 2018 9:27am
I closed all shorts, no need to suffer
  • #15,207
  • Mar 2, 2018 9:39am Mar 2, 2018 9:39am
Sharing the chart below AGAIN as a reminder for some fish heads..

I shared this several times in the past weeks mentioning again and again and again that I am bullish long term.. but I also added that price might go to retest 1.2120 area first (wave 4 of wave 5 situation).. and it did.. so.. allow me to talk bearish here and there when I explicitly state that my overall bias is bullish until wave 5 is complete.. not difficult to grasp for majority.. but for some with fish memory or an ugly heart my posts are somehow "doubtful"...

Anyways.. those who know me know what I am talking about..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-D-ElliottWave.png Size: 38 KB
Focus only on what truly matters!
  • #15,208
  • Mar 2, 2018 9:44am Mar 2, 2018 9:44am
Quoting ivob
{quote} >Price breaks resistance by few pips, high volume is pushing it down again and volume is decreasing. >Does price keep going down from then on? Anything can happen at anytime, period. So the answer is no...There are no rules. Nothing is guaranteed. It's a sequence, one thing leads to another... the next step is price to breakout of the bar for instance. Price likes volume. The market likes volume. That's what it does, generating trades, looking for volume. Price stays where volume is and when it doesn't something is going on. We want price...
Ivob,

Thank you so much for taking the time in giving a well laid out explanation...
  • #15,209
  • Mar 2, 2018 9:45am Mar 2, 2018 9:45am
Quoting digger1
{quote} It got to rolling up ,,,,,,1st tgt was reached ,it has just tested last weeks low ,,,lets see if it can get this weeks open and maybe by days end pull off the trifecta by reaching weekly pivot ,,,,,,trade safe all {image}
Trifecta accomplished ,,wrap for the week for me ,,good way to finish the week ,,,,,,,,,whether 5 min chart ,,hourly ,,yadya, yadya ,, Never forget to check your daily levels,,,when you play the right levels they hold or fold are retested and price moves on,thats what mkts do ,,,,,TGIF,,,, ,cheers all .
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 312 KB
  • #15,210
  • Mar 2, 2018 9:58am Mar 2, 2018 9:58am
Expecting a fall from 2311 level ..
All for scalping
  • #15,211
  • Mar 2, 2018 10:00am Mar 2, 2018 10:00am
pinbar on H1, on highest volume today, time to turn, target is on south. re-entering short, SL above pinbar
  • #15,212
  • Mar 2, 2018 10:02am Mar 2, 2018 10:02am
EURUSD has reached the 1.2165 18th January low and directly below here lies the 1.2077 2017-2018 uptrend and the 1.2092 September high. As a precaution I have exited my short positions. I am not surprised to see this hold the initial test (I do not have strong enough sell signals to suggests a break is imminent). It should be noted that I maintain an overall negative bias following the recent divergence of the weekly RSI, but suspect that I will see a rebound from the 1.2092/77 region first.
  • #15,213
  • Mar 2, 2018 10:19am Mar 2, 2018 10:19am
Quoting JohannB
My last analysis {image} {image}
Johann, don't you think your bc leg should have 5 waves down of lesser degree?
Always trade your own plan...I don't provide trading signals.
  • #15,214
  • Mar 2, 2018 10:22am Mar 2, 2018 10:22am
Quoting Montrealer
Made today only 10 pips. But it worths 100 Crazy day - hard to trade, but still green Next EU's target - 1.2285, if taken it will come to 1.233x is a serious pullback/resistance and a MUST SHORT. Be positive! Many pips to all.
EU went as said above some 14 hours early. I hope everyone shorted. Green pips to all!
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #15,215
  • Mar 2, 2018 10:59am Mar 2, 2018 10:59am
The thing with this thread is people post there predictions and that’s all well and fine, but because some change there bias people throw digs, fact is people get things wrong I was long and said how there be a rally by Friday to 1.26 granted there was a rally today but that wasn’t what I was looking for I was wrong move on.
  • #15,216
  • Mar 2, 2018 11:00am Mar 2, 2018 11:00am
Quoting Leesi
Expecting a fall from 2311 level .. All for scalping
May work out all rite this time its friday ,,profit taking day for a lot of folks and momentum dieing off ,,,,,,,,,but if scalping,,, a previous high in a little range like this may work out better,,,at the moment you would at least be around break even ,it has been an up day so far ,into some decent levels on daily chart but give your self a fighting chance ,,, the last 2 shts you mentioned price popped before you could get it posted hardly ,,,,,,,,,,,from where ? A rough 4 hour price average . Real easy to scalp yourself out of a lot of money because of expectation ,, the mkt has an uncanny way of reaching levels from a daily chart,,,,,,,,,let the mkt tell you ,,,,,,,my 2 cents worth ,,,nothing but a little advice ,,,,,,,,no more no less ,,,,wish you and all the best
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 522 KB
  • #15,217
  • Mar 2, 2018 11:07am Mar 2, 2018 11:07am
Quoting Neil0163
The thing with this thread is people post there predictions and that’s all well and fine, but because some change there bias people throw digs, fact is people get things wrong I was long and said how there be a rally by Friday to 1.26 granted there was a rally today but that wasn’t what I was looking for I was wrong move on.
Dont let it bother you man ,,,,,mkts are fluid always changing,,,,, ,fact of the matter is it moves a whole lot slower than what it seems ,,,,,,,,,,nobodys ever right 100% of the time ,,,,,you average 15 pips a day you have equaled or maybe exceed this rise in the eur since it started ,,,not such a daunting task really ,you do just fine
  • #15,218
  • Mar 2, 2018 11:26am Mar 2, 2018 11:26am
Quoting digger1
{quote} Trifecta accomplished ,,wrap for the week for me ,,good way to finish the week ,,,,,,,,,whether 5 min chart ,,hourly ,,yadya, yadya ,, Never forget to check your daily levels,,,when you play the right levels they hold or fold are retested and price moves on,thats what mkts do ,,,,,TGIF,,,, ,cheers all . {image}
Dang this looks so good, nice analysis! Had to be somewhere, totally messed up the idea of this day. Wouldn't have traded like u but still...could have done better!
  • #15,219
  • Mar 2, 2018 11:26am Mar 2, 2018 11:26am
Quoting Neil0163
The thing with this thread is people post there predictions and that’s all well and fine, but because some change there bias people throw digs, fact is people get things wrong I was long and said how there be a rally by Friday to 1.26 granted there was a rally today but that wasn’t what I was looking for I was wrong move on.
1.26 in one day? LOL. What we saw today you can interpret as a pullback on daily chart. We must made a double bottom or continue to descend before any rise.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #15,220
  • Mar 2, 2018 11:26am Mar 2, 2018 11:26am
Quoting matkooooo
pinbar on H1, on highest volume today, time to turn, target is on south. re-entering short, SL above pinbar
It goes...but slowwwwwwww
Trouble lies in what we believe to know for sure that just ain't so.
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