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  • #15,441
  • Mar 6, 2018 1:58am Mar 6, 2018 1:58am
Quoting mihai1986
{quote} i'm just testing a few scalps until it picks up a direction. the i'll decide to buy or to sell
Right answer! ...from an intraday trader.
(if you allow me to say it like this, no patronizing intended)

edit: oupsy, here comes the bullish TL break! ...let's seeee ...1 minute until H1 bar close!
Member
  • #15,442
  • Mar 6, 2018 1:59am Mar 6, 2018 1:59am
Quoting TudorIoan
{quote} Right answer! ...from an intraday trader. (if you allow me to say it like this, no patronizing intended)
i am an intraday trader
MAKE IT RAIN
  • #15,443
  • Mar 6, 2018 2:00am Mar 6, 2018 2:00am
Quoting TudorIoan
{quote} ...seller? What do you think it will happen today around that 2350 top ? 1. bull fatigue and anxiety ahead a busy data week? 2. bear opportunity and a pull back hard from the top?
Well, I’ve been selling into this pair for sometime as you know mate but being totally transparent its getting tedious. I’d prefer it to just drop to target now
  • #15,444
  • Mar 6, 2018 2:01am Mar 6, 2018 2:01am
Quoting mihai1986
{quote} i am an intraday trader
Sure you are!

Quoting FXClarity
{quote} Well, I’ve been selling into this pair for sometime as you know mate but being totally transparent its getting tedious. I’d prefer it to just drop to target now
It almost will. Look, it's going down, mate!
Member
  • #15,445
  • Mar 6, 2018 2:01am Mar 6, 2018 2:01am
Quoting MoneyFocus
We at ~1.2350 again
seller ?
onorebate
  • #15,446
  • Mar 6, 2018 2:02am Mar 6, 2018 2:02am
Quoting TudorIoan
{quote} Sure you are! {quote} It almost will. Look, it's going down, mate!
yes it is
we'll look for a bottom to buy 1.2315 then further down 1.2285 FIB RET levels on H4
on H1 is breaking down that bullish channel
on M30 just about to break down a pitchfork
MAKE IT RAIN
  • #15,447
  • Mar 6, 2018 2:02am Mar 6, 2018 2:02am
Quoting TudorIoan
{quote} Sure you are! {quote} It almost will. Look, it's going down, mate!
Ive enjoyed healthy return scaling in and out of it over the past few weeks but until target is hit..I’ll want the loot
  • #15,448
  • Mar 6, 2018 2:03am Mar 6, 2018 2:03am
1.2330 area again.. :O
  • #15,449
  • Mar 6, 2018 2:06am Mar 6, 2018 2:06am
Quoting putrimawarfx
{quote} seller ?
IMO this is the fiercest battle zone between bulls and bears...we are seeing bounces...

Bears need to pull this down under 1.2330 and stay there for them to have a case IMO.
  • #15,450
  • Mar 6, 2018 2:07am Mar 6, 2018 2:07am
Quoting MoneyFocus
{quote} IMO this is the fiercest battle zone between bulls and bears...we are seeing bounces...

okay let it go until New York session
onorebate
  • #15,451
  • Mar 6, 2018 2:08am Mar 6, 2018 2:08am
Quoting MoneyFocus
{quote} IMO this is the fiercest battle zone between bulls and bears...we are seeing bounces... Bears need to pull this down under 1.2330 and stay there for them to have a case IMO.
if it breaks down, it migyt drop fast. but is a strong support here
MAKE IT RAIN
  • #15,452
  • Mar 6, 2018 2:09am Mar 6, 2018 2:09am
Quoting matkooooo
Hi all, I see strong bearish signs for today. 3x SELL: 1.2347 , SL: 26pips , TP1: 36pips TP2: 110pips TP3: 257pips will manage this trade during the day. good luck to all {image}
strong Bull reaction on open price on M5, waiting for reaction .
  • #15,453
  • Mar 6, 2018 2:17am Mar 6, 2018 2:17am
Quoting mihai1986
{quote} if it breaks down, it migyt drop fast. but is a strong support here
Sh!t ! Fake break just enough to lure me to open a tiny sell at 2300 support ...wrong trade! LOL
Member
  • #15,454
  • Mar 6, 2018 2:18am Mar 6, 2018 2:18am
Quoting TudorIoan
{quote} Sh!t ! Fake break just enough to lure me to open a tiny sell at 2300 support ...wrong trade! LOL
Too early to decide anything IMO....Bears could still win..
  • #15,455
  • Mar 6, 2018 2:21am Mar 6, 2018 2:21am
Quoting MoneyFocus
{quote} Too early to decide anything IMO....Bears could still win..
You're right. I'll let it run up to 2360 ...won't add unless I see a strong move in a certain direction
Member
  • #15,456
  • Mar 6, 2018 3:01am Mar 6, 2018 3:01am
yawnss...
  • #15,457
  • Mar 6, 2018 3:03am Mar 6, 2018 3:03am
Quoting MoneyFocus
yawnss...
i know, falling asleep here
MAKE IT RAIN
  • #15,458
  • Mar 6, 2018 3:06am Mar 6, 2018 3:06am
Quoting MoneyFocus
yawnss...
Quoting mihai1986
{quote} i know, falling asleep here
And no Calendar red news to fuel the sleepy market...
Hey, Trump, May... say something stupid!
Member
  • #15,459
  • Mar 6, 2018 3:07am Mar 6, 2018 3:07am
So, Here we are on the H1.

Personally, short (but then that's no surprise to regular readers of this thread).

On Sunday I posted that Chop and Slop would likely be the way forward for a while and that's pretty much panned out as we sit here under the stop hunting zone for last week's sellers.

Many would short here with a tight stop (fair enough) - I 've added shorts at 1.2360 (complimenting shorts in play already above 1.25) but expect this to punch a little higher yet (its fine by me if it doesn't)..

Call me a cynic but if large sellers are looking for liquidity (i.e.. 'Buy orders') what would you do..perhaps send it up 20 - 40 pips above 1.2363 so recent sellers get stopped out? (i.e to close a sell trade..the seller must 'buy')...
Attached Image (click to enlarge)
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  • #15,460
  • Mar 6, 2018 3:15am Mar 6, 2018 3:15am
Quoting mihai1986
{quote} i know, falling asleep here
You could put in a sell order and take profit at 1.1910-1.1915 because it will get there...Then trade another pair or go do something else?

Watching and willing it to move is a futile exercise (I know - I used to sit screen watching 12 hours a day or more...You can be far more profitable having some distance and become more objective when you put in some distance).

I'm off to walk the dogs now. I have alerts set above..until price hits that alert there is nothing to do - so there is no point sitting here doing nothing is there and life is to short to sit just staring at a graph
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