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EURUSD only

  • #21,521
  • May 11, 2018 8:48am May 11, 2018 8:48am
Short at 57, SL at 71, open tgt
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,522
  • May 11, 2018 8:49am May 11, 2018 8:49am
Quoting shebalik
I have a pending sell order at 1.1930. SL 1.1955. TP 1.1830 I think we need to retest at least 1.1830 before a trend change if any.
Got stopped. -25 pips. Will wait for a better opportunity. Still holding the 1.2x shorts though.
Position Trader
  • #21,523
  • May 11, 2018 8:53am May 11, 2018 8:53am
Quoting Maxjoy
{quote} I do know...but dont see it...do you know how to post JPGs of your graphics?
Here is what you asked for. Do you see it on your 5 min chart?
Attached Image
Don't wait for the wind, take to the oars.
  • #21,524
  • May 11, 2018 8:54am May 11, 2018 8:54am
Quoting Maxjoy
Short at 57, SL at 71, open tgt
Why trade against the trend...
  • #21,525
  • May 11, 2018 8:55am May 11, 2018 8:55am
Quoting Pleiadian
{quote} Here is what you asked for {image}
Well...that's not C&H...this is -

U R calling the break and retrace a HANDLE
Attached Image
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,526
  • May 11, 2018 8:58am May 11, 2018 8:58am
Quoting Starcraftmaz
{quote} Why trade against the trend...
every trend ends, plus every counter-trend is trade-able. Plus risk-reward is better...
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,527
  • May 11, 2018 9:00am May 11, 2018 9:00am
Quoting Maxjoy
{quote} Well...that's not C&H...this is - {image}
You need to visit Specsave it is the same setup, and I am in profit !
Don't wait for the wind, take to the oars.
  • #21,528
  • May 11, 2018 9:05am May 11, 2018 9:05am
Quoting Pleiadian
{quote} You need to visit Specsave it is the same setup, and I am in profit !
I am very happy for your profit, the term is incorrect, not your position
its a saucer pattern with a break and re-test.
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,529
  • May 11, 2018 9:07am May 11, 2018 9:07am
next week ... with that pin bar .... yeah who know
  • #21,530
  • May 11, 2018 9:10am May 11, 2018 9:10am
Quoting FloatingCha
next week ... with that pin bar .... yeah who know
Yep, I hope on a re-trace back to 1.2220 for a big short landslide
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,531
  • May 11, 2018 9:12am May 11, 2018 9:12am
Quoting Maxjoy
{quote} I am very happy for your profit, the term is incorrect, not your position its a saucer pattern with a break and re-test.
But whatever the setup you were looking at the chart and you did not recognise the setup and you don't seem to have profited from it. A missed opportunity! I did post an alert. I wonder how many others took a position.
Don't wait for the wind, take to the oars.
  • #21,532
  • May 11, 2018 9:14am May 11, 2018 9:14am
Quoting Pleiadian
{quote} But whatever the setup you were looking the chart and you did not recognise the setup and you don't seem to have profited from it. A missed opportunity! I did post an alert. I wonder how many others took a position.
I only failed to recognize that you think this is a pissing competition...
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  • #21,533
  • May 11, 2018 9:16am May 11, 2018 9:16am
Quoting Maxjoy
{quote} Well...that's not C&H...this is - U R calling the break and retrace a HANDLE {image}
Oh god, cups and handles
Don't make me draw the "immortal fat elephant pattern" again

Just kidding.
I do know a guy who trades the phases of Saturn, or some shit like this.
It doesn't get any more weird
you are not expected to understand this
  • #21,534
  • May 11, 2018 9:21am May 11, 2018 9:21am
Quoting Maxjoy
{quote} Yep, I hope on a re-trace back to 1.2220 for a big short landslide
see you at 1.22 we will reach that price
  • #21,535
  • May 11, 2018 9:25am May 11, 2018 9:25am
Quoting Maxjoy
{quote} I only failed to recognize that you think this is a pissing competition...
Oh dear, someone is having a sense of humour failure!
Don't wait for the wind, take to the oars.
  • #21,536
  • May 11, 2018 9:29am May 11, 2018 9:29am
Quoting Starcraftmaz
{quote} Why trade against the trend...
Here why - SL=BE, free trade and a great reward opportunity
Attached Image (click to enlarge)
Click to Enlarge Name: 0.jpg Size: 100 KB
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  • #21,537
  • May 11, 2018 9:29am May 11, 2018 9:29am
As long as hourly RSI(14) is below 70 there is no bull trend yet. I will watch that closely.
Position Trader
  • #21,538
  • May 11, 2018 9:34am May 11, 2018 9:34am
Hi Guys, my trades from yesterday and the day before still holding up. Currently New york session (Blue block) still pushing for higher highs. Price at this point in time sitting on yesterdays Ny session High. It is important for this level to hold 1.19467 at the close of trade today to spell intent for the bulls. My week pivot at 1.20011 which acts as a magnet could very well see a final push towards it today.

Have a good weekend....Leon
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_84.png Size: 69 KB
Trade to trade another day
  • #21,539
  • May 11, 2018 9:46am May 11, 2018 9:46am
Quoting newbegger
{quote} Stopped out for loss Was a good run down but looks bad for shorts ATM. I will wait for next short signal as USD not going to weaken, just a breather.
Still watching. I see an inverse H&S on 4 hour chart but I only want to trade short so I will wait. Based on my estimates, I will be looking for first entry short in the 1.2030 area. So maybe middle to end of next week.

Of course I may be wrong and it blows through earlier but I have no orders in as of yet.

Happy Trades To You.
Ecclesiastes 1:9
  • #21,540
  • Edited 10:08am May 11, 2018 9:49am | Edited 10:08am
Quoting Maxjoy
{quote} I do know...but dont see it...do you know how to post JPGs of your graphics?
He was trying to tell you this (check chart below).. hope it helps..

In case this H4 Cup&Handle fails we will have bearish continuation.. I personally see C&H patterns as both a "Reversal" or as a "Continuation" pattern.. In our case if this is a C&H pattern it will shoot price up roughly 120 pips higher..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H4-Outlook.png Size: 30 KB
Focus only on what truly matters!
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