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  • #21,541
  • May 11, 2018 9:58am May 11, 2018 9:58am
Quoting Ata-Turkoglu
{quote} He was trying to tell you this (check chart below).. hope it helps.. Stay Green {image}
yes, but what we have on M5 is not C&H, thats why I asked where he sees it...
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  • #21,542
  • May 11, 2018 10:23am May 11, 2018 10:23am
10 pips locked, hope it runs down, down, down down...
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  • #21,543
  • May 11, 2018 10:29am May 11, 2018 10:29am
Quick M30 Outlook

I expect sideways PA from now on until close of week.. only quick scalpers will work I guess..

Stay Green
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Focus only on what truly matters!
  • #21,544
  • May 11, 2018 10:34am May 11, 2018 10:34am
Quoting Ata-Turkoglu
Quick M30 Outlook I expect sideways PA from now on until close of week.. only quick scalpers will work I guess.. Stay Green {image}
what you think for the week closing like this? any thoughts on next week?
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  • #21,545
  • May 11, 2018 10:44am May 11, 2018 10:44am
Quoting Maxjoy
{quote} what you think for the week closing like this? any thoughts on next week? {image}
Haven't studied the weekly yet.. instead I check the monthly from time to time and it says since we dropped below 1.2110 we are inside a monthly buy zone.. for now, as long as 1.1880 holds we might look for buy opportunities with each dip.. (extreme lows to be retested sit at 1.1765 area)

Stay Green
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Focus only on what truly matters!
  • #21,546
  • May 11, 2018 10:57am May 11, 2018 10:57am
It needs to close above 1.196 today to show strength

then 1.20 and 1.205 are possible targets

if not, then it is going back down to 1.191, 1.188, 1.185, and 1.18 next week
Don't Worry Be Happy
  • #21,547
  • May 11, 2018 11:02am May 11, 2018 11:02am
Quoting MrPresident
It needs to close above 1.196 today to show strength then 1.20 and 1.205 are possible targets if not, then it is going back down to 1.191, 1.188, 1.185, and 1.18 next week
You can't be the president of the United States.. his words would never make so much sense .. which country's president are you? Reveal yourself lol

Stay Green
Focus only on what truly matters!
  • #21,548
  • May 11, 2018 11:44am May 11, 2018 11:44am
Quick H4 Outlook

This is my last post for this week... and it is about the H4 bullish, corrective channel we are in..

  1. In about 15 minutes the last H4 candle for this week will open and markets will close before it completes.
  2. If you check the chart we can already guess that 1.1956 will become crucial support. Or.... if new candle opens below it, it will become resistance.. So keep watching the last candle open price before you do anything inside the last hours of this week..
  3. If bulls would surprisingly kick in and boost price up, the highest it could go is 1.1994 since it is the upper edge of bullish channel (blue). Of course not gonna happen today in terms of statistics.
  4. Overall, bears need a breakout from this ascending channel.

Hope it clarifies some blurry minds out there..

Stay Green and Happy Weekends

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  • #21,549
  • May 11, 2018 11:55am May 11, 2018 11:55am
EURUSD stops in size above 1.2000.
  • #21,550
  • May 11, 2018 12:00pm May 11, 2018 12:00pm
spot on man
  • #21,551
  • May 11, 2018 12:06pm May 11, 2018 12:06pm
Quoting Windstrown
spot on man
My broker's H4 candle opened at 1.1958.. meaning: 1.1956 is support now.. and H1 200 EMA sits at 1.1950.. so we have actually a 6 pips thick support zone..

Stay Green
Focus only on what truly matters!
  • #21,552
  • May 11, 2018 12:23pm May 11, 2018 12:23pm
Quoting Ata-Turkoglu
{quote} My broker's H4 candle opened at 1.1958.. meaning: 1.1956 is support now.. and H1 200 EMA sits at 1.1950.. so we have actually a 6 pips thick support zone.. Stay Green
hmmmm...my H4 candle opened at 12pm NY time at 1.1950
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  • #21,553
  • May 11, 2018 12:27pm May 11, 2018 12:27pm
One more Sell from the top w/SL tight 5 pips
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  • #21,554
  • May 11, 2018 12:46pm May 11, 2018 12:46pm
EUR up
Market Player
  • #21,555
  • Edited 1:11pm May 11, 2018 12:48pm | Edited 1:11pm
Quoting Maxjoy
hmmmm...my H4 candle opened at 12pm NY time at 1.1950
Then my friend, that 8 pips of difference between brokers can change a lot of decision making throughout thousands of traders. I wonder which opening price big banks are seeing. Those tiny differences often might not play an important role but as you can see for our H4 example, based on my chart you would try to sell since your candle opened below the price I was talking about.. and I would try to buy because my candle opened above it.. you would be the lucky one just selling as soon as you see the candle opening below that level. I would be the unlucky one buying.

That's why "life" isn't fair sometimes even if you trade according to plan or your most precise calculations. The rest of the world looks at something different and boom you are wasted.

I wish that one day all brokers, banks, computers are fed from the same source and seeing the exact same values. Only then we can trust price. Otherwise winning will be always tougher than losing against these big banks. My humble thoughts.

Stay Green
Focus only on what truly matters!
  • #21,556
  • May 11, 2018 12:57pm May 11, 2018 12:57pm
[quote=Ata-Turkoglu;11051627]{quote} Then my friend, that 8 pips of difference between brokers can change a lot of decision making throughout thousands of traders...

I would say is the TIME ZONE we are set to...my H4 candle opened 12pm ET, yours at 1pm. otherwise looking at H1, 1pm ET opened exactly where you mentioned - 1958
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  • #21,557
  • May 11, 2018 1:06pm May 11, 2018 1:06pm
Quoting Maxjoy
I would say is the TIME ZONE we are set to...my H4 candle opened 12pm ET, yours at 1pm. otherwise looking at H1, 1pm ET opened exactly where you mentioned - 1958
Ok gotcha.. then no problem.. price should not vary more than 1 or 2 pips all around the world.. that's very important.. thanks for clarifying..

Happy Weekends All
Focus only on what truly matters!
  • #21,558
  • May 11, 2018 1:14pm May 11, 2018 1:14pm
looks good from here - should go at least to 1930...before closing bell
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  • #21,559
  • May 11, 2018 1:25pm May 11, 2018 1:25pm
Start your weekend off right by sprinting into the woods with no intention of returning
Market Player
  • #21,560
  • May 11, 2018 2:40pm May 11, 2018 2:40pm
Hello traders.Hope you will have a nice weekend all.Great opportunity sell EURUSD 1,1948 as this will continue in down trend.
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