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EURUSD only

  • #21,941
  • May 15, 2018 3:05pm May 15, 2018 3:05pm
1.178 is the next target for bears

bulls need to get over 1.185, 1.188, and 1.191 first
Don't Worry Be Happy
  • #21,942
  • May 15, 2018 3:10pm May 15, 2018 3:10pm
Late night buy, half asleep...Long at .1844, SL 6 pips, TGT Open, but probably limited to .1870/80
Attached Image (click to enlarge)
Click to Enlarge Name: MAXJOY FX.jpg Size: 99 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,943
  • May 15, 2018 5:16pm May 15, 2018 5:16pm
Does this thing have a bottom?? I am LONG @ 1.1820, SL 15 pips.
  • #21,944
  • May 15, 2018 5:17pm May 15, 2018 5:17pm
Quoting Ata-Turkoglu
Just added another sell at: 1.1857 SL: 20 pips TP: Open Stay Green
Sell trade just closed at 1.1827.. +30 pips..

Calling it a day..

Stay Green
Focus only on what truly matters!
  • #21,945
  • May 15, 2018 5:17pm May 15, 2018 5:17pm
Quoting Jimtrade
Does this thing have a bottom?? I am LONG @ 1.1820, SL 15 pips.
no, it can potentially go to 1.15 where it will find a decent bottom

right now, the trend is down with minor bounces
Don't Worry Be Happy
  • #21,946
  • May 15, 2018 5:25pm May 15, 2018 5:25pm
Quoting Jimtrade
Does this thing have a bottom?? I am LONG @ 1.1820, SL 15 pips.
I am watching for a bounce here as well, but doesn't look very good Imo, looks just like capitulation atm.

See what happens when Tokyo opens.
  • #21,947
  • May 15, 2018 5:38pm May 15, 2018 5:38pm
Long 1.1826 sp 26 pips tp open
  • #21,948
  • May 15, 2018 5:48pm May 15, 2018 5:48pm
Not Much in the way of Support below around 1.1820, imho.
  • #21,949
  • May 15, 2018 5:53pm May 15, 2018 5:53pm
Quoting Laditori
Not Much in the way of Support below around 1.1820, imho.
yep, that is what it looks like to me

i only see 1.15 as the support level lol, i'm selling any rallies
Don't Worry Be Happy
  • #21,950
  • May 15, 2018 6:55pm May 15, 2018 6:55pm
Quoting Ata-Turkoglu
Quick M30 Outlook 1.1801 area coming soon as some decision point.. a bounce up or more down? Time will show.. Stay Green {image}
Hi Ata,

I am interested in your London New York open theories. Do you no longer use Frankfurt as well? Also which actual time are you using for the open, I am trying to match your charts but I am unsure as they seem a little different to what I am doing. Thanks in advance and congratulations on a great thread.

Cheers
maahome
  • #21,951
  • May 15, 2018 8:29pm May 15, 2018 8:29pm
how to short that ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 27 KB
  • #21,952
  • May 15, 2018 8:52pm May 15, 2018 8:52pm
shorting the butt outta eu
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Click to Enlarge Name: EURUSDM5.png Size: 32 KB
  • #21,953
  • May 15, 2018 9:13pm May 15, 2018 9:13pm
Quoting PatienceFx
shorting the butt outta eu {image}
I would not do that if a I were you...unless on demo.
H1 shows break up.
Im long with 2 lots from the second and third re-test and statistically speaking have better chances of rebound than break without confirmation.
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,954
  • May 15, 2018 9:37pm May 15, 2018 9:37pm
Today's Tape Reading experience is very satisfying...another rare pattern - Descending Broadening Wedge.
This one w/confirmation of trend reversal (M1 chart of course)

Attached Image (click to enlarge)
Click to Enlarge Name: MAXJOY FX.jpg Size: 97 KB
Attached Image
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,955
  • May 15, 2018 10:11pm May 15, 2018 10:11pm
Quoting Maxjoy
{quote} I would not do that if a I were you...unless on demo. H1 shows break up. Im long with 2 lots from the second and third re-test and statistically speaking have better chances of rebound than break without confirmation.
Iam adding another long now 15 pips sl now lets see
Wish me luck
  • #21,956
  • May 15, 2018 10:44pm May 15, 2018 10:44pm
Quoting Chicago-Greg
{quote} Iam adding another long now 15 pips sl now lets see Wish me luck
Luck has little to do w/success when you read your charts correctly, and by the looks of it you did your homework mate
I myself entered third long right before breaking the neck line of DBW.
Measured move from break to TGT is 14 pips, moving all SL to lowest support.
Attached Image (click to enlarge)
Click to Enlarge Name: MAXJOY FX.jpg Size: 101 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #21,957
  • May 15, 2018 10:47pm May 15, 2018 10:47pm
Quoting Maxjoy
{quote} Luck has little to do w/success when you read your charts correctly, and by the looks of it you did your homework mate I myself entered third long right before breaking the neck line of DBW. Measured move from break to TGT is 14 pips, moving all SL to lowest support. {image}
Thank you I'm trying to do my best not always work but still with some greens overall
  • #21,958
  • May 15, 2018 10:59pm May 15, 2018 10:59pm
Currently, it seems like EU is on that Weekly bearish trajectory.. very risky to go long, b/c no fundamentals to back it up... gold as well is supporting short EU, both are declining... Expecting gold to head to 1,200 level, and EU is targeting the 1.15 level
  • #21,959
  • May 16, 2018 12:02am May 16, 2018 12:02am
If a fall below 1819 happen things can go ugly. Else the 4 h candle can be trap for bears it seems
  • #21,960
  • May 16, 2018 12:10am May 16, 2018 12:10am
Quoting Chicago-Greg
{quote} Iam adding another long now 15 pips sl now lets see Wish me luck
SL moved to BE going to take fast break now
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