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  • #25,621
  • Jun 15, 2018 8:11am Jun 15, 2018 8:11am
ATA where is this top of the focus area? 1690?
  • #25,622
  • Jun 15, 2018 8:31am Jun 15, 2018 8:31am
Quoting Ata-Turkoglu
{quote} I think eventually it will happen.. but still follow the channel below.. If you think of buying at least buy when price arrives at lower edge of channel (very risky in a bear market though) If you think of selling at least try to sell at or close to the higher edge of channel (low risk) My half cents.. Stay Green {image}
Ata, I like where you are headed with this graph. My personal preference is for horizontal rather than sloping channels, but you seem very successful in your
approach. I missed the extension (150 or so pips) by closing my positions at 1.11738 but I am looking for a retrace to the low 1.17 level for a second chance.
Have a good weekend,
regards,
goma
Attached Image (click to enlarge)
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  • #25,623
  • Jun 15, 2018 8:46am Jun 15, 2018 8:46am
Quoting Ata-Turkoglu
{quote} I think eventually it will happen.. but still follow the channel below.. If you think of buying at least buy when price arrives at lower edge of channel (very risky in a bear market though) If you think of selling at least try to sell at or close to the higher edge of channel (low risk) My half cents.. Stay Green {image}

I think it's the spot where there'll be the pullback. As i mentioned in my previous posts 1.1615 - 1.1666 is the range. If the market missed it, it'll hit 1.1717 for the pullbacks to kick in eventually.
  • #25,624
  • Jun 15, 2018 9:13am Jun 15, 2018 9:13am
Quoting goma
{quote} Ata, I like where you are headed with this graph. My personal preference is for horizontal rather than sloping channels, but you seem very successful in your approach. I missed the extension (150 or so pips) by closing my positions at 1.11738 but I am looking for a retrace to the low 1.17 level for a second chance. Have a good weekend, regards, goma {image}
Thanks.. Yeah horizontals are static.. I like them too... Meanwhile bull pressure is still trying but volatility dropped..

And once (or if) H1 candles close above 1.1610 we will have a boring range that probably will be limited to 1.1625/30 area.. Since today is Friday I think this is it for this week.. NY might just have opened but still, a climb above 1.1630 would be a surprise for me.. Waiting for sell opportunity but I fear it will not gonna happen today..

Stay Green
Focus only on what truly matters!
  • #25,625
  • Jun 15, 2018 9:15am Jun 15, 2018 9:15am
Quoting bill1985
ATA where is this top of the focus area? 1690?
Yup, 1.1695/1700 area.... roughly!

Stay Green
Focus only on what truly matters!
  • #25,626
  • Jun 15, 2018 9:19am Jun 15, 2018 9:19am
Quoting Ata-Turkoglu
{quote} Yup, 1.1695/1700 area.... roughly! Stay Green
1700/1720 great shorting opps to push toward 1500
  • #25,627
  • Jun 15, 2018 9:20am Jun 15, 2018 9:20am
Eur/usd....>>>>h1
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Seek knowledge and adorn it with patience and respect; moreover, be humble
  • #25,628
  • Jun 15, 2018 9:29am Jun 15, 2018 9:29am
I can already share next Monday's Daily levels.. They might be helpful even today..

The candle formation reminds me of 2 things that contradict each other:

  1. It might be a double bottom.. ??? ---> results in Bullish PA
  2. It might be a bearish cup and handle formation where handle is not ready yet --> results in bearish PA


Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EU-Daily-Outlook.png Size: 13 KB
Focus only on what truly matters!
  • #25,629
  • Jun 15, 2018 9:29am Jun 15, 2018 9:29am
Quoting Godzilla
{quote} 1700/1720 great shorting opps to push toward 1500
1620 is your last chance
  • #25,630
  • Jun 15, 2018 9:43am Jun 15, 2018 9:43am
Quoting Micm147
{quote} 1620 is your last chance
absolute rubbish. would love to wager this with u. 1650 minimum
  • #25,631
  • Jun 15, 2018 9:45am Jun 15, 2018 9:45am
Quoting Godzilla
{quote} absolute rubbish. would love to wager this with u. 1650 minimum
1700s are what i am aiming at.
  • #25,632
  • Jun 15, 2018 9:55am Jun 15, 2018 9:55am
... https://www.forexfactory.com/showthr...0#post11170670
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  • #25,633
  • Jun 15, 2018 10:09am Jun 15, 2018 10:09am
Theories can be endless.. maybe next week we might see a H4 AB=CD pattern.. and look where it would be completed.. spooky huh?

Stay Green
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Focus only on what truly matters!
  • #25,634
  • Jun 15, 2018 10:21am Jun 15, 2018 10:21am
A little heads up. Dragster next week, mon-wed.
/r
  • #25,635
  • Jun 15, 2018 10:31am Jun 15, 2018 10:31am
I wont say anything interesting trade-wise...but I like the way this looks geometrically...don't you?!
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #25,636
  • Jun 15, 2018 10:37am Jun 15, 2018 10:37am
I think we will form a right shoulder wich has a target around 1.19500
  • #25,637
  • Jun 15, 2018 10:43am Jun 15, 2018 10:43am
You guys know what usually happens in situations like this...
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #25,638
  • Jun 15, 2018 10:43am Jun 15, 2018 10:43am
Quoting Maxjoy
I wont say anything interesting trade-wise...but I like the way this looks geometrically...don't you?! {image}
In your experience, aren’t swoops better for a northward movement longer term?
A snails pace wins the race :-)
  • #25,639
  • Jun 15, 2018 10:44am Jun 15, 2018 10:44am
Market losing volume on 1mn, sell but its friday.
And its 1minute
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  • #25,640
  • Jun 15, 2018 10:46am Jun 15, 2018 10:46am
Quoting Maxjoy
You guys know what usually happens in situations like this... {image}
Yup, the legendary Maximus posted this for us noobs awhile back
Attached Image (click to enlarge)
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A snails pace wins the race :-)
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