Dragon or Snake - GU, UJ, GJ, EU, EJ | Page 93 | Forex Factory

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Attachments: Dragon or Snake - GU, UJ, GJ, EU, EJ
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Dragon or Snake - GU, UJ, GJ, EU, EJ

  • #1,841
  • Jul 26, 2018 7:29am Jul 26, 2018 7:29am
Quoting sumar
GU at yesterday's low now... How will it react???
Looks like it's done for.
  • #1,842
  • Jul 26, 2018 10:23am Jul 26, 2018 10:23am
Quoting maflip
.{quote} Doing fine I got tired of the food there lol. How is DAX trading doing?
Going well , an account shared .
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  • #1,843
  • Jul 26, 2018 11:18am Jul 26, 2018 11:18am
Looks like GU is going all down to 1.3070 and later to 1.3000. Might be wrong. As my good friend KP say "Trade safe"
Never Ever Give Up
  • #1,844
  • Jul 26, 2018 12:54pm Jul 26, 2018 12:54pm
Quoting sumar
Looks like GU is going all down to 1.3070 and later to 1.3000. Might be wrong. As my good friend KP say "Trade safe"
Yeah I think so too
  • #1,845
  • Jul 26, 2018 10:55pm Jul 26, 2018 10:55pm
Recap on GU yesterday for me. No trade. Been waiting for a reversal long signal but didn't came. Actually, I got an M5 short but didn't take. I was too married in waiting for a long setup yesterday. Even my M1 chart is saying short short short but I did not listen. So, sucks for me. Don't get married to an idea. I'm reminding myself that right now.

On the bright side I now have an H4 setup short. But stop on this thing is over 100 pips. So today or Monday gonna wait for a pullback and hopefully I get an M30 short signal.

Don't mind the black, magenta and red arrows I only use them as retrace levels and for wave counts. Currently black arrow appeared so it's a new wave 1. But this can repaint as we still don't know if this is the end of the down move. So yeah I don't trade them if in counter trend.

Problem for this H4 signal NFP and funds rate can easily change it's direction. So if by Wednesday if TP is not yet hit i'd be nervous lol.
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  • #1,846
  • Edited 5:59am Jul 28, 2018 4:54am | Edited 5:59am
Careful on GU for now. This broadening pattern usually means reversal. Remember last Friday (EDIT: Thursday) on M5 there is a similar pattern like this? H4 is pointing down but M30 there's a crazy action of bull bear fight. So bulls are still taking a stand. There is a signal black arrow on M30 with the trend but I'm uncomfortable with it due to this pattern action. Anyway, this pattern usually makes explosive move after it makes a decision. Can take the short sell if like but make it very very small since if it does goes down this time I'm almost sure it will be heavy selling after this. If you count the number of reversal this thing made on M30 this is the 6th time. So either the 6th works (up) or the 7th work (down) and the move will be big.

Risk small and take big on this one.
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  • #1,847
  • Jul 30, 2018 12:13am Jul 30, 2018 12:13am
Quoting maflip
Careful on GU for now. This broadening pattern usually means reversal. Remember last Friday (EDIT: Thursday) on M5 there is a similar pattern like this? H4 is pointing down but M30 there's a crazy action of bull bear fight. So bulls are still taking a stand. There is a signal black arrow on M30 with the trend but I'm uncomfortable with it due to this pattern action. Anyway, this pattern usually makes explosive move after it makes a decision. Can take the short sell if like but make it very very small since if it does goes down this time I'm almost...
Noted
Never Ever Give Up
  • #1,848
  • Jul 30, 2018 7:17am Jul 30, 2018 7:17am
Quoting sumar
{quote} Noted
Crazy right?

Going to look for a reversal back down on M5 somewhere around this horizontal line. They all took profit at H4 TP1. Getting to close to funds rate. I'll only be trading M5 from here till whole week.

So far, H4 setup is still valid. But too close to major news coming this week.
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  • #1,849
  • Jul 30, 2018 7:21am Jul 30, 2018 7:21am
Zoom in to M30. Pattern completion around 1.31635. Hopefully we don't need to go to 1.31887.

1.31480 is also resistance area
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  • #1,850
  • Jul 30, 2018 7:29am Jul 30, 2018 7:29am
Also, this crazy megaphone patterns, top line another area to look for reversal setup.
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  • #1,851
  • Aug 2, 2018 1:48am Aug 2, 2018 1:48am
A very good day to all fellow traders trading the Pound Yen.
If anyone is interested in being part of an interactive and pro active group of LIVE INTRA DAY traders ,,, please go to the post in the member's lounge .
https://www.forexfactory.com/showthread.php?t=801736
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,852
  • Aug 2, 2018 3:59am Aug 2, 2018 3:59am
Quoting George AUS
A very good day to all fellow traders trading the Pound Yen. If anyone is interested in being part of an interactive and pro active group of LIVE INTRA DAY traders ,,, please go to the post in the member's lounge . https://www.forexfactory.com/showthread.php?t=801736 Cheers, George
Ah well I don't trade GJ anymore so I can't join. Sometimes I trade DAX. On occassion I might trade GJ. And... There is already a GJ thread. This thread I did not start it. I just figure I post here even if I talk to myself. Just because...
  • #1,853
  • Aug 2, 2018 5:00am Aug 2, 2018 5:00am
What did Carney say which caused that sudden drop?
Never Ever Give Up
  • #1,854
  • Aug 2, 2018 11:37pm Aug 2, 2018 11:37pm
Quoting sumar
What did Carney say which caused that sudden drop?
Dunno I did not listen. How is M1 scalping doing for you? As for me, I still don't have an EA, developer seems to have abandoned the project he said it's too complicated. lol. I got a new developer now from India hope he can finish this project. I only need the EA for M30 and H4 trading. I'm fine with M5 and M1, I can trade them when I got time. However, M30 and H4 is the best to trade my system but I don't have time to wait for setup they take too long to setup and alot of time im not in my screen to see it.

Did you trade the levels I recommended for short on H4 chart. It's to the dot, we just hit TP3 just about now.

https://www.forexfactory.com/showthr...8#post11313108
https://www.forexfactory.com/showthr...1#post11313091
  • #1,855
  • Aug 3, 2018 12:06am Aug 3, 2018 12:06am
Short is a no brainer, but GU is in profit taking area. (see post above we are at TP3) So, careful around this level. We MIGHT pull up first before resuming more down.
  • #1,856
  • Aug 3, 2018 12:27am Aug 3, 2018 12:27am
Well I guess I'm wrong hah hah. Bears still kicking even at TP3.
  • #1,857
  • Aug 14, 2018 1:40am Aug 14, 2018 1:40am
OMG Edmund is alive! he clicked like on one of my post. where you been bro.
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  • #1,858
  • Aug 14, 2018 1:49am Aug 14, 2018 1:49am
Quoting maflip
OMG Edmund is alive! he clicked like on one of my post. where you been bro. {image}
He appointed you as the caretaker while he's on a sabbatical.....lol
Never Ever Give Up
  • #1,859
  • Aug 14, 2018 1:54am Aug 14, 2018 1:54am
Quoting sumar
{quote} He appointed you as the caretaker while he's on a sabbatical.....lol
hah hah
  • #1,860
  • Aug 14, 2018 1:54am Aug 14, 2018 1:54am
Quoting maflip
OMG Edmund is alive! he clicked like on one of my post. where you been bro. {image}
haha , sorry bro and also sumar , I am busy running trade also m5 , 3 indicators .
hope you all green pips .
* when time reach , I will open channel and invite some of you come to my channel .
==
* because now I have nice finance support me , that lead me to success .thx that muslim guy so he will be my permanent partner .
Exits == most important part of your strategy
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