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  • #31,361
  • Aug 1, 2018 6:51am Aug 1, 2018 6:51am
BE on my short trade. No risk today
  • #31,362
  • Aug 1, 2018 6:59am Aug 1, 2018 6:59am
Thanks ATA for your explanations, really appreciate
  • #31,363
  • Aug 1, 2018 7:00am Aug 1, 2018 7:00am
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  • #31,364
  • Aug 1, 2018 7:03am Aug 1, 2018 7:03am
Dude, guys. News at 8:15 EST (~10 mins) that could move this market. Market is waiting for news... then for FOMC @ 2 EST. Read that calendar...
  • #31,365
  • Aug 1, 2018 7:08am Aug 1, 2018 7:08am
still short from 1700 and set to break even i think 1700 would be the best place to get long anyway after price breaks yesterdays lows
  • #31,366
  • Aug 1, 2018 7:11am Aug 1, 2018 7:11am
5 minute for adp news , hope we will get Finally the move
Area to for short trade is 1.17000-1.17100
yes yes yes
  • #31,367
  • Aug 1, 2018 7:15am Aug 1, 2018 7:15am
strong numbers from the us
  • #31,368
  • Aug 1, 2018 7:16am Aug 1, 2018 7:16am
Great news.
let's the short begin
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yes yes yes
  • #31,369
  • Aug 1, 2018 7:18am Aug 1, 2018 7:18am
Woah, ADP came in really, really high right? :o
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  • #31,370
  • Aug 1, 2018 7:20am Aug 1, 2018 7:20am
I`m not expecting much to happen before the rate decision.
  • #31,371
  • Aug 1, 2018 7:20am Aug 1, 2018 7:20am
Daily is on a DOJI now with EST close bars. When it moves from there, usually fast.

My overall bias is up but I'm waiting until more toward during/after the FED meeting to buy. And I'm trying to see if I can get a great price now or then (now if it "plunges").
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  • #31,372
  • Aug 1, 2018 7:20am Aug 1, 2018 7:20am
Quoting Moty
5 minute for adp news , hope we will get Finally the move Area to for short trade is 1.17000-1.17100
Quoting skillz16
Woah, ADP came in really, really high right? :o {image}
Exactly. Good news but ADP was muted by the ISM and FMOC later
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Member
  • #31,373
  • Aug 1, 2018 7:24am Aug 1, 2018 7:24am
Quoting TudorIoan
{quote} {quote} Exactly. Good news but ADP was muted by the ISM and FMOC later {image}
True, crude oil inventories and fed rate will move finally. So relax till then, fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #31,374
  • Aug 1, 2018 7:26am Aug 1, 2018 7:26am
Is looking like people think Yellen is leading this FED meeting today. Hehe...
  • #31,375
  • Aug 1, 2018 7:27am Aug 1, 2018 7:27am
As i mentioned earlier, i will look for buys from 1.1650.
Guys watch out this territory 1.1666 - 1645. If a candle closed below 1.1645, then without a doubt it's going to be a bear ride. As long the price keep pushing above 1.1645, i'll buy every lower low.

Lets see. Stay green
  • #31,376
  • Aug 1, 2018 7:31am Aug 1, 2018 7:31am
what are the expectations of the fomc today...
  • #31,377
  • Aug 1, 2018 7:32am Aug 1, 2018 7:32am
Quoting Ata-Turkoglu
{quote} Below is your answer... Go through all the charts below to understand my thinking process.. First chart I never talked about but it is nothing new or rocket science. Feel free to imply that sort of TL drawing to the M15 system.. Read explanations on chart and if you still have questions feel free to ask. Image 1: Detecting nearest support with help of Line Chart. (Later I also added London opening price to the equation) Image


2: Candlestick chart shows additional areas of support and breakout levels based on M15 system. Image 3: Stepping...
hi Ata
where is M15 system to study? Page?
  • #31,378
  • Aug 1, 2018 7:32am Aug 1, 2018 7:32am
I think I finally have the answer why some kinda important economical events don't have any impact on forex market..I just wonder how exactly FOMC muted ADP? It's like if there is even more important event later, the current event won't give any push to market..?
  • #31,379
  • Aug 1, 2018 7:35am Aug 1, 2018 7:35am
AB=CD on 1.1699 (15/30min) + SMA55 on 30min + sma5 on H1

I try sell, SL: 1.1710 Tp:1.16635
If you do not know who you are, the Forex is the worst place to find you
  • #31,380
  • Aug 1, 2018 7:36am Aug 1, 2018 7:36am
Quoting 777girl
I think I finally have the answer why some kinda important economical events don't have any impact on forex market..I just wonder how exactly FOMC muted ADP? It's like if there is even more important event later, the current event won't give any push to market..?
Market has moved 0.002 up from where it was before the news... this is far from a big move up. Perspective. I'd challenge you to see that.

It could still go down here soon. "It will fluctuate"

*Disclaimer: No position. I'm waiting for a good price lower. It looks like if above 1.168, I'd keep a LONG bias. If I can't get a good price lower, I am probably waiting for during/after the FED meeting to take out both halves of my LONG position - to "trade into" it.
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