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  • #31,621
  • Aug 2, 2018 4:03am Aug 2, 2018 4:03am
Quoting msniper
{quote} my target before it will be between 1.13xx to 1.14xx I will just keep watching while its going down and decide my take profit

If we can get confirmation in getting below the resistance point at 1.16202 then its a clean clean run to the 1.157 area





"to sooon"???????
  • #31,622
  • Aug 2, 2018 4:11am Aug 2, 2018 4:11am
M15 Line Chart Outlook

Price arrived and stalls at very critical area: 1.1619 (Give potential bounce some room of +- 10 pips => 1.1610/20 area)

Stay Green
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Focus only on what truly matters!
  • #31,623
  • Aug 2, 2018 4:12am Aug 2, 2018 4:12am
Quoting Dingoman-two
{quote} If we can get confirmation in getting below the resistance point at 1.16202 then its a clean clean run to the 1.157 area "to sooon"???????

Well BOE could shake the market a bit (short term), just waiting. No rate hike , cable could drag EU further down or vice versa with hike.
Trades technical moves enforced by fundamentals
  • #31,624
  • Aug 2, 2018 4:13am Aug 2, 2018 4:13am
I have no position right now so I am not talking my book at all. I am waiting for low 1600's for a small long. But following this forum there is lot of talk about 1300 1400 1570, breakdowns etc.....lots of bearishness....Seems like we had the same type of talk when we were at the high end of the range. People saying 1800, 1900 2000.

All I know is that if we do breakdown (higher dollar), there are going to be some VERY upset people in the Trump Admin, all US exporters, the stock market, debt holders etc...65 trillion dollars of global debt priced in US dollars.......Stocks could fall 10-20% in a matter of weeks.

My hunch is range will hold and we will bounce. But I am risking very little going long in low 1600's
  • #31,625
  • Aug 2, 2018 4:14am Aug 2, 2018 4:14am
Looks oversold here and around support, so I will close short and wait the outcome of the meatgtinder
  • #31,626
  • Aug 2, 2018 4:18am Aug 2, 2018 4:18am
Daily S2 is 1.16170, there a little bounce from it
yes yes yes
  • #31,627
  • Aug 2, 2018 4:25am Aug 2, 2018 4:25am
last week and this week is been bit crazy with decisions coming from various central banks, let the dust get settled then we will have a clear picture, may be from next week. imo.
Trades technical moves enforced by fundamentals
  • #31,628
  • Aug 2, 2018 4:25am Aug 2, 2018 4:25am
Quoting Moty
Daily S2 is 1.16170, there a little bounce from it

Are we there yet Moty ?????


  • #31,629
  • Aug 2, 2018 4:26am Aug 2, 2018 4:26am
Quoting Traderview
Pending buy @1.1625 got hit. TP n SL manual Lets see
Closed this buy. Now sidelines.
  • #31,630
  • Aug 2, 2018 4:29am Aug 2, 2018 4:29am
Quoting Dingoman-two
{quote} If we can get confirmation in getting below the resistance point at 1.16202 then its a clean clean run to the 1.157 area "to sooon"???????
Immediate Sr at 1.1611 my tp there now ,round no. OK, but they are nominal, may not react enough to 1.1654 and close. So may break easily to good support at 1.1584 closewise to react some to watch further. Take care, fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #31,631
  • Aug 2, 2018 4:30am Aug 2, 2018 4:30am
got 100 pips already since july 31 downtrend because of that evening star @78.6 fibo.
will not yet close my postion. not yet. greedy ass!
PATIENCE AND DISCIPLINE!
  • #31,632
  • Aug 2, 2018 4:31am Aug 2, 2018 4:31am
I don't understand why people love to catch falling knife hehehe

any way its really risky to buy now but I would suggest anyone buying now should put SL in area of 1.1560~1.1580

this area I mentioned is considered to be a possibility for a bounce and also breaking it would sheft many buyers to the selling side which will be add super selling pressure and momentum.

people who using Elliott waves are having 2 scenario a buy and a sell which make them confused. but the moment 1.1580 is broken the buy scenario for Elliott will be invalid and we will see all of them in the sell scenario
  • #31,633
  • Aug 2, 2018 4:33am Aug 2, 2018 4:33am
Zooming in to M15 Status

M15 system followers will know that it is still not the time to close shorts.. why would someone close their short while candles are still opening or closing below RED TL?

Stay Green
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Focus only on what truly matters!
  • #31,634
  • Edited 5:06am Aug 2, 2018 4:35am | Edited 5:06am
Anyone else feel like this is a fake out to the bottom side?
Im bearish sentiment still, but expecting a few hours retrace before a sustained down move.

Edit- I think ive had a change of heart. My Sentiment is now bullish long term. The key is entry. Todays London Session still has some downside room. Might even scalp a short trade if we get this retrace
The Motto: Consistent and Highly Profitable
  • #31,635
  • Aug 2, 2018 4:35am Aug 2, 2018 4:35am
Quoting Moty
Daily S2 is 1.16170, there a little bounce from it
Hi Moty, do not long trade here, please.
FOR THE HORDE
  • #31,636
  • Aug 2, 2018 4:36am Aug 2, 2018 4:36am
Quoting msniper
I don't understand why people love to catch falling knife hehehe any way its really risky to buy now but I would suggest anyone buying now should put SL in area of 1.1560~1.1580 this area I mentioned is considered to be a possibility for a bounce and also breaking it would sheft many buyers to the selling side which will be add super selling pressure and momentum. people who using Elliott waves are having 2 scenario a buy and a sell which make them confused. but the moment 1.1580 is broken the buy scenario for Elliott will be invalid and we will...

Not trying to catch anything my friend,

just see more downside and going with it,

i trust my charts, if 1.157/8 can be reached (or before) then i will be looking to buy,

  • #31,637
  • Aug 2, 2018 4:38am Aug 2, 2018 4:38am
Quoting msniper
I don't understand why people love to catch falling knife hehehe any way its really risky to buy now but I would suggest anyone buying now should put SL in area of 1.1560~1.1580 this area I mentioned is considered to be a possibility for a bounce and also breaking it would sheft many buyers to the selling side which will be add super selling pressure and momentum. people who using Elliott waves are having 2 scenario a buy and a sell which make them confused. but the moment 1.1580 is broken the buy scenario for Elliott will be invalid and we will...


Dollar and EU both kinda ripe for a correction after such a long run. imo
Trades technical moves enforced by fundamentals
  • #31,638
  • Aug 2, 2018 4:39am Aug 2, 2018 4:39am
Buy limit 1.15729 (SL spread +3) hope it gets there.
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Self discipline It is a practice
  • #31,639
  • Aug 2, 2018 4:41am Aug 2, 2018 4:41am
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  • #31,640
  • Aug 2, 2018 4:41am Aug 2, 2018 4:41am
Quoting Dingoman-two
{quote} Not trying to catch anything my friend, just see more downside and going with it, i trust my charts, if 1.157/8 can be reached the i will be looking to buy,
See where last quarters low is ,,,M s S2 got sold as has everything sine the weekly pivot gave out then the weekly open, now last weeks low , next up 16 ish,, W S 1 .
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