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  • #31,841
  • Aug 2, 2018 8:49pm Aug 2, 2018 8:49pm
Heading to 1.15686
Be a spectator, not a player
  • #31,842
  • Aug 2, 2018 9:09pm Aug 2, 2018 9:09pm
I think today the prices will be very strong and my goal as shown.
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  • #31,843
  • Aug 2, 2018 9:54pm Aug 2, 2018 9:54pm
We have some sideways action

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TMT Scalping System (Best system on FF)
  • #31,844
  • Aug 2, 2018 10:31pm Aug 2, 2018 10:31pm
Today has been a pretty horrible day for me. My account manager burned my account buying EU and he tried to convince me to redeposit and buy more being as he predicts the market will go up after NFP. I'd like to know how common was this type of move heading into NFP?
Judge me based on % return
  • #31,845
  • Aug 2, 2018 10:32pm Aug 2, 2018 10:32pm
Just woke up to see before sleep again. Daily close perfect and today a spike down needed towards 1.1526/07/as already it a baby camel sitting on mother's head became very thirsty at this high for underground water /crushed to down here, it may even go 1.1450 to test spike up in failure mode, last of the last chance, never have 2 chances in 6 months time perhaps.now correction may towards 1.1597/1.1631,max 1.1646perhaps.take care bulls for bias only unless it happen and prove itself. Bear also take care as big buys may come at days end, no decision may this week also, playing in buy zone.unrest market today likely then. Fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #31,846
  • Aug 2, 2018 10:41pm Aug 2, 2018 10:41pm
Quoting fontu
Just woke up to see before sleep again. Daily close perfect and today a spike down needed towards 1.1526/07/as already it a baby camel sitting on mother's head became very thirsty at this high for underground water /crushed to down here, it may even go 1.1450 to test spike up in failure mode, last of the last chance, never have 2 chances in 6 months time perhaps.now correction may towards 1.1597/1.1631,max 1.1646perhaps.take care bulls for bias only unless it happen and prove itself. Bear also take care as big buys may come at days end, no decision...
hi fontu

so you think that the breakout of level 1.589 is not confirmed and we should wait for spike? a little elaboration please you think we are doing more down or we should place buy order

thanks
lcky
  • #31,847
  • Aug 2, 2018 10:44pm Aug 2, 2018 10:44pm
Hi every one
MARK MY WORDS
There is change in the trend on the long side in the upwards directions so i have bought eurusd at 1.15797

if any one agrees with me kindly let me know
  • #31,848
  • Aug 2, 2018 10:55pm Aug 2, 2018 10:55pm
M30 NO clear Lower Low, thinking we need a spike down to finish the bear...........
Be a spectator, not a player
  • #31,849
  • Aug 2, 2018 11:07pm Aug 2, 2018 11:07pm
Quoting fontu
Just woke up to see before sleep again. Daily close perfect and today a spike down needed towards 1.1526/07/as already it a baby camel sitting on mother's head became very thirsty at this high for underground water /crushed to down here, it may even go 1.1450 to test spike up in failure mode, last of the last chance, never have 2 chances in 6 months time perhaps.now correction may towards 1.1597/1.1631,max 1.1646perhaps.take care bulls for bias only unless it happen and prove itself. Bear also take care as big buys may come at days end, no decision...
Looking at the 1H chart, it seems it may get to 1.157 though, I'm open to corrections
  • #31,850
  • Aug 2, 2018 11:08pm Aug 2, 2018 11:08pm
Quoting Lcky
{quote} hi fontu so you think that the breakout of level 1.589 is not confirmed and we should wait for spike? a little elaboration please you think we are doing more down or we should place buy order thanks lcky
Thanks, market is in strong bear still In buy zone though and it is here after all crush of bull tries 5times So let my big spike happen/another camel ear if already not at top/prove itself than only in buy zone or speculation. Not seeing charts/add trades today/friday morning session and will see it in the evening Take care, fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #31,851
  • Aug 2, 2018 11:11pm Aug 2, 2018 11:11pm
Quoting fontu
{quote} Thanks, market is in strong bear still In buy zone though and it is here after all crush of bull tries 5times So let my big spike happen/another camel ear if already not at top/prove itself than only in buy zone or speculation. Not seeing charts/add trades today/friday morning session and will see it in the evening Take care, fontu
thanks a lot
  • #31,852
  • Aug 2, 2018 11:19pm Aug 2, 2018 11:19pm
thank you both WISERLTZ & FONTU for your analysis , POV & advise will keep check
  • #31,853
  • Aug 2, 2018 11:26pm Aug 2, 2018 11:26pm
Quoting HumbleLearne
thank you both WISERLTZ & FONTU for your analysis , POV & advise will keep check
No need to catch the turning point, trade when trend is clear
Be a spectator, not a player
  • #31,854
  • Aug 3, 2018 12:03am Aug 3, 2018 12:03am
last chance for the bull so LONG 1.159 SL 1.157
  • #31,855
  • Aug 3, 2018 12:06am Aug 3, 2018 12:06am
M15
Yellow line is daily support
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  • #31,856
  • Edited 12:25am Aug 3, 2018 12:12am | Edited 12:25am
I have to admit a mistake and cut a loss. It was my problem that was always there. When I was trading in a ranging market, I would make a profit (this time , I barely succeeded with that ) and then I would lose again and again , because I would not realize that the ranging was over.
Today I will be looking to get out of the this long trade.
I put tp at the pull back to 1.16197 , that will bring my account to the position It was in the beginning of the week after the withdrawal, or close in lose that let me stay with $ 115 in the account .
This will give me a option to trade 1 $ for every pip.
From that i can grow very fast.
I guessing that i will need to compromise for pull back to 1.16070 , i can live with that.
This will give me a option to trade 2 $ for every pip.
, Good enough
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yes yes yes
  • #31,857
  • Aug 3, 2018 12:18am Aug 3, 2018 12:18am
Quoting HumbleLearne
Hi every one MARK MY WORDS There is change in the trend on the long side in the upwards directions so i have bought eurusd at 1.15797 if any one agrees with me kindly let me know

I think a buy round here will make sense...but when did you buy at 1.15797? last week?
Its all just one persons opinion
  • #31,858
  • Aug 3, 2018 12:21am Aug 3, 2018 12:21am
Quoting 4experience
last chance for the bull so LONG 1.159 SL 1.157
There is a cluster of stops there and if indeed it's a bull market those stops will be taken out before price moves up, except may be you are considering a scalp buy. My humble opinion.
  • #31,859
  • Edited 1:59am Aug 3, 2018 12:23am | Edited 1:59am
Quoting Moty
I have to admit a mistake and cut a loss. It was my problem that was always there. When I was trading in a ranging market, I would make a profit (this time , I barely succeeded with that ) and then I would lose again and again , because I would not realize that the ranging was over. Today I
Quoting Moty
will be looking to get out of the this long trade. I put tp at the pull back to 1.16197 , that will bring my account to the position I was in the beginning of the week after the withdrawal, or close in lose that let me stay with $ 115 in the account . I guessing...
the fact is, u make two obvious mistakes

first, why do u buy in between the triangle? since u have clearly drawn the triangle line, why not wait for price to reach there (and also wait for price action to react before u decide to buy or not)

secondly, u should have close your loss instead of letting it to go into deeper loss, the only strategy i can think of holding the loss buying is related to some sort of hedging strategy

i made a clean profit selling from 1.1720 on Tuesday (after i get clear confirmation of rejection from 1.1746 in the NY session), and i close my profit @ 1.1685 (NY close prior to Wednesday) making a cool $500, then i stay on sidelines through out the FED, and from Thursday i wait again for London open for signals, so now when i woke up on Friday and see the chart, i know this time i should be looking for pullback signal if i want to short EU (of course, waiting for NFP too)

as Teek and Ata has mentioned before, waiting is gold

even if i did not make money, i did not lose money too (when i wait), so there is nothing to lose, and there is always the next train coming, i know all i have to do is wait until i take the right train

i have my bearish bias after the Tuesday’s downfall, i know expect price would reach the bottom triangle, so as a trader, if u trade intraday or semi-swing trade like i do, it is better to wait for signal instead of simply pulling the trigger out of nothing

also, it is not just money management that is important, timing for entry is also a crucial ingredient for trading success

i have a sense of entry timing over the past 6 years i have gone through, and i can say it is all up to you to develop your own timing sense after reading quality sharing here by some really good trader like Ata, and you got to relate it to your own analysis
  • #31,860
  • Aug 3, 2018 12:29am Aug 3, 2018 12:29am
Simple range trading here, ...until the NFP.
Both Long and Short taken at 1587 (middle "NFP range")
Will close long ~1600, and short ~1579
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