{quote} moty, yesterday when we took long at best entry we were fools, remember, lol today the market is doing exactly what we saw
- #32,441
- Aug 7, 2018 1:30am Aug 7, 2018 1:30am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #32,442
- Aug 7, 2018 1:41am Aug 7, 2018 1:41am
- | Joined Jul 2018 | Status: Trader | 1,514 Posts
buy the rumor,sell the news
- #32,443
- Aug 7, 2018 1:41am Aug 7, 2018 1:41am
- Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
EU on downtrend, but some buying on this zone. WHo bought here???? https://www.forexfactory.com/showthr...1#post11337521 {image}
https://www.forexfactory.com/showthr...0#post11339330
TMT Scalping System (Best system on FF)
- #32,444
- Aug 7, 2018 1:48am Aug 7, 2018 1:48am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Member
- #32,445
- Aug 7, 2018 1:49am Aug 7, 2018 1:49am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
new daily candle high in eu , new daily candle low in dx
the trend is revarse
eu daily 
dx daily 
dx weekly 
the trend is revarse
eu daily
dx daily
dx weekly
yes yes yes
- #32,446
- Aug 7, 2018 1:50am Aug 7, 2018 1:50am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Bias. Reason: on D1 it looks like we're on "the bottom"... if no fundamentals, news, we might expect a bounce. Disclaimer: it's just a bias. {image}
new daily candle high in eu , new daily candle low in dx the trend is revarse eu daily{image} dx daily{image} dx weekly{image}
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- #32,448
- Aug 7, 2018 1:53am Aug 7, 2018 1:53am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Right here boss!
...let's see now if will break the 1579-80, Monthly_S1 zone
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- #32,449
- Aug 7, 2018 1:55am Aug 7, 2018 1:55am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
In min wile situation has changed these is FX{image}
To much words take's you to poverty,....
- #32,450
- Aug 7, 2018 1:58am Aug 7, 2018 1:58am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
- #32,452
- Aug 7, 2018 2:01am Aug 7, 2018 2:01am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
OMFG, it looks like a fkn Bull Trap!!! I hope not 
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- #32,453
- Aug 7, 2018 2:02am Aug 7, 2018 2:02am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #32,455
- Aug 7, 2018 2:04am Aug 7, 2018 2:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Ha Mr T, There Appears to be an engulfing candle in the daily chart
...but agree, looks promising
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- #32,456
- Aug 7, 2018 2:04am Aug 7, 2018 2:04am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
Finally we can try a long.. will look for buy setup on M5 as close as it gets to 1.1555.. Of course even there I will look for RED TL breakout until I buy.. Good luck to all.. Stay Green
I took the same trade and it's working out
But what I wonder is:
The trendline was down if I see correctly. So why did you try to open a long...
My thinking was: According the rules we should take a short after retracement to the trendline.
Or is it because the slope of the LWMA was up?
Trying to grasp your thoughts
EDIT: Hmm at 2nd look it seems you took the UP trendline from 13:00hr
- #32,458
- Aug 7, 2018 2:09am Aug 7, 2018 2:09am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
OMFG, it looks like a fkn Bull Trap!!! I hope not
yes yes yes
- #32,459
- Aug 7, 2018 2:10am Aug 7, 2018 2:10am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
OMFG, it looks like a fkn Bull Trap!!! I hope not
All I can say at least fundamentally nothing happened this morning which can validate this move
imo
Trades technical moves enforced by fundamentals
- #32,460
- Aug 7, 2018 2:10am Aug 7, 2018 2:10am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
{quote} Long way to the Daily Close. So, no "engulfing deal" until day close
Agreed Mr T
I am very cryptic at times
I take it for granted that everyone knows this.
But a lot of newbies may not
