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  • #33,581
  • Aug 9, 2018 1:42pm Aug 9, 2018 1:42pm
Quoting sponge
I do fly fishing, I have cast my fly out at 1.15575 lets see if we get a bite Dry fly by the way.
You are really brave, in my opinion. That´s good.

So, we are at The River again.

In your opinion, which way is The River flowing, up or down?
Only real values: Valid rules, discipline and experience.
  • #33,582
  • Aug 9, 2018 1:44pm Aug 9, 2018 1:44pm
M5
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 22 KB
  • #33,583
  • Aug 9, 2018 1:50pm Aug 9, 2018 1:50pm
whats your idea about up or down from here(1.1550)?
  • #33,584
  • Aug 9, 2018 1:54pm Aug 9, 2018 1:54pm
Quoting Slt93
{quote} You are really brave, in my opinion. That´s good. So, we are at The River again. In your opinion, which way is The River flowing, up or down?
No bite no trade

Against the flow at the mo
All charts/ideas based on UK time zone
  • #33,585
  • Aug 9, 2018 1:55pm Aug 9, 2018 1:55pm
Quoting Mohsen158
whats your idea about up or down from here(1.1550)?
It can go either way and also sideway. LOL. If you want to take a position, you better go short or wait for a better entry.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #33,586
  • Aug 9, 2018 1:55pm Aug 9, 2018 1:55pm
Quoting Mohsen158
whats your idea about up or down from here(1.1550)?
See post below your post.
Only real values: Valid rules, discipline and experience.
  • #33,587
  • Aug 9, 2018 1:57pm Aug 9, 2018 1:57pm
Quoting Pipfu
What if I told you that 1.25 hasn't been tested? Food for your brain as Ata likes to say..... {image}
Pipfu, I love sarcasm, for me isn't such a thing as excessive use of it, whoever uses it is my brother/my sister...if someone wants to have a good laugh at my expense, so be it...
Always trade your own plan...I don't provide trading signals.
  • #33,588
  • Aug 9, 2018 2:00pm Aug 9, 2018 2:00pm
Went short at 1.15718, not sure whether to just take profits now, will probably run out of momentum at this time.
  • #33,589
  • Aug 9, 2018 2:05pm Aug 9, 2018 2:05pm
price arrive in support area
white - H4 support
yellow - D support
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 24 KB
  • #33,590
  • Aug 9, 2018 2:11pm Aug 9, 2018 2:11pm
heads up

we're testing a key demand line

if it pushes through 11420/50 (zone) is the next key area

H4
Attached Image (click to enlarge)
Click to Enlarge Name: EU H4 2 080918.png Size: 137 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #33,591
  • Aug 9, 2018 2:16pm Aug 9, 2018 2:16pm
Quoting Mohsen158
whats your idea about up or down from here(1.1550)?
Based on H1 chart, Fib 161.8% retracement from first swing low (maybe a wave 1) would be 1.1537... and price still tries to go further down inside these minutes.. Seems like there is no bottom to this

Next station: fib 200.0%: 1.1517
After that: fib 261.8%: 1.1483

That's all I can say for what would happen if 1.1537 won't support..

Stay Green
Focus only on what truly matters!
  • #33,592
  • Aug 9, 2018 2:21pm Aug 9, 2018 2:21pm
the market is just tanking

this goes to show how important it is to have a longer term view alongside the intraday
  • #33,593
  • Aug 9, 2018 2:23pm Aug 9, 2018 2:23pm
Quoting Montrealer
{quote} It can go either way and also sideway. LOL. If you want to take a position, you better go short or wait for a better entry.
  • #33,594
  • Aug 9, 2018 2:24pm Aug 9, 2018 2:24pm
EURO Composite View
That line break looks good...

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURO Composite D1 080918.png Size: 98 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #33,595
  • Aug 9, 2018 2:24pm Aug 9, 2018 2:24pm
Quoting Ata-Turkoglu
{quote} Based on H1 chart, Fib 161.8% retracement from first swing low (maybe a wave 1) would be 1.1537... and price still tries to go further down inside these minutes.. Seems like there is no bottom to this Next station: fib 200.0%: 1.1517 After that: fib 261.8%: 1.1483 That's all I can say for what would happen if 1.1537 won't support.. Stay Green
  • #33,596
  • Aug 9, 2018 2:26pm Aug 9, 2018 2:26pm
Quoting MXT
the market is just tanking this goes to show how important it is to have a longer term view alongside the intraday
90% of people, are wrong about 90% of everything, 90% of the time...
  • #33,597
  • Aug 9, 2018 2:29pm Aug 9, 2018 2:29pm
Quoting theDHT
heads up we're testing a key demand line if it pushes through 11420/50 (zone) is the next key area H4 {image}

5 more pips to the downside, and we'll have an intra day lower low compared to 3 days ago
90% of people, are wrong about 90% of everything, 90% of the time...
  • #33,598
  • Aug 9, 2018 2:29pm Aug 9, 2018 2:29pm
Quoting theDHT
{quote}
  • #33,599
  • Aug 9, 2018 2:34pm Aug 9, 2018 2:34pm
Quoting MXT
the market is just tanking this goes to show how important it is to have a longer term view alongside the intraday
but, but... we have bad data for USD...
Always trade your own plan...I don't provide trading signals.
  • #33,600
  • Aug 9, 2018 2:34pm Aug 9, 2018 2:34pm
Quoting theDHT
{quote} 5 more pips to the downside, and we'll have an intra day lower low compared to 3 days ago
looks quite likely that it could happen

the big bearish breakout is getting closer and closer
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