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EURUSD only

  • #33,621
  • Aug 9, 2018 2:59pm Aug 9, 2018 2:59pm
New Buy Order: 1.1528
SL: 15 pips
TP: Open

One final try.. (no matter how early I post there are always some morons who come up and brag me about posting my SL trailing updates for supposedly being after the fact.. very annoying.. but it is what it is.. Thank God the ignore button exists )

Stay Green
Focus only on what truly matters!
  • #33,622
  • Aug 9, 2018 3:00pm Aug 9, 2018 3:00pm
Quoting Montrealer
{quote} It's rather because European communists are still printing Euros as a drug men need timely heroine injections.
Printing Euros (any money) as a debt does not create inflation or hyperinflation - as you perhaps imagine.
Only real values: Valid rules, discipline and experience.
  • #33,623
  • Aug 9, 2018 3:04pm Aug 9, 2018 3:04pm
Quoting Engr.trader
{quote} Revised in red...lol......looking at around 1.1250 {image}

Or perhaps this
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  • #33,624
  • Aug 9, 2018 3:05pm Aug 9, 2018 3:05pm
Quoting Montrealer
{quote} Wrong. They're communists. Socialists work for INDIVIDUAL PEOPLE. Communists never consider individuals, they consider people as a commune/crowd. That's why European Union is in place - to gather all European individual countries under same communist roof. Over a century it has been proved that it's a pathetic fail project. Sorry for off-topic Ata.
Canada is a great country. You should take some of your profits and visit Europe next summer. You won´t find communists to be the leading political players in Europe. They are here, but irrelevant.
Only real values: Valid rules, discipline and experience.
  • #33,625
  • Aug 9, 2018 3:08pm Aug 9, 2018 3:08pm
Quoting shebalik
Sometimes, after an important break out happens market can show no action as if the resistance still holds. I call this delayed price action. To me 95 is broken in Dollar Index and this means we will see higher values soon. Similarly we should have patience to wait for EURUSD to break out as well 1.1530 level.

Hi All,

Although many didn't see the fact that Dollar Index 95 resistance is broken two days back, now everybody accepted that its broken. Do not get the illusion on delayed price action. If a resistance is broken its broken. The price can go down a little but eventually will go up and continue its trend.

Cheers.
Position Trader
  • #33,626
  • Aug 9, 2018 3:10pm Aug 9, 2018 3:10pm
Quoting Ata-Turkoglu
New Buy Order: 1.1528 SL: 15 pips TP: Open One final try.. (no matter how early I post there are always some morons who come up and brag me about posting my SL trailing updates for supposedly being after the fact.. very annoying.. but it is what it is.. Thank God the ignore button exists ) Stay Green
hi Ata,

don't you think it will not go more down or break this level support??
  • #33,627
  • Aug 9, 2018 3:13pm Aug 9, 2018 3:13pm
Okay.. personally, off topic chatter doesn't annoy me that much when market is calm.. so I let it slip on idle hours and weekends, but yes inside busy hours we keep focusing on EURUSD..

Stay Green
Focus only on what truly matters!
  • #33,628
  • Aug 9, 2018 3:17pm Aug 9, 2018 3:17pm
Quoting Lcky
{quote} hi Ata, don't you think it will not go more down or break this level support??
For now, imho, as long as H1 candles open below 1.1557 it still can drop lower.. H1 chart is extremely bearish.. I just risked a buy with minor expectation that market could take a breath at 200% fib level.. Trade based on your own calculations please.. good luck..

Stay Green
Focus only on what truly matters!
  • #33,629
  • Aug 9, 2018 3:19pm Aug 9, 2018 3:19pm
Quoting Ata-Turkoglu
{quote} For now, imho, as long as H1 candles open below 1.1557 it still can drop lower.. H1 chart is extremely bearish.. I just risked a buy with minor expectation that market could take a breath at 200% fib level.. Trade based on your own calculations please.. good luck.. Stay Green
Attempting to catch the falling knife, I know the temptation all too well. Hope it works!!!
  • #33,630
  • Aug 9, 2018 3:19pm Aug 9, 2018 3:19pm
still in the trade , 1.15140 is the updated sl by margin call . today low was 10 pips from there .
if they break from here It will not change even if I have 50
Attached Image(s) (click to enlarge)
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yes yes yes
  • #33,631
  • Aug 9, 2018 3:19pm Aug 9, 2018 3:19pm
Quoting Slt93
{quote} Printing Euros (any money) as a debt does not create inflation or hyperinflation - as you perhaps imagine.
Depends on production capacity, duration of printing and, the most important, OVERNIGHT RATE DIFFERENCE. By the end of the year EUR/USD will become a reverse CARRY TRADE currency pair.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #33,632
  • Edited 3:43pm Aug 9, 2018 3:22pm | Edited 3:43pm
Quoting Sossos
{quote} Attempting to catch the falling knife, I know the temptation all too well. Hope it works!!!
Not everybody can do it.. I trust my expertise level.. and of course it hurts less or not at all when you wear protective gloves.. but you are right, still highly risky..

But.... check out H1 chart below and tell me if that structure couldn't support me in catching the knife.. what do you think?

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-FallingKnife.png Size: 64 KB
Focus only on what truly matters!
  • #33,633
  • Aug 9, 2018 3:22pm Aug 9, 2018 3:22pm
Quoting Ata-Turkoglu
{quote} For now, imho, as long as H1 candles open below 1.1557 it still can drop lower.. H1 chart is extremely bearish.. I just risked a buy with minor expectation that market could take a breath at 200% fib level.. Trade based on your own calculations please.. good luck.. tay Green
thanks a lot but your inputs always means a lot to us so appreciate your sharing and support.

peace
  • #33,634
  • Aug 9, 2018 3:30pm Aug 9, 2018 3:30pm
To me the game is not over yet for EURUSD. Bears need to see 1.1470 broken to close the screens and go on vacation.
Position Trader
  • #33,635
  • Aug 9, 2018 3:31pm Aug 9, 2018 3:31pm
Quoting Ata-Turkoglu
{quote} Not everybody can do it.. I trust my expertise level.. and of course it hurts less or not at all when you wear protective gloves.. but you are right, still highly risky.. Stay Green
I have that level as 1.1618 of the B leg of an ABC correction. Anything is possible!!!

A was Mon_Wed, B from Wed night.

It's also 1.1618 in Time against the prior major retrace, a couple weeks ago.
  • #33,636
  • Aug 9, 2018 3:34pm Aug 9, 2018 3:34pm
My view H4 Euro .... more leg down can be happen ...stay green ..

Attached Image (click to enlarge)
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  • #33,637
  • Aug 9, 2018 3:51pm Aug 9, 2018 3:51pm
Quoting Moty
still in the trade , 1.15140 is the updated sl by margin call . today low was 10 pips from there . if they break from here It will not change even if I have 50 {image} {image}
i cant sleep if i were you , but i guess some guy are born tough
Take What You Can , Give Nothing Back
  • #33,638
  • Aug 9, 2018 3:52pm Aug 9, 2018 3:52pm
guys if we wonna stay green

we gotta stay short
  • #33,639
  • Aug 9, 2018 4:02pm Aug 9, 2018 4:02pm
something was really cooking
  • #33,640
  • Aug 9, 2018 4:03pm Aug 9, 2018 4:03pm
Winner winner chicken dinner. Nice call
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