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EURUSD only

  • #34,941
  • Aug 15, 2018 10:14am Aug 15, 2018 10:14am
Trying to find news which caused the spike, can't find anything good - maybe https://twitter.com/DailyFXTeam/stat...47141231685632 ?
  • #34,942
  • Aug 15, 2018 10:14am Aug 15, 2018 10:14am
Hi Guys, I got in on the sell side of things eventually, currently 230 pips plus on my sell trade. Significant is a break below my yearly pivot at 1.14774. A good break above my descending magenta trendline could spell a short term end to the current downside. What would support this case is that we are trading off support areas. My weekly support 1 at 1.13204 and also below monthly support 3 at 1.13631. Very seldom that Eu reaches monthly support/ resistance 3 so it certainly has been a good run for Eu on the sell side. Further downside I will not sell into. Further down 1.1230 to 1.12368 could see a nice bounce upwards.

Trade well
Cheers
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Trade to trade another day
  • #34,943
  • Aug 15, 2018 10:15am Aug 15, 2018 10:15am
was there any unexpected news, what is hapepning?
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  • #34,944
  • Aug 15, 2018 10:17am Aug 15, 2018 10:17am
It's going up.
  • #34,945
  • Aug 15, 2018 10:22am Aug 15, 2018 10:22am
Rejection at today's LO so far..
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #34,946
  • Aug 15, 2018 10:23am Aug 15, 2018 10:23am
Quoting Sossos
{quote} Lots of works to get that done. Ata fans thank you
brother took me hours to compile that ATA is working hard for us and i thought i should do something too........
thanks
MRMALIK1
  • #34,947
  • Aug 15, 2018 10:24am Aug 15, 2018 10:24am
was that the news about Turkey?
  • #34,948
  • Aug 15, 2018 10:27am Aug 15, 2018 10:27am
Quoting SPeedFANat1c
was there any unexpected news, what is hapepning?{image}
https://www.forexfactory.com/news.php?do=news&id=807658
Zip
  • #34,949
  • Aug 15, 2018 10:28am Aug 15, 2018 10:28am
Quoting bill1985
was that the news about Turkey?
yes, but i believe it to be a knee jerk reaction. big difference between "pledging" and doing imo..
Zip
  • #34,950
  • Aug 15, 2018 10:28am Aug 15, 2018 10:28am
Quoting mrmalik1
{quote} brother took me hours to compile that ATA is working hard for us and i thought i should do something too........ thanks
Ata could include it in his PDF book that he is writing now. I know how long it took just to get thru 150 pages and replicate the same thing on my chart. You went thru 10 times as many. I'm sure many traders will learn from it.
  • #34,951
  • Aug 15, 2018 10:33am Aug 15, 2018 10:33am
Quoting Piptaker64
{quote} yes, but i believe it to be a knee jerk reaction. big difference between "pledging" and doing imo..

totally F'ed my short trade up now i will have to be short sub 1300 lv's

disappointing
  • #34,952
  • Aug 15, 2018 10:38am Aug 15, 2018 10:38am
eu 15m
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yes yes yes
  • #34,953
  • Aug 15, 2018 10:39am Aug 15, 2018 10:39am
Hello!

I would like to invite you to view a mid-week analysis I made due to the circumstances . Here is the link: The 3rd Motive Wave Is Completed
Risk Management is of utmost importance!
  • #34,954
  • Aug 15, 2018 10:40am Aug 15, 2018 10:40am
The path of least resistence is definitely south. This is not the same as saying the price is going down, price does what it does.
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  • #34,955
  • Aug 15, 2018 10:48am Aug 15, 2018 10:48am
I think a nod of appreciation to that familiar thing on the weekly wouldn't go amiss.
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  • #34,956
  • Aug 15, 2018 10:50am Aug 15, 2018 10:50am
Quoting mrmalik1
Tribute to the great teacher....a THANKSGIVING post to ATA... I have compiled all his post from page 1463-1707. All his posts with charts have been compiled in one PDF and the other PDF is only charts for learning purposes for the new comers and they don't need to go page by page to search the posts.. I have also added some good and informational post by other senior members of the forum like TEEK Here is it and enjoy reading and practicing... I have seen few posts of few people who were saying that ATA is getting paid by the website by bringing...
This is beautiful...Thank you very much... we will be using this before the master's own gets ready
  • #34,957
  • Aug 15, 2018 10:57am Aug 15, 2018 10:57am
Given the weekly price structure the odds are that is a runaway gap on the weekly. Need not be too much of a concern for short timeframe traders but worth keeping in the back your your mind.

Quoting RCtrader
Hello! I would like to invite you to view a mid-week analysis I made due to the circumstances . Here is the link: The 3rd Motive Wave Is Completed
Why not take a screen grab and post it it here?
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  • #34,958
  • Aug 15, 2018 11:02am Aug 15, 2018 11:02am
Quoting mbrown
Given the weekly price structure the odds are that is a runaway gap. Need not be to much of a concern for short timeframe traders but worth keeping in the back your your mind. {quote} Why not take a screen grab and post it it here? {image}
What time zone are you on? EST charts do not appear to have this gap is why I ask.
  • #34,959
  • Aug 15, 2018 11:04am Aug 15, 2018 11:04am
Quoting skillz16
{quote} What time zone are you on? EST charts do not appear to have this gap is why I ask.
ICMarkets so that is GMT+2.
  • #34,960
  • Aug 15, 2018 11:07am Aug 15, 2018 11:07am
My vision for market.
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