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  • #35,321
  • Aug 17, 2018 1:26am Aug 17, 2018 1:26am
Went long on EU
https://www.forexfactory.com/showthr...3#post11378233

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TMT Scalping System (Best system on FF)
  • #35,322
  • Aug 17, 2018 1:28am Aug 17, 2018 1:28am
Quoting stevepatt
{quote} Hi PatienceFx, Price stalled at the 1.14000 RN yesterday. Why enter a Long Trade 19 pips short of the RN into all that congestion? If the RSI is telling you to do that my advice is to remove it.
i am going to keep my long as i am confident it can go up
  • #35,323
  • Aug 17, 2018 1:31am Aug 17, 2018 1:31am
Quoting stevepatt
{quote} EUR/USD H1 Observations. As Retail Traders we should be following Price not trying to predict it.... {image}
Most sensible thing I've read in quite a while. I don't intend to detract in any way from ATA's methods but this forum spends a lot of time with posts about the various author's predictions about what might be about to happen to EURUSD rather than focusing on what is happening right now. My trading improved markedly when I learnt to follow the price. Instead of trying to buy low and sell high I have improved my performance by following price ie Buy high with a view to selling higher or sell low with a view to covering lower still. It seems overly simplistic but I read a quote from one of the revered all time traders (might have been Soros but I have been unable to find t again to give accurate credit) which basically declared that trading is simple - Buy when a commodity's price is going up and sell when it is going down.
NB He didn't claim it was easy - but simple.
  • #35,324
  • Aug 17, 2018 1:33am Aug 17, 2018 1:33am
Let's go with the atr projection strategy.
23 pips allready in the asian session , adr is about 63-66 pips , so we left with 40 pips left , break up lead right to my tp

**********

Edit : breakup before lo .
is that a sign or trap ?
I belulive a sign.
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yes yes yes
  • #35,325
  • Aug 17, 2018 1:34am Aug 17, 2018 1:34am
Quoting PatienceFx
{quote} i am going to keep my long as i am confident it can go up
I am long too from 1.1383-1.1386
MRMALIK1
  • #35,326
  • Aug 17, 2018 1:42am Aug 17, 2018 1:42am
Quoting PatienceFx
{quote} i am going to keep my long as i am confident it can go up

Hi PatienceFx,

Of course Price can go up from where it is but at this time it could go either way.

It's just odd to Enter a Long Trade into that much congestion.

Good luck...
  • #35,327
  • Aug 17, 2018 1:42am Aug 17, 2018 1:42am
Quoting PatienceFx
{quote} i am going to keep my long as i am confident it can go up
convergence and breakout best explained on m15, my 816 trade hit trailing stop and closed +2 had to re-enter again
Attached Image (click to enlarge)
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  • #35,328
  • Aug 17, 2018 1:44am Aug 17, 2018 1:44am
Quoting stevepatt
{quote} Hi PatienceFx, Of course Price can go up from where it is but at this time it could go either way. It's just odd to Enter a Long Trade into that much congestion. Good luck...
that occured because of h1 100 sma, its broken up now, only a break below can negate my view
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  • #35,329
  • Aug 17, 2018 1:49am Aug 17, 2018 1:49am
opened SHOrT at 1.13935 tp 1.1360 sl 1.1402 (15 min candle close) than I will open LONG
  • #35,330
  • Aug 17, 2018 1:50am Aug 17, 2018 1:50am
Quoting stevepatt
{quote} Hi PatienceFx, Of course Price can go up from where it is but at this time it could go either way. It's just odd to Enter a Long Trade into that much congestion. Good luck...
eu will face its resistance at 1400 so i can safely tp there for +15 if that happens
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  • #35,331
  • Aug 17, 2018 1:54am Aug 17, 2018 1:54am
Quoting okshop
H1 eu {image}
M5/m15/m30/H1 all up time to Tag the H4 close in 2 hours (down for 132 hours) at 1.1411
Self discipline It is a practice
  • #35,332
  • Aug 17, 2018 2:05am Aug 17, 2018 2:05am
Good morning,

There is bullish potential , may be ...may be ..EU just bottomed out...but I will wait till CPI data to go long or bad data .. we might re test 1.1301 or could break down to 1.12 . handle. imo.

Stay Green
Trades technical moves enforced by fundamentals
  • #35,333
  • Aug 17, 2018 2:14am Aug 17, 2018 2:14am
Quoting majorpairs
opened SHOrT at 1.13935 tp 1.1360 sl 1.1402 (15 min candle close) than I will open LONG
closed at 1.1384 waiting for price to lead the way
  • #35,334
  • Aug 17, 2018 2:27am Aug 17, 2018 2:27am
No offense for bulls here but I would still insist in selling.. But no rush dear bears.. Based on H1, London Opening candle has not closed yet. Candle price is also still above 54 (Shifted 2) LWMA.. So, bias wise: I am waiting patiently for a Blue TL breakout to prepare a sell setup..

But... if later, price rises easily above London Opening level: 1.13855, then I would switch to buying swing lows..

Stay Green
Focus only on what truly matters!
  • #35,335
  • Aug 17, 2018 2:34am Aug 17, 2018 2:34am
Guys don't you think (some of you) sometimes that you are part of these advice with these over postings!?
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  • #35,336
  • Aug 17, 2018 2:42am Aug 17, 2018 2:42am
My idea is according to h4 price above 1.1410 can go to 1.1460 easily my sell try will be 1.1408 and so far im already sell for 1.1345 i plan to close some of them if we go and remainin amount trailing with + stop till 1.1130 time will show what will happen
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  • #35,337
  • Aug 17, 2018 2:45am Aug 17, 2018 2:45am
Eu 1m
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yes yes yes
  • #35,338
  • Aug 17, 2018 2:45am Aug 17, 2018 2:45am
Quoting Ata-Turkoglu
No offense for bulls here but I would still insist in selling.. But no rush dear bears.. Based on H1, London Opening candle has not closed yet. Candle price is also still above 54 (Shifted 2) LWMA.. So, bias wise: I am waiting patiently for a Blue TL breakout to prepare a sell setup.. But... if later, price rises easily above London Opening level: 1.13855, then I would switch to buying swing lows.. Stay Green
Hi Ata, the 60 MA is very similar to the 54 (Shifted 2) LWMA, is their any particular reason you so specific to this?
  • #35,339
  • Aug 17, 2018 2:46am Aug 17, 2018 2:46am
summary on m5 continue scalping
  • #35,340
  • Aug 17, 2018 2:46am Aug 17, 2018 2:46am
Quoting Ata-Turkoglu
No offense for bulls here but I would still insist in selling.. But no rush dear bears.. Based on H1, London Opening candle has not closed yet. Candle price is also still above 54 (Shifted 2) LWMA.. So, bias wise: I am waiting patiently for a Blue TL breakout to prepare a sell setup.. But... if later, price rises easily above London Opening level: 1.13855, then I would switch to buying swing lows.. Stay Green
Yeah tough for bull specially not for bear, a possible diamond, small though, so retest swing low for validation before test swing high if not work this bear for new lows. Present range 1.1396 to 1.1364/59 before all action/reaction low first likely then reaction high next to try real bull signal levels 1.1429/46.nay not any classic in such a Friday! thanks.fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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