EURUSD only

Thank you. I had missed these posts.

maybe some support near 1.1375, you see anything there?

The short term Bears are temporarily in control. The Long term Bears are in a temporary rest phase. The medium term Bulls will gain temporary control soon.

So far so good

[quote=Beyfor;11385131]{quote} {image}[/

Hi Beyfor,
Could you please share the Trend momentum indicator on your chart

thanks

yes, 76 seems like it has some confluence, I am short from 21 for 75-80 area, I thought that if we get some closes below 09 we may drop a bit quicker... I also thought GU would be weaker, I am short 1.2745, it looks like its being propped up and ill likely get tagged b.e.

that will really F me off if it does stop me b.e and drop, its done 13.5 pips in almost 40 mins, what a drag.

Today's M5 Entries (Only for my followers)

Below chart shows all the potential entries we had after the H1 Blue TL breakout.. In total we had 4 chances.. And then some of you could exit at 1.1405 area or let shorts run after moving SL to BE.. In any case we have profit and/or zero risk after selling the Blue TL breakout on M5.. Easy peasy..

Stay Green

hoping to get a push to 3970 area so i am still in with SL at BE

H1 Status Update

I also moved Cloned LO line to nearest swing high now. While below it no buying. Bull attacks will be probably towards 1.1423 area..

Notice that candles don't want to close below 54 LWMA.. that is a signal to either take profit and wait for a break or to bring SL as close as it gets until bulls stop us out so that we don't give back most of our profits from selling.

Stay Green

I am short from 1.1419 stop loss is AT Be and left the trade to run. Either it will go down to my target or hit my Sl....no worries...free trade
Thanks ATA..

what is m4 and m6 stand for thanks

M4 is the 4 Minute chart and the M6 is the 6 Minute chart.

On the MetaTrader 5 platform the Minute charts are M1, M2, M3, M4, M5, M6, M10, M12, M15, M20 and M30.
The Hourly charts are H1, H2, H3, H4, H6, H8 and H12.

target reached for +21 pips. I may have taken profit too early but whats wrong with +21 pips to start the Monday. might short again at 4100 area.

TO hit target was weekly pivot

All short out , 1.14050 .
Made a mistake there , sham that i didn't put tp on weekly pivot 1.13950 , 10 pips lost there.
Now took long 1.14050

got a long position @ 1402 (55 EMA)
TP: 1445
SL: 1362

Last chance bounce perhaps and a better short level over 1.1433 OK may come again.

Hi Luzbay,
I don't imagine that the way I trade would suit many traders but I will answer your questions. I have developed a trading system around the following simple criteria. I do not use indicators, oscillators, moving averages nor do I consider the phases of the moon or tides when contemplating a trade.
I only trade the EURUSD and make my decisions based on the H1 chart only. If the bid is quoted above the opening bid of the current day AND above the high of the most recently closed H1 bar I take a long position (consisting of 2 trades). If the bid is quoted below the opening bid of the current day AND below the low of the most recently closed H1 bar I take a short position (consisting of 2 trades). I enter without an initial stop loss secure in the knowledge that if the market reverses beyond the daily open then the position will be hedged with a position in the opposite direction. Meanwhile as soon as a position is in profit 10 pips I close one of the two trades and set the stop loss on the other so as to protect 1 pip. Once a long (or short) position is opened I will refrain from taking any further positions in that direction until the former remaining trade is protected. Using this method I trade 24 hours a day 5 days a week and I don't care where the market goes - I simply follow along. From time to time I close out the opposing hedged trades for a small loss and if I feel like it a profitable trade sufficient to smooth our my equity curve.
When I am fortunate enough to observe retrospectively that I have enjoyed a good steady trend then I take bulk profitable trades off the table when opposing positions start to accumulate without being stopped out. Whilst waiting for a good trend to eventuate my small losses are offset by the trades that have been closed for 10 pip profits (supplemented by 1 pip profits whenever the market has subsequently reversed).
As you can see therefore chart patterns and higher highs accompanied by higher lows or vice versa are of no interest to me.
I hope I have answered your query and thank you for your interest.

oh..sad moty good luck next time i put the TP at weekly pivot 1.1396. TP got hit

this is breakout symptom, keep playing safe. Just short trade.
wait for my next accurate signal for EU here.