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EURUSD only

  • #37,001
  • Aug 24, 2018 7:44am Aug 24, 2018 7:44am
earthquake in Peru
  • #37,002
  • Aug 24, 2018 7:47am Aug 24, 2018 7:47am
Congratulations to all buyers! WR3 (1.1635) was reached, a new higher high on the 1h chart. We are still in the uptrend channel, next stop 1.1690 - 1.1720. Link to chart: In The Channel
Risk Management is of utmost importance!
  • #37,003
  • Aug 24, 2018 7:52am Aug 24, 2018 7:52am
Whoever selling eur hit like.

I am not selling waiting for candles to form so that I can buy.
  • #37,004
  • Aug 24, 2018 7:52am Aug 24, 2018 7:52am
Quoting Alishadiya
Thanks is LO open 3am eastern? What time London close in Eastern standard time?
yes
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #37,005
  • Aug 24, 2018 8:05am Aug 24, 2018 8:05am
H1 Status Update

I was already done trading for the day and week, but for those who are still in their long trades: the next target would be 1.1650 area

Oh and not to forget: 1.1616 area seems to be nearest support on H1.. Good luck..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-Outlook.png Size: 40 KB
Focus only on what truly matters!
  • #37,006
  • Aug 24, 2018 8:05am Aug 24, 2018 8:05am
Quoting basit1
Whoever selling eur hit like. I am not selling waiting for candles to form so that I can buy.
I sold and booked 30 pips its the question of knowing when to get in and out
Trades technical moves enforced by fundamentals
  • #37,007
  • Aug 24, 2018 8:10am Aug 24, 2018 8:10am
Well it made more bus stops than i thought... hope you guys had catch some...
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 81 KB
If you don't know how to earn money, don't loose it.
  • #37,008
  • Aug 24, 2018 8:14am Aug 24, 2018 8:14am
Dear Ata ! today, when the red trenline is broken at 1.15670, i step down 5m chart and watch it, but only 2 bear candles before it go up, how can i draw red TL for broken bought only with 2 candles ??? thank for reply
  • #37,009
  • Aug 24, 2018 8:18am Aug 24, 2018 8:18am
Quoting Montrealer
{quote} Nothing is "same" in Mother nature. Most likely you never took Probabilities classes.
I think you are talking about yourself; you seem to not understand probabilities; even if you took classes.

my findings above are from empirical study on EURUSD. Here is my findings:

========================================================
Results of statistical study on daily movements of EURUSD and GBPUSD:
Regardless of the current price in relation to the day open; the probability of the price moving in the same direction; or retracing; is 50%
in other words; whether the market moved by 20 pips above the open; or 80 pips, or 100 pips; the probability of the market continuing in the same direction; or reversing; remain at 50%
The study is from 2015 to date; using daily candles; and also using London session candles
========================================================
  • #37,010
  • Aug 24, 2018 8:24am Aug 24, 2018 8:24am
Quoting Namelessman
Dear Ata ! today, when the red trenline is broken at 1.15670, i step down 5m chart and watch it, but only 2 bear candles before it go up, how can i draw red TL for broken bought only with 2 candles ??? thank for reply
Easy peasy.. check M5 chart below.. I hope it answers your question..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-H5-Outlook.png Size: 40 KB
Focus only on what truly matters!
  • #37,011
  • Aug 24, 2018 8:36am Aug 24, 2018 8:36am
Any recommendation for any paid forex signal provider??
  • #37,012
  • Aug 24, 2018 8:37am Aug 24, 2018 8:37am
Hello guys.
The pair is facing a resistance at 1.1640! What are your plans for next week??
  • #37,013
  • Aug 24, 2018 8:53am Aug 24, 2018 8:53am
Quoting Pollen
Look like bullish https://www.forexfactory.com/showthr...5#post11402495 {image}
Ow yeah, +50pips
https://www.forexfactory.com/showthr...3#post11405083

Attached Image (click to enlarge)
Click to Enlarge Name: POL-EU-47.PNG Size: 34 KB
TMT Scalping System (Best system on FF)
  • #37,014
  • Aug 24, 2018 8:57am Aug 24, 2018 8:57am
Ata, I have another question: you generally look at 1H, then go smaller and smaller TFs for entries? I've been trying that, but I keep reverting to M15 or M5 on my open trades and bite nails. It's not healthy ha ha!
  • #37,015
  • Aug 24, 2018 9:00am Aug 24, 2018 9:00am
long from 1620 stop loss 1600 tp 60 pips

late entry
  • #37,016
  • Aug 24, 2018 9:07am Aug 24, 2018 9:07am
Quoting forexlover20
Any recommendation for any paid forex signal provider??
My advise is not to use any if them. I have never heard of any good coming from them.
I try to read every post you can on this forum and try to learn Atas system.
Ata is working on a tutorial video for us and expects to be ready in a couple of weeks.
  • #37,017
  • Aug 24, 2018 9:09am Aug 24, 2018 9:09am
Quoting vonboettiche
Ata, I have another question: you generally look at 1H, then go smaller and smaller TFs for entries? I've been trying that, but I keep reverting to M15 or M5 on my open trades and bite nails. It's not healthy ha ha!
Yes I always look only at H1 or the higher timeframe to get my signals.. Once I have a signal I quickly step down to M5 and chase a quick precise breakout.. Once I am in I go back to H1 and wait until I can start trailing SL..

Stay Green
Focus only on what truly matters!
  • #37,018
  • Aug 24, 2018 9:26am Aug 24, 2018 9:26am
Quoting Ata-Turkoglu
H1-M5 Quick Status Update Chart is self explanatory.. I call it a day and week.. Monday right after London opening we can decide if we open more longs or switch back to selling.. No panic.. Enjoy your weekend folks.. Stay Green {image}
Monday is bank holiday in London.

London Stock Exchange is closeduntil:

  1. Tuesday, August 28th 2018, 08:00 GMT+0100

  • #37,019
  • Aug 24, 2018 9:29am Aug 24, 2018 9:29am
Quoting forexlover20
Any recommendation for any paid forex signal provider??
I have purchase quite a few courses and indicators and the best one is the FREE one from Ata!
  • #37,020
  • Aug 24, 2018 9:34am Aug 24, 2018 9:34am
Quoting Ata-Turkoglu
{quote} Yes I always look only at H1 or the higher timeframe to get my signals.. Once I have a signal I quickly step down to M5 and chase a quick precise breakout.. Once I am in I go back to H1 and wait until I can start trailing SL.. Stay Green
Awesome. I think I'm literally going to delete the other timeframes. They make me nervous and cause me to sit and watch the trade constantly instead of only checking in every now and again.
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