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EURUSD only

  • #37,681
  • Aug 28, 2018 6:53am Aug 28, 2018 6:53am
Quoting Trade-G
{quote} That's where about the immediate trendline break
But still supported by EMA14, looking if the next M5 swing up has any teeth
  • #37,682
  • Aug 28, 2018 6:56am Aug 28, 2018 6:56am
Moving SL to 1.1719 (+46 pips locked)

Stay Green
Focus only on what truly matters!
  • #37,683
  • Aug 28, 2018 7:00am Aug 28, 2018 7:00am
Quoting londonali
Hi, Im new to trading. In the daily chart price is going up to resistance level...is it a good idea to go short now with stop loss at the next resistance level..? Thanks {image}
NO
You should always wait for some confirmation on trend change, at least on a smaller time frame. Most of the time you will be glad you waited for the confirmations as they may eventually occur but not when you expect them or how you expect them.
  • #37,684
  • Aug 28, 2018 7:01am Aug 28, 2018 7:01am
Quoting Ata-Turkoglu
Moving SL to 1.1719 (+46 pips locked) Stay Green
Good SL region
  • #37,685
  • Aug 28, 2018 7:02am Aug 28, 2018 7:02am
Current week upward move seems fake
I would suggest about 100 pips down before the week ends
Current price as this was posted 1.1724
  • #37,686
  • Aug 28, 2018 7:03am Aug 28, 2018 7:03am
Eu h1
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-08-28 17.03.00_1.jpg Size: 119 KB
yes yes yes
  • #37,687
  • Aug 28, 2018 7:03am Aug 28, 2018 7:03am
What is the best time to trade . I live in north east and if I want to trade ata’s method I obviously miss the LO for he day.
  • #37,688
  • Aug 28, 2018 7:04am Aug 28, 2018 7:04am
Quoting Zerv
Current week upward move seems fake I would suggest about 100 pips down before the week ends Current price as this was posted 1.1724
The upmove is not fake, it happened but if you were to say a strong pullback is in the cards as it went up too much I agree with you
  • #37,689
  • Aug 28, 2018 7:06am Aug 28, 2018 7:06am
Quoting Obaforex
{quote} NO You should always wait for some confirmation on trend change, at least on a smaller time frame. Most of the time you will be glad you waited for the confirmations as they may eventually occur but not when you expect them or how you expect them.
thank you, i'll check lower time frames
  • #37,690
  • Aug 28, 2018 7:09am Aug 28, 2018 7:09am
Quoting Trade-G
{quote} Good SL region
Thanks.. but this time it was a warning from the big guys wanting me to take all my profit and run.. lol.. Just kidding.. But I think it is enough for the day.. I am closing manually at 1.1723.. +50 pips..

Calling it a day.. See you tomorrow after Frankfurt or London open..

Stay Green
Focus only on what truly matters!
  • #37,691
  • Aug 28, 2018 7:10am Aug 28, 2018 7:10am
Quoting mbrown
{quote} Daily EA Sell limit @ 1.17338 ... SL @ 1.17838 ... PT @ 1.14338 and trailing stop can't remember and not going to look at code.
Missed my limit by 0.1 pip! Must mean the price is going to plung without filling me!!! lol
  • #37,692
  • Aug 28, 2018 7:10am Aug 28, 2018 7:10am
Is this little move because of the consumer confidence news on USD?

Normal service to resume shortly?
I play the trade gamble to feed my Porsche addiction.
  • #37,693
  • Aug 28, 2018 7:12am Aug 28, 2018 7:12am
Quoting Trade-G
{quote} The upmove is not fake, it happened but if you were to say a strong pullback is in the cards as it went up too much I agree with you
Thanks for the contribution, sir
By 'fake' I mean the increased price movement happened with strange volume
I predict the USD to finish the week in a plus
  • #37,694
  • Aug 28, 2018 7:13am Aug 28, 2018 7:13am
Quoting Ata-Turkoglu
{quote} Thanks.. but this time it was a warning from the big guys wanting me to take all my profit and run.. lol.. Just kidding.. But I think it is enough for the day.. I am closing manually at 1.1723.. +50 pips.. Calling it a day.. See you tomorrow after Frankfurt or London open.. Stay Green
Thanks Ata! I have to make some big adjustments in my schedule to trade when you are. Just 9am here.
  • #37,695
  • Aug 28, 2018 7:16am Aug 28, 2018 7:16am
I come back just to say we are in down trend now. M5

bye
  • #37,696
  • Aug 28, 2018 7:18am Aug 28, 2018 7:18am
Quoting Beyfor
{quote} Update The market continues performing as anticipated. Wave " V" is approaching its target. {image}
EURO/USD
========

TARGET ACHIEVED : COVER LONG

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 60m.jpg Size: 117 KB
  • #37,697
  • Aug 28, 2018 7:20am Aug 28, 2018 7:20am
Eu folded below weekly r1
yes yes yes
  • #37,698
  • Aug 28, 2018 7:21am Aug 28, 2018 7:21am
Quoting mbrown
{quote} Missed my limit by 0.1 pip! Must mean the price is going to plung without filling me!!! lol
I just added more at 1.1730 to my existing
Trades technical moves enforced by fundamentals
  • #37,699
  • Aug 28, 2018 7:23am Aug 28, 2018 7:23am
Quoting Ata-Turkoglu
{quote} My last answer for you, because it seems like your concerns will never end. Video will solve everything, therefore after this if you still have concerns, you simply live with it until video tutorial is published. Your answer is below. As long as above GREEN LWMA line insist in buying at the correct spots. I repeated so many times that we step down to M5 just before we enter long. So this chart can't display that part. I showed lots of examples and it is the same logic with what you do on H1 actually. So I am not going into that detail. Everything...
Thanks boss. Well understood. The pic makes it clear now. Gracias. God bless you.
  • #37,700
  • Aug 28, 2018 7:25am Aug 28, 2018 7:25am
Before I leave: marking 1.1721 as nearest "Resistance" level.. Good luck and happy trading to all..

Stay Green
Focus only on what truly matters!
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