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  • #37,981
  • Aug 29, 2018 4:44am Aug 29, 2018 4:44am
Quoting MrW
{quote} Then that would make 5min charting more important? If we trade the hourly we shouod never look at the candle while its open right?
Not what I meant. I watch that candle for over 30mins but wasn't there at the "final whistle".
  • #37,982
  • Aug 29, 2018 4:51am Aug 29, 2018 4:51am
Quoting okshop
Out for dinner (risking a long with –9 pips for the news) close all the shorty when broke out (GL Traders) {image}

http://www.marctomarket.com/2018/08/...-downside.html
  • #37,983
  • Aug 29, 2018 4:53am Aug 29, 2018 4:53am
I close my positions with little green and stay away now until clean from potential spike move by incoming news i.e. US GDP at 8.30 AM NY time.
  • #37,984
  • Aug 29, 2018 4:56am Aug 29, 2018 4:56am
I reckon EURUSD will have a pullback day today, then go back up and test the high from yesterday before making a deeper pullback. It will likely make another huge trading range up here, which will become a reverse head and shoulders.
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  • #37,985
  • Aug 29, 2018 5:00am Aug 29, 2018 5:00am
slow and stressless down trend
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  • #37,986
  • Aug 29, 2018 5:06am Aug 29, 2018 5:06am
Quoting Hioszoe
{quote} Hi Ata, does this mean i.172 won't be seen today till maybe September?
? Have no idea where your question comes from.. And also I couldn't care less.. I see H1 bull divergence building.. On sidelines for a while because bulls might want to retest earlier mentioned highs..

Stay Green
Focus only on what truly matters!
  • #37,987
  • Aug 29, 2018 5:08am Aug 29, 2018 5:08am
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}
I went short yesterday, shall i take some profit and move stop loss as i see some support level coming up.? thanks
  • #37,988
  • Aug 29, 2018 5:16am Aug 29, 2018 5:16am
Quoting Ata-Turkoglu
{quote} ? Have no idea where your question comes from.. And also I couldn't care less.. I see H1 bull divergence building.. On sidelines for a while because bulls might want to retest earlier mentioned highs.. Stay Green
Yes boss noticed double divergence on OSMA too
  • #37,989
  • Aug 29, 2018 5:17am Aug 29, 2018 5:17am
Quoting Magix
But I did say a break and retest for buy opportunities. If support does blow up - coming into the last couple days of the month and a Long weekend... There's a lot of way to back fill the Hidden Gap Below!
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Watching to see if the test will hold...
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #37,990
  • Aug 29, 2018 5:20am Aug 29, 2018 5:20am
Quoting Magix
{quote} {image} Watching to see if the test will hold... {image}
It will right after most think it wont lol
  • #37,991
  • Aug 29, 2018 5:23am Aug 29, 2018 5:23am
Quoting digger1
{quote} It will right after most think it wont lol

Got what I wanted out of it.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #37,992
  • Aug 29, 2018 5:27am Aug 29, 2018 5:27am
Quoting 4experience
slow and stressless down trend {image}
price are testing resistance
  • #37,993
  • Aug 29, 2018 5:27am Aug 29, 2018 5:27am
Quoting Magix
{quote} Got what I wanted out of it. {image}
yep , now just waiting for eod or option expiry time ,you know same ole same ole ,,, no rush my friend
  • #37,994
  • Aug 29, 2018 5:33am Aug 29, 2018 5:33am
good news
  • #37,995
  • Aug 29, 2018 5:34am Aug 29, 2018 5:34am
took a short from 1660 on gdp 20 pip stop 60 pip tp
  • #37,996
  • Aug 29, 2018 5:34am Aug 29, 2018 5:34am
Complete non-reaction to better than expected data - meaning market has already priced it in. Support of 1.1656 (marked specifically on my chart for whatever reason I presume is good) is unbroken really, so I am thinking long here.
  • #37,997
  • Aug 29, 2018 5:37am Aug 29, 2018 5:37am
Quoting bill1985
took a short from 1660 on gdp 20 pip stop 60 pip tp
I hope it goes well. Price is moving in a funny way, not responding to data. Makes me think we might get a better price to short. I hope you get your take profit. Tempted to take the short also, but don't want to be data-dependent.
  • #37,998
  • Aug 29, 2018 5:41am Aug 29, 2018 5:41am
US economy now too strong .... gdp increase to 4.2% .... dont buy Eu .... if buy more crisis in euro .... we will be see

https://www.cnbc.com/2018/08/29/seco...-2018-gdp.html
The Average Discount Everything
  • #37,999
  • Edited 6:07am Aug 29, 2018 5:42am | Edited 6:07am
Price in Triangle. Have to wait for breakout, UP or Down, plus confirmations. Previous Down trend unchanged on M10, M12, M15, M20, M30, H1 and H2.
Only real values: Valid rules, discipline and experience.
  • #38,000
  • Aug 29, 2018 5:43am Aug 29, 2018 5:43am
Quoting Starcraftmaz
Complete non-reaction to better than expected data - meaning market has already priced it in. Support of 1.1656 (marked specifically on my chart for whatever reason I presume is good) is unbroken really, so I am thinking long here.
Careful, this pair tends to trap logical thinkers.
Money is but a tool.
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