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  • #38,121
  • Aug 29, 2018 11:09am Aug 29, 2018 11:09am
I think next move, eu will go to somewhere around 1.167 - 1.168 (based on short term trendlines), then not sure.
  • #38,122
  • Aug 29, 2018 11:09am Aug 29, 2018 11:09am
Sure it's following the H4 trend line nicely, but every trend line eventually gets exhausted and breaks. This is a good area for that to do that, looking at the past.
Especially with trade deals starting to go in US favor and the US economy doing better than expected. The EU doesn't really have news to support continued currency strength.
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  • #38,123
  • Aug 29, 2018 11:10am Aug 29, 2018 11:10am
Quoting JustPipMe
Ata, were you able to establish a long entry? I am long at 1.1692 but my newbyism has me nervous. Not sure why as I only risk 2% per trade... Or as digger would do it = “per trade,,,,,,” i haven’t gone to the ‘Planetry Cycles’ thread yet for positive reinforcement, but I might!!
I was able to jump in at 1.1688.. similar to you.. no worries yet.. bulls are only hesitant.. we maybe end up with either small loss or satisfying profit.. Time will show.. SL at 1.1674..

Stay Green
Focus only on what truly matters!
  • #38,124
  • Aug 29, 2018 11:11am Aug 29, 2018 11:11am
EA limits have move to the 1.1800 area.
  • #38,125
  • Aug 29, 2018 11:15am Aug 29, 2018 11:15am
Quoting mbrown
EA limits have move to the 1.1800 area.
My brain is tiny. Can you elaborate? If not too busy,,,,
A snails pace wins the race :-)
  • #38,126
  • Aug 29, 2018 11:15am Aug 29, 2018 11:15am
Quoting kmic14
We go to 17500. H4 have a nice trend line there. This is my view. there wasn't a very good clear signal for a long sell. just a normal retrace on H4 until SMA 21 with a very nice rejection. {image} {image}
there was signal , and still is until 1.17325 breaks
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yes yes yes
  • #38,127
  • Aug 29, 2018 11:18am Aug 29, 2018 11:18am
Quoting mbrown
EA limits have move to the 1.1800 area.
Makes sense ,, clears this area its only about 2 days range from from here
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  • #38,128
  • Aug 29, 2018 11:30am Aug 29, 2018 11:30am
Looks like a Sideways Market to me, after the Overlap.

Better to go to gym and have a good night´s sleep before tomorrow's battle. I may be wrong, of course. To err is human.

In a Triangle, again.

M10
M3
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Only real values: Valid rules, discipline and experience.
  • #38,129
  • Aug 29, 2018 11:30am Aug 29, 2018 11:30am
Quoting digger1
{quote} Makes sense ,, clears this area its only about 2 days range from from here {image}
Quoting Montrealer
Untill we clear 1.1700-1.1800 zone, very unlikely we go to new lows. EU has more job to finish upside. At least Weekly chart says so. Also there is a 1.9 BLN Option sitting at 1.1625 for tomorrow 10AM NY Cut. Until then we'll be fuc$%ing around that price. I mean 1.16-1.1650 range.
I think we saw the top. Above my post as of Aug 27th. We go down. We can see a spike at 1.1730 that will serve as a double top. But the direction is 1.13
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #38,130
  • Aug 29, 2018 11:33am Aug 29, 2018 11:33am
Entry was at 1.1688.. Moving SL to BE.. zero risk..

Stay Green
Focus only on what truly matters!
  • #38,131
  • Aug 29, 2018 11:35am Aug 29, 2018 11:35am
Quoting Montrealer
{quote} {quote} I think we saw the top. Above my post as of Aug 27th. We go down. We can see a spike at 1.1730 that will serve as a double top. But the direction is 1.13
Anything is possible ,,,, I dont hear no weight challenged woman singing yet tho so Im gonna hold on to a few and see what happens , if they go excellent if not they wont make much lol, Got to make Monty sweat a little anyway so he isint just lobbing trades on whereever anymore ,,
  • #38,132
  • Aug 29, 2018 11:39am Aug 29, 2018 11:39am
Quoting digger1
{quote} Anything is possible ,,,, I dont hear no weight challenged woman singing yet tho so Im gonna hold on to a few and see what happens , if they go excellent if not they wont make much lol, Got to make Monty sweat a little anyway so he isint just lobbing trades on whereever anymore ,,
Lol @making Monty sweat. True, some trades can make you sweat, especially if you went all in. I can imagine people sold 1.166x and now praying 1.17 does not break. Not funny.
  • #38,133
  • Aug 29, 2018 11:42am Aug 29, 2018 11:42am
Quoting Montrealer
{quote} {quote} I think we saw the top. Above my post as of Aug 27th. We go down. We can see a spike at 1.1730 that will serve as a double top. But the direction is 1.13
There is 2 sides to those options , the one that sold it sure as hell dont want to pay it out ,, could be a long ways from there by time the option is due
  • #38,134
  • Aug 29, 2018 11:46am Aug 29, 2018 11:46am
Quoting JustPipMe
{quote} My brain is tiny. Can you elaborate? If not too busy,,,,
Opps. I missed this. I occasionally post pending orders from my best Expert Advisors.
  • #38,135
  • Aug 29, 2018 11:46am Aug 29, 2018 11:46am
Quoting Mitiblotch
{quote} Lol @making Monty sweat. True, some trades can make you sweat, especially if you went all in. I can imagine people sold 1.166x and now praying 1.17 does not break. Not funny.
Lol I never trade EU but 1.66x looked like a good short. Maybe not but luckily only a baby position
I play the trade gamble to feed my Porsche addiction.
  • #38,136
  • Aug 29, 2018 11:54am Aug 29, 2018 11:54am
This is going higher. Breakout through the Top of the Triangle.
M3
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Only real values: Valid rules, discipline and experience.
  • #38,137
  • Aug 29, 2018 11:56am Aug 29, 2018 11:56am
Quoting M3csl
{quote} Lol I never trade EU but 1.66x looked like a good short. Maybe not but luckily only a baby position
Yes, there was a break there but I did not take it because my memory of what happened last week (I wasn't caught in it) served me well. In an uptrend, EU retraced to around 1.153x and we all yelled for a break of 1.15, but after some dancing price shot up. Same thing played out today. In fact PA at 1.165x told me spikes were coming. Immediately after GDP and no fall, my suspicion was confirmed.
  • #38,138
  • Aug 29, 2018 12:00pm Aug 29, 2018 12:00pm
I'm interested to see how price handles 1.1710. That would be a resistance point. Based on an upward trend line drawn on the previous minor pullbacks on the way up. A horizontal line is then drawn from the crossing point. As Ata does it.
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  • #38,139
  • Aug 29, 2018 12:02pm Aug 29, 2018 12:02pm
Quoting Sossos
I'm interested to see how price handles 1.1710. That would be a resistance point. Based on an upward trend line drawn on the previous minor pullbacks on the way up. A horizontal line is then drawn from the crossing point. As Ata does it. {image}
1707 is weekly R1
  • #38,140
  • Aug 29, 2018 12:03pm Aug 29, 2018 12:03pm
Quoting Ata-Turkoglu
{quote} I was able to jump in at 1.1688.. similar to you.. no worries yet.. bulls are only hesitant.. we maybe end up with either small loss or satisfying profit.. Time will show.. SL at 1.1674.. Stay Green
GOOD GOING BRO
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