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Attachments: EURUSD only
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EURUSD only

  • #38,381
  • Aug 30, 2018 5:37am Aug 30, 2018 5:37am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 28 KB
  • #38,382
  • Aug 30, 2018 5:41am Aug 30, 2018 5:41am
Quoting SirMcPip
The move to 1.20 should be accelerating shortly. {image}
Next Target: 1,1792
  • #38,383
  • Aug 30, 2018 5:41am Aug 30, 2018 5:41am
Meanwhile I went long after Aggressive RED TL breakout on M5: 1.16985

SL: 20 pips
TP: Open for now..

And yes LO Original line may interfere.. so let's see how it goes..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: H1-M5-Outlook.png Size: 68 KB
Focus only on what truly matters!
  • #38,384
  • Aug 30, 2018 5:43am Aug 30, 2018 5:43am
Quoting PatienceFx
{image}
booked +5
  • #38,385
  • Aug 30, 2018 5:46am Aug 30, 2018 5:46am
Quoting Ata-Turkoglu
{quote} The H1 chart COMES FIRST.. you maybe think you are entering correct based on M5... but that is not the point.. The very first question to ask is: Is H1 telling you to go short or long? If yes then you short based on M5.. or vice versa in a bullish scenario.. Stay Green
Wouldn't the TF you followed in order to enter be based on the time stamp of the open order? You have clearly explained the use of the Hourly and "moving down to 5m" the moment you do that, the price is still the same isn't it? The difference in TF are many but most don't enter on the close of the tf they are looking at. So, If I am looking at the hourly and then move to 5m and open my order at the close of a 5min candle then I have placed it based on that TF. I under the trendline theory and matching directions is the key between the tf's but the timestamp determines which tf you are using.
  • #38,386
  • Aug 30, 2018 5:51am Aug 30, 2018 5:51am
Quoting skassacomput
{quote} Ata, why on yout 5m the angle of red tl is 306°-307° and not 320°-327°(with this angles the breakout is not in the way)?
It is the M5.. I checked previous candles from the past and picked a good angle based on average and cloned it to current candles.. again: On M5 I don't care for precise angles.. pick anything that is not horizontal and not too steep and Bob is your uncle.. you can simply draw from high to high or from close to close or whatever angle you like on M5.. just try to catch a breakout.. simple as that!

Check M5 chart below.. I drew all sorts of angles.. that's what you are worried about: 3 pips!

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: M5Entry.png Size: 24 KB
Focus only on what truly matters!
  • #38,387
  • Aug 30, 2018 5:51am Aug 30, 2018 5:51am
Quoting Ata-Turkoglu
Meanwhile I went long after Aggressive RED TL breakout on M5: 1.16985 SL: 20 pips TP: Open for now.. And yes LO Original line may interfere.. so let's see how it goes.. Stay Green {image}
I think a H1 close above 1703 would be great for bulls!
  • #38,388
  • Aug 30, 2018 6:00am Aug 30, 2018 6:00am
I guess it's the lira not letting EU to stand on it's feet. another 3% down today . imo

some big EU banks are exposed to lira.
Trades technical moves enforced by fundamentals
  • #38,389
  • Aug 30, 2018 6:01am Aug 30, 2018 6:01am
Quoting MrW
{quote} Wouldn't the TF you followed in order to enter be based on the time stamp of the open order? You have clearly explained the use of the Hourly and "moving down to 5m" the moment you do that, the price is still the same isn't it? The difference in TF are many but most don't enter on the close of the tf they are looking at. So, If I am looking at the hourly and then move to 5m and open my order at the close of a 5min candle then I have placed it based on that TF. I under the trendline theory and matching directions is the key between the tf's...
Yes exactly.. a close is a must (we can also include anticipated closings based on skill and experience) but the logic is always the same: closing price of larger timeframe sets the tone!

Stay Green
Focus only on what truly matters!
  • #38,390
  • Aug 30, 2018 6:03am Aug 30, 2018 6:03am
Quoting post
I guess it's the lira not letting EU to stand on it's feet. another 3% down today . imo some big EU banks are exposed to lira.
How do you mean, please?
  • #38,391
  • Aug 30, 2018 6:04am Aug 30, 2018 6:04am
Quoting aarash
{quote} I think a H1 close above 1703 would be great for bulls!
I wait for a close above today's London Opening price: 1.1702, which is almost same with your number.. tomato tomAHto..

Stay Green
Focus only on what truly matters!
  • #38,392
  • Aug 30, 2018 6:06am Aug 30, 2018 6:06am
Quoting bigiivan
{quote} We are still below LO. Should we are worried?
You see.. LO trendlines can be a pain..

Stay Green
Focus only on what truly matters!
  • #38,393
  • Aug 30, 2018 6:06am Aug 30, 2018 6:06am
The hour is still refusing to close above LO. Still waiting.
  • #38,394
  • Aug 30, 2018 6:08am Aug 30, 2018 6:08am
there is a german cpi that is red impact at 8am est on fxstreet its not present on the forex factory calendar


why?
  • #38,395
  • Aug 30, 2018 6:08am Aug 30, 2018 6:08am
Quoting Mitiblotch
{quote} How do you mean, please?
Spain’s BBVA, Italy’s UniCredit and France’s BNP Paribas, which all have significant operations in Turkey, as particularly exposed,
Trades technical moves enforced by fundamentals
  • #38,396
  • Aug 30, 2018 6:11am Aug 30, 2018 6:11am
hmm........
Attached Image (click to enlarge)
Click to Enlarge Name: Technical-Analysis.jpg Size: 326 KB
  • #38,397
  • Aug 30, 2018 6:12am Aug 30, 2018 6:12am
All the SM bots are probably getting confused about the price dangling around the MA. Hence the choppiness =] Ha. Ha.
  • #38,398
  • Aug 30, 2018 6:12am Aug 30, 2018 6:12am
Dear , Ata ! just a little question! but do you think choppy, sideway mk is your system weekness ??? yesterday you was stopped out at BE twice and now you are red-ing just a fun ques ! thank you
  • #38,399
  • Aug 30, 2018 6:12am Aug 30, 2018 6:12am
sell stop on standby
Attached Image (click to enlarge)
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Self discipline It is a practice
  • #38,400
  • Aug 30, 2018 6:13am Aug 30, 2018 6:13am
we are hitting support.
If it breaks , trend will change one more time !
so good area for buying !!
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