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EURUSD only

  • #38,841
  • Aug 31, 2018 5:00am Aug 31, 2018 5:00am
Smaller Triangle, maybe?
Only real values: Valid rules, discipline and experience.
  • #38,842
  • Aug 31, 2018 5:00am Aug 31, 2018 5:00am
Quoting meugampong
{quote} when u think and entry on that level myabe price making some drop.. then after SL hit they began rising.. lol.. dont thingking and guessing to much.. market is full manipulation.. price action is the key.. supply and deman is a nut.. lol
Agood average finds it self around the action a lot of the time ,,,,,,, it still comes down to a horizontal level ,,, it had a failure at W r1 was then caught by last weeks high , nothing more nothing less ,, but some big levels around here ,, once sorted the averages will keep you going the right way ,, a close above or below dosent mean a whole lot in the current area ,, a level top or bottom has to give out then it will be off and running again
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  • #38,843
  • Aug 31, 2018 5:01am Aug 31, 2018 5:01am
Inserted Video
  • #38,844
  • Aug 31, 2018 5:02am Aug 31, 2018 5:02am
Quoting vonboettiche
I don't know how to trade this.
That's not necessarily a bad thing!

I personally never take trades when I am unsure. I have tried to ween myself of feeling like I 'need' to be in the market, which I definitely used to feel like I did.

Perhaps an idea would be to take a totally clean chart and mark out areas that interest you, then sit back and wait for price to reach it (for both bull and bear scenarios). At some point, the price has to reach one of your areas of interest, by which time you can think about what type of trade you would like to take when it gets there.

Just a thought
  • #38,845
  • Aug 31, 2018 5:06am Aug 31, 2018 5:06am
Quoting Ata-Turkoglu
H1-M5 Status Update Wishy washy priceaction at H1 BLUE TL breakout area.. still not clear enough to think bearish! LO Original trendline is also interfering and acting supportive.. More coffee Stay Green {image}
Hi Ata, good remedy "coffee" hhahaha. My mother was in Turkey around 1960. She always said never had such a good coffee. Don´t tell me you all go to Starbucks nowadays hahaha.

Keep up the good work.
POSTMASTER
  • #38,846
  • Aug 31, 2018 5:07am Aug 31, 2018 5:07am
Quoting Luzbay
{quote} That's not necessarily a bad thing! I personally never take trades when I am unsure. I have tried to ween myself of feeling like I 'need' to be in the market, which I definitely used to feel like I did. Perhaps an idea would be to take a totally clean chart and mark out areas that interest you, then sit back and wait for price to reach it (for both bull and bear scenarios). At some point, the price has to reach one of your areas of interest, by which time you can think about what type of trade you would like to take when it gets there. Just...
Thanks, sitting out is what I probably should do. My problem: It looks like a trend forms, gets confirmed with a few candles, and then, sike.
I guess the difficult part is actually identifying when I should sit out, or rather when markets are choppy like this.

Edit: I look like market just keeps ranging in very strict 'boxes'. But the pip range on these boxes is so short, it probably isn't worth trading it anyway (or by using a really tiny SL). I don't know, my 2 cents. Still learning =]

Edit2: So the trick is to identify these ranges asap I guess
  • #38,847
  • Aug 31, 2018 5:09am Aug 31, 2018 5:09am
Quoting vonboettiche
I don't know how to trade this.

Then dont just step back and watch and learn from the moves/patterns use your trend line's my friend

  • #38,848
  • Aug 31, 2018 5:10am Aug 31, 2018 5:10am
buy 1666
sl 1663
  • #38,849
  • Aug 31, 2018 5:11am Aug 31, 2018 5:11am
Just added to my short @ 1.16649, S/L @ 30PIP

Will move to BE at 1.1635x.

Moved S/L previous short to +3Pips.

Grtz
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What's that smell? ---- I smell money!
  • #38,850
  • Aug 31, 2018 5:13am Aug 31, 2018 5:13am
Quoting 4experience
buy 1666 sl 1663

bearish !!!
  • #38,851
  • Aug 31, 2018 5:14am Aug 31, 2018 5:14am
Short 1.16702 at BE
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  • #38,852
  • Aug 31, 2018 5:14am Aug 31, 2018 5:14am
Right on time: off another cliff.
Only real values: Valid rules, discipline and experience.
  • #38,853
  • Edited 5:25am Aug 31, 2018 5:14am | Edited 5:25am
-25 pips loss cashed out.. adding to my collection of bad Fridays..

BLUE TL has been broken.. you can trade the sellout just like before.. I personally pause trading today.. at least for some 3 hours

Stay Green
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Focus only on what truly matters!
  • #38,854
  • Aug 31, 2018 5:17am Aug 31, 2018 5:17am
Quoting Ata-Turkoglu
-25 pips loss cashed out.. adding to my collection of bad Fridays.. BLUE TL has been broken.. you can trade the sellout just like before.. I personally pause trading today.. at least for some 3 hours Stay Green
Sorry to hear that ata, but you'll dig your way out I know
What's that smell? ---- I smell money!
  • #38,855
  • Aug 31, 2018 5:20am Aug 31, 2018 5:20am
Quoting meugampong
https://www.youtube.com/watch?v=sf5hCob7XGM
Funny ha
All charts/ideas based on UK time zone
  • #38,856
  • Aug 31, 2018 5:20am Aug 31, 2018 5:20am
Quoting Mitiblotch
{quote} I hear you sir. Reason why I'm not in a trade right now. Indicators plus lines telling me sell, my heart and some other factors saying buy. I hate such conflicts. DECISION: Staying out until there's harmony. Lol...
Levels levels levels ,, buying and selling ,, mkt has been getting sold since failure at Wr1,, bout as clear as I can make market mkt mechanics lol,, mkt does what??? goes thru a level retests it and moves on or it dont ,, thats the mkts
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  • #38,857
  • Aug 31, 2018 5:21am Aug 31, 2018 5:21am
Quoting SteFX85
Just added to my short @ 1.16649, S/L @ 30PIP Will move to BE at 1.1635x. Moved S/L previous short to +3Pips. Grtz {image}
Barbecue on the weekend folks,

The bulls are cooked

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  • #38,858
  • Aug 31, 2018 5:21am Aug 31, 2018 5:21am
Got back in @ about same price when m5 macd &osma turned bearish again. SL @ BE+1 now.
Better to wait out that pullback. That type normally spike out SL only to turn and move in your direction. I hate that.
  • #38,859
  • Aug 31, 2018 5:23am Aug 31, 2018 5:23am
I don't trade the 10 minute chart, but this gives a bit of a clearer picture of what's happening, short term.

It still appears to be respecting the bearish levels from the recent downwards move.
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  • #38,860
  • Aug 31, 2018 5:23am Aug 31, 2018 5:23am
Quoting Ata-Turkoglu
-25 pips loss cashed out.. adding to my collection of bad Fridays.. BLUE TL has been broken.. you can trade the sellout just like before.. I personally pause trading today.. at least for some 3 hours Stay Green

that is too bad to stop now because we just have to wait PB on 1664 for selling safe
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