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EURUSD only

  • #38,921
  • Aug 31, 2018 4:44am Aug 31, 2018 4:44am
Quoting meugampong
pleaseeee break down.. {image}
HOPE
  • #38,922
  • Aug 31, 2018 4:49am Aug 31, 2018 4:49am
Someone or something is sitting at the 1.1645 level absorbing every sell order that comes it's way. Just like yesterday.
  • #38,923
  • Aug 31, 2018 4:50am Aug 31, 2018 4:50am
Quoting Ata-Turkoglu
{quote} A Short Lecture About Duality First of all, I have no bias at the moment.. I am also not advocating any bulls.. BUT.... just to answer your question let's think from a bullish perspective for a while.. let's see what they might be seeing.. So here on the H1 chart below I filtered out everything that is bearish and only focused on bullish elements.. I hope it helps you to understand why there are various views in the market.. To all newbies: Every medallion has two sides.. no matter how sure you are about one thing, be open minded and tolerant...
According to your system:

1- 54 LWMA is dropping (Bearish).
2- LO points down. (Bearish)
3- Price is under 54 LWMA (Bearish)
4- Price is under LO Line. (Bearish).
5- Price has broken the Blue Trendline. Bearish).

Conclusion: Bearish. Sell Only.
Observation is the path to discovery.
  • #38,924
  • Aug 31, 2018 4:50am Aug 31, 2018 4:50am
Quoting Ikwoche15
{quote} Done. 6 pips locked
1.1648 area has been resisting for 3 days now...a break out will be a solid drop
Attached Image (click to enlarge)
Click to Enlarge Name: situation 5.png Size: 32 KB
  • #38,925
  • Aug 31, 2018 4:53am Aug 31, 2018 4:53am
Quoting Ikwoche15
{quote} 1.1648 area has been resisting for 3 days now...a break out will be a solid drop {image}
That's a big IF at this point.
  • #38,926
  • Aug 31, 2018 4:53am Aug 31, 2018 4:53am
Quoting Sossos
Someone or something is sitting at the 1.1645 level absorbing every sell order that comes it's way. Just like yesterday.
According to the volume profile, there is a large volume of transactions. Support large.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH43.png Size: 57 KB
  • #38,927
  • Aug 31, 2018 4:54am Aug 31, 2018 4:54am
quite a strong resistance, but dont worry, soon something will happen!
life is a reflection of what we allow ourselves to see
  • #38,928
  • Aug 31, 2018 4:54am Aug 31, 2018 4:54am
Quoting majorpairs
opened LONG at 1.16713 and 1.16681 will add at 1.1656 tp open SL 1.1642
price came down to 1.16426 ) added LONG at 1.1646
  • #38,929
  • Aug 31, 2018 4:56am Aug 31, 2018 4:56am
Quoting majorpairs
{quote} price came down to 1.16426 ) added LONG at 1.1646
Your long bias is really strong.
  • #38,930
  • Aug 31, 2018 4:56am Aug 31, 2018 4:56am
Will it back to 1680 area? As JUN JUL closing was there
  • #38,931
  • Edited Sep 1, 2018 3:39am Aug 31, 2018 4:58am | Edited Sep 1, 2018 3:39am
Quoting Ikwoche15
{quote} 1.1648 area has been resisting for 3 days now...a break out will be a solid drop {image}
Just remember this is the worldīs biggest market. There are many players at many different levels in this market. You always have to be cautious.
Here is the Daily chart. Everything bullish on here. Many traders trade the Daily chart.
Daily
Only real values: Valid rules, discipline and experience.
  • #38,932
  • Aug 31, 2018 4:59am Aug 31, 2018 4:59am
Quoting Ikwoche15
{quote} 1.1648 area has been resisting for 3 days now...a break out will be a solid drop {image}
SL=1.1653. 13 pips locked
Attached Image (click to enlarge)
Click to Enlarge Name: situation 6.png Size: 30 KB
  • #38,933
  • Aug 31, 2018 5:00am Aug 31, 2018 5:00am
Quoting Alorente
{quote} According to your system: 1- 54 LWMA is dropping (Bearish). 2- LO points down. (Bearish) 3- Price is under 54 LWMA (Bearish) 4- Price is under LO Line. (Bearish). 5- Price has broken the Blue Trendline. Bearish). Conclusion: Bearish. Sell Only.
Exactly.. very well listed my Friend.. nice..

But if you quoted exclusively to tell me that I am wrong for that post then read again please: It was only to show the perspective of bulls, not mine or the system's.. So your post wasn't necessary

Stay Green
Focus only on what truly matters!
  • #38,934
  • Aug 31, 2018 5:04am Aug 31, 2018 5:04am
Quoting Ikwoche15
{quote} SL=1.1653. 13 pips locked {image}
Taken out... 14 pips... will look for another sell with a very tight SL...Decided to stay away...Let me join Ata on the sideline...The reason I am leaving is because the current area has been resisting for 3 days. thanks Ata...though you stay out but today I made progress with your system...psychologically, emotionally, "rulitically" "Moneylically" etc
  • #38,935
  • Aug 31, 2018 5:05am Aug 31, 2018 5:05am
Quoting Ata-Turkoglu
{quote} Exactly.. very well listed my Friend.. nice.. But if you quoted exclusively to tell me that I am wrong for that post then read again please: It was only to show the perspective of bulls, not mine or the system's.. So your post wasn't necessary Stay Green
I was not implying anything negative. I was just reviewing your rules. I understand you were playing devilīs advocate. There is always another side and it is good to analyze it also.
Observation is the path to discovery.
  • #38,936
  • Aug 31, 2018 5:08am Aug 31, 2018 5:08am
12.28 GMT?
Only real values: Valid rules, discipline and experience.
  • #38,937
  • Aug 31, 2018 5:10am Aug 31, 2018 5:10am
Quoting Alorente
{quote} According to your system: 1- 54 LWMA is dropping (Bearish). 2- LO points down. (Bearish) 3- Price is under 54 LWMA (Bearish) 4- Price is under LO Line. (Bearish). 5- Price has broken the Blue Trendline. Bearish). Conclusion: Bearish. Sell Only.
So, the system works. Trade it, as you do. The rest is .... small talk, as they say. Iīm sure you have a saying for that in your language.
Only real values: Valid rules, discipline and experience.
  • #38,938
  • Aug 31, 2018 5:11am Aug 31, 2018 5:11am
Quoting Ata-Turkoglu
{image}
"Look at where the red tl breakouts collect"

Thank you Ata, that's genuinely interesting and something I have never thought about before in my analysis.
  • #38,939
  • Aug 31, 2018 5:14am Aug 31, 2018 5:14am
Quoting Alorente
{quote} I was not implying anything negative. I was just reviewing your rules. I understand you were playing devilīs advocate. There is always another side and it is good to analyze it also.
Yup.. exactly I was simply looking from the enemy's point of view.. and wise men should.. Then sincere thanks again for showing that you are following the system correctly.. Well done..

Stay Green
Focus only on what truly matters!
  • #38,940
  • Aug 31, 2018 5:25am Aug 31, 2018 5:25am
We getting close to the neck line of the big invert h&s neck line at 1.16274 area.
It doesn't mean that it will stop there .
I belive that it will get to elliot point num 4 at 1.1553 area.
I still in long usd cad with gain of 122 pips with addon position along the way

Eu +gu h1
Attached Image(s) (click to enlarge)
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yes yes yes
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