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EURUSD only

  • #39,841
  • Edited 11:42am Sep 4, 2018 11:31am | Edited 11:42am
Limit long 1.15687 1568. SL 4 10 pips.

A touch of 1586 invalidates.
  • #39,842
  • Edited 12:14pm Sep 4, 2018 11:35am | Edited 12:14pm
Nice little 75 pip trade, short avg 1.1610, covered 1.1535
Highly predictable price action.


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Edit: For all you doubters... Let's see some "likes" for more profits!
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Follow my trading progress on Instagram: rags2millions
  • #39,843
  • Sep 4, 2018 11:38am Sep 4, 2018 11:38am
limit 1.1583 limit for down / to react. take care , fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #39,844
  • Sep 4, 2018 11:49am Sep 4, 2018 11:49am
Possible resistance at 1.1582/90
All charts/ideas based on UK time zone
  • #39,845
  • Sep 4, 2018 11:52am Sep 4, 2018 11:52am
At 1586 I may cast the invocation of the balls of Ata by going scalp short. It just depends how price reacts at that level.
  • #39,846
  • Sep 4, 2018 11:53am Sep 4, 2018 11:53am
Quoting Montrealer
1.1570/90 zone and we continue to 1.13 and probably lower lows. Bearish trend is volatile and heavy. Short when you CAN.
Quoting Mac6985
{quote} I hope you are correct, for both are sakes as I am short from 1.157 but heavy support was found, I just want the day to close at the support, but we do have a short retrace that could break a little more north.... we shall see, hopefully we are both correct
In bearish trends some bounces occur. Nothing is new.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #39,847
  • Sep 4, 2018 11:54am Sep 4, 2018 11:54am
eu h1
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eu h1
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eu h4
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au weekly
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dx daily
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yes yes yes
  • #39,848
  • Sep 4, 2018 12:00pm Sep 4, 2018 12:00pm
closing long from 1.1520 , looking to ride it back down again and call it a day till LO tomorrow
4&1 All Time Profit: $37,496
  • #39,849
  • Sep 4, 2018 12:01pm Sep 4, 2018 12:01pm
An algo has just taken the account long so I'm sitting on my hands.
  • #39,850
  • Sep 4, 2018 12:03pm Sep 4, 2018 12:03pm
Hello does the lwma apply to both 5m and 1hr?
  • #39,851
  • Sep 4, 2018 12:03pm Sep 4, 2018 12:03pm
Quoting mbrown
An algo has just taken the account long so I'm sitting on my hands.
SL?
4&1 All Time Profit: $37,496
  • #39,852
  • Sep 4, 2018 12:04pm Sep 4, 2018 12:04pm
eu h1 naked
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yes yes yes
  • #39,853
  • Sep 4, 2018 12:05pm Sep 4, 2018 12:05pm
Quoting MzansiObi
{quote} SL?
SL 1494, PT 1798
  • #39,854
  • Sep 4, 2018 12:07pm Sep 4, 2018 12:07pm
Quoting mbrown
An algo has just taken the account long so I'm sitting on my hands.
which algo is that ?
  • #39,855
  • Sep 4, 2018 12:07pm Sep 4, 2018 12:07pm
H4 Support is now Resistance and being tested...
if fails to cross 1.1584 it might return its way down.
let's see...
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If you don't know how to earn money, don't loose it.
  • #39,856
  • Sep 4, 2018 12:09pm Sep 4, 2018 12:09pm
Quoting Slt93
{quote} You better put the 10 EMA and 50 EMA on all your charts immediately. You have to work out when to Act immediately after the cross UP or Down, not an hour and three minutes later. You cannot trade on what you think is going to happen. You can only trade on what your absolutely proven trade rules are indicating to you is highly likely to happen next - from absolutely proven past experience.
Thanks very helpfull set with this 10 and 50 EMA.
  • #39,857
  • Sep 4, 2018 12:09pm Sep 4, 2018 12:09pm
Quoting mbrown
{quote} SL 1494, PT 1798
fudge!!!! If you recal my previous post, i forecast price will drop to that SL on current elliot wave before going higher. Beyfor also had similar wave count.

should be interesting
4&1 All Time Profit: $37,496
  • #39,858
  • Sep 4, 2018 12:10pm Sep 4, 2018 12:10pm
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  • #39,859
  • Sep 4, 2018 12:11pm Sep 4, 2018 12:11pm
Quoting coolmakina
H4 Support is now Resistance and being tested... if fails to cross 1.1584 it might return its way down. let's see...{image}
and retest 1,52 right
  • #39,860
  • Sep 4, 2018 12:11pm Sep 4, 2018 12:11pm
Done for now. It was near SL but still in profit.
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