Dislikedfucked up. i had 9025 as a major number but did not keep track. looking to short at or above 8980.Ignored
placing short there.
EUR/GBP - What a great pair to trade!
- #3,843
- Aug 23, 2018 10:17am Aug 23, 2018 10:17am
- | Commercial User | Joined Feb 2014 | 10,144 Posts
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- #3,845
- Edited 3:02am Aug 24, 2018 2:29am | Edited 3:02am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} now its pointing to the high. 9029
i dont like misses so i cancelled my short.
now it may be pointing to 9036 and should be valid while above 0.9.
i am bearish but need a new setup.
it could go 9061 or this could be a top.
9025 was my long term number which is being tested.
break and retest of the trendline on this 1h chart is the most reliable setup right now.
on the daily chart there will be opportunities too.
ideally i would like to see a spike on weekly which is possible this friday since the average weekly range is about 75 pips.
- #3,846
- Aug 24, 2018 5:20am Aug 24, 2018 5:20am
- | Commercial User | Joined Feb 2014 | 10,144 Posts
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- #3,847
- Aug 24, 2018 5:21am Aug 24, 2018 5:21am
- | Commercial User | Joined Feb 2014 | 10,144 Posts
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- #3,849
- Aug 24, 2018 5:41am Aug 24, 2018 5:41am
- Joined Jan 2010 | Status: .... | 3,910 Posts
I really really really wanna play this on daily chart and go for the big dropWith the help of the news later, maybe can happens huh? Greeeeeed
{image}
a weekly close above 8974 is a bullish indication though.
its still above 0.9
so i am just watching from the sidelines.
- #3,851
- Aug 24, 2018 9:18am Aug 24, 2018 9:18am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} Yeah, very bearish. I think it all be clear when the news come out, it will either skyfall, or will pull back. I m thinking of leaving it as it is, my stop is just in place, no loss can happen. It can eat up my profit so far which is not bad at the moment, but fcuk it, the potential is big so I m gonna risk this trade for the long run. Will go enjoy Friday with some beers and come back in lets say - 4-8 h to check on it, unless things get ugly in the pub..
its just my experience that the chance it will be broken is bigger when it is missed first.
i think it will settle above 8974 one week or 2 before it figures out it wants to go down.
if next week its a sideways candle i will get ready to sell.
but like i said this week makes a bullish candle.
8755 is a strong attraction, on the weekly this olds price down.
once its met i think price will shoot up.
i think this is pretty good evidence how price is pushing down.
- #3,852
- Aug 27, 2018 10:38am Aug 27, 2018 10:38am
- | Commercial User | Joined Feb 2014 | 10,144 Posts
www.sme-fx.com
- #3,853
- Aug 30, 2018 1:40am Aug 30, 2018 1:40am
- Joined Jan 2010 | Status: .... | 3,910 Posts
hoping to join bears after large retrace.
- #3,855
- Aug 30, 2018 11:58am Aug 30, 2018 11:58am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} it broke 9028 which was a turningpoint before it was missed. its just my experience that the chance it will be broken is bigger when it is missed first. i think it will settle above 8974 one week or 2 before it figures out it wants to go down. if next week its a sideways candle i will get ready to sell. but like i said this week makes a bullish candle. 8755 is a strong attraction, on the weekly this olds price down. once its met i think price will shoot up. i think this is pretty good evidence how price is pushing down. {image}
looks bearish.
i just bought with tight stop though.
targeting 905x
- #3,857
- Sep 3, 2018 6:49am Sep 3, 2018 6:49am
- Joined Jan 2010 | Status: .... | 3,910 Posts
here is the retrace i was talking about.
tomorrow and wednessday some gbp news coming out perhaps that will complete the retrace.
as you may know i am bearish below 909x
tomorrow and wednessday some gbp news coming out perhaps that will complete the retrace.
as you may know i am bearish below 909x
- #3,858
- Sep 3, 2018 7:26am Sep 3, 2018 7:26am
- Joined Jan 2010 | Status: .... | 3,910 Posts
here is the retrace i was talking about. tomorrow and wednessday some gbp news coming out perhaps that will complete the retrace. as you may know i am bearish below 909x {image}
- #3,859
- Sep 4, 2018 9:53am Sep 4, 2018 9:53am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} this is the level i am looking for. {image}
- #3,860
- Sep 7, 2018 5:35am Sep 7, 2018 5:35am
- Joined Jul 2016 | Status: Trader | 3,318 Posts
trading is simple but is simple is not easy.