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  • #45,821
  • Sep 21, 2018 8:34am Sep 21, 2018 8:34am
Quoting Mitiblotch
{quote} If today closes below 1.1733 don't you think it's bad news for the bulls?
bad news if below 7100 IMO. But good news is for us FX'ers, it doesn't matter... I will be a bear or bull as long as I am green!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #45,822
  • Sep 21, 2018 8:36am Sep 21, 2018 8:36am
Attached Image (click to enlarge)
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  • #45,823
  • Sep 21, 2018 8:41am Sep 21, 2018 8:41am
Quoting moneymagnet
{quote} bad news if below 7100 IMO. But good news is for us FX'ers, it doesn't matter... I will be a bear or bull as long as I am green!
I'm trying to stay in the now and not have a strong bias. Now people think EU is going to 1.18x levels, but it could be the very opposite.
  • #45,824
  • Sep 21, 2018 8:42am Sep 21, 2018 8:42am
Quoting Mitiblotch
What a fall! This has to touch 1.172 or maybe lower. If price was going to fall this deep, why did it do all it did up there all day?
Watch the patterns around bigger levels ,, the mkt cant help but make flag patterns it the only way anyone can tell if a level failed or not ,, they dont all lay pretty on your chart but they mean the exact same thing ,,yesterday going up all bull flags today going down all bear flags ,,started from all the selling when london came on line h & s patterns leading to what,,, pokes down ,,yesterday they were inverted and bull flags ,, it will keep getting sold till it finds a level it likes or you start seeing inverted ones again ,, it will start with a big spike from a support levels ,,so far nada , no good buying support if it still is getting sold vice versa . other than for a quick scalp
Attached Image (click to enlarge)
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  • #45,825
  • Edited 8:53am Sep 21, 2018 8:42am | Edited 8:53am
Quoting Mitiblotch
{quote} If today closes below 1.1733 don't you think it's bad news for the bulls?
Nope. A close below 1.1705 may be a bad news as it might confirm D1 bearish divergence and trigger a sell off if it follows through on Monday. If not, bulls will defend 1.1705 will all they got as that's the neckline of reverse H&S in D1. Unfortunately for bulls, fundamentals are not on their side at all (as Fed will still increase rate and ECB still on their package) coupled with this Brexit bullsh*t.

The reverse H&S in D1 playing out means seeing 1.2.... But Euro is and will remain fundamentally weak to see such levels.
Time will tell.
  • #45,826
  • Sep 21, 2018 8:42am Sep 21, 2018 8:42am
in time for the weekends, cheers~!
Attached Image
No pain no gain, you have to earn it~
  • #45,827
  • Sep 21, 2018 8:43am Sep 21, 2018 8:43am
its not wise to be opening new entry at this time on friday..pips will be available on monday and lifetime ...dont jump in moving train..
Guud luck trader
MY OPINION NOT FINANCIAL ADVISE
  • #45,828
  • Edited 9:02am Sep 21, 2018 8:43am | Edited 9:02am
Covered sell from 1755* and hedge a buy here with stop at 1715 want to put stop under 38% Below 1690 to be safe but it's 50 pips from here. don't know how far would slip under 23 before it stabilize. Pointing right at 1.2ooo
Founder of Sutherland Wave Principle
  • #45,829
  • Sep 21, 2018 8:44am Sep 21, 2018 8:44am
closed my last short as well and made more than my day-target....so im out.
Good weekend to all
in wondering about yourself, you forgot what you came here to be part of
  • #45,830
  • Sep 21, 2018 8:45am Sep 21, 2018 8:45am
Quoting donfriday
its not wise to be opening new entry at this time on friday..pips will be available on monday and lifetime ...dont jump in moving train.. Guud luck trader
Wise words, my great grandfather did exactly that and literally got both his legs cut off!
niemals aufgeben
  • #45,831
  • Sep 21, 2018 8:47am Sep 21, 2018 8:47am
Quoting digger1
{quote} Watch the patterns around bigger levels ,, the mkt cant help but make flag patterns it the only way anyone can tell if a level failed or not ,, they dont all lay pretty on your chart but they mean the exact same thing ,,yesterday going up all bull flags today going down all bear flags ,,started from all the selling when london came on line h & s patterns leading to what,,, pokes down ,,yesterday they were inverted and bull flags ,, it will keep getting sold till it finds a level it likes or you start seeing inverted ones again ,, it will...
Yes. Spikes with volume usually do a good job. I'll keep watching.
  • #45,832
  • Sep 21, 2018 8:48am Sep 21, 2018 8:48am
I am like the probability of Ata's 1.1705. The 1.1783 short locked at +40 Pips
  • #45,833
  • Sep 21, 2018 8:48am Sep 21, 2018 8:48am
Quoting donfriday
its not wise to be opening new entry at this time on friday..pips will be available on monday and lifetime ...dont jump in moving train.. Guud luck trader
Totally agree. Fear of missing out AKA Greed. one more emotion to conquer. Others are
fear of loosing,
Impatience,
Hoping in hopelessness.
  • #45,834
  • Sep 21, 2018 8:49am Sep 21, 2018 8:49am
Quoting wasntme
{quote} what ny giveth yesterday they might as well taketh away today. i have the same targets,how did arrive with thosetargets if you dont mind saying
Just think about it...
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  • #45,835
  • Sep 21, 2018 8:50am Sep 21, 2018 8:50am
This is what is coming
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yes yes yes
  • #45,836
  • Sep 21, 2018 8:50am Sep 21, 2018 8:50am
Just bought 1.7337.
You hesitate, you masturbate.
  • #45,837
  • Sep 21, 2018 8:51am Sep 21, 2018 8:51am
Quoting xandi
{quote} Just think about it... {image}
you mean we should lay down during trading?
LOL
If you don't know how to earn money, don't loose it.
  • #45,838
  • Sep 21, 2018 8:51am Sep 21, 2018 8:51am
Quoting engweijie
Just bought 1.7337.
SL now at +2. Probably very early (hence the tight stop) but just buying off an eyeballed support.
You hesitate, you masturbate.
  • #45,839
  • Sep 21, 2018 8:51am Sep 21, 2018 8:51am
Quoting xandi
{quote} Just think about it... {image}

i never turned a chart sideways lol upside down but not sideways

can u explain it a little more...i use just price and volume with an rsi that im too lazy to delete off my charts
buy the rumor,sell the news
  • #45,840
  • Sep 21, 2018 8:52am Sep 21, 2018 8:52am
And not to forget The last hour in London is always good for a short squeeze, especially on a Friday.
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