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  • #46,961
  • Sep 26, 2018 3:00am Sep 26, 2018 3:00am
what is this "news" you all keep talking about?
in wondering about yourself, you forgot what you came here to be part of
  • #46,962
  • Sep 26, 2018 3:01am Sep 26, 2018 3:01am
Quoting knkie
what is this "news" you all keep talking about?
  • #46,963
  • Sep 26, 2018 3:01am Sep 26, 2018 3:01am
Quoting kayikayi
this news moving or not moving charts is a fake debate or just a plain semantic issue News will accelerate wave structure. If you have 12345 as a wave structure (labeling differs per methods) and you get news while chart is in 2 (correction), well it can finish the 2 and starts on a 3 impulse (and that explains some of the whipsaw you see during news) and maybe even be done with 3 or make it an overextended move. In general, one kind of have an idea of what would happen should charts move during news but structure can surprise you and do something...
If ya wait long enough everyone will be right ,,big ole merry go round
  • #46,964
  • Sep 26, 2018 3:04am Sep 26, 2018 3:04am
Quoting suthmo
{quote} A million clams to anyone who can prove conclusively that news moves markets. Need to show track record of calling every move every day for two months and do this three or four times. Show how the waves would have played out and how the news altered that. Maybe back it up with some wave theory how the wave pattern would have played out then show me how ANY news effected the outcome. Open challenge to everyone and anyone, prove to me that news effects markets other than rocking waves 30 pips up and down during NFP.

Keep your claims mate, I worked for Barclays once ...and I know how they trade and other big banks as well ... News do move the market.... just look back at French election ... and how EURO moved.... anyway enough said.. you stick to your wave ..me Fundy + simple Tech. Happy Trading.
Trades technical moves enforced by fundamentals
  • #46,965
  • Sep 26, 2018 3:04am Sep 26, 2018 3:04am
Quoting digger1
{quote} Other than some good price gyrations at the annc ,, it would be factored in ,, its whats said or not said in the statement that could cause some longer term positioning ,, which will still take place at sup or res levels ,, my 2 cents
  • #46,966
  • Sep 26, 2018 3:05am Sep 26, 2018 3:05am
Quoting kayikayi
this news moving or not moving charts is a fake debate or just a plain semantic issue News will accelerate wave structure. If you have 12345 as a wave structure (labeling differs per methods) and you get news while chart is in 2 (correction), well it can finish the 2 and starts on a 3 impulse (and that explains some of the whipsaw you see during news) and maybe even be done with 3 or make it an overextended move. In general, one kind of have an idea of what would happen should charts move during news but structure can surprise you and do something...
In a situation where it makes wave2 > wave3 what do you call it?

See it's a matter of TF you're working with. Wave analysis is pretty subjective IMHO
  • #46,967
  • Sep 26, 2018 3:05am Sep 26, 2018 3:05am
here's some 'news': im long @ 1.17689
in wondering about yourself, you forgot what you came here to be part of
  • #46,968
  • Sep 26, 2018 3:06am Sep 26, 2018 3:06am
Quoting Ata-Turkoglu
1.1763 supported nicely during Asia session.. London opening trendline is flat.. price is still above.. all good for bulls.. Still keeping my long and waiting for progress.. Stay Green
What time before the FOMC do you usually exit your trades?
  • #46,969
  • Sep 26, 2018 3:06am Sep 26, 2018 3:06am
Quoting digger1
{quote}Would say my ole friend is referring more to the same ole annc that come every month,,,, which he is right about ,, one out of the blue is a different story ,,, chf depegging comes to mind ,, especially since it was done on a weekend .,,those kind are mkt risks for sure
OK.
  • #46,970
  • Sep 26, 2018 3:12am Sep 26, 2018 3:12am
H1-M15 Status Update

Waiting for M15 RED TL breakout as long as 1.1762 area (most recent RED TL breakout level) supports. Sideways to bullish trading hours. Market (and bulls) need a push that will probably come from the expected news.

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: H1-M15-Outlook.png Size: 57 KB
Focus only on what truly matters!
  • #46,971
  • Sep 26, 2018 3:13am Sep 26, 2018 3:13am
Bullish short term and long term.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 24 KB
Click to Enlarge Name: EURUSDWeekly.png Size: 39 KB
Click to Enlarge Name: News.png Size: 13 KB
  • #46,972
  • Sep 26, 2018 3:15am Sep 26, 2018 3:15am
Quoting yousername
{quote} Decided to long EURUSD. SL 7 pips TP 7x the SL {image}
Decided to close the buy position with 1.2 pips profit...

A potential bearish gartley/butterfly pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 204 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #46,973
  • Sep 26, 2018 3:16am Sep 26, 2018 3:16am
Quoting Donwealt
{quote} In a situation where it makes wave2 > wave3 what do you call it? See it's a matter of TF you're working with. Wave analysis is pretty subjective IMHO

hum I will have to see an example of 2>3. but I am not asking for that. sure labeling is subjective and each have their own method. agreed!
the point here is different.

back to EURUSD, I am still trying to figure out if I should go long or short....EUR is making up its mind since London open....can anybody help this lost soul? lol
  • #46,974
  • Sep 26, 2018 3:19am Sep 26, 2018 3:19am
Quoting kayikayi
{quote} hum I will have to see an example of 2>3. but I am not asking for that. sure labeling is subjective and each have their own method. agreed! the point here is different. back to EURUSD, I am still trying to figure out if I should go long or short....EUR is making up its mind since London open....can anybody help this lost soul? lol
When in doubt sitting on the side line is a good decision. That's what I did. Suddenly I doubt my bullish plan. So I closed it with little profit.
This is not investment/trading advise. Will not hold accountable for loss
  • #46,975
  • Sep 26, 2018 3:24am Sep 26, 2018 3:24am
Quoting yousername
{quote} When in doubt sitting on the side line is a good decision. That's what I did. Suddenly I doubt my bullish plan. So I closed it with little profit.

I liked Post entry for the sell and see the logic of it but now i think it might want to tag a higher fib level before it gives an impulse down (hence his 40 pips SL )

yup you are right sitting on mis manos till I get a clue
  • #46,976
  • Sep 26, 2018 3:35am Sep 26, 2018 3:35am
Tonight I'm gonna party like it's 1.1999
Attached Image (click to enlarge)
Click to Enlarge Name: Eurusd H4 092618 0925.png Size: 41 KB
Founder of Sutherland Wave Principle
  • #46,977
  • Sep 26, 2018 3:40am Sep 26, 2018 3:40am
Quoting kayikayi
{quote} hum I will have to see an example of 2>3. but I am not asking for that. sure labeling is subjective and each have their own method. agreed! the point here is different. back to EURUSD, I am still trying to figure out if I should go long or short....EUR is making up its mind since London open....can anybody help this lost soul? lol
High volatility news does that all the time bro.

For me I'm on the sideline. For my itchy fingers, I switched to demo but still can't make any sense of which direction to take at the moment. Tried long twice already and got knocked out @BE+1. The last time after a +14pips.
  • #46,978
  • Sep 26, 2018 3:46am Sep 26, 2018 3:46am
I just went long with 10 Lots EURUSD

gonna retire tonight
The grind never stops
  • #46,979
  • Sep 26, 2018 3:54am Sep 26, 2018 3:54am
Anyone else wanna join ME?
The grind never stops
  • #46,980
  • Sep 26, 2018 3:58am Sep 26, 2018 3:58am
Quoting mikedatrader
Anyone else wanna join ME?
No thanks. The 5-minute chart on this thing is uggggly right now.
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