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  • #48,521
  • Edited 9:29am Sep 28, 2018 9:16am | Edited 9:29am
apparently once for all to try great bull . more bear pressure till 1514, 1475 . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #48,522
  • Sep 28, 2018 9:17am Sep 28, 2018 9:17am
Quoting yousername
{quote} I use compression chart patterns such as Wedge rising/falling Symmetric triangle

Oh Ok! yeah...those reveal themselves with time. mid to final stage of compression...thx!
  • #48,523
  • Sep 28, 2018 9:18am Sep 28, 2018 9:18am
Quoting mjbecker
{quote} Good advice.
If you still have free margin, I would advise you to trade according to popular calls here, which of course are in line with the trend, from there you will get some pips to sustain the account, but pay attention to what is going on here, set stop loss. I believe eurusd can go up as early as Monday
  • #48,524
  • Sep 28, 2018 9:19am Sep 28, 2018 9:19am
Quoting coolmakina
{quote} Nevetheless this fast drops on M15, are seen with low activity/volume, it can be that bears are lossing steam or just taking a break...its friday, last day of week, last day on month, last day of quarter, .... last day for some acounts... .... Stay green, stay cool, i'm staying out for the weekend, at least no more trading today...
....Last day for some accounts. Lol
  • #48,525
  • Sep 28, 2018 9:19am Sep 28, 2018 9:19am
placing a buy limit from 1575 target 20 pips 15 pip stop
  • #48,526
  • Sep 28, 2018 9:21am Sep 28, 2018 9:21am
Newbie thats still learning TA here, what do you guys think?

I feel like we'll drop to around 1.1515 - 1.150 before heading back upwards, but if we do break that range we'll head all the way down to 1.13670.
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  • #48,527
  • Sep 28, 2018 9:22am Sep 28, 2018 9:22am
Quoting kayikayi
{quote} Oh Ok! yeah...those reveal themselves with time. mid to final stage of compression...thx!
First I have to know where the first peak or trough of the triangle.
Usually it appears right near the recent resistance/support.
In the screenshot i'm expecting to see a compression in a symmetric triangle form.
The peak of the compression is right at the recent SnR.
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This is not investment/trading advise. Will not hold accountable for loss
  • #48,528
  • Sep 28, 2018 9:24am Sep 28, 2018 9:24am
Quoting dele5000
{quote} If you still have free margin, I would advise you to trade according to popular calls here, which of course are in line with the trend, from there you will get some pips to sustain the account, but pay attention to what is going on here, set stop loss. I believe eurusd can go up as early as Monday
I see folks talking about that but I dont think it is an option for the folks in the USA. I can't opent a position contrary to my original position. However, I can open positions on other currency pairs.
  • #48,529
  • Sep 28, 2018 9:33am Sep 28, 2018 9:33am
Quoting mjbecker
{quote} I see folks talking about that but I dont think it is an option for the folks in the USA. I can't opent a position contrary to my original position. However, I can open positions on other currency pairs.
Check for instrument that correlate with eurusd, I can't mention any here, doing that is unethical, but you can also check for any trending pair and pm the gurus here for help, I believe you can still salvage you account, please use stop loss
  • #48,530
  • Sep 28, 2018 9:34am Sep 28, 2018 9:34am
Quoting Ata-Turkoglu
Below that no chance for bulls to take back control.. Stay Green
You stated in the past that you welcome constructive disagreement. So, here goes.

Bulls would - eventually - take back control with continuous Higher Highs and Higher Lows below ANY level - all else being equal.
Only real values: Valid rules, discipline and experience.
  • #48,531
  • Sep 28, 2018 9:38am Sep 28, 2018 9:38am
Thx ata. I also like to trade the USD/CAD. That`s why I asked. Though this pair is more volatile than the EUR/USD, the 54 LWMA seems to fit.
  • #48,532
  • Sep 28, 2018 9:39am Sep 28, 2018 9:39am
Quoting yousername
{quote} First I have to know where the first peak or trough of the triangle. Usually it appears right near the recent resistance/support. In the screenshot i'm expecting to see a compression in a symmetric triangle form. The peak of the compression is right at the recent SnR. {image}
ok interesting!!! thank you! my range is much smaller..it is about 20 pips for now....it should break bottom then follows the correction in the shape you are showing..

sounds good!! I will try to trade this potential shape
  • #48,533
  • Sep 28, 2018 9:40am Sep 28, 2018 9:40am
Quoting Slt93
{quote} You stated in the past that you welcome constructive disagreement. So, here goes. Bulls would - eventually - take control with continuous Higher Highs and Higher Lows below ANY level - all else being equal.
I hear you.. But my post was pointing at the fact I discovered that at that very "current" situation where I posted that statement, I was emphasizing that any H1 candle that would suddenly start attacking highs, due to news or any other reason, it would first toss at that level.. That was my point.. Otherwise, your post is aggreed on and actually has not much to do with for what purpose I brought up that level!

Thanks for the constructive critic..

Stay Green
Focus only on what truly matters!
  • #48,534
  • Sep 28, 2018 9:42am Sep 28, 2018 9:42am
Quoting mjbecker
{quote} I see folks talking about that but I dont think it is an option for the folks in the USA. I can't opent a position contrary to my original position. However, I can open positions on other currency pairs.
if you are in the US, you can't hedge.
to bypass this you can either trade US dollar pegged pairs like Singapore or Hong Kong dollar and use the as a hedge or open a sub account and run hedge trades.
As Above, So Below
  • #48,535
  • Sep 28, 2018 9:44am Sep 28, 2018 9:44am
bought @ .15872 tp @ .1630

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  • #48,536
  • Sep 28, 2018 9:45am Sep 28, 2018 9:45am
Quoting Ata-Turkoglu
{quote} I hear you.. But my post was pointing at the fact I discovered that at that very "current" situation where I posted that statement, I was emphasizing that any H1 candle that would suddenly start attacking highs, due to news or any other reason, it would first toss at that level.. That was my point.. Otherwise, your post is aggreed on and actually has not much to do with for what purpose I brought up that level! Thanks for the constructive critic.. Stay Green
That is what is happening right now: Higher Highs and Higher Lows. According to that Price Action we are already in an Up Trend.
Only real values: Valid rules, discipline and experience.
  • #48,537
  • Sep 28, 2018 9:47am Sep 28, 2018 9:47am
Quoting Slt93
{quote} That is what is happening right now: Higher Highs and Higher Lows. According to my system we are already in an Up Trend.
good. Green bars are a sight for sore red eyes..

bought 1.15916. SL below swing low. TP open.. come on bulls...
  • #48,538
  • Sep 28, 2018 9:47am Sep 28, 2018 9:47am
i cant wait to see if mja time projections come true...ill nominate him for the nostradamus award LOL
buy the rumor,sell the news
  • #48,539
  • Sep 28, 2018 9:47am Sep 28, 2018 9:47am
Quoting Slt93
{quote} That is what is happening right now: Higher Highs and Higher Lows. According to my system we are already in an Up Trend.
I think the bottom is most likely in for the day. Get a little pull back and I might buy.

By the way, nice profile pic. It fits your excellence at moving average crossovers.
  • #48,540
  • Sep 28, 2018 9:48am Sep 28, 2018 9:48am
SL=BE @ 1.15870
Only real values: Valid rules, discipline and experience.
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