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  • #50,521
  • Oct 5, 2018 8:11am Oct 5, 2018 8:11am
Quoting Mitiblotch
Early in the week I recall Ata mentioned that the low he saw for the week was his magnetic support at 1.146x. Boy, I have been wondering how he pulled that figure and it stuck till now. Let's see if NFP demystifies Ata a little. Lol... On a serious note now, I wish NFP (the usual 30-pip blip) does the unusual and give us the lower edges of 1.14 so I can buy with zest and pomp.
The day hasn't ended yet, but it's getting quite obvious that Ata was spot on with his forecast of 1.146x holding for the whole week. Excellent work!
  • #50,522
  • Oct 5, 2018 8:14am Oct 5, 2018 8:14am
Short from 1.1535
SL 1.1542's

Ata's resistance level and yesterdays high 15 candle close was 1.1533
  • #50,523
  • Oct 5, 2018 8:14am Oct 5, 2018 8:14am
Quoting wasntme
{quote} using 4h signals to get in longs i had to average down once and then bot more last nite so if this doesnt get to 1650 i might go postal LOL

wasntme...keep your pebbles man....we have a book to publish lol lol


I see 1.1565 at least...hope this minimally saves the day for you....as structure unfolds I will be able to say if we can go higher than that.

Keep cool mr high time frame trader!!
  • #50,524
  • Oct 5, 2018 8:15am Oct 5, 2018 8:15am
Quoting Caifas
{quote} magnetics {image}
Magnetic target is a function of the points selected. Knowing the right point to select at each situation is the key thing. If you select arbitrarily, you get arbitrary targets.
What criteria guides the points to select in each case?
  • #50,525
  • Oct 5, 2018 8:15am Oct 5, 2018 8:15am
ok, now to look at the charts and decide if I am trading today (what a joke... I need help... I am an EU addict)....but i can quit anytime I want to!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #50,526
  • Oct 5, 2018 8:16am Oct 5, 2018 8:16am
Quoting 777girl
i know its kinda useless to ask in forex if those data are in favor for eur or usd, but still if we look from economic view ? I think its favoring usd (if unemployment rate > non farm payroll data?)!

Agree. I am not an economist , but that numbers are in usd favor....

I am keeping my short position.. We are heading south. In my humble and ignorant opinion of course.
  • #50,527
  • Oct 5, 2018 8:17am Oct 5, 2018 8:17am
Quoting Rebearv.
{quote} Agree. I am not an economist , but that numbers are in usd favor.... I am keeping my short position.. We are heading south. In my humble and ignorant opinion of course.
we shouldnt forget its forex and sometimes it can act opposite
  • #50,528
  • Oct 5, 2018 8:19am Oct 5, 2018 8:19am
Quoting okshop
EU {image}
EU
Attached Image (click to enlarge)
Click to Enlarge Name: EU NEW.PNG Size: 85 KB
Self discipline It is a practice
  • #50,529
  • Oct 5, 2018 8:20am Oct 5, 2018 8:20am
Quoting moneymagnet
for now, we are still in the same range as yesterday lol.. but i am sure a few folks got pooped on long or short with that whipsaw action...
My charts from Sept. 4th and today.
Might head up to mucho resistance area but lots of chop along the way.
The dollar side is not getting any cheaper.
good luck
regards
goma
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD (Daily) 2018_09_04.png Size: 79 KB
Click to Enlarge Name: EUR_USD.png Size: 102 KB
  • #50,530
  • Oct 5, 2018 8:21am Oct 5, 2018 8:21am
Quoting fontu
Risky market as bear still may not temporarily halt , longs open before at and below 1508 but not open computer today as in rest as of every friday, will only see in the evening and hope not much loss . Likely 1492/80 till prevous bottom play ok though .not bad as in bottom ranging . May the tp hit 1590 or sl below some pips previous low before take control!.take care.fontu
just open chart, ok to go as it was all in a bottom ranging . take care , fontu
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #50,531
  • Oct 5, 2018 8:23am Oct 5, 2018 8:23am
Quoting kayikayi
{quote} wasntme...keep your pebbles man....we have a book to publish lol lol I see 1.1565 at least...hope this minimally saves the day for you....as structure unfolds I will be able to say if we can go higher than that. Keep cool mr high time frame trader!!

LOL...thanks K...im in the money on my longs from last nite and just 16 pips from being breakeven so this isnt as stressfull as my shorts accumulation up at 1800 2 weeks ago LOL
buy the rumor,sell the news
  • #50,532
  • Oct 5, 2018 8:26am Oct 5, 2018 8:26am
I think that it will go at least to yesterday high
  • #50,533
  • Oct 5, 2018 8:27am Oct 5, 2018 8:27am
Will check for setup after H1 close.
  • #50,534
  • Oct 5, 2018 8:30am Oct 5, 2018 8:30am
Quoting wasntme
{quote} good advice mike...use the GOD rule... he usually gives you one chance to break even so Get Out Dummy....thats the god rule

i was almost breakeven couple days ago but felt confident about a turn so i broke my GOD rule... LOL
buy the rumor,sell the news
  • #50,535
  • Oct 5, 2018 8:35am Oct 5, 2018 8:35am
Ha! Well thats 3 15min candles in a row couldn't breach 1.1532. (Which is also 1.1600 on Euro Futures)
Lets see how #4 goes
  • #50,536
  • Oct 5, 2018 8:37am Oct 5, 2018 8:37am
Quoting Rebearv.
{quote} I am short since the start of the week .. I am worry about the bullish engulfing candle which has closed in 4h ... But I t seems it is founding resistance... What about you ?? are you in a trade right now ??
of course im in trade. and you can see it in my profile
Profit growth tells you the trader ability.
  • #50,537
  • Oct 5, 2018 8:38am Oct 5, 2018 8:38am
Quoting Rebearv.
{quote} Agree. I am not an economist , but that numbers are in usd favor.... I am keeping my short position.. We are heading south. In my humble and ignorant opinion of course.

why are the numbers in usd favor?...such a huge jobs miss puts future hikes in doubt
buy the rumor,sell the news
  • #50,538
  • Oct 5, 2018 8:38am Oct 5, 2018 8:38am
I'm lacking confirmation of the trend through a test of 1480 before going to 1620
IMHO
Attached Image
knownothing
  • #50,539
  • Oct 5, 2018 8:39am Oct 5, 2018 8:39am
short 15308
SL 15430
  • #50,540
  • Oct 5, 2018 8:42am Oct 5, 2018 8:42am
I was up 50% earlier today from my last closed trade.

I was like a boy who just tasted his first milk shake.

Then came NFP and everything went blank.

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