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  • #50,721
  • Oct 8, 2018 1:34am Oct 8, 2018 1:34am
Quoting Moty
{quote} I will suttle with 2 Beside of that , this is an abc correction , so it's suppose to be 2
Use what you know on any given day and settle with 20 during the dead time and protected to boot for possibly more
  • #50,722
  • Oct 8, 2018 1:35am Oct 8, 2018 1:35am
Quoting yousername
{quote} Short position closed in order to cover the previous buy trade loss. Cheers {image}
Finger cross this short is sustainable.

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This is not investment/trading advise. Will not hold accountable for loss
  • #50,723
  • Oct 8, 2018 1:42am Oct 8, 2018 1:42am
Quoting hdlSA
{quote} Id be more comfortable with that if we saw a 3 top at least {image}

Still scalping but my mane goal is looking at the 1.1500 area and a possible break to the down side,

4 Hour chart has a very clear bearish look to it,

if the above can be achieved, then i would be looking at the 1.4630/35 area as the bottom but only time will tell;

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  • #50,724
  • Oct 8, 2018 1:44am Oct 8, 2018 1:44am
Quoting hdlSA
What are the chances that we see exactly what we saw on Friday. Makes me think where the curve ball could be at.... {image}
Pretty good I would say ,,all depends on what kinda mood london in ,,frankie is doing their job,, they got it pushed down to sup ,,, see if london buys it up or sells it off too
  • #50,725
  • Oct 8, 2018 1:47am Oct 8, 2018 1:47am
Quoting hdlSA
What are the chances that we see exactly what we saw on Friday. Makes me think where the curve ball could be at.... {image}
Why you opened so many buy orders?
When did you open it, today or last week?
If last week, why didn't you close it with profit?
This is not investment/trading advise. Will not hold accountable for loss
  • #50,726
  • Oct 8, 2018 1:48am Oct 8, 2018 1:48am
Quoting evilglory
{quote} price landed on Daily pivot, possible to gain strength and bounce or continue "float" down. normal asia session non-action. will wait for LO this time to see how price action will be. for now: main trade change TP to 1.1475 (slightly above S1) i might manually close with loss if price rejected heavily from Ata magnetic number 1.1485 SL nil, manually monitor side trade change TP to 1.1430 (slightly above S2) SL back to BE+3.9 pips {image}

still in short, waiting for LO for further action

main trade tp 1.1455

mini trade tp 1.1488 or lower depend on PA
loss 100k in Forex, up 1k, still have 99% to go!!
  • #50,727
  • Oct 8, 2018 1:49am Oct 8, 2018 1:49am
Quoting Moty
{quote} I will suttle with 2 Beside of that , this is an abc correction , so it's suppose to be 2
I hope for your sake that you are right but you know how often LO reverses the frankie move and a bull pin has already formed on the 15min so be very careful
  • #50,728
  • Oct 8, 2018 1:54am Oct 8, 2018 1:54am
Quoting MzansiObi
{quote} SL?
Algo: SL always 40pips and tp 200pip.
  • #50,729
  • Oct 8, 2018 2:08am Oct 8, 2018 2:08am
Quoting digger1
{quote} So you sat patiently waiting ,,,,,,to short near a level that has been bought before ,, asian session range currently about its normal 25 pips ,,you sat thru all that to short now ,,, use what you know is going to happen on any given day Moty ,,,if you were going to short it would have been when it dropped below a damn M1 200 or the daily open ,,,not when frankie coming on line ,,,, at a level that has been bought before ? those patterns mean something Moty maybe you will get lucky but an entry was higher where it could have a stp safely...
Further to my recitation that I will not go into the trade before the price reaches one of the Pivot lines,
I continue to say that it is possible to enter into a trade according to the opening of the price compared to the weekly pivot, which means that if the price opens below, then I will take short to the weekly s1 when the stop loss will be at the pivot live and in the mid point i will Move my stop to be
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yes yes yes
  • #50,730
  • Oct 8, 2018 2:12am Oct 8, 2018 2:12am
Quoting Moty
{quote} Further to my recitation that I will not go into the trade before the the price reaches one of theon the Pivot lines, I continue to say that it is possible to enter into a trade according to the opening of the price compared to the weekly pivot, which means that if the price opens below, then I will take short to the weekly s1 when the stop loss will be at the pivot live and in the mid point Moves stop to be {image}
I hear ya ,, but Last weeks W S1 was a sup area ,, that dont go then it dont go to this weeks S 1 ,,, maybe later but not from current levels ,, always have to kinda keep track of where its been and what it has used Moty ,,,better areas to short from above
  • #50,731
  • Oct 8, 2018 2:13am Oct 8, 2018 2:13am
Quoting majorpairs
looking to enter LONG at 1.1495 will add if price drops lower waiting for time and price to meet
Hi majorpairs, are you using the simple Fib time calculations or is it the complicated Gann stuff?
All charts/ideas based on UK time zone
  • #50,732
  • Oct 8, 2018 2:16am Oct 8, 2018 2:16am
Good Morning,

Very thin trading day, needs to be careful. Long or short.

Happy Trading
Trades technical moves enforced by fundamentals
  • #50,733
  • Oct 8, 2018 2:16am Oct 8, 2018 2:16am
Break or Fake?
https://www.forexfactory.com/showthr...7#post11557357

Like if Break
Dislike if Fake

Attached Image (click to enlarge)
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TMT Scalping System (Best system on FF)
  • #50,734
  • Oct 8, 2018 2:18am Oct 8, 2018 2:18am
FLAT FLAT FLAT......
LO to LO trendline
54lwma
hourly seems to be shaping bullish flag.....waiting for 1hr candle close....will then look to load long should it close around support
4&1 All Time Profit: $37,496
  • #50,735
  • Oct 8, 2018 2:21am Oct 8, 2018 2:21am
Quoting sponge
{quote} Hi majorpairs, are you using the simple Fib time calculations or is it the complicated Gann stuff?
i dont use indicators, only price action and time of day - opened LONG at 1.1495

now is the time for the low to form, sell stops were taken out at 1.1497, price can go lower to level 1.1475 so i use a 30 pip SL but it should not being the time of day already
  • #50,736
  • Oct 8, 2018 2:22am Oct 8, 2018 2:22am
Quoting digger1
{quote} I hear ya ,, but Last weeks W S1 was a sup area ,, that dont go then it dont go to this weeks S 1 ,,, maybe later but not from current levels ,, always have to kinda keep track of where its been and what it has used Moty ,,,better areas to short from above
Last week it worked perpectly
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yes yes yes
  • #50,737
  • Edited 2:45am Oct 8, 2018 2:27am | Edited 2:45am
Quoting Dingoman-two
{quote} Still scalping but my mane goal is looking at the 1.1500 area and a possible break to the down side, 4 Hour chart has a very clear bearish look to it, if the above can be achieved, then i would be looking at the 1.4630/35 area as the bottom but only time will tell; {image}

1.1500 broken looking for a retest and if it can hold then i will short to the 1.14630/35 area

Edit sorry folks typo 1.1550 should have been 1.1500
  • #50,738
  • Oct 8, 2018 2:29am Oct 8, 2018 2:29am
i dont see anything but bullish eu news...brexit deal almost made..trump and xi gona fondle each others manboobs...we're at support on weekly looks like price gona test monthly highs before any further down
buy the rumor,sell the news
  • #50,739
  • Oct 8, 2018 2:31am Oct 8, 2018 2:31am
i mean january monthly high
buy the rumor,sell the news
  • #50,740
  • Oct 8, 2018 2:33am Oct 8, 2018 2:33am
Quoting wasntme
i dont see anything but bullish eu news...brexit deal almost made..trump and xi gona fondle each others manboobs...we're at support on weekly looks like price gona test monthly highs before any further down

It's not all about the news any more...there are more to that. ..it's the Central Banks Policy divergence biting EU hard now which could take EU a lot further down in coming days unless FED signals slowing down. IMO
Trades technical moves enforced by fundamentals
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