Attachments: EURUSD only

EURUSD only

#50,741
Oct 8, 2018 2:34am Oct 8, 2018 2:34am

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

Quoting majorpairs

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{quote} 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

Ignored

tp1 1.1545 might take so profit before depending on volatility during London session

#50,742
Oct 8, 2018 2:36am Oct 8, 2018 2:36am

hepsibah
Joined Jul 2013 | Status: Trader | 373 Posts

I took a short earlier but since the last 15min of frankie, I can't see any PA to give me a clue as to direction intent, it seems to be accumulating both long and short atm. Went and made coffee and will wait until direction shows itself.

#50,743
Oct 8, 2018 2:43am Oct 8, 2018 2:43am

digger1
Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,055 Posts

Quoting Moty

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{quote} 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 {image}

Ignored

There are ways to pin point it a lot closer than that Moty,,, ,,, M15 with just one ave ,,runs about where a M1 200 does ,,, see how something as simple as that can be used to trail a stop ,, and if it gets above it means what ,, london buying could be up all day ,, way past your weekly pivot stp level and if its getting bought up kinda stupid to sell it till it isint getting bought up if its getting sold same thing applys ,,, thats where the daily range and the eod stuff comes in and why I tell you over and over just because a level gets hit doesent mean its going to turn there,,, it just doesent ,,, things like the trendline breaks Ata has been showing ,,the steep ones and otherwise ,,,above below the hourly 54Lwa ,, the price patterns and flags with projections thats what tells where something may go and where the failures are at ,,,, not just because price hit a certain level ,,, how many times and how long have you sat underwater by doing what you are doing and thinking the way you are thinking ,,hell Im still holding a few shorts will till the that ave quits holding it down ,, keep bumping stp down and locking more in,,,, pops thru that then I will look the other way at the appropriate levels You can sit on your ass and wait for them levels and still be wrong

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#50,744
Oct 8, 2018 2:44am Oct 8, 2018 2:44am

yousername
Joined Mar 2017 | Status: Working smart and hard | 2,949 Posts

My daily EURUSD daily analysis

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This is not investment/trading advise. Will not hold accountable for loss

#50,745
Oct 8, 2018 2:44am Oct 8, 2018 2:44am

Dingoman-two
Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts

[quote=Dingoman-two;11557417]{quote} 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

#50,746
Oct 8, 2018 2:45am Oct 8, 2018 2:45am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Look at price action , there is a big berrish candle in a downtrend followed by inside candle pattern , and then it's break , and continue to fall.
The current big candle is the nfp candle
We reached 1.14920 , weekly mid point , sl moves to be , 1.15070

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yes yes yes

#50,747
Oct 8, 2018 2:46am Oct 8, 2018 2:46am

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

added LONG at 1.1491

#50,748
Oct 8, 2018 2:46am Oct 8, 2018 2:46am

sponge
| Joined Apr 2018 | Status: Trader | 1,732 Posts

Quoting majorpairs

Disliked

{quote} 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

Ignored

I thought you were using time projections but it sounds like you are using the probability of price reaction at certain times of the day.

Thanks

All charts/ideas based on UK time zone

#50,749
Oct 8, 2018 2:53am Oct 8, 2018 2:53am

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

Quoting sponge

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{quote} I thought you were using time projections but it sounds like you are using the probability of price reaction at certain times of the day. Thanks

Ignored

daily highs and lows form at certain time intervals daily, need to look at where price is at those times, now PA being below 1.1511 suggests upward movement within the next hour +

#50,750
Oct 8, 2018 2:56am Oct 8, 2018 2:56am

darksize
| Joined Jan 2018 | Status: -._.- | 464 Posts

Quoting yousername

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My daily EURUSD daily analysis https://youtu.be/0sB3ds3liPU

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"this little thing is pretty strong" i dont know man.. maybe there is something else thats supporting the pair, try to find out.

-._.-

#50,751
Edited 3:19am Oct 8, 2018 2:59am | Edited 3:19am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Quoting majorpairs

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added LONG at 1.1491

Ignored

Not a good time to add long imo , i think it's better to wait for a signal .
The macd is nagative , bb is starting to open.
It's can very strong move down

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This time i put my chance everywhere , so i took short also at gu at weekly mid point to the wp , and it was hit for 55 pips

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yes yes yes

#50,752
Oct 8, 2018 3:00am Oct 8, 2018 3:00am

hepsibah
Joined Jul 2013 | Status: Trader | 373 Posts

For me, this looks like a consolidation box and there is a high probability of spikes to the downside to trap shorts. If it breaks clear to the downside there will be opportunity later to get on board, just be careful of getting stuck at the bottom if it decides to have another go at the 1.1530-40 range.

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#50,753
Oct 8, 2018 3:02am Oct 8, 2018 3:02am

Dingoman-two
Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts

[quote=Dingoman-two;11557511]

Quoting Dingoman-two

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{quote} 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

Ignored

First support will be at 1.14839 area

Edit it could retest the 1.14979/500 area again

#50,754
Oct 8, 2018 3:03am Oct 8, 2018 3:03am

yousername
Joined Mar 2017 | Status: Working smart and hard | 2,949 Posts

Quoting darksize

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{quote} "this little thing is pretty strong" i dont know man.. maybe there is something else thats supporting the pair, try to find out.

Ignored

Hey Darksize, thank you for the comment! Your comment is very meaningful to my effort making videos.

Yeah it's pretty strong. It could take 3 days or more for the bear to break that particular support area.
My gut feeling tells me, the bear rally will prevail.
Time will tell, whatever the outcome is, I will be there making some money.

Drive, Incubus
"Whatever tomorrow brings
I'll be there, I'll be there"

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