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EURUSD only

  • #51,121
  • Oct 9, 2018 8:19am Oct 9, 2018 8:19am
Quoting majorpairs
{quote} try entering in the opposite direction on where you believe price will go. seems to work for many traders
Or try the old "what would xxx do in this situation."

Mine is normally: "okay, what would Tim Morge or Mircea Dologa do in this situation." Only when in doubt though.

(so if this XXXUSD short fails I blame it on you Dologa!!!!! )
  • #51,122
  • Oct 9, 2018 8:21am Oct 9, 2018 8:21am
Quoting khalid33
i have posted this on September 11 .. i was right on steps 1 & 2 and now i hope to be right on step # 3 ( i took euro long 1.1440 ) {image}

Good aproach! Yes, it can be... We are heading to a strong support and maybe from there it will be a huge rejection to change direction..

Anyway I hope it can pull a little more to the downside ... My first target is 1.14062 and then 1.13039

Price will tell!

Good luck in your plan!
  • #51,123
  • Oct 9, 2018 8:27am Oct 9, 2018 8:27am
Quoting khalid33
i have posted this on September 11 .. i was right on steps 1 & 2 and now i hope to be right on step # 3 ( i took euro long 1.1440 ) {image}

Nice work bro!!! Very very good work!


Quoting khalid33
since a week im calling euro long {image}
  • #51,124
  • Edited 9:02am Oct 9, 2018 8:27am | Edited 9:02am
Quoting post
short again, at 1.1458, SL: tight 10 pips, TP1: 1.1422, TP2: 11391. Happy Trading.

Agreed Mr P,

The hourly is not showing a clean reversal here so i am seeing a possible continuation here

All up i am looking for a reversal point to enter a short

  • #51,125
  • Oct 9, 2018 8:28am Oct 9, 2018 8:28am
Quoting knkie
EurUSd is currently doing what i like to call 'reversing thru the frames'... which means there is a counter move on M5, then on M15 and maybe even on M30 or H1... Its all good as long as it doesnt 'run thru the trend frame'... The trend frame controls the day. In my trading style that is almost always H4... So if price stays below 1.15027 i will consider this a pullback within the H4 trend nad just wait for a new short entry. not really sure why I wrote all this...just wanted to share...
And in my opinion you shared a valuable information, thanks for it.
  • #51,126
  • Oct 9, 2018 8:31am Oct 9, 2018 8:31am
Quoting Thosy
{quote} And in my opinion you shared a valuable information, thanks for it.
you are very welcome
in wondering about yourself, you forgot what you came here to be part of
  • #51,127
  • Oct 9, 2018 8:33am Oct 9, 2018 8:33am
Quoting knkie
EurUSd is currently doing what i like to call 'reversing thru the frames'... which means there is a counter move on M5, then on M15 and maybe even on M30 or H1... Its all good as long as it doesnt 'run thru the trend frame'... The trend frame controls the day. In my trading style that is almost always H4... So if price stays below 1.15027 i will consider this a pullback within the H4 trend nad just wait for a new short entry. not really sure why I wrote all this...just wanted to share...

All good Knkie...thanks for sharing....I trade differently but I do observe what you call reversing thru the frames...and it helps in confirming entries for me. Glad you shared!
  • #51,128
  • Oct 9, 2018 8:34am Oct 9, 2018 8:34am
waiting it pullback 1460 retest previous support that now may be resistance now.
PA Return Today: 0.3%
  • #51,129
  • Oct 9, 2018 8:35am Oct 9, 2018 8:35am
Quoting Almo2312
61.8 intraday fib stands at 1.1455ish Lets see if now retace clear and down continue
1.1455 is also the Magnetic line according to my drawing
  • #51,130
  • Oct 9, 2018 8:36am Oct 9, 2018 8:36am
Quoting TheLaw1
{quote} 1.1455 is also the Magnetic line according to my drawing
will it retest 1460?
PA Return Today: 0.3%
  • #51,131
  • Oct 9, 2018 8:38am Oct 9, 2018 8:38am
Quoting wasntme
{quote} if they made a public announcement of a meeting about the trade war then theres prolly behind the scenes negotiating since trump likes a nice photoshoot to stroke his own ego...only reason dollah been so strong against even other safe haven currencies like chf and jpy is this fight with china so if the end is coming its risk on and dollar will fall...im not saying its gona happen tonight on 5 min. chart i trade dailies and 4h lol
Good insight you had there, anyway for 5 minutes trade which size you frequently use? I tried it before always lost on that at very first time, never use sincr than, only 4 and daily now
  • #51,132
  • Oct 9, 2018 8:38am Oct 9, 2018 8:38am
Quoting TheLaw1
{quote} 1.1455 is also the Magnetic line according to my drawing
My hourly magnetic stands at 1.1465 ish
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #51,133
  • Oct 9, 2018 8:38am Oct 9, 2018 8:38am
Quoting Tekin
{quote}it was so good so far but in the morning it tricked me touching 1.1480 so i didnt have any trade but now im long not insisting

stop is at 1,1440 now +3
  • #51,134
  • Oct 9, 2018 8:39am Oct 9, 2018 8:39am
Quoting Dingoman-two
{quote} Agreed Mr P, The hourly is not showing a clean reversal here so i am seeing a possible continuation here All up i am looking for a reversal point;

Could go against me, thats why SL 10 pips ,
Reason for the trade was , earlier break-out of 1.1463-1.14589 area.

Happy Trading.
Trades technical moves enforced by fundamentals
  • #51,135
  • Oct 9, 2018 8:39am Oct 9, 2018 8:39am
Quoting Dingoman-two
{quote} Agreed Mr P, The hourly is not showing a clean reversal here so i am seeing a possible continuation here All up i am looking for a reversal point;
freudian slip Dingo....freudian slip...
  • #51,136
  • Oct 9, 2018 8:40am Oct 9, 2018 8:40am
It may target 1.15000 handle

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.JPG Size: 122 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #51,137
  • Oct 9, 2018 8:48am Oct 9, 2018 8:48am
Quoting Moty
This is nice {image}
Moty can you explain in more detail? never heard of this pattern before....
  • #51,138
  • Oct 9, 2018 8:49am Oct 9, 2018 8:49am
SO for anyone who enjoyed ""running thru the frames"" post...:
Price has now run up thru M5, M15, M30 and H1.
That means H4 is trend, H1 is the highest pullback.
See the picture....
Im a gonna look for a short now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
in wondering about yourself, you forgot what you came here to be part of
  • #51,139
  • Oct 9, 2018 8:58am Oct 9, 2018 8:58am
EURUSD wise my chart suggests the low of the day has already been established.
  • #51,140
  • Oct 9, 2018 8:58am Oct 9, 2018 8:58am
Quoting knkie
SO for anyone who enjoyed ""running thru the frames"" post...: Price has now run up thru M5, M15, M30 and H1. That means H4 is trend, H1 is the highest pullback. See the picture.... Im a gonna look for a short now {image}
Just awesome, I am short too, looking at your picture as trend is always our friend.
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