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  • #54,561
  • Oct 22, 2018 10:42am Oct 22, 2018 10:42am
Quoting Ata-Turkoglu
{quote} I am guessing you will try to short around 1.1520/25 area. Not bad.. not bad.. but I will trade long once more to see what happens at your sell level. Could work both ways, so good luck! Stay Green
was not lucky but still profitable
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  • #54,562
  • Oct 22, 2018 10:44am Oct 22, 2018 10:44am
At 1.1449/50 it would be 100 pips range for the day and EU may be exhausted then. Maybe that's when we should start trying to look for small buys for retracement.
  • #54,563
  • Oct 22, 2018 10:44am Oct 22, 2018 10:44am
Quoting Moty
A bit of a gamble , but i can affort it. Had a very good day today , sl 20 , tp the pull back at 1.14976 {image}
i prefer to respect AO & AC in H4. if AO close red i set a sellstop order
Attached Image
Price turnback to where, he escaped from there
  • #54,564
  • Oct 22, 2018 10:46am Oct 22, 2018 10:46am
Quoting Mitiblotch
At 1.1449/50 it would be 100 pips range for the day and EU maybe exhausted then. Maybe that's when we should start trying to look for small buys for retracement.
no signs for retrace yet.
so far is a falling knife
If you don't know how to earn money, don't loose it.
  • #54,565
  • Oct 22, 2018 10:47am Oct 22, 2018 10:47am
Quoting Toastmaster
{quote} was not lucky but still profitable{image}
The up sloping failure (gap between pin bar high and median line) makes me suspect a much deeper move maybe on the cards. I hope not!!!! Well, not today!
  • #54,566
  • Oct 22, 2018 10:47am Oct 22, 2018 10:47am
Quoting moneymagnet
{quote} hoping for 1464...
no patience smh!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #54,567
  • Oct 22, 2018 10:49am Oct 22, 2018 10:49am
Quoting coolmakina
{quote} I think it will get there. 1.14516 at least. Relax.
Thanks for support.
  • #54,568
  • Oct 22, 2018 10:52am Oct 22, 2018 10:52am
Quoting Mitiblotch
At 1.1449/50 it would be 100 pips range for the day and EU maybe exhausted then. Maybe that's when we should start trying to look for small buys for retracement.
No such things as "exhausting" in Forex. I saw EUR/AUD falling 800 pips overnight without exhausting. I lost $3K some 12-13 years ago.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #54,569
  • Oct 22, 2018 10:52am Oct 22, 2018 10:52am
Quoting moneymagnet
{quote} no patience smh!!
Well this type of crawl deters a lot of traders...i call it the 36 tentacle octopus crawl. If you identify it early on....give yourself a wide stoploss and go do something else away from your trading stations so you don't move SLs too prematurely and fudge the trade lol lol
Put on a movie or a show and check every hour type of situation.
  • #54,570
  • Oct 22, 2018 10:54am Oct 22, 2018 10:54am
Quoting JKLee
{quote} Please find the WMA. Thanks. {image}
Thanks JKLee! Cheers!
  • #54,571
  • Oct 22, 2018 10:55am Oct 22, 2018 10:55am
Quoting Montrealer
{quote} No such things as "exhausting" in Forex. I saw EUR/AUD falling 800 pips overnight without exhausting.
Lol... there is indeed something like exhausting, and trust me, that 800-pip overnight move you saw is rather a rarity than the norm. If there is no fundamental "catastrophy" somewhere EU cannot move even 400 pips in a day.
  • #54,572
  • Oct 22, 2018 10:56am Oct 22, 2018 10:56am
Still edging lower. Nasty PA on m5 looking like what's normally seen in UJ that made me hate UJ so much.
  • #54,573
  • Oct 22, 2018 10:58am Oct 22, 2018 10:58am
1.1445 in sight. Below it, 1.1350s?
  • #54,574
  • Oct 22, 2018 10:58am Oct 22, 2018 10:58am
Quoting Mitiblotch
{quote} Lol... there is indeed something like exhausting, and trust me, that 800-pip overnight move you saw is rather a rarity than the norm. If there is no fundamental "catastrophy" somewhere EU cannot move even 400 pips in a day.
Yes, I was "lucky" to catch every this "rare" move in the past. . But 200-300 pips move without retrace more then 30-40 pips is NOT that rare.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #54,575
  • Oct 22, 2018 10:59am Oct 22, 2018 10:59am
Quoting Mitiblotch
{quote} Lol... there is indeed something like exhausting, and trust me, that 800-pip overnight move you saw is rather a rarity than the norm. If there is no fundamental "catastrophy" somewhere EU cannot move even 400 pips in a day.
400 is too much. How many 150 range D1 do you see in a month? In a full year, I bet u can't get up to 20 D1 range of 150
  • #54,576
  • Oct 22, 2018 11:00am Oct 22, 2018 11:00am
small pull back now
If you don't know how to earn money, don't loose it.
  • #54,577
  • Oct 22, 2018 11:00am Oct 22, 2018 11:00am
or not so small...
but pullback.
If you don't know how to earn money, don't loose it.
  • #54,578
  • Oct 22, 2018 11:01am Oct 22, 2018 11:01am
Hi fellows
The up stop hunt was impressive, just like the Friday one down!!!
Didn't i always say "avoid Fridays " and early Mondays as Yani says (low liquidity).

I guess expecting small correction up then sell 1490-1515 zone.
1535 held as suspected.

Target somewhere down, let's see 1.1415 and 1.1315 part profits.



Quoting Zerv
Mexican deputy economy minister says we are very confident that we can reach a deal with the united states and canada over steel tariffs soon: Rtrs
Oh man
Attached Image
Beware of robber banks (RB), bad advisors.
  • #54,579
  • Oct 22, 2018 11:03am Oct 22, 2018 11:03am
Quoting mbrown
{quote} Poor discipline!
The part of the gamble is because you only have to go short, but if you take long carefully, with a little leverage than I did all day, something really extraordinary should happen to me to lose.
And in cold technical analysis, there's a lot of logic in taking a long here
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yes yes yes
  • #54,580
  • Oct 22, 2018 11:04am Oct 22, 2018 11:04am
Quoting mbrown
{quote} The up sloping failure (gap between pin bar high and median line) makes me suspect a much deeper move maybe on the cards. I hope not!!!! Well, not today!

1.14585 is starting to look's as if a bit of a change in direction could be on the cards,

one more drop to 1.14585 could be it ???????



Edit 1.14323 has been a very strong support in the past
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