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  • #55,101
  • Oct 24, 2018 3:45am Oct 24, 2018 3:45am
by looking at DXY Bull breakout , feels like EU could re-test 1.13 post ECB. IMO

Happy Trading
Trades technical moves enforced by fundamentals
  • #55,102
  • Oct 24, 2018 3:46am Oct 24, 2018 3:46am
Quoting mbrown
GM, Algo long @ 1424.
Does your algo keep stops for trades? In this case, where is the stop placed?
  • #55,103
  • Oct 24, 2018 3:47am Oct 24, 2018 3:47am
wow my God ! penetrating to the full depth!! take care in this spike down, apparent level may be 1384/70 .take care
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 44 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #55,104
  • Oct 24, 2018 3:47am Oct 24, 2018 3:47am
Quoting Mitiblotch
{quote} Does your algo keep stops for trades? In this case, where is the stop placed?
ALways 40 pips SL and 200 pip TP>
  • #55,105
  • Oct 24, 2018 3:48am Oct 24, 2018 3:48am
Daily s2 1.14100
yes yes yes
  • #55,106
  • Oct 24, 2018 3:49am Oct 24, 2018 3:49am
Quoting Walz
{quote} It is yours Take Profit 1390?
1410...and already closed it.
Ps : opened long at 1410 and now pip babysitting...traded this change without studying and possible early, but, it is touching the bottom line,vwe cant be so side wrong...
  • #55,107
  • Oct 24, 2018 3:51am Oct 24, 2018 3:51am
Quoting mbrown
{quote} ALways 40 pips SL and 200 pip TP>
sounds great, have you shared the strategy on here. Also do you code your own
  • #55,108
  • Oct 24, 2018 3:53am Oct 24, 2018 3:53am
Quoting xandi
{quote} I will close my short when touching this line, so simple as that...i don want to be short at bottom lines, with 123% on monthly at 1460 to end the month... {image}
7minutes to close this 4h candle, and in order to show the touch of the line on my chart i need price closing in 7 minutes near to this 1410...line chart...

Ps:closed long...it will close the 4hours without touching the line, and next 4hours the intersection with the line will be lower..target 1390 probably
  • #55,109
  • Oct 24, 2018 3:57am Oct 24, 2018 3:57am
Good to see that everybody is bearish again lol. Happy trading folks.

Stay Green
Focus only on what truly matters!
  • #55,110
  • Oct 24, 2018 3:59am Oct 24, 2018 3:59am
I've only barely profited from the downmove... bit of a gamble on data.

This is a hard position to take a trade from... does anyone think we will still see 1.15 before ECB?
  • #55,111
  • Oct 24, 2018 4:00am Oct 24, 2018 4:00am
Nearest buyzone
1.1405 - 1.1395
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  • #55,112
  • Oct 24, 2018 4:01am Oct 24, 2018 4:01am
Any bounce think will be anaemic..maybe try 24-30s.? And another down. Just my view. Like anyone else , including algos, no guarantee.
  • #55,113
  • Oct 24, 2018 4:02am Oct 24, 2018 4:02am
all shorts I close as will not available next few hrs may be ,long test already start , pending little down also set , see you all in the evening session. care not stuck in short . fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #55,114
  • Oct 24, 2018 4:05am Oct 24, 2018 4:05am
Good morning all
To much sleep today ))
Wow what a sprint.
how this H4 will close !?
I asume we go there, but maybe tomorrow.
Attached Image (click to enlarge)
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  • #55,115
  • Oct 24, 2018 4:06am Oct 24, 2018 4:06am
Quoting Ata-Turkoglu
Good to see that everybody is bearish again lol. Happy trading folks. Stay Green
is really everybody. it's a mixed reaction here. Good morning Traders
  • #55,116
  • Oct 24, 2018 4:06am Oct 24, 2018 4:06am
US index how now? Should have broken out of H&S or ascending triangle.?
  • #55,117
  • Oct 24, 2018 4:08am Oct 24, 2018 4:08am
I think the break of 1.14 will be left for Draghi and co tomorrow. Just a theory.
  • #55,118
  • Oct 24, 2018 4:08am Oct 24, 2018 4:08am
Price is in the red river bank thus probabilities are on the side of a down move continuation after a retrace into the black river. If the future flow of the river was downward sloping, the probability of a continuation would be very high indeed. Since the future flow is upward sloping a aggressive move through 1460 (downsloping linear median line) would cancel the downside continuation scenario.

Quoting Mitiblotch
I think the break of 1.14 will be left for Draghi and co tomorrow. Just a theory.
Well a move higher would be good for my account which is being abused by the GBPUSD of late.
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  • #55,119
  • Oct 24, 2018 4:11am Oct 24, 2018 4:11am
Quoting mbrown
Price is in the red river bank thus probabilities are on the side of a down move continuation after a retrace into the black river. {image}
I like this river. lol.
Hope it will not get some drawn?
  • #55,120
  • Oct 24, 2018 4:15am Oct 24, 2018 4:15am
Quoting mbrown
Price is in the red river bank thus probabilities are on the side of a down move continuation after a retrace into the black river. {quote} Well a move higher would be good for my account which is being abused by the GBPUSD of late. {image}
I have a note to myself: never trade GU in these uncertain times. Price uses the excuse of the slightest news to wipe stops 100pips away and still go back to the former direction all in 10 -20mins.
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