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THE only Pattern

  • #6,961
  • Oct 25, 2018 5:15am Oct 25, 2018 5:15am
Quoting jmtini
GA, GJ, EJ all looking good for shorts guys
eur looks like still has some juice. i'm long e/j @ breakeven for ecb conf. may get kicked out

g/u or g/j may short they're just kicking it around before news X_X
  • #6,962
  • Oct 25, 2018 5:24am Oct 25, 2018 5:24am
I'm glad to be here..
please guys, i'm very new to forex trading, just opened my live account yesterday,
i need a lot of support guys...
  • #6,963
  • Oct 25, 2018 5:25am Oct 25, 2018 5:25am
Quoting cdb07d
{quote} eur looks like still has some juice. i'm long e/j @ breakeven for ecb conf. may get kicked out g/u or g/j may short they're just kicking it around before news X_X
out of e/j
  • #6,964
  • Oct 25, 2018 5:43am Oct 25, 2018 5:43am
show already began.
Draghi at the mic...
Probably at Q&A the volatility will increase.
Be aware
Inserted Video
  • #6,965
  • Oct 25, 2018 6:11am Oct 25, 2018 6:11am
Quoting jmtini
GA, GJ, EJ all looking good for shorts guys
Sorry I was a bit early for the YEN pairs wasn't I? But GBPAUD has been nice

perhaps GJ if it gets below 144.60

EJ way too soon - yes


Sorry I don't follow EURAUD but probably even better to short
  • #6,966
  • Oct 25, 2018 6:31am Oct 25, 2018 6:31am
Quoting jmtini
{quote} Sorry I was a bit early for the YEN pairs wasn't I? But GBPAUD has been nice perhaps GJ if it gets below 144.60 EJ way too soon - yes Sorry I don't follow EURAUD but probably even better to short
it was a good call . i think a lot of times the setup is there just smart money waiting for the best price and news allows them the opportunity for nother pump fake

i'm short g/u 1.2892

but we're at weekly range low so we'll see what happens may take some off the table
  • #6,967
  • Edited 6:53am Oct 25, 2018 6:34am | Edited 6:53am
Quoting cdb07d
{quote} it was a good call . i think a lot of times the setup is there just smart money waiting for the best price and news allows them the opportunity for nother pump fake i'm short g/u 1.2892 but we're at weekly range low so we'll see what happens may take some off the table
Thanks! Yes GJ was failing to break through resistance at the BRN level and sometimes they will retest it a number of times

Looks good now though. Bears in control


This video is very good (of course one has to first identify a potential reversal level!!):

Inserted Video
  • #6,968
  • Oct 25, 2018 7:09am Oct 25, 2018 7:09am
Quoting Inthebox
i am only looking at daily charts - something caught my eyes. just saw that if usdcad is to end today with a pin bar, it will be an inside pin bar next to a very long pin bar. usdjpy may end today with a pin bar bouncing up from a upward sloping trend line.

usd buying?

i love it. all these negative USD news releases last 2 weeks CPI, Ret sales, Durable goods but u/cad still rising.. someone knows something we don't??
  • #6,969
  • Oct 25, 2018 7:27am Oct 25, 2018 7:27am
Quoting Inthebox
{quote} somehow my feeling is that it has already been priced in. they just took us for a ride. may return to where it began to slide down. {image} {image}
insider trading. lol.
tp usdcad buy.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,970
  • Oct 25, 2018 7:27am Oct 25, 2018 7:27am
Quoting shadoweye
I'm glad to be here.. please guys, i'm very new to forex trading, just opened my live account yesterday, i need a lot of support guys...
welcome, here for you.. all i say is Understand risk. Don't listen to the 2 percent risk per trade peep's.... risk 1/2 percent per trade and as you dip your toes.. improve your technique ..

That's number 1.. for survival.. most people risk too much.
It's in fear when people show what they truly value.
  • #6,971
  • Oct 25, 2018 7:37am Oct 25, 2018 7:37am
Quoting Inthebox
{quote} insider trading. lol. tp usdcad buy. {image}
You bought at just right time.. after the second drop for the big scoreee!
It's in fear when people show what they truly value.
  • #6,972
  • Oct 25, 2018 7:53am Oct 25, 2018 7:53am
tp gbpaud sell
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,973
  • Oct 25, 2018 8:12am Oct 25, 2018 8:12am
out @ range low

good gbp shorts today
Attached Image (click to enlarge)
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  • #6,974
  • Oct 25, 2018 8:15am Oct 25, 2018 8:15am
Quoting cdb07d
out @ range low good gbp shorts today {image}
That's a great short.. weeee all the way down.
It's in fear when people show what they truly value.
  • #6,975
  • Oct 25, 2018 8:24am Oct 25, 2018 8:24am
Quoting ensale
{quote} That's a great short.. weeee all the way down.
lol thats what i have been singing. weeeeeeeeeeeeeeEEEEE after third cup of coffee

the caffeine it takes to wake up at 3am for London open
  • #6,976
  • Oct 25, 2018 8:45am Oct 25, 2018 8:45am
Quoting ensale
DAX, Behaving like nobody want's it... . yet I'm convinced there is buying.. DOW. .. wait till US ... But active.. perhaps key for dax Gyen.. will follow like a little sheep... GBP expect bulls at some point this week...... sliding now path of least resistance.. USDCAD bear when it wakes up from slumber ... monday. overall, market slow... some moves but nothing serious yet
Update..

Dax had a buy in on day mentioned.. but weakness that day led the week... it was incredibly soft... missed the sell.

Gbp expected bull's to turn up but it continued sliding path of least resitance. at no point tempted to buy... for the big swing.

USDCAD, Furious Bear took 3 days to eat salmon before launching an attack.... accumlation shorts were friday, monday, tuesday(SEE DAY CHART). missed this .. higher sell on tuesday the intended point of entry..

Dow provided decent point's this week for me as a buyer.. the buy bounces on dow are tremdendous, Decent PA experience required!
It's in fear when people show what they truly value.
  • #6,977
  • Oct 25, 2018 8:53am Oct 25, 2018 8:53am
Quoting cdb07d
{quote} lol thats what i have been singing. weeeeeeeeeeeeeeEEEEE after third cup of coffee the caffeine it takes to wake up at 3am for London open
WOOOHOOO Hahaha

I love a mocha ....

WOW you wake up early.. Have to say Hi to the London boy's ....
It's in fear when people show what they truly value.
  • #6,978
  • Oct 25, 2018 12:57pm Oct 25, 2018 12:57pm
Quoting Inthebox
tp gbpaud sell {image}

Well done - nice one!

I'm still in GJ looking for 14360/70 target. Still not oversold on H1 which bodes well for further down move overnight (hopefully)
Attached Image (click to enlarge)
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  • #6,979
  • Edited 1:42pm Oct 25, 2018 1:24pm | Edited 1:42pm
EURJPY

Watch out for a move down overnight (IMHO) retest 12750 - can't see anything in the way of the drop down


GBP pairs - I may be wrong but looking at the charts I see a huge down move in the offing tomorrow - looks incredibly bearish to me.
  • #6,980
  • Edited 1:42pm Oct 25, 2018 1:32pm | Edited 1:42pm
Quoting jmtini
EURJPY Watch out for a move down overnight (IMHO) retest 12750 - can't see anything in the way of the drop down
I was expecting a new low and probably much deeper. Price give OP entry in the top during the speech of dragi and later on broke the trend line. I wait for pullback and entry at retest.(u can draw the trend line and just before the break in m5 u see how price made a pivot block which I used in confluence and help me to set the stop)I'm not at computer so gonna share a pic that I have on my phone to explain a bit with picture what I just wrote... Hope u found it helpful.

I add a pic from phone to clarify a bit
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