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  • #26,221
  • Nov 9, 2018 10:30am Nov 9, 2018 10:30am
Quoting Boulder
{quote} its more about how candle closed.. the trend line support 1350.. it needs 3 continuous M5 red candle to close below to reverse the trend...
long is gone.....
  • #26,222
  • Nov 9, 2018 10:35am Nov 9, 2018 10:35am
Quoting gatorinla
last h... I dont see bulls signs toward 1382 atm.. unless something breaks soon. I thought the week bears may allow near 1382.. looks like they are going for the jugular being below 1342.5,,
The bears are tough.. better sell bounces. I have nothing to show me it will bounce to 1423 again.. I will have pendings there.. atm 1340/42.5 should become a stronger R.. pa should get below 1338 again and drop.. maybe test 1317 and 1300..
those who can, do. those who cant, talk about those who can
  • #26,223
  • Nov 9, 2018 10:49am Nov 9, 2018 10:49am
I cant see it, there is a 100 pip phenomenon concerning eu. I have nothing to show anything bullish.. I have noticed over the years eu tends to move from major points 100 pips. 1423 is a pivot this month. pa in near 1323.. I cant short being so close to 1300 tested support. Every close to me appears bearish from the Quarter to the 15 min....
those who can, do. those who cant, talk about those who can
  • #26,224
  • Nov 9, 2018 10:57am Nov 9, 2018 10:57am
Quoting Boulder
{quote} long is gone.....
u should find some future scalps off 1340/43
those who can, do. those who cant, talk about those who can
  • #26,225
  • Nov 9, 2018 11:03am Nov 9, 2018 11:03am
STD I got to go milk the ducks. Good luck, have a good weekend.
those who can, do. those who cant, talk about those who can
  • #26,226
  • Nov 9, 2018 11:05am Nov 9, 2018 11:05am
Bought some EU at 1319...lets see if it bounces next week...
Why sell the bottoms when you can buy the tops...
  • #26,227
  • Nov 9, 2018 11:06am Nov 9, 2018 11:06am
Quoting gatorinla
{quote} u should find some future scalps off 1340/43
luckily ea reversed, shorted right away..so I made back the loss on long already...
  • #26,228
  • Nov 9, 2018 11:18am Nov 9, 2018 11:18am
Quoting Boulder
{quote} luckily ea reversed, shorted right away..so I made back the loss on long already...
Hopefully you will get some scalps off of 1340 to 43 area next week or sooner
those who can, do. those who cant, talk about those who can
  • #26,229
  • Nov 9, 2018 11:25am Nov 9, 2018 11:25am
Quoting gatorinla
{quote} Hopefully you will get some scalps off of 1340 to 43 area next week or sooner
all right.. i will see.. i am waiting for next signal trigger..a long,,.. currently line of sand 1323... it needs 3 continuous green candles above..
otherwise this will crash lower to 130x.. if 1300 can not hold.. this will plunge to 122x....
  • #26,230
  • Nov 9, 2018 11:33am Nov 9, 2018 11:33am
Quoting Boulder
{quote} all right.. i will see.. i am waiting for next signal trigger..a long,,.. currently line of sand 1323... it needs 3 continuous green candles above.. otherwise this will crash lower to 130x.. if 1300 can not hold.. this will plunge to 122x....
<1340/42.5> Area;;;
those who can, do. those who cant, talk about those who can
  • #26,231
  • Nov 9, 2018 11:43am Nov 9, 2018 11:43am
Quoting gatorinla
{quote} <1340/42.5> Area;;;
got it.. so far I see no bulls at this 1320s level for wtf move
  • #26,232
  • Nov 9, 2018 11:45am Nov 9, 2018 11:45am
Quoting Boulder
{quote} got it.. so far I see no bulls at this 1320s level for wtf move
never mind.. the long triggered at 1330...I see how far this can go..
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  • #26,233
  • Nov 9, 2018 2:21pm Nov 9, 2018 2:21pm
closes below 133x should help get to 1275 and ultimately 1215 soon
  • #26,234
  • Nov 9, 2018 2:45pm Nov 9, 2018 2:45pm
on the other hand will be watching these closely on gu

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trading eu on hope and greed... i still can't help myself sometimes... reason I lose unnecessarily at points
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  • #26,235
  • Edited 6:41pm Nov 9, 2018 4:26pm | Edited 6:41pm
Well for me this closed bearish - I would suggest selling bounces... 1.1385 is my first one, that notorious 1.1406 and 1.1445... but now we are this low and close to the end of the year, I am looking for potential reversal zones... attached is my end of week thoughts... I'd like to say 1.1218 ish level for a good bounce at least but then further analysis brings me to 1.1118 level... the crazy thing is that it coincides with Gator's 100 pip over spill... Take this analysis with a pinch of salt, it might help spark more ideas on where to places trades from your great minds

also an article from Daily FX tonight:

EURUSD: Retail trader data shows 63.1% of traders are net-long with the ratio of traders long to short at 1.71 to 1. In fact, traders have remained net-long since Oct 01 when EURUSD traded near 1.16344; price has moved 2.1% lower since then. The number of traders net-long is 13.5% higher than yesterday and 0.2% higher from last week, while the number of traders net-short is 4.4% higher than yesterday and 1.9% higher from last week.
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  • #26,236
  • Nov 10, 2018 7:46am Nov 10, 2018 7:46am
2018 closed 1.2004
2017 closed 1.0523

50% of that move is 1.1264... might have some significance for this years close. Just worth noting. Maybe means nothing
  • #26,237
  • Nov 10, 2018 11:17am Nov 10, 2018 11:17am
Quoting Boulder
How Institutions Position Themselves In Dollar This Week For Dollar, the latest COT as of Tuesday,Sept 18, 2018, institutions increased net long positions in spite of dollar fell Currently net long 37,456 contracts, up 2.961 from the previous week. 83% long exposure vs 17% short exposure , Longs added 1% and shorts dropped 1% from the previous week Institutions continued to accumulate dollar while dollar came down from 95.50 high to 94.32 low. Institutions Sentiment: Bullish {image}
Hi Boulder,
Kindly allow me to ask a question and forgive me if I am asking something elementary (hope I am not):
How can you tell how many contracts institutions accumulate, where do you read the data from?
Thanks in advance,
Gihon
  • #26,238
  • Nov 10, 2018 11:37am Nov 10, 2018 11:37am
Quoting MaxDoom
{quote} ever watchful
Hello MaxDoom,

As I was scrolling through the FF searching for some specific answers I could see your posts and it seems that you are a senior member here and you also do some codings.
I am a little bit better than a beginner in mql5, please allow me to ask for some help.

Let say you wanted to make an entry at the exact start of a bar (1 min) and you want your EA close the trade exactly after a certain time, eg. 60 sec, 300 sec, etc. How would you approach that?
The way I see is there could be several ways to do it and I have tried and I can manage the timed entry but my EA always fails to close the position.

Thanks in advance,
Gihon
  • #26,239
  • Nov 10, 2018 9:01pm Nov 10, 2018 9:01pm
Fridays close was not bullish. Now its just got beat support. A fresh low and a close below 1317 should do it. Once below 1317 the inability to close below, may indicate bounce. But for a bounce to be decent the close should be above 1343. And even then the larger closes are still bearish. So bounce maybe limited to possibly 1423. But the closes are extremely bearish. Going forward that may change. Or may not.
those who can, do. those who cant, talk about those who can
  • #26,240
  • Nov 10, 2018 10:41pm Nov 10, 2018 10:41pm
Quoting gatorinla
Fridays close was not bullish. Now its just got beat support. A fresh low and a close below 1317 should do it. Once below 1317 the inability to close below, may indicate bounce. But for a bounce to be decent the close should be above 1343. And even then the larger closes are still bearish. So bounce maybe limited to possibly 1423. But the closes are extremely bearish. Going forward that may change. Or may not.
hello Gatorinla.... just wanted to drop few observation and would like your opinion on them:

1- EU made a perfect Bullish Gartley on daily chart, and completed the ABCD pattern ending with a rejection on Friday settling at 1.1335+
2- Weekly there is HH & HL
3- Daily it has a strong wick as supply level rejection at the bottom, it popped from 1.1330 to 1.1350 multiple times
4- the pattern indicates a pull back after breaking the downtrend channel, back to the old resistance line, which is the current support line

P.S. Weekly Bar shows Higher Highs, and Higher Lows with Daily Rejection Signal... thats very bullish

All those indicate a bullish sign to me....
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