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EURUSD only

  • #59,161
  • Nov 11, 2018 7:26am Nov 11, 2018 7:26am
looks it still wanna go down

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Be Water My Friend
  • #59,162
  • Nov 11, 2018 7:37am Nov 11, 2018 7:37am
Quoting Techanalyst
{quote} EURUSD overall the trend is down. You have to sell it on pull back. Or you can buy on pullback and make some profit. It is not about taking the trade where you are comfortable with, it is about taking the trade where supply exceeds demand and or where demand exceeds supply. Also where the price reaches support/resistance areas. You also have to be careful on those because if the trend is up and it pulls back down but continues up, you have to be able to recognize that strategy too. It comes with years of practice. Trading is like mathematics,...
so, how would trade this on Monday ? whats your trade set up ?
  • #59,163
  • Nov 11, 2018 7:42am Nov 11, 2018 7:42am
seems like the Monster is not dead yet, the demon is back ... Florida state RE-COUNT means potentially, Democrates could win the Senate.... Tada !!! DXY crash all over again ????

https://edition.cnn.com/2018/11/10/p...lum/index.html
  • #59,164
  • Nov 11, 2018 8:35am Nov 11, 2018 8:35am
Quoting brr001
{quote} so, how would trade this on Monday ? whats your trade set up ?
I try not to trade Sunday, Monday and Friday. Sometimes I do trade Monday and Friday. But best days are Tuesday, Wednesday and Thursday. If there is potential, I will buy and take profit at 1.1410. If not, than i will sell and take profit 1.1300 or lower.
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  • #59,165
  • Nov 11, 2018 8:51am Nov 11, 2018 8:51am
Guys, this news is enough to bring DXY to its knees...

https://www.reuters.com/article/us-u...-idUSKCN1NF0PC
  • #59,166
  • Nov 11, 2018 11:15am Nov 11, 2018 11:15am
Quoting brr001
Guys, this news is enough to bring DXY to its knees... https://www.reuters.com/article/us-u...-idUSKCN1NF0PC
Wishful thinking? Haha. Senate has Republican majority
A snails pace wins the race :-)
  • #59,167
  • Nov 11, 2018 12:09pm Nov 11, 2018 12:09pm
2 hours to market open.. Still holding a 1.13362 short, another pending at 1.1345 still on, stops at 1.1352. Still the same plan, except I moved up my TP to 1.1317, wait to see if H1 closes below or above 1.1300 then either rejoin shorts or go long accordingly.

4am here. Just staying up to see where she opens then I’m off to bed.

Blessed Monday to everyone here. Hope you’re all well rested.
You hesitate, you masturbate.
  • #59,168
  • Nov 11, 2018 12:11pm Nov 11, 2018 12:11pm
Quoting engweijie
2 hours to market open.. Still holding a 1.13362 short, another pending at 1.1345 still on, stops at 1.1352. Still the same plan, except I moved up my TP to 1.1317, wait to see if H1 closes below or above 1.1300 then either rejoin shorts or go long accordingly. 4am here. Just staying up to see where she opens then I’m off to bed. Blessed Monday to everyone here. Hope you’re all well rested.
Sounds like a plan Eng! Blessed week to you too!
  • #59,169
  • Nov 11, 2018 12:12pm Nov 11, 2018 12:12pm
Looks like it will open with large gap down. Let's see!
  • #59,170
  • Nov 11, 2018 12:13pm Nov 11, 2018 12:13pm
Quoting bigiivan
Looks like it will open with large gap down. Let's see!
that would be sweet! how does one know that by the way?
  • #59,171
  • Nov 11, 2018 12:15pm Nov 11, 2018 12:15pm
Quoting kayikayi
{quote} that would be sweet! how does one know that by the way?
Premarket- 1,1313: http://forex.tradingcharts.com/chart...er=1m&sub=Save
  • #59,172
  • Nov 11, 2018 12:16pm Nov 11, 2018 12:16pm
Quoting kayikayi
{quote} that would be sweet! how does one know that by the way?
https://www.bloomberg.com/quote/EURUSD:CUR

Quoting bigiivan
Looks like it will open with large gap down. Let's see!
Holy smokes it’s 1.1314 now you are right! If it opens in that’s area I will close shorts wait for gap to correct then short again with same plan.
You hesitate, you masturbate.
  • #59,173
  • Nov 11, 2018 12:19pm Nov 11, 2018 12:19pm
Quoting engweijie
{quote} https://www.bloomberg.com/quote/EURUSD:CUR {quote} Holy smokes it’s 1.1314 now you are right! If it opens in that’s area I will close shorts wait for gap to correct then short again with same plan.
Don't be hurry! Let's is open first. It may close the gap before opening. It happened many times.
  • #59,174
  • Nov 11, 2018 12:21pm Nov 11, 2018 12:21pm
Quoting engweijie
2 hours to market open.. Still holding a 1.13362 short, another pending at 1.1345 still on, stops at 1.1352. Still the same plan, except I moved up my TP to 1.1317, wait to see if H1 closes below or above 1.1300 then either rejoin shorts or go long accordingly. 4am here. Just staying up to see where she opens then I’m off to bed. Blessed Monday to everyone here. Hope you’re all well rested.
price is around your TP now. 1314 at the moment...
  • #59,175
  • Nov 11, 2018 12:21pm Nov 11, 2018 12:21pm
Quoting bigiivan
{quote} Don't be hurry! Let's is open first. It may close the gap before opening. It happened many times.
True true got a little too carried away heh fingers crossed don't jinx it. Would be a wonderful start to the week.
You hesitate, you masturbate.
  • #59,176
  • Nov 11, 2018 12:33pm Nov 11, 2018 12:33pm
Thanks Bigiivan and Engweijie. Much appreciated!
  • #59,177
  • Nov 11, 2018 1:12pm Nov 11, 2018 1:12pm
Trying my new system based on retracements. lets see

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POSTMASTER
  • #59,178
  • Nov 11, 2018 1:34pm Nov 11, 2018 1:34pm
Good day guys, i just decided to drop this forecast for monday trading here. Use with caution.
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Risk comes from not knowing what to do
  • #59,179
  • Edited 2:20pm Nov 11, 2018 2:06pm | Edited 2:20pm
Quoting engweijie
2 hours to market open.. Still holding a 1.13362 short, another pending at 1.1345 still on, stops at 1.1352.
lol market opened 1.1318 on my broker, would have happily closed it (and flipped long for 1.1336 target) but 7 pip spread Closed anyway at 1.1325. Pending short aborted.

Added pending buys at 1.1318 (last Friday’s low give or take few pips, plus today’s open) and 1.1298, only valid till London Open - TP 1 at 1.1336 (Friday's close), TP 2 to be decided manually, around 1.1345/1.1350 area. Not putting a SL just yet (not much activity at this hour). Will bail with H1 closing below 1.1295. Just looking to ride the gap correction.

6am here I'm off to bed. Catch y'all later! Green pips to everyone, have a lovely start to the week!
You hesitate, you masturbate.
  • #59,180
  • Edited 3:34pm Nov 11, 2018 3:23pm | Edited 3:34pm
Hello,

I have been following the thread and would like to contribute. I have been working on an Artificial Neural Net to help me with my trading. I don't just follow it blindly however, I use other technical indicators to decide when to enter my trade and exit. It analyzes the past ten years worth of data to make a projection.

When I use it to trade, I am not really concerned about dates, but rather where I am at in the projection and the shape. Dates can be misleading, because there are reports that do not necessarily come out on the same date (sometimes, they are the first Friday, not necessarily on the 4th for example). Also the price can be misleading, that is why I use technical indicators to exit. I am mostly concerned about the shape and direction.

The orange dot represents where I think I am in and everything to the left of the vertical red line is the past.

Anyways hope this helps
Attached File(s)
File Type: pdf Trade_Report_PERCENTAGE_10_DAYS_EUR_USD2018-11-11.pdf   18 KB | 214 downloads
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