Attachments: EURUSD only

EURUSD only

#60,621
Nov 16, 2018 2:10am Nov 16, 2018 2:10am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

Good Morning,

10 AM London, EU CPI data is very important , if we get green then she might wana visit 1.14- 1.141x, RED data sentiment can turn negative again.

Headwinds: Brexit , single biggest risk, can alter anything any-time. News from Italy, stay tune

Pending Sell Order: 1.1399, 1.1411, SL: 40 pips, TP: Open

Current position: Side lined, No short in mind at the moment

NB: It's Friday, will trade carefully, Weekly close above 200 MVA is very important for Bulls.

Happy Trading.

Trades technical moves enforced by fundamentals

#60,622
Nov 16, 2018 2:11am Nov 16, 2018 2:11am

sponge
| Joined Apr 2018 | Status: Trader | 1,732 Posts

Quoting sponge

Disliked

{quote} 1.1357 res poss

Ignored

Back at resistance or a break ?

All charts/ideas based on UK time zone

#60,623
Nov 16, 2018 2:11am Nov 16, 2018 2:11am

Alorente
Joined Aug 2011 | Status: Trader | 4,929 Posts

Quoting Ata-Turkoglu

Disliked

{quote} Based on rules: You would be long somewhere at 1.1337 area after RED TL breakout (Meaning you waited for a H1 candle closes above RED TL and then waited a little bit more to see the retrace back to breakout level or sometimes a touch to LWMA7 can also be okay). Then you would bring your SL to breakeven and wait. But here of course once price hits 1.1355 area you would start to move your SL a little bit higher and maybe put it to 1.1342. Then when price comes back and stops you out you still leave the table with some profit. But then you...

Ignored

Thanks. Very well explained.

Observation is the path to discovery.

#60,624
Nov 16, 2018 2:11am Nov 16, 2018 2:11am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,197 Posts | Online Now

Quoting Ata-Turkoglu

Disliked

Testing waters again.. New Sell Order: 1.1346 (half lot size than what I normally use) SL: 22 pips TP: Open Stay Green

Ignored

Selling an additional half lot size order than I normally use at 1.1355
SL: 12 pips
TP: Open

Stay Green

Focus only on what truly matters!

#60,625
Nov 16, 2018 2:12am Nov 16, 2018 2:12am

digger1
Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,062 Posts

Quoting mrmalik1

Disliked

{quote} Oh ok thanks

Ignored

this M 1 hard on the eyes lol,, yesterdays high to test ,, daily R1 just above ,, same ole M1 posted since todays open see if london lets yesterdays high keep it in check but at the least the bull flag projection should get tagged ,, a number of 10 pip trades in there now lol,,

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#60,626
Nov 16, 2018 2:13am Nov 16, 2018 2:13am

MzansiObi
Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts

Morning Money Team.

Outlook for the Day
Sell order at 1.13600
30 Pip SL.

Pending sell at 1.13962,
50 Pip SL
*looking at the average weekly range and have the 1.1400 as possible weekly high, that my mag res on hourly chart is also around there
wider SL as 1.14300 is not to far away and price pushing up to that level should be met buy some sellers.

Pending Buy
1.1300
20 pip sl

* this buy is due to anticipated bounce off of the lwma on the 4hr chart. the tighter stop loss just due to the fact that although 1.1300 servred as support then resistance, the level has been violated a couple of times off late.
Pending Buy
1.12760
30 Pip SL
*yesterdays bounce off of the area.
...

Stay green

4&1 All Time Profit: $37,496

#60,627
Nov 16, 2018 2:16am Nov 16, 2018 2:16am

sponge
| Joined Apr 2018 | Status: Trader | 1,732 Posts

Quoting sponge

Disliked

{quote} Back at resistance or a break ?

Ignored

Quite bullish if we stay over

Volume seems to be backing the bulls atm

All charts/ideas based on UK time zone

#60,628
Nov 16, 2018 2:16am Nov 16, 2018 2:16am

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

Quoting majorpairs

Disliked

{quote} im hoping with draghi news price will shoot up, let us enter then drop heavy ))))) i placed pending sell order at 1.13625

Ignored

opened short at 1.1358 and pending sell order got hit, willing to add another short around 1.1370 no sl tp open until end of london session

#60,629
Edited 2:28am Nov 16, 2018 2:18am | Edited 2:28am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

By looking at Daily chart & levels... just took a small short at 1.1367, SL: 50 pips( will monitor closely ) , TP: Open ( will be closed if we get green data from EU)

Happy Trading.

Trades technical moves enforced by fundamentals

#60,630
Nov 16, 2018 2:19am Nov 16, 2018 2:19am

TightStops
| Joined Oct 2018 | Status: Trader | 143 Posts

Started a short position @1.1365

#60,631
Nov 16, 2018 2:19am Nov 16, 2018 2:19am

engweijie
Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts

Quoting engweijie

Disliked

{quote} I extended my pendings from last night (1.1362 and 1.1397), dont think it will go so far as to hit 1.1397, but I’ll stretch the stop loss for the first pending and give it room to go up to 1.1375. Best wishes

Ignored

Triggered. Good luck to all bears

You hesitate, you masturbate.

#60,632
Nov 16, 2018 2:20am Nov 16, 2018 2:20am

Lcky
| Joined Jul 2018 | Status: Trader | 390 Posts

Quoting Ata-Turkoglu

Disliked

{quote} Based on rules: You would be long somewhere at 1.1337 area after RED TL breakout (Meaning you waited for a H1 candle closes above RED TL and then waited a little bit more to see the retrace back to breakout level or sometimes a touch to LWMA7 can also be okay). Then you would bring your SL to breakeven and wait. But here of course once price hits 1.1355 area you would start to move your SL a little bit higher and maybe put it to 1.1342. Then when price comes back and stops you out you still leave the table with some profit. But then you...

Ignored

ATa bro it is going up shall we still keep our sell????

#60,633
Nov 16, 2018 2:20am Nov 16, 2018 2:20am

Donwealt
| Joined Aug 2018 | Status: Trader | 676 Posts

The most difficult thing in trading is deciding when to get out. Had >30 pips(>20 GU &>10eu) twice but didn't take it. First one went back crossed my entry and later moved again in my favour (>24gu&>10eu) just b4 LO. Considered pocketing the 35 as a morning tea but decided to follow the advice of elders & hold on. Ended up with only 7.6 pips outa 35+. Too bad I didn't follow my guts. My tight SL of 12 to 15 would've been hit. Glad I didn't allow that.

#60,634
Nov 16, 2018 2:21am Nov 16, 2018 2:21am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,197 Posts | Online Now

Quoting Ata-Turkoglu

Disliked

{quote} Selling an additional half lot size order than I normally use at 1.1355 SL: 12 pips TP: Open Stay Green

Ignored

Waiting.. a M5 candle close above 1.1367 will kill both of my half size trades..

Stay Green

Focus only on what truly matters!

#60,635
Nov 16, 2018 2:21am Nov 16, 2018 2:21am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

New top & hence price may lift to 1394/1424 "before correction. Care.

Not understand?better not follow my analyses!doubt clearer first, risks ++

#60,636
Nov 16, 2018 2:21am Nov 16, 2018 2:21am

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

everyone short, NICE lets do this - come on draghi lol tp1 1.1320

#60,637
Nov 16, 2018 2:22am Nov 16, 2018 2:22am

sponge
| Joined Apr 2018 | Status: Trader | 1,732 Posts

Tinkering with y/days high

All charts/ideas based on UK time zone

#60,638
Nov 16, 2018 2:24am Nov 16, 2018 2:24am

MzansiObi
Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts

Quoting digger1

Disliked

{quote} this M 1 hard on the eyes lol,, yesterdays high to test ,, daily R1 just above ,, same ole M1 posted since todays open see if london lets yesterdays high keep it in check but at the least the bull flag projection should get tagged ,, a number of 10 pip trades in there now lol,, {image}

Ignored

I agree with you brother.
will be looking to play ping pong with it all day today....

That bull flag projection of yours was an oversite on my part that i hadnt looked at. Thanks for the heads up you Legend.

Stay green

4&1 All Time Profit: $37,496

#60,639
Edited 2:37am Nov 16, 2018 2:25am | Edited 2:37am

qtreider2018
| Joined Oct 2018 | Status: Trader | 113 Posts

Quoting Alorente

Disliked

{quote} Hello Ata. When is it safe to Sell above the Green Line and the Blue trendline? I was waiting for a break of both to Sell. In other words, what did you see here that made you pull the trigger?

Ignored

Working with Fibo levels is a classic. There are three ways to set Fibo levels. Here is the first example. For today you have enough study it.

Attached Images

#60,640
Nov 16, 2018 2:27am Nov 16, 2018 2:27am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

Quoting post

Disliked

By looking at Daily chart & levels... just took a small short at 1.1367, SL: 50 pips( will monitor closely ) , TP: Open ( will be closed if we get green data from EU) Happy Trading.

Ignored

Here we go

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