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  • #1,145,741
  • Nov 16, 2018 6:10am Nov 16, 2018 6:10am
Quoting palpite
{quote} I'm afraid of the crazy friday.
its okay mate
Monday is gonna be okay
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The consistent profit comes from the perfect algorithm.
  • #1,145,742
  • Nov 16, 2018 6:24am Nov 16, 2018 6:24am
I have 1402 for 1100. I'll be shorting @ 1402. Longer term trade so initial SL 100 pips.
  • #1,145,743
  • Nov 16, 2018 7:49am Nov 16, 2018 7:49am
WOW.....I'm totally on the wrong side
You can manage risk, but you can't manage the return
  • #1,145,744
  • Nov 16, 2018 7:54am Nov 16, 2018 7:54am
Quoting mbrown
I have 1402 for 1100. I'll be shorting @ 1402. Longer term trade so initial SL 100 pips.
Very good, congrats.
Together we can be strongest
Vantage Return This Month: na
  • #1,145,745
  • Nov 16, 2018 8:01am Nov 16, 2018 8:01am
Quoting mbrown
I have 1402 for 1100. I'll be shorting @ 1402. Longer term trade so initial SL 100 pips.
What you prayed for the bears not cross the support, teach it for us.
Together we can be strongest
Vantage Return This Month: na
  • #1,145,746
  • Nov 16, 2018 8:07am Nov 16, 2018 8:07am
Quoting palpite
{quote} What you prayed for the bears not cross the support, teach it for us.
The last time I shared part of the pray, some guru stole it, added an indicator and renamed it the really simple straightforward system and amassed hundreds of followers (on another site of course). I think I'll keep the rest of it to myself. Hence, the reason I don't post charts.
  • #1,145,747
  • Nov 16, 2018 8:13am Nov 16, 2018 8:13am
I'm short.
  • #1,145,748
  • Nov 16, 2018 8:13am Nov 16, 2018 8:13am
If you look at the weekly, it shows clear strength. With it being Friday, we will end this week bullish despite the mess at the start of the week.

RSI shows some form of divergence although it cannot be confirmed.

It will be interesting to see what happens at 1.143x.
A 1 pip gain is better than a 1 pip loss.
  • #1,145,749
  • Nov 16, 2018 8:18am Nov 16, 2018 8:18am
Quoting aeternum
If you look at the weekly, it shows clear strength. With it being Friday, we will end this week bullish despite the mess at the start of the week. RSI shows some form of divergence although it cannot be confirmed. It will be interesting to see what happens at 1.143x.
Partly agree. It is 1402 or 1447. IMO.
  • #1,145,750
  • Nov 16, 2018 8:24am Nov 16, 2018 8:24am
sell 1.1450 ,, tp 1.1150 sl 1.1550
  • #1,145,751
  • Nov 16, 2018 8:32am Nov 16, 2018 8:32am
Adding to shorts at 1422.
  • #1,145,752
  • Nov 16, 2018 8:37am Nov 16, 2018 8:37am
Quoting Amir_Forex
1.141 is going to achieve
Caught it
Patterns have an underlying mathematical structure.
  • #1,145,753
  • Nov 16, 2018 8:46am Nov 16, 2018 8:46am
Quoting mbrown
Adding to shorts at 1422.
I'll sell with you.
Together we can be strongest
Vantage Return This Month: na
  • #1,145,754
  • Nov 16, 2018 9:36am Nov 16, 2018 9:36am
A good day today, no trading day for me. In a way, if I had been brave in the morning, I would have bought it.

Anyways, it's ok. No profit, and time and opportunity loss.

But it's been an awesome day. A good lecture, new students and now meeting a long time associate, friend and a self proclaimed financial scientist over beer.

As I write this, he says market may close at 1.1350-60 zone. If he's right, he gets 2 beers from me and if wrong he buys me 2 chilled cans.

Party starts now.
Just retired from University
  • #1,145,755
  • Nov 16, 2018 9:55am Nov 16, 2018 9:55am
Quoting palpite
{quote} I'll sell with you.
.

Trade closed in 1.1397

.
Together we can be strongest
Vantage Return This Month: na
  • #1,145,756
  • Nov 16, 2018 11:07am Nov 16, 2018 11:07am
Another day in forex. Traders are getting long giddy again after the move has already happened.
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  • #1,145,757
  • Nov 16, 2018 11:17am Nov 16, 2018 11:17am
Quoting directxxx
Hey guys There goes the 1362 First Target, Only one left for the week is 1392. IF we get there that should top out the week as I have been saying all week. Hope all you guys who kept taking shorts were able to scalp a few pips each time and made good profits for the week. I am travelling in Portugal this week so just decided to set things up last Friday for the week and set TP's as we moved up through the gears...
Last target hit whilst I was out playing tourist today. All out for the week. I will be short most of next week after a possible turn late Monday. Good weekend people.
  • #1,145,758
  • Nov 16, 2018 11:41am Nov 16, 2018 11:41am
If you are buying at 1.14XXX, you are going against the daily, weekly and monthly trend. Although we bounced off a demand for a nice 200+ pip move up, price is currently sitting in daily supply. Don't get excited about longs at these prices, institutional order flow is against you.

Long term targets = 1.1000 & ultimately 1.0750.

Just my perspective.
  • #1,145,759
  • Nov 16, 2018 11:43am Nov 16, 2018 11:43am
Quoting thirdforex
{quote} Still holding long until price reaches the upper trendline. TP set at 1.1425.


Closed at 1.1415 for +165 pips!!! One winner erases all losers in November! Last major bounce from 1.13 was on 8/15 for about 500 pips. If this bounce was something similar, which is likely based on the very bullish weekly close, then the upper trendline would be broken next week and price would continue north. Move started at 1.1215 so 500 pips from there would put price at around 1.17. I will be observing the price action at this resistance in order to determine where the market wants to take this next week.
I wanna be a billionaire so freaking bad!
  • #1,145,760
  • Nov 16, 2018 11:44am Nov 16, 2018 11:44am
I think we will see a reversal of a daily chart soon, but first 4h needs to make a retrace, because it's currently overbought. monthly is obviously a buy, therefore lower charts will follow in my opinion. today we saw some nice movements in the right direction.
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