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  • #60,881
  • Edited 11:45am Nov 16, 2018 10:46am | Edited 11:45am
I have long at 1.1401.. Should I hold the position or close it?

Edit closed at 1.1417
  • #60,882
  • Nov 16, 2018 10:51am Nov 16, 2018 10:51am
I have a time line at 16:45

sometimes they work sometimes they don't

we may weigh anchor at 1.1406 if not we drift lower

aye

ps never put a W in front of anchor
All charts/ideas based on UK time zone
  • #60,883
  • Nov 16, 2018 10:54am Nov 16, 2018 10:54am
Quoting Techanalyst
{quote} Well stop selling, you can clearly see it is an uptrend and it is going up because obviously EURUSD has turned to the upside. How far we don't know yet but it is going up and from the looks of it, it will go further up until about 1.1430-35. The 1.1385 is the support on the H1 chart, does not want to get there again for now.
If only it was that simple, it's going up so just buy. Back off man I'm a scientist I know it will go further up but there's a potentially large dip left in the wave count. Or it's done and it will go up. It's not clear so have to plan for both eventualities wich I've done.
Founder of Sutherland Wave Principle
  • #60,884
  • Nov 16, 2018 11:02am Nov 16, 2018 11:02am
London close,

Not taking anymore trades today, calling it a day and week!

Grtz
What's that smell? ---- I smell money!
  • #60,885
  • Nov 16, 2018 11:02am Nov 16, 2018 11:02am
Quoting Techanalyst
{quote} Well stop selling, you can clearly see it is an uptrend and it is going up because obviously EURUSD has turned to the upside. How far we don't know yet but it is going up and from the looks of it, it will go further up until about 1.1430-35. The 1.1385 is the support on the H1 chart, does not want to get there again for now.
Well, time to sell again around 1.1430-1460 zone. Downtrend is still heavy overall. 1.08 is on horizon.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #60,886
  • Nov 16, 2018 11:03am Nov 16, 2018 11:03am
guys there is a double top (M) chart pattern in M5 so i'm thinking about short
WMTP (Where is MahiN There is Problem)
  • #60,887
  • Nov 16, 2018 11:05am Nov 16, 2018 11:05am
Quoting MahiNbd
guys there is a double top (M) chart pattern in M5 so i'm thinking about short
i think that's just price ranging.. Be careful!
You hesitate, you masturbate.
  • #60,888
  • Nov 16, 2018 11:07am Nov 16, 2018 11:07am
I am noticing some newcomers to this thread. Just a kind reminder to first read the rules on "page 1" if you haven't already. Thanks and welcome!

Stay Green
Focus only on what truly matters!
  • #60,889
  • Nov 16, 2018 11:07am Nov 16, 2018 11:07am
I'm worried because I have buy stops at 1414 and the they might get triggered before the dip. Same thing last night.

Like a Sell limit 1420
Founder of Sutherland Wave Principle
  • #60,890
  • Nov 16, 2018 11:08am Nov 16, 2018 11:08am
Just returned from playing tourist and my 6th and final target of 1392 was met. A good week whilst everybody was selling I was making targets. Done for the week Thank you one and all. I will be short euro most of next week. Just for fun. Hope ENGWEIJIE got some sleep.
  • #60,891
  • Nov 16, 2018 11:13am Nov 16, 2018 11:13am
Quoting suthmo
{quote}If only it was that simple, it's going up so just buy. Back off man I'm a scientist I know it will go further up but there's a potentially large dip left in the wave count. Or it's done and it will go up. It's not clear so have to plan for both eventualities wich I've done.
Might be a tiny bit more left on the upside into Monday but this market is heading down to 1310 or a bit lower (1300??) during next week. I agree there is a large correction to 1250 AS AN EXTREME so you are right to cover your ass.
  • #60,892
  • Nov 16, 2018 11:13am Nov 16, 2018 11:13am
Quoting Coreg2004
@Kayi, congrats ......absolutely great call.
with your help yes!!! thx let's rock it next week!
  • #60,893
  • Nov 16, 2018 11:14am Nov 16, 2018 11:14am
Hi gang , i just read the rules Ata . Here's my results for last day . It's not amazing but steady . My main aim is returning results like these and catch the odd big wave They are nothing to boast about , just letting everyone know where i'm at . Btw working out of a pot of around £700 , happy hunting CH33T
Attached Image (click to enlarge)
Click to Enlarge Name: PL.PNG Size: 22 KB
  • #60,894
  • Nov 16, 2018 11:14am Nov 16, 2018 11:14am
Quoting suthmo
I'm worried because I have buy stops at 1414 and the they might get triggered before the dip. Same thing last night.
Cancel them if you feel the market conditions aren't right anymore.?
  • #60,895
  • Nov 16, 2018 11:15am Nov 16, 2018 11:15am
Quoting directxxx
Just returned from playing tourist and my 6th and final target of 1392 was met. A good week whilst everybody was selling I was making targets. Done for the week Thank you one and all. I will be short euro most of next week. Just for fun. Hope ENGWEIJIE got some sleep.
Haha I did, thanks for remembering Congrats on your haul and enjoy your weekend!
You hesitate, you masturbate.
  • #60,896
  • Nov 16, 2018 11:16am Nov 16, 2018 11:16am
I think there is still 20-40 pip in the north. Possible.
unfortunately It's Friday.

I would rather focus on the next week looking, occurrence south.
h4
  • #60,897
  • Nov 16, 2018 11:17am Nov 16, 2018 11:17am
Short for my usual Friday carry trade play. Probably should have waited for 143x, we'll see how it plays out. Target 1350 by closing time.
  • #60,898
  • Nov 16, 2018 11:23am Nov 16, 2018 11:23am
Quoting suthmo
{quote}If only it was that simple, it's going up so just buy. Back off man I'm a scientist I know it will go further up but there's a potentially large dip left in the wave count. Or it's done and it will go up. It's not clear so have to plan for both eventualities wich I've done.
Trading is not simple, but today was as clear as blue sky that the trend is up. It doesn't make sense that you would sell against it and risk the drawdown.
  • #60,899
  • Nov 16, 2018 11:24am Nov 16, 2018 11:24am
Attached Image (click to enlarge)
Click to Enlarge Name: eurospot11-16.5M.2PNG.PNG Size: 164 KB
Always trade your own plan...I don't provide trading signals.
  • #60,900
  • Nov 16, 2018 11:25am Nov 16, 2018 11:25am
Quoting kayikayi
{quote} Moumon What's you price level at C" please? 1.1455? thx!
1.1450
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