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  • #61,421
  • Nov 20, 2018 3:17am Nov 20, 2018 3:17am
Not sure about this reversal for 1h, price went up but rsi maintain and going downwards.
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  • #61,422
  • Nov 20, 2018 3:21am Nov 20, 2018 3:21am
This was bound to happen. Broke resistances without retracements and people called for 1.15. The retracement was going to be brutal. How many pips fall in a few minutes. I caught a good part of it. I was not buying the 1.15 thing, though had my stops at 1.1520. Booked all profits at 1.1430.

Let them break the sky now or break the ground, I don't care!
  • #61,423
  • Nov 20, 2018 3:23am Nov 20, 2018 3:23am
Quoting Moty
Wow , 40-50 pips h1 engulfing candle Who you going to call ? {image}
!st test of the hourly 49 area in almost 2 days ,, bout time to test a good level ,, happens to line up around a weekly high area,, how odd , a rather large level ,,think M think
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  • #61,424
  • Nov 20, 2018 3:25am Nov 20, 2018 3:25am
1.1395 level if decisively broken, no hope to break 1.1470 top again.
Also please note 1.1467 level pointed by Amir came thru (886 harmonic pattern + confluence with other things) and he is more aggressive than me and thinks this is the beginning of the path to 1.1100.

For me I will wait to break 1.1395 then I will join that bandwagon.
  • #61,425
  • Nov 20, 2018 3:25am Nov 20, 2018 3:25am
#gann taking blue brick road then hold back right at pink line resistance 1142133 shared the weekend to bounce nicely
twitter: @gettoefl
  • #61,426
  • Nov 20, 2018 3:25am Nov 20, 2018 3:25am
Quoting Moty
{quote} This is market situation.{image} Macd give you signles{image}
it's not that simple.
divergence and ready to go.?
then everyone would do this.
think about it.
  • #61,427
  • Nov 20, 2018 3:27am Nov 20, 2018 3:27am
Quoting kodebfx
Not sure about this reversal for 1h, price went up but rsi maintain and going downwards. {image}

keep in mind rsi is also moving averages, takes a bit longer for H1 to kick in.
Trade it as it lies
  • #61,428
  • Nov 20, 2018 3:30am Nov 20, 2018 3:30am
Quoting kayikayi
1.1395 level if decisively broken, no hope to break 1.1470 top again. Also please note 1.1467 level pointed by Amir came thru (886 harmonic pattern + confluence with other things) and he is more aggressive than me and thinks this is the beginning of the path to 1.1100. For me I will wait to break 1.1395 then I will join that bandwagon.
No hope aay ,, give the mkt an ultimatum and see what happens
  • #61,429
  • Nov 20, 2018 3:34am Nov 20, 2018 3:34am
Quoting KasiFlavour
{quote} Hows that croissant & coffee with that long?
stopped out obviously

Hows your mean spirited personality doing?
in wondering about yourself, you forgot what you came here to be part of
  • #61,430
  • Nov 20, 2018 3:35am Nov 20, 2018 3:35am
Quoting digger1
{quote} No hope aay ,, give the mkt an ultimatum and see what happens
I dig that digg. lol lol

we not there yet though...only few indications here and there so far...and yes E V E R Y T H I N G is possible
  • #61,431
  • Nov 20, 2018 3:41am Nov 20, 2018 3:41am
sold. 1.1434
  • #61,432
  • Nov 20, 2018 3:41am Nov 20, 2018 3:41am
Quoting knkie
{quote} stopped out obviously Hows your mean spirited personality doing?
Was just messing with bro, nothing more than light banter...
  • #61,433
  • Nov 20, 2018 3:43am Nov 20, 2018 3:43am
Quoting MzansiObi
Morning Money Team As mentioned yesterday, a look at the daily close yesterday has still got me bearish as we still closed below the old LWMA. The close above the new one shows that there may be a shift in momentum. Intra day Outlook Sell limit 1.14975 SL 20 Pips. **I have the handle marked out as mag res. Sell limit 1.15457 SL 20 Pip ** The violation and close above 1.1430 has got this handle marked out as strong resistance on Daily Buying limit 1.14313 SL 20 Pips ** looking to buy any dips towards the lwma and close to mean reversion on hourly...
Update:1st Buy Order activated.... Will begin trailing shortly after closing 60% of the trade and moving SL to BE


Stay Green Traders
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4&1 All Time Profit: $37,496
  • #61,434
  • Nov 20, 2018 3:45am Nov 20, 2018 3:45am
Quoting kayikayi
{quote} I dig that digg. lol lol we not there yet though...only few indications here and there so far...and yes E V E R Y T H I N G is possible
It had a daily close over a rough monthly price average ,, good possibility its about to pick up some steam ,, whats a mkt do ,, goes thru a level retests it it holds or it dont ,, ,,quartely open sent it down ,, put in a new low ,, did that low hold ? half way thru the quarter ,,been picking levels off on the way back up from a new low all the way up to close above a rough monthly ave ,,, what carrys the load ? Lots of chess to play buuutttt
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  • #61,435
  • Nov 20, 2018 3:51am Nov 20, 2018 3:51am
the present price is a sign of weakness.
I think the south is good.
h4
  • #61,436
  • Nov 20, 2018 3:55am Nov 20, 2018 3:55am
Quoting digger1
{quote} It had a daily close over a rough monthly price average ,, good possibility its about to pick up some steam ,, whats a mkt do ,, goes thru a level retests it it holds or it dont ,, ,,quartely open sent it down ,, put in a new low ,, did that low hold ? half way thru the quarter ,,been picking levels off on the way back up from a new low all the way up to close above a rough monthly ave ,,, what carrys the load ? Lots of chess to play buuutttt {image}
oh so we are saying the same thing....if that big white bar/rectangle doesn't hold price...we are going down towards the first white box it finds on its way. ....
too early to tell...let's see how is that big barrage on your chart fares!....hold or fold?
  • #61,437
  • Nov 20, 2018 3:58am Nov 20, 2018 3:58am
Quoting gettoefl
#gann taking blue brick road then hold back right at pink line resistance 1142133 shared the weekend to bounce nicely
#gann second exact touch bounce, is it obvious
twitter: @gettoefl
  • #61,438
  • Nov 20, 2018 4:01am Nov 20, 2018 4:01am
Quoting kayikayi
{quote} oh so we are saying the same thing....if that big white bar/rectangle doesn't hold price...we are going down towards the first white box it finds on its way. .... too early to tell...let's see how is that big barrage on your chart fares!....hold or fold?
I would be more inclined to sell ,,lol atm its having a hard time stying below a m15 200 ,Id start with something small lol,, it is under an m5 200 as far as selling I did , out of them now as the weekly high did not fold as of yet ,,
  • #61,439
  • Nov 20, 2018 4:01am Nov 20, 2018 4:01am
inverse H&S forming on 4H very likely...
  • #61,440
  • Nov 20, 2018 4:04am Nov 20, 2018 4:04am
Long at 1.14274 after high volume M5 double bottom, 4 pips SL
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