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EURUSD only

  • #62,281
  • Nov 22, 2018 1:58pm Nov 22, 2018 1:58pm
Quoting Dr.Seishin
{quote} I absolutely agree with that. Look at the range on my M60 chart, they are still horizontal. There is nothing better than to wait on the sidelines and do not hurt your brain trying to figure out what's going on. So it is better for everyone to rest. I wish everybody all the best and good trading tomorrow. {image}
Exactly what I said my opinion.
  • #62,282
  • Nov 22, 2018 1:59pm Nov 22, 2018 1:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd181122h4.PNG Size: 42 KB

I like to post charts like this and then the price action tramps all over it and makes it look like nonsense which has been posted by a chimp. (No offence to chimpanzees)
But it looks logical enough and tradeable. My sentiment is very bearish.
Gone to a better place
  • #62,283
  • Nov 22, 2018 2:00pm Nov 22, 2018 2:00pm
Quoting Fredrick7
Techanalyst. You're probably right even though you are basically crystal ball gazing.
Remember, I said I could be wrong. But I also said since yesterday that today and tomorrow it is going to be slow and sideways and that is what's happening so far. That is what happens when USA is on holidays. It's sideways. But I will wait for Monday to confirm either buy or sell. So no, I am not crystal blazing. My style isn't to guess, I just do what the price is doing.
  • #62,284
  • Nov 22, 2018 2:05pm Nov 22, 2018 2:05pm
Ok, sounds like it though. Your crystal ball is telling you that history repeats itself - but remember, there`s always a first time. Tomorrow might be completely different, but now I`m crystal ball gazing.
  • #62,285
  • Nov 22, 2018 2:11pm Nov 22, 2018 2:11pm
Quoting Fredrick7
Ok, sounds like it though. Your crystal ball is telling you that history repeats itself - but remember, there`s always a first time. Tomorrow might be completely different, but now I`m crystal ball gazing.
I agree later on tonight or even tomorrow could definitely be a surprise move. But so far I go by the price, technicals and accumulation and I am standing behind my analysis. But like you said anything could happen the next day and I agree.
  • #62,286
  • Nov 22, 2018 2:13pm Nov 22, 2018 2:13pm
Yes, news flow may be particularly important tomorrow. The main thing I have learnt about trading is always to expect the unexpected. The market is always right, no matter how absurd pa may seem.
  • #62,287
  • Nov 22, 2018 3:30pm Nov 22, 2018 3:30pm
D1 +H1
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yes yes yes
  • #62,288
  • Nov 22, 2018 4:37pm Nov 22, 2018 4:37pm
It's flat, must be flat wave four for the down move.
Founder of Sutherland Wave Principle
  • #62,289
  • Nov 22, 2018 4:42pm Nov 22, 2018 4:42pm
Quoting Moumon
{quote} You're right. There's a branch here. I think it's a triangle. It's going to break through upwards::
Your triangle is at EURJPY!
Don't believe me just watch!
  • #62,290
  • Nov 22, 2018 5:45pm Nov 22, 2018 5:45pm
Attached Image (click to enlarge)
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  • #62,291
  • Nov 22, 2018 7:14pm Nov 22, 2018 7:14pm
Quoting engweijie
Plan today has been to sell as high above 1.1405 as I can, then ride it down.
Good morning,

Same plan for me today, selling off M5 swing highs for countertrend scalps of 3 to 10 pips per trade (London permitting, will re-evaluate accordingly if things change by then), except I have my R to short from slightly higher today.

Yesterday was a good haul, one of my best days. I wanted to practice so I took only sell trades against the supposed bullish trend and netted just under 100 pips. If I had followed the trend, and bought 1.1395/1.1400 and trailed,
think I would have only walked away with 20 to 30 odd pips. Slow (and ranging) days are great for practicing and refining countertrend scalps. 


Anyway, main support areas (to TP sell scalps) I have in mind today: 1.1403, 1.1392, 1.1380 thereabouts. Maybe we'll see 1.1365 which looks really good to buy.
You hesitate, you masturbate.
  • #62,292
  • Nov 22, 2018 8:32pm Nov 22, 2018 8:32pm
Good morning folks,
I went long @1.14063
SL @1.14030
TP maybe around 1.1423
Ask, and it is given. Every single time, no exceptions.
  • #62,293
  • Nov 22, 2018 9:17pm Nov 22, 2018 9:17pm
I switched to long at 1402 then hedged but closed short as I think it wants 1427right now.

Switched to longs because downside is limited. Lowered lot size to give breathing room, put buy at 1352.
Founder of Sutherland Wave Principle
  • #62,294
  • Nov 22, 2018 9:19pm Nov 22, 2018 9:19pm
Quoting beefStew
Good morning folks, I went long @1.14063 SL @1.14030 TP maybe around 1.1423
closed +4 pips @ 1.14102
starting to range so i dont want to wait that long.
Ask, and it is given. Every single time, no exceptions.
  • #62,295
  • Nov 22, 2018 9:21pm Nov 22, 2018 9:21pm
Quoting suthmo
I switched to long at 1402 then hedged but closed short as I think it wants 1427right now. Switched to longs because downside is limited. Lowered lot size to give breathing room, put buy at 1352.
1402 what a beautiful entry bro... could have stops a BE now to keep it risk free. There was no close (just a wick touch) above 1425 so surely it would want to make another attempt to touch, if not 1450 thereafter.
You hesitate, you masturbate.
  • #62,296
  • Nov 22, 2018 9:22pm Nov 22, 2018 9:22pm
if any H1 close below the h1 tag will make this range bear bias.
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Self discipline It is a practice
  • #62,297
  • Nov 22, 2018 10:08pm Nov 22, 2018 10:08pm
Quoting okshop
{quote} collect some free pips before zzZZzz {image} {image}
closed all (TGIF) will see u Traders monday happy Trading
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Self discipline It is a practice
  • #62,298
  • Nov 22, 2018 10:30pm Nov 22, 2018 10:30pm
it's a bear / it's a bat.. It's a bearish bat.
Founder of Sutherland Wave Principle
  • #62,299
  • Nov 22, 2018 11:19pm Nov 22, 2018 11:19pm
Idea for the day

H1 staying above 54MA

some unfinished business up there
Attached Image (click to enlarge)
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Trade it as it lies
  • #62,300
  • Nov 22, 2018 11:58pm Nov 22, 2018 11:58pm
triangle and … down
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