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  • #63,141
  • Nov 27, 2018 11:46am Nov 27, 2018 11:46am
Quoting Robinhood1
Reversals are most dificult to catch. few traders survive on the right side of the market. We are going thru one now
No sign yet of reversal. Just a small green candle on H1 chart. I' not convinced of a reversal.
  • #63,142
  • Nov 27, 2018 11:46am Nov 27, 2018 11:46am
Quoting Moty
{quote} Too toooooo i feel a railroad reverse pattern is coming {image}
its more like a train wreck at this point moty
in wondering about yourself, you forgot what you came here to be part of
  • #63,143
  • Nov 27, 2018 11:50am Nov 27, 2018 11:50am
Quoting Techanalyst
{quote} No sign yet of reversal. Just a small green candle on H1 chart. I' not convinced of a reversal.
This is what i mean. You donīt normally see it coming. It has reversed at 1.2662 some weeks ago and is consolidating to reach around 1.3600/1.3700 in my opinion
POSTMASTER
  • #63,144
  • Nov 27, 2018 11:50am Nov 27, 2018 11:50am
Quoting Moty
{quote} Too toooooo i feel a railroad reverse pattern is coming {image}
What if it reverses to 1.1362-65 and goes back down again. Are you still prepare to hold another 80-100 pips of drawdown or will you close it?
  • #63,145
  • Nov 27, 2018 11:51am Nov 27, 2018 11:51am
Quoting engweijie
{quote} Long half usual position size at 1.13876. Still have another buy limit at 1.13780. SL 1.13710.
Buy limit triggered. SL for both trades put to 1.13850.
You hesitate, you masturbate.
  • #63,146
  • Nov 27, 2018 11:51am Nov 27, 2018 11:51am
Sell
1.1288
in wondering about yourself, you forgot what you came here to be part of
  • #63,147
  • Nov 27, 2018 11:51am Nov 27, 2018 11:51am
Quoting Robinhood1
{quote} This is what i mean. You donīt normally see it coming. It has reversed at 1.2662 some weeks ago and is consolidating to reach around 1.3600/1.3700 in my opinion
You can see it just not with one candle. For me has to be two or two and half candles, little pullback, go back up than you can probably take a buy. Before that with one candle reverse, it is just gambling. It can't even break 1.1295 it's struggling. Definitely not a sign of a reversal.
  • #63,148
  • Nov 27, 2018 11:52am Nov 27, 2018 11:52am
Quoting Moty
{quote} Too toooooo i feel a railroad reverse pattern is coming {image}
don't worry Moty you are not alone. i'm with you. i also holding 2 long from near you. may Allah blase us all
WMTP (Where is MahiN There is Problem)
  • #63,149
  • Nov 27, 2018 11:52am Nov 27, 2018 11:52am
Quoting knkie
Sell 1.1288
Nice. I was contemplating flipping there back for a sell too.
You hesitate, you masturbate.
  • #63,150
  • Nov 27, 2018 11:53am Nov 27, 2018 11:53am
Quoting Capitalone1
Is really funny how traders lose money chasing 5 to 10 pips trade, for does who followed my advice yesterday must have achieved their 100 pis plus today from the high of yesterday. 50pis up 100pis plus down that is the way Euro will keep the rend until this year is over. Knowledge is power and learning is growth God bless all. {image}
Ask engweijei how he does scalping 5-15 pips all day long. He eats well, man
A snails pace wins the race :-)
  • #63,151
  • Nov 27, 2018 11:54am Nov 27, 2018 11:54am
Quoting Techanalyst
{quote} You can see it just not with one candle. For me has to be two or two and half candles, little pullback, go back up than you can probably take a buy. Before that with one candle reverse, it is just gambling. It can't even break 1.1295 it's struggling. Definitely not a sign of a reversal.
I donīt use candles. In fact, i donīt use anything you guys use. Use my own system. No idea about candle language
POSTMASTER
  • #63,152
  • Nov 27, 2018 11:58am Nov 27, 2018 11:58am
Quoting JustPipMe
{quote} Ask engweijei how he does scalping 5-15 pips all day long. He eats well, man
LOL his way has more effort:reward though
You hesitate, you masturbate.
  • #63,153
  • Nov 27, 2018 11:58am Nov 27, 2018 11:58am
Quoting engweijie
{quote} Nice. I was contemplating flipping there back for a sell too.
thanx man
in wondering about yourself, you forgot what you came here to be part of
  • #63,154
  • Nov 27, 2018 11:59am Nov 27, 2018 11:59am
Ok boys and girl, no good for me this day pullbacks too short. This is my analysis for now.

See you at 8 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.1H.2018.11.27.jpg Size: 157 KB
Don't believe me just watch!
  • #63,155
  • Nov 27, 2018 11:59am Nov 27, 2018 11:59am
Quoting Capitalone1
Is really funny how traders lose money chasing 5 to 10 pips trade, for does who followed my advice yesterday must have achieved their 100 pis plus today from the high of yesterday. 50pis up 100pis plus down that is the way Euro will keep the rend until this year is over. Knowledge is power and learning is growth God bless all. {image}
kind of condescending comment IMO. Depends on the traders style and lot size. If one trades 10 lots then 5-10 pips is an excellent haul, especially if done 2 or 3 times daily. That is a very nice living, trust me. if one is trading pennies then maybe not so good.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #63,156
  • Nov 27, 2018 11:59am Nov 27, 2018 11:59am
Quoting Capitalone1
Is really funny how traders lose money chasing 5 to 10 pips trade, for does who followed my advice yesterday must have achieved their 100 pis plus today from the high of yesterday. 50pis up 100pis plus down that is the way Euro will keep the rend until this year is over. Knowledge is power and learning is growth God bless all. {image}
nothing funnier than your chart...
  • #63,157
  • Nov 27, 2018 12:00pm Nov 27, 2018 12:00pm
Quoting knkie
{quote} thanx man
Now I regret. Good entry, it was right where M5 LWMAs are at. Hope it makes more new lows tonight
You hesitate, you masturbate.
  • #63,158
  • Nov 27, 2018 12:00pm Nov 27, 2018 12:00pm
Quoting Robinhood1
{quote} I donīt use candles. In fact, i donīt use anything you guys use. Use my own system. No idea about candle language
If you don't know about the candlestick patterns, than you need to go back to basic of trading and learn again. The chart is the main tool for trading. Everything else after is just another tools. They are useful but not as much as a chart itself. Not sure what "system" you have but if you don't know how to trade based on candlesticks or bar charts or line charts or price action, I would be very worried. Professional traders don't use just indicators or any "holy grail system" they use the price action on charts. Indicators are just another tools, to help with volume, volatility, reversals and so on. You have to understand that data comes from the charts. So indicators are always behind.
  • #63,159
  • Nov 27, 2018 12:01pm Nov 27, 2018 12:01pm
Quoting pairsniper
{quote} nothing funnier than your chart...
hedging
You hesitate, you masturbate.
  • #63,160
  • Nov 27, 2018 12:03pm Nov 27, 2018 12:03pm
Quoting Techanalyst
{quote} What if it reverses to 1.1362-65 and goes back down again. Are you still prepare to hold another 80-100 pips of drawdown or will you close it?
I will close it at the weekly pivot
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-11-27 20.01.23_1.jpg Size: 98 KB
yes yes yes
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