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EURUSD only

  • #64,461
  • Nov 30, 2018 12:41pm Nov 30, 2018 12:41pm
Quoting dweb
EU: H4 {image} H1: {image}
EURUSD, H4
Attached Image

H1
Attached Image
We err, and err, and err again, but less.
  • #64,462
  • Nov 30, 2018 12:57pm Nov 30, 2018 12:57pm
Quoting Moty
D1 + 5 m {image} {image}
it should bounce and i will stick to 1350, this is also my 30 min 200 ma
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As Above, So Below
  • #64,463
  • Nov 30, 2018 1:03pm Nov 30, 2018 1:03pm
Moty is as true as it comes Guys
Quote
Everyone here is rooting and cheering for you bro, we want to see you do well! Don't let the 'crocks' steal any more pips from you my friend. Not a single pip more - you deserve to keep them for all the work you've been putting in.
I have not seen one trader show real trades and the struggles to break even and make profit. This is the reality of forex and Moty is showing it all, Well done mate.

Cheers
Trade to trade another day
  • #64,464
  • Nov 30, 2018 1:03pm Nov 30, 2018 1:03pm
The comeback is on
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yes yes yes
  • #64,465
  • Nov 30, 2018 1:07pm Nov 30, 2018 1:07pm
cheezzs!! Closed at @1.1330

Always relearning what one learned. If your set up and analysis tell that the first tp is at 1.1305, leave it there and filter the noise. Send me a rope please!!!

Now Fractals change again:

1. return to 1.1322/33 Then 1.1287 that is a good place to buy for 50 pips. then 1.1200

2. follow rule No 1.
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Don't believe me just watch!
  • #64,466
  • Nov 30, 2018 1:09pm Nov 30, 2018 1:09pm
Moty never give up. This is a real worrior. If he don't succeed on Forex he will in other place, I am sure.
  • #64,467
  • Nov 30, 2018 1:10pm Nov 30, 2018 1:10pm
There is more down to come, price just recovers to say 1.13185 (broken 61 fibo) goodbye before heading south again.

Fridays like this usually close at the extreme
Pension fund Return This Month: 2.2%
  • #64,468
  • Nov 30, 2018 1:24pm Nov 30, 2018 1:24pm
another sell
1.1313
in wondering about yourself, you forgot what you came here to be part of
  • #64,469
  • Edited 2:44pm Nov 30, 2018 1:28pm | Edited 2:44pm
Quoting Montu
{quote} US-China trade war maybe end soon, G20 is coming, Trump maybe negotiating with them if his tweet alive. "Trump says close to doing something with China on trade, but he doesn’t know if he wants to do it"
China is one big fake and failed overcooked economy. This communist regime is done and crawls back to where it belongs.
EUR/USD is bearish long term.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #64,470
  • Nov 30, 2018 1:37pm Nov 30, 2018 1:37pm
Quoting engweijie
{quote} I’ve attached 2 screenshots for your reference, one on what I saw when I took the buy at 1.1360 earlier, and one from earlier in the week to show what the ‘ideal’ set up looks to me. I’m colour blind so don’t fault me on this but: Blue - RSI Grey - Accumulation/Distribution Yellow - Stochs So once price approaches a marked level, I look out for something like this to appear on M5, and once it shows, I step down to M1 and repeat the same process for my entry. I risk about 3 pips each entry, but it usually gives me a quick and near immediate...
Thanks for your elaborate answer, much appreciated.

The trades you have shown are both countertrend trades when a 'digger' level is reached.

What I originally asked is how you enter when you buy a dip or sell a rally in a trend. What signal do you use then to decide that the dip or rally has ended?
  • #64,471
  • Nov 30, 2018 1:38pm Nov 30, 2018 1:38pm
Only hope left for EU Bull is US-China trade deal, at G20, just keeping my last long for the weekend with 80 pips SL (losing that will make my week BE or )

A deal = Dollar down, Possible a Gap up next week
No Deal=RIP EU (Even I will consider closing my midterm longs)

Calling it a day, Green pips to all. Have a nice weekend my friends.

Happy Trading
Trades technical moves enforced by fundamentals
  • #64,472
  • Nov 30, 2018 1:47pm Nov 30, 2018 1:47pm
Quoting knkie
{quote} The Bears are All Around You ! Why not come along for the ride down? if it clears 1.366 it will esplode down. I have learned that an H1 or H4 Kangaroo Tail is a powerful tool and always to be taken seriously
Can you show us a picture please.

According to your desciption it is a three candle pattern. That can take quite a while to develop on the H4 chart!
  • #64,473
  • Nov 30, 2018 1:53pm Nov 30, 2018 1:53pm
Quoting post
Only hope left for EU Bull is US-China trade deal, at G20, just keeping my last long for the weekend with 80 pips SL (losing that will make my week BE or ) A deal = Dollar down, Possible a Gap up next week No Deal=RIP EU (Even I will consider closing my midterm longs) Calling it a day, Green pips to all. Have a nice weekend my friends. Happy Trading
DJ: Trump on trade talks with China: 'I'm open to making a deal, but frankly I like the deal we have now'. But anything can happen. Happy Trading
  • #64,474
  • Nov 30, 2018 2:31pm Nov 30, 2018 2:31pm
Quoting digger1
{quote} A blind man pretending the dust balls on the monitor was braille could have made a killing today with out any aves lol,, nice way to finish the month out

True, but for those who can see, and know how to use them, MAs can paint a beautiful picture.


Attached Image (click to enlarge)
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #64,475
  • Edited 2:56pm Nov 30, 2018 2:33pm | Edited 2:56pm
On the shorter term Euro front, the current impulsive move move down has been initiated from lower level supply compared to 11/23 as the preceding spike of Wednesday was initiated by an irrational interpretation of Fed Chair Powells Wednesday statement or more likely by an "interpretation" that has been created before the "news" even hit the wires. In any case, it is likely that the bottom of Wednesdays spike will show almost no noticable reaction as it was hot air fundamentals in the first place and we should see sub 1,1200 by latest the middle of next week, right into the beginning of the strongest weekly buy zone between 1,1020-1,1190.
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  • #64,476
  • Nov 30, 2018 2:47pm Nov 30, 2018 2:47pm
Quoting Montrealer
{quote} China is one big fake and failed overcooked economy. This communist regime is done and crawls back to where it belongs. EUR/USD is bearish long term.
In my previous post above I mistakenly wrote EU is bullish. Surely, it's BEARISH long term. Corrected it.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #64,477
  • Nov 30, 2018 3:03pm Nov 30, 2018 3:03pm
Probably last scalp of the day. I bought 1.1310 a long time ago. Now 1.1321. I guess I'll just take the pips and run!
  • #64,478
  • Nov 30, 2018 3:04pm Nov 30, 2018 3:04pm
First I want to thank all the supporters, it really gives a good feeling.
Do not worry about me too much, I always hold no more than $ 300 in the account, so even if i will lose it all , it wouldn't be a big disaster,
Especially since I'm already earn big this month.
My entire loss was due to holding a position before the opening of London, because if I went in after the opening, I would be prooftibble today.
I still believe that the move to Area 1.15 will come soon, but I must not settle in thinking only in this direction

eu d1 + dx d1 + eu 5m
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yes yes yes
  • #64,479
  • Nov 30, 2018 3:22pm Nov 30, 2018 3:22pm
Quoting engweijie
Anyway now that the trading day is (somewhat) over, hope it's alright if I asked an off-topic question. If you guys have good brokers to recommend for high volume trading (whether its through an IB discount on commissions or through an active trader/vip programme) please drop me a PM, if you have a referral link I'll gladly sign up under you. I doing some accounting for this quarter and just realised I paid IC Markets $1140 in commissions in a single day (across 53 trades) a while back. Granted that was almost double my usual volume but still, it...
Sent you PM. Sorry about delay, I only wake up to trade the NY afternoon.
  • #64,480
  • Nov 30, 2018 3:27pm Nov 30, 2018 3:27pm
Quoting engweijie
{quote}Everyone here is rooting and cheering for you bro, we want to see you do well! Don't let the 'crocks' steal any more pips from you my friend. Not a single pip more - you deserve to keep them for all the work you've been putting in.
Very cool
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