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  • #65,301
  • Dec 4, 2018 11:33am Dec 4, 2018 11:33am
Quoting engweijie
Bought 1.1329, SL 3 pips. Those look like bull pins on M5... target around 1.1350 or stop-out by trailing.
They are painted, and are false. This will go to 1.1315 now.
  • #65,302
  • Dec 4, 2018 11:33am Dec 4, 2018 11:33am
Quoting engweijie
Bought 1.1329, SL 3 pips. Those look like bull pins on M5... target around 1.1350 or stop-out by trailing.
we are going to at least 1.131x before we bounce

getting spikey now
  • #65,303
  • Dec 4, 2018 11:34am Dec 4, 2018 11:34am
Quoting gatenio
{quote} the second solution that you offer me at noon seems to be very helpful, don't you think?
lol. that is the beauty of it: sometimes works!
but its always better to be synchronous with the market.
As Above, So Below
  • #65,304
  • Dec 4, 2018 11:34am Dec 4, 2018 11:34am
Quoting engweijie
Bought 1.1329, SL 3 pips. Those look like bull pins on M5... target around 1.1350 or stop-out by trailing.
ok nvm no go. done for the day! missus is grumpy (too much time on trading) and I can't focus see y'all during asian session and when tomorrow's direction is set
You hesitate, you masturbate.
  • #65,305
  • Dec 4, 2018 11:35am Dec 4, 2018 11:35am
Quoting asyurei3
{quote} They are painted, and are false. This will go to 1.1315 now.
Please what do you mean by "they are painted"?
  • #65,306
  • Dec 4, 2018 11:36am Dec 4, 2018 11:36am
Quoting asyurei3
{quote} They are painted, and are false. This will go to 1.1315 now.
Quoting kayikayi
{quote} we are going to at least 1.131x before we bounce
yeah looks like it, my bad. good luck guys! i must say i'm really happy for Moty, he's been yelling 1.131x all day/week
You hesitate, you masturbate.
  • #65,307
  • Dec 4, 2018 11:39am Dec 4, 2018 11:39am
i will start slowly buying and see what happens.
As Above, So Below
  • #65,308
  • Dec 4, 2018 11:40am Dec 4, 2018 11:40am
Quoting engweijie
Bought 1.1329, SL 3 pips. Those look like bull pins on M5... target around 1.1350 or stop-out by trailing.
Why to buy in a free falling market? Isn't it safer to sell at 1.1350? Good luck anyways...
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #65,309
  • Dec 4, 2018 11:40am Dec 4, 2018 11:40am
Quoting tashkent
{quote} lol. that is the beauty of it: sometimes works! but its always better to be synchronous with the market.
yeah.. but i took 6 lot positon yesterday evening, huge sl
and fall asleep.. (with a little profit)

woke up and bammmm... 2000$ minus.. which growth to 4000$

yeah buddy, in this case you start to pray
any way, got out of this with a profit.. and im done

good week.
  • #65,310
  • Dec 4, 2018 11:44am Dec 4, 2018 11:44am
Was this USD bull move solely off the Williams commentary?

I'm long now at 1.1330. S/L 1.1250 || T/P open

Stay green (^:
Patience is key
  • #65,311
  • Dec 4, 2018 11:45am Dec 4, 2018 11:45am
Quoting Montrealer
{quote} Why to buy in a free falling market? Good luck anyways...
Clearly I got it wrong but:

1. I thought those were 3 bull pins on M5. I was wrong about that.

2. Momentum indicators which I use to pick bounces off were tapped out and looked ideal to scalp a bounce. Looking at price now I still think I was right about a slight bounce/retrace, but I should have waited for price to touch lower before buying. Again, wrong due to impatience.

3. 90 pip free fall... Not a given but was expecting some sort of bounce/re-trace especially when at a nice support zone.

But ah well. 3 pips to re-learn the lesson of nothing is a given in FX.
You hesitate, you masturbate.
  • #65,312
  • Dec 4, 2018 11:45am Dec 4, 2018 11:45am
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  • #65,313
  • Dec 4, 2018 11:46am Dec 4, 2018 11:46am
Quoting engweijie
{quote} Clearly I got it wrong but: 1. I thought those were 3 bull pins on M5. I was wrong about that. 2. Momentum indicators which I use to pick bounces off were tapped out and looked ideal to scalp a bounce. Looking at price now I still think I was right about a slight bounce/retrace, but I should have waited for price to touch lower before buying. Again, wrong due to impatience. 3. 90 pip free fall... Not...
100 pips already: 1.14178 to 1.1317. Nice fall. Maybe they test bottom again and you can buy for your 1.1350?

Edit: Ah! Already bounced!
  • #65,314
  • Dec 4, 2018 11:48am Dec 4, 2018 11:48am
Quoting gatenio
{quote} yeah.. but i took 6 lot positon yesterday evening, huge sl and fall asleep.. (with a little profit) woke up and bammmm... 2000$ minus.. which growth to 4000$ yeah buddy, in this case you start to pray any way, got out of this with a profit.. and im done good week.
completely understand; have been through.
it actually broke the high but could not hold. things could have been much worse.
glad everything worked out as you hoped though
As Above, So Below
  • #65,315
  • Dec 4, 2018 11:49am Dec 4, 2018 11:49am
Quoting mrmalik1
{quote} you mean you projected that price will come down to retest that area hourly 200 and 50 ema h1?? when price cross hourly 200how much chances that that price will come down to retest it if a pattern presented on higher/lower level
A failure from a weekly high ,, thats a pretty big level mrm, you got to know it is a previous high ,, somebody will be whacking away at it ,,, failure see how the attempts higher got lower and lower ,, then under the average and a neckline ,, longest shoulder is the projected tgt,, i look at the bigger levels to start with ,, used the projection from weekly R1 then just watch the levels below get perieced and fail ,, it will do that till it finds a level it likes or gets above a level then its back the other way it really is no more complicted than that ,,, think of Ata s red and blue trendline breaks ,, failures or pops up are nothing more than that ,, or a pitch fork ,, or what ever you want to call it them ,, to me they are just flags ,, either gonna be a bullflag or a bear flag with a projection ,,, you milk it till its dry ,, there will be a mkt level that slows it down or stops it or reverses it ,,, look to the bigger levels ,, then its the same stuff all over again


no magic numbers no mystic ,, its a level and follow thru or lack there of that will tell you if a level holds or folds
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  • #65,316
  • Dec 4, 2018 11:51am Dec 4, 2018 11:51am
Quoting Mitiblotch
{quote} 100 pips already: 1.14178 to 1.1317. Nice fall. Maybe they test bottom again and you can buy for your 1.1350? Edit: Ah! Already bounced!
Yeah was showering when it happened but I probably wouldn't have taken it anyway... I will sell 1.1350 though if she gets there
You hesitate, you masturbate.
  • #65,317
  • Dec 4, 2018 11:51am Dec 4, 2018 11:51am
buying. lets see. maybe 1350-60
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As Above, So Below
  • #65,318
  • Dec 4, 2018 11:52am Dec 4, 2018 11:52am
Quoting tashkent
i will start slowly buying and see what happens.

buying long's,

looking to get back to the daily high

  • #65,319
  • Dec 4, 2018 11:57am Dec 4, 2018 11:57am
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  • #65,320
  • Dec 4, 2018 11:59am Dec 4, 2018 11:59am
Sold 1.1342. Nothing like going back up tonight.; won't happen! We may tag 1.135x and that's the max I see before further dive.

The 4hr bar is exquisitely bearish! I'm looking for 1.1295 to 1.1300 area to take profit. Shorts from 1.14002 still running.
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