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  • #69,481
  • Edited 2:56am Dec 21, 2018 1:51am | Edited 2:56am
The last Fx fixings (Frankfurt and CME) were bearish as price rotates on a range.

A London reversal may be about to come ...or simply wait for PA to support it (to some they do wait) ──IMO: PA candles were always late.

Attached Image (click to enlarge)
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...hmm, how it looks with channels/trend lines
Attached Image (click to enlarge)
Click to Enlarge Name: EU2.JPG Size: 99 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #69,482
  • Dec 21, 2018 1:53am Dec 21, 2018 1:53am
waiting sell order 1.14850
  • #69,483
  • Dec 21, 2018 1:53am Dec 21, 2018 1:53am
Bought 1.14597, sl moved to BE - will let it run

general question - how many pips do you guys usually get ahead before moving sl to BE (in case of backlash etc)?
  • #69,484
  • Dec 21, 2018 1:57am Dec 21, 2018 1:57am
Quoting Jp1
Bought 1.14597, sl moved to BE - will let it run general question - how many pips do you guys usually get ahead before moving sl to BE (in case of backlash etc)?
Depend you want to take risk or not
PA Return Today: 0.3%
  • #69,485
  • Dec 21, 2018 2:00am Dec 21, 2018 2:00am
Quoting Jp1
Bought 1.14597, sl moved to BE - will let it run general question - how many pips do you guys usually get ahead before moving sl to BE (in case of backlash etc)?

IMO: if not confident enough with my positions... I moved to BE right after 10+ pips. NO SL, if confident with a fundamental bias and well thought of position sizing... if not fully confident anymore while on positive pips... Scale down my positions with SL+. Risk Management must be dependent on your own trading strategy. I like what Abokwaik put on to his quote... "Trading Fundamentals... Technically"
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #69,486
  • Dec 21, 2018 2:02am Dec 21, 2018 2:02am
M5

for Scalping (I learn it now)
I move SL to Be by 1st Possibility
My broker let me 2p for playing

If I have Profit >2p
I move fast SL to BE

atb/vvm
PA Trading with EMAs & common Sense
  • #69,487
  • Dec 21, 2018 2:12am Dec 21, 2018 2:12am
good-almost-christmas-morning

is this crazy at this time of year?

Long
1.1470
Target= R2 weekly @ 1.1514
SL=10
in wondering about yourself, you forgot what you came here to be part of
  • #69,488
  • Dec 21, 2018 2:14am Dec 21, 2018 2:14am
Woke up to grab a drink of water. Checking my charts, the opportunity was there. I took long on EURUSD because I can! See you in few hours. Trade safe.
Attached Image (click to enlarge)
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  • #69,489
  • Dec 21, 2018 2:20am Dec 21, 2018 2:20am
Just for laughs.....
Attached Image (click to enlarge)
Click to Enlarge Name: possible 4hr setup.png Size: 72 KB
4&1 All Time Profit: $37,496
  • #69,490
  • Dec 21, 2018 2:26am Dec 21, 2018 2:26am
New RED TL breakout occurred, we are looking for a long trade but if you buy, be aware to keep your SL tight in case of a triple top (i.e. crown) on H1. Otherwise, good luck!

*Marking 1.1442 as crucial support on H1.

Stay Green
Focus only on what truly matters!
  • #69,491
  • Dec 21, 2018 2:28am Dec 21, 2018 2:28am
still buy dips mode
Attached Image
trying to make everyday the best risk/reward decisions possible
  • #69,492
  • Dec 21, 2018 2:39am Dec 21, 2018 2:39am
Quoting limzy
{quote} Reversed to buy at 1.1454 for +21. no SL no TP
Flipped to a sell at 1.1466(+12)
  • #69,493
  • Dec 21, 2018 2:41am Dec 21, 2018 2:41am
Hi guys, im silent reader here. Nice too know you all. I just want to ask, if this bull still strong, how far it can go up? Any hope for the bear? Thank you
  • #69,494
  • Dec 21, 2018 2:45am Dec 21, 2018 2:45am
Price came back to RED TL on H1 and potential Dashed RED TL sits at 1.1452 area.. therefore I am stepping down to M5 to look for a bullish sign to enter long.

Stay Green
Focus only on what truly matters!
  • #69,495
  • Dec 21, 2018 2:47am Dec 21, 2018 2:47am
Quoting Ata-Turkoglu
Price came back to RED TL on H1 and potential Dashed RED TL sits at 1.1452 area.. therefore I am stepping down to M5 to look for a bullish sign to enter long. Stay Green
I just closed my long with so much lose one hour candle scared me???
  • #69,496
  • Dec 21, 2018 2:49am Dec 21, 2018 2:49am
Quoting Ata-Turkoglu
Price came back to RED TL on H1 and potential Dashed RED TL sits at 1.1452 area.. therefore I am stepping down to M5 to look for a bullish sign to enter long. Stay Green
what lot sizes are you trading on the regular Ata?
4&1 All Time Profit: $37,496
  • #69,497
  • Dec 21, 2018 2:50am Dec 21, 2018 2:50am
Quoting Lcky
{quote} I just closed my long with so much lose one hour candle scared me???
Nothing is a guarantee yes, but all we are doing is to buy at best place possible given the facts that trend is still bullish. Either trust your feelings and stay on sidelines or rinse and repeat. Totally up to you.

I am still waiting on M5 for bullish signs. None so far. No rush!

Stay Green
Focus only on what truly matters!
  • #69,498
  • Dec 21, 2018 2:51am Dec 21, 2018 2:51am
Quoting knkie
good-almost-christmas-morning is this crazy at this time of year? Long 1.1470 Target= R2 weekly @ 1.1514 SL=10
out
-10
sidelines now
in wondering about yourself, you forgot what you came here to be part of
  • #69,499
  • Dec 21, 2018 2:54am Dec 21, 2018 2:54am
Quoting Ata-Turkoglu
{quote} Nothing is a guarantee yes, but all we are doing is to buy at best place possible given the facts that trend is still bullish. Either trust your feelings and stay on sidelines or rinse and repeat. Totally up to you. Stay Green
yea I am on the side lines at the moment and waiting for the this one hour candle to close and then decide again.
  • #69,500
  • Dec 21, 2018 2:57am Dec 21, 2018 2:57am
this one hour candle close should be the backbreaker
buy the rumor,sell the news
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