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  • #70,061
  • Dec 26, 2018 11:38am Dec 26, 2018 11:38am
IMO a good buying price is 13550. But it could go much lower than this. We have to see.
  • #70,062
  • Dec 26, 2018 11:38am Dec 26, 2018 11:38am
Quoting Dingoman-two
{quote} I am waiting to see the one hour candle can close above Ata's lwma
It was not about the green line today.. It was about selling dashed BLUE TL and if you waited for that now you would have been in nice profit.

Here check what I said:

Quoting Ata-Turkoglu
H1 Status Update H1 candles are still below Green line --> Bearish! 1.13935 area is magnetic resistance, and while below it --> Bearish! Potential Head&Shoulder target (based on magnetic distance): 1.13025 area (but first, candles have to drop below DAILY GREEN LINE area: 1.1362 that also can act as support.) Overall tone: bearish! I keep selling swing highs towards Dashed BLUE TL OR I sell potential pullbacks right after every new BLUE TL breakouts. Rinse and repeat. I probably won't be around until the first week of January 2019, so Happy...
And now I am saying: Keep selling swing highs while price stays below 1.13925 because now that level will become even more important.

Stay Green
Focus only on what truly matters!
  • #70,063
  • Dec 26, 2018 11:39am Dec 26, 2018 11:39am
Forming Bearish pin bar 4 hour time frame
  • #70,064
  • Dec 26, 2018 11:43am Dec 26, 2018 11:43am
Quoting engweijie
1.1363 looks like a good area (again) to buy.
Hi engweije

I agree, buti think 1.1368xx is not bad either. hahaha
it has met the support.
Attached Image (click to enlarge)
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A great money comes with a great algorithm.
  • #70,065
  • Dec 26, 2018 11:43am Dec 26, 2018 11:43am
Quoting Ata-Turkoglu
{quote} It was not about the green line today.. It was about selling dashed BLUE TL and if you waited for that now you would have been in nice profit. Here check what I said: {quote} And now I am saying: Keep selling swing highs while price stays below 1.13925 because now that level will become even more important. Stay Green
1.1350 looks to be the neckline of the H&S. If that breaks, it should move to 1.1240 in the next week or 2.
Observation is the path to discovery.
  • #70,066
  • Dec 26, 2018 11:43am Dec 26, 2018 11:43am
Quoting engweijie
1.1363 looks like a good area (again) to buy.
Hahahaha.. just like smoke chasing out a rat, price action just chased you out. Nice one!

With the rejection at the top I think that SHS pattern on the 4hr may have been validated. This may fall far, far deeper this time.
  • #70,067
  • Dec 26, 2018 11:44am Dec 26, 2018 11:44am
Quoting Ata-Turkoglu
{quote} It was not about the green line today.. It was about selling dashed BLUE TL and if you waited for that now you would have been in nice profit. Here check what I said: {quote} And now I am saying: Keep selling swing highs while price stays below 1.13925 because now that level will become even more important. Stay Green
Thank you!!!!
  • #70,068
  • Dec 26, 2018 11:46am Dec 26, 2018 11:46am
Quoting engweijie
1.1363 looks like a good area (again) to buy.
I agree.. 55 would be better tho
Patience is key
  • #70,069
  • Dec 26, 2018 11:52am Dec 26, 2018 11:52am
Quoting Ata-Turkoglu
{quote} It was not about the green line today.. It was about selling dashed BLUE TL and if you waited for that now you would have been in nice profit. Here check what I said: {quote} And now I am saying: Keep selling swing highs while price stays below 1.13925 because now that level will become even more important. Stay Green

All good thanks Ata,

I have done very well indeed today my friend,

And on that note its good night one and all from the land of Oz

zzzzzzzzzzzzzzzzzzz
  • #70,070
  • Dec 26, 2018 11:56am Dec 26, 2018 11:56am
Looks like some manipulation or intervention. Lets see how long Americans can suffer.
  • #70,071
  • Dec 26, 2018 12:01pm Dec 26, 2018 12:01pm
Quoting JakubSzalaFX
Looks like some manipulation or intervention. Lets see how long Americans can suffer.
Alot of stops been taken out , I'm expecting big drop...
  • #70,072
  • Dec 26, 2018 12:04pm Dec 26, 2018 12:04pm
Quoting AndrewThor
{quote} Alot of stops been taken out , I'm expecting big drop...
Could be interesting. Big drop seems to be from the HUGE swing in the Dow. Went from down 200 to up 500
Patience is key
  • #70,073
  • Dec 26, 2018 12:04pm Dec 26, 2018 12:04pm
Quoting AndrewThor
{quote} Alot of stops been taken out , I'm expecting big drop...
Plus a lot of break out traders who bought when price broke 1.1400 and worse those who bought when price broke 1.1409 trapped at the top hoping for a pullback. EU can be unforgiving. All those spikes were sell entries. Buying this pair is a complete waste of time except at supports for quick pips.
  • #70,074
  • Dec 26, 2018 12:05pm Dec 26, 2018 12:05pm
Quoting seenkat
{quote} I agree.. 55 would be better tho
Quoting rudolpham
{quote} Hi engweije I agree, buti think 1.1368xx is not bad either. hahaha it has met the support. {image}
Quoting Mitiblotch
{quote} Hahahaha.. just like smoke chasing out a rat, price action just chased you out. Nice one! With the rejection at the top I think that SHS pattern on the 4hr may have been validated. This may fall far, far deeper this time.
Looks like she wants to fall deeper, even at this hour :o
You hesitate, you masturbate.
  • #70,075
  • Dec 26, 2018 12:05pm Dec 26, 2018 12:05pm
This seems to coming even lower. Let's see. No buying for me yet.
  • #70,076
  • Dec 26, 2018 12:07pm Dec 26, 2018 12:07pm
Anyway, this will not fall forever. Maybe 1340 is a good place to buy, expecting that asian session will buy it. But the week outlook is bearish, so it would fall again afterwards.
  • #70,077
  • Dec 26, 2018 12:09pm Dec 26, 2018 12:09pm
Quoting engweijie
1.1363 looks like a good area (again) to buy.
Buy 1.13588, SL 15 pips. Targeting about 15 to 20 pips from here lets see.
You hesitate, you masturbate.
  • #70,078
  • Dec 26, 2018 12:10pm Dec 26, 2018 12:10pm
sweet 2018
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  • #70,079
  • Dec 26, 2018 12:11pm Dec 26, 2018 12:11pm
Quoting Pip Bond
This seems to coming even lower. Let's see. No buying for me yet.
The PA is like 1-1 with the DJIA today. Very strange IMO.

55 may be a good buying point if it holds.. since the FOMC rate decision caused the 1.1439 to 1.1355 drop. What has happened since? Pair went up to 1.15 basically off nothing.
Patience is key
  • #70,080
  • Dec 26, 2018 12:11pm Dec 26, 2018 12:11pm
there's still room to go lower imho
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