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EURUSD only

  • #70,101
  • Dec 26, 2018 3:17pm Dec 26, 2018 3:17pm
The line in the sand for getting long again.
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  • #70,102
  • Dec 26, 2018 3:24pm Dec 26, 2018 3:24pm
I’ll patiently wait until below 1.12 to long
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  • #70,103
  • Dec 26, 2018 3:24pm Dec 26, 2018 3:24pm
Quoting asyurei3
The line in the sand for getting long again. {image} {image}



going long now is plain stupid


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  • #70,104
  • Dec 26, 2018 3:31pm Dec 26, 2018 3:31pm
Out with 7.1 pips, I don't want to pay the swap. Maybe I will re enter after 10 GMT, depends on what happens in the Asian session.
  • #70,105
  • Dec 26, 2018 5:01pm Dec 26, 2018 5:01pm
I entered again at 1.13534. Let's hope the asian friends will be in their usual buying mood. My TP is 1.138, but not fixed, I might close it before.
  • #70,106
  • Dec 26, 2018 5:18pm Dec 26, 2018 5:18pm
Quoting aen
{quote} going long now is plain stupid {image}
Stupid ,, or maybe looking at a slightly bigger view gives one a more complete mkt view ,, just not a view that only supports one way or what one wants to see ,, time will tell ,, if every one took the same view,,, trading really wouldnt work to well would it ? Before labeling something stupid an expanded view may be time better spent than labeling a view ,, in the end the mkt will always be right ,,any rate hope the holidays are going well for all ,,,cheers traders
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  • #70,107
  • Edited 5:43pm Dec 26, 2018 5:32pm | Edited 5:43pm
Quoting digger1
{quote} Stupid ,, or maybe looking at a slightly bigger view gives one a more complete mkt view ,, just not a view that only supports one way or what one wants to see ,, time will tell ,, if every one took the same view,,, trading really wouldnt work to well would it ? Before labeling something stupid an expanded view may be time better spent than labeling a view ,, in the end the mkt will always be right ,,any rate hope the holidays are going well for all ,,,cheers traders {image}{image}
History tends to repeat itself and EU has fallen about 10 times from this zone before.
Looking at the DXY index it just broke out...
This 200 SMA is going to snap


and this looks like a bearish gartley


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and I did not label anyone stupid per se


EU is going to drop massively any other point of view is illogical
  • #70,108
  • Dec 26, 2018 5:57pm Dec 26, 2018 5:57pm
EU down to 1.22 area
DXY to rise for a touch longer but it’s going to crash down the Euro will then rise
  • #70,109
  • Dec 26, 2018 6:01pm Dec 26, 2018 6:01pm
Quoting aen
{quote} History tends to repeat itself and EU has fallen about 10 times from this zone before. Looking at the DXY index it just broke out... This 200 SMA is going to snap and this looks like a bearish gartley {image} and I did not label anyone stupid per se EU is going to drop massively any other point of view is illogical
The beauty of trading is that regardless of whether you're long or short on any timeframe money can still be made...provided you have a valid strategy with a positive edge and a strong mind to gel it all....we all agree to disagree on our opinions but there is always a slice of pudding for each of us...
  • #70,110
  • Dec 26, 2018 6:22pm Dec 26, 2018 6:22pm
Seems to be a happy buying on asian session
  • #70,111
  • Dec 26, 2018 6:23pm Dec 26, 2018 6:23pm
I would like to see something like 1.15 and then a big drop. At the moment there is too much back and force and nothing clearly pointing down as much as some posters suggest (imo).
  • #70,112
  • Dec 26, 2018 6:25pm Dec 26, 2018 6:25pm
Thats max

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  • #70,113
  • Dec 26, 2018 7:03pm Dec 26, 2018 7:03pm
Just closed my long with 17 pips.

I hope tomorrow we can sell from around 1.141.
  • #70,114
  • Dec 26, 2018 7:18pm Dec 26, 2018 7:18pm
Good Evening:

Two good things to me today.

1. Stock market rally, expect that is looking for a bottom.

2. Just realized that the EU chart is this:

Attached Image (click to enlarge)
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That could help you better
Don't believe me just watch!
  • #70,115
  • Dec 26, 2018 7:27pm Dec 26, 2018 7:27pm
Quoting LCForex
Good Evening: Two good things to me today. 1. Stock market rally, expect that is looking for a bottom. 2. Just realized that the EU chart is this: {image} That could help you better
Interesting, but I doubt that trendline can reject the price during the Asian session. Personally, I hope it is not rejected so that we can get a better selling price during london/ny.

Thanks for the chart.
  • #70,116
  • Dec 26, 2018 7:55pm Dec 26, 2018 7:55pm
Quoting Starcraftmaz
I would like to see something like 1.15 and then a big drop. At the moment there is too much back and force and nothing clearly pointing down as much as some posters suggest (imo).
Been no new low in a month and and a half ,,,, there has been new highs ,,and now with several daily closes over a H4 200 ( rough monthly ave price ) . Any thing possible but down being the only outcome from here is maybe not quite as written in stone as it would appear on the surface,,1.15 not as far as it would seem or as far fetched ..
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  • #70,117
  • Dec 26, 2018 8:02pm Dec 26, 2018 8:02pm
Quoting digger1
{quote} Been no new low in a month and and a half ,,,, there has been new highs ,,and now with several daily closes over a H4 200 ( rough monthly ave price ) . Any thing possible but down being the only outcome from here is maybe not quite as written in stone as it would appear on the surface,,1.15 not as far as it would seem or as far fetched .. {image}
I agree!
  • #70,118
  • Dec 26, 2018 8:08pm Dec 26, 2018 8:08pm
Quoting wealthyqueen
{quote} I agree!
Time will always tell but losing sight of the forest because of a few trees is never a good thing in the long run lol
  • #70,119
  • Dec 26, 2018 8:15pm Dec 26, 2018 8:15pm
Quoting digger1
{quote} Time will always tell but losing sight of the forest because of a few trees is never a good thing in the long run lol
Agree! Im sticking to the trend is my friend for now and grateful for learning with you good folk along the way.
  • #70,120
  • Dec 26, 2018 8:24pm Dec 26, 2018 8:24pm
Quoting LCForex
Good Evening: Two good things to me today. 1. Stock market rally, expect that is looking for a bottom. 2. Just realized that the EU chart is this: {image} That could help you better
I have been thinking about the trendline a lot. If it gets rejected now and london shorts eu, it might get to 1.1290-1.131. Depending on what NY does, this could mark the end of the downside for this week, unless this is heading very very low, which is unlikely at this time.

In the case that it doesn't get rejected we can evaluate selling at a top tomorrow, which can be as high as 1.142xx, and it would be a normal downside day.
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