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  • #70,701
  • Jan 2, 2019 7:06am Jan 2, 2019 7:06am
Quoting Dingoman-two
{quote} I am looking to buy around the 1.1388 area
Take a close look at the chart, seems to me that we are forming a channel higher, every higher low seems about 15-20 pips higher than the last. With the previous low being at 1.1380ish. So if this upward channel is to continue a low of 1.1400 makes sense. Worth a shot for me.

But please take a look and see if you see the upward channel forming, would be nice if someone else also see what I'm looking at. If not there is no point in trading something only I see.

I got stopped out of other trade, I'm looking for a new low with MACD divergence.
  • #70,702
  • Jan 2, 2019 7:16am Jan 2, 2019 7:16am
Quoting asyurei3
{quote} Take a close look at the chart, seems to me that we are forming a channel higher, every higher low seems about 15-20 pips higher than the last. With the previous low being at 1.1380ish. So if this upward channel is to continue a low of 1.1400 makes sense. Worth a shot for me. But please take a look and see if you see the upward channel forming, would be nice if someone else also see what I'm looking at. If not there is no point in trading something only I see. I got stopped out of other trade, I'm looking for a new low with MACD divergence....

I first look at the daily then the 4 hour then the 1 hour charts before i even look at any thing else my friend
  • #70,703
  • Edited 7:30am Jan 2, 2019 7:18am | Edited 7:30am
I think it good for eur usd to sell because look H4. Good volume. And will be stop at 1.1360
  • #70,704
  • Jan 2, 2019 7:21am Jan 2, 2019 7:21am
Waiting for 1.12
Attached Image
  • #70,705
  • Jan 2, 2019 7:22am Jan 2, 2019 7:22am
EURUSD, H4 approaching its rising trend line - a break here would just awesome
Attached Image
We err, and err, and err again, but less.
  • #70,706
  • Jan 2, 2019 7:26am Jan 2, 2019 7:26am
Looks like NY is keen to take it lower, wouldn't be surprised to see 1.135 touched when I wake up.
  • #70,707
  • Jan 2, 2019 7:26am Jan 2, 2019 7:26am
start buying
Attached Image (click to enlarge)
Click to Enlarge Name: 020119_eu_sell_5.png Size: 70 KB
  • #70,708
  • Jan 2, 2019 7:33am Jan 2, 2019 7:33am
Sold this pair and closed it just now manually. Great profit. Those who knew today sold and made money, those who were buying well you learned from the mistakes. Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 149 KB
  • #70,709
  • Jan 2, 2019 7:34am Jan 2, 2019 7:34am
Went long here again at 1.13835 SL 1.1381 TP 1.1480 ; I am knife catching here, so I like to have very tight stops while playing with fire. Will move stop to BE soon.
  • #70,710
  • Jan 2, 2019 7:35am Jan 2, 2019 7:35am
still buying
Attached Image (click to enlarge)
Click to Enlarge Name: 020119_eu_sell_6.png Size: 50 KB
  • #70,711
  • Jan 2, 2019 7:37am Jan 2, 2019 7:37am
Quoting post
Good Morning my friends! Happy new year !! ECO Update:RED data so far from EU again, Bulls under pressure, German data the key now... RED could be devastation for short term EU Bulls.... MY Strategy: Sell swing high...Entered short already (German red data & could add more or vice versa) Trade safe Happy Trading.
Closed at 1.1379 (H4 cloud base plus rising trend line) waiting for NY now (side line)

Happy Trading
Trades technical moves enforced by fundamentals
  • #70,712
  • Jan 2, 2019 7:39am Jan 2, 2019 7:39am
there is no hard rule system.. You use your judgement on what you think Volatility, liquidity and news flow will be on any particular day. Some days yuro/USD will move 30 the whole day other days 230. It your job to guess and be right a lot of the time. (you might just figure it out after a many years of watching charts). I'm not saying there isn't setups you use, but you would defiantly play it differently on a ECB rate decision day or NFP Day compared to a dull day.
The only system that will work is one designed by and for yourself.
  • #70,713
  • Jan 2, 2019 7:41am Jan 2, 2019 7:41am
Quoting Dingoman-two
{quote} I am looking to buy around the 1.1388/1.13748 area

If the above areas fail then the next area i will be looking at to buy will be the 1.13522 area

  • #70,714
  • Jan 2, 2019 7:49am Jan 2, 2019 7:49am
Quoting Moumon
Waiting for 1.12 {image}
I make it 1.1150 to 1.1050
Don't wait for the wind, take to the oars.
  • #70,715
  • Jan 2, 2019 7:51am Jan 2, 2019 7:51am
Quoting Dingoman-two
{quote} If the above areas fail then the next area i will be looking at to buy will be the 1.13522 area
i can see a long scalp coming on soon
maybe up to the region of 1.1420
but just as a correction i think...
it could fall further after that
in wondering about yourself, you forgot what you came here to be part of
  • #70,716
  • Jan 2, 2019 7:53am Jan 2, 2019 7:53am
Possible next levels. Don't think it will reach today.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 43 KB
  • #70,717
  • Jan 2, 2019 7:53am Jan 2, 2019 7:53am
Quoting dweb
EURUSD, H4 approaching its rising trend line - a break here would just awesome {image}
1.132xx target on the cards
We err, and err, and err again, but less.
  • #70,718
  • Jan 2, 2019 7:57am Jan 2, 2019 7:57am
Quoting dweb
{quote} 1.132xx target on the cards
Agreed, Plus steeper decline expected on a break of 1.1342

Happy Trading
Trades technical moves enforced by fundamentals
  • #70,719
  • Jan 2, 2019 8:01am Jan 2, 2019 8:01am
Went short again where I had a few days ago. Looks like it might complete pattern
Attached Image
ex nihilo
  • #70,720
  • Jan 2, 2019 8:03am Jan 2, 2019 8:03am
I wonder why some brothers here, announce their trades after they are closed.
It is useless.
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