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EURUSD only

  • #70,721
  • Jan 2, 2019 6:05am Jan 2, 2019 6:05am
It is too far from LWMA. It has to goes back for a while.
  • #70,722
  • Jan 2, 2019 6:10am Jan 2, 2019 6:10am
Quoting bigiivan
I wonder why some brothers here, announce their trades after they are closed. It is useless.
it is not totally useless brother, in other words it could mean that they are hoping for a retracement any time soon

Happy Trading
Trades technical moves enforced by fundamentals
  • #70,723
  • Jan 2, 2019 6:11am Jan 2, 2019 6:11am
Good Morning!

Support 1.1344/22 area then look for a reversal fractal for confirmation.
Don't believe me just watch!
  • #70,724
  • Jan 2, 2019 6:14am Jan 2, 2019 6:14am
Quoting post
{quote} it is not totally useless brother, in other words it could mean that they are hoping for a retracement any time soon Happy Trading
i see everyone calls each other brother...
but i was wondering - surely:
there must be sisters on here too?
in wondering about yourself, you forgot what you came here to be part of
  • #70,725
  • Edited 6:29am Jan 2, 2019 6:14am | Edited 6:29am
Happy Year Year and the EURUSD is down hard. It's one of the feautures of Forex that can be counted on. I don't trade it and it does not always happen (see 2012) but fairly consistent. I am in observer mode, just coming back on-line from holiday.

Will this January be an endless drop as it so often is?
Or will it reverse and go sideways or up?

Watch the third day for the clue

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 69 KB


Edit- I no longer trade over big holidays after my huge loses one year. Don't remember which year, it was before Refco imploded, but I was long EURUSD and others, lost $10,000 before Refco opened for trading. Stop losses don't get triggered if your broker is not open. Something to think about when 2020 rings in.
Ecclesiastes 1:9
  • #70,726
  • Jan 2, 2019 6:15am Jan 2, 2019 6:15am
Quoting knkie
{quote} i see everyone calls each other brother... but i was wondering - surely: there must be sisters on here too?
r u the one?? sis ? lolzzzz just kidding
Trades technical moves enforced by fundamentals
  • #70,727
  • Jan 2, 2019 6:17am Jan 2, 2019 6:17am
Quoting post
{quote} it is not totally useless brother, in other words it could mean that they are hoping for a retracement any time soon Happy Trading
Or they just enter one long trade and one short trade, and when the trade is closed, placed a picture with successful trade.
Or they trade some, then announce only successful trade to make an impression here.
  • #70,728
  • Jan 2, 2019 6:20am Jan 2, 2019 6:20am
Quoting knkie
{quote} i see everyone calls each other brother... but i was wondering - surely: there must be sisters on here too?
I am a Sister! And, a newbie, but not doing too bad. Will get to posting my charts within the next 90 days or so. :-)
Pleasure to meet you all! I love the forum, even when members are not so kind, Ata seems to put it all back into perspective.
I aspire to be a boss of a woman trader. Working on it diligently!!!!!
  • #70,729
  • Jan 2, 2019 6:20am Jan 2, 2019 6:20am
Quoting bigiivan
{quote} Or they just enter one long trade and one short trade, and when the trade is closed, placed a picture with successful trade. Or they trade some, then announce only successful trade to make an impression here.
could be... but if the trade post includes the entry details as well or published entry details earlier then it's complete as we know the entry and end both

Happy trading.
Trades technical moves enforced by fundamentals
  • #70,730
  • Jan 2, 2019 6:25am Jan 2, 2019 6:25am
Quoting post
{quote} could be... but if the trade post includes the entry details as well or published entry details earlier then it's complete as we know the entry and end both Happy trading.
Ok, I say, I sold at 1,1496 today and I exited at 1,1364. Goooooooood day for me. Thank You!
It is easy when it is past.
  • #70,731
  • Jan 2, 2019 6:26am Jan 2, 2019 6:26am
Quoting bigiivan
{quote} Ok, I say, I sold at 1,1496 today and I exited at 1,1364. Goooooooood day for me. Thank You! It is easy when it is past.
Agreed!! this type of post is useless.

"but if the trade post includes the entry details as well" sorry I didn't explain properly, what I tried to mean ..if the post includes a quote from a previous post

Happy Trading
Trades technical moves enforced by fundamentals
  • #70,732
  • Jan 2, 2019 6:29am Jan 2, 2019 6:29am
Quoting knkie
{quote} 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
Last chance for the bulls is at 1.13429 area, if the hourly candle closes below this support area then there is a good chance the bears could have control until we reach the 1.0795 area
  • #70,733
  • Jan 2, 2019 6:34am Jan 2, 2019 6:34am
Quoting wealthyqueen
{quote} I am a Sister! And, a newbie, but not doing too bad. Will get to posting my charts within the next 90 days or so. :-) Pleasure to meet you all! I love the forum, even when members are not so kind, Ata seems to put it all back into perspective. I aspire to be a boss of a woman trader. Working on it diligently!!!!!
good to hear !
i knew you were out there
in wondering about yourself, you forgot what you came here to be part of
  • #70,734
  • Jan 2, 2019 6:35am Jan 2, 2019 6:35am
good place to buy imo eurusd, filled long 1.1368
  • #70,735
  • Jan 2, 2019 6:35am Jan 2, 2019 6:35am
Possible symmetry support around 1.1360 area
Attached Image (click to enlarge)
Click to Enlarge Name: sym.PNG Size: 19 KB
All charts/ideas based on UK time zone
  • #70,736
  • Jan 2, 2019 6:37am Jan 2, 2019 6:37am
Quoting Dingoman-two
{quote} Last chance for the bulls is at 1.13429 area, if the hourly candle closes below this support area then there is a good chance the bears could have control until we reach the 1.0795 area
Agreed ! but a daily close below 1.14 would anyway add negative sentiment to EU outlook and could encourage new bears to look for re testing 1.121xx.

Happy trading
Trades technical moves enforced by fundamentals
  • #70,737
  • Jan 2, 2019 6:38am Jan 2, 2019 6:38am
im scalping long here on M1
entry 1.1372
SL = 8 pips
Target 1.14ish
in wondering about yourself, you forgot what you came here to be part of
  • #70,738
  • Jan 2, 2019 6:42am Jan 2, 2019 6:42am
Quoting newbegger
Happy Year Year and the EURUSD is down hard. It's one of the feautures of Forex that can be counted on. I don't trade it and it does not always happen (see 2012) but fairly consistent. I am in observer mode, just coming back on-line from holiday. Will this January be an endless drop as it so often is? Or will it reverse and go sideways or up? Watch the third day for the clue {image} Edit- I no longer trade over big holidays after my huge loses one year. Don't remember which year, it was before Refco imploded, but I was long...
Just for giggles, just took a small long .1 lot 1.1369. Hard stop below the hard deck (the low of 2018 - 1.1212), soft stops if sustained below 1.1342.

Makes it more interesting when putting together boring trade plan.
Ecclesiastes 1:9
  • #70,739
  • Jan 2, 2019 6:45am Jan 2, 2019 6:45am
Quoting knkie
{quote} good to hear ! i knew you were out there
Yes, Im here! Plan on staying :-)
  • #70,740
  • Edited 7:17am Jan 2, 2019 6:50am | Edited 7:17am
Quoting Mitiblotch
{quote} Started the first trade of the year with a loss (small trading size anyway). However, I saw the rejection at around 1.1437 and jumped out at 1.1429. I don't see much downside below 1.14 today. I'm buying dips for some retracement. Another logic is that if London covered the daily ADR already then N.Y., even if they want to continue downside, may give some up spikes.
What a red, red day. ADR over stretched, bulls grilled and toasted for break fast and lunch! I must say that work saved me from buying before now.

Just bought 1.1368. stop far away from reach today, but below 1.1330 and I'll get out.

Edit: Got out at 1.1369 and rebought 1.1363. As close to support as possible.

Observation: It's nice to see 2019 start proper with expanded ADR about 133 pips today. I have added this observation to my notes. I hope we have seen the low today for the sake of my long
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Jewel1996