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  • #71,381
  • Jan 7, 2019 10:42am Jan 7, 2019 10:42am
I will not sell until it goes below 1.1456.
  • #71,382
  • Jan 7, 2019 10:48am Jan 7, 2019 10:48am
Hey guys.. I'm new to this Forex trading. Past few weeks I go through all the posts , which is more useful for me.

Im expecting short from 1.1480 on.

Good luck guys !!
  • #71,383
  • Jan 7, 2019 10:48am Jan 7, 2019 10:48am
People are starting to throw their money against the momentum, I'd like to see a nice exponential curve through 1.15
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  • #71,384
  • Jan 7, 2019 10:53am Jan 7, 2019 10:53am
Looking at the daily chart, looks like it may go to 1.1550.
  • #71,385
  • Jan 7, 2019 11:06am Jan 7, 2019 11:06am
It already has a divergence on M15. It may drop for a while if close below 1,1470- 1,1465.
  • #71,386
  • Jan 7, 2019 11:08am Jan 7, 2019 11:08am
Quoting bigiivan
It already has a divergence on M15. It may drop for a while if close below 1,1470- 1,1465.
It could become what the EW fans call an elongated flat ...
Fix up, trade sharp ...
  • #71,387
  • Jan 7, 2019 11:16am Jan 7, 2019 11:16am
Quoting digger1
{quote} Well if you say ya had a decent day that would make my day more than my trades ,, cheers any rate ,, other than a few little ones with a trailing stp ,, my trading pretty much done for the day ,, sty green
I had a great income bro thanks a lot for walking me through and taking my hand it was look like swimming in an Occian so I am done also and we get back to business at London time
  • #71,388
  • Jan 7, 2019 11:19am Jan 7, 2019 11:19am
This divergence from slowly grinding upwards during the late trading is more of a bullish sign in my book..
Zero selling pressure, the bulls will continue walking until a trapping spike is seen, and they are rare in these hours.
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  • #71,389
  • Jan 7, 2019 11:23am Jan 7, 2019 11:23am
Man, is this ever gonna come back down....even 10/20bps would sort my bloody shorts out! Whats so great about the eur today anyhow!
  • #71,390
  • Edited 11:42am Jan 7, 2019 11:29am | Edited 11:42am
Quoting Jp1
Man, is this ever gonna come back down....even 10/20bps would sort my bloody shorts out! Whats so great about the eur today anyhow!
Nothing to much going on in Eurovile other than some nice Euro data (also some weak but more strong than weak) and weak USD data. I find lately what everyone loves today, they tend to hate tomorrow. I don't see any real big news flow until Wednesday, so maybe a while before this turns around. Of course I don't know anything for sure. I had a short position and have been stopped out. Manage your trades according to some rules that won't blow up your account and/or stress you out. If you stressed best to put a stop in you can live with and turn the screen off and walk away; take a break.

Best wishes and live to trade another day.

EDIT: Just getting rumors now of some China/US saber rattling in the China sea. If there is something to this dollar should get a bid.
  • #71,391
  • Jan 7, 2019 11:31am Jan 7, 2019 11:31am
Quoting Jp1
Man, is this ever gonna come back down....even 10/20bps would sort my bloody shorts out! Whats so great about the eur today anyhow!
I bet it comes back down tomorrow and this week will be low. I’m down a lot of pips too moved my stops too much
ex nihilo
  • #71,392
  • Jan 7, 2019 11:35am Jan 7, 2019 11:35am
We'll see if we reject this 4hr resistance and close below the daily resistance, i've taken a short with a closer stop loss than usual just in case of a breakout candle.
  • #71,393
  • Jan 7, 2019 11:36am Jan 7, 2019 11:36am
I have 2 short, 1 target. Scalping the H4 top pullback. (But it dont want come...)
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  • #71,394
  • Jan 7, 2019 11:38am Jan 7, 2019 11:38am
Quoting asyurei3
{quote} Nothing to much going on in Eurovile other than some nice Euro data (also some weak but more strong than weak) and weak USD data. I find lately what everyone loves today, they tend to hate tomorrow. I don't see any real big news flow until Wednesday, so maybe a while before this turns around. Of course I don't know anything for sure. I had a short position and have been stopped out. Manage your trades according to some rules that won't blow up your account and/or stress you out. If you stressed best to put a stop in you can live with and...
Really! Still don't get it ?
Powell said it all Friday, that's why price was rejected almost instantaneously from NFP low...
No inflation =》 no more rate hikes even maybe until June!
That's just a turning point in CB policy. Nothing to do with Euroland numbers! Now, you know it.
Simplicity is the Ultimate Sophistication.
  • #71,395
  • Jan 7, 2019 11:40am Jan 7, 2019 11:40am
Quoting LCForex
Short 1.1470. TP 1.1400 SL 1.1530
EUR/USD does not go down soon. Moving the TP to 1.1459 then looking for buy again to 1.1500.
Don't believe me just watch!
  • #71,396
  • Jan 7, 2019 11:49am Jan 7, 2019 11:49am
Quoting Oc6oph
{quote} I bet it comes back down tomorrow and this week will be low. I’m down a lot of pips too moved my stops too much
Fingers crossed then! I have a sl, but a bit too wide.....thought it would stay within range like the past two months. I can hold out a bit longer, before all this mornings profits are wiped out (and some more!)
  • #71,397
  • Jan 7, 2019 11:56am Jan 7, 2019 11:56am
Quoting Jp1
{quote} Fingers crossed then! I have a sl, but a bit too wide.....thought it would stay within range like the past two months. I can hold out a bit longer, before all this mornings profits are wiped out (and some more!)
i should have waited a bit but it was at 50% fib and I thought it had a chance to come down
ex nihilo
  • #71,398
  • Jan 7, 2019 12:01pm Jan 7, 2019 12:01pm
Next two hours are crunch time for this price rejection!
  • #71,399
  • Jan 7, 2019 12:06pm Jan 7, 2019 12:06pm
Quoting knkie
hey again long 1.1470 i know there is alot of R up there its gonna break thru target 20 pips Stoploss 8 pips
well its a slow grind, cause theres lots of R to go thru.
Exit this long with 6 pips.

Now Short 1.1477
SL 6 pips
target 1.1448

edit im setting the target further 1.1436
in wondering about yourself, you forgot what you came here to be part of
  • #71,400
  • Jan 7, 2019 12:24pm Jan 7, 2019 12:24pm
2 levels
18 pips
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