Disliked{quote} corrected long target around 1.1630(20:00-21:00 14.01.2019)then short target around 1.1440(21:00 15.01.2019) time gmt +3 {image}Ignored
2
- #72,704
- Edited 11:29am Jan 13, 2019 8:51am | Edited 11:29am
- Joined May 2015 | Status: Trader | 1,148 Posts
Weekly chart has strong rejection at 49 LWMA but on the other hand has been resting snuggly against the 200 SMA - still in an area of undecidedness. Fundamentals pointing down though - https://www.dailyfx.com/forex/fundam...-Thursday.html
I remember in 2017 doing these charts and thinking, at the start of te previous primary uptrend, ' this bearish cycle is over '.
For me, an intermediate corrective (B) and then (C) back to monthly dynamic support, seems probable.
Dollar will come under a lot of stress too, economic factors aren't looking too great in the US.
The only thing bothering is the difference in rates.. but many countries are turning their back at the dollar.
I'm planning on doing a re count of cycle waves, it's on the to do list.
Doesn't matter a lot for day trading purposes, but interesting stuff either way.
Re did the count for intermediate - minor - minute on the daily. Had to go over the guidelines again.
Came up with this chart, seems the best fit.
This would mean working on Intermediate corrective (B) - Minor corrective (A) - Minute would be motive bullish probably until 1.16xx - 1.18xx.
Still working on a H4 Minute - Minutte chart.
Grtz
What's that smell? ---- I smell money!
- #72,707
- Jan 13, 2019 1:02pm Jan 13, 2019 1:02pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
{quote} How are u going to play it out this week?
Rough idea going into next week... we are pretty much in a bounce zone. If H4 can break the current area (around 1.1464) and close under the lwmas, I see 1.1405 next then back up again to make a new high. Maybe 1.16 thereafter. In the meantime I’ll continue to scalp both ways going into Monday. {image} {image}
Pre-market
You hesitate, you masturbate.
- #72,709
- Jan 13, 2019 2:39pm Jan 13, 2019 2:39pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #72,711
- Jan 13, 2019 3:08pm Jan 13, 2019 3:08pm
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #72,712
- Jan 13, 2019 3:31pm Jan 13, 2019 3:31pm
- Joined Dec 2018 | Status: Trader | 2,111 Posts
{quote} patience is virtue....i will wait for asian session open
- #72,713
- Jan 13, 2019 3:39pm Jan 13, 2019 3:39pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #72,714
- Jan 13, 2019 3:58pm Jan 13, 2019 3:58pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #72,715
- Jan 13, 2019 4:03pm Jan 13, 2019 4:03pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #72,716
- Jan 13, 2019 4:03pm Jan 13, 2019 4:03pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,055 Posts
5 minutes till we open shop ladies and gents'! M5 nearest resistance: 1.1485 (Thursday's low) H1 lwma: 1.1505 (resistance) H4 lwma: 1.1464 (support) D1 lwma: 1.1405 (support) Last week's high: 1.1570 Friday's high: 1.1540 Friday's low: 1.1458 mileage may vary broker to broker
- #72,717
- Jan 13, 2019 4:16pm Jan 13, 2019 4:16pm
- Joined Sep 2013 | Status: Trader | 1,646 Posts
Boys and Babes!!!
Here is my plan for this week at the moment.
Here is my plan for this week at the moment.
Don't believe me just watch!
- #72,719
- Jan 13, 2019 4:26pm Jan 13, 2019 4:26pm
- Joined May 2015 | Status: Trader | 1,148 Posts
Boys and Babes!!! Here is my plan for this week at the moment. {image}
Sell R1 only after LO, if we get there.
Else try to buy PRZ.
What's that smell? ---- I smell money!
- #72,720
- Jan 13, 2019 4:30pm Jan 13, 2019 4:30pm
- Joined Sep 2013 | Status: Trader | 1,646 Posts
Don't believe me just watch!