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EURUSD only

  • #75,841
  • Jan 30, 2019 1:10am Jan 30, 2019 1:10am
Quoting groper
{quote} wow - quickest pips i ever made - touched my entry then collapsed 5 mins later... if it bounces im gonna short it again...
the up move was so weak it was like begging for people to go short
  • #75,842
  • Jan 30, 2019 1:11am Jan 30, 2019 1:11am
Quoting From0toHero
what just happend? I earned thanks to this move, but what was that?
On my broker 1.1444 is last year close.as we see recently euro not really have power to break anything on it's own without news.most movement happen on US session.so when it reach a level that show a bit of significant,it would bounce.plus we have fomc today
Don't mind me.. i'm crazy
  • #75,843
  • Jan 30, 2019 1:14am Jan 30, 2019 1:14am
H1+15m
Attached Image(s) (click to enlarge)
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yes yes yes
  • #75,844
  • Jan 30, 2019 1:14am Jan 30, 2019 1:14am
Also we now have a double top best seen on the 15m or 30min chart - twice rejected from 1.1450. Back to 1.14 we go
  • #75,845
  • Jan 30, 2019 1:22am Jan 30, 2019 1:22am
sold it again on the bounce up retracement @ 14355
  • #75,846
  • Jan 30, 2019 1:27am Jan 30, 2019 1:27am
Fomc day 20-30 up and down is usual no reason
  • #75,847
  • Jan 30, 2019 1:37am Jan 30, 2019 1:37am
Quoting LCForex
{quote} You could not confirm a downtrend continuation breaking your B/2. Using your chart, you could see a double correction and see 1.1500. No trolling.
First of all, are you seriously accused me of trolling? Which part of my post is trolling?
Second, learn to read. Break B/2 confirmed Wave C, resume down trend is likely. Should I wrote 10 paragraphs on screenshot to explain things?
Third, yes down trend not confirmed yet, but I usually enter short early with tight SL for minimal risk with potential great return of riding new Wave 1 down.
Of course I could be wrong and the correction turn out not simple ABC but complex correction or anything else. That is when the Stop Loss come to action.
Trading is about probability and taking managed risks, nothing guaranteed!

Check my Brent oil trades I took yesterday using this same EW approach. I call all my trades live from start to finish, no bullshit after the fact great profits claim!

https://www.forexfactory.com/showthr...3#post11939993
https://www.forexfactory.com/showthr...7#post11939077
That which does not kill us makes us stronger
  • #75,848
  • Jan 30, 2019 1:40am Jan 30, 2019 1:40am
Why my TP so far...
Attached Image (click to enlarge)
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  • #75,849
  • Jan 30, 2019 1:57am Jan 30, 2019 1:57am
good morning ...its still dark outside ...

From what ive read most seem to think this is going down...

BUY
1.1433
SL 10 pips
Target 30 pips
in wondering about yourself, you forgot what you came here to be part of
  • #75,850
  • Jan 30, 2019 2:06am Jan 30, 2019 2:06am
Negative economic data EU wide... time to go down down down
  • #75,851
  • Jan 30, 2019 2:09am Jan 30, 2019 2:09am
Maybe I'd be lucky today. I half-heartedly sold 1.14475 only to come back and see the beautiful fall. Stops at BE. Maybe today would be my day. Sellers' day.
  • #75,852
  • Jan 30, 2019 2:12am Jan 30, 2019 2:12am
Took Long near potential end of W2
SL just below Higher TF W4/?
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That which does not kill us makes us stronger
  • #75,853
  • Jan 30, 2019 2:13am Jan 30, 2019 2:13am
Quoting knkie
good morning ...its still dark outside ... From what ive read most seem to think this is going down... BUY 1.1433 SL 10 pips Target 30 pips
Knkie,
I think you like enter trades in the pivot range.
  • #75,854
  • Jan 30, 2019 2:18am Jan 30, 2019 2:18am
Quoting R2-d2
{quote} Knkie, I think you like enter trades in the pivot range.
hey r2
I do tend to enter too soon and that may coincide with a pivot range....

good observation on your part.
I will keep an eye on that
thanx R2!

PS; but the direction is correct ya know....this thing is going up
in wondering about yourself, you forgot what you came here to be part of
  • #75,855
  • Jan 30, 2019 2:19am Jan 30, 2019 2:19am
Quoting Mitiblotch
Maybe I'd be lucky today. I half-heartedly sold 1.14475 only to come back and see the beautiful fall. Stops at BE. Maybe today would be my day. Sellers' day.
The buyer's sentiment is rising that's why today will be your day.
I am waiting half an hour more to enter short too.
  • #75,856
  • Jan 30, 2019 2:19am Jan 30, 2019 2:19am
Quoting moneymove
Took Long near potential end of W2 SL just below Higher TF W4/?
Potential Minimum and Typical Targets

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That which does not kill us makes us stronger
  • #75,857
  • Jan 30, 2019 2:26am Jan 30, 2019 2:26am
Quoting moneymove
{quote} Potential Minimum and Typical Targets {image}
nice!
Daily Stdev = 1.1464 (my target)
which matches your min-W3
in wondering about yourself, you forgot what you came here to be part of
  • #75,858
  • Jan 30, 2019 2:28am Jan 30, 2019 2:28am
Quoting knkie
good morning ...its still dark outside ... From what ive read most seem to think this is going down... BUY 1.1433 SL 10 pips Target 30 pips
Sl to BE
target still 1.1464

H4 & M30 are in agreement now...
Buying M5 HL's
in wondering about yourself, you forgot what you came here to be part of
  • #75,859
  • Jan 30, 2019 2:31am Jan 30, 2019 2:31am
Quoting knkie
{quote} nice! Daily Stdev = 1.1464 (my target) which matches your min-W3
Confluence / cluster always a good thing
That which does not kill us makes us stronger
  • #75,860
  • Jan 30, 2019 2:32am Jan 30, 2019 2:32am
I will close 1 at 1.1444 unless it go back down
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Don't mind me.. i'm crazy
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