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EURUSD only

  • #77,861
  • Feb 13, 2019 7:50am Feb 13, 2019 7:50am
Bounce prev month low.if this hour close above 1.1299..we might go back up
Don't mind me.. i'm crazy
  • #77,862
  • Feb 13, 2019 7:52am Feb 13, 2019 7:52am
Quoting purevenom
Bounce prev month low.if this hour close above 1.1299..we might go back up
Bulls have the big picture in mind and not giving up yet
  • #77,863
  • Feb 13, 2019 7:55am Feb 13, 2019 7:55am
Quoting hayder
{quote} is it the year of the painting?
the painting is indeed from 1934
good call !
in wondering about yourself, you forgot what you came here to be part of
  • #77,864
  • Feb 13, 2019 7:55am Feb 13, 2019 7:55am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 415 KB
  • #77,865
  • Feb 13, 2019 7:55am Feb 13, 2019 7:55am
indeed news have little or no effect on the market, bad data for USD yet its still struggling to go down
Risk comes from not knowing what to do
  • #77,866
  • Feb 13, 2019 7:55am Feb 13, 2019 7:55am
Quoting Moty
{quote} Bye bye bears {image}
i dont think so Moty

some magical line will not influence value....

you are right about your history repeating though...
in wondering about yourself, you forgot what you came here to be part of
  • #77,867
  • Feb 13, 2019 7:57am Feb 13, 2019 7:57am
Buy Now no fear!
Attached Image (click to enlarge)
Click to Enlarge Name: abc-braveheart--644x362.jpg Size: 62 KB
Don't believe me just watch!
  • #77,868
  • Feb 13, 2019 7:59am Feb 13, 2019 7:59am
This was expected with the news. Pullback on a daily demand zone. Now waiting to confirm to buy this again. Had a buy yesterday closed it manually good profit. Pullbacks into previous areas/zones it is what usually happens. That is what the price wants to do. Now pullback will happen. Not much today but tomorrow possibly.
  • #77,869
  • Feb 13, 2019 8:00am Feb 13, 2019 8:00am
Quoting knkie
{quote} i dont think so Moty some magical line will not influence value.... you are right about your history repeating though...
I am sad to admit that I wait for Moty's signal and take the opposite trade. Not because his ideas are wrong. But because they usually jump the gun.
  • #77,870
  • Feb 13, 2019 8:00am Feb 13, 2019 8:00am
Quoting LCForex
Buy Now no fear!
chart always make it hard to make a decision ... lol
  • #77,871
  • Feb 13, 2019 8:02am Feb 13, 2019 8:02am
These two charts explain very simple price. Pulling back into demand/zone/level area and going back up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 35 KB
Click to Enlarge Name: EURUSDH1.png Size: 32 KB
  • #77,872
  • Feb 13, 2019 8:03am Feb 13, 2019 8:03am
Quoting knkie
{quote} i dont think so Moty some magical line will not influence value.... you are right about your history repeating though...

I saw a glimpse of progress ......then my hopes shattered again after few more charts were posted

I belieeeeeeve though Knkie....I wanna be a saint like Diggzz!
  • #77,873
  • Feb 13, 2019 8:05am Feb 13, 2019 8:05am
Quoting kayikayi
{quote} I saw a glimpse of progress ......then my hopes shattered again after few more charts were posted I belieeeeeeve though Knkie....I wanna be a saint like Diggzz!

lol
idk if you can be a saint kay.
i dont think i can be one either.

Digz has enormous patience and a big heart !
in wondering about yourself, you forgot what you came here to be part of
  • #77,874
  • Feb 13, 2019 8:06am Feb 13, 2019 8:06am
Quoting Austyno
indeed news have little or no effect on the market, bad data for USD yet its still struggling to go down
what news are you talking about man? no way dude.
  • #77,875
  • Feb 13, 2019 8:08am Feb 13, 2019 8:08am
lol I know someone who is (still) holding a long at 1.138x. I don't know if he closed it earlier this morning but when it hit yesterday's low he was sitting in an unrealised $1,600 loss.

Now someone on this forum (I'm sorry I can't remember who) made a 'historical candle' of the EURUSD sometime last year and it was basically a huge doji. That said, if this aquintance of mine has the margin to continue holding (and tank a possible move to parity IF it could happen), price will always in some eventuality retrace to his entry. Whether that happens tomorrow, next week, next month, next quarter or even next year? Who knows! But the swap you'd have to pay on holding and the funds you'd have locked up to maintain your position - funds that could be used to grow your net balance.

Point of this post? If you're a swing/long-term trader trading the appropriate position sizes with a wide stop loss you can ignore what I'm about to say. But word of advice to INTRADAY fellas - get out of a losing position at as little damage as possible. It sucks to close on a realised loss yes, but in this example it's been almost a week that the 1.138x long has been kept open. In that amount of time, the margin tied up to maintain the position could have been used to open a dozen more trades to not just recoup the loss but even grow the account.

Don't let your personal bias get in the way of what the market does.
You hesitate, you masturbate.
  • #77,876
  • Feb 13, 2019 8:08am Feb 13, 2019 8:08am
target picks:

1.1274 or
1.1264 or
1.1258 or
the big one
1.1213
in wondering about yourself, you forgot what you came here to be part of
  • #77,877
  • Feb 13, 2019 8:10am Feb 13, 2019 8:10am
Quoting knkie
{quote} lol idk if you can be a saint kay. i dont think i can be one either. Digz has enormous patience and a big heart !
lol,, saint me neither,, Ijust want to see him get a few ,,and only if its a few at least he keeps them ,,had my share of f ups today mostly cause on phone ,,hats of to eng or anybody tht can this on a phone ,, I just get my azz kicked when on it lol
  • #77,878
  • Feb 13, 2019 8:11am Feb 13, 2019 8:11am
Quoting engweijie
get out of a losing position at as little damage as possible.

one of the best things i learned from you Engweij !
Capital Preservation.
in wondering about yourself, you forgot what you came here to be part of
  • #77,879
  • Feb 13, 2019 8:12am Feb 13, 2019 8:12am
Quoting digger1
{quote}lol,, saint me neither,, Ijust want to see him get a few ,,and only if its a few at least he keeps them ,,had my share of f ups today mostly cause on phone ,,hats of to eng or anybody tht can this on a phone ,, I just get my azz kicked when on it lol
you need a Tablet Digz !

start dropping hints with the familly
in wondering about yourself, you forgot what you came here to be part of
  • #77,880
  • Feb 13, 2019 8:12am Feb 13, 2019 8:12am
Quoting LCForex
Buy Now no fear! {image}
Yes buy now
Its all about Timing!!!
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