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  • #77,901
  • Feb 13, 2019 8:37am Feb 13, 2019 8:37am
Quoting galactico
{quote} Maybe. It depends on how you read them. I see a return to the accumulation area - we agree. But then was yesterday's movement just a pullback to continue down to the recent lows at 1.121-2?? Or was it the start of an upswing and today is the pullback? If we drop to 1.125 the H1/H4 get very ugly. We don't know. {image}
If it drops below the demand area/zone, that is called new lower low and it changes everything so possibly bearish, but that's if that happens. It is struggling now to go below 1.1280 for some reason price is defending that area price action.
  • #77,902
  • Feb 13, 2019 8:38am Feb 13, 2019 8:38am
Let see how far they go Lock in 30 Pips, Have good day, gtg Work
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 32 KB
  • #77,903
  • Feb 13, 2019 8:39am Feb 13, 2019 8:39am
Quoting MXT
{quote} just stick to your trading style and don't get swayed by other traders you were the first to go short this morning and you were damn right just keep it up
thanx MXT
that made me smile
in wondering about yourself, you forgot what you came here to be part of
  • #77,904
  • Feb 13, 2019 8:40am Feb 13, 2019 8:40am
Now we are firmly below the daily pivot 1.1310. Anybody still expecting N.Y. to switch and start buying? Seems the sellers got everybody thinking it had reversed only to smash the bull with a bear sledge hammer!

Candlesticks, brethren. Candlesticks. You shouldn't be buying or selling blindly. And as Engweijie said, reduce drawdown, get in at appropriate places. Why sit on 100 pips DD if you are an intraday trader?!
  • #77,905
  • Feb 13, 2019 8:42am Feb 13, 2019 8:42am
M5 Demo

Buy 1.12899, SL 18, TP open

s. Chart

atb/vvm
Attached Image (click to enlarge)
Click to Enlarge Name: 13.02-M5-9.png Size: 30 KB
PA Trading with EMAs & common Sense
  • #77,906
  • Edited 9:52am Feb 13, 2019 8:44am | Edited 9:52am
Quoting Pleiadian
{quote} Following the harmonic setup true to form
Trailing stop hit @1.12915 banked 47 pips
Don't wait for the wind, take to the oars.
  • #77,907
  • Feb 13, 2019 8:45am Feb 13, 2019 8:45am
Quoting Techanalyst
{quote} If it drops below the demand area/zone, that is called new lower low and it changes everything so possibly bearish, but that's if that happens. It is struggling now to go below 1.1280 for some reason price is defending that area price action.
i am new to trading but is it possibly because of the 78.6% retracement level is there? If anybody has any insight do let me know. Trying to learn as much as i can haha.
  • #77,908
  • Feb 13, 2019 8:45am Feb 13, 2019 8:45am
I buy EURUSD at 1.1294. SL: 1.1244, TP:1.1424.
  • #77,909
  • Feb 13, 2019 8:46am Feb 13, 2019 8:46am
I bought the Euro at 1.1300 and keep. This morning was a good profit, but I did not close the trade order. And now losses. What to do? Keep do next and where to take profits, tell me.
  • #77,910
  • Feb 13, 2019 8:51am Feb 13, 2019 8:51am
1.1300 holds again at resistance or it folds. At this point in time from a 15 min perspective looks like a bounce point back down could be on the cards, Cheers
Trade to trade another day
  • #77,911
  • Feb 13, 2019 8:52am Feb 13, 2019 8:52am
Daily s1 at 1.12810 supported big time
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-02-13 16.51.14_1.jpg Size: 96 KB
yes yes yes
  • #77,912
  • Feb 13, 2019 8:57am Feb 13, 2019 8:57am
Quoting knkie
{quote} thanx MXT that made me smile
you're welcome bud

i really mean that
  • #77,913
  • Feb 13, 2019 8:57am Feb 13, 2019 8:57am
Quoting Techanalyst
I buy EURUSD at 1.1294. SL: 1.1244, TP:1.1424.
careful on the buy my friend this is going back down
  • #77,914
  • Feb 13, 2019 9:00am Feb 13, 2019 9:00am
here we go again.. the bulls are taking over..
  • #77,915
  • Feb 13, 2019 9:01am Feb 13, 2019 9:01am
Quoting engweijie
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...
moral of the story? If you're going to swing trade, make sure it carries!
  • #77,916
  • Feb 13, 2019 9:02am Feb 13, 2019 9:02am
Quoting purevenom
Bounce prev month low.if this hour close above 1.1299..we might go back up
Rejected 2x but still fail to close above bold.if you long below 1.1289 i guess it safe..put BE at least
Don't mind me.. i'm crazy
  • #77,917
  • Feb 13, 2019 9:02am Feb 13, 2019 9:02am
EU
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 42 KB
Self discipline It is a practice
  • #77,918
  • Feb 13, 2019 9:05am Feb 13, 2019 9:05am
Quoting hayder
{quote} moral of the story? If you're going to swing trade, make sure it carries!
moral of the story ?

always use your stop loss
  • #77,919
  • Feb 13, 2019 9:06am Feb 13, 2019 9:06am
M5 Demo
IMHO
2nd LongEntry

s. Chart

atb/vvm
Attached Image (click to enlarge)
Click to Enlarge Name: 13.02-M5-10.png Size: 29 KB
PA Trading with EMAs & common Sense
  • #77,920
  • Edited 9:26am Feb 13, 2019 9:07am | Edited 9:26am
Quoting Bocephus
{quote} careful on the buy my friend this is going back down
Is this the Bocephus who gives us "free gifts". Lol.., don't mind me just trolling.
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