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  • #79,841
  • Feb 26, 2019 11:41am Feb 26, 2019 11:41am
Caught shorting from 1.137ish and now getting poundered... Anyone sees resistance anywhere soon or retraction???
  • #79,842
  • Feb 26, 2019 11:41am Feb 26, 2019 11:41am
May go for a quick scalp off this touch of 1.4, super tight stops
niemals aufgeben
  • #79,843
  • Feb 26, 2019 11:42am Feb 26, 2019 11:42am
Quoting MXT
tomorrow could quite likely be a bullish day we could see a retest of the 1.14xx zone
  • #79,844
  • Feb 26, 2019 11:43am Feb 26, 2019 11:43am
Quoting LCForex
{quote} Becareful Euro could hurt you.
You should look for 1.1440/50 before any good pullback.
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Don't believe me just watch!
  • #79,845
  • Feb 26, 2019 11:45am Feb 26, 2019 11:45am
Quoting Expo33
4H extremely bullish. Rule makers setting the sentiment and the scenario, rounding up all those bulls slobbering all over themselves. A spike to 1391, thoughts of an orgasmic price explosion to 114, 115 and beyond only to be bitch slapped back to "the 108 gap" by summer's end. No charted need , strictly crystal ball Nostradamus analysis. EDIT: We got 1388. Close enough. Short, hold time 3-6 months. SL 1.1488 TP 1.0888 Will add short up to 1438. Frankfurt may take the ball and run with it to 1407, setting the stage for London to do a major smack...
Or is it Fibonacci !
Don't wait for the wind, take to the oars.
  • #79,846
  • Feb 26, 2019 11:57am Feb 26, 2019 11:57am
... https://www.forexfactory.com/showthr...5#post12038425
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  • #79,847
  • Feb 26, 2019 11:58am Feb 26, 2019 11:58am
yep - there's room for scalpers to go short now

but the Eur will be heading higher in the next days
  • #79,848
  • Feb 26, 2019 11:59am Feb 26, 2019 11:59am
Quoting raju0189
Target for this week. Keep buying (Stop loss Below 1.13100) {image}
Target hit
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  • #79,849
  • Feb 26, 2019 12:03pm Feb 26, 2019 12:03pm
Looking to re enter at .1385 take profit .1444 SL 11 pip

changed entry to .1381
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  • #79,850
  • Feb 26, 2019 12:07pm Feb 26, 2019 12:07pm
Quoting Mitiblotch
Wedges are usually very profitable when they work. I took another long after the US consumer confidence came in very strong. High rejection volume on the 15mins, wick rejected at bottom of wedge and I had to jump in at 1.1354 (should have gone in heavy). Let's see if we can see wedge top at 1.1409 area where I'll look to book profit and go short. {image}
Beautiful trade today. Pink line hit. Top of wedge hit. 61.8% fib retracement hit (minus few pips). Booked profit for my long. Feels sweet to draw a few lines and have things work as planned. No rush to short. Opportunities will abound.
  • #79,851
  • Edited 12:27pm Feb 26, 2019 12:14pm | Edited 12:27pm
Last 4hr candle could not push up into long term structure resistance zone also retest of structure resistance zone.
P.S. The structure resistance zone is that wide red area.
Attached Image (click to enlarge)
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Don't wait for the wind, take to the oars.
  • #79,852
  • Feb 26, 2019 12:36pm Feb 26, 2019 12:36pm
Quoting Pleiadian
Last 4hr candle could not push up into long term structure resistance zone also retest of structure resistance zone. P.S. The structure resistance zone is that wide red area. {image}
That is not a zone.. that is literally the red sea.. or the pacific ocean maybe? Just teasing..

Stay Green
Focus only on what truly matters!
  • #79,853
  • Feb 26, 2019 12:46pm Feb 26, 2019 12:46pm
Quoting Ata-Turkoglu
{quote} That is not a zone.. that is literally the red sea.. or the pacific ocean maybe? Just teasing.. Stay Green
Here is the higher time frame/longer time frame that it originates from, looks more to scale
Attached Image (click to enlarge)
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Don't wait for the wind, take to the oars.
  • #79,854
  • Feb 26, 2019 12:52pm Feb 26, 2019 12:52pm
Quoting Pleiadian
{quote} Here is the higher time frame/longer time frame that it originates from, looks more to scale {image}
There is the pressure of bulls for sure and weekly shows that a lot of force is required. My bias stays therefore bearish based on weekly. But intraday wise we have to wait until bulls are done. Patience is key..

Stay Green
Focus only on what truly matters!
  • #79,855
  • Feb 26, 2019 2:20pm Feb 26, 2019 2:20pm
Quoting Ata-Turkoglu
{quote} There is the pressure of bulls for sure and weekly shows that a lot of force is required. My bias stays therefore bearish based on weekly. But intraday wise we have to wait until bulls are done. Patience is key.. Stay Green
I hate to say this, since it would put me on the opposite side of you, but it looks like it has started to "pop".

It appears like there has been some Accumulation in a Demand Zone. Just prior to the Test, we see a wide spread down bar on volume less than the previous two bars: No Selling Pressure.

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Only time and the Market will tell..................
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #79,856
  • Feb 26, 2019 2:50pm Feb 26, 2019 2:50pm
Still running the channel. And I am still trading from mostly the short side and making quick pips. A couple of longs mixed in but mostly sell tops. We are at sell time again.

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Ecclesiastes 1:9
  • #79,857
  • Feb 26, 2019 5:40pm Feb 26, 2019 5:40pm
Dollar Index Before and after:

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EU 4h
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EU 1H
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EU 15min
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Don't believe me just watch!
  • #79,858
  • Feb 26, 2019 6:45pm Feb 26, 2019 6:45pm
Quoting A.gambler
Caught shorting from 1.137ish and now getting poundered... Anyone sees resistance anywhere soon or retraction???
I have something around your entry.and you have daily pivot at 1.1378
You need to decide what to do if it get there cause there's always possibility you might not get another chance.but you also need to live with it whatever your decision.just in case you cut loss and it goes to your favor after
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Don't mind me.. i'm crazy
  • #79,859
  • Feb 26, 2019 6:50pm Feb 26, 2019 6:50pm
Quoting purevenom
{quote} I have something around your entry.and you have daily pivot at 1.1378 You need to decide what to do if it get there cause there's always possibility you might not get another chance.but you also need to live with it whatever your decision.just in case you cut loss and it goes to your favor after {image}
Nice sell. Did you use the backside of that H-H line as your criteria?
  • #79,860
  • Feb 26, 2019 7:16pm Feb 26, 2019 7:16pm
Quoting Pipfu
{quote} Nice sell. Did you use the backside of that H-H line as your criteria?
It always helpful when i stretch whether random or not of a trend line which meet the not so random horizontal line that i draw[or so i thought].it gave more confident.First i see rejection then i enter on retest to confirm and minimize the stop if it goes against me.
Don't mind me.. i'm crazy
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