It's just not going to happen... | Page 29 | Forex Factory

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buy when starts going up, sell when starts going down 5 replies

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  • #561
  • Mar 4, 2019 3:29am Mar 4, 2019 3:29am
Quoting Exnav
{quote} Exactly, you're right. The fact is that I had the week-end to prepare all possible (what I could imagine... 1500 pips flight on the Monday opening...) COAs for the Cable(made 6), so was sleeping well. But, you know better - you have more hard battles' experience...

battles are all the same...

important is to preserve your book... your bottom line...
Success consists of going from failure to failure without loss of enthusiam
  • #562
  • Mar 4, 2019 3:32am Mar 4, 2019 3:32am
Quoting dongsky
watch out for a trap!!! more or less... the zone... {image}
There's some MM logic behind to touch 1.3287 zone once more so to make me unhappy for unrealized big profit
I think today is a play day but - where they close in the US tonight might provide some guidance for a couple days ahead.
Not to Advance is to Fall Back
  • #563
  • Mar 4, 2019 3:39am Mar 4, 2019 3:39am
Quoting Exnav
{quote} There's some MM logic behind to touch 1.3287 zone once more so to make me unhappy for unrealized big profit I think today is a play day but - where they close in the US tonight might provide some guidance for a couple days ahead.

don't be rigid... go with flow... anticipate a little... feel more...

my take on that level... i don't think MM will bring price that level, why because there are heaps of trapped traders down there... and if they will run price at that level then those trapped will have the chance to unload their positions... price will continue to push low until they will balance their books...

there is no news events today to mask their intent...

again it's just me, i am always wrong... so be vigilant is all i can say.
Success consists of going from failure to failure without loss of enthusiam
  • #564
  • Mar 4, 2019 3:45am Mar 4, 2019 3:45am
sit tight...


but for me...

duty calls...

ciao!
Success consists of going from failure to failure without loss of enthusiam
  • #565
  • Mar 4, 2019 3:48am Mar 4, 2019 3:48am
Quoting dongsky
{quote} battles are all the same... important is to preserve your book... your bottom line...
I do Agree.
Ambitions, sizes and pockets are different, etc.....
I remain your thread's subscriber if you don't mind. Thank you for your kind sharing.

"Your job, as a speculator, is to provide liquidity in the market, and to counteract the irrational excesses of market-in-motion. Part of that job is to keep yourself free to become liquid whenever it is necessary, in order to reverse your position. And to keep yourself free from irrational and excessive emotional actions. If you do this intelligently and consistently, you will be performing a useful and necessary service to the general economic welfare, and you will find that the market offers as good or better returns for your efforts as any other line of endeavor." by Robert D. Edwards

Trade safe,
Exnav
Not to Advance is to Fall Back
  • #566
  • Mar 4, 2019 1:01pm Mar 4, 2019 1:01pm
2nd try.
https://charts.mql5.com/20/599/eurus...al-limited.png
don't predict direction, but dance with flow of water
  • #567
  • Mar 5, 2019 1:24am Mar 5, 2019 1:24am
take a small loss from euro yesterday but made a nice 60 pips with jpy with 3 levels...

Attached Image (click to enlarge)
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Exnav was right about the 1.32xx level...
Success consists of going from failure to failure without loss of enthusiam
  • #568
  • Mar 5, 2019 1:39am Mar 5, 2019 1:39am
was expecting price to visit this level... did not happen yesterday...

now here she is... looking for confirmation...

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gbpjpy is bound to correct, but must be cautious it feels down... it might induce buyers before they will sell heavily...

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euro... well what can i say... i will buy

Attached Image (click to enlarge)
Click to Enlarge Name: 5.3 euro.png Size: 45 KB




but waiting for a sweep... safer entry and lesser evil...
Success consists of going from failure to failure without loss of enthusiam
  • #569
  • Edited 11:56pm Mar 5, 2019 1:42am | Edited 11:56pm
Quoting dongsky
take a small loss from euro yesterday but made a nice 60 pips with jpy with 3 levels... {image} Exnav was right about the 1.32xx level...
Almost always the same like you, I'm rather never right. I look at the Day PA candles and Action/Reaction/ possible retracing zones. It's better if there're basic points and possible support zones (former waves highs). It's just by the book. Then, of course, we are waiting (patiently, as you do) for 1/5/15 min PA candles and patterns in those zones. It might be rigid (as you say) as well. That's why we're fluid or liquid...

Have a nice trading day,
Exnav
Not to Advance is to Fall Back
  • #570
  • Mar 5, 2019 1:46am Mar 5, 2019 1:46am
Quoting dongsky
was expecting price to visit this level... did not happened yesterday... now here she is... looking for confirmation... {image} gbpjpy is bound to correct, but must be cautious it feels down... it might induce buyers before they will sell heavily... {image} euro... well what can i say... i will buy {image} but waiting for a sweep... safer entry and lesser evil...
The Euro and GBP might have chance or potential for one further wave down. An option...
Not to Advance is to Fall Back
  • #571
  • Mar 5, 2019 2:04am Mar 5, 2019 2:04am
gbp crosses is a mover...

let's see their play...
Success consists of going from failure to failure without loss of enthusiam
  • #572
  • Mar 5, 2019 2:26am Mar 5, 2019 2:26am
Quoting dongsky
gbp crosses is a mover... let's see their play...
Either yet a flag with GY or a reversal way North. Maybe some shows in 10 minutes. GU is hinting the same unless a fake.
Not to Advance is to Fall Back
  • #573
  • Mar 5, 2019 7:43am Mar 5, 2019 7:43am
Quoting dongsky
take a small loss from euro yesterday but made a nice 60 pips with jpy with 3 levels... {image} Exnav was right about the 1.32xx level...
euro said short for now yesterday


Alex
check out the terrain - follow never lead
  • #574
  • Mar 5, 2019 11:16pm Mar 5, 2019 11:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: 6.3 gbpjpy.png Size: 69 KB
Success consists of going from failure to failure without loss of enthusiam
  • #575
  • Mar 5, 2019 11:18pm Mar 5, 2019 11:18pm
Quoting alexandria
{quote} euro said short for now yesterday Alex

euro bias is down...

but too much shark along the way, dancing it in 15m to me, is just a waste of energy...

am looking for better terrain...
Success consists of going from failure to failure without loss of enthusiam
  • #576
  • Mar 5, 2019 11:20pm Mar 5, 2019 11:20pm
Quoting Exnav
{quote} Either yet a flag with GY or a reversal way North. Maybe some shows in 10 minutes. GU is hinting the same unless a fake.
fake or not, whatever your take, just dance... feel her and flow...


if we analyse too much and describe the dance, then we're already left behind be nimble...
Success consists of going from failure to failure without loss of enthusiam
  • #577
  • Mar 5, 2019 11:53pm Mar 5, 2019 11:53pm
Quoting dongsky
{quote} fake or not, whatever your take, just dance... feel her and flow... if we analyse too much and describe the dance, then we're already left behind be nimble...
Entirely agree. For that I need more and more live training and experience. I would just add flexibility, readiness to act and react accordingly as she dances in her legs swings.

You're right regarding over-analyzing. It's for analysts, I'm just a humble trader. When in a battle for several days, I need analysis in some measure though. It's a sort of contingency planning. Then I could see a bit more from a bird fly (however my eye isn't that eagle sharp). When we're dancing, we're automatically doing that dissecting, maybe reflexively... And I could assume that you also do some analysis sometimes.

Thank you.

Best regards,
Exnav
Not to Advance is to Fall Back
  • #578
  • Mar 6, 2019 12:25am Mar 6, 2019 12:25am
Quoting Exnav
{quote} Entirely agree. For that I need more and more live training and experience. I would just add flexibility, readiness to act and react accordingly as she dances in her legs swings. You're right regarding over-analyzing. It's for analysts, I'm just a humble trader. When in a battle for several days, I need analysis in some measure though. It's a sort of contingency planning. Then I could see a bit more from a bird fly (however my eye isn't that eagle sharp). When we're dancing, we're automatically doing that dissecting, maybe reflexively......

as you flow and dancing the dance, you will be surprise that you are actually actively analyzing the whole market, the structure as it's happening... anticipating while you're involve or participating... is totally different world when you're anticipating and not engage with the market...

while actively dancing... you anticipate as you flow with her and you find yourself most of times talking your mind loudly... as if the market can hear you...

the reason why we test the waters when we have our bias... to feel, to prove if what we see is correct... and of course wait until market proves otherwise...

to confirm terrains to unload pre-planned skews... all depending on markets vigor
Success consists of going from failure to failure without loss of enthusiam
  • #579
  • Mar 6, 2019 12:28am Mar 6, 2019 12:28am
Quoting dongsky
{quote} as you flow and dancing the dance, you will be surprise that you are actually actively analyzing the whole market, the structure as it's happening... anticipating while you're involve or participating... is totally different world when you're anticipating and not engage with the market... while actively dancing... you anticipate as you flow with her and you find yourself most of times talking your mind loudly... as if the market can hear you... the reason why we test the waters when we have our bias... to feel, to prove if what we...
Exactly. For me, the more scouts are deployed, the louder the talking is. Maybe it's wrong but I feel so. I mean that my scouts could go either way, I'm not certain where send the main troops until they report confidently. And still I may deploy additional recce for better feeling.
Not to Advance is to Fall Back
  • #580
  • Mar 6, 2019 12:35am Mar 6, 2019 12:35am
Quoting dongsky
{quote} euro bias is down... but too much shark along the way, dancing it in 15m to me, is just a waste of energy... am looking for better terrain...
Ro3k too btw..I know you were out so not feeling it ..just the dance ...fat lady did not sing

Alex
check out the terrain - follow never lead
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