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EURUSD only

  • #84,741
  • Apr 30, 2019 12:10pm Apr 30, 2019 12:10pm
Quoting mades
So many both buy and sell calls here, market today is a mess again. It's becoming a new norm in 2019.
My trade is not contra to Ata's.
  • #84,742
  • Apr 30, 2019 12:13pm Apr 30, 2019 12:13pm
Getting ready to sell. But it would be a better position if market goes up to 1.1226

Took a 10 pips trade A Scalpe.
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  • #84,743
  • Apr 30, 2019 12:32pm Apr 30, 2019 12:32pm
Moving on upward channel

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TMT Scalping System (Best system on FF)
  • #84,744
  • Apr 30, 2019 12:45pm Apr 30, 2019 12:45pm
Quoting sqaguru
{quote} Moved stop to 1.12103 to lock in 8 pips, since it moved above R2 and the 1M 200 SMA
Out with 20 pip gain
  • #84,745
  • Apr 30, 2019 12:47pm Apr 30, 2019 12:47pm
Some impetus now. 1.1200 rejection and a possibility of a test of 1.12500. This could be good for bulls with a monthly candle close above 1.1200.

Cheers.
Trade to trade another day
  • #84,746
  • Apr 30, 2019 1:02pm Apr 30, 2019 1:02pm
my view for tonight
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Trendlines H1,H4, SMC
  • #84,747
  • Apr 30, 2019 1:02pm Apr 30, 2019 1:02pm
Quoting sqaguru
{quote} Out with 20 pip gain
Beautiful work. Like a sniper.
  • #84,748
  • Apr 30, 2019 1:17pm Apr 30, 2019 1:17pm
bearish below 1.1150,, anyone ??
  • #84,749
  • Apr 30, 2019 1:36pm Apr 30, 2019 1:36pm
Quoting bigiivan
{quote} Beautiful work. Like a sniper.
I was really hoping for the 1.1240 target, but several bearish signs appeared, and as they say, "a bird in the hand is worth two in the bush".
  • #84,750
  • Apr 30, 2019 1:40pm Apr 30, 2019 1:40pm
They are trying hard to hold the R2, and it might resume the move up from there, but the head and shoulders on the 5M chart makes me wait. Ata's pending order is what I'm looking at now.
  • #84,751
  • Apr 30, 2019 1:46pm Apr 30, 2019 1:46pm
Quoting sqaguru
{quote} I was really hoping for the 1.1240 target, but several bearish signs appeared, and as they say, "a bird in the hand is worth two in the bush".
It is not important only how to enter. It is so important how and when will exit.
  • #84,752
  • Apr 30, 2019 2:07pm Apr 30, 2019 2:07pm
... https://www.forexfactory.com/showthr...7#post12245897
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  • #84,753
  • Apr 30, 2019 2:16pm Apr 30, 2019 2:16pm
Quoting bigiivan
{quote} It is not important only how to enter. It is so important how and when will exit.
Absolutely!
  • #84,754
  • Apr 30, 2019 3:15pm Apr 30, 2019 3:15pm
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Quoting Seysin32
{quote} ...TP1 reached. The part of the position is closed with +32p, ...
A good day. The second part of the position is closed, also with + 32p, enough for today.
See you tomorrow.
  • #84,755
  • Apr 30, 2019 3:36pm Apr 30, 2019 3:36pm
EU1H
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Don't believe me just watch!
  • #84,756
  • Apr 30, 2019 3:38pm Apr 30, 2019 3:38pm
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Not much fish in the net today, but not much account damage either. Just the regular payments to Mr. Market in exchange for his fish.
It took me 5 years to realise that if I refused to pay regularly to Mr. Market for the fish he provided, the guy was prepared to do the impossible to take his due from me, and then some. It took me another 5 years to negotiate with Mr. Market some good terms of trade and reasonable price for his fish. That was my last trade. From then on, I just collect the fish, pay for it and make sure it is fish of high quality. Rarely do I need to renegotiate the terms. Mr. Market is usually a generous partner if you're not a Scrooge.

Now seriously, System says tomorrow do take a Day-Off. Half the pair celebrates their Labour Day, the other half will not commit heavily to a direction before the FOMC statement & press conference late into the session and the System Setups won't be of high quality. In other words - not from the right waters, the fish stinks.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #84,757
  • Apr 30, 2019 3:54pm Apr 30, 2019 3:54pm
Quoting Akhaldanos
{image} Not much fish in the net today, but not much account damage either. Just the regular payments to Mr. Market in exchange for his fish. It took me 5 years to realise that if I refused to pay regularly to Mr. Market for the fish he provided, the guy was prepared to do the impossible to take his due from me, and then some. It took me another 5 years to negotiate with Mr. Market some good terms of trade and reasonable price for his fish. That was my last trade. From then on, I just collect the fish, pay for it and make sure it is fish of high...
Are you satisfied with a small fish of good quality for a reasonable fee?
If yes, take it tomorrow.
  • #84,758
  • Apr 30, 2019 4:04pm Apr 30, 2019 4:04pm
Quoting Amir_Forex
{image}{image}
Does autochartist work as well as some pretend? Do you really get better entries and exists? The reason I ask is that I never used it but maybe I should.
  • #84,759
  • Apr 30, 2019 4:49pm Apr 30, 2019 4:49pm
Quoting gettoefl
{quote} #gann like i said earlier definitely worth taking out your abacus and counting how many hours there are in a year then dividing by four you could have easily nabbed the top today with 3 pip stop {image}
#gann first hour of the month giving the highs of the day as usual and perhaps the week/month ... most out there fooled into thinking a month should begin at midnight
twitter: @gettoefl
  • #84,760
  • Apr 30, 2019 5:07pm Apr 30, 2019 5:07pm
Daily S/R levels for Wednesday

Before I call it a day here are the fresh levels for Wednesday:

  1. Nearest support is very near at: 1.1207. As long as intraday candles stay above that it is likely that bulls will break 1.1216 to reach next target at 1.1261.
  2. If 1.1200/07 support fails, bears will target 1.1131 area (considering that fib 38.2 and 50 levels can't support). Therefore we must look especially how fib 38.2 (1.1185 area) reacts as first major support area.
  3. Overall it looks like we are inside a corrective Wave 4 and eventually we will have a final Wave 5 to the down side, probably targeting 1.1060 area to complete an AB=CD pattern. But no rush for that now. Just thinking out loud.
  4. If price touches 1.1263 my Wave-4 idea will fail and I would expect Cypher completion all the way up to 1.1380/1.1410 area.

I hope it helps for your trading plan. Have a great Asian session folks. Hopefully I continue tomorrow after London opening.

Stay Green

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Focus only on what truly matters!
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