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EURUSD only

  • #84,801
  • May 1, 2019 7:36am May 1, 2019 7:36am
Private sector employment increased by 275,000 jobs from March to April
Market is always dinamic
  • #84,802
  • May 1, 2019 8:02am May 1, 2019 8:02am
Quoting NappyTrader
{quote} Yeah you are right but that's the bane of my trading method, I tend to trade with very tight SL and end up taking a number of losses until that wild trade that over-compensates for the string of losses. My major reason for going that route is to avoid the large drawdown on my account had I traded with wide SL.
I said something that has nothing to do with anyone's trading method.. it is simple logic.. but anyway do as it pleases you..

Stay Green
Focus only on what truly matters!
  • #84,803
  • May 1, 2019 8:04am May 1, 2019 8:04am
... https://www.forexfactory.com/showthr...4#post12247224

two options (fomc) - imo opt. 1:
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  • #84,804
  • Edited May 2, 2019 4:50am May 1, 2019 8:13am | Edited May 2, 2019 4:50am
Quoting Mitiblotch
Question: Are we going to get such rocket surge in price today to, say, 1.134 and then fall again to break 1.1100?
I think this will not happen. Last time the fall was expected, there was a huge amount of orders below, there was nothing above. But before price fall, it was necessary to kill all who were selling. Now the situation is different: there are unrealized orders both at the top and bottom. I think that if the price rises, then no higher than 1260, and then the areas of accumulation below will be successively killed. We'll see.
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  • #84,805
  • May 1, 2019 8:25am May 1, 2019 8:25am
Interesting H&S pattern forming on the M5 TF. Neckline around the 1.12250 level.

If we get a fractal pattern (smaller but similar 'M' shaped print) then will be expecting a significant push north. If and only if the price oscillates around the mean of the day on Friday.
As ever do your own research etc. and good trading.
  • #84,806
  • May 1, 2019 8:46am May 1, 2019 8:46am
EU has taken retracement of previous week. Divergence in 4H tf,drop of EU is strongly expected,let us wait and see the fate of EU.Trade safe
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  • #84,807
  • May 1, 2019 8:48am May 1, 2019 8:48am
H1 Status Update

Nothing serious on the bullish side.. rinse and repeat..

Stay Green
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Focus only on what truly matters!
  • #84,808
  • May 1, 2019 8:52am May 1, 2019 8:52am
Today we will see if we continue below 1.11 to complete a market cycle.

If market breaks higher 1.1380 is target.

EU daily
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Don't believe me just watch!
  • #84,809
  • May 1, 2019 9:01am May 1, 2019 9:01am
Surprize surprize

Stay Green
Focus only on what truly matters!
  • #84,810
  • May 1, 2019 9:01am May 1, 2019 9:01am
Quoting Ata-Turkoglu
Surprize surprize Stay Green

Hopefully this is good for our trade at 1.1234 right?
  • #84,811
  • May 1, 2019 9:03am May 1, 2019 9:03am
Quoting HumzahJ
{quote} Hopefully this is good for out trade at 1.1234 right?
Sitting in the "right" direction is always good

Stay Green
Focus only on what truly matters!
  • #84,812
  • May 1, 2019 9:04am May 1, 2019 9:04am
Quoting post
{quote} OK TP2 set to 1.12685, SL Moved 1.1195(51 pips locked) Happy Trading
RED US data

TP2 set to 1.1275, TP3 Open

Happy Trading
Trades technical moves enforced by fundamentals
  • #84,813
  • May 1, 2019 9:04am May 1, 2019 9:04am
Quoting Ata-Turkoglu
New bull candle on M15 came quick.. New Pending Order Buy Limit: 1.12345 Lot: x SL: 1.1209 TP: Open Stay Green
Edit: Taking profit with +10 pips.. (Closed order manually!) My broker has a gap.. maybe price will quickly visit breakout level 1.1227...

Stay Green
Focus only on what truly matters!
  • #84,814
  • May 1, 2019 9:06am May 1, 2019 9:06am
Quoting Ata-Turkoglu
{quote} Moving SL to BE.. zero risk.. Stay Green
Ive closed up and taken 10 pips

Will look to buy dips again

WOuld you advise buying around 1.1234 again?
  • #84,815
  • May 1, 2019 9:08am May 1, 2019 9:08am
Quoting Mitiblotch
Buyers must be singing Ftederick Handel's Hallelujah Chorus by now. Sweet, holy rise! That 4hr 200SMA sitting pretty at 1.126 is a good target. Whether it gets above it is a different story altogether.
Hi Miti,
Right now I am singing "Michael row the boat ashore"
Inserted Video

Trade well friends.
Cheers
Trade to trade another day
  • #84,816
  • May 1, 2019 9:10am May 1, 2019 9:10am
Quoting HumzahJ
{quote} Ive closed up and taken 10 pips Will look to buy dips again WOuld you advise buying around 1.1234 again?
Lol.. did the same.. Well, I don't know from here.. as long as you buy at or close to 1.1227 I think you can manage risk.. I will not add new buy trades until I see reaction at 1.1260 or 1.1227

Stay Green
Focus only on what truly matters!
  • #84,817
  • May 1, 2019 9:14am May 1, 2019 9:14am
Quoting Ata-Turkoglu
{quote} Lol.. did the same.. Well, I don't know from here.. as long as you buy at or close to 1.1227 I think you can manage risk.. I will not add new buy trades until I see reaction at 1.1260 or 1.1227 Stay Green

Thanks, well done on your trade too! cheers!

Until the next one, we wait and go again

Take care
  • #84,818
  • May 1, 2019 9:18am May 1, 2019 9:18am
Quoting HumzahJ
{quote} Thanks, well done on your trade too! cheers! Until the next one, we wait and go again Take care
One of my special moving averages 963 EMA (Shift 3) sits at 1.1258 on H1... bulls should be careful at that level

Stay Green
Focus only on what truly matters!
  • #84,819
  • May 1, 2019 9:21am May 1, 2019 9:21am
Quoting Seysin32
{quote} I also sold a small lot size from 1234, SL12p. I do not expect too much from this, maybe up to 1222, from there it is possible to recharge upward...
All that happened.
The sale is closed with + 8p.
and open long.
  • #84,820
  • May 1, 2019 9:25am May 1, 2019 9:25am
very strange gap at my broker after the news..
if i see a 15m bear candle maybe i scalp to close the gap
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