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  • #84,921
  • May 2, 2019 12:24am May 2, 2019 12:24am
Holding short from 1.1258 Target 1.1150
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Forex Learner
  • #84,922
  • May 2, 2019 12:49am May 2, 2019 12:49am
my stragedy for today
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Trendlines H1,H4, SMC
  • #84,923
  • May 2, 2019 12:52am May 2, 2019 12:52am
Quoting Pollen
{quote} This line was accurate Looks like it held for now {image}
Hello please can you assist me with the trend scanner pro indicator
  • #84,924
  • May 2, 2019 1:00am May 2, 2019 1:00am
Good morning folks.. fresh day after FOMC.. I still expect surprise priceaction until end of this week. Franky is about to open.. Waiting for London..

Stay Green
Focus only on what truly matters!
  • #84,925
  • May 2, 2019 1:12am May 2, 2019 1:12am
Engweijie, how you decide to enter a trade?what indicators/method?
  • #84,926
  • May 2, 2019 1:18am May 2, 2019 1:18am
Quoting fxmfarmer
Engweijie, how you decide to enter a trade?what indicators/method?
Support/Resistance and previous levels (if you need help with identifying those, look up digger1’s posts, his charts show very clearly how to mark them). Then momentum (I use RSI, Stochs and A/D) on lower timeframes like M5 when price reaches these levels
You hesitate, you masturbate.
  • #84,927
  • May 2, 2019 1:27am May 2, 2019 1:27am
Quoting engweijie
{quote} Support/Resistance and previous levels (if you need help with identifying those, look up digger1’s posts, his charts show very clearly how to mark them). Then momentum (I use RSI, Stochs and A/D) on lower timeframes like M5 when price reaches these levels
does anybody here trade on breakout of previous day low? or everyone swing traders ? i put sell order today on..1180 tp.1150..
  • #84,928
  • May 2, 2019 1:33am May 2, 2019 1:33am
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  • #84,929
  • May 2, 2019 1:41am May 2, 2019 1:41am
Quoting pridolfx
{quote} does anybody here trade on breakout of previous day low? or everyone swing traders ? i put sell order today on..1180 tp.1150..
Already took shorts this morning (average Price 1.1206), TP same as yours
That which does not kill us makes us stronger
  • #84,930
  • May 2, 2019 1:53am May 2, 2019 1:53am
Quick H1 Status Update

  1. London is about to open.. (20 more minutes). Bears have the upper hand while candles are below my GREEN line. MACD is still in bullish territory which shows that bulls have not completely surrendered yet.
  2. Any bearish move will be slowed down by Dashed RED TL on chart which I marked with blue arrows, showing bull pressure.
  3. Bulls have to climb back above GREEN line first and here I marked potential bear pressure areas on their way up with red arrows.
  4. My trading plan as mentioned yesterday is to sell highs as long as candles are below 1.1215. And to buy dips once/if candles climb above 1.1215.

Stay Green

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Focus only on what truly matters!
  • #84,931
  • May 2, 2019 1:54am May 2, 2019 1:54am
Quoting knkie
hey there im gonna take a trade against the consensus here. BUY 1.1197 SL 13 pips target 26 pips
morning all...

went to bed on this trade @ 1.1197
woke up to see it went up 12 pips or so during the night nd then came right back ...
even went negative a bit this morning.
Was able to catch the BE so im out now.

Sideline for now.
M30 is making a weak appearance....

trade carefully everyone !
in wondering about yourself, you forgot what you came here to be part of
  • #84,932
  • May 2, 2019 2:14am May 2, 2019 2:14am
Quoting knkie
{quote} morning all... went to bed on this trade @ 1.1197 woke up to see it went up 12 pips or so during the night nd then came right back ... even went negative a bit this morning. Was able to catch the BE so im out now. Sideline for now. M30 is making a weak appearance.... trade carefully everyone !
I think, the price want to visit 1,1187 then goes up. Look Dollar index and other relative pairs- there is clearer. I will looking to buy. Waiting just a hour.
  • #84,933
  • May 2, 2019 2:19am May 2, 2019 2:19am
Good Morning my friends!

Took a buy at 1.1192, SL: 1.1172, TP: Open

Today's PMI data from EU area is very important..

Just got Green from Spain
Waiting for Italy , France and Germany.... if I see more green specially from Germany then will add more longs...or vice versa

Reason for still bullishness on EU: Has large current account surplus compare to any other area of the world... Heart of the ECO which the service section ..still holding up...
now we just need the manufacturing sector to heads up..if we start to see green from there or sign of bottom ..then EU could start meaningful recovery from here ..also Trade deal with china could happen in two weeks time....

Trade Safe
Happy Trading
Trades technical moves enforced by fundamentals
  • #84,934
  • May 2, 2019 2:32am May 2, 2019 2:32am
After London opening, marking 1.11945 as nearest support on M15.. Are bulls slowly taking back control? Time will tell.. no rush.. first I want to see reaction from 1.1215..

Stay Green
Focus only on what truly matters!
  • #84,935
  • May 2, 2019 2:32am May 2, 2019 2:32am
Morning, it seems to me the long side will be the easier trade today, but if System (which I'm commited to) says sell, I'd follow.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #84,936
  • May 2, 2019 2:37am May 2, 2019 2:37am
Quoting knkie
hey there im gonna take a trade against the consensus here. BUY 1.1197 SL 13 pips target 26 pips
Yeah.. i got in at this and its still running in profit. nice one man... thanks
  • #84,937
  • May 2, 2019 2:40am May 2, 2019 2:40am
Quoting post
Good Morning my friends! Took a buy at 1.1192, SL: 1.1172, TP: Open Today's PMI data from EU area is very important.. Just got Green from Spain Waiting for Italy , France and Germany.... if I see more green specially from Germany then will add more longs...or vice versa Reason for still bullishness on EU: Has large current account surplus compare to any other area of the world... Heart of the ECO which the service section ..still holding up... now we just need the manufacturing sector to heads up..if we start to see green from there or sign of bottom...
SL moved BE +1

Happy Trading
Trades technical moves enforced by fundamentals
  • #84,938
  • Edited 2:58am May 2, 2019 2:47am | Edited 2:58am
Quoting post
{quote} SL moved BE +1 Happy Trading
Great ! Green from Italy...

Next France then Germany...hoping for the best

Update: Greeeeen France !!.... cmon Germany show us now

Update: German not green but holding the breath... I will keep my longs but just reduced to half... took 20+ pips of the table...happy to run the rest

Happy Trading
Trades technical moves enforced by fundamentals
  • #84,939
  • May 2, 2019 3:34am May 2, 2019 3:34am
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  • #84,940
  • May 2, 2019 4:20am May 2, 2019 4:20am
we could well be in a ranging rather than trending day today .

so I am just doing small scalps up and down the range from 1.1215 to 1.1190

of course a breakout could happen any time
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