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  • #85,121
  • May 5, 2019 10:58pm May 5, 2019 10:58pm
Quoting knkie
{quote} following the game plan: BUY 1.1186 SL 17 initial target 35 back to bed
good morning
woke up to BE on this trade.

Im buying again:
1.1190
SL 11

i like the risk on this trade better
in wondering about yourself, you forgot what you came here to be part of
  • #85,122
  • May 5, 2019 11:31pm May 5, 2019 11:31pm
my view

short euro until US index is above S
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Trendlines H1,H4, SMC
  • #85,123
  • May 5, 2019 11:43pm May 5, 2019 11:43pm
Inserted Video
  • #85,124
  • May 5, 2019 11:44pm May 5, 2019 11:44pm
range in a bearish trend
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  • #85,125
  • May 5, 2019 11:52pm May 5, 2019 11:52pm
Quoting 4experience
range in a bearish trend {image}
I am eyeing for 1.1090 level
The Phoenix Trader....
  • #85,126
  • May 6, 2019 12:31am May 6, 2019 12:31am
1.1180 to 1.1165 area will show extreme support.

As long as H1 candles stay inside or above this zone I am still looking to buy dips.

Stay Green
Focus only on what truly matters!
  • #85,127
  • May 6, 2019 12:36am May 6, 2019 12:36am
Quoting Hutch
{quote} Nice one LC, the market always thinks that traders are idiots because the market is like a casino and you very well know that the casino always win
Markets are not like a casino Hutch and even if.. casinos don't always win.. Enough of these chewing gum type sticky mentality.. No casino talk! No stupid myth talk! Enough is enough! Trading is a serious business therefore you better start treating it that way.

We continue posting around EURUSD
Focus only on what truly matters!
  • #85,128
  • May 6, 2019 12:42am May 6, 2019 12:42am
Quoting Ata-Turkoglu
{quote} Markets are not like a casino Hutch and even if.. casinos don't always win.. Enough of these chewing gum type sticky mentality.. No casino talk! No stupid myth talk! Enough is enough! Trading is a serious business therefore you better start treating it that way. We continue posting around EURUSD
Quoting Hutch
{quote} Nice one LC, the market always thinks that traders are idiots because the market is like a casino and you very well know that the casino always win
Common misconceptions:

Forex market is like a casino.

Forex market is run by crooks.

Bankers are the shark and retail traders always lose.

Try to think it this way:

Everytime when you trade Forex it is a transaction of you buying and selling something just as you did in everyday business transaction.

When you buy something you can always sell it higher to obtain profit. Vice versa.

Enough of shit, let's go back to business.
  • #85,129
  • May 6, 2019 12:52am May 6, 2019 12:52am
Hmmmm i suspect it is simply going to range until the end of all the news. Though it seems the bullish flag is still in play at least for now. 1.11787 is a potential support level and for now it seems 1.11950 is a strong resistance level. Will have to wait and see which breaks first.
  • #85,130
  • May 6, 2019 1:06am May 6, 2019 1:06am
Quoting Mystskull
Hmmmm i suspect it is simply going to range until the end of all the news. Though it seems the bullish flag is still in play at least for now. 1.11787 is a potential support level and for now it seems 1.11950 is a strong resistance level. Will have to wait and see which breaks first.
Your comment makes no sense because you never stated a "timeframe". Support of what? Resistance of what? Without us knowing what timeframe you are talking about the levels you mention have no meaning at all. Breakout means one candle closing below or above it. Without timeframe we don't know "what type of candle" close will cause the break of your S/R levels. You see? So next time try to always include the timeframe you are talking about. Thanks

Stay Green
Focus only on what truly matters!
  • #85,131
  • May 6, 2019 1:14am May 6, 2019 1:14am
Quoting Ata-Turkoglu
{quote} Your comment makes no sense because you never stated a "timeframe". Support of what? Resistance of what? Without us knowing what timeframe you are talking about the levels you mention have no meaning at all. Breakout means one candle closing below or above it. Without timeframe we don't know "what type of candle" close will cause the break of your S/R levels. You see? So next time try to always include the timeframe you are talking about. Thanks Stay Green
Ah yes my bad! i forgot hahaha, I was referring to M30 charts!
  • #85,132
  • May 6, 2019 1:16am May 6, 2019 1:16am
Hi all, if you look at the Calendar, UK is on holiday today, London dealers are off, so - not enough power for either direction. In about an hour the speed will start slowly to pick up as we head to NY open. The first condition to profit from any market is: the price must move.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #85,133
  • Edited 4:27am May 6, 2019 1:25am | Edited 4:27am
One should never forget the Daily chart when doing analysis. Outlook remains bearish, cannot rule out the breakdown of 61.8% as demand zone from May 2017 has been tested 3 times in November 2018, March 2019 and May 2019 is appearing to be exhausted. Price is making lower high with every bounce attempted. The yearly lows still have plenty of room to go before we hit the 2019's bottom, notably around 1.0815 / 78.6% fibo.

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Possible selling zone to catch bearish selling entry signal, the best area is somewhere above 1.1300-1.1350.

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  • #85,134
  • May 6, 2019 1:29am May 6, 2019 1:29am
Still waiting for EU to explode

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TMT Scalping System (Best system on FF)
  • #85,135
  • May 6, 2019 1:30am May 6, 2019 1:30am
Quoting Pollen
Still waiting for EU to explode {image}
hi please share this indi
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Allergic to bullshitters, never argue with fools
  • #85,136
  • May 6, 2019 1:37am May 6, 2019 1:37am
Quoting Ata-Turkoglu
H1 Status Update Long story short: We are back in bullish territory and as long as H1 candles stay above GREEN line (1.1175 area) the bull journey will probably continue. I will keep buying dips on coming Monday. Stay Green {image}
hi ata...just a question out of curiousity and seeking knowledge...what informed you to choose settings of 9,66,6 on the euro 1 hour macd in your trading plan?
Carpe Diem
  • #85,137
  • May 6, 2019 1:37am May 6, 2019 1:37am
im currently long on a scalp, half postions size, looking for upside to around the 1.1220 area to open SHORT
  • #85,138
  • May 6, 2019 1:41am May 6, 2019 1:41am
Quoting majorpairs
im currently long on a scalp, half postions size, looking for upside to around the 1.1220 area to open SHORT
can i advice you not to define TP 1220
and not to define a pending order to sell 1220

keep trail this trade

just my 2 cents
  • #85,139
  • May 6, 2019 1:50am May 6, 2019 1:50am
Quoting knkie
{quote} good morning woke up to BE on this trade. Im buying again: 1.1190 SL 11 i like the risk on this trade better
Not Yet Not Yet
killing the long strategy.

M30
SELL 1.1184
SL 12 pips
in wondering about yourself, you forgot what you came here to be part of
  • #85,140
  • May 6, 2019 1:56am May 6, 2019 1:56am
Quoting nkimandi
{quote} hi ata...just a question out of curiousity and seeking knowledge...what informed you to choose settings of 9,66,6 on the euro 1 hour macd in your trading plan?
The 9 comes from my goal to use a fast moving average but not that fast as 3 or 4.. So I intentionally wanted to have some delay in my short-term perspective because I noticed I am entering too early most of the time. But I also wanted it not too delayed because then MACD starts lagging.

The 66 is actually just my personal preference and has not much difference when compared to standard 26 but again here I also wanted some delay and also that MACD bars stick out a little bit from 0 level for easier visibility.

The 6 is for the signal line to give me early signals where I look at bars crossing into our out of the signal line to confirm direction change. The bigger the number the more the signal line shifts to the right side. I prefer a number between 3 and 6 generally. But 3 was not making it easy to see crosses so I changed it to 6.

Overall all you want to do is to see "divergence" or "bar crossing in or out the signal line". Pick a setting that fits your needs along your system and you are good to go. Not a big deal. I hope it clarifies.

Stay Green
Focus only on what truly matters!
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