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  • #85,641
  • May 10, 2019 5:35am May 10, 2019 5:35am
Quoting gatenio
{quote} like i said before. we should sell any try to attack the 4h 200 ema until brake confirmation
If price close above 200 ema in 4 hourly chart , does it enough confirmation for the resistance break ? Or any other kind of second confirmation is required ?. I am asking generally.
sell strength in falling markets, and buy weakness in rising markets.
  • #85,642
  • May 10, 2019 5:43am May 10, 2019 5:43am
Quoting RegisMexes
{quote} x2 lot? You must be confident.. Good luck!
i have 2 short positions x10 my usual lot @1.1241 and 1.1239 hold it since yesterday spike
trade is all about confidence lol
I will try my best to learn forex.
  • #85,643
  • May 10, 2019 5:46am May 10, 2019 5:46am
Quoting htcone
{quote} If price close above 200 ema in 4 hourly chart , does it enough confirmation for the resistance break ? Or any other kind of second confirmation is required ?. I am asking generally.
good question.
i really dont know the answer.
in my point of view if you lay on the 4h tf 200 ema, why we should lay on lower tf brake?
  • #85,644
  • Edited 5:57am May 10, 2019 5:47am | Edited 5:57am
Short 1.1229. Should have shorted 1.1237 if I had seen it but I'm busy at the office. SL at 1.1260. I believe there should be complete correction of yesterday's spike. I hope I'm right. TP down below.
  • #85,645
  • May 10, 2019 5:49am May 10, 2019 5:49am
Quoting gatenio
{quote} like i said before. we should sell any try to attack the 4h 200 ema until brake confirmation
let the attack start then ! lol
even \ M15 is showing buy signs now forming a HL
you can cathc it on M5
in wondering about yourself, you forgot what you came here to be part of
  • #85,646
  • May 10, 2019 5:51am May 10, 2019 5:51am
Quoting htcone
{quote} If price close above 200 ema in 4 hourly chart , does it enough confirmation for the resistance break ? Or any other kind of second confirmation is required ?. I am asking generally.
I don't rely too much on H4 charts because candles vary from broker to broker and may create confusion.. but a simple snapshot won't hurt.. Here is my basic view for the rest of this day and week.. A break above 200 EMA might not be enough for confirmation..

  1. I will watch fib 78.6 area: especially up until 1.1247 there might be a lot of bearish pressure.. Selling spikes seems to be smart.. (but of course it is risky).. so trade safe..
  2. Bearish targets might be limited with 1.1190/1200 area..

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: H4-Status.png Size: 22 KB
Focus only on what truly matters!
  • #85,647
  • May 10, 2019 5:52am May 10, 2019 5:52am
Quoting hein23
{quote} i have 2 short positions x10 my usual lot @1.1241 and 1.1239 hold it since yesterday spike trade is all about confidence lol

Take some profit maybe?
Fundamental provide Volume, Technical shows Direction
  • #85,648
  • May 10, 2019 5:53am May 10, 2019 5:53am
Quoting htcone
{quote} If price close above 200 ema in 4 hourly chart , does it enough confirmation for the resistance break ? Or any other kind of second confirmation is required ?. I am asking generally.
good question.
i really dont know the answer.
we saw a lot of times break and right after that it retrace.
but in my point of view its enough if higher tf show us a bigger and clear picture
  • #85,649
  • May 10, 2019 5:54am May 10, 2019 5:54am
1.1214 support well it seems
Fundamental provide Volume, Technical shows Direction
  • #85,650
  • May 10, 2019 6:00am May 10, 2019 6:00am
[quote=knkie;12265526]{quote} let the attack start then ! lol even \ M15 is showing buy signs now forming a HL you can cathc it on M5[/quote

sory, cant see any trend yet
  • #85,651
  • May 10, 2019 6:01am May 10, 2019 6:01am
Quoting LucasT
1.1214 support well it seems
we didnt saw the price there so far today.
  • #85,652
  • May 10, 2019 6:02am May 10, 2019 6:02am
Quoting LucasT
{quote} Take some profit maybe?
u right. i should take some profit but now im thinking its to late. so im going to gamble with upcoming news sl hit first or tp lol.
i do not know why but this how i trade (bad example) but i love to trade like this lol
I will try my best to learn forex.
  • #85,653
  • May 10, 2019 6:09am May 10, 2019 6:09am
[quote=gatenio;12265548]
Quoting knkie
{quote} let the attack start then ! lol even \ M15 is showing buy signs now forming a HL you can cathc it on M5[/quote sory, cant see any trend yet
no problem
in wondering about yourself, you forgot what you came here to be part of
  • #85,654
  • May 10, 2019 6:26am May 10, 2019 6:26am
Quoting Ata-Turkoglu
{quote} ??? Sometimes I ask myself am I the one living in a parallel universe or is it the ones who comment on my posts.. x/2 means half of normal lot size.. meaning: I am not that confident and try to be cautious.. How can you see it as x2? Really weird Stay Green
Oops, sorry my bad, I was on mobile, didn't see the "/".
If you want in on my experimental EA, PM me.
  • #85,655
  • May 10, 2019 6:32am May 10, 2019 6:32am
Quoting Ata-Turkoglu
{quote} In contrary I don't feel anything for how many followers I have and it actually stresses me out that people constantly misunderstand or follow blindly and end up in losses.. My goal is to protect people and help them to trade wise.. Misunderstandings are our biggest enemy.. Stay Green
I like checking in on this thread as it offers a challenge to any bias I may or may not have about the EURUSD. I chip in my 2cents worth if I feel the need. No more complicated than that. Its a great thread and just goes to show that we are all wise to be humbled by the market when our thoughts are out of alinement with whichever way it goes.
  • #85,656
  • May 10, 2019 6:35am May 10, 2019 6:35am
trump just tweeted.
no deal he said.

the price didnt act to the news

might tell us we are heading down?

news in one hour.
  • #85,657
  • May 10, 2019 6:36am May 10, 2019 6:36am
Quoting gatenio
trump just tweeted. no deal he said. the price didnt act to the news might tell us we are heading down? news in one hour.
Price is being tired from Mr. D tweets....
  • #85,658
  • May 10, 2019 6:36am May 10, 2019 6:36am
Quoting hein23
{quote} u right. i should take some profit but now im thinking its to late. so im going to gamble with upcoming news sl hit first or tp lol. i do not know why but this how i trade (bad example) but i love to trade like this lol

Best not to gamble as you have max your trade size. I do predict it will hit 1.126 to be honest.
Fundamental provide Volume, Technical shows Direction
  • #85,659
  • May 10, 2019 6:37am May 10, 2019 6:37am
Long lower wicks on H1 chart recently & less than 61.8% retracement of yesterday's up-move suggest an upward pressure on EURUSD.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #85,660
  • May 10, 2019 6:38am May 10, 2019 6:38am
Quoting gatenio
{quote} we didnt saw the price there so far today.
That is why a good support. You don't even able to retouch it since the opening unless US kicks in and
majority wish to revisit today open price
Fundamental provide Volume, Technical shows Direction
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