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  • #87,381
  • May 30, 2019 10:56am May 30, 2019 10:56am
Bulls would love a H1 close above 1.1139...
If you don't know how to earn money, don't loose it.
  • #87,382
  • May 30, 2019 11:15am May 30, 2019 11:15am
Quoting Mitiblotch
{quote} Close 2 here at 1.1122. That's 32pips (16x2). Letting the final one run with SL at BE.
Last short taken out at BE plus. Short again here at 1.11355. SL above 1.1170. I need a tag of that 1.1100. I'm not so confident about this one.
  • #87,383
  • May 30, 2019 11:20am May 30, 2019 11:20am
Quoting coolmakina
Bulls would love a H1 close above 1.1139...
That would be a big mistake
  • #87,384
  • May 30, 2019 11:30am May 30, 2019 11:30am
Quoting Togu
{quote} That would be a big mistake
Perhaps my sentence was not clear. i meant is that "bulls would love a H1 close above 1.1139..." because if that happens (at the time of my post), bulls would have been in the upper hand as ATA usually says.
or, in other words, "bear would hate a H1 close above 1.1139..." because bears would eventually close profits, stop hits, resistance would be broken, etc... giving even more power to the bulls...
but as my sentence pretended to say... it didn't happen. at least at this time.

Tomorrow will be another day. on that i'm 100% sure.
If you don't know how to earn money, don't loose it.
  • #87,385
  • May 30, 2019 12:15pm May 30, 2019 12:15pm
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Critical area... May be Buyer sword (blue) will break Sellerone... It is strong...
  • #87,386
  • May 30, 2019 12:19pm May 30, 2019 12:19pm
https://www.forexfactory.com/showthr...0#post12297690

I am out Got profit before time..... i will be looking for short setups if it goes up....
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share holder of PayorCoin
  • #87,387
  • May 30, 2019 12:30pm May 30, 2019 12:30pm
Quoting coolmakina
{quote} Perhaps my sentence was not clear. i meant is that "bulls would love a H1 close above 1.1139..." because if that happens (at the time of my post), bulls would have been in the upper hand as ATA usually says. or, in other words, "bear would hate a H1 close above 1.1139..." because bears would eventually close profits, stop hits, resistance would be broken, etc... giving even more power to the bulls... but as my sentence pretended to say... it didn't happen. at least at this time. Tomorrow will be another day. on that i'm 100% sure.
so you re saying that bears would have stopped out from their initial trades right? In my opinion short traders are done taking profits or let's say they are just trailing. My next expectation is that the price would break the resistance, thus giving us some clear picture that bull's are in control but you fx doesn't usually happen that way. It goes another way "south"
  • #87,388
  • May 30, 2019 12:37pm May 30, 2019 12:37pm
Quoting coolmakina
{quote} Perhaps my sentence was not clear. i meant is that "bulls would love a H1 close above 1.1139..." because if that happens (at the time of my post), bulls would have been in the upper hand as ATA usually says. or, in other words, "bear would hate a H1 close above 1.1139..." because bears would eventually close profits, stop hits, resistance would be broken, etc... giving even more power to the bulls... but as my sentence pretended to say... it didn't happen. at least at this time. Tomorrow will be another day. on that i'm 100% sure.
What might happen is this.
1. They drive the price up thus breaking the clear resistance. And bulls think they're in control, but the sad reality is that around that area there will be huge limit sell orders which might drive the price down even more. I'm not married into my theories, because my theories changes whenever the price changes
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  • #87,389
  • May 30, 2019 12:45pm May 30, 2019 12:45pm
Quoting Wavegarrick
Hi Guys, As some of you that have read my posts may know, I was stopped out on my buy trails. Not a great situation as I have squandered good profits with this deep retrace, but nevertheless ended on a overall profit of 150 pips. I am opening a buy trade here again with a 25 pip stop loss. I have no notions of selling at this point as I also have no sell indication on my system. It is ugly, I must say and the same as at the beginning of May when we had that big retrace before moving up again. (highlighted on my chart). Trading never is easy!!. I...
Hi Guys,
Things still kinda iffy at this point in time. I still maintain my long from yesterday with 2 added trades today. I would ideally like to see a daily close above the round number 1.1150 but probably unlikely at this point in time. Tomorrow is the last day of the month and we could possibly see some nice moves.

I hope all goes well.
Trade safe
Cheers
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Trade to trade another day
  • #87,390
  • May 30, 2019 12:46pm May 30, 2019 12:46pm
Quoting majorpairs
opened long at 1.1118 - will add if price moves down - sl 30 pips tp open
Don't you think it could go down to 1.108x ?
We are only learners in this life
  • #87,391
  • May 30, 2019 12:52pm May 30, 2019 12:52pm
Quoting Wavegarrick
{quote} Hi Guys, Things still kinda iffy at this point in time. I still maintain my long from yesterday with 2 added trades today. I would ideally like to see a daily close above the round number 1.1150 but probably unlikely at this point in time. Tomorrow is the last day of the month and we could possibly see some nice moves. I hope all goes well. Trade safe Cheers {image}
Don't rely on supertrends or any other indicators ^^, ur trades are fine but I wouldn't rly hope for long term right now. But HOPE? come on you're better than that. If the bulls take control the chart will show it, we just have to be lil patient.
  • #87,392
  • May 30, 2019 1:27pm May 30, 2019 1:27pm
Quoting Togu
{quote} Don't rely on supertrends or any other indicators ^^, ur trades are fine but I wouldn't rly hope for long term right now. But HOPE? come on you're better than that. If the bulls take control the chart will show it, we just have to be lil patient.
Let me disect your critique:
Quote
Don't rely on supertrends or any other indicators ^^
I do no rely on indicators but use them as a confirmation tool only.
Quote
HOPE?
means I hope you well just like saying I wish you the best of luck or in the trading context "I hope price turns" like you mentioned in your previous post "What might happen is this." There are no predictions in my trading. I trade price as it is. If you know where price is going rather do not say "it might go there", that is once again based on "hope". You and I do not know where price will go and never will. We can only use our edge. Don't waste my time with a crappy debate.
Quote
we just have to be lil patient
I agree and the most sensible thing you have said. Patience. I have lots of it.

Hope you trade well.
Cheers
Trade to trade another day
  • #87,393
  • May 30, 2019 1:31pm May 30, 2019 1:31pm
Think we're going to make new lows tomorrow or even in asia session if theres someone taking advantage of the low liquidity to flash crash it.

It's like a slow-motion market, you have to wait 24 hours for the next 20 pips...
  • #87,394
  • May 30, 2019 1:34pm May 30, 2019 1:34pm
No further words from my side...
Hope Wavegarrick was clear.


All good.
If you don't know how to earn money, don't loose it.
  • #87,395
  • May 30, 2019 1:43pm May 30, 2019 1:43pm
Quoting Togu
{quote} so you re saying that bears would have stopped out from their initial trades right? In my opinion short traders are done taking profits or let's say they are just trailing. My next expectation is that the price would break the resistance, thus giving us some clear picture that bull's are in control but you fx doesn't usually happen that way. It goes another way "south"
Now you are saying what I was saying...
I don't expect... I trade.
Most of time I post my entries and reasons.
That's all.
At the time I said it wouldn t break 1.1139.
It didn't.
Last 2 times I tried to "predict" price... I miss 1 and get it right another.
None was traded by me.
I wish that we could go back to EU only and charting, explaining entries is better than trading ideologies.
All the best for you and all around here.
If you don't know how to earn money, don't loose it.
  • #87,396
  • May 30, 2019 2:01pm May 30, 2019 2:01pm
3 hours Buy sell buy sell nothing just tiny range
  • #87,397
  • May 30, 2019 2:26pm May 30, 2019 2:26pm
Quoting Togu
{quote} Don't rely on supertrends or any other indicators ^^, ur trades are fine but I wouldn't rly hope for long term right now. But HOPE? come on you're better than that. If the bulls take control the chart will show it, we just have to be lil patient.
Dear Togu.. Please stop "patronizing" our members and share what you know best without squeezing your nose into everyone's business.. Share what you feel is important and move on.. Also read our rules on page 1 to be synced with what type of members we like to have here.. Thanks..

Stay Green
Focus only on what truly matters!
  • #87,398
  • May 30, 2019 2:27pm May 30, 2019 2:27pm
I always get a warm feeling on this thread that's why i'm constantly monitoring it. I learn so much sitting here reading. I am all for Long and look forward to 1.20 again.
  • #87,399
  • May 30, 2019 2:39pm May 30, 2019 2:39pm
Quoting cabbiefx
Entered long at 11242 sl at break even tp open {image}
Holding position with SL at BE and TP 1.12222. I expect friday to retrace up to about 1.1165. Rationale is that monthly candle needs a wick, and weekly candle also. And that friday retrace will be in line with what historically happens to EU with no news coming up, considering weekly range of 100 pips we done so far. If my sl gets triggered, i have pending longs around 1.1090 because i doubt it will do nearly exact double bottom near 1.11111
Qqq Return Today: 0.7%
  • #87,400
  • May 30, 2019 2:58pm May 30, 2019 2:58pm
I'll buy EU but not here. It's almost a surety that this pair will go past 1.11. Just a few pips below 1.11 and the movers would be ready for a fast move up. In every scenario I have to be vigilant and watch what the charts say, especially my dear candles.

I'm still short from 1.11355 as I mentioned above.
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