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  • #88,201
  • Jun 7, 2019 9:22am Jun 7, 2019 9:22am
Hi Guys,

A weekly close above 1.1300 will be great for bulls. Going into next week a possible retest of the descending trend line and back up. Yet to be seen if we will bounce off 1.1350 or 1.1400.

Have a great weekend
Cheers.
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Trade to trade another day
  • #88,202
  • Jun 7, 2019 9:38am Jun 7, 2019 9:38am
Sell limit 1.1355 SL 150 TP open
ex nihilo
  • #88,203
  • Jun 7, 2019 9:38am Jun 7, 2019 9:38am
Quoting Wavegarrick
Hi Guys, A weekly close above 1.1300 will be great for bulls. Going into next week a possible retest of the descending trend line and back up. Yet to be seen if we will bounce off 1.1350 or 1.1400. Have a great weekend Cheers. {image}
Good trades, Wave. At this rate it should close above 1.1300. For most people who sold below 1.13 I believe their stop losses have been swallowed. Let's see the close.
  • #88,204
  • Jun 7, 2019 9:39am Jun 7, 2019 9:39am
all positions closed.

Next week we get US CPI and retail sales. Those are going to be big numbers.

good weekend to everyone
  • #88,205
  • Jun 7, 2019 9:46am Jun 7, 2019 9:46am
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Diagonal line is going on being corrected thru upside but still under fibo 61.8 level to feed with new sell entries.
  • #88,206
  • Edited 10:30am Jun 7, 2019 9:54am | Edited 10:30am
Sold 1.1345 based on order flow (selling came in)
SL = 15p
TP = Open

It needs to close below 1.1332 for me to keep the faith in this trade
  • #88,207
  • Jun 7, 2019 9:55am Jun 7, 2019 9:55am
Quoting Nabiximols
Just saw this some moments ago. The markets are now pricing in 80bps of FED cuts, thats around 3 cuts. Edit: We are only at the beginning of this € rally, we should be much much higher. {image}
Hahahaha! 3 CUTS!?!

Why? That is pretty much going to confine us to Negative Interest Rate Policy if this comes to pass. I'd think they would use any other policy tool BUT this... haha, right?

FED: well we know there is going to be a recession at SOME point here, so why not just cut to 0 already to beat it?

Sorry, just got short and "pre-venting"... because I suspect absolute nonsense keeps carrying it higher so will have to wait it out.
  • #88,208
  • Jun 7, 2019 10:02am Jun 7, 2019 10:02am
... https://www.forexfactory.com/showthr...1#post12316611
ok, last sell level:
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  • #88,209
  • Jun 7, 2019 10:16am Jun 7, 2019 10:16am
Quoting skillz16
{quote} Hahahaha! 3 CUTS!?! Why? That is pretty much going to confine us to Negative Interest Rate Policy if this comes to pass. I'd think they would use any other policy tool BUT this... haha, right? FED: well we know there is going to be a recession at SOME point here, so why not just cut to 0 already to beat it? Sorry, just got short and "pre-venting"... because I suspect absolute nonsense keeps carrying it higher so will have to wait it out.


I have no position, but you couldn't be more right lol. It's like they really want hyperinflation. Scary people in charge.
  • #88,210
  • Jun 7, 2019 10:16am Jun 7, 2019 10:16am
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Patterns have an underlying mathematical structure.
  • #88,211
  • Jun 7, 2019 10:24am Jun 7, 2019 10:24am
Short @ 1.1345 SL 1.1355 TP Open. At least until end of the day. Lets see if we cant pull some extra out of today.
  • #88,212
  • Jun 7, 2019 10:26am Jun 7, 2019 10:26am
Expecting 1.1320 before close or it may remain pending for Monday .
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Neither a Bro Nor a Pro I am I
  • #88,213
  • Jun 7, 2019 10:37am Jun 7, 2019 10:37am
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The second part of SELL serie
  • #88,214
  • Jun 7, 2019 10:40am Jun 7, 2019 10:40am
Quoting Ata-Turkoglu
{quote} All well.. in the back of my head I am aware of my shark completion zone and therefore this is not my real sell power yet.. I am still cautious.. Trade safe buddy.. Stay Green
AtA,do you still holding short 1.1310?
  • #88,215
  • Jun 7, 2019 10:53am Jun 7, 2019 10:53am
Quoting Amir_Forex
{image}



.
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Patterns have an underlying mathematical structure.
  • #88,216
  • Jun 7, 2019 10:59am Jun 7, 2019 10:59am
Quoting sqaguru
Sold 1.1345 based on order flow (selling came in) SL = 15p TP = Open It needs to close below 1.1332 for me to keep the faith in this trade
Out at 1.1323 for a 22 pip gain
  • #88,217
  • Jun 7, 2019 11:02am Jun 7, 2019 11:02am
Quoting Amir_Forex
{quote} . {image}
what platform is that??these numbers??
  • #88,218
  • Jun 7, 2019 11:02am Jun 7, 2019 11:02am
Sold micro micro micro lot at 1,1324 with SL at 1,1350 just for fun.
  • #88,219
  • Jun 7, 2019 11:04am Jun 7, 2019 11:04am
Quoting Mitiblotch
Like I said in the morning I was expecting this spike. I wanted to buy a little but missed my preferred price. Now my pending shorts triggered. I had patients to see so went against my rule and placed pending short orders at 1.1325. All triggered. Also kept some pendings at the D200SMA sitting around 1.1365 area (not yet triggered). But I'll add sells if price comes close. All SL above 1.1380.
Added many sells all the way to 1.1345. SL same as above. The 1.1365 sell was not triggered. Obviously. Lol...
  • #88,220
  • Jun 7, 2019 11:06am Jun 7, 2019 11:06am
Quoting LCForex
Buy Dips! {image} {image}
War warned does not kill people!
Don't believe me just watch!
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