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  • #89,841
  • Jun 24, 2019 2:20am Jun 24, 2019 2:20am
news event in 40 min will move market, im waiting to open long if price drops first, ideally at 1.1340 my first long will be at 1.1355 sl 30 pips tp open
  • #89,842
  • Jun 24, 2019 2:45am Jun 24, 2019 2:45am
Quoting knkie
good monday we have a heat wave here...maybe thats a sign for turbulence in the eur usd I have 1391 as a significant Resistance level...price is almost up against it. But ive also got a signal to go long... SO if i take this im buying into resistance. Which i really shouldnt do. let me contemplate this lol

totally contradicting myself now....

SELL
1375

1st target 12 pips
2nd target 30 pips

Stops @ 10 pips
in wondering about yourself, you forgot what you came here to be part of
  • #89,843
  • Jun 24, 2019 3:06am Jun 24, 2019 3:06am
Hello everyone.
Sell 1381, SL 15p, TP1 1362, TP2 1355.
  • #89,844
  • Jun 24, 2019 3:10am Jun 24, 2019 3:10am
I see divergence on long MACD it can get some high,but after down.YOu see border now,but eur can drop more.
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  • #89,845
  • Jun 24, 2019 3:17am Jun 24, 2019 3:17am
Looks like some are desperate for EUR/USD to fall but the path of least resistance is up and bullish case would only weaken if the pair find acceptance below the former resistance-turned-support of 1.1348
German IFO came in with two above & one below expectation which lend some strength to the Euro.
  • #89,846
  • Jun 24, 2019 3:19am Jun 24, 2019 3:19am
Everybody "see" a down move. That's why the sharks will rise up a little more.
  • #89,847
  • Jun 24, 2019 3:20am Jun 24, 2019 3:20am
Forwarded from UNIVERSAL FOREX TRADING LTD
FX SIGNAL
Eurusd sell 1.1376
Sl 1.1420
Tp 1.1280
Neither a Bro Nor a Pro I am I
  • #89,848
  • Jun 24, 2019 3:25am Jun 24, 2019 3:25am
Quoting knkie
{quote} totally contradicting myself now.... SELL 1375 1st target 12 pips 2nd target 30 pips Stops @ 10 pips
stopped out.
should have stuck with initial long signal.
the resistance @ 1391 kept me from going long, but price is making a real move to take it out now.
in wondering about yourself, you forgot what you came here to be part of
  • #89,849
  • Jun 24, 2019 3:29am Jun 24, 2019 3:29am
Quoting majorpairs
news event in 40 min will move market, im waiting to open long if price drops first, ideally at 1.1340 my first long will be at 1.1355 sl 30 pips tp open
price didnt drop where i wanted to couldn't enter long
  • #89,850
  • Jun 24, 2019 3:35am Jun 24, 2019 3:35am
Quoting RahmanSL
Looks like some are desperate for EUR/USD to fall
lol
yes
i woke up this morning feeling desperate to go short
in wondering about yourself, you forgot what you came here to be part of
  • #89,851
  • Jun 24, 2019 3:36am Jun 24, 2019 3:36am
Quoting knkie
{quote} stopped out. should have stuck with initial long signal. the resistance @ 1391 kept me from going long, but price is making a real move to take it out now.
Sucks you got stopped out but won’t you get stopped every time using 10 pips stops
ex nihilo
  • #89,852
  • Jun 24, 2019 3:38am Jun 24, 2019 3:38am
Quoting Oc6oph
{quote} Sucks you got stopped out but won’t you get stopped every time using 10 pips stops
no.
ive said this often: the trades i take fall or jump fast.
if it does not its just a bad trade.
logically if its a bad trade i dont want to increase the loss with a bigger stop.

for me a stop is simply telling me the trade was wrong and i want the loss to be minimal.
in wondering about yourself, you forgot what you came here to be part of
  • #89,853
  • Jun 24, 2019 3:44am Jun 24, 2019 3:44am
M15
price has broken 1391 Resistance
but its a LL-HH formation
this can signal ranging behaviour until one of the ends is broken.
i would favour longs now
in wondering about yourself, you forgot what you came here to be part of
  • #89,854
  • Jun 24, 2019 3:44am Jun 24, 2019 3:44am
Quoting knkie
{quote} no. ive said this often: the trades i take fall or jump fast. if it does not its just a bad trade. logically if its a bad trade i dont want to increase the loss with a bigger stop. for me a stop is simply telling me the trade was wrong and i want the loss to be minimal.
Absolutely Knkie, thats also my approach...

Talking 'bout SL - here is the pool you can leave your mark - https://www.forexfactory.com/showthread.php?t=926829
So far, about half the voters DONT use SL...lol
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #89,855
  • Jun 24, 2019 3:46am Jun 24, 2019 3:46am
mental stop 30-40 pips for me every trade, hard stop gives your broker an opportunity to draw a wick to stop you out
  • #89,856
  • Jun 24, 2019 3:47am Jun 24, 2019 3:47am
Quoting Maxjoy
{quote} Absolutely Knkie, thats also my approach... Talking 'bout SL - here is the pool you can leave your mark - https://www.forexfactory.com/showthread.php?t=926829 So far, about half the voters DONT use SL...lol
hey MaxJoy ...
thanx for that!

and wow....
Timeframe can matter but : 27% not using a stoploss at all....

im really surprised at this.
I know the NO-Stoploss crowd say they never lose but i just dont believe that ....
probability is not on their side.
in wondering about yourself, you forgot what you came here to be part of
  • #89,857
  • Jun 24, 2019 3:49am Jun 24, 2019 3:49am
Quoting knkie
M15 price has broken 1391 Resistance but its a LL-HH formation this can signal ranging behaviour until one of the ends is broken. i would favour longs now
KnKie, your name usually makes me feel you are female. Lol... You are already good at what you do but if I may chirp in. If volume keeps increasing at resistance on lower timeframes (1hr down) but price isn't bresking the resistance and keeps rubbing at it, it's a valid sell.
  • #89,858
  • Jun 24, 2019 3:50am Jun 24, 2019 3:50am
Quoting majorpairs
mental stop 30-40 pips for me every trade, hard stop gives your broker an opportunity to draw a wick to stop you out
the issue i have, personally, with mental stops is it becomes emotional and subjective when price nears that level.
I start debating whether to move the level.
Or not.
Emotion takes over.
Ive seen traders on FF keep moving their mental stop until the loss is so large they cant exit at all.
For me its better to have a hard stop that teaches me a lesson lol
but thats just me.
If it mental stops work keep doing it.
in wondering about yourself, you forgot what you came here to be part of
  • #89,859
  • Jun 24, 2019 3:53am Jun 24, 2019 3:53am
Quoting knkie
{quote} hey MaxJoy ... thanx for that! and wow.... Timeframe can matter but : 27% not using a stoploss at all.... im really surprised at this. I know the NO-Stoploss crowd say they never lose but i just dont believe that .... probability is not on their side.
I'm happy for anyone constantly making money even if they dont use SL...however in the long run that have proven to be fatal over and over and over again...
TF matters - of course, but one having a sound system will track multiple TF, however execute only on one, therefore SL should be somehow consistent and able to fit in one of the options.
I dont know anyone trading on daily with 200 pips stop on Monday and scalping with 5 pips on Tuesday...
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #89,860
  • Jun 24, 2019 3:55am Jun 24, 2019 3:55am
hmmm..... EUR/USD show signs of real downward reversal from 1.1394... wonder strong enough to go below 1.1348?
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