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EURUSD only

  • #89,921
  • Jun 24, 2019 8:49am Jun 24, 2019 8:49am
Shark pattern is not complete yet?
  • #89,922
  • Jun 24, 2019 9:17am Jun 24, 2019 9:17am
trying to build a short position without getting constantly hit on my SL
  • #89,923
  • Jun 24, 2019 9:22am Jun 24, 2019 9:22am
Quoting Gokhul544
{quote} Thanks alot satish... By your words I will keep following the amir and ata.. By the way What is range bound target satish. Thanks in advance

Market will not reach your entry point , the simplest thing you can do is enter a 0.05 lot or 0.1 lot buy @ 1.1362 if you will try dipper position to hedge you hv to be very attentive on pc . but if it touches 1.1347 than we can expect dipper fall to 1.1328 or some what +- . but to me it is not possible before touching 1.1490 .
I hope you can catch what i mean to say . 1.1347 is very important level if touched all seller feel lucky to get minimize their loss.
Neither a Bro Nor a Pro I am I
  • #89,924
  • Jun 24, 2019 9:23am Jun 24, 2019 9:23am
i am waiting for the retracement to place my buy limit with 0.1 lot @ 1.3050 sl below 1.3020 not a fixed stop loss if 1 hr candle closes below 1.3020 i will close my buy position .
Sajjad Trader
  • #89,925
  • Jun 24, 2019 9:23am Jun 24, 2019 9:23am
1.1326 might be possible to be seen today (M15),
judging actual PA, but this can change with a single bar.
best place to short was 1.1391 (i missed cause i was writing this post. when i spiked and falled down.
thought no use to post anymore since action already toke place, nevertheless we still haven't brake major support so, any spike to 1.1390/92 would be a good place to short and TP at 1.1326.

just me reading, don't take it as advice. (do it on your own)!

cheers,
If you don't know how to earn money, don't loose it.
  • #89,926
  • Jun 24, 2019 9:24am Jun 24, 2019 9:24am
Quoting Tenfold410
Shark pattern is not complete yet?
Shark on daily chart needs at least a touch to 1.1415 to be complete..

However.. shark being incomplete doesn't mean bears can't drag price down to retest 1.1320 area..

Stay Green
Focus only on what truly matters!
  • #89,927
  • Jun 24, 2019 9:27am Jun 24, 2019 9:27am
Hi Guys, one more buy trade opened stop loss 20 pips. Let see if we can get 1.1400.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_133.png Size: 81 KB
Trade to trade another day
  • #89,928
  • Jun 24, 2019 9:30am Jun 24, 2019 9:30am
Looks like a W on 5m, making me want to buy to above 1.14

The trouble with all this is that it can go down anytime, so price action itself is more useful than any given zone in my view. This is how I choose to trade anyway.
  • #89,929
  • Jun 24, 2019 9:35am Jun 24, 2019 9:35am
Quoting satish37
{quote} Market will not reach your entry point , the simplest thing you can do is enter a 0.05 lot or 0.1 lot buy @ 1.1362 if you will try dipper position to hedge you hv to be very attentive on pc . but if it touches 1.1347 than we can expect dipper fall to 1.1328 or some what +- . but to me it is not possible before touching 1.1490 . I hope you can catch what i mean to say . 1.1347 is very important level if touched all seller feel lucky to get minimize their loss.
i wait for 1.1347 conformation.
  • #89,930
  • Jun 24, 2019 9:39am Jun 24, 2019 9:39am
Quoting LCForex
{quote} TP reached, but I did not expect too much force at the end of the day. So, we should continue higher to 1.1400/40 area next week before to think in a correction. BUY DIPS!!! {image}
Eu! See you friday!
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 224 KB
Don't believe me just watch!
  • #89,931
  • Jun 24, 2019 9:45am Jun 24, 2019 9:45am
Hi every one, EU is going to hit high 1.1430-40 being month high
Good wishes
Attached Image
  • #89,932
  • Jun 24, 2019 10:05am Jun 24, 2019 10:05am
A touch to 1.1377 will be a confirmation for short signal..

Stay Green
Focus only on what truly matters!
  • #89,933
  • Jun 24, 2019 10:13am Jun 24, 2019 10:13am
This week, market is driven by fundamentals ... i.e. race between the US FED & ECB on policy easing - whether Washington and Beijing can resolve their trade dispute at the sideline of the G20 summit in Japan - Iran/US tensions over downing of US drone.
Until all these events come to pass or becomes clearer, nobody can predict direction of currencies with any degree of certainty.
  • #89,934
  • Jun 24, 2019 10:15am Jun 24, 2019 10:15am
Quoting RahmanSL
This week, market is driven by fundamentals ... i.e. race between the US FED & ECB on policy easing - whether Washington and Beijing can resolve their trade dispute at the sideline of the G20 summit in Japan - Iran/US tensions over downing of US drone. Until all these events come to pass or becomes clearer, nobody can predict direction of currencies with any degree of certainty.
what will happen now? it seems to bullish again, how long it continue to be bullish. will it reach 1.12...
  • #89,935
  • Jun 24, 2019 10:16am Jun 24, 2019 10:16am
I calculated on candle stick it will likely hit the sell down right under. It could be tough game for us all but there is 2 full sized candle sticks. Just do a check how many of you have confident of sell?
  • #89,936
  • Jun 24, 2019 10:19am Jun 24, 2019 10:19am
Quoting martin1977
I calculated on candle stick it will likely hit the sell down right under. It could be tough game for us all but there is 2 full sized candle sticks. Just do a check how many of you have confident of sell?
H4 rejection of former bar low
m5 making HL and HH now

i would favor a buy if M30 fractal high is broken
in wondering about yourself, you forgot what you came here to be part of
  • #89,937
  • Jun 24, 2019 10:29am Jun 24, 2019 10:29am
Quoting martin1977
I calculated on candle stick it will likely hit the sell down right under. It could be tough game for us all but there is 2 full sized candle sticks. Just do a check how many of you have confident of sell?
Martin, You will have to be more clear Bud, if you want us to understand what you are talking about. There are 9 different time frames on Mt4 and candle sticks relate to each time frame.
Cheers
Trade to trade another day
  • #89,938
  • Jun 24, 2019 10:33am Jun 24, 2019 10:33am
Quoting Gokhul544
{quote} what will happen now? it seems to bullish again, how long it continue to be bullish. will it reach 1.12...
how to answer this?
  • #89,939
  • Jun 24, 2019 10:36am Jun 24, 2019 10:36am
Quoting Wavegarrick
Hi Guys, one more buy trade opened stop loss 20 pips. Let see if we can get 1.1400. Cheers. {image}
1.1400 touch. Reaction here is important. cheers.
Trade to trade another day
  • #89,940
  • Jun 24, 2019 10:41am Jun 24, 2019 10:41am
Quoting Gokhul544
{quote} what will happen now? it seems to bullish again, how long it continue to be bullish. will it reach 1.12...
To prevent margin call in an uncertain time as this when price action seems unrelenting, you should have bought 0.05 at that little fall and use it as a hedge. If price goes up you can release the buy near 1.144 area hereby adding to your equity, and then leave the sell for some good retracement pips. However, If after buying and price falls to 1.132-4, great, you would still have reduced your loss because you bought half of your initial sell position.
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