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General Trading Chat / Ideas

  • #2,901
  • Jul 5, 2019 2:11pm Jul 5, 2019 2:11pm
Quoting Techanalyst
{quote} I don't think that is going to work. Going back down to 108.00 which is about 45 pips. Don't see this pulling back down that much.
We will see! I think on Monday it will goes a little more up then will fall down. If it hit my SL, I will sell again from higher.
  • #2,902
  • Jul 5, 2019 3:03pm Jul 5, 2019 3:03pm
Oh me undecided if I should hold all my trades over weekend or not
ex nihilo
  • #2,903
  • Jul 5, 2019 4:00pm Jul 5, 2019 4:00pm
I took out all my stops and I知 holding over the weekend I知 already terrified
ex nihilo
  • #2,904
  • Jul 6, 2019 8:31am Jul 6, 2019 8:31am
Quoting bigiivan
{quote} We will see! I think on Monday it will goes a little more up then will fall down. If it hit my SL, I will sell again from higher.
I think this has better chance to go to 109.30 before going down anywhere.
Attached Image (click to enlarge)
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  • #2,905
  • Jul 6, 2019 8:38am Jul 6, 2019 8:38am
Quoting Techanalyst
{quote} I think this has better chance to go to 109.30 before going down anywhere. {image}
Looking at H4 looks like it might retrace a little. I’m still holding longs daily looks very bullish to me
ex nihilo
  • #2,906
  • Jul 7, 2019 4:13am Jul 7, 2019 4:13am
Quoting Techanalyst
{quote} I think this has better chance to go to 109.30 before going down anywhere. {image}
It might be bullish on daily, but it has to correct a little down. It is ovebought on little timeframes.
First down then your 109,30.
I may be wrong.
  • #2,907
  • Jul 7, 2019 4:28am Jul 7, 2019 4:28am
Quoting Techanalyst
{quote} I think this has better chance to go to 109.30 before going down anywhere. {image}
Ya I think so ++109, but i think the retracement might take place until tuesday
Attached Image (click to enlarge)
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A good trade comes with a good assessment
  • #2,908
  • Jul 7, 2019 6:36am Jul 7, 2019 6:36am
Quoting bigiivan
{quote} It might be bullish on daily, but it has to correct a little down. It is ovebought on little timeframes. First down then your 109,30. I may be wrong.
I see. But just remember, no overbought or oversold in trading. The price will do what the price will do.
  • #2,910
  • Jul 7, 2019 1:06pm Jul 7, 2019 1:06pm
TRADE PLAN FOR 8/7/19: GBPJPY... TP136.361 SL 135.704
  • #2,911
  • Jul 7, 2019 1:49pm Jul 7, 2019 1:49pm
I’m think about buying GBPUSD but going to wait for confirmation. Held all positions over weekend scary as I’m in multiple positions. Expecting possible turns soon on NZDUSD so might move my stops to plus 60 when if it gets to 100 undecided rarely move stops up
ex nihilo
  • #2,912
  • Jul 7, 2019 2:46pm Jul 7, 2019 2:46pm
Okay...
  • #2,913
  • Jul 7, 2019 2:52pm Jul 7, 2019 2:52pm
Quoting Oc6oph
I知 think about buying GBPUSD but going to wait for confirmation. Held all positions over weekend scary as I知 in multiple positions. Expecting possible turns soon on NZDUSD so might move my stops to plus 60 when if it gets to 100 undecided rarely move stops up
You had better understanding of market direction last week. I would buy USDCAD or USDJPY more especially USDCAD. You never know market is full of surprises. That is just my opinon.
  • #2,914
  • Jul 7, 2019 3:01pm Jul 7, 2019 3:01pm
Quoting Okpala1988
{quote} You had better understanding of market direction last week. I would buy USDCAD or USDJPY more especially USDCAD. You never know market is full of surprises. That is just my opinon.
I知 already in USDJPY. I don稚 trade USDCAD much I do better with other pairs
ex nihilo
  • #2,915
  • Jul 7, 2019 3:04pm Jul 7, 2019 3:04pm
Quoting Oc6oph
{quote} I知 already in USDJPY. I don稚 trade USDCAD much I do better with other pairs
Okay...
  • #2,916
  • Jul 7, 2019 3:13pm Jul 7, 2019 3:13pm
I'd be wary of buying UJ at the mo yes we've broke a daily trendline and yes we've made a HL however untill that HL is broke and closed above this simply could be a double top in a proven downtrending market at a 88.6 fib ratio.
People where trying to buy GBPUSD last week, they didn't notice that on the bigger picture we had a double top on a 38.2 fib retracment. Needless to say I took the shorts, some poor sod kept adding longs to a loosing positon before taking the hit and having his stoplosses hit. Always follow the trend untill having trend change confirmation.
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  • #2,917
  • Jul 7, 2019 4:14pm Jul 7, 2019 4:14pm
I survived holding my trades over weekend. Last week I held and had a gap against me on one of my trades
ex nihilo
  • #2,918
  • Jul 7, 2019 10:51pm Jul 7, 2019 10:51pm
Added a long EURAUD .60836
ex nihilo
  • #2,919
  • Jul 7, 2019 11:02pm Jul 7, 2019 11:02pm
USDJPY is moving down to daily pivot price, of my GBPJPY AND CHFJPY only CHFjpy has enough strength to with hold such move at the moment. USDCAD still undecided. GBP is relatively weak I was betting jpy could have been weaker...
  • #2,920
  • Jul 7, 2019 11:36pm Jul 7, 2019 11:36pm
Quoting Okpala1988
USDJPY is moving down to daily pivot price, of my GBPJPY AND CHFJPY only CHFjpy has enough strength to with hold such move at the moment. USDCAD still undecided. GBP is relatively weak I was betting jpy could have been weaker...
It’s early London not open yet. I’d bet GBPJPY goes up like you think
ex nihilo
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