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General Trading Chat / Ideas

  • #2,961
  • Jul 9, 2019 4:47am Jul 9, 2019 4:47am
Quoting ZenNy
the real trend is not really easy to define...otherwise we will be all rich.....
In the words of the legendary Digs:

”ill make my sheckles any which way the market is moving’”
  • #2,962
  • Jul 9, 2019 4:48am Jul 9, 2019 4:48am
the real trend today was in selling aussi during Asian session and cable at the EO......
trading is simple but is simple is not easy.
  • #2,963
  • Jul 9, 2019 4:50am Jul 9, 2019 4:50am
Quoting Oc6oph
Long GBPUSD 1.2471
Gbp looks like its trying to head for that 2 year low, 1.24348
  • #2,964
  • Jul 9, 2019 5:02am Jul 9, 2019 5:02am
the trick is getting in at the beginning of the move.....and I do not see only technicality being able to spot it....
trading is simple but is simple is not easy.
  • #2,965
  • Jul 9, 2019 5:06am Jul 9, 2019 5:06am
Quoting Jp1
{quote} Gbp looks like its trying to head for that 2 year low, 1.24348
It looks to be a buy area for me. It may go down more though
ex nihilo
  • #2,966
  • Jul 9, 2019 5:52am Jul 9, 2019 5:52am
Oh me wish I had held AUDUSD and NZDUSD a little longer
ex nihilo
  • #2,967
  • Jul 9, 2019 5:55am Jul 9, 2019 5:55am
Quoting Oc6oph
{quote} It looks to be a buy area for me. It may go down more though
GBPusd MIGHT SELL for the whole day
  • #2,968
  • Jul 9, 2019 5:57am Jul 9, 2019 5:57am
Quoting Okpala1988
{quote} GBPusd MIGHT SELL for the whole day
Its possible but I wouldn’t be shorting here planned to buy 2570 so I bought
ex nihilo
  • #2,969
  • Jul 9, 2019 5:58am Jul 9, 2019 5:58am
Quoting Oc6oph
Oh me wish I had held AUDUSD and NZDUSD a little longer
That is speculation market for you. We don't know what will happen, we only make educated guess.
  • #2,970
  • Jul 9, 2019 6:00am Jul 9, 2019 6:00am
Quoting Okpala1988
{quote} That is speculation market for you. We don't know what will happen, we only make educated guess.
Well I NZDUSD was in a take profit area for a pattern and it looks bullish on higher time frames so I was going to get out soon anyway. Had moved stops up which I hate doing so rather than getting stopped for smaller profits I took my profit
ex nihilo
  • #2,971
  • Jul 9, 2019 6:01am Jul 9, 2019 6:01am
Quoting Oc6oph
{quote} Well I NZDUSD was in a take profit area for a pattern and it looks bullish on higher time frames so I was going to get out soon anyway. Had moved stops up which I hate doing so rather than getting stopped for smaller profits I took my profit
okay
  • #2,972
  • Jul 9, 2019 6:39am Jul 9, 2019 6:39am
Quoting bigiivan
{quote} Obviously I sold a little early. But I still think it has to correct down. There is a thing like "overbought". DX chart confirmed it. Time will prove if I am wrong.
Got it. No such a thing in trading overbought or oversold.

8:45amUSD
Fed Chair Powell Speaks

There is news coming so i will wait for that.
  • #2,973
  • Jul 9, 2019 6:48am Jul 9, 2019 6:48am
Quoting Jp1
{quote} Gbp looks like its trying to head for that 2 year low, 1.24348
Almost there - will probably see a reaction from that level
  • #2,974
  • Jul 9, 2019 7:04am Jul 9, 2019 7:04am
Add long GBPUSD 24486
ex nihilo
  • #2,975
  • Jul 9, 2019 7:05am Jul 9, 2019 7:05am
Closed NZDCAD -11 and -5.5
ex nihilo
  • #2,976
  • Jul 9, 2019 7:11am Jul 9, 2019 7:11am
Hopefully we’re in the wick of a big green candle
ex nihilo
  • #2,977
  • Jul 9, 2019 10:57am Jul 9, 2019 10:57am
Quoting Techanalyst
{quote} Got it. No such a thing in trading overbought or oversold. 8:45amUSD Fed Chair Powell Speaks There is news coming so i will wait for that.
EA near possibly forming right shoulder going to wait to short maybe short 6230 to 5780
ex nihilo
  • #2,978
  • Jul 9, 2019 12:01pm Jul 9, 2019 12:01pm
Going to get lunch
ex nihilo
  • #2,979
  • Jul 9, 2019 12:22pm Jul 9, 2019 12:22pm
Long EURUSD 1.1214
ex nihilo
  • #2,980
  • Jul 9, 2019 12:38pm Jul 9, 2019 12:38pm
GJ H4 thoughts would like to see Gartley pb 61.8 with pin or engolfer back through 50% for entry short. many dont set up just watching for now.
Chart with possible forecast.

Attached Image (click to enlarge)
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