EURUSD only

Closed 4 now.

Is it the time 2 retrace ?

Pending Orders 4 Long Can be activated again.

We have a good member of the FF family on the other EURUSD thread named Suthmo, and he always mentions the 88.6% fib levels, anyways I just wanted to mention him. He also is so philosophical that he can drive you mad. anyways

Enjoy the figure.

Cmon EU bears give us your steaks.

Thanks,

WHERE IS YOUR 1.1116 NOW

I don't see any reaction fomc

You might be lucky with your sell trade but I prefer to buy dips only! Why? Because bulls might continue to push further without much retrace (Scenario A).. and in case bear want to retest previous lows potential support zone is very near anyway.. So I don't see it as profitable to sell here.. I probably will enter the long train again with next Dashed-RED touch (Scenario-B).. Good luck to you!

Stay Green

be very weary of eur pairs. we could be seeing a selloff similar to the one in 2014h2 as db writes off all its eur bad derivatives. i would personally stay out of euros if vix and mom volume doesnt pick up.

Thanks Ata

Don't forget that I'm Bullish too !

But 1.12633 can be end of bullish wave 1

and while it's going toward end of bearish wave 2

Our pending orders toward end of bullish wave 3 can be activated

anyway thanks again ( teshekkor lar ) & good luck

Hi Everyone,

Just want to thank Ata, Amir and many others for sharing their views and analysis. Its always good to read different perspectives.

Keep up the good work guys.

it depend on why trader do the analyze? to predict the future, or to minimize the risk?

if trader analyze the chart to predict the future, there's only 2 result: WIN or LOSE

All shorts tp 1.1227...buy limit 1.1226 tp 1.1320

Momentum is high today. Waiting for more moves tomorrow.

I can’t understand why people get off the board very quickly. Dear of 200 ema on H4? We will have a small shake off on that level. But don’t worry. Buy dips and hold until 1.15

Daily S/R Levels for Thursday

Since there is 15 minutes left for my broker's daily candle close I can already share S/R levels for tomorrow.. I marked my focus area on chart so you can see the maximum potential range.

1. Nearest support zone sits roughly at 1.1211/24 area.. It is a good area to buy in case price drops down that far..
2. Nearest resistance starts at 1.1290 and might be limited at 1.1310 for tomorrow. Friday will be a total different story..

I hope it gives you an idea..

Stay Green

Looking at weekly looks like we may see 1.1450

I bet ecb has no guts to cut into negative rates this year. Just look at Japan, being at -0.1% for 15 years! Cutting rates can not save eruo economy and at the same time, trump and fed is watching their decision closely. So if you hear any news about cutting rates from euro side, that’s your chance to get on board.

The bull is still very young. Let us see what can stop out bull army.

Hi Pagh, I was totally wiped off out of trading last year. Im back again, this time with better understanding. You were right telling me i have bad mentality. I fully understand now what you tried to say. I am sorry for being arrogant to you. Like you said, i was in a bad state of mind. I am learning and appreciate now your legitimate advice. I remebered you said, one day i will understand some point in time. And now is the time. I thank you for that. And again, my sincere apology. =Pagh;11627582]{quote} Yes i know newbie/novice situations, i am basicly one myself. And yes, you should try n learn from veterans and their past mistake, but there is one problem - they basicly all use different systems and have different biases. You are taking what i said totally out of context, and i dont know why it makes you so upset lmao. What works and what dosent you wont learn from a forum - partly yes, but in the end its about the individual. Sure you can follow for example Ata's system, which i encourage and think you should, but it wont matter jack shit if you lets say dont have the mentality. This is something you have to develop for yourself. And developing the skill and gaining the experience to create your own personal bias to trade towards is much better than going in here everytime you need to hear someone elses opinion - cause there are hundreds of different ones. I personally took some time off this thread cause i tended to become uncomfortable with my long positions if i saw a bunch of people with alot of posts and red diamond state that they were selling, and vise versa. But trading is a game of probabilities, and everyone are wrong every once in a while - most probably alot, so just because they post a trade that is opposite what you did, dosent mean that your trade is wrong. Its called trading towards your own bias, and that will teach you alot more in the long run if you are willing to study, stick to a system and review your trades in the weekends(in my opinion) Why would i be jealous that you get to learn here faster and skip the methos that dosent work? you wont get that experience here on a forum, its something you have to experience urself, and feel potential burns. I, like you, could do exactly the same and take advice from here if i were jealous, theres nothing stopping me. I dont say u shouldnt take advice and learn from the people here, im just saying its all theory. You have to experience the ups and downs to fully understand whats going on around you in the markets. Already at this point, the way you take my reply completely out of context indicates to me already that you have a bad mentality, and hearing something realistic that you dont like makes you panic and angry. You are making me sound like the bad guy, even tho my "advice" if you will is totally legitimate and im sure you will understand my point at some point in time.[/quote]

M15 still up

Out + 70 pips.
Bulls will appear later again.

On h4 now touches the upper band. Hold on and we will have a shake off for several 4hours.