maybe rejection from yesterday 50% FIB
1H Chart
1H Chart
Attached Image
3
- #94,982
- Sep 17, 2019 8:57am Sep 17, 2019 8:57am
- Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts
- #94,984
- Sep 17, 2019 9:21am Sep 17, 2019 9:21am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Risk comes from not knowing what to do
- #94,985
- Sep 17, 2019 9:22am Sep 17, 2019 9:22am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
Trade to trade another day
- #94,986
- Sep 17, 2019 9:45am Sep 17, 2019 9:45am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
If you don't know how to earn money, don't loose it.
- #94,988
- Sep 17, 2019 9:49am Sep 17, 2019 9:49am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
Pending order...
sell limit placed at 1.1060
sell limit placed at 1.1060
If you don't know how to earn money, don't loose it.
- #94,990
- Sep 17, 2019 10:31am Sep 17, 2019 10:31am
- Joined Mar 2012 | Status: Trader | 1,982 Posts
I knew this would happen but did my usual placing stop at B/E and it barely got triggered, $700 opportunity cost 
Really hope it goes down again for another opportunity, the 4h looks magnificent, but as you see it is at/approaching various resistance.
4h
Note, I'm starting to use tradingview for 4h and daily charts, because IG will just never build the feature allowing me to chart in London or NY timezones.
Really hope it goes down again for another opportunity, the 4h looks magnificent, but as you see it is at/approaching various resistance.
4h
Note, I'm starting to use tradingview for 4h and daily charts, because IG will just never build the feature allowing me to chart in London or NY timezones.
- #94,993
- Sep 17, 2019 10:38am Sep 17, 2019 10:38am
- Joined May 2011 | Status: Trader | 1,577 Posts
{quote} Sweet deal. Got shorty at 1.1040 and had an open cover at 1.0938 while on holiday. Wish it had been big lots but i trade small when not around a quote machine! Just reopened short at 1.1066, not able to post chart, I will be building this position as I believe some EUR weakness in coming months up to New years. cycles
Have t/p at 1.0966 was not hit. Still waiting.
Stop above 1.1166.
Ecclesiastes 1:9
- #94,994
- Sep 17, 2019 10:54am Sep 17, 2019 10:54am
- Joined Mar 2012 | Status: Trader | 1,982 Posts
Well this is just depressing, nothing worse than being right and missing your opportunity 
Cannot go long now, it would just be against my simple rules of not doing the dumb.
Cannot go long now, it would just be against my simple rules of not doing the dumb.
- #94,997
- Sep 17, 2019 11:17am Sep 17, 2019 11:17am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
at M15, just above resistance line 1.10603 (my sell limit), price made a kind of bar that i call a NO DEMAND.
"No Demand bars, are up bars, closing in the middle or lows, with narrow body, volume lower than the previous two bars."
Standard entry would be at the break down of the "No Demand" bar.
IF it was not the end of london session, i would have take short here, since i'm out (made my day already), i would not take it because it's M15 TF and it might purely mean that activity is fading.
Tomorrow is another day!
"No Demand bars, are up bars, closing in the middle or lows, with narrow body, volume lower than the previous two bars."
Standard entry would be at the break down of the "No Demand" bar.
IF it was not the end of london session, i would have take short here, since i'm out (made my day already), i would not take it because it's M15 TF and it might purely mean that activity is fading.
Tomorrow is another day!
If you don't know how to earn money, don't loose it.
- #95,000
- Sep 17, 2019 11:33am Sep 17, 2019 11:33am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
If you don't know how to earn money, don't loose it.