The unwinding continues.
no where to buy anything. Keep on dropping.
no where to buy anything. Keep on dropping.
- #1,159,982
- Sep 23, 2019 2:56am Sep 23, 2019 2:56am
- | Joined Feb 2018 | Status: Trader | 1,276 Posts
The unwinding continues. no where to buy anything. Keep on dropping.
swing trade is suck
- #1,159,983
- Sep 23, 2019 3:03am Sep 23, 2019 3:03am
For real mehn. Respect the trend. I placed EU on a buy and lost 49pips 
- #1,159,986
- Sep 23, 2019 4:37am Sep 23, 2019 4:37am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #1,159,988
- Sep 23, 2019 4:39am Sep 23, 2019 4:39am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #1,159,989
- Sep 23, 2019 5:03am Sep 23, 2019 5:03am
- Joined Mar 2012 | Status: Harmonic Trader | 951 Posts
{image}
Patterns have an underlying mathematical structure.
- #1,159,990
- Sep 23, 2019 7:23am Sep 23, 2019 7:23am
- Joined Mar 2012 | Status: Harmonic Trader | 951 Posts
{image}
Patterns have an underlying mathematical structure.
- #1,159,994
- Edited 10:48am Sep 23, 2019 9:47am | Edited 10:48am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #1,159,995
- Sep 23, 2019 10:21am Sep 23, 2019 10:21am
- | Joined Dec 2014 | Status: Trader | 84 Posts
If you are tracking the EURUSD market this week, consider this technical perspective. Recent price action on the daily time frame is rather choppy but the major technical outlook is bearish. Therefore, a feasible sell trade would need to await a significant northward pullback, perhaps to the 1.11380 area or the resistance trendline of the falling wedge (blue) seen on the weekly time frame. I may be wrong. Trade safe and prosper. KP {image}
I think you are right, just a little too cautious. 1.11380 is 100 pips higher than the current 8 day moving average. EURUSD has not managed to get 100 pips above that average since August of 2018. And it only hit that level three times in 2018. Certainly, if if does hit that level, I would be in heavily short.
Since July 1st, EURUSD has only managed to get 60 pips above the 8 day moving average three times and only one of those times did it actually keep that distance for more than just moments. Thus, a good move to the north should eventually come, but it will most likely get back below the 8 day moving average before heading clear to 1.11380.
I am still holding short from 1.10621 entered Friday 20-SEP when price poked 20 pips above the 8 day moving average striking my limit sell. I took some profits back off at 1.10028 on Friday and 1.09827 this morning. My remaining position has my stop loss at 1.1039 (the current 8 day moving average level). And I'll take more profits out at 1.09580 and 1.09380, below that we are in territory not seen since September 2017.
I would take a new small short at 1.1580 and get in heavy at 1.10980 (60 pips above the 8 day average).
I think a good move to the north like the one in August is likely, but it can be profitably traded with shorts entered in the 1.10580 to 1.11380 range.
- #1,159,996
- Sep 23, 2019 2:34pm Sep 23, 2019 2:34pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} I check all account on your trade explorer, there's no open trades. Hmm.. Just 8 slot? So, how you can manage all of your live accounts? I don't care about demo account, I think demo account it's like a child's toy. Anyway, happy weekend.. Have a life.. Real life to enjoy..
BTW I think the post is enough, timestamped and all... If you would really insist, I can show TE, after, temporary (replaced one slot temp..).
Can you afford to take that chance?
- #1,159,997
- Sep 24, 2019 3:07am Sep 24, 2019 3:07am
- | Joined Feb 2018 | Status: Trader | 1,276 Posts
15 PipRANGE LAST 24 HOURS?* WTF?
- #1,160,000
- Sep 24, 2019 3:47am Sep 24, 2019 3:47am
- Joined Nov 2018 | Status: Trader | 4,643 Posts
ex nihilo