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  • #96,421
  • Oct 16, 2019 7:34am Oct 16, 2019 7:34am
Outer degree wave 6 down
Inside 6 down we're in sub wave 7 down
inside sub wave 7 we going up into evil wave 6 fake out.
which sets up crazy 150 pip sub sub 7 down to target...

1055 to 1.09 probable.
It's probably done up sell sell. core projection reached. Stops above 1055.
Founder of Sutherland Wave Principle
  • #96,422
  • Edited 8:03am Oct 16, 2019 7:39am | Edited 8:03am
Quoting Mitiblotch
{quote} You know there is no need for us to rush. This pair goes nowhere fast. If and when the direction becomes certain we would hsve many opportunities to jump in. Right now I am just watching. If I don't get a good trade I'll pass and I can always make up for it. That's better than being trapped. US data will soon come in and that may cause spikes either way.
And the spike is here. I am never comfortable selling this thing if London didn't at least touch or break the Asia high prior to falling. Now you can see why with all these spikes here and there. Well, I bought that 1025 few minutes to the data because I felt the recently softening data may also mean this one is also weak.
  • #96,423
  • Oct 16, 2019 7:50am Oct 16, 2019 7:50am
The ending diagonal is there at the top of the spike I can hear the fat lady.
Founder of Sutherland Wave Principle
  • #96,424
  • Oct 16, 2019 8:10am Oct 16, 2019 8:10am
It's formed a larger ending diagonal in higher degree.
Founder of Sutherland Wave Principle
  • #96,425
  • Oct 16, 2019 9:06am Oct 16, 2019 9:06am
channel is open 10680 (maybe more)but divergence H4 down.H4 goes up by indicator.H1 wants down by indicator.I dont know when but 10680 eur touch.if eur touch 10680 by indicatot H4 divergence.
  • #96,426
  • Oct 16, 2019 9:09am Oct 16, 2019 9:09am
Quoting Mitiblotch
{quote} Thank you. I am not really believing this price action. At the end of the day somebody might go touch and break that current high of 1.1059. I just hate it when London doesn't touch/ spike out the Asia/Frankfurt high before going down. Usually, price goes back up there
Exactly. We are just right there.
  • #96,427
  • Oct 16, 2019 9:10am Oct 16, 2019 9:10am
EU going UP

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TMT Scalping System (Best system on FF)
  • #96,428
  • Oct 16, 2019 9:13am Oct 16, 2019 9:13am
bulls power
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  • #96,429
  • Oct 16, 2019 9:35am Oct 16, 2019 9:35am
Closed my 1025 buy at 1048. Now short 1045. SL 1.1100. TP: Open.
  • #96,430
  • Oct 16, 2019 10:09am Oct 16, 2019 10:09am
Tired of this 30 pip range
  • #96,431
  • Oct 16, 2019 10:26am Oct 16, 2019 10:26am
Quoting Maroc-Ismail
Tired of this 30 pip range
Then you are trading the wrong currency pair
  • #96,432
  • Edited 10:48am Oct 16, 2019 10:38am | Edited 10:48am
Quoting Mitiblotch
Closed my 1025 buy at 1048. Now short 1045. SL 1.1100. TP: Open.
Decided to close this at 1.1064. Isn't it interesting how price plays with us and delays as though it won't move and then slowly but surely breaks upwards?
  • #96,433
  • Oct 16, 2019 10:41am Oct 16, 2019 10:41am
Quoting Mitiblotch
{quote} Decided to close this at 1.1064. Isn't it interesting how pricr play with us and delays as though it won't move and then slowly but surely breaks upwards?
I did the same and now realize that if I had looked at the 4H, I would have seen that a breakout was in progress. Lesson: Never ignore the need to look at high time frames
  • #96,434
  • Edited 11:13am Oct 16, 2019 10:57am | Edited 11:13am
Quoting Wavegarrick
{quote} Hi Guys, Managed to get in a bit lower today. Very important is to get a new weekly high, least to say a daily close above 1.1050 will be good for bulls. Still iffy at the moment. However, all trades locked in and price must do what is has to. Have a great week. Cheers {image}
Hi Guys,

I have moved my protective stops up today barring my first trade which I would like to keep as long as possible. My weekly resistance 1 at 1.10803 beckoning. I do hope that bulls can get a daily close above 1.1050 as we do have a new weekly high. My next round number 1.11000 could be tested in due course. All in all positive signs for bulls, however I don't discount a retrace, correction on reversal thursday. I could enter into short scalps here, will assess tomorrow.

Trade safe
Cheers.
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Trade to trade another day
  • #96,435
  • Edited 11:53am Oct 16, 2019 11:10am | Edited 11:53am
I think simple. For me half and round numbers are what counts.

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Edit: Seems we go to 1.11 before news take over and we going to south. We will see.
Perfection is the enemy of good enough!
  • #96,436
  • Oct 16, 2019 11:43am Oct 16, 2019 11:43am
Cannot ignore this weekly number. Short 1.1080. SL for now above 1.11. Just want to play the daily closing game. Let's see where we close.
  • #96,437
  • Oct 16, 2019 11:57am Oct 16, 2019 11:57am
Quoting khany
{image} Seems bullish... Say hello to 1.1086
Mission accomplished...
  • #96,438
  • Oct 16, 2019 12:12pm Oct 16, 2019 12:12pm
Quoting raju0189
{quote} SL-BE
Raju, I was totally wrong. I hope you made pips of this move!
Keep in that way, bro!
  • #96,439
  • Oct 16, 2019 12:53pm Oct 16, 2019 12:53pm
From tomorrow,sell the high
Risk comes from not knowing what to do
  • #96,440
  • Oct 16, 2019 1:11pm Oct 16, 2019 1:11pm
Quoting Austyno
From tomorrow,sell the high
Do you expect 1.1140?
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