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  • #97,441
  • Nov 5, 2019 9:03am Nov 5, 2019 9:03am
Quoting Tenfold410
H4 keeps hitting a wall around 1.1170 area. Short @ 1.1169 and 1.1167, SL is if H4 breaks and locks above 1.1174. TP Open.
Still holding with added shorts. Probably will the rest of the month. Depends if H4 shows promising bullish change.
  • #97,442
  • Edited 9:22am Nov 5, 2019 9:05am | Edited 9:22am
Quoting gatenio
{quote} anyway you TP seems to be kind of illusion right now. are you in to paying swap all the way?
yes gatenio , not illusion coz this is not game for me but 1st line source for my living . I may be wrong not in one point but several points.
but money matters most and above many for me . I am very serious for every pips. So cant afford to pay swap every time, but a little bit of risk is required for trading
full safety is only if I dont trade.
reason for this trade is 1 hour triangular formation. 2nd on the daily chart market is up . 3rd if it hit below 1070 will invalidate triagle move . 4 if it hit 1.1060 more down side will be confirmed. 4th retracement is part of trading .

considering all points I am rishing 12 $ for want of 30$ deal is not so bad one more point if this trade fails the other trade will recover my money even if i cant predict the move
Attached Image (click to enlarge)
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Neither a Bro Nor a Pro I am I
  • #97,443
  • Nov 5, 2019 9:06am Nov 5, 2019 9:06am
Caught that!!!!
  • #97,444
  • Nov 5, 2019 9:11am Nov 5, 2019 9:11am
Quoting satish37
{quote} yes gatenio , not illusion coz this is not game for me but 1st line source for my living . I may be wrong not in one point but several points. but money matters most and above many for me . I am very serious for every pips. So cant afford to pay swap every time, but a little bit of risk is required for trading full safety is only if I dont trade. reason for this trade is 1 hour triangular formation. 2nd on the daily chart market is up . 3rd if it hit below 1070 will invalidate triagle move . 4 if it hit 1.1060 more down side will be confirmed....
my friend, i don't say that the trade is wrong, even tough it's dropping atm

but 1.136? in this trading days? for me is unreal right now.

edit:
hope it will recover for you soon,
  • #97,445
  • Nov 5, 2019 9:14am Nov 5, 2019 9:14am
This last hour is critical for me. We broke some good support but will H4 lock beneath it going to the next floor?
  • #97,446
  • Nov 5, 2019 9:19am Nov 5, 2019 9:19am
It seems downward move completed
Attached Image
  • #97,447
  • Nov 5, 2019 9:20am Nov 5, 2019 9:20am
... https://www.forexfactory.com/showthr...0#post12590810
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  • #97,448
  • Nov 5, 2019 9:22am Nov 5, 2019 9:22am
Quoting AbbasRizvi
It seems downward move completed {image}

make sense

ADR is 72
  • #97,449
  • Nov 5, 2019 9:24am Nov 5, 2019 9:24am
I didn't like the monthly closing for buying at eur / usd take care guys. time will tell.
  • #97,450
  • Nov 5, 2019 9:30am Nov 5, 2019 9:30am
If today closing under 1.1062 , eur is down.. Just watch daily close
  • #97,451
  • Nov 5, 2019 9:36am Nov 5, 2019 9:36am
finally I see retail sentiment is turning bullish, that's great!!!
  • #97,452
  • Nov 5, 2019 9:42am Nov 5, 2019 9:42am
Bulls are finished, believe me. Wait for the pullback tomorrow, and get rid of your longs. Bears took over again.
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  • #97,453
  • Nov 5, 2019 9:47am Nov 5, 2019 9:47am
Quoting Maroc-Ismail
Two days ago I screamed to stay bullish until I've seen some signs. Well, these are not signs for a reversal, but I surely keep an eye on this. The daily chart below shows a beautiful M pattern, as clear as you want it. Besides, I also see a potential Cup&Handle pattern forming. If this works out... Ohhh menn Edit: Goodmorning to you all, I wish you many green pips this month {image}
As I said, M pattern was huge and I couldn't ignore it. Now you have signs for a reversal.
  • #97,454
  • Nov 5, 2019 9:52am Nov 5, 2019 9:52am
Quoting Maroc-Ismail
{quote} As I said, M pattern was huge and I couldn't ignore it. Now you have signs for a reversal.
Very huge M I could tell, nice
  • #97,455
  • Nov 5, 2019 9:53am Nov 5, 2019 9:53am
Stop if eu close below 1.1066
Attached Image
  • #97,456
  • Nov 5, 2019 10:00am Nov 5, 2019 10:00am
Bought 1,1072 sl: 10 pips. tp: around 1,1099, this is also the place where I will close all my longs. Expect to reach it tomorrow.
  • #97,457
  • Nov 5, 2019 10:01am Nov 5, 2019 10:01am
Quoting gatenio
{quote} my friend, i don't say that the trade is wrong, even tough it's dropping atm but 1.136? in this trading days? for me is unreal right now. edit: hope it will recover for you soon,

Formula adopted was :-

1. Wave counts at present it is w x complete y to start

2 . MACD, stoch , CCI. and MA

3. As shown in fig as per indicator

4. If it not recover than bad luck for this trade
Attached Image (click to enlarge)
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Neither a Bro Nor a Pro I am I
  • #97,458
  • Nov 5, 2019 10:04am Nov 5, 2019 10:04am
Only my view.I think this is correction this is so fast,after fast rise.
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  • #97,459
  • Nov 5, 2019 10:05am Nov 5, 2019 10:05am
What makes you all want to BUY? There hasn't been a bullish candle (H1) for 8 hours?
  • #97,460
  • Edited 10:28am Nov 5, 2019 10:08am | Edited 10:28am
Quoting Tenfold410
What makes you all want to BUY? There hasn't been a bullish candle (H1) for 8 hours?
Just a zone of support bro. Look at the candles and the volume today. I don't see price break 1,1170 today. So I am buying the small retracement up, and afterwards i'll load a sh*t ton of shorts. If you are trading the long term, then I would say: Stick to those shorts!
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