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EURUSD only

  • #98,621
  • Dec 4, 2019 7:40am Dec 4, 2019 7:40am
last hr of the 4hr
  • #98,622
  • Dec 4, 2019 7:43am Dec 4, 2019 7:43am
Quoting Tslj.sg
{quote} Buy limit activated and live now SL 1.1055 ( 15 pips) TP : as previously stated Now EU please do the range bound ….targeting 50 pips in the bank
now sell1.10950
SL 15 pips
TP open
tslj
  • #98,623
  • Dec 4, 2019 7:59am Dec 4, 2019 7:59am
Quoting Tslj.sg
{quote} now sell1.10950 SL 15 pips TP open
why ?
Not losing money is almost good as making money
  • #98,624
  • Dec 4, 2019 8:02am Dec 4, 2019 8:02am
Quoting Wavegarrick
{quote} Hi Guys, My buy trade from yesterday locked in and almost taken out with my 10 pip stop loss today. We have a new daily high. I don't discount a test of 1.11000 at this stage and possibly a bit above to take out the swing high of November this year before we see a retrace. or who knows?, even a swing reversal. All my trades are locked in and I will take it as it comes. I do know that tomorrow could be a test for a new high and possible reversal on thursday. I will post my trade when I see a short trade or a swing reversal, I am more comfortable...
Hi Guys,

November high broken and importantly for me the round number 1.11000. Important levels up ahead from 1.11146 ish up to my all important descending trend line from June this year.

Patience once again has been important to trade this pair.

Trade safe,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_345.png Size: 87 KB
Trade to trade another day
  • #98,625
  • Dec 4, 2019 8:03am Dec 4, 2019 8:03am
I have arrived at my target at 1.1105 area.. I will be on sidelines for a while..

Stay Green
Focus only on what truly matters!
  • #98,626
  • Dec 4, 2019 8:09am Dec 4, 2019 8:09am
Top should be at 1.11095. Now down to 1.10 . That if it does not break out of 1.1110 - then I assume next resistance is at 1.11500
  • #98,627
  • Dec 4, 2019 8:16am Dec 4, 2019 8:16am
We hit 1.1101/06 area I did not expect to reach there today because yesterday movement. The pullback could be too small. At my view if we do not see 1.1070 today again that will be a BIG OUCH! for bears..
Don't believe me just watch!
  • #98,628
  • Dec 4, 2019 8:22am Dec 4, 2019 8:22am
Quoting LCForex
We hit 1.1101/06 area I did not expect to reach there today because yesterday movement. The pullback could be too small. At my view if we do not see 1.1070 today again that will be a BIG OUCH! for bears..
Agreed. Everything you need to know is in this post.
  • #98,629
  • Dec 4, 2019 8:23am Dec 4, 2019 8:23am
Quoting gatenio
we might see more up movement for wave number 5 before some reverse {image}
my yesterday chart, in case wave 5 is over now, and this is the daily trend stop.

i can see only down move from here
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  • #98,630
  • Dec 4, 2019 8:44am Dec 4, 2019 8:44am
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,238 Posts | Online Now
Time to sell
Risk comes from not knowing what to do
  • #98,631
  • Dec 4, 2019 8:49am Dec 4, 2019 8:49am
It breaks 1.1097 , now target 1.1170 zone.
But under 1.1066 , pair will delay bulish
  • #98,632
  • Dec 4, 2019 9:05am Dec 4, 2019 9:05am
1.1084 VERY important to breakdown and hold. This is it. pullback to 1.1050 or Huge continuation higher
Don't believe me just watch!
  • #98,633
  • Dec 4, 2019 9:05am Dec 4, 2019 9:05am
I started short this week at 1.1069. Price currently against me about 40 pips but only .1 lot so far. I am not sure if I will add additional lots or cut the position as tomorrow most likely will be super slow as NFP on Friday.

Stop above 1.1179
Target 1.0990
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 87 KB
Ecclesiastes 1:9
  • #98,634
  • Dec 4, 2019 9:15am Dec 4, 2019 9:15am
Quoting gatenio
{quote} my yesterday chart, in case wave 5 is over now, and this is the daily trend stop. i can see only down move from here {image}
You deserve a huge kudos. Your trend line stopped price to the pip. Good job!
  • #98,635
  • Dec 4, 2019 9:17am Dec 4, 2019 9:17am
PA it shows only one direction, UP
  • #98,636
  • Dec 4, 2019 9:20am Dec 4, 2019 9:20am
Quoting Breza
PA it shows only one direction, UP
Gonna have to disagree. Unfortunately I need to sleep this has been a great night. Looking for tps 1.108, 1.107, and then hopefully lower.

Also had my first real slippage in ages, just 4 pips but cost me $147.
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  • #98,637
  • Dec 4, 2019 9:21am Dec 4, 2019 9:21am
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,238 Posts | Online Now
Quoting Austyno
Time to sell
Target 1.10600 area
Risk comes from not knowing what to do
  • #98,638
  • Dec 4, 2019 10:26am Dec 4, 2019 10:26am
Buy trade opened at 1.10889. Stop loss 20 pips.

Cheers.
Trade to trade another day
  • #98,639
  • Dec 4, 2019 10:54am Dec 4, 2019 10:54am
Quoting LCForex
We hit 1.1101/06 area I did not expect to reach there today because yesterday movement. The pullback could be too small. At my view if we do not see 1.1070 today again that will be a BIG OUCH! for bears..
Shorts Closed. Nice Pullback to 1.1070. Bears breath!
Don't believe me just watch!
  • #98,640
  • Dec 4, 2019 11:35am Dec 4, 2019 11:35am
H1 Status Update

For my followers: As anticipated, bulls took a pause after hitting 1.1105 area and here we are back below GREEN line mostly because of bearish MACD divergence.

  1. Since we still have support around 1.10675 I prefer to wait until I see a climb back above most current Dashed-RED line.
  2. If no climb back occurs it means we can switch to selling touches to Dashed-BLUE as usual until price hits and gets support from one of the previous Dashed-RED trendlines.
  3. Long story short: With current situation in mind it is best to either short scalp swing highs or to just wait for candles to climb back above GREEN before going long again. Keep in mind that MACD still favors bulls.

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-EF-System.png Size: 30 KB
Focus only on what truly matters!
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