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  • #98,681
  • Dec 6, 2019 3:10am Dec 6, 2019 3:10am
Meanwhile on Daily

I shared this chart earlier.. Now, if we assume that wave 2 (or B) is complete, we must be inside a wave 3 (or C) and therefore I expect more upside. BUT... my magnetic resistance line sitting at 1.1122 can create trouble, so we must be aware that it will not be easy for bulls already facing resistance at 1.11077 area.. It is a bumpy road..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-Daily-ElliottWave.png Size: 33 KB
Focus only on what truly matters!
  • #98,682
  • Dec 6, 2019 3:39am Dec 6, 2019 3:39am
Quoting Mitiblotch
{quote} Once EU starts forming daily bearish dojis it usually falls. I am secretely hoping for near 1109 today so I can sell it for about 25pips. Tomorrow I expect a spike on NFP to maximum of 1120 and then dump again to smash 1055.
Well I got my 1.1109. I also kept a pending at 1.1120 just in case. Today those upper echelon bulls will learn it the hard way. 1.105x is my first TP.
  • #98,683
  • Dec 6, 2019 5:02am Dec 6, 2019 5:02am
Quoting Mitiblotch
{quote} Well I got my 1.1109. I also kept a pending at 1.1120 just in case. Today those upper echelon bulls will learn it the hard way. 1.105x is my first TP.
I also have a buy limit @ 1.10579, incase we get there tp @ 1.1122x... Although my tp for my sell is early(edited to 1.10742) because of 30 ema on 4hrs which is a threat and also an up trend line from the two previous lows
Risk comes from not knowing what to do
  • #98,684
  • Dec 6, 2019 5:37am Dec 6, 2019 5:37am
Which way do you think NFP will go?
Positive or negative?
  • #98,685
  • Dec 6, 2019 5:56am Dec 6, 2019 5:56am
Bears need an hour close below 1,10925. If that happens, then the direction is set. I have pending shorts at 1,1115 and 1,1127.

Trade safe today folks
  • #98,686
  • Dec 6, 2019 6:09am Dec 6, 2019 6:09am
Quoting Austyno
{quote} I also have a buy limit @ 1.10579, incase we get there tp @ 1.1122x... Although my tp for my sell is early(edited to 1.10742) because of 30 ema on 4hrs which is a threat and also an up trend line from the two previous lows
Okay. Let's see what it brings.
  • #98,687
  • Dec 6, 2019 7:15am Dec 6, 2019 7:15am
DIN DIN DIN!!! Make your bets!!! NFP green or red?
Don't believe me just watch!
  • #98,688
  • Dec 6, 2019 7:16am Dec 6, 2019 7:16am
Based on 4hrs, i think, market might see a tail on the on the down side. I think even if we get stronger number, i think, it still wont be enough for the market to move down to 1.1030 or more down. I will look for the lower lows to buy not just today but also following week.
  • #98,689
  • Dec 6, 2019 7:25am Dec 6, 2019 7:25am
first 1.1081 then up
Attached Image
  • #98,690
  • Dec 6, 2019 7:26am Dec 6, 2019 7:26am
big big bear flag build up yesterday. Think it might still play out after stops taken out
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 6 Dec 2019.png Size: 53 KB
Trade it as it lies
  • #98,691
  • Dec 6, 2019 7:31am Dec 6, 2019 7:31am
Quoting Austyno
Sell limit @ 1.11068 Sl 30 pips Tp 1.10711
Tp hit
Risk comes from not knowing what to do
  • #98,692
  • Dec 6, 2019 7:33am Dec 6, 2019 7:33am
Quoting bigiivan
{quote} Or first we need to fall for a while.
Nice!!!
  • #98,693
  • Dec 6, 2019 7:38am Dec 6, 2019 7:38am
Buy limit @ 1.10579
Sl 30 pips
Tp @ 1.11228
Risk comes from not knowing what to do
  • #98,694
  • Dec 6, 2019 7:40am Dec 6, 2019 7:40am
Quoting Austyno
Buy limit @ 1.10579 Sl 30 pips Tp @ 1.11228
Option expired today targetting to 1.10400..i think it's wisely to buy around 1.10330 - 1.10400 area..just suggestions also I could be wrong mate..

Trade safe.
  • #98,695
  • Dec 6, 2019 7:44am Dec 6, 2019 7:44am
Quoting hans91
{quote} Option expired today targetting to 1.10400..i think it's wisely to buy around 1.10330 - 1.10400 area..just suggestions also I could be wrong mate.. Trade safe.
I don't think we are getting there today
Risk comes from not knowing what to do
  • #98,696
  • Dec 6, 2019 7:48am Dec 6, 2019 7:48am
lets go bull
Not losing money is almost good as making money
  • #98,697
  • Dec 6, 2019 7:59am Dec 6, 2019 7:59am
1.10770 again short
  • #98,698
  • Dec 6, 2019 8:07am Dec 6, 2019 8:07am
Supports
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 195 KB
Don't believe me just watch!
  • #98,699
  • Dec 6, 2019 8:29am Dec 6, 2019 8:29am
5min
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 195 KB
Don't believe me just watch!
  • #98,700
  • Dec 6, 2019 8:29am Dec 6, 2019 8:29am
Quoting Mitiblotch
{quote} Once EU starts forming daily bearish dojis it usually falls. I am secretely hoping for near 1109 today so I can sell it for about 25pips. Tomorrow I expect a spike on NFP to maximum of 1120 and then dump again to smash 1055.
Prophecy brother! Lol...

Quoting Mitiblotch
{quote} Well I got my 1.1109. I also kept a pending at 1.1120 just in case. Today those upper echelon bulls will learn it the hard way. 1.105x is my first TP.
Getting there gradually. Selling till end of day!
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