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  • #98,741
  • Dec 9, 2019 4:39am Dec 9, 2019 4:39am
Quoting Starcraftmaz
Double top on hourly and it's moving down (ie. M formation), prepare for drop.
Looks to be the case; I am expecting a substantial drop in EUR/USD (bearish divergence) but USD seems to be very sluggish.
  • #98,742
  • Dec 9, 2019 4:49am Dec 9, 2019 4:49am
Price is very close to H1 Dashed-BLUE touch.. but I guarantee we will have loads of time to sell.. No rush!

*Edit: touch just happened at 1.1074

Stay Green
Focus only on what truly matters!
  • #98,743
  • Dec 9, 2019 5:41am Dec 9, 2019 5:41am
Quoting Dingoman-two
{quote} 1.10785 / 1.10815 areas could be the points, were a reversal could take place in this 30 point range, my friend.
correct 1078/1086 looks more plausible now
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  • #98,744
  • Edited 6:05am Dec 9, 2019 5:49am | Edited 6:05am
Quoting PatienceFx
{quote} correct 1078/1086 looks more plausible now {image}
It looks as if it may not hold were it is at, bulls are still pushing it up,
We may see a spike to 1.10819 area then possibly a huge drop.



Time will tell folks so please trade wisely
  • #98,745
  • Dec 9, 2019 7:43am Dec 9, 2019 7:43am
Possible scenario. Watch those horizontal lines
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  • #98,746
  • Dec 9, 2019 8:05am Dec 9, 2019 8:05am
Good Morning Kids!

I got 1.1080/85 as resistance and 1.1060 as support. Looking 1.1175 nearterm.
Don't believe me just watch!
  • #98,747
  • Dec 9, 2019 8:43am Dec 9, 2019 8:43am
pending sell @1.1082

SL and TP will be moved manually. This is based on 4rs
  • #98,748
  • Dec 9, 2019 8:45am Dec 9, 2019 8:45am
If I see that 1.1060 area begins to support stubbornly I could abort my sell plan.. Just thinking out loud!

Stay Green
Focus only on what truly matters!
  • #98,749
  • Dec 9, 2019 8:52am Dec 9, 2019 8:52am
My first trade on EU today:
Short 1.1075.
SL above 1.11.
TP open.
  • #98,750
  • Dec 9, 2019 9:39am Dec 9, 2019 9:39am
Just open Short @1.1075 SL 20 Pips TP 10 Pips not expecting too much with this trade.
  • #98,751
  • Dec 9, 2019 9:50am Dec 9, 2019 9:50am
Bit of a zzzz day I am still short though, in fact took another short just a touch above 1.107, I don't see it going much higher, looks to be topping.
  • #98,752
  • Dec 9, 2019 11:51am Dec 9, 2019 11:51am
Quoting Wavegarrick
{quote} Hi Guys, The way the cookie crumbles. I did not post my sell trade here today for obvious reasons. A friday and just before NFP. It could have gone either way and a risk I was willing to take, because of positive trades behind me. I have also opened a buy trade just above 1.10500 with a 20 pip s/loss. Kinda messy but will have to see how this plays out. From my observations and wave following strategy EU could go into a swing reversal to the downside. I will have to see how this unfolds next week. It is touch and go. Have a great weekend....
Hi Guys.

My trades and as some of you may have noticed a short trade earlier today, thanks for all the likes. I did move my stop loss from 10 pips to 20 pips and I humbly apologize for this. I did not realize that london open would be so potent.

Short term seems to be to the down side, but I am picking up long term signals for an upswing. It is touch and go.

Trade safe,

Cheers.
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Trade to trade another day
  • #98,753
  • Dec 9, 2019 12:43pm Dec 9, 2019 12:43pm
That 100 EMA on H4 is always so difficult for bears to break through, while bulls always shoot through it like it's nothing. Same thing now.. Bears are having such a hard time breaking through 1,1060 support. Looks like this bear attack is going nowhere.
  • #98,754
  • Dec 9, 2019 12:44pm Dec 9, 2019 12:44pm
Quoting Wavegarrick
{quote} Hi Guys. My trades and as some of you may have noticed a short trade earlier today, thanks for all the likes. I did move my stop loss from 10 pips to 20 pips and I humbly apologize for this. I did not realize that london open would be so potent. Short term seems to be to the down side, but I am picking up long term signals for an upswing. It is touch and go. Trade safe, Cheers. {image}
korrect
  • #98,755
  • Dec 9, 2019 12:56pm Dec 9, 2019 12:56pm
Quoting Wavegarrick
{quote} Hi Guys. My trades and as some of you may have noticed a short trade earlier today, thanks for all the likes. I did move my stop loss from 10 pips to 20 pips and I humbly apologize for this. I did not realize that london open would be so potent. Short term seems to be to the down side, but I am picking up long term signals for an upswing. It is touch and go. Trade safe, Cheers. {image}
how much and from where .... see below
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  • #98,756
  • Dec 9, 2019 2:09pm Dec 9, 2019 2:09pm
H1 Status Update

For my followers: Those who shorted after Dashed-BLUE TL touch occurred can now tighten their SL to BE or lower and wait until 1.1061 area breaks. A tight triangle is about to form in the highlighted area based on low volatility.

Stay Green
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Focus only on what truly matters!
  • #98,757
  • Dec 9, 2019 2:16pm Dec 9, 2019 2:16pm
Quoting Mitiblotch
My first trade on EU today: Short 1.1075. SL above 1.11. TP open.
Closed this at 1.1061. Still holding one one.
  • #98,758
  • Dec 9, 2019 2:32pm Dec 9, 2019 2:32pm
Selling some eur.
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Plan your trades and trade your plan.
  • #98,759
  • Dec 9, 2019 3:42pm Dec 9, 2019 3:42pm
flat until wednesday
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Don't believe me just watch!
  • #98,760
  • Dec 9, 2019 5:35pm Dec 9, 2019 5:35pm
Quoting LCForex
flat until wednesday {image}
Wednesday looks like fun.
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