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EURUSD only

  • #98,801
  • Dec 10, 2019 10:55pm Dec 10, 2019 10:55pm
shorting this bugger at the black TL
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 38 KB
do not follow me 99.9999999% of times, rest you can lol
  • #98,802
  • Dec 10, 2019 11:11pm Dec 10, 2019 11:11pm
Prices continue to be pushed up following yesterday's news. However, a series of news today and tomorrow made price action more unpredictable. I am still in the mind of sell on this pair but will continue to wait for prices to go higher and clearer. Probably a spike by the news that then engulfed everything all days had moved.

The plan will enter the sell when the price can not exceed 1.11000 today and become heavier. No one knows what they will do with the news.

Good luck traders.
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Keep the faith and keep going
  • #98,803
  • Dec 10, 2019 11:27pm Dec 10, 2019 11:27pm
Quoting PatienceFx
shorting this bugger at the black TL {image}
I recommend that you change the color of your black trendline to something visible..

Stay Green
Focus only on what truly matters!
  • #98,804
  • Dec 10, 2019 11:36pm Dec 10, 2019 11:36pm
Quoting Ata-Turkoglu
{quote} I recommend that you change the color of your black trendline to something visible.. Stay Green
He meant it as a joke bro
Risk comes from not knowing what to do
  • #98,805
  • Dec 10, 2019 11:37pm Dec 10, 2019 11:37pm
Quoting Niily
Prices continue to be pushed up following yesterday's news. However, a series of news today and tomorrow made price action more unpredictable. I am still in the mind of sell on this pair but will continue to wait for prices to go higher and clearer. Probably a spike by the news that then engulfed everything all days had moved. The plan will enter the sell when the price can not exceed 1.11000 today and become heavier. No one knows what they will do with the news. Good luck traders. {image}
I agree.. It is wise to be cautious.. I personally have 1.1103 as crucial resistance for the day. While intraday candles close below this and my Dashed line I am planning to keep selling every new Dashed-BLUE trendline touch.. It is likely that today's FOMC and FED decisions will create some shake out. Until then the GREEN line area on chart: 1.1077 area will probably act supportive.. Besides risking some long scalping there traders have not much to do until FED minutes.. Trade safe folks and best of success

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-EF-System.png Size: 31 KB
Focus only on what truly matters!
  • #98,806
  • Dec 10, 2019 11:40pm Dec 10, 2019 11:40pm
Quoting Austyno
{quote} He meant it as a joke bro
I know.. It is a joke that slowly is getting on my nerves.. But maybe my post also was a joke hmm how about that?

Stay Green
Focus only on what truly matters!
  • #98,807
  • Dec 10, 2019 11:45pm Dec 10, 2019 11:45pm
Quoting PatienceFx
shorting this bugger at the black TL {image}
1088 was supposed to be a good S/R level as seen in history on chart

the black area above it automatically becomes a horizontal TL
do not follow me 99.9999999% of times, rest you can lol
  • #98,808
  • Dec 10, 2019 11:47pm Dec 10, 2019 11:47pm
Quoting Ata-Turkoglu
{quote} I agree.. It is wise to be cautious.. I personally have 1.1103 as crucial resistance for the day. While intraday candles close below this and my Dashed line I am planning to keep selling every new Dashed-BLUE trendline touch.. It is likely that today's FOMC and FED decisions will create some shake out. Until then the GREEN line area on chart: 1.1077 area will probably act supportive.. Besides risking some long scalping there traders have not much to do until FED minutes.. Trade safe folks and best of success Stay Green {image}
Yes, Same idea of buying scalp under 1,10750.
Keep the faith and keep going
  • #98,809
  • Dec 10, 2019 11:50pm Dec 10, 2019 11:50pm
Quoting PatienceFx
{quote} 1088 was supposed to be a good S/R level as seen in history on chart the black area above it automatically becomes a horizontal TL
with that in mind, my trade with a tiny 8 pip sl automatically becomes the best logical trade with a target of week open
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 39 KB
do not follow me 99.9999999% of times, rest you can lol
  • #98,810
  • Dec 10, 2019 11:58pm Dec 10, 2019 11:58pm
Daily Wave Count (Update)

For now we might be still inside a wave 2 (of a wave 3 or C) that still can retest lows around 1.1016.. If wave 2 is already complete then bears have to be careful once 1.1103/1.1109 area breaks. My repeatedly shared chart below shows the roughly projection of a potential bullish wave 3 (or C)

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-Daily-ElliottWave.png Size: 33 KB
Focus only on what truly matters!
  • #98,811
  • Dec 11, 2019 12:05am Dec 11, 2019 12:05am
Quoting patiencefx
{quote} with that in mind, my trade with a tiny 8 pip sl automatically becomes the best logical trade with a target of week open {image}
using visible tl method, price must respect 1072 for bullish bias to continue
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 25 KB
do not follow me 99.9999999% of times, rest you can lol
  • #98,812
  • Dec 11, 2019 12:42am Dec 11, 2019 12:42am
Quoting PatienceFx
{quote} using visible tl method, price must respect 1072 for bullish bias to continue {image}
quitting and going for greener pastures elsewhere
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Click to Enlarge Name: EURUSDM5.png Size: 21 KB
do not follow me 99.9999999% of times, rest you can lol
  • #98,813
  • Dec 11, 2019 1:44am Dec 11, 2019 1:44am
Quoting PatienceFx
{quote} quitting and going for greener pastures elsewhere {image}
Curious, why did you remove your (new) TE (again)?
  • #98,814
  • Dec 11, 2019 1:53am Dec 11, 2019 1:53am
Quoting ILovePizza
{quote} Curious, why did you remove your (new) TE (again)?
My guess is that slow market conditions force people to find innovative ways to reduce boredom.

Stay Green
Focus only on what truly matters!
  • #98,815
  • Dec 11, 2019 1:55am Dec 11, 2019 1:55am
Quoting ILovePizza
{quote} Curious, why did you remove your (new) TE (again)?
i changed from linux mint 18.3 to mint 19.2 and forgot to keep a backup
do not follow me 99.9999999% of times, rest you can lol
  • #98,816
  • Dec 11, 2019 2:34am Dec 11, 2019 2:34am
Good Morning!
The price is below daily pivot 1.1083 and heading towards DS1 at 1.1070.
Gann Fan H2
Risk Management is of utmost importance!
  • #98,817
  • Dec 11, 2019 2:53am Dec 11, 2019 2:53am
Counting waves is a sure way of driving yourself mad while waiting.

Here is an attempt. (actually been looking at it for a while but the retro fitting always gets the better of you it seems)

My counting ideas:
1. Wave 1 is the breakout wave. Change is trend, short term or longer term.
2. Waves with even numbers are always touching the front of the channel/flag. At least one of them made the flag wider if it is a 5 wave or 7 wave.
3. Waves come in 123; 12345; 1234567. There can be 123 inside a 12345 inside a 1234567 etc.
4. A 123 does not necessarily follow a 12345 or visa versa.

So we could be heading for the blue 7 or the red 3 depending on the count you choose or flag you choose


At the moment though im just trying to get out of the short i entered into too early yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4 11 Dec 2019.png Size: 111 KB
Trade it as it lies
  • #98,818
  • Dec 11, 2019 2:55am Dec 11, 2019 2:55am
Quoting RCtrader
Good Morning! The price is below daily pivot 1.1083 and heading towards DS1 at 1.1070. Gann Fan H2
but i will still avoid shorts for now, H1
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do not follow me 99.9999999% of times, rest you can lol
  • #98,819
  • Dec 11, 2019 3:49am Dec 11, 2019 3:49am
some more ideas on counting, this time on condensed 5m

see how the 2's and 4's make the flags wider. Usually when a flag does not get made wider by a 4 then it is not a flag and just a one way up or down.

what i see here is bear flag counting, lets see if there will be a green 4 pushing the bull flag wider. I think we at least will see the bottom red of the channel invalidated before we could see more up from 1720. Unless 1720 folds and now green 4 then we see a proper play out of the bear build up.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M5 11 Dec 2019 v1.png Size: 101 KB
Trade it as it lies
  • #98,820
  • Dec 11, 2019 5:00am Dec 11, 2019 5:00am
Those who shorted earlier at touch to Dashed-BLUE can keep smiling..

Stay Green
Focus only on what truly matters!
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