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EURUSD only

  • #99,461
  • Dec 20, 2019 10:38am Dec 20, 2019 10:38am
euro rip
  • #99,462
  • Dec 20, 2019 10:42am Dec 20, 2019 10:42am
Dumped ALL my shorts. I had some losing trades since october. I think it was time to end that. Letting losses run is the most annoying thing in trading. I don’t want to hold dollar for next year. I bought manully @1,1073 sl 10 pips
  • #99,463
  • Dec 20, 2019 10:52am Dec 20, 2019 10:52am
Quoting v2vboni
{quote} Chart: H1 TF & H4 MTF Updated TP... and current entry after the SL+ got hit. TP1: 1.10750 TP2: 1.10500 {image} Optional chart: D1 TF & W1 MTF {image}
Just an update: Chart @ H4 TF & D1 MTF
TP1: 1.10295
TP2: 1.10095
Otherwise: manual TPs trigger before end of market
Attached Image (click to enlarge)
Click to Enlarge Name: eur_today.png Size: 60 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #99,464
  • Dec 20, 2019 10:55am Dec 20, 2019 10:55am
Quoting Maroc-Ismail
Dumped ALL my shorts. I had some losing trades since october. I think it was time to end that. Letting losses run is the most annoying thing in trading. I don’t want to hold dollar for next year. I bought manully @1,1073 sl 10 pips
Good job you did holding. I closed all my long-term shorts also at 1.1075 and my second buy activated at same price.
  • #99,465
  • Dec 20, 2019 11:00am Dec 20, 2019 11:00am
Quoting Mitiblotch
{quote} Good job you did holding. I closed all my long-term shorts also at 1.1075 and my second buy activated at same price.
I tried Miti. Sometimes I make mistakes and in october was one of them. I just kept holding and holding believing bears would take over after october. They didn’t.

I accept my loss, but time to move on! I’m glad we both bought here! Let’s see where this pair will be heading to!
  • #99,466
  • Dec 20, 2019 11:10am Dec 20, 2019 11:10am
Quoting Wavegarrick
{quote} Hi Guys, Ok, I have taken a buy trade at 1.10871 just off my 6 month descending trend line. I will lock this trade in asap with s/loss 20 pips. Hopefully I can position trade this going into next week. This is a speculative trade and not my usual momentum indication. I could be dead wrong. Test the waters buy trade only. All the best, Cheers.
Hi Guys,
Just a visual interpretation of where I am at. The 6 month descending trend line has been broken to the downside, It does not discount a weekly pullback yet at this stage. My weekly support 1 is at 1.10519. It is probable that my buy trade s/loss will be taken, but still holding at 20 pips. I do anticipate a short to medium term swing at some stage. Just a bad time of the year.

Fingers crossed and the nature of trading.

All the best Guys.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_362.png Size: 91 KB
Trade to trade another day
  • #99,467
  • Dec 20, 2019 11:19am Dec 20, 2019 11:19am
I agree. I think this is a tough time at the end of the year and holidays. I have a long right now myself I will get what I can from it today and I believe that will be it for the rest of the year for me. Start fresh in January.
  • #99,468
  • Dec 20, 2019 11:22am Dec 20, 2019 11:22am
Quoting 4experience
I Added a long TP1 and TP2 I close bye {image}
How much did you loss?
  • #99,469
  • Dec 20, 2019 11:24am Dec 20, 2019 11:24am
Attached Image (click to enlarge)
Click to Enlarge Name: 2112.PNG Size: 40 KB


i'm already close my short too,
but i still hold 1, and also have buy that very close to SL.

Happy Holiday guys
Not losing money is almost good as making money
  • #99,470
  • Dec 20, 2019 11:40am Dec 20, 2019 11:40am
Quoting Maroc-Ismail
Dumped ALL my shorts. I had some losing trades since october. I think it was time to end that. Letting losses run is the most annoying thing in trading. I don’t want to hold dollar for next year. I bought manully @1,1073 sl 10 pips
Quoting Mitiblotch
{quote} Good job you did holding. I closed all my long-term shorts also at 1.1075 and my second buy activated at same price.
turns out i wasn't alone holding october shorts.
but i'm kinda alone now
"If you run, you'll only die tired." - Sniper's philosophy
  • #99,471
  • Dec 20, 2019 11:57am Dec 20, 2019 11:57am
Quoting tomiko
{quote} {quote} turns out i wasn't alone holding october shorts. but i'm kinda alone now
Don’t look at me or others. Maybe price goes down more and you’ll get a good place to close your shorts. Just don’t let it run too high and ofcourse learn from your mistakes.

All the best!

take care
  • #99,472
  • Edited 12:22pm Dec 20, 2019 12:00pm | Edited 12:22pm
Just an UPDATE.
Of course my system is not as simple as this. It took me almost seven years to develop a system that I'm using now. But it's just a pure price action with NO indicators or other NONSENCE.
IF YOU REALLY UNDERSTAND THE WAY THE PRICE MOVES YOU DON'T NEED ANYTHING ELSE. PRICE WILL TELL YOU EVERYTHING THAT YOU NEED TO KNOW. It just takes a lot of hard work to develop this.
GOOD LUCK TO YOU ALL.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EurUsd H1 Thrs 19-12-2019 Update 3.png Size: 81 KB
Click to Enlarge Name: EurUsd H1 Thrs 19-12-2019 Update 4.png Size: 85 KB
  • #99,473
  • Dec 20, 2019 12:33pm Dec 20, 2019 12:33pm
oooh cheezzzz!!!! this euro is really a bad boy... let me see erase and count again.
Don't believe me just watch!
  • #99,474
  • Dec 20, 2019 12:49pm Dec 20, 2019 12:49pm
Quoting Maroc-Ismail
{quote} Don’t look at me or others. Maybe price goes down more and you’ll get a good place to close your shorts. Just don’t let it run too high and ofcourse learn from your mistakes. All the best! take care
well yes, actually i'm still sticking to short.
i just noticed that there's some guys beside me who held shorts from oct. must be exhausting right, i know how you feel, lol.

all the best to you too, cheers mate
"If you run, you'll only die tired." - Sniper's philosophy
  • #99,475
  • Dec 20, 2019 1:23pm Dec 20, 2019 1:23pm
The only thing that makes me to think in this move today is the triangle. Nothing more for now.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: euw.jpg Size: 202 KB
Click to Enlarge Name: eux.jpg Size: 206 KB
Don't believe me just watch!
  • #99,476
  • Dec 20, 2019 1:30pm Dec 20, 2019 1:30pm
I see the closest pocket of stops at 1.10776 based on M5. Lets see if they want to take it before continue DOWN to 1.1050 area.
IMO at this late hour, price is going to take STOPS at 1.10776 and END the week at 1.1080 + - a few pips.
  • #99,477
  • Dec 20, 2019 2:53pm Dec 20, 2019 2:53pm
Quoting Fx757
Just an UPDATE. Of course my system is not as simple as this. It took me almost seven years to develop a system that I'm using now. But it's just a pure price action with NO indicators or other NONSENCE. IF YOU REALLY UNDERSTAND THE WAY THE PRICE MOVES YOU DON'T NEED ANYTHING ELSE. PRICE WILL TELL YOU EVERYTHING THAT YOU NEED TO KNOW. It just takes a lot of hard work to develop this. GOOD LUCK TO YOU ALL. {image} {image}
Price will tell you everything you need to know, you don't need anything else, all others are non sense.Took you 7 years of hard work to develop... You sound funny! Lol

And your chart is good because it's after the fact. Everybody can do that.
Only an idiot knows with certainty to where the market is going.
  • #99,478
  • Dec 20, 2019 3:15pm Dec 20, 2019 3:15pm
Quoting tomiko
{quote} well yes, actually i'm still sticking to short. i just noticed that there's some guys beside me who held shorts from oct. must be exhausting right, i know how you feel, lol. all the best to you too, cheers mate

I'm one of those guys. Been short 10 lots since 10/16 from 1.1060. Not exhausting, boring as hell, HOWEVER, have picked up over $2k in swap. Now, it appears in the coming weeks about to make the cash register ring big time. Before we're done I'm seeing incremental steps to 1.0950. If not, I'll just keep swapping which, according to my math, works out to a 26% return on my committed capital which ain't bad.

I will admit that it was a bit unnerving last week when we hit 1.1198 and I was drawn down $14k, but the daily declining channel we've been in since June '18 held and now the pendulum swings the other way to the downside - hard I think.

Only thing that can f**k me up if we break long and hard to the upside which I think is extremely unlikely.
  • #99,479
  • Dec 20, 2019 3:46pm Dec 20, 2019 3:46pm
Quoting QuantemPips
{quote} I'm one of those guys. Been short 10 lots since 10/16 from 1.1060. Not exhausting, boring as hell, HOWEVER, have picked up over $2k in swap. Now, it appears in the coming weeks about to make the cash register ring big time. Before we're done I'm seeing incremental steps to 1.0950. If not, I'll just keep swapping which, according to my math, works out to a 26% return on my committed capital which ain't bad. I will admit that it was a bit unnerving last week when we hit 1.1198 and I was drawn down $14k, but the daily declining channel we've...
Nothing is unlikely in fx.
What if I tell you we may likely have a gap above 1.1100 by Sunday market open? hmmmm! Let's see how it goes.
Dont be fool by the newbie badge....older here...older in the biz.
  • #99,480
  • Dec 20, 2019 7:57pm Dec 20, 2019 7:57pm
Quoting tomiko
{quote} well yes, actually i'm still sticking to short. i just noticed that there's some guys beside me who held shorts from oct. must be exhausting right, i know how you feel, lol. all the best to you too, cheers mate
Ha! I wasn't holding a short from October. Lol... My oldest trade is from two weeks ago. And my aim was 1.1040 but price refused doing that all this while so I changed TP to 1.1075. I bought and sold in between.
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