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  • #1,161,761
  • Edited 11:32pm Dec 24, 2019 9:17pm | Edited 11:32pm
Current Strategy: Building shorts from 1.1110-15ish, TP 1.1018. D1 Trend is down, so H4 resistance is my entry(WP 1.1103 so pushing it), TP is support level as well as S78. will re-enter short at S61 1.1039 - S38 1.1062 based on resistance on H4. I could always be wrong but this is my current plan. Definitely being careful due to holidays and that Jan 3 2019 spike that I do not want a repeat of which would knock out my SL. Price Action is always King and can change this plan, just putting down my idea. Any input is always welcome.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,762
  • Dec 25, 2019 6:27am Dec 25, 2019 6:27am
The world’s most powerful reserve currencies

https://www.finance101.com/the-world...ve-currencies/
  • #1,161,763
  • Dec 25, 2019 4:33pm Dec 25, 2019 4:33pm
I am so depressed, today I received my new indicator for Christmas and this happened when I opened it. So I decided to attach a picture of it, guess 2020 will be a tougher year than I imagined.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,764
  • Dec 25, 2019 5:18pm Dec 25, 2019 5:18pm
My analysis at: https://www.forexfactory.com/showthr...5#post12675225

https://www.tradingview.com/chart/EU...ong-Positions/

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Technical Analyst & Trader @ Vikinsa
  • #1,161,765
  • Dec 26, 2019 2:40am Dec 26, 2019 2:40am
Recent high = 1.10965 ..... I start thinking that it won't go much higher.......

I raise my SL on longs at 1.1090

  • #1,161,766
  • Dec 26, 2019 6:49am Dec 26, 2019 6:49am
can't wait~~just short it right now~~~~
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  • #1,161,767
  • Dec 26, 2019 11:20am Dec 26, 2019 11:20am
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  • #1,161,768
  • Dec 26, 2019 5:40pm Dec 26, 2019 5:40pm
Olabanji-Tex, here is the Weekly Pivot indicator you were asking about.
Attached File(s)
File Type: mq4 Auto-Pivot_Plotter_Weekly_V2__3.mq4   30 KB | 152 downloads
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,769
  • Edited 7:18pm Dec 26, 2019 7:00pm | Edited 7:18pm

Took a snip of the EU 1H chart, will enter short from the H4 Resistance 1.1115 +/-, ***as long as my indicators say it is ready to short.

Attached Image
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,770
  • Dec 26, 2019 9:00pm Dec 26, 2019 9:00pm
Quoting OhComeOn
Took a snip of the EU 1H chart, will enter short from the H4 Resistance 1.1115 +/-, ***as long as my indicators say it is ready to short. {image}
H4 Resistance has now been hit, starting to build shorts.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,771
  • Dec 26, 2019 9:56pm Dec 26, 2019 9:56pm
Quoting OhComeOn
{quote} H4 Resistance has now been hit, starting to build shorts.
there are no shorts till atleast 1.1140 is hit. even that is not a good shorting point. u may get lucky if 1.1123 holds and euro does not cross that
  • #1,161,772
  • Dec 27, 2019 2:35am Dec 27, 2019 2:35am
Recent Η=1.1142 @@@!!!......Shorted now at 1.1140 Good luck to us all......

  • #1,161,773
  • Dec 27, 2019 7:29am Dec 27, 2019 7:29am
Recent H=1.1158..........Much higher than anticipated..... but still holding my shorts. Patience.

  • #1,161,774
  • Dec 27, 2019 7:47am Dec 27, 2019 7:47am
Quoting F.g
Recent H=1.1158..........Much higher than anticipated..... but still holding my shorts. Patience.
Good luck, I'll start short @1.11803 somewhere here
  • #1,161,775
  • Dec 27, 2019 7:50am Dec 27, 2019 7:50am
11.21.18 I placed blocks of orders to buy these levels. It took a year and 300 more points drop to complete the reversal of highest degree wave on fib level 61.8% but finally it looks like the swing back to positive might be here.
Founder of Sutherland Wave Principle
  • #1,161,776
  • Dec 27, 2019 8:47am Dec 27, 2019 8:47am
Quoting OhComeOn
I am so depressed, today I received my new indicator for Christmas and this happened when I opened it. So I decided to attach a picture of it, guess 2020 will be a tougher year than I imagined. {image}
You want to borrow the chicken bones?
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Founder of Sutherland Wave Principle
  • #1,161,777
  • Dec 27, 2019 9:01am Dec 27, 2019 9:01am
Quoting F.g
Recent H=1.1158..........Much higher than anticipated..... but still holding my shorts. Patience.
I am still adding shorts as well, initially when I was long this was my target area, however later I did not think it would make it. Currently approaching R61 pivot.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,778
  • Dec 27, 2019 9:03am Dec 27, 2019 9:03am
Quoting suthmo
{quote}You want to borrow the chicken bones? {image}
Actually, if you have the chicken bones from a rare breed then I can take them. LOL Have a Happy New Year Suthmo.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,779
  • Dec 27, 2019 10:33am Dec 27, 2019 10:33am
Profit target reached on EURUSD. Profit $6,256.
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  • #1,161,780
  • Dec 27, 2019 10:43am Dec 27, 2019 10:43am
Quoting OhComeOn
{quote} Actually, if you have the chicken bones from a rare breed then I can take them. LOL Have a Happy New Year Suthmo.
Same to you bud, happy holidays.

Heads up resistance on 1188/90 and correction is due.
Founder of Sutherland Wave Principle
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