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EURUSD only

  • #100,661
  • Jan 15, 2020 8:23am Jan 15, 2020 8:23am
Quoting Pinch969
{quote} Nothing changed here, patience pays off every time. adding another target to 1.11855.
Yes, I have been holding a long for a week now.
  • #100,662
  • Jan 15, 2020 8:33am Jan 15, 2020 8:33am
Quoting Pinch969
{quote} Nothing changed here, patience pays off every time. adding another target to 1.11855.

keeping an eye on 1.11600 in H1 Chart for resistance. If close above this level, 1.11850-55 is still in play.
"Your Habits Will Determine Your Future"
  • #100,663
  • Jan 15, 2020 8:39am Jan 15, 2020 8:39am
Quoting raju0189
Testing again small Buy 1.1148 & 1.1150 TP- 1.1200 SL- 1.1100

SL-BE
  • #100,664
  • Jan 15, 2020 8:42am Jan 15, 2020 8:42am
Quoting Mitiblotch
{quote} This isn't always how it happens. There are those who have been selling 1.1130 and the movers need them to move price up and in such a case price won't even come down again so that those 1.1130 sellers won't be able to get out. If price ever comes low again it means the up move is temporarily done. It is a two-way thing.
To the tee!
  • #100,665
  • Jan 15, 2020 8:49am Jan 15, 2020 8:49am
Quoting Hezam
I agree with Ata the pair target 1.1161 to complete wave Y {image} {image}
Both the dollar index and the euro dollar hit the target and then reversed
Patience is the key for success.
  • #100,666
  • Jan 15, 2020 8:51am Jan 15, 2020 8:51am
Quoting Hezam
{quote} Both the dollar index and the euro dollar hit the target and then reversed
Nothing reversed, watch the next hour.
  • #100,667
  • Jan 15, 2020 8:51am Jan 15, 2020 8:51am
Quick Wave Count (Update)

I had to fix my wave count on H1.. Little alterations though.. Still awaiting a wave 5 down.. Thanks(!) to an extended wave 4 now we need more patience.. In this trading business the wave 4 is the only thing I hate to its core..

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #100,668
  • Jan 15, 2020 8:59am Jan 15, 2020 8:59am
Quoting Mitiblotch
Risking a little long here at 1.1108. SL 20 pips. Should probably have waited for 1.1090 or a little below. Very risky. Please don't try this at home. Remember that WWE superstars are well-trained.
Closed here at 1.1152. That rejection and an M pattern on the 15mins tells me it's time.
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  • #100,669
  • Jan 15, 2020 9:12am Jan 15, 2020 9:12am
Short, TP: OPEN. Wish Me Luck
Attached Image (click to enlarge)
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There is no perfect system
  • #100,670
  • Jan 15, 2020 9:20am Jan 15, 2020 9:20am
Quoting Mitiblotch
{quote} Closed here at 1.1152. That rejection and an M pattern on the 15mins tells me it's time. {image}
its breaking out of 200d sma looks like Mit ...
  • #100,671
  • Jan 15, 2020 9:24am Jan 15, 2020 9:24am
Quoting Wavegarrick
{quote} Hi Guys, I still maintain my longs, rinse and repeat. It could go either way at this point in time. This is what swing trading is all about. I either get it right or wrong. There are stop hunts when we trade these levels. To those of you that have unsubscribed from me during this apparent down move. Good, this method is not for you!. I look at risk reward. If my trail stops are taken out I move on. There will be a time when my reward will compensate for my small losses/profits. Nobody can predict market movement and we only rely on our edge....
Hi Guys,

One has to love it when a plan comes together. Not plain sailing and lots of patience for sure. Zooming in on the 1hr timeframe I have opened 2 more longs today. I am currently counting on momentum. A daily close above 1.11500 for sure a positive sign for bulls.

Trade safe.
Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #100,672
  • Jan 15, 2020 9:28am Jan 15, 2020 9:28am
Quoting Maroc-Ismail
{quote} Nothing reversed, watch the next hour.
you are right, we need confirmation signals for the reverse, Chart is attached for this scenario and the idea of going up for now is still until the downtrend signs are confirmed.
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Patience is the key for success.
  • #100,673
  • Jan 15, 2020 9:36am Jan 15, 2020 9:36am
Quoting raju0189
{quote} SL-BE
Buy Again
SL- 1.1100
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  • #100,674
  • Jan 15, 2020 9:40am Jan 15, 2020 9:40am
Quoting prashfx
{quote} its breaking out of 200d sma looks like Mit ...
Yeah... today is one day I will wait till the end before clicking any other button. If this wants to sell then whatever high is made today, London must touch it tomorrow or next before the dump so no rush. I will just watch. Already picked up 88 pips combined from that long so I feel quite satisfied.
  • #100,675
  • Jan 15, 2020 10:11am Jan 15, 2020 10:11am
Quoting Wavegarrick
{quote} Hi Guys, One has to love it when a plan comes together. Not plain sailing and lots of patience for sure. Zooming in on the 1hr timeframe I have opened 2 more longs today. I am currently counting on momentum. A daily close above 1.11500 for sure a positive sign for bulls. Trade safe. Cheers. {image}
Your plans seem to come together quite a lot. Patience is a virtue.
Great trading
Attached Image
It takes time
  • #100,676
  • Jan 15, 2020 10:17am Jan 15, 2020 10:17am
Quoting Pinch969
{quote} Nothing changed here, patience pays off every time. adding another target to 1.11855.
Nothing charged, just more patience
"Your Habits Will Determine Your Future"
  • #100,677
  • Jan 15, 2020 10:20am Jan 15, 2020 10:20am
Quoting Hezam
{quote} you are right, we need confirmation signals for the reverse, Chart is attached for this scenario and the idea of going up for now is still until the downtrend signs are confirmed. {image}
It's important that previous structures break when something is reversing. Pullback strategies don't work en price is struggling making new highs/lows. Candle patterns and market conditions are also important for me to determine when a reversal is near.
  • #100,678
  • Jan 15, 2020 10:56am Jan 15, 2020 10:56am
Quoting bigiivan
Maybe a little more time before going UP.
Maybe it needs a little rest. It wants a correction.
  • #100,679
  • Jan 15, 2020 11:37am Jan 15, 2020 11:37am
1.11600 resistance on the H1/H4 is being extremely stubborn. This area could confirm direction on both side.
I will stay long, SL @1.11414
"Your Habits Will Determine Your Future"
  • #100,680
  • Jan 15, 2020 11:45am Jan 15, 2020 11:45am
Quoting galactico
{quote} Your plans seem to come together quite a lot. Patience is a virtue. Great trading {image}
Thanks Galactico,

I digest all info here. Brian " Dingoman 2" posted a very useful video earlier and very much my view for this year. We follow this and I am sure we have a useful edge. Until such time, price dictates that we will probably see short term swings Iow ranging patterns until the major breakouts.

Thanks again Buddy,
Cheers
Trade to trade another day
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