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  • #105,321
  • Mar 27, 2020 7:12am Mar 27, 2020 7:12am
Quoting Maroc-Ismail
Sold 1,1040 SL: above 1,11. I’ll explain why I sold in a chart! Uploading it in a minute..
+ 36. Pending buy @1,0993 sl: 15 pips
  • #105,322
  • Mar 27, 2020 7:14am Mar 27, 2020 7:14am
Food for Thoughts: Logic of My Approach

In every text book they teach you to use horizontal S/R levels for breakouts and then to buy the dips.. However my approach comes from nature.. Just like we throw a ball in the air we need to create momentum.. That's why price will always fall lower before it can jump up. Why would I buy with higher price at breakout level when I actually can buy lower? Just like the ball-throw animation shows, we can get more juice out of our entries by simply following my angled lines method. As long as you don't use a straight horizontal line you will always get a better price.

*For bearish flip the logic.. (Sorry for the huge size of the gif animation.. I don't have the tools to shrink it without destroying the gif)

I hope it helps..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: throw-catch.gif Size: 392 KB
Click to Enlarge Name: Approach.png Size: 58 KB
Focus only on what truly matters!
  • #105,323
  • Mar 27, 2020 7:26am Mar 27, 2020 7:26am
Quoting Ata-Turkoglu
Food for Thoughts: Logic of My Approach In every text book they teach you to use horizontal S/R levels for breakouts and then to buy the dips.. However my approach comes from nature.. Just like we throw a ball in the air we need to create momentum.. That's why price will always fall lower before it can jump up. Why would I buy with higher price at breakout level when I actually can buy lower? Just like the ball-throw animation shows, we can get more juice out of our entries by simply following my angled lines method. As long as you don't use a straight...
Great Ata as always
  • #105,324
  • Mar 27, 2020 7:34am Mar 27, 2020 7:34am
Woke up stopped out this morning went back to sleep and back now and still no action. Figured for a Friday without any news this might have been the outcome.

Will see if selling off continue maybe no one want to hold this thing over weekend..... If that's the case maybe it's gets a good gap when market opens
LOCK IN RE-ENTER
  • #105,325
  • Mar 27, 2020 7:42am Mar 27, 2020 7:42am
reversed to short again at 1.1006 for another measly 3 pips. Ticktocking game is back on. Hope we get a decent trend now.
MTF PA with indicators = a winning team
  • #105,326
  • Mar 27, 2020 7:44am Mar 27, 2020 7:44am
Quoting ongtrumvn99
h4 : complete and down {image}
https://www.forexfactory.com/attachm...3&d=1585306379

waiting down.
SCALP WIN
  • #105,327
  • Mar 27, 2020 8:00am Mar 27, 2020 8:00am
if they don't stop this leak by 11est and it gets below 38.2 fib from last major downtrend then it might hit 089X but again who really knows
LOCK IN RE-ENTER
  • #105,328
  • Mar 27, 2020 8:03am Mar 27, 2020 8:03am
I might be selling for today...will see what mid day looks like

I am still bullish also
LOCK IN RE-ENTER
  • #105,329
  • Mar 27, 2020 8:05am Mar 27, 2020 8:05am
If 1.0985 breaks I have 1.0960 next..

Stay Green
Focus only on what truly matters!
  • #105,330
  • Mar 27, 2020 8:12am Mar 27, 2020 8:12am
anyone else thinks 097 will be a tough support
LOCK IN RE-ENTER
  • #105,331
  • Mar 27, 2020 8:12am Mar 27, 2020 8:12am
TP1: 1.10400, TP2: 1.11400
Attached Image (click to enlarge)
Click to Enlarge Name: 27-3-2020.png Size: 35 KB
There is no perfect system
  • #105,332
  • Mar 27, 2020 8:15am Mar 27, 2020 8:15am
Quoting Ata-Turkoglu
If 1.0985 breaks I have 1.0960 next.. Stay Green
I do like 0960

thanks ata
LOCK IN RE-ENTER
  • #105,333
  • Mar 27, 2020 8:20am Mar 27, 2020 8:20am
Quoting Compound
TP1: 1.10400, TP2: 1.11400 {image}
hei sam .. where you've been ??

welcome back sam
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #105,334
  • Mar 27, 2020 8:24am Mar 27, 2020 8:24am
bears are winning....ill side with the bears for the next few hours...got a sell in at 0969
LOCK IN RE-ENTER
  • #105,335
  • Mar 27, 2020 8:25am Mar 27, 2020 8:25am
Quoting newbegger
This is pretty easy to detect, the movers grabbing the low hanging fruit and to shake the trees for fruit higher up on the tree. The trick is to get you to think short. Look at the pattern and see the same formations. I have take profit up where I tagged on the chart. Going to let it ride for another 3 cents before I cover. {image} I think I may go on retreat if the weather looks ok. OK means no snow for me, not beach weather for a few more months.
I was stopped out at 1.0978. I have big gains but I also had some losses on Tuesday so just an average week. All part of the game.

I had a feeling the trade was going to take profits on Friday but I never trade based on feeling so I stayed long until 1.10 was lost.
Ecclesiastes 1:9
  • #105,336
  • Mar 27, 2020 8:28am Mar 27, 2020 8:28am
Is there any chance that we could have a rebound to 114?
Attached Image (click to enlarge)
Click to Enlarge Name: rebounce~2.PNG Size: 29 KB
I'm enjoying the wins because I was once terrified by loses
  • #105,337
  • Mar 27, 2020 8:28am Mar 27, 2020 8:28am
Quoting pinguin
{quote} hei sam .. where you've been ?? welcome back sam
hello sam, I prepared some things to lock myself at home.
There is no perfect system
  • #105,338
  • Mar 27, 2020 8:31am Mar 27, 2020 8:31am
I would bet the sell off started with the Asian session taking profits/closing positions before the weekend....and maybe other sessions are to follow....who knows what may happen on the weekend

I wouldn't carry euro long over weekend..plus just make for a better buy next week it the bull trend continues

EDIT: only reason Im optimistic about the bull continuation on Monday is because it currently isn't a major sell off to take profit before it goes further south...or maybe this a bear trap....i over analyze sometime

if it was only so simple
LOCK IN RE-ENTER
  • #105,339
  • Mar 27, 2020 8:43am Mar 27, 2020 8:43am
will this 4hr settle above 1.0980?

Lets see
  • #105,340
  • Mar 27, 2020 8:44am Mar 27, 2020 8:44am
Quoting Erto
Is there any chance that we could have a rebound to 114? {image}
If we finish the weekly above 50%
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