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  • #105,541
  • Mar 30, 2020 9:51am Mar 30, 2020 9:51am
Care there is a lot of bullish rejection possible to break support level
Master your mind. Master Trading.
  • #105,542
  • Mar 30, 2020 9:54am Mar 30, 2020 9:54am
Quoting Wavegarrick
{quote} Hi Hans, Very difficult to predict where this may go for me. Here is the thing for me 1.11000 has not been tested so I suspect a test of that. I know bears will be calling for a double top and enter. We are still trading in this channel of mine. I know EU is capable of going up some more seeing we had a decent retrace. Month end around the corner and we can see erratic moves. I will close longs as soon as I see short confirmation, but for now I stay long. Cheers Bud. Edit:Wrong picture posted will update shortly Done {image}
Hi Guys,
Even though there are early signs that they might want to push price down again I would be very cautious at this point. A perception is created and shorts are trapped pushing price up a few hundred pips. Sometimes it happens where you can get in on the perception and get lucky and sometimes not. Which makes swing trading difficult. At this point I am waiting for proper confirmation before I get into shorts. My weekly pivot at 1.09804 remains a point of interest and could act like a magnet. I will update during the course of this week.

Have a great week
Cheers
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Trade to trade another day
  • #105,543
  • Mar 30, 2020 9:56am Mar 30, 2020 9:56am
a lot of action in this 103X area....

edit...question is will the buyers or seller get exhausted
LOCK IN RE-ENTER
  • #105,544
  • Mar 30, 2020 10:04am Mar 30, 2020 10:04am
Quoting Wavegarrick
{quote} Hi Guys, Even though there are early signs that they might want to push price down again I would be very cautious at this point. A perception is created and shorts are trapped pushing price up a few hundred pips. Sometimes it happens where you can get in on the perception and get lucky and sometimes not. Which makes swing trading difficult. At this point I am waiting for proper confirmation before I get into shorts. My weekly pivot at 1.09804 remains a point of interest and could act like a magnet. I will update during the course of this...
I must say Leon, you have a good mentality. Last time you posted I guess you were 5.000 pips in profit and now there is “only” 3.400 left. I could never never never never be so strong to still let those run. Don’t you regret sometimes that you didn’t take profit at the high. Your strategy can help you earn more pips than the average trading system, but I guess you can also lose a lot of pips when you keep holding those positions and price starts to reverse. That indeed makes swing trading so hard sometimes. Just like now.. Are we going to take those longs off the table and start shorting, or is this a good opportunity to add more longs. I really don’t know!

I wish you many many many more pips! I am happy when I see you guys are making money. Keep filling those pockets!

Best EU thread on the internet!
  • #105,545
  • Mar 30, 2020 10:06am Mar 30, 2020 10:06am
Quoting mistaouting
a lot of action in this 103X area.... edit...question is will the buyers or seller get exhausted
I agree buyers and sellers slaughter Each other here which is why we must wait and see who takes control
Master your mind. Master Trading.
  • #105,546
  • Mar 30, 2020 10:08am Mar 30, 2020 10:08am
Quoting Austyno
Logically speaking, we should be heading for 1.12052 at least now.
Bulls Should still be patient at least till it breaks 1.101..
Bullish target 1.107.. its a projected outcome.
#eaglesEye#
  • #105,547
  • Mar 30, 2020 10:21am Mar 30, 2020 10:21am
Quoting Maroc-Ismail
{quote} I must say Leon, you have a good mentality. Last time you posted I guess you were 5.000 pips in profit and now there is “only” 3.400 left. I could never never never never be so strong to still let those run. Don’t you regret sometimes that you didn’t take profit at the high. Your strategy can help you earn more pips than the average trading system, but I guess you can also lose a lot of pips when you keep holding those positions and price starts to reverse. That indeed makes swing trading so hard sometimes. Just like now.. Are we going to...
Hi Ismail,
Thanks Buddy for your keen observation. The old saying, getting into a trade is difficult, staying in on a trade getting out and knowing when to get out is even more difficult. At this point I am laying the odds on 5000 pips to grow to 6000 pips and above. Also the reason I trade small. I do regret it dearly when my trades go against me and I want to kick my back side, but its just something I never know and have to live with. It is odds and evens, I must say however that most times the odds go with me. The evens are that I will get out with a small reasonable profit.
Cheers
Leon
Trade to trade another day
  • #105,548
  • Mar 30, 2020 10:33am Mar 30, 2020 10:33am
Based on my H1 system I have to sell touch to Dashed-BLUE.. 1.1046 area.. let's see..

Stay Green
Focus only on what truly matters!
  • #105,549
  • Mar 30, 2020 10:39am Mar 30, 2020 10:39am
Quoting Ata-Turkoglu
Based on my H1 system I have to sell touch to Dashed-BLUE.. 1.1046 area.. let's see.. Stay Green
Excellent I had a sell entry at 1.0449 and looking to tp around your target as well
Master your mind. Master Trading.
  • #105,550
  • Mar 30, 2020 11:05am Mar 30, 2020 11:05am
Quoting Dingoman-two
{quote} Can we do it again folks, london open could be the one to watch. {image}

ARE WE THERE YET

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  • #105,551
  • Mar 30, 2020 11:10am Mar 30, 2020 11:10am
Quoting princeali115
{quote} Excellent I had a sell entry at 1.0449 and looking to tp around your target as well
what is the target?
  • #105,552
  • Mar 30, 2020 11:16am Mar 30, 2020 11:16am
Quoting Ata-Turkoglu
Based on my H1 system I have to sell touch to Dashed-BLUE.. 1.1046 area.. let's see.. Stay Green
Don't want to give back most of my profit.. Moving SL to 1.1026 (locked +20 pips)

*Because H4 is above GREEN line I can't invest too much in shorting.. It is actually the opposite.. Soon we have to look for buy opportunities.. I am targeting 1.0980/90 area for a potential bounce up..

Stay Green
Focus only on what truly matters!
  • #105,553
  • Mar 30, 2020 11:21am Mar 30, 2020 11:21am
Quoting Maroc-Ismail
H1 - Buying dips Potential buy zones: 1. 1,1060/80 (Likely) 2. 1,0950/70 (Less likely) Resistance areas: 1,1180 - 1,1240.. Expect some sellers there. Overall, shouldn't be a problem for bulls to reach 1,15 this week. A 4HR close below 1,0950 will cancel my strategy to buy dips. Then I'm back targetting 1,03. {image}
First zone didn’t hold long enough. I am still holding my long from up there. Second area means reversal.. So, DS1 @1,1010-00 is my final support zone. I will give buy that area for a target of 1,1160 SL below 1,0980
  • #105,554
  • Mar 30, 2020 11:33am Mar 30, 2020 11:33am
got out half of my longs at 1.1044 and ther rest breakeven at 1.1023
MTF PA with indicators = a winning team
  • #105,555
  • Mar 30, 2020 11:38am Mar 30, 2020 11:38am
I am thinking 1.10500 area before I go Short again. For now I will stay long with a break even SL @1.10085.
"Your Habits Will Determine Your Future"
  • #105,556
  • Mar 30, 2020 11:42am Mar 30, 2020 11:42am
short 1.1020
MTF PA with indicators = a winning team
  • #105,557
  • Mar 30, 2020 12:14pm Mar 30, 2020 12:14pm
Quoting Ata-Turkoglu
Based on my H1 system I have to sell touch to Dashed-BLUE.. 1.1046 area.. let's see.. Stay Green
Closed sell order manually here at 1.1020.. (+26 pips cashed in)

Stay Green
Focus only on what truly matters!
  • #105,558
  • Mar 30, 2020 1:02pm Mar 30, 2020 1:02pm
patiently waiting for that 1.1010 level to break ....
MTF PA with indicators = a winning team
  • #105,559
  • Mar 30, 2020 1:12pm Mar 30, 2020 1:12pm
Finally action. Seems as though the bulls are pushing
Master your mind. Master Trading.
  • #105,560
  • Mar 30, 2020 1:15pm Mar 30, 2020 1:15pm
Ata, what's your high for the week, seems we have made a low for the week, I want to leave these trades till the end of the week
Risk comes from not knowing what to do
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