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EURUSD

  • #1,167,601
  • Apr 28, 2020 8:45am Apr 28, 2020 8:45am
M5 is clearly bearish at this moment.
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  • #1,167,602
  • Apr 28, 2020 8:49am Apr 28, 2020 8:49am
Quoting Kingofnight
{quote} Use exness it close ur trades automatically when ur to gets hitted
Unfortunately, my options are severely limited because I am a US citizen subject to draconian trading regulations.

However, I do have an EA that should solve my problem.
Learn from your mistakes and march on.
  • #1,167,603
  • Apr 28, 2020 8:53am Apr 28, 2020 8:53am
Entered Long again @ 1.0849
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,167,604
  • Apr 28, 2020 8:56am Apr 28, 2020 8:56am
Start of the third impulse begins. Heading towards 1.06
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  • #1,167,605
  • Apr 28, 2020 8:57am Apr 28, 2020 8:57am
Patiently waiting. No need to rush. I will get my pips.
Learn from your mistakes and march on.
  • #1,167,606
  • Apr 28, 2020 8:59am Apr 28, 2020 8:59am
Quoting Kingofnight
Start of the third impulse begins. Heading towards 1.06 {image}
Probably a good idea to say when so that newbies don't get confused and decide to go balls deep into a sell expecting it to hit 1.06 today.

Definitely something I may have done back in 2014.

- Dre.
You can lead a horse to water, but you can't make it drink
  • #1,167,607
  • Apr 28, 2020 9:00am Apr 28, 2020 9:00am
Quoting Kingofnight
Start of the third impulse begins. Heading towards 1.06 {image}
I have a long bias at the moment. But I am open to the possibility of EURUSD moving south.
Learn from your mistakes and march on.
  • #1,167,608
  • Apr 28, 2020 9:01am Apr 28, 2020 9:01am
61.8 Retracement of todays move - load up the long moves if anyones deciding to.

- Dre.
You can lead a horse to water, but you can't make it drink
  • #1,167,609
  • Apr 28, 2020 9:01am Apr 28, 2020 9:01am
Fibo with elliot wave. World's deadliest combination to trade any thing in the world.
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  • #1,167,610
  • Apr 28, 2020 9:04am Apr 28, 2020 9:04am
long 8468
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  • #1,167,611
  • Apr 28, 2020 9:05am Apr 28, 2020 9:05am
I am not surprised it is slowing down at the 61.8 Fib. If it closes above 38.2 (8578), then I will take that as a buy signal.

1HR chart
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Learn from your mistakes and march on.
  • #1,167,612
  • Apr 28, 2020 9:06am Apr 28, 2020 9:06am
Quoting newbegger
{quote} Finished last week with a bull engulf so direction this week is for higher prices. I have bull breakout trade at 1.0897. If it gets filled I will trail stop around 20 pips. .9 lots with 3 Targets 20, 40, and 60 pips {image}
Really bad number for US economy. This should kill any chance for USD to weaken. I suspect the Friday candle was just profit taking.

Looking to get short. Again
Ecclesiastes 1:9
  • #1,167,613
  • Apr 28, 2020 9:11am Apr 28, 2020 9:11am
Quoting xkwisit2001
{quote} Probably a good idea to say when so that newbies don't get confused and decide to go balls deep into a sell expecting it to hit 1.06 today. Definitely something I may have done back in 2014. - Dre.
hahaha

I know the feeling!

After getting stomped on in this market (MANY times), I have learned to be patient. Well, I am still learning that part. Lol
Learn from your mistakes and march on.
  • #1,167,614
  • Apr 28, 2020 9:28am Apr 28, 2020 9:28am
Quoting here2there
{quote} hahaha I know the feeling! After getting stomped on in this market (MANY times), I have learned to be patient. Well, I am still learning that part. Lol

I'll have you know, my friend who is on here had been selling from I think 1.13 in 2014 targetting 1.00

He was in 150k profit and guess what... market turned and it was ALL gone from a FOMC spike up. He was adding more sells as it was going up till maxed out.

When I say ALL - I mean.... even profit outside of his forex broker account as he had to sell everything.

The damage even ruined his love for forex and our friendship to a degree took a hit.

I took a loss myself, but it was only £1000 so nothing in comparison.

This forum was full of tech guys, a bit like kingofnights message (1.06) saying we will be hitting parity and it didn't happen.

That... is when I became humble and decided to be as patient as possible because I saw how much it ruined him.

So we definitely need people to be a bit more clear on their sentiments in here because theres so many people who look up to what people post here and it can really affect their judgement.

- Dre.
You can lead a horse to water, but you can't make it drink
  • #1,167,615
  • Apr 28, 2020 9:34am Apr 28, 2020 9:34am
Quoting 4experience
long 8468 {image}
closed not clear yet
  • #1,167,616
  • Apr 28, 2020 9:34am Apr 28, 2020 9:34am
Quoting xkwisit2001
{quote} I'll have you know, my friend who is on here had been selling from I think 1.13 in 2014 targetting 1.00 He was in 150k profit and guess what... market turned and it was ALL gone from a FOMC spike up. He was adding more sells as it was going up till maxed out. When I say ALL - I mean.... even profit outside of his forex broker account as he had to sell everything. The damage even ruined his love for forex and our friendship to a degree took a hit. I took a loss myself, but it was only £1000 so nothing in comparison. This forum was full of...
Your friend's first mistake was being greedy. His second mistake was being greedy. I have been there. I lost tens of thousands of dollars in the crypto market. I still feel the pain.
Learn from your mistakes and march on.
  • #1,167,617
  • Apr 28, 2020 9:39am Apr 28, 2020 9:39am
Hit my stop loss, but EURUSD sentiment still bullish. Will not chase the market, will re-enter when opportunity is there.
  • #1,167,618
  • Apr 28, 2020 9:43am Apr 28, 2020 9:43am
Quoting here2there
{quote} Your friend's first mistake was being greedy. His second mistake was being greedy. I have been there. I lost tens of thousands of dollars in the crypto market. I still feel the pain.
Definitely. I did warn him though. The head on people that get early forex success is very big so nothing worked lol.

You live and learn I guess.

Btw whilst 4HR is showing bullish on MACD then I'm going to keep building longs.

Cross incoming on the 15M MACD so could have possible move up from here shortly.

- Dre.
You can lead a horse to water, but you can't make it drink
  • #1,167,619
  • Apr 28, 2020 9:47am Apr 28, 2020 9:47am
H4 is still bullish but we may return to the support at 0812 - not impossible
  • #1,167,620
  • Apr 28, 2020 9:49am Apr 28, 2020 9:49am
Quoting xkwisit2001
{quote} I'll have you know, my friend who is on here had been selling from I think 1.13 in 2014 targetting 1.00 He was in 150k profit and guess what... market turned and it was ALL gone from a FOMC spike up. He was adding more sells as it was going up till maxed out. When I say ALL - I mean.... even profit outside of his forex broker account as he had to sell everything. The damage even ruined his love for forex and our friendship to a degree took a hit. I took a loss myself, but it was only £1000 so nothing in comparison. This forum was full of...
People need to be a more clever than that. If they are stupid enough to follow someone who's got 5 posts and no good calls, then its their problem really

This is the same as if you say "buy here with target and stop". People may follow and blame you (or not).

Everybody is responsible for their actions.

I have been stupid 15 years ago as well, i still remember, lesson learned
COT: The precious data ignored
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