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EURUSD

  • #1,172,461
  • Jun 12, 2020 9:49am Jun 12, 2020 9:49am
first target got hit
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yes yes yes
  • #1,172,462
  • Jun 12, 2020 9:55am Jun 12, 2020 9:55am
Quoting VuLe
{quote} most likely... especially with this week candle bar now is becoming red(tail)... if it stays below 1.1290 (very likely) gap down. But I do not want to give back to the market anymore... made enough yesterday on UC to cover today’s profit lol... lost 7pip on a mini 1 lot . Forex is like my investment, hobby, entertainment. Nowadays I cant find anything fun other than trying to build this portfolio. I hate the weekends now lol. Does anyone feel that way??
Don't get me wrong...."possible gap down" is definitely news dependent over weekend and that's if market doesn't sell off what's needed today. It would take some serious news....like government action to slow increase of new cases (doubt it happens, the imbalance with increase cases vs economic stress from shutting down isn't great enough) think they will open up and leave it to the people to decide on risk and mitigation EDIT: that way more economic activity can pick back up but it still some people will not all get back the previous norm and still expecting a reduction in activity but that's better than forcing shut downs...

almost like they are experimenting to see how much activity we get and how much incases in spread we get, which should be less now more people see its real and have learned how to fight the virus a little....therefore I don't expect this risk off sentiment to last long before investors ease back out the USD

But there is a possibility is all I'm saying...but not much at all
LOCK IN RE-ENTER
  • #1,172,463
  • Jun 12, 2020 9:56am Jun 12, 2020 9:56am
Cant work out these gartley till the last wave comes down

Evil price action! skimming everything from the top and bottom.
I think we just hit 78% supply area.
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Founder of Sutherland Wave Principle
  • #1,172,464
  • Jun 12, 2020 9:57am Jun 12, 2020 9:57am
Quoting Erto
Sold n 8 pips in profit
Fear not God is Watching forex trading 10 pips in profit again ,100% profit efficient
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I'm enjoying the wins because I was once terrified by loses
  • #1,172,465
  • Jun 12, 2020 9:58am Jun 12, 2020 9:58am
Quoting Siame
SHORT 1.13042
Quoting Siame
Added 1.13149
Target at 1.12140
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  • #1,172,466
  • Jun 12, 2020 10:11am Jun 12, 2020 10:11am
Quoting suthmo
Cant work out these gartley till the last wave comes down Evil price action! skimming everything from the top and bottom. I think we just hit 78% supply area. {image}
Forex don'thave suppply and demand.
  • #1,172,467
  • Jun 12, 2020 10:12am Jun 12, 2020 10:12am
Quoting mistaouting
{quote} Don't get me wrong...."possible gap down" is definitely news dependent over weekend and that's if market doesn't sell off what's needed today. It would take some serious news....like government action to slow increase of new cases (doubt it happens, the imbalance with increase cases vs economic stress from shutting down isn't great enough) think they will open up and leave it to the people to decide on risk and mitigation EDIT: that way more economic activity can pick back up but it still some people will not all get back the previous norm...
I understand that xD... I don’t often hold over the weekend. Rather trade technical than gaps and blow up my account.

honestly, I have to give a big Thanks to Siame, Moty(chart), and PatienceFX. You guys really saved me. I was a bit bias On bull side and was really going to end up taking -35pip loss. After the fake bull trap, I was able to convince myself to exit the market. I ended up taking a different approach and took this time to buy USD but not against euro but against cad.
Thanks again, I was able to make a bit extra to blow on strippers now.
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Trade what you see, take what the market gives you.
  • #1,172,468
  • Jun 12, 2020 10:14am Jun 12, 2020 10:14am
Quoting PatienceFx
it does not matter if its Friday, action happens till the last drop
after 2 hours i am having a tough time controlling my laughter

my post ws based on an ad and eu did just that

Inserted Video
  • #1,172,469
  • Jun 12, 2020 10:19am Jun 12, 2020 10:19am
Quoting VuLe
{quote} I understand that xD... I don’t often hold over the weekend. Rather trade technical than gaps and blow up my account. honestly, I have to give a big Thanks to Siame, Moty(chart), and PatienceFX. You guys really saved me. I was a bit bias On bull side and was really going to end up taking -35pip loss. After the fake bull trap, I was able to convince myself to exit the market. I ended up taking a different approach and took this time to buy USD but not against euro but against cad. Thanks again, I was able to make a bit extra to blow on strippers...
bull will be back next week lol....giving those bulls good positions to go long
LOCK IN RE-ENTER
  • #1,172,470
  • Jun 12, 2020 10:24am Jun 12, 2020 10:24am
Quoting VuLe
{quote} you are correct. As a smart choice, I will stay out and watch for now. Your analysis shows a drop but I can not fight this daily/weekly candle upside until it is broken. Currently it is a sideline for me. I hope you calls are correct bc Ill be watching to snap quick 10-20pips. I guess thats call scalping?? MrBull?? Edit* entered small buy 1.1305 sl 1.1270 (35pip) tp above 1.14xx (100pip or more) really cant stay out. My life is screwed.. Forex took over.
eu is good till the last drop

  • #1,172,471
  • Jun 12, 2020 10:26am Jun 12, 2020 10:26am
Clear break below 1.1220 and we're heading to 1.1160s for take profit of shorts and good long from there
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,172,472
  • Jun 12, 2020 10:30am Jun 12, 2020 10:30am
give the poor thing a break, don't stretch it too much

1240 level is important for now
  • #1,172,473
  • Jun 12, 2020 10:33am Jun 12, 2020 10:33am
Quoting PatienceFx
give the poor thing a break, don't stretch it too much 1240 level is important for now
infact booked all trades at 1240 , will sleep calmly over the weekend
  • #1,172,474
  • Jun 12, 2020 10:36am Jun 12, 2020 10:36am
Quoting PatienceFx
{quote} infact booked all trades at 1240 , will sleep calmly over the weekend
the reason: i hate guns that recoil hard lmao

macd h1
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  • #1,172,475
  • Jun 12, 2020 10:39am Jun 12, 2020 10:39am
Quoting PatienceFx
{quote} the reason: i hate guns that recoil hard lmao macd h1 {image}
what happen to the last drop!!! We just need to wait for the next 4h candle. In 2hrs 30min. So I agree 1.1240 will hold for now. Depends on the rest of the day. I set my sl to where I lost 7pip earlier. And will close out with what the market gives me before closing hours. Cheers to you guys! Thanks for sharing you analysis. I will use the weekend to learn more about scalping/weekly pivot point/ and not to be bias. Thats my homework.

Edit* lol just like that.. I get stopped after posting this.
Trade what you see, take what the market gives you.
  • #1,172,476
  • Jun 12, 2020 10:50am Jun 12, 2020 10:50am
Quoting VuLe
{quote} what happen to the last drop!!! We just need to wait for the next 4h candle. In 2hrs 30min. So I agree 1.1240 will hold for now. Depends on the rest of the day. I set my sl to where I lost 7pip earlier. And will close out with what the market gives me before closing hours. Cheers to you guys! Thanks for sharing you analysis. I will use the weekend to learn more about scalping/weekly pivot point/ and not to be bias. Thats my homework. Edit* lol just like that.. I get stopped after posting this.
i booked 70% gain in a single trade and left the table for the week

when using any indicator read the patterns not the line cross, indicators try to help read pa better they do not guarantee profits
  • #1,172,477
  • Jun 12, 2020 11:49am Jun 12, 2020 11:49am
Looking for a 7th sub wave to take us to 4 down of 3 up.
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Founder of Sutherland Wave Principle
  • #1,172,478
  • Jun 12, 2020 12:17pm Jun 12, 2020 12:17pm
Hope to see 1.16sss before this six I'm pinned upside down on drains my account!
Hopefully at the outer limit for this wave down! Tried to catch this for the last 8 days, new high and now switched to buy and pinned upside down.
Founder of Sutherland Wave Principle
  • #1,172,479
  • Jun 12, 2020 12:27pm Jun 12, 2020 12:27pm
Quoting PatienceFx
{quote} infact booked all trades at 1240 , will sleep calmly over the weekend
cant sleep now knowing that you exit and it dropped again >.>.... you just had to wait for the next 4hr candle thats it.. it happen to me all the time... exit to early.
but congrats, your profit is locked.
Trade what you see, take what the market gives you.
  • #1,172,480
  • Jun 12, 2020 12:32pm Jun 12, 2020 12:32pm
Quoting suthmo
Hope to see 1.16sss before this six I'm pinned upside down on drains my account! Hopefully at the outer limit for this wave down! Tried to catch this for the last 8 days, new high and now switched to buy and pinned upside down.
are you long? it looks like a topping pattern to me, for next few days it will be in the down trend
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