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  • #1,172,941
  • Jun 18, 2020 12:18pm Jun 18, 2020 12:18pm
Confirmed. Eurusd and gbpjpy bearish. Analysis from daily chart. Have my sell positions on both currencies, ill hold it for a while as they are long term bearish. Trade safe.
  • #1,172,942
  • Jun 18, 2020 12:24pm Jun 18, 2020 12:24pm
Quoting Techanalyst
Confirmed. Eurusd and gbpjpy bearish. Analysis from daily chart. Have my sell positions on both currencies, ill hold it for a while as they are long term bearish. Trade safe.
I have sell positioned long term and no plans closing it unless Trump loses this coming election. Cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,172,943
  • Jun 18, 2020 12:30pm Jun 18, 2020 12:30pm
Looking for this to give a bit more up on the short side before a larger correction topside.

As I said in an earlier post I was late to this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 88.png Size: 64 KB
As the lights go by so too do the shadows move
  • #1,172,944
  • Jun 18, 2020 12:33pm Jun 18, 2020 12:33pm
Quoting Techanalyst
Confirmed. Eurusd and gbpjpy bearish. Analysis from daily chart. Have my sell positions on both currencies, ill hold it for a while as they are long term bearish. Trade safe.
Any levels as to where it will go if it is bearish??
Trade what you see, take what the market gives you.
  • #1,172,945
  • Jun 18, 2020 2:18pm Jun 18, 2020 2:18pm
Quoting VuLe
{quote} Any levels as to where it will go if it is bearish??
1.1210 or maximum 1.1230 region is best for sellers now
  • #1,172,946
  • Jun 18, 2020 2:23pm Jun 18, 2020 2:23pm
Quoting MrBullBear
Re-entered long at 1190... cheers!
Added more long entry at 1.1207... cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,172,947
  • Jun 18, 2020 2:24pm Jun 18, 2020 2:24pm
Quoting esemes
{quote} 1.1210 or maximum 1.1230 region is best for sellers now
those are higher levels...so not bearish...its currently at 1209....i think they were asking how low could it go
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  • #1,172,948
  • Jun 18, 2020 2:29pm Jun 18, 2020 2:29pm
Quoting MrBullBear
{quote} I have sell positioned long term and no plans closing it unless Trump loses this coming election. Cheers!
You must be nuts thinking Trump is gonna lose election, ain't ya. But really, you weren't serious, were you?
  • #1,172,949
  • Jun 18, 2020 2:39pm Jun 18, 2020 2:39pm
Quoting yvestrcz
{quote} You must be nuts thinking Trump is gonna lose election, ain't ya. But really, you weren't serious, were you?
"unless"
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  • #1,172,950
  • Jun 18, 2020 2:42pm Jun 18, 2020 2:42pm
Quoting mistaouting
{quote} those are higher levels...so not bearish...its currently at 1209....i think they were asking how low could it go
1.1167 to 1.1107
  • #1,172,951
  • Jun 18, 2020 3:21pm Jun 18, 2020 3:21pm
Quoting yvestrcz
{quote} You must be nuts thinking Trump is gonna lose election, ain't ya. But really, you weren't serious, were you?
I treat it as if am trading, we gotta be prepared both ways. Mind you, he was a long shot during Republican nominee and won. Then an underdog against the Democrat. He lost the majority vote but due to the current voting system, he won. But speaking about the trend going on from the past electoral for decade, incumbents always win.
I am not a Republican nor a Democrat. I did not vote for him last election. We don't like some of his doings, but speaking economically and wise spending... he is doing great! (Racism and discrimination aside. Lol,lol,lol).
Only an idiot knows with certainty to where the market is going.
  • #1,172,952
  • Jun 18, 2020 3:28pm Jun 18, 2020 3:28pm
Quoting esemes
{quote} 1.1167 to 1.1107
Sell stop should be at 1.1198 or sell limit must be below 1.123x region
Stay blessed !
  • #1,172,953
  • Jun 18, 2020 3:32pm Jun 18, 2020 3:32pm
Quoting MrBullBear
{quote} I treat it as if am trading, we gotta be prepared both ways. Mind you, he was a long shot during Republican nominee and won. Then an underdog against the Democrat. He lost the majority vote but due to the current voting system, he won. But speaking about the trend going on from the past electoral for decade, incumbents always win. I am not a Republican nor a Democrat. I did not vote for him last election. We don't like some of his doings, but speaking economically and wise spending... he is doing great! (Racism and discrimination aside....
his experience says it all. I dont vote period lol. Because I think the system is rigged.
But for him to go from billionaire to broke to billionaire.. god damn... I cant even become a millionaire yet... he has business experience and I think economic wise could be great. Although he lack in word knowledge. I think it could be a plus if you think positiveLy. His words are dumbed down to the majority to understand. Don’t ever underestimate a guy who has enough funds to pay for his own campaign. You may think he is dumb but he is a mastermind.

Aside from that.. looks like I am in good position for long xD... may set sl to BE as it go higher. Let see the next daily candle look like
Trade what you see, take what the market gives you.
  • #1,172,954
  • Jun 18, 2020 3:37pm Jun 18, 2020 3:37pm
Quoting esemes
{quote} Sell stop should be at 1.1198 or sell limit must be below 1.123x region Stay blessed !
I would actually look for a buy with a r:r of 1:3 at minimum.Trend is obviously bullish with a flag forming.It is quite simple actually, like a bouncing ball that does lower highs but highers/or not deeper lows, just wait for a bullish H4/Daily candle regarding your preferred TF and then get in with low risk/high reward with a stop loss a few pips below the last low.
LDFX Trading Ltd
  • #1,172,955
  • Jun 18, 2020 4:15pm Jun 18, 2020 4:15pm
Not going to lie.. 4hr candle still look strong heading south.. will be watching carefully.
might have to stay up tonight... expecting tmr to be a bit more rollercoaster
Trade what you see, take what the market gives you.
  • #1,172,956
  • Jun 18, 2020 4:26pm Jun 18, 2020 4:26pm
Quoting VuLe
Not going to lie.. 4hr candle still look strong heading south.. will be watching carefully. might have to stay up tonight... expecting tmr to be a bit more rollercoaster
I think you have a couple hours of lower lows....that's why I said earlier to get ready for a bumpy ride if your long now....as always market can and will go where it wants when it wants.....

but if you were wanting to play it long and you noticed a bull flag on the daily...the safe play is to enter when price breaks out the channel

I have a feeling price will move after the EU meeting tomorrow...which sucks because its a Friday

every vote counts! even its just to increase the number of registered voters where your live
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  • #1,172,957
  • Jun 18, 2020 4:36pm Jun 18, 2020 4:36pm
Quoting VuLe
Not going to lie.. 4hr candle still look strong heading south.. will be watching carefully. might have to stay up tonight... expecting tmr to be a bit more rollercoaster

We don’t want you to lie

Best would be to wait for previous bearish candle break, but even though it seems to me like a bullish inside bar on H4, ht given the low ATR of this candle I have a buy stop order 1 pip above last bearish candle.

Early bird catches the worm, only way to get a high r:r return, by anticipating.
LDFX Trading Ltd
  • #1,172,958
  • Jun 18, 2020 4:39pm Jun 18, 2020 4:39pm
Quoting mistaouting
{quote} I think you have a couple hours of lower lows....that's why I said earlier to get ready for a bumpy ride if your long now....as always market can and will go where it wants when it wants..... but if you were wanting to play it long and you noticed a bull flag on the daily...the safe play is to enter when price breaks out the channel I have a feeling price will move after the EU meeting tomorrow...which sucks because its a Friday every vote counts! even its just to increase the number of registered voters where your live

Nope, once price has broken the flag channel you are gonna be too late, requiring too much room for the stop enabling you to get a high r:r ratio, key is by anticipating the move.
LDFX Trading Ltd
  • #1,172,959
  • Jun 18, 2020 4:55pm Jun 18, 2020 4:55pm
Quoting LDFX
{quote} Nope, once price has broken the flag channel you are gonna be too late, requiring too much room for the stop enabling you to get a high r:r ratio, key is by anticipating the move.
the continuation "should be" a similar bullish move as the days before the formation of the flag and that was a few days of green candles....you want miss much waiting for conformation in price breaking out of the channel because it could very well not break out and or go south

I could understand buying at the bottom as well with a stop loss in place if price breaks out south....I don't agree with being to late if you waited for conformation ''IF" it was a bull flag...typically you would wait for a break out to enter

EDIT: because it very well could continue in moving down into next week
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  • #1,172,960
  • Jun 18, 2020 5:06pm Jun 18, 2020 5:06pm
Quoting mistaouting
{quote} I think you have a couple hours of lower lows....that's why I said earlier to get ready for a bumpy ride if your long now....as always market can and will go where it wants when it wants..... but if you were wanting to play it long and you noticed a bull flag on the daily...the safe play is to enter when price breaks out the channel I have a feeling price will move after the EU meeting tomorrow...which sucks because its a Friday every vote counts! even its just to increase the number of registered voters where your live

Every bounce counts... from here down there are is only free fall looking from 5min/30min/1h/4h... but it has to break through the big daily candle which happen to sit at 1.1190.. tonight will probably decide how eu is going to go. I want to buy at the cheapest price and sometime it can be pricey.
everything is by probability. If I am wrong, again, I will cut my loss.
Trade what you see, take what the market gives you.
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