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  • Post #111,001
  • Quote
  • Jun 19, 2020 10:59am Jun 19, 2020 10:59am
  •  JBlackburn
  • | Joined Jan 2016 | Status: Member | 9 Posts
Hi All - https://www.tradingview.com/chart/EU...-Trend-Change/
Be your own bank.
 
1
  • Post #111,002
  • Quote
  • Jun 19, 2020 11:01am Jun 19, 2020 11:01am
  •  gettoefl
  • Joined Mar 2013 | Status: Member | 880 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Trust me it has a lot to do with luck.. but anyways I won't open a new discussion.. If you know you know.. Stay Green
Ignored
yes well said when you know more you no more ... so true
twitter: @gettoefl
 
 
  • Post #111,003
  • Quote
  • Jun 19, 2020 11:05am Jun 19, 2020 11:05am
  •  Flouxpar
  • | Joined Mar 2015 | Status: Member | 5 Posts
Today is really untamed
 
 
  • Post #111,004
  • Quote
  • Jun 19, 2020 11:07am Jun 19, 2020 11:07am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
i hope you guys closed your shorts.
 
 
  • Post #111,005
  • Quote
  • Jun 19, 2020 11:08am Jun 19, 2020 11:08am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 17,915 Posts
Quoting gettoefl
Disliked
{quote} yes well said when you know more you no more ... so true
Ignored
No I mean it.. if a pattern gives me a certain behavior 85/90% of a time (at least based on my own study) and one member gets that rare 10/15% option easier compared when I try I call him lucky.. (based on that I have not that much luck).. Today's drop happened after a H4 candle CLOSE above wma 17.. Not a candle piercing above.. A candle close above! That is statistically rare and I stay away from shorting such.. Simple as that!

Stay Green
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 21.7%
 
1
  • Post #111,006
  • Quote
  • Jun 19, 2020 11:11am Jun 19, 2020 11:11am
  •  Rennaissance
  • Joined Oct 2017 | Status: Member | 756 Posts
Quoting Traderview
Disliked
i hope you guys closed your shorts.
Ignored
Why ?
Every trade is different
 
 
  • Post #111,007
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  • Jun 19, 2020 11:12am Jun 19, 2020 11:12am
  •  Rennaissance
  • Joined Oct 2017 | Status: Member | 756 Posts
What do you see that necessitates getting out of short?
Every trade is different
 
 
  • Post #111,008
  • Quote
  • Jun 19, 2020 11:13am Jun 19, 2020 11:13am
  •  selfrit
  • | Joined Jun 2018 | Status: Member | 152 Posts
wow what a FRYday.

2 sudden big news only in few hours.

but still TA giving the edge that we need.
 
 
  • Post #111,009
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  • Jun 19, 2020 11:15am Jun 19, 2020 11:15am
  •  sqaguru
  • | Joined May 2016 | Status: Member | 433 Posts
Crazy day! Most likely this was caused by the options and futures expiration-related trading. I had left an order to sell at 1.1239 which I rode down to 1.1180. Then I went long at 1.1170. Short term, resistance looks to be near 1.1220.
 
 
  • Post #111,010
  • Quote
  • Jun 19, 2020 11:16am Jun 19, 2020 11:16am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
Quoting Rennaissance
Disliked
What do you see that necessitates getting out of short?
Ignored
when the retracements are between or more than 35- 50%, i usually close it. My policy is get in and get out. Here 1.1236 is the resistance and it pulled back all the way to 1.1216 from 1.1274. And now you do the math.
 
1
  • Post #111,011
  • Quote
  • Jun 19, 2020 11:16am Jun 19, 2020 11:16am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 17,915 Posts
Based on H1 1.12155 is still my crucial level.. While candles close below I don't open longs!

Stay Green
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 21.7%
 
 
  • Post #111,012
  • Quote
  • Jun 19, 2020 11:18am Jun 19, 2020 11:18am
  •  gettoefl
  • Joined Mar 2013 | Status: Member | 880 Posts
twenty minutes til arrival
twitter: @gettoefl
 
 
  • Post #111,013
  • Quote
  • Jun 19, 2020 11:19am Jun 19, 2020 11:19am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
Quoting Ata-Turkoglu
Disliked
Based on H1 1.12155 is still my crucial level.. While candles close below I don't open longs! Stay Green
Ignored
do not open long until you see a candle closing above 1.1232 - 1.1236.
 
1
  • Post #111,014
  • Quote
  • Jun 19, 2020 11:30am Jun 19, 2020 11:30am
  •  Rennaissance
  • Joined Oct 2017 | Status: Member | 756 Posts
Quoting selfrit
Disliked
wow what a FRYday. 2 sudden big news only in few hours. but still TA giving the edge that we need.
Ignored
What where they?
Every trade is different
 
 
  • Post #111,015
  • Quote
  • Jun 19, 2020 11:35am Jun 19, 2020 11:35am
  •  hdlSA
  • Joined May 2018 | Status: Member | 266 Posts
Im short

12000 needs to hold, see what it did on the 4th of June, I think the spike up was to get stops but also to hook bulls playing the 4th of June scenario.
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSD M15 19 June 2020 v1.png
Size: 79 KB
Trade it as it lies
 
3
  • Post #111,016
  • Quote
  • Jun 19, 2020 11:37am Jun 19, 2020 11:37am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 17,915 Posts
Quoting Traderview
Disliked
{quote} do not open long until you see a candle closing above 1.1232 - 1.1236.
Ignored
I don't even think of longs while H1 candles are below 1.1192.. Based on H1 I stay bearish for now..

*But also notice the 3 in a row macd divergences..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSD-H1-Status-Update.png
Size: 30 KB
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 21.7%
 
2
  • Post #111,017
  • Quote
  • Jun 19, 2020 11:40am Jun 19, 2020 11:40am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
Quoting Ata-Turkoglu
Disliked
{quote} I don't even think of longs while H1 candles are below 1.1192.. Stay Green
Ignored
thats my man.
 
1
  • Post #111,018
  • Quote
  • Jun 19, 2020 11:41am Jun 19, 2020 11:41am
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
Nick's Lesson #8
 
 
  • Post #111,019
  • Quote
  • Jun 19, 2020 11:57am Jun 19, 2020 11:57am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
Quoting Ata-Turkoglu
Disliked
{quote} I don't even think of longs while H1 candles are below 1.1192.. Based on H1 I stay bearish for now.. *But also notice the 3 in a row macd divergences.. Stay Green {image}
Ignored
the lower lows are very tighter i.e it's stretched. Without the histo, the graph for 1&2 is almost flat. The 3rd one is showing good.
whenever prices get squeezed, it tries to go to previous high and usually happens consolidation before making a correction.
 
2
  • Post #111,020
  • Quote
  • Jun 19, 2020 12:09pm Jun 19, 2020 12:09pm
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,282 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Careful with shorting.. rarely it really drops right after close above wma 17 BUT often it is a continuation into the direction where the close happened.. In today's case: Potentially some 50 to 120 pips move to the upside! Stay Green {image}
Ignored
In this WMA, IMO- 2/3 rd of the price or candle should be above the line. Then it'll give you the concrete sign. But here, only candle closed but the 75% the price is within the line. So i wouldn't take it it as a sign.
 
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