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  • #113,601
  • Aug 18, 2020 9:48am Aug 18, 2020 9:48am
considering that the range of upward price movements for today has run out of limits, it is natural for a correction to occur

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The Average Discount Everything
  • #113,602
  • Aug 18, 2020 10:17am Aug 18, 2020 10:17am
price need above 1.19427 for bulls if no more down price below 1.19188
The Average Discount Everything
  • #113,603
  • Aug 18, 2020 10:40am Aug 18, 2020 10:40am
If H1 candles can't close back above 1.1933 it is likely that we will have a correction! Closed all my long positions. I am on sidelines now!

Stay Green
Focus only on what truly matters!
  • #113,604
  • Aug 18, 2020 10:52am Aug 18, 2020 10:52am
hi from czech republic... now risk free short 100 lots at 1.1957, 1st TP 1.1820

good luck
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  • #113,605
  • Aug 18, 2020 11:19am Aug 18, 2020 11:19am
Just sayin' #2
  • #113,606
  • Aug 18, 2020 12:10pm Aug 18, 2020 12:10pm
Quoting Wavegarrick
{quote} Hi Guys, What makes this time round a bit different for me is that we have a 4hr close above 1.190000, with the 3rd try up. I remain long until my system tells me otherwise. Trade safe Cheers. {image}
Hi Guys,
Trying a sell trade here 25 pip stop loss and will lock in asap.
Cheers
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Trade to trade another day
  • #113,607
  • Aug 18, 2020 2:59pm Aug 18, 2020 2:59pm
Quoting ursinho4711
Something I always find interesting as an engineer for signal processing: the behaviour just like in control technology. A little thing called "step response":
Another beautiful one today:

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  • #113,608
  • Aug 18, 2020 3:38pm Aug 18, 2020 3:38pm
Quoting macdulio
Just sayin' #2
Hmmm, tak to ti přeju hodně štěstí. Nemyslím si, že ten stop loss je realistický. Myslím, že v horizontu měsíců bude EUR/USD atakovat 1.24, i vzhledem k nejistotě voleb v USA.
  • #113,609
  • Aug 19, 2020 12:00am Aug 19, 2020 12:00am
perfect
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #113,610
  • Aug 19, 2020 12:13am Aug 19, 2020 12:13am
Quoting newbegger
{quote} shorted 1.1888, looking for 1.1777
A little sloppy on my post, my bad! Should have posted my tight stop.

That trade was a test and failed at 1.1917. I had insane busy day so I am out for now.
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Ecclesiastes 1:9
  • #113,611
  • Edited 1:25am Aug 19, 2020 12:54am | Edited 1:25am
first target for bulls today is price should be play above 1.19425 , below 1.19425 short term for bears, if bulls can do it, then next target to test 1.19663 and next to test 1.20 .... if fails price play above 1.19425, that is means price will be test 1.1906 as strong support, with bears target 1.18696 ... hopely we found strong bullish in London open
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The Average Discount Everything
  • #113,612
  • Aug 19, 2020 5:11am Aug 19, 2020 5:11am
High probability we might see 1.1880. I'm expecting this 4hr to close below 1.1915. I haven't added any trades yet. Once i see a 1hr moves below 1.1920, i'll enter the next swing high. If that happens, 1.1934 will be the resistance.

Lets see
  • #113,613
  • Aug 19, 2020 6:41am Aug 19, 2020 6:41am
...
imo:
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  • #113,614
  • Aug 19, 2020 7:23am Aug 19, 2020 7:23am
Quoting Anis
Look at the gap.. Other traders are angry. Can they claim if their accounts got mc during the problem? {image}
Anis explore trade let me learn
  • #113,615
  • Aug 19, 2020 7:57am Aug 19, 2020 7:57am
closing my longs on EU, expecting some bears on this level
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TMT Scalping System (Best system on FF)
  • #113,616
  • Aug 19, 2020 9:31am Aug 19, 2020 9:31am
I suspect that the market doesn't want the uptrend to continue, if the daily candle is a doji at the close of the market, there is a big suspicion that it doesn't really want an uptrend, less effort of demand
The Average Discount Everything
  • #113,617
  • Aug 19, 2020 10:07am Aug 19, 2020 10:07am
Quoting hesron
I suspect that the market doesn't want the uptrend to continue, if the daily candle is a doji at the close of the market, there is a big suspicion that it doesn't really want an uptrend, less effort of demand
It depends on the weekly close. A close below 1.1840, more downside. Now 1.1880 is imminent.
  • #113,618
  • Aug 19, 2020 10:11am Aug 19, 2020 10:11am
last chance for bulls to buy or game is over for uptrend ... so the last up movement is bull trap
The Average Discount Everything
  • #113,619
  • Aug 19, 2020 10:19am Aug 19, 2020 10:19am
Quoting hesron
last chance for bulls to buy or game is over for uptrend ... so the last up movement is bull trap
Caught me real good, but still looks bullish to me till yesterday low is taken out
Risk comes from not knowing what to do
  • #113,620
  • Aug 19, 2020 10:44am Aug 19, 2020 10:44am
Today I was short on everything. Eur, aus, nz. All paid me so good. I entered after the last 4hr close.
All hit TP. I still have only one Std running on EURUSD with the TP @1.1870.
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