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EURUSD only

  • #116,021
  • Oct 14, 2020 10:40am Oct 14, 2020 10:40am
Quoting Ata-Turkoglu
{quote} I am expecting a slow, grinding drop until 1.1710 first.. then maybe 1.1670 based on momentum.. finally we hope to see 1.1500 this month or latest next month.. I have two orders.. One at 1.1767.. Will keep closing with +10 to +15 pips.. The other order was opened at 1.1737 and has to wait for a while.. Stay Green

good to know, thank you, I appreciate the input.
  • #116,022
  • Oct 14, 2020 10:44am Oct 14, 2020 10:44am
If it breaks this resistance right now, we'll probably be playing in the 1800s again very soon. If not, could just range between the 1770 and 1740s for quite while before continuing it's course. happy range trading day !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,023
  • Oct 14, 2020 10:51am Oct 14, 2020 10:51am
H1 Status Update

Meanwhile on H1... Bears have to defeat my GREEN line..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 29 KB
Focus only on what truly matters!
  • #116,024
  • Oct 14, 2020 10:55am Oct 14, 2020 10:55am
Again. closing one trade from 1.1767 here at 1.1756.. (+11 pips)

Rinse and repeat until drawdown fully melts away..

Stay Green
Focus only on what truly matters!
  • #116,025
  • Oct 14, 2020 11:00am Oct 14, 2020 11:00am
Quoting Ata-Turkoglu
Again. closing one trade from 1.1767 here at 1.1756.. (+11 pips) Rinse and repeat until drawdown fully melts away.. Stay Green
How do you decide to close with 11 pips? What if it keeps going after you close? Do you look at the M1 chart to decide?
Observation is the path to discovery.
  • #116,026
  • Oct 14, 2020 11:00am Oct 14, 2020 11:00am
Now it's time for a sell. Selling at 1.17600 TP 1.17200 Sl is open for now.
  • #116,027
  • Oct 14, 2020 11:07am Oct 14, 2020 11:07am
a critical support still there only 5-10 pips below price
hoping its tested soon
some sell positions can be closed
  • #116,028
  • Oct 14, 2020 11:07am Oct 14, 2020 11:07am
Quoting Alorente
{quote} How do you decide to close with 11 pips? What if it keeps going after you close? Do you look at the M1 chart to decide?
Perhaps this support and rejection ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (1797).png Size: 26 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,029
  • Oct 14, 2020 11:10am Oct 14, 2020 11:10am
Quoting Alorente
{quote} How do you decide to close with 11 pips? What if it keeps going after you close? Do you look at the M1 chart to decide?
Yes.. to close extra scalper trades like this I have to go to the M1 and do whatever I would normally do on H1..

If it keeps going after I close means my other trade will have lesser drawdown.. That's the real order that I care for the most.. But meanwhile we can't stop and just wait it to be freed from drawdown.. We keep working on another trade.. I hope you get the logic..

Stay Green
Focus only on what truly matters!
  • #116,030
  • Oct 14, 2020 11:21am Oct 14, 2020 11:21am
here comes the test
slice it baby.... come on like through butter............?!!!
  • #116,031
  • Oct 14, 2020 11:24am Oct 14, 2020 11:24am
Quoting procrude
I am hoping to see a Drop again. Sold @ 1.1764
Just closed my short
Drawdown is more important than Account Size !
  • #116,032
  • Oct 14, 2020 11:26am Oct 14, 2020 11:26am
Quoting Ata-Turkoglu
{quote} Yes.. to close extra scalper trades like this I have to go to the M1 and do whatever I would normally do on H1.. If it keeps going after I close means my other trade will have lesser drawdown.. That's the real order that I care for the most.. But meanwhile we can't stop and just wait it to be freed from drawdown.. We keep working on another trade.. I hope you get the logic.. Stay Green
Thanks Ata. Good system.
Observation is the path to discovery.
  • #116,033
  • Oct 14, 2020 11:31am Oct 14, 2020 11:31am
Now we have to see if bears can drop back roughly below 1.1744 again.. ZZzzzzzzz...

*We must also make sure if 1.17585 is becoming resistance or not.. That's the level where I am planning to add my next scalper sell order.. Let's see..

Stay Green
Focus only on what truly matters!
  • #116,034
  • Oct 14, 2020 12:11pm Oct 14, 2020 12:11pm
We've had nice movements for swing scalping today. It seems this is the end of that, at least for me it is, SL at BE till a few minutes before the news, who knows.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (1801).png Size: 17 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,035
  • Oct 14, 2020 12:15pm Oct 14, 2020 12:15pm
50 pips range.. so lame.

i dont think its going to move much
more today.
tomorrow im expect a retest
of today high at least on london sesssion.
after idk.. eu back to this poor range like last week
  • #116,036
  • Oct 14, 2020 12:26pm Oct 14, 2020 12:26pm
Still holding sell from 1.17710
  • #116,037
  • Oct 14, 2020 12:31pm Oct 14, 2020 12:31pm
next move will be a breakout but waiting patiently
price in has a slight bullish hint at present but its 50/50 for now , hoping it would be towards sells
  • #116,038
  • Oct 14, 2020 1:33pm Oct 14, 2020 1:33pm
Quoting Godzilla
{quote} Long at 1748. Still have shorts from 1735.
Closed long for 1 pip. Won’t change bearish bias until 1770+ is touched
  • #116,039
  • Oct 14, 2020 1:44pm Oct 14, 2020 1:44pm
Quoting Godzilla
{quote} Closed long for 1 pip. Won’t change bearish bias until 1770+ is touched
Might just happen sooner than one thinks
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #116,040
  • Oct 14, 2020 3:42pm Oct 14, 2020 3:42pm
price seems to be testing the resistance
though its almost broker close time
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