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  • #118,141
  • Nov 8, 2020 10:18pm Nov 8, 2020 10:18pm
Just took long but fractal getting rejected.. maybe taken out soon
BE+ lightning fast
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Don't mind me.. i'm crazy
  • #118,142
  • Nov 8, 2020 10:28pm Nov 8, 2020 10:28pm
Quoting klm1011
Happy Good Riddance Trump day to everyone..... People far and away are rejoicing .... May the markets be with you.
As a trader, we should love Trump. He brings volatility in the financial markets more than anyone..
I will tear the world apart for you.
  • #118,143
  • Nov 8, 2020 11:26pm Nov 8, 2020 11:26pm
Quoting klm1011
Happy Good Riddance Trump day to everyone..... People far and away are rejoicing .... May the markets be with you.
We in Africa are very happy because as you know we are counter productive and Trump was not very sympathetic to the begging bowl.
  • #118,144
  • Nov 8, 2020 11:48pm Nov 8, 2020 11:48pm
Quoting Maroc-Ismail
Calling it a day! I will keep my sell order over the weekend. I will stretch my stop loss a bit though in case of a potential gap on Monday. I'll have to do it with the 20 pips from this morning. Glad I could trade today after such a long time! Have a nice weekend guys! See you on Monday!
I am closing my sell order with -30. Let’s focus on LO.
  • #118,145
  • Nov 9, 2020 12:06am Nov 9, 2020 12:06am
Quoting Maroc-Ismail
{quote} I am closing my sell order with -30. Let’s focus on LO.
Close at 1.1882
  • #118,146
  • Nov 9, 2020 2:27am Nov 9, 2020 2:27am
The H4 hanging man (inverted hammer) candle from Friday affects current flow.. Beware of fake bull moves but more importantly: Wait for volume before you risk anything. Ghost market so far!

*1.1874/79 is my nearest support on M15..

Stay Green
Focus only on what truly matters!
  • #118,147
  • Nov 9, 2020 2:33am Nov 9, 2020 2:33am
Quoting Ata-Turkoglu
The H4 hanging man (inverted hammer) candle from Friday affects current flow.. Beware of fake bull moves but more importantly: Wait for volume before you risk anything. Ghost market so far! *1.1874/79 is my nearest support on M15.. Stay Green
Good day ATA, i think the picture will be clearer when the gap is close at 1.18744 area
  • #118,148
  • Nov 9, 2020 2:48am Nov 9, 2020 2:48am
Quoting Ata-Turkoglu
The H4 hanging man (inverted hammer) candle from Friday affects current flow.. Beware of fake bull moves but more importantly: Wait for volume before you risk anything. Ghost market so far! *1.1874/79 is my nearest support on M15.. Stay Green
M15 support has been broken. I will begin to sell pullbacks. Nearest pullback area: 1.1880/85

*A M15 candle close back above 1.1885 would mean market is choppy and therefore I would stay away. But for now selling seems better.

Stay Green
Focus only on what truly matters!
  • #118,149
  • Nov 9, 2020 2:49am Nov 9, 2020 2:49am
Quoting Barnell
{quote} As a trader, we should love Trump. He brings volatility in the financial markets more than anyone..
Pips can be made as a trader with or without Trump.... but i see what you mean.
Morality and Ethics cann't make pips with Trump....
May the markets be with you.
  • #118,150
  • Nov 9, 2020 2:55am Nov 9, 2020 2:55am
Quoting klm1011
{quote} Pips can be made as a trader with or without Trump.... but i see what you mean. Morality and Ethics cann't make pips with Trump.... May the markets be with you.
Pips can be made with or without Trump, but with Trump, it becomes more volatile and hence easier.

Yeah, I'm not a godlike trader, I don't mind getting help. My goal is more pips and more money, not moral and ethics. I trade full-time and allocate a portion of the income to leisure to destress from watching the charts and this leisure includes heavy drinking and hookers.

On topic, EUR/USD is still bullish imo-bears need to break down 1.183x before I turn bearish.
I will tear the world apart for you.
  • #118,151
  • Nov 9, 2020 2:57am Nov 9, 2020 2:57am
Quoting Maroc-Ismail
{quote} I am closing my sell order with -30. Let’s focus on LO.
I jumped back in on 1,1870. Party might have started. I may add to my position.
  • #118,152
  • Edited 3:17am Nov 9, 2020 2:57am | Edited 3:17am
Good morning amigos... hope everyone is alive and kicking...
Closed one sell for 25 pips , another running at present.......
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  • #118,153
  • Nov 9, 2020 3:08am Nov 9, 2020 3:08am
Quoting Ata-Turkoglu
The H4 hanging man (inverted hammer) candle from Friday affects current flow.. Beware of fake bull moves but more importantly: Wait for volume before you risk anything. Ghost market so far! *1.1874/79 is my nearest support on M15.. Stay Green
Wish to share a correction.
Hanging man and inverter hammer technically is two opposite candlestick pattern. Hanging man firmation usually forming at the top of a trend and inverter hammer is forming at the bottom. Also the hanging man you mentioned actually look like a hammer candle but it is not called as hammer (not inverted hammer ).
(Inverted hammer look like a shooting star pattern type candle, but inverted hammer is not called as a shooting star and only difference is, its size of the wick should be minimum 2 times the size of the real body which we often seen at the end of a rally at top which you already know.).
  • #118,154
  • Nov 9, 2020 3:13am Nov 9, 2020 3:13am
Quoting Barnell
{quote} Pips can be made with or without Trump, but with Trump, it becomes more volatile and hence easier. Yeah, I'm not a godlike trader, I don't mind getting help. My goal is more pips and more money, not moral and ethics. I trade full-time and allocate a portion of the income to leisure to destress from watching the charts and this leisure includes heavy drinking and hookers. On topic, EUR/USD is still bullish imo-bears need to break down 1.183x before I turn bearish.
You have summerized it very well for people still scratching their heads and thinking what's wrong with the world.
Not Ad Hominem.
Peace out...
  • #118,155
  • Nov 9, 2020 3:14am Nov 9, 2020 3:14am
Just sold 1.1884.. Stops must go a little above 1.1922..

Stay Green
Focus only on what truly matters!
  • #118,156
  • Nov 9, 2020 3:21am Nov 9, 2020 3:21am
Quoting Ata-Turkoglu
Just sold 1.1884.. Stops must go a little above 1.1922.. Stay Green
I was tempted to sell too, but I think I need a bit more bearish confirmation to be honest...however a scalp short may present itself shortly as it comes up to the 1.18900+ mark. A retest of the prior extremes and rejection/resistance may be telling signs. H4 starting to show indecision although bulls will have another attempt I think...let's see if it gets rejected off the 1.18985 high it just made...
I enjoy your posts. I am a full time trader (and doing my final year of doctorate here in Queensland, Australia).
  • #118,157
  • Nov 9, 2020 3:23am Nov 9, 2020 3:23am
Early bear signs though further supports needs to be broken for bear confirmation...... price heading into squeeze at multiple levels...
  • #118,158
  • Nov 9, 2020 3:31am Nov 9, 2020 3:31am
Please study the hanging man pattern here and don't get fooled..

Inverted Hammer is just the logical name of Hanging man since it looks like an inverted hammer! That's all.

This candle (just like all the other candle patterns can appear in both "at tops" and "at bottoms" but generally it is believed to work better when it appears at tops (so it can be said that it signals bearish reversals). There is nothing that contradicts with trading these patterns on both ends. Period!

Now.. if you want to learn how to trade the hanging man candle.. Here are some links:
https://www.elearnmarkets.com/blog/h...stick-pattern/

https://www.thinkmarkets.com/en/lear...stick-pattern/

https://www.dailyfx.com/education/ca...nging-man.html

Stay Green
Focus only on what truly matters!
  • #118,159
  • Nov 9, 2020 3:35am Nov 9, 2020 3:35am
Quoting four.owls
{quote} I was tempted to sell too, but I think I need a bit more bearish confirmation to be honest...however a scalp short may present itself shortly as it comes up to the 1.18900+ mark. A retest of the prior extremes and rejection/resistance may be telling signs. H4 starting to show indecision although bulls will have another attempt I think...let's see if it gets rejected off the 1.18985 high it just made... I enjoy your posts. I am a full time trader (and doing my final year of doctorate here in Queensland, Australia).
Sure.. if you are hesitant staying away is better.. I simply follow my M15 chart signals and it is already clear to me.. Is it a guarantee? No of course not.. Nothing is! Enjoy the thread

Edit: Based on my potential daily range I can understand your concern BUT it is the daily.. Generally bulls don't push that fast..

Stay Green
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Focus only on what truly matters!
  • #118,160
  • Nov 9, 2020 3:37am Nov 9, 2020 3:37am
Sold at 1.18836
SL 1.1903
TP open
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