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  • #119,161
  • Nov 18, 2020 8:11am Nov 18, 2020 8:11am
Quoting andvk74
{quote} On what time frame?
I was talking about H1.
  • #119,162
  • Nov 18, 2020 8:14am Nov 18, 2020 8:14am
Unless we see a 30min closes below 1.1856, there's no bear momentum. If this 4hr closes below it, i'd take it as a confirmation of near term bearish trend.
  • #119,163
  • Nov 18, 2020 8:22am Nov 18, 2020 8:22am
Now, for bears no 15 min closes above 1.1872.
  • #119,164
  • Nov 18, 2020 8:27am Nov 18, 2020 8:27am
Quoting eleufski
Nothing to say, just the plan. {image}
Im in this both trades and recognise Im getting nervous.
I'm trying to do breating exercises like Rande Howell teach.

A trader must be confortable trading, you only have to follow your plan, right?
Now im going to take a ride on my Lambo-bike.

I take advantage of this situation of uncertainty to ask for some recommendation on psychology and trading books.

Thank you.
  • #119,165
  • Nov 18, 2020 8:49am Nov 18, 2020 8:49am
Paralysis from ...over... analysis ....can be one possible cause.......
  • #119,166
  • Nov 18, 2020 9:23am Nov 18, 2020 9:23am
Quoting Wavegarrick
{quote} Hi Guys, Ata was right. My sell trade trail stops were taken out with small profits. Well done Ata and all others that got in early with your buy trades There hasn't been much in it for me this week. I did manage to get in on some buys yesterday. We are in this narrow rising channel with little impetus. My system is nearing the end of this cycle. A break below my rising channel could see bears come to the fore, a break above could see bull momentum. Anyway, I'll update accordingly. Trade safe Cheers {image}
Hi Guys,
For those of you that have followed me in the past year. Many thanks. It has helped me stay on top of my game. I will probably start unwinding some of my buy positions in due course as we are nearing year end. It has been a nice ride with EU but at times frustrating.

I will trade going into December, but cautiously,

All the best
Cheers
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Trade to trade another day
  • #119,167
  • Nov 18, 2020 9:28am Nov 18, 2020 9:28am
Lets try to scare bulls..................Bad bulls ... be gone ... demon...
  • #119,168
  • Nov 18, 2020 9:46am Nov 18, 2020 9:46am
meh... lower lows... SOLD!
Emotional Control. Process, not outcome.
  • #119,169
  • Nov 18, 2020 9:57am Nov 18, 2020 9:57am
last week high as target
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  • #119,170
  • Edited 11:39am Nov 18, 2020 10:06am | Edited 11:39am
Honestly none of my system indicators have turned bearish yet ... have been pattern trading for the last 100 pips.
However last retracement has touched a level creating cracks in the uptrend -- await bear confirmation though.....
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  • #119,171
  • Nov 18, 2020 10:09am Nov 18, 2020 10:09am
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  • #119,172
  • Nov 18, 2020 10:13am Nov 18, 2020 10:13am
At this point, it could go either way. Seems we will have an inside bar today. Hinting bull weakness . Bears are slowly taking over
Risk comes from not knowing what to do
  • #119,173
  • Nov 18, 2020 10:20am Nov 18, 2020 10:20am
Sell at 1,1865.
  • #119,174
  • Nov 18, 2020 11:01am Nov 18, 2020 11:01am
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  • #119,175
  • Edited 11:21am Nov 18, 2020 11:05am | Edited 11:21am
Just a cautious note¬ as far as I have studied EU and its policies, todays news about investigation of Hungary and Poland vetoing the stimulus agreement undermining the EU law seems serious issue. I think this might grow into full blown issue in couple of days.

This episode has opened up the debate of potential future of the "European Project" ( J Stiglitz)

This will I think might restrict the advancement of the pair.
  • #119,176
  • Nov 18, 2020 11:41am Nov 18, 2020 11:41am
Quoting Ata-Turkoglu
Just sold 1.18705.. Stops must go a little above 1.1893.. Stay Green
Moving SL to BE (Zero risk)... Volume is super low.. I leave it like this and call it a day.. Hopefully I continue tomorrow after Frankfurt opening.. Trade safe folks

Stay Green
Focus only on what truly matters!
  • #119,177
  • Nov 18, 2020 11:42am Nov 18, 2020 11:42am
Quoting klm1011
For bear enthusiasts sell zone that could be used would probably be from 1.18817--- 1.19030 the higher the better r/r All SL well above 1.19030 Bulls should benifit from rather deeper retraces than shallow ones.
As previously indicated..........
  • #119,178
  • Nov 18, 2020 11:43am Nov 18, 2020 11:43am
Quoting klm1011
Spike ups to kill SL's to around 1.18962 are possible..... lets see ....
Ahh .. those killers revisits...........
  • #119,179
  • Nov 18, 2020 11:58am Nov 18, 2020 11:58am
Quoting Ata-Turkoglu
{quote} Moving SL to BE (Zero risk)... Volume is super low.. I leave it like this and call it a day.. Hopefully I continue tomorrow after Frankfurt opening.. Trade safe folks Stay Green
Howdy, was just wondering if you are referring to the Frankfurt stock exchange opening or if there is an "official" FX opening hour for Frankfurt? Just in order to know when I should get up...
Another day, another dollar.
  • #119,180
  • Edited 12:48pm Nov 18, 2020 12:09pm | Edited 12:48pm
Quoting nic9man
{quote} Howdy, was just wondering if you are referring to the Frankfurt stock exchange opening or if there is an "official" FX opening hour for Frankfurt? Just in order to know when I should get up...
Oh boy lol.. It's no mission like 9:00 to 5:00 workers buddy relax..

*I meant Frankfurt Stock Exchange opening when I was mentioning "Frankfurt Open".. That's generally where European markets' volume starts to kick in..

Stay Green
Focus only on what truly matters!
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