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EURUSD only

  • #121,401
  • Dec 8, 2020 8:55am Dec 8, 2020 8:55am
still holding my sell from higher up running at around 30 ish pips..........
  • #121,402
  • Dec 8, 2020 8:57am Dec 8, 2020 8:57am
Quoting Ata-Turkoglu
Sold at 1.2133.. Stops should go a little above 1.2155.. Stay Green
Very annoying pa.. Despite making profits I really enjoyed nothing today.. Closing this one here at 1.2121 with +12 pips.. Definitely wasn't a day for trailing stops..

Stay Green
Focus only on what truly matters!
  • #121,403
  • Dec 8, 2020 8:58am Dec 8, 2020 8:58am
Quoting Wavegarrick
{quote} The same principles that apply to all traders will apply here. You need to know when price goes against you and when to cut your trade or trades, you will know that when your system tells you otherwise. As a swing trader I know that price can fluctuate by a 100 pips or more before it goes into my direction. Cheers
You can have an entry and wait until price goes 100 pips against you and it is still valid signal? I guess that depends on the system but I would assume not an intraday game?
  • #121,404
  • Dec 8, 2020 9:06am Dec 8, 2020 9:06am
With such choppy and slow pa I had to step down to M5.. Look where lazy cows and sleepy bears are dancing.. Sighs!!! Nothing can happen without a breakout.. (Breakout from my ellipse did not much.. Market waits for a breakout from wedge..)

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M5-Status-Update.png Size: 30 KB
Focus only on what truly matters!
  • #121,405
  • Dec 8, 2020 9:13am Dec 8, 2020 9:13am
road blk at 1.2130 area. need more bulls to tear it down.
Attached Image (click to enlarge)
Click to Enlarge Name: blk.JPG Size: 97 KB
  • #121,406
  • Dec 8, 2020 9:13am Dec 8, 2020 9:13am
Quoting Ata-Turkoglu
With such choppy and slow pa I had to step down to M5.. Look where lazy cows and sleepy bears are dancing.. Sighs!!! Nothing can happen without a breakout.. (Breakout from my ellipse did not much.. Market waits for a breakout from wedge..) Stay Green {image}
I get the feeling the reason it is not breaking up, is short accumulation in view of a long term reversal some pips higher this week.
Sooner or later they will stop buying [selling into up pressure] and make it spike higher. Then down for a couple of months.
Practitioner of the cryptic trading arts
  • #121,407
  • Dec 8, 2020 9:16am Dec 8, 2020 9:16am
Quoting Endoephemera
{quote} I get the feeling the reason it is not breaking up, is short accumulation in view of a long term reversal some pips higher this week. Sooner or later they will stop buying and make it spike higher. Then down for a couple of months.

Its looking like a lost opportunity for the bulls.. very frustrating session today neither up or down.
Insane in the Brain..
  • #121,408
  • Dec 8, 2020 9:18am Dec 8, 2020 9:18am
Quoting Endoephemera
{quote} I get the feeling the reason it is not breaking up, is short accumulation in view of a long term reversal some pips higher this week. Sooner or later they will stop buying and make it spike higher. Then down for a couple of months.
I really can't tell.. market is truly flat on H4 and whatever we speculate will not do much for now.. I still have the feeling that it is safer to buy dips.. However, the problem of today is that we haven't seen a proper bottom of wave 4.. Is it completed or is it not???? Still a mystery and I think that causes indecision.. Tomorrow will be better (hopefully)..

Stay Green
Focus only on what truly matters!
  • #121,409
  • Dec 8, 2020 9:24am Dec 8, 2020 9:24am
This time I am looking to buy 1.2106 area.. Stops must go a little below 1.2085..

Stay Green
Focus only on what truly matters!
  • #121,410
  • Dec 8, 2020 9:28am Dec 8, 2020 9:28am
Quoting Ata-Turkoglu
This time I am looking to buy 1.2106 area.. Stops must go a little below 1.2085.. Stay Green
Looks like we might be retested the 12090-121 area again hopefully this time for that spring board action to complete the bull run once and for all
Insane in the Brain..
  • #121,411
  • Dec 8, 2020 9:29am Dec 8, 2020 9:29am
Just opened long at 1.2104... Stops must go a little below 1.2085 as mentioned earlier..

*Let's hope my alien egg acts supportive..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M5-Status-Update.png Size: 32 KB
Focus only on what truly matters!
  • #121,412
  • Dec 8, 2020 9:46am Dec 8, 2020 9:46am
Quoting Ata-Turkoglu
Let's hope my alien egg acts supportive..
Looks more like a sundown with a beach and waves below...

Anyway: what caused the latest (and late) movements? Brexit talks?
  • #121,413
  • Dec 8, 2020 9:53am Dec 8, 2020 9:53am
Quoting Wavegarrick
{quote} Hi Guys, I am getting bearish confirmation signals from a 4hr perspective, and have entered some sell trades. There is low volume in this pair and I will lock in as soon as I can. I see 1.2000 as a strong support area. That would be my target at least for my sell trades. Edit: Also very important that price gets a good break through my weekly pivot at 1.20733. Trade safe Cheers. {image}
Hi Guys,
Based on prior discussions on scaling and so forth. Here is a perfect example on Eu, and how I scale in. I had 4hr sell confirmation signals starting from yesterday. This morning with London open I found some sell opportunities and locked in with small profits. As the day progressed some of my sell trades were taken out with small profits. In the lead up to NY price was going back up again and I started selling and added as price went up against me. Take note. I still have bearish confirmation signals on the 4hr time frame, so it was perfectly legit for me to open more sell trades. Ny has helped me and all trades are locked in. No stress.

If price turns against me now, all good. You will also notice that I have locked in trades from yesterday and this is how I build a foundation into longer-term trades. If yesterday's trades are taken out I can quite comfortably say that we are moving up again.

I have attached a zoomed in 15 min chart of what I am talking about and we are in a symmetrical triangle as it stands. I am hoping for a break lower.

Hope it helps,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_900.png Size: 76 KB
Trade to trade another day
  • #121,414
  • Dec 8, 2020 9:56am Dec 8, 2020 9:56am
Quoting Ata-Turkoglu
Just opened long at 1.2104... Stops must go a little below 1.2085 as mentioned earlier.. *Let's hope my alien egg acts supportive.. Stay Green {image}
Closed order at 1.2111 with a final lucky +7 pips... I collected more than I needed.. Calling it a day folks.. Hopefully tomorrow will be better.. Take care and trade safe..

Stay Green
Focus only on what truly matters!
  • #121,415
  • Dec 8, 2020 9:59am Dec 8, 2020 9:59am
Quoting ursinho4711
{quote} Looks more like a sundown with a beach and waves below... Anyway: what caused the latest (and late) movements? Brexit talks?
personally I would have thought the news that Uk and EU agree on Ireland and NI border would have helped the Euro up a little
Insane in the Brain..
  • #121,416
  • Dec 8, 2020 10:00am Dec 8, 2020 10:00am
[quote = Ata-Turkoglu; 13302983] {quote} Orden cerrada en 1.2111 con un final afortunado de +7 pips ... Recogí más de lo que necesitaba ... Terminando el día amigos ... Espero que mañana sea mejor ... Cuídense y comerciar de forma segura. Manténgase ecológico [/ quote]
Jajajja gracias Ata por esta última operación. Saludos
  • #121,417
  • Dec 8, 2020 10:02am Dec 8, 2020 10:02am
Quoting Willord21
[quote = Ata-Turkoglu; 13302983] {quote} Orden cerrada en 1.2111 con un final afortunado de +7 pips ... Recogí más de lo que necesitaba ... Terminando el día amigos ... Espero que mañana sea mejor ... Cuídense y comerciar de forma segura. Manténgase ecológico [/ quote] Jajajja gracias Ata por esta última operación. Saludos
De nada! Next watch out resistance: 1.2118/22 area.. I won't be around though.. Good luck!

Stay Green
Focus only on what truly matters!
  • #121,418
  • Dec 8, 2020 10:13am Dec 8, 2020 10:13am
Since Nov. 20th H4 has stayed in that trend channel. Now since Dec. 3rd things moved sidewards. Now the H4 body is outside the channel. Let's see where it closes...
Attached Image (click to enlarge)
Click to Enlarge Name: 89b3b0b8149d44fcd3238249a87ec3fc.png Size: 10 KB
  • #121,419
  • Dec 8, 2020 10:14am Dec 8, 2020 10:14am
Quoting NuNix
{quote} got 3 positions and closed now. i will test a sell here 1.2130
sell closed and back to buy 1.2108 SL 20 pips.
i think it will break the last high.
Dangdut is a music of my country
  • #121,420
  • Dec 8, 2020 10:29am Dec 8, 2020 10:29am
Good day tho. Consolidation and 1.22 and big drop
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