Disliked{quote} My system is telling me the USD is about to take off. I closed all my longs and opened a short.Ignored
- #122,202
- Dec 16, 2020 2:23pm Dec 16, 2020 2:23pm
- Joined May 2014 | Status: Full Time Trader | 27,294 Posts
Focus only on what truly matters!
{quote} My system is telling me the USD is about to take off. I closed all my longs and opened a short.
Having said that I believe we are in the 5th wave in this pair with a bit more room to go.
Quite honest I believe that it’ll meet those levels by the end of January and then the big pullback will happen.
Nonetheless when in doubt stay the hell out till your system ask you to act again...Just remember it’s just a trade, good or bad it’s just a trade.
- #122,205
- Dec 16, 2020 2:26pm Dec 16, 2020 2:26pm
- Joined May 2014 | Status: Full Time Trader | 27,294 Posts
What a bear-fakey H4 candle lol.... Long time no see one of these 
*The Dalton Brothers pattern that I mentioned last week is in the back of my head though.. After all this shake out is trend turning back down??? Well, for me it is still a maybe for now.. Time will tell..
Stay Green
*The Dalton Brothers pattern that I mentioned last week is in the back of my head though.. After all this shake out is trend turning back down??? Well, for me it is still a maybe for now.. Time will tell..
Stay Green
Focus only on what truly matters!
- #122,206
- Dec 16, 2020 2:32pm Dec 16, 2020 2:32pm
- Joined Oct 2013 | Status: Trader | 1,079 Posts
I should seriously consider making indicators
What a bear-fakey H4 candle lol.... Long time no see one of these
The only thing that kept me in was the fact that this type of moves are typical in the 5th wave for me and those Elliot junkies...
- #122,208
- Dec 16, 2020 2:36pm Dec 16, 2020 2:36pm
- Joined Aug 2011 | Status: Trader | 4,929 Posts
{quote} Hi sir, nice to see you in the game still
Observation is the path to discovery.
I should seriously consider making indicators {image}
if yes, keep a track record over a period of time and then the Big Sales Pitch.
If you need a manager, give me a holler
- #122,211
- Dec 16, 2020 2:53pm Dec 16, 2020 2:53pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
Some COBOL stuff... (as it is EURUSD I am allowed to post it here ;-) )
There was this enormeous H1 candle in the morning. If you take the middle of that bar (with wicks!) you come to exactly !!! 1.21825
Okay, then 7 hours later we have an innocent looking short bar that has a low wick at... exactly !!! 1.21825
The question I had after I saw this "live" during the session: how can we benefit from that information?
There was this enormeous H1 candle in the morning. If you take the middle of that bar (with wicks!) you come to exactly !!! 1.21825
Okay, then 7 hours later we have an innocent looking short bar that has a low wick at... exactly !!! 1.21825
The question I had after I saw this "live" during the session: how can we benefit from that information?
- #122,213
- Dec 16, 2020 2:55pm Dec 16, 2020 2:55pm
- Joined Oct 2013 | Status: Trader | 1,079 Posts
{quote} Question is are you seriously making $ with those? if yes, keep a track record over a period of time and then the Big Sales Pitch. If you need a manager, give me a holler
- #122,214
- Dec 16, 2020 2:56pm Dec 16, 2020 2:56pm
- Joined May 2014 | Status: Full Time Trader | 27,294 Posts
From here make 1.2166 your main support.. As long as we are above we better stay bullish! Calling it a day.. Trade safe and see you tomorrow folks
Stay Green
Stay Green
Focus only on what truly matters!
{quote} Thanks Ironman. What level do you think wave 5 will reach before the turn?
This is for a monthly target
{quote} I'm not a good trader relative to what I aspire to become. That said, I expect to post 1000% gains by the 30th of July. We shall see.
you should be able to take us all to Hawaii and have a training summit then...I’ll hold you to it. 
- #122,219
- Dec 16, 2020 3:54pm Dec 16, 2020 3:54pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
Here is another one, today's monster wick. Look where it stopped:
The question is: why? And that puzzles me, as a programmer...
