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EURUSD only

  • #123,081
  • Dec 29, 2020 11:44am Dec 29, 2020 11:44am
Quoting AlphaOmega.
So whats next for this eurusd?
there are still 4hours and 16 minutes to end the day...
  • #123,082
  • Dec 29, 2020 12:21pm Dec 29, 2020 12:21pm
Quoting hans91
{quote} I have my target max to 1.23200 area for upside then big drop. I don't know if my estimation is correct but for now I won't buy, will wait for short.

Am seeing the market reaching 1.2634 before retracing
BUT I am only trying to respect a MONTHLY TL.

If the market closes above the TL I will target 1.2634...

I'm only justifying my BIAS base on the strong RESISTANCE
and the MONTHLY TL

Don't trade based on what people think... Just compare your
system with people BIAS in order to increase your confidence.

Always put your money management first....


if you know, you know...
My goal is what keeps me going...
  • #123,083
  • Dec 29, 2020 12:22pm Dec 29, 2020 12:22pm
Auto trail stop & cropper
  • #123,084
  • Dec 29, 2020 12:23pm Dec 29, 2020 12:23pm
Quoting kazzyworld
{quote} I wont say straight 7years cos there are some times in between I got frustrated and abandon trading... DEMO TRADE for a month and started trading live gambling, greed, over confidence, trading different pairs and so on... Get back to my drawing board, fix my errors... Lesson all the way.... I started gaining back gradually since 5months ago not last month... if you know, you know...
Actually, according to your profile, your losing streak looks like it ended only about 2 months ago. But the reason I was questioning your post concerning EUR going down 300 pips from today, is because that kind of greedy long term view is the very reason why you were losing in the first place. I've been there, done that. And I have learned that the best perspective for an emotional trader like that is to be content with small gains, and trade safe day by day like a torqoise. It all adds up over time.
Yes, be aware of long term potential, but also, stay in the present and trade what you see, take what the market gives today. Believe me, it works.
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You cannot fail if you never give up.
  • #123,085
  • Dec 29, 2020 12:45pm Dec 29, 2020 12:45pm
Quoting 7154Superman
{quote} Actually, according to your profile, your losing streak looks like it ended only about 2 months ago. But the reason I was questioning your post concerning EUR going down 300 pips from today, is because that kind of greedy long term view is the very reason why you were losing in the first place. I've been there, done that. And I have learned that the best perspective for an emotional trader like that is to be content with small gains, and trade safe day by day like a torqoise. It all adds up over time. Yes, be aware of long term...

Thanks lot for your kind gesture.

Regards
My goal is what keeps me going...
  • #123,086
  • Dec 29, 2020 4:48pm Dec 29, 2020 4:48pm
For the past few years (at least 20), each Jan 1st starts off with a EU falling 100-400 pips. Just noticed that because was bored at work)

My expectation is to see same tendency this year. Probably going to scalp a few pips off of that.

Good luck my friends.
Live long and prosper
  • #123,087
  • Dec 29, 2020 7:16pm Dec 29, 2020 7:16pm
Quoting spicybite
For the past few years (at least 20), each Jan 1st starts off with a EU falling 100-400 pips. Just noticed that because was bored at work) My expectation is to see same tendency this year. Probably going to scalp a few pips off of that. Good luck my friends.
Does forex trade on the 1st? I can't remember despite trading for like 8 years
  • #123,088
  • Dec 29, 2020 7:37pm Dec 29, 2020 7:37pm
Quoting spicybite
For the past few years (at least 20), each Jan 1st starts off with a EU falling 100-400 pips. Just noticed that because was bored at work) My expectation is to see same tendency this year. Probably going to scalp a few pips off of that. Good luck my friends.
Scalp safely, my friend!
You cannot fail if you never give up.
  • #123,089
  • Dec 29, 2020 9:43pm Dec 29, 2020 9:43pm
.618 ext is a nice place to scalp
To bad i'm still sleeping
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Don't mind me.. i'm crazy
  • #123,090
  • Edited 11:25pm Dec 29, 2020 10:53pm | Edited 11:25pm
Good morning! Woke up because I had a feeling... (4:50AM local time)

Might go up to 1.23127 today:
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*****EDIT****
With the H1 opening at 11:00AM GMT
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  • #123,091
  • Dec 30, 2020 12:00am Dec 30, 2020 12:00am
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Projected distance filled
  • #123,092
  • Dec 30, 2020 12:13am Dec 30, 2020 12:13am
Considering a LONG. Target - A new weekly high.
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  • #123,093
  • Dec 30, 2020 12:18am Dec 30, 2020 12:18am
Quoting andvk74
Considering a LONG. Target - A new weekly high. {image}
i expect PA will go up max to 1.2320 - 1.23400 area then drop.
  • #123,094
  • Dec 30, 2020 12:24am Dec 30, 2020 12:24am
Quoting hans91
{quote} i expect PA will go up max to 1.2320 - 1.23400 area then drop.
I have 1.2315-20 in mind. That's where I'd like to take profit and open a SHORT.
  • #123,095
  • Dec 30, 2020 12:29am Dec 30, 2020 12:29am
I was in on this long very heavy. Feels nice to taste bull profit when it runs this fast. Paying attention to London to see how they move. Selling or buying depends on their first move. I prefer a sell at the "peak" for the new year algo madness.
  • #123,096
  • Edited 1:20am Dec 30, 2020 12:44am | Edited 1:20am
"My" H1 fibo matches with the one derived from last day's D1 candle:
H1:
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D1:
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*************EDIT**************
Take a look how beautifully the last H1 candle fits between 38.2 and 50.0
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  • #123,097
  • Dec 30, 2020 2:03am Dec 30, 2020 2:03am
Bingo: needs some minor adjustments but followed as expected (last "black" H1 candle)
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  • #123,098
  • Dec 30, 2020 2:13am Dec 30, 2020 2:13am
Pretty much how i counter trend if i chikin out at a level because it look to strong
Still low risk
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Don't mind me.. i'm crazy
  • #123,099
  • Dec 30, 2020 2:27am Dec 30, 2020 2:27am
Quoting Austyno
{quote} Sell limit activated... Am thinking of shifting my tp to 1.22149, but am not sure... Everything remains as it is for now... Let's see the reaction of 1.22149
Just be patient, we are heading to tp (1.22150)
Set a buy limit at 1.22128
Sl and tp 50 pips
Risk comes from not knowing what to do
  • #123,100
  • Dec 30, 2020 2:48am Dec 30, 2020 2:48am
Quoting purevenom
Pretty much how i counter trend if i chikin out at a level because it look to strong Still low risk {image}
Bounce at tp.. i can rest in peace
Attached Image
Don't mind me.. i'm crazy
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