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  • #140,161
  • Sep 29, 2021 3:21am Sep 29, 2021 3:21am
I have a sell Iimit at 1.16936
Sl 50 pips
Tp 1.16410
Risk comes from not knowing what to do
  • #140,162
  • Sep 29, 2021 4:08am Sep 29, 2021 4:08am
My humble advice for the rest of the week: Only buying dips!

*Marking 1.1644 as my personal "potential lowest low" for the day..
Focus only on what truly matters!
  • #140,163
  • Sep 29, 2021 4:16am Sep 29, 2021 4:16am
The higher time frames are in a bearish market condition. Stick with the bearish trend and sell the retracements.
  • #140,164
  • Edited 4:29am Sep 29, 2021 4:18am | Edited 4:29am
I'm on line.

Try to buy 1.16672
SL 1.16392

Tp open
  • #140,165
  • Sep 29, 2021 4:33am Sep 29, 2021 4:33am
Quoting Austyno
I have a sell Iimit at 1.16936 Sl 50 pips Tp 1.16410
I wouldn't risk an amount of pips practically equal to what the potential profit is (because anything can happen and stop loss should represent the risk you accept upon opening the trade).
  • #140,166
  • Sep 29, 2021 4:38am Sep 29, 2021 4:38am
I see a 1.1640 as a LOW of the week and possibly the end of the bear trend
Attached Image (click to enlarge)
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  • #140,167
  • Sep 29, 2021 4:49am Sep 29, 2021 4:49am
Quoting yvestrcz
{quote} I wouldn't risk an amount of pips practically equal to what the potential profit is (because anything can happen and stop loss should represent the risk you accept upon opening the trade).
Don't worry brother, I have my money management plan and it works for me besides I am a day trader and I used the ATR of Eurusd to determine my target and risk levels.
Risk comes from not knowing what to do
  • #140,168
  • Sep 29, 2021 4:49am Sep 29, 2021 4:49am
Quoting andvk74
I see a 1.1640 as a LOW of the week and possibly the end of the bear trend {image}
I concur
Risk comes from not knowing what to do
  • #140,169
  • Sep 29, 2021 4:54am Sep 29, 2021 4:54am
Quoting andvk74
I see a 1.1640 as a LOW of the week and possibly the end of the bear trend {image}
Then buy limit will be activated...
Its all about Timing!!!
  • #140,170
  • Sep 29, 2021 4:57am Sep 29, 2021 4:57am
Quoting Murugesh29
{quote} Then buy limit will be activated...
Just in case, you can always place the order manually.
  • #140,171
  • Sep 29, 2021 5:19am Sep 29, 2021 5:19am
My little advice:

Check H4 since beginning of the week, there is usually a giant sell candle @ 8:00am then what happens after is buying pressure till new york open. So keep buying deeps.
Good things comes in pairs...
  • #140,172
  • Sep 29, 2021 5:48am Sep 29, 2021 5:48am
Quoting Pipjitsu
Looking through the thread, I am seeing a lot of traders struggling to find their way. Guys, don't try to trade like Ata, he is a specialist at what he does. He knows what he is doing and you do not, that is why you are failing trying to trade like him. Try to find one thing that resonates with you and stick with it. When you have a conviction about the market, stay with it until proven wrong. Not trying to be critical, but don't like seeing people struggle and lose capital. Hope this helps someone....
30 pips yesterday
88 pips from trade held on the 22nd.
Attached Image (click to enlarge)
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This is what I was trying to convey to some who are still struggling...Be careful today guys.
  • #140,173
  • Sep 29, 2021 6:12am Sep 29, 2021 6:12am
Quoting andvk74
{quote} Just in case, you can always place the order manually.
Here comes the drop to activate my buy order...
sl 30 pips tp 50pips
Its all about Timing!!!
  • #140,174
  • Sep 29, 2021 6:21am Sep 29, 2021 6:21am
i bought now at 1.1644, SL 25Pips. TP: open
Everyone makes mistakes, but only few use equity management.
  • #140,175
  • Sep 29, 2021 6:25am Sep 29, 2021 6:25am
Quoting Murugesh29
{quote} Here comes the drop to activate my buy order... sl 30 pips tp 50pips
Prediction
today's daily range 1598-1710
buying every falling dips
Its all about Timing!!!
  • #140,176
  • Edited 1:44pm Sep 29, 2021 6:33am | Edited 1:44pm
sell it should have been
Trends have a higher probability of continuing than not.
  • #140,177
  • Sep 29, 2021 6:37am Sep 29, 2021 6:37am
Look at this pack of buyers around here! I was just going to ask whether you are buying this 1.1645 level. Hmm, I probably don't have the conviction yet...
  • #140,178
  • Sep 29, 2021 6:43am Sep 29, 2021 6:43am
Price above 100% my adr, reach my weekly S2, it's time to moving up. Very divergence

I change my Sl for first trade to 50 pips.

And add more buy at
1.16336
1.16211

SL 50 pips.
  • #140,179
  • Sep 29, 2021 6:48am Sep 29, 2021 6:48am
Good day all. Sell off.. we have well ranged 1673-1642 pressure still persistent. Rise or continue? 1611 1596 may be in the cards.
  • #140,180
  • Sep 29, 2021 6:57am Sep 29, 2021 6:57am
I think we are still a little distance away from going long.
The trend is clearly bearish and the dollar is really strong now.
But we should get some decent rebound once it lands on the weekly demand level at 1.1630.
I'll just place a buy limit and leave it to the market to decide.
Again, I'm just aiming for a daily target of +-40 pips.
Attached Image (click to enlarge)
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Aim for what's achievable and don't be a dreamer.
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