EURUSD only

Just went long at 1.1565.. Stops at least 22 pips..

Yeah Volatility has Really Disappeared from EURUSD.

I still Remember 25 - 35 Pips Here and There when Draghi Just Entered to Give a Speech

M15 has not changed the situation. I will wait next week to continue on this pair. Wish a nice weekend.


This fight will continue..

Closing for +20. I’ll be selling pullbacks for the rest of the day.

Closed this final order with +10 pips here at 1.1575 and calling it a day and week..

*Collected pips under drawdown so far: 75+10 =+85 pips..
**Main long order from 1.16575 still has to wait..

Happy weekends to all

Happy Weekend. My long from 1.5610 is still active. will keep it for a while and will see till next weekend. trying to average out my old longs from 1.17ishhes, 1.16ishes and 1.15ishes

Entered a long @ 1.15767, if LC hour remains positive the order will be valid, just anticipated a bit...



Have a nice weekend !

[email protected], SL 10, TP 11

Out for +8. This concludes my day/week. Happy weekend y'all.

Good to know that I'm not alone

double tripwire does not stand a chance on Monday

Don’t know what it represents but your graph looks very interesting and colourfull

I missed the weekly high by 2 pips and the weekly low by 3 pips. All trades and trade management were discussed and called before hand in this forum. I did think NFP would send price to 1500 but i was wrong that will be next weeks target. Still selling this thing.

Outlook for New Week (Day by Day)

1. The chart below is my new way to explain to you my general bias via daily chart mixed with the weekly! This analysis focuses solely on Monday. That's why I dimmed out the Friday levels. I will update the chart day by day. You will get the idea!
2. The bold blue trendline is drawn from the high of Week -2 to the high of Week-1 (in other words: from the week before previous week towards previous week.. You better get used to my terms Week 0, -1, -2 etc. since it is easier this way to refer to past candles! 0 will always refer to current candle!). With the same logic, the thin blue trendline is drawn from the low of Week -2 to the low of Week -1.. Drawing the trendline this way is the crucial part of my logic: "transferring the weekly trend line onto the daily candles without distortion!"
3. As you can see from chart below, Monday candle will likely open above the bold blue trendline (assuming we won't have a negative gap opening). That would mean bulls will have the upper hand at the beginning of the new week. But to keep the advantage they have to protect 1.15555.. A drop below this level is not the end of the world, since they still can get extra support from 1.1505, but personally I hope that bulls can keep price above 1.15555 so that we don't waste any time for all the upcoming days of the week.
4. If we assume that bulls succeed, my major target area would be 1.1660! There we have to see if my RED MA line breaks or not. I expect that area to resist.
5. However, the first signal of "weak bulls" would be a drop below my bold blue trendline: 1.15555! If this happens, bulls must watch if 2nd support area 1.1505 fails as well. Personally I believe that it will act supportive. With current angle of the thin blue trendline in mind, if Monday bears can't break below 1.1505, the same support level for Tuesday would drop by roughly 9 pips to 1.1496.. Wednesday would become 1.1487.. Thursday 1.1478 and Friday as marked on chart: 1.1470, which is also the potential low for the new week.
6. All that being said, (and assuming market opens with no negative gap) my bias for new week stays bullish and I keep buying dips! Please also notice the divergence on my macd!

I hope it helps.. Keep enjoying your weekends

The trip wires are 10-pip displacements of the M readings which are referred to as Mastodons and serve as the second point of an M-Axis is preceded by a Zero.

ObjectDelete("SING");
ObjectCreate( "SING", OBJ_HLINE, 0, Time[i], Low[i]-100*Point );
ObjectSet("SING", OBJPROP_COLOR, clrWhite );
ObjectSet("SING", OBJPROP_WIDTH, 3 );
ObjectSet("SING", OBJPROP_STYLE, 2 );

ObjectDelete("Hallelujah");
ObjectCreate( "Hallelujah", OBJ_HLINE, 0, Time[i], High[i]+100*Point );
ObjectSet("Hallelujah", OBJPROP_COLOR, clrWhite );
ObjectSet("Hallelujah", OBJPROP_WIDTH, 3 );
ObjectSet("Hallelujah", OBJPROP_STYLE, 2 );


Yes, Dr. Alban reference here

Took a massive hit this week. Thursday and Friday I played heavy. Both days while not generally wrong about the market, it didn't conform to expectations. I repeatedly let equity gains go only to close out or hedge right before it turned back in the anticipated direction. Of course raising the stakes had a lot to do with it making me more prone to having second thoughts.

Edit. Every time I go for extraordinary returns, I lose more than I made trading more cautiously (still wild for most people's propensities) I do it to myself and almost always needlessly (ex post); half a dozen times Thursday and Friday.

In the Global Prime demo competition I fiddled way less, because of course I don't care and even though I incurred in a couple of margin stop outs and over -15% on equity, I closed the first week +9.3% Monitoring the top 25 rankings most names appeared and dropped out, evidently that's because, like me, most are taking huge risks and the results range wildly day to day (or hour by hour). Only two to three guys appear to show vaguely stable growth suggestive of skills. I'm 60th after being 180th and 40th. The distribution of the percentage results suggests the predictable exponential distribution with the vast majority under and increasingly less people with significantly better performance. This kind of competition is a very pointless exercise. I do it for the $400 first prize.

first time in a year and a half non comercial net positions COT ( Cyan/Red) are negative !! Not good for EURO !

looks not good for longs. maybe we may see 1.12 incoming months.

The sequence of events

H1 Status Update

For Monday my intraday plan is to keep buying bear attacks towards monthly support area: 1.1548... Once/if bulls can beat 1.1585 area resistance, momentum should be able to push it higher.. Time will tell..

*If 1.1548 support fails, I would wait on side lines and do nothing until I see how 1.1505 area supports..