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EURUSD only

Quoting EllaCen
{quote} Hi Ata, again wanted to say, why did set 20 pips SL? no of my business, but its awful, as soon saw its goes down should make minimum SL, I was same you (LONG) this morning, also I was immiaditely manuely stoped and take out and SHORT again( loss 5 pips $62.25, just take profit $625 and closed right now) 1. I neve waited long when the charts against me 2. I neve put SL over 10 pips Just exchange my mine. good luck
These conditions happen very rarely.. The end profit is what matters.. Relax.. Keep doing what you do best and trust your system.. That's what I do.. Best wishes
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
Quoting Ata-Turkoglu
{quote} Closing order here at 1.1590 with -25 pips loss (Total loss so far from choppiness: -40-25=-65 pips) Immediately opening SELL order at: 1.1590.. Stops at least 18 pips..
Closing order here at 1.1605 with -15 pips loss (Total loss so far from choppiness: -65-15=-80 pips)

Immediately opening BUY order at: 1.1605... Stops at least 18 pips..
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
EurUsd is building a solid Bull Wedge on the Daily. I know we all expect EU to drop further, but with the ECB news upcoming, I would feel uneasy about holding a short position. The chart shows a potential explosion higher. I think the safe route is to stay out until it shows a clear direction.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD,Daily.png Size: 183 KB
Observation is the path to discovery.
Quoting Alorente
EurUsd is building a solid Bull Wedge on the Daily. I know we all expect EU to drop further, but with the ECB news upcoming, I would feel uneasy about holding a short position. The chart shows a potential explosion higher. I think the safe route is to stay out until it shows a clear direction. {image}
Not until bears test 1.15635
Risk comes from not knowing what to do
The direction of the day was already clear the moment price took out the lows of yesterday
Risk comes from not knowing what to do
Quoting Ata-Turkoglu
{quote} Closing order here at 1.1605 with -15 pips loss (Total loss so far from choppiness: -65-15=-80 pips) Immediately opening BUY order at: 1.1605... Stops at least 18 pips..
Closing buy order here at 1.1589 with -16 pips loss (Total loss so far from choppiness: -80-16=-96 pips)
Immediately opening SELL order at: 1.1589... Stops at least 18 pips..
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
EURUSD 1H
There are already 3 days since the price is within Bollinger Bands....
Attached Image (click to enlarge)
Click to Enlarge Name: 1H.png Size: 57 KB
Something must give. 1589 or 1618
Quoting Ata-Turkoglu
{quote} Closing buy order here at 1.1589 with -16 pips loss (Total loss so far from choppiness: -80-16=-96 pips) Immediately opening SELL order at: 1.1589... Stops at least 18 pips..
Closing sell order here at 1.1611 with -22 pips loss (Total loss so far from choppiness: -96-22=-118 pips)
Immediately opening BUY order at: 1.1611... Stops at least 18 pips..
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
She's going up!

1h breakout
Quoting SnaveForex
Something must give. 1589 or 1618
watching 1629 for change for sellers to target the lows again for another run up possibly

dicey situation now
Quoting Ata-Turkoglu
{quote} Closing buy order here at 1.1611 with -22 pips loss (Total loss so far from choppiness: -96-22=-118 pips) Immediately opening BUY order at: 1.1611... Stops at least 18 pips..
Hey Ata, we all know you will get the lost pips back from the market .... you are an amazing trader !
Question:
I dont understand why the market moved upwards at all today.
all my analysis was for a drop.
All news came in with the $ being positive.
but it went up to even above the daily resistance.
Could it be market movers or was my analysis wrong?
Even if the morrow is barren of promises, nothing shall forestall my return
Quoting eldarreiny
Question: I dont understand why the market moved upwards at all today. all my analysis was for a drop. All news came in with the $ being positive. but it went up to even above the daily resistance. Could it be market movers or was my analysis wrong?
Market is always right.
Fundamental provide Volume, Technical shows Direction
200ma coming up on 4h, pretty big.
Attached Image (click to enlarge)
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Quoting LucasT
{quote} Market is always right.
... alright, but where did i go wrong?
Even if the morrow is barren of promises, nothing shall forestall my return
Close all long from this week at 1.1632 and now stay sideline, looking what this action will provide.
Everyone makes mistakes, but only few use equity management.
Quoting procrude
{quote} Hey Ata, we all know you will get the lost pips back from the market .... you are an amazing trader !
Lol... Thanks buddy.. Appreciated.. As my German friends would say: "Ende gut alles gut".. The "end" is most important.. The beginning or the process often not so much.. Cheers..
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
Took three SL for a total of -47 pips

At least the price broke out of the channel so thats something. But i'm not convinced with this up move.
Entered a short at 1.16440 and I'm not closing this until 1.15600 area. SL: Open

Attached Image (click to enlarge)
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Aim to stay in the game for 6 months NO MATTER WHAT !!. Profits come after.
Quoting Ata-Turkoglu
{quote} Closing sell order here at 1.1611 with -22 pips loss (Total loss so far from choppiness: -96-22=-118 pips) Immediately opening BUY order at: 1.1611... Stops at least 18 pips..
Taking a pause here at 1.1673 and closing long order with +62 pips.. (Total loss so far from choppiness: -118+62=-56 pips..)

To be continued!
Be a seer, not a looker!
Ata's Trend Hunter All Time Return: 110.4%
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