Keep selling guys and move those stops. Next target 1.09 maybe. What did I say earlier. Stay green
Make it Green
- #142,302
- Nov 16, 2021 9:58pm Nov 16, 2021 9:58pm
- Joined Jul 2011 | Status: Trader | 3,130 Posts
Holy Betting Grail strategy
- #142,303
- Nov 16, 2021 10:00pm Nov 16, 2021 10:00pm
- Joined Feb 2012 | Status: Trader | 1,223 Posts
Make it Green
- #142,305
- Nov 16, 2021 10:11pm Nov 16, 2021 10:11pm
- Joined Feb 2012 | Status: Trader | 1,223 Posts
Make it Green
- #142,306
- Nov 16, 2021 10:14pm Nov 16, 2021 10:14pm
- Joined Jul 2011 | Status: Trader | 3,130 Posts
Holy Betting Grail strategy
- #142,309
- Nov 16, 2021 10:24pm Nov 16, 2021 10:24pm
- Joined Jul 2011 | Status: Trader | 3,130 Posts
Holy Betting Grail strategy
- #142,310
- Nov 16, 2021 10:24pm Nov 16, 2021 10:24pm
{quote} I probably would.. but I must note: during this long lasting drop I also have doubled down (i.e.: selling with twice the lot size of your open long orders) from time to time to soften my drawdown.. Since the goal is to manage the drawdown, we do whatever we can to keep it going.. including: not doing anything, whenever necessary!*It was not a rinse and repeat situation because I sometimes trade other ideas as well.. This one was strongly related with my weekly 1-2-3 candle theory and it challenges me real harshly since I decided...
You often say:
"Remember: I do nothing!"
But now you are writing:
"during this long lasting drop I also have doubled down"
??
PS:
At the moment I am long too - average 1.14303
I have a good MM and just waiting...
- #142,311
- Nov 16, 2021 10:39pm Nov 16, 2021 10:39pm
- Joined May 2021 | Status: Unfollow the herd | 1,720 Posts
Closer and closer.... it approaches CRITICAL TARGET/CONFLUENCE ZONE. {image} {image}
Pure market structure/price action at its finest.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
- #142,312
- Edited Nov 17, 2021 12:33am Nov 16, 2021 11:02pm | Edited Nov 17, 2021 12:33am
- Joined May 2021 | Status: Unfollow the herd | 1,720 Posts
{quote} AT Last McDONALD'S Target LEVELs reached. Pheeww (W1).EURUSD/USDEUR.
*I do not rule out level 1.1220 in the short term. Very obvious higher TF traders are controlling the market this time.
Long Term targets - 1.1170 - 1.1140
*Updated.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
- #142,313
- Edited Nov 17, 2021 3:13am Nov 16, 2021 11:18pm | Edited Nov 17, 2021 3:13am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Good day fellow traders, sincerely hope everyone is well. I know for some it is good, others could be bad 
.
One of the most important skills I personally managed to develop throughout the years has to do with the severing of emotional ties to individual trades or trading periods, to favor every loss with just as much positivity as wins. Easier said than done ! But oh so strong and o so worth the incessant work!, and for me was often even stronger than most skills needed to thrive on the long-term. I lived it throughout the years, in a way, like the development of an emotional reflex.
Stable health and happiness throughout every single trading minute is invaluable. The heart stays healthy, joy to their chemical work and mind stay sharper.
On a slightly different note, a trading adventure can be very complex and often cannot be fully shared in a forum as the trader adapts to live conditions so..
I feel strongly that the last thing to do is to be judgmental in this great thread. thank you a millionth time Ata for helping keeping it that way !
Anyways, as for me, still at it, but maybe just a trade or two only.
Sell stop : 1.12945 SL super tight probably get hit tight : 1.1304, 15min it is hit on has to close below entry or Im out!
Buy stop : 1.1323 SL minimum low of the day.
I thought so too! I for once this week believe we could be, at the very least, at a level that will be often revisited or even at the foot of a much awaited retracement.
Very interesting observations, thanks for sharing mate !
indeed, thanks for reminding me , this happens often enough actually. And if I had been trading still, I would have gone out as I usually do at the close of the 1 min-15min that came that close. I got a better deal thanks to that 
but still registering the share as it is:
TP 1308 hit +127
Dynamic SL now at 1.13184 securing min EDIT : 48 pips. TP still open
SL now .1366 securing min 77 pips TP still open
Happy new low of the year everyone
! Perhaps even the low of the year ! seriously 
.One of the most important skills I personally managed to develop throughout the years has to do with the severing of emotional ties to individual trades or trading periods, to favor every loss with just as much positivity as wins. Easier said than done ! But oh so strong and o so worth the incessant work!, and for me was often even stronger than most skills needed to thrive on the long-term. I lived it throughout the years, in a way, like the development of an emotional reflex.
Stable health and happiness throughout every single trading minute is invaluable. The heart stays healthy, joy to their chemical work and mind stay sharper.
On a slightly different note, a trading adventure can be very complex and often cannot be fully shared in a forum as the trader adapts to live conditions so..
I feel strongly that the last thing to do is to be judgmental in this great thread.
thank you a millionth time Ata for helping keeping it that way !Anyways, as for me, still at it, but maybe just a trade or two only.
Sell stop : 1.12945 SL super tight probably get hit tight : 1.1304, 15min it is hit on has to close below entry or Im out!
Buy stop : 1.1323 SL minimum low of the day.
Interesting 40 pip drop in 1 minute, is this the final stop hunt bulls have been waiting for?
Are you all still looking for buys? Please just relax. Today is Wednesday, another favorite sell day for EU. It will sell all day till the end. Whatever bottom was made today, Mark it! Mark it! The reversal might start tomorrow. But you need to know a couple of things: 1. NY started this heavy sell-off. They will be the ones to set the bottom (or reinforce it) and start buying. 2. Usually there is what is called reversal Thursday. Who knows, it may be tomorrow or even Friday. 3. The reversal will not be sharp. It cannot even be. Such heavy fall...
{quote} Missed by 0.4 pip, but it may not be over as this thing will probably be falling for ages. Very impressive anyway!
indeed, thanks for reminding me , this happens often enough actually. And if I had been trading still, I would have gone out as I usually do at the close of the 1 min-15min that came that close. I got a better deal thanks to that but still registering the share as it is:...! I do have a new sell stop 1.14357 but it expires in 20m...
Confronting the double bottom bulls ! sell stop 1.13666 {image}
{quote} ... New swing setup confirmed sell-stop 1.14435. Never over !
Happy new low of the year everyone
! Perhaps even the low of the year ! seriously 
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #142,316
- Nov 16, 2021 11:36pm Nov 16, 2021 11:36pm
- Joined Sep 2017 | Status: Trader | 11,213 Posts
{quote} AT Last McDONALD'S Target LEVELs reached. Pheeww (W1).EURUSD/USDEUR.
- #142,318
- Nov 16, 2021 11:53pm Nov 16, 2021 11:53pm
- Joined May 2021 | Status: Unfollow the herd | 1,720 Posts
Good day fellow traders, sincerely hope everyone is well. I know for some it is good, others could be bad
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
- #142,319
- Nov 16, 2021 11:58pm Nov 16, 2021 11:58pm
- Joined May 2011 | Status: Trader | 1,577 Posts
Ecclesiastes 1:9
Hello, Just a quick comment. Remember to buy the rumor and sell the fact. USD is safe haven so stay long USD until the Fed starts raising rates. When Fed starts raising rates, sell USD and stay with it. I know it sounds wrong but this is how I make my living. I am still short EURUSD long term until the change