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  • Post #145,401
  • Quote
  • Feb 11, 2022 2:51pm Feb 11, 2022 2:51pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
Sold 1338 sl 15pips
If I don't mention SL and TP = longer-term setup possibly in the works!
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  • Post #145,402
  • Quote
  • Feb 11, 2022 3:16pm Feb 11, 2022 3:16pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
That last 1H failure, that needed to close below the low! Sl of all my shorts moved down 1356, have pullback setups from 3H and above... Buy stop 1356 1369 1388. Will reenter shorts if bulls failed>1360.

couple pts from being stopped out, thank you bears for this small miracle ! not over yet but probably is.
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,403
  • Quote
  • Feb 11, 2022 3:20pm Feb 11, 2022 3:20pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
Quoting marcin.kamaj
Disliked
I keep my shorts to see 1.12xx on board..
Ignored
Unwavering, you kept moving, and strategically, in the eye of the storm.

It is important for me to note strong determination.
If I don't mention SL and TP = longer-term setup possibly in the works!
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  • Post #145,404
  • Quote
  • Feb 11, 2022 3:23pm Feb 11, 2022 3:23pm
  •  zippo22
  • Joined Apr 2011 | Status: Member | 287 Posts
Quoting mtako
Disliked
... thank you bears for this small miracle ! not over yet but probably is.
Ignored
What bears... better you thank uncle Sam, his cia and all the warmongers around there.
 
 
  • Post #145,405
  • Quote
  • Feb 11, 2022 3:25pm Feb 11, 2022 3:25pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
Sell stop 13352 12 pips SL
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,406
  • Quote
  • Feb 11, 2022 3:26pm Feb 11, 2022 3:26pm
  •  Designer
  • | Joined Feb 2022 | Status: Junior Member | 11 Posts
Quoting Kennyxh20
Disliked
{quote} Breaking news U S. Believes Putin as decided to invade Ukraine and communicate those plans to the Russian military that's surrounding Ukraine at the moment. That's why currency is falling right now, it seems there is a major war getting ready to happen. you can see and read it on forex factory homepage below the news section.
Ignored

But why would the EURUSD pair fall instead of rise at this announcement? That is to say if war causes a currency to weaken/strengthen, why is it that the USD strengthened against the Euro at the possibility of war?

I’m new to forex and just trying to understand.

Edit: I just found this on Google:
The empirical evidence shows a short-term depreciation of the U.S. dollar coinciding with the Iraq war, which is not atypical of the value of the U.S. dollar in a time of war.

So is it that the value of the currency depreciates relative to the countries involving themselves in the war?
 
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  • Post #145,407
  • Quote
  • Feb 11, 2022 3:32pm Feb 11, 2022 3:32pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
Quoting zippo22
Disliked
{quote} What bears... better you thank uncle Sam, his cia and all the warmongers around there.
Ignored
It's just a figure of speech... Of course, the cause of price movements are multiple.
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,408
  • Quote
  • Feb 11, 2022 3:33pm Feb 11, 2022 3:33pm
  •  wladav
  • Joined Jan 2012 | Status: Member | 46 Posts
Quoting zippo22
Disliked
{quote} What bears... better you thank uncle Sam, his cia and all the warmongers around there.
Ignored
no politic, but you are russian, or only long on eur/usd? :-)..............
 
 
  • Post #145,409
  • Quote
  • Feb 11, 2022 3:43pm Feb 11, 2022 3:43pm
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
Good Day, Good Life
 
 
  • Post #145,410
  • Quote
  • Feb 11, 2022 4:18pm Feb 11, 2022 4:18pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,722 Posts
Thank you dearly for all the expressed support, it already helped more than you can imagine.

Hope you all have a relaxing weekend. And as volatility dropping at last (low volume+volatility shrinkage surprise coming?), my body is also. Exxtraaaah-relaxing weekend waiting for me. Good night mates.


Mtako's personal trading ramblings : My late coming today was just to test the waters, and was encouraging, but not enough I must regretfully admit. Trying to be determined as many of you are, but my body is not cooperating very much.

All shorts safely survived, surprisingly. I hope Monday I will probably get back in 100%, today was just a toe in, to try to feel how bad my coordination still is and, to be honest, it does not feel quite right yet. Let's see what the weekend brings.

1327 would have been nice, as it would have moved SLs lower at last and secure decent gains.

Close call! staying in all my shorts, as a pip from a level calculated from the 12H is practically inexistent. The potential these are based on is still 100%. But Monday will probably have the first of last words.
Quoting mtako
Disliked
...probable ranging is nice, but I prefer downtrend continuance. Next week holds most cards still. But today could still bring<1300 surprise. I will close all my shorts if price is not closing <1340 by the 23h..
Ignored
SL of all my shorts temporarily 1353, buy stop 1353.
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,411
  • Quote
  • Feb 11, 2022 4:22pm Feb 11, 2022 4:22pm
  •  zippo22
  • Joined Apr 2011 | Status: Member | 287 Posts
Quoting mtako
Disliked
{quote} It's just a figure of speech... Of course, the cause of price movements are multiple.
Ignored
Yeah, I know Peace & happy weekend
 
 
  • Post #145,412
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  • Feb 11, 2022 6:19pm Feb 11, 2022 6:19pm
  •  JBRolim
  • Joined Sep 2018 | Status: Trader Man | 966 Posts
Quoting JBRolim
Disliked
{quote} Aguardando M200 H4 para Tp 1.13474 {image}
Ignored
M200 was like a magnet,
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Sold since 03/02, at 1.14400, it is out today at 1.13894. I made a new entry Today on sale at 1.14124, Tp M200 at H4 1.13474... I believe it was my best week 27.7%...
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I want to thank everyone who contributed here on the Forum, their analysis and suggestions are always welcome.
Good weekend to everyone!!
"No pain no gain"
Trading Seeder All Time Return: 108.5%
 
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  • Post #145,413
  • Quote
  • Feb 11, 2022 6:31pm Feb 11, 2022 6:31pm
  •  mkjenna
  • | Joined Mar 2010 | Status: Fluting on the humps | 300 Posts
Quoting Kroy18
Disliked
Market’s moving too fast!
Ignored
Hello vola my old friend,
I've come to talk with you again
 
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  • Post #145,414
  • Quote
  • Feb 12, 2022 2:31am Feb 12, 2022 2:31am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 906 Posts
Quoting yvestrcz
Disliked
I am glad I wasn't trading yesterday as I was on the road the whole day. There must have been many casualties looking at the helter skelter PA graph yesterday. Now the drop seems to be happening at last, after the vulnerable retail traders had been fu... / abused. Today is gonna be a bearish day I suspect. Happy trading everyone!
Ignored
And yesterday was a bearish day indeed, even though it took most of the day to create the proper resistance sitting at around 1.1405, and then let it drop nicely. Buyers were warned, though.
 
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  • Post #145,415
  • Quote
  • Feb 12, 2022 4:14am Feb 12, 2022 4:14am
  •  Noor16
  • Joined Apr 2017 | Status: Member | 673 Posts
for next week
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Regard NOOR16
 
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  • Post #145,416
  • Quote
  • Feb 12, 2022 6:30am Feb 12, 2022 6:30am
  •  Leodavinci
  • | Joined Dec 2018 | Status: Member | 251 Posts
next 3 week
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  • Post #145,417
  • Quote
  • Feb 12, 2022 1:27pm Feb 12, 2022 1:27pm
  •  SirMcPip
  • Joined Apr 2009 | Status: Member | 1,483 Posts
Quoting SirMcPip
Disliked
{quote} Looking at the 4 hour chart, the market has failed to take out the 11-15-2021 High by roughly 2 pips on 12-31-2021. This will be taken out as sure as night is dark and day is light. On the Daily, 1.1450-60 is a treat to the dealers as this is the candle before the continuation breakdown on 11-15-2021 occured and where very likely lots of sell orders are still sitting. If we zoom out even further, the 03-09-2021 high is also in the vicinity of the breakout zone of 11-10-2021. Although 1.1450 is the beginning of the sell zone for continuation...
Ignored
Again bulls were kept in check at that level (1.15 + minus a few) this week. There is a chance that they might try one more time from the 1.1285-65 region. Each attempt to crack that level is a sell. New lows are on the horizon.
P.S. I still maintain that a sell off can potentially be very aggressive.
 
 
  • Post #145,418
  • Quote
  • Feb 12, 2022 4:20pm Feb 12, 2022 4:20pm
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
Neverending Embedding pt. 2
 
 
  • Post #145,419
  • Quote
  • Feb 13, 2022 5:53am Feb 13, 2022 5:53am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,344 Posts
Plan for Monday: I will be extra careful with new short orders the closer price gets to 1.1320/30 area! Only a clear intraday break below 1.1300 can give me confidence to keep selling!

That said, keep enjoying your weekends folks..
Be a seer, not a looker!
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  • Post #145,420
  • Quote
  • Feb 13, 2022 4:13pm Feb 13, 2022 4:13pm
  •  parisboy
  • Joined Oct 2017 | Status: Member | 8,927 Posts | Online Now
EURUSD Daily
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