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  • #107,861
  • Mar 29, 2023 9:31am Mar 29, 2023 9:31am
bulls seem giving up.. I started to short this ..1.0834.. stop loss 1.0877 for now... will add...
  • #107,862
  • Mar 29, 2023 9:58am Mar 29, 2023 9:58am
Quoting Boulder
{quote} I just longed again here 1.0840 to 1.0844.. stop loss 1.0833... may not work...
I have it set for 5x reward. In this case 1.0738. If i took it. But once it dropped the r/r was much less.

The month 1.0812 and others are in the way.. So i opted out.. After the month closes I think it will be less murky.
those who can, do. those who cant, talk about those who can
  • #107,863
  • Mar 29, 2023 10:03am Mar 29, 2023 10:03am
Quoting Boulder
bulls seem giving up.. I started to short this ..1.0834.. stop loss 1.0877 for now... will add...
It can be very choppy. PA is still above lots of large supports. When you get a signal it may already be too late.
This is where accounts can suffer. Dont trust stuff. Its not the right days. PA is too close to 1.0835
those who can, do. those who cant, talk about those who can
  • #107,864
  • Mar 29, 2023 10:31am Mar 29, 2023 10:31am
Quoting gatorinla
{quote} It can be very choppy. PA is still above lots of large supports. When you get a signal it may already be too late. This is where accounts can suffer. Dont trust stuff. Its not the right days. PA is too close to 1.0835
Part of trading, I have to take what my system gives me, it may not work out. but in the long run it will. my main issue is not the entry, since I am not afraid to go in anytime, its more about how I can hold the position for tp. The very last ea long, I would have rr 1:2 tp with close to 90 pips but I failed to hold it
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  • #107,865
  • Mar 29, 2023 10:53am Mar 29, 2023 10:53am
Quoting gatorinla
{quote} It can be very choppy. PA is still above lots of large supports. When you get a signal it may already be too late. This is where accounts can suffer. Dont trust stuff. Its not the right days. PA is too close to 1.0835
Are the systems saying bullish for the EURUSD? I understand about end of month and quarter closing prices, but from what i gather till now, both systems saying long.
Cheers!!
  • #107,866
  • Mar 29, 2023 11:02am Mar 29, 2023 11:02am
Quoting Boulder
bulls seem giving up.. I started to short this ..1.0834.. stop loss 1.0877 for now... will add...
Bears took over some trends.. watch H1 1.0820 per sys II let see bears can reverse or not..
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  • #107,867
  • Mar 29, 2023 11:26am Mar 29, 2023 11:26am
Quoting Boulder
{quote} Part of trading, I have to take what my system gives me, it may not work out. but in the long run it will. my main issue is not the entry, since I am not afraid to go in anytime, its more about how I can hold the position for tp. The very last ea long, I would have rr 1:2 tp with close to 90 pips but I failed to hold it {image}
Many good systems worse days, are news days. This is a quarter close. That alone can make it volatile. Being in the shadow of 1.0835 could amplify that. This is not an ordinary quarter close. One bad day can take a months profit.
those who can, do. those who cant, talk about those who can
  • #107,868
  • Mar 29, 2023 11:28am Mar 29, 2023 11:28am
Quoting PipsMaster23
{quote} Are the systems saying bullish for the EURUSD? I understand about end of month and quarter closing prices, but from what i gather till now, both systems saying long.
Yeah. But the month and some weeks systems are still bearish. PA retraced to the center. PA retraced to a place with a cluster of pa. PA has been dropping since mid 2008. This 6 months of rise is now getting into Spring. It may go into range soon. That dont matter to scalpers, and short periods.
those who can, do. those who cant, talk about those who can
  • #107,869
  • Mar 29, 2023 11:41am Mar 29, 2023 11:41am
Quoting gatorinla
{quote} Yeah. But the month and some weeks systems are still bearish. PA retraced to the center. PA retraced to a place with a cluster of pa. PA has been dropping since mid 2008. This 6 months of rise is now getting into Spring. It may go into range soon. That dont matter to scalpers, and short periods.
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those who can, do. those who cant, talk about those who can
  • #107,870
  • Mar 29, 2023 11:45am Mar 29, 2023 11:45am
Quoting gatorinla
{quote} Many good systems worse days, are news days. This is a quarter close. That alone can make it volatile. Being in the shadow of 1.0835 could amplify that. This is not an ordinary quarter close. One bad day can take a months profit.
only risk 0.3% for this account, so no worries ...if I risk 2%, I may have to reconsider.. stop loss moves down to 1.0869 atm.. I will keep trailing the stop loss with the trend..
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  • #107,871
  • Mar 29, 2023 11:51am Mar 29, 2023 11:51am
Quoting gatorinla
{quote} I got the 12 R and support like this (see picture). Straddling 1.0735.. with 1.0732 and 1.0801.9. 1.0801.9 R is popular with the 6h and 8h also. Its testing the 30 min at 1.0797. If it runs to 1.0801.9, but cant close above it. Or 1.0797. It may be forced down again. It opened the day and closed the 12h above 1.0765. That was not bearish to me. At 1.0801.9 the 12h bear may be. The 30 min one is close. The close above 1.0765 may force it to 1.0801x to test {image}
The 12h did break. The day didnt. PA is between.. The stall the past few months. Makes most ma based indicators go to 1.0835 area.
Of the 2 in this picture. These are bull/bear trend indicators. PA is between them. A mixed signal (range). The green one is the weaker one. The upper range is near the high earlier. The last drop, pa didnt reach the lower range.

The week 20 sma is in the same area 1.0650 ish. The month atm is 1.0812ish. PA is sitting on it, after testing 1.087x..
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those who can, do. those who cant, talk about those who can
  • #107,872
  • Mar 29, 2023 12:14pm Mar 29, 2023 12:14pm
Quoting gatorinla
{quote} The 12h did break. The day didnt. PA is between.. The stall the past few months. Makes most ma based indicators go to 1.0835 area. Of the 2 in this picture. These are bull/bear trend indicators. PA is between them. A mixed signal (range). The green one is the weaker one. The upper range is near the high earlier. The last drop, pa didnt reach the lower range. The week 20 sma is in the same area 1.0650 ish. The month atm is 1.0812ish. PA is sitting on it, after testing 1.087x.. {image}
Trending indicators give a lot of false signals when pa stalls.
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those who can, do. those who cant, talk about those who can
  • #107,873
  • Mar 29, 2023 12:55pm Mar 29, 2023 12:55pm
Today gbp and aud fell but euro Markets makers are not letting it fall...dunno why.. does it mean new highs for euro or screwing everyone who buy now only to fall it big..

Only Deutsche bank bad news can make this euro fall big
  • #107,874
  • Mar 30, 2023 1:38am Mar 30, 2023 1:38am
Facial recognition is helping Putin curb dissent with the aid of U.S. tech...
https://www.reuters.com/investigates...ia-detentions/
I am who I am
  • #107,875
  • Mar 30, 2023 3:24am Mar 30, 2023 3:24am
Quoting Boulder
bulls seem giving up.. I started to short this ..1.0834.. stop loss 1.0877 for now... will add...
shorts didn't make tp . got stopped out
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  • #107,876
  • Mar 30, 2023 3:34am Mar 30, 2023 3:34am
in 30 mins H4 close, if bears can't hold 1.0863 at close, this goes higher
  • #107,877
  • Mar 30, 2023 4:05am Mar 30, 2023 4:05am
Quoting Boulder
in 30 mins H4 close, if bears can't hold 1.0863 at close, this goes higher
H4 sys II just reversed to uptrend... keep in mind ..day range high 1.0918..I am here scalping longs for now
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  • #107,878
  • Mar 30, 2023 6:23am Mar 30, 2023 6:23am
Chinese colleges are giving students a week off to 'fall in love' as the country struggles to keep its birth rate up...
https://www.insider.com/chinese-coll...e-birth-2023-3
I am who I am
  • #107,879
  • Mar 30, 2023 7:28am Mar 30, 2023 7:28am
Quoting Boulder
{quote} shorts didn't make tp . got stopped out {image}
I closed one early at 0873. But I should of left it alone. I got -8, 0, +16, and +24. For + 26. At the top of my head. That math dont work. I get 32. That slippage sucks. Its obvious now I should of left it alone. But I wont bitch at 29 pips. I may shed a tear at 1.0927. I may kick the dog at 1.0942.
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those who can, do. those who cant, talk about those who can
  • #107,880
  • Mar 30, 2023 7:39am Mar 30, 2023 7:39am
Quoting gatorinla
{quote} I closed one early at 0873. But I should of left it alone. I got -8, 0, +16, and +24. For + 26. At the top of my head. That math dont work. I get 32. That slippage sucks. Its obvious now I should of left it alone. But I wont bitch at 29 pips. I may shed a tear at 1.0927. I may kick the dog at 1.0942. {image}
I had some day R at 1.0873. Its obvious now, it didn't have an effect. It did yesterday. I have some in the 1.092x area. Month range and that month fib is there. Another smaller one at 1.0942.5. The month ends Friday. So a new month range will start next week. The fib will remain for a long time.
Tomorrow being the Q end. As bullish as it is. Tomorrow pa can still close below 1.0835. Bulls want it above 1.0835.

EU loves 100 pips overshoots/undershoots at large numbers.
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those who can, do. those who cant, talk about those who can
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