DislikedWooow Almost +200 Bullish Pip's in G/J...Bullish even still in 2nd-session...
Umair!!!Ignored
Looking at daily range we have "only" seen 254 pips so far so its far from impossible to continue north.
Measure twice, cut once
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DislikedWooow Almost +200 Bullish Pip's in G/J...Bullish even still in 2nd-session...
Umair!!!Ignored
DislikedHi all, no trading today, Car problems had to spend a rainy morning at Nissan.
Nice trades this morning on Cable and Geppy. Aediaz1, this is your thread and the theme is perfect perfect for me, the 30 minute works especially well, entry gives enough time to see how it plays out and to get the trade set without having to crash around on lower time frames, although like yesterday it can help. I am familiar with some of the targets on breaks however, still have problems with stops if the trade doesn't move in my direction more or less straight away, I expect a small pull back but with your experience and Umairs is there any further light you can throw on the subject. Closing a trade too soon can also be an issue as targets are not always hit! I look at previous support and resistance points, round numbers and reversal candles. On posting trades I will try and state why I get into a trade and why I get out - targets etc. anything more you guys can add on stops and take profits would be great.
Thanks all for the imput on this great thread.
PajIgnored
DislikedHey guys this is a cool thread, managed to read through it yesterday from the beginning.
I mean I love triangles formations and this was the first pattern I ever noticed on my own , I really thought I was going to make it big time but you really gotta know how to play them properly I guess.
On a bigger scale im thinking that falling wedge formation on the daily is looking good.
I know some of my lines are not as you would draw but it sort of makes sense.Ignored
DislikedAediaz I appreciate your advice and take it on board my friend.
I have never traded a daily wedge so I would be thrilled if this turns out to be one but I know how fragile this pair is so wont be surprised if it is not.Ignored
DislikedHi There guy's...Today my eye's are on E/U seem's bearish to me...im waiting for some important breakdown's let's see......
Umair!!!Ignored
DislikedHi There guy's...Today my eye's are on E/U seem's bearish to me...im waiting for some important breakdown's let's see......
Umair!!!Ignored
DislikedGood morning Umairs,
As I look at the E/U I am hesitant to sell it. I am afraid it may only go down a short way to continue it's rise.Ignored
DislikedHi Dcb...
This is how i confirmed the bearish Movement on E/U...
1)Go Back 2-Daily Chart You will find E/U Stuggling & fail's to Break the Upper Line of trendline... Signal No#1...
2) Than Go Back to 4-Hour chart...I found the formation of reversal candles there signaling the down trend...+ Some commen indicator's & My own's observation... Signal No#2...
3) Than E/U Successfully manage to break the lower line of trendline in a 30-Minutes chart & confirmed me to go short so i go for it...+52 Pip's so far as E/U Drop's from 1.5990 to 1.5938 So far......
Being a daytrader i dont enter during the important new's announcement's also exit before...:... So exit for +26 Pip's onthe board......
Umair!!!Ignored
DislikedUmair, Thank you for your explanation of how you made your decision. Your were right. Good job. Do you think it will continue down?Ignored
DislikedUmair,
I believe we will have to wait another 30 minutes until all of the Eur news is out to trade E/U.Ignored