Broken above 178
Attached Image (click to enlarge)
- #2,662
- Jan 14, 2015 2:53pm Jan 14, 2015 2:53pm
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
{quote} Thanks, but it has to be done with consistency. A good day alone is not enough - consistently trading in discipline and profits, day in and day out, week in and week out, month in and month out, year in and year out, that is what I want.
- #2,663
- Jan 14, 2015 2:54pm Jan 14, 2015 2:54pm
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
{quote} GJ is literally scary how accurately it touched bottom according to the previous retrace...almost to the pip. I scaled out of my 177 long for bit of profit taking (i think price will retest 177 again or even 176.3. Still holding longs from avg. scale in that bring me to 177.45. Pending orders again at 177 and still at 176.00/.30 {image} {image} {image} {image} {image}
Broke above DP 178.00/77.90, next probably 179.10/00 - #2,665
- Jan 14, 2015 2:58pm Jan 14, 2015 2:58pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
{quote} I have a pending sell at 178.80 but only for few pips bounce of it.
Do you expect the price to go up? over the next few days? price left oversold condition in 4hr chart and about to leave in daily, also trading in overbought in 30min and 1hr so it might but i belive it has to face a nice fib level before moving higher.
When price turns i will draw a fib of last leg and see if there are some of the levels matching with other support levels
- #2,667
- Jan 14, 2015 3:14pm Jan 14, 2015 3:14pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} Hi, I do not have a limit order, I dont want to catch a falling knife if it choose to rally up. However i have been waiting a while for a proper short setup. Do you expect the price to go up? over the next few days? price left oversold condition in 4hr chart and about to leave in daily, also trading in overbought in 30min and 1hr so it might but i belive it has to face a nice fib level before moving higher. When price turns i will draw a fib of last leg and see if there are some of the levels matching with other support levels
Fix up, trade sharp ...
- #2,669
- Jan 14, 2015 3:22pm Jan 14, 2015 3:22pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #2,671
- Jan 14, 2015 3:56pm Jan 14, 2015 3:56pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
Same, im not able to stay up all night waiting for a confirmation of a retracement, im sure when i wake up tomorrow i missed a great opportunity 
thatīs whats great with forex, there will always arrive a new opportunity if you lost one
thatīs whats great with forex, there will always arrive a new opportunity if you lost one - #2,673
- Jan 14, 2015 4:17pm Jan 14, 2015 4:17pm
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
For those trading E/U since Im not at my desk tommorrow.
1.1792
1.1779
1.1756
If price can sustain above 1.1792 next probably 1.1856; above 1.1856 I got 1.1866/78/94
Also a test of 1.1756 is probable.
For G/J:
Broke DP 178.00/77.90 which is positive, next should be 179.10/00, also a test of 178.00/77.90 is probable. As long as DP 177.00/76.90 unbroken bias is up.
Good luck and good night
1.1792
1.1779
1.1756
If price can sustain above 1.1792 next probably 1.1856; above 1.1856 I got 1.1866/78/94
Also a test of 1.1756 is probable.
For G/J:
Broke DP 178.00/77.90 which is positive, next should be 179.10/00, also a test of 178.00/77.90 is probable. As long as DP 177.00/76.90 unbroken bias is up.
Good luck and good night
- #2,674
- Jan 14, 2015 4:18pm Jan 14, 2015 4:18pm
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
Same, im not able to stay up all night waiting for a confirmation of a retracement, im sure when i wake up tomorrow i missed a great opportunity
- #2,675
- Jan 14, 2015 5:39pm Jan 14, 2015 5:39pm
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
For those trading E/U since Im not at my desk tommorrow. 1.1792 1.1779 1.1756 If price can sustain above 1.1792 next probably 1.1856; above 1.1856 I got 1.1866/78/94 Also a test of 1.1756 is probable. For G/J: Broke DP 178.00/77.90 which is positive, next should be 179.10/00, also a test of 178.00/77.90 is probable. As long as DP 177.00/76.90 unbroken bias is up. Good luck and good night
- #2,676
- Jan 14, 2015 8:19pm Jan 14, 2015 8:19pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #2,677
- Jan 14, 2015 9:24pm Jan 14, 2015 9:24pm
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Same, im not able to stay up all night waiting for a confirmation of a retracement, im sure when i wake up tomorrow i missed a great opportunity
Yes, that's important when the sparks are flying......close out while you're ahead and go after the next one,.....at least three probable trades a day, huh!!
- #2,678
- Jan 14, 2015 9:28pm Jan 14, 2015 9:28pm
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
{quote} There is a pattern at 176.931 but that is not it.
I see swings till February 2 or so....then a spike down and then up like a bad mutha hump...shut your mouth...baby .I'm talkin' 'bout Shaft.....!!
yep, We'll party then..
ETAdd.....as evidence I wish to submit the chart from last year.......Feb. 4 spike from hail
- #2,679
- Jan 14, 2015 9:32pm Jan 14, 2015 9:32pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
{quote} Somehow, I think you'll see your symmetry target. I see swings till February 2 or so....then a spike down and then up like a bad mutha hump...shut your mouth...baby .I'm talkin' 'bout Shaft.....!!
{quote} Hi FX-Ray, {image}
The world you desire can be won. It exists.. it is real.. it is possible..
- #2,680
- Jan 14, 2015 11:47pm Jan 14, 2015 11:47pm
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts