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  • #1,018,821
  • Aug 13, 2015 3:33am Aug 13, 2015 3:33am
Quoting AdelPC
{quote} So there... long @1.1120
Closed at BE to re-enter at lower price....expecting price to go up later.
When in doubt, HEDGE
  • #1,018,822
  • Aug 13, 2015 3:35am Aug 13, 2015 3:35am
Quoting KiwiTrada
{quote} is it out the question to bounce 100 pip from here:nerd:
With the upper boundary of a triangle on daily chart hit already. I do not expect such a range bounce. My bias is more in the downside of this pair now. Fib 38.2% will hold it flat for some time at around .1075 before Deeping more. My prediction.
  • #1,018,823
  • Aug 13, 2015 3:42am Aug 13, 2015 3:42am
Quoting HareshBM
{quote} EURUSD on the very of a break-out from the descending trend-channel. Should the pair manage to sustain its strength above this short-term descending channel, it could possibly open room for extension of the near-term up-move initially towards an intermediate resistance near 1.1200-20 zone and eventually towards its next major resistance near 1.1400 level.
EURUSD reversing from an intermediate resistance. Should it drop back below 1.1100 level support, marking the lower trend-line of an ascending channel formation on 1-hourly chart, yesterday's break-out would turn out to be a fake-out and the pair could immediately drop to test 1.1050-40 resistance break-point turned support.

The near-term expectation of an up-move towards 1.1400 remains intact till the time it manages to hold 1.1050-40 support.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH113082015.png Size: 8 KB
  • #1,018,824
  • Aug 13, 2015 3:50am Aug 13, 2015 3:50am
Quoting shome
{quote} With the upper boundary of a triangle on daily chart hit already. I do not expect such a range bounce. My bias is more in the downside of this pair now. Fib 38.2% will hold it flat for some time at around .1075 before Deeping more. My prediction.
sorry I cant see an utl of triangle daily that been hit, I have her at the mid between utl and ltl
If you are new to Forex? Say Goodbye to your account!!
  • #1,018,825
  • Aug 13, 2015 3:51am Aug 13, 2015 3:51am
M5 looks bullish. Thanks to 1.1111 magical point.
  • #1,018,826
  • Aug 13, 2015 4:00am Aug 13, 2015 4:00am
Would have closed the short trade here at the rejection of the 1115 level (+ a few ) and wait for a break of the mid and a retest or down to the next level for reentry .

Just saying .
Peace
  • #1,018,827
  • Aug 13, 2015 4:00am Aug 13, 2015 4:00am
Quoting rk00
M5 looks bullish. Thanks to 1.1111 magical point.
The magic is all in the charts
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1.jpg Size: 215 KB
persistence and determination alone are omnipotent
  • #1,018,828
  • Aug 13, 2015 4:02am Aug 13, 2015 4:02am
I am interested in a long here(1.1119) , so long 1.109 holds with good risk and reward (Y).
Life is a game. Money is how we keep scores.
  • #1,018,829
  • Aug 13, 2015 4:02am Aug 13, 2015 4:02am
Quoting KiwiTrada
{quote} sorry I cant see an utl of triangle daily that been hit, I have her at the mid between utl and ltl
Are you in an uphill climb now? or what entry points are you looking at?
  • #1,018,830
  • Aug 13, 2015 4:03am Aug 13, 2015 4:03am
Quoting KiwiTrada
{quote} is it out the question to bounce 100 pip from here:nerd:
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,018,831
  • Aug 13, 2015 4:15am Aug 13, 2015 4:15am
Quoting shome
{quote} Are you in an uphill climb now? or what entry points are you looking at?
yes this is daily with her flirting with mid of compression range since beginning feb and yes she is in climb mode 1154 is key for me, I have just enter 1111 with sl 1110 if she pop I add green pips if drop I lose 11 pip it is late entry for extension only my base trades have been butchered to pay the bills, I have more focus on yen and cad for tonight and possibly kiwi she is @ support now, waiting for one of them to make a move
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily 13 8 2015.png Size: 45 KB
If you are new to Forex? Say Goodbye to your account!!
  • #1,018,832
  • Aug 13, 2015 4:19am Aug 13, 2015 4:19am
Quoting KiwiTrada
{quote} yes this is daily with her flirting with mid of compression range since beginning feb and yes she is in climb mode 1154 is key for me, I have just enter 1111 with sl 1110 if she pop I add green pips if drop I lose 11 pip it is late entry for extension only my base trades have been butchered to pay the bills, I have more focus on yen and cad for tonight and possibly kiwi she is @ support now, waiting for one of them to make a move {image}
You have a strong point here. You have just given me another side of possible reaction. Let me monitor it critically
  • #1,018,833
  • Aug 13, 2015 4:25am Aug 13, 2015 4:25am
Breakout or fakeout?
It seems the critical point is right here, right now
Attached Image (click to enlarge)
Click to Enlarge Name: Breakout.jpg Size: 356 KB
Riding the Dragon....
  • #1,018,834
  • Aug 13, 2015 4:27am Aug 13, 2015 4:27am
Quoting Farstrider
Breakout or fakeout? It seems the critical point is right here, right now {image}
Whether its breakout or fakeout. We shall see now
  • #1,018,835
  • Aug 13, 2015 4:29am Aug 13, 2015 4:29am
Quoting rk00
M5 looks bullish. Thanks to 1.1111 magical point.
for me too
I know we have different candles for daily candle, but mine it shows -82pip for today, which is an enough movement for 1 day.
I have around +80pip average from 3 shorts and a bit hesitating to bank the profit or let it to go maybe in loosing position.

Since the main trend is bearish and I should let the profit run, but I see clearly a long entry on lower timeframe.. maybe hedge?
I want to buy PATIENCE
  • #1,018,836
  • Aug 13, 2015 4:32am Aug 13, 2015 4:32am
patience..
  • #1,018,837
  • Aug 13, 2015 4:34am Aug 13, 2015 4:34am
Quoting matheszabi
{quote} for me too I know we have different candles for daily candle, but mine it shows -82pip for today, which is an enough movement for 1 day. I have around +80pip average from 3 shorts and a bit hesitating to bank the profit or let it to go maybe in loosing position. Since the main trend is bearish and I should let the profit run, but I see clearly a long entry on lower timeframe.. maybe hedge?

hedge and wait for confirmation

or

bank ..no one ever went broke taking profits
persistence and determination alone are omnipotent
  • #1,018,838
  • Aug 13, 2015 4:39am Aug 13, 2015 4:39am
EU has support at 1.1110 but I think it can't hold by US session.
  • #1,018,839
  • Aug 13, 2015 4:48am Aug 13, 2015 4:48am
Quoting matheszabi
{quote} for me too I know we have different candles for daily candle, but mine it shows -82pip for today, which is an enough movement for 1 day. I have around +80pip average from 3 shorts and a bit hesitating to bank the profit or let it to go maybe in loosing position. Since the main trend is bearish and I should let the profit run, but I see clearly a long entry on lower timeframe.. maybe hedge?
With recent china problems, trend migh have changed fundamentally for now. Daily might erase yesterday candle, do a doiji or another strong bull day. My guess is if it doesn't break this support before NY, we are going up.
  • #1,018,840
  • Aug 13, 2015 4:52am Aug 13, 2015 4:52am
morning folks nice to wake up and see 1,11111 in my chart
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