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EURUSD

  • #1,028,801
  • Sep 28, 2015 11:46am Sep 28, 2015 11:46am
imho need to wait more to short
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,028,802
  • Sep 28, 2015 11:49am Sep 28, 2015 11:49am
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follow the flow
  • #1,028,803
  • Sep 28, 2015 11:58am Sep 28, 2015 11:58am
Thank you. It is working, going to keep half of it for longer because lots of Fed members talking this week.
Quoting Ken A
{quote} I can't concentrate trading w/ floating underwater position waiting for price to come back- hence I use stop {quote} It might work {image}
  • #1,028,804
  • Sep 28, 2015 12:08pm Sep 28, 2015 12:08pm
EUR/USD AB=CD Classic Harmonic pattern completed at 127.2%

But if this is a AB=CD Extended Harmonic Pattern we will have to wait for completion at 161.8%
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  • #1,028,805
  • Sep 28, 2015 12:09pm Sep 28, 2015 12:09pm
Quoting Atihun
{quote} dano im expecting a down move <1.1000 after the abc what do you think the momentum is perfect. many will be scared to fade. {image}
Many, but not all...

Agree with you though...

1.1254 maybe the better short
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  • #1,028,806
  • Sep 28, 2015 12:21pm Sep 28, 2015 12:21pm
Quoting Pharm0r
{quote} Many, but not all... Agree with you though... 1.1254 maybe the better short {image}
yes im not in yet. sentiment even more bearish now. omg
follow the flow
  • #1,028,807
  • Sep 28, 2015 12:29pm Sep 28, 2015 12:29pm
sl hit
Quoting zapiron
{quote} Still waiting... but not much hope...
  • #1,028,808
  • Sep 28, 2015 12:48pm Sep 28, 2015 12:48pm
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  • #1,028,809
  • Sep 28, 2015 1:01pm Sep 28, 2015 1:01pm
Quoting zapiron
sl hit {quote}
Now that your SL has hit are you going to open a long right away?
  • #1,028,810
  • Sep 28, 2015 1:02pm Sep 28, 2015 1:02pm
Quoting Pharm0r
{quote} Many, but not all... Agree with you though... 1.1254 maybe the better short {image}
H1 FEITCTAJ
  • #1,028,811
  • Sep 28, 2015 1:03pm Sep 28, 2015 1:03pm
Quoting Pharm0r
{quote} Many, but not all... Agree with you though... 1.1254 maybe the better short {image}
1.1254 is today´s R1 pivot. We should be touching that before US market closes... I honestly don´t pick high or lows, but if you are going to trade reversals then it is always best to do so at a daily pivot. In this case you are picking the daily r1.
  • #1,028,812
  • Sep 28, 2015 1:04pm Sep 28, 2015 1:04pm
Quoting candlesticks
EUR/USD AB=CD Classic Harmonic pattern completed at 127.2% But if this is a AB=CD Extended Harmonic Pattern we will have to wait for completion at 161.8% {image}
Sorry mate, but you got the whole concept of AB=CD wrong. Fib 127% and Fib Expansion 127% are totally different things.

The meaning of AB = CD is so simple actually:

The change in price from point A to B = The change in price from point C to D

In your example that is exactly what happened. AB = CD ---> Measured by Fib Expansion it will show 100%

Please repeat your study on how to measure AB=CD, that's my friendly advice.

Best Regards
Focus only on what truly matters!
  • #1,028,813
  • Sep 28, 2015 1:04pm Sep 28, 2015 1:04pm
Quoting WhyDrawdown
{quote} 1.1254 is todays R1 pivot. We should be touching that before US market closes... I honestly dont pick high or lows, but if you are going to trade reversals then it is always best to do so at a daily pivot. In this case you are picking the daily r1.
Nope, was eyeballing the H4. That R1 will help. I fired too early

Quoting MissPips
{quote} H1 FEITCTAJ
  • #1,028,814
  • Sep 28, 2015 1:09pm Sep 28, 2015 1:09pm
So when did fxtyrant moved to UK?
Why sell the bottoms when you can buy the tops...
  • #1,028,815
  • Sep 28, 2015 1:09pm Sep 28, 2015 1:09pm
Both bear and bull don't have any other choice but to fight in tight range because TL getting narrow and October FOMC knocking the door.
Yet what bear doing is too much stubbornness. By any chance if it fails there will be a disaster
You cannot learn better without losing
  • #1,028,816
  • Sep 28, 2015 1:13pm Sep 28, 2015 1:13pm
Quoting Pharm0r
{quote} Nope, was eyeballing the H4. That R1 will help. I fired too early {quote}
Forming third hour of it now
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  • #1,028,817
  • Sep 28, 2015 1:15pm Sep 28, 2015 1:15pm
Time to go short on EU?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,028,818
  • Sep 28, 2015 1:18pm Sep 28, 2015 1:18pm
Quoting KillerWhale
Time to go short on EU?
This pattern is forming

http://www.forexfactory.com/showthre...rn#post8315884
  • #1,028,819
  • Sep 28, 2015 1:26pm Sep 28, 2015 1:26pm
The EUR/USD rose over the 1.11240 support level today and i think it is a sign for more elevation for the pair.
  • #1,028,820
  • Sep 28, 2015 1:27pm Sep 28, 2015 1:27pm
Quoting MissPips
{quote} This pattern is forming http://www.forexfactory.com/showthre...rn#post8315884
Right!
New voice message: Why are you calling me? If I need you, I'll call you!
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