...Price bounce off the 50fibo as we predicted and is now trap betwing the yellow ema 5 and the green ema 30...
The Chonchy
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
DislikedWe finally pierced through the 1.5450 mark Mr. Chonchy. I had pending orders there and will watch price behaviour at that level and below hopefully. I anticipate a new low in the coming weeks. RegardsIgnored
DislikedA good buy area just below I think on the dual retest {image} {image}Ignored
Disliked{quote} Good Morning Sirs, Taken profit @ 1.5450 as anticipated. Price might get to 1.5510 so ill wait for a sell at a higher price Happy TradingIgnored
DislikedHello Sir. Zizo, how are you Sir Ill-b-back, hope all fine, waiting for the speech of Miss pips, I mean miss Yellen tomorrow with open arms........I'm a bit long here.... {image} ...We need a retest of that lower trend line of the equidistant channel, don't we? well at least I'm betting on it....
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Disliked{quote} Not sure. I closed one of my shorts just in case. The two rejects of the EMA50 on the weekly (my yellow line) are convincing me to keep my other shorts from 1.1240, 1.1180 and 1.1020 for the time being. If we do go up there, I'm thinking an impressive reject of 1.08 will happen first, which happened in May and then again, but not so impressive, in July. Also, the pair was able to grab a 38.2% retrace on the move from 1.3699 to 1.0420. I say south, and in a hurry. Best of luck! Hope all is well with you and your family, Chonchy. {image}Ignored
DislikedHello Sir. Zizo, how are you Sir Ill-b-back, hope all fine, waiting for the speech of Miss pips, I mean miss Yellen tomorrow with open arms........I'm a bit long here.... {image} ...We need a retest of that lower trend line of the equidistant channel, don't we? well at least I'm betting on it....
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DislikedA good buy area just below I think on the dual retest {image} {image}Ignored
Disliked{quote}Medium to long term is less of a hassle and eliminates the greed and fear issues most of us have. With that in mind, I find myself waiting for best entries and my risk to reward ratio has skyrocketed. I wish you greens sir. Where is Sir Ill-be-back
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Disliked{quote} Good Morning Sir Chonchy, I dont see a reason for your going long at this levels as i said previously the trend is still down. I'm currently holding shorts from 1.5490 -1.5450 and hoping to see a new low in the coming weeks. The weekend is around the corner. I used to be a day trader but i changed my views after blowing up a few accountsMedium to long term is less of a hassle and eliminates the greed and fear issues most of us have. With that in mind, I find myself waiting for best entries and my risk to reward ratio has skyrocketed....
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