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EURUSD

  • #1,045,741
  • Dec 18, 2015 4:35am Dec 18, 2015 4:35am
Quoting PayTheLimit
took a chance here...for a scalp {image}
nice trade/level
Sometimes it's better to be wrong,to learn..
  • #1,045,742
  • Dec 18, 2015 4:41am Dec 18, 2015 4:41am
Quoting KzX
{image}
Not sure why you have an arrow showing that the price will go up if it is in a 5th wave going down?
  • #1,045,743
  • Dec 18, 2015 4:46am Dec 18, 2015 4:46am
EUR/USD made a bearish candle on H4 chart. Unless the top of this candle is taken out we should see lower prices.

However, on Daily chart we have support at 1.0795 which is holding the price up so far. If the support at 1.0795 is taken out we can see prices drop quite rapidly.
  • #1,045,744
  • Dec 18, 2015 4:50am Dec 18, 2015 4:50am
Quoting candlesticks
{quote} Not sure why you have an arrow showing that the price will go up if it is in a 5th wave going down?
This is the key word, you just answered yourself. What if it's not wave 5?
Is there ALWAYS wave 5? One scenario supports wave 5 and break below, second 50% mother candle support and break above.
  • #1,045,745
  • Dec 18, 2015 5:25am Dec 18, 2015 5:25am
Quoting candlesticks
EUR/USD made a bearish candle on H4 chart. Unless the top of this candle is taken out we should see lower prices. However, on Daily chart we have support at 1.0795 which is holding the price up so far. If the support at 1.0795 is taken out we can see prices drop quite rapidly.
Daily Stoch looks like it's going to cross at oversold area. MACD also starting to cross which could indicate a direction change.
  • #1,045,746
  • Dec 18, 2015 5:25am Dec 18, 2015 5:25am
  • #1,045,747
  • Dec 18, 2015 5:26am Dec 18, 2015 5:26am
shorting USDCAD.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 19 KB
  • #1,045,748
  • Dec 18, 2015 5:27am Dec 18, 2015 5:27am
DAX long off pivot

Stopped out on the first entry earlier
Attached Image
  • #1,045,749
  • Dec 18, 2015 5:33am Dec 18, 2015 5:33am
Quoting dreamt1me
shorting USDCAD. {image}
And why?
Fix up, trade sharp ...
  • #1,045,750
  • Dec 18, 2015 5:34am Dec 18, 2015 5:34am
Quoting dreamt1me
shorting USDCAD. {image}
Out with few.
  • #1,045,751
  • Dec 18, 2015 5:34am Dec 18, 2015 5:34am
Is that a support? Double bottom?... it's going 1.0870 again right?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 28 KB
  • #1,045,752
  • Dec 18, 2015 5:36am Dec 18, 2015 5:36am
Quoting Hickson
{quote} And why?
And why not? I played important level. Ideal entry, SL very tight. Why not?
  • #1,045,753
  • Dec 18, 2015 5:36am Dec 18, 2015 5:36am
Quoting dreamt1me
shorting USDCAD. {image}
Just went long
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-12-18 06_35_50-414223_ FxPro.com-Real04 - [USDCAD,M15].png Size: 21 KB
All posts are my personal opinion
  • #1,045,754
  • Dec 18, 2015 5:37am Dec 18, 2015 5:37am
Quoting dreamt1me
{quote} And why not? I played important level. Ideal entry, SL very tight. Why not?
What level do you mean? I see no level there to short from.
Fix up, trade sharp ...
  • #1,045,755
  • Dec 18, 2015 5:37am Dec 18, 2015 5:37am
oil trying to break 34.50
Don't be a hero. Don't have an ego. Always question yourself
  • #1,045,756
  • Dec 18, 2015 5:40am Dec 18, 2015 5:40am
Quoting Hickson
{quote} What level do you mean? I see no level there to short from.
dm3.
  • #1,045,757
  • Dec 18, 2015 5:42am Dec 18, 2015 5:42am
Quoting Rtm
{quote} Just went long {image}
Yes, shortly after i lost my position, i saw nice entry for long, but I think USDCAD is already overbought, that's why i am looking for shorts.

regards,
  • #1,045,758
  • Dec 18, 2015 5:42am Dec 18, 2015 5:42am
Quoting USD-Bear
oil trying to break 34.50

Sorry on my platform oil is trading around 35.80, it is FEB16 contract tough. I dont have any other contracts here.
  • #1,045,759
  • Dec 18, 2015 5:44am Dec 18, 2015 5:44am
Quoting Hickson
{quote} What level do you mean? I see no level there to short from.
he has his own levels
  • #1,045,760
  • Dec 18, 2015 5:45am Dec 18, 2015 5:45am
Hammer on E/J 2 hours ago, maybe too late already.

U/C gaining.

E and U both wanting to go up. I wonder what happens to E/U?
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