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  • #1,065,621
  • May 2, 2016 6:32am May 2, 2016 6:32am
Quoting HappyMe
{quote} grrrrr.....market tricked me....from here to 1.1518-24-26 then the bigger retracement I told about... if first below 1.1466 => I have to review my count.... Now I'm in waiting modus.....
I'm sure I said this before, perhaps try a different timeframe ? instead of M5, youll survive longer
  • #1,065,622
  • May 2, 2016 6:34am May 2, 2016 6:34am
Quoting Beli
Looks like buyers dont have strenhgt to break resistance at 1.1493 and try to reach 1.1500-1540 zone where could be huge stops and very strong sellers...
I don't think so. I think we will see breakout soon.
  • #1,065,623
  • May 2, 2016 6:36am May 2, 2016 6:36am
Quoting SitNsy2BClv
Does it surprise/disappoint anyone else on the forum that some of the posts have the emotional maturity of a Trump rally? I often see good data, number crunching and thoroughly exhaustive analysis (Which is awesome! Thank you everybody. J) but... Well, I suppose I should be grateful; if not for emotional interference it would be more difficult to be profitable. I understand that we all transition through the emotional growth (Yes, I include myself I have made, still make and will make mistakes) of trading (i.e. learning how to detach from the "what...
Look most of the people in here are FUCKING FOOLS. That's how it is.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,065,624
  • May 2, 2016 6:37am May 2, 2016 6:37am
Quoting rahulkghosh
{quote} Look most of the people in here are FUCKING FOOLS. That's how it is.
​and you my friend are the Captain of them
  • #1,065,625
  • May 2, 2016 6:38am May 2, 2016 6:38am
Quoting Raa
{quote} I don't think so. I think we will see breakout soon.

We have only one break above 1.15 in 15 months...just say its very,very strong level and sellers could find their chance very easy!
Just say...
  • #1,065,626
  • May 2, 2016 6:39am May 2, 2016 6:39am
So far so good… prices don't move in straight lines.
  • #1,065,627
  • May 2, 2016 6:43am May 2, 2016 6:43am
Quoting Beli
{quote} We have only one break above 1.15 in 15 months...just say its very,very strong level and sellers could find their chance very easy! Just say...
Well, I don't have crystal ball. But I see that there is really big chance that we gonna see breakout, that is why I am holding my long. But who knows...

Green pips to you.
  • #1,065,628
  • May 2, 2016 6:44am May 2, 2016 6:44am
Quoting Raa
{quote} Well, I don't have crystal ball. But I see that there is really big chance that we gonna see breakout, that is why I am holding my long. But who knows... Green pips to you.

Off course...i am not in trade and just wait to see whats going to happened at 1.153x if we reach that zone...
As we can see at the chart this zone was paradise for sellers....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-d1-admiral-markets.png Size: 36 KB
  • #1,065,629
  • May 2, 2016 6:55am May 2, 2016 6:55am
Euro doesn't break out like other dollar crosses such as the pound, yen, aud because there is not much upside to the euro. Those who have followed the markets know what I am talking about, eur/usd took a long time just to get to 1.15.
TE started 6/4/19
  • #1,065,630
  • May 2, 2016 7:04am May 2, 2016 7:04am
Quoting Don96
{quote} I'm sure I said this before, perhaps try a different timeframe ? instead of M5, youll survive longer
Yes you did.... and thanks for that!

Actually you are right for the half.....the smaller time frames can indeed trick and flip with complex structures but if we don't do it you know much to late what is going on... That's what I try to do. Is the running counting still matching the longer time-frame(s)

First the bigger waves....everything is measured and that is my expectation for the session (shortterm or longterm) then the down drill... for confirming my expectation.
eg an example for today: I was expecting a move to the 1.1523-29 and now it looks like that we can take out max the 1.1500-10 and then an intern down move... that is what I mean... If I'm waiting and waiting until my structure break eg on the 1H or even daily is breaking I'm losing more then necessary. Well ofcourse we have to wait if it is indeed performing what I expecting

and ofcourse a call of a high/low does not necessarily mean it's a call for a trade... I always confirm with other indicators!
You can manage risk, but you can't manage the return
  • #1,065,631
  • May 2, 2016 7:05am May 2, 2016 7:05am
Buy more every dip... Any pullback is opportunity for buying.. So buy now... We are ahead 80-100 pip tonight... This gonna be crazy... Tight ur sl positif if acivied 30 pip ahead...
  • #1,065,632
  • May 2, 2016 7:07am May 2, 2016 7:07am
Quoting HappyMe
{quote} Yes you did.... and thanks for that! Actually you are right for the half.....the smaller time frames can indeed trick and flip with complex structures but if we don't do it you know much to late what is going on... That's what I try to do. Is the running counting still matching the longer time-frame(s) First the bigger waves....everything is measured and that is my expectation for the session (shortterm or longterm) then the down drill... for confirming my expectation. eg an example for today: I was expecting a move to the 1.1523-29 and...
but if you zoom out and look at price levels before here, then youd have been able to spot the level at 1.1494 back in august last year, we haven't been above it since and it was also the top of a 900+ move down... I'm not saying its going to hold but you get the idea
  • #1,065,633
  • May 2, 2016 7:12am May 2, 2016 7:12am
Quoting Don96
{quote} but if you zoom out and look at price levels before here, then youd have been able to spot the level at 1.1494 back in august last year, we haven't been above it since and it was also the top of a 900+ move down... I'm not saying its going to hold but you get the idea
correct...

and this is what I mean..
the smaller count is pointing to this max-levels..and I doesn't say that the count is correct

So during the session I try to correct possible errors in the bigger count and fine-tune the bigger view...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 8 KB
You can manage risk, but you can't manage the return
  • #1,065,634
  • May 2, 2016 7:13am May 2, 2016 7:13am
even when London is sleeping
​lol looks like we are about to pop after all
  • #1,065,635
  • May 2, 2016 7:18am May 2, 2016 7:18am
1.1494 tested and broken

But hey...
It may be going sideways or straight trending, either way, just follow intuition and enter trade with shorter sl than tp, that's it. and should it failed, then try it again or switch.

Below is part of my previously posted EU chart.
(dont be misguided by my indicators I dont use them,.. they are just ornamental)
Attached Image
  • #1,065,636
  • May 2, 2016 7:54am May 2, 2016 7:54am
only for fun this post, i'm out with this pair, it's a fucking ranging pair at this time too much GOOD RR, so no trend, every breakout it's false, every break even it' a risk, too risk for me of course...

My suggest, leave and don't trade this pair for 2-3 years...when a CLEAN signal will come (tf week and above of course, daily it's for loser long term) trade it.

If you are a scalping, welcome, it's your moment, put money on!

Have fun.
  • #1,065,637
  • May 2, 2016 7:56am May 2, 2016 7:56am
Quoting MarkoTrd
only for fun this post, i'm out with this pair, it's a fucking ranging pair at this time too much GOOD RR, so no trend, every breakout it's false, every break even it' a risk, too risk for me of course... My suggest, leave and don't trade this pair for 2-3 years...when a CLEAN signal will come (tf week and above of course, daily it's for loser long term) trade it. If you are a scalping, welcome, it's your moment, put money on! Have fun.
If you cant get into this market on EU then what market are you going to get into?
  • #1,065,638
  • May 2, 2016 8:02am May 2, 2016 8:02am
stops at b.e very early
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 14 KB
  • #1,065,639
  • May 2, 2016 8:03am May 2, 2016 8:03am
Wow. EURUSD looks like it wants to go above 1.20.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,065,640
  • May 2, 2016 8:05am May 2, 2016 8:05am
Quoting rahulkghosh
Wow. EURUSD looks like it wants to go above 1.20.
Sarcasm at it's finest. Sitation for EUR/USD is that in 6 consecutive daily bullish candles and hitting 1.15 + major resistance it has to sell off a bit. If not a lot. WE'll see the 4h close at 19:00 and further direction...

Risk reward for sell was quite GOOD, so... we might even see this as a major top right now.

ValentinoFx
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