We are surfing a big wave. Chances are it may go up and we don't earn pips. But it is trying to build a reversal... But a trader with no money like me; at least must have patience....
- #1,065,684
- May 2, 2016 10:24pm May 2, 2016 10:24pm
- Joined Dec 2015 | Status: Trader | 14,257 Posts
My Intraday Setup
It looks like E/U's HH was limited by a tehnical strong resistence at 1.1533-37 zone
representing yesterday's Low, monthly&weekly R1, daily R1-mid-P;
- the weekly & monthly pivot levels are near together driven by the close for the relevant periods price evolution,
so they are building much more strong tehnical S/R levels;
- today it seems the starting point of the early hours is around that tehnical strong resistence at 1.1533-37,
but the trend seems to be pretty strong possible to break it up to DR1;
- there are the best opportunities for the early hours ...but you need to bet on the trend strength or the resisitence strength
Green to all!
It looks like E/U's HH was limited by a tehnical strong resistence at 1.1533-37 zone
representing yesterday's Low, monthly&weekly R1, daily R1-mid-P;
- the weekly & monthly pivot levels are near together driven by the close for the relevant periods price evolution,
so they are building much more strong tehnical S/R levels;
- today it seems the starting point of the early hours is around that tehnical strong resistence at 1.1533-37,
but the trend seems to be pretty strong possible to break it up to DR1;
- there are the best opportunities for the early hours ...but you need to bet on the trend strength or the resisitence strength
Green to all!
Member
- #1,065,685
- May 2, 2016 10:35pm May 2, 2016 10:35pm
- Joined Dec 2012 | Status: Trader | 1,798 Posts
Today wasn't that bad today. The count was performing good and left me with a bag with pips...For the next session I have the next view: Maybe we did saw our high.....but looking to the count I think we still didn't see our high... possible new high could be just above the high of today but the calculation as the pivot is also pointing around the 1,1563. The we see the high of this sequence and we nee to get down in the blue wave b of wave ii. I think it must be a deep one. possible is around 1,1293 but this has to be become more clear during...
You can manage risk, but you can't manage the return
- #1,065,688
- Edited 11:02pm May 2, 2016 10:51pm | Edited 11:02pm
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Hello, Holding my long here at 1.1535 {image}
{quote} Think we saw our high at 1,1541 this night.... I expect a retracement now....but the question is how deep this will be....?! {image}
{quote} I hope it but somehow doubt it, now 86% of retailers are short, this can only mean one thing for EURUSD, it will go up further after a possibly tiny retracement until retailers positions switch to 50% 50% again.
May have a bit more to go {image}
Member
- #1,065,689
- May 2, 2016 10:55pm May 2, 2016 10:55pm
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #1,065,690
- May 2, 2016 10:56pm May 2, 2016 10:56pm
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,774 Posts
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #1,065,692
- May 2, 2016 11:12pm May 2, 2016 11:12pm
- Joined Dec 2015 | Status: Trader | 14,257 Posts
THAT'S IMPOSSIBLE. MISSed MY TP FOR 0.00001 ...just 0.1 pip!!!!!!!!!! 
Member
- #1,065,693
- May 2, 2016 11:16pm May 2, 2016 11:16pm
THAT'S IMPOSSIBLE. MISSed MY TP FOR 0.00001 ...just 0.1 pip!!!!!!!!!!
Don't be scared from small retraces when we are in full trend mode.
- #1,065,694
- May 2, 2016 11:23pm May 2, 2016 11:23pm
- | Joined Jul 2012 | Status: Complicated Obsessive-Compulsive | 746 Posts
- #1,065,695
- May 2, 2016 11:25pm May 2, 2016 11:25pm
- Joined Dec 2014 | Status: Trader | 1,326 Posts
Hey guys, I just had to reinstall Windows and so I'm also having to reinstall a bunch of programs, one of them being MetaTrader. I've got everything back to normal except for one thing... that little overlay that shows the profit/loss in pips of each open trade. It's been a few months ago now when everyone (well most everyone 
) was adding it to MT, and now I can't find it. Assuming anyone has an idea of what I'm talking about, can you help?
) was adding it to MT, and now I can't find it. Assuming anyone has an idea of what I'm talking about, can you help?
- #1,065,696
- May 2, 2016 11:43pm May 2, 2016 11:43pm
Hey guys, I just had to reinstall Windows and so I'm also having to reinstall a bunch of programs, one of them being MetaTrader. I've got everything back to normal except for one thing... that little overlay that shows the profit/loss in pips of each open trade. It's been a few months ago now when everyone (well most everyone
It's XPS V8 Profit indicator. I still use it for my trading!
- #1,065,697
- May 2, 2016 11:50pm May 2, 2016 11:50pm
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} So? It is gonna go higher anyway. Don't be scared from small retraces when we are in full trend mode.
Points to consider for medium term trade ideas: RBA rate cut to 1.75% from previous 2.00% USD is still weak JPY is still strong
Member
- #1,065,699
- May 2, 2016 11:52pm May 2, 2016 11:52pm
{quote} Yep. Went up at last. Never really scared. Held the long relaxed. Hope you're relaxed too with your longs ...are you?
I am relaxed.
Hopefully you are still holding your long, because there is small chance that R1 gonna hold.
- #1,065,700
- May 2, 2016 11:53pm May 2, 2016 11:53pm
- | Commercial User | Joined Jul 2010 | 930 Posts
Morning all - any idea where I can see the % of retail investors short/versus long - dailyfx.com has it for FXCM - are there other sources...? Appreciated...
Donīt steal my idea though, just look, donīt act