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EURUSD

  • #1,072,001
  • Jul 13, 2016 4:48am Jul 13, 2016 4:48am
short 1071
trading is simple but is simple is not easy.
  • #1,072,002
  • Edited 5:47am Jul 13, 2016 4:59am | Edited 5:47am
Quoting ZenNy
short 1071
Shorts ready at 1.11.

Maybe you wright but I wait and see.
  • #1,072,003
  • Jul 13, 2016 5:01am Jul 13, 2016 5:01am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
200 MA on 1H = 1,1083

Let us see what happens...
  • #1,072,004
  • Jul 13, 2016 5:02am Jul 13, 2016 5:02am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
On 30 M is going to correct just now
  • #1,072,005
  • Jul 13, 2016 5:03am Jul 13, 2016 5:03am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting ZenNy
short 1071
Try to buy, get some pips and a new short higher, no?

4H says it will go some more north.

Jos
  • #1,072,006
  • Jul 13, 2016 5:35am Jul 13, 2016 5:35am
Quoting jmmn
{quote} ...4H says it will go some more north. Jos
Northward momentum is weak; ranging market atm but major direction more towards the south. Trade safe.
Do your homework, follow the footprints of smart money
  • #1,072,007
  • Jul 13, 2016 5:51am Jul 13, 2016 5:51am
Hello Folks,

EURUSD: H1 Cypher Pattern final D leg might complete around 1.1107.

P.S: When it comes to cypher patterns I generally jump in very carefully after a confirmation on smaller timeframes.
With this one it looks like it could be a nice 2:1 R/R case. I hope it helps.

Best Regards
Attached Image (click to enlarge)
Click to Enlarge Name: EU-H1-2016-07-13.JPG Size: 66 KB
Focus only on what truly matters!
  • #1,072,008
  • Jul 13, 2016 6:42am Jul 13, 2016 6:42am
Quoting Ata-Turkoglu
Hello Folks, EURUSD: H1 Cypher Pattern final D leg might complete around 1.1107. P.S: When it comes to cypher patterns I generally jump in very carefully after a confirmation on smaller timeframes. With this one it looks like it could be a nice 2:1 R/R case. I hope it helps. Best Regards {image}
HI Ata...
your stop is above 1128 ... to sell in 1107.... target close of 1030 ?
It is how you play this Pattern ?
  • #1,072,009
  • Jul 13, 2016 6:50am Jul 13, 2016 6:50am
Quoting chess king
{quote} HI Ata... your stop is above 1128 ... to sell in 1107 ? It is how you play this Pattern ?
The idea is to sell at 11073 with SL at 11286 and TP 10667
Bearish butterfly (but it is not very clear pattern this time so we have to see if hit the entry)
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,072,010
  • Jul 13, 2016 6:58am Jul 13, 2016 6:58am
Quoting baherhosni
{quote} The idea is to sell at 11073 with SL at 11286 and TP 10667 Bearish butterfly (but it is not very clear pattern this time so we have to see if hit the entry)
okay ... thank you
  • #1,072,011
  • Jul 13, 2016 7:01am Jul 13, 2016 7:01am
Quoting chess king
{quote} okay ... thank you
Never mention it..... Ever....
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,072,012
  • Jul 13, 2016 7:03am Jul 13, 2016 7:03am
Quoting jmmn
{quote} Try to buy, get some pips and a new short higher, no? 4H says it will go some more north. Jos
Hi

Before shorting made 7.4 long, entry was at 1056.......also made 15pips long GU with entry at 3050.

Prices were in range between 1071 and 1056... went long below and short above for scalps.. also 1079 resistance.

The 4h TF is not considered when I scalp......trades are made based on 5-15m, too large for my signal TF.

Thanks for your input.
trading is simple but is simple is not easy.
  • #1,072,013
  • Jul 13, 2016 7:05am Jul 13, 2016 7:05am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting baherhosni
{quote (but it is not very clear pattern this time so we have to see if hit the entry)
Why do you say that the pattern is not very clear this time? Thanks!
  • #1,072,014
  • Jul 13, 2016 7:12am Jul 13, 2016 7:12am
Quoting jmmn
{quote} Why do you say that the pattern is not very clear this time? Thanks!

Cuz the H1 candles are not drawing the pattern very clearly as we would "want" to clearly see it to become a possible signal

+ the price now hit the 50% fib from the previous downward move and reversed.. As it stands at the moment, the pattern is not looking like it will be completed.

EDIT: Oh it also went south just getting close to the SMA 200 on H1
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,072,015
  • Jul 13, 2016 7:14am Jul 13, 2016 7:14am
Quoting Ata-Turkoglu
Hello Folks, EURUSD: H1 Cypher Pattern final D leg might complete around 1.1107. P.S: When it comes to cypher patterns I generally jump in very carefully after a confirmation on smaller timeframes. With this one it looks like it could be a nice 2:1 R/R case. I hope it helps. Best Regards {image}
If you mean gartley of butterfly yours it is a little bit free interpretation...
the point C should be between A and B...in your case is damn low.
So I do not think it will we a bear movement.
THe TP is between 1.1111 and 1.1130
Attached Images
  • #1,072,016
  • Jul 13, 2016 8:00am Jul 13, 2016 8:00am
I'm not sure.... but in the 4H-chart I see the price continue coming above the ma8/21 ...last sessions it also tested the sma89 but overall it does not switch into real downtrend with rhythm.

Normally I can follow the following rule with this:
if price in a down-move....comes above ma8/21 it tends to go below ma8/21 again and afterwards it tends to break the sma89 and can test the sma200 before a new direction is settled...

In combination with HEW it gives me the feeling that we can see the coming sessions the moves as shown....

Anyway I'm not sure...but my feeling tells me we must break the sma89 and test the sma200 before we can escape out of this ranging area...

Well we will see...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 18 KB
You can manage risk, but you can't manage the return
  • #1,072,017
  • Jul 13, 2016 8:24am Jul 13, 2016 8:24am
Quoting Devart
{quote} If you mean gartley of butterfly yours it is a little bit free interpretation... the point C should be between A and B...in your case is damn low. So I do not think it will we a bear movement. THe TP is between 1.1111 and 1.1130 {image} {image} {image}
My Friend,

I said what I said and explained. It has nothing to do with Gartley or Butterfly. If it was a Gartley I would say so in my analysis. Please research and study the "CYPHER" pattern and then ask again if you still need assistance. I would be happy to assist you.

Best Regards
Focus only on what truly matters!
  • #1,072,018
  • Jul 13, 2016 8:30am Jul 13, 2016 8:30am
Riding from today' s low targeting 1150
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1c.png Size: 50 KB
unlearning is difficult than learning-that is the key!!
  • #1,072,019
  • Jul 13, 2016 8:35am Jul 13, 2016 8:35am
Quoting Ata-Turkoglu
{quote} My Friend, I said what I said and explained. It has nothing to do with Gartley or Butterfly. If it was a Gartley I would say so in my analysis. Please research and study the "CYPHER" pattern and then ask again if you still need assistance. I would be happy to assist you. Best Regards
hi all
If i have a little time, and also if several people ask me I can share a magnificent pattern, the "answer to all " pattern. A pattern that beats all others
Beware of robber banks (RB), bad advisors.
  • #1,072,020
  • Jul 13, 2016 8:37am Jul 13, 2016 8:37am
Quoting Not-KPMG
{quote} hi all If i have a little time, and also if several people ask me I can share a magnificent pattern, the "answer to all " pattern. A pattern that beats all others
Do you see any resistance? Time is all yours. Plenty...
Focus only on what truly matters!
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