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  • #1,074,061
  • Aug 18, 2016 1:43pm Aug 18, 2016 1:43pm
The past week, EU is not following any rules, which it follows 99% of time. Something weird is going on...a huge euro dump wouldn't surprise me after this.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,062
  • Aug 18, 2016 1:44pm Aug 18, 2016 1:44pm
Graph M15, M30, H1. H4 shown the divergences. By rules, the graph should be dive very soon. The issue is which high is high for her. Sigh.
  • #1,074,063
  • Aug 18, 2016 1:46pm Aug 18, 2016 1:46pm
Short at 1.135.

Way oversold. We're due for a heavy correction, IMO.
  • #1,074,064
  • Aug 18, 2016 1:48pm Aug 18, 2016 1:48pm
Quoting mej504
Short at 1.135. Way oversold. We're due for a heavy correction, IMO.
So you are shorting something you consider to be oversold? I dont get it.
The coincidental success is more dangerous than the expected failure
  • #1,074,065
  • Aug 18, 2016 1:49pm Aug 18, 2016 1:49pm
Market makers do follow Ichimoku cloud indicator. After so many rejections on weekly chart, this pair has finally cleared the cloud. It can now easily go to 1.20 . This is the reason we are seeing such up move, swing traders are building their long position on every little down move.
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  • #1,074,066
  • Aug 18, 2016 1:51pm Aug 18, 2016 1:51pm
Quoting Neqrotik
{quote} So you are shorting something you consider to be oversold? I dont get it.
Overbought***
  • #1,074,067
  • Aug 18, 2016 1:52pm Aug 18, 2016 1:52pm
Quoting nafham
Graph M15, M30, H1. H4 shown the divergences. By rules, the graph should be dive very soon. The issue is which high is high for her. Sigh.

You must be sure for 20!!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,074,068
  • Aug 18, 2016 1:53pm Aug 18, 2016 1:53pm
Quoting Nabz
This is the reason we are seeing such up move, swing traders are building their long position on every little down move. {image}
There is difference between a healthy upmove following the regular rules and an unhealthy upmove, at least thats how I see it. Lets see who is right...for me this 1350+ looks like 1.10 or even 1.06. A normal bull move looks different...but lets wait and see.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,069
  • Aug 18, 2016 1:56pm Aug 18, 2016 1:56pm
Quoting baherhosni
{quote} You must be sure for 20!!
i am bloody sure
  • #1,074,070
  • Aug 18, 2016 1:58pm Aug 18, 2016 1:58pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting 3Davy
{quote} Can you give me a number?
Quoting jmmn
{quote} I believe that the next target is 1,1427 and I continue long eurusd...

1,1427
  • #1,074,071
  • Aug 18, 2016 2:00pm Aug 18, 2016 2:00pm
Quoting OnlineAddict
{quote} There is difference between a healthy upmove following the regular rules and an unhealthy upmove, at least thats how I see it. Lets see who is right...for me this 1350+ looks like 1.10 or even 1.06. A normal bull move looks different...but lets wait and see.
Do you honestly think the USD can show any strength now?!!?
Traders are going short since the technical says so.. But you look at this thing when SLs are hit!!!!!

A fire truck's hose pointed upward would look silly compared to it..

I am short but I don't know.. Just don't feel comfortable about this situation so I am not counting on this trade to win...
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,074,072
  • Aug 18, 2016 2:00pm Aug 18, 2016 2:00pm
Quoting OnlineAddict
{quote} There is difference between a healthy upmove following the regular rules and an unhealthy upmove, at least thats how I see it. Lets see who is right...for me this 1350+ looks like 1.10 or even 1.06. A normal bull move looks different...but lets wait and see.
This is 700 pip unhealthy move (4H Chart) from last year from 1.10 to 1.17 and price was under Ichimoku cloud on weekly.
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  • #1,074,073
  • Aug 18, 2016 2:00pm Aug 18, 2016 2:00pm
Quoting baherhosni
{quote} Do you honestly think the USD can show any strength now?!!? Traders are going short since the technical says so.. But you look at this thing when SLs are hit!!!!! A fire truck's hose pointed upward would look silly compared to it.. I am short but I don't know.. Just don't feel comfortable about this situation so I am not counting on this trade to win...
"feel" has nothing to do with trading
All posts are my personal opinion
  • #1,074,074
  • Aug 18, 2016 2:03pm Aug 18, 2016 2:03pm
This is current 4H chart. It looks a lot more healthy move than last year.
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  • #1,074,075
  • Aug 18, 2016 2:07pm Aug 18, 2016 2:07pm
Quoting OnlineAddict
{quote} There is difference between a healthy upmove following the regular rules and an unhealthy upmove, at least thats how I see it. Lets see who is right...for me this 1350+ looks like 1.10 or even 1.06. A normal bull move looks different...but lets wait and see.
I think you are correct. A bullish-move.... for me that's an impulse move looks indeed different.
Since the Brexit we only saw a complex correction. And even now this looks corrective. Well yes the last moves are impulsive...but still in a triple zigzag (since the Brexit).... and a triple zigzag is a corrective structure. It must be around now (following my calculations) comes to an end..... Then I think we can see again an impulsive move down the hill....and yes I also think it's a long way down (estimated: 1,0513)...okeoke...that's ofcourse not in a straight line ....

And yes I have to admit...when I look to this thing....I really think: "that can't be true........"
You can manage risk, but you can't manage the return
  • #1,074,076
  • Aug 18, 2016 2:09pm Aug 18, 2016 2:09pm
Quoting Rtm
{quote} "feel" has nothing to do with trading
And your "comment" does??!!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,074,077
  • Aug 18, 2016 2:19pm Aug 18, 2016 2:19pm
is it possible 1.1400 be seen first before start moving down??!!!
  • #1,074,078
  • Aug 18, 2016 2:20pm Aug 18, 2016 2:20pm
how is it still going up!!
  • #1,074,079
  • Aug 18, 2016 2:21pm Aug 18, 2016 2:21pm
I hope that was the last hammer up... time to turn down?
  • #1,074,080
  • Aug 18, 2016 2:42pm Aug 18, 2016 2:42pm
Long
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