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EURUSD

  • #1,074,421
  • Aug 24, 2016 8:19pm Aug 24, 2016 8:19pm
I bought. We will see the results tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 23 KB
  • #1,074,422
  • Aug 24, 2016 9:14pm Aug 24, 2016 9:14pm
If you are trading live I suggest you stay of the markets this Friday.
  • #1,074,423
  • Aug 24, 2016 10:34pm Aug 24, 2016 10:34pm
Quoting investing101
If you are trading live I suggest you stay of the markets this Friday.
Or I could keep trading and tighten my SL on friday.

Don't you think?
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,074,424
  • Aug 24, 2016 10:38pm Aug 24, 2016 10:38pm
Quoting investing101
If you are trading live I suggest you stay of the markets this Friday.
Yellen's speeches do nothing to the market...it will probably go from red to yellow, anyway.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,425
  • Aug 24, 2016 10:42pm Aug 24, 2016 10:42pm
Quoting OnlineAddict
{quote} Yellen's speeches do nothing to the market...it will probably go from red to yellow, anyway.
But the markets are like falling asleep, i thought it was related to next friday
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,074,426
  • Aug 24, 2016 10:44pm Aug 24, 2016 10:44pm
Inserted Video
  • #1,074,427
  • Aug 24, 2016 10:49pm Aug 24, 2016 10:49pm
Quoting PowerTrade
{quote} Or I could keep trading and tighten my SL on friday. Don't you think?
SL orders become useless in High impact news with most of the brokers, very wide spread will Couse SL to be executed far away from its original price
The Market is always right
  • #1,074,428
  • Aug 24, 2016 11:31pm Aug 24, 2016 11:31pm
The EUR/USD is trading close to unchanged since yesterday's session. Price is now 1.1272 which is slightly above first support at 1.1260 suggesting that a move to the upside is probable.
  • #1,074,429
  • Aug 24, 2016 11:39pm Aug 24, 2016 11:39pm
Quoting baherhosni
{quote} I am leaning towards testing the low of the day.. may even a couple of pips blow for the boost up ward again..
It possible of course, cause if we hit 1.1244 it will be the fifht of wave A, it can be short...After that we should see wave B to the north ant it can be impulsive and boost up ward again, like u said
(It's not an advise, use your own head..)
  • #1,074,430
  • Aug 25, 2016 12:04am Aug 25, 2016 12:04am
Looks like yesterday was a profit taking day along with some bears beginning to short the currency pair due to Jackson Hole Symposium that starts today and ends tomorrow where the Fed chief will speak. Today should be a compression day (narrow range day) as the Big boys try to figure out if the Fed will raise the interest rates by the end of this year. So today you will find me in the side lines just watching.
  • #1,074,431
  • Aug 25, 2016 12:12am Aug 25, 2016 12:12am
Quoting PowerTrade
{quote} Or I could keep trading and tighten my SL on friday. Don't you think?

Wide spreads and whipsaws with touch your stop loss in no time. One second your making a few bucks the other your stop loss is hit. Friday we will either tank hard or head to 1.14 but not in a straight line which is why stoplosses wont work
  • #1,074,432
  • Aug 25, 2016 1:17am Aug 25, 2016 1:17am
Quoting Jonstaples
Looks like yesterday was a profit taking day along with some bears beginning to short the currency pair due to Jackson Hole Symposium that starts today and ends tomorrow where the Fed chief will speak. Today should be a compression day (narrow range day) as the Big boys try to figure out if the Fed will raise the interest rates by the end of this year. So today you will find me in the side lines just watching.
Same here, watching to see if this is the end of the correction.
Plenty of time to get Long if it finds longer term support. [8H / 12H]
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 160825 12H [2].png Size: 64 KB
Wait, or you will be slaughtered!
  • #1,074,433
  • Aug 25, 2016 1:20am Aug 25, 2016 1:20am
Seriously.

A verry bad IFO from Germany.

Euro shoots up,verry strange.

I stay on the sidelines to.
  • #1,074,434
  • Aug 25, 2016 1:37am Aug 25, 2016 1:37am
Quoting 3Davy
Seriously. A verry bad IFO from Germany. Euro shoots up,verry strange. I stay on the sidelines to.
indeed....
You can manage risk, but you can't manage the return
  • #1,074,435
  • Aug 25, 2016 1:40am Aug 25, 2016 1:40am
Quoting HappyMe
{quote} indeed....
Most manipulated currency in the world some say.

I must believe it.

I think just a big short stoploss is hit.
  • #1,074,436
  • Aug 25, 2016 1:47am Aug 25, 2016 1:47am
Quoting Uturn2
{quote} Same here, watching to see if this is the end of the correction. Plenty of time to get Long if it finds longer term support. [8H / 12H] Cheers, U2 {image}
EURUSD 12H Chart [updated]:
The wave c [of abc] was a 114.6% extension of wave a.
A valid HEW projection target.
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 160825 12H [1].png Size: 58 KB
Wait, or you will be slaughtered!
  • #1,074,437
  • Aug 25, 2016 2:01am Aug 25, 2016 2:01am
EURUSD 30M HEW Chart:
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 160825 30M [2].png Size: 88 KB
Wait, or you will be slaughtered!
  • #1,074,438
  • Aug 25, 2016 2:04am Aug 25, 2016 2:04am
Quoting Uturn2
EURUSD 30M HEW Chart: Cheers, U2 {image}
I doubt about which count to follow...mine as yours both can be valid at the moment.....
You can manage risk, but you can't manage the return
  • #1,074,439
  • Aug 25, 2016 2:11am Aug 25, 2016 2:11am
The trend is moving up to the point of 1.13077.
I would start buying now!
Attached Image (click to enlarge)
Click to Enlarge Name: Безымянн99.png Size: 26 KB
  • #1,074,440
  • Aug 25, 2016 2:20am Aug 25, 2016 2:20am
Quoting OnlineAddict
EDIT: 1260 might be the only thing I get...I am in. Very small SL of a few pips.
Quoting OnlineAddict
Well, we are still testing it...but the low in this case is 1260...and it doesn't want to break...lets see if 1271 holds, if not, I will keep my long open.
I was just lucky...still long...never went below a 1 pip drawdown, so I am quite happy. SL now in some profit. Target open...depends if we break 1311 or not...if we do, I might try to hold until 1430.
Everyone can see the chart, but only a few can actually read it.
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