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  • #1,074,461
  • Aug 25, 2016 6:03am Aug 25, 2016 6:03am
Quoting shaan295
now we r going down again ... be ready guys...
Yeah bears to come.

I wait for economic data later.
  • #1,074,462
  • Aug 25, 2016 6:16am Aug 25, 2016 6:16am
Quoting 3Davy
{quote} Yeah bears to come. I wait for economic data later.
Look at the forecasts and history data...the data can be only bad today. Another move up for EU.

And even if its good...PA is bullish, so the news won't matter...it would just move down a bit to re-load and go up again. But bad news during such a bullish day...that can be really bad for EU bears today.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,463
  • Aug 25, 2016 6:36am Aug 25, 2016 6:36am
Quoting OnlineAddict
{quote} Look at the forecasts and history data...the data can be only bad today. Another move up for EU. And even if its good...PA is bullish, so the news won't matter...it would just move down a bit to re-load and go up again. But bad news during such a bullish day...that can be really bad for EU bears today.
Maybe you wright.

What makes you so sure about the data?
Forecast is positive but that not sure i know.
  • #1,074,464
  • Aug 25, 2016 6:37am Aug 25, 2016 6:37am
One of two scenarios dependant on the coming news in an hour below:

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  • #1,074,465
  • Aug 25, 2016 7:12am Aug 25, 2016 7:12am
Quoting Uturn2
{quote} The big question: Is it a Bearish Triangle, or a Bullish Double Bottom? Cheers Devart
Eh boh, on such long time I have not idea honestly
Everything can happen
  • #1,074,466
  • Aug 25, 2016 7:32am Aug 25, 2016 7:32am
Quoting 3Davy
{quote} Maybe you wright. What makes you so sure about the data? Forecast is positive but that not sure i know.
I wasn't sure about the data, it was just a feeling and it was wrong. But looking at EU...that feeling was right, at least.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,467
  • Edited 7:48am Aug 25, 2016 7:35am | Edited 7:48am
Quoting OnlineAddict
{quote} I wasn't sure about the data, it was just a feeling and it was wrong. But looking at EU...that feeling was right, at least.
Long ore short after data?

Bad data europe
Good data USA

It shoots up.
  • #1,074,468
  • Aug 25, 2016 7:42am Aug 25, 2016 7:42am
Dollar bears need to take a rest. U.S. economy is too strong as compared to rest of the world for any long bearish trend in USD.
  • #1,074,469
  • Aug 25, 2016 7:48am Aug 25, 2016 7:48am
uppppp euroo uppppppppp
  • #1,074,470
  • Aug 25, 2016 7:48am Aug 25, 2016 7:48am
Quoting 3Davy
{quote} Long ore short after data?
I posted my view...I don't care about news, they just delay numbers sometimes.

EDIT: Closing my long from 1260 at 1292 for 32 pips, so I can take a break.
Everyone can see the chart, but only a few can actually read it.
  • #1,074,471
  • Aug 25, 2016 7:58am Aug 25, 2016 7:58am
Quoting OnlineAddict
{quote} I posted my view...I don't care about news, they just delay numbers sometimes. EDIT: Closing my long from 1260 at 1292 for 32 pips, so I can take a break.
Yeah but sometimes it reacts on the news in the wright direction.

For now not a direct move.
  • #1,074,472
  • Aug 25, 2016 8:01am Aug 25, 2016 8:01am
Hello guys looking at the graph I have found a pattern that could confirm the bearish three drive explained on this same page (53724).
The BTD (bearish three ..) if confirmed could be completed (point 3) around 1.1480-1.1500 and after this there could be a draw dawn.
In this point 3 (1.1480-1.1500) there is also the possibility that another pattern (Bearish Cypher) could be completed and trigger a bearish movement.
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  • #1,074,473
  • Aug 25, 2016 8:02am Aug 25, 2016 8:02am
Quoting Uturn2
{quote} {quote} Hi Rob, The Renko is a standard 5 brick. It tends to lag a bit on higher time frames [6H and above] 4H seems a better fit. The MAs are modified Hull. They are attached to Price [Close]. Now if only I could attach the Hulls to the Renko, they may look like this: http://www.forexfactory.com/showthre...33#post9100533 3:10 for HMA https://youtu.be/O2PKyR8nmm0 Cheers, U2

Blind.. Deaf and Dumb.........
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,074,474
  • Aug 25, 2016 8:16am Aug 25, 2016 8:16am
Opened position last night profit target reached. Opened another long now.
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  • #1,074,475
  • Aug 25, 2016 8:17am Aug 25, 2016 8:17am
I will wait for the last few hours of the day and if we don't break 1300, I will think about shorts...
Everyone can see the chart, but only a few can actually read it.
  • #1,074,476
  • Aug 25, 2016 8:28am Aug 25, 2016 8:28am
EURUSD MLY Chart:
Case for a Bearish Triangle:
[using HEW ratios]
My preference would be red ^d and ^e.
Cheers, U2

Edit: Ratios added
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSD 160825 MLY [4] Ratios.png Size: 17 KB
Wait, or you will be slaughtered!
  • #1,074,477
  • Aug 25, 2016 8:28am Aug 25, 2016 8:28am
Quoting OnlineAddict
I will wait for the last few hours of the day and if we don't break 1300, I will think about shorts...
Oke thanks.

It is doing nothing now.
  • #1,074,478
  • Aug 25, 2016 8:44am Aug 25, 2016 8:44am
what time is yellen speech as uk time guys , does anyone know
  • #1,074,479
  • Aug 25, 2016 8:45am Aug 25, 2016 8:45am
Quoting Uturn2
EURUSD MLY Chart: Case for a Bearish Triangle: [using HEW ratios] My preference would be red ^d and ^e. Cheers, U2 Edit: Ratios added {image} {image}
For beeing this a triangle the leg ^a must be a simple abc. I don't think this is just an abc (actually I think this is a comlex second degree wave).
So from this perspective this can't be a triangle following the HEW-count as far I can see
You can manage risk, but you can't manage the return
  • #1,074,480
  • Aug 25, 2016 8:52am Aug 25, 2016 8:52am
Quoting HappyMe
{quote} For beeing this a triangle the leg ^a must be a simple abc. I don't think this is just an abc (actually I think this is a comlex second degree wave). So from this perspective this can't be a triangle following the HEW-count as far I can see
^a?
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 160825 DLY [1] Ratios.png Size: 42 KB
Wait, or you will be slaughtered!
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