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  • #1,078,521
  • Oct 21, 2016 11:20am Oct 21, 2016 11:20am
US stocks are currenly declining due to us dollar strength. Also, remember, stronger dollar is bad news for American exporters. Therefor, there is a good chance for change of direction for EURUSD before the market closes. In addition, another reasoning for change of direction is profit taking which might occur in next few hours.
  • #1,078,522
  • Oct 21, 2016 11:23am Oct 21, 2016 11:23am
NOT kpmg ...of course I am short , since Many Days.... These now are fresh longs for playing only short term...

Tight SL The TREND is DOWN .
  • #1,078,523
  • Oct 21, 2016 11:39am Oct 21, 2016 11:39am
Quoting stylinex
{quote} Still on track for 1.05 I reckon
Almost there
  • #1,078,524
  • Oct 21, 2016 11:51am Oct 21, 2016 11:51am
good time to short for next week?...what do you think?anyone...
  • #1,078,525
  • Oct 21, 2016 12:04pm Oct 21, 2016 12:04pm
Attachment
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  • #1,078,526
  • Oct 21, 2016 12:14pm Oct 21, 2016 12:14pm
Quoting Dano12
2045745 {image} {image}
DANO we need some words for your nice charts ....

13:15 = 1.08 67 I raise my SL on longs to 1.08 60 as Palpite does
  • #1,078,527
  • Oct 21, 2016 12:19pm Oct 21, 2016 12:19pm
Quoting F.g
{quote} DANO we need some words for your nice charts .... 13:15 = 1.08 67 I raise my SL on longs to 1.08 60 as Palpite does

H4 wait for finishing w5 and correction

D1 two large zigzag from option 1 to 1

correction next week
  • #1,078,528
  • Oct 21, 2016 12:38pm Oct 21, 2016 12:38pm
Quoting Dano12
{quote} H4 wait for finishing w5 and correction D1 two large zigzag from option 1 to 1 correction next week
Correction in which direction?
  • #1,078,529
  • Oct 21, 2016 12:39pm Oct 21, 2016 12:39pm
North
  • #1,078,530
  • Oct 21, 2016 12:45pm Oct 21, 2016 12:45pm
Quoting Forextrade18
{quote} Correction in which direction?

abc correction up
  • #1,078,531
  • Oct 21, 2016 12:45pm Oct 21, 2016 12:45pm
I am looking at rolling over my small position to next week and going long on USD/EUR, purchased @1.09054, in hopes that it will move up to. 1.09150 and see if it can go higher from there, not sure if it can make it today. Opinions?
  • #1,078,532
  • Oct 21, 2016 1:00pm Oct 21, 2016 1:00pm
Quoting Dano12
{quote} abc correction up
Thank you Dano for your respond. As per your chart calculation what price you are expecting to reach?
  • #1,078,533
  • Oct 21, 2016 1:14pm Oct 21, 2016 1:14pm
Quoting Forextrade18
{quote} Thank you Dano for your respond. As per your chart calculation what price you are expecting to reach?
I do not know yet, we'll see on the divergence when the channel break of 1 h
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  • #1,078,534
  • Oct 21, 2016 1:46pm Oct 21, 2016 1:46pm
Quoting Dano12
{quote} I do not know yet, we'll see on the divergence when the channel break of 1 h {image}
Nice charts.
I have similar idea. So 1.1050 or 1.1120 is next stop. Maybe
Anyways, crazy 2 weeks.
But they are over.
ÂÂ
Look at this
On Friday morning, large swaths of the U.S. experienced a major Internet outageand it was the kind of large-scale takedown of which security expert Bruce Schneier recently foretold. The outage, which appears to have mainly affected the U.S. and predominantly the East coast, began at around 7:10 A.M. ET on Friday morning. Among the sites that suffered were Twitter, Reddit, Spotify, the New York Times, and even Robber Banks fake feeds.ÂÂ

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Beware of robber banks (RB), bad advisors.
  • #1,078,535
  • Oct 21, 2016 1:47pm Oct 21, 2016 1:47pm
Quoting Forextrade18
{quote} What are your indications for heavy institutional orders? Are you assuming or you are looking at some type of charts or order form? Thank you in advance for your answer.
I use orderflow. You can predict institutional activity with some skill there.
  • #1,078,536
  • Oct 21, 2016 2:23pm Oct 21, 2016 2:23pm
Quoting Trader-Dale
{quote} I use orderflow. You can predict institutional activity with some skill there.
Thank you
  • #1,078,537
  • Oct 21, 2016 2:40pm Oct 21, 2016 2:40pm
Quoting F.g
{quote} DANO we need some words for your nice charts .... 13:15 = 1.08 67 I raise my SL on longs to 1.08 60 as Palpite does
Not a smart idea to raise the SL...... Hit...

I ll long at 1.08 82 on stop with 1.08 55 SL
  • #1,078,538
  • Oct 21, 2016 3:04pm Oct 21, 2016 3:04pm
Quoting Trader-Dale
{quote} I use orderflow. You can predict institutional activity with some skill there.
I wouldn't necessarily agree as far as the certainty of direction. HOWEVER 1.088 is a very accurate level to watch. If there is a clear break of this level the probability of a move completion at 1.0856 having been reached is too compelling to ignore.

Also, the flash price jack up to 1.0392 before the ECB press release is a move that should be factored into price mapping. Whats funny is as i am writing this, it looks like the weekend is going to end with the 1.088 level served on a silver platter to those looking to re-enter on trend continuation. Will Sunday tell us more? We'll definitely have to wait and see.
The coincidental success is more dangerous than the expected failure
  • #1,078,539
  • Oct 21, 2016 3:38pm Oct 21, 2016 3:38pm
Quoting F.g
{quote} Not a smart idea to raise the SL...... Hit... I ll long at 1.08 82 on stop with 1.08 55 SL
Â
We need few days away from the charts 
I'm going crazy.
Maybe i should have listened to myself - DON'T TRADE FRIDAY, DON'T TOUCH aussie. DON'T ACT TOO EARLY.....
I have two small lots short, to 1.0825 area. All else is long and turning dark crimson red
Â
I try to stay away but somehow open small positions... Or bigger.
Â
Trade safe. Good weekend.
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Beware of robber banks (RB), bad advisors.
  • #1,078,540
  • Oct 21, 2016 4:00pm Oct 21, 2016 4:00pm
Long @ 1.08 82 I think we have seen a bottom of some importance... I expect a rebound next week. Perhaps stronger than we think ... ... ... Perhaps. We ll see .
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