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  • #1,083,081
  • Dec 8, 2016 6:58am Dec 8, 2016 6:58am
Quoting suthmo
They put the big news around the apex of the fractal and just murder all the logical stops b4 the big moves, this is some bullshit....
I can't agree more. Still targeting 1.0683 minimum.
  • #1,083,082
  • Dec 8, 2016 7:00am Dec 8, 2016 7:00am
looks like this is the needed trigger for another dollar bull wave...
  • #1,083,083
  • Dec 8, 2016 7:03am Dec 8, 2016 7:03am
Quoting MrsTrader
{quote} That is expected. I wanted to short again at 1.0870 but I didn't. I know ppl do that average down/up thing, but normally when I am on the wrong side already i don't allow myself to add positions. Because sometimes, you really never know.
That's right, you never know.
That's why we shouldn't trade earthquakes! We should run for our lifes (acc.) ...not trade!

It's kinda "be the first who jumps in, and be the first who exits with full pokets" game.
If you're too late ...you're already broken. Risky, really risky!
Member
  • #1,083,084
  • Edited 7:19am Dec 8, 2016 7:03am | Edited 7:19am
Quoting Vermillion
{quote} And there she blows. EUR/USD punched through 1.08050 as the ECB left rates unchanged. We briefly punched to 1.0860, so we hit the next series of resistance around 1.0850. Let's see if it can hold above. If it does, Next target is 1.09100. Edit: reloaded longs after the brief stint lower. That's some whiplash Longs at 1.07731, SL moved to 1.07800. Profits will be left to run. Not bad at all, considering I actually can get 50:1 leverage for this pair, unlike the cable and dollar yen due to the NFA.

Aaaand im out. Waiting for ECB now. Price is back to intraday pivot point. That was a 130 pip whiplash in about 10 minutes. Wow.

Just got a few longs set up around 1.07500, but its smaller than before. This one is just to test the bounce, Same targets, but more volatility.

Update: Got 12 pips, and I'm out. Hit the 15 minutes ichimoku cloud line (bear).
  • #1,083,085
  • Dec 8, 2016 7:03am Dec 8, 2016 7:03am
Lets see i want this to go 1% lower today and close at 1,05ish tomorrow because the markets should be preparing for the rate hike now.
  • #1,083,086
  • Dec 8, 2016 7:05am Dec 8, 2016 7:05am
Quoting Don96
{quote} whoever controlling AU, they didnt want an m30 close below 90... its obvious... fucked my short up... doubt it'll survive, could be headed for a break in EU and AU higher...
well it did/has survived so far... currently +35... going to see if we can squeeze all the way to 0.73...

sucks for those EU short...
  • #1,083,087
  • Dec 8, 2016 7:09am Dec 8, 2016 7:09am
Quoting Connors
{quote} I can't agree more. Still targeting 1.0683 minimum.
1.0683? not bad!
Ok, do you realise that any assessment now it's like playing the roulette?
...oh, sorry, I forgot, you hate rubber ...and the safe shots
Member
  • #1,083,088
  • Dec 8, 2016 7:10am Dec 8, 2016 7:10am
sellers won the first battle.....but I expect 1.10 to be tested....hmm
  • #1,083,089
  • Dec 8, 2016 7:12am Dec 8, 2016 7:12am
Quoting TudorIoan
{quote} 1.0683? not bad! Ok, do you realise that any assesment now it's like playing the roulette? ...oh, sorry, I forgot, you hate rubber ...and the safe shots
Agree, i'm stuck in the midle of a roullete but tbh the long term is on my side so as long as keep it and trump doesnt start world war 3 i'll be okay untill it reaches my targets meanwhile i'll look into JPY for 120 and oil for 60
  • #1,083,090
  • Dec 8, 2016 7:16am Dec 8, 2016 7:16am
Hi. My first post! I don't understand why it shot up like a rocket before it fell like a rock... The news where as predicted and not really good or bad. Or did I get it all wrong?
  • #1,083,091
  • Dec 8, 2016 7:18am Dec 8, 2016 7:18am
Quoting Windstrown
{quote} Agree, i'm stuck in the midle of a roullete but tbh the long term is on my side so as long as keep it and trump doesnt start world war 3 i'll be okay untill it reaches my targets meanwhile i'll look into JPY for 120 and oil for 60
They say the long term trade is safe ffrom that kind of earthquakes,
...but I keep saying this, the market it's a fractalic structure
and no TF is exempted to be drilled by wild spikes.
Good luck anyway
Member
  • #1,083,092
  • Dec 8, 2016 7:20am Dec 8, 2016 7:20am
And now 900.
Everyone can see the chart, but only a few can actually read it.
  • #1,083,093
  • Dec 8, 2016 7:21am Dec 8, 2016 7:21am
The market is just wiping out most traders, that's what this business is about. Only the mentally strong survive.
Special one
  • #1,083,094
  • Dec 8, 2016 7:22am Dec 8, 2016 7:22am
fasten seat belts, please.
  • #1,083,095
  • Dec 8, 2016 7:22am Dec 8, 2016 7:22am
Everything within tolerance going again short... stops over 802... just broke down and test the dominating support line..
Founder of Sutherland Wave Principle
  • #1,083,096
  • Dec 8, 2016 7:25am Dec 8, 2016 7:25am
Quoting TradeGenuis
The market is just wiping out most traders, that's what this business is about. Only the mentally strong survive.
...and the guys who grabs their popcorn and watch the fireworks they are survivers too
(subliminal: trade only calm markets, trade only calm markets, trade only calm markets)
Member
  • #1,083,097
  • Dec 8, 2016 7:27am Dec 8, 2016 7:27am
Quoting VikingPips
Hi. My first post! I don't understand why it shot up like a rocket before it fell like a rock... The news where as predicted and not really good or bad. Or did I get it all wrong?
Just a guess (and I am probably not right because the market will do whatever it wants - and sometimes illogical) - maybe because ECB extended QE for 9 mths (instead of 6), hence that is dovish, but it also cut bond purchase from 80 to 60b per month (i.e tapering) hence that is hawkish.

So Up and Down.
  • #1,083,098
  • Dec 8, 2016 7:29am Dec 8, 2016 7:29am
lol

look at the daily chart.. market flicked us off on Dec 5th, and again today..

i dont' think it will do that again right..?!?

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  • #1,083,099
  • Dec 8, 2016 7:32am Dec 8, 2016 7:32am
I really like that guy!!!!!!!!!!!!

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  • #1,083,100
  • Dec 8, 2016 7:32am Dec 8, 2016 7:32am
Quoting TudorIoan
{quote} ...and the guys who grabs their popcorn and watch the fireworks they are survivers too (subliminal: trade only calm markets, trade only calm markets, trade only calm markets)
Yeah except we don't know when the market will change from high volatility to low. So the key i think is to be always in and mange your risk.This business is tough, thas why very very few make it consistently.
Special one
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