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  • #1,085,521
  • Jan 2, 2017 6:52am Jan 2, 2017 6:52am
I wouldn't even touch Fx today, all banks closed, thin volume...moves can go crazy, and spreads are bigger

Recepee for losses
Make money by doing the opposite of Giveachance aka loser
  • #1,085,522
  • Jan 2, 2017 6:58am Jan 2, 2017 6:58am
Quoting nessus94
I wouldn't even touch Fx today, all banks closed, thin volume...moves can go crazy, and spreads are bigger Recepee for losses
Agree, but there is some momentum and direction at least on EU. Of course scalp only, take few pips and run.
Control the risk
  • #1,085,523
  • Jan 2, 2017 7:00am Jan 2, 2017 7:00am
EURUSD already broken turncoat support which means possible down trend begins... confirmed by ADX, yet H4 still showing Up trend though...

Daily Technical Analysis - Investopedia

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It is the dust where you came from & it is the dust where you shall return
  • #1,085,524
  • Jan 2, 2017 7:08am Jan 2, 2017 7:08am
& here comes the Support & Resistance again.... possible down & then again possible reversal or break the support & another down begins... always follow the trend

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It is the dust where you came from & it is the dust where you shall return
  • #1,085,525
  • Jan 2, 2017 7:10am Jan 2, 2017 7:10am
EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352. I have a short position for now.
  • #1,085,526
  • Jan 2, 2017 7:15am Jan 2, 2017 7:15am
Quoting Don96
{quote} also they relate to each other... as ive posted before here... AU UCHF UJ... they can show moves in EU so... learnt to trade and then it may be of some value to you
I'll take that on board Don thanks
rat
  • #1,085,527
  • Jan 2, 2017 7:17am Jan 2, 2017 7:17am
Quoting Don96
{quote} nobody is interested in your 1.10 next week sometime in EU... how is that of any value to anyone anwhere? your underwater in longs and shitting yourself incase that trend line break wipes you out thats the way i see it
don't have any euro position only dow and gold at the moment don metals are shut today as are indices just futures prices.
I see your fresh meat Don new boy to the game
rat
  • #1,085,528
  • Jan 2, 2017 7:25am Jan 2, 2017 7:25am
Quoting Don96
my Intra-day levels for EU tomorrow - 10 pip SL 10 pip TP Red is sell, Black is buy... perhaps a difficult one due to low volatility and large moves previous day/week {image}
breakout on the first 2 levels stopped, 3rd level gave half profit closed b.e

3rd level touch nicely, see if it can get another 5 pips
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  • #1,085,529
  • Jan 2, 2017 7:44am Jan 2, 2017 7:44am
Quoting Don96
{quote} breakout on the first 2 levels stopped, 3rd level gave half profit closed b.e 3rd level touch nicely, see if it can get another 5 pips {image}
is anyone here any good at coding? just a small indicator?
  • #1,085,530
  • Jan 2, 2017 7:52am Jan 2, 2017 7:52am
Quoting james1254
EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352. I have a short position for now.
What shooting star candle are you talking about on the daily ? Last friday one ? body is too big if so.
  • #1,085,531
  • Jan 2, 2017 8:04am Jan 2, 2017 8:04am
i'm short eurusd too

looking to retest the low in the 1.0353 area
  • #1,085,532
  • Jan 2, 2017 8:05am Jan 2, 2017 8:05am
Quoting onedollar
{quote} What shooting star candle are you talking about on the daily ? Last friday one ? body is too big if so.
Depends on the broker/server time I quess. Mine FXCM shows perfect shooting star
Control the risk
  • #1,085,533
  • Jan 2, 2017 8:15am Jan 2, 2017 8:15am
Quoting Paulie7482
{quote} Depends on the broker/server time I quess. Mine FXCM shows perfect shooting star
your best using New York time if you want to trade of daily candles US dollar pairs. It closes 17:00 EST or 22:00 GMT the candle.
rat
  • #1,085,534
  • Jan 2, 2017 8:53am Jan 2, 2017 8:53am
Quoting Don96
{quote} breakout on the first 2 levels stopped, 3rd level gave half profit closed b.e 3rd level touch nicely, see if it can get another 5 pips {image}
Update on EU - +10 taken profit

Also long on GU from here grey line... again 10 TP 10 SL - wasnt managing the trade as close as EU as position is a lot smaller due to being out, i would have probably been stopped breakeven on this now after going +7.5 at first.. (green line tp, Red line SL, lower grey line is next entry)
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  • #1,085,535
  • Jan 2, 2017 9:06am Jan 2, 2017 9:06am
Look 1m chart it's moving crazy.
  • #1,085,536
  • Jan 2, 2017 9:11am Jan 2, 2017 9:11am
Quoting 3Davy
{quote} There is only one way on this currency. DOWN DOWN DOWN.
Not for now.
The coincidental success is more dangerous than the expected failure
  • #1,085,537
  • Jan 2, 2017 9:12am Jan 2, 2017 9:12am
Quoting Don96
{quote} Update on EU - +10 taken profit Also long on GU from here grey line... again 10 TP 10 SL - wasnt managing the trade as close as EU as position is a lot smaller due to being out, i would have probably been stopped breakeven on this now after going +7.5 at first.. (green line tp, Red line SL, lower grey line is next entry) {image} {image}
What broker do you use? This holiday no trading crap is driving me nuts.
The coincidental success is more dangerous than the expected failure
  • #1,085,538
  • Jan 2, 2017 9:19am Jan 2, 2017 9:19am
Quoting Paulie7482
{quote} Same here : ) First target @ 1.0448
10pips in 3 hours, just watching the paint dry. I quess I'm done for today.
Control the risk
  • #1,085,539
  • Jan 2, 2017 9:24am Jan 2, 2017 9:24am
Quoting Neqrotik
{quote} What broker do you use? This holiday no trading crap is driving me nuts.
intertrader and city index, got an oanda account aswell but they aren't open today
  • #1,085,540
  • Jan 2, 2017 9:28am Jan 2, 2017 9:28am
Quoting Don96
{quote} Update on EU - +10 taken profit Also long on GU from here grey line... again 10 TP 10 SL - wasnt managing the trade as close as EU as position is a lot smaller due to being out, i would have probably been stopped breakeven on this now after going +7.5 at first.. (green line tp, Red line SL, lower grey line is next entry) {image} {image}
UCHF entry at 419/420 - spreads are too high but its what im looking at for 10 pips
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