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  • #1,089,621
  • Feb 2, 2017 12:30am Feb 2, 2017 12:30am
Quoting MrsTrader
{quote} Sorry i have a question ... everyone on this thread seems to understand this except for me ... I don't understand this "everyone is selling eurusd to recover his loss . and thats why EURUSD going up up up .becoz no buyer yet." If everyone is selling EU/no buyers, shouldn't EU drop rather than go up?
Well... it means that RBs are buying , but they cannot buy unless there are eager sellers [us , the retailers...]

  • #1,089,622
  • Feb 2, 2017 12:32am Feb 2, 2017 12:32am
This is how I trade plus RB Inspiration.. The question is, how do people trade out here?
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  • #1,089,623
  • Feb 2, 2017 12:34am Feb 2, 2017 12:34am
Quoting F.g
{quote} Well... it means that RBs are buying , but they cannot buy unless there are eager sellers [us , the retailers...]
Oh ok! hahaha now that makes sense. LOL. Thanks!

Staying out of EU for now anyway. Most ppl seem to be inclined to long but I have no confidence in taking a long trade now, so better sit out and just watch.
  • #1,089,624
  • Feb 2, 2017 12:39am Feb 2, 2017 12:39am
Quoting Nightingales
Retail traders won't affect the market anyway
yes they can .if they are in majority and right now there are in majority...
  • #1,089,625
  • Feb 2, 2017 12:40am Feb 2, 2017 12:40am
sell at 1.0792...tp 1.0685....
sell AUDSD at 0.7643...tp 0.7550...wait n see...be patient....
  • #1,089,626
  • Feb 2, 2017 12:41am Feb 2, 2017 12:41am
Quoting analyst786
{quote} yes they can .if they are in majority and right now there are in majority...
okay... you win!
  • #1,089,627
  • Feb 2, 2017 12:47am Feb 2, 2017 12:47am
Quoting Biplobff
{quote} What you are expecting regarding your analysis...
in the forex market 90 % traders think the same becoz they are not educated . and if educated they dont follow any rule so thats why when 90 % think same at same time.. market go against due to shortage of supply /demand

suppose right now 83 % traders thinking same selling at high so market going up
the biggest problem . nobody have big capital everyone want to earn high with small account
suppose 1.0990 is the price .every retail trader watching it ..everyone have 3-4 sells from low and trying to recover now..
now what should happen some of them sell with more with more big lot . he/she should think he is the only which is doing this . but this is wrong .. 90 % are doing same becoz all have same mind plan
so at 1.0990 when market go 5-7 pips up becoz he already in big loss he should close his last trade with loss due to fear it may can go high . but again he is not alone to do this .. 90 % should do this and market should fall. when market should fall ..he think again oh i closed wrong why not wait . he felt guilty and sell again and market go up .. this happen again and again with more than 90 % traders are on same side ... and the cause of market go against sorry for bad english
  • #1,089,628
  • Feb 2, 2017 12:50am Feb 2, 2017 12:50am
Quoting whitescalper
Long on EURUSD {image}

sl hit -6
  • #1,089,629
  • Feb 2, 2017 12:51am Feb 2, 2017 12:51am
My Intraday Outlook.

Fed no big mover this time, no suprise(!) ...and it seems that EU will be chopped (until NFP) in the triangle shaped between
the strong zone of the last month Monthly_R1 1.0813(worked on Jan31) + psycho lvl 1.0800 ...-... and the 2017 bullish TL(bounced yesterday).

Intraday S/Rs:
- 1.0811 as the top of the year ...and the round up 1.0800;
- 1.0760 -70 zone (W_R1); the 2017 bullish TL; 1.0735-40 zone (W&M-mids)

Trade the triangle until NFP(as a range startegy)
If the triangle broken, stand by for spikes & fakes(!)

Good trading you all!
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Member
  • #1,089,630
  • Feb 2, 2017 12:55am Feb 2, 2017 12:55am
Quoting TudorIoan
My Intraday Outlook. Fed no big mover this time, no suprise(!) ...and it seems that EU will be chopped (until NFP) in the triangle shaped between the strong zone of the last month Monthly_R1 1.0813(worked on Jan31) + psycho lvl 1.0800 ...-... and the 2017 bullish TL(bounced yesterday). Intraday S/Rs: - 1.0811 as the top of the year ...and the round up 1.0800; - 1.0760 -70 zone (W_R1); the 2017 bullishTL; 1.0735-40 zone (W&M-mids) Trade the triangle until NFP(as a range startegy) If the triangle broken, stand by for spikes & fakes(!) Good trading...
Great analysis T.. NFP definitely sending it down hence we expect good numbers...
  • #1,089,631
  • Feb 2, 2017 12:55am Feb 2, 2017 12:55am
After 7 years of forecasting through these news events, I've proven extensively that the news is not effecting the levels or the sequence. The news never breaks the cycle out of it's existing wave count. These are now hard facts, documented extensively and proven here by me for seven years.

Now....

We know that the apexes of the fractal coincide with the news releases... This is well understood.

So....

Is the market only waiting on the hour of the release to begin main moves? How can all the waves and sub waves fit perfectly inside the spaces between events? It just doesn't add up. What force makes the market fit it's extremes perfectly between the events?

Or..

The cycle was already understood by the builders of this illusion. They knew it perfectly and they put news releases around the apexes, create the news hysteria game and milk the living hell out of it the entire time.
Founder of Sutherland Wave Principle
  • #1,089,632
  • Feb 2, 2017 12:58am Feb 2, 2017 12:58am
I still bid 1.0710ish on some...late bulls will want 1.0750/55 to hold, and it might be worth a scalp, but its too close for my liking....
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Look Sharp/Trade Tight
  • #1,089,633
  • Feb 2, 2017 1:05am Feb 2, 2017 1:05am
Quoting jusstin911
{quote} Great analysis T.. NFP definitely sending it down hence we expect good numbers...
Thnx a lot, J
Yeap, NFP might send it back ...I mean it's also overbought there at the top of the year 1.0811 ...but who knows?!
until NFP it looks like we're gonna test the top again...

Allow me to draw attention on classical Fibonacci working smoothly (the chart below)
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Member
  • #1,089,634
  • Feb 2, 2017 1:10am Feb 2, 2017 1:10am
Quoting whitescalper
{quote} sl hit -6
The entire European session will be choppy I'd guess .
....and Mario Draghi later .
Better trade EUR after the speech , even better after jobless ( or whatever it is at 13:30 GMT )
Pound will have a big day with Carney and his cooperatives trying to figure out rates - probably unchanged .
That leaves us looking at Gold and Silver for European session ( again ) which already covered the average range during Asia .
Concluson : entries after US Data , chop by then .
Thats me , who is teribly useless at tight ranges !

Sorry , no Draghi today !
  • #1,089,635
  • Feb 2, 2017 1:28am Feb 2, 2017 1:28am
Pending long on EU

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  • #1,089,636
  • Feb 2, 2017 1:30am Feb 2, 2017 1:30am
Quoting Manasvi
What does this indicate Suthmo? Thanks,
The shaven head reversal candle, very strong reversal candle I'm noticing on all my called extension levels. Shaven head Doji it's a japaneese candle signal for reversal, very powerful candle if u know where to look for them they are confirming my reversals constantly.

The candle with the shaven head (has no upper wick) Flat top
Founder of Sutherland Wave Principle
  • #1,089,637
  • Feb 2, 2017 1:38am Feb 2, 2017 1:38am
Please wake me up when we arrive at 1.0857..

(If price goes back to retest 1.0755 that's normal.. that level hasn't been retested much.. I wouldn't wonder.. but we still believe in bull power)

Stay Green
Focus only on what truly matters!
  • #1,089,638
  • Feb 2, 2017 1:39am Feb 2, 2017 1:39am
Quoting TudorIoan
{quote} Thnx a lot, J Yeap, NFP might send it back ...I mean it's also overbought there at the top of the year 1.0811 ...but who knows?! until NFP it looks like we're gonna test the top again... Allow me to draw attention on classical Fibonacci working smoothly (the chart below) {image}
Maybe make a new HIGH (Asking for too much)
  • #1,089,639
  • Feb 2, 2017 1:40am Feb 2, 2017 1:40am
Quoting Ata-Turkoglu
Please wake me up when we arrive at 1.0857.. Stay Green
Allow me be your alarm..
  • #1,089,640
  • Feb 2, 2017 1:42am Feb 2, 2017 1:42am
Quoting jusstin911
{quote} Allow me be your alarm..
merci merci...
Focus only on what truly matters!
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