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EURUSD

  • #1,091,721
  • Feb 16, 2017 1:24am Feb 16, 2017 1:24am
EU struggling to cross the 200EMA on the hourly
Drawdown is more important than Account Size !
  • #1,091,722
  • Feb 16, 2017 1:27am Feb 16, 2017 1:27am
Quoting Nightingales
{quote} oo that.. that would be called unshaven head hammer ask mr. suthmo if you don't believe me
'Unshaven' that one got me .. Trust I believe you mate.. Suthmo's favorite candle I guess
  • #1,091,723
  • Feb 16, 2017 1:27am Feb 16, 2017 1:27am
i came out of my trade at 15 pips will re-enter again...just watching
Drawdown is more important than Account Size !
  • #1,091,724
  • Feb 16, 2017 1:30am Feb 16, 2017 1:30am
Quoting procrude
i came out of my trade at 15 pips will re-enter again...just watching
still holding long, stubbornly hope to get my 1.0650
Member
  • #1,091,725
  • Feb 16, 2017 1:31am Feb 16, 2017 1:31am
Quoting TudorIoan
{quote} still holding long, stubbornly hope to get my 1.0650
i am sure you will brother.... for me i just chicken out too quick LOL
Drawdown is more important than Account Size !
  • #1,091,726
  • Feb 16, 2017 1:34am Feb 16, 2017 1:34am
Quoting procrude
{quote} i am sure you will brother.... for me i just chicken out too quick LOL
prudence on the market hesitations can hardly called chicken, it's rather wise
Member
  • #1,091,727
  • Feb 16, 2017 1:38am Feb 16, 2017 1:38am
I'm brave, or foolish... I am building shorts and I keep doing so
you are not expected to understand this
  • #1,091,728
  • Feb 16, 2017 1:39am Feb 16, 2017 1:39am
We are at fib 38.2 territories on H4 chart (1st target for cypher traders).. bulls still in tact.. I just closed my trade from 1.0525 at 1.0636.. I can decide what to do after a retracement..

I updated my charts from yesterday.. no changes yet.. probablity of a retracement right after 1.0675 gets hit seems to be higher than fib 61.8: 1.0708 getting hit..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EU-16-February-2017.jpg Size: 209 KB
Focus only on what truly matters!
  • #1,091,729
  • Feb 16, 2017 1:49am Feb 16, 2017 1:49am
Quoting Teek
I'm brave, or foolish... I am building shorts and I keep doing so
Do what makes you happy.. end of the day, Bears and Bulls both have cheese.. (the only difference is how much cheese you hunting for)
  • #1,091,730
  • Feb 16, 2017 1:54am Feb 16, 2017 1:54am
Quoting jusstin911
{quote} Please see this skinny looking chart.. {image}
I see... so that's the hammer you're talking about.

I'll add a reference for future positions, thanks Juss!
Greetings from Indonesia!
  • #1,091,731
  • Feb 16, 2017 2:03am Feb 16, 2017 2:03am
is that a inverted hammer on the 30 min ?
Drawdown is more important than Account Size !
  • #1,091,732
  • Feb 16, 2017 2:10am Feb 16, 2017 2:10am
Back to 620.
100% KENYAN.
  • #1,091,733
  • Feb 16, 2017 2:12am Feb 16, 2017 2:12am
really wierd market condition hmmm
Drawdown is more important than Account Size !
  • #1,091,734
  • Feb 16, 2017 2:19am Feb 16, 2017 2:19am
Quoting executivefx
Back to 620.
I would say back to fib 50: 1.0580 area (if it doesn't go higher from here)

Stay Green
Focus only on what truly matters!
  • #1,091,735
  • Feb 16, 2017 2:47am Feb 16, 2017 2:47am
Quoting Ata-Turkoglu
{quote} I would say back to fib 50: 1.0580 area (if it doesn't go higher from here) Stay Green
first support is at 620 area before we get to 580,i use trendlines not fib.
100% KENYAN.
  • #1,091,736
  • Feb 16, 2017 2:58am Feb 16, 2017 2:58am
so many viewers but its so quiet....
Attached Image (click to enlarge)
Click to Enlarge Name: viewers.png Size: 26 KB
Drawdown is more important than Account Size !
  • #1,091,737
  • Feb 16, 2017 3:03am Feb 16, 2017 3:03am
I have bought yesterday EU at .0575. Looks like that correction is over for now.
  • #1,091,738
  • Feb 16, 2017 3:05am Feb 16, 2017 3:05am
Quoting procrude
so many viewers but its so quiet.... {image}
everybody is waiting for market move..
  • #1,091,739
  • Feb 16, 2017 3:08am Feb 16, 2017 3:08am
Quoting procrude
so many viewers but its so quiet.... {image}
I see EUR untradeable at the moment , posted few hours ago .
Technically it is stuck between rising MAs on 1h chart , flat 4h and falling daily .
In other words : You can pick the right direction for the day and still get stopped .Not worth the efforts IMO
  • #1,091,740
  • Feb 16, 2017 3:12am Feb 16, 2017 3:12am
Quoting yanitsa
{quote} I see EUR untradeable at the moment , posted few hours ago . Technically it is stuck between rising MAs on 1h chart , flat 4h and falling daily . In other words : You can pick the right direction for the day and still get stopped .Not worth the efforts IMO
after a few hours in, I now must agree with you.
even the M5 looks terrible now. I lost faith. Took a few pips here and there but conditions are bad (flat EMAs, range too tight, no volume).
Terrible market today for the shorter timeframes.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5_terrible_chart.png Size: 96 KB
you are not expected to understand this
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