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EURUSD

  • #1,091,961
  • Feb 17, 2017 4:14am Feb 17, 2017 4:14am
Quoting TudorIoan
The pound is sinking!!!
Yep. 
Biiiiig surprise
 
Especially after the "news" leak at 08:59
 
Beware of robber banks (RB), bad advisors.
  • #1,091,962
  • Feb 17, 2017 4:19am Feb 17, 2017 4:19am
Attached Image (click to enlarge)
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Drawdown is more important than Account Size !
  • #1,091,963
  • Edited 4:34am Feb 17, 2017 4:20am | Edited 4:34am
Quoting TudorIoan
...it seems the bulls are about to win at the 1.0640-45 border


after rotating monitor

Quoting TudorIoan
{quote} {quote} ...oups, it's the bears, you're right

--------------------------------------
it is flip-flop pussy
  • #1,091,964
  • Feb 17, 2017 4:21am Feb 17, 2017 4:21am
Quoting procrude
{quote} look at GJ ... wow 170+ down
Â
Always sell pound....until 5 years past Brexit
Free tip
Â
Quoting Not-KPMG
{quote} SMAACK
Here's a smack.
While i dislike pound fake moves etc, if you want to sell now is the time 1.2488-98
€‹
My crystal ball picture here
Â
Quoting Not-KPMG
{quote} YepIt'll take some time.......... No longs in pound is my only rule. Since the last fiasco i guess I was right........ .{image}
Â
Quoting Not-KPMG
Brexit....strong pound.... Funny coincidence When can we see 1.20?? I might buy there......on Demo
Â
Tired of talking about pound Dragging euro down!!! Good.
Â
Green pips. Spikes everywhere.ÂSing the Gospel
Â
Attached Image (click to enlarge)
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Beware of robber banks (RB), bad advisors.
  • #1,091,965
  • Feb 17, 2017 4:23am Feb 17, 2017 4:23am
Quoting TudorIoan
The pound is sinking!!!
...since the news, that's news-noise and way too dangerous to trade for me.
That dirty cable is a stoploss eating monster...

EU - I might not get my next ride soon. Everything (including the USD Index) is squeezed between EMAs and anything could happen or nothing at all.
I think we might be falling asleep between 1.064-1.065 for the rest of the day, with tiny spikes. I lost way too much in the past to trade these "slaughterhouse" setups on any timeframe.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15-Slaughterhouse.png Size: 98 KB
you are not expected to understand this
  • #1,091,966
  • Feb 17, 2017 4:27am Feb 17, 2017 4:27am
Quoting Teek
{quote} ...since the news, that's news-noise and way too dangerous to trade for me. That dirty cable is a stoploss eating monster... EU - I might not get my next ride soon. Everything (including the USD Index) is squeezed between EMAs and anything could happen or nothing at all. I think we might be falling asleep between 1.064-1.065 for the rest of the day, with tiny spikes. I lost way too much in the past to trade these "slaughterhouse" setups on any timeframe. {image}
Exactly my thoughts when I posted here
Quoting TudorIoan
Guys, it looks like 1.0641 it's a strong support ! Confluence: - as 23.6% from the last 2 days momentum - as 38.2% from 2017 bullish momentum {image}
Member
  • #1,091,967
  • Feb 17, 2017 4:30am Feb 17, 2017 4:30am
Quoting pkimnyc
{quote} Look for the spike, if you are looking for shorting opportunity. Rarely see this type of move ends with smooth transition. my 2c. p.s. why the hell would it form a double top, at the end of trading session?
Do not question master Yoda! The force is strong in this one....
  • #1,091,968
  • Feb 17, 2017 4:42am Feb 17, 2017 4:42am
As we can see on the hourly chart the price is moving down. I expect the next Target 1.06245. But there is a chance of testing the resistance at 1.06576. If the price reaches the point of 1.06245 probably the price will continue to fall to the point of 1.05995.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd h4.png Size: 36 KB
  • #1,091,969
  • Feb 17, 2017 4:46am Feb 17, 2017 4:46am
Quoting TudorIoan
{quote} That's right. Strong fight between bulls and bears on 1.0640-45 zone. ...very sensitive zone, I wouldn't trade at all now, it's more like gambling to me ...I'll wait to see the final outcome on the 1.0640 border
Quoting TudorIoan
Guys, it looks like 1.0641 it's a strong support ! Confluence: - as 23.6% from the last 2 days momentum - as 38.2% from 2017 bullish momentum {image}
Quoting Teek
{quote} ...since the news, that's news-noise and way too dangerous to trade for me. That dirty cable is a stoploss eating monster... EU - I might not get my next ride soon. Everything (including the USD Index) is squeezed between EMAs and anything could happen or nothing at all. I think we might be falling asleep between 1.064-1.065 for the rest of the day, with tiny spikes. I lost way too much in the past to trade these "slaughterhouse" setups on any timeframe. {image}
Exactly ...1.0640 -1.0650 slaughter house
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART1.png Size: 13 KB
Member
  • #1,091,970
  • Feb 17, 2017 4:56am Feb 17, 2017 4:56am
The buy set ups are being established more on monthly,weekly.so going by price action on monthly and H&S on weekly etc. ..longing biigg.
Follow the Flow and Grow
  • #1,091,971
  • Feb 17, 2017 4:58am Feb 17, 2017 4:58am
OH I GOT IT! I know what it does!
It's an elefant pattern
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15-Elefant.png Size: 114 KB
you are not expected to understand this
  • #1,091,972
  • Feb 17, 2017 5:00am Feb 17, 2017 5:00am
Quoting Teek
OH I GOT IT! I know what it does! It's an elefant pattern {image}
Drawdown is more important than Account Size !
  • #1,091,973
  • Feb 17, 2017 5:02am Feb 17, 2017 5:02am
Quoting Teek
OH I GOT IT! I know what it does! It's an elefant pattern {image}
Put away the porcelains, mate!
Member
  • #1,091,974
  • Feb 17, 2017 5:05am Feb 17, 2017 5:05am
Quoting Teek
OH I GOT IT! I know what it does! It's an elefant pattern {image}
lol.. didnt know elephant pattern exists. Do we also have godzilla pattern?
Follow the Flow and Grow
  • #1,091,975
  • Feb 17, 2017 5:05am Feb 17, 2017 5:05am
Still seeing this pair in the start of bullish term.
Attached Image(s) (click to enlarge)
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  • #1,091,976
  • Feb 17, 2017 5:12am Feb 17, 2017 5:12am
Quoting smartsociety
Still seeing this pair in the start of bullish term. {image} {image}
Whether it's bullish or not your going to see the wrong thing more often than not with trend lines like that
  • #1,091,977
  • Feb 17, 2017 5:14am Feb 17, 2017 5:14am
Quoting FlowCycler
{quote} lol.. didnt know elephant pattern exists. Do we also have godzilla pattern?
Yes! Godzilla pattern on the USDJPY all the time
you are not expected to understand this
  • #1,091,978
  • Feb 17, 2017 5:33am Feb 17, 2017 5:33am
Soaking up of orders here... reloading taking place - im looking for a break down below 1.0640 for weekly close into 1.060x
  • #1,091,979
  • Feb 17, 2017 6:04am Feb 17, 2017 6:04am
Short...

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  • #1,091,980
  • Feb 17, 2017 6:07am Feb 17, 2017 6:07am
Quoting jaisis21
hello everyone, i am new to forex trading. i am humbly asking your suggestion regarding my situation. any suggestion is highly appreciated. ({image} thanks in advance
I only can say one thing, use stoploos, neve enter in this hedge thing, it will fuck you up.
You will keep bad positions, hoping for a reversal, it will take months and maybe it will never go back to the levels you had enter.
So the wise council is, close this shit, start again using stop loss in the nearest support and resistence, and never move you SL from there.
If you keep this kind of position, your mind will be worried in not have loss, instead of search for profit.
The time will pass and the situation will only get worst.
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