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  • #1,093,141
  • Feb 24, 2017 5:57am Feb 24, 2017 5:57am
Quoting TudorIoan
{quote} If you need badly to comment something and argue, yes, you can look only at H1 ...it's clearly common consolidation. If you look at H4 or D1, it's...nothing I was talking about scalping, I was talking about the time frames which counts for intraday trading, like M5 below ...and that is whipsaw {image}
On M5 it was definatly a whipsaw.
I "saw" the "whip" coming @1.05965, shorted it down to the bottom, along with it's brother EJ, and called it a day.
you are not expected to understand this
  • #1,093,142
  • Feb 24, 2017 5:58am Feb 24, 2017 5:58am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 35 KB

possible target next month
https://bit.ly/3Iel8hJ
  • #1,093,143
  • Feb 24, 2017 5:59am Feb 24, 2017 5:59am
The price could rally up to 1.0635.
Perfect price is 1.0659 lol
I will be shorted around that level
  • #1,093,144
  • Feb 24, 2017 5:59am Feb 24, 2017 5:59am
Quoting Ata-Turkoglu
{quote} Exactly.. And nothing is certain even after confirmation.. That's why we always have to protect our gains as soon as we can.. Stay Green..
yes because as Einstein's principle of relativity everythings could be calculated in a limited Coordinate system and any conformation is valid only that coordinate system not more ! then there is could not be found any absolute confirmation in the world
  • #1,093,145
  • Feb 24, 2017 6:00am Feb 24, 2017 6:00am
Quoting Ata-Turkoglu
{quote} Exactly.. And nothing is certain even after confirmation.. That's why we always have to protect our gains as soon as we can.. Stay Green..
 
True. True
 
Anyway it's Friday. Limited trading for me....

 
I got a job with BARB - Business Against Robber Banks
 
One certain thing is - spikes today.
 
Second thing - the CAD news at lunch will be worse than expected. I'll get a promotion if that does happen
 
GL all.
Beware of robber banks (RB), bad advisors.
  • #1,093,146
  • Feb 24, 2017 6:02am Feb 24, 2017 6:02am
Bam! 1.0609 (no patience for 1.0610) ...recovered all my intraday scalping losses!
A big zero profit for me today, ...but I'm out, ...no more risk!
Thank God, no losses this week!

Have a fine weekend you all!
Member
  • #1,093,147
  • Feb 24, 2017 6:03am Feb 24, 2017 6:03am
Update... now 1.0601 has been touched.. my previous questions have an answer: We need more data..

Simultaneously this also created a higher H4 candle from the previous one.. What does that mean? Bull pressure is still higher than bear pressure.

Now I have to wait until this H4 candle closes. We need to know what the high of this H4 candle will be.

Stay Green
Focus only on what truly matters!
  • #1,093,148
  • Feb 24, 2017 6:05am Feb 24, 2017 6:05am
2000 lots on selling eur/usd?
  • #1,093,149
  • Feb 24, 2017 6:07am Feb 24, 2017 6:07am
wow, heavy buying of euros then, AU down EU up... if UJ bounces aswell then surely EU has to drop right?

also what was the big drop about this morning, bears must be so weak to let that one slip immediately after
  • #1,093,150
  • Feb 24, 2017 6:07am Feb 24, 2017 6:07am
Quoting arya.aryaee
{quote} yes because as Einstein's principle of relativity everythings could be calculated in a limited Coordinate system and any conformation is valid only that coordinate system not more ! then there is could not be found any absolute confirmation in the world
Lol.. you sound more like a physics student than being a trader.. the final exams must be very close.. so much knowledge of physics principles.. lol.. just kidding..

Stay Green
Focus only on what truly matters!
  • #1,093,151
  • Feb 24, 2017 6:07am Feb 24, 2017 6:07am
Quoting jaisis21
put long 1.05754, target at 1.06141{image}
revised: put short at 1.06120, first target at 1.05940 and second target at 1.05828
Attached Image (click to enlarge)
Click to Enlarge Name: chart.png Size: 134 KB
https://bit.ly/3Iel8hJ
  • #1,093,152
  • Feb 24, 2017 6:16am Feb 24, 2017 6:16am
Quoting jaisis21
{quote} revised: put short at 1.06120, first target at 1.05940 and second target at 1.05828 {image}
I like your idea.. the C point should have been deeper though.. that would make these levels where we are at right now the D point.. So that way you wouldn't expect more highs.. (Unless it is an alternative-1 AB=CD which extends to fib 1.272 or alternative-2 AB=CD which extends to fib 1.618)

The exact point of D in your analysis should have been 1.0619...

Stay Green
Focus only on what truly matters!
  • #1,093,153
  • Feb 24, 2017 6:17am Feb 24, 2017 6:17am
Quoting Ata-Turkoglu
{quote} Lol.. you sound more like a physics student than being a trader.. the final exams must be very close.. so much knowledge of physics principles.. lol.. just kidding.. Stay Green
no ,only i remember somethings from when i learned. long time ego
  • #1,093,154
  • Feb 24, 2017 6:18am Feb 24, 2017 6:18am
Well don was right the 113.32 was a sup. Tbh this changes things for me, the next move down will be a bit lower. So either my tp on eur jpy will be hit or the eur usd will go to 1.0620
  • #1,093,155
  • Feb 24, 2017 6:20am Feb 24, 2017 6:20am
Quoting Isabella_D
{quote} - big picture 1.07755 - small first step today 1.0607 stay {image}
- from yesterday done, small step 59 points, took long time, see below
- the other deal tp 1.07755 is still in, now about EUR 650,
this probably needs long time.I will take hedges and binaries this time

Nice weekend and
Attached Image (click to enlarge)
Click to Enlarge Name: EU_Fr.JPG Size: 137 KB
  • #1,093,156
  • Feb 24, 2017 6:20am Feb 24, 2017 6:20am
Quoting Angelina
The price could rally up to 1.0635. Perfect price is 1.0659 lol I will be shorted around that level

I think 1.0626 should not be taken, it will confirm the 1.0608 break for me. I will seek a short entry as close as possible to that.
  • #1,093,157
  • Feb 24, 2017 6:30am Feb 24, 2017 6:30am
Quoting Ata-Turkoglu
{quote} I like your idea.. the C point should have been deeper though.. that would make these levels where we are at right now the D point.. So that way you wouldn't expect more highs.. (Unless it is an alternative-1 AB=CD which extends to fib 1.272 or alternative-2 AB=CD which extends to fib 1.618) The exact point of D in your analysis should have been 1.0619... Stay Green
besides, i am waiting also for economic data of US about New Home Sales (Jan)

New Home Sales (Jan)
https://bit.ly/3Iel8hJ
  • #1,093,158
  • Edited 6:47am Feb 24, 2017 6:34am | Edited 6:47am
All short now!!! 1.06170 I mean!

Wait for Us open and expect reversal from here!

Friday close gonna be crazy!
If no reverse and pattern holds expect real upside!
For the jinns time is not like a river but like an ocean!
  • #1,093,159
  • Feb 24, 2017 6:35am Feb 24, 2017 6:35am
Quoting jusstin911
What I plan to do.. very tight stop coz that point might be a {image}
Busted!
  • #1,093,160
  • Feb 24, 2017 6:39am Feb 24, 2017 6:39am
Quoting JinnTrader
All short now!!! 1.06170 I mean! Wait for Us open and expect reversal from here!
I am waiting for MACD to cross its trendline before making a short order.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 43 KB
https://bit.ly/3Iel8hJ
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