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- #1,094,181
- Edited 2:02am Mar 3, 2017 12:57am | Edited 2:02am
- Joined Jul 2008 | Status: Forex4Ever | 2,190 Posts
- #1,094,183
- Mar 3, 2017 1:50am Mar 3, 2017 1:50am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
Good Morning 
I expect a rather slow friday, with Yellen coming up in the evening and London/Frankfurt usualy unwilling to do anything on their own, especialy on a sunny friday with beautiful weather (people will have better things to do than watching paint dry).
I try to get some scalps in on the short timeframes on the EURUSD and EURJPY.
EU H1 chart says, look for short around @1.056, maybe @1.05430 (for the brave ones):
(I might be utterly wrong and the damn thing doesn't even make it that high, who knows...)
Have a good day and green pips to you all.
I expect a rather slow friday, with Yellen coming up in the evening and London/Frankfurt usualy unwilling to do anything on their own, especialy on a sunny friday with beautiful weather (people will have better things to do than watching paint dry).
I try to get some scalps in on the short timeframes on the EURUSD and EURJPY.
EU H1 chart says, look for short around @1.056, maybe @1.05430 (for the brave ones):
(I might be utterly wrong and the damn thing doesn't even make it that high, who knows...)
Have a good day and green pips to you all.
you are not expected to understand this
- #1,094,184
- Mar 3, 2017 2:03am Mar 3, 2017 2:03am
- Joined Jul 2008 | Status: Forex4Ever | 2,190 Posts
{quote} Maybe, just maybe 1.0562 to open a sell.
- #1,094,187
- Mar 3, 2017 2:14am Mar 3, 2017 2:14am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Good Morning
I thought it was my chart. Ok, greys aren't fun, but hurt the eyes less when staring at the charts for hours 
BTW, I'm not sure you know that, ..., you have to type " %$ " for the level you need the price to be shown up (the retracements tool properties)
BTW people, E/U broke for the second time the 1.05264 (the 61.8% from the yearly bullish initial momentum 1.03398 - 1.08283)
...possible meaning, E/U it's determined to go deeper
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- #1,094,189
- Mar 3, 2017 2:23am Mar 3, 2017 2:23am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,094,191
- Mar 3, 2017 2:31am Mar 3, 2017 2:31am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} No no, never, this is not a long scalp area. I wont be taking any longs today, not before 1.0434 at least. Short either @1.0562 or @1.0479 If 1.0562 is hit and you take the short watch out if pa trades above the 71.4% which is 1.0591. I would put a stop @1.0610 If 1.0479 is hit and you take the short stop should be @1.0561
) Sounds very reasonable.
Member
- #1,094,193
- Mar 3, 2017 2:36am Mar 3, 2017 2:36am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Bulls ready for fight today.
Shorted the hell out of that 1.052..
No hurry, no big deal.
Just full day of spikes.
It's Friday!!!
I'm closing shorts somewhere 0480 and opening shorts about.....0570 or lower.
But only after spike up. Or Monday!!!
Beware of robber banks (RB), bad advisors.
- #1,094,194
- Mar 3, 2017 2:38am Mar 3, 2017 2:38am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
{quote} Love your greys
I know, but I prefer not to have the price on my Fibs.
I redraw them all the time and sometimes have 4 to 5 different Fibs drawn, looking for overlaps and shortterm harmonics to spot potential entries for M5/M1 scalps. No need for price on the Fibs. See the red and blue horizonals? That's my priceaction
I usualy clean up the chart before I take a screenshot.
The greys, well, I have blue eyes and bright screen hurts my eyes. Black screen I can't read and makes me dizzy. So ended up with the greys and I love'em.
The @1.056 short would be awesom because:
1) it's a 78.6/88.6 retracement zone of the last short impuls. Expect the market to climb up and pull back down there.
2) @1.05635 is a very strong resistance (Look on H1/H4, zoom out, draw a line)
3) beautiful entry with enough room to go down for the shortterm scalper, which adds to it's already pretty awesom awesomsauce
4) I predicted it, and anyone knows I am fckn awesom
you are not expected to understand this
- #1,094,195
- Mar 3, 2017 2:49am Mar 3, 2017 2:49am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} {quote} Patience brothers
Such wasted (range) morning before Fed and ISM. Makes me anxious. I use to trade intraday break-ups, not intraday ranges
Help!
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- #1,094,196
- Mar 3, 2017 2:51am Mar 3, 2017 2:51am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} I know, but I prefer not to have the price on my Fibs. I redraw them all the time and sometimes have 4 to 5 different Fibs drawn, looking for overlaps and shortterm harmonics to spot potential entries for M5/M1 scalps. No need for price on the Fibs. See the red and blue horizonals? That's my priceaction
Nice trading philosophy. Oh, yeah, you're fckn awesome! Keep it up, mate! 
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- #1,094,197
- Mar 3, 2017 2:57am Mar 3, 2017 2:57am
- | Membership Revoked | Joined Aug 2015 | 1,243 Posts
- #1,094,198
- Mar 3, 2017 2:59am Mar 3, 2017 2:59am
- Joined Sep 2015 | Status: Trader | 820 Posts
Euro did little provocation today, and now i think they will go to new maximum on this week. {image}
Today all comes down to US PMI plus ISM and Fed speakers ending with Janet Yellen.
Warning to short term!! Potential
inverted head and shoulders on the hourly time-frame, with a target @ 1.0655. {image}
The low of the head of "my" inverted head and shoulders (22.02.2017) is @ 1.04934, not a coincidence that yesterday the price stopped at that level.
So above 1.0530 I will get long with a first target @ 1.0584 and the second one a bit lower of the maximum of this week @ 1.0623.
- #1,094,199
- Mar 3, 2017 3:03am Mar 3, 2017 3:03am
- Joined Aug 2014 | Status: Trader | 237 Posts
For the jinns time is not like a river but like an ocean!
- #1,094,200
- Edited 3:47am Mar 3, 2017 3:06am | Edited 3:47am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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