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EURUSD

  • #1,094,321
  • Mar 3, 2017 9:34am Mar 3, 2017 9:34am
Quoting Angelina
Watch for the across!!! 1.053xx would be a exit and wait for 1.058xx-1.6 then sell again. Could scalp long around 1.0525. {image}
Nice chart. I have the same target for my open shorts.
  • #1,094,322
  • Mar 3, 2017 9:42am Mar 3, 2017 9:42am
great day so far
Great things dont happen overnight!!!
  • #1,094,323
  • Mar 3, 2017 9:46am Mar 3, 2017 9:46am
yellen got to be hawkish... stop this bs currency from rising... again its holding its ground against dollar more than any other currency...

i feel like today we had to rise... despite DB etc... if we dropped to sub 1.05... and then yellen was hawkish... we could have been seeing those lows again by weekly close...

we are heading higher either for a better price to sell... or for the above reason... if yellen is dovish then no one will think anything of it because we are already low anyway
  • #1,094,324
  • Mar 3, 2017 9:50am Mar 3, 2017 9:50am
Quoting QwikPips
{quote} Nice chart. I have the same target for my open shorts.
Thank you buddy!
Good luck !!!
  • #1,094,325
  • Mar 3, 2017 9:51am Mar 3, 2017 9:51am
Quoting Ata-Turkoglu
Another conspiracy thought: What if news leaked among RB's and this whole upmove is already the proactive buying of those cheaters before Yellen speaks tonight? That would destroy bears for sure. If markets are manipulated this is exactly how they would do it I think. But just thinking out loudly. Of course all these banks and market makers are so decent and honorful. Why would they do that right? LOL Stay Green
And a lot of amateur sellers, trying to catch the top of a retrace... with a tiny stop of course Because they must have gigantinc R:R to make shitloads of money ! And lets not forget we are "in a downtrend"...
  • #1,094,326
  • Mar 3, 2017 9:51am Mar 3, 2017 9:51am
A big spike is coming to kill some shorts.

We gonne se some fireworks with yellen.
  • #1,094,327
  • Mar 3, 2017 9:53am Mar 3, 2017 9:53am
Quoting Ata-Turkoglu
{quote} I can see from your trading history that you have high success rate in many currencies and EURUSD on top.. Therefore I truly respect your knowledge and experience. You also have pending sell order at 1.06.. My theory suggests a rise to 1.0640 and that is not far away from your highest pending sell order.. My point is: Forget what I said.. our thinking in terms of trades is similar.. nothing to worry.. and I am not against any of your ideas.. Stay Green
Thank you Ata, I do respect your trading background too, but my words are general not about EURUSD's current or future direction. Manipulation process is consistent in Forex, actually, this is why they are calling it a highly manipulated market. although if we want to talk about EURUSD's direction I think the upward movement is limited cause we have a nice descending diagonal resistance line around 1.060 level as well as we have reached a strong resistance on EURGBP (it has a serious impact on EURO). so I see south trip probability stronger.
There's no harm in being smtm wrong especially if one is promptly found out
  • #1,094,328
  • Mar 3, 2017 10:05am Mar 3, 2017 10:05am
Quoting feline207
{quote} And a lot of amateur sellers, trying to catch the top of a retrace... with a tiny stop of course Because they must have gigantinc R:R to make shitloads of money ! And lets not forget we are "in a downtrend"...
As you can see from the construction site charts I shared the trick is to see the stairways of small waves.. When price can't even go one step back down how can I short? Or when price can't even climb above the resisting step how can I go long? People jumping in trades solely relying on their guts or they think "the market ran a long road so it must be tired".. the market has times where it gets never ever tired.. the trader itself is inside a delusion.. maybe getting tired himself lol..

But for the greater good winners need the losers.. how could we fill our pockets then, right?

So let the weak ones die.. no worries.. that's what mother nature did since creation of times and still does..

Stay Green
Focus only on what truly matters!
  • #1,094,329
  • Mar 3, 2017 10:08am Mar 3, 2017 10:08am
It looks like we should be LONG as long as 1.052 holds - at least to me and my systems.
  • #1,094,330
  • Mar 3, 2017 10:11am Mar 3, 2017 10:11am
Quoting salifx
{quote} Thank you Ata, I do respect your trading background too, but my words are general not about EURUSD's current or future direction. Manipulation process is consistent in Forex, actually, this is why they are calling it a highly manipulated market. although if we want to talk about EURUSD's direction I think the upward movement is limited cause we have a nice descending diagonal resistance line around 1.060 level as well as we have reached a strong resistance on EURGBP (it has a serious impact on EURO). so I see south trip probability stronger....
Thanks to you too.. and I hear you.. south is surely still on the menu once this wave 2 fully is complete.. wave 2 and wave 4 can be very confusing.. Many traders lose a lot of money especially inside these corrective waves. The wave 3 hopefully coming soon will completely support bears. It just needs more time since bulls were too delayed to push price higher long time ago. Therefore I expect wave 3 will be delayed too. To me no rush to short for now. If it happens tonight we all will be in hopefully.

Stay Green
Focus only on what truly matters!
  • #1,094,331
  • Mar 3, 2017 10:14am Mar 3, 2017 10:14am
Quoting Connors
{quote} Ahahah Not a problem! I feel richer this week than the last one too bad you were making love with your pillow when I closed the trade last night. {quote}
At least he's making some kind of love...

Have a great weekend bud!
Why sell the bottoms when you can buy the tops...
  • #1,094,332
  • Mar 3, 2017 10:17am Mar 3, 2017 10:17am
Quoting yanitsa
I will short 0.1 at 1.0560 , stop 1.0580 Just to satisfy the addiction
Target 1.0535 , or a minute before Yellen's speech
  • #1,094,333
  • Mar 3, 2017 10:17am Mar 3, 2017 10:17am
Sold EJ 120.93 SL 120.97 tp China
  • #1,094,334
  • Mar 3, 2017 10:19am Mar 3, 2017 10:19am
Ok, Seems like a good spot to close trades. Only keeping AU NU shorts with stops
As for the Eu and JPY pairs i had closing them all some in reds. i'll be looking to sell the retrace.

As for yellen speech i'm short EU for 70 pips tp 1.048 but i don't think i'll trade this one. to weird of a move
  • #1,094,335
  • Edited 10:34am Mar 3, 2017 10:22am | Edited 10:34am
Quoting JustAndy
{quote} At least he's making some kind of love... Have a great weekend bud!

Smart man are you out? I intend/want to be out before Yellen is on wires or at least reduce position to a minimum with the same stop @1.0610. No need to become a gazillionaire too early, I am young and I've got the looks
Will close at least the early purchases I made at 1.0540.
  • #1,094,336
  • Mar 3, 2017 10:23am Mar 3, 2017 10:23am
Quoting Don96
Sold EJ 120.93 SL 120.97 tp China
Beg for trump tweet
  • #1,094,337
  • Mar 3, 2017 10:27am Mar 3, 2017 10:27am
Quoting Connors
{quote} Smart man are you out? I intend/want to be out before Yellen is on wires or at least reduce to position to a minimum with the same stop @1.0610. No need to become a gazillionaire too early, I am young and I've got the looks Will close at least the early purchases I made at 1.0540.
You don't have the looks...you have either glaucoma or a broken mirror

No I'm not. Still holding for another 100 pips
Why sell the bottoms when you can buy the tops...
  • #1,094,338
  • Mar 3, 2017 10:28am Mar 3, 2017 10:28am
Closed my shorts for 15 pips. I think its best to be on the sidelines now and wait for direction. GLTA
  • #1,094,339
  • Mar 3, 2017 10:29am Mar 3, 2017 10:29am
Quoting JustAndy
{quote} You don't have the looks...you have either glaucoma or a broken mirror No I'm not. Still holding for another 100 pips
Bast..XXX
  • #1,094,340
  • Mar 3, 2017 10:31am Mar 3, 2017 10:31am
Quoting yanitsa
{quote} Target 1.0535 , or a minute before Yellen's speech
ok target , hope get it as 1.0536 is perhaps minimum correction to limit down for up 1.0526 for next test 1.0580. Take care . fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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