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  • #1,097,461
  • Mar 17, 2017 8:48am Mar 17, 2017 8:48am
Just have to take a break until the market return to normal again. The market can swing in either way. I don't want to be part of it.
  • #1,097,462
  • Mar 17, 2017 8:50am Mar 17, 2017 8:50am
Quoting frx_trader
Just have to take a break until the market return to normal again. The market can swing in either way. I don't want to be part of it.
Pick a side a cherry pick what you can get
  • #1,097,463
  • Mar 17, 2017 8:51am Mar 17, 2017 8:51am
Quoting frx_trader
Just have to take a break until the market return to normal again. The market can swing in either way. I don't want to be part of it.
why dont you just scalping for 6-7 pips.
short around1.0743-50 target 1.0735-40
I just got 2x7 pips already, 1 more round and I am done
  • #1,097,464
  • Mar 17, 2017 8:53am Mar 17, 2017 8:53am
Quoting fontu
so extension at a top areas having targets nearest 1.0782/92 to 1.0810/0828 to wait it fix before good correction.take care . fontu {image}
great charts and analysis as always Fontu! Green pips to you
  • #1,097,465
  • Mar 17, 2017 8:54am Mar 17, 2017 8:54am
Quoting Angelina
{quote} why dont you scalping for 6-7 pips. short around1.0743-50 target 1.0735-40 I just got 2x7 pips already, 1 more round and I am done
Congrats. No, This market is no scalper. It can move 50 pips in a minute. I don't want to take the risk.
  • #1,097,466
  • Mar 17, 2017 8:56am Mar 17, 2017 8:56am
Quoting yanitsa
Here is some EW count , based on target 1.0930 ( I do not remember how I calculated it back in the days ) . Betting on an analogue copy of the previous leg , where wave C= 0.618 * A . I have decided to actually play with it , small . 0.1 long at 1.0715 and 0.1 long at 1.0692 .Target for both 1.0820 {image}
What kind of formula is that?
Risk comes from not knowing what you're doing.
  • #1,097,467
  • Mar 17, 2017 8:58am Mar 17, 2017 8:58am
ah ffs, looks like we are going to be heading for the highs again... I hate moves too early in the morning, they are almost always countered and then it just sets up a reversal tone, London sucks
  • #1,097,468
  • Mar 17, 2017 8:58am Mar 17, 2017 8:58am
Quoting dragonexpert
{quote} What kind of formula is that?
One of a kind...
  • #1,097,469
  • Mar 17, 2017 8:58am Mar 17, 2017 8:58am
Quoting frx_trader
{quote} Congrats. No, This market is no scalper. It can move 50 pips in a minute. I don't want to take the risk.
I just enter short for scalping at 1.0747 target 1.0738-1.0740
Lets see !!!
  • #1,097,470
  • Mar 17, 2017 9:01am Mar 17, 2017 9:01am
Quoting frx_trader
{quote} Congrats. No, This market is no scalper. It can move 50 pips in a minute. I don't want to take the risk.
But if you're scalping properly, you're reading the charts for an entry opportunity and using a very tight SL with a TP 2x your SL. So you aren't going to lose more than 5 pips if you're doing it like me at least. Only took me an hour to figure out that this was perfect scalping territory.

EDIT: And now after I figure it out, it seems the market finally picks a direction.
  • #1,097,471
  • Mar 17, 2017 9:02am Mar 17, 2017 9:02am
Quoting Angelina
{quote} I just enter short for scalping at 1.0747 target 1.0738-1.0740 Lets see !!!
entered to low short higher imo
  • #1,097,472
  • Mar 17, 2017 9:02am Mar 17, 2017 9:02am
Quoting Angelina
{quote} I just enter short for scalping at 1.0747 target 1.0738-1.0740 Lets see !!!
I thought it was a good idea too. But it seems both our stops got hit because the market disagreed.
  • #1,097,473
  • Mar 17, 2017 9:05am Mar 17, 2017 9:05am
Quoting Angelina
{quote} I just enter short for scalping at 1.0747 target 1.0738-1.0740 Lets see !!!
When the market goes against my thought. I learn that it's time for me to take a break. Until one way or the other. That I have adjusted myself to the market. Or the market adjusts to my thought.

I am out of sync and don't know anything why the market does what it does. So, I am blind to the market now. And at a disadvantage.

So, take a break is the best for me now.
  • #1,097,474
  • Mar 17, 2017 9:06am Mar 17, 2017 9:06am
Quoting jusstin911
I will look to add more shorts at 1.07489 or run away from my shorts if it breaks it... (True break)
Greedy me added a short and my stops on BE.. either way, I will be keeping some pips in...
  • #1,097,475
  • Mar 17, 2017 9:12am Mar 17, 2017 9:12am
took short at the daily pivot, tight stop loss, me thinks EU will try to grab some profit before the weekend.

Attached Image (click to enlarge)
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  • #1,097,476
  • Mar 17, 2017 9:15am Mar 17, 2017 9:15am
Quoting swimmax
took short at the daily pivot, tight stop loss, me thinks EU will try to grab some profit before the weekend. {image}
nice... it will down to 1.0675
  • #1,097,477
  • Mar 17, 2017 9:17am Mar 17, 2017 9:17am
Quoting renanvito
{quote} Dont you think it is greedy? It never touched 1.0300, and maybe will never reach this level, why dont you think in some more plausible level?
The Phoenix Trader....
  • #1,097,478
  • Mar 17, 2017 9:31am Mar 17, 2017 9:31am
Lost my chance to buy low EU, will look for a 1.0593-1.0583 touch to buy, if not at least for now i'm done with this pair..
EJ, UJ, GJ finally moving towards my tps.

looking to enter a long in NU now. I am now looking for medium term oportunities where i'll hold for 1-5 months since i'm starting my business and i wont have ime to keep daytrading. good luck to you all
  • #1,097,479
  • Mar 17, 2017 9:32am Mar 17, 2017 9:32am
Several times it ends the week at least near to a round number, as, 1.05, 1.06, 1.07, or even 1,0550, 1,0750

At this point and time I dont believe it will end at 1.07, 750 or 800 is my guess.

For now, in which level do you think it will end today?
  • #1,097,480
  • Mar 17, 2017 9:35am Mar 17, 2017 9:35am
Quoting renanvito
Several times it ends the week at least near to a round number, as, 1.05, 1.06, 1.07, or even 1,0550, 1,0750 At this point and time I dont believe it will end at 1.07, 750 or 800 is my guess. For now, in which level do you think it will end today?
we never printed a reversal candle for it to go lower. more than likely it will test the highs of the day and drop, typically.
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