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  • #1,101,421
  • Apr 3, 2017 12:47pm Apr 3, 2017 12:47pm
Good Day Traders. Not enough movement ping ping action. if she decide to go lower 1.0620 1.0604 should cap it imo. let see. Asian might be a mover
  • #1,101,422
  • Apr 3, 2017 12:50pm Apr 3, 2017 12:50pm
Pending SHORT
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Click to Enlarge Name: Image1.png Size: 1 KB
A good trader follows his rules, but great trader knows when to break them
  • #1,101,423
  • Apr 3, 2017 12:52pm Apr 3, 2017 12:52pm
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those are fib targets after zooming into my fib model
  • #1,101,424
  • Apr 3, 2017 12:57pm Apr 3, 2017 12:57pm
Quoting RazorFish
{image} those are fib targets after zooming into my fib model
So Razor Fish, whats your next target ? Buy or Sell ?
  • #1,101,425
  • Apr 3, 2017 12:59pm Apr 3, 2017 12:59pm
Quoting SnaveForex
Good Day Traders. Not enough movement ping ping action. if she decide to go lower 1.0620 1.0604 should cap it imo. let see. Asian might be a mover
It's on ping pong zone, I think it's waiting for FOMC meeting for moves
Risk comes from not knowing what you're doing.
  • #1,101,426
  • Apr 3, 2017 1:00pm Apr 3, 2017 1:00pm
Quoting Curren
{quote} So Razor Fish, whats your next target ? Buy or Sell ?
Hmmm .... I'd love to see this ranging for a while to make money from scalping , currently wait and see if it can go below 1.0659 , no trade bro , relax, chill and listen to some music
  • #1,101,427
  • Apr 3, 2017 1:03pm Apr 3, 2017 1:03pm
Hasn't made up its mind yet and i don't believe it can go up from here (at least not decisively) but longs look safer than shorts to me right now.
  • #1,101,428
  • Apr 3, 2017 1:03pm Apr 3, 2017 1:03pm
Quoting RazorFish
{quote} Hmmm .... I'd love to see this ranging for a while to make money from scalping , currently wait and see if it can go below 1.0659 , no trade bro , relax, chill and listen to some music
Lol, got you , I am trying to get into your method as well, thanks a million dude , its indeed great fibonacci method....
  • #1,101,429
  • Apr 3, 2017 1:05pm Apr 3, 2017 1:05pm
Quoting Stillearnin
Hasn't made up its mind yet and i don't believe it can go up from here (at least not decisively) but longs look safer than shorts to me right now.
i agree, long is safer
  • #1,101,430
  • Apr 3, 2017 1:09pm Apr 3, 2017 1:09pm
At 1.0640 is a short sell signal
  • #1,101,431
  • Apr 3, 2017 1:22pm Apr 3, 2017 1:22pm
seems like prices are holding up well near 1.0670 , this looks like an immediate resistance level....if it breaks it then I might go long...
  • #1,101,432
  • Apr 3, 2017 1:24pm Apr 3, 2017 1:24pm
Quoting ill_be_back
Pending SHORT {image}
Triggered
A good trader follows his rules, but great trader knows when to break them
  • #1,101,433
  • Apr 3, 2017 1:25pm Apr 3, 2017 1:25pm
i might go long if it breaks 1.06815
  • #1,101,434
  • Apr 3, 2017 1:25pm Apr 3, 2017 1:25pm
Quoting ill_be_back
{quote} Triggered
Test of 1.06 is next?
  • #1,101,435
  • Apr 3, 2017 1:29pm Apr 3, 2017 1:29pm
Quoting Connors
{quote} Test of 1.06 is next?
well then in this case, I would rather wait, most of you are again short, don't wanna burn my shirts this time....
  • #1,101,436
  • Apr 3, 2017 1:31pm Apr 3, 2017 1:31pm
Quoting Connors
{quote} Test of 1.06 is next?
If not S/L, Yes (3 pip S/L)
A good trader follows his rules, but great trader knows when to break them
  • #1,101,437
  • Apr 3, 2017 1:36pm Apr 3, 2017 1:36pm
I'm sticking to my fibs, it's telling me not to short , would rather wait for the price to come to my desired target which is 1.0660 or even lower to go long ... any shorts now should be followed with tight SL just as The green hulk stated
  • #1,101,438
  • Apr 3, 2017 1:40pm Apr 3, 2017 1:40pm
Quoting Curren
{quote} well then in this case, I would rather wait, most of you are again short, don't wanna burn my shirts this time....
We may be wrong as well mate, but you should be able to see the pressure on 1.0671. If it starts dropping here, it will drop hard, also you need to check what the daily range has been so far. It is less than 40 pips, pa needs to complete it closer to ADR, either way up or down. What you now can do is, switch to 1M chart or if you have access to tick charts even better - and you will see his short entry has been tested and slapped down. So there is your first clue. But again, he,me you anyone can be wrong - trading is all about probabilities in the end isn't it?

On another note, "ill be back" and his entries are pretty fecking awesome. Highly recommend to watch him.
  • #1,101,439
  • Apr 3, 2017 1:53pm Apr 3, 2017 1:53pm
Quoting Curren
{quote} well then in this case, I would rather wait, most of you are again short, don't wanna burn my shirts this time....
just trade what you see or believe.
nothing to do with what others are doing.
  • #1,101,440
  • Apr 3, 2017 2:02pm Apr 3, 2017 2:02pm
Quoting Connors
{quote} We may be wrong as well mate, but you should be able to see the pressure on 1.0671. If it starts dropping here, it will drop hard, also you need to check what the daily range has been so far. It is less than 40 pips, pa needs to complete it closer to ADR, either way up or down. What you now can do is, switch to 1M chart or if you have access to tick charts even better - and you will see his short entry has been tested and slapped down. So there is your first clue. But again, he,me you anyone can be wrong - trading is all about probabilities...
You r right, if it hardly moved 40 pips, then there is a high probability for a spike either way......
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