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  • #1,110,161
  • May 15, 2017 5:51am May 15, 2017 5:51am
I believe that the price will go up to the point of 1.08981 and possibly go higher to the point of 1.09968. And there is a possibility that after this it will go down to the point of 1.09049.
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  • #1,110,162
  • May 15, 2017 5:56am May 15, 2017 5:56am
Quoting suthmo
{quote} When you make a shit entry but your right in the overall picture. It's stop widening time.. I spend most of the time lately upside down in bad entries waiting for the bigger picture to come correct. And the big pips roll in. 600 pips last month. And spent most of last month trapped upside down at bad entries or missed retracements. I know the market so well even when I screw up, I can find the next out. I'll ONLY hold and widen stops if I can see the technical reason to, If I can see that next turn and ok to hold on.. Because I can see the...
And if You are wrong ?
  • #1,110,163
  • May 15, 2017 6:01am May 15, 2017 6:01am
Quoting FlowCycler
rising from support. good to sell, I think not {image}
plenty pips to all!
Follow the Flow and Grow
  • #1,110,164
  • Edited 6:14am May 15, 2017 6:02am | Edited 6:14am
Quoting yanitsa
{quote} And if You are wrong ?
Last week gold I let run -140 and Jpy about 70/100
What happened is +600 pips become +300
ended up about -10% on deposit after another gold trade blew up.

Then I re loaded and doubled my initial deposit but my TE seemed to be still
only accounting for the initial deposit when it showed I was down 60+% don't think
This accounted for the new money.

Short answer: BIG DAMAGE / PROBABLY NEW DEPOSIT
With trades I had no idea would come back. Gold, JPY

The ones I can see the next turn point all have come back many times in the past six weeks.
All Euro and GBP upside downs I hang into the next swing and making bank.
Founder of Sutherland Wave Principle
  • #1,110,165
  • May 15, 2017 6:07am May 15, 2017 6:07am
Quoting yanitsa
{quote} And if You are wrong ?
The market is right, we all are working to be on the right side of the market. If wrong, risk control in place. if no risk control,then account blows out.But this can be avoided with control on all trades.
Follow the Flow and Grow
  • #1,110,166
  • May 15, 2017 6:07am May 15, 2017 6:07am
I think this is a decent place to sell. If not, small risk, no big deal.

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  • #1,110,167
  • May 15, 2017 6:20am May 15, 2017 6:20am
Quoting Kanzler
I think this is a decent place to sell. If not, small risk, no big deal. {image}
Target ?
  • #1,110,168
  • May 15, 2017 6:22am May 15, 2017 6:22am
this is a strong trend... she can stall....i doubt she will reverse unless there is a strong reversal pattern....
trading is simple but is simple is not easy.
  • #1,110,169
  • May 15, 2017 6:29am May 15, 2017 6:29am
My balance and Equity clearly going up into sub fifth of main 5th wave here.
This graph doesn't show me going below -10/20% of initial deposit @ point 2
Just proves you can completely screw up and still come off smelling of roses.
Pips gained 653 Pips lost 440 still +220 since April 1st
Max run up 193% Run down 70% (based on initial deposit?)
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Founder of Sutherland Wave Principle
  • #1,110,170
  • May 15, 2017 6:29am May 15, 2017 6:29am
Quoting The_Roman
{quote} Target ?
1.09020 is as far as I'd push this. I would exit earlier if price suggested though. Will see if we can even get a lower low with this touch trade however first. Entered purely on historical data and the long drive up of price recently, seems pretty overextended but that hasn't stopped bulls in the past. FYI I am no guru.
  • #1,110,171
  • May 15, 2017 6:31am May 15, 2017 6:31am
Quoting eurBESTRADER
{quote} No SL 100 pips profit

So you 40 pip down now!!! I hope you listened and placed SL yesterday. Cause I took my order out with +3 pip. I saw it changed its behavior after Asian open. Good luck
  • #1,110,172
  • May 15, 2017 6:32am May 15, 2017 6:32am
Quoting ZenNy
{quote} . {image}
she has broken the channel line and a new channel can be drawn to guide...

she is gently sneaking up...like she does not wanted to be noticed......which can mean strong trend....
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trading is simple but is simple is not easy.
  • #1,110,173
  • May 15, 2017 6:35am May 15, 2017 6:35am
Quoting Kanzler
{quote} 1.09020 is as far as I'd push this. I would exit earlier if price suggested though. Will see if we can even get a lower low with this touch trade however first. Entered purely on historical data and the long drive up of price recently, seems pretty overextended but that hasn't stopped bulls in the past. FYI I am no guru.
Why you all selling on rising trend? Why not wait and buy instead? What is you targets? I don't understand motivation behind actions? Maybe I am doing something wrong? What is your strategies? Catch every single move of market? Share please I would like to learn something!!
  • #1,110,174
  • May 15, 2017 6:35am May 15, 2017 6:35am
I'm still waiting it to fall again, then i'll put more "LONG" position in.

What do you guys think?

Is it possible that the EUR/USD will hit the 1.10352?
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  • #1,110,175
  • May 15, 2017 6:38am May 15, 2017 6:38am
Quoting denisius
{quote} Why you all selling on rising trend? Why not wait and buy instead? What is you targets? I don't understand motivation behind actions? Maybe I am doing something wrong? What is your strategies? Catch every single move of market? Share please I would like to learn something!!
Like I said I am not a guru, I have nothing to teach. This trade may very well fail. I am simply posting it to remind myself in the future of mistakes and to hold myself accountable for taking crappy setups. By posting them publicly I have to know in myself that I had a good reason to take it.

One thing I will point out, though - isn't the point of trading to buy low and sell high, and vice versa? Why buy when price is already high and sell when it's already low? You wouldn't go to a store to buy something after they announce that they jacked the price up, you'd wait until price is fair or shop somewhere else.
  • #1,110,176
  • May 15, 2017 6:53am May 15, 2017 6:53am
Quoting Kanzler
{quote} Like I said I am not a guru, I have nothing to teach. This trade may very well fail. I am simply posting it to remind myself in the future of mistakes and to hold myself accountable for taking crappy setups. By posting them publicly I have to know in myself that I had a good reason to take it. One thing I will point out, though - isn't the point of trading to buy low and sell high, and vice versa? Why buy when price is already high and sell when it's already low? You wouldn't go to a store to buy something after they announce that they jacked...
Just for the sake of the conversation.....yes the idea is to enter at the wholesale price, at a convenient price....... but one has to have also some kind of signs it is a wholesale price...otherwise a strong bull will become a stronger bull with many fail bears becoming bulls by covering..... and not any indication in sight of any wholesale price....

This is just a conversation for the sake of it.....I do not pretend I am right and I hold the truth.....anything can happen at anytime.....
trading is simple but is simple is not easy.
  • #1,110,177
  • May 15, 2017 6:53am May 15, 2017 6:53am
Quoting kittikann.s
I'm still waiting it to fall again, then i'll put more "LONG" position in. What do you guys think? Is it possible that the EUR/USD will hit the 1.10352? {image}
+1
two on,perhaps two to go before deciding to continue or drop it.
Follow the Flow and Grow
  • #1,110,178
  • May 15, 2017 6:55am May 15, 2017 6:55am
GBP is on buy target @ 2921 / 1.2910 want to buy here.
Euro next number up looking at is 0992, any retracement limited to 0930/0915
Founder of Sutherland Wave Principle
  • #1,110,179
  • May 15, 2017 6:55am May 15, 2017 6:55am
Quoting ZenNy
{quote} Just for the sake of the conversation.....yes the idea is to enter at the wholesale price, at a convenient price....... but one has to have also some kind of signs it is a wholesale price...otherwise a strong bull will become a stronger bull with many fail bears becoming bulls by covering..... and not any indication in sight of any wholesale price.... This is just a conversation for the sake of it.....I do not pretend I am right and I hold the truth.....anything can happen at anytime.....
I do. But it's complicated and I don't feel like sharing an analysis of the situation. That's why I cleared my chart first.
  • #1,110,180
  • May 15, 2017 6:56am May 15, 2017 6:56am
looking to short from 1.095 area towards 1.08 as this pair is likely to be in a range
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Don't Worry Be Happy
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