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  • #1,113,341
  • May 30, 2017 5:06am May 30, 2017 5:06am
Quoting jusstin911
{quote} I doubt bears taken profit yet ... E/U could really use a lil down move for better take off
there are all sort of bears around (short term, medium term, scalping and so on).......when prices turn quickly is a consequence of double pressure, in this particular case the bears became bulls by covering.....
trading is simple but is simple is not easy.
  • #1,113,342
  • May 30, 2017 5:10am May 30, 2017 5:10am
I shorted 59, and close at 67.. It turned down immediately
  • #1,113,343
  • May 30, 2017 5:11am May 30, 2017 5:11am
Very interested to see if this move has the powa to stop hunt above 1.1189. That would be something because there are lot of stops above it.
  • #1,113,344
  • May 30, 2017 5:11am May 30, 2017 5:11am
EURUSD H1

Possible projection

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This is not investment/trading advise. Will not hold accountable for loss
  • #1,113,345
  • May 30, 2017 5:14am May 30, 2017 5:14am
After the move last night, every 1 or 2 bear candles on intra day is completely reversed by the next bull one

Edit - yep we about to pop north again
  • #1,113,346
  • May 30, 2017 5:24am May 30, 2017 5:24am
retest the previous low around 1.116xx then could drop again !!!
Break 1.1183. I will look for buying or short at higher price !

Good luck!
  • #1,113,347
  • May 30, 2017 5:26am May 30, 2017 5:26am
Quoting ZenNy
{quote} 1160 multiple resistance.....
here we are.... there is a bit and pull and pushes here, on the 1min much clearer.....bulls still making hh's and hl's just above the previous day/weekly low....
trading is simple but is simple is not easy.
  • #1,113,348
  • May 30, 2017 5:35am May 30, 2017 5:35am
Quoting Don96
After the move last night, every 1 or 2 bear candles on intra day is completely reversed by the next bull one Edit - yep we about to pop north again
Quoting Connors
{quote} Managed to close above 1.1174, that is nowhere near bearish. Will be seeking long entries closer to 1.1110s preferably.

If this hourly bar does not close in red,it may end up horrible for bears.
Month-end approaching and where do you think they want to close. Billions have been used to bring the price here. I doubt they will let it slip without even testing Trump top.
Currently short but very cautious and intend to long closer to 1.1120/1.1110 as per plan above. I came to work a little too late this morning so couldn't long it earlier..
  • #1,113,349
  • May 30, 2017 5:36am May 30, 2017 5:36am
short 1.1160; stop @ 1.1171
  • #1,113,350
  • May 30, 2017 5:38am May 30, 2017 5:38am
wow, easy money for me this week
Don't Worry Be Happy
  • #1,113,351
  • May 30, 2017 5:45am May 30, 2017 5:45am
Quoting Connors
{quote} {quote} If this hourly bar does not close in red,it may end up horrible for bears. Month-end approaching and where do you think they want to close. Billions have been used to bring the price here. I doubt they will let it slip without even testing Trump top. Currently short but very cautious and intend to long closer to 1.1120/1.1110 as per plan above. I came to work a little too late this morning so couldn't long it earlier..
I think the Magic will be done on the last day of the MONTH which is Wednesday.. My guess would be, Monthly Close = 1.116, down to test 1.10 then I may seek to LONG
  • #1,113,352
  • May 30, 2017 5:49am May 30, 2017 5:49am
Quoting jusstin911
{quote} I think the Magic will be done on the last day of the MONTH which is Wednesday.. My guess would be, Monthly Close = 1.116, down to test 1.10 then I may seek to LONG
Possible too, let's see it testing today's low first. Be very cautious, not ideal trading conditions. Up or down any move can be stretched, I never trade month-ends in between. Never.
  • #1,113,353
  • May 30, 2017 5:52am May 30, 2017 5:52am
Any market is the worst liar ever.
If you can spot a liar, you should be able to know market's lies.
It is an important skill to have especially when you have kids
This is not investment/trading advise. Will not hold accountable for loss
  • #1,113,354
  • May 30, 2017 5:52am May 30, 2017 5:52am
Quoting ZenNy
{quote} overall this is a bull, they bought at the bottom of the flag and bears took profit there.....
you are correct but we are yet to see the correct turning point before jumping in.
I dont write much, I prove with results
  • #1,113,355
  • May 30, 2017 5:58am May 30, 2017 5:58am
Them sell limits so precise. Trust me I know nothing.
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"Diversification is an excuse for a lack of talent" ~FXC
  • #1,113,356
  • May 30, 2017 6:00am May 30, 2017 6:00am
Quoting WhiteHorseFX
{quote} Not for every one....my system needs particular level of volatility to make pips.
Sorry that system whatever it is limits your profitability.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,113,357
  • May 30, 2017 6:00am May 30, 2017 6:00am
Quoting Connors
{quote} {quote} If this hourly bar does not close in red,it may end up horrible for bears.

Bearish close, will be bearish next few hours at least.
  • #1,113,358
  • May 30, 2017 6:01am May 30, 2017 6:01am
Quoting FXCapitalist
{quote} Sorry that system whatever it is limits your profitability.
yes limits profitability and also keeps safe in unsure times....so it has advantage and disadvantage both.
I dont write much, I prove with results
  • #1,113,359
  • May 30, 2017 6:04am May 30, 2017 6:04am
Quoting Don96
i prefer forex, but ultimately property is where i want to be, London, NY, Shanghai, Beijing, Guangzhou (apparently London and NY are no longer in the top 10) {image}
keep up the good work in forex, soon enough you'll be there.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,113,360
  • May 30, 2017 6:05am May 30, 2017 6:05am
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