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  • #1,115,481
  • Jun 8, 2017 7:37pm Jun 8, 2017 7:37pm
I will be looking to close short at around 1.117 and watch. The next support is around 1.11, and I'm not sure if it's ready to go there, but maybe of the Tories win that's all the ammunition that it needs.
  • #1,115,482
  • Jun 8, 2017 7:41pm Jun 8, 2017 7:41pm
Quoting Connors
{quote} Dear suthmo
Dude I've been meaning to start a site for my system and thanks to your suggestion it's first incarnation is here. 3 hours from conception to publish haha
http://theseventhwaveinstitute.yolasite.com/
Founder of Sutherland Wave Principle
  • #1,115,483
  • Jun 8, 2017 7:41pm Jun 8, 2017 7:41pm
Quoting Jspark51
{quote} What if you draw a trendline from the two previous lows that would have us meeting it at around 1.1144
I used the most recent daily candles.. the bearish trend is still in tact but only for FRIDAY it seems like we reached range bottom.. It is simple logic and doesn't mean that it can't go further down.. it just means for security reasons I closed my shorts.. also will look for buy opportunity once I see bull power.. If I am wrong I can jump back in into a short whenever the situation fits..

Again: I left my shorts to save my profits based on my simple idea.. no big deal..

Stay Green
Focus only on what truly matters!
  • #1,115,484
  • Jun 8, 2017 7:42pm Jun 8, 2017 7:42pm
Quoting Starcraftmaz
I will be looking to close short at around 1.117 and watch. The next support is around 1.11, and I'm not sure if it's ready to go there, but maybe of the Tories win that's all the ammunition that it needs.
Im shorting down to 1.08500 - resistance coming in at red boxes on chart:
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  • #1,115,485
  • Jun 8, 2017 7:44pm Jun 8, 2017 7:44pm
Quoting Ata-Turkoglu
{quote} Sometimes the reason is so simple.. here is why: we reached daily range based on trendline I drew connecting previous daily candle lows.. Stay Green {image}

You are a good trader my Turkish friend but i am not agree with you today. Train calls market selling or closing longs now. So its strong. I see all major levels you suggest but at this point they are irrelevant. Fundamentals driving market now not technical. I would say 1130 will be good place to buy if market suggests it. Plus where we are at its not major support/resistance historic level its more volatility level to me. Good luck!
  • #1,115,486
  • Jun 8, 2017 7:48pm Jun 8, 2017 7:48pm
Quoting denisius
{quote} You are a good trader my Turkish friend but i am not agree with you today. Train calls market selling or closing longs now. So its strong. I see all major levels you suggest but at this point they are irrelevant. Fundamentals driving market now not technical. I would say 1130 will be good place to buy if market suggests it. Plus where we are at its not major support/resistance historic level its more volatility level to me. Good luck!
Thanks mate.. it is never a requirement to agree with my ideas.. if you like it use it in your favour.. if not go on with your own idea.. this is very natural inside threads.. many ideas to pick from.. and in our case we can simply agree to disagree.. that's what grown ups do right? Best wishes brother..

Stay Green
Focus only on what truly matters!
  • #1,115,487
  • Jun 8, 2017 7:50pm Jun 8, 2017 7:50pm
Quoting Derivative92
{quote} Im shorting down to 1.08500 - resistance coming in at red boxes on chart: {image}
I
f you are a long-time-waiting trader your set is ok. For intraday and short term 11 will be bottom. I hope maybe 1080. so i would suggest wait for re test of 1280 before enter for 08. we all want it. Every one here want gap close. But nothing right now suggest it. Todays draggi bs just support short sell. Not major trend reversal. Good luck!
  • #1,115,488
  • Jun 8, 2017 7:55pm Jun 8, 2017 7:55pm
Quoting Ata-Turkoglu
{quote} Thanks mate.. it is never a requirement to agree with my ideas.. if you like it use it in your favour.. if not go on with your own idea.. this is very natural inside threads.. many ideas to pick from.. and in our case we can simply agree to disagree.. that's what grown ups do right? Best wishes brother.. Stay Green

Very wise! I am not trying to prove you wrong, just simple share of my vision. I have learned a lot since i came back to FF from guys like you , connors, daytraider, ill be back etc etc. All of you have something in common. That something i found and trying to use. Thanks for everything you are sharing. Good luck to as well !
  • #1,115,489
  • Jun 8, 2017 7:58pm Jun 8, 2017 7:58pm
GU down to 1.26000 then rally when hung parliament prediction becomes Tory majority?
  • #1,115,490
  • Jun 8, 2017 8:01pm Jun 8, 2017 8:01pm
Need some shut eye zzzZZZzz been trading 24 hrs its 9am here, and my bed is calling me… will date the m1 chart when wake up… peace out…
Attached Image
Self discipline It is a practice
  • #1,115,491
  • Jun 8, 2017 8:02pm Jun 8, 2017 8:02pm
Quoting Derivative92
GU down to 1.26000 then rally when hung parliament prediction becomes Tory majority?

Tough question. So far FF chat suggest hung parliament. I am out of all shorts plus another +70 pips. From this point it doesent matter result. Market returnes to "follow trend" condition. So follow.... Good Luck !
  • #1,115,492
  • Jun 8, 2017 8:04pm Jun 8, 2017 8:04pm
Quoting Ata-Turkoglu
{quote} Sometimes the reason is so simple.. here is why: we reached daily range based on trendline I drew connecting previous daily candle lows.. Stay Green {image}

What's up Ata..How you doing today?... I hate to say it but that example you give, I don't know how many times I've drawn trendlines like you have and totally disregard them because it just seems to simple to be right...lol
  • #1,115,493
  • Jun 8, 2017 8:05pm Jun 8, 2017 8:05pm
Quoting okshop
Need some shut eye zzzZZZzz been trading 24 hrs its 9am here, and my bed is calling me will date the m1 chart when wake up peace out {image}


This is insane !!!! How you guys trading by so many orders? Can someone teach me how to do that? Never in 10 year i opened 1m 5 m 15m chart. May be i should start scalping
  • #1,115,494
  • Jun 8, 2017 8:15pm Jun 8, 2017 8:15pm
Quoting petehnm
{quote} What's up Ata..How you doing today?... I hate to say it but that example you give, I don't know how many times I've drawn trendlines like you have and totally disregard them because it just seems to simple to be right...lol
The market will speak the truth.. so let's just wait and see.. if I am wrong I am losing nothing.. just closed shorts which I can open anytime once bearish trend continues.. Trendlines or fib levels or elliott waves or any other indicator work well only if you have a solid system and great experience behind it that supports your idea.. without them any indicator is just air.. fugazzi.. balloony..

Stay Green
Focus only on what truly matters!
  • #1,115,495
  • Jun 8, 2017 8:30pm Jun 8, 2017 8:30pm
Quoting Ata-Turkoglu
{quote} The market will speak the truth.. so let's just wait and see.. if I am wrong I am losing nothing.. just closed shorts which I can open anytime once bearish trend continues.. Trendlines or fib levels or elliott waves or any other indicator work well only if you have a solid system and great experience behind it that supports your idea.. without them any indicator is just air.. fugazzi.. balloony.. Stay Green
so true brother ...for so long I used what seemed like over a dozen indicators but had no system..now I keep it super simple and it seems to be working great.

many green pips to you my friend...
  • #1,115,496
  • Jun 8, 2017 8:31pm Jun 8, 2017 8:31pm
Quoting Ata-Turkoglu
{quote} The market will speak the truth.. so let's just wait and see.. if I am wrong I am losing nothing.. just closed shorts which I can open anytime once bearish trend continues.. Trendlines or fib levels or elliott waves or any other indicator work well only if you have a solid system and great experience behind it that supports your idea.. without them any indicator is just air.. fugazzi.. balloony.. Stay Green


See , your key levels work. This is what i like BUT on my RSI its also reverse level as well, so not sure if it coincidence or not. It needs room to move lower, so retrace expected.

P.S If 1205 holds we will see some nice rundown !!!!
  • #1,115,497
  • Jun 8, 2017 8:41pm Jun 8, 2017 8:41pm
Quoting denisius
{quote} See , your key levels work. This is what i like BUT on my RSI its also reverse level as well, so not sure if it coincidence or not. It needs room to move lower, so retrace expected. P.S If 1205 holds we will see some nice rundown !!!!
I never rely just on one idea.. I also mentioned an hour ago about a potential Shark pattern.. but just like usual many have missed my post..

Quoting Ata-Turkoglu
Remember the H4 levels.. 1.1195 is 1.1193 now.. so be careful around the zone: 1.1185/95 I also noticed a bullish shark on 15m chart that could push price back up to 1.1220 or higher.. Stay Green {image}
Stay Green
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Focus only on what truly matters!
  • #1,115,498
  • Jun 8, 2017 8:47pm Jun 8, 2017 8:47pm
Quoting Ata-Turkoglu
{quote} I never rely just on one idea.. I also mentioned an hour ago about a potential Shark pattern.. but just like usual many have missed my post.. {quote} Stay Green {image}

No idea how to use 15m chart brother. Never used it in my life time.
  • #1,115,499
  • Jun 8, 2017 8:49pm Jun 8, 2017 8:49pm
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  • #1,115,500
  • Jun 8, 2017 8:50pm Jun 8, 2017 8:50pm
Quoting OnlineAddict
{quote} 20-30 pips? Looks like I called a short for almost 300 pips with a 7 pip drawdown.
Did you predict the election poll earlier with your crystal ball? Still cannot figure out what's gambling?
The drop is expected since conservative party didn't get the majority, still 4 seats short. Got it?

Quoting beejay
{quote} focus is a must...am improving in that department!!! second lesson boss watchu say sire!!!!
Look what OnlineAddict saying. Grab his crystal ball
You cannot learn better without losing
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