@all, good morning fellow pip seekers. trend is expected to change almost across pairs BUT forex has its own mind and dont always follow our expectation that is why we get frustrated by repeated SL, even if the R/R of your trade is ok but u tend to get more of the Risk fulfilled than the Reward popping in. Enjoy your trading day!
Did anyone get in long on EU at the break of the sinking res that I posted yesterday? Above the 8am candle this morning was a good entry. This is a counter move against a stronger Daily short but worth a few pips. Risk 55 pips, looking for 13245 for 1:1, then 13300 for 2:1.
i tried to come back and join others for positive contributions but like mark said Silent majority has gone Everyone Majority:)
[quote=25323]This site was buzzing back in the day, what’s happened guys?[/quote]
my GBPJPY short os yesterday at 155.0 is however swimming deep now but my trading style can accommodate tit even if it does very much more against me. i shal enter a fresher short on better high to join my first entry
GBPJPY has res at 15600-15680 set in May, so a nice Shooting star around this area will be a good short signal. We should see price drop back down to at least 14800 support if this level is rejected with a SS.
haha, that sound like my plan i am aiming 150.00 on my 155.0 short.[quote=25331]GBPJPY has res at 15600-15680 set in May, so a nice Shooting star around this area will be a good short signal. We should see price drop back down to at least 14800 support if this level is rejected with a SS.[/quote]
i am doing a limited strike style on GJ ofr just 10pips per trade and i alrady got 11celan trades today but just entered yet another 10pips LONG on GJ [quote=25333]Nice short on AUDNZD about to trigger.[/quote]
@piphut – Hi there Mark (the wise ole owl :-)) hope you’re fine and well.
@My good old friends.
Im Long from @3150 and keep this one running to @3400. (Dont worry, we’ll get there…Bearish are garbish from now on….Up up and away….Only below 31110 will spook me…..TC&GL
hahah it cant b better to have the good old friends coming out of the cloud of silent majority once again. it is fun and nerve relaxing when u have the view and ideas of fellow pip fighters come together on same Control and Command Post(Forum)[quote=25376]Good to see old members[/quote]
i think the mkr is on the verge of a major move either continuation of current direction of major or healthy reversal. Will see what Syria noise will cause to the mkt in coming days and perhaps htis weekend will b the starter
[quote=25353]@piphut – Hi there Mark (the wise ole owl :-)) hope you’re fine and well.
@My good old friends.
Im Long from @3150 and keep this one running to @3400. (Dont worry, we’ll get there…Bearish are garbish from now on….Up up and away….Only below 31110 will spook me…..TC&GL[/quote]
@johnny: Johnny! Glad to see you are still alive (same goes for you @ukfitness)! If bulls can push us up enough to show some life then I’m long for a re-challenge of 1.33. Otherwise 1.30 here we come.
[quote=25378]i think the mkr is on the verge of a major move either continuation of current direction of major or healthy reversal. Will see what Syria noise will cause to the mkt in coming days and perhaps htis weekend will b the starter[/quote]
I agree @kayus – a lot of pairs are in long-term squeezing patterns on the daily and weekly charts with volatility shrinking a great deal. Low volatility almost always precedes large breakouts.
If this 862 fib holds this will be a very strong sell signal. We have a point 5 with an ABCD completion at 862 & 1382 fibs with RSI going into overbought. Of course we need to wait for the right candle to enter. If price breaks this fib then the next area to look at is the 1:1 then the 1127.
Not as strong a set up on AJ but still worth considering: The long trade taken above the Pinbar that rejected support has hit T3 and now we have a Bearish Gartley completion at the 786 fib. A Harami will be a good enough candle to short under.
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