Sell Eur/Usd

[pqt]

man, we're in deep doo but it sure ain't pretty when the sh!t hit the fan!

[phreak]

Originally Posted by Iris

Hello Everyone.....

The Euro has reached a Monthly 618 Fractal @ 1.3835 and I have just added a Final Euro Sell @ 1.3815 for this series of Positions along with exisiting Sell's @ 1.3775<>1.3735<>1.3730<>1.3715<>1.3714 and 1.3710.

A Euro Sell Zone is formed @ 1.3835<>1.3815...

Key South break @ 1.3775<>1.3750 has the decline onto 1.3720<>1.3680 Zone.

IRIS FX

Here we go, one more round of irresponsible gambling. But even if you gamble, it's better to follow the old rule: 'Bet with the trend or don't bet at all.' So, for the time being we just need to move our sell zone a bit more up as usual and pray... Right?

[pqt]

Originally Posted by phreak

Here we go, one more round of irresponsible gambling. But even if you gamble, it's better to follow the old rule: 'Bet with the trend or don't bet at all.' So, for the time being we just need to move our sell zone a bit more up as usual and pray... Right?

In fact, fiber ain't so bad this time, but cable and kiwi are pure nuts! But they are great to milk, if u r lucky

[Niteflite]

************************************************** *************
Hello Everyone.....
Quote:

We have Exited All Euro Buy Positions @ 1.3715 and we have Reversed Position and are in a Sell Reversal Zone NOW.

Eur/Usd Sell Zone @ 1.3690<>1.3715...with extension Sell's @ 1.3730...

Target ...Open.

Euro Sell's @ 1.3715<>1.3714 and 1.3710 are activated...let's see if we can achieve Sell Entries in the 1.3715<>1.3730 Zone.

Have added Euro Sell's @ 1.3735<>1.3730 along with existing Sell's @ 1.3715<>1.3714 and 1.3710.

Target ...Open.

I have added another Euro Sell @ 1.3775 along with exisiting Sell's above for a South break @ 1.3750 onto 1.3730<>1.3700 Zone.

The Euro has reached a Monthly 618 Fractal @ 1.3835 and I have just added a Final Euro Sell @ 1.3815 for this series of Positions along with exisiting Sell's @ 1.3775<>1.3735<>1.3730<>1.3715<>1.3714 and 1.3710.

A Euro Sell Zone is formed @ 1.3835<>1.3815...

Key South break @ 1.3775<>1.3750 has the decline onto 1.3720<>1.3680 Zone.

IRIS FX

************************************************** ***********

Hello Iris,

I am still trying to grasp the mechanics of the "zone" but those two last posts on the Euro make me very perplex. Here is why.

First you call a sell zone in the range 1.3690<>1.3730, then a second sell zone is formed @ 1.3835<>1.3815. On average they are 30 pips wide, which makes the distance between them (85 pips) between 200% and 300% their width. In other words, they are not close enough to be considered as a single zone.

Questions:

1. Shouldn't two different sell zones be separated by a "buy" or at least an "out of market" zone?
2. In terms of price target, "the decline onto 1.3720<>1.3680 Zone" is perfectly overlapping the original, first sell zone. That makes the 1.3715<>1.3714 and 1.3710 entries look unjustified from the risk/reward point of view. Isn't this a demonstration that the first sell zone had been invalidated?

At the same time, I am under the impression that you are calling for a multi-month, maybe multi-year high on the Euro. If that is the case, maybe it's just a matter of clearly defining time frames and price targets. Possibly, sell zones would then be better defined in a 100-200 range pips with a target price of several hundreds, over several months.

So my last question is:
3. Is the real nature of your trading "method" a short-term based on price analysis or a long-term based on fundamentals?

I am sure that I could have found the answers going through the entire thread, but its length makes it really difficult.

Apologies for that.

[pelle64]

Originally Posted by pelle64

Eur-Usd

Im long with target 1.3611 as u se on my chart, the pair starts to get o/b but have momentum to reach this level.

Levels to ceep in mind

1.3550
1.3576
1.3611

1.3672 is top and a close over this will give us moore upside

Below 1.3470 look for 1.3272 and a close below 1.3272 will call for moore downside

Take care

Hi Noor.
Im sorry that the bulls took your s/l and as i can see this the Eur/Usd is over 1.3720

Eur/Usd is in range <1.3840/1.3720> and as long as the pair is over 1.3720 im north with target 1.3916

[Catalonia]

Hi!

Noor, Where are you?

Come back, please!

You do not know how much I enjoy your forecasts and bets. You have a system, my friend. A system and to the pip.

But you should apply it the other way.

Are you doing the same than your master? He does not want to acknowledge he has made a gigantic mistake. And one day, when eur and gbp drop, he will say he has done it again.

Come on, come back. Where is the top: 1,3843 - 1,4000 - 1,4007 - 1,4020 - 1,4050?

I miss you!!

[ActiveTC]

Hi Catalonia,

I am not going to defend no one here, but I will tell you from my experience, if you loose and blame others then this will only make your learning curve and costs larger.

take my advice and try to find a system that suits your personality and style of trading. I like to read all others opinions, but I don't like to follow it blindly, i prefer to know when and why i should get in and get out, I better be convinced to stick to my trades.

Hope this helps, and happy trading.

[west33445]

Sarcasm is sometimes not perceived when using only text...Cat is a spectacular trader and I think this is/was his intented tone.

Big week ahead...good luck to you Iris, et al.