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blownaccount (blownaccount)
Mar 02 2015 at 09:43
104 posts
Last block of news 17 minutes and counting

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honeill (honeill)
Mar 02 2015 at 09:48
1141 posts
EURUSD tried to rally during Friday’s session, but found enough resistance at 1.1236 giving back all of the gains to close slightly below the 1.12 Level. The resulting candle was a doji signaling some indecision in the market. We are at “no man’s land” between 1.1236 downward to 1.1097.

"I trade to make money not to be right."
Cholipop
Mar 02 2015 at 09:58
406 posts



 We now see a completed pivot to pivot run. With the orginal entry benig the s1 based on scalping engulfing patterns, and the sl which was 1.1164 which was never engulfed, thus resulting in a spike upward of 50 pips. I do understand that the overall trend is down, but you can no ignore earning 50 pips by simply following an engulf against the trend.

blownaccount (blownaccount)
Mar 02 2015 at 10:15
104 posts
just show me a screen shot of your trade entry, just curious? because i do not see a trade entry in the charts you have posted.
your account update on one of them is 2 hours ago and the other 11 minutes ago. and it shows your only up 11 pips for the day

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alexforex007
Mar 02 2015 at 11:00
774 posts
Eventhough the Euro tries to go back up, it is still a long way from changing its main bearish trend.

Cholipop
Mar 02 2015 at 13:12
406 posts
EU is now over extended without one single engulf to the red side. Here comes the touch of the R1 daily pivot.... I would take profit here... Do recall at the price I called the long of EU.... 1.1173 with a stop loss of less then 10 pips, which was never closed across. We now see EU has extended well over 50 pips to the upside.

Cholipop
Mar 02 2015 at 13:14
406 posts




  EU has cleared two daily pivots to the upside. Now is the perfect time to remain neutral and await confirmation for either the long or short. Recall this is trading on the 5m, so those confirmations won't take long.

victoriajensen
Mar 02 2015 at 14:01
1117 posts
EUR/USD fell and reached the support at 1.1150, forming a marubozu candlestick on the daily filter chart. Althought the pair is still testing the support I think this might be a double bottom and we can expect a new movement to the upside.

Cholipop
Mar 02 2015 at 15:09
406 posts
EU scalping update
-----------------------------


 EU at this moment is a buy.... Once the bid CLOSES under that red line 1.12216 then the buy is no longer valid, and you would take the sell position.

Cholipop
Mar 02 2015 at 16:09
406 posts
Cholipop posted:
EU scalping update
-----------------------------


 EU at this moment is a buy.... Once the bid CLOSES under that red line 1.12216 then the buy is no longer valid, and you would take the sell position.



 Now look what has happened after the buy sl line was closed under. You will also notice that since closing under that line, not one red candle has been engulfed.



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