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csc2009
Jun 22 2016 at 10:39
834 posts
Eur/Usd after 2 days falling, the pair firmly trade higher and challenge 1.1300 level. But I would expect rather limited range for now giving the fact the UK referendum just around the corner.

Silk
Jun 23 2016 at 03:19
41 posts
Dear 3 days before I bought EUR/USD Sell, today $900 loss, if I keep it will go red or blue today, please help urgently today.

FXWES
Jun 23 2016 at 04:49
675 posts
The euro marked an increase against the US dollar on Wednesday session. The pair recovered from the previous session and again neared the resistance at 1.1389. If the upward trend continues, the pair will test the key level. The seesion started at 1.1241 and closed 53 pips higher. Bulls dominated and and intraday high was pinned at 1.1337.

PERPETUUMMOBILE (PERPETUUMMOBILE)
Jun 23 2016 at 04:51
136 posts
Silk posted:
Dear 3 days before I bought EUR/USD Sell, today $900 loss, if I keep it will go red or blue today, please help urgently today.


Hello Silk, what price did you sell at?
And where is your stop-loss?

Today's bar opened with a small GAP, so chances are that prices may trade back to the open price 1.1293.
In addition, today's bar on the daily chart is nr. 15 in congestion, which may also be in your favor.
The weekly chart is in congestion with 13 bars, and the monthly chart is currently on bar 14.

When any time frame is in congestion (bar 11 through bar 21) one should only trade a lower time frame and stay within the boundaries of the one that is in congestion.
The boundaries are the high and low of the measuring bar (MB), add 8% of the length to the high, subtract 8% of the length from the low.

This will give you the range you can trade in.

The high of the MB on the daily chart is 1.1372
and the low is 1.1135

As you can observe on the daily chart, on June 16th prices attempted to trade out of the consolidation on bar nr. 10 but only made it 5 pips below the low of the MB, then quickly traded back to the middle of the MB.
On June 20th, prices tried to break out of the confines of the MB's high but only made it 9 pips above the high and traded back to the middle of the MB. That was on bar nr. 12.

The rule is - 'trend over congestion' - that is why prices sometimes break on an earlier bar.
But these are exceptions and should only be traded if one can read and understand breakout formations inside of a congestion .

"a little bit of knowledge is a dangerous thing"
Silk
Jun 23 2016 at 06:39
41 posts
Dear I dongt no how to set stop/loss, I am loosing all the money please help me

zachsunfield
Jun 23 2016 at 06:41
2 posts
Silk posted:
Dear 3 days before I bought EUR/USD Sell, today $900 loss, if I keep it will go red or blue today, please help urgently today.


I think we could expect more than $1.1400 if Brexit fail

PERPETUUMMOBILE (PERPETUUMMOBILE)
Jun 23 2016 at 07:07
136 posts
Silk posted:
Dear I dongt no how to set stop/loss, I am loosing all the money please help me


If you don't know HOW to place the STOP, then you need to read the user manual of your trading terminal.

If you don't know WHERE to place the STOP, then I can post instructions here with a chart example.


"a little bit of knowledge is a dangerous thing"
PERPETUUMMOBILE (PERPETUUMMOBILE)
Jun 23 2016 at 07:34
136 posts
Silk posted:
Dear I dongt no how to set stop/loss, I am loosing all the money please help me


The 1 hr chart is in congestion now with 11 bars. the low of the MB is today's open price (1.1293).
With a little luck the gap will be closed in the next few hours.

It may help you a lot if you ask for help before you get into a trade instead of asking for help when you are already in a trade.

My question again... what was your sell - entry price?


"a little bit of knowledge is a dangerous thing"
oFortuna
Jun 23 2016 at 08:08
4 posts
For the love of god will everyone stop humouring Silk? Don't feed the troll, this thread is for EURUSD news only, please keep it that way (especially on days like this). My mailbox is not a toilet. Silk shouldn't be here whether (s)he is serious or trolling.
Thank you and happy trading.

PERPETUUMMOBILE posted:
Silk posted:
Dear I dongt no how to set stop/loss, I am loosing all the money please help me


The 1 hr chart is in congestion now with 11 bars. the low of the MB is today's open price (1.1293).
With a little luck the gap will be closed in the next few hours.

It may help you a lot if you ask for help before you get into a trade instead of asking for help when you are already in a trade.

My question again... what was your sell - entry price?


Post hoc ergo propter hoc
victoriajensen
Jun 23 2016 at 08:25
1117 posts
EUR/USD has been steadily rising in the past twenty-four hours despite the impending UK referendum. That said, I think I will wait and see what the results are before I open any new positions.

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