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Maxjoy replied May 18, 2018Ata - can you provide a chart of the Waves you mention...just to visualize things for myself. Thanks
EURUSD only
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Maxjoy replied May 18, 2018Wise choice, I my self post last buy here w/calculated risk, but looking at PA, my confidence is diminishing by a minute.
EURUSD only
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Maxjoy replied May 18, 2018Looking at H1 chart, if it closes below .1790-ish, I'll call it a BEAR and look opps to Sell. Right now after SL hit, I'm in 3 more lots from the base of Demand + TL (connecting 2 consecutive day lows) and Bulls have 30 min to push it above .1800.
EURUSD only
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Maxjoy replied May 18, 2018In my view. 1790 is the last demand zone, if breached we go back to Bear market...and so on & on & on...until we finally get a direction, clear direction as now still in NML .1780-.1810/20
EURUSD only
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Maxjoy replied May 18, 20183-d lot loaded! I know it looks risky...and it is, however the R:R ratio is off the chart and if stopped, I'm loosing only what I have made on my last trade risking 5 pips
Winning have me 3 lots running from bottom and more loaded once this ...EURUSD only
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Maxjoy replied May 18, 20182 stages of pull back before this turns to a Fake break and we enter that "beloved .1810 area" Also a nice chance to buy dips...if one is confident on confirmation of break and Bull direction EDIT: .1810 very likely to be re-tested.
EURUSD only
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Maxjoy replied May 18, 2018Now, I like to share my knowledge and absorb as much as I can from others... Yesterday some "trader" cracked me up with a Joke about Fib. and that being useless and so... Here an example of our current chart - Fib. Levels and S&D levels match almost ...
EURUSD only
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Maxjoy replied May 18, 2018Boom, first TGT reached at next supply level .1821 SL stays in place unfortunately, too far for my taste but also I wont close for + 7 pips when Bullish forecast on the plate. Next buy level back where we broke and I bought - .1815
EURUSD only
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Maxjoy replied May 18, 2018Makes me happy to see this level of absorption, specially when I missed my entry by 5 pips while changing the songs on my play list, and still jumped in w/wider SL. Not a good thing to do. So entry Long at .1814 instead of .1809, SL .1803 which ...
EURUSD only
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Maxjoy replied May 18, 2018Now, there is 2 ways (at least) to trade this level break: 1 - buy now market price 1.1812 w/tight 10 pip SL 2 - wait for pullback to Demand Zone to enter at better price.
EURUSD only
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Maxjoy replied May 18, 2018If we confirm the Bull break, have this levels in mind when trading!
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Maxjoy replied May 18, 2018Well... I think all will agree that Constructive Criticism is always welcome - we wanna learn and grow. For that we all should exchange views and strategies without gloating or any extra drama...certainly no Trolls welcome. on the point ATM: S&D - ...
EURUSD only
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Maxjoy replied May 17, 2018Asia just bounced off price 0.2 pip away from my SL... Still in with 2 Long positions and my 7 pip SL held by a thread, but looking to clear that .1810 area so we can see more Bull
EURUSD only
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Maxjoy replied May 17, 2018Simple Tape Reading bro - years of reading Japanese CS and gazing in to trade charts. TF does not matter. It's common misconception ppl think I trade M1 chart. Hell no! I trade M5, H1 & D1...occasionally checking Weekly of course. But the fine ...
EURUSD only
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Maxjoy replied May 17, 2018for those of you who trade patterns...I present you the broken falling wedge and the ugliest double-headed H&S. Of course I'm long right there at .1796. looks like my 2 lot strategy will be playing with only one entry
EURUSD only