FX:EURUSD   Euro Fx/U.S. Dollar
753 13 25
:D
Steven_Maas
4 months ago
Nice analysis, thanks for sharing! I'm rather curious to know though why you would choose to take profit just before old consolidations instead of before reaching an old high (going down that would be challenging support). Or do you use a trailing stop and letting it run? Again just curious to know! Thanks again. Best regards,
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stocktrader15 PRO Steven_Maas
4 months ago
Thank you. I made this chart to explain why I placed my first TP there. Let me know if you have any questions.
EURUSD
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Steven_Maas stocktrader15
4 months ago
Ah thank you @Stocktrader15 for the explanation. On second thought, I might need more studying on EW and diagonal trendlines to understand the concept fully. Hopefully we'll see EU correcting into some lower liquidity pools soon! Good luck with your trades.
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waterman
4 months ago
A very good analysis.But euro is an account killing pair !
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stocktrader15 PRO waterman
4 months ago
Speak for yourself. Go back and look at my EU trades. All the majors follow the rules of wave analysis very well :D
EURUSD
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waterman stocktrader15
4 months ago
Yes. What I meant was this past performance and confidence can be very easly be well a trap dude
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waterman waterman
4 months ago
Equal chance for a continuation upside without a significant retrace
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stocktrader15 PRO waterman
4 months ago
You could say this about anything which is why it is important to have a system with a proven edge and the discipline to follow your own rules.
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ZainSaeed stocktrader15
4 months ago
It is not right to say that killing pair and account wash pair trading the name of margin control if you can control your margin then no pair can wash your account
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FarhadKeshavarz
4 months ago
no shark
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stocktrader15 PRO FarhadKeshavarz
4 months ago
What?
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ZainSaeed
4 months ago
A nice chart i also think this is going to happen but i am not sure if it break above.... but a good thing here is a double top which will be good for this chart
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stocktrader15 PRO ZainSaeed
4 months ago
Double tops and bottoms don't mean much to me by themselves. On the way to new highs and lows u will always have a double tops and bottoms. For every new high is a failed double top :D
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