tntsunrise
Short

Short EURUSD now for structure pull back

FX:EURUSD   Euro Fx/U.S. Dollar
7271 35 110
Short EURUSD             now for structure pull back

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Short now because the strong resistance zone?
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YongLiang YongLiang
Would the FOMC meeting later affecting USD strength?
+1 Reply
bayasaaMGL YongLiang
@YongLiang, i think yes
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olan YongLiang
@YongLiang,
what is the profit target for this trade?
thanks
+2 Reply
@olan, I didn't short as per recommendation.
But now, seem like a better opportunity to short :)
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i think its difficult to short here due to the dollar corrective structure,
snapshot
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Hello! Is a set up just based on structure a high probability trade? I mean its just a level... We you don't look for a divergence also or some kind of momentum weakness...?
+2 Reply
Thanks for the idea, Jack.
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whats stop loss sir
+4 Reply
Thanks
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I already have a Sell Limit hit, but it's nice to have a confirmation from a Pro
+1 Reply
Walentine patilan
@patilan, Yes, I agree, but... where is "the Pro"?
+1 Reply
patilan Walentine
@Walentine, the author is quite good from what i see. he may not really be a Pro, but he is good
+1 Reply
Walentine patilan
@patilan, I'm happy for you
+1 Reply
cipsor Walentine
@Walentine, you are right he is not a PRO. Just TOP. :)
Now, all I know is that not to long ago, Jack challenged everyone to join him in Singapore. I was not there, but I heard that even Chuck Norris wasn't. And he is missing ever since. LOL
+1 Reply
@cipsor, LOL :)
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I will start short once hit above 1.052
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SageFXTrading ThayalanBalakrishnanVainglorio
@ThayalanBalakrishnanVainglorio, 1.052 has just been hit and there is a clear candle of rejection formed. Already shorted and closed 1/2 my position for a small profit. Will keep an eye if it tests again which I am sure it will during UK and US hours. Good luck.
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I agree,also completed bearish bat pattern;
Completed Bat pattern
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Calamity EsmailBoumrah
@EsmailBoumrah, Jack says you need an extreme point to have a good patter. I think the curve before X is too flat.
+1 Reply
Mmmm... are you sure this is a good move ?
+6 Reply
Every pair has its own little paculiarity. That was a logical call. I play those all the time. S/D traders call them swap levels. It's the age old adage old support becomes new resistance. There is a reason for the event though. There is always one single element that makes trading so difficult and it is an element that we are not ever allowed to know. It's protected more than the U.S. nuclier codes are. That being "market depth". It's this missing element that makes every trade, without exception, a gamble. That was a good call. I would point out that for the same reason it was expected that this level would work, the same level having failed will frequently become a continuation level.
+1 Reply
stop loss hit
+3 Reply
Going to 1.060
+1 Reply
As I wrote yesterday, sorry Jack but this was really a bad move
+2 Reply
Better to trade leg starts than vague 'structure'. Hope you guys used stops.
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Jack look $EURUSD - Posible compra en diario -
Posible compra en diario

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pretty big mistake
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ha ha ha
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still wait 1.0789
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Grafix Grafix
and hold for weeks
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Grafix Grafix
maybe for months
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better luck next time.
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another loss
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