xriz.toppa
Short

Let's make it short

FX:EURUSD   Euro Fx/U.S. Dollar
165 11 1
see the chart
99nines
2 years ago
I dont understand this trendline.... it does't start on any high?
Reply
xriz.toppa
2 years ago
Servus and thx for your question. You're right. I didn't realize that the red line don't start at the high, so it should look like this
snapshot

Nevermind, the idea is still valid, because the monthly candle isn't closed yet :)
I apreciate your comment. Do you have other suggestions for the chart?
Reply
xriz.toppa
2 years ago
entry is reached
Reply
xriz.toppa xriz.toppa
2 years ago
The quotation reached a dynamic resistance. A sustainable break on a 4H-Frame should clear the way for the first target. Afterwards my entry should have been here. Let's see what happens next.
snapshot
Reply
xriz.toppa
2 years ago
Hedge Fund buys aggressive EUR --> stops over 1.3820/30 were triggert
Reply
99nines
2 years ago
how do you know the red line is valid?
Reply
xriz.toppa 99nines
2 years ago
The red line crossed the last candle on a weekly basis. But this candle wasn't closed at this time.. As we know the quotation went downwards and closed under the red line.
Reply
99nines xriz.toppa
2 years ago
couldnt the same be said about the last two tops euro made? At the time it looked like the trend line was valid just to be broken again two times now and probably a 3rd time coming
Reply
xriz.toppa 99nines
2 years ago
Do you mean, that the trend was still broken on the weekly frame from the candles 02.03.2014 and 09.03.2014... yeah that is true but I meant the monthly not the weekly basis.. dunno how to react when it breaks on a lower frame (what was actualy happaning on weekly basis) In the moment I'm pretty unsure about my bearish view. There are so many traders outside who are pushing the buy-buttons (like you) So I'm unsure about my idea. I'm flat now, but ready for shorting
Reply
xriz.toppa
2 years ago
I reentered my short idea by breaking the lower resistance line. 4 Positions with targets as set above. stop lies on the upper resistance line. I guess I should have been more consistent and trustful in my idea, but the bullish pressing on the € was a new thing for me, I never experienced before... So let's push the € down again! :)
Reply
xriz.toppa
2 years ago
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out