tntsunrise
Short

EURUSD SELL THE PULL BACK

FX:EURUSD   Euro Fx/U.S. Dollar
19210 118 262
2 months ago
Eurusd             Sell the pull back again

Break down and retested the edge

Good to short
2 months ago
Trade active: Sold at 1.1226
2 months ago
Trade closed: stop reached: BREAKS NEW HIGH, EXIT FIRST
2 months ago
Comment:
snapshot
2 months ago
Trade active:
snapshot

Re-enter the trade at 1.1240 and the 0.618 level 1.1277
2 months ago
Comment:
snapshot

ALMOST HIT TP2
2 months ago
Comment:
snapshot
2 months ago
Comment: Now is 1.1158, the added position earns profit now.
2 months ago
Comment: TP2 HIT. remember to take some profit!
Are you with me? :)
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watsonzou26
2 months ago
Same thought here.
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watsonzou26 watsonzou26
2 months ago
BTW,Just watched your weekly thought at YouTube, very helpful, thanks. However, your analysis about oil and usd/cad seems conflict, did i misunderstand you here?
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jonclemente67
2 months ago
agree
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Batman-oz
2 months ago
Thank you Sir
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Lorry.NZ PRO
2 months ago
I just got home and seen this one too
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tekigutros
2 months ago
Same here.. lets sell it
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tekigutros tekigutros
2 months ago
Stop Loss :(
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BTCMarket PRO
2 months ago
I'm watching this pair as well however the 4hr is holding an rsi trendline and it looks like this pair could try a short squeeze. If the daily support trendline seen in the chart below goes we will see some deeper targets, but at these levels I'm being a little more cautious.
snapshot
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KenWei BTCMarket
2 months ago
Man, you are really good than jack x10 times
+2 Reply
tntsunrise TOP KenWei
2 months ago
??? then u shouldn't come to my chart.
+19 Reply
trungle83 PRO KenWei
2 months ago
Don't be disrespectful. Just observe, learn and keep your non-constructive comments to yourself.
+6 Reply
bunah2 KenWei
2 months ago
Keep your comments to yourself. Be respectful.
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KenWei bunah2
2 months ago
happy lose
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BTCMarket PRO BTCMarket
2 months ago
This hourly chart is why I am a little more cautious
snapshot
+1 Reply
theforexscrub BTCMarket
2 months ago
Ok time to go long again lets go!!!
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theforexscrub theforexscrub
2 months ago
Sell now!!!
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tntsunrise TOP BTCMarket
2 months ago
good chart. but we are selling the pull back, at least my first target is the range low.
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BTCMarket PRO tntsunrise
2 months ago
Yeah I like to short this pair as well but I'm taking the more cautious trade, you will have better reward shorting here but if this pair is really bearish I think there is still plenty of room to make nice profit. With the market positioned for No interest rate rise this month I think it's possible for this pair to go higher which is why I prefer to wait and watch this pair into London and New York before opening anything.
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tntsunrise TOP BTCMarket
2 months ago
another alternative is to short when the horizontal structure is broken
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BTCMarket PRO BTCMarket
2 months ago
This is why I was voicing caution from earlier today and thought better to wait and see how the market develops into New York session.

snapshot
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KenWei BTCMarket
2 months ago
Man, once again you prove it
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stockerz BTCMarket
2 months ago
Nice analysis too, btw what does your short squeeze mean? a little sell down before going up?
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Calamity BTCMarket
2 months ago
but it is still good timing to sell it now , normally it will break down 1st , then test the support to decide whether it go down further or keep the uptrend.
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Calamity BTCMarket
2 months ago
just hope you know you need price action to contest your assumption, you can not simply predict the movements by drawing trend lines
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Predictindex
2 months ago
Maybe
https://www.tradingview.com/chart/Hgswy9zN/
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Predictindex Predictindex
2 months ago
EURUSD Upcoming Movement (09/14/2016)
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tntsunrise TOP Predictindex
2 months ago
see the trend line whether can support or not.
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Smiley8080 tntsunrise
2 months ago
Thank you Tnt, really great workn and comentry.
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IAmAgainst
2 months ago
Lets see if it closes inside the blue zone..

snapshot
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watsonzou26
2 months ago
sell short at 1.12394.
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Trendhopper PRO
2 months ago
Thanks Jack I just got in....my target, 1.117 completion of this Gartley

snapshot

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tntsunrise TOP Trendhopper
2 months ago
nice
+2 Reply
harising13 tntsunrise
2 months ago
are all eurusd position closed. or only the pull back at sl 1.545
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harising13 tntsunrise
2 months ago
I mean 1.12545..I remember your 1 12730 is it still valid..
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waiyuen
2 months ago
hit stoploss at 1.12545
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earthkamol
2 months ago
Hit SL. Is it still in down trend?
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wangpa
2 months ago
well done thanks for analysis.great trade..... made so much pips.
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MWGame1 wangpa
2 months ago
it hit SL man how u made much pips lol ?
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Rocketman PRO
2 months ago
snapshot
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Rocketman PRO Rocketman
2 months ago
8 hours correction.... that's what it looks like.. I took a sell position though. If it does not come back down, then, I will just exit.
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ShahidUmer Rocketman
2 months ago
failed.lol
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Rocketman PRO ShahidUmer
2 months ago
snapshot
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Rocketman PRO Rocketman
2 months ago
I assumed everyone understood this one. It was a sell signal after people were stopped out. Plus it went to that fib level and the channel was pointing down. It is not a bar chart or candle chart.
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giannisbre
2 months ago
Because he failed one doesnt mean that he always failed..lots of users failed in this pair today..thie is trading..so be careful what you say please...
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Rocketman PRO giannisbre
2 months ago
Professional gambling and trading can be the same. I think looking at lines on the chart without looking at economics only are one of those ways. Why are all the billionaires fundamental traders and not wave traders?
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TheSmartInvestor Rocketman
2 months ago
"I used fundamentals for 9 years and got rich as a technician"
-Martin Schwartz
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Rocketman PRO TheSmartInvestor
2 months ago
"I used fundamentals for 9 years and got rich as a technician"
-Martin Schwartz

That a quote that has been seriously taken out of context by chartist and lazy price action gamblers that stopped learning. Everyone knows that economists, especially fundamental traders, use models and charts as extra tools. Here is the real Marty Schwartz:

After Martin Schwartz left his career, he has been a fundamental trader until this day.
He was a fundamental analyst in the stock market, working for a company with a salary, not a fundamental trader. Fundamental traders use charts and economics to trade. This is different from an analyst that looks at earnings of companies alone and different from gamblers that says, "Price is ALL that matters." By contrast, Marty teaches to "Understand the news." That is called learn some economics-fundamentals.


#1 - He uses fundamental data. He "price reaction to news releases and fundamental data to understand the strength and market sentiment." Where is the blind price action only chart wizard in this?

#2 - Regarding fundamental data annd technical data, Marty Schwartz said, "I think BOTH of them HAVE to agree, and if they do not agree there are things to look at. So, move on down the road." Listen to him speak anbout that here regarding Marty Schwartz's trading strategy. you won't hear him talk about Elliott Waves: https://www.youtube.com/watch?v=CkDZbGVR7Y8


#3) Marty worked for Warren Buffett, I am certain that he wasn't waving charts at Buffett.

#5) He uses a 10 ema (moving average). When price goes above it on the weekly or daily he looks for buys on a lower time frame; below it, he sells.

#6) He just rides the trend up when the trendline is facing up.

#5) He uses the Put/Call ratio - a fundamental tool

#6) He considers short-term trading gambling


This brings us back to the question: "Why are all the billionaires fundamental traders and not wave traders?" I'll add that fundamental traders are not long-term investors, nor are they fundamental analysts. It appears to me that Martin Schwartz is a fundamental trader.
+1 Reply
Dguaman
2 months ago
Damn SL hit.. but just a few pips... ! lets get some from other pair :D
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jasonlwc
2 months ago
Even though this trade failed but still I have gained from previous Jack's analysis, don't worry and keep on the good work Jack! Thanks a lot, dude...
+2 Reply
PhilippeRitchot
2 months ago
Hey jack, does that mean you're not looking for shorts on the pair anymore? Or are you waiting for 1.135 to short again?
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tntsunrise TOP PhilippeRitchot
2 months ago
not really. i am going to look for a re-enter
+1 Reply
ahmetnmsl tntsunrise
2 months ago
why 1.1239, Jack ? Does this level coincide with an fibo level ?
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ahmetnmsl ahmetnmsl
2 months ago
Probably it is the previous support level.. ok got it..
+1 Reply
habibzafari14
2 months ago
I think it will not pullback
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luthfi.zain
2 months ago
And I thought you are on a vacation jack :D
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KaKeungChoi PRO
2 months ago
not yet. a correction back up could occur at this level.
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Bob_B_Northman
2 months ago
excellent Jack
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Bob_B_Northman
2 months ago
thanks for all videos i watched on your youtube
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tntsunrise TOP Bob_B_Northman
2 months ago
welcome
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ahmetnmsl
2 months ago
Are You in, Jack ?
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Calamity ahmetnmsl
2 months ago
I just shorted now , it seems good entry point after the usd drop just now.
+1 Reply
Calamity Calamity
2 months ago
1.1260
+1 Reply
tntsunrise TOP ahmetnmsl
2 months ago
YEAH
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Calamity
2 months ago
usd index just confirmed its uptrend again, good job jack.
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newwarez2
2 months ago
What is the stop loss for the re-enter?
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tntsunrise TOP newwarez2
2 months ago
above the pin
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jenapoles
2 months ago
hey jack, do we use same TP and SL? thanks!
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tntsunrise TOP jenapoles
2 months ago
TP IS THE SAME
+2 Reply
jenapoles tntsunrise
2 months ago
thank you Jack!
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prince125700
2 months ago
what should b SL?
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tntsunrise TOP prince125700
2 months ago
let me teach u one time for all, above the pin
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forexmech
2 months ago
Thnaks Jack
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SumathiDenward
2 months ago
hey jack its right way of drawing Fibonacci just wanna know from u for clarification from swing low to ur swing high right
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Rocketman PRO SumathiDenward
2 months ago
Jack draws it correctly. You have to play around with the Tradingview features because it is not the same as MetaTrader.
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SumathiDenward Rocketman
2 months ago
all right thank you .
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tntsunrise TOP SumathiDenward
2 months ago
uptrend, u draw from swing low to swing high
downtrend, u draw from swing high to swing low
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SumathiDenward tntsunrise
2 months ago
thanks jack i need to work on certain modification in trading view .
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nhanpt62
2 months ago
EURUSD

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Gbprider
2 months ago
shorting eur/usd is risky i m long this pair with lot2
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AmmenLee Gbprider
2 months ago
hows that working out? what are you SL's?
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tntsunrise TOP Gbprider
2 months ago
ok. good luck to u . I already take some profit
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Rocketman PRO tntsunrise
2 months ago
Ride that dollar bull cowboy! Hee-Haw!!!
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Rocketman PRO
2 months ago
Maybe it will go to 109 next week's fed rate decision whether or not rates are raised.
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ArtFly
2 months ago
You publish perfect Trade at the moment of 1.12415, indicating that you did already short 1.12779. How many pips less? That is many times that you published perfect trade not at the time of entry. Don't you that it is a manipulation?
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livethedream ArtFly
2 months ago
before criticising...read all the posts by jack on this trade...the stop was hit initially so after a pullback and a pin bar he re-entered short
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ArtFly livethedream
2 months ago
I have a right to criticism because I see it's not the first time . You can spiers in what you want in European culture is called manipulation, can the Chinese call it differently....one possibility evaluation
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ArtFly livethedream
2 months ago
I have seen also many perfect trades published by Mr. TNT, but some are as written. Everyone has eyes and can judge as he wants.
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livethedream ArtFly
2 months ago
there are many non perfect too...you just need to read the full commentary before you comment :)
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Thet
2 months ago
Thank you , Jack. I got some profit.
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happyluckydog
2 months ago
you are wonderful. light up the profit path! great master! thanks again!!!
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happyluckydog happyluckydog
2 months ago

will it retest 0.8000? hope luck come true.
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happyluckydog happyluckydog
2 months ago
I think I may take some profit on monday.


remain let it run. thanks.
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happyluckydog happyluckydog
2 months ago








BTY, thanks for your course notes and instruction.
they are really helpful.


thanks.





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Juliuszen
2 months ago
re-enter on thursday. and it is a solid win. It recovered stop loss made on wednesday, and some money on hand after taking partial profit. Thanks jack, again.
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tntsunrise TOP Juliuszen
2 months ago
that's great. juliuszen
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derby
2 months ago
very nice re-entry!
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MindTrader
2 months ago
EURUSD
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SungPLM
2 months ago
that's how a good trader react lost his trade but still come out in profit
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tntsunrise TOP SungPLM
2 months ago
tks
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piptamil
2 months ago
Great....
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jpctop
2 months ago
Lost 2 times on EUR USD /
I do not understand or you have placed your stop the second time? Thank you
I placed it on the highest wave Dow, which was stoped late Weeks
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tntsunrise TOP jpctop
2 months ago
if you measure the fib level, u will place ur stop loss above the 0.618
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jpctop tntsunrise
2 months ago
Thank you for your reply!
Yet I have set my stop above this level 0.618 :
EURUSD

The fib placement is correct?
Big thank!
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jpctop jpctop
2 months ago
Sorry !!
It's not my graphics!
here it is
https://www.tradingview.com/chart/t2Ua8EyN/
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j_amui
2 months ago
Thanks TNT. But I have a problem with receiving your ideas into my mail box. I use to receive your ideas into my mail box and check it. However, in recent time, I get the notification but the idea does not get into my mail. Is there any problem with trading view? How can I continue receiving your idea into my mail after the notofication. Thanks
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tntsunrise TOP j_amui
2 months ago
sry. maybe u should contact tradingview yah.
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j_amui tntsunrise
2 months ago
Thanks Jack
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Marvin
2 months ago
Good stuff Jacko!
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FarEast
2 months ago
Wonderful work! We made it again... Thankyou, Sir
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AlMak
2 months ago

you are at an altitude of
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CezaryS
2 months ago
yes, I am from1.12376 and 1,11883, thank you. Do you think is good idea to move SL to 1,11850?
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xerof
2 months ago
Thank you !
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rohita77
2 months ago
Thanks!. Used /M6E with entry at a1.1223 and exi t at 1.1165. So made a small profit of $80
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Calamity
2 months ago
Jack, where is the take profit 3 !!!
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tntsunrise TOP Calamity
2 months ago
i dun know. depends on the FOMC Meeting
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Calamity tntsunrise
2 months ago
will you stay up and watch the live meeting, or you just review it next day?
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xiaocheung3
2 months ago
Good work Jack
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Dguaman
2 months ago
I think that we can re-enter :D
Reply
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