tntsunrise
Long

EURUSD BOTTOM ENTRY

FX:EURUSD   Euro Fx/U.S. Dollar
229 12 16
HEY GUYS. I AM BACK FROM HOLIDAY.

LONG AT 1.3395 THE 0.618 RETRACE AFTER THE
DOULBE BOTTOM IS BUILT.
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
zzfx
2 years ago
nice.
Reply
zzfx
2 years ago
wheres your stop?
Reply
tntsunrise TOP zzfx
2 years ago
BELOW 3365 , 19 PIPS MAYBE
Reply
zzfx
2 years ago
exact.., I see the same thing pop up on my screen...and I suppose your target would scale up t over 1.3480 peak.....
but Just curious,


from a day trading perspective:

isn't it to much to ask for a possible 85 pips range overnight? aren't the odds that you might not succeed to reach the full target kind of against you?
even if we might be positive... isn't it better to just take what is more likely, or perhaps what has high odds of happening? ( like betting that the daily range will have a minimum of 30 pips, today what ever the target?)

When I see a nice pattern like this,.,,.I tend to think too far away...and kind of mess up when in performance. Isn't better to maybe break down this 85 pips range, in perhaps 2 potential trades? And actually lock up gains along the way..? As this move could happen but in a matter of 2 or 3 days....?

I like your style of trading, Thanks for sharing!





Reply
tntsunrise TOP zzfx
2 years ago
thanks for your comment. the reason i put my target there is based on the structure.
and from a daily chart we can see a potential cypher complete at 1.3840 , So i am quite comfortable to aim for a higher target.
Reply
tntsunrise TOP zzfx
2 years ago
EURUSD BIG CYPHER

look at the daily chart and this small time frame set up may give us a perfect point to enter for this big cypher's CD leg
Reply
zzfx tntsunrise
2 years ago
just playing devils advocate....isn't structure down as we speak?...4 hour structure bearish...daily structure down...even weekly... ... isn't this kind of bottom fishing... trying to guess...the low...?

What scale ...move amplitude in terms of price would justify implying The bottom?
80 pips to call a multi day reversal?
Reply
zzfx zzfx
2 years ago
or your betting on the odds that harmonics will show true?
Reply
tntsunrise TOP zzfx
2 years ago
could be. I will long. coz the risk is small, reward is big
Reply
zzfx tntsunrise
2 years ago
makes sense. And that is what really matters. the sequential results of taking distinguished high RR ratio trades and how they pile up. Patterns will show true or false.,,and even close calls... but numbers wont lie.

I think the same way. ready to completely change my mind once the signal goes off! like pavlov
cool stuff thanks!
Reply
tntsunrise TOP zzfx
2 years ago
you are welcome :) good luck!
Reply
tntsunrise TOP zzfx
2 years ago
it is not betting. but just to open the position at a very good risk/reward point. if the bearish continue, stopped me out. i will take it and find anouther trade.
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