System Messages

This forum is for members of the Apiary Investment Fund. To learn more about how to get involved,
sign up now for a 14 day free trial or fill out the form below and preview the training right now!

DIRECTION LT OF EUR/USD 4H

 
Back to Forums
 
 
Elijah

DIRECTION LT OF EUR/USD 4H

I am bullish on this one LT,  thoughts?  Chart attached.

AttachmentSize
EURUSDecnH4_8_15_LAST.png63.92 KB
Mon, 08/15/2016 - 3:08pm
 
billhart44

Hello Elijah, I am new here at Apiary so I don't know the trade rules yet but the H4 chart to me is bullish. However I like to get in the trade on a pull back to the support area to go long.

 
billhart44

I think I attached the eurusd file ok!

2016-08-15_1303.png
 
Elijah

nice chart thanks for sharing Bill, I too like this one long at support 1.1150 resistance is at 1.1200 and 1.1220/30 I suspect we will bounce off 1.1200 area even 1.1220 or .30 even several times before breaking through higher, then it should move up fast. I am not shorting this one, not even off of 1.1200 a great spot to hammer it a few times with some rapid fire orders hahah havent done that in a while, have not tested the speed of the new alveo beta on 1000ms orders. this one typically just doesnt move enough or to fast for me, it tends to be boring, but I think maybe with the apiary spreads once I get my live account and can scalp em for 2-5 pips all day @ $10 a pip eh easy $?

 
darren196696

buy coming up

 
darren196696

told you lets go baby

 
Elijah

SQR this one up now, just flipped to short with a fat one!

 
Elijah

hahaha in alveo shorted EUR/USD on accident heh! was trying to short AUD/USD but EUR is a good short here at 1.1240 ish for a few pips with a tight Sl at 1.1251

 
Elijah

and of course I closed that .4 short for a few pips of profit before the run back up. How far will it go up? 1.1425 is my target, will run back down into new support @ 1.1230 which is BTW 61.8% :) then you may as well strap yourselves in for the ride up to 1.14

see old weekly chart attched

EUR_WEEKLY_NEW.png
 
Elijah

and the 5M showing 61.8

EURUSDecnM5_NEWEST.png
 
Elijah

adding longs here @ 1.1260 adding a few more as it heads back down to bounce off of 1.1230, so I should have 4 for the ride up. had to get one here as it may not come all the way back down to 1.1230