from level to level - you need mental strength to reach the summit
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Disliked{quote} We have some Jimmy Buffet fans in here? This level mining is making me hungry... https://www.youtube.com/watch?v=OJi4bln-hHQIgnored
Disliked{quote} Been looking at this level too. It's not the most golden, so consider the 1.1200 right below it, esp. if it lines up with the 200 MA. Certainly a scalping candidate. Lots of USD fundamental news coming up in a few mins and the level is not close enough to take a position beforehand. Wait and see mode. Q {image}Ignored
Disliked{quote} EURUSD: it's close now and looks preparing for the jump up, MA200 is there and some other factors too. GBPUSD: a nice bounce in blue box from Fib-62 was missed on Monday. Now it's close to a good level at 1.4170 in green box to bounce up: MA200, Fib-50 and might be in sync with EU pair. Sorry, Quinton, more misses with your method so far There should be a team of watchers responsible for particular pairs, otherwise this mining takes too much time and there is no focus. Hopefully the tools which you promised will help with that. {image}...Ignored
DislikedOut of topic RISK/REWARD I think the most important thing for trading is the R:R ,like Q posted in post 1, maybe someone helps this chart its just an example. Before entering I look for R:R , ever with sl and tp. You see here if the setup gives you an entry @ 0.9850 where the sl is and where your reward must be - tp - 1:1 is the absolutely minimum ,better more , its visible where the trade has to go and if its possible. and if you look at the timeline , there is an idea how long it could take to reach the summit - tp - {image} maybe this helps,...Ignored
DislikedEUR/CHF Not the highest grade level. However it will be interesting to see how price behaves around 1.0911 w/ 61.8 and H4 MAs in play. Short-term PA on the M5 would be absolutely key here to take a position. Also consider the fact that we are currently in a range with strong bullish candles on H4. {image}Ignored
DislikedGold form 1971 until now i wait gold in 770$ http://uupload.ir/files/c9ac_gold_950126.pngIgnored
DislikedUSD/CAD Let's see if we can't put some of the downward momentum to good use. Enter shorts around 1.3016 - 1.3280 right beyond 1.3000 for a safer entry in case momentum bursts up. Not seeing any confl. factors that would line up if price reaches level sooner than later. {image}Ignored
DislikedEUR/USD Since a few of you already posted similar level, I do a bit of an update/summary. Although these are not the absolute purest golden levels, one of these is likely to cause price to respond. H4 200 MA is already causing a small bounce, and therefore will not line up with the first level. Simple 200 MA could line up with the lower level @ 1.1840 (which could be drawn a bit deeper into the small cup for a more conservative long entry like Hpt had it). But careful with this one. Technically we are back in the range. {image}Ignored
Disliked{quote} Looks like EURUSD and GBPUSD are bottoming at the moment? H1 PA looks bullish, current not finished H4 candle is bullish too, GPB bank rate in 2 hours may confirm the reverse 1.1265 is important level for EU which is 2015 year mid-price (H+L)/2, yesterday and today it works as S&R level and at the moment price is back above it.Ignored