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Attachments: EURUSD Only
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EURUSD Only

  • Post #1
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  • First Post: Jan 1, 2023 2:16am Jan 1, 2023 2:16am
Thread rules

  1. Nobody will be on my ignore list, [except those requested by thread members as being .... ] but to keep the thread clean, individual members are free to decide whom to ignore.
  2. I will be posting my charts on h4 time frame as I decide my trades for the week based o trend AND important fundamental news events which drive price.
  3. Please no politics, fights or jokes on this thread.

rest is open for thread participants to decide.

Please do not follow the LIVE trades on my charts, read only the trend in charts not the trades. [ because i can be wrong. ]

Indicators on my chart help me guess the trade they do not guarantee result
2022 was a year of high inflation and rising energy costs.

2023 should be a year of stabilization and growth.

 

  1. US GDP Y/Y 1.90
  2. Eero Area GDP Y/Y 2.30

Quote
The Euro Area economy expanded 2.3% year-on-year in the third quarter of 2022, slightly higher than 2.1% in the previous estimates, and below a downwardly revised 4.2% rise in the second quarter. Among the bloc's biggest economies, Germany expanded 1.3%, France 1%, Italy 2.6% and Spain 3.8%. source: EUROSTAT

Quote
The Gross Domestic Product (GDP) in the United States expanded 1.90 percent in the third quarter of 2022 over the same quarter of the previous year. source: U.S. Bureau of Economic Analysis
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Indicators on my chart help me guess the trade they do not guarantee result
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Attached File(s)
File Type: ex4 harmonic.ex4   391 KB | 55 downloads
EU in a slow uptrend on daily
German CPI numbers sometime today will set the trend for this week
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Indicators on my chart help me guess the trade they do not guarantee result
long position taken above week open to begin the week, trend is very weak
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Indicators on my chart help me guess the trade they do not guarantee result
So going against your indicator ??

As it showing weak you are buying
PaRaM
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
{image}
booked
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
{image}
Nice trade setup

how to get MA value at end of chart ??
or can you share template ?
PaRaM
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
{image}
how did u get forexfactory news feed on your chart bro, would you tell us? thanks
Quoting tradealltime
{quote} how did u get forexfactory news feed on your chart bro, would you tell us? thanks
https://www.forexfactory.com/thread/...2#post13689772
Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
{quote} https://www.forexfactory.com/thread/...2#post13689772
Quoting PatienceFx
{image}
exit -4
on hourly candle change the values in relation to previous candle changed
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
{quote} exit -4 on hourly candle change the values in relation to previous candle changed {image}
on h4 628 may decide next trade
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i am only concerned with these 2 values [ in this case bullish trend is decreasing ]
previous current
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Indicators on my chart help me guess the trade they do not guarantee result
added second line to compare trend on 2 time frames

  1. on h1 bearish trend is decreasing
  2. on h4 bullish trend is decreasing

so german trade balance news can throw light

Attached Image (click to enlarge)
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting PatienceFx
added second line to compare trend on 2 time frames on h1 bearish trend is decreasing on h4 bullish trend is decreasing so german trade balance news can throw light {image}
so what is updated chart
PaRaM
Quoting PatienceFx
added second line to compare trend on 2 time frames on h1 bearish trend is decreasing on h4 bullish trend is decreasing so german trade balance news can throw light {image}
yes, this is were we are now - somewhat trapped for the time being, albeit on a downward slope
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Price Target is 1.06622
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Algorithmic Retail Trader
RemyReversal All Time Return: 0.3%
Quoting pgidia
{quote} so what is updated chart
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Indicators on my chart help me guess the trade they do not guarantee result
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