Attachments: Only EURUSD

Only EURUSD

#1,081
May 24, 2024 8:15am May 24, 2024 8:15am

Fxgfitking
Joined Apr 2024 | Status: Trading | 848 Posts

Quoting Js3mwtRc

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{quote} All green, you are a human sniper! Well done, happy weekend!

Ignored

Thank you bro - couldn't have done it as well without your daily analyses

That's why I also try to share mine. I will be here watching to see what it does & get ready for next week. Monday & Tuesday will most likely be consolidating days with not much movement because of holiday, but I could be wrong.

If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.

#1,082
May 24, 2024 9:50am May 24, 2024 9:50am

ahmerjamil
Joined Jan 2024 | Status: Nothing | 3,717 Posts

Quoting ahmerjamil

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{quote}H4:{image}

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Taped, Now let's see how the react...

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Stop Procrastinating

#1,083
Edited 12:50pm May 24, 2024 11:33am | Edited 12:50pm

Fxgfitking
Joined Apr 2024 | Status: Trading | 848 Posts

Quoting ahmerjamil

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{quote} Taped, Now let's see how the react... {image}

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It will come down a bit after tapping & I see it coming down a bit more as the week starts. However think about how many short positions will open if it taps and it looks like a rejection? We are still on a bullish trend on higher time frames. If I was them I would make today look like a rejection prior to the week ending. Everyone will come ready to open shorts on Monday. You go down a little maybe back to 1.083 & then go back up. I would be way more convinced if we can close at 1.0833 - 1.08430 today. We've maintained 1.085 all day almost no movement. As I measure FIB I wouldn't be surpised if this aims for 1.09-1.10 before a major drop. No one is also expecting it to go up as much, which means more profits for them.. Again I could be wrong. I trade as I evaluate - but recently trying to make sense of EURUSD hasn't worked. Data yesterday & today came in favor for the USD & it has done nothing really. It's still being manipulated up in my opinion before distribution down.

P.S. I posted some of my trades today so you can see I am winning trades & & ending in profits not just giving random analyses lol I spend a lot of time creating different scenarios & act as it unfolds. Unfortunately the many people I know where going short yesterday, but I went long at 1.08075 because it only made sense. I tried not to complicate it. Clearly before it went up it had a dive that may have confused traders into thinking short.

Remember & I am not here to give training advice or whatever - I get trades wrong just like anyone. However for the most part it's YOU VS THEM. So why do you think that most of the the trades goes opposite of what you think? Well.... because they calculate a % of what are the chances of you thinking the trade will go that way.... & just when you think you know it all.... yep... you lost a lot... been there & done that.

If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.

#1,084
May 24, 2024 11:47am May 24, 2024 11:47am

SmallGains
Joined Apr 2024 | Status: Trader | 762 Posts

Quoting Fxgfitking

Disliked

{quote} It will come down a bit after tapping & I see it coming down a bit more as the week starts. However think about how many short positions will open if it taps and it looks like a rejection? We are still on a bullish trend on higher time frames. If I was them I would make today look like a rejection prior to the week ending. Everyone will come ready to open shorts on Monday. You go down a little maybe back to 1.083 & then go back up. I would be way more convinced if we can close at 1.0833 & max at 1.08430, we've maintained 1.085 all day almost...

Ignored

Yea i think its just going to be scalps with quick 10 to 20$ wins from here on out. Nothings what it's supposed to be.

#1,085
May 24, 2024 1:56pm May 24, 2024 1:56pm

ZenNy
Joined Jul 2016 | Status: Trader | 3,318 Posts

Quoting Js3mwtRc

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{quote} What timeframe?

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60m

trading is simple but is simple is not easy.

#1,086
May 25, 2024 12:10am May 25, 2024 12:10am

ahmerjamil
Joined Jan 2024 | Status: Nothing | 3,717 Posts

Have a happy & wonderful weekend, Buddies!

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Stop Procrastinating

#1,087
Edited 5:14pm May 25, 2024 5:01pm | Edited 5:14pm

SmallGains
Joined Apr 2024 | Status: Trader | 762 Posts

Quoting Fxgfitking

Disliked

{quote} It will come down a bit after tapping & I see it coming down a bit more as the week starts. However think about how many short positions will open if it taps and it looks like a rejection? We are still on a bullish trend on higher time frames. If I was them I would make today look like a rejection prior to the week ending. Everyone will come ready to open shorts on Monday. You go down a little maybe back to 1.083 & then go back up. I would be way more convinced if we can close at 1.0833 - 1.08430 today. We've maintained 1.085 all day almost...

Ignored

Check it out. Dont know if something like this is even possible. Could just as easy leg down break resistance instead of up. If rate cuts start in june maybe second chart look.

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#1,088
May 26, 2024 4:38am May 26, 2024 4:38am

ahmerjamil
Joined Jan 2024 | Status: Nothing | 3,717 Posts

Hi, Good evening guys!

Don't forget this ABCD pattern...

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Supports: 1.0844,32
Resistance: 1.0915,50

For now, enjoy your weekend!

Stop Procrastinating

#1,089
May 26, 2024 5:25am May 26, 2024 5:25am

joshontrenn
| Joined May 2024 | Status: Trader | 1 Post

Quoting SmallGains

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{quote} Check it out. Dont know if something like this is even possible. Could just as easy leg down break resistance instead of up. If rate cuts start in june maybe second chart look. {image} {image}

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Where would you enter then? I'm kinda looking for someone to help me with trades.

#1,090
May 26, 2024 9:43am May 26, 2024 9:43am

Fxgfitking
Joined Apr 2024 | Status: Trading | 848 Posts

Quoting joshontrenn

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{quote} Where would you enter then? I'm kinda looking for someone to help me with trades.

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You're going to get all different kinds of responses because people here trade with different strategies, timeframes, and goals. It all depends on your strategy & what you want to accomplish with the trade. Plus I wouldn't leave up to someone telling me where to enter. You should work on finding entries that you feel confident about. Cheers! posting my analyses soon.

If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.

#1,091
May 26, 2024 10:01am May 26, 2024 10:01am

zion1948
| Joined May 2018 | Status: Trader | 22 Posts

Quoting joshontrenn

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{quote} Where would you enter then? I'm kinda looking for someone to help me with trades.

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you will most likely soon lose all your money.

#1,092
Edited 11:04am May 26, 2024 10:53am | Edited 11:04am

Fxgfitking
Joined Apr 2024 | Status: Trading | 848 Posts

Hey Guys! Hope you have had an amazing weekend. I am excited it's Sunday & the market opens at 5PM. However not excited about the USD being on a bank holiday... That means a very slow day most likely. I expect Monday to be a slow consolidating day & Tuesday a little more traction. However we never know. I do think we might move in the general target direction even though slow movement.

We finished Friday with a strong bullish push. I have remained long term bullish now for a few weeks, but that can change at any moment. We have a daily Pivot Point at 1.08476 & Daily Resistance was at 1.08338. We broke right through that, but closed under the pivot point. Daily Candle was extremely BULLISH. I still see an upside bullish trend unless bears come in and aggressively take it back down. Looking at the past - it has happened. We've had extremely Bullish Candles - That then got taken out & the major drop began.

Now That I gave my daily analyses, here is my H4 analyses. We went up back above the 23% FIB Retracement measuring from the initial turn around point at 1.060. That 23% FIBB Point lands on 1.08250. As I looked for patterns I found possibly an H4 Inverted Head & Shoulders. A retracement back to 1.08250 would make this a perfect head & shoulders, but it can go back up before that point, or it can continue down.

I have my eyes watching 1.08435 H4 Pivot Point as Bulls fought to remain above it. I also a M30 Pivot point as another good support which is at 1.08375 Followed by the 23% FIB at 1.08250.

If it falls below 1.08200 I would like to think that bears have regained control & can then aim for 38% FIB at 1.078-79.

I would assume bulls will let it fall a bit starting today, but if bulls come right in & make it go up today & tomorrow, I would be a little more concerned because this would mean to me it's most likely getting ready to make a turnaround back down soon. ( or maybe it did that Friday

)

I have these as my ultimate target for bulls at 1.092, 1.096, 1.108

Current Strong Support at 1.08250 & Current Strong Resistance 1.089 on H4.

Top Trend Line Support: 1.08400
Bottom Trend Line Support: 1.08050-1.08075

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