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EURUSD only

  • #200,661
  • Aug 1, 2024 2:28am Aug 1, 2024 2:28am
Quoting Ata-Turkoglu
Anyone who opens the weekly can foresee a big fall. Nothing mysterious there BUT: "ONLY IF" bears can force price below 1.0802 for starters... Because that is not enough. They also have to break below 1.0713 (i.e.: break out from triangle) Don't rush.. step by step... 1.0802 is not broken yet! Once it does, we can talk about the big void! {image}
It has become part of my daily trading routine to check your chart, Mr. Atta. I wish you continued success and dedication.
Successful trading is knowing yourself, not the market.
demo5 All Time Return: 177.6%
  • #200,662
  • Aug 1, 2024 2:59am Aug 1, 2024 2:59am
Quoting naseyllc
{quote} It has become part of my daily trading routine to check your chart, Mr. Atta. I wish you continued success and dedication.
Thanks for the feedback.. I am happy if it helps...

Best wishes
Focus only on what truly matters!
  • #200,663
  • Aug 1, 2024 3:01am Aug 1, 2024 3:01am
Quoting Ata-Turkoglu
{quote} Thanks for the feedback.. I am happy if it helps... Best wishes
Same here I wait daily for London open for your post before trading
  • #200,664
  • Aug 1, 2024 3:04am Aug 1, 2024 3:04am
1.078 atleast
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240801_130550.jpg Size: 685 KB
  • #200,665
  • Edited 3:28am Aug 1, 2024 3:10am | Edited 3:28am
Bear forces did well.. We arrived at AB=CD on H1...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 20 KB
Focus only on what truly matters!
  • #200,666
  • Aug 1, 2024 3:25am Aug 1, 2024 3:25am
According to FOMC, dollar was supposed to get weak but it is getting stronger these fundamentals made me miss a big sell chance
  • #200,667
  • Aug 1, 2024 3:25am Aug 1, 2024 3:25am
Quoting Ata-Turkoglu
Bear forces did well.. We arrived at AB=CD on H1...
What does it mean AB=CD, sorry for my ignorance.
  • #200,668
  • Aug 1, 2024 3:26am Aug 1, 2024 3:26am
Quoting Niffler2024
Personally..... holding below the green area is key for further downside Enjoy your weekend folks! {image}
Starting to look for entries on Long positions from 1.078xx

Looking to exit Shorts from 1.094xx
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #200,669
  • Aug 1, 2024 3:29am Aug 1, 2024 3:29am
Greetings!

EUR/USD analysis on the Weekly Chart suggests that the low for this pair is perhaps around 1.07. On the other hand, some Resistance could be found at 1.093.
So far, the Falling Wedge Pattern continues and the price is respecting both the high and the low.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 11 KB
  • #200,670
  • Aug 1, 2024 3:34am Aug 1, 2024 3:34am
Based on D1, 1.0804 pivotal area was supposed to repel bears, but something fishy is playing out here and we witnessed a very easy slice through...

Careful with shorts, because my MACD is still in a bouncy position! Could bulls turn this by the end of this day? Time will tell...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D1.png Size: 29 KB
Focus only on what truly matters!
  • #200,671
  • Aug 1, 2024 3:49am Aug 1, 2024 3:49am
Quoting rehmatkhan00
According to FOMC, dollar was supposed to get weak but it is getting stronger these fundamentals made me miss a big sell chance
Buy the rumor
Sell the fact
That is a trading strategy on its own
  • #200,672
  • Aug 1, 2024 3:55am Aug 1, 2024 3:55am
Quoting Niffler2024
{quote} Starting to look for entries on Long positions from 1.078xx Looking to exit Shorts from 1.094xx
61.8% retracement of the up move comes in around the 1.0774s
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #200,673
  • Aug 1, 2024 3:58am Aug 1, 2024 3:58am
Quoting Bloodwish
{quote} Buy the rumor Sell the fact That is a trading strategy on its own
He is talking about USD... So the rumor is that USD was supposed to weaken. Fact is that USD is getting stronger.
Therefore if we are speaking in terms of USD, we are actually "buying the fact" (buying USD)... which contradicts with this rule you mentioned..

In other words: F*ck stupid rules that make no sense!

*Jokes aside: The rule you mentioned belongs to stock markets. When you sell a specific stock! Not currencies!
Focus only on what truly matters!
  • #200,674
  • Aug 1, 2024 4:02am Aug 1, 2024 4:02am
Quoting Niffler2024
{quote} 61.8% retracement of the up move comes in around the 1.0774s

Long / Short Bias Today
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 239 KB
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #200,675
  • Aug 1, 2024 4:08am Aug 1, 2024 4:08am
Quoting Ata-Turkoglu
{quote} He is talking about USD... So the rumor is that USD was supposed to weaken. Fact is that USD is getting stronger. Therefore if we are speaking in terms of USD, we are actually "buying the fact" (buying USD)... which contradicts with this rule you mentioned.. In other words: F*ck stupid rules that make no sense! *Jokes aside: The rule you mentioned belongs to stock markets. When you sell a specific stock! Not currencies!
Thanks
I keep learning new things daily
  • #200,676
  • Aug 1, 2024 4:27am Aug 1, 2024 4:27am
Quoting Bloodwish
{quote} Buy the rumor Sell the fact That is a trading strategy on its own
yes brother that's so true and my suggestion is to ignore it completely because most of the time they are misleading.
  • #200,677
  • Aug 1, 2024 4:39am Aug 1, 2024 4:39am
Quoting rehmatkhan00
{quote} yes brother that's so true and my suggestion is to ignore it completely because most of the time they are misleading.
Yesterday, I read the phrase "Euro to the moon," which made me sell and increase my risk when I see a consensus on an upward move. I leave the analysis aside and go in the opposite direction.
Successful trading is knowing yourself, not the market.
demo5 All Time Return: 177.6%
  • #200,678
  • Aug 1, 2024 4:41am Aug 1, 2024 4:41am
Buy Euro for 20 - 25 pips
Holy Betting Grail strategy
  • #200,679
  • Aug 1, 2024 5:05am Aug 1, 2024 5:05am
Quoting Ata-Turkoglu
Anyone who opens the weekly can foresee a big fall. Nothing mysterious there BUT: "ONLY IF" bears can force price below 1.0802 for starters... Because that is not enough. They also have to break below 1.0713 (i.e.: break out from triangle) Don't rush.. step by step... 1.0802 is not broken yet! Once it does, we can talk about the big void! {image}
Hey Ata! I actually posted the same Chart as you and only now I realized that. Sorry! It seems to be the Falling Wedge Pattern and the high and the low is very well respected for now. I am also anticipating that the price will drop to around 1.07.
  • #200,680
  • Aug 1, 2024 5:06am Aug 1, 2024 5:06am
Quoting stradikus
{quote} You ignore the big guys bro. I see you started ignoring mtaco, one hella trader in this forum. Hope your ignorance doesn't lead you to your downfall.
lol - ict is not a big guy, hes a guy that deserves a slap up the head thats all 100% scammer....
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