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  • Post #127,261
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  • Feb 23, 2021 8:18am Feb 23, 2021 8:18am
  •  corongumet
  • Joined Dec 2018 | Status: Trading For Living | 862 Posts | Invisible
Quoting corongumet
Disliked
{quote} Edited: Sell limit @1.21973 SL 50 pips (4 digits) TP 1.16022 (longterm) Disc on.
Ignored
If price break 1.21249 i will delete it, wait and see
Learn and Learning
  • Post #127,262
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  • Feb 23, 2021 8:19am Feb 23, 2021 8:19am
  •  Fahiz
  • | Joined Sep 2020 | Status: Member | 18 Posts
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  • Post #127,263
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  • Feb 23, 2021 8:24am Feb 23, 2021 8:24am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 2,578 Posts
1hr close above 1.2154 is more bullishness to 1.2166 - 1.2177.

Dxy no 1hr closes below 90.17
  • Post #127,264
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  • Edited at 8:52am Feb 23, 2021 8:34am | Edited at 8:52am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 1,470 Posts | Online Now
Quoting JeromePowell
Disliked
So we had this inverse H&S pattern, featured on various news websites. On 4H chart one can see the false break of the neckline and 4HR bearish outside bar. Seems like longs are trapped and eurusd might go lower. {image}
Ignored
The larger TF H&S patterns on Euro rarely if ever behave in a 'textbook' way I find, IE break neckline, retest neckline, complete. It's pretty good for an early indication of the ultimate direction but I find you can't get reliable entries from them. This one will eventually come good I think but you've no chance getting a good entry/stoploss on it. On a side note, we're lucky to have Jerome Powell squeezing in an FF post before testifying

Re-entered long on the pivot with stop at BE but I feel it might make another dash down before up. Either that or EU totally tricked me, would not be the first time
1
  • Post #127,265
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  • Feb 23, 2021 8:38am Feb 23, 2021 8:38am
  •  bigiivan
  • Joined Jun 2018 | Status: Brother | 2,979 Posts | Online Now
Sell EU at 1,2140.
"I feel strong because I am bul..."
Dow
  • Post #127,266
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  • Feb 23, 2021 8:46am Feb 23, 2021 8:46am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 2,578 Posts
Quoting bigiivan
Disliked
Sell EU at 1,2140.
Ignored
IMO, Better wait for the US open or DXY 4hr to close.
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  • Post #127,267
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  • Edited at 9:43am Feb 23, 2021 8:49am | Edited at 9:43am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2,166 Posts
Quoting bigiivan
Disliked
Sell EU at 1,2140.
Ignored
Any reason why?
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  • Post #127,268
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  • Feb 23, 2021 9:00am Feb 23, 2021 9:00am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 2,578 Posts
If the bears are true, retest of 1.2166 - 1.2174 is inevitable.
1
  • Post #127,269
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  • Feb 23, 2021 9:25am Feb 23, 2021 9:25am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 2,578 Posts
Two '' M '' Patterns with variations.
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  • Post #127,270
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  • Feb 23, 2021 9:35am Feb 23, 2021 9:35am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 15,214 Posts
If any M15 candle closes below 1.2143 I switch to selling.. Otherwise keep buying dips..
Be a seer, not a looker!
3
  • Post #127,271
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  • Feb 23, 2021 9:45am Feb 23, 2021 9:45am
  •  Kyuu
  • | Joined Dec 2020 | Status: Member | 317 Posts | Online Now
Quoting Ata-Turkoglu
Disliked
If any M15 candle closes below 1.2143 I switch to selling.. Otherwise keep buying dips..
Ignored
This candle closed below, I've been short but where do you plan on selling? What's your nearest resistance? Also news comes in 15 minutes
1
  • Post #127,272
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  • Feb 23, 2021 9:56am Feb 23, 2021 9:56am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 15,214 Posts
Quoting Kyuu
Disliked
{quote} This candle closed below, I've been short but where do you plan on selling? What's your nearest resistance? Also news comes in 15 minutes
Ignored
Based on M15, 1.2143 is my current aggressive sell level.. *I don't give a damn about news..
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Be a seer, not a looker!
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  • Post #127,273
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  • Feb 23, 2021 10:01am Feb 23, 2021 10:01am
  •  Kyuu
  • | Joined Dec 2020 | Status: Member | 317 Posts | Online Now
Quoting Ata-Turkoglu
Disliked
{quote} Based on M15, 1.2143 is my current aggressive sell level.. *I don't give a damn about news.. {image}
Ignored
Yeah me neither, but sometimes I get stopped in a correct trade before news because they mess with the market but lately, the market has already accumulated by then and just shoots in the right direction. What's your stop if you get triggered in the trade? Goodluck

Edit: If you sold, I'd assume you are entered now
  • Post #127,274
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  • Feb 23, 2021 10:02am Feb 23, 2021 10:02am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 1,470 Posts | Online Now
Quoting mysterio
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{quote} Watching DXY retest a 4h TL soon too.
Ignored
So, this is done, either it's straight bull from here on Euro or I have to rethink !
  • Post #127,275
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  • Feb 23, 2021 10:04am Feb 23, 2021 10:04am
  •  Kyuu
  • | Joined Dec 2020 | Status: Member | 317 Posts | Online Now
Quoting mysterio
Disliked
{quote} So, this is done, either it's straight bull from here on Euro or I have to rethink !
Ignored
I agree with you but also a potential straight bear with a pullback. Regardless, we should see a powerful move in either direction over the next couple 4 hour candles
  • Post #127,276
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  • Feb 23, 2021 10:04am Feb 23, 2021 10:04am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 15,214 Posts
Quoting Kyuu
Disliked
{quote} Yeah me neither, but sometimes I get stopped in a correct trade before news because they mess with the market but lately, the market has already accumulated by then and just shoots in the right direction. What's your stop if you get triggered in the trade? Goodluck Edit: If you sold, I'd assume you are entered now
Ignored
My mental stop is at 1.2162..
Be a seer, not a looker!
  • Post #127,277
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  • Feb 23, 2021 10:12am Feb 23, 2021 10:12am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 1,470 Posts | Online Now
Quoting Kyuu
Disliked
{quote} I agree with you but also a potential straight bear with a pullback. Regardless, we should see a powerful move in either direction over the next couple 4 hour candles
Ignored
Yea true. I'm piecing together other parts, like bull wave 3, overall long term trend, H&S, triangle breakout, COT, triangle/fib retrace etc. But yea i'm trading very carefully as the more obvious something seems to me, the more lax I tend to get! The daily supply we're at is the main thing i'm worried about.. going to need a lot of bull power.
  • Post #127,278
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  • Feb 23, 2021 10:12am Feb 23, 2021 10:12am
  •  Fxtrader0
  • | Joined Oct 2020 | Status: Member | 13 Posts
Quoting Traderview
Disliked
Two '' M '' Patterns with variations. {image} {image}
Ignored
hello dear.
where do you think the short transaction should be taken again?
  • Post #127,279
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  • Feb 23, 2021 10:13am Feb 23, 2021 10:13am
  •  Kyuu
  • | Joined Dec 2020 | Status: Member | 317 Posts | Online Now
Quoting Ata-Turkoglu
Disliked
{quote} My mental stop is at 1.2162..
Ignored
That's hilarious, that's exactly to the pip where I have my stop for no apparent reason haha. I moved mine up now to 1.2165 just in case
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  • Post #127,280
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  • Feb 23, 2021 10:27am Feb 23, 2021 10:27am
  •  eurusd-thijs
  • | Joined Jul 2020 | Status: Member | 79 Posts
As so often:
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