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  • Post #143,761
  • Quote
  • Jan 6, 2022 3:45am Jan 6, 2022 3:45am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,066 Posts
Morning Sulai45! Well that was fast ! My 1323 got stopped out +20. Well done bulls!!!
Just sold again 1298 ! SL starting at 1310
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #143,762
  • Quote
  • Jan 6, 2022 4:28am Jan 6, 2022 4:28am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,066 Posts
Closed my above short a bit early -9, bulls brought it back into the range too much and prior to big news, better to wait now.
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #143,763
  • Quote
  • Jan 6, 2022 4:44am Jan 6, 2022 4:44am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,143 Posts
Meanwhile on H1...

Just indecision these days... Market needs more volume, which is not present at the moment.. Zzzzzzzz.....

*1.1288 is still key support for bulls..
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Be a seer, not a looker!
 
6
  • Post #143,764
  • Quote
  • Jan 6, 2022 5:36am Jan 6, 2022 5:36am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,066 Posts
ready to get back in sold here 1318, now I suspect it is ranging and this is new high !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #143,765
  • Quote
  • Jan 6, 2022 6:59am Jan 6, 2022 6:59am
  •  r.d
  • | Joined Dec 2018 | Status: Member | 24 Posts
I was long at 1.1305 and 1.1311. I closed it at 1.1326.
i am waiting for a new order. Maybe long when the price looks promising.
 
1
  • Post #143,766
  • Quote
  • Jan 6, 2022 8:29am Jan 6, 2022 8:29am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,066 Posts
Microscopic doubletop at 1320s resistance : have to tighten SL of
Quoting mtako
Disliked
ready to get back in sold here 1318, now I suspect it is ranging and this is new high !
Ignored
at 1328 and at BE if.1300 is hit again.
Will reenter if returns from above 1330, and as long as no 1H candle closes above 1326; need to keep it tight Bears, or Im out !

1288 sell stop(shared earlier) is cancelled.

Maybe an infinite number of BEs will I have soon! Don't worry, I will not share more of them today .
BE(break-evens) dancing time since I am happy with my day's hard earned +21 +20 -9(live shared above), and since it is sometimes worth it to hang on a little longer in case there is a decent and steady shift down or even a real break out...Ok, enough silliness.

As long as the risk is lower than the already accumulated gains of the trading period, and that there is a speck of potential for this type of tight trading, Break-evens Break-evens Break-evens we go! But not only...
Indeed, MM is in a way everythingggggg

Let's see ! And with that, probably calling it a day. Take good care everyone and wishing you the very best as always !
Or I see you after the big news, after the broken pips dust settles. Nap time now !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #143,767
  • Quote
  • Jan 6, 2022 8:59am Jan 6, 2022 8:59am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 998 Posts
Falling wedge forming on upper downward sloping support (H4).

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Another day, another dollar.
 
 
  • Post #143,768
  • Quote
  • Jan 6, 2022 9:11am Jan 6, 2022 9:11am
  •  slowsteady
  • Joined Sep 2021 | Status: Member | 95 Posts
Maybe we get a chance to sell
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PA shows the way.
 
1
  • Post #143,769
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  • Jan 6, 2022 9:21am Jan 6, 2022 9:21am
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
Pay attention to the weekly Stoch perking up.
Once it loses the embedding the market's gonna rip to the 21 EMA @ 1.1480

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  • Post #143,770
  • Quote
  • Jan 6, 2022 10:59am Jan 6, 2022 10:59am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,066 Posts
Final update and good night folks !

1H closing under 1326 to keep that hard earned bears momentum, still has much potential but I need to call it a night !

Quoting mtako
Disliked
.. tighten SL of{quote}at 1328 and at BE if.1300 is hit again. Will reenter if returns from above 1330, and as long as no 1H candle closes above 1326..!
Ignored
Closed it here 1298 for +20, previous 1318 got stopped out -10, so +21+20-9-10+20 for today. Thank you bears !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #143,771
  • Quote
  • Jan 6, 2022 11:05am Jan 6, 2022 11:05am
  •  james1254
  • | Joined Sep 2015 | Status: Member | 1,232 Posts
It's still stuck in the range. I am starting to lose hope there will be a breakout by the time the market closes tomorrow.
 
 
  • Post #143,772
  • Quote
  • Jan 6, 2022 12:53pm Jan 6, 2022 12:53pm
  •  RCtrader
  • Joined Aug 2018 | Status: Honourable Member | 1,605 Posts
Quoting james1254
Disliked
It's still stuck in the range. I am starting to lose hope there will be a breakout by the time the market closes tomorrow.
Ignored
Usually, before big events, there is market uncertainty. NFP is going to bring the breakout either up or down.
Risk Management is of utmost importance!
 
 
  • Post #143,773
  • Quote
  • Jan 6, 2022 1:22pm Jan 6, 2022 1:22pm
  •  AhmadHassan6
  • Joined Jan 2015 | Status: Member | 135 Posts
Quoting slowsteady
Disliked
Maybe we get a chance to sell {image}
Ignored
May be..!
But I am already in Sell (SL moved to BE)
A similar view
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Ahmad Hassan
 
 
  • Post #143,774
  • Quote
  • Jan 6, 2022 3:01pm Jan 6, 2022 3:01pm
  •  slowsteady
  • Joined Sep 2021 | Status: Member | 95 Posts
Quoting AhmadHassan6
Disliked
{quote} May be..! But I am already in Sell (SL moved to BE) A similar view {image}
Ignored
yes, I think momentum is on your side, and we are seeing new supply(s) being created. most likely price may just drop without retrace. Good trade there!
PA shows the way.
 
2
  • Post #143,775
  • Quote
  • Edited Jan 7, 2022 3:44am Jan 6, 2022 3:57pm | Edited Jan 7, 2022 3:44am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,143 Posts
Quick Outlook for Next Week

If this week can close above 1.1248, next week could also work in favor of bulls.. Along the falling wedge we are in, bulls might have a chance to push this up as long as they can keep it above the median line of this narrowing bearish channel..

My two cents
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5
  • Post #143,776
  • Quote
  • Jan 7, 2022 1:03am Jan 7, 2022 1:03am
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
With bear config, bear phase, negative money flow the market is making zero downside progress.

At the 1.137x high the price would be om the other side of the E44BB. Not seen since early Sept. Squeeze is on.
 
 
  • Post #143,777
  • Quote
  • Jan 7, 2022 3:58am Jan 7, 2022 3:58am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,143 Posts
Meanwhile, on H1...

Snail tempo pressure... Let's see if bulls can explode the gates of 1.1308/18..
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Be a seer, not a looker!
 
2
  • Post #143,778
  • Quote
  • Jan 7, 2022 4:05am Jan 7, 2022 4:05am
  •  sulai45
  • | Joined Jul 2016 | Status: Member | 475 Posts
Good morning everyone, hope you're doing great. I think 1.1315 could be a good resistance for the bears today. Noting that NF hasn't been released yet lol.
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1
  • Post #143,779
  • Quote
  • Jan 7, 2022 7:30am Jan 7, 2022 7:30am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,387 Posts
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  • Post #143,780
  • Quote
  • Jan 7, 2022 8:13am Jan 7, 2022 8:13am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 1,580 Posts
I'm expecting a divergence to form at one of these levels and then a MOVE to the downside for a NEW LOW of the week to form today on the NFP news driver.
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