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  • Post #145,161
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  • Feb 8, 2022 2:25am Feb 8, 2022 2:25am
  •  oundar
  • | Joined Jun 2012 | Status: Member | 228 Posts
As expected. Bulls will try to keep it up but as I said earlier times you can’t have proper bull trend without corrections. There is no such a thing “one way ticket”.
I don’t know what was the catalyst but if this returns one leg up to 1.1419 - 1.1443 (ma100) area it’s hard to keep for bulls. Next leg for bears opened (just saw it) 1.1401 to 1.1378 if they can manage to near around 1.1401 but very very hard fight here. Good luck all.

just my opinions.
Its not an advice and sorry for grammar.
 
 
  • Post #145,162
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  • Feb 8, 2022 2:32am Feb 8, 2022 2:32am
  •  bpola
  • | Joined Sep 2019 | Status: Member | 165 Posts
Quoting bpola
Disliked
EurUsd should make a major move over the next couple of hours. We will not have to wait long to know who is in charge- bulls or bears. Am long with very tight stop loss.
Ignored
Stopped out.
 
 
  • Post #145,163
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  • Feb 8, 2022 2:43am Feb 8, 2022 2:43am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,396 Posts
Quoting ScalaFX
Disliked
Waiting for this setup, so far so good, Trade safe {image}
Ignored
So far so good
People don't plan to lose. They lose because they don't plan.
 
 
  • Post #145,164
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  • Feb 8, 2022 2:44am Feb 8, 2022 2:44am
  •  sulai45
  • | Joined Jul 2016 | Status: Member | 524 Posts
Good morning, hope all is well. Overall, I think we are in a down trend, but for today, I would like to see 1.1397 as support, lol;
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  • Post #145,165
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  • Feb 8, 2022 3:12am Feb 8, 2022 3:12am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Morning Folks, wishing to all a great trading day, don't let the bears bite !
Quoting mtako
Disliked
I see the slow but steady deadly move in my crystal ball. {image}
Ignored
Well done bears, made me even crazier, lost a couple more and more BEs. Fortunately, getting decent long setups at last, so possibly this is the end of bears adventure. Probably not though, and Ill close some more longs !

Bought here 1404 buystop 1412
If I don't mention SL and TP = longer-term setup possibly in the works!
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  • Post #145,166
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  • Feb 8, 2022 3:16am Feb 8, 2022 3:16am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Bought 1406! SL low of the day ! The big struggle, if we ever get back there, will probably be getting back into the 1430s
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,167
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  • Feb 8, 2022 3:16am Feb 8, 2022 3:16am
  •  JBRolim
  • Joined Sep 2018 | Status: Trader Man | 825 Posts | Invisible
I would wait for H4 candle close for better analysis
"No pain no gain"
Trading Seeder All Time Return: 139.5%
1
 
  • Post #145,168
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  • Feb 8, 2022 3:26am Feb 8, 2022 3:26am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Confirmed, bought here 14017!
If I don't mention SL and TP = longer-term setup possibly in the works!
1
 
  • Post #145,169
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  • Edited at 4:06am Feb 8, 2022 3:45am | Edited at 4:06am
  •  JBRolim
  • Joined Sep 2018 | Status: Trader Man | 825 Posts | Invisible
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"No pain no gain"
Trading Seeder All Time Return: 139.5%
 
 
  • Post #145,170
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  • Feb 8, 2022 3:48am Feb 8, 2022 3:48am
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
And last but not least, first steps before getting back into the range and could confirm that this was just a stretch of it, buy stop 14133 14155 1417. and buy stop 14212, see that juicy bear candle that is so lonely it is begging to have it's high broken clean off

New update, aggressive buying time! buying every 5min cdl, at high break of previous bull 5 min cdl, every new entry puts the third last entry's SL at BE. Good luck bears bulling this further down !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #145,171
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  • Feb 8, 2022 5:01am Feb 8, 2022 5:01am
  •  Austyno
  • Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,773 Posts
Again, we have 3 bearish candle in a row on 4hrs, you know what to do(sell the high)
Risk comes from not knowing what to do
 
5
  • Post #145,172
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  • Feb 8, 2022 5:16am Feb 8, 2022 5:16am
  •  shay14
  • | Joined Mar 2014 | Status: Member | 624 Posts
Quoting Austyno
Disliked
Again, we have 3 bearish candle in a row on 4hrs, you know what to do(sell the high)
Ignored
are you anticipating a retest of previous highs ?
 
 
  • Post #145,173
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  • Feb 8, 2022 5:27am Feb 8, 2022 5:27am
  •  bpola
  • | Joined Sep 2019 | Status: Member | 165 Posts
Trying to buy [email protected] 1.1423.
Let's see how it goes again.
 
 
  • Post #145,174
  • Quote
  • Feb 8, 2022 5:47am Feb 8, 2022 5:47am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,396 Posts
Quoting bpola
Disliked
Trying to buy [email protected] 1.1423. Let's see how it goes again.
Ignored
Where SL and TP?
People don't plan to lose. They lose because they don't plan.
 
 
  • Post #145,175
  • Quote
  • Feb 8, 2022 5:54am Feb 8, 2022 5:54am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,396 Posts
Posible scenarios of price action, take care
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People don't plan to lose. They lose because they don't plan.
 
2
  • Post #145,176
  • Quote
  • Feb 8, 2022 6:03am Feb 8, 2022 6:03am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,787 Posts
I think the rest of the week will be boring.. That said, today's crucial level is 1.1430.... Best wishes
Be a seer, not a looker!
Ata's Trend Hunter V1.2 All Time Return: 312.1%
1
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  • Post #145,177
  • Quote
  • Feb 8, 2022 6:23am Feb 8, 2022 6:23am
  •  Austyno
  • Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,773 Posts
Quoting shay14
Disliked
{quote} are you anticipating a retest of previous highs ?
Ignored
It already did to shake out weak shorts, we are in a falling wedge on 4hrs. Time to sell again, as we are at the upper band of the wedge. Direction has been set for the day(south )
Risk comes from not knowing what to do
 
3
  • Post #145,178
  • Quote
  • Feb 8, 2022 7:07am Feb 8, 2022 7:07am
  •  4rx
  • | Joined Jul 2010 | Status: Trading now... | 366 Posts
Quoting ScalaFX
Disliked
Posible scenarios of price action, take care {image}
Ignored
lets go up to 1.15 then south
Lets make some green pips
 
1
  • Post #145,179
  • Quote
  • Edited at 7:31am Feb 8, 2022 7:18am | Edited at 7:31am
  •  MarvOli
  • | Joined Aug 2021 | Status: Member | 86 Posts
I may have to change my perspective. In this business, you have to stay flexible and roll with the punches. I assumed at the ECB meeting yesterday that USD would catch a bid off the back of Lagarde saying they are not interested in lifting rates. Investors just won't give up on the idea that ECB will raise rates. With at least 2 rate increases now priced in on the EUR after the past two meetings, it's hard to judge right now. I think we again stay range-bound. US bonds getting sold off at a fairly strong rate, and US 10 year rates are still rising (currently sitting at 1.949% as of writing). No one is moving on the USD at the moment.

Sitting and watching, waiting for some volume to come in and confirm a direction.

Some big players are wanting a higher euro for some reason, and until they give up, we are most likely to stay rangebound.
 
 
  • Post #145,180
  • Quote
  • Feb 8, 2022 7:22am Feb 8, 2022 7:22am
  •  StarChild10
  • | Joined Sep 2016 | Status: Member | 29 Posts
https://forexop.com/assets/uploads/2...late_small.png
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LOOKS LIKE A FLAG NOW?
 
 
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