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  • Post #149,261
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  • May 23, 2022 3:03pm May 23, 2022 3:03pm
  •  fxsport
  • Joined Jul 2007 | Status: Member | 3,041 Posts | Online Now
Quoting Mitiblotch
Disliked
Qaiting for a break down. {image}
Ignored
Wait till prices pierce 1.07 and spike because of all the stops there....

Sells placed at 1.0710 up to 1.0730 with a target of 1.0640ish...
 
1
  • Post #149,262
  • Quote
  • Edited at 4:23pm May 23, 2022 3:54pm | Edited at 4:23pm
  •  fxpipper
  • Joined Apr 2009 | Status: Member | 549 Posts
Quoting Ata-Turkoglu
Disliked
Seems like all "parity" talkers have disappeared like cockroaches who got hit by a torchlight..
Ignored


I think I’m guilty of saying it one time, very early in the month. It might still get down there. I’m not 100% convinced that we’ve seen a legit reversal yet, but I have no problem buying it up as it goes. My intermediate upside target is around 0760, as that’s the top end of the weekly imbalance. Wish I could post the chart but I’m typing this from my phone. Perhaps later.

EDIT - chart attached. We've filled 50% of the weekly imbalance so far. A little more to go. What happens next? Well I do have a pending short sitting there. Let's see.
Attached Image (click to enlarge)
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Name: EURUSD_2022-05-23_16-21-56.png
Size: 38 KB
 
2
  • Post #149,263
  • Quote
  • May 23, 2022 4:20pm May 23, 2022 4:20pm
  •  procrude
  • Joined Jan 2016 | Status: Member | 708 Posts
Inserted Video
 
 
  • Post #149,264
  • Quote
  • May 23, 2022 4:42pm May 23, 2022 4:42pm
  •  kalahari
  • | Joined May 2013 | Status: Member | 30 Posts
Quoting fxpipper
Disliked
{quote} I think I’m guilty of saying it one time, very early in the month. It might still get down there. I’m not 100% convinced that we’ve seen a legit reversal yet, but I have no problem buying it up as it goes. My intermediate upside target is around 0760, as that’s the top end of the weekly imbalance. Wish I could post the chart but I’m typing this from my phone. Perhaps later. EDIT - chart attached. We've filled 50% of the weekly imbalance so far. A little more to go. What happens next? Well I do have a pending...
Ignored
I never believed or bought the idea that parity is on the table. There are just too many dynamics around the EUR/USD to take it to parity. - Not going to happen as far as I'm concerned.
 
 
  • Post #149,265
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  • May 23, 2022 5:02pm May 23, 2022 5:02pm
  •  fxpipper
  • Joined Apr 2009 | Status: Member | 549 Posts
Quoting kalahari
Disliked
{quote} I never believed or bought the idea that parity is on the table. There are just too many dynamics around the EUR/USD to take it to parity. - Not going to happen as far as I'm concerned.
Ignored
Any specific dynamics you would care to share?
 
 
  • Post #149,266
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  • May 23, 2022 9:35pm May 23, 2022 9:35pm
  •  fxsport
  • Joined Jul 2007 | Status: Member | 3,041 Posts | Online Now
Quoting fxsport
Disliked
{quote} Wait till prices pierce 1.07 and spike because of all the stops there.... Sells placed at 1.0710 up to 1.0730 with a target of 1.0640ish...
Ignored
Well that spike didn't get high enough to trigger my sells so I went short at 1.0675 (trying a 2-min scalp system) TP 1.0660
 
 
  • Post #149,267
  • Quote
  • May 23, 2022 11:57pm May 23, 2022 11:57pm
  •  magentfx
  • Joined Jan 2018 | Status: Always Learning | 972 Posts | Invisible
Quoting magentfx
Disliked
{quote} Will wait longer still army in action. {image}
Ignored
Bloodshed everywhere for now both are strong.Bulls vs Bears. I will wait for it to hit my TP
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Name: ea.png
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Avoid what is Strong,Strike at what is Weak
 
 
  • Post #149,268
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  • May 24, 2022 12:21am May 24, 2022 12:21am
  •  McNuggettt
  • | Joined May 2022 | Status: Junior Member | 3 Posts
Quoting magentfx
Disliked
{quote} Bloodshed everywhere for now both are strong.Bulls vs Bears. I will wait for it to hit my TP {image}
Ignored

im in for a sell now looking for it to hit 1.06190 at lease
 
 
  • Post #149,269
  • Quote
  • May 24, 2022 12:43am May 24, 2022 12:43am
  •  littlefx1
  • | Joined May 2022 | Status: Member | 22 Posts
Im shorting till the demand zone where a 38.2 fib level is at. It has had a very orderly uptrend respecting all fib levels on its pullbacks. When price has tapped into the prequency line we have seen nice reactions. I used an extrapolated mirror line to pinpoint approximately where price should be reversing. Let's wait for the tonight's fundamentals. I officially believe we're bullish boys.
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Name: EURUSD_2022-05-23_23-37-51.png
Size: 42 KB
 
 
  • Post #149,270
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  • May 24, 2022 1:32am May 24, 2022 1:32am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 6,165 Posts | Online Now
Quoting Mitiblotch
Disliked
Qaiting for a break down. {image}
Ignored
Closed all in profit at the number of the beast, 1.0666
Attached Image (click to enlarge)
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Name: Screenshot_20220524-063000_MetaTrader 5.jpg
Size: 285 KB
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
 
  • Post #149,271
  • Quote
  • May 24, 2022 1:32am May 24, 2022 1:32am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,232 Posts
Based on daily chart, next, we should have a corrective wave B either after one last bullish rally or without it..

Nearest bull target sits around 1.0745..

Nearest bear target sits around 1.0533..

Happy trading day to all
Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 25.7%
 
4
  • Post #149,272
  • Quote
  • May 24, 2022 1:50am May 24, 2022 1:50am
  •  YellowFellow
  • Joined Aug 2015 | Status: Are you healthy n happy? I'm trying | 539 Posts | Online Now
Multiple peak-outs on VSA suggested I should try a short, so here I am.

TRADE SAFE!
Attached Image (click to enlarge)
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Name: EU_US.jpg
Size: 94 KB
Meditate -> Workout -> Good Food = Good Life!
Slow n Steady Wins the Race! All Time Return: 29.8%
 
 
  • Post #149,273
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  • May 24, 2022 1:53am May 24, 2022 1:53am
  •  magentfx
  • Joined Jan 2018 | Status: Always Learning | 972 Posts | Invisible
Quoting McNuggettt
Disliked
{quote} im in for a sell now looking for it to hit 1.06190 at lease
Ignored
i have been holding since yesterday.my target is another 40 pips from current level. Will wait and see how it moves
Avoid what is Strong,Strike at what is Weak
 
 
  • Post #149,274
  • Quote
  • May 24, 2022 2:14am May 24, 2022 2:14am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,713 Posts
Quoting Ata-Turkoglu
Disliked
Based on daily chart, next, we should have a corrective wave B either after one last bullish rally or without it.. Nearest bull target sits around 1.0745.. Nearest bear target sits around 1.0533.. Happy trading day to all
Ignored
signal levels early 0643/0635 even intact , looks 0707 to 0641/35 play to up and let her correct more towards maximum 0614 to bull continue to 756 & breaks towards 0805 as wave' a'/ or bear set up "b " and may even try for this reversal signal breaks to target 0935 if . lets see
Attached Image (click to enlarge)
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Name: EURUSDH1.png
Size: 16 KB
 
3
  • Post #149,275
  • Quote
  • Edited at 2:40am May 24, 2022 2:18am | Edited at 2:40am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,232 Posts
Quoting fontu
Disliked
{quote} signal levels early 0643/0635 even intact , and let her correct more towards maximum 0614 to bull continue to 756 & breaks towards 0805 as wave' a'/ or bear set up "b " and may even try for this reversal signal breaks to target 0935 if . lets see {image}
Ignored
Imho, as long as price can't touch 1.0806, yours or similar scenarios with a higher completing wave-A are all valid... Let's see how it goes after more German data comes out..

*If 1.0710/1.0768 area can resist, we should see a revisit to 1.0573-1.0620 area..
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSD-D1.png
Size: 15 KB
Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 25.7%
 
2
  • Post #149,276
  • Quote
  • May 24, 2022 2:51am May 24, 2022 2:51am
  •  Enagy
  • | Joined Mar 2022 | Status: Member | 217 Posts
@littlefx I want to know,how do I get to label my chart like this as you wrote numbers on your chart I have tried to do that on my chart but have not gotten it for once,help me
 
 
  • Post #149,277
  • Quote
  • May 24, 2022 2:59am May 24, 2022 2:59am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,713 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Imho, as long as price can't touch 1.0806, yours or similar scenarios with a higher completing wave-A are all valid... Let's see how it goes after more German data comes out.. *If 1.0710/1.0768 area can resist, we should see a revisit to 1.0573-1.0620 area.. {image}
Ignored
so seeing old chart , 0805 is the last option either to bear continue or reversal over previous 4 , 1494. still not on this option , leiky tank below 0805 , probable level after breaks 0746 old limit , not over be 0780.parity intention very solid still below 0805 limit now or later after 1494 + . lets see
Attached Images (click to enlarge)
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Name: EURUSDDaily.png
Size: 14 KB Click to Enlarge

Name: EURUSDWeekly.png
Size: 15 KB
 
1
  • Post #149,278
  • Quote
  • May 24, 2022 3:32am May 24, 2022 3:32am
  •  3Davy
  • Joined Sep 2013 | Status: Member | 1,587 Posts
Quoting fxsport
Disliked
{quote} Wait till prices pierce 1.07 and spike because of all the stops there.... Sells placed at 1.0710 up to 1.0730 with a target of 1.0640ish...
Ignored
I have sell order at 1.0750.

Trend is still down.

Stay green
 
2
  • Post #149,279
  • Quote
  • May 24, 2022 3:32am May 24, 2022 3:32am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,232 Posts
Just another day with Zeee German's are coming effect..

Was this only wave A? or was it actually the whole wave ABC correction? Time will tell..
Be a seer, not a looker!
Ata's Trend Hunter V1.0 All Time Return: 25.7%
 
2
  • Post #149,280
  • Quote
  • May 24, 2022 3:44am May 24, 2022 3:44am
  •  Polimini
  • | Joined Mar 2022 | Status: Member | 90 Posts
EU interest rates are going to rise in July. I doubt we are going down (overall trend i mean)
 
 
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