-milkeyway
- Post #152,641
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- Jul 25, 2022 10:29am Jul 25, 2022 10:29am
- Joined May 2011 | Status: Member | 1,401 Posts
- Post #152,643
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- Jul 25, 2022 10:34am Jul 25, 2022 10:34am
"No pain no gain"
Trading Seeder All Time Return:
108.5%
- Post #152,644
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- Jul 25, 2022 10:35am Jul 25, 2022 10:35am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- Post #152,645
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- Jul 25, 2022 10:36am Jul 25, 2022 10:36am
- Joined May 2011 | Status: Member | 1,401 Posts
-milkeyway
- Post #152,646
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- Jul 25, 2022 10:37am Jul 25, 2022 10:37am
- Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,930 Posts
Risk comes from not knowing what to do
- Post #152,647
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- Jul 25, 2022 11:04am Jul 25, 2022 11:04am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- Post #152,648
- Quote
- Jul 25, 2022 11:05am Jul 25, 2022 11:05am
{quote} Fundamental Sentiments reflects on chart. So, I trade by looking at chart. I do not look at news or any fundamental sentiments other that chart itself.
- Post #152,649
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- Jul 25, 2022 11:06am Jul 25, 2022 11:06am
- Joined May 2011 | Status: Member | 1,401 Posts
-milkeyway
- Post #152,650
- Quote
- Jul 25, 2022 11:18am Jul 25, 2022 11:18am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- Post #152,651
- Quote
- Jul 25, 2022 11:55am Jul 25, 2022 11:55am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- Post #152,652
- Quote
- Jul 25, 2022 12:38pm Jul 25, 2022 12:38pm
- Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,996 Posts
{quote} Rised toward the high just to get these two pips and droped back again. Now 0215 is support and if, it makes then it can target higher at above todays high, but a failure would give us at least 0202 if, I am not wrong!
See you tomorrow, green pips for the rest of the day!
Feels right this time!
- Post #152,653
- Quote
- Jul 25, 2022 2:32pm Jul 25, 2022 2:32pm
"No pain no gain"
Trading Seeder All Time Return:
108.5%
- Post #152,654
- Quote
- Jul 25, 2022 2:42pm Jul 25, 2022 2:42pm
- Joined May 2011 | Status: Member | 1,401 Posts
-milkeyway
- Post #152,655
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- Jul 25, 2022 2:47pm Jul 25, 2022 2:47pm
"No pain no gain"
Trading Seeder All Time Return:
108.5%
- Post #152,656
- Quote
- Jul 25, 2022 3:04pm Jul 25, 2022 3:04pm
I took a step back and analysed the Daily chart and the EURUSD has been on a steady and predictable decline. I checked how it behaved 20 years ago when it reached parity. It continued unabated to just above 0.8000. As we stand, the energy crisis is spooking the revival of the economy.
But most importantly its not the Euro only declining, the dollar is gaining too much strength due to rate increases. It is however facing issues, possibilities of recession or slowed down economic activity due to higher rates.
The above creates an equilibrium that could sustain or even see the EURUSD climbing.
While I am going to view the market as bearish, anything is possible.
Those were my two cents.
- Post #152,657
- Quote
- Jul 25, 2022 4:13pm Jul 25, 2022 4:13pm
- Joined May 2014 | Status: Full Time Trader | 20,554 Posts | Online Now
My H4 S/R levels for the Asian session...
Hopefully I continue after London opening.. See you later... Cheers
Hopefully I continue after London opening.. See you later... Cheers
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return:
0.1%
- Post #152,658
- Quote
- Jul 25, 2022 5:11pm Jul 25, 2022 5:11pm
Brother, we are fortunate that you are in our team. One of the best characteristic of you is whatever you say based on the technical/charts for S/R level especially 1H and 4 Hr candle close or open. I made a mistake (waited 10 hours from Asian session) last night at 2:00 am London open but later on in US session today's morning, while I was doing some scalping, then after I entered in a new boat (short) once the Price failed to cross 1.0250ishhhh. May GOD (Allah) bless you and your family and I wish all your dreams come true 
- Post #152,659
- Quote
- Jul 25, 2022 5:19pm Jul 25, 2022 5:19pm
- Joined May 2021 | Status: T and CT Trader | 2,777 Posts | Online Now
Buy 0219 SL 0170 TP 0350
People don't plan to lose. They lose because they don't plan.
- Post #152,660
- Quote
- Jul 25, 2022 8:36pm Jul 25, 2022 8:36pm
It looks to me like we could be in an ascending triangle until the Fed interest rate announcement on Wednesday. Upper bound at ~ 0257 and lower rising bound currently at ~ 0183 and rising at ~ 1.3 pips per hour. Not coincidentally this would bring the two bounds within ~ 10 pips of each other at the time of the rate announcement. More often than not triangles break in the direction of the existing trend when they started, in this case 7/14. Therefore I am currently and patiently holding short.
