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  • Post #154,841
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  • Aug 19, 2022 3:49am Aug 19, 2022 3:49am
  •  redcat3003
  • | Commercial Member | Joined Jul 2021 | 221 Posts
#EU roadmap
Look, we know that the goal is to trade these white candles, but it doesn't drop directly 80 pips
from the channel 50 to 70, it can first increase to about 56 to 84 pips, and then it will fall until the bottom
then we see 1-1 and then it will rise again.
And then let's go under one after the above time, get confirmation, for example, 4 hours in the overlap of rsi and enter in two stages, there is no stress and you will make a good profit whether you buy floor or sell in pullback.
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RedcaT 3003
FTMO 10K - 2 (passed ) All Time Return: 6.8%
 
 
  • Post #154,842
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  • Aug 19, 2022 4:02am Aug 19, 2022 4:02am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Meanwhile, on M30...

These are my basic levels for the next 2 hours or so...

Short-term speaking: Above 1.0082, bulls have a little more hope!
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
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  • Post #154,843
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  • Aug 19, 2022 4:51am Aug 19, 2022 4:51am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,219 Posts
Waiting for H1 to close

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  • Post #154,844
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  • Aug 19, 2022 4:53am Aug 19, 2022 4:53am
  •  sulai45
  • | Joined Jul 2016 | Status: Member | 730 Posts
Good morning, hope you're great. It's good to see the bears trying, on 4hrs;
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  • Post #154,845
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  • Aug 19, 2022 4:57am Aug 19, 2022 4:57am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Quoting andvk74
Disliked
Waiting for H1 to close {image}
Ignored
No magnets today?
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
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  • Konichiwhaat
  • Post #154,847
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  • Aug 19, 2022 5:04am Aug 19, 2022 5:04am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,219 Posts
Quoting Ata-Turkoglu
Disliked
{quote} No magnets today?
Ignored
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  • Post #154,848
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  • Aug 19, 2022 5:05am Aug 19, 2022 5:05am
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 632 Posts
Quoting Konichiwhaat
Disliked
EU GU conflict. Big move in 2 minutes
Ignored
Sorry Ata... please hold
TIME is the most valuable commodity
 
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  • Post #154,849
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  • Aug 19, 2022 5:09am Aug 19, 2022 5:09am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Quick Check on Weekly Wave Count

We are probably around corrective wave 2 of 3 of 5 down... A lot can happen until wave 3 of 3 of 5 starts... I trade mixed!

*I already know that wave 5 will end somewhere between 0.9959 and 0.9706, BUT bears must be patient!
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
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  • Post #154,850
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  • Aug 19, 2022 5:15am Aug 19, 2022 5:15am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Quoting Konichiwhaat
Disliked
{quote} Sorry Ata... please hold
Ignored
Not a problem at all... I simply dislike to "hide" the post... Those who still want to read it can do so by unhiding it!

FYI: My dislikes are NEVER real dislikes... That's the only option for me to hide a post that goes against rules..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
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  • Post #154,851
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  • Aug 19, 2022 5:26am Aug 19, 2022 5:26am
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 632 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Not a problem at all... I simply dislike to "hide" the post... Those who still want to read it can do so by unhiding it! FYI: My dislikes are NEVER real dislikes... That's the only option for me to hide a post that goes against rules..
Ignored
No worries, love your work... and I was wrong anyway!
TIME is the most valuable commodity
 
1
  • Post #154,852
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  • Edited 6:04am Aug 19, 2022 5:29am | Edited 6:04am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,709 Posts
Watching for signal 0098 breaks up and hold to for 0122plus, say 0140 pullback target while 0122 is limit up if try impulse down, breaks will signal bear failure as direct down. . Anyway as playing underground after 4 wks of bull failure and likely try test previous low 9951 while next good support 9994 as b wave to try best /rebuild bull again, if so, very strong wave up possible. Next week. Not knew if usdx corrected above 107.31/46!!Lets see
Yes usdx over the level of concern, may wait for a top failure!! Signal breaks down 107.46 and 31 respectively.
Seeing broken just previous low 0069 the target bear goes 9994 parity play!,
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Not understand?never follow my analyses!
 
 
  • Post #154,853
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  • Aug 19, 2022 5:41am Aug 19, 2022 5:41am
  •  GreenJ
  • | Joined Jun 2022 | Status: Member | 458 Posts
Market stalling, they are loading the truck, I am going shopping soon. Switching to mainly buys. Risk downwards is very manageable at these levels.
 
 
  • Post #154,854
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  • Aug 19, 2022 5:44am Aug 19, 2022 5:44am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,996 Posts
Does EU waking? We may see it sleeping until more US traders join in, Europe is in a beach, or at a mountain with good view relaxing right now.

1.0054 is the S2 weekly level and the 0.786% fibo retracement level of the 0.9953 - 1.0369 bounce is at 1.0042, both are posible targets for me, but first we have to see a move below Asian low at 1.0071.
Feels right this time!
 
1
  • Post #154,855
  • Quote
  • Aug 19, 2022 5:58am Aug 19, 2022 5:58am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Meanwhile, on H4...

For the next 7 hours or so, bears must do something to drop this below 1.0071 otherwise bulls will cause a bounce up.

Let's see who wins!
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
3
  • Post #154,856
  • Quote
  • Aug 19, 2022 6:01am Aug 19, 2022 6:01am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,996 Posts
Quoting GreenJ
Disliked
Market stalling, they are loading the truck, I am going shopping soon. Switching to mainly buys. Risk downwards is very manageable at these levels.
Ignored
Hi GreenJ, seems to me they are unloading for now, but it should stabilize below somewhere near parity.
Feels right this time!
 
1
  • Post #154,857
  • Quote
  • Aug 19, 2022 6:28am Aug 19, 2022 6:28am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 924 Posts
Quoting GreenJ
Disliked
Market stalling, they are loading the truck, I am going shopping soon. Switching to mainly buys. Risk downwards is very manageable at these levels.
Ignored
What do you mean with "risk downwards very manageable at these levels"? Do you think you cannot get underwater severely for months just because it is close to parity which is supposed to be a strong support? Perhaps you're right, but I wouldn't bet a penny, man... :-)
 
 
  • Post #154,858
  • Quote
  • Aug 19, 2022 6:31am Aug 19, 2022 6:31am
  •  zippo22
  • Joined Apr 2011 | Status: Member | 309 Posts
Quoting Ata-Turkoglu
Disliked
Meanwhile, on H4... For the next 7 hours or so, bears must do something to drop this below 1.0071 otherwise bulls will cause a bounce up. Let's see who wins! {image}
Ignored
Done already as you typed... but do you expect a bounce back?
 
 
  • Post #154,859
  • Quote
  • Aug 19, 2022 6:35am Aug 19, 2022 6:35am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,541 Posts
Quoting zippo22
Disliked
{quote} Done already as you typed... but do you expect a bounce back?
Ignored
Depends... as long as bulls prevent bears to drop too far away from 1.0082 they could cause a bounce soon.. But once price drops below 1.0044 I would switch from trading mixed to trading bearish!

I hope it answers
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
 
3
  • Post #154,860
  • Quote
  • Aug 19, 2022 6:47am Aug 19, 2022 6:47am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,996 Posts
Sharing these Elliott wave structure formations. One thing to watch here is your risk and that should be dependable at the timeframe you trade. Always trade the bigger wave and do not try to go against the bigger count, just for start.

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I am not a big fan, but when I find simple counts then its easier. Also its a good start for the day using it for a guide that puts you in trading. I always do other things after I analyse it on chart, but I am ok with that and I find it very helpful.

Good luck!
Feels right this time!
 
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