EURUSD only

How would you havr caught those breakouts without risking a fakey.

I got smacked when trying to trade those on the lowet TF

You got it Mighty Moty.....your low is the low!!!
Happy weekend to you and All!!!!

I just noticed this as well.

Yes... it's all about priorities!

May help some bounce but weekly tf in driving seat to wait at least a week to have hope for bull test top again. One correct up ended with rejection, may try crazily though at any level . Take care, happy weekend.

MAPPING THE PRICE

H4
H1
M10
M5

Friday good day.

Stay green all

Gunslinger!!!!



Nice one Mighty Moty.

hi guys.
the closing price of eu was on 1.16240 is on 50 % of last move up , we still in a uptrend for short term becouse it didn't break last day low , and last low in h4 chart .
so i feel good with my long going to next week .
let's see what happend

eu daily + h4
dx daily

Only H6, H8, H12 and Daily are on UP Trends. Weekly is Down and Monthly is UP. All lower than H6 time frames are in a Down Mode as per their last Valid Signals - as of now. All of them - M1 to H4 - will only validly Reverse UP after valid Reverse UP signals. They are not like that at the moment. They are all in a Down Trend - still. That is an absolute fact. No valid Reverse Signal = No Reverse - the current trend continues - ceteris paribus.

This is based on the Rule to only Take Profit and then Reverse after a subsequent, main Valid Reverse Signal confirmed by various other indicators. There are many very different, very successful trading strategies.

My two pennies .....

i agree about one thing .
this is a very aggressive entry , and maybe it was better to wait for breakup in the the shorter chart , but i still belive that it will go up .

Exactly. Generally speaking common sense would support that way of trading.

It's likely to drop...1.1600 then up......1670...
So yes.

But WTF pivot chart is that???
Next pivot will be 1624 about.

Will chart Sunday.

It's all about, according to the Pivot Points Calculator.
Let's see what the indicator will draw on Monday morning

hi dear friends
i want buy this indicator ( https://www.mql5.com/en/market/product/27033# ) but its demo not working in test
can anyone help me that is it repaint ? or working properly?

HapPy weekend Traders

Monty its a little bit more than just where the pivot s paint at ,, its the price action around those levels ,,,may times the whole week can be mapped out by one pattern . Last week it started from a week ago Friday now,,,low,, the eur took out the previous weekly low ,,it then bounced from the low of a weeks ago now when the mkt opened . This is the same ole 5 min chart I have posted a few times ,, Believe it or not some of the most accurate projections come from a 5 min chart ,,, as you can see the projected top was one of the eur s favorite tgts a Weekly standard pivot level,, The weekly R1 ,, where it spent 2 days putting in that nice big fat juicy H & S pattern of which the neckline was the bottom of the flag pattern put in Monday (yellow circle ) Lots of selling no doubt ,,but the buying from the support level was more than enough to blow it past the H & S pattern ,, and it was quietly done where it dont show up on longer charts spread out in the quiet times of the mkt .. The red and green circles kinda show the buying or selling patterns ,,, if one is bigger than the other or you 2 of one obviously more of sellling than buying or vice versa is the point . You here price action thrown around a lot . Well that is price action ,,the big boys leave tracks ,,but they can stretch it out over a few days to obliterate easy patterns that a blind person can see and you have to find the the true levels ,,they will be close to ones the chart will print for you but they may be just beyond a few pips ,, . This chart looks a bit squeezed ,, but if you take the levels pointed out and mark on your longer charts and watch the patterns ,,,, instead of looking for a f&*kIng news article or release on what caused a pop or drop or going on about the crooks ( they will buy support and sell resistance) you will already know and be trading because the mkt was just getting bought or sold from support or resistance level . Any rate just a note, one needs to beware of what is happening at those levels and not be content just because that level was touched as I told you ,, does no good to buy a mkt going down or sell a mkt going up no matter what level it touched. Your average bands or Ata s averages or trendlines they are just tools to help in your probability direction ,,nothing more nothing less ,, it all depends on what transpired at or just beyond certain HORIZONTAL levels and whether there was more buying or more selling ,, it dont matter the reason all that matters is did a level hold or fold was there enough of one or the other to send it to the next level and how far will it go before it comes back for a retest . 2 charts posted ,,same chart ,, 1st one is last Sunday / Monday ,, then the rest of the week ,,, give ya something to contemplate sine your already waiting on the mkt to open lol,,, cheers bud

Paper trader

EU is just noise at minute
no clear direction we need a break of the lower high to down side or upside to have a some form of bullish or bearish trend
however here’s what I’m looking at through this noise