EURUSD only

Quoting engweijie

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{quote} SL moved to 1.16746 (+9 pips locked). 1.1684 not looking too favourable.

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Quoting Ata-Turkoglu

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{quote} You can still use the 1.16675 level to re-enter long.. M15 Steep TL breakout level is still valid. (But again.. wait for a new breakout on M5 and go long only if candle are above 1.16675.. Any M15 candle close below it aborts the setup) Or you can simply rely on M15 BLUE Trendline breakout and enter short.. but this time you must watch if candles stay below 1.16675.. (Just the opposite from Steep TL check) Stay Green

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Quoting yousername

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{quote} Bear’s scenario {image}

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Quoting engweijie

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{quote} I have strong support/resistances pre-marked.. Might wanna reference digger or okshop's charts, very accurate I cross-check with their numbers alot. The when price approaches, I use 2 momentum indicators (personally A/D and RSI but I guess stochs work too) on M5 to see if theres still 'space' for it to go down. If it's near tapped out then I step down to M1 to snipe as close as I can.

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Quoting TheLaw1

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{quote} Here you go! Here is your number again 1.16666

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Quoting VuLe

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{quote} Yassss, I am looking for a quick long for retracent towards 1.172x. hopefully I can get it in today

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Quoting Ata-Turkoglu

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{quote} Okay to me it means you have no idea what I taught and said here in the past about the "Steep Trendline Breakout" setups so far. Well, it is an "aggressive entry" first of all! Meaning they are risky trades in their nature and against the main trend (counter-trends). So you don't have to take those trades if you are not certain. These trades are not a must for you to go against trade. But they are opportunities for scalpers who want to squeeze out every pip possible from trading both directions. I hope it clarifies. Stay Green

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Quoting Ata-Turkoglu

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{quote} You can still use the 1.16675 level to re-enter long.. M15 Steep TL breakout level is still valid. (But again.. wait for a new breakout on M5 and go long only if M5 candles come back above 1.16675.. Also, any M15 candle close below it aborts the setup) Or you can simply rely on M15 BLUE Trendline breakout and enter short.. but this time you must watch if candles stay below 1.16675.. (Just the opposite from Steep TL check) Stay Green

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Quoting Caifas

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{quote} Hey Ata, a question that I had after seen your previous 2 post about the steep BO you marked the bottom of previous candle as a entry and not half of the body, are we changing this rule to grab a better price since its already a risk trade? The last Steep TL BO candle for me is 1.16708 (half of previous candle body), 1.1667 is almost at the bottom of the candle but not the closing price for me

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Quoting yousername

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Long... sl 7 pips r.r 1:7 {image}

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Quoting Ata-Turkoglu

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If you check M5 chart where volatility is so low at the moment.. you can see how candles can not close back above 1.16675.. They are trying though but still no close.. If you would already open a buy order it would be a risky move.. but just by waiting for at least one candle close you would raise your chances.. Not a guarantee still, but you get the idea how important levels and their relation to candle closings are.. Previous candle just closed above the level now.. and look how the following doesn't even hesitate to go higher.. Interesting to...

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Quoting engweijie

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{quote} Now I understand why you ignore the wicks and only pay attention to candle closes.. filtere out a lot of 'noise'..

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