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  • #84,141
  • Apr 24, 2019 7:21am Apr 24, 2019 7:21am
On the H1 chart, this is the 7th time we have tested the weekly S1 at 1.12065 and never closed past it... its proving to be a huge barrier. Am gonna wait for maybe one more push down, if it doesn't have sufficient strength i might just close my shorts and wait to see if i can enter at another time.
  • #84,142
  • Apr 24, 2019 7:31am Apr 24, 2019 7:31am
It would be just fantastic to get something like 1.118 as a spike down on the hourly and then up from there. By god I will be rich if this happens.

No coincidentally I am saying that because I've been positioned for this scenario to happen this week. I think it is quite likely, and Wednesday is a perfect day to see a change of momentum as well !
  • #84,143
  • Apr 24, 2019 7:35am Apr 24, 2019 7:35am
Attached Image (click to enlarge)
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  • #84,144
  • Apr 24, 2019 7:38am Apr 24, 2019 7:38am
H1 Status Update

Candles are gliding lower and lower inside my Dashed RED and RED TL channel. The question is can bulls break above the RED TL? Or will bears glide down more and more. Time will tell..

*If bears waste too much time above the Dashed RED, then the bulls will soon benefit from it.

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #84,145
  • Apr 24, 2019 7:44am Apr 24, 2019 7:44am
I pray 1.1203 to resist
  • #84,146
  • Apr 24, 2019 7:50am Apr 24, 2019 7:50am
Quoting Mhbp
I pray 1.1203 to resist
Prayers do not work on the market
  • #84,147
  • Apr 24, 2019 7:54am Apr 24, 2019 7:54am
Quoting Mhbp
I pray 1.1203 to resist
You mean support ?
  • #84,148
  • Apr 24, 2019 7:58am Apr 24, 2019 7:58am
The close of this hour is going to be rather important, and here's why.

(Hourly).
Attached Image (click to enlarge)
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  • #84,149
  • Apr 24, 2019 8:01am Apr 24, 2019 8:01am
Quoting Starcraftmaz
{quote} You mean support ?
yesssssss , resist from fallinggggggggggg OR (support)
  • #84,150
  • Apr 24, 2019 8:02am Apr 24, 2019 8:02am
Quoting Mystskull
On the H1 chart, this is the 7th time we have tested the weekly S1 at 1.12065 and never closed past it... its proving to be a huge barrier. Am gonna wait for maybe one more push down, if it doesn't have sufficient strength i might just close my shorts and wait to see if i can enter at another time.
8th time is the charm it seems hahaha.

Edit: While it does seem like now is a good time to enter, i would like to point out that this breakout candle has lesser volume than the bull rejection candle earlier. Especially since now that it has touched the low i will wait to see how much volume this H1 candle has and if it is comparable to the previous one.
  • #84,151
  • Apr 24, 2019 8:03am Apr 24, 2019 8:03am
Quoting Starcraftmaz
The close of this hour is going to be rather important, and here's why. (Hourly). {image}
And the profits

https://i.kym-cdn.com/entries/icons/...77/so_good.jpg

Close a third, wait until 1.1185 for the rest.
Attached Image
  • #84,152
  • Apr 24, 2019 8:03am Apr 24, 2019 8:03am
So much of testing waters Just got stopped out.. -11 pips.. Waiting for next entry..

Stay Green
Focus only on what truly matters!
  • #84,153
  • Apr 24, 2019 8:05am Apr 24, 2019 8:05am
EUR has been weak across the board.

we've only had about 30 pips ADR today so far.

this can easily go down to 1.1170 before bounce.
  • #84,154
  • Apr 24, 2019 8:08am Apr 24, 2019 8:08am
Dang! You pop out for lunch and there she goes! ;-) (Was flat) Watch the knife that falls...

We're testing the monthly low - so watch out for a melt lower.
  • #84,155
  • Apr 24, 2019 8:08am Apr 24, 2019 8:08am
Quoting hayder
EUR has been weak across the board.
The real story here is actually the DXY. Have a look at the daily and weep. Imagine if it goes all the way to 10,000 over the course of the next few weeks? It is literally on the verge of breaking out of a ceiling it's had since mid 2017. It could go maybe a bit higher to 9760 at most and still have a chance of going down, but if we see something like 9780, we will see EUR at 1.08 very quickly.
  • #84,156
  • Apr 24, 2019 8:11am Apr 24, 2019 8:11am
Come on baby give me 1165!!
Don't believe me just watch!
  • #84,157
  • Apr 24, 2019 8:22am Apr 24, 2019 8:22am
Quoting engweijie
{quote} Not sure if coincidence or what but LOL down to the exact minute Good luck! {image}
Added more buys, targeting 1.126x before flipping short.
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You hesitate, you masturbate.
  • #84,158
  • Apr 24, 2019 8:23am Apr 24, 2019 8:23am
Quoting Tslj.sg
Good afternoon to all, Based on my broker.... London opened 1.12076 Low for today 1.12033 High for today 1.12257 Total pips range( ADR) : 22.4 Yesterday almost 60 pips range and I expect to be the same or between 50 to 70 pips. For EUR USD, I expect downtrend ... Expect to hit support of 1.11700/80 to create triple bottom on H4. If selling , we have another 30 pips margin & If buying , will wait below 1.11900 to start accumulating. Trade safe and Good luck... Cheers.
Well true enough......It was bearish....
For the bulls it's time to pick up some position...
If it doesn't break... 1.12700
Risk will be 15 pips...Reward at least 30-45pips

If it breaks 1.12700, then we are looking at 1.09500

Trade safe and good luck...
Cheers..
tslj
  • #84,159
  • Apr 24, 2019 8:23am Apr 24, 2019 8:23am
Very good time to go long, Triple bottom on daily
  • #84,160
  • Apr 24, 2019 8:26am Apr 24, 2019 8:26am
Quoting Tslj.sg
{quote} Well true enough......It was bearish.... For the bulls it's time to pick up some position... If it doesn't break... 1.12700 Risk will be 15 pips...Reward at least 30-45pips If it breaks 1.12700, then we are looking at 1.09500 Trade safe and good luck... Cheers..
You mean 1.1170 ?
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