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  • #114,881
  • Oct 2, 2020 7:44am Oct 2, 2020 7:44am
Turns out that best place to sell was 1.1730...

Based on H1 revising my nearest resistance to: 1.1721

Stay Green
Focus only on what truly matters!
  • #114,882
  • Oct 2, 2020 8:27am Oct 2, 2020 8:27am
if we see a 15 min closes below 1.1704, then i'll look for sells now.
  • #114,883
  • Oct 2, 2020 8:47am Oct 2, 2020 8:47am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-roboforex-ltd.png Size: 35 KB

I consider it that we are currently trading in a rising channel on H1 time frame. Been trying to buy price retest of blue line in the last 3 hours but no luck yet.
  • #114,884
  • Oct 2, 2020 8:57am Oct 2, 2020 8:57am
Quoting corongumet
{quote} your indicator is good. what is it?
They are some zigzags along with fractals and sq9 then FX Trend Free available in market mt4 for free
A little bit of mix of combinations
  • #114,885
  • Oct 2, 2020 9:02am Oct 2, 2020 9:02am
Looks like Tsunami wave is been buffered for now- waiting new trend formation.
  • #114,886
  • Oct 2, 2020 9:10am Oct 2, 2020 9:10am
Quoting Ata-Turkoglu
Turns out that best place to sell was 1.1730... Based on H1 revising my nearest resistance to: 1.1721 Stay Green

Decision is tough but based on PA IMO 1.1785 should be touched
Neither a Bro Nor a Pro I am I
  • #114,887
  • Oct 2, 2020 9:12am Oct 2, 2020 9:12am
Quoting Obaforex
{image} I consider it that we are currently trading in a rising channel on H1 time frame. Been trying to buy price retest of blue line in the last 3 hours but no luck yet.
on the other hand there is the DXY, also in a rising channel H1 TF
Which one will be stronger at the end?

Attached Image
  • #114,888
  • Oct 2, 2020 9:17am Oct 2, 2020 9:17am
Quoting Obaforex
{image} I consider it that we are currently trading in a rising channel on H1 time frame. Been trying to buy price retest of blue line in the last 3 hours but no luck yet.
Also a question how you place highs/lows:
"my" H1 channel is declining

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
  • #114,889
  • Oct 2, 2020 9:23am Oct 2, 2020 9:23am
Quoting satish37
{quote} Decision is tough but based on PA IMO 1.1785 should be touched
when? Today still? And why...?
Serious and not offending question
  • #114,890
  • Oct 2, 2020 9:28am Oct 2, 2020 9:28am
Quoting ursinho4711
{quote} Also a question how you place highs/lows: "my" H1 channel is declining {image}
To eliminate such ambiguity is why I developed the little indicator you may have noticed on my chart to enable me determine precisely which points I should be plotting on my chat on specific time frames to find technical setups which in turn forms basis for my trend bias, rather than plotting particular points that suite my already established market bias.

I could be wrong, but my method is consistent. I hope you get the idea.
  • #114,891
  • Edited 11:53am Oct 2, 2020 9:33am | Edited 11:53am
[quote=Ata-Turkoglu;13195654]Turns out that best place to sell was 1.1730...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: current trade.PNG Size: 17 KB
Click to Enlarge Name: current trade 1.jpg Size: 48 KB
  • #114,892
  • Oct 2, 2020 10:07am Oct 2, 2020 10:07am
Quoting ursinho4711
{quote} when? Today still? And why...? Serious and not offending question

if 1.1694 is taken out than PA & IMO fails. In PA formation of candle below and up matter but not time
Neither a Bro Nor a Pro I am I
  • #114,893
  • Oct 2, 2020 10:19am Oct 2, 2020 10:19am
Price might climb back upto 1.17323
  • #114,894
  • Oct 2, 2020 10:29am Oct 2, 2020 10:29am
Looks like price is getting ready to fly.
  • #114,895
  • Oct 2, 2020 10:42am Oct 2, 2020 10:42am
1.1712 is holding now. if it could break for bears, would be good.
  • #114,896
  • Oct 2, 2020 10:47am Oct 2, 2020 10:47am
Hi friends
Attached Image (click to enlarge)
Click to Enlarge Name: 001.png Size: 41 KB
  • #114,897
  • Oct 2, 2020 10:55am Oct 2, 2020 10:55am
Quoting klm1011
Looks like price is getting ready to fly.
U mean to drop right... IMO, its giving enough time for bulls to exit before the merciless drop
Risk comes from not knowing what to do
  • #114,898
  • Oct 2, 2020 11:58am Oct 2, 2020 11:58am
Quoting Austyno
{quote} U mean to drop right... IMO, its giving enough time for bulls to exit before the merciless drop
Actually i don't know the direction - whichever way it goes i will trade it.
At present its bearish but weakly though, infact price is in a tight squeeze for 2-3 days now.
  • #114,899
  • Oct 2, 2020 12:13pm Oct 2, 2020 12:13pm
Looks like price doesn't want to move - perhaps we should call it a day.
  • #114,900
  • Oct 2, 2020 1:13pm Oct 2, 2020 1:13pm
Expecting the daily close around 1.1712.
See you guys on Monday.
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