? cup and handle on lower TF
- #118,122
- Nov 6, 2020 1:27pm Nov 6, 2020 1:27pm
- Joined Feb 2020 | Status: Trader | 2,364 Posts
? cup and handle on lower TF
- #118,124
- Nov 6, 2020 1:56pm Nov 6, 2020 1:56pm
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Market is waiting for short sellers to enter the counter to trigger the up move.. For that i guess first a minor fall to create that feel to invite bears and later pull the trigger upward... Better time is when liquidity dry up... Smart money waiting for right move..
- Subjective sentence: Market is waiting for short sellers to enter the counter to trigger the up move.. (sometimes true but why it will happen today and now has not been explained)
- Subjective sentence: For that i guess first a minor fall to create that feel to invite bears and later pull the trigger upward... (your main theory based on the assumption above)
- Subjective sentence: Better time is when liquidity dry up (Again, it is based on above statements still excluding any reasonings)
- Subjective sentence: Smart money waiting for right move (always true, that's why we call it smart money)
So I am not saying your theory is false. But as you can see the parts that are missing are the reasonings! When nothing can support your arguments it is natural that you have to repeat yourself twice with the same post maybe because of thinking why nobody responded the first time.
My friendly suggestion is to include "REASONINGS" and add a chart if possible to support your claims.. That way we would have things to discuss..
Thanks in advance for your future contributions 
Stay Green
Focus only on what truly matters!
- #118,126
- Nov 6, 2020 3:33pm Nov 6, 2020 3:33pm
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Re-sold 1.1880... Stops again should go a little above 1.1918.. Stay Green
Calling it a day and week folks.. Enjoy your weekends..
Stay Green
Focus only on what truly matters!
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- #118,130
- Nov 7, 2020 12:00pm Nov 7, 2020 12:00pm
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Focus only on what truly matters!
- #118,131
- Nov 7, 2020 9:33pm Nov 7, 2020 9:33pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
Hello everyone!
I just though I would try and get a bit of conversation going on recent events within the last few hours regarding the American election and the affect it may have tomorrow morning on this pair. It would be great to hear what everyone's expectations are for this pair are in the near future, and what or if they have a plan of attack over the next few days/weeks/months etc?
I have attached a picture of what happened back in 2016. All times are in Japan local time (my time). I didn't personally catch this, but I did catch the Boris announcement which was nice
Anyway, thanks in advance to anyone who shares there opinion and plan here
I just though I would try and get a bit of conversation going on recent events within the last few hours regarding the American election and the affect it may have tomorrow morning on this pair. It would be great to hear what everyone's expectations are for this pair are in the near future, and what or if they have a plan of attack over the next few days/weeks/months etc?
I have attached a picture of what happened back in 2016. All times are in Japan local time (my time). I didn't personally catch this, but I did catch the Boris announcement which was nice
Anyway, thanks in advance to anyone who shares there opinion and plan here
Emotional Control. Process, not outcome. 
- #118,132
- Nov 7, 2020 10:27pm Nov 7, 2020 10:27pm
Hello everyone! I just though I would try and get a bit of conversation going on recent events within the last few hours regarding the American election and the affect it may have tomorrow morning on this pair. It would be great to hear what everyone's expectations are for this pair are in the near future, and what or if they have a plan of attack over the next few days/weeks/months etc? I have attached a picture of what happened back in 2016. All times are in Japan local time (my time). I didn't personally catch this, but I did catch the Boris...
...I am not sharing my plan for tomorrow precisely because Normally I don't trade Asia despite being an Asian but will watch Asian session definitely. In any case tomorrow is going to be fun expecting a highly volatile market. Trade Safe Folks
- #118,133
- Nov 7, 2020 10:36pm Nov 7, 2020 10:36pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} I think the same kind of graph will repeat this time as well because history repeat itself
Emotional Control. Process, not outcome.
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- #118,135
- Nov 8, 2020 8:26am Nov 8, 2020 8:26am
- Joined Oct 2013 | Status: Trader | 1,079 Posts
Rally is being sold into 
- #118,137
- Nov 8, 2020 1:52pm Nov 8, 2020 1:52pm
- Joined Feb 2020 | Status: Trader | 2,364 Posts
Happy Good Riddance Trump day to everyone..... 
People far and away are rejoicing ....
May the markets be with you.
People far and away are rejoicing ....
May the markets be with you.
- #118,138
- Nov 8, 2020 4:25pm Nov 8, 2020 4:25pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
Happy Good Riddance Trump day to everyone.....
With Trump not acting as a gentleman and refusing to concede defeat I think this mess could last a lot more than a week.
Inserted Video
- #118,139
- Nov 8, 2020 4:28pm Nov 8, 2020 4:28pm
Waiting for low of 1.1611 to be tested. if it holds, forms db then i am bullish. If it breaks, then i'm bearish. Will sell (scalp) on a close below 1.1625 though. {image}
