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  • #119,941
  • Nov 25, 2020 3:26am Nov 25, 2020 3:26am
Quoting Ata-Turkoglu
{quote} How many times can you expect weekly candles to dip? It already dipped twice on weekly and even a 3rd time on Daily just yesterday towards the mid area of weekly sideways channel 1.1842 area.. I don't see it likely that bulls will waste this chance and this theater has to end at some point.. Just thinking out loud.. Stay Green



As have seen EURUSD rising - Open To High 676 PIPS and Open To Close 540 Pips in July 2020.
Only Stimulus package was Discussed to be allocated in the Budget in Future.

  • #119,942
  • Nov 25, 2020 3:27am Nov 25, 2020 3:27am
Quoting Ata-Turkoglu
All these sellers while FF sell statistics dropped to 13% of buyers gives me confidence that we will see 1.20 levels soon.. lol Stay Green
Unfortunately, it does not show the entire forex market.
Attached Image
  • #119,943
  • Nov 25, 2020 3:30am Nov 25, 2020 3:30am
Quoting Ata-Turkoglu
{quote} I see it as the beginning on wave 3 of 5.. (If 1.1918 allows) Stay Green
Last Week of the Month. If Action is done now what will be done in next month ?

W Pattern will be done next month - Hope So

Attached Image (click to enlarge)
Click to Enlarge Name: c434601a8cc691ef20f0e4c76750fb7c.png Size: 63 KB
  • #119,944
  • Nov 25, 2020 3:31am Nov 25, 2020 3:31am
Quoting bartholemew
{quote} No expectations either way but 500pip range vacillations lasting a year or more before major trend reversals can be found on this chart history, so this consolidation since summer isn't exceptionally long in the tooth. One long-term bullish EURUSD thesis is investment capital flows away from USD businesses into EUR businesses, plus Eurobond conviction. Those things are nice but I'm skeptical they've put long term trends into place. Opinions on politics and policy agendas aside, the US stock market has historically done better under Democratic...
No offense but too much blabbery for me personally.. The "weekly encapsulating candle" from 3 weeks ago speaks loud and clear.. I better stick to that.. But thanks for your input..

Stay Green
Focus only on what truly matters!
  • #119,945
  • Nov 25, 2020 3:33am Nov 25, 2020 3:33am
Quoting Cr4zy
{quote} Unfortunately, it does not show the entire forex market. {image}
Lol.. FF is not a broker.. It is the average of many brokers.. So keep that in mind!

Stay Green
Focus only on what truly matters!
  • #119,946
  • Nov 25, 2020 3:36am Nov 25, 2020 3:36am
Quoting lucky1359
{quote} Last Week of the Month. If Action is done now what will be done in next month ? W Pattern will be done next month - Hope So {image}
Sorry I have to emphasize it that just saying "W" pattern is shallow.. What pattern is it? The monthly W pattern looks like a shark and for it to complete it has to violate previous weekly high at least.. So I expect the shark pattern to complete around 1.2033 (at a minimum) but it can go much higher! (Given the condition: IF 1.1918 allows bulls to rise!)

One more thing: This week's candle has already taken out stops below previous week's low.. Therefore from here, I exclude any moves below 1.1847.. To me that's not an option anymore..

Stay Green
Focus only on what truly matters!
  • #119,947
  • Nov 25, 2020 3:36am Nov 25, 2020 3:36am
Quoting Ata-Turkoglu
{quote} Lol.. FF is not a broker.. It is the average of many brokers.. So keep that in mind! Stay Green
Buyers has the Tallest Candles on M15
Good things comes in pairs...
  • #119,948
  • Nov 25, 2020 3:37am Nov 25, 2020 3:37am
Quoting MrEnterprise
{quote} Yes, I did go through your thread and saw the system you discussed using the Fibo. Is this the same method used to determine your 1.16xx prediction? Or is there another method/system used?
Yes, another unique system I have not shared with anyone.
Dont be fool by the newbie badge....older here...older in the biz.
  • #119,949
  • Nov 25, 2020 3:39am Nov 25, 2020 3:39am
1.1928 the best entry point.....well still have a long way to go......enjoy!
Dont be fool by the newbie badge....older here...older in the biz.
  • #119,950
  • Nov 25, 2020 3:39am Nov 25, 2020 3:39am
Looking to open LONG just below the 50 % mark. 1.18845
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1.png Size: 70 KB
  • #119,951
  • Nov 25, 2020 3:42am Nov 25, 2020 3:42am
Quoting Ata-Turkoglu
{quote} Sorry I have to emphasize it that just saying "W" pattern is shallow.. What pattern is it? The monthly W pattern looks like a shark and for it to complete it has to violate previous weekly high at least.. So I expect the shark pattern to complete around 1.2033 (at a minimum) but it can go much higher! (Given the condition: IF 1.1918 allows bulls to rise!) One more thing: This week's candle has already taken out stops below previous week's low.. Therefore from here, I exclude any moves below 1.1847.. To me that's not an option anymore.. Stay...
I said W Pattern will be done Next Month
  • #119,952
  • Nov 25, 2020 3:45am Nov 25, 2020 3:45am
This H4 Time Frame was a Roller Coster

or just to take out the Stop Losses

Attached Image (click to enlarge)
Click to Enlarge Name: f82bec047dd3a11d840eecd300741fdf.png Size: 209 KB

Thanks & Regards
  • #119,953
  • Nov 25, 2020 3:45am Nov 25, 2020 3:45am
A more precise entry level on M15
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd M15.png Size: 80 KB
  • #119,954
  • Nov 25, 2020 3:46am Nov 25, 2020 3:46am
Quoting lucky1359
{quote} I said W Pattern will be done Next Month
Sure dear.. And I said mentioning only a "W" pattern is superficial.. It is better to be more specific when it comes to harmonic patterns.. Thanks!

Stay Green
Focus only on what truly matters!
  • #119,955
  • Nov 25, 2020 3:58am Nov 25, 2020 3:58am
Quoting selfrit
{quote} if i have to choose. the favour is in bearish now. too many pattern support for bear to show up. carefull for bullish side.
Keep in mind that month end will very likely be EURUSD bullish because MTD stock markets are up which causes USD selling as currency hedge adjustment because the USD exposure has been increasing over the month and because the US stock market is the largest in the world, hence dominating this hedging effect if netted.
Another day, another dollar.
  • #119,956
  • Nov 25, 2020 3:58am Nov 25, 2020 3:58am
Quoting lucky1359
This H4 Time Frame was a Roller Coster or just to take out the Stop Losses {image} Thanks & Regards
hi
plz can you help me get the currencies meter? i have one but it does put them in order from the strongest first then the weakest
thanks
  • #119,957
  • Nov 25, 2020 4:00am Nov 25, 2020 4:00am
Quoting Ata-Turkoglu
{quote} No offense but too much blabbery for me personally.. The "weekly encapsulating candle" from 3 weeks ago speaks loud and clear.. I better stick to that.. But thanks for your input.. Stay Green
No worries. Good luck.
  • #119,958
  • Nov 25, 2020 4:07am Nov 25, 2020 4:07am
SL if H1 closes below 1.18716
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1.png Size: 74 KB
  • #119,959
  • Nov 25, 2020 4:19am Nov 25, 2020 4:19am
Morning all! Right missed the 11930 spike... still long from last night s/l at b/e plus 10 at 11877. Not sure of entries for scalping today. So will keep an eye open on the forum and IG for signals.
Insane in the Brain..
  • #119,960
  • Nov 25, 2020 4:29am Nov 25, 2020 4:29am
Wait to short again FSR is too bad !
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