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  • #1,188,261
  • Dec 2, 2020 8:31am Dec 2, 2020 8:31am
Looks desperate to break above 1.20781 at which point i would like to see strong upward movement if not might break down to 1.20301 and try another run to 1.20781 through 1.20866? i wish i new already, right ?
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,188,262
  • Dec 2, 2020 8:35am Dec 2, 2020 8:35am
Quoting Pipimintpati
This is a beautiful candle formation and looks like a rising, inverted triangle flag just outside the value area, hoping this bar will close above 1.20778 {image}
could ur chart be messier than this? what all these lines are,looks intersting,all sets of indicators are different than regular indicators.
  • #1,188,263
  • Dec 2, 2020 8:37am Dec 2, 2020 8:37am
Quoting mistaouting
longs closed BUT think the bull have more to get however; just not interested in the risk currently. will to scalp some here starting with a short from this area not expecting much at all watching US stock open to get a bead on this
2040 is my fist intraday support

edit: SL 2091
EDIT: and again I dont really have a bead on market intraday currently, closed longs and wanted to stay in it take a small GAMBLE here

edit: crazy to sell into a bullish market
LOCK IN RE-ENTER
  • #1,188,264
  • Dec 2, 2020 8:46am Dec 2, 2020 8:46am
Quoting T4Trade
{quote} could ur chart be messier than this? what all these lines are,looks intersting,all sets of indicators are different than regular indicators.
Market context requires various fibo levels and POC projections to establish what needs to happen for the price to move sometimes. this chart might look messy to one person and makes sense with the necessary levels to me.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,188,265
  • Dec 2, 2020 9:07am Dec 2, 2020 9:07am
Quoting mistaouting
{quote} 2040 is my fist intraday support edit: SL 2091 EDIT: and again I dont really have a bead on market intraday currently, closed longs and wanted to stay in it take a small GAMBLE here edit: crazy to sell into a bullish market
blown...seems like its going one way
LOCK IN RE-ENTER
  • #1,188,266
  • Dec 2, 2020 9:19am Dec 2, 2020 9:19am
Quoting Pipimintpati
you are short with a SL just below return to POC ? might want to adjust up near or above 1.20884 current POC is 1.2070 (Point of Control) {image}
Man , hi.

My SL at 69 was wise.... I had shorted at 70.....Smelled the upmove and exited at BE.....

Regards

  • #1,188,267
  • Dec 2, 2020 9:21am Dec 2, 2020 9:21am
I didn't want to say anything, but i have been long since 1.19335 and it has been absolutely a great break upward and with this daily trend break I hope EUR/USD goes up for the next few weeks ?? But, its not a break up until it closes above the trend line on the daily. Just my HO !
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,188,268
  • Dec 2, 2020 9:26am Dec 2, 2020 9:26am
Just sharing

If you are an intraday trader, you may want to use the momentum and price action context on the H4 time frame to guide your decision. So, unless you are already in a trade, let the current H4 candlestick close before making a directional decision.

KP
Do your homework, follow the footprints of smart money
  • #1,188,269
  • Dec 2, 2020 9:29am Dec 2, 2020 9:29am
im starting to think that the more accurate price close to look for is 1.2097 ?? Thoughts?
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,188,270
  • Dec 2, 2020 9:57am Dec 2, 2020 9:57am
Quoting Js3mwtRc
EU trend strong bullish above 1.2010 broken resistance, now support and above 2035 also may keep the price up. US stimulus and vaccine hopes helped the break higher, risk is on for 1.2100 first. Below 1950-60 is strong support (weekly).
It came close to 2035 and bounced, 1.2100 achieved. I wait for some consolidation here and then next on the radar is 1.2155, if all go well.
Looking for profitable short term trades ...|
  • #1,188,271
  • Dec 2, 2020 10:34am Dec 2, 2020 10:34am
Quoting Pipimintpati
im starting to think that the more accurate price close to look for is 1.2097 ?? Thoughts?
There is no sense in trying to figure it out.
Learn from your mistakes and march on.
  • #1,188,272
  • Dec 2, 2020 10:37am Dec 2, 2020 10:37am
Quoting mistaouting
{quote} blown...seems like its going one way
Yes; against the majority.

See here: https://fxssi.com/tools/current-ratio
Learn from your mistakes and march on.
  • #1,188,273
  • Dec 2, 2020 1:14pm Dec 2, 2020 1:14pm
As long as no liquidity, better ignore all bear candles.. It might be a trap being created to hook bears it seems..
Since one week the same story continoue...better stay away till liquidity come back to system
  • #1,188,274
  • Dec 2, 2020 1:22pm Dec 2, 2020 1:22pm
Quoting Leesi
As long as no liquidity, better ignore all bear candles.. It might be a trap being created to hook bears it seems.. Since one week the same story continoue...better stay away till liquidity come back to system
It could be head and shoulders so lets wait
  • #1,188,275
  • Dec 2, 2020 3:25pm Dec 2, 2020 3:25pm
The dollar is in the process of getting wrecked. It's important to keep that in mind when trading USD pairs.
Learn from your mistakes and march on.
  • #1,188,276
  • Dec 2, 2020 3:42pm Dec 2, 2020 3:42pm
1.2116 sold targeting almost 200 pips.
  • #1,188,277
  • Dec 2, 2020 3:44pm Dec 2, 2020 3:44pm
Selling at 1.21153... this might hurt...
  • #1,188,278
  • Dec 2, 2020 4:00pm Dec 2, 2020 4:00pm
Quoting SashaP
1.2116 sold targeting almost 200 pips.


whats your sl
LOCK IN RE-ENTER
  • #1,188,279
  • Dec 2, 2020 4:04pm Dec 2, 2020 4:04pm
I'm out from Forex for sometime, but my charts are saying time to sell BIG.
SL above 1.22

We may see strong moves this month, take care!
  • #1,188,280
  • Dec 2, 2020 7:06pm Dec 2, 2020 7:06pm
1.2120 is the weekly resistance, the pair need to base above for strong bullish movement.
I don't see it happening before NFP but nothing sure with this market.
A retrace is in the cards to 1.2085-1.2060 and possibly around 1.2010
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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