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  • #120,981
  • Dec 3, 2020 8:18am Dec 3, 2020 8:18am
Quoting lucky1359
{quote} 1.2150 1.2165 1.2172 These were important levels Frankfurt & London Open always plays an important role everybody knows.
@ 1.2150

@ 1.2165

Breached after 5 Hours
  • #120,982
  • Dec 3, 2020 8:18am Dec 3, 2020 8:18am
Quoting Traderview
Patience, Patience and More Patience.
Attached Image
  • #120,983
  • Dec 3, 2020 8:29am Dec 3, 2020 8:29am
Right I’m out... the short didn’t work out. No entry point for a long either...
Insane in the Brain..
  • #120,984
  • Dec 3, 2020 8:31am Dec 3, 2020 8:31am
Quoting BeeTogether
Right I’m out... the short didn’t work out. No entry point for a long either...
Me too, i am out. It was a bad day for me.
  • #120,985
  • Dec 3, 2020 8:37am Dec 3, 2020 8:37am
Booked another +10 pips.. (collected 30 pips so far during drawdown) rinse and repeat continues..

Stay Green
Focus only on what truly matters!
  • #120,986
  • Dec 3, 2020 9:03am Dec 3, 2020 9:03am
Quoting Fxtrader0
Hello Traders. I think there wont be a real pullback before reaching 1.2257
I got on D1 1.2244-72 zone.
  • #120,987
  • Dec 3, 2020 9:06am Dec 3, 2020 9:06am
Quoting Traderview
I'm Watching these scenarios. 1. If we see the break above 1.2138, then it'll hit 1.2153. If i see 1hr closing below 1.2138, then i'll enter shorts on the next swing high with the aim of 1.2118. 2. If it moves above 1.2153 and touch the 1.2167, followed by 1hr closing below 1.2153, I'll enter shorts aiming 1.2138 - 1.2126 3. The good resistance i think is 1.2183 - 1.2193. If we see the 4hr closing below 1.2168, then i think it's starting a new leg on 4hrs to 1.20 Lets see.
Scenario 2 worked. Entered @1.2167 and closed @1.2147. 20 pips bagged.

Sidelines for 3.

Lets see.
  • #120,988
  • Dec 3, 2020 9:07am Dec 3, 2020 9:07am
Quoting andvk74
{quote} I got on D1 1.2244-72 zone.
Attached Image (click to enlarge)
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  • #120,989
  • Dec 3, 2020 9:09am Dec 3, 2020 9:09am
Looks like this current H1 will also close BULLISH.
  • #120,990
  • Dec 3, 2020 9:11am Dec 3, 2020 9:11am
I think the bitch is heading to 3rd resistance 1.2219.

Lets see
  • #120,991
  • Dec 3, 2020 9:20am Dec 3, 2020 9:20am
D1 when trending is quite formidable ...... swim with it .......... going against it is going to be very painful...... make it yr policy......
  • #120,992
  • Dec 3, 2020 9:24am Dec 3, 2020 9:24am
Quoting klm1011
caution warning for sellers.........
analysis at the time..............
price has moved 110 + pips since this .......

managed to collect 90+ out of those.........
  • #120,993
  • Dec 3, 2020 9:31am Dec 3, 2020 9:31am
sell limit @ 1.21750
  • #120,994
  • Dec 3, 2020 9:36am Dec 3, 2020 9:36am
I was heavy long at 1.2103 made significant money...
and lost it all trying to anticipate reversal without good reason, from 1.2125
Practitioner of the cryptic trading arts
  • #120,995
  • Dec 3, 2020 9:41am Dec 3, 2020 9:41am
I think one of the famous sayings in forex is ' can you keep yr profits'
Winning trades makes traders euphoric and then they are happy to risk a few trades away.. in the process giving back yr winnings..... all psychology...... & yr enemy No 1 in forex trading..........
  • #120,996
  • Dec 3, 2020 9:45am Dec 3, 2020 9:45am
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  • #120,997
  • Dec 3, 2020 9:46am Dec 3, 2020 9:46am
If current H1 closes wit NO wick on top then the next one should go a little above the current one and we might see a retracement down to 1 2130-45 zone.
And tomorrow we should see a new weekly HIGH to a level 1.2245-50 before starting a decline. (maybe NFP will take this thing DOWN.)
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  • #120,998
  • Dec 3, 2020 9:48am Dec 3, 2020 9:48am
Sell here guys
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  • #120,999
  • Edited 5:40pm Dec 3, 2020 9:52am | Edited 5:40pm
In my experience D1 trends are account and platform busting powerful if read incorrectly for reversals......... ......but can be equally profitable on the other hand...


after much pain i realized that its comes naturally to traders ( as far as trading is concerned ) to look for reversals ..... there seems to be a connection between being right about predicting trades and ego.................
It would take a nuclear fission & fusion power force to break this bond................
  • #121,000
  • Dec 3, 2020 9:54am Dec 3, 2020 9:54am
Bloob bloob bloob... waiting for bear progress while under water..

Stay Green
Focus only on what truly matters!
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