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  • #122,841
  • Dec 23, 2020 3:27am Dec 23, 2020 3:27am
Wonder where will we close at the ed f the month.
TMT Scalping System (Best system on FF)
  • #122,842
  • Dec 23, 2020 3:34am Dec 23, 2020 3:34am
Will add another SHORT at 1.2205 (considering spread)
SL the same as the first order.
  • #122,843
  • Dec 23, 2020 4:21am Dec 23, 2020 4:21am
Notice that we haven't had 4 bullish 4hr candles in a row this week. With that in mind, I open a sell @ 1.21944 sl 50 pips tp 1.21400
It is a little bit earlier than I planned entering today
Risk comes from not knowing what to do
  • #122,844
  • Dec 23, 2020 5:05am Dec 23, 2020 5:05am
One of my H1 setups. The thick red line I had drwan some weeks ago, in another analysis.
Green trend channel and thin red line trend of the lower lows.
Attached Image (click to enlarge)
Click to Enlarge Name: 827cbd05fefb49ba8a048d4d3eaaed29.png Size: 17 KB
  • #122,845
  • Dec 23, 2020 5:20am Dec 23, 2020 5:20am
Market is consolidating - it's getting ready for a MOVE.
Most of the time they will RUN both sides of consolidation.
As of now, my plan stays the same. If they run the top first - I'll add second order. If they run the bottom - I'll close and wait for another setup.
These are the 2 levels I'm talking about.
Attached Image
  • #122,846
  • Dec 23, 2020 5:40am Dec 23, 2020 5:40am
Quoting Traderview
{quote} I wouldn't. Last hr closed below 1.2208 a strong resistance. I'd rather wait for a 1hr closes above 1.2213 and look for the entry for buys. For sells also it is good spot but no candle closes above 1.2208. 1.2180 - 1.2160 is good place for buys. It'll look to retest 1.22. Lets see
Like I said, it revisited 1.22 and any move below 1.2183is more downside. Top I think 1.2208 - 1.2213.
As long as no 4hr closes above 1.22 bears would be gaining more momentum.
  • #122,847
  • Dec 23, 2020 5:42am Dec 23, 2020 5:42am
Quoting Austyno
Notice that we haven't had 4 bullish 4hr candles in a row this week. With that in mind, I open a sell @ 1.21944 sl 50 pips tp 1.21400 It is a little bit earlier than I planned entering today
Careful though. If a 4hr closes above 1.2209,it could be a start. That would mean to me get out of shorts.
  • #122,848
  • Dec 23, 2020 5:48am Dec 23, 2020 5:48am
Quoting udithag
Here is a possible trend changing point for EUR/USD pair on 1H chart which will occur on 2020.12.23. This is going to be a significant top or a bottom in hourly chart Hope my analysis will help you guys to get better trading decisions.This analysis is based on cycle theory and a mathematical sequence. These tops and bottoms can be predicted with an over 80% accuracy to +-1 bar accuracy. This concept works even on 1 minute chart. {image} http://fxturningpoints.com
do you mean the trend will be downside now?
  • #122,849
  • Dec 23, 2020 5:50am Dec 23, 2020 5:50am
What I can't understand is why are majority of traders suddenly so eager to stay bullish? Really wicked.. I am with the minority and still keep scalp-selling up swings towards 1.2205/20 area.. No buying at these levels for me!!!

Stay Green
Focus only on what truly matters!
  • #122,850
  • Dec 23, 2020 6:06am Dec 23, 2020 6:06am
Quoting Ata-Turkoglu
What I can't understand is why are majority of traders suddenly so eager to stay bullish? Really wicked.. I am with the minority and still keep scalp-selling up swings towards 1.2205/20 area.. No buying at these levels for me!!! Stay Green
I agree with you ATA, it looks like big boys(robbers) are consolidating on H1, you can see they have already revisited 1.22445 area quickly yesterday, meaning they have sell trades to push down
  • #122,851
  • Dec 23, 2020 6:36am Dec 23, 2020 6:36am
It's just testing our patience! That's OK, WE ARE GOING TO WIN ANYWAY!!!!!
Attached Image
  • #122,852
  • Dec 23, 2020 6:39am Dec 23, 2020 6:39am
Revisiting My H4 Chart

  1. This chart shall explain why I insisted in staying long around 1.2168 area..
  2. This chart shall also explain why price will continue down after a touch to 1.2209/18 area roughly!
  3. For my followers: We are below GREEN line.. therefore be careful with longs!
  4. 1.2173 area is nearest support for now and the next 6 hours!

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Status-Update.png Size: 35 KB
Focus only on what truly matters!
  • #122,853
  • Dec 23, 2020 6:52am Dec 23, 2020 6:52am
Kept my longs even though it’s boring as hell today. Will short once 1.2210 area along with you guys
Insane in the Brain..
  • #122,854
  • Dec 23, 2020 6:57am Dec 23, 2020 6:57am
So far so good. They're nice and even.
Looks like the BIG boys are waiting for the news driver (30 more min.) to start this thing moving.
Attached Image (click to enlarge)
Click to Enlarge Name: DXY and EUR SMT chart.png Size: 90 KB
  • #122,855
  • Dec 23, 2020 7:01am Dec 23, 2020 7:01am
I'll keep my SHORT running IF M15 closes below 1.2165. But my main tool is still divergence with the DXY!!!
  • #122,856
  • Dec 23, 2020 7:05am Dec 23, 2020 7:05am
Just booked profit from a recent sell.. And now on side lines whenever price comes closer to 1.2174... No rush!

*Just thinking out loud.. Is 1.2168 still safe to scalp-buy.. Hmm... tough decision when thinking of momentum.. But somewhere here bulls must show again otherwise we will have a H4 breakout candle after 45 minutes..

Stay Green
Focus only on what truly matters!
  • #122,857
  • Dec 23, 2020 7:10am Dec 23, 2020 7:10am
Quoting Ata-Turkoglu
Just booked profit from a recent sell.. And now on side lines whenever price comes closer to 1.2174... No rush! Stay Green
Just booked profit from my sell at 1.21977 to 1.2174. Good start to my day! Sidelines for now as well.
  • #122,858
  • Dec 23, 2020 7:18am Dec 23, 2020 7:18am
, brace yourselves
Risk comes from not knowing what to do
  • #122,859
  • Dec 23, 2020 7:18am Dec 23, 2020 7:18am
holding short on EU

Attached Image (click to enlarge)
Click to Enlarge Name: 126.png Size: 79 KB
TMT Scalping System (Best system on FF)
  • #122,860
  • Dec 23, 2020 7:20am Dec 23, 2020 7:20am
Quoting Ata-Turkoglu
Just booked profit from a recent sell.. And now on side lines whenever price comes closer to 1.2174... No rush! *Just thinking out loud.. Is 1.2168 still safe to scalp-buy.. Hmm... tough decision when thinking of momentum.. But somewhere here bulls must show again otherwise we will have a H4 breakout candle after 45 minutes.. Stay Green
recommended entry for buy should be 1.21400-1.21200. that zone is confluence of support
Risk comes from not knowing what to do
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