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EURUSD only

  • #123,121
  • Edited 2:28pm Dec 30, 2020 8:34am | Edited 2:28pm
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  • #123,122
  • Dec 30, 2020 9:12am Dec 30, 2020 9:12am
Quoting myths
{quote} If stopped, it is possible to re-enter the same area once, I am working on one to four risk management , two or three trades per week are needed, security four to eight stops
Day fluctuations are low I change it to 1: 2 , so at least four trades a week are needed, my goal is 25% profit per month
  • #123,123
  • Dec 30, 2020 9:21am Dec 30, 2020 9:21am
Very bullish, expecting a new high tomorrow
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TMT Scalping System (Best system on FF)
  • #123,124
  • Dec 30, 2020 9:36am Dec 30, 2020 9:36am
Quoting Pollen
Very bullish, expecting a new high tomorrow {image}
Who knows: maybe tomorrow as nice year finish?
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  • #123,125
  • Dec 30, 2020 9:38am Dec 30, 2020 9:38am
Quoting fxmasterdxb
{quote} Im expecting a correction but not 250 pips, more like 50-70 pips
Closed @ 1.2280, seems bullish
  • #123,126
  • Dec 30, 2020 9:50am Dec 30, 2020 9:50am
Quoting Mitiblotch
Well, short again here at 1.2294. SL and TP same as above.
Out at 1.2283 with +11. Price seems it wants to do something funny.
  • #123,127
  • Dec 30, 2020 11:45am Dec 30, 2020 11:45am
Quoting MnrComposite
Thoughts on EURUSD. The long side is looking very ripe still. That move from 1.2180 to 1.2250 was great. USD is weakening across the board against all majors so there is definitely the momentum for the move to continue. Potential Entries: 1. If the price closes below 1.2283 area on the 12/20/20 20:00:00 hourly candle, I will definitely be getting in long with a roughly 75% probability of profiting. Stops & Target in Image. {image} 2. Another possible entry is at 12/21/20 6:00:00 if the hourly candle closes below 1.2278. This entry should it become...
If we are below 1.2283 in 1 hour and 15 minutes! the longs are looking good!
Viewing the market through f(x)
  • #123,128
  • Dec 30, 2020 2:49pm Dec 30, 2020 2:49pm
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,234 Posts | Online Now
Hey guys, sorry I couldn't update you all today, I went out with some friends, anyways my sl at Be was taken out by the morning spike. We are currently in a rising wedge on 4hrs and 1hr, we have a supply on daily and 4hrs and a bearish doji on 4hrs. As we know, rising wedges usually break down and the break is usually accompanied by a large move.
Long story short, as long as we don't take out the highs of today(yesterday) bears will have upper hand.

I have a sell limit at 1.23050
Tp @ 1.22050(100 pips)
Sl 50 pips
Risk comes from not knowing what to do
  • #123,129
  • Dec 30, 2020 3:10pm Dec 30, 2020 3:10pm
Quoting Austyno
I have a sell limit at 1.23050
Don't you want to wait until Target2? So funny: 1.23465 (this is how my daughter counts...)
Attached Image
  • #123,130
  • Dec 30, 2020 3:21pm Dec 30, 2020 3:21pm
Quoting ursinho4711
{quote} Who knows: maybe tomorrow as nice year finish? {image}
Maybe....

And here's another look at the same thing....only different! This summation is what we're fighting when fading rallies.
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Charts are limited in nature. What is the relative location?
  • #123,131
  • Dec 30, 2020 3:22pm Dec 30, 2020 3:22pm
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,234 Posts | Online Now
Quoting ursinho4711
{quote} Don't you want to wait until Target2? So funny: 1.23465 (this is how my daughter counts...) {image}
As I mentioned, if we take out yesterday's high, bulls automatically have upper hand, so am not expecting us to get there bro, 1.23050 should be the high for today/tomorrow
Risk comes from not knowing what to do
  • #123,132
  • Dec 30, 2020 3:27pm Dec 30, 2020 3:27pm
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,234 Posts | Online Now
Quoting ursinho4711
{quote} Don't you want to wait until Target2? So funny: 1.23465 (this is how my daughter counts...) {image}
IMO, we should be aiming for the short target , that's y we are very close to the high on the indicator
Risk comes from not knowing what to do
  • #123,133
  • Dec 30, 2020 5:16pm Dec 30, 2020 5:16pm
Pending
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  • #123,134
  • Dec 30, 2020 7:48pm Dec 30, 2020 7:48pm
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  • #123,135
  • Dec 30, 2020 7:50pm Dec 30, 2020 7:50pm
Quoting macdulio
{image}
Hey dude, would you explain your post as well, if it means short! What would be the target?
  • #123,136
  • Dec 30, 2020 7:58pm Dec 30, 2020 7:58pm
Quoting MRZ0098
{quote} Hey dude, would you explain your post as well, if it means short! What would be the target?
The image above shows my auto terminal waves and ending moves plots plus The Return of the Downside Volatility if you have been paying attention to my posts, dude.

The target I gave yesterday with this image.


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  • #123,137
  • Dec 30, 2020 9:18pm Dec 30, 2020 9:18pm
Quoting MnrComposite
Thoughts on EURUSD. The long side is looking very ripe still. That move from 1.2180 to 1.2250 was great. USD is weakening across the board against all majors so there is definitely the momentum for the move to continue. Potential Entries: 1. If the price closes below 1.2283 area on the 12/20/20 20:00:00 hourly candle, I will definitely be getting in long with a roughly 75% probability of profiting. Stops & Target in Image. {image} 2. Another possible entry is at 12/21/20 6:00:00 if the hourly candle closes below 1.2278. This entry should it become...
1.2310 hasn't been reached yet. It was ALMOST reached but then quickly sold off. It's not likely but could see a nice little dip here.

Looking for 1.2210 before 1.2310.

Based on the latest data, I estimate this trade has anywhere from a 50-70% probability of profit. Although that is what the data is saying, that feels a bit high. With this RR though, anything over 25% === $.

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Viewing the market through f(x)
  • #123,138
  • Dec 30, 2020 10:03pm Dec 30, 2020 10:03pm
I'm considering to open a LONG in the BUY area targeting a weekly high.
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  • #123,139
  • Dec 30, 2020 10:09pm Dec 30, 2020 10:09pm
On a HTF my view is still the same.
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  • #123,140
  • Dec 30, 2020 10:40pm Dec 30, 2020 10:40pm
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,234 Posts | Online Now
Quoting andvk74
On a HTF my view is still the same. {image} {image}
I prefer this buying scenario because I think we are heading to 1.22050 today
Risk comes from not knowing what to do
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