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  • #123,161
  • Dec 31, 2020 7:09am Dec 31, 2020 7:09am
Quoting Mitiblotch
Short again here at 1.2293. SL 100 pips. TP open. I took lots of shorts from last night at 2300 and booked all of them. Now in again. This December has been the best December so far since I started trading. Profits left, right, center, up and down. Feels sweet. Happy New Year to everyone in advance. And as we wait for Trump to be sworn in for another 4 years.
Out of all the shorts at 1.2269 and 1.2270. Good profit once again. I may just not trade N.Y. time. I don't know what those crooks may be cooking (pun intended).
  • #123,162
  • Dec 31, 2020 7:23am Dec 31, 2020 7:23am
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  • #123,163
  • Dec 31, 2020 7:29am Dec 31, 2020 7:29am
Potential drop to below 122 which would be a nice little earner.
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Insane in the Brain..
  • #123,164
  • Dec 31, 2020 7:38am Dec 31, 2020 7:38am
Quoting BeeTogether
Potential drop to below 122 which would be a nice little earner. {image}
I am afraid. We might not see that today...eur/usd still trading within a trend channel
Good things comes in pairs...
  • #123,165
  • Dec 31, 2020 7:52am Dec 31, 2020 7:52am
Quoting heftee
{quote} I am afraid. We might not see that today...eur/usd still trading within a trend channel
agreed... be nice to see a drop towards 12230 for today and then next week finish the job off
Insane in the Brain..
  • #123,166
  • Dec 31, 2020 8:09am Dec 31, 2020 8:09am
Quoting MnrComposite
{quote} 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% === $. {image}
so far this playing out better than expected. As time goes on from the start of the green boxes, the likely hood of 1.2310 over 1.2210 becomes less probable.

Coupled with the new drawdown low from the start of the green box, 1.2210 is looking more and more likely to come before 1.2310z
Viewing the market through f(x)
  • #123,167
  • Dec 31, 2020 8:22am Dec 31, 2020 8:22am
when is market officially closing today? 20hrs GMT?
Dont be fool by the newbie badge....older here...older in the biz.
  • #123,168
  • Dec 31, 2020 9:20am Dec 31, 2020 9:20am
I would be careful with all of the prices being talked about today. I am seeing strong support at 22528. I do believe that we will see lower, but maybe not today. hard to tell at this point. Just be smart where you are entering trades, and use your risk management. I will be watching for a retrace to the 22680 area and see what happens from there.
  • #123,169
  • Dec 31, 2020 9:48am Dec 31, 2020 9:48am
Quoting nic9man
Next strong resistance is 1.2350 up to 1.2395. However, as the end of month USD selling effect will fade after the close we might see some EURUSD weakness afterwards.
That‘s what I meant. End of month trade over resulting in a temporary weakness.
Another day, another dollar.
  • #123,170
  • Dec 31, 2020 9:52am Dec 31, 2020 9:52am
the sell off has started i think...its bounced off 12228 which on my IG indicator is S2 for the day
Insane in the Brain..
  • #123,171
  • Dec 31, 2020 10:05am Dec 31, 2020 10:05am
Hey folks, I’m clocking out now. It’s been a great forum and amazing folk here. Thanks to you all and especially ATA whose post's has been the reason I haven’t blown all my money!
i still have a short trade on targeting below 12200. However will scalp if need be. S/l set to 12267 which is a 10 pip profit. Not going to aggressively slide that but will keep an eye open

so have a safe and very happy new year. See you around the corner for more fun and frolics.
Insane in the Brain..
  • #123,172
  • Dec 31, 2020 10:47am Dec 31, 2020 10:47am
Quoting MnrComposite
{quote} so far this playing out better than expected. As time goes on from the start of the green boxes, the likelihood hood of 1.2310 over 1.2210 becomes less probable. Coupled with the new drawdown low from the start of the green box, 1.2210 is looking more and more likely to come before 1.2310z
That fell a lot quicker than expected. Looks like we are about 9 times more likely to see 1.2210 before 1.2310 now. Should have some nice long side opportunity afterward. Will need to watch for consolidation around the 1.2180 area again like a few days ago.
Viewing the market through f(x)
  • #123,173
  • Dec 31, 2020 10:59am Dec 31, 2020 10:59am
Good evening @ all,

trendline attack

No time for trading now. Only beer and family!
For everyone happy new year and best wishes for 2021.

Trading plan for now: right hand sells beer and the mouth will buy it

Regards

Chriss
  • #123,174
  • Dec 31, 2020 11:22am Dec 31, 2020 11:22am
I love when the bankers are on holiday and the algos do what they are supposed to do:
Attached Image
  • #123,175
  • Dec 31, 2020 11:35am Dec 31, 2020 11:35am
Since I`ve started trading again, I discovered a lot more new resources for forex trading. A few years back there was not that many professional traders who were willing to share the trading predictions for the day, nor there were that many resources as today.
I only trade EURUSD and I found EURUSD and EURUSD Only threads very valuable and full of generous people who really like to share their experience and enjoy what they do.

Than you all who contribute to this thread. I wish you the best in the New Year and may it be your new best year of trading.

On a side note, I really want to collaborate with other traders and create a channel that posts market predictions for each day, basically video version of this thread. I would like that channel to be non-profit, with just one goal - provide best trading predictions for the safest trading. Let me know if you want to collaborate on this. I think that we all can profit and grow as a community.
Live long and prosper
  • #123,176
  • Dec 31, 2020 11:43am Dec 31, 2020 11:43am
Happy New year in advance to everyone as 2021 demand and supply more green pips to us. See you all next year.
Good things comes in pairs...
  • #123,177
  • Dec 31, 2020 12:08pm Dec 31, 2020 12:08pm
Watching this trend line. I will be on the sidelines until next week. Happy New Year all!
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  • #123,178
  • Dec 31, 2020 1:28pm Dec 31, 2020 1:28pm
Quoting ursinho4711
I love when the bankers are on holiday and the algos do what they are supposed to do: {image}
you mean banksters
Another day, another dollar.
  • #123,179
  • Dec 31, 2020 2:08pm Dec 31, 2020 2:08pm
Quoting MnrComposite
{quote} 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% === $. {image}
We have arrived at 1.2210

Will be watching for accumulation around 1.2180-1.2200 to get a long position going around Monday or Tuesday.

Happy New Years Folks!
Viewing the market through f(x)
  • #123,180
  • Dec 31, 2020 2:10pm Dec 31, 2020 2:10pm
I think this move is mainly stop-loss eating in thin liquidity, let‘s see.
Another day, another dollar.
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