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  • #123,441
  • Jan 6, 2021 9:09am Jan 6, 2021 9:09am
Another EUR/USD turning point on 1H chart which will occur on 2021.01.06
Attached Image (click to enlarge)
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  • #123,442
  • Edited 9:49am Jan 6, 2021 9:13am | Edited 9:49am
Marking 1.2333 as nearest resistance on H4... Even if bulls don't give up and stay above 1.2313 I think we are somehow limited with this 1.2333 area for today!

Stay Green
Focus only on what truly matters!
  • #123,443
  • Jan 6, 2021 9:34am Jan 6, 2021 9:34am
This is what I'm looking at on M15.
In order for me to consider any position - I need to see M15 close outside one of these levels.
It will of course depend on what time it will happen and other factors have to fall into place as well.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd M15.png Size: 72 KB
  • #123,444
  • Jan 6, 2021 9:45am Jan 6, 2021 9:45am
Quoting Ata-Turkoglu
Marking 1.2333 as nearest resistance on H4... Even if bulls don't give up and stay above 1.2313 I think we are somehow limited with this 1.1233 area for today! Stay Green
1.1233? Or 1.233? Or 1.223
  • #123,445
  • Jan 6, 2021 9:48am Jan 6, 2021 9:48am
Quoting Ata-Turkoglu
If M15, M30 or H1 candles can stay above 1.2308/13 then yes I agree that rise might continue.. Otherwise bears will take the lead for a while.. Stay Green
Hai.. Ata, that rule still valid or no?
Now is reversal or bull still hand up?
  • #123,446
  • Jan 6, 2021 9:48am Jan 6, 2021 9:48am
Quoting Ginew
{quote} 1.1233? Or 1.233? Or 1.223
Thanks for pointing to my typo.. But I am guessing 2 brain cells would be enough to figure

Meanwhile on M15: My next nearest support sits around: 1.2277/83..

Stay Green
Focus only on what truly matters!
  • #123,447
  • Jan 6, 2021 9:51am Jan 6, 2021 9:51am
1.2250 is looking very probably right now.

Missed the opportunity to short it though. Will be watching for consultation around 1.2250-1.2280 area before getting long again. Looks like we got a choppy rest of thew week ahead!
Viewing the market through f(x)
  • #123,448
  • Jan 6, 2021 10:05am Jan 6, 2021 10:05am
Closed everything here. Done for today. No trading for me at his hour and beyond till after ASIA.
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  • #123,449
  • Jan 6, 2021 10:15am Jan 6, 2021 10:15am
This is what I expect for tomorrow. A run below 1.2240.
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Click to Enlarge Name: EurUsd H1.png Size: 50 KB
  • #123,450
  • Jan 6, 2021 10:18am Jan 6, 2021 10:18am
And this is on a daily.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd Daily 1.png Size: 39 KB
  • #123,451
  • Jan 6, 2021 10:20am Jan 6, 2021 10:20am
I think 1.2273 is a good level for longs.. Stops must go a little below 1.2260..

Stay Green
Focus only on what truly matters!
  • #123,452
  • Jan 6, 2021 10:27am Jan 6, 2021 10:27am
Quoting andvk74
{quote} Very unlikely that it will run it today at this hour. But after a stop run why do you consider going LONG instead of SHORT???
Well, since I've been trading BOs (BreakOuts), so I placed my LONG trade after box BO, which gave me profitable pips (green line).
Meanwhile, another consolidation zone has been building up (red circle), consisting sufficient pips and 25 bars 15M chart. This box broke out to short but I missed it (red line). Now waiting to form another strong breakout.
Since, BOE Gov. Bailey already spoken and now we are waiting for FOMC results to come out @1pm ET.
Any predictions out there,
Attached Image (click to enlarge)
Click to Enlarge Name: EU DONE.png Size: 33 KB
  • #123,453
  • Jan 6, 2021 11:14am Jan 6, 2021 11:14am
Hello @ all,
taken a long position right now with tp @ 1,2320.

I have the feeling that the upmove loses steam...

Regards
Chriss
  • #123,454
  • Jan 6, 2021 11:26am Jan 6, 2021 11:26am
I don't want to show you how cool I am, but this is such a good example for "the trend is your friend" (since beginning of November!). As posted various times before, the manually drawn red trendline worked again today for a long entry:

TF H1:
Attached Image (click to enlarge)
Click to Enlarge Name: 1eb0183f0c1de7784b137ce458063bd1.png Size: 21 KB
  • #123,455
  • Jan 6, 2021 11:29am Jan 6, 2021 11:29am
Took a fat finger trade.

Meant to set a limit for 1.2314 but accidentally entered at market x.x

Probability is still in our favor. Have about 42% probability of success with a roughly 1:2 RR.

Let's see if she can bounce!

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2021-01-06 at 11.26.37 AM.png Size: 101 KB
Viewing the market through f(x)
  • #123,456
  • Jan 6, 2021 11:37am Jan 6, 2021 11:37am
Quoting MnrComposite
Took a fat finger trade. Meant to set a limit for 1.2314 but accidentally entered at market x.x Probability is still in our favor. Have about 42% probability of success with a roughly 1:2 RR. Let's see if she can bounce! {image}
Buy or sell?
Fundamental provide Volume, Technical shows Direction
  • #123,457
  • Jan 6, 2021 11:44am Jan 6, 2021 11:44am
Quoting LucasT
{quote} Buy or sell?
Buy
Viewing the market through f(x)
  • #123,458
  • Jan 6, 2021 11:45am Jan 6, 2021 11:45am
Quoting ursinho4711
I don't want to show you how cool I am, but this is such a good example for "the trend is your friend" (since beginning of November!). As posted various times before, the manually drawn red trendline worked again today for a long entry: TF H1: {image}
Hi,
no problem my friend. You are welcome. I have the same trendline in my chart.
I said: I have the feeling... Nothing more, nothing less - I had to share this feeling
  • #123,459
  • Jan 6, 2021 12:13pm Jan 6, 2021 12:13pm
Quoting chrissfx
{quote} Hi, no problem my friend. You are welcome. I have the same trendline in my chart. I said: I have the feeling... Nothing more, nothing less - I had to share this feeling
I think his post wasn't a response to your post at all.. I think he was speaking generally.. lol.. These awkward misunderstandings make me giggle

Stay Green
Focus only on what truly matters!
  • #123,460
  • Jan 6, 2021 12:24pm Jan 6, 2021 12:24pm
elections will not be certified today
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