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  • #123,541
  • Jan 7, 2021 7:08am Jan 7, 2021 7:08am
Quoting drakoczy
{quote} how do you know the amount of floating buy/sell trades worldwide to make this statement?
I do not... That's y I said despite the buying and selling at that zone, it will reverse because it has reached a technically reversal zone. Trading is moved by algorithms that's y our indicator works. I think the "big boys" just add volume for the market to do what was planned faster
Risk comes from not knowing what to do
  • #123,542
  • Jan 7, 2021 7:08am Jan 7, 2021 7:08am
Quoting MnrComposite
{quote} It does look like we are hitting some. Based on my data though, if we encountered this exact scenario 100 times, approximately 82% of the time we will see 1.2380 before 1.2280. Doesn't mean it will happen today/tonight, but it's very likely. Based on those numbers, the current pullback is providing a decent opportunity to add/get in.
it was looking good but broke down. You can’t with them all!
Viewing the market through f(x)
  • #123,543
  • Jan 7, 2021 7:13am Jan 7, 2021 7:13am
Quoting MnrComposite
{quote} it was looking good but broke down. You can’t with them all!

Trying long side again. Looks like a strong bounce off of 200. Right now looking at about a 42% probability of success with a 1:2 RR.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2021-01-07 at 7.12.18 AM.png Size: 128 KB
Viewing the market through f(x)
  • #123,544
  • Jan 7, 2021 7:16am Jan 7, 2021 7:16am
I think we will see new highs from here. Now the marked had its buy the rumour sell the news and the focus will be on the actual situation which is quite USD bearish.
Another day, another dollar.
  • #123,545
  • Jan 7, 2021 7:23am Jan 7, 2021 7:23am
Attached Image
Focus only on what truly matters!
  • #123,546
  • Jan 7, 2021 7:25am Jan 7, 2021 7:25am
Quoting Ata-Turkoglu
{image}
Is this per yesterday or per now? Thought most traders shifted to short in the meantime.
Another day, another dollar.
  • #123,547
  • Jan 7, 2021 7:27am Jan 7, 2021 7:27am
Quoting nic9man
{quote} Is this per yesterday or per now? Thought most traders shifted to short in the meantime.
It is based on "per just now"..

Stay Green
Focus only on what truly matters!
  • #123,548
  • Jan 7, 2021 7:29am Jan 7, 2021 7:29am
Ok. Well from a technical point of view I would agree that it looks rather bearish.
Another day, another dollar.
  • #123,549
  • Jan 7, 2021 7:53am Jan 7, 2021 7:53am
H1 Status Update

For now 1.22735 is nearest resistance.. Bears can rinse and repeat while hoping for new lows..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 30 KB
Focus only on what truly matters!
  • #123,550
  • Jan 7, 2021 8:00am Jan 7, 2021 8:00am
boomarang pending......Boom!
Dont be fool by the newbie badge....older here...older in the biz.
  • #123,551
  • Jan 7, 2021 8:47am Jan 7, 2021 8:47am
[quote = Ata-Turkoglu; 13347628] Actualización de estado H1 Por ahora, 1.22735 es la resistencia más cercana. Los osos pueden enjuagarse y repetir mientras esperan nuevos mínimos. Manténgase verde {imagen} [/ quote]
Thanks Ata for everything, keeping my operations.
  • #123,552
  • Jan 7, 2021 8:49am Jan 7, 2021 8:49am
Buy sell buy sell. Watching it all day is tiring bt imma catching the dragon. Next stop 12247
Fundamental provide Volume, Technical shows Direction
  • #123,553
  • Jan 7, 2021 8:50am Jan 7, 2021 8:50am
Quoting Willord21
[quote = Ata-Turkoglu; 13347628] Actualización de estado H1 Por ahora, 1.22735 es la resistencia más cercana. Los osos pueden enjuagarse y repetir mientras esperan nuevos mínimos. Manténgase verde {imagen} [/ quote] Thanks Ata for everything, keeping my operations.
Those who shorted 1.2273/76 area should immediately bring SL to break even because one notch lower support based on H4 sits at 1.2245/55.. If that area holds we could easily end up in drawdown.. So careful until 1.2245/55 breaks!

Stay Green
Focus only on what truly matters!
  • #123,554
  • Jan 7, 2021 8:59am Jan 7, 2021 8:59am
A regular preNONFARMER day!
  • #123,555
  • Edited 9:49am Jan 7, 2021 9:03am | Edited 9:49am
Quoting Ata-Turkoglu
{quote} Those who shorted 1.2273/76 area should immediately bring SL to break even because one notch lower support based on H4 sits at 1.2245/55.. If that area holds we could easily end up in drawdown.. So careful until 1.2245/55 breaks! Stay Green
I think that support will hold because this current 4hr candle took out the high of the previous candle and it shouldn't take out the lows of the previous candle thereby making higher highs and higher lows.
I have a buy limit @ 1.22480(I think that would be the low for this current 4hr candle) risking just 8 pips for this trade
Edit: it's also possible it can take out the lows and be a monster bearish candle
Risk comes from not knowing what to do
  • #123,556
  • Jan 7, 2021 9:22am Jan 7, 2021 9:22am
Quoting Austyno
{quote} I think that support will hold because this current 4hr candle took out the high of the previous candle and it shouldn't take out the lows of the previous candle thereby trying making higher highs and higher lows. I have a buy limit @ 1.22480(I think that would be the low for this current 4hr candle) risking just 8 pips for this trade Edit: it's also possible it can take out the lows and be a monster bearish candle
Buy order is active
Risk comes from not knowing what to do
  • #123,557
  • Jan 7, 2021 9:28am Jan 7, 2021 9:28am
until NFP big swing on!
  • #123,558
  • Jan 7, 2021 9:32am Jan 7, 2021 9:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 125.PNG Size: 18 KB
  • #123,559
  • Jan 7, 2021 9:48am Jan 7, 2021 9:48am
As long as nothing closes above 1.2273 bears are fine. I dont think we see above 1.2292.
  • #123,560
  • Jan 7, 2021 9:54am Jan 7, 2021 9:54am
all technical is :SELL: .... careful poker face
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