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  • #124,041
  • Jan 13, 2021 5:47pm Jan 13, 2021 5:47pm
Quoting Ata-Turkoglu
What is left for today is the house vote results for Trump.. Let's see if it can bring in some volume.. Until then Zzzzzz... *Speaking technically, I would simply want to see if current daily candle can close above 1.2144 or not.. 1 more hour for that.. Stay Green
Today was just the vote if there should be a vote on the impeachment or not.. And this was sure to pass. The real impeachment vote which requires a 2/3 majority for a successful impeachment will be at some other date.
Another day, another dollar.
  • #124,042
  • Jan 13, 2021 8:36pm Jan 13, 2021 8:36pm
Lucky morning pips.. it keep rejecting so i short
If just every trade this easy.
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OK..again bounce right of prev. week monday level.
Though candle wise month-week-day are short but who knows
Attached Image
Don't mind me.. i'm crazy
  • #124,043
  • Jan 13, 2021 10:51pm Jan 13, 2021 10:51pm
EUR/USD turning point on 1H chart which will occur on 2021.01.14
EST time included in 15 min time frame
Attached Image (click to enlarge)
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  • #124,044
  • Jan 13, 2021 11:03pm Jan 13, 2021 11:03pm
T-seq
  • #124,045
  • Jan 13, 2021 11:14pm Jan 13, 2021 11:14pm
Quoting mshady
{quote} Which method are you using to identify the turning points?
hello, I just use number of bars between tops and bottoms. No supports,resistances, astrology or astronomy. There are fixed length cycles in market and I have discovered a mathematical sequence which tells me whether that particular cycle is going to work or not. That is the most important thing. Sorry I still have not thought of disclosing the method yet. I am working on a indicator to predict these turning points these days.
  • #124,046
  • Jan 13, 2021 11:22pm Jan 13, 2021 11:22pm
Quoting Ata-Turkoglu
{quote} The answer is "duh!"... But wrong question.. The right question: "who" can become a consistently profiting full time trader? The answer to that is: a lot less than those who can become a brain surgeon! Stay Green
That would be me. It's just a matter of time now.
You cannot fail if you never give up.
  • #124,047
  • Jan 13, 2021 11:25pm Jan 13, 2021 11:25pm
Quoting Ata-Turkoglu
{quote} No no.. What I am saying is: It requires a dedicated mind, bullet proof discipline and long long hours of constant learning.. Actually learning never ends.. And there is never a guarantee that you will succeed in the end.. So in other words: If you wanted to become a brains surgeon it would be no different.. The minority who finally do trade successfully can have wealthy lives, no doubt of that.. Stay Green
So far, so good for me. Now, it's the matter of maintaining my progress, keeping to the same careful discipline and patience.
You cannot fail if you never give up.
  • #124,048
  • Jan 13, 2021 11:28pm Jan 13, 2021 11:28pm
Quoting udithag
{quote} hello, I just use number of bars between tops and bottoms. No supports,resistances, astrology or astronomy. There are fixed length cycles in market and I have discovered a mathematical sequence which tells me whether that particular cycle is going to work or not. That is the most important thing. Sorry I still have not thought of disclosing the method yet. I am working on a indicator to predict these turning points these days.
Well, I have found your turning points are often wrong. I can no longer trust them for guidance. There are plenty other indicators out there that are more accurate
You cannot fail if you never give up.
  • #124,049
  • Jan 13, 2021 11:35pm Jan 13, 2021 11:35pm
This is my view as of now. I expect the market go above the 50 % level into the SELL zone within the next couple of hours. And then I still see a new weekly LOW.
(It's Thursday and we are still inside Monday's range!!!)
Attached Image (click to enlarge)
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  • #124,050
  • Jan 13, 2021 11:48pm Jan 13, 2021 11:48pm
Good morning @ all,

I have taken a small long with tp @ 1,2163 or tp @ 1,2190. These areas are also potential short areas if PA looks promising.

Best
Chriss
  • #124,051
  • Jan 14, 2021 12:19am Jan 14, 2021 12:19am
Quoting chrissfx
Good morning @ all, I have taken a small long with tp @ 1,2163 or tp @ 1,2190. These areas are also potential short areas if PA looks promising. Best Chriss
What did you base your entry on?
  • #124,052
  • Jan 14, 2021 12:19am Jan 14, 2021 12:19am
something like this, maybe
Attached Image (click to enlarge)
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  • #124,053
  • Jan 14, 2021 12:31am Jan 14, 2021 12:31am
Quoting andvk74
{quote} What did you base your entry on?
Hi,
trendline, low risk (small sl) and a lot of long wicks testing the area around 1,2140 and always bouncing apart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210114_072748_com.oanda.fxtrade.jpg Size: 438 KB

Best
Chriss
  • #124,054
  • Jan 14, 2021 12:34am Jan 14, 2021 12:34am
Quoting chrissfx
{quote} Hi, trendline, low risk (small sl) and a lot of long wicks testing the area around 1,2140 and always bouncing apart. {image} Best Chriss
IMO this is how THEY create traps for traders, making them believe this is some bulletproof level that can NOT be breached. Then it retraces away from it and......
In any case - BEST OF LUCK TO YOU.
  • #124,055
  • Jan 14, 2021 12:41am Jan 14, 2021 12:41am
EU H4, maybe retrace to 1.221 before it can break 1.214
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Think Big, Start small !
  • #124,056
  • Jan 14, 2021 12:42am Jan 14, 2021 12:42am
Quoting andvk74
{quote} What did you base your entry on?
Me again,

I'm a great fan of Julexo and a lot of my entry's and tp are based of the way he has been trading. I think, it will take another 10 years of trading until I'm that good and precise. It's hard to explain. My biggest weapon is still risk management

Best
Chriss
  • #124,057
  • Jan 14, 2021 12:51am Jan 14, 2021 12:51am
Quoting andvk74
This is my view as of now. I expect the market go above the 50 % level into the SELL zone within the next couple of hours. And then I still see a new weekly LOW. (It's Thursday and we are still inside Monday's range!!!) {image}
True, but the only issue there is we have what looks like a W on 4hrs and 1hr chart, this week will most likely close bullish, we are flirting with weekly support 1 and monthly pivot level... If that zone bounces again, we won't be coming back.
Risk comes from not knowing what to do
  • #124,058
  • Jan 14, 2021 12:52am Jan 14, 2021 12:52am
Quoting 7154Superman
{quote} Well, I have found your turning points are often wrong. I can no longer trust them for guidance. There are plenty other indicators out there that are more accurate
Several days before many turning points were wrong as i had missing bars problem and now i could resolve them. if you cannot trust, You can just ignore them
  • #124,059
  • Jan 14, 2021 1:01am Jan 14, 2021 1:01am
Quoting 7154Superman
{quote} Well, I have found your turning points are often wrong. I can no longer trust them for guidance. There are plenty other indicators out there that are more accurate
The best indicator for turning points and forecasting volatility in daily basis is the most importand news releases on the calendar for me, all other line indicators just come in coincidence with an event which maybe unexpected.
Looking for profitable short term trades ...|
  • #124,060
  • Jan 14, 2021 1:02am Jan 14, 2021 1:02am
Quoting Austyno
{quote} True, but the only issue there is we have what looks like a W on 4hrs and 1hr chart, this week will most likely close bullish, we are flirting with weekly support 1 and monthly pivot level... If that zone bounces again, we won't be coming back.
I'd like to see a confirmation on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H4.png Size: 45 KB
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