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  • #124,261
  • Jan 15, 2021 7:16am Jan 15, 2021 7:16am
With a 5 year old child's look at H4 chart it simply looks like a double bottom is forming.. Will take time until we see what is really going on..

Stay Green
Focus only on what truly matters!
  • #124,262
  • Jan 15, 2021 7:19am Jan 15, 2021 7:19am
Quoting Ata-Turkoglu
With a 5 year old child's look at H4 chart it simply looks like a double bottom is forming.. Will take time until we see what is really going on.. Stay Green
My experience is telling me: what the majority of traders see - the market will do just the OPPOSITE.
  • #124,263
  • Jan 15, 2021 7:20am Jan 15, 2021 7:20am
Waiting to see how H4 closes.
  • #124,264
  • Jan 15, 2021 7:23am Jan 15, 2021 7:23am
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  • #124,265
  • Jan 15, 2021 7:25am Jan 15, 2021 7:25am
Quoting andvk74
{quote} My experience is telling me: what the majority of traders see - the market will do just the OPPOSITE.
Yes correct.. Majority currently wants to sell this pair..

*And many forget to see the world from the eyes of a child..

Stay Green
Focus only on what truly matters!
  • #124,266
  • Jan 15, 2021 7:28am Jan 15, 2021 7:28am
Quoting Ata-Turkoglu
{quote} Yes correct.. Majority currently wants to sell this pair.. *And many forget to see the world from the eyes of a child.. Stay Green
Well, I'm holding a short but only to a specific level.
  • #124,267
  • Jan 15, 2021 7:31am Jan 15, 2021 7:31am
Quoting andvk74
{quote} Well, I'm holding a short but only to a specific level.
Nothing against your view buddy.. sometimes two traders can stand at the exact opposite of each other and both still can make money out of this contradiction.. Market allows that.. so no worries

Stay Green
Focus only on what truly matters!
  • #124,268
  • Jan 15, 2021 7:31am Jan 15, 2021 7:31am
Every time I see a price leg and market starting to retrace - I ask myself this question: why did THEY bring the market to this particular point? It doesn't just turn around in mid air. (If you know what I mean)
  • #124,269
  • Jan 15, 2021 7:36am Jan 15, 2021 7:36am
Bad news for USD now. EURUSD can retrace to 1.222
  • #124,270
  • Jan 15, 2021 7:37am Jan 15, 2021 7:37am
Quoting andvk74
Every time I see a price leg and market starting to retrace - I ask myself this question: why did THEY bring the market to this particular point? It doesn't just turn around in mid air. (If you know what I mean)
Sure I hear you.. those questionings are crucial.. Currently I stay alert and try to scalp the dips.. As long as 1.2116 holds I will carefully take profit at certain areas.. Nearest resistance based on H1 sits at: 1.2137/44.. So I don't stay for too long whenever I open a buy order.. at least for now!

Stay Green
Focus only on what truly matters!
  • #124,271
  • Jan 15, 2021 7:38am Jan 15, 2021 7:38am
Quoting andvk74
Every time I see a price leg and market starting to retrace - I ask myself this question: why did THEY bring the market to this particular point? It doesn't just turn around in mid air. (If you know what I mean)
Yes, we are at a verified support on my system and we have a doji on daily plus a demand on both 4hrs and daily. Hence my buy limit at that zone, I don't expect price to take out yesterday's low but take out yesterday's high... But am aiming for my daily target.
Risk comes from not knowing what to do
  • #124,272
  • Jan 15, 2021 7:54am Jan 15, 2021 7:54am
I'm expecting a leg down to the eclipse area before it bounces back up.
In an active sell order.
Have a buy [email protected]

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Thanks @ata, @Austyno, @andvk74 for your wonderful insights. Been following you guys posts very carefully.
  • #124,273
  • Jan 15, 2021 7:56am Jan 15, 2021 7:56am
Quoting Austyno
{quote} Yes, we are at a verified support on my system and we have a doji on daily plus a demand on both 4hrs and daily. Hence my buy limit at that zone, I don't expect price to take out yesterday's low but take out yesterday's high... But am aiming for my daily target.
I'm sure that one of us is going to be right. In any case - I wish you LOTS of pips!!!
  • #124,274
  • Jan 15, 2021 7:56am Jan 15, 2021 7:56am
I think bounce at 1.2058
  • #124,275
  • Jan 15, 2021 8:02am Jan 15, 2021 8:02am
What do you think guys 2080 - 2073.

Lets see
  • #124,276
  • Jan 15, 2021 8:02am Jan 15, 2021 8:02am
Wow such shitty US numbers! Lots of fiscal stimulus and QE will be needed to get back on track...
Another day, another dollar.
  • #124,277
  • Jan 15, 2021 8:05am Jan 15, 2021 8:05am
Closed so far today. Waiting for this H1 to close.
Target reached.
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  • #124,278
  • Jan 15, 2021 8:09am Jan 15, 2021 8:09am
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Its H4 Wave
1.2076 its first TP for me and Change the stop loss
  • #124,279
  • Jan 15, 2021 8:11am Jan 15, 2021 8:11am
1.2075 is a support for a good opportunity for a purchase, lets wait till there...
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  • #124,280
  • Edited 8:27am Jan 15, 2021 8:15am | Edited 8:27am
Wanted to buy here may not get a chance

Edit- bought at 12105 with stop to BE already
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