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  • #124,541
  • Jan 20, 2021 3:11am Jan 20, 2021 3:11am
Quoting Tobe
{quote} How do you mean man, what time frame does this work for? Do you have a picture to share for this... showing the 3 resistance
Many variations of this indicator out there, with or without previous day history
Attached Image (click to enlarge)
Click to Enlarge Name: f.png Size: 31 KB
Don't mind me.. i'm crazy
  • #124,542
  • Jan 20, 2021 3:16am Jan 20, 2021 3:16am
Quoting purevenom
{quote} Many variations of this indicator out there, with or without previous day history {image}
@Tobe, it looks similar to this, my laptop is down now(nepa issues) when I charge it, I will post a pic
Risk comes from not knowing what to do
  • #124,543
  • Jan 20, 2021 3:17am Jan 20, 2021 3:17am
Quoting Kyuu
Could drop to 1.213 before bouncing imo
Was looking for a bounce as well but will need very strong H1 bull at this point to break through that 1.2166 At this point I am not seeing it. Closed my long positions... sucking up a loss to survive this inaugural day before I get margin called. At least I still got something left to trade another day. Gonna reset my entire trading life...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210120-040451.png Size: 92 KB
Stop thinking like a retail trader
Forextrinitrader3.0 Profit This Month: na
  • #124,544
  • Jan 20, 2021 3:21am Jan 20, 2021 3:21am
Quoting purevenom
{quote} Many variations of this indicator out there, with or without previous day history {image}
what is the indicator called ? or even variations thereof ?
  • #124,545
  • Jan 20, 2021 3:25am Jan 20, 2021 3:25am
Quoting purevenom
{quote} Many variations of this indicator out there, with or without previous day history {image}
Can you please share that indi? I like it... Thanks.
Observation is the path to discovery.
  • #124,546
  • Jan 20, 2021 3:43am Jan 20, 2021 3:43am
Trying a buy on this support, near pivot, we have gap filled and retested a TL on dxy.. stops go to BE asap.

Edit- out BE...
Attached Image (click to enlarge)
Click to Enlarge Name: lo.jpg Size: 165 KB
  • #124,547
  • Jan 20, 2021 3:46am Jan 20, 2021 3:46am
Quoting Alorente
{quote} Can you please share that indi? I like it... Thanks.
Here you go
Unfortunately this one can't switch of history
Attached File(s)
File Type: ex4 Pivot Lines.ex4   54 KB | 261 downloads
Don't mind me.. i'm crazy
  • #124,548
  • Jan 20, 2021 3:48am Jan 20, 2021 3:48am
Quoting Godzilla
{quote} what is the indicator called ? or even variations thereof ?
You can have the one i posted above or just search pivot auto if you don't like the history level which can't be switch of
And since it is .ex4 it can't be edited i guess
Don't mind me.. i'm crazy
  • #124,549
  • Jan 20, 2021 3:59am Jan 20, 2021 3:59am
Quoting purevenom
{quote} Here you go Unfortunately this one can't switch of history {file}
Thanks friend.
Observation is the path to discovery.
  • #124,550
  • Edited 4:32am Jan 20, 2021 4:16am | Edited 4:32am
I'm still long because my BE stop hasn't been hit, normally I'd have taken TP at the obvious resistance level but since I'm using a strategy on the 4 hour really that involves me holding through any type of noise including this (in my opinion) draw down/stop hunt to the upside, I'm holding my long. The 4 hour close above my horizontal level of importance but it did wick, the bulls came in at the last 15 min for me.

This pullback was expected but much bigger than anticipated, sad to see most of my potential profit gone but I expected this and can still afford to sit through it unless my stop gets triggered. 1.21158 right now is a potential turning point and 1.2110 is the last potential turning point for me before price gets close to my SL.

If this 1 hour closes down, I'll be a bit nervous. The 4 hour must close above for me, I believe this is just creating a wick for the 1 and 4 hour but who knows how far it can wick. The 2nd wick is always lower, then it shoots up from my experience, I'm predicting we hit 1.21975 today, I really want the next 2 15 min candles to be bullish so we can just call this the wick
  • #124,551
  • Jan 20, 2021 4:32am Jan 20, 2021 4:32am
We are at critical levels now, 1.21159 been tested
Still holding my sell till 1.21013 while sl move to 1.21500
Risk comes from not knowing what to do
  • #124,552
  • Jan 20, 2021 4:34am Jan 20, 2021 4:34am
Quoting Austyno
{quote} It's part of a rule that works 99% of the time that I created when price fulfills certain conditions. Yesterday, those conditions were met. I can remember sharing the rule some time ago on this forum

hi Austyno .. I would really appreciate it if you could share it with us again , or give us the post NO

thanks
  • #124,553
  • Jan 20, 2021 4:34am Jan 20, 2021 4:34am
Quoting Austyno
We are at critical levels now, 1.21159 been tested Still holding my sell till 1.21013 while sl move to 1.21500
close shorts ?
  • #124,554
  • Jan 20, 2021 4:36am Jan 20, 2021 4:36am
Quoting Kyuu
I'm still long because my BE stop hasn't been hit, normally I'd have taken TP at the obvious resistance level but since I'm using a strategy on the 4 hour really that involves me holding through any type of noise including this (in my opinion) draw down/stop hunt to the upside, I'm holding my long. The 4 hour close above my horizontal level of importance but it did wick, the bulls came in at the last 15 min for me. This pullback was expected but much bigger than anticipated, sad to see most of my potential profit gone but I expected this and can...
It makes sense I think.. dollar bulls were on a mission to fill this area, now the bears can take over. If it breaks higher then all bets are off. We're currently hanging at the 0.382 retracement of this weeks Euro bull move. Of course this could be confirmation bias because I expect price to continue up
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.jpg Size: 124 KB
  • #124,555
  • Jan 20, 2021 4:51am Jan 20, 2021 4:51am
Quoting Glpp
{quote} close shorts ?
It's a matter of choice now... As i said earlier, am still holding till my tp while sl has now been adjusted to 1.21375
Risk comes from not knowing what to do
  • #124,556
  • Jan 20, 2021 4:53am Jan 20, 2021 4:53am
In my view, we donīt have a confirmed bull move until the third fan line is broken in H4. We are between the 2nd and the 3rd. Also, The bottom has not been tested (suspect), the down move stopped at 38% Fib (suspect) and there were plenty of H4 divergences on the last high (very suspect). I would feel better if at least the 50% level had been tested. Bottom line: I wait for the third fan line to be broken before going long.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD,H4.jpg Size: 311 KB
Observation is the path to discovery.
  • #124,557
  • Jan 20, 2021 5:04am Jan 20, 2021 5:04am
It looks like it's going to hit 1.2092 - 1.2098
  • #124,558
  • Jan 20, 2021 5:15am Jan 20, 2021 5:15am
Quoting Traderview
It looks like it's going to hit 1.2092 - 1.2098
Yes, there's a support waiting there
  • #124,559
  • Jan 20, 2021 5:16am Jan 20, 2021 5:16am
For bulls they need this 1hr to close above 1.2130
  • #124,560
  • Jan 20, 2021 5:35am Jan 20, 2021 5:35am
An 1hr closing above 1.2122 is the first sign of the bulls entry.
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