On 4hrs. As simple as it gets.
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- #126,663
- Edited 2:07pm Feb 13, 2021 1:30pm | Edited 2:07pm
- Joined Sep 2009 | Status: Trader | 6,009 Posts
- #126,664
- Edited 2:55pm Feb 13, 2021 2:20pm | Edited 2:55pm
- Joined Jul 2020 | Status: Trader | 999 Posts
-----------------Check the M5 chart before entering a trade, although one trades in higher timeframes.
London Open, Europe Close and USA close made a step down with their open and closing prices compared to the day before.
I am short hoping for the move to 1.2000 or less. But it is like a casino
.
Trends have a higher probability of continuing than not.
- #126,665
- Feb 13, 2021 2:20pm Feb 13, 2021 2:20pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
On 4hrs. As simple as it gets. {image}
- #126,666
- Feb 13, 2021 2:34pm Feb 13, 2021 2:34pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
I want to thank all our members who genuinely contribute as much as they can with their knowledge and hard earned experience and I also want to thank especially those who share their critic, views, thoughts and analysis with extra detailed explanations and great charts.. I appreciate all your precious efforts brought into this thread guys.. Keep up the top notch quality content coming in which keeps our family growing each and every day..
Many many thanks
Many many thanks
Focus only on what truly matters!
- #126,668
- Feb 13, 2021 3:44pm Feb 13, 2021 3:44pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
{quote} ...and please keep the minimum of politeness. https://en.wikipedia.org/wiki/Golden_Rule Treat others as you would like others to treat you Do not treat others in ways that you would not like to be treated What you wish upon others, you wish upon yourself
Focus only on what truly matters!
{quote} Sure.. 100% politeness to those who deserve it..
In a sense, they are to be considered the same as robber banks, they are inevitable obstacles that you'll have to deal with and overcome.
Peace.
- #126,676
- Feb 14, 2021 4:33am Feb 14, 2021 4:33am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
{quote} It is just funny how someone took the time to create a new account (well the account had no posts whatsoever) to do what? To after the fact, tell you how wrong you were and that you should not be arrogant. That's a huge waste of energy and what the person doesn't understand is that that negative energy will boomerang back on him and the least you want as a trader is to focus on the negatives. In a sense, they are to be considered the same as robber banks, they are inevitable obstacles that you'll have to deal with and overcome. Peace.
Anyway.. enjoy your weekend.. Cheers
Focus only on what truly matters!
- #126,678
- Feb 14, 2021 7:42am Feb 14, 2021 7:42am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Daily S/R Levels for Monday
- The possibility for a bull run towards Cypher completion point 1.2262 area is still there BUT 1.2144 nearest resistance area has rejected buyers so far..
- 1.2085 is crucial nearest support area that bears will probably retest next week (If so, that could be a much larger corrective wave c down which would complete a larger wave 2 or wave B down)
- Overall, we can tell from all the small candles in the past 3 days that market is in a stall and we should be careful for all sorts of surprises this week.. It looks like a strong breakout move is in play..
I hope it helps
Focus only on what truly matters!
- #126,680
- Feb 14, 2021 9:47am Feb 14, 2021 9:47am
- Joined Nov 2019 | Status: Trader | 1,121 Posts
It looks like a strong breakout move is in play.. I hope it helps
Looking at the charts the next days should be clear. Unfortunately robber banks know that as well.
Daily:
