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  • #127,521
  • Feb 26, 2021 2:23am Feb 26, 2021 2:23am
Quoting skassacomput
it seems a bear trap... I stay out {image}
If H1 closes below the trendline, the sell sentiment is confirmed, otherwise the bear trap is confirmed. Anyway we will know which way to take.
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If you do not know who you are, the Forex is the worst place to find you
  • #127,522
  • Feb 26, 2021 2:35am Feb 26, 2021 2:35am
On a trendline. Possible bounce up??
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TMT Scalping System (Best system on FF)
  • #127,523
  • Feb 26, 2021 3:01am Feb 26, 2021 3:01am
Quoting skassacomput
{quote} If H1 closes below the trendline, the sell sentiment is confirmed, otherwise the bear trap is confirmed. Anyway we will know which way to take. {image}
Now, I'm short @1.21495 SL1.2160 TP 1.21105
If you do not know who you are, the Forex is the worst place to find you
  • #127,524
  • Feb 26, 2021 3:10am Feb 26, 2021 3:10am
Quoting skassacomput
{quote} Now, I'm short @1.21495 SL1.2160 TP 1.21105
Usa close was 1.2162 your SL is a dangerous one.
Trends have a higher probability of continuing than not.
  • #127,525
  • Feb 26, 2021 3:14am Feb 26, 2021 3:14am
Quoting eurusd-thijs
{quote} Usa close was 1.2162 your SL is a dangerous one.
Thank you. I will move it a little bit higher
If you do not know who you are, the Forex is the worst place to find you
  • #127,526
  • Feb 26, 2021 3:26am Feb 26, 2021 3:26am
Quoting skassacomput
{quote} Thank you. I will move it a little bit higher
Close half positions with 10 pips, other half break even. Always open more than one. Pair is struggling with s1.
With a bit of luck the second one does 1.2129.
Then you have a value of 20 pips a day
Those who achieve more will post it.
But not when SL is hit
Trends have a higher probability of continuing than not.
  • #127,527
  • Feb 26, 2021 3:52am Feb 26, 2021 3:52am
Quoting Kyuu
As of right now, my target is 1.21258 where I will switch to long ( I need to watch that area to see how price reacts) and long with TP at 1.22693 If that level breaks by even 15 pips, I expect this to crash below 1.20779 , where we will have a pullback to 1.21258 and proceed lower. I think it's the first scenario Edit: 1.212 is where I expect it to bounce, I will still be entering t 1.21258 in case.
My short hit its TP at 1.21258 and entered long now. If price breaks by 10-15 pips, we're headed down and I will look to re-enter short. If we go up and hit 1.21736-1.21836 area as resistance and can't close above and even come close back to our entry, we're headed down. Otherwise, if we break above 1.21258 and close above on the 4h, I expect to re-test the previous high 1.23+ area some time next week.

If this 4 hour closes right at my buy level, I have a good feeling this will continue lower... we'll see
  • #127,528
  • Feb 26, 2021 3:55am Feb 26, 2021 3:55am
Quoting Austyno
{quote} If the sl at be is taken out, then the next buy is at 1.21235 targeting 1.22102
Buy limit active
Risk comes from not knowing what to do
  • #127,529
  • Edited 4:21am Feb 26, 2021 3:56am | Edited 4:21am
Just bought at 1.2125, SL 15 pips TP open. Bottom of a channel and an old support. DXY in a 4h supply zone, about to hit upper TL. Also a TL if you project the last 2 lows on EU. Will get my stop to BE asap if it uplifts.

Edit- attached DXY. 'Should' save bulls
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  • #127,530
  • Feb 26, 2021 3:58am Feb 26, 2021 3:58am
Why do you guys all buy at this level if I may ask?
Another day, another dollar.
  • #127,531
  • Feb 26, 2021 4:00am Feb 26, 2021 4:00am
Quoting nic9man
Why do you guys all buy at this level if I may ask?
Because we all like losing money at the same time Just kidding, it's a support level. But the fact the 4 hour is going to close exactly on it is a red flag to me. Might be a quick loss but it's 100% worth the risk to reward for me
  • #127,532
  • Feb 26, 2021 4:01am Feb 26, 2021 4:01am
Quoting mysterio
Just bought at 1.2125, SL 15 pips TP open. Bottom of a channel and an old support. DXY in a 4h supply zone. Will get my stop to BE asap if it uplifts.
1.2110 is next target

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Trends have a higher probability of continuing than not.
  • #127,533
  • Feb 26, 2021 4:15am Feb 26, 2021 4:15am
Quoting Endoephemera
{quote} Well, looks like things livened up a wee bit. Totally unexpected and fortunately near fully edged my longs, because it will go up... eventually soon. Hoping it will extend down below current low 1.216 because I haven't added to longs yet. Congrats to those who saw reason to short it.
Today made some and then lost it. At this point I'm expecting 1.21 to break. Then I'll long.
Practitioner of the cryptic trading arts
  • #127,534
  • Feb 26, 2021 4:23am Feb 26, 2021 4:23am
This 1 min time frame W is the make or break for bulls. Goodluck If 1.21258 acts as resistance and we break the low, it's definitely dropping much lower today. SL under this W is the safest way to play this trade. If we're going up, we should see consistent 1 min bull candles non stop as algos are buying the crap out of this. any hesitation and slowing now is a big red flag for me
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  • #127,535
  • Feb 26, 2021 4:54am Feb 26, 2021 4:54am
Like I mentioned yesterday, we are testing the open/close of the W pattern on the 15 min chart. As long as this holds, we are about to see explosive bullish buying. I also added yesterdays drop prediction as well (same pattern). If it breaks though, it's all over.

Edit: It broke, if I get stopped I will look to short on the next pullback. Some extremely aggressive selling to close the candle bearish, it can be the final trick to scare bulls. We'll find out soon
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  • #127,536
  • Feb 26, 2021 5:04am Feb 26, 2021 5:04am
Should be all good
  • #127,537
  • Feb 26, 2021 5:12am Feb 26, 2021 5:12am
Sold @ 1.2123

TP 1.2080

Sl 1.2145
  • #127,538
  • Feb 26, 2021 5:14am Feb 26, 2021 5:14am
Stopped , sidelines for now. Unless I see 1.21253 hold as support, I will be shorting there
  • #127,539
  • Feb 26, 2021 5:14am Feb 26, 2021 5:14am
Fellows if you have trades running above 1.2150, i'd close it @1..2110 and enter again. Don't pile up, there will be a cleansing to take out BE.

Careful.
  • #127,540
  • Feb 26, 2021 5:15am Feb 26, 2021 5:15am
Quoting Traderview
Sold @ 1.2123 TP 1.2080 Sl 1.2145
@BE.
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