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  • Post #128,401
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  • Mar 10, 2021 10:19am Mar 10, 2021 10:19am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,513 Posts
We might get a price reversal at 1.18900
 
 
  • Post #128,402
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  • Mar 10, 2021 10:43am Mar 10, 2021 10:43am
  •  Kyuu
  • | Joined Dec 2020 | Status: Member | 680 Posts
Quoting Kyuu
Disliked
Will it hold? I say no, we didn't even have a strong drop reaction at this point. I expected at least a 10 pip instant drop and was expecting a potential M, we're still crawling up. For now, I'm still holding my long even though I expected the week to be extremely bearish and we're near the turning point for bears to continue. There's many upcoming broken supports and resistance lines (from our falling wedge we had before the instant drop after Powell's speech) , but I am holding a long until I see actual signs of strong bears {image}
Ignored
In hindsight, I didn't realize we were ranging above 1.1915 for a few minutes before this drop occurred, that was the signal I was waiting for on a smaller time frame but got caught zoomed in. I'm hoping for a 2nd leg M now to enter short or else I just flat out missed a very obvious signal for myself. Sucks that I anticipated this and got stuck being too zoomed in, hopefully I will get another chance with a 2nd leg M
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  • Post #128,403
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  • Mar 10, 2021 10:45am Mar 10, 2021 10:45am
  •  tonyb123
  • Joined Jun 2009 | Status: Member | 1,730 Posts
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MY GRID. Markets are NOT random.
 
 
  • Post #128,404
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  • Mar 10, 2021 11:05am Mar 10, 2021 11:05am
  •  Endoephemera
  • Joined May 2014 | Status: Member | 499 Posts
Quoting Endoephemera
Disliked
Some dude put tens of millions into breaking resistance. Which I guess he made back opposing a second leg up to 1.1925. Now if we get some down retr. [1.191] I'll lend a hand to the up side.
Ignored
We are in the middle of a correction inside the upside correction. There is both more down and more upside to do before down resumption. I'm playing the long side at this point.
Temperance (restraint in action, thought or feeling) is a virtue.
 
 
  • Post #128,405
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  • Mar 10, 2021 11:21am Mar 10, 2021 11:21am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,513 Posts
Looks like the the Eurusd will continue selling down
 
 
  • Post #128,406
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  • Mar 10, 2021 11:38am Mar 10, 2021 11:38am
  •  basit1
  • | Joined Jul 2015 | Status: Member | 244 Posts
Sold at 1.18950 with stop at 1.19230.

Will sell more until 1.1907 with tight stops

Targeting 100 pips .
 
 
  • Post #128,407
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  • Mar 10, 2021 11:42am Mar 10, 2021 11:42am
  •  sclpzmalay
  • Joined Jun 2010 | Status: scalperzmania forex hymnology | 319 Posts
Support awaits at the daily low of 1.1868, followed by the 2021 trough of 1.1836. A weak cushion awaits at 1.1815, with stronger support at 1.18 – a psychologically significant level, followed by 1.1750. All were in play in late 2020. Some resistance is at the daily high of 1.1902, followed by 1.1915, Tuesday's high point. It is followed by 1.1950 and 1.1990
study of behavior and mind,conscious and unconscious
BasketMasterBOT@Scalperzmania Return Today: -3.8%
 
 
  • Post #128,408
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  • Mar 10, 2021 11:56am Mar 10, 2021 11:56am
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts
Wave 4 failure zone

system went on sell with the Maroon Fake out - moratorium up till 1.1960

Crack Ho has some room to 94+, currently at 75
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  • Post #128,409
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  • Mar 10, 2021 12:19pm Mar 10, 2021 12:19pm
  •  eurusd-thijs
  • Joined Jul 2020 | Status: Member | 955 Posts
When ECB comes a few hours before the happening price
often return to the daily pivot, the neutal zone.
As at the moment price hangs around 1.1900 and
still some hours to go it could be
1.1900 tomorrows daily pivot.
Trends have a higher probability of continuing than not.
 
 
  • Post #128,410
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  • Mar 10, 2021 12:48pm Mar 10, 2021 12:48pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,469 Posts
Testing waters: Just scalper-sold 1.1912... Stops must go at least 20 pips above entry level..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 31.0%
 
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  • Post #128,411
  • Quote
  • Mar 10, 2021 1:02pm Mar 10, 2021 1:02pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,469 Posts
Quoting Ata-Turkoglu
Disliked
Testing waters: Just scalper-sold 1.1912... Stops must go at least 20 pips above entry level..
Ignored
Closed with +10 pips.. (several tiny losses from today's choppy phase recovered)
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 31.0%
 
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  • Post #128,412
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  • Mar 10, 2021 1:20pm Mar 10, 2021 1:20pm
  •  gmettler
  • | Joined Jan 2021 | Status: Member | 31 Posts
I've spent several hours over the past two weeks in the Effortless Trading Explained thread learning your system Ata and doing my best to replicate your 1H chart for myself. Thank you so much for taking the time to lay it all out there and for continuing to post daily updates with charts here.

The continual downward movement from March 3rd through yesterday has been fairly straight forward to trade using red lines as short entry points. Rinse and repeat as you say. I don't have a consistent way to judge TP points however and would welcome any comments you might make about judging those if there are repeatable levels similar to the entry lines.

In the past day and a half however the price moved across the green line and then has been hovering on either side of it for a period of sideways trading. It seems to me that the probability of success for trades at the first red or blue line after a green line crossover is a lot lower. I know that during the past day and a half you have dropped down to the 15M chart and looked for scalp positions (such as your current short at 1.1912 and your short last night at 1.1893) that would seem to go contrary to the position of price relative to the green line on the 1H. I have not replicated your system on my 15M yet and don't have a feel for what signs you are using to enter these when the immediate trend is less clear.

Would you mind commenting on my 1H chart below and correct anything that is not drawn right. I know that my green line is similar to yours but not exactly aligned - my parameters are LWMA, 30 period, shift 1. Also, could you give any brief insights into how you look for entries when price on the 1H is straddling the green line.

Attachment 3885761
 
 
  • Post #128,413
  • Quote
  • Mar 10, 2021 1:28pm Mar 10, 2021 1:28pm
  •  ursinho4711
  • Joined Nov 2019 | Status: Member | 1,121 Posts
Quoting Ata-Turkoglu
Disliked
(several tiny losses from today's choppy phase recovered)
Ignored

Ursinho sais: choppy good for grid-trading. Howgh!

(I don't count pips: 2.1% plus on basket)
 
1
  • Post #128,414
  • Quote
  • Mar 10, 2021 1:28pm Mar 10, 2021 1:28pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,469 Posts
M15 Status Update

It is a choppy day for sure.. and it is weird but for now I have to keep selling 1.1913 aggressive sell level based on current situation.. Stops always have to go at least a little above 1.1933..
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 31.0%
 
2
  • Post #128,415
  • Quote
  • Mar 10, 2021 1:32pm Mar 10, 2021 1:32pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,469 Posts
Quoting gmettler
Disliked
I've spent several hours over the past two weeks in the Effortless Trading Explained thread learning your system Ata and doing my best to replicate your 1H chart for myself. Thank you so much for taking the time to lay it all out there and for continuing to post daily updates with charts here. The continual downward movement from March 3rd through yesterday has been fairly straight forward to trade using red lines as short entry points. Rinse and repeat as you say. I don't have a consistent way to judge TP points however and would welcome any comments...
Ignored
Avoid system talk here please.. we only trade here and I stopped answering questions since followers should be able to built on what was provided so far.. I never provided a system.. I provided insights and golden nuggets.. What you do with it is totally up to you.. Built your own working bits on the method.. I do that every day, perfecting the ideas into a system.. And members see the outcome every day on what I share here.. We better keep sharing info about current EURUSD charts.. That's what I do.. Stay focused! Cheers
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 31.0%
 
5
  • Post #128,416
  • Quote
  • Mar 10, 2021 1:37pm Mar 10, 2021 1:37pm
  •  gmettler
  • | Joined Jan 2021 | Status: Member | 31 Posts
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Size: 37 KB


Seems my attempt at attaching chart to previous post did not work
 
 
  • Post #128,417
  • Quote
  • Mar 10, 2021 1:40pm Mar 10, 2021 1:40pm
  •  ekememj
  • | Joined Jun 2020 | Status: Member | 16 Posts
Quoting gmettler
Disliked
I've spent several hours over the past two weeks in the Effortless Trading Explained thread learning your system Ata and doing my best to replicate your 1H chart for myself. Thank you so much for taking the time to lay it all out there and for continuing to post daily updates with charts here. The continual downward movement from March 3rd through yesterday has been fairly straight forward to trade using red lines as short entry points. Rinse and repeat as you say. I don't have a consistent way to judge TP points however and would welcome any comments...
Ignored
Good evening please can you post the the link So i can go and look it out and study it to thanks help a brother
1
 
  • Post #128,418
  • Quote
  • Mar 10, 2021 1:46pm Mar 10, 2021 1:46pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,469 Posts
Quoting ekememj
Disliked
{quote} Good evening please can you post the the link So i can go and look it out and study it to thanks help a brother
Ignored
The link is already provided on page 1 of this thread..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 31.0%
 
 
  • Post #128,419
  • Quote
  • Mar 10, 2021 1:50pm Mar 10, 2021 1:50pm
  •  gmettler
  • | Joined Jan 2021 | Status: Member | 31 Posts
Quote
Disliked
Avoid system talk here please.. we only trade here and I stopped answering questions since followers should be able to built on what was provided so far.. I never provided a system.. I provided insights and golden nuggets.. What you do with it is totally up to you.. Built your own working bits on the method.. I do that every day, perfecting the ideas into a system.. And members see the outcome every day on what I share here.. We better keep sharing info about current EURUSD charts.. That's what I do.. Stay focused! Cheers

Alright. I understand that you never signed up for ongoing free hand holding to all questioners. Please know that I have spent many hours off of the boards working to understand the insights you provided and integrate them into my own system. I am not looking to be a simple copycat without thinking on my own part or to be spoon fed in every detail. Because the other board is no longer active however I thought I would ask for a little bit of feedback to be sure that I have understood what I've learned so far correctly and to try to take the next step. I respect that you don't want to clog this board up with "lessons" or commit to giving advice to everyone. In the future I'll try posting my own observations and invite others' feedback. That's a key ingredient in my own learning and why I come here.
1
1
  • Post #128,420
  • Quote
  • Mar 10, 2021 1:55pm Mar 10, 2021 1:55pm
  •  basit1
  • | Joined Jul 2015 | Status: Member | 244 Posts
Quoting basit1
Disliked
Sold at 1.18950 with stop at 1.19230. Will sell more until 1.1907 with tight stops Targeting 100 pips .
Ignored

Leaving my trades open for the night. I hope I get my 100 pips tomorrow.
 
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