EURUSD only

Thanks!!! Makes sense. I’m starting to refresh myself with fins and trying to trade just off the main lines. Or close to it. Practicing looking from the weekly on down to the 15 min chart and go with the over all trend of the last 3 major times - 1, 4hr and daily and trade in that trend. Of course I’ve been stupid from the beginning and have feelings which rarely pan out. Really just having fun with it now and trying to soak as much in way more then last time I was following along.

Trading very small positions 10-30k with some tight stops do not exactly painful decisions. Not like when I first tried and leverage was 500:1 lol. There you could get hurt just talking a pee

Everyones got different trading strategies, mine has sucked for the past week because I've really had no opportunity since I don't have a reliable support/resistance line (markets were making one for me). Now one finally comes and I'm pissed I missed it, but who knows I can be wrong. If the next few 15 min candles are bullish, I deserve to miss it for not being ready/greedy with my entry. Then I will pray for a pullback, but often times if market move at this time (17:00) , they don't offer a pullback and take off without you so you can't be in it

I would've entered there with a literal 3 pip SL , but I can't since the spread if ridiculous. My 3 pip SL would be 10 pips which is honestly not bad, for some reason I just can't do it. I'm practicing now to minimize my risk, so I'd rather wait for a pullback and minimize my risk that way or get a 3rd low entry.

If I see straight bullish price action from here (most likely the case IMO) and we hit some price like 1.1940, I will expect a pullback to 1.1916 - 1.1918. Otherwise, I will expect a lower low before going up (and if that low I have drawn breaks, it should spike quickly before reversing IMO). I don't see this to be bearish yet until I see a signal. Let's see what happens

I am watching all your posts since you came here.. I finally feel the need to kindly warn you in the name of all members: Nobody here is interested in your misery and nobody needs constant negativity.. Please focus on sharing valuable info around EURUSD, that's all this thread is about.. Thanks..

How am I being negative? I'm actively sharing all my analysis on the big time frame and small time frame. The fact that I take responsibility for mistakes is much better than blaming something, it's the only way to improve. I'm here to improve and I'm not trying to bring anyone else down, I'm not sure where you're getting that from. When I ask you questions about things like your mofu candle, you for some reason brush me off like I'm not your follower or haven't read your strategy thread. Did I do something wrong to you or something? I don't think anyone is seeing my posts as negative besides you. I'll just post my entries if my posts are bothering you.

All I said there is that my strategy has sucked for the past week which is true, not all strategies are perfect. It was just a fair statement to make to Monk that even though I'm telling him my thought process and it makes sense, my strategy has not given me anything for the last week. I think we're all here to share the ups and downs of profits and emotions to encourage each other to keep growing as individuals/traders of EURUSD long term, if that's not the community you want and you want strictly EURUSD posts only then I will strictly only post that. I have no hard feelings, I just didn't think you were upset at me in anyway

Ditch the negativity in your posts.. be technical and cheerful as much as you can.. We will thank you for that.. Mood is a big and important part in trading.. Thanks

Ok, I think it was just a misunderstanding but I'll be more active in eliminating negativity in my posts. I think it may just be the text coming off as wrong, but I try to post my losses too so I can learn from it/maybe others can too because the suns not always shining in the trading world and it can sometimes rain for days. In those kinds of posts, I'll orient them in a more positive way because I do feel bitter about my losses, but my intention of posting is for my learning/potentially help someone else to not make the mistake I did

Based on H1, bulls will hope that 1.1906 keeps supporting.. I leave my long order open.. Hopefully I continue tomorrow after Frankfurt opening.. Happy trading to Asian session traders.. Cheers

Hi all,

and what do you think, when the price will go again above 1.19850 ?

Yes please.. protect your positive mood at all cost and never become bitter because it spreads like a plague.. Wishing you the very best..

added this image to the page

I think tomorrow will be a very important day despite there being no news, I feel a big move is coming

(Picture 1: Weekly) The horizontal line my arrow is pointing to wicked lower, but never closed beneath for weeks. After we quickly tested horizontal level above it, we smashed through and closed firmly beneath the horizontal level my arrow points to. Because of that, I expected last week to be bearish but we ended with a bullish weekly candle. That support line that is drawn is something I don't really trade off of, but we broke below and closed above it. This week, we are currently towards the horizontal line below my arrow. I believe tomorrow, we will either

1.) Close and engulf the bull candle and make a bearish weekly making lower lows (whipsaw of the support line)
2.) Close above the horizontal line and be the potential start of extremely bullish price action (potential flag?)
3.) Close around where it's at now, and next week we may get a higher high before continuing downwards

My Bias: Long term Bearish, but could potentially re-test the horizontal line that took 4 weeks to break first before dropping, but that would make the bearish move I expect much weaker than I believe it should be.. FOMC could've simply been a massive short accumulation to drop it tomorrow, but we'll see

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(Picture 2: 4H) The broken resistance as support and the actual support line lines up pretty close together in the box I drew my arrow which kinda screams to me WARNING. I sometimes like areas of confluence as it gives me more reasons to enter, but so does everyone else and not everyone can win.. sooo

I'm currently trying to buy there IF price makes it there and I see one of my patterns, but I have no problem looking for a short if that box breaks/we close a 4H below my horizontal line that we are currently wicking. I may even enter a short if I see a M form sometime towards the end of Asian session anticipating that.

If price doesn't make it there and we just go up from here and keep going up until London session, I'll look for a market manipulation pullback to enter long around then.

I'm also gonna be wary of both the resistance and support line wicking by 10 pips before actually going up as a big stop hunt.

Bias: Temporarily Bullish, but waiting to see what price does at any of my areas before reacting.
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(Picture 3: 1 min) Price made one of my patterns below the horizontal line (box), but we've barely moved from the price and the angle of this is complete buttcheeks. Had I been long, I'd take my profit now to be safe as I believe this wasn't the impulse move and would look to re-enter long if my bias is still that (It still can be, but Asian session makes it slow? Ill take note on this if it does actually go up).

If we do manage to break below the box area somehow, I will look for my pattern and only long if price does not explode downwards. If this box area gets absolutely crushed (which happens when one of my patterns break), I believe a greater force wants this to go down. If so, I may take a scalp long 15-20 pips below because I believe there will be a pullback before the market continues downwards, but I'd 100% enter short and hold for the rest of the day.

Bias: Bearish since this bull move has been extremely weak from what I was expecting.

~

Or we can have an absolute potato nothing day Who knows

How chart look like

How I see chart

Double top has formed at the important price zone (1.19900)

If the price goes down below 1.18800 and makes a new lower low, bulls are done.

If the bulls somehow manage to break 1.19900, they may still have chance to continue.

4H closed below the important horizontal level, waiting to see how 1.19026 area reacts before making a decision. If it bounces, I will wait for a stop hunt to enter. If it immediately breaks, I will look for a place to short

good morning and good night for everyone

Its look like divergence acc/distribution indicator

Last trade stopped out. Still thinking short so trying again. Last attempt at it

This in an important channel to view

time to Buy, TP 1.977

bulls close abve 1923 - bull bias
bears close below 1881 - bear bias

still many opportunities for bulls to reach new highs but must start to break this downtrend. have longs in play circa 1940 that are in deep negative territory