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  • #129,201
  • Mar 25, 2021 6:23am Mar 25, 2021 6:23am
Quoting tonyb123
{quote} My Fibonacci retracement levels.
Oh I see, thanks for responding
  • #129,202
  • Mar 25, 2021 6:37am Mar 25, 2021 6:37am
Quoting eurusd-thijs
beware of volatility{image} 18:15 it is here in Vatican City
Just wondering why you think that would have any effect on EU?
...because you never know - until you do!
  • #129,203
  • Mar 25, 2021 6:46am Mar 25, 2021 6:46am
Quoting fxsport
{quote} Just wondering why you think that would have any effect on EU?
https://newsquawk.com/zerohedge
came from here and they are about forex but in the repost they now give the themes of the event alsoo and it looks less important
anyway it is a new president but in the past trump could move the eurusd 100 pips although later market ignored him mostly
Trends have a higher probability of continuing than not.
  • #129,204
  • Mar 25, 2021 6:50am Mar 25, 2021 6:50am
Quoting ChrisKyle
{quote} you mean 1.1827 right?
Oops sorry . To clarify... yes 1.1827 and 1. 1750. Also triggered my protective short @ 1.1813 out of respect for that for that close below 1.1800.
I read and watch to learn.
  • #129,205
  • Mar 25, 2021 6:50am Mar 25, 2021 6:50am
Where is the bottom here. I will let the big boys decide 1777 is just close by. let's see i will buy and hold for 205xx
  • #129,206
  • Mar 25, 2021 7:00am Mar 25, 2021 7:00am
Will only buy this if it is above 60s..otherwise risk is 50 to upside and 200 to downside..sell the rips still.

Above 60s still not to late to buy for rebound play. Otherwise still dead cats jumping.
  • #129,207
  • Mar 25, 2021 7:04am Mar 25, 2021 7:04am
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The Average Discount Everything
  • #129,208
  • Mar 25, 2021 7:14am Mar 25, 2021 7:14am
To early for long. Look GDP EU vs US so, lets see on monday, it feel clear directions.
  • #129,209
  • Mar 25, 2021 7:35am Mar 25, 2021 7:35am
crucial moment these few hours ahead. Choose wisely
  • #129,210
  • Mar 25, 2021 8:11am Mar 25, 2021 8:11am
Another 25 to go..
  • #129,211
  • Mar 25, 2021 8:15am Mar 25, 2021 8:15am
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The Average Discount Everything
  • #129,212
  • Edited 8:56am Mar 25, 2021 8:17am | Edited 8:56am
Quoting pipfarm
{quote} Downside target 1784 before any significant up move because Daily/Weekly are corrective and current daily swing is WAVE C so should be an impulse wave down with the daily smaller prior rally showing its internal structure on hourly perfectly with the abc correction then swing 1 down breaking support then abc correction and brake down for continuation down.

Entry was absolutely crap but i got away with it as there was no new high after entry

4 pips to go to target as im writing this


Edit 15.55pm

Target just reached 1784 job done
Follow The Markets Structure - Patience and Discipline
  • #129,213
  • Edited 9:02am Mar 25, 2021 8:35am | Edited 9:02am
Quoting Kyuu
I think this is the last chance for bulls @ 1.179 ... It's my estimated level + bottom of this wedge support line. 15 min support line broke too which is perfect to enter long, hoping this just goes straight up now or at the very worst, makes a slightly lower low before going up. Anything lower than 1.178 and I'll take my loss, my hard stop is at 1.17. still hoping for a 15 min close above 1.183 like I mentioned yesterday, so much accumulation is taking place in my opinion... {image} {image}
Actual last chance for bulls now. This price action for the past 2 days has looked like big time accumulation in my opinion...

My 15 min chart arrow 1 is where I needed price to go above 1.183. We held the resistance line and now have a new low. None of this is really seems impulsive to me and it doesn't seem like any shorts have gotten punished in any way. If shorts were getting punished, I'd be less inclined to be long, but literally no shorts for the past 3 days have been hunted... simply put a stop above the high and you've been safe.
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  • #129,214
  • Mar 25, 2021 8:45am Mar 25, 2021 8:45am
Quoting pipfarm
{quote} Entry was absolutely crap but i got away with it as there was no new high after entry 4 pips to go to target as im writing this
Where'd you come up with that number? Your previous post didn't include that
  • #129,215
  • Mar 25, 2021 8:57am Mar 25, 2021 8:57am
Quoting Kyuu
{quote} ...This price action for the past 2 days has looked like big time accumulation in my opinion... {image}
Long accumulation it may be, but that says nothing about timing; after they are done they can send it dozens of PiPs further to shake out. Those guys don't like company.
Practitioner of the cryptic trading arts
  • #129,216
  • Mar 25, 2021 8:58am Mar 25, 2021 8:58am
Quoting Kyuu
{quote} Where'd you come up with that number? Your previous post didn't include that

Why am i quoting the original post then , look again at the post


and here is the quote from the original post

{quote} Downside target 1784 before any significant up move because Daily/Weekly are corrective and current daily swing is WAVE C so should be an impulse wave down with the daily smaller prior rally showing its internal structure on hourly perfectly with the abc correction then swing 1 down breaking support then abc correction and brake down for continuation down.
Follow The Markets Structure - Patience and Discipline
  • #129,217
  • Mar 25, 2021 9:05am Mar 25, 2021 9:05am
Quoting Endoephemera
{quote} Long accumulation it may be, but that says nothing about timing; after they are done they can send it dozens of PiPs further to shake out. Those guys don't like company.
I agree 100%, it's impossible to predictable time it since they do it when they feel like it. But there's only so many tricks you can play when you are accumulating in my opinion. One can either wait for confirmation or try to enter at a reasonable price and hold. That last hour candle might have done the trick to scare bulls, I'm just analyzing since I'm already in a long. I'm still practicing timing it IF I'm able to find these footprints.
  • #129,218
  • Mar 25, 2021 9:07am Mar 25, 2021 9:07am
Quoting pipfarm
{quote} Why am i quoting the original post then , look again at the post and here is the quote from the original post {quote} Downside target 1784 before any significant up move because Daily/Weekly are corrective and current daily swing is WAVE C so should be an impulse wave down with the daily smaller prior rally showing its internal structure on hourly perfectly with the abc correction then swing 1 down breaking support then abc correction and brake down for continuation down.
You did say it but without a photo, it's difficult to just read and envision what you're saying perfectly especially to those who don't have wave counts on their charts like me
  • #129,219
  • Mar 25, 2021 9:12am Mar 25, 2021 9:12am
Quoting corongumet
{image}its my alternate counting, i think its not (4)
its my plan, keep enjoy, still sideline until reach my target and back to market. (4) and (X) its 2 key for me,
  • #129,220
  • Edited 9:24am Mar 25, 2021 9:12am | Edited 9:24am
I'm watching 1.17 - 1.175 handle on Euro for a potential trend change. Any thoughts?

I have it marked as a daily demand area and will be watching PA in here for a buy signal

People saying accumulation this week..did you mean to say re-distribution ??
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