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  • #130,461
  • Apr 20, 2021 3:03am Apr 20, 2021 3:03am
Quoting Ata-Turkoglu
In my view bulls have achieved what they were up to.. Anything higher than 1.2077 is irrelevant for my calculations.. Time for the wind of change..
1.2021 now target ?
Trends have a higher probability of continuing than not.
  • #130,462
  • Apr 20, 2021 3:07am Apr 20, 2021 3:07am
Quoting eurusd-thijs
{quote} 1.2021 now target ?
Again: I shorted 1.2077.. I don't know what will happen next.. It is always a "maybe"... Nothing for sure..
Focus only on what truly matters!
  • #130,463
  • Apr 20, 2021 3:24am Apr 20, 2021 3:24am
Quoting Beyfor
{quote} The Euro is performing as anticipated. {image}{image}
I always like your charts
But what do you think if the one you market 4, from Jan to early April is a Leading Diagonal, an A correction. We are making the B now, and soon we will see the C going under 1.15 compling the 4 that you mean ?
  • #130,464
  • Apr 20, 2021 3:29am Apr 20, 2021 3:29am
Quoting Ata-Turkoglu
{quote} Again: I shorted 1.2077.. I don't know what will happen next.. It is always a "maybe"... Nothing for sure..
Attached Image
as it finds support on the gann lines i thought,
must be 1.2063 support or meanwhile a little bit lower
1.2054 the ema high m15 says to me
Trends have a higher probability of continuing than not.
  • #130,465
  • Apr 20, 2021 3:31am Apr 20, 2021 3:31am
I stay bullish as long as the price stays above 1.1970. In case of a forceful bearish attack I would expect a rejection in the area 1.2001 - 1.2020. Expect a strong bearish attack after 1.2105-1.2125 has been reached.
Another day, another dollar.
  • #130,466
  • Apr 20, 2021 3:38am Apr 20, 2021 3:38am
Quoting eurusd-thijs
{quote} {image}as it finds support on the gann lines i thought, must be 1.2063 support 1.2054 the ema high m15 says to me
Good luck with your longs.. Below chart shows my thinking and I am short based on my own anticipation..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 32 KB
Focus only on what truly matters!
  • #130,467
  • Apr 20, 2021 3:42am Apr 20, 2021 3:42am
Quoting Ata-Turkoglu
In my view bulls have achieved what they were up to.. Anything higher than 1.2077 is irrelevant for my calculations.. Time for the wind of change..
Good morning fellow traders,

For me also. I have limited my trading significantly for similar reasons. I only take certain trend trades now, and will do so as long as a strong enough rejection breaks this 25h long unwavering momentum.

Sometimes, the least likely scenario, is the most sought after. And I love that.

Volatility has dropped in the last 45m and I would have a potential volatility based entry if it builds up enough in the direction of the trend for minimum 15m.

At the moment it could really go both ways with almost equal chance, in my calculations, but that can change fast! So why buy again? I wait for that to change.


For now, as long as 1940 is not reached, I will still take trend with proper momentum trades as planned.


Momentum alone based, I have a Buy Stop at 1.20782 for now, with a trailing stop starting from 1.20400. Will be changed as the situation evolves.


With this momentum, perhaps price can pursue for a clean break of this daily resistance as soon as now.

Or perhaps this old .2050s daily support level(.2030-2070) will resist and has really become a daily resistance, and this is the end of the bulls for a while or the beginning of another period of ranging for the bears and bulls to figure things out at a picnic.


Quoting mtako
{quote} 40 hit, moved last position at BE and previous at .2012 A strong rejection of 2050 is highly probable, but less when factoring in the strength of both the 4H and the shorter term. To my surprise, have another safe buy FOR ME at .20396 right now. Moving SL at BE if 2050 is hit. Moving on momentum and a potential clean strong break of this VERY important level. {quote}
This is one of my last position which survived and is at BE.

Conveniently, if its SL(.2040) is triggered, my new buy stop at 1.20782 is cancelled.

Many other factors could cancel it out, which I will not share here as there are too many. Have to wait and react !

Hope all of you are well and I wish you a great trading day !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,468
  • Apr 20, 2021 4:48am Apr 20, 2021 4:48am
If 1.2043 supports we have a megaphone and trend will likely continue one step higher
Another day, another dollar.
  • #130,469
  • Apr 20, 2021 5:37am Apr 20, 2021 5:37am
Still too many retail sellers.. Not good for bears! Just to be careful and not to invest too much in selling (yet) I am closing my sell order here at 1.2052 with +25 pips.. Will wait on side lines to keep buying dips (rinse and repeat style) but I also will keep scalp selling for a while.. At these levels and while above 1.2015 it is a mixed day for me..
Focus only on what truly matters!
  • #130,470
  • Apr 20, 2021 5:47am Apr 20, 2021 5:47am
Got an entry here 531, will move SL at BE if 585 is reached.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,471
  • Apr 20, 2021 6:01am Apr 20, 2021 6:01am
Moving some SLs further, yesterdays 2026 long for a gain of -+10 which will average this potential loss of -+16, and cashing in on one of my longs + 193, if 1.2036 is reached here.

If we are not starting to range or reverse, this has a decent chance of being the bottom of a pullback.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,472
  • Apr 20, 2021 6:16am Apr 20, 2021 6:16am
1.2062 area is my next scalper-sell area..
Focus only on what truly matters!
  • #130,473
  • Apr 20, 2021 6:19am Apr 20, 2021 6:19am
exited my longs for +82 and +75

still think we will go higher but there is a retrace. on sidelines
  • #130,474
  • Apr 20, 2021 6:23am Apr 20, 2021 6:23am
Quoting Ata-Turkoglu
1.2062 area is my next scalper-sell area..
completely agree. 10 pip scalp ? or down to 2041 ?
  • #130,475
  • Apr 20, 2021 6:30am Apr 20, 2021 6:30am
Quoting Godzilla
{quote} completely agree. 10 pip scalp ? or down to 2041 ?
I have 1.2045 as short exits for now.. But if price touches 1.2041 then I would expect price to go even deeper.. Let's see..
Focus only on what truly matters!
  • #130,476
  • Apr 20, 2021 6:32am Apr 20, 2021 6:32am
Quoting Ata-Turkoglu
1.2062 area is my next scalper-sell area..
TP @1.2045, what about SL?
  • #130,477
  • Apr 20, 2021 6:37am Apr 20, 2021 6:37am
if 1 is last week close, rest are understood

Attached Image
  • #130,478
  • Apr 20, 2021 6:40am Apr 20, 2021 6:40am
Quoting Eagle-Eye
{quote} TP @1.2045, what about SL?
People here already know my stop loss logic.. I generally use 24 pips initial SL when I trade the M15.. And nowadays set my initial SL to 35 pips for H1.. These don't change if it is a scalper or normal order since I often start to trail once profit becomes +10 pips or higher.. And all my stops are mental.. So I can have some tolerating space in case broker comes after me.. I hope it clarifies
Focus only on what truly matters!
  • #130,479
  • Edited 7:25am Apr 20, 2021 6:47am | Edited 7:25am
candle tf h1 close above 1.20617 is better for bulls .... The structure at TF Weekly is in the process of making a swing high and hasn't finished so the bullish potential is still very strong .... tf weekly resistance retest is very possible because the fundamental condition of USD is still very weak with an inflation rate of 1.7%
Attached Image (click to enlarge)
Click to Enlarge Name: c660577e9e59492d1705595039c3c07c.png Size: 95 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 04ebfebbb999e42f7a495013460e93e8.png Size: 96 KB
The Average Discount Everything
  • #130,480
  • Apr 20, 2021 7:00am Apr 20, 2021 7:00am
Bullish engulfing on H1 just failed
Another day, another dollar.
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