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  • #130,601
  • Apr 22, 2021 2:33am Apr 22, 2021 2:33am
Quoting Traderview
Either it'll pull back around 1.2068 and it'll take us to below 1.20 or It'll move above 1.21 and start to pull back from 1.2114 - 1.2128 and it'll take it to 1.2080.
Um basically it will go up or down, is that what you're saying? lol...just teasing, and yes I am sure it will do one of those things! However in all seriousness, I suspect that it will meander up to the 1.2061 mark I suspect...I am not seeing a big bear push just yet....my 2 cents!
  • #130,602
  • Apr 22, 2021 2:39am Apr 22, 2021 2:39am
Quoting four.owls
{quote} Um basically it will go up or down, is that what you're saying? lol...just teasing, and yes I am sure it will do one of those things! However in all seriousness, I suspect that it will meander up to the 1.2061 mark I suspect...I am not seeing a big bear push just yet....my 2 cents!
Wait 1 more hr after ecb. It'll GUIDE YOU.
  • #130,603
  • Apr 22, 2021 2:49am Apr 22, 2021 2:49am
Quoting Traderview
{quote} Wait 1 more hr after ecb. It'll GUIDE YOU.
Well admittedly this time of day is not a great time for trading, so yes, by about 7pm my time London has opened properly..market a bit all over the place at the moment and boring!
  • #130,604
  • Apr 22, 2021 3:55am Apr 22, 2021 3:55am
Quoting Ata-Turkoglu
{quote} One last update for H1 before I hit the hay: From here bulls need an H1 candle close above 1.2046.. Otherwise back to 1.2010/25 area.. Hopefully I will continue after London opening.. Happy Asian sessions
Here we are back at previous levels just as I thought and mentioned.. I sell-scalped until now but will wait on side lines to see if bulls show up or not: I expect them somewhere around 1.2002/10! Time will tell..
Focus only on what truly matters!
  • #130,605
  • Edited 6:15pm Apr 22, 2021 4:02am | Edited 6:15pm
Quoting Endoephemera
{quote} Yesterday I established a long and then reversed anticipating a break. Was unable to recover through early Asia. 03:35 Server Time. -2% to start the day. 23:21 ST Recovered some. Equity -1% with 3.4% of account short 1.2033
+1% Equity for today. From current 1.2025 I expect it to drop some more (1.2 at least)
12:55 ST I got completely whipsawed by the rise from 1.202 but still hold my view it will make a new low. Short 1.2038 average now.

23:50 ST. Demo account blown. The "range expansion shake", new low-new high-new low-new highhigh-new lowlow (NL-NH-NL-NHH-NLL) got me. A couple of significant profit opportunities missed in past two days had me frustrated. Irregular and scarce sleep whole week, anxious to recover from yesterday's small loss and with higher than normal profit goal (to bring account to a round number), I increased too rapidly, was impatient and scared. On top of that I was so overconfident I saw fit to be watching videos while the disaster started taking shape. More and more out of balance as whipsaws piled up. Added demo money to the account and managed to continue getting every move wrong, as it happens under the circumstances; nothing new but always interesting to see me do it.

No doubt heavy losses among the high leveraged players; the banksters laughing it up.

Closed all positions and let it go. Took a break, regained focus, started new demo account. +4% in three hours without breaking a sweat. Not all my merit; by then the "Expand-Shake play" was over.
Practitioner of the cryptic trading arts
  • #130,606
  • Apr 22, 2021 4:06am Apr 22, 2021 4:06am
I expect 1.2018 to hold, the downward sloping support looks strong there
Another day, another dollar.
  • #130,607
  • Apr 22, 2021 4:12am Apr 22, 2021 4:12am
H1 Status Update

With patience in mind, it still looks better to buy dips.. The lower edges of my yellow triangle is an optimal buy area imho..

Overall: As long as price stays below 1.20395 no bull continuation.. If you can buy the dips try to take profits each time price nears the bold-dashed lines.. Scalp-selling the bold-dashed line area (upper edge of triangle) is also logical but has to be done carefully!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 30 KB
Focus only on what truly matters!
  • #130,608
  • Apr 22, 2021 4:17am Apr 22, 2021 4:17am
Quoting Ata-Turkoglu
{quote} Here we are back at previous levels just as I thought and mentioned.. I sell-scalped until now but will wait on side lines to see if bulls show up or not: I expect them somewhere around 1.2002/10! Time will tell..

I also got a sell scalp at around 2039, now reversing with buy stop @ 203
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,609
  • Apr 22, 2021 4:22am Apr 22, 2021 4:22am
One more dip to the area ~ 1.2015 to 1.2007 (let's see where it can get, then), and I will give a long one try, TP somewhere reasonable, such as 1.2035, SL right under 1.20.
  • #130,610
  • Apr 22, 2021 4:36am Apr 22, 2021 4:36am
Quoting mtako
{quote} I also got a sell scalp at around 2039, now reversing with buy stop @ 203

IMportant : this is probably just volatility talking both ways for a while


given the very high volatility :


SL at 2011

1)In 5 minutes, needs to be closed above my entry or SL is tightened at 2021 Would then wait for bears to finish and reenter with next setup, if it happens soon enough.

2) moving stop up to 2017 if 20355 is reached

3) THIS being a very time-based volatility trade, things change too fast for good updates. Will do my best.

That being shared. Just want to say hello to all and happy thursday !

Big news in a couple hours !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,611
  • Apr 22, 2021 4:44am Apr 22, 2021 4:44am
Quoting Traderview
Either it'll pull back around 1.2068 and it'll take us to below 1.20 or It'll move above 1.21 and start to pull back from 1.2114 - 1.2128 and it'll take it to 1.2080.
From 1.2120 area o ly to 1.2080? What happened to the good bye kiss?
Another day, another dollar.
  • #130,612
  • Apr 22, 2021 4:45am Apr 22, 2021 4:45am
Quoting mtako
{quote} I also got a sell scalp at around 2039, now reversing with buy stop @ 203

already need to update ! mannn I told myself not to share these as they need to change to adapt live..

Like sharing here too much !

Anyways, now SL is already tightened at 2021

And SL is at BE if 2041 reached
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #130,613
  • Apr 22, 2021 4:49am Apr 22, 2021 4:49am
Quoting nic9man
{quote} From 1.2120 area o ly to 1.2080? What happened to the good bye kiss?
It is being done. Long one is to 1.2170 and the smooch one is up to 1.2068. I mentioned it before, didn't i?
  • #130,614
  • Apr 22, 2021 5:01am Apr 22, 2021 5:01am
Back to more buying dips..
Focus only on what truly matters!
  • #130,615
  • Apr 22, 2021 5:01am Apr 22, 2021 5:01am
Quoting Traderview
{quote} It is being done. Long one is to 1.2170 and the smooch one is up to 1.2068. I mentioned it before, didn't i?
Yes that‘s how you said it. I was just confused by your new forecast that upon breaching 1.2068 the price will reach 1.2120 area and go down to 1.2080 therafter. So if the previous scenario is also still valid it would mean that after 1.2080 you forecast 1.2170 followed by a massive downmove significantly below 1.20. Correct?
Another day, another dollar.
  • #130,616
  • Apr 22, 2021 5:12am Apr 22, 2021 5:12am
My next c@ck-blockers: 1.2060 and 1.2072..
Focus only on what truly matters!
  • #130,617
  • Apr 22, 2021 5:14am Apr 22, 2021 5:14am
Quoting Ata-Turkoglu
My next c@ck-blockers: 1.2060 and 1.2072..
Now there's a new Forex trading word I have not heard before...lol!
  • #130,618
  • Apr 22, 2021 5:21am Apr 22, 2021 5:21am
I think (no matter of the news) the euro will goes down.
  • #130,619
  • Apr 22, 2021 5:21am Apr 22, 2021 5:21am
Quoting nic9man
{quote} Yes that‘s how you said it. I was just confused by your new forecast that upon breaching 1.2068 the price will reach 1.2120 area and go down to 1.2080 therafter. So if the previous scenario is also still valid it would mean that after 1.2080 you forecast 1.2170 followed by a massive downmove significantly below 1.20. Correct?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (445).png Size: 394 KB
  • #130,620
  • Apr 22, 2021 5:26am Apr 22, 2021 5:26am
Quoting Traderview
{quote} {image}
Yes thanks, channel is clear. Now I see where your 1.2169 comes from. But if the price were to break the channel and go to your horizontal resistance at 1.2169 then the previous channel resistance should act as support slightly above 1.21. So I would expect consolidation in this area.
Another day, another dollar.
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