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Post #131,421
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May 3, 2021 8:44pm May 3, 2021 8:44pm

Godzilla
| Joined May 2018 | Status: Member | 484 Posts

my wave analysis indicates sideways move

daily:

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Post #131,422
Quote
May 3, 2021 8:45pm May 3, 2021 8:45pm

Godzilla
| Joined May 2018 | Status: Member | 484 Posts

Quoting Godzilla

Disliked

my wave analysis indicates sideways move daily: {image}

Ignored

im short to 2020. expecting bounce from there to 2100s.

good luck to all

Post #131,423
Quote
May 3, 2021 9:06pm May 3, 2021 9:06pm

Monk
| Joined Mar 2007 | Status: Member | 892 Posts

Quoting Godzilla

Disliked

{quote} im short to 2020. expecting bounce from there to 2100s. good luck to all

Ignored

there with you short @ 2060 tp @ 2025 sl @ 2080

--post hoc ergo propter hoc--

Post #131,424
Quote
May 3, 2021 11:18pm May 3, 2021 11:18pm

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 17,439 Posts | Online Now

I keep updating my Tradingview H4 chart.. We can see that bears took control.. I got rid of my long entry from 1.2055 with +3 pips profit and switched back to selling.. But I will be watching on side lines until we see some volume.. Until then: Zzzzzz..

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Be a seer, not a looker!

Post #131,425
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Edited at 11:52pm May 3, 2021 11:31pm | Edited at 11:52pm

newbegger
Joined May 2011 | Status: Member | 1,398 Posts

I covered my long trades and starting a short position in my swing account.

Still holding the shorts in my long term account, which went in the red a little after this big bull move but I did not close. As Jessie used to say, "sit tight when you know your right."

Just in time to "sell in May and go away". It does not always work but as you see on the chart, it has worked 6 out of 8 on the chart below. Pretty good odds.

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Ecclesiastes 1:9

Post #131,426
Quote
Edited May 4, 2021 12:09am May 3, 2021 11:51pm | Edited May 4, 2021 12:09am

newbegger
Joined May 2011 | Status: Member | 1,398 Posts

Quoting newbegger

Disliked

I covered my long trades and starting a short position in my swing account. Still holding the shorts in my long term account, which went in the red a little after this big bull move but I did not close. Asa Jessie used to say, "sit tight when you know your right." Just in time to sell in May and go away. It does not always work but as you see on the chart, it has worked 6 out of 8 on the chart below. Pretty good odds. {image}

Ignored

I am not posting much these days. I don't think I have much left to offer here as I am too tired to scalp anymore. Swing trades and long term only and that means less time in the chat rooms and my trades are days old sometimes before I remember to post. I started a couple of threads in forex factory awhile back to offer free advise to new traders. To help others build their fortunes. Some new traders people commented back but the Can't Do people took over and discouraged me from continuing.

To win at this game, you need to get your mindset aligned with how the markets work with trading.

But tonight, I posted almost a live trade as I did not check charts until an hour ago. Best of luck to you all. I am staying short for May, then probably cash out until August. August has usually been good to me,

Ecclesiastes 1:9

Post #131,427
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May 4, 2021 12:11am May 4, 2021 12:11am

yvestrcz
| Joined Mar 2020 | Status: Member | 575 Posts | Online Now

Okay, just like many of you, I am short from 1.2040, TP 1.2025, SL @ BE at the time of writing. This one could be pretty flawless, but let's see how it goes. Have a great day everyone!

Post #131,428
Quote
May 4, 2021 12:22am May 4, 2021 12:22am

yvestrcz
| Joined Mar 2020 | Status: Member | 575 Posts | Online Now

Quoting yvestrcz

Disliked

Okay, just like many of you, I am short from 1.2040, TP 1.2025, SL @ BE at the time of writing. This one could be pretty flawless, but let's see how it goes. Have a great day everyone!

Ignored

Edit: SL 1.20435.

Post #131,429
Quote
May 4, 2021 12:31am May 4, 2021 12:31am

mtako
Joined Sep 2020 | Status: Member | 1,611 Posts

And of course I have to be the sore thumb

, good morning all. Buy stop 1.20413

Post #131,430
Quote
May 4, 2021 12:40am May 4, 2021 12:40am

josip
Joined Dec 2015 | Status: Member | 405 Posts

my view
still short / downtrend
sell / sell limit

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Post #131,431
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Edited at 5:05pm May 4, 2021 12:41am | Edited at 5:05pm

Endoephemera
| Joined May 2014 | Status: Member | 443 Posts

Quoting Endoephemera

Disliked

... Account -4% Looking to go short. and out -4%

Ignored

07:40 Server Time. Long 1.2038 to begin with. No reason other than it has dropped all Asia session. 1.202 possible but should support. Upside to 1.208 possible.
08:30 ST Increased long, heavy, 1.2035 tight SL
10:14 ST Long failed. Fully hedged running -3.6% on equity. Looking to go net short on retrs. ...net short
23:59 ST -4.1% on equity. Long 1.2005

Temperance (restraint in action, thought or feeling) is a virtue.

Post #131,432
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Edited at 2:58am May 4, 2021 2:42am | Edited at 2:58am

hesron
Joined Dec 2012 | Status: Member | 1,907 Posts

retail should be clustered like a flock of sheep, like in this group .... but support and remind each other well .... because retail cannot move prices, retail can only follow what smart money is making .... following changes in the behavior and character of the smart money .... retail only hitched a ride in the smart money market .... only flakes of ash in the market .... And we must remember that prices can be manipulated at any time, but the major trends are difficult to manipulate (that's R.D Wyckoff's word, so it's not mine)
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