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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 | 486 Posts
my wave analysis indicates sideways move

daily:
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1
  • Post #131,422
  • Quote
  • May 3, 2021 8:45pm May 3, 2021 8:45pm
  •  Godzilla
  • | Joined May 2018 | Status: Member | 486 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
 
1
  • Post #131,423
  • Quote
  • May 3, 2021 9:06pm May 3, 2021 9:06pm
  •  Monk
  • | Joined Mar 2007 | Status: Member | 903 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 | 21,148 Posts
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!
Ata's Trend Hunter V2.0 All Time Return: 10.9%
 
4
  • Post #131,425
  • Quote
  • Edited 11:52pm May 3, 2021 11:31pm | Edited 11:52pm
  •  newbegger
  • Joined May 2011 | Status: Member | 1,403 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
 
2
  • 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 | 1,403 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
 
5
  • Post #131,427
  • Quote
  • May 4, 2021 12:11am May 4, 2021 12:11am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 988 Posts
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!
 
1
  • Post #131,428
  • Quote
  • May 4, 2021 12:22am May 4, 2021 12:22am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 988 Posts
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 | 6,622 Posts
And of course I have to be the sore thumb , good morning all. Buy stop 1.20413
If I don't mention SL and/or TP = longer-term setup possibly in the works!
 
1
  • Post #131,430
  • Quote
  • May 4, 2021 12:40am May 4, 2021 12:40am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,479 Posts
my view
still short / downtrend
sell / sell limit
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  • Post #131,431
  • Quote
  • Edited 5:05pm May 4, 2021 12:41am | Edited 5:05pm
  •  Endoephemera
  • Joined May 2014 | Status: Member | 487 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.
Endo 08 Return This Week: 0.0%
 
1
  • Post #131,432
  • Quote
  • Edited 2:58am May 4, 2021 2:42am | Edited 2:58am
  •  hesron
  • Joined Dec 2012 | Status: Member | 3,506 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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Wickoff is my basic analysis
 
6
  • Post #131,433
  • Quote
  • May 4, 2021 2:56am May 4, 2021 2:56am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Attached Image
Another day, another dollar.
 
 
  • Post #131,434
  • Quote
  • May 4, 2021 3:32am May 4, 2021 3:32am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 988 Posts
One more short from 1.20174, SL 1.2025, TP 1.20015.
 
 
  • Post #131,435
  • Quote
  • May 4, 2021 3:52am May 4, 2021 3:52am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,479 Posts
EU on S (red line),
can be use for Long, but we are in downtrend... will wait for better position for sell
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1
  • Post #131,436
  • Quote
  • May 4, 2021 4:14am May 4, 2021 4:14am
  •  mtako
  • Joined Sep 2020 | Status: Member | 6,622 Posts
bought 2017 sl 1969
If I don't mention SL and/or TP = longer-term setup possibly in the works!
 
1
  • Post #131,437
  • Quote
  • May 4, 2021 4:20am May 4, 2021 4:20am
  •  mtako
  • Joined Sep 2020 | Status: Member | 6,622 Posts
bought 20202, buy stop 20285
If I don't mention SL and/or TP = longer-term setup possibly in the works!
 
 
  • Post #131,438
  • Quote
  • May 4, 2021 4:51am May 4, 2021 4:51am
  •  energies
  • | Joined Jan 2021 | Status: Member | 271 Posts
....watch out longs, the peregrine falcon is back , this time it can go to 1.17xx
Attached Image
 
1
  • Post #131,439
  • Quote
  • May 4, 2021 5:04am May 4, 2021 5:04am
  •  Monk
  • | Joined Mar 2007 | Status: Member | 903 Posts
Closed short nice. Long @ 2010 stop @ 9710
--post hoc ergo propter hoc--
 
 
  • Post #131,440
  • Quote
  • May 4, 2021 5:14am May 4, 2021 5:14am
  •  unrivalledfx
  • | Joined Nov 2013 | Status: Member | 30 Posts
Quoting Monk
Disliked
Closed short nice. Long @ 2010 stop @ 9710
Ignored
stop 9710 r you sure dude??
 
 
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