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  • Post #131,541
  • Quote
  • May 5, 2021 9:58am May 5, 2021 9:58am
  •  josip
  • Joined Dec 2015 | Status: Member | 821 Posts
Quoting LucasT
Disliked
{quote} Daily candle looks dark to me
Ignored
I can't trade by candles.. it says nothing to me
 
 
  • Post #131,542
  • Quote
  • May 5, 2021 10:16am May 5, 2021 10:16am
  •  Monk
  • | Joined Mar 2007 | Status: Member | 903 Posts
Quoting SnaveForex
Disliked
Sub 1.20 overnight or in 24 hours exactly 1978 The crystal ball is all screen time. That area might prove hectic for an aggressive PA imho 100 and 200 ema/ roughly 32 fib of the impulsive move from 1718 we blast through it fine otherwise.... {quote}
Ignored
damn...very very close to the 1978
--post hoc ergo propter hoc--
 
 
  • Post #131,543
  • Quote
  • May 5, 2021 10:17am May 5, 2021 10:17am
  •  LucasT
  • | Joined Jun 2015 | Status: Member | 406 Posts
Quoting corongumet
Disliked
{quote} Why you doubt? Remember. Last friday how much it can be moved. So there is possible. We must be patient about possibility. You must follow your plan and i follow my plan. I have a sell order from higher price. And i will add more ASAP estimate at the price. If not? I want to headging at 1.1930 so i have a profit long or short
Ignored
Last Friday is exaggeration. Monthly weekly daily closing all at once.
Fundamental provide Volume, Technical shows Direction
 
 
  • Post #131,544
  • Quote
  • May 5, 2021 10:24am May 5, 2021 10:24am
  •  corongumet
  • Joined Dec 2018 | Status: Trading For Living | 1,457 Posts
Quoting LucasT
Disliked
{quote} Last Friday is exaggeration. Monthly weekly daily closing all at once.
Ignored
it gives a signal that it might happen, even though 0.01% happens.

We must open minded. And we must cool for all possibilities.
Learn and learning
EA XAU Ticmill All Time Return: 430.7%
 
 
  • Post #131,545
  • Quote
  • Edited at 10:56am May 5, 2021 10:30am | Edited at 10:56am
  •  josip
  • Joined Dec 2015 | Status: Member | 821 Posts
what the textbooks say about trading about this pattern ???

short or long
Attached Image (click to enlarge)
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Name: 2021-05-05_16-27-10.jpg
Size: 301 KB
 
1
  • Post #131,546
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  • May 5, 2021 10:46am May 5, 2021 10:46am
  •  LucasT
  • | Joined Jun 2015 | Status: Member | 406 Posts
Quoting josip
Disliked
what the textbooks say about trading about this feature ??? short or long {image}
Ignored
Higher high then lower high. Is it short?
Fundamental provide Volume, Technical shows Direction
 
 
  • Post #131,547
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  • May 5, 2021 11:00am May 5, 2021 11:00am
  •  Fxtrader0
  • | Joined Oct 2020 | Status: Member | 28 Posts
Quoting corongumet
Disliked
{quote} Why you doubt? Remember. Last friday how much it can be moved. So there is possible. We must be patient about possibility. You need to follow your plan and i follow my plan. I have a sell order from higher price. And i will add more ASAP at my estimate price If not? I want to headging at 1.1930 so i have a profit long or short
Ignored
all is possible.but lately US data is coming positive and tomorrow NFP expected +
and the trend of euro is down...i missed shorting from 1.21+...
i think if tonight eurusd will not go higher than that,most probably tomorrow bear pressure will start and it may lead to 1.15+
 
1
  • Post #131,548
  • Quote
  • May 5, 2021 11:01am May 5, 2021 11:01am
  •  raghu4134
  • | Joined May 2020 | Status: Member | 3 Posts
I think we are looking at potential reversal in formation. Any thoughts

https://charts.mql5.com/28/661/eurus...-limited-3.png
 
1
  • Post #131,549
  • Quote
  • May 5, 2021 11:30am May 5, 2021 11:30am
  •  ark-
  • | Joined May 2021 | Status: Junior Member | 1 Post
Hi Everyone, I will be glad to become part of this family. I dont know why, but I feel really comfortable with EUR/USD. Thought I may learn useful things and find good friends here. Regards, Araz
 
4
  • Post #131,550
  • Quote
  • May 5, 2021 11:46am May 5, 2021 11:46am
  •  mysterio
  • | Commercial Member | Joined Sep 2009 | 4,842 Posts
Quoting josip
Disliked
what the textbooks say about trading about this pattern ??? short or long {image}
Ignored
Falling wedge, the textbook says buy on the breakout long, beware of TRAPS though

Quoting raghu4134
Disliked
I think we are looking at potential reversal in formation. Any thoughts {image}
Ignored
I believe long in the short term, being in daily and 4h demand zone. DXY really struggling with 91.4
 
 
  • Post #131,551
  • Quote
  • Edited at 12:08pm May 5, 2021 11:54am | Edited at 12:08pm
  •  josip
  • Joined Dec 2015 | Status: Member | 821 Posts
according to the picture we should buy
I'm curious about the fact

my possition is still short
Attached Image (click to enlarge)
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Name: 1.jpg
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1
  • Post #131,552
  • Quote
  • May 5, 2021 11:56am May 5, 2021 11:56am
  •  Candleness
  • | Joined Oct 2019 | Status: Member | 19 Posts
Quoting josip
Disliked
{quote} I can't trade by candles.. it says nothing to me
Ignored
Mind sharing what you make use of?
Process is the kernel of trading.
 
 
  • Post #131,553
  • Quote
  • May 5, 2021 12:13pm May 5, 2021 12:13pm
  •  LucasT
  • | Joined Jun 2015 | Status: Member | 406 Posts
Quoting josip
Disliked
according to the picture we should buy I'm curious about the fact my possition is still short {image}
Ignored
Thanks fr the info bro. Better picture now so much consolidation going on at the moment.
Fundamental provide Volume, Technical shows Direction
 
 
  • Post #131,554
  • Quote
  • May 5, 2021 12:18pm May 5, 2021 12:18pm
  •  drakoczy
  • | Joined Feb 2020 | Status: Member | 50 Posts
Quoting raghu4134
Disliked
I think we are looking at potential reversal in formation. Any thoughts {image}
Ignored
Probably not yet. But before the next big dive I assume some high spikes.
Withdrawal makes your profit real.
 
 
  • Post #131,555
  • Quote
  • May 5, 2021 12:27pm May 5, 2021 12:27pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 18,679 Posts
From here, all is up to if 1.2005 resists or not..
Be a seer, not a looker!
Ata's Trend Hunter V1.2 All Time Return: 176.0%
 
2
  • Post #131,556
  • Quote
  • May 5, 2021 12:31pm May 5, 2021 12:31pm
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 2,567 Posts
Quoting Wavegarrick
Disliked
{quote} Hi Guys, So far short trades remain the order of the day for me. I keep looking for short opportunities. 1.20000 is crux for bears. Trade safe, Cheers. {image}
Ignored
Hi Guys,
All I can say is patience and more patience. All looking good with all trades locked in. My weekly sup 1 at 1.19789 looking inviting and also the 38.2% fib retrace of the recent upswing at 1.19785.
Have a great week,
Cheers.
Attached Image (click to enlarge)
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Size: 91 KB
Trade to Trade another day.
 
9
  • Post #131,557
  • Quote
  • May 5, 2021 12:34pm May 5, 2021 12:34pm
  •  corongumet
  • Joined Dec 2018 | Status: Trading For Living | 1,457 Posts
Quoting Fxtrader0
Disliked
{quote} all is possible.but lately US data is coming positive and tomorrow NFP expected + and the trend of euro is down...i missed shorting from 1.21+... i think if tonight eurusd will not go higher than that,most probably tomorrow bear pressure will start and it may lead to 1.15+
Ignored
I never talk it can be reach tonight or today. Just Opinion, and its my plan if we reach 1.1930 its possible long from here, and i change my plan. 60pips - 80 pips it not possible. I know price 1.15 its my target, but its need to correction before back to down.
ASAP i will give the chart
Learn and learning
EA XAU Ticmill All Time Return: 430.7%
 
1
  • Post #131,558
  • Quote
  • May 5, 2021 12:36pm May 5, 2021 12:36pm
  •  corongumet
  • Joined Dec 2018 | Status: Trading For Living | 1,457 Posts
Quoting Wavegarrick
Disliked
{quote} Hi Guys, All I can say is patience and more patience. All looking good with all trades locked in. My weekly sup 1 at 1.19789 looking inviting and also the 38.2% fib retrace of the recent upswing at 1.19785. Have a great week, Cheers. {image}
Ignored
Thanks
Learn and learning
EA XAU Ticmill All Time Return: 430.7%
 
1
  • Post #131,559
  • Quote
  • May 5, 2021 1:03pm May 5, 2021 1:03pm
  •  Jakes90
  • | Joined Sep 2020 | Status: Member | 7 Posts
Quoting josip
Disliked
according to the picture we should buy I'm curious about the fact my possition is still short {image}
Ignored
Check out some Wyckoff videos on youtube.. it should aid you. accumulation and distribution
 
1
  • Post #131,560
  • Quote
  • May 5, 2021 1:09pm May 5, 2021 1:09pm
  •  josip
  • Joined Dec 2015 | Status: Member | 821 Posts
now broken and we go down???...or not..
 
 
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