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  • #131,541
  • May 5, 2021 9:16am May 5, 2021 9:16am
Quoting SnaveForex
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}
damn...very very close to the 1978
--post hoc ergo propter hoc--
  • #131,542
  • May 5, 2021 9:17am May 5, 2021 9:17am
Quoting corongumet
{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
Last Friday is exaggeration. Monthly weekly daily closing all at once.
Fundamental provide Volume, Technical shows Direction
  • #131,543
  • May 5, 2021 9:24am May 5, 2021 9:24am
Quoting LucasT
{quote} Last Friday is exaggeration. Monthly weekly daily closing all at once.
it gives a signal that it might happen, even though 0.01% happens.

We must open minded. And we must cool for all possibilities.
  • #131,544
  • Edited 9:56am May 5, 2021 9:30am | Edited 9:56am
what the textbooks say about trading about this pattern ???

short or long
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-05-05_16-27-10.jpg Size: 301 KB
Trendlines H1,H4, SMC
  • #131,545
  • May 5, 2021 9:46am May 5, 2021 9:46am
Quoting josip
what the textbooks say about trading about this feature ??? short or long {image}
Higher high then lower high. Is it short?
Fundamental provide Volume, Technical shows Direction
  • #131,546
  • May 5, 2021 10:00am May 5, 2021 10:00am
Quoting corongumet
{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
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+
  • #131,547
  • May 5, 2021 10:01am May 5, 2021 10:01am
I think we are looking at potential reversal in formation. Any thoughts

https://charts.mql5.com/28/661/eurus...-limited-3.png
  • #131,548
  • May 5, 2021 10:30am May 5, 2021 10:30am
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
  • #131,549
  • May 5, 2021 10:46am May 5, 2021 10:46am
Quoting josip
what the textbooks say about trading about this pattern ??? short or long {image}
Falling wedge, the textbook says buy on the breakout long, beware of TRAPS though

Quoting raghu4134
I think we are looking at potential reversal in formation. Any thoughts {image}
I believe long in the short term, being in daily and 4h demand zone. DXY really struggling with 91.4
  • #131,550
  • Edited 11:08am May 5, 2021 10:54am | Edited 11:08am
according to the picture we should buy
I'm curious about the fact

my possition is still short
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 84 KB
Trendlines H1,H4, SMC
  • #131,551
  • May 5, 2021 10:56am May 5, 2021 10:56am
Quoting josip
{quote} I can't trade by candles.. it says nothing to me
Mind sharing what you make use of?
Process is the kernel of trading.
  • #131,552
  • May 5, 2021 11:13am May 5, 2021 11:13am
Quoting josip
according to the picture we should buy I'm curious about the fact my possition is still short {image}
Thanks fr the info bro. Better picture now so much consolidation going on at the moment.
Fundamental provide Volume, Technical shows Direction
  • #131,553
  • May 5, 2021 11:18am May 5, 2021 11:18am
Quoting raghu4134
I think we are looking at potential reversal in formation. Any thoughts {image}
Probably not yet. But before the next big dive I assume some high spikes.
Withdrawal makes your profit real.
  • #131,554
  • May 5, 2021 11:27am May 5, 2021 11:27am
From here, all is up to if 1.2005 resists or not..
Focus only on what truly matters!
  • #131,555
  • May 5, 2021 11:31am May 5, 2021 11:31am
Quoting Wavegarrick
{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}
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)
Click to Enlarge Name: Screenshot_1122.png Size: 91 KB
Trade to trade another day
  • #131,556
  • May 5, 2021 11:34am May 5, 2021 11:34am
Quoting Fxtrader0
{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+
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
  • #131,557
  • May 5, 2021 11:36am May 5, 2021 11:36am
Quoting Wavegarrick
{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}
Thanks
  • #131,558
  • May 5, 2021 12:03pm May 5, 2021 12:03pm
Quoting josip
according to the picture we should buy I'm curious about the fact my possition is still short {image}
Check out some Wyckoff videos on youtube.. it should aid you. accumulation and distribution
  • #131,559
  • May 5, 2021 12:09pm May 5, 2021 12:09pm
now broken and we go down???...or not..
Trendlines H1,H4, SMC
  • #131,560
  • Edited 12:28pm May 5, 2021 12:17pm | Edited 12:28pm
With such low volume nothing to scalp.. nothing to trade.. Feierabend!

*While D1 and H4 candles open below 1.2032 bears have the upper hand!
Focus only on what truly matters!
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