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  • #131,761
  • May 7, 2021 8:26am May 7, 2021 8:26am
I will sideline all day today and will only make my decision once I see how todays candle closes

With my support/resistance lines, the tops and bottoms have been quite obvious, but I do not want to sell. All the shorts were killed, and many people are jumping long making me think the trap has been set...

Long term bias is definitely bullish, but I'll wait until the bulls get punished first.
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  • #131,762
  • May 7, 2021 8:27am May 7, 2021 8:27am
Quoting corongumet
{quote} Yes sure lost 6% im out
You have been warned.. Sorry for your loss.. I keep buying dips but slowly slowly because bulls are lately famous for their hiccups..
Focus only on what truly matters!
  • #131,763
  • May 7, 2021 8:27am May 7, 2021 8:27am
Quoting Ata-Turkoglu
Opposite of falling knife.. don't try to catch it..
Exactily

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...because you never know - until you do!
  • #131,764
  • May 7, 2021 8:30am May 7, 2021 8:30am
Just went long at 1.2103..
Focus only on what truly matters!
  • #131,765
  • May 7, 2021 8:35am May 7, 2021 8:35am
Quoting Ata-Turkoglu
{quote} You have been warned.. Sorry for your loss.. I keep buying dips but slowly slowly because bulls are lately famous for their hiccups..
I have 4 order sell. But 2 order very early

Its my risk i know it coming. But its under control for nfp. Lets see, maybe im long in lower price.
  • #131,766
  • May 7, 2021 8:36am May 7, 2021 8:36am
Closed another shorts from 1.2131 @ 1.2105.

No more shorts for now.

It might touch 1.2090. I'll look for long from here
  • #131,767
  • May 7, 2021 8:40am May 7, 2021 8:40am
Quoting Traderview
Closed another shorts from 1.2131 @ 1.2105. No more shorts for now. It might touch 1.2090. I'll look for long from here
A miracle how you keep winning with shorts in an upwards trend.
Another day, another dollar.
  • #131,768
  • May 7, 2021 8:45am May 7, 2021 8:45am
Quoting mtako
{quote} Now no selling allowed above 2106 but actually am very serious, dont do it. No buying allowed under it before volatility dance has ended chachacha Is the bear finally waking up after +-50 hours flatline ? Wonder which one of you revived it {image}

Ive got a pretty strong volatility short almost confirmed, will be hedging my longs from 2106 till its done.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,769
  • May 7, 2021 8:48am May 7, 2021 8:48am
Quoting nic9man
Think this will be a nice wedge, good buy upportunity just above 1.2100 {image}
nice one indeed
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Another day, another dollar.
  • #131,770
  • May 7, 2021 8:49am May 7, 2021 8:49am
Quoting nic9man
{quote} A miracle how you keep winning with shorts in an upwards trend.
I was looking for the last hr candle to close below 1.2035. Thats it. I entered as soon as the candle closes. and my analysis.

Remember 1.2175 +/- 20 pips, is strong resistance.
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  • #131,771
  • May 7, 2021 8:53am May 7, 2021 8:53am
Quoting Ata-Turkoglu
Just went long at 1.2103..
Closed order here at 1.2121.. +18 pips.. Waiting for next opportunity if volume doesn't drop..
Focus only on what truly matters!
  • #131,772
  • May 7, 2021 8:54am May 7, 2021 8:54am
Quoting nic9man
Think 1.2100 is major support now while next big resistance is 1.2275. However, we first have to pass 90.37 in DXY, think this is also a big resistance. Not sure what this is in terms of EURUSD, probably 1.2150 or so. What do you reckon?
It rebounded nearly exactly at 90.37 (90.35 indeed), so let's see if this can be cracked now.
Another day, another dollar.
  • #131,773
  • May 7, 2021 8:54am May 7, 2021 8:54am
Down 30 pips off my two impulsive trades over the last hour plus - losses already locked in. Maybe will her lucky and the dust has settled and long from 2110 was an ok entry and trend resumes.

what I love and hate about this game (as most do I’m sure) is those moments which can throttle an account ahead when all the dots line up.
--post hoc ergo propter hoc--
  • #131,774
  • May 7, 2021 8:56am May 7, 2021 8:56am
Quoting Traderview
{quote} I was looking for the last hr candle to close below 1.2035. Thats it. I entered as soon as the candle closes. and my analysis. Remember 1.2175 +/- 20 pips, is strong resistance. {image} {image}
Cool stuff how you do it. I am just happy that your 1.1930 forecast for today is off the table
Another day, another dollar.
  • #131,775
  • May 7, 2021 8:58am May 7, 2021 8:58am
Quoting nic9man
{quote} Cool stuff how you do it. I am just happy that your 1.1930 forecast for today is off the table
It didn't stay below 1.2034. If it had, it would have moved but hadn't.
  • #131,776
  • May 7, 2021 9:14am May 7, 2021 9:14am
As the step response was not too big (low correction), the day will probably end swnging in at 1.21150
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  • #131,777
  • May 7, 2021 9:16am May 7, 2021 9:16am
If no 1hr closes above 1.2135 then likely we'll be trading below. If it does the resistance is 1.2156 - 1.2176. Fine place to go short. Surely for 20 pips.
  • #131,778
  • May 7, 2021 9:23am May 7, 2021 9:23am
Quoting Ata-Turkoglu
Just went long at 1.2103..
Thanks Ata.
Trends have a higher probability of continuing than not.
  • #131,779
  • Edited 9:39am May 7, 2021 9:29am | Edited 9:39am
Quoting mtako
{quote} Ive got a pretty strong volatility short almost confirmed, will be hedging my longs from 2106 till its done.
wow.
Just need 30min of closing above 2145 or a significant volatility drop above 2106, and my strong short setup will have no chance of being confirmed anymore.

Would be great not to have to take any extreme measures! Almost there! Would be soo great to have an early end of a much easier day than expected!


An even greater step towards a continuation of my beloved trend.


Thanks all. It was great to see the many great trades shared here, and also very much appreciated were the failed ones as they are a very important part of trading.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,780
  • May 7, 2021 9:31am May 7, 2021 9:31am
At this late hour I can already share DAILY S/R levels for next week.. It can help even today:

I am watching 1.2160/80 area to look for selling.. Until then I won't touch the sell button! If price starts dropping after making a new high the possibilities of a bearish shark are very high.. Meaning: It can drop very fast! Time will tell..

I hope it helps
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Focus only on what truly matters!
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