Curious. Why is everyone adamant on selling?
3
- #132,402
- May 18, 2021 8:02am May 18, 2021 8:02am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Got some extra time to relax a bit and share.
For those of you who, like me, prefer a million words to an image
Common chaps ! I know your charts are in front of you !
:
My last entry, 2217 : Usual TP based on time/volatility potential was 2228, so my SL now at BE.
LONGER term outlook has not changed much, but momentum now getting as solid as the beginning of this adventure that started in early April.
Sharing a rare long-term momentum trade. Will update gladly if there is interest. A bit about it :
This second longer term trade is not so long term, it is based on the 8H, and Dynamic SL now at 2170
On another subject,
At levels 2160s-80s, if we get there next, it will be the start of a potential break in momentum on 1h-3h TF. So I am preparing a new series of closings for those levels.
Intraday :
Could share more entries lately, these all survived. They are All at BE now :
My last entry, 2217 : Usual TP based on time/volatility potential was 2228, so my SL now at BE.
I expected bears to have more teeth at these levels! Maybe this is the time ! Nice candle action for the bears right there !
Worried about you guys for a while ! But I know its far from being your last word !
I feel them lurking still...
I will probably be away for awhile as I am getting ready for my quarterly optimizations.
Hope everyone has been well, is well and stays well, take good care now and lets continue to stay strong with our rules and discipline of STEEL,
sharp in our observation and flexible in the face of changes in price dynamics,
and stay relaxed, positive and light hearted so all-of-the-above stay possible on the long-term !
For those of you who, like me, prefer a million words to an image
Common chaps ! I know your charts are in front of you ! :My last entry, 2217 : Usual TP based on time/volatility potential was 2228, so my SL now at BE.
{quote}... Now my 2204 is at BE. Boost changes things, got room for 2217 entry. Now waiting for bears to have their go now before getting back in.
LONGER term outlook has not changed much, but momentum now getting as solid as the beginning of this adventure that started in early April.
Sharing a rare long-term momentum trade. Will update gladly if there is interest. A bit about it :
{quote} Buy stop triggered for an extremely rare long-term momentum trade. Looking at +3years highs IMPORTANCE TEST. Probabilities of it shooting up .24 are put into action. We now need 2190s broken by same daily move. {quote}...The main stop of all my longs at BE can be moved up to 2060s. When/if 2060 tested, then when volatility has ceased for the days, fixed SL at low of that day, as usual. Back to intraday : For now though, 2170s - 2190s is the...
Buy stop 2157, longterm momentum trade. Trailing stop start from 2045. TP trailing based on momentum. Destination unknown. {quote} {image} {image}
....A momentum daily setup will be confirmed if: A close today above 2131, and a break of that high needs to occur Monday or Tuesday, at the latest. If that happens, potential of a new and a much strong push up would have a good enough chance of unfolding, and my main stops could be pushed up to 2060.Now relaxing, eating a yummy cod fish plate and waiting for the bears to be done with their own push. next buy stop is 21416, SL below low of last 30m since entry. A touch of 2123 before...
{quote} Buy stop 21877 Longer-term shared in previous post looking very good. Will update if anyone interested. Cheers all. Stay safe.
On another subject,
At levels 2160s-80s, if we get there next, it will be the start of a potential break in momentum on 1h-3h TF. So I am preparing a new series of closings for those levels.
Intraday :
Could share more entries lately, these all survived. They are All at BE now :
My last entry, 2217 : Usual TP based on time/volatility potential was 2228
, so my SL now at BE.{quote}... Now my 2204 is at BE. Boost changes things, got room for 2217 entry. Now waiting for bears to have their go now before getting back in.
{quote} .. New buystop on volatility 1.22044, last entry SL moved to Be the second 2197 is hit, if hit.
{quote} New buystop on volatility 2197, last entry SL moved to Be the second 2197 is hit, if hit.
Waking up to update my SLs and confirm a new trade at 2162 {quote} Now waiting to see important reactions of 2170-2190. Looking for new support above 2170s and start taking new entries from there. A bit more info on some important levels : {quote} Happy tuesday trading all !
Bought at 2142 for a bottom of range trade. Bottom of range will be confirmed or put on hold soon. Would be nice to have 2140s as a bottom again ! Would sure give extra protection to Fridays longs. If best case scenario happens will have a 2157 entry soon and lower ones will all be at BE again. Thank you all of you who have stayed positive in your thoughts and in your great shares. Thank you Ata. Cheers all, take good care now and stay light-hearted
I expected bears to have more teeth at these levels! Maybe this is the time ! Nice candle action for the bears right there !
Worried about you guys for a while ! But I know its far from being your last word !
I feel them lurking still...
I will probably be away for awhile as I am getting ready for my quarterly optimizations.
Hope everyone has been well, is well and stays well, take good care now and lets continue to stay strong with our rules and discipline of STEEL,
sharp in our observation and flexible in the face of changes in price dynamics,
and stay relaxed, positive and light hearted so all-of-the-above stay possible on the long-term !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #132,403
- May 18, 2021 8:04am May 18, 2021 8:04am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
- #132,406
- May 18, 2021 8:18am May 18, 2021 8:18am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
- #132,408
- May 18, 2021 8:25am May 18, 2021 8:25am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #132,410
- May 18, 2021 8:29am May 18, 2021 8:29am
That spike at 14:40 GMT for sure had some reason. ...
- #132,412
- May 18, 2021 8:43am May 18, 2021 8:43am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
{quote} .....you know that friday it'll be at 1.195, soon big crash
just kidding..
Focus only on what truly matters!
- #132,413
- May 18, 2021 8:48am May 18, 2021 8:48am
- Joined Nov 2019 | Status: Trader | 1,121 Posts
Curious. Why is everyone adamant on selling?
And the daily trend channel since beginning of April:
- #132,414
- May 18, 2021 8:56am May 18, 2021 8:56am
- Joined Nov 2019 | Status: Trader | 1,121 Posts
{quote} Which Friday are you talking about? Friday? Next Friday? Friday after next? or last Friday?
Fulano: "when do I get back the money you owe to me?"
Bertano: "tomorrow, I promise"
....next day...
Fulano: "so, where's my money?"
Bertano: "hey, I said tomorrow!!!"
Honestly, it is difficult also with fundamentals. Biden is throwing USD on the market. EU does not care about rules or laws they made when installing the Euro. The question is not which currency is stronger... which one is weaker? Better to invest in tulip bulbs again...
- #132,417
- May 18, 2021 9:14am May 18, 2021 9:14am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.
- #132,418
- May 18, 2021 9:24am May 18, 2021 9:24am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #132,420
- May 18, 2021 9:43am May 18, 2021 9:43am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.