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EURUSD only

  • #132,701
  • May 21, 2021 1:54am May 21, 2021 1:54am
Sl 2240 tp 2210
  • #132,702
  • May 21, 2021 2:08am May 21, 2021 2:08am
Quoting Ata-Turkoglu
Bears couldn't break 1.2216 yet.. I believe there is still lots of time for bulls to complete their mission.. No rush!
Well I am not that strongly into sell... it might be a tactical opportunity to get a few quick bugs intradays, but I see a limit around 1.2170+-
On the daily there is the clear ascending wedge which points to a reversal. But often I have seen that it doesn't play out as a clear cut. I have been caught in the past in situations where I jumped into a sell just to see that the wedge ends in a blow out for 100+ pips and then reverses later.

And as always... careful!!! DXY is pointing down at the moment again and Stocks are slightly positive... that could become another green day for the end of the week -> which means Dollar down and the rest up. I feel it.

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  • #132,703
  • May 21, 2021 2:17am May 21, 2021 2:17am
I'd thought bulls got hit badly in the balls, however they recover as easy as f**k.
  • #132,704
  • May 21, 2021 2:25am May 21, 2021 2:25am
Quoting yvestrcz
I'd thought bulls got hit badly in the balls, however they recover as easy as f**k.
Well... if the underlying trend is right Bulls have a thick skin and can absorb a lot of beating
  • #132,705
  • May 21, 2021 2:29am May 21, 2021 2:29am
Quoting yvestrcz
I'd thought bulls got hit badly in the balls, however they recover as easy as f**k.
Indeed. But it is not over yet, volatility is still incessantly growing. Can still go both ways in my book here. My buy stops level for in trend volatility trading have all survived, next buy stop 2231... but it doesnt mean a thing till volatility drops a good 30m and well above them. And Ill keep on buying as long as 15m lows stay higher than previous and volatility goes on, in this case...


Quoting mtako
{quote} ...New Buy stop at 2215 2220, 26, 31 and 37, all moved at BE the second the next is filled. Maybe wont even get there though now. ..
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #132,706
  • May 21, 2021 2:32am May 21, 2021 2:32am
Comes out it was wise to close my sell order from 1.2217 with +5 pips..

Now as I planned to trade my AB=CD.. I keep selling this.. This time with a little better price than before..

Sold at 1.2228 (+11 pips improvement lol)... Stops go again at least 24 pips higher or more.. What is left is waiting!
Focus only on what truly matters!
  • #132,707
  • May 21, 2021 2:45am May 21, 2021 2:45am
I expect this to unfold today.
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  • #132,708
  • May 21, 2021 2:50am May 21, 2021 2:50am
Meanwhile on H4.. chart speaks for itself..
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #132,709
  • May 21, 2021 2:57am May 21, 2021 2:57am
Quoting Ata-Turkoglu
Meanwhile on H4.. chart speaks for itself.. {image}

So it will go down ?
  • #132,710
  • May 21, 2021 3:21am May 21, 2021 3:21am
Stopped out. I will try maybe 1.22722 or 1.12676
  • #132,711
  • May 21, 2021 3:32am May 21, 2021 3:32am
Guys this DXY falling wedge drives me nuts. I will sell some of my EURUSD longs, too risky that the wedge is real.
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Another day, another dollar.
  • #132,712
  • Edited 3:53am May 21, 2021 3:37am | Edited 3:53am
....soon big suprise !
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  • #132,713
  • May 21, 2021 3:38am May 21, 2021 3:38am
Quoting nic9man
Guys this DXY falling wedge drives me nuts. I will sell some of my EURUSD longs, too risky that the wedge is real. {image}
Do you expect it's the bottom of DXY?
Trade to enjoy... Money is after!
  • #132,714
  • May 21, 2021 3:47am May 21, 2021 3:47am
Quoting nic9man
Guys this DXY falling wedge drives me nuts. I will sell some of my EURUSD longs, too risky that the wedge is real. {image}
wait... dont lets your nuts guide you

I imagine that you will wait for confirmation....


Ne scalp entry, buy stop 2228
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #132,715
  • May 21, 2021 3:48am May 21, 2021 3:48am
Quoting nic9man
{quote} Nice predictions back from 2017, sounds a bit like nowadays. In Sep you said first down to 1.17 then in December above 1.21 which was more or less correct. But in any case funny to read some fundamental analysis from you, seems you fully switched to technicals now.
Check out my previous Charts at various times man. Spend some time on it and compare it to that particular day or week of the real market. 7/10 times i was on the right side. You'd love it.

Traders don't reject the Fundamentals. Because the technicals are more tradable than the Fundamentals.
  • #132,716
  • May 21, 2021 3:49am May 21, 2021 3:49am
Quoting energies
....soon big suprise ! {image}
Oh yes please! We all luvvvvv surprises
Attached Image
Focus only on what truly matters!
  • #132,717
  • May 21, 2021 3:49am May 21, 2021 3:49am
Quoting saninvestor
{quote} Do you expect it's the bottom of DXY?
I don't expect it from a fundamental view, but technically there is a risk of a correction towards 91 region.

Sold 10% of my EURUSD longs at 1.2232, still waiting for a new high actually so that MMs can take stop losses.
Another day, another dollar.
  • #132,718
  • May 21, 2021 3:50am May 21, 2021 3:50am
Rejected again.. fishing short using stoch
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Don't mind me.. i'm crazy
  • #132,719
  • May 21, 2021 3:53am May 21, 2021 3:53am
Quoting nic9man
{quote} I don't expect it from a fundamental view, but technically there is a risk of a correction towards 91 region. Sold 10% of my EURUSD longs at 1.2232, still waiting for a new high actually so that MMs can take stop losses.
So we are in the same boat
Trade to enjoy... Money is after!
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