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  • #132,821
  • May 24, 2021 3:25am May 24, 2021 3:25am
Quoting yvestrcz
Have decided to follow my gut and go long from 1.21972, TP ~1.2270, SL tight below the day's low. I just feel bulls could make it today. They already know most of the way there from the past days. :-)
I love bulls only in form of beef-steak.. served right out of the grill
Focus only on what truly matters!
  • #132,822
  • May 24, 2021 3:33am May 24, 2021 3:33am
Where's this drop coming from? This is steep and fast, but why?
A wise man changes his mind, a fool never will
  • #132,823
  • May 24, 2021 3:36am May 24, 2021 3:36am
so we gooooo... here we gooo..
Trendlines H1,H4, SMC
  • #132,824
  • May 24, 2021 3:38am May 24, 2021 3:38am
New buy order: 1.2181.. Stops at least 24 pips lower.. Good luck!
Focus only on what truly matters!
  • #132,825
  • May 24, 2021 3:40am May 24, 2021 3:40am
Ata do you think it will at least test 600 first?
  • #132,826
  • May 24, 2021 3:41am May 24, 2021 3:41am
Quoting Ata-Turkoglu
New buy order: 1.2181.. Stops at least 24 pips lower.. Good luck!
Closed manually with +7 pips.. Will buy dips again soon..

*But please notice how big round number levels behave on idle days
**Also notice how retail sell order ratio nicely rose.. Smart money buyers are so foxy I swear
Focus only on what truly matters!
  • #132,827
  • May 24, 2021 3:45am May 24, 2021 3:45am
can be a trap for buyers
Trendlines H1,H4, SMC
  • #132,828
  • May 24, 2021 3:48am May 24, 2021 3:48am
Quoting josip
can be a trap for buyers
It is the opposite.. I just shared the H4 chart telling that 1.2180 is support.. Nothing is violated yet.. Stay far far away of selling! My two cents
Focus only on what truly matters!
  • #132,829
  • May 24, 2021 3:49am May 24, 2021 3:49am
Lets be careful all these are the long term fighters just chit-chatting. These are crucial times at crucial year important levels. War has not begun yet.

Managed to get back at better prices twice on volatility reversals.

If this 15 closes above 2194, I have a new volatility long buying 2 straight ticks above the high of that 15m,
dynamic SL starting below low of the last hour at moment of entry, TP open. Very strong potential.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #132,830
  • May 24, 2021 3:49am May 24, 2021 3:49am
Quoting Ata-Turkoglu
{quote} It is the opposite.. I just shared the H4 chart telling that 1.2180 is support.. Nothing is violated yet.. Stay far far away of selling! My two cents
Definitely looked like a stop hunt for sellers, if anything.
A wise man changes his mind, a fool never will
  • #132,831
  • May 24, 2021 3:50am May 24, 2021 3:50am
Quoting Ata-Turkoglu
{quote} I love bulls only in form of beef-steak.. served right out of the grill
So do I, Ata. Rib-eye being one of my favorites...
  • #132,832
  • May 24, 2021 3:53am May 24, 2021 3:53am
Quoting MrGuy
{quote} Definitely looked like a stop hunt for sellers, if anything.
Sellers who were regretting to have sold so early were looking for a way out.. This drop served so nicely for them to switch back to buying.. Those who insist in staying short will probably get burnt heavily soon.. I think today I don't get beef-steak but bear-steak.. wonder how that would taste.. lol
Focus only on what truly matters!
  • #132,833
  • May 24, 2021 3:54am May 24, 2021 3:54am
Quoting yvestrcz
{quote} So do I, Ata. Rib-eye being one of my favorites...
Slurrrpppp.. yummy
Focus only on what truly matters!
  • #132,834
  • May 24, 2021 3:56am May 24, 2021 3:56am
Quoting yvestrcz
{quote} So do I, Ata. Rib-eye being one of my favorites...
I added a few small long trades upon the dip, by the way. I hope they will ripe well sometime by the end of the day.
  • #132,835
  • May 24, 2021 3:56am May 24, 2021 3:56am
Well shoot. Had a long in from end of day Friday @ 21796 and was doing well set stop at +1 and just woke up to see that big spike down triggered my story and was out. Not even thinking quickly jumped back in with a 2x the size position I normally do hopefully for a quick pull back (set step to -10 pips just in case kept falling). By the time I go check to see what originally got stopped out at it retraced back up a nice amount and go figure I had gotten back in @ 21797 LOL.

So basically got my same trade back alive but 2x the size and now sitting in green pips again even more set. Adjusted stop to 2175 just in case as it’s 4am my time and going back to sleep.

hoping to wake up in a few hours and see we broke and stayed firmly above 2200

catching up on the posts last few hours now but pretty sure I saw many posting about bears waking up and sell orders being setup?

we going to 2300 or 2100??
--post hoc ergo propter hoc--
  • #132,836
  • May 24, 2021 4:03am May 24, 2021 4:03am
Ata - bear is very very greasy lol. Not really a first choice for meat unless starving of course then gobble it up. Anything with enough steak sauce ends up being good lol.

so sounds like sentiment is still long and rising but going to be a battle around this big round numbers

am I reading that right? Would be awesome having got in where I did again with that sized position. That trade could really put me in the green assuming I don’t get stopped by some big dip again temped to move stop to -20 pips just to be safe and really gamble but that getting triggered would not start my week off well at all. Leaving stop currently spot and watching it close for another 30 before going back to sleep till NY opens
--post hoc ergo propter hoc--
  • #132,837
  • May 24, 2021 4:07am May 24, 2021 4:07am
Quoting Monk
Ata - bear is very very greasy lol. Not really a first choice for meat unless starving of course then gobble it up. Anything with enough steak sauce ends up being good lol. so sounds like sentiment is still long and rising but going to be a battle around this big round numbers am I reading that right? Would be awesome having got in where I did again with that sized position. That trade could really put me in the green assuming I don’t get stopped by some big dip again temped to move stop to -20 pips just to be safe and really gamble but that getting...
I think best time to grill bear is spring time then.. right after hibernation where all the fat is gone.. That's what will happen today I guess because sun is shining and more and more bears are awakening
Focus only on what truly matters!
  • #132,838
  • Edited 4:24am May 24, 2021 4:10am | Edited 4:24am
Added a limit order @ 2238 which is right up at the top. Would be some nice pips banked and can see if crashing wgson pretty quick or that at least then becoming new support or close to it through the week

so opinion on that big drop was stop hunting? Stop don’t really understand how that works and why/ how it’s done
--post hoc ergo propter hoc--
  • #132,839
  • May 24, 2021 4:34am May 24, 2021 4:34am
EURUSD on a possible triangle

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TMT Scalping System (Best system on FF)
  • #132,840
  • May 24, 2021 4:35am May 24, 2021 4:35am
Quoting Monk
Added a limit order @ 2238 which is right up at the top. Would be some nice pips banked and can see if crashing wgson pretty quick or that at least then becoming new support or close to it through the week so opinion on that big drop was stop hunting? Stop don’t really understand how that works and why/ how it’s done
We traders often associate sudden drops with stop hunting.. I suggest to forget that.. It was a "sudden drop".. That's what it was and the rest is blabbery.. Just like hiccups.. Science comes with gazillion reasonings but in reality nobody knows sh*t.. So.. just make sure to follow your rules and to stay on the winning side.. hiccups exist and they are not supposed to kill us.. But of course if one is dancing on a string up in the sky without any protection then a basic hiccup could become a killer.. So be smart and focus only on what matters.. My two cents
Focus only on what truly matters!
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