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EURUSD

  • #1,194,701
  • May 25, 2021 10:24am May 25, 2021 10:24am
I don't know if there is a problem with my chart's data or not. But if the data is correct, then this gap will likely get filled at some point in the near future.

EURUSD 4HR - Gap from 21625 - 21450
Attached Image (click to enlarge)
Click to Enlarge Name: GAP.png Size: 28 KB
Learn from your mistakes and march on.
  • #1,194,702
  • May 25, 2021 10:30am May 25, 2021 10:30am
Quoting here2there
I don't know if there is a problem with my chart's data or not. But if the data is correct, then this gap will likely get filled at some point in the near future. EURUSD 4HR - Gap from 21625 - 21450 {image}
No gap here...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB
  • #1,194,703
  • May 25, 2021 10:43am May 25, 2021 10:43am
Quoting Techanalyst
{quote} No gap here... {image}
Yeah, there may be a problem with my data. Ironically, I am using two Oanda MT4 accounts. One shows the gap and the other doesn't. That is why I was unsure.
Learn from your mistakes and march on.
  • #1,194,704
  • May 25, 2021 10:43am May 25, 2021 10:43am
Quoting Techanalyst
{quote} Why are you on Ata the rat snake thread? He is useless, does not know how to trade/invest at all. Totally useless guy here on FF. He has a lot of sheep followers. His strategy is stupid, and he goes from monthly chart to 1 minute chart to trade. Draws useless lines and that is it. Totally useless and is misleading the crowd.
He put me on Ignore for saying eu will go to 2260 because he was selling heavily
  • #1,194,705
  • May 25, 2021 10:51am May 25, 2021 10:51am
Quoting here2there
I don't know if there is a problem with my chart's data or not. But if the data is correct, then this gap will likely get filled at some point in the near future. EURUSD 4HR - Gap from 21625 - 21450 {image}
Using the Oanda desktop client and there is no gap here.
  • #1,194,706
  • May 25, 2021 10:54am May 25, 2021 10:54am
Quoting PatienceFx
{quote} He put me on Ignore for saying eu will go to 2260 because he was selling heavily
What I want to know is how he got so many subscribers. Something isn't right.
Learn from your mistakes and march on.
  • #1,194,707
  • May 25, 2021 10:58am May 25, 2021 10:58am
Quoting PatienceFx
{quote} He put me on Ignore for saying eu will go to 2260 because he was selling heavily
He put me on ignore when I didn't respond favorably to his harmonic pattern. I wasn't even being mean about it. He apparently gets offended when people disagree with him. Definitely some personality issues with the guy.
Learn from your mistakes and march on.
  • #1,194,708
  • May 25, 2021 10:58am May 25, 2021 10:58am
Quoting here2there
{quote} What I want to know is how he got so many subscribers. Something isn't right.
Because majority of traders are sheeps and they will follow their useless leader anywhere. It is like a cult. And Ata useless rat snake is David Koresh.
  • #1,194,709
  • Edited 11:40am May 25, 2021 11:04am | Edited 11:40am
UPDATE: I changed my mind. If it closes below the previous low, I will put a sell limit order at 38.2% (assuming the body will be below this percentage) of its range, and another sell limit order at 74.6% of its range.

If the candle body closes above 38.2%, then the sell limit orders will be placed at 74.6% and the opening price of the previous candle.

Attached Image (click to enlarge)
Click to Enlarge Name: idea.png Size: 16 KB
Learn from your mistakes and march on.
  • #1,194,710
  • May 25, 2021 11:51am May 25, 2021 11:51am
Quoting here2there
UPDATE: I changed my mind. If it closes below the previous low, I will put a sell limit order at 38.2% (assuming the body will be below this percentage) of its range, and another sell limit order at 74.6% of its range. If the candle body closes above 38.2%, then the sell limit orders will be placed at 74.6% and the opening price of the previous candle. {image}
If you don't mind my asking, what kind of R:R are you looking to get out of this trade? Just curious, trying to expand my understanding by seeing how others think.
  • #1,194,711
  • May 25, 2021 12:11pm May 25, 2021 12:11pm
Quoting sixconrads
{quote} If you don't mind my asking, what kind of R:R are you looking to get out of this trade? Just curious, trying to expand my understanding by seeing how others think.
I don't concern myself too much with R:R. But I am looking at hitting one of the following targets: 38.2%, 50%, 61.8% (see yellow highlight). Keep in mind that I am essentially going against the trend. So there is more risk involved. I am willing to take that risk. It is also possible that I might not get filled.

Attached Image (click to enlarge)
Click to Enlarge Name: target.png Size: 19 KB
Learn from your mistakes and march on.
  • #1,194,712
  • May 25, 2021 12:17pm May 25, 2021 12:17pm
Quoting PatienceFx
{quote} He put me on Ignore for saying eu will go to 2260 because he was selling heavily
Of course he is useless. Doesn't know how to trade/invest.
  • #1,194,713
  • Edited 12:40pm May 25, 2021 12:30pm | Edited 12:40pm
Looking for a second opportunity to get in between 1.2220 and 1.2225 for a long position. Observing the 15 mins chart of today the price mostly stayed away from the daily pivot point. Even after the London open, the price went sideways and then started to break down. I am thinking from here on it is going to be a slow trading day where the price is going to just move sideways between the 15 pip range. So If the price comes down I am looking to go long from there. Please share your opinion as this is what I am currently observing about the Eur/Usd.
  • #1,194,714
  • May 25, 2021 12:31pm May 25, 2021 12:31pm
If the current candle closes below the previous candle without filling at least one of my sell limit orders, then I will delete my sell limit orders, as I am anticipating a continuation of the upward trend. I will then look for buying opportunities at lower prices.

EURUSD 4HR
Attached Image (click to enlarge)
Click to Enlarge Name: idea.png Size: 27 KB
Learn from your mistakes and march on.
  • #1,194,715
  • May 25, 2021 12:38pm May 25, 2021 12:38pm
The beauty of a well placed limit order is it allows for a tighter stop (less risk).
Learn from your mistakes and march on.
  • #1,194,716
  • May 25, 2021 12:39pm May 25, 2021 12:39pm
Quoting here2there
If the current candle closes below the previous candle without filling at least one of my sell limit orders, then I will delete my sell limit orders, as I am anticipating a continuation of the upward trend. I will then look for buying opportunities at lower prices. EURUSD 4HR {image}
buying pressure of my trades is very strong, its not letting price drop
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 31 KB
  • #1,194,717
  • May 25, 2021 12:43pm May 25, 2021 12:43pm
with today's push a barrier was breached, after pull back, it will push harder
  • #1,194,718
  • May 25, 2021 12:48pm May 25, 2021 12:48pm
No times for Bears
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 14 KB
  • #1,194,719
  • May 25, 2021 12:49pm May 25, 2021 12:49pm
trading view is loaded with people explaing with charts, detailed charts for past 3 weeks of a great sell opportunity

when they miss it a new chart comes out
  • #1,194,720
  • May 25, 2021 12:53pm May 25, 2021 12:53pm
It's struggling to hit 74.6% of the previous candle's range on the 4HR. Lol
So, I decided to open a sell position just a few pips shy of it. I still have a sell limit order near 74.6%, however.

EURUSD 1HR
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Click to Enlarge Name: idea.png Size: 7 KB
Learn from your mistakes and march on.
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