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  • #133,041
  • May 26, 2021 7:00am May 26, 2021 7:00am
Inside this range one must be suspicious whenever volume comes in and it looks like it is dropping faster: It is a trickery! Best is to rely on the range! Beware of lurking bulls around 1.2215/25 support area!!!! 1.22115 to be precise!
Focus only on what truly matters!
  • #133,042
  • May 26, 2021 7:11am May 26, 2021 7:11am
Quoting Traderview
{quote} Possibly up to 1,2193 - 1.2184 lets see
I sold from 2265 yesterday. Swing short. I'm actually targeting 2158 or so, which would be the 100 EMA on the H4, but that might be a bit ambitious. If it bounces at the 50 EMA, which is 2197 or so, then I'll just close. RSI might bounce at that area too.
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  • #133,043
  • May 26, 2021 7:14am May 26, 2021 7:14am
Quoting fxpipper
{quote} I sold from 2265 yesterday. Swing short. I'm actually targeting 2158 or so, which would be the 100 EMA on the H4, but that might be a bit ambitious. If it bounces at the 50 EMA, which is 2197 or so, then I'll just close. RSI might bounce at that area too. {image}
Close it @ 1.2184 and if you could little more, when the bears are too strong close it @ 1.2170. It'll bounce back to 1.2193 quickly. So close it as soon as it reaches below 1.2193.
  • #133,044
  • May 26, 2021 7:37am May 26, 2021 7:37am
Quoting Traderview
{quote} Close it @ 1.2184 and if you could little more, when the bears are too strong close it @ 1.2170. It'll bounce back to 1.2193 quickly. So close it as soon as it reaches below 1.2193.
If I have the nerve, then sure. Most likely I'll be stricken with fear and in full exit mode by 2190ish.
  • #133,045
  • May 26, 2021 7:39am May 26, 2021 7:39am
Tricky
  • #133,046
  • May 26, 2021 7:50am May 26, 2021 7:50am
Closed my sell order here at 1.2222.. Now I am on side lines waiting for bullish signs..
Focus only on what truly matters!
  • #133,047
  • May 26, 2021 7:51am May 26, 2021 7:51am
if the price comes more down then I think it will be a run on the stops. Looking at the 15 mins chart good entry point would be around 1.2200. Please share your opinion as I might be wrong. This is a sideways market and anything is possible.
https://www.tradingview.com/x/fu5o4a9a/
  • #133,048
  • May 26, 2021 7:52am May 26, 2021 7:52am
Quoting Traderview
{quote} Close it @ 1.2184 and if you could little more, when the bears are too strong close it @ 1.2170. It'll bounce back to 1.2193 quickly. So close it as soon as it reaches below 1.2193.
Do you mind to share your chart?
  • #133,049
  • May 26, 2021 7:58am May 26, 2021 7:58am
2 more minutes for new H4 candle.. It can always turn into a sh*t show when candles close right at important levels.. I stay away to get my confirmations.. Not a good time to enter a trade.. I would trade again at least 15 minutes later..
Focus only on what truly matters!
  • #133,050
  • May 26, 2021 8:03am May 26, 2021 8:03am
Quoting str8v4lu3
{quote} looks similar to the h1 chart {image}
Buying below the daily pivot(white line) when price is breaking lows and failed to make a high higher than the previous days high is unwise. Market sentiment + Price action is a must in order to determine the right side of the market

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  • #133,051
  • May 26, 2021 8:03am May 26, 2021 8:03am
seems bulls are gone
Another day, another dollar.
  • #133,052
  • May 26, 2021 8:03am May 26, 2021 8:03am
Quoting Ata-Turkoglu
2 more minutes for new H4 candle.. It can always turn into a sh*t show when candles close right at important levels.. I stay away to get my confirmations.. Not a good time to enter a trade..I would trade again at least 15 minutes later..
All the algo's adjust to the 4 hrs candles = sh*t show
  • #133,053
  • May 26, 2021 8:06am May 26, 2021 8:06am
target could be the weekly pivot(1.2184). price may bounce from there. if it is a break below we may see a deeper correction south
  • #133,054
  • May 26, 2021 8:15am May 26, 2021 8:15am
Retail trader long-short lot ratio is slowly balancing.. Meaning --> Currently risk is higher than normal to trade in any direction! (i.e.: trading is equal to flipping a coin)
Focus only on what truly matters!
  • #133,055
  • May 26, 2021 8:18am May 26, 2021 8:18am
Quoting Ata-Turkoglu
Retail trader long-short lot ratio is slowly balancing.. Meaning --> Currently risk is higher than normal to trade in any direction! (i.e.: trading is equal to flipping a coin)
Its sure very tricky. I see we need more volume if price close bellow 1.2210
  • #133,056
  • May 26, 2021 8:20am May 26, 2021 8:20am
Quoting corongumet
{quote} Its sure very tricky. I see we need more volume if price close bellow 1.2210
Don't get me wrong: I am still looking for bullish signs!
Focus only on what truly matters!
  • #133,057
  • May 26, 2021 8:37am May 26, 2021 8:37am
Quoting fxmfarmer
{quote} Do you mind to share your chart?
Check out my profile. You can find all the charts I've shared.
  • #133,058
  • May 26, 2021 8:37am May 26, 2021 8:37am
Quoting Ata-Turkoglu
{quote} Don't get me wrong: I am still looking for bullish signs!
true. we must watch out for bulls. I think a break north of 1.2228 could spell a bullish push
  • #133,059
  • May 26, 2021 8:40am May 26, 2021 8:40am
Quoting sharingan9
{quote} true. we must watch out for bulls. I think a break north of 1.2228 could spell a bullish push
Good thinking.. Imho, as long as we are above 1.2206 I favor bulls..
Focus only on what truly matters!
  • #133,060
  • May 26, 2021 8:47am May 26, 2021 8:47am
Quoting Ata-Turkoglu
{quote} Don't get me wrong: I am still looking for bullish signs!
Hello Ata, how are you
how many long for bulls.
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