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  • #133,361
  • May 28, 2021 2:59am May 28, 2021 2:59am
Quoting josip
{quote} Im too risky sometimes, and I don't know it often
New opening of hourly candle might bring in volatility.. let's see..
Focus only on what truly matters!
  • #133,362
  • Edited 3:22am May 28, 2021 3:02am | Edited 3:22am
As I mentioned goes down 30 ticks, my entry point : 1.22030 short. ( my charts is live with CME Chicago MERCNTILE EXCHANGE identity) hahaha, my first profit today! I am a speculate with trading, mostly with marketing hit about 80% of profit since last 2 years. I make weekly 25% of my investment (10k) thats a good work for me.
I will looking for next entry, I hope your guys got also profit after my mention. lunch time right now
Change is never easy, but always possible
  • #133,363
  • May 28, 2021 3:12am May 28, 2021 3:12am
I think today could be close bellow 1.2150 or around it but bull interested im on sideline
  • #133,364
  • May 28, 2021 3:12am May 28, 2021 3:12am
Short Trip into the Future

Okay.. this is a special post for all my members who feel blinded by the recent shenanigans.. Let me guide you into the very first days of the new month since we are at the end of May..

  1. I extended the lines so it lines up with 2nd day of June (Wednesday).. I always use the next day's levels to see what will happen on 1st day of new month!!!
  2. As you can see the most important level of new month is 1.2191 and that's why it is so important even today! I switch to bullish whenever intraday candles climb above it..
  3. The worst case for bulls would be a break of 1.2147... Until then bulls actually keep the upper hand..
  4. My red moving average line reflects the resistance that we are witnessing for the past few days and now price is acting like it is squeezed between 1.2180 and 1.2203..
  5. There is no breakout to the down side yet but it can happen and yes we have to be careful with longs but if things go south be aware that there is no need for panic.. 1.2147 area can still save you! (It can at least provide you a bounce up so you can get rid of longs with smaller losses)

I hope it helps..

Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #133,366
  • May 28, 2021 3:20am May 28, 2021 3:20am
Quoting EllaCen
As I mentioned goes down 30 ticks, my entry point : 2030 short. ( my charts is live with CME Chicago MERCNTILE EXCHANGE identity) hahaha, my first profit today! I am a speculate with trading, mostly with marketing hit about 80% of profit since last 2 years. I make weekly 25% of my investment (10k) thats a good work for me. I will looking for next entry, I hope your guys got also profit after my mention. lunch time right now
Based on Metatrader coding terminology it is not ticks but actually "points"... 10 points make 1 pip.. Just a titbit.. Cheers

*A tick however is the smallest movement for an instrument.. For forex pairs a tick is equal to a point.. But in DAX futures for example a tick is equal to 5 points..
Focus only on what truly matters!
  • #133,367
  • May 28, 2021 4:06am May 28, 2021 4:06am
Quoting Traderview
If you see 1hr closes below 1.2179, then give up your longs and wait sidelines for a while.
1.21776. I am setting a sell limit @ 1.2185 hoping it can still get there. If not, no big deal and talk with you guys the next week.
Have a great weekend anyway!
  • #133,368
  • May 28, 2021 4:25am May 28, 2021 4:25am
Quoting Ata-Turkoglu
New pending order buy limit: 1.2185.. Stops must go 24 pips lower or more.. TP is as always damn resistance area 1.2203..
Hey Ata, are you still keeping this despite candles closing below 1.2180?
Another day, another dollar.
  • #133,369
  • May 28, 2021 4:28am May 28, 2021 4:28am
Quoting nic9man
{quote} Hey Ata, are you still keeping this despite candles closing below 1.2180?
As long as I don't post otherwise why do you expect me to change my intention half way???? I do what I post and I haven't posted anything about altering my order have I? So yes my long order from 1.2185 is active.. Patience is always key
Focus only on what truly matters!
  • #133,370
  • May 28, 2021 4:39am May 28, 2021 4:39am
Now to see how it reacts to 1.2160. Rebounded from there on both the 19th and 21st, would hope to see a similar action today with a further push North.
A wise man changes his mind, a fool never will
  • #133,371
  • May 28, 2021 4:40am May 28, 2021 4:40am
Waiting for a good spot to start my 2nd order series with scalper long as usual..
Focus only on what truly matters!
  • #133,372
  • May 28, 2021 4:42am May 28, 2021 4:42am
Quoting Wavegarrick
{quote} Spring-loaded response just after my post. Anyway, I stay humble and I know the market could take me out 3 fold. Cheers. {image}
Hi Guys,
Maybe, just maybe we are at the start of a decent swing move south. From a daily perspective.
Have a great weekend
Cheers.
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Trade to trade another day
  • #133,373
  • May 28, 2021 4:44am May 28, 2021 4:44am
Quoting Wavegarrick
{quote} Hi Guys, Maybe, just maybe we are at the start of a decent swing move south. From a daily perspective. Have a great weekend Cheers. {image}
Same boat
Trade to enjoy... Money is after!
  • #133,374
  • May 28, 2021 4:51am May 28, 2021 4:51am
Hi nice to see you all, hope everyone is good,
Are we ever going to get out of this ranging ? This might just be where bears take it 2150, or just another failed attempt to get out of the ranging heavens. Under such conditions I usually principally buy at the coming back from the lows, in the lows. Got a long off support with growing volatility. Buy stop 21662, if we ever get there !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,375
  • May 28, 2021 4:51am May 28, 2021 4:51am
Quoting Ata-Turkoglu
{quote} As long as I don't post otherwise why do you expect me to change my intention half way???? I do what I post and I haven't posted anything about altering my order have I? So yes my long order from 1.2185 is active.. Patience is always key
Hi Ata, just let me ask you a question... you seem to use a 24-pip SL as a standard (or perhaps in most cases a standard SL as far as I could notice). I have no doubt this is a bullet-proof, well tested thing that simply works for you. But how about the TP side of the trades?
Do you have trades where SL is 24 pips away from BE, while TP is only 10 or 15 only, in certain cases? Most people would go like... okay, but TP has to be always more than what you're risking. Perhaps twice as much as what you put at stake. How do you view this? Thank you.
  • #133,376
  • May 28, 2021 4:55am May 28, 2021 4:55am
Quoting yvestrcz
{quote} Hi Ata, just let me ask you a question... you seem to use a 24-pip SL as a standard (or perhaps in most cases a standard SL as far as I could notice). I have no doubt this is a bullet-proof, well tested thing that simply works for you. But how about the TP side of the trades? Do you have trades where SL is 24 pips away from BE, while TP is only 10 or 15 only, in certain cases? Most people would go like... okay, but TP has to be always more than what you're risking. Perhaps twice as much as what you put at stake. How do you view this? Thank...
I am always talking about initial SL is at least 24 pips.. It is not what I am actually risking in most of my trades because it is moved to BE asap..
Focus only on what truly matters!
  • #133,377
  • May 28, 2021 4:57am May 28, 2021 4:57am
Opened 2nd scalper long here at 1.2152..
Focus only on what truly matters!
  • #133,378
  • May 28, 2021 5:00am May 28, 2021 5:00am
better SL is 8-10% from range entry to target, difficult to setting SL in scalper
The Average Discount Everything
  • #133,379
  • May 28, 2021 5:00am May 28, 2021 5:00am
I triggered the stop-losses of my remaining longs, waiting on the sidelines for a few days or weeks.
Another day, another dollar.
  • #133,380
  • May 28, 2021 5:02am May 28, 2021 5:02am
Quoting nic9man
I triggered the stop-losses of my remaining longs, waiting on the sidelines for a few days or weeks.
we all been there dude. best of luck
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