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  • #133,581
  • May 31, 2021 6:24am May 31, 2021 6:24am
IMHO EU is going to hit 1.226000. Then down again
  • #133,582
  • May 31, 2021 6:25am May 31, 2021 6:25am
Quoting Godzilla
{quote} Well I’m staying short to 2130
hopefully, in open NY or tomorrow after the monthly candle closes ....
The Average Discount Everything
  • #133,583
  • May 31, 2021 6:33am May 31, 2021 6:33am
Quoting yvestrcz
{quote} Sure, I did not mean to question your post. I was just curious. Still I sense a support breakout is a lot more likely than breaking the resistance. My senses can be mistaken, of course.

Hi Yves. Yes, we sure have to be careful with those senses For me, under such conditions, there is no meaningful probability of it breaking one versus the other. And it could just as well break both support and resistance several times before making a new significant move. One of those days maybe ! I still need my 2-3 bottom of range longs though, as they are usually the ones that survive on the long-term and have the greatest reward. Lost my 2186 at BE, got back in at 2188 on a new scalp... Now best scenario is a slow, steady rise to above 2215. ..
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,584
  • May 31, 2021 6:41am May 31, 2021 6:41am
monday psychology. Zzzz
Waiting 1.2212 or 1.2233
  • #133,585
  • May 31, 2021 6:58am May 31, 2021 6:58am
Quoting Ihlas
IMHO EU is going to hit 1.226000. Then down again




Quoting mtako
...21943 moved to BE if 21994 hit.
my 2188 also of course, and Im done for the day, cheers all !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,586
  • May 31, 2021 7:45am May 31, 2021 7:45am
Quoting corongumet
monday psychology. Zzzz Waiting 1.2212 or 1.2233
WHY NOT 1.2203?
  • #133,587
  • Edited 8:05am May 31, 2021 7:47am | Edited 8:05am
I have never seen the price try to retest a resistance up to 6 times in a row in 2/3 days ..... the price should go down first so that the correction is complete ... 1.220 is a resistance that must be appreciated because 1,220 is a resistance which is the scenario from the market so that the correction can be completed ... Until recently I had not understood why the bulls were pushing their way too hard on the market ...
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The Average Discount Everything
  • #133,588
  • May 31, 2021 8:03am May 31, 2021 8:03am
...seems like doors to 1.2215 are slowly opening..
Focus only on what truly matters!
  • #133,589
  • Edited 8:39am May 31, 2021 8:08am | Edited 8:39am
if only retail push price without smart money also fight for the price to rise ... while smart money is smiling at the fear and greed of bulls ... is it possible without smart money .... or is it possible to create a trend if the correction is not complete ... or vice versa bulls actually want to end the uptrend by forcing prices to go up .... this is a confusion for me .... and also by forcing prices to go up the market is setting a trap for retail when NFP appears
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The Average Discount Everything
  • #133,590
  • Edited 8:30am May 31, 2021 8:12am | Edited 8:30am
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try a sell order at this point.
hit sl
try another sell sl at 1,22050
tp at be now
hit break even
Happy trading
  • #133,591
  • May 31, 2021 8:34am May 31, 2021 8:34am
better trade tomorrow. prices seems dead for me. very lack of movement.
  • #133,592
  • May 31, 2021 9:06am May 31, 2021 9:06am
New long 2205. Surprised to see this one !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,593
  • May 31, 2021 9:15am May 31, 2021 9:15am
Quoting mtako
New long 2205. Surprised to see this one !
Good luck with this MTako! I am curious to see if it can get further to the upside from here.
If I were not on the sidelines, I would rather execute a sell order from here, TP ~1.2189.
Let's see how it goes...
  • #133,594
  • May 31, 2021 9:19am May 31, 2021 9:19am
Quoting mtako
New long 2205. Surprised to see this one !
It just had sudden 20m volatility growth after 2h volatility decrease, usually ripe for a BO of this type of ranging. Strong candle from 2190s support could be enough to raise the range and secure my 3 remaining longs of the day. But now probable false alarm as volatility is not following through fast enough for this setup. got out -2.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,595
  • May 31, 2021 9:29am May 31, 2021 9:29am
Quoting yvestrcz
{quote} Good luck with this MTako! I am curious to see if it can get further to the upside from here. If I were not on the sidelines, I would rather execute a sell order from here, TP ~1.2189. Let's see how it goes...
Thanks Yves! I have planned to take only one entry between 2196 and 2215. Coming out of such an established range is not easy. Best way is buy at low like I did already and wait for resistance to clear a good hour, depending of strength of course, before considering any new entry... Best way I usually get out of these ranges is also with my momentum trades but they are not many and my last was at 2192 which will probably get stopped out at BE also. I have a good one forming if price gets back to 2206 BEFORE 2192, got my buy stop in place at 2206 with trailing SL from 2193.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,596
  • May 31, 2021 9:33am May 31, 2021 9:33am
Im on selling. Trade m15
  • #133,597
  • May 31, 2021 9:47am May 31, 2021 9:47am
Last Friday and Today
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  • #133,598
  • May 31, 2021 9:52am May 31, 2021 9:52am
Quoting mtako
{quote}... I have a good one forming if price gets back to 2206 BEFORE 2192, got my buy stop in place at 2206 with trailing SL from 2193.

Moved Sl at 2200. Probability of it playing in the lower 90s again if 2200 hit here is still too high. Usual TP for this one is 2230.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,599
  • May 31, 2021 9:53am May 31, 2021 9:53am
Looks like it's breaking higher ?
  • #133,600
  • May 31, 2021 10:07am May 31, 2021 10:07am
Quoting Monk
Hope all had a good weekend - short @ 2193 sl 2225 and will sell more on any significant pushes up over 2200.
got stopped didn’t even get a chance to sell more or love my stop happened quick. Still bearish for some reason and trying another short here @ 2225 will give it a few see if it’s just pausing or what. Not a great start to the week. Trade was in slight profits then negative then profits a couple times. Almost closed middle of the night and reversed to long
--post hoc ergo propter hoc--
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