{quote} When I was watching reaction from 1.2162 M1 helps me to track smallest bull signs for precise entry.. BUT as you can see there was not the slightest form of reaction to form a cross! No rush! Edit: cross occurred at 1.2157... I opened a long order.. Stops must go at least 15 pips lower or more.. Cheers (Any M15 candle closing below 1.2153 would be also a reason to abort my long order)*One more thing: Please don't use the M1 chart for trading folks.. not a good habit! M1 is good only for precise entries and exits.. {image}
Today we will have a fountain. Final destination 1.23600. See you there. Good luck
not sure why people are buy biased but I am on sells. I see the confirmation on almost every timeframe. sl 1.2175 tp 1.2124 Daily failed to break above previous resistance {image} same for 4 hours {image} 1 hour {image} 30mins {image}
{quote} There is ONE FACT: people are trading different time frames and have different profit targets on this thread. And it is very natural that different time frames can have different trend directions. Please don't mind the mixture of various traders on this thread, it is your job to filter what matters to you. One thing for sure: Nobody is 100% right or wrong! Cheers
{quote} Thanks, Ata, I am open-minded about variations in analysis. So I will also try and learn from others. but for today's view, I thought almost all of us would be in the same direction so I felt a bit off as the one who saw sells. *still learning*
{quote} You're welcome.. If you can study the effects of "divergence" a little deeper you can understand that not every "bearish" picture is actually really bearish.. Divergence happens from time to time and it creates illusions.. There are situations where a bearish trend reverses right at the moment where all time frames are bearish! Most retail traders jump in with confidence just to see that they are played.. Divergence is not a guarantee for every trend reversal BUT divergences can be found almost always just before trend reversals.. So don't...
{quote} this helps a lot, thank you. I will check out more about divergence. I think I am among the "retail traders who jump in with confidence just to see that I have been played" at times.
{quote} I am noticing that you are throwing in comments on various threads but without any charts at all.. I have to remind you that this thread is strongly based on "reasoning"... It would be nice to see your ideas backed up by charts from time to time.. Thanks for your cooperation!
Sometime ago I posted short and long term targets for GU and then I stopped posting with details. Because as price develops something can change. Regarding charts, I don't use any indicators (except moving averages) or other common things. I have totally different approach when reading charts. I don't think my charts will be understood, so I don't post them. Today we will have a fountain. Final destination 1.23600. See you there. Good luck
{quote} Have you noticed that this levels are hit?
