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EURUSD only

  • #134,721
  • Jun 11, 2021 8:01am Jun 11, 2021 8:01am
Quoting fxpipper
Sold at 2158, getting ready to take profit in less than 10 pips. I think it'll tap the demand zone there and then booyaka up. I have buy limit there as well. {image}
Exited my short at 2116. A bit too early it seems, could've held for another 15 pips. Still walked away with some nice profit. Now bought a small amount at 2110. Will probably hold over the weekend, (which I usually don't do because I have a phobia ).
  • #134,722
  • Jun 11, 2021 8:04am Jun 11, 2021 8:04am
Quoting SteFX85
H4 Wyckoff distribution phase Entering phase E ? {image} {image}
thank you for sharing
  • #134,723
  • Jun 11, 2021 8:07am Jun 11, 2021 8:07am
Tp 1.2100 hit. Long term tp to 1.1300.
Make it Green
  • #134,724
  • Jun 11, 2021 8:11am Jun 11, 2021 8:11am
Remember this???
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  • #134,725
  • Jun 11, 2021 8:12am Jun 11, 2021 8:12am
Quoting Acars
Hi everybody ; what will be the effect of the FED meeting?
What do YOU think it will be?

Grtz
What's that smell? ---- I smell money!
  • #134,726
  • Jun 11, 2021 8:16am Jun 11, 2021 8:16am
Quoting andvk74
Remember this??? {image}
Eerily exact, very well done.
A wise man changes his mind, a fool never will
  • #134,727
  • Jun 11, 2021 8:22am Jun 11, 2021 8:22am
Now im sideline. And see you long
  • #134,728
  • Jun 11, 2021 8:30am Jun 11, 2021 8:30am
IMO we are nearly completing a retracement hitting my support line for us to continue upwards. This move looks 100% forced, I don't think they will drop it much further. I'm all in long now. We are having impulse drops yet long term we are still falling down very slowly, I believe this is the final accumulation. Time will tell

(Daily + 15 min)
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  • #134,729
  • Jun 11, 2021 8:38am Jun 11, 2021 8:38am
DXY has pretty much filled its supply zone, so I smell a reversal coming.
  • #134,730
  • Jun 11, 2021 8:38am Jun 11, 2021 8:38am
Quoting louisfx
Tp 1.2100 hit. Long term tp to 1.1300.
interesting, but if i may ask, what makes you think that EU will go to 1.13 ?
  • #134,731
  • Jun 11, 2021 8:39am Jun 11, 2021 8:39am
Quoting Kyuu
IMO we are nearly completing a retracement hitting my support line for us to continue upwards. This move looks 100% forced, I don't think they will drop it much further. I'm all in long now. We are having impulse drops yet long term we are still falling down very slowly, I believe this is the final accumulation. Time will tell {image}
Attached Image (click to enlarge)
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Denial ?

Just messing with you ofcourse... anything is possible.
It's the bitcoin chart..

Btw, your chart is a mess.

Grtz
What's that smell? ---- I smell money!
  • #134,732
  • Jun 11, 2021 8:41am Jun 11, 2021 8:41am
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  • #134,733
  • Jun 11, 2021 8:42am Jun 11, 2021 8:42am
Quoting SteFX85
{quote} {image} Denial ? Just messing with you ofcourse... anything is possible. Btw, your chart is a mess. Grtz
Those lines have good meaning, I keep all my lines from the past because they play a potential role in what's happening. Until 1.206 breaks, the long term trend is still guaranteed up for me. If that breaks, the long term trend changes for me and thats where the despair + returning to the mean will grant a good short bias entry (for me at least).

I even called that we'd break the lows of the last week because it looked like we needed 1 more leg down on the Daily to break last weeks low to do the final accumulation. I can be wrong too so we'll see
  • #134,734
  • Jun 11, 2021 8:45am Jun 11, 2021 8:45am
Quoting Kyuu
{quote} Those lines have good meaning, I keep all my lines from the past because they play a potential role in what's happening. Until 1.206 breaks, the long term trend is still guaranteed up for me. If that breaks, the long term trend changes for me and thats where the despair + returning to the mean will grant a good short bias entry (for me at least)
No worries, if you understand it don't let me tell you otherwise
If you want us to understand it... I may recommend some improvements.

Grtz
What's that smell? ---- I smell money!
  • #134,735
  • Jun 11, 2021 8:53am Jun 11, 2021 8:53am
As for the bullish view... I do believe monthly pivot S1 1.20511 may provide some support.
However I think it will depend on FOMC next week.

Grtz
Attached Image (click to enlarge)
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What's that smell? ---- I smell money!
  • #134,736
  • Jun 11, 2021 8:53am Jun 11, 2021 8:53am
Quoting SteFX85
{quote} No worries, if you understand it don't let me tell you otherwise If you want us to understand it... I may recommend some improvements. Grtz
Sure, you can recommend anything. Whether or not it will affect the logic in my strategy and how I use the chaos on my chart is a different question, but always open to hearing what people have to say because there could be a parallel.
  • #134,737
  • Jun 11, 2021 9:01am Jun 11, 2021 9:01am
Quoting Kyuu
{quote} Sure, you can recommend anything. Whether or not it will affect the logic in my strategy and how I use the chaos on my chart is a different question, but always open to hearing what people have to say because there could be a parallel.
Hey if it's part of your strategy.. It's just that cramming charts with every line possible is something I used to do.. and all it did was cause confusion.
I'm not the one who has to tell you how to draw charts or how to trade.

No harm done and I do thank you for your insight.

Grtz
What's that smell? ---- I smell money!
  • #134,738
  • Jun 11, 2021 9:14am Jun 11, 2021 9:14am
The gray area in the support zone 1.2049 - 1.2067. In my view, this will take it to 1.2120.
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  • #134,739
  • Jun 11, 2021 9:18am Jun 11, 2021 9:18am
Btw, your chart is a mess. Grtz[/quote]

MY GRID. Markets are NOT random.
  • #134,740
  • Jun 11, 2021 9:34am Jun 11, 2021 9:34am
Quoting hans91
{quote} interesting, but if i may ask, what makes you think that EU will go to 1.13 ?
Will do that. But check Weekly chart you will see a very big bearish divergent.
Make it Green
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