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  • #134,981
  • Edited 5:30am Jun 16, 2021 5:15am | Edited 5:30am
Hmmm, bulls are in trouble for now.
1.2118 last man standing. If it breaks below that, there is not much that can save these poor bulls.
In other words, we might as well see a massive bullish intervention out of the blue. Let's see.
It is becoming very interesting now.
  • #134,982
  • Edited 6:43am Jun 16, 2021 5:59am | Edited 6:43am
bulls too weak ... actually now time for bulls to buy .... 1.21096 is bearish area ... if price come to 1.21096 the area fight is 1.21016... devergence tf m15 ... and looks now candle tf h4 ... bearish target 1.20924 .... hehehe
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i can't move price ... but i only can make analize .... only that
The Average Discount Everything
  • #134,983
  • Jun 16, 2021 6:14am Jun 16, 2021 6:14am
Quoting yvestrcz
Hmmm, bulls are in trouble for now. 1.2118 last man standing. If it breaks below that, there is not much that can save these poor bulls. In other words, we might as well see a massive bullish intervention out of the blue. Let's see. It is becoming very interesting now.
Attached Image
they are roasted
just joking
not trading till dust hat settled after Powell spoke
Trends have a higher probability of continuing than not.
  • #134,984
  • Jun 16, 2021 7:07am Jun 16, 2021 7:07am
Between now and 2:30 this is what I plan on doing...
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Actually what I "think" will happen will be an immediate drop in price designed to suck in the retail traders followed by a massive pop that wipes out lots of accounts.
...because you never know - until you do!
  • #134,985
  • Jun 16, 2021 7:14am Jun 16, 2021 7:14am
Quoting fxsport
Between now and 2:30 this is what I plan on doing...{image}Actually what I "think" will happen will be an immediate drop in price designed to suck in the retail traders followed by a massive pop that wipes out lots of accounts.
I think so too.

It might dip down into the demand zone between 2050-2080, then shoot up.
  • #134,987
  • Edited 8:19am Jun 16, 2021 7:22am | Edited 8:19am
My prediction: FOMC will shoot up so fast in 1 direction and this entire 3 days has been accumulation :O

But who knows, they can make one more low that breaks the support lines I have in my falling range. If the market does want to go up, we'll just have to see if they finished accumulating or not...
  • #134,988
  • Jun 16, 2021 7:25am Jun 16, 2021 7:25am
Quoting fxpipper
{quote} I think so too. It might dip down into the demand zone between 2050-2080, then shoot up.
If it hits 1.2050 I'm on it!
...because you never know - until you do!
  • #134,989
  • Jun 16, 2021 7:41am Jun 16, 2021 7:41am
Nonetheless, PA is very boring again. Will be back right before the US gossip takes place.
  • #134,990
  • Jun 16, 2021 7:53am Jun 16, 2021 7:53am
Quoting Traderview
{quote} 1.2042. No selling above 1.2146.
1.2042 is my lower range from 1.2072

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MY GRID. Markets are NOT random.
  • #134,991
  • Jun 16, 2021 8:05am Jun 16, 2021 8:05am
Still no major movement. Stuck between a rock and hard place.
  • #134,992
  • Jun 16, 2021 8:14am Jun 16, 2021 8:14am
It would be awesome to get to 1.205. my sell tp is 1.207.
Just placed a buy limit on 1.205
Even if the morrow is barren of promises, nothing shall forestall my return
  • #134,993
  • Edited 8:52am Jun 16, 2021 8:32am | Edited 8:52am
time to buy more and make up trend more
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The Average Discount Everything
  • #134,994
  • Jun 16, 2021 8:45am Jun 16, 2021 8:45am
Quoting Monk
{quote} LOL - I’m almost back to breakeven...again...for the 5th time I think. Going to let 2150 have one more shot
BAH!!! No one to blame but myself. Going to try and set a record of times being underwater and hitting BE +2 pips for a few minutes before going underwater again for 12 hours. Thinking mating 10x I can do it lol. Have a bad feeling this will finally be the plunge and I simply missed half dozen good chances to get a solid short positioned
--post hoc ergo propter hoc--
  • #134,995
  • Jun 16, 2021 9:07am Jun 16, 2021 9:07am
Quoting Monk
{quote} BAH!!! No one to blame but myself. Going to try and set a record of times being underwater and hitting BE +2 pips for a few minutes before going underwater again for 12 hours. Thinking mating 10x I can do it lol. Have a bad feeling this will finally be the plunge and I simply missed half dozen good chances to get a solid short positioned
Why are you here Monk? To prove everyone how great of a sucker you are? I don't get it.. Please enlighten us!
Focus only on what truly matters!
  • #134,996
  • Jun 16, 2021 9:07am Jun 16, 2021 9:07am
Quoting hesron
time to buy more and make up trend more {image}
Hi Hesron,
What indicator do you use to show the supply and demand zones?
Even if the morrow is barren of promises, nothing shall forestall my return
  • #134,997
  • Jun 16, 2021 9:26am Jun 16, 2021 9:26am
Quoting Ata-Turkoglu
{quote} Why are you here Monk? To prove everyone how great of a sucker you are? I don't get it.. Please enlighten us!
lol...that’s part of it I’m sure. But main is to learn and talk things through. I’m still bullish over this week and last few days feel like I’ve actually improved. I picked my entries and stop and have stuck with them. My stop hasn’t come close to being triggered and my exit either. In the past what I’d have done is got the positions in....then been underwater and would close at a loss reverse sentiment and then price would rebound other way and I’d loose again. Then I would do that a few times in a row.

This week I have managed to stick with my convictions which is we are headed north of 2150. And the multiple times of being negative then getting back to be but no where near my tp and then having it cycle all over again and I NOT exit is some growth.

mainly because my history has shown as soon as I exit / deviate from my original plan...the plan starts to work.

so sticking with my long to see what getting over 2130 does
--post hoc ergo propter hoc--
  • #134,998
  • Jun 16, 2021 9:33am Jun 16, 2021 9:33am
Quoting Monk
{quote} lol...that’s part of it I’m sure. But main is to learn and talk things through. I’m still bullish over this week and last few days feel like I’ve actually improved. I picked my entries and stop and have stuck with them. My stop hasn’t come close to being triggered and my exit either. In the past what I’d have done is got the positions in....then been underwater and would close at a loss reverse sentiment and then price would rebound other way and I’d loose again. Then I would do that a few times in a row. This week I have managed to stick...
There is a lot of wisdom shared on our thread.. Many have contributed to give golden nuggets that could help members to improve their trading style.. With you we want to see that there is progress.. If there is no progress and you keep whining and ranting I will begin to take it as a "hopeless case".. Therefore I expect you to show us that you are improving.. otherwise I have to direct you to a 9 to 5 job.. Thanks in advance!
Focus only on what truly matters!
  • #134,999
  • Jun 16, 2021 9:35am Jun 16, 2021 9:35am
Quoting eldarreiny
{quote} Hi Hesron, What indicator do you use to show the supply and demand zones?
that is no indicator brothers, i draw manually using wyckoff method (using scheme of akumulation and distribution, with the 3 laws of wyckoff, supply demand, cause and effect , effort and results), but instead of point and figure chart, i use Fibonacci retracement with difference level
The Average Discount Everything
  • #135,000
  • Jun 16, 2021 9:36am Jun 16, 2021 9:36am
Quoting Ata-Turkoglu
{quote} There is a lot of wisdom shared on our thread.. Many have contributed to give golden nuggets that could help members to improve their trading style.. With you we want to see that there is progress.. If there is no progress and you keep whining and ranting I will begin to take it as a "hopeless case".. Therefore I expect you to show us that you are improving.. otherwise I have to direct you to a 9 to 5 job.. Thanks in advance!
Ata, we appreciate all your posts and guidance. I love your analysis ! Thanks again for all your hard work !
Drawdown is more important than Account Size !
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