Hi all around here!
Today
God bless everyone!
Today
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
- #136,121
- Jul 13, 2021 8:11am Jul 13, 2021 8:11am
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
- #136,123
- Jul 13, 2021 8:36am Jul 13, 2021 8:36am
{quote} I wouldn't be surprised though if PA took the opposite direction instead and ran to the North no matter what. Or just trigger all stops, and then make this ugly U-turn and rally like crazy. Okay, enough imagining.
Reality surpasses any imagination.
- #136,124
- Jul 13, 2021 8:37am Jul 13, 2021 8:37am
- Joined May 2014 | Status: Full Time Trader | 27,110 Posts | Online Now
{quote} my 1802 support failed with a minimal loss. No need trying to jump in on the falling knife. 1771 extreme 1764 for possible bounce
NOW.. be careful because on H4, the bottom is building and inverted H&S pattern... Meaning: If bulls can bring it back above 1.1811 based on H4, price could reverse from here! Therefore, all eyes on 1.1811
In other words: price arriving at these expected lows (1.1790 area) can now trigger a bear trap! Careful!
My two cents
Focus only on what truly matters!
- #136,125
- Jul 13, 2021 8:45am Jul 13, 2021 8:45am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} In my view (and you will not hear that from anyone else here) the bear goal actually has been achieved.. I took profit at 1.1796 and now waiting on side lines to do nothing for the next 8 hours or so.. NOW.. be careful because on H4, the bottom is building and inverted H&S pattern... Meaning: If bulls can bring it back above 1.1811 based on H4, price could reverse from here! Therefore, all eyes on 1.1811 In other words: price arriving at these expected lows (1.1790 area) can now trigger a bear trap! Careful! My two cents
- #136,127
- Jul 13, 2021 8:56am Jul 13, 2021 8:56am
- Joined May 2014 | Status: Full Time Trader | 27,110 Posts | Online Now
{quote} 100%
Focus only on what truly matters!
- #136,128
- Jul 13, 2021 9:09am Jul 13, 2021 9:09am
- Joined Nov 2018 | Status: Trader | 1,051 Posts
New Day - New Month - Welcome July Please find attached herewith YEARLY & JULY Monthly Important Levels IMO White is Yearly Down Side Yellow Monthly High and Aqua Monthly Low Levels. {image} Yellow Monthly High and Aqua Monthly Low Levels. Green Weekly High and Orange Weekly Low. {image} Please find herewith Daily Also and see the Previous All Days Results {image} Thanks & Regards
Candle Entered Confluence Zone Between.
Yearly Fibo @ 50% @ 1.1801
Monthly Fibo @ 23.6% @ 1.1797.
Took the Support and Bounced Back.
Only Some and Rare Traders are Posting logical Snap Shots.
Please post some good Snap Shots so it can help all Fellow Traders.
Thanks & Regards
- #136,129
- Jul 13, 2021 9:09am Jul 13, 2021 9:09am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #136,130
- Jul 13, 2021 9:10am Jul 13, 2021 9:10am
- Joined May 2014 | Status: Full Time Trader | 27,110 Posts | Online Now
Meanwhile, on M15
Based on retail statistics, I could normally just sell 1.18165 BUT for this one I am delaying my next action because I want to see if bears can keep it below this level and especially below the RED TL I added.. My motto is: Keep your calm and do nothing for a while!
Based on retail statistics, I could normally just sell 1.18165 BUT for this one I am delaying my next action because I want to see if bears can keep it below this level and especially below the RED TL I added.. My motto is: Keep your calm and do nothing for a while!
Focus only on what truly matters!
- #136,131
- Edited 9:46am Jul 13, 2021 9:12am | Edited 9:46am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
{quote} For tomorrow I have 1.1839 as nearest resistance on DAILY... If bulls can reach that level today, tomorrow could become a highly interesting day.. I will not trade during these hunger games for sure.. Tomorrow after London we can decide..
Today I'm scalping between 1.1825 and 1.18
As long as 1.1930 holds TODAY I'm shorting/scalping.
edit: ust hit 62% fib and add to shorts
...because you never know - until you do!
- #136,132
- Jul 13, 2021 9:24am Jul 13, 2021 9:24am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} For tomorrow I have 1.1839 as nearest resistance on DAILY... If bulls can reach that level today, tomorrow could become a highly interesting day.. I will not trade during these hunger games for sure.. Tomorrow after London we can decide..
- #136,133
- Jul 13, 2021 9:41am Jul 13, 2021 9:41am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Watching them have their last sweet 1830s goodbye 
Hey, is energies still around ? I think I caught his/her bug !
Missed you mate !
Hey, is energies still around ? I think I caught his/her bug !
{quote} ...next, 1.17xx !?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #136,135
- Jul 13, 2021 10:05am Jul 13, 2021 10:05am
- Joined May 2014 | Status: Full Time Trader | 27,110 Posts | Online Now
I can already share my DAILY S/R levels for tomorrow, which might already started to affect current price action...
- 1.1838 is the nearest resistance...
- 1.1795 is what bears have to break next...
Cheers
Focus only on what truly matters!
- #136,136
- Jul 13, 2021 10:17am Jul 13, 2021 10:17am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Good afternoon fellow traders, Big news main action gone! Waited till now to consider setups. Price is testing significant bottom of established (1D) range in nice ranging conditions. Bears be ware ! BUT INtraday The stars are aligned for a proper new low testing, and I doubt bears are done. Momentum to volatility just perfect. Sold at 1816. Probability is good but returns are uncalculatable if we break through .1720s. Dreaming here ! lets rock and roll !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #136,137
- Jul 13, 2021 10:32am Jul 13, 2021 10:32am
- Joined Nov 2018 | Status: Trader | 1,051 Posts
{quote} The levels posted here are all you need. A chart is all we got and we watching it into the future.
. Time - Price & Action only needed.
From the Past we can Predict the Future.
- #136,138
- Jul 13, 2021 11:10am Jul 13, 2021 11:10am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} Markets are Random
- #136,139
- Jul 13, 2021 11:16am Jul 13, 2021 11:16am
- Joined Jun 2009 | Status: Trader | 1,734 Posts
{quote} Markets are Random
MY GRID. Markets are NOT random.
- #136,140
- Jul 13, 2021 11:32am Jul 13, 2021 11:32am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
To enter for any swing longs under these great buying circumstances, I would normally need more price action on the shorter Timeframes. Need the confirmation that it is probable enough that it will be just another bottom at these levels, 3rd on the Daily... Quite significant levels we are at again, in my opinion. I have had to prepare for many possible high-tension scenarios 
!
A good clean double bottom (10m to 1H ) with enough volatility would do the trick to make a few attempts worth it. Perhaps this week. Perhaps even now, with a 18366 range trade entry from the 1H. Could safely move SL at BE the second 1860 would be hit. Wont happen now folks, got ya ! But if it does happen(market doesnt surprise me anymore !), we would then be looking at the start of a reversal and aiming for .22, or more ranging in the 1700s and 1800s...
FUN TIMES!
For now though, my short has still all its potential. Also, volatility and average range while below 1816 just dropped significantly for the first time since the last drop, and price is therefore ripe for a last wild drop, if there is another today. BEing careful !, also could mean the big rise back above 1850 is ready to happen !
One nice drop like this here!. Ill take it to go with my red wine and prosciutto please !
!A good clean double bottom (10m to 1H ) with enough volatility would do the trick to make a few attempts worth it. Perhaps this week. Perhaps even now, with a 18366 range trade entry from the 1H. Could safely move SL at BE the second 1860 would be hit.
Wont happen now folks, got ya ! But if it does happen(market doesnt surprise me anymore !), we would then be looking at the start of a reversal and aiming for .22, or more ranging in the 1700s and 1800s...FUN TIMES!
For now though, my short has still all its potential. Also, volatility and average range while below 1816 just dropped significantly for the first time since the last drop, and price is therefore ripe for a last wild drop, if there is another today. BEing careful !, also could mean the big rise back above 1850 is ready to happen !
One nice drop like this here!. Ill take it to go with my red wine and prosciutto please !
Good afternoon fellow traders, Big news main action gone! Waited till now to consider setups. Price is testing significant bottom of established (1D) range in nice ranging conditions. Bears be ware ! BUT INtraday The stars are aligned for a proper new low testing, and I doubt bears are done. Momentum to volatility just perfect. Sold at 1816. Probability is good but returns are uncalculatable if we break through .1720s. Dreaming here ! lets rock and roll !
{quote} {image}
{quote} .... I myself am looking for shorts below 1850 for tomorrow, but it would have to stay down there more than a couple of hours before I consider getting in, and need that extra confirmation probably for similar reasons that will get you to go long around 1847 ! For now, still more probable for me to take longs above 1874 instead, especially if these levels here (1850s-60s)are not breached again. Looking good still and will maybe even get an earlier entry if 1852 isnt touched before 1860, with some fresh scalping worthy momentum that could...
Ata and friends ! So nice to see you all!. Hope all of you are well. I've been busy NOT trading for over a month now for health reasons..... Tacos are on me as usual !
{image}
If I don't mention SL and/or TP = longer-term setup possibly in the works!