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  • #136,281
  • Jul 15, 2021 8:20am Jul 15, 2021 8:20am
hi guys i am new just saying hello i started trading just EURUSD yesterday not trading anything else as i have tried them all and lost so EURUSD has the lowest spread on my broker mind you i have lost 3 out of 4 trades today . so dont follow anything i say hope i improve no more trades today for me
  • #136,282
  • Jul 15, 2021 8:21am Jul 15, 2021 8:21am
Quoting SnaveForex
Some impatient bears have sold too early. A fourth long wave to clear weak stops at 1848 and the top ceiling up until 188x is coming just my 3 cents could be wrong Selling higher is the theme. Major news ahead
A steamy and furious bear poked the 1820 handle. 1832 is worth to watch as some resistance now as that was the close yesterday candle.
This next h4 candle will be interesting how it will play out.

Good Luck fellow traders
  • #136,283
  • Jul 15, 2021 8:40am Jul 15, 2021 8:40am
I will buy some if 1.1817 cracks at last. Quite a furious clash there.
  • #136,284
  • Jul 15, 2021 8:51am Jul 15, 2021 8:51am
Quoting yvestrcz
{quote} Yes, you're right. That is why I denoted it as a bloody one. It is pretty fun with, though. Am attaching it below if you were interested... Cheers! {file}
Thanks for sharing, strange levels appear... many. too many... no, my eyes !!!! every top and bottom of waves ? every x number of candles ? But as you say, pretty fun if you are open minded. I like to have my perceptions challenged and that does the trick ! I do not consider these support and resistance though, and I have to admit I made up my own ways throughout the years and I am sure these could be used in a good way with enough hard work and research.

Back Kept my shorts open. Widened my stops to the 30s as I got a new setup and my 17 buystop setup expired before... Worth the risk when tackling such important levels, but only in relation with my scalps before that are covering the risk. Important to note that my volume varies greatly from trade to trade, and always drops for subsequent entries from same setup.


Now lets see this close below 1800 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,285
  • Jul 15, 2021 9:11am Jul 15, 2021 9:11am
1.1825 could provide enough resistance on H4 to try shorting.. BUT 1.1810 area was a definite no no for me!

...and based on H1, my GREEN line is flat and therefore we could expect the upcoming hours to act choppy!
Focus only on what truly matters!
  • #136,286
  • Jul 15, 2021 9:23am Jul 15, 2021 9:23am
Slow bull creep up with a lot of bear efforts until someone gives up.
  • #136,287
  • Edited 9:35am Jul 15, 2021 9:23am | Edited 9:35am
H1 Status Update

For my followers: Both, my classic angled lines and my optional 6 candles wide, 12 pips high angled lines are showing that 1.1821 area is our roughly sell zone.. BUT my old GREEN now colored ma line is flat and therefore we must act careful towards potential choppiness!
Attached Image (click to enlarge)
Click to Enlarge Name: H1_Status.png Size: 26 KB
Focus only on what truly matters!
  • #136,288
  • Jul 15, 2021 9:24am Jul 15, 2021 9:24am
Ok let's be fair here. My short was due to my SCALPING 2/5/15min charts). I went to walk the dog and it went against me so I doubled down because this month call me MR BEAR

And yes I'm often early to the party and last to leave ....

As it now appears on my 15 min chart with the price below the dailly pivot I'm staying short with a SL at the 1.1830 and open TP
Attached Image
...because you never know - until you do!
  • #136,289
  • Jul 15, 2021 9:26am Jul 15, 2021 9:26am
I have noticed that most members here (including myself) are "visual imagery" freaks..

..anyways.. don't rush in selling or sell as high as you can and as close as it gets to 1.1825! AND please note that when we are shorting this there is no guarantee that it will drop.. we are only raising the odds by selling as high as we can.. Often we might get stopped out as soon as we move stops to break even.. and that is how it should be!
Focus only on what truly matters!
  • #136,290
  • Jul 15, 2021 9:38am Jul 15, 2021 9:38am
Quoting Ata-Turkoglu
I have noticed that most members here (including myself) are "visual imagery" freaks.. ..anyways.. don't rush in selling or sell as high as you can and as close as it gets to 1.1825! AND please note that when we are shorting this there is no guarantee that it will drop.. we are only raising the odds by selling as high as we can.. Often we might get stopped out as soon as we move stops to break even.. and that is how it should be!
I'll take the risk Ata, thanks for your advice.
  • #136,291
  • Jul 15, 2021 9:45am Jul 15, 2021 9:45am
Quoting Willord21
{quote} I'll take the risk Ata, thanks for your advice.
Don't forget to move your stops to break even quick.. These are tricky hours!
Focus only on what truly matters!
  • #136,292
  • Jul 15, 2021 9:51am Jul 15, 2021 9:51am
micro ranging too long for this of day for me. Closed my last shorts 1816 and 1808 for +3 -5. Take care all beware its choppy still !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,293
  • Jul 15, 2021 10:29am Jul 15, 2021 10:29am
Only those who could sell 1.1820/25 area should place stops to break even now! Good luck!

In other words:
-those who could sell 1.1823 put sl to 1.1820.. locking +3 pips..
-those who could sell 1.1822 put sl to 1.1820.. locking +2 pips..
-those who could sell 1.1821 put sl to 1.1820.. locking +1 pip..
-those who could sell 1.1820 put sl to 1.1820.. risking break even..
Focus only on what truly matters!
  • #136,294
  • Jul 15, 2021 10:59am Jul 15, 2021 10:59am
Next we have to watch what happens at 1.1802... Some might just take profit there and some might tighten stops.. I am expecting a bullish reaction!
Focus only on what truly matters!
  • #136,295
  • Jul 15, 2021 11:22am Jul 15, 2021 11:22am
Quoting SnaveForex
{quote} A steamy and furious bear poked the 1820 handle. 1832 is worth to watch as some resistance now as that was the close yesterday candle. This next h4 candle will be interesting how it will play out. Good Luck fellow traders
35 min to h4 candle close. bears are in control somewhat trying a close below 1800.

closing price is important
  • #136,296
  • Jul 15, 2021 11:43am Jul 15, 2021 11:43am
Just thinking out loud.. Until direction is clarified, I am waiting on side lines! 1.17965 is key!

*Also notice: macd signal (blue) line is still above 0
Attached Image (click to enlarge)
Click to Enlarge Name: H4_Status.png Size: 35 KB
Focus only on what truly matters!
  • #136,297
  • Jul 15, 2021 11:57am Jul 15, 2021 11:57am
Quoting Ata-Turkoglu
{quote} --> From here on: As long as M15 candles stay below 1.1842 I keep selling pullbacks..
Short all the way down.
I have targets 1.15 and lower in a couple of mounts.
  • #136,298
  • Jul 15, 2021 12:24pm Jul 15, 2021 12:24pm
ES is loosing steam to the upside, likewise eurusd should go the other way.

Bought this dip
  • #136,299
  • Jul 15, 2021 12:27pm Jul 15, 2021 12:27pm
Quoting 3Davy
{quote} Short all the way down. I have targets 1.15 and lower in a couple of mounts.
I like to stay in the "now"... 1.1816 is waiting to get retested..
Focus only on what truly matters!
  • #136,300
  • Jul 15, 2021 12:28pm Jul 15, 2021 12:28pm
Quoting SnaveForex
ES is loosing steam to the upside, likewise eurusd should go the other way. Bought this dip
alhamdulillah
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