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  • #136,321
  • Jul 16, 2021 5:33am Jul 16, 2021 5:33am
Hmm, this is looking like serious and determined bears...
  • #136,322
  • Jul 16, 2021 5:39am Jul 16, 2021 5:39am
i was long now i out for a loss again
  • #136,323
  • Jul 16, 2021 6:14am Jul 16, 2021 6:14am
Quoting Ronaldjkirby
i was long now i out for a loss again
Sorry for that, but the move was so sudden, although it has braked 1817 level, then rain of bears started.
  • #136,324
  • Jul 16, 2021 6:22am Jul 16, 2021 6:22am
Quoting yvestrcz
The sentiment is pretty indecisive today, and so is PA so far... {image}
Thats the ranging heaven I love ! Another at least 10 pips up ? Wonder how many times we can buy lows and sell highs this time... Wonder how long... I wonder if another expresso will bring about a real breakout

Good day all !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,325
  • Jul 16, 2021 6:28am Jul 16, 2021 6:28am
Quoting Ronaldjkirby
i was long now i out for a loss again
What are you doing wrong ? @the moment i think it is possible even for a newbe to read the signs and graphs easily.
Have trust in yourself, study the basics again, adjust your strategy ( if you think it is needed) and restart again.
Losses belong to a trader like a coffee mug. We all have them sometimes. Every traders goal is to minimise losses and magnify profits.
Don´t let a few minor losses demotivate you.
  • #136,326
  • Jul 16, 2021 6:32am Jul 16, 2021 6:32am
Quoting mtako
{quote} Thats the ranging heaven I love ! Another at least 10 pips up ? Wonder how many times we can buy lows and sell highs this time... Wonder how long... I wonder if another expresso will bring about a real breakout Good day all ! {image}
Well, my friend, I suspect this is not looking like bears letting the guard down for another swing. I suspect they may want to keep it below 1.18065 this time, and then make it through the support at last.
  • #136,327
  • Jul 16, 2021 6:54am Jul 16, 2021 6:54am
Hi again all around here,

short
Attached Image (click to enlarge)
Click to Enlarge Name: EURUS4.png Size: 79 KB

God bless everyone who reads this line!
The only impartial feeling is love. It is also the only feeling of God.
  • #136,328
  • Jul 16, 2021 7:04am Jul 16, 2021 7:04am
Quoting yvestrcz
{quote} Well, my friend, I suspect this is not looking like bears letting the guard down for another swing. I suspect they may want to keep it below 1.18065 this time, and then make it through the support at last.

Very possible. More so than the opposite if we were still in the middle of the range... Very important to follow the path of least resistance indeed.

I am still buying though if we get back above 1802 soon. As I will sell again if the same action happens again from above. Ive got a few ranging strategies specifically to tackle these conditions. Need to wait for the right moment though.

News coming up

Trade safe all !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,329
  • Jul 16, 2021 7:08am Jul 16, 2021 7:08am
Quoting LvMMT
Hi again all around here, short {image} God bless everyone who reads this line!
Good luck with the short! I must say there is a king-of-the-bad-asses support there at about 1.1776, and it will probably need some very good US data to help bears make it below this.
  • #136,330
  • Jul 16, 2021 7:13am Jul 16, 2021 7:13am
Quoting yvestrcz
{quote} Good luck with the short! I must say there is a king-of-the-bad-asses support there at about 1.1776, and it will probably need some very good US data to help bears make it below this.
Bears now working their arses off to orchestrate a resistance there at about 1.1797, however the outcome is definitely not clear yet.
  • #136,331
  • Jul 16, 2021 7:33am Jul 16, 2021 7:33am
Buy stops in place 1801 (set up from 15m bear candle high break from bottom of established range under ranging conditions), AFTER news only, TP1 1808, next stop 1813, and leaving a tiny bit open.

Am I feeling lucky ?


Quoting mtako
{quote} Very possible. More so than the opposite if we were still in the middle of the range... Very important to follow the path of least resistance indeed. I am still buying though if we get back above 1802 soon. As I will sell again if the same action happens again from above. Ive got a few ranging strategies specifically to tackle these conditions. Need to wait for the right moment though. News coming up Trade safe all !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,332
  • Jul 16, 2021 7:56am Jul 16, 2021 7:56am
Really need hour close above 1806 ! Cant hang around too long...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,333
  • Edited 8:09am Jul 16, 2021 7:59am | Edited 8:09am
From here and based on H1 chart, bears have the upper hand as long as candles open below 1.1811..

*On H1, my classic sell level sits at 1.1810.. Selling pullbacks is the better option for now! BUT GREEN line (colored ma) is flat and therefore choppiness can distort best entry levels.. Beware!
Attached Image (click to enlarge)
Click to Enlarge Name: H1_Status.png Size: 25 KB
Focus only on what truly matters!
  • #136,334
  • Jul 16, 2021 8:01am Jul 16, 2021 8:01am
My scalps are expired Closed 2/3 with +1 pips WOW , leaving the rest TP open. SL 17935 or opposite setup.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,335
  • Jul 16, 2021 8:11am Jul 16, 2021 8:11am
New setup on volatility ! Buying at 18059 but that 15m candle would then need to close above 18086, 10 pips SL TP 1821
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,336
  • Jul 16, 2021 8:21am Jul 16, 2021 8:21am
My First TP hit and I've closed it, thanks mtako Sir.
  • #136,337
  • Jul 16, 2021 8:28am Jul 16, 2021 8:28am
Quoting mtako
New setup on volatility ! Buying at 18059 but that 15m candle would then need to close above 18086, 10 pips SL TP 1821
Fabulous ! Give or take 1min I should have been more precise ! But 1813 still soo strong. You see, yesterday 1813 was the hottest ticket in town. I dare you to count the times price danced around 1813s skirt !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,338
  • Jul 16, 2021 8:32am Jul 16, 2021 8:32am
Price arrived at most crucial level: 1.1811.. The moment of truth.. Let's see..

*And be aware: It's Fry-day Don't get fried..
Focus only on what truly matters!
  • #136,339
  • Jul 16, 2021 8:47am Jul 16, 2021 8:47am
Quoting Thosy
My First TP hit and I've closed it, thanks mtako Sir.

It is a great pleasure, my friend, to know that something I shared helped. I also took a bit of profit at this level from entries I had no time to share. P.S No need to call me sir. Cheers mate !

Had to close all my longs actually as 15m needed a close above 1808, at the very least... We are still in range bound territory and it just failed on top...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,340
  • Jul 16, 2021 8:48am Jul 16, 2021 8:48am
Short again

Attached Image (click to enlarge)
Click to Enlarge Name: EURUS5.png Size: 56 KB

God bless everyone here
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