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  • #136,581
  • Jul 21, 2021 7:30am Jul 21, 2021 7:30am
Quoting SnaveForex
Price action at it's best. Bears and bulls are playing this game to the pip. All this pushback from 1812 is all bulls holding their stance with bears countering and wanting lower.
Attached Image

Just saying, a bull move is due to blow through that 1812 and never look back.

Attached Image

I will continue to buy the lows aiming higher sometime for a good swing. So far attempts and signals from my system has failed Happy Trading[/quote]

I'm here with you
...because you never know - until you do!
  • #136,582
  • Jul 21, 2021 7:39am Jul 21, 2021 7:39am
Same as yesterday and the day before,

Shy lower high, shy new low,

But this third time, shines a subtle difference:

Till it be morrow

It has time to go go go

For two new lows in a row.
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,583
  • Edited 8:14am Jul 21, 2021 8:01am | Edited 8:14am
Bears very, very tired. Swithcing to buying dips now.
Edit: Not yet, going down again. Bears are not done.
  • #136,584
  • Jul 21, 2021 8:17am Jul 21, 2021 8:17am
Dear bears: Keep your mental stop at 1.1773 and keep trailing.. Let's see how deep it can go..
Focus only on what truly matters!
  • #136,585
  • Jul 21, 2021 8:20am Jul 21, 2021 8:20am
Quoting SnaveForex
Price action at it's best. Bears and bulls are playing this game to the pip. All this pushback from 1812 is all bulls holding their stance with bears countering and wanting lower. Just saying, a bull move is due to blow through that 1812 and never look back. I will continue to buy the lows aiming higher sometime for a good swing. So far attempts and signals from my system has failed Happy Trading
usd managed to close below 1772 but not 1762 Interesting. May be something brewing. Watching for a potential good short here at 1792 better yet 1812 if pa doesn't blow through it
  • #136,586
  • Jul 21, 2021 8:32am Jul 21, 2021 8:32am
I am watching 1.17717-1.17529 area, there's likelihood of trade opportunity there to either direction, though it seems MM are holding EU from moving until tomorrow or Friday
  • #136,587
  • Jul 21, 2021 8:37am Jul 21, 2021 8:37am
Quoting fxsport
{quote} {image} Just saying, a bull move is due to blow through that 1812 and never look back. {image} I will continue to buy the lows aiming higher sometime for a good swing. So far attempts and signals from my system has failed Happy Trading
I'm here with you[/quote]

I fully agree. day 19 my system shows a very significant high coming. thanks to the fight of the bulls and bears I'm on scalper. because I have differences in the medium and long term. I prefer to wait patiently to see who wins.
  • #136,588
  • Jul 21, 2021 8:40am Jul 21, 2021 8:40am
I am on side lines now.. I have no idea what this pair is currently doing.. This should have been below 1.1700 long time ago.. Total waste of the day.. Will wait..
Focus only on what truly matters!
  • #136,589
  • Jul 21, 2021 8:43am Jul 21, 2021 8:43am
Quoting Kyuu
{quote} It is holding for the 3rd time, but this PA as a whole is suspicious and Daily close was very unsettling. I'm just following my rules, if it's a nice bull run that'd be awesome. Worst case scenario I make a small profit and go back to the drawing board to see where I should enter short.
Price action has been so strange I've sidelined for a while. However, my long term bias is short and I have a entry order for short at 1.179 anticipating my level 1.17908, which held for support 3 times during Asian session, MIGHT hold as resistance.

As we can see, this support line here keeps "breaking", which is a sign of potential bear strength/bull weakness. I believe now we are having an up-move to get the best short price in order to drop. This might be the moment of truth, maybe not. We'll find out
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  • #136,590
  • Jul 21, 2021 8:45am Jul 21, 2021 8:45am
Quoting Ata-Turkoglu
I am on side lines now.. I have no idea what this pair is currently doing.. This should have been below 1.1700 long time ago.. Total waste of the day.. Will wait..
hahaha, same post same time same thoughts. This really has been so strange
  • #136,591
  • Jul 21, 2021 8:49am Jul 21, 2021 8:49am
This is Euro on the weekly, there's so much "confusing" PA that's happening but one thing we can say for sure is that this obvious "support" line broke.

For the 3rd time, we are finding ourselves right back at the support line. The golden question is: Is this just a ridiculous long accumulation and punishing all who went long and keep going long? Or punishing people who go short because the line "broke" , or maybe a mix of both? Either way, this PA is punishing all those who are "over trading".

Whichever bias you have, stick with 1 and try to get the best entry possible and scalp if not. This weekly will either end above or below this support line, take your bet and don't drive yourself into a hole

**My own notes: Last time we broke the resistance line with the arrow above, we went above, closed below, had a much lower low before breaking and closing above, went back down AGAIN and wicked, trickled up then dropped. With this in mind, I'm sure there's plenty more stop hunt washing techniques that will be applied over the next few days and that one clear "Direction" is not going to be given until hindsight after the storm.
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  • #136,592
  • Jul 21, 2021 8:52am Jul 21, 2021 8:52am
Quoting Kyuu
{quote} hahaha, same post same time same thoughts. This really has been so strange
Oblivion!
Focus only on what truly matters!
  • #136,593
  • Jul 21, 2021 8:55am Jul 21, 2021 8:55am
Quoting Ata-Turkoglu
I am on side lines now.. I have no idea what this pair is currently doing.. This should have been below 1.1700 long time ago.. Total waste of the day.. Will wait..
Your friends are holding it as there's large expiry tomorrow and Friday at 1.1700, if it gets there today, they will lose out
  • #136,594
  • Jul 21, 2021 8:56am Jul 21, 2021 8:56am
Quoting SnaveForex
{quote} usd managed to close below 1772 but not 1762 Interesting. May be something brewing. Watching for a potential good short here at 1792 better yet 1812 if pa doesn't blow through it
Let's see what they do at these levels

Quoting SnaveForex
Price action at it's best. Bears and bulls are playing this game to the pip. All this pushback from 1812 is all bulls holding their stance with bears countering and wanting lower. Just saying, a bull move is due to blow through that 1812 and never look back. I will continue to buy the lows aiming higher sometime for a good swing. So far attempts and signals from my system has failed Happy Trading
Ramification by the bulls
  • #136,595
  • Edited 9:26am Jul 21, 2021 9:12am | Edited 9:26am
Quoting Ata-Turkoglu
I am on side lines now.. I have no idea what this pair is currently doing.. This should have been below 1.1700 long time ago.. Total waste of the day.. Will wait..
Indeed, very troubled waters, murky waters in which it is so hard to see ones own reflection. For me, these are also the multi-year shameless levels. Better zoom out minimum 4 years, but more years even have fallen prey to these levels' staleness ...

What a mess we have to venture into sometimes !
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #136,596
  • Jul 21, 2021 9:12am Jul 21, 2021 9:12am
"The EURUSD has broken to a new session high and in the process has moved above a resistance area near 1.17809. Watch that level now for close support. The 100 hour MA at 1.17933 will be the next hurdle if the rally can continue, followed by the highs from yesterday at 1.18019. A downward sloping trend line cuts across on the hourly chart near that level at 1.1803. "

from

https://www.forexlive.com/technical-...ur-ma-20210721
Trends have a higher probability of continuing than not.
  • #136,597
  • Jul 21, 2021 9:14am Jul 21, 2021 9:14am
I’m finally learning some patience. Hour or so ago was about to close it out with just a few pipe profit but held tight. Seeing what 1800 does. Moving stop way up though and lock some of this in. Looking back 1800/20 looks like a tough area to break through
--post hoc ergo propter hoc--
  • #136,598
  • Jul 21, 2021 9:18am Jul 21, 2021 9:18am
Screw it.. I will trust statistics for this one..

Selling here at 1.1787... Stops at least 25 pips.. Target: open..
Focus only on what truly matters!
  • #136,599
  • Jul 21, 2021 9:23am Jul 21, 2021 9:23am
Quoting Ata-Turkoglu
Screw it.. I will trust statistics for this one.. Selling here at 1.1787... Stops at least 25 pips.. Target: open..
Oh no! You sound like me now!

Good trading...
...because you never know - until you do!
  • #136,600
  • Jul 21, 2021 9:24am Jul 21, 2021 9:24am
Quoting Ata-Turkoglu
Screw it.. I will trust statistics for this one.. Selling here at 1.1787... Stops at least 25 pips.. Target: open..
lol - believe that’s the first time I’ve seen you make a post or that temperature. That’s usually how lost of my trades get executed. Tempted to follow you but I’ve learned my lesson in exiting then jumping right back in reversing direction
--post hoc ergo propter hoc--
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