R1=1.1799/1.1804 depending on my brokers
I am collecting shorts and truckdriver.
Trends have a higher probability of continuing than not.
- #136,602
- Jul 21, 2021 9:27am Jul 21, 2021 9:27am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
It looks like they are trying to break thru the 1.1800
...because you never know - until you do!
- #136,603
- Jul 21, 2021 9:29am Jul 21, 2021 9:29am
{quote} 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 {image}
6 pip mental stop loss, in my opinion any higher than 1.1795 ish and we're getting a higher high.
- #136,604
- Jul 21, 2021 9:32am Jul 21, 2021 9:32am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
This is what I believe will happen to price action when it hits 1.1800 OR it may wait until 1.1820 before...
...because you never know - until you do!
- #136,606
- Edited 10:38am Jul 21, 2021 9:42am | Edited 10:38am
It'll be interesting to see what happens around 92.80 for DXY, if it fails to hold we could see 1.18+ EURUSD again...but for how long? Will Lagarde come in like a wrecking ball and slam the pair back down towards 1.17 tomorrow? Personally, I hope not.
Bulls have a chance here. Bad US data might not help it hold the line, bulls need to take advantage.
Edit: We could now see a tussle between 92.66 DXY and 1.1807 EURUSD.
Both levels are gonna be like:
Bulls have a chance here. Bad US data might not help it hold the line, bulls need to take advantage.
Edit: We could now see a tussle between 92.66 DXY and 1.1807 EURUSD.
Both levels are gonna be like:
A wise man changes his mind, a fool never will
- #136,608
- Jul 21, 2021 9:43am Jul 21, 2021 9:43am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
{quote} 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
Focus only on what truly matters!
- #136,611
- Jul 21, 2021 9:53am Jul 21, 2021 9:53am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
{image}Take care with longs. R1=1.1799/1.1804 depending on my brokers I am collecting shorts and truckdriver.
It'll be interesting to see what happens around 92.80 for DXY, if it fails to hold we could see 1.18+ EURUSD again...but for how long? Will Lagarde come in like a wrecking ball and slam the pair back down towards 1.17 tomorrow? Personally, I hope not. Both levels are gonna be like: {image}
Focus only on what truly matters!
- #136,612
- Jul 21, 2021 9:55am Jul 21, 2021 9:55am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
monday deja vu, same hours for same impulsive movements. Could be a repeat, could be bulls taking over at last.. Meanwhile, on the 1D, present strength of momentum is intact as long as candle close is below 1820.And here another doodle, a snapshot I forgot to share, of one of my 1D momentum outlook of the day, and tension is rising!
My futile soul is trying to beat the unpopularity of my previously shared poem
! :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. {image}
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #136,613
- Jul 21, 2021 9:58am Jul 21, 2021 9:58am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Focus only on what truly matters!
- #136,614
- Jul 21, 2021 10:10am Jul 21, 2021 10:10am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} Look at you... another gif master is rising I guess
Sorry Ata ! Did not mean to unleash a gif invasion on your thread.BUT do not dare try to de-thrown me
! Ok, I admit the truck and penguin are 2 that made me laugh as much as mine
Funny that they are also essentially the same hilarious action. We animals are more alike than we think !Mgifo, King of gifs
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #136,615
- Jul 21, 2021 10:21am Jul 21, 2021 10:21am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Ok as planned.. one more try and a little higher:
Selling 1.1795... Stops at least 15 pips or higher.. TP: open..
Selling 1.1795... Stops at least 15 pips or higher.. TP: open..
Focus only on what truly matters!
- #136,616
- Jul 21, 2021 10:27am Jul 21, 2021 10:27am
Ok as planned.. one more try and a little higher: Selling 1.1795... Stops at least 15 pips or higher.. TP: open..
--post hoc ergo propter hoc--
- #136,617
- Jul 21, 2021 10:27am Jul 21, 2021 10:27am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
Mission Accomplished! 
...because you never know - until you do!
- #136,619
- Jul 21, 2021 10:33am Jul 21, 2021 10:33am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
{quote} probably the first time I’m betting against you Ata...thinking I might keep these positions open and looking for 2250 whenever that comes....maybe this was the bottom of the next leg up....one can dream
Focus only on what truly matters!
- #136,620
- Jul 21, 2021 10:44am Jul 21, 2021 10:44am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#USDX / H4 