Disliked{quote} As long as bears keep it below 1.1802 I have my confidence to keep selling..Ignored
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Disliked{quote} As long as bears keep it below 1.1802 I have my confidence to keep selling..Ignored
Disliked{quote} Hi! Are you planning to sell again at 1802? That bull run from earlier has me nervous, haha! It looks like all candles are still closing with the previous daily ranges though. I have been trading EU for a year now and I have never been as mind blown as these last few days, haha..Ignored
Disliked{quote} I will definitely want to stay short and keep selling pullbacks as long as price stays below 1.1802/1.1811.. The real problem is the MONTHLY chart... Since we had a breakout, many possibilities might play out (see image). BUT all have one thing in common: It always goes up before it drops or if it doesn't drop at all... Some have little pullbacks that can't retouch the breakout line, some can retouch the breakout line and some just climb back above it... Long story short: Every potential "rise" is causing hesitation even in smart money algos...Ignored
Disliked{quote} 2H pullback setup not confirmed, and I would almost add : KABOOM DEAD ! That one needs a miracle, and thats ok, we can live off miracles with proper risk management. Needs to close back below 1812 in 1h30m, then a close below 1797 in the next 3h30, to keep it alive.Ignored
Disliked{quote} Understood! On the monthly, I see a possible second leg of an M but I know we have to break some serious support levels first. Thank you for such a great explanation! I feel like my mind has been in the clouds going back and forth between the bulls and bears, haha! I have learned a great deal these last couple of weeks. Thanks again!Ignored
DislikedFor the next 9 hours or so these are my levels on H4.. I am targeting 1.1763 area first! I could keep selling 1.1791 area.. {image}Ignored
DislikedGood morning y'all, it's been a while I made a post. Been busy finalizing my school stuffs. Anyways, I have been watching the market daily, even though I wasn't trading. Keep in mind that we have a hammer with a demand yesterday signifying the presence of bulls. To this effect I am buying dips. I have a buy limit @ 1.17626 Sl 50 pips as usual Tp @ 1.18682(Ecb loves extreme movement. IMO, that's the target).Ignored
DislikedShort again from 1825. One of those lessons of risk and tolerance management. More margin and money management. Could have held the last position guess little longer and added to it and been in a better spot. Now just playing catch up. SL now at be and will see where it goesIgnored
Disliked{quote} I simply focus on this: Since this month is going to end soon, a tiny zone between 1.1800 to 1.1831 will become resistance (based on anticipation). (I draw my trend lines from low to low/high to high AND from low to bottom/high to top of candle body) That means we will see lots of selling pressure coming in at that zone (and we are already witnessing it as of today) Again, long story short: 1.1800/31 area is currently a profitable sell zone.. {image}Ignored
Disliked...I am leaning more and more on shorts based on 4H and 1D momentum setups (shared in previous posts), that are still in perfect condition. Now waiting for a confirmation of 2H for an entry on the pullback, that will be enough, along with my 4H and 1D, to start keeping all shorts from all intraday setups open at BE (instead of taking profit), and till bears momentum on the 1D is broken. Also have a new sell stop now set at .1801. 1 st tpp 220 pips, dynamic SL lost in action (kidding, it would start at 70 pips). Also depends on how .1730s...Ignored
Disliked{quote} Hi! Are you planning to sell again at 1802? That bull run from earlier has me nervous, haha! It looks like all candles are still closing with the previous daily ranges though. I have been trading EU for a year now and I have never been as mind blown as these last few days, haha..Ignored
Disliked{quote} Miracles do happen, and when they do, it is breathtaking ! 2H pullback entry supported by longer-term 4H-1D momentum above average strength. All it needs now is a bit of volatility to break it free ! Condition 1 met straight away. Saved + setup confirmed with close below 1797 ! Now can call it a day for my long-term positions and even more important, can start keeping even my intraday entries at BE instead of their respective take-profit, and till 4h momentum is challenged again (scaling down 1),...Ignored
Disliked{quote} Saved ! Thanks Ata. I have not done much monthly observations, so your perspective of the monthly is also very interesting to me. {quote} All my shorts above 1790 to be moved at BE when/if price hits yesterdays 76-days! low, except my 1801, which can be moved at BE only at 1730s crucial daily support average, along with my above 1770s entries. {quote} First off, warm welcome fellow trader, welcome to the best thread in the world ! You maybe beyond this, but if not, I strongly encourage...Ignored
Disliked{quote} Anything above 1.1800 feels unlikely, but I still wish you good luckIgnored