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EURUSD only

  • #137,421
  • Edited 7:27am Aug 5, 2021 1:48am | Edited 7:27am
Sell

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for 1.1825 and 1.1815

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Good Morning

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Closed before new
Trends have a higher probability of continuing than not.
  • #137,422
  • Aug 5, 2021 1:58am Aug 5, 2021 1:58am
Hi All,

Here's my daily channel. Price is 35 pips away from channel support, so I recon it's more up from here. Channel support goes back to September 2020, so 1.1800 in my view is key support.

Regards
Guy
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  • #137,423
  • Aug 5, 2021 2:01am Aug 5, 2021 2:01am
consolidating on this area. but last push was bearish
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TMT Scalping System (Best system on FF)
  • #137,424
  • Aug 5, 2021 2:18am Aug 5, 2021 2:18am
To be precise: I will try to sell 1.18532... Of course not sure where I will actually open my order, but you get the idea..
Focus only on what truly matters!
  • #137,425
  • Aug 5, 2021 2:28am Aug 5, 2021 2:28am
Quoting Ata-Turkoglu
To be precise: I will try to sell 1.18532... Of course not sure where I will actually open my order, but you get the idea..
Your possible plan
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  • #137,426
  • Aug 5, 2021 2:49am Aug 5, 2021 2:49am
If any H1 candle CLOSES above 1.1855 I am canceling my intraday bearish bias.. Otherwise I keep selling..
Focus only on what truly matters!
  • #137,427
  • Aug 5, 2021 2:58am Aug 5, 2021 2:58am
Quoting JBRolim
-I don't know if I did it right, but I bought 1.18372 looking for 30 seeds - Tp 1.18672 I hope to get there ,,, {image}
I adjusted Tp to 1.19200 I hope to get there
"No pain no gain"
  • #137,428
  • Aug 5, 2021 3:01am Aug 5, 2021 3:01am
Quoting JBRolim
{quote} I adjusted Tp to 1.19200 I hope to get there
seems like you're very confident of USD crash..
we may see NFP tomorrow will be crappy.
also i think incoming weeks we could see 1.2 - 1.21..
just my thoughts.
  • #137,429
  • Aug 5, 2021 3:04am Aug 5, 2021 3:04am
Looks for buy now
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  • #137,430
  • Aug 5, 2021 3:04am Aug 5, 2021 3:04am
We are at the important level right now, do we break it and head to 1.18803 or bounce, who knows, time will tell
Risk comes from not knowing what to do
  • #137,431
  • Aug 5, 2021 3:14am Aug 5, 2021 3:14am
I am selling here for few pips 1.1843
  • #137,432
  • Aug 5, 2021 3:18am Aug 5, 2021 3:18am
Quoting Ata-Turkoglu
If any H1 candle CLOSES above 1.1855 I am canceling my intraday bearish bias.. Otherwise I keep selling..
Here's the DXY Daily channel, price seems to be finding some support...so your selling bias seems to be in play.

Guy
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  • #137,433
  • Aug 5, 2021 3:28am Aug 5, 2021 3:28am
C'mon bulls, am rooting for you atleast until 1.18803
Risk comes from not knowing what to do
  • #137,434
  • Aug 5, 2021 3:34am Aug 5, 2021 3:34am
Quoting hans91
{quote} seems like you're very confident of USD crash.. we may see NFP tomorrow will be crappy. also i think incoming weeks we could see 1.2 - 1.21.. just my thoughts.
Yes, I have been in position for 13:00 hours with this order, the market has been loading all this time.
"No pain no gain"
  • #137,435
  • Aug 5, 2021 3:49am Aug 5, 2021 3:49am
Quoting hajidani
sell position at 1882 sl 1920 tp 1 1822 tp 2 1793 if price above 1920 be closed this position is fail
this position is near to tp 1 at 1820 plz risk free lets go for 1793
  • #137,436
  • Aug 5, 2021 4:02am Aug 5, 2021 4:02am
The goal of this current 4hr candle is to close above 1.18500
Risk comes from not knowing what to do
  • #137,437
  • Aug 5, 2021 4:03am Aug 5, 2021 4:03am
The biggest problem right now is that both the Euro and USD is weak...patience is key until one of them gets the upper hand.

Guy
  • #137,438
  • Edited 5:02am Aug 5, 2021 4:46am | Edited 5:02am
I am guessing banks will sell around 1.1855/65.. Everything until then is just noise..

Edit: Too deep of a drop again... Choppy trader's heaven.. I stay away..
Edit 2: I believe they will pump this up again.. Early drops like this, without properly touching my sell levels are often a sign that things could change.. I am anticipating a surprise bounce up soon!
Focus only on what truly matters!
  • #137,439
  • Aug 5, 2021 5:14am Aug 5, 2021 5:14am
Quoting Ata-Turkoglu
I am guessing banks will sell around 1.1855/65.. Everything until then is just noise.. Edit: Too deep of a drop again... Choppy trader's heaven.. I stay away.. Edit 2: I believe they will pump this up again.. Early drops like this, without properly touching my sell levels are often a sign that things could change.. I am anticipating a surprise bounce up soon!
Same, I am anticipating 1.18803 to stop this bull, reasons being that it will be a right shoulder of a potential head shoulders pattern on 15mins. A bullish engulfing candle on 15mims is in progress to solidify this point. Let's see how it goes
Risk comes from not knowing what to do
  • #137,440
  • Aug 5, 2021 5:39am Aug 5, 2021 5:39am
With all this intraday indecision, I still want to look for a sell opportunity around 1.1853... (that would be sort of trading a bearish shark pattern on M15) I don't want to get distracted.. Only after that, I can decide what to do next...
Focus only on what truly matters!
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