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  • #137,481
  • Aug 5, 2021 8:05pm Aug 5, 2021 8:05pm
And my last entry for my 4H pullback long ! Bought 18268. Happy Friday all !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,482
  • Edited Aug 6, 2021 12:58am Aug 5, 2021 11:17pm | Edited Aug 6, 2021 12:58am
Quoting mtako
And my last entry for my 4H pullback long ! Bought 18268. Happy Friday all ! {image}
Good morning mate, you are an early bird indeed!
I bought 5 pips lower than you and still uncertain about the bottom. However, my 10-pip target shall be fulfilled in course of the day, not much doubt about it. Hopefully till the potential US (un)employment rollercoaster.
The thing is there is not much of a rejection seen upon penetration of these lows.
  • #137,483
  • Aug 5, 2021 11:49pm Aug 5, 2021 11:49pm
I hope it reaches 1.18120, my shorts will be closed.

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  • #137,484
  • Aug 6, 2021 1:06am Aug 6, 2021 1:06am
Quoting sat1970
I hope it reaches 1.18120, my shorts will be closed. {image}
My shorts are aimed at 1.11. Long term.
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Competitions-R-us
  • #137,485
  • Aug 6, 2021 1:34am Aug 6, 2021 1:34am
UPDATE: Ata's plan of yesterday! I still hold the view that 1.1800 is key support.
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  • #137,486
  • Aug 6, 2021 1:48am Aug 6, 2021 1:48am
Quoting Guy1969
UPDATE: Ata's plan of yesterday! I still hold the view that 1.1800 is key support. {image}
I have to correct: what your chart shows was never my plan.. partially I can agree that selling the B area was similar to my plan.. Today can be totally different but long story short: What your chart shows is your plan
Focus only on what truly matters!
  • #137,487
  • Aug 6, 2021 1:54am Aug 6, 2021 1:54am
Hi everyone,
A total newbie here in the world of forex... heard it from my mate years back never paid heed to it. Finally started learning about forex and started trading. Have been quietly following this thread and must say have learned a lot from many here. Heartfull thank you to all. I am very new and no where near any one of you guys in terms of analysis... but I am keen on learning more and more and making this my beard and butter in the coming years. hopefully I achieve it!!
  • #137,488
  • Aug 6, 2021 1:56am Aug 6, 2021 1:56am
Quoting Ata-Turkoglu
{quote} I have to correct: what your chart shows was never my plan.. partially I can agree that selling the B area was similar to my plan.. Today can be totally different but long story short: What your chart shows is your plan
Understood, it worked out well, I closed my second trade @ 113% for 36 pips. On the sidelines now until NFP.

Guy
  • #137,489
  • Aug 6, 2021 1:57am Aug 6, 2021 1:57am
Quick Daily S/R Levels for NFP Friday

  1. IF 1.1815 keeps supporting, we should see a bounce up today! But it is still an IF!
  2. If bulls kick in during or after NFP minutes, the first resistance area they have to deal with would be 1.1858!
  3. While candles are above my colored ma line, bulls have the upper hand..
  4. A drop below 1.1815 would be a surprise, but with NFP everything is possible, and therefore we all have to be extra careful today!
  5. Until 1.1770 (roughly fib 88.6 area) we have an invisible supportive tampon area and price piercing towards these lows still can be a fake dump action that could end up with a final pump..

I hope it helps..

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Focus only on what truly matters!
  • #137,490
  • Aug 6, 2021 2:10am Aug 6, 2021 2:10am
D1 Update...
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  • #137,491
  • Aug 6, 2021 2:25am Aug 6, 2021 2:25am
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Not looking for longs as price action is bearish after the Vice Chair of the FED talked. NFP will not change that bias.

But very often price returns to daily pivot before important new.

For short i wait for 1.1840-1.1837-1.1836 zone to scalp and being out before NFP.
Trends have a higher probability of continuing than not.
  • #137,492
  • Aug 6, 2021 2:33am Aug 6, 2021 2:33am
I am noticing the first "fishing" operation.. Showing some bold direction to attract the tempted.. Beware!
Focus only on what truly matters!
  • #137,493
  • Aug 6, 2021 3:03am Aug 6, 2021 3:03am
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from : https://uk.investing.com/economic-ca...m-payrolls-227

release is 14:30 frankfurt time
Trends have a higher probability of continuing than not.
  • #137,494
  • Aug 6, 2021 3:15am Aug 6, 2021 3:15am
Good morning traders, I feel it will goes down to 1.1772xxx, I'm looking for the entry opportunity asap. let' see....
Change is never easy, but always possible
  • #137,495
  • Aug 6, 2021 3:31am Aug 6, 2021 3:31am
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POSTMASTER
  • #137,496
  • Aug 6, 2021 3:40am Aug 6, 2021 3:40am
Quick H4 Outlook

  1. For now, candles keep gliding along mildly supportive but steep trend line..
  2. 1.1802 area is where I will begin to look for bullish signs..
  3. 22 more minutes until H4 candle closes.. After that we might see additional bear power attempting to pierce below 1.1800..
  4. Real bulls can only show after a breakout to the up side.. Especially to beat 1.1818 resistance.. Patience!

I hope it helps

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Focus only on what truly matters!
  • #137,497
  • Aug 6, 2021 3:45am Aug 6, 2021 3:45am
Quoting Austyno
Hey guys, today was really something, a win for both sides, anyways thanks to all those that contributed and shared their respective ideas. Tomorrow as we know is NFP and with this crazy volatility we are seeing, i wonder how tomorrow will look like. that been said i am switching sides for just tomorrow and buying dips. If you can remember at the beginning of the week, i talked about buying dips because of the bullish engulfing candle on weekly and the bullish doji on monthly, well its time to implement it. I just need today's candle to close bullish...
Buy limit @ 1.18100 active. Godspeed bulls
Risk comes from not knowing what to do
  • #137,498
  • Aug 6, 2021 4:05am Aug 6, 2021 4:05am
Quoting sat1970
I hope it reaches 1.18120, my shorts will be closed. {image}
Done .. reached my target 1.18120 ..
  • #137,499
  • Aug 6, 2021 4:55am Aug 6, 2021 4:55am
Quoting Cornabu
D1 Update... {image}
Buy 1.1807 sl below 1.1765 tp 1.1900
  • #137,500
  • Aug 6, 2021 5:04am Aug 6, 2021 5:04am
Buying now is risky... That's what almost all retail orders are trying to do atm.. Beware!

*IMHO, it is better to wait for strong and powerful dips towards 1.1790.. 1.1780 and maybe 1.1770..
Focus only on what truly matters!
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