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  • #137,861
  • Edited 4:11am Aug 12, 2021 3:58am | Edited 4:11am
Quoting fxcontest
{quote} Move Some of My Short to 1748 - 1752, Hoping target 1610, {image}
As long as this fib level H4 Candle 76.8 safe, I'm keep shorting

Pattern from Monday-Tuesday downtrend

Stuck in Middle R1 daily and S1 weekly
Holy Betting Grail strategy
  • #137,862
  • Aug 12, 2021 4:17am Aug 12, 2021 4:17am
Quoting Ata-Turkoglu
H1 Status Update Bulls have the upper hand yes BUT we still might be inside a range.. Whenever I buy dips, I prefer to keep taking profit close to resistance! But soon, once bears kick in for deeper correction, I will not buy nearby dips anymore.. I will wait for deeper levels like 1.1715 area.. Bulls have to achieve a candle close above 1.17495 for continuation.. Did not happen yet! Don't rush! {image}
Love that interpretation but I'm still short from yesterday at 1.1743. Expecting a drop to that 1.17ish region. However, depending upon the PA I'm expecting 1.17 to fail and would consider purchasing around the 1.1680ish - that's just me.

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...because you never know - until you do!
  • #137,863
  • Aug 12, 2021 4:20am Aug 12, 2021 4:20am
Quoting JBRolim
{quote} They tried to lower the elevator to another 7 feet below ground, (Hell)... "I'm still ALIVE" to the grief of the Ignored Mocker here on the forum. My strategy will be fulfilled. So be patient and believe in the strategy. Waiting to get to my floor to disembark. I wish you all green seeds.
Be careful because once the bears wake from their napping - don't let this happen to you!

Attached Image
...because you never know - until you do!
  • #137,864
  • Edited 5:15am Aug 12, 2021 4:53am | Edited 5:15am
Bears are waiting for Jackson Hole and the name already says where it then goes.
Trends have a higher probability of continuing than not.
  • #137,865
  • Aug 12, 2021 5:17am Aug 12, 2021 5:17am
Well, it is a waste of time bothering to trade this sideways boredom today.
  • #137,866
  • Aug 12, 2021 5:28am Aug 12, 2021 5:28am
Quoting yvestrcz
Well, it is a waste of time bothering to trade this sideways boredom today.
I understand you ! That is my beloved Ranging Heaven! Unfortunately, news bringing it to an end in 10

Today was the best for 4-6 pips for me, both ways. Going on my last right now, so close, TP is at 44. Closed it early here at my new mid-line 1740(Range Heaven having shifted lightly), along with my many longs for a decent profit.

Normally I would keep them with TP open and SL brought to BE the second 1750s resistance is hit, then if price comes back down to top of this range - 44 (probably moved a couple pips up by then though), would sell again.

This last hour shift down in range does not change anything, but did so under main intraday resistance several times tested and failed....
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,867
  • Aug 12, 2021 5:34am Aug 12, 2021 5:34am
Candlestick patterns are trap:
Attached Image (click to enlarge)
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"Exchange of hands"
  • #137,868
  • Aug 12, 2021 5:39am Aug 12, 2021 5:39am
Bears almost done their shopping, one last stop !

Meanwhile, I am waiting for price to get out of this mid-micro-range. Had enough !

Making last espresso. Hope all is well
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,869
  • Aug 12, 2021 5:40am Aug 12, 2021 5:40am
Sold 1734 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,870
  • Aug 12, 2021 5:42am Aug 12, 2021 5:42am
Funny to say but the news seem not to have an effect on market. Still looks range bound but once broken might go ahead to form a double bottom. Such a boring day
  • #137,871
  • Aug 12, 2021 5:45am Aug 12, 2021 5:45am
Selling a couple points below this closing 15m also, bears are getting out of the pool ! Beware the return to 35 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,872
  • Aug 12, 2021 5:49am Aug 12, 2021 5:49am
there is no relation in usa between ppi and cpi i read this morning.
wavegarrick is buying here with sl 25 pips
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Trends have a higher probability of continuing than not.
  • #137,873
  • Aug 12, 2021 6:02am Aug 12, 2021 6:02am
Volatility time ! Better late than never!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,874
  • Aug 12, 2021 6:05am Aug 12, 2021 6:05am
Quoting SnaveForex
Robber bank robs both ways, up and down this W pattern formed a first base at 1754 and the other base managed to force itself via panic sells at 1703. We close the hour above 1754. We could potentially see 1.19 mid term to 1.20. Currently resistances in the next few hours sits at 1787 1829 1863 1884
hours later still struggling to keep a close above 1740. A make or break at this point else minimum 1806
  • #137,875
  • Aug 12, 2021 6:12am Aug 12, 2021 6:12am
As long as intraday candles stay below 1.1742 all good for bears..
Focus only on what truly matters!
  • #137,876
  • Aug 12, 2021 6:14am Aug 12, 2021 6:14am
Quoting SnaveForex
{quote} hours later still struggling to keep a close above 1740. A make or break at this point else minimum 1806
5 hours ago it close on 1747... but only 1 candle...
  • #137,877
  • Aug 12, 2021 6:16am Aug 12, 2021 6:16am
I don't claim this much but with the CPI numbers out today the markets should be PANIC SELLING. That inflation number is outrageous and the FED is going to have to act MUCH SOONER than anticipated.

Sorry for the rant Ata but I just had to get it out of my system
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I think this kinda sums up how I feel about this market and the bulls today.
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...because you never know - until you do!
  • #137,878
  • Aug 12, 2021 6:30am Aug 12, 2021 6:30am
Almost move of no return for today, sell stop 1.17302
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,879
  • Aug 12, 2021 6:33am Aug 12, 2021 6:33am
Probably... and I mean, no matter which side takes it. Keeping stops tight now and rinse and repeat !

I am , soon done with another good day. Hope you all are too. Cheers

Ahhhh the sweet Bull Illusion ?
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #137,880
  • Aug 12, 2021 6:46am Aug 12, 2021 6:46am
Selling again, right power, right moment. at 17240
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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