Next 4 Hours but Main Session Time has gone so no Action
As your said nearest support 1.1692
- #138,141
- Aug 17, 2021 1:29pm Aug 17, 2021 1:29pm
- Joined Nov 2018 | Status: Trader | 1,051 Posts
Next 4 Hours but Main Session Time has gone so no Action
As your said nearest support 1.1692
- #138,142
- Aug 17, 2021 1:34pm Aug 17, 2021 1:34pm
- Joined Jun 2009 | Status: Trader | 1,734 Posts
MY GRID. Markets are NOT random.
- #138,143
- Aug 17, 2021 1:57pm Aug 17, 2021 1:57pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
SOLD HERE 17113, TP LOW OF THE YEAR 
Happy birthday MTako ! Cheers all !
Happy birthday MTako ! Cheers all ! If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #138,144
- Aug 17, 2021 2:34pm Aug 17, 2021 2:34pm
- Joined Jul 2007 | Status: Trader | 3,577 Posts
{quote} Fundamentally, 2 words. Jackson Hole. It could be strongly argued that it's high time the American printers caught a breather. WILL the pair actually do this? Let's just say I'd be having the finest jumbo shrimp and Alaskan salmon 8 days a week if I knew that. I'd even have fresh, big-ass West Indian pomfret flown in because....Pomfret. Okay now I'm hungry. But please do shoot holes in my thoughts...I'd love to learn.
Just like your post above. I had no idea what a pomfret is until I googled it - what's it taste like? I hope no chicken! (Oops...sorry Ata no more fish stories)
...because you never know - until you do!
- #138,145
- Aug 17, 2021 2:37pm Aug 17, 2021 2:37pm
- Joined Jul 2007 | Status: Trader | 3,577 Posts
...because you never know - until you do!
- #138,146
- Aug 17, 2021 2:49pm Aug 17, 2021 2:49pm
- Joined Jul 2007 | Status: Trader | 3,577 Posts
SOLD HERE 17113, TP LOW OF THE YEAR
SOLD HERE AT 1.1708 and I'm riding this train with you. 
...because you never know - until you do!
- #138,147
- Aug 17, 2021 6:18pm Aug 17, 2021 6:18pm
EU case study by a buddy...
H4 - https://www.tradingview.com/x/W6AogUzr/
H1 - https://www.tradingview.com/x/XWs2Rt2x/
M15 - https://www.tradingview.com/x/2OCY9lou/
M5 - https://www.tradingview.com/x/U7ULY95a/
M2 - https://www.tradingview.com/x/Cersgph6/
M1 - https://www.tradingview.com/x/V705IyID/
H4 - https://www.tradingview.com/x/W6AogUzr/
H1 - https://www.tradingview.com/x/XWs2Rt2x/
M15 - https://www.tradingview.com/x/2OCY9lou/
M5 - https://www.tradingview.com/x/U7ULY95a/
M2 - https://www.tradingview.com/x/Cersgph6/
M1 - https://www.tradingview.com/x/V705IyID/
- #138,150
- Aug 18, 2021 12:10am Aug 18, 2021 12:10am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #138,151
- Aug 18, 2021 12:35am Aug 18, 2021 12:35am
Here is a turning point in 1 hr chart which is most likely to occur at 3EST (Eastern Standard Time) and it should occur around 3.45 EST in 15 min chart. A top or bottom is formed in 1hr chart around that time.
from: https://newsquawk.com/zerohedge
Sell around pivot 1.1734 if it gets there for 20 pips tp.
First sell now 1.1720 for 1.1705
Trends have a higher probability of continuing than not.
- #138,155
- Aug 18, 2021 2:19am Aug 18, 2021 2:19am
- Joined Mar 2020 | Status: Trader | 1,129 Posts
{quote}
Only joking... that is just the imagery of mine. I guess you meant you are riding ON the train rather than riding the train.
- #138,156
- Aug 18, 2021 2:26am Aug 18, 2021 2:26am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
Good Morning Traders
So far bears are controlling the ball and had few shots at 1700 bar already , may be they just need a booster dose from FED today to beat the goal keeper at 1700
Trade safe
Happy Trading
So far bears are controlling the ball and had few shots at 1700 bar already , may be they just need a booster dose from FED today to beat the goal keeper at 1700
Trade safe
Happy Trading
Trades technical moves enforced by fundamentals
- #138,157
- Aug 18, 2021 2:28am Aug 18, 2021 2:28am
- Joined Sep 2017 | Status: Trader | 4,364 Posts
{quote} Hi Guys, Some nice price action todaySo far my trades playing out accordingly with some stop-outs at breakeven and some and re-entry trades. I am in a cyclic uptrend and will look to add buy trades on retraces. My 50% fib retrace (coral highlight) at 1.18071 could hold for this week and I could look at adding buy trades towards my future weekly pivot at 1.17695 ish. We could have a retrace towards my mid-round number at 1.17500 but remains to be seen next week. Have a great weekend, Cheers. {image}
This is one of those times that I have to concede that I was wrong. A case of where the fundamentals have thrown techs out of the door. I was fortunate enough to offset a winning trade against some losers and did not come out too bad.
I am in with a quick buy trade for a target towards my daily pivot at 1.17318 and will look for possible reversal signals to get into the downtrend.
Have a great day,
Cheers.
Trade to trade another day
- #138,158
- Aug 18, 2021 2:43am Aug 18, 2021 2:43am
- Joined Nov 2018 | Status: Trader | 1,051 Posts
{quote} Good Morning All, We are at Last Week of July and more to it back to the same Levels we started on July 1st We started @ 1.18534 on July Month Start and now again back @ 1.1857 Approx at July Month End. The Best part is that it took only 5 Days Trading Session to reach back on the same levels Posts of WAVEGARRICK also tells lots of things and ATA is always there to guide us with all his immense knowledge. Fibo never Repaints. Please check the Results today posted 1 month before Yearly & Monthly {image} 4 Hour Chart {image} Thanks & Regards...
This Fibo Yearly Levels were always there if somebody has noticed and they were close to yesterday.
Posted the same Levels in July Month Start.
Yearly & Monthly Fibo
White is Yearly Down
Monthly & Weekly
Hope It Helps
- #138,160
- Aug 18, 2021 4:12am Aug 18, 2021 4:12am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Quick Weekly Outlook
Hi Traders...
Here is my projection for next week, hence I believe that its levels affect this week already...
Hi Traders...
Here is my projection for next week, hence I believe that its levels affect this week already...
- I don't think this week is "the" week, where bears gain full power! FOMC could push this down a little lower towards 1.1678-ish, but I think that will be it... I don't anticipate a drop to 1.1603 for now... (my personal worst case would be a drop until: 1.1645)
- If 1.1678 can support, we could go back to retest 1.1785 area today or until Friday...
- Only if 1.1603 breaks to the downside, we could talk of monthly bear trend truly kicking in... Otherwise, these are just signs that market wants to go to test the highs but this time maybe a little stronger up to 1.20xx levels... Time will tell!
- Long story short: Today, I will look for a "temporary bottom"! Once we are sure, we can start to buy dips until end of week... BUT always get your confirmations first... No blindly buying 1.1678 area and no need to rush!
I hope it helps!
Focus only on what truly matters!