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  • #1,198,641
  • Edited 1:32pm Aug 17, 2021 1:17pm | Edited 1:32pm
Quoting MrBullBear
Currently at strong support/resistance level... will it hold or will it fold? That will determine if I will close all my trades or will add more.. we will find out soon.
Fold, going down. 1.1736 is resistance.
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MY GRID. Markets are NOT random.
  • #1,198,642
  • Aug 17, 2021 2:36pm Aug 17, 2021 2:36pm
Quoting tonyb123
{quote} Fold, going down. 1.1736 is resistance.{image}
I liked that scenario. But we should be prepared if it hold. My trail stops still the same, wiil adjust it lower if folds happen as I added. Will see what asia and london will do later... But I am not expecting huge.. we may be in this zone for a week. 30-50pips fluctuation. I will close and scalp it when it happen.
Only an idiot knows with certainty to where the market is going.
  • #1,198,643
  • Aug 17, 2021 2:53pm Aug 17, 2021 2:53pm
When smart money try to catch attention and try to scare you, realise bottom almost reached!
  • #1,198,644
  • Aug 17, 2021 3:15pm Aug 17, 2021 3:15pm
Quoting MrBullBear
{quote} I liked that scenario. But we should be prepared if it hold. My trail stops still the same, wiil adjust it lower if folds happen as I added. Will see what asia and london will do later... But I am not expecting huge.. we may be in this zone for a week. 30-50pips fluctuation. I will close and scalp it when it happen.
Yes, Im not expecting a large move as well. I won't have trail below 1.1736, give it room to breath.
MY GRID. Markets are NOT random.
  • #1,198,645
  • Aug 17, 2021 5:58pm Aug 17, 2021 5:58pm
Quoting tonyb123
{quote} Yes, Im not expecting a large move as well. I won't have trail below 1.1736, give it room to breath.
News flash from my broker is negative for the USD. The chart they are showing is favoring the bull. They're trying to influence traders leading to the wrong direction. Noobs.... don't be fooled. Sometimes doing the opposite of what they want you to do will give you reward.
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Only an idiot knows with certainty to where the market is going.
  • #1,198,646
  • Aug 17, 2021 6:13pm Aug 17, 2021 6:13pm
I suspected it may drop to 1.1700. I only managed to open a short toward the end but at least I closed it at a small profit.
  • #1,198,647
  • Aug 17, 2021 6:15pm Aug 17, 2021 6:15pm
The price drops and formed new lower low now, based BB line now the price already land at the lower band, its break the line, because of higher volatility, usually before continuing the trend, the price will move to enter to the band, I think will pullback first.
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  • #1,198,648
  • Aug 17, 2021 6:24pm Aug 17, 2021 6:24pm
Quoting MrBullBear
{quote} News flash from my broker is negative for the USD. The chart they are showing is favoring the bull. They're trying to influence traders leading to the wrong direction. Noobs.... don't be fooled. Sometimes doing the opposite of what they want you to do will give you reward. {image} {image} {image}
Added another one.. stops still the same.
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Only an idiot knows with certainty to where the market is going.
  • #1,198,649
  • Aug 17, 2021 11:23pm Aug 17, 2021 11:23pm
Nice drop yesterday.
looking for the exit but still not seeing it, so I guess we sell some more.
Eyeing 1730 for a possible short. Let’s see if price attacks it…
  • #1,198,650
  • Aug 18, 2021 12:32am Aug 18, 2021 12:32am
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  • #1,198,651
  • Aug 18, 2021 12:46am Aug 18, 2021 12:46am
FOMC today. The trend is bearish, but I will not be surprised if, I see a rise towards 1760, or above from here - 1700, or after a dip around 1680.

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  • #1,198,652
  • Aug 18, 2021 1:45am Aug 18, 2021 1:45am
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  • #1,198,653
  • Aug 18, 2021 2:33am Aug 18, 2021 2:33am
I’m poised to short if price can hold steady up here and has stopped moving up
  • #1,198,654
  • Aug 18, 2021 4:36am Aug 18, 2021 4:36am
she has been trading east for last 13 months top of range 1 2348 bottom 1 1602 for last 8months 1 1703 has held as bottom present test being the 3rd, norm is buy support, but some say 1st tap sets level S/R 2nd can trade, 3rd be wary even leave alone often it gives way 3rd try, not set in stone but worth considering 1 1703 worth an eyeball tapped it 12 hrs ago :-)
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  • #1,198,655
  • Aug 18, 2021 4:44am Aug 18, 2021 4:44am
Quoting KiwiTrada
she has been trading east for last 13 months top of range 1 2348 bottom 1 1602 for last 8months 1 1703 has held as bottom present test being the 3rd, norm is buy support, but some say 1st tap sets level S/R 2nd can trade, 3rd be wary even leave alone often it gives way 3rd try, not set in stone but worth considering 1 1703 worth an eyeball tapped it 12 hrs ago :-)
copper also nicely poised having just pierced support weekly ltl also H&S neckline pierce, nice chunk of change on offer there Im thinking sub 4.1751 marker pa now
4 1751??
If you are new to Forex? Say Goodbye to your account!!
  • #1,198,656
  • Aug 18, 2021 5:28am Aug 18, 2021 5:28am
Quoting Js3mwtRc
FOMC today. The trend is bearish, but I will not be surprised if, I see a rise towards 1760, or above from here - 1700, or after a dip around 1680. {image}
Yep, lower high of 1.1730 and now headed to (hopefully) 1.1670
  • #1,198,657
  • Aug 18, 2021 5:57am Aug 18, 2021 5:57am
Quoting KiwiTrada
{quote} copper also nicely poised having just pierced support weekly ltl also H&S neckline pierce, nice chunk of change on offer there Im thinking sub 4.1751 marker pa now 4 1751??
4 1466 first hurdle tapped, looking good, potential for bounce is high, breakthrough is bigger, waiting
If you are new to Forex? Say Goodbye to your account!!
  • #1,198,658
  • Aug 18, 2021 8:28am Aug 18, 2021 8:28am
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  • #1,198,659
  • Edited 10:47am Aug 18, 2021 10:28am | Edited 10:47am
Still holding long from 1766 stop loss 1675
It got 78% into the reversal zone between + 1.1618 and + 2.618 wave extention target
The sweet reversal spot 1694. next level at 1691 typically won't get breached ...
It's rare to go beyond 75% between +1.1618 and + 2.168.
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  • #1,198,660
  • Aug 18, 2021 10:45am Aug 18, 2021 10:45am
sideways market is not completed ....... so there is nothing good fundamental to bring price below 1.170
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