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  • #139,701
  • Sep 16, 2021 8:27am Sep 16, 2021 8:27am
Quoting Pipjitsu
{quote} The reason I'm asking is, would you not want to wait for some type of confirmation of higher prices first?
My main interval for day trading is H1
And I always wait for a candle to close near the levels that I mark as a confirmation before I enter.
I also look at the Daily candle from time to time.
  • #139,702
  • Sep 16, 2021 8:32am Sep 16, 2021 8:32am
Quoting andvk74
{quote} My main interval for day trading is H1 And I always wait for a candle to close near the levels that I mark as a confirmation before I enter. I also look at the Daily candle from time to time.
Gotcha, thanks for that! I was kinda hoping for the same thing, but I need a little bit more confirmation first.. Call me a scaredy cat
  • #139,703
  • Sep 16, 2021 8:35am Sep 16, 2021 8:35am
Bags are packed, passengers seated, rocket fuelled...now...to the moon! (joke, but...to the next refuelling station!) Despite the heftily positive US data, I'm looking (hoping really) for a return to 1.1790 by end of play (I'm aware it's probably unlikely)
A wise man changes his mind, a fool never will
  • #139,704
  • Sep 16, 2021 8:42am Sep 16, 2021 8:42am
Quoting Pipjitsu
{quote} Gotcha, thanks for that! I was kinda hoping for the same thing, but I need a little bit more confirmation first.. Call me a scaredy cat
Pipjitsu - you have every right to be a "scaredy cat". I am long today on EU because of several reasons but my main reason is that ADR for EU is 40-60 pips daily. Today is has already moved 70 pips.
...because you never know - until you do!
  • #139,705
  • Sep 16, 2021 8:45am Sep 16, 2021 8:45am
Quoting fxsport
{quote} Pipjitsu - you have every right to be a "scaredy cat". I am long today on EU because of several reasons but my main reason is that ADR for EU is 40-60 pips daily. Today is has already moved 70 pips.
Where we are right now on Euro, we need to be heading north if we are going there, if we lose this price its a bear party.
  • #139,706
  • Sep 16, 2021 8:54am Sep 16, 2021 8:54am
Quoting Pipjitsu
{quote} Where we are right now on Euro, we need to be heading north if we are going there, if we lose this price its a bear party.
I totally agree with you.

From a fundamental POV I have been expecting a "tank" for the month of September. The catalyst for my "tanking" could be a taper tantrum or a black swan event or just profit taking (it IS SEPTEMBER after all). If you notice my reasoning was based on prior years. So far it hasn't happened - yet. Maybe if 1.1750 doesn't hold this is the start...

On the other side of the coin EU is due for a pullback to 1.1780 as nothing goes in a straight line. Many others have already posted their case for a bullish EU and frankly I can see it happening.

Right now I'm just holding tight
...because you never know - until you do!
  • #139,707
  • Sep 16, 2021 8:57am Sep 16, 2021 8:57am
I see more buy positions now on this pair on most major websites....... my opinion = More sell coming up.

Remember just an opinion.
Drawdown is more important than Account Size !
  • #139,708
  • Sep 16, 2021 9:01am Sep 16, 2021 9:01am
Price goto my expectations. I will watch it.
  • #139,709
  • Sep 16, 2021 9:03am Sep 16, 2021 9:03am
Quoting Murugesh29
{quote} if the price breaks below 1770...then the target will be 1704(monthly low march 31)
Retest this level?
if price breaks 1749...then buying opportunities will be around (1716-04) area(may be the main fuel station)
1.21 is the target before DECEMBER

Only Market watch today

Good Luck Traders
Its all about Timing!!!
  • #139,710
  • Sep 16, 2021 9:09am Sep 16, 2021 9:09am
Quoting Murugesh29
{quote} Retest this level? if price breaks 1749...then buying opportunities will be around (1716-04) area(may be the main fuel station) 1.21 is the target before DECEMBER Only Market watch today Good Luck Traders
Unemployment claims data holds 1750...waiting for this area to clear...
Its all about Timing!!!
  • #139,711
  • Sep 16, 2021 9:17am Sep 16, 2021 9:17am
Right now they are doing their shenanigans and letting sentiment build...
  • #139,712
  • Sep 16, 2021 9:58am Sep 16, 2021 9:58am
Price test level 1.178** and back drop again.
  • #139,713
  • Sep 16, 2021 10:06am Sep 16, 2021 10:06am
I have the feeling Atta is missing out a great day
  • #139,714
  • Edited 10:27am Sep 16, 2021 10:10am | Edited 10:27am
Quoting zippo22
I have the feeling Atta is missing out a great day
I wouldn't worry about the master...he's probably busy doing this...

He's probably short since 1.18 or better.
Attached Image

Here's a candid video of him teaching you to buy low and sell high!
Attached Image
...because you never know - until you do!
  • #139,715
  • Sep 16, 2021 10:23am Sep 16, 2021 10:23am
Quoting zippo22
I have the feeling Atta is missing out a great day
I posted this today short after London opened:
Quoting Ata-Turkoglu
Hi Traders.. Finally, the DAILY shark pattern made bears smile.. Let's see if we can reach 1.1742 and even 1.1727 area.. Keep selling spikes
Was there anything else to say? I think not... Veni vidi vici...
Focus only on what truly matters!
  • #139,716
  • Sep 16, 2021 10:29am Sep 16, 2021 10:29am
Quoting Ata-Turkoglu
{quote} I posted this today short after London opened: {quote} Was there anything else to say? I think not... Veni vidi vici...
Ohh sorry, I have missed that out, I had a busy day. But anyhow, good to hear to have you on the train.
  • #139,717
  • Sep 16, 2021 10:29am Sep 16, 2021 10:29am
Quoting Ata-Turkoglu
{quote} I posted this today short after London opened: {quote} Was there anything else to say? I think not... Veni vidi vici...
Hi Ata
Could you show us the DAILY shark pattern ?
I d like to learn.

Thanks
  • #139,718
  • Sep 16, 2021 11:14am Sep 16, 2021 11:14am
Quoting zippo22
{quote} Ohh sorry, I have missed that out, I had a busy day. But anyhow, good to hear to have you on the train.
All well buddy.. Take care..
Focus only on what truly matters!
  • #139,719
  • Sep 16, 2021 11:15am Sep 16, 2021 11:15am
Quoting Glpp
{quote} Hi Ata Could you show us the DAILY shark pattern ? I d like to learn. Thanks
I showed it so many times, why not? Sure, I can do it one more time for you.. Here it is..
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Analysis.png Size: 35 KB
Focus only on what truly matters!
  • #139,720
  • Sep 16, 2021 11:19am Sep 16, 2021 11:19am
Quoting Ata-Turkoglu
{quote} I showed it so many times, why not? Sure, I can do it one more time for you.. Here it is.. {image}
Bro, on h4 we see there is possible head and soulder pattern upto 1900 ... Wht u think about this.?? How much market could breath upside?? I already had open position from 1.1752
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