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  • Post #140,841
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  • Oct 13, 2021 1:05pm Oct 13, 2021 1:05pm
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 956 Posts
Quoting Ata-Turkoglu
Disliked
{quote} We are nearing FOMC.. I just closed my long order from 2 days ago here at 1.1578 with +9 pips.. Total collected pips since main order fell into drawdown is now: 106+9= +115 pips.. My main long order from 1.16575 still has to wait..
Ignored
My gut tells me the pickup truck with your package is no more than a few bends away... it's clearly broken out of the wedge from my point of view.
 
3
  • Post #140,842
  • Quote
  • Oct 13, 2021 1:10pm Oct 13, 2021 1:10pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,698 Posts
Quoting yvestrcz
Disliked
{quote} My gut tells me the pickup truck with your package is no more than a few bends away... it's clearly broken out of the wedge from my point of view.
Ignored
I don't mind if bears come back.. Sooner or later, Amazon always delivers Market does what it does.. I keep following my plan.. best wishes buddy
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 16.6%
 
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  • Post #140,843
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  • Oct 13, 2021 1:25pm Oct 13, 2021 1:25pm
  •  tauhidur
  • | Joined Feb 2020 | Status: Member | 139 Posts
Quoting Ata-Turkoglu
Disliked
{quote} I don't mind if bears come back.. Sooner or later, Amazon always delivers Market does what it does.. I keep following my plan.. best wishes buddy
Ignored
hello sir, don't mind
what did you think bulls are start
 
 
  • Post #140,844
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  • Oct 13, 2021 1:42pm Oct 13, 2021 1:42pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,698 Posts
Quoting tauhidur
Disliked
{quote} hello sir, don't mind what did you think bulls are start
Ignored
Bulls actually never stopped... but as you know everybody sees the market differently since everybody looks at different timeframes..

Anyway.. according to your question what is always more important is trading based on the strength of certain support or resistance areas.. Currently all I care is that I see good support from 1.1548 area.. As long as we are above it I keep buying dips..

Best wishes and happy trading
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 16.6%
 
4
  • Post #140,845
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  • Oct 13, 2021 1:48pm Oct 13, 2021 1:48pm
  •  marcin.kamaj
  • Joined Feb 2020 | Status: Full-Time Trader | 259 Posts
Like i wrote before, we are now in important zone for both side and FOMC will decide.

I leave my longs with TSL, and look in patience what will FOMC bring us.

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Green pips for all!
Everyone makes mistakes, but only few use equity management.
 
 
  • Post #140,846
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  • Oct 13, 2021 1:55pm Oct 13, 2021 1:55pm
  •  tauhidur
  • | Joined Feb 2020 | Status: Member | 139 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Bulls actually never stopped... but as you know everybody sees the market differently since everybody looks at different timeframes.. Anyway.. according to your question what is always more important is trading based on the strength of certain support or resistance areas.. Currently all I care is that I see good support from 1.1548 area.. As long as we are above it I keep buying dips.. Best wishes and happy trading
Ignored
Thanks a lot for your answer
 
1
  • Post #140,847
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  • Oct 13, 2021 1:59pm Oct 13, 2021 1:59pm
  •  Brew
  • | Joined Sep 2017 | Status: Member | 34 Posts
I’m short <1% risk 20 pip stop
 
2
  • Post #140,848
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  • Oct 13, 2021 2:12pm Oct 13, 2021 2:12pm
  •  procrude
  • Joined Jan 2016 | Status: Member | 726 Posts
where is the massive move??
 
1
  • Post #140,849
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  • Oct 13, 2021 2:22pm Oct 13, 2021 2:22pm
  •  Pipjitsu
  • | Joined May 2008 | Status: Member | 142 Posts
Quoting procrude
Disliked
where is the massive move??
Ignored
Possibly done for the day with a slow grind in for the directional move.
 
 
  • Post #140,850
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  • Oct 13, 2021 2:25pm Oct 13, 2021 2:25pm
  •  macdulio
  • Joined Oct 2013 | Status: Member | 1,079 Posts | Online Now
Attached Image (click to enlarge)
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Name: EUR4125.png
Size: 53 KB
 
 
  • Post #140,851
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  • Oct 13, 2021 2:25pm Oct 13, 2021 2:25pm
  •  Opasen
  • | Joined Sep 2021 | Status: Member | 24 Posts
I am short from 1.15875
I will add if it reaches 1.16291
For me the goal is 1.14769
 
1
  • Post #140,852
  • Quote
  • Oct 13, 2021 2:27pm Oct 13, 2021 2:27pm
  •  zmaslam
  • | Joined Oct 2015 | Status: Member | 35 Posts
The psychological barrier 1.1563 has been broken to the upside now its time to retest. Time will tell if Bulls are ready to rumble for just go down the drain. Done for the day. entry 1.1560 exit 1.1590

Quoting Pipjitsu
Disliked
{quote} Possibly done for the day with a slow grind in for the directional move.
Ignored
 
 
  • Post #140,853
  • Quote
  • Oct 13, 2021 2:41pm Oct 13, 2021 2:41pm
  •  dele5000
  • | Joined Mar 2018 | Status: Member | 493 Posts | Online Now
The FOMC minutes is not bullish, EU may move up for the rest of the week
 
 
  • Post #140,854
  • Quote
  • Oct 13, 2021 2:41pm Oct 13, 2021 2:41pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,698 Posts
Before I call it a day, here are my updated DAILY-via-WEEKLY S/R levels for tomorrow..

  1. 1.1549 is now key support!
  2. Bulls will try to reach 1.1620 area..

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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 16.6%
 
7
  • Post #140,855
  • Quote
  • Oct 13, 2021 3:05pm Oct 13, 2021 3:05pm
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 956 Posts
Quoting Ata-Turkoglu
Disliked
{quote} I don't mind if bears come back.. Sooner or later, Amazon always delivers Market does what it does.. I keep following my plan.. best wishes buddy
Ignored
Absolutely. What I'm actually saying using the metaphore is that I think we're ultimately heading towards 1.1655 - 1.1665 area. Good night folks.
 
4
  • Post #140,856
  • Quote
  • Oct 13, 2021 3:12pm Oct 13, 2021 3:12pm
  •  broketrader
  • Joined Oct 2012 | Status: Beginnner (D) | 1,652 Posts
Quoting broketrader
Disliked
Hello Traders, My hour trend turned positive 1 hour+ ago but everything seems still too weak. Holding a long at -3 pips now, let's see if it gains some momentum... {image}
Ignored
Had to close my previous long at a loss again just to enter a new one again at a lower price and heavier in a tentative to recover my losses, I will have to improve this in the future...

The notable difference this time compared with the previous swings is that this one has already two hour closings above the two previous swings which for me means a U turn.

SMA also just turned green again but I expect some retracement on it's direction before a new swing high, time will tell.
Current trade is at +35 pips but it's too early for me to do anything with it if we are just at the beginning of a new up trend regardless of its strength...

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Simplicity is the Ultimate Sophistication.
 
1
  • Post #140,857
  • Quote
  • Oct 13, 2021 3:51pm Oct 13, 2021 3:51pm
  •  marcin.kamaj
  • Joined Feb 2020 | Status: Full-Time Trader | 259 Posts
So tommorow we have important day, when we see that we will have repeat from Candlestick Pattern No 1, or Candlestick Pattern 2 ( i prv play this scenario) if we look for daily below:

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Green pips for all!
Everyone makes mistakes, but only few use equity management.
 
1
  • Post #140,858
  • Quote
  • Oct 13, 2021 4:04pm Oct 13, 2021 4:04pm
  •  Coolman138
  • | Joined Feb 2012 | Status: Member | 13 Posts
I took short at 1.1570,
will add to it at 1.1620.
 
1
  • Post #140,859
  • Quote
  • Oct 13, 2021 4:12pm Oct 13, 2021 4:12pm
  •  marcin.kamaj
  • Joined Feb 2020 | Status: Full-Time Trader | 259 Posts
Quoting Coolman138
Disliked
I took short at 1.1570, will add to it at 1.1620.
Ignored
Yes, area 1.1620-35 should give some pullback, but for me will be chance for buy DIPs.
Everyone makes mistakes, but only few use equity management.
 
 
  • Post #140,860
  • Quote
  • Oct 13, 2021 10:19pm Oct 13, 2021 10:19pm
  •  SnaveForex
  • | Joined Dec 2011 | Status: Member | 3,829 Posts
Quoting SnaveForex
Disliked
{quote} Look at the 4 hour chart 1528 may have capped it for now
Ignored
pa might possibly spike into 1.1633 upper band and potential 1.1692 if bulls are finally in.
A break below 1581 is no good for bulls.

More insights at london open
 
 
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