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  • #140,841
  • Oct 13, 2021 12:25pm Oct 13, 2021 12:25pm
Quoting Ata-Turkoglu
{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
hello sir, don't mind
what did you think bulls are start
  • #140,842
  • Oct 13, 2021 12:42pm Oct 13, 2021 12:42pm
Quoting tauhidur
{quote} hello sir, don't mind what did you think bulls are start
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
Focus only on what truly matters!
  • #140,843
  • Oct 13, 2021 12:48pm Oct 13, 2021 12:48pm
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.

Attached Image (click to enlarge)
Click to Enlarge Name: cTf3n.png Size: 158 KB

Green pips for all!
Everyone makes mistakes, but only few use equity management.
  • #140,844
  • Oct 13, 2021 12:55pm Oct 13, 2021 12:55pm
Quoting Ata-Turkoglu
{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
Thanks a lot for your answer
  • #140,845
  • Oct 13, 2021 12:59pm Oct 13, 2021 12:59pm
I’m short <1% risk 20 pip stop
  • #140,846
  • Oct 13, 2021 1:12pm Oct 13, 2021 1:12pm
where is the massive move??
Drawdown is more important than Account Size !
  • #140,847
  • Oct 13, 2021 1:22pm Oct 13, 2021 1:22pm
Quoting procrude
where is the massive move??
Possibly done for the day with a slow grind in for the directional move.
  • #140,848
  • Oct 13, 2021 1:25pm Oct 13, 2021 1:25pm
Attached Image (click to enlarge)
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  • #140,849
  • Oct 13, 2021 1:25pm Oct 13, 2021 1:25pm
I am short from 1.15875
I will add if it reaches 1.16291
For me the goal is 1.14769
  • #140,850
  • Oct 13, 2021 1:27pm Oct 13, 2021 1:27pm
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
{quote} Possibly done for the day with a slow grind in for the directional move.
  • #140,851
  • Oct 13, 2021 1:41pm Oct 13, 2021 1:41pm
The FOMC minutes is not bullish, EU may move up for the rest of the week
  • #140,852
  • Oct 13, 2021 1:41pm Oct 13, 2021 1:41pm
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..

Attached Image (click to enlarge)
Click to Enlarge Name: Daily Analysis.png Size: 29 KB
Focus only on what truly matters!
  • #140,853
  • Oct 13, 2021 2:05pm Oct 13, 2021 2:05pm
Quoting Ata-Turkoglu
{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
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.
  • #140,854
  • Oct 13, 2021 2:12pm Oct 13, 2021 2:12pm
Quoting broketrader
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}
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...

Attached Image (click to enlarge)
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Simplicity is the Ultimate Sophistication.
  • #140,855
  • Oct 13, 2021 2:51pm Oct 13, 2021 2:51pm
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:

Attached Image (click to enlarge)
Click to Enlarge Name: 6rf3n.png Size: 189 KB


Green pips for all!
Everyone makes mistakes, but only few use equity management.
  • #140,856
  • Oct 13, 2021 3:04pm Oct 13, 2021 3:04pm
I took short at 1.1570,
will add to it at 1.1620.
  • #140,857
  • Oct 13, 2021 3:12pm Oct 13, 2021 3:12pm
Quoting Coolman138
I took short at 1.1570, will add to it at 1.1620.
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.
  • #140,858
  • Oct 13, 2021 9:19pm Oct 13, 2021 9:19pm
Quoting SnaveForex
{quote} Look at the 4 hour chart 1528 may have capped it for now
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
  • #140,859
  • Oct 13, 2021 10:08pm Oct 13, 2021 10:08pm
Buy Grid 1547 - 1549, TP 1570 or Before New York open
Holy Betting Grail strategy
  • #140,860
  • Oct 14, 2021 12:57am Oct 14, 2021 12:57am
Quoting bigiivan
{quote} Did you remember this? It is still in play. Waiting for 1,1600 as a first traget.
Done! Next target 1,1640. Maybe after a little correction.
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