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EURUSD only

Fresh scalper-long order here at 1.1622.. Stops at least 15 pips..

*Main long order from 1.1645 has to wait..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting fxcontest
{quote} IMO Still Bullish Trend in Tunnel{image}
Remember rising channel usually break downwards
Risk comes from not knowing what to do
Quoting Ata-Turkoglu
Fresh scalper-long order here at 1.1622.. Stops at least 15 pips.. *Main long order from 1.1645 has to wait..
Closing scalper-order here at 1.1628 with +6 pips..

*Collected pips so far 15+6=+21 pips..
**Main order from 1.1645 has to wait..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting Opasen
I think the bull break is fake and the bearish trend will continue. Maybe it came as a result of collecting profits or fake "drawing" on the charts to confuse traders !? And maybe both ... I'm short again.
I am out from this short.
I covered yesterday's loss (with double volume) and a little more
Now I will sit and hesitate
Next sell level sits at 1.16369
Risk comes from not knowing what to do
Quoting lucky1359
{quote} Like This {image}
Exactly. And the longer term view (low in march 2020 and high in december of same year) i expect price to correct to those levels or atleast one of them. We'll see.
Quoting Austyno
Next sell level sits at 1.16369
I agree, but with a few pips more
1.1639 (on M15)
Closing main order here at 1.1631 with -14 pips loss.. adding profits during draw down: +21 => 21-14=+7 pips gained so far..

As usual, now I can continue my day with a positive mindset..

New sell order here at: 1.1630... Stops at least 15 pips..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting Austyno
{quote} Remember rising channel usually break downwards
Almost Every breakout - Retest
M15 Update

Bulls need break to 1.1646
Bears need break to 1.1608
Attached Image (click to enlarge)
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Attachment G
Attached Image (click to enlarge)
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May Peace & Blessings Of The Almighty God Be Upon You.
Quoting Ata-Turkoglu
Closing main order here at 1.1631 with -14 pips loss.. adding profits during draw down: +21 => 21-14=+7 pips gained so far.. As usual, now I can continue my day with a positive mindset.. New sell order here at: 1.1630... Stops at least 15 pips..
Closed order here at 1.1623 with +7 pips..

For today, the monthly S/R level: 1.1622 concerns me whenever I am selling.. I might go back to buying dips BUT I will wait for NY open first to see how pa will be situated by then.. Waiting on side lines
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting Ata-Turkoglu
{quote} Closed order here at 1.1623 with +7 pips.. For today, the monthly S/R level: 1.1622 concerns me whenever I am selling.. I might go back to buying dips BUT I will wait for NY open first to see how pa will be situated by then.. Waiting on side lines
Hey! Congrats on making profit on the drawdown trade, did you end up breaking even/making profit on the long trader from the 1.17 area? I must've missed it.

Also, I've never seen you do a main order drawdown strategy only ~20 pips away from your next order, and the one below happened to be short. Do you mind sharing why the next order was so close, and why the order below the main order you also double down scalped short? Thanks

Currently holding a short from 1.1656 on yesterdays bullish 15 min candle, stop BE. TP 1.16 area where I'll look to long.
Quoting Austyno
Next sell level sits at 1.16369
Active
Risk comes from not knowing what to do
Quoting Opasen
{quote} I agree, but with a few pips more 1.1639 (on M15)
Active too
Quoting Kyuu
{quote} Hey! Congrats on making profit on the drawdown trade, did you end up breaking even/making profit on the long trader from the 1.17 area? I must've missed it. Also, I've never seen you do a main order drawdown strategy only ~20 pips away from your next order, and the one below happened to be short. Do you mind sharing why the next order was so close, and why the order below the main order you also double down scalped short? Thanks Currently holding a short from 1.1656 on yesterdays bullish 15 min candle, stop BE. TP 1.16 area where...
I am only sharing what I do, so that some members can take it as an example that with proper order and money management, drawdowns can become opportunities and not something to be scared of.. Simple as that..

That said, my 2nd order strategy has NOTHING to do with opening it to "a certain distance to main order."!! If you remember, I mentioned it so many times that I always open orders at certain S/R levels.. This time it was the monthly support 1.1622.. It happened to be that my main order had been opened at S/R level: 1.1644 that was already close to my monthly support level 1.1622.. Basically just coincidence..

Oh, and the reason I doubled down (i.e. opened 2 sell orders) is that if I had opened only 1 sell order it would be hedging.. I never hedge!

Overall and after this hour, I prefer to stay away from selling while DAILY candle is above 1.1622..

I hope it clarifies..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
1.1648 could be area of a bearish BAT pattern based on M15.. watch it before opening longs..

Once/if bearish bat is traded or market prints a new pullback I am planning to buy those dips..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting Cornabu
{quote} Buy Limit active @ 1.1619 sl below 1.1594 (23%) target 1.1695 H1 update {image}
Closed @ 1.1642 profit 22 pips

scalping sell 1.1642 sl 20 pips tp open

Buy limit 1.1610 sl below 1.1594 tp open

M15 update
Attached Image (click to enlarge)
Click to Enlarge Name: 20102021m153.png Size: 32 KB
Just went long at 1.1637.. Stops at least 12 pips..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
Quoting Ata-Turkoglu
Just went long at 1.1637.. Stops at least 12 pips..
Closed order here at 1.1644 with +7 pips..

*I know it is a choppy day and many of you probably hate the pa.. It is what it is.. +21 pips collected so far..
Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 129.6%
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