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EURUSD only

  • #141,501
  • Oct 29, 2021 3:49am Oct 29, 2021 3:49am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 Ftmo2910 (2).png Size: 9 KB

TRADING OR BETTING ?

BUY GRID BELOW 1600
Holy Betting Grail strategy
  • #141,502
  • Oct 29, 2021 4:04am Oct 29, 2021 4:04am
Not long be on sideline, because I now took long at 1.1651, for again 10-15 pips ( will close from hand, depend of situation).

Sl: 22 pips

Green pips for all!
Everyone makes mistakes, but only few use equity management.
  • #141,503
  • Oct 29, 2021 4:06am Oct 29, 2021 4:06am
We arrived at my nearest support on DAILY: 1.1650... Let's see how good this support is..
Focus only on what truly matters!
  • #141,504
  • Oct 29, 2021 4:21am Oct 29, 2021 4:21am
I had a support at 1.1646, exactly touched it. But there is upside resistance at 1.16533 now.

The spirit of yesterday totally gone (for now of course).
  • #141,505
  • Edited 4:40am Oct 29, 2021 4:26am | Edited 4:40am
A trend following trader basically focuses on pullbacks.. 20%.. 30%.. or 50% pullbacks in general.. That is basically what a trader goes for, while expecting trend to continue.. BUT this market is still not trending.. It only does choppy moves like a mad cockroach.. So many 88.6 to 1.272% sort of retracements (bats and sharks) one after the other on small timeframes is rare.. Best is to keep your calm, stick to trend and be flexible with your stops! If you still lose you call it a day and continue tomorrow..
Focus only on what truly matters!
  • #141,506
  • Oct 29, 2021 4:30am Oct 29, 2021 4:30am
Week opened @ 1.1639 and low is 1.1582.

It's already looking an undecided candle. It'll likely going to move 20 pips up and down around this and end around 1.1625. +/- 20 pips.
  • #141,507
  • Oct 29, 2021 4:35am Oct 29, 2021 4:35am
looking to scalp long at 1.1636 sl 10 pips, holding short now until that price level, ideal short target today 1.1618
  • #141,508
  • Oct 29, 2021 4:35am Oct 29, 2021 4:35am
Quoting Traderview
Week opened @ 1.1639 and low is 1.1582. It's already looking an undecided candle. It'll likely going to move 20 pips up and down around this and end around 1.1625. +/- 20 pips.
I agree.. and in my pov, anything lower than 1.1650 is actually just an environment artificially created by robber banks to buy the lows.. I don't know how they do it but they do it.. Time will tell..
Focus only on what truly matters!
  • #141,509
  • Oct 29, 2021 4:38am Oct 29, 2021 4:38am
There is a stronger support at 1.1640 if it falls now more.
  • #141,510
  • Oct 29, 2021 4:40am Oct 29, 2021 4:40am
Quoting Ata-Turkoglu
{quote} I agree.. and in my pov, anything lower than 1.1650 is actually just an environment artificially created by robber banks to buy the lows.. I don't know how they do it but they do it.. Time will tell..
They could just smell our fear on the back of neck and they just take advantage of it. How? Collect the SL and move .
  • #141,511
  • Oct 29, 2021 5:05am Oct 29, 2021 5:05am
One thing for sure: Based on H4 we are below 1.1660 and that is a bad thing for bulls! (I hope they can pull this back up before it is too late)
Focus only on what truly matters!
  • #141,512
  • Edited 7:28am Oct 29, 2021 7:18am | Edited 7:28am
Based on M15, M30 or H1, assuming the X and A legs are formed with yesterday's bullish rally.. we are now waiting for the B leg to be completed BUT right now it could form any potential harmonic pattern.. Nothing obvious for now! B has passed 38.2 and could complete at 50.. 61.8.. 78.6.. 88.6... etc. etc.. really nothing for sure before price rises towards the C leg..

It is a waiting game.. Zzzzzz....
Attached Image (click to enlarge)
Click to Enlarge Name: M30.png Size: 28 KB
Focus only on what truly matters!
  • #141,513
  • Oct 29, 2021 7:43am Oct 29, 2021 7:43am
Now it reached 50... will it go lower? Let's see..
Focus only on what truly matters!
  • #141,514
  • Oct 29, 2021 7:49am Oct 29, 2021 7:49am
Scalper long order (2nd long) triggered here at 1.1625... Stops at least 15 pips..

*We arrived at 61.8.. can it go lower?
Focus only on what truly matters!
  • #141,515
  • Oct 29, 2021 7:52am Oct 29, 2021 7:52am
Quoting fxcontest
{image} TRADING OR BETTING ? BUY GRID BELOW 1600
Make a cup of coffee and preparing to Buy
Holy Betting Grail strategy
  • #141,516
  • Oct 29, 2021 7:57am Oct 29, 2021 7:57am
Quoting Ata-Turkoglu
Scalper long order (2nd long) triggered here at 1.1625... Stops at least 15 pips.. *We arrived at 61.8.. can it go lower?
I think 1.1620 should hold it for today. It's already 70 pips from top to bottom today. Now range till end of day.
  • #141,517
  • Oct 29, 2021 7:59am Oct 29, 2021 7:59am
Quoting Mitiblotch
{quote} I think 1.1620 should hold it for today. It's already 70 pips from top to bottom today. Now range till end of day.
Potential bat is violated.. All other patterns still can play out.. I am still waiting for B leg to become obvious... Zzzzzz...
Focus only on what truly matters!
  • #141,518
  • Oct 29, 2021 8:01am Oct 29, 2021 8:01am
Quoting Ata-Turkoglu
Scalper long order (2nd long) triggered here at 1.1625... Stops at least 15 pips.. *We arrived at 61.8.. can it go lower?
LOng 1.162x again
  • #141,519
  • Oct 29, 2021 8:02am Oct 29, 2021 8:02am
Target for this bear is at 1.16060 area... Until then, sell the high
Risk comes from not knowing what to do
  • #141,520
  • Oct 29, 2021 9:00am Oct 29, 2021 9:00am
Pullback doesn't respect 61.8 either.. Can it go to 78.6? Let's see..
Focus only on what truly matters!
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