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Quoting Pipjitsu
This is a good time of year to take a break from trading guys...Spend time with your family and loved ones and enjoy the Holidays! Happy Thanksgiving and Merry Christmas to all. Hope you all have an awesome New year. See you 3rd week of January
Thanks Michael!
Quoting Traderview
{quote} This is on 4hrs. Before and Now {image} {image}
Update for the morning post.

1.1180 - 1.1148. Sl hunting or stagnating. From here i think gradual upwards move towards 1.1265.

Lets see
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Quoting yvestrcz
My gut was telling me not to, but still I placed a short order @ 1.1272, risking only 3.5 pips. TP 1.1251.
My gut, humble. Beautiful trade mate. Elegantly anticipating most recent support break potentially becoming resistance with a rare surgical entrance.

I couldn't help myself and scalped from the 1214 micro-resistance holding, with my hands alone ! OK, now I stop ! No more scalping, or I'll get tendinitis again !


Quoting mtako
... we all know what so often happens when we least expect it. Bears still have pristine momentum 2H to W. So as planned, I am till selling aggressively and keeping at BE instead of usual TP (except 3-7 scalps of course!) Sold here 1207, SL large for now. {quote} Finally holding this one of 1257 after 2 BEs, moved at BE a couple hours back at new low break ! Third time the charm I hope !
Early surprise update ! Last 15min is a much too fragile bears candle for me ! Now just moved my 1207 BE, much earlier than expected.
IF BE hit, would reenter at 1207 after returns from above 1217 as long as no 15m cdl close above 1221.


UPDATE : 15min volatility return after snack break setup confirmed sell stop 1.11853

Fun !
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting pipibrasci
{quote} Picture (Market structure/Price Action) speaks louder than words. H4 Scalping TF. D1 - "Inside bar breakout" pattern though candle not closed yet. New Low - 1.12032 {image} {image} {image}

New Low - 1.11861.
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Grit; Knowledge; positive mindset; all you need to overcome & KIS!!!
I am currently sitting on 100 pips negative.

YES, i got caught in fear and greed factor of forex trading (fear of losing and greed of trying to make more).

Will wait till another week if not take my loss and start fresh next year

Over all still very positive for the year.
Quoting fxsport
{quote} You are correct BUT Ain't gonna happen with these GDP numbers - this is dove ammo to support their bogus transitory inflation narrative. The excuse for 1.12 breakthru may come with the 10:00 EST Core PCE or Michigan sentiment
You are correct, the numbers are hinting towards a slowdown and therefor dove ammo. I am waiting eagerly for the PCE numbers, should be interesting
I think that move down was a stop hunt. US Markets closed tomorrow, will expect quick rebound overnight into Friday. I'm holding my buys.
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Stop thinking like a retail trader
Forextrinitrader3.0 Profit This Month: na
  • Post #142,668
  • Quote
  • Edited Nov 25, 2021 2:47am Nov 24, 2021 9:56am | Edited Nov 25, 2021 2:47am
It's all buying below 1.12 and above the low and tomorrow, Thanksgiving day, we give thanks to the banksters-moffos for 50-100 PiPs profits.

Edit. In the contrast to the up there was a lot of selling. This suggests to me that any retr. up will be just that, a retr.

01:59 ST, Thursday I don't expect any up above 1.124 However it seems to have some up momentum, so maybe it's going above that. I'm into this with 40% of the account @1.1191 having taken some losses to balance.
07:13 Closed all longs out of prudence. Still open minded about direction. +25% weekly gain.

09:45 Seems to me that today will be a slow motion session.
Temperance (restraint in action, thought or feeling) is a virtue.
Quoting mtako
... Early surprise update ! Last 15min is a much too fragile bears candle for me ! Now just moved my 1207 BE, much earlier than expected. IF BE hit, would reenter at 1207 after returns from above 1217 as long as no 15m cdl close above 1221. UPDATE : 15min volatility return after snack break setup confirmed sell stop 1.11853 Fun !
Sellstop 11853 moved up to 1.11988

1207 stopped out at BE, still could reenter, but doubt it for today, see conditions above.
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting Dirty30
{quote} Needs to reclaim it for bullish short term / sideways {image}
No break, no shake
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Quoting fafnir
{quote} You are correct, the numbers are hinting towards a slowdown and therefor dove ammo. I am waiting eagerly for the PCE numbers, should be interesting
Those numbers should have sent USD down as Powell isn't going to raise rates until they force him to; data be damned!

I forgot about the release of the FOMC meeting at 2:00 pm - problem is that most people on Wall St. will have already left for the weekend.
...because you never know - until you do!
Before NY price was dancing around 1.1205.. Then, bears tried with everything they have to reach 1.1155 area but no success.. This hesitation could lead to a bounce up soon. Just thinking out loud..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: -3.5%
Meanwhile on weekly..

*worst case for coming weeks: a drop to 1.0831 area
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: -3.5%
Quoting fxcontest
Buy Grid : 1190 - 1194, and TP All Sell
All In, SL : 1180
Quoting fxcontest
{quote} Cancelled, Still going South for 100 pips and more Add More Sell
TP All Sell
Quoting mtako
{quote} Sellstop 11853 moved up to 1.11988 1207 stopped out at BE, still could reenter, but doubt it for today, see conditions above.
My bias is still very bearish - I just won't buy much, rather sell as high as I can - however I wouldn't be surprised to see it drop a bit today yet. 1.1173 or so.
Quoting DingDongWay
Call me niave but im looking at 1.12 1.11, current runs on hand {image}
Its good to be niave. Haha
Sincerely Yours Cheers!
EURUSD proved - Trend is the Friend for Entire Month.

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Starting sell at : 1215 - 1217
For today 1.1242 is key... Bulls have to break it to trigger a potential change in direction.. Time will tell..

*1.1170 is main support!
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: -3.5%
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