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EURUSD

  • #1,205,741
  • Dec 6, 2021 7:51am Dec 6, 2021 7:51am
Short
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  • #1,205,742
  • Dec 6, 2021 7:51am Dec 6, 2021 7:51am
Quoting Robinhood1
{quote} donīt have to answer They just worthless. We are going up
Nah
  • #1,205,743
  • Dec 6, 2021 7:56am Dec 6, 2021 7:56am
Quoting here2there
{quote} You would have to break away from fundamental analysis in order to meet the challenge. The trades must be based on technicals.
Then i wouldn't be profitable anymore

Trading pure technicals is a zero sum game i think.
You have to have an IQ higher than 90 to interact with this user.
  • #1,205,744
  • Dec 6, 2021 7:56am Dec 6, 2021 7:56am
Quoting JauntyLoon
{quote} Nah
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POSTMASTER
  • #1,205,745
  • Dec 6, 2021 8:03am Dec 6, 2021 8:03am
Quoting Robinhood1
{quote} {image}

M5 tells me nothing, but M30 is pretty clear that we're heading down
  • #1,205,746
  • Dec 6, 2021 8:15am Dec 6, 2021 8:15am
EXY stalling on DXY to complete its "W" pattern before swinging into action.

EXY 2Bar Reversal candle at confluence zone (1.618 FIB EXT level., horizontal and trendline support) very strong leading to a second bullish candle to close above the mid trendline, Fib. Ret. 0.382 level & resistance level turned support.

DXY yet to complete/reach its "W" pattern target.

EURUSD Doji candles indicating exhaustion of downtrend. Likely to see it reach the Fib ret. 0.11 level (1.1238) before a bounce to the upside or back to its previous low (1.1186)??

Weekly setup/overview
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #1,205,747
  • Dec 6, 2021 8:24am Dec 6, 2021 8:24am
Quoting pipibrasci
EXY stalling on DXY to complete its "W" pattern before swinging into action. EXY 2Bar Reversal candle at confluence zone (1.618 FIB EXT level., horizontal and trendline support) very strong leading to a second bullish candle to close above the mid trendline, Fib. Ret. 0.382 level & resistance level turned support. DXY yet to complete/reach its "W" pattern target. EURUSD Doji candles indicating exhaustion of downtrend. Likely to see it reach the Fib ret. 0.11 level (1.1238) before a bounce to the upside or back to its previous low (1.1186)?? Weekly...
I need some kind of translation for this one, wow

Is it going up or down
POSTMASTER
  • #1,205,748
  • Dec 6, 2021 8:44am Dec 6, 2021 8:44am
Between the two pinbars on the weekly time frame I think we'll see it move north next. Eventually.
  • #1,205,749
  • Dec 6, 2021 8:45am Dec 6, 2021 8:45am
Quoting Robinhood1
{quote} I need some kind of translation for this one, wow Is it going up or down
That is why it remains a puzzle at the moment as both indexes are slowing down. One thing for sure is that "price inaction" (pair moving sideways) would lead to "price action" and volatility. SO i remain on the sides and switching on the 15M/ 5M TF for little scalps either way while waiting for a clearer picture/signal/action!. .But better trades on EUR, USD vs other pairs (GBP/AUD/CAD/NZD).
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #1,205,750
  • Dec 6, 2021 8:51am Dec 6, 2021 8:51am
Quoting james1254
Between the two pinbars on the weekly time frame I think we'll see it move north next. Eventually.
Maybe a strong bullish bar with a wick the size of the first pin bar!

It cant just go north without clearing all the SL beneath it. But 2 doji is enough to send it north.. maybe. i see some cases where you have upto 4 dojis before making that bullish move. lol. im waiting for its next move. Week just started.!
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #1,205,751
  • Dec 6, 2021 8:51am Dec 6, 2021 8:51am
Quoting Robinhood1
{quote} I have closed my profit long orders 15 pips away from target(80.02) and shorted positions to cover some loosing buys i had from last week plus other short positions targeting 78.00. I will open long positions at 78.00 and expect to close all buys in profit. Lets see
looks like AJ could have topped at 79.98
POSTMASTER
  • #1,205,752
  • Dec 6, 2021 9:06am Dec 6, 2021 9:06am
Quoting pipibrasci
{quote} Maybe a strong bullish bar with a wick the size of the first pin bar! It cant just go north without clearing all the SL beneath it. But 2 doji is enough to send it north.. maybe. i see some cases where you have upto 4 dojis before making that bullish move. lol. im waiting for its next move. Week just started.!
I "forsee" an inside bar pattern for the EXY this week leading to a 3 doji candle setup on EURUSD pair except there is some strong news in the week to shake things up. It could be a boring pair to trade this week.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #1,205,753
  • Dec 6, 2021 9:21am Dec 6, 2021 9:21am
The trendline should act as resistance (having been decisively broken as support) - in theory at least. I doubt that one could make a living from such a supposition

Trading is fun when you don't give a sh!t whether you win or lose
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  • #1,205,754
  • Dec 6, 2021 9:27am Dec 6, 2021 9:27am
Most likelly EU will continue to fall at 1235 after a bounce from the weekly pivot. Also 50 should cross 200 sma, a signal that could lead to more drops later.

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Looking for profitable short term trades ...|
  • #1,205,755
  • Dec 6, 2021 9:59am Dec 6, 2021 9:59am
Quoting JauntyLoon
The trendline should act as resistance (having been decisively broken as support) - in theory at least. I doubt that one could make a living from such a supposition Trading is fun when you don't give a sh!t whether you win or lose {image}
donīt get upset my freind. diferent points of view and as you say, we donīt give a sh&t, we are just addicted
POSTMASTER
  • #1,205,756
  • Dec 6, 2021 10:20am Dec 6, 2021 10:20am
shorting gbpchf to around 12050. If goes beyond 12287 iīll be closing it

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POSTMASTER
  • #1,205,757
  • Dec 6, 2021 10:46am Dec 6, 2021 10:46am
What about this one? Remember i am not human and learn very fast We call this channel ok.

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POSTMASTER
  • #1,205,758
  • Dec 6, 2021 10:48am Dec 6, 2021 10:48am
Quoting Robinhood1
What about this one? Remember i am not human and learn very fast {image}
It took you a while to learn that i am not a broker employee though
You have to have an IQ higher than 90 to interact with this user.
  • #1,205,759
  • Dec 6, 2021 10:49am Dec 6, 2021 10:49am
Quoting Nordling00
{quote} It took you a while to learn that i am not a broker employee though
you cant be right all the time
POSTMASTER
  • #1,205,760
  • Dec 6, 2021 11:08am Dec 6, 2021 11:08am
Quoting here2there
{quote} I would rather flip a coin against a person's entries to test the validity of his or her strategy. Lol This is what is needed: 1. the trader must reveal his or her strategy (must be an actual strategy based on technicals, not a guesstimate) 2. the trader must stick with the same strategy for 100 trades 3. the trader must share his or her entry price, stop loss, and take profit 4. 100 trades must be completed no more than 1 year from the time of the first trade I would then use this tool to see if their...
Hypothetically let's say my announced strategy says to sell.

Then you flip your coin and it will either come up heads or tails. So what does heads mean and what does to tails mean?

Do you actually take the other side of the trade if it is opposite my trade?

I think you need to give detailed specifics.
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