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  • Post #143,581
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  • Dec 23, 2021 8:51am Dec 23, 2021 8:51am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 924 Posts
Quoting yvestrcz
Disliked
Sold 1.1340...
Ignored
The time has come, I closed it @ 1.1300. +40 pips alhough a bit of patience was needed.
 
2
  • Post #143,582
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  • Dec 23, 2021 8:56am Dec 23, 2021 8:56am
  •  imwim
  • | Joined Mar 2017 | Status: Member | 1,466 Posts
The partitions dead zone is expected to keep supportive and the drop to be limited to 1.12829-1.12923 area till EOW...while the H4 strong trend line channel switched from support to resistance...
Attached Image(s) (click to enlarge)
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I am who I am
 
1
  • Post #143,583
  • Quote
  • Dec 23, 2021 9:26am Dec 23, 2021 9:26am
  •  Austyno
  • Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,933 Posts
Time to buy guys, 1.12900 is key support
Risk comes from not knowing what to do
 
4
  • Post #143,584
  • Quote
  • Dec 23, 2021 9:40am Dec 23, 2021 9:40am
  •  Mr.Dollards
  • | Joined Oct 2020 | Status: Member | 43 Posts
Now 1312 to 1318, 1322 or 1325 is crucial resistance according to my 1min strategy!

Waiting for short there!
 
 
  • Post #143,585
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  • Dec 23, 2021 10:09am Dec 23, 2021 10:09am
  •  shay14
  • | Joined Mar 2014 | Status: Member | 707 Posts
Quoting Austyno
Disliked
Time to buy guys, 1.12900 is key support
Ignored
Genius
 
1
  • Post #143,586
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  • Dec 23, 2021 10:55am Dec 23, 2021 10:55am
  •  schaos21
  • | Joined Feb 2011 | Status: Member | 314 Posts
If this hourly candle closes red, I believe we'll retest the lows again.
 
1
  • Post #143,587
  • Quote
  • Dec 23, 2021 11:12am Dec 23, 2021 11:12am
  •  schaos21
  • | Joined Feb 2011 | Status: Member | 314 Posts
Quoting schaos21
Disliked
If this hourly candle closes red, I believe we'll retest the lows again.
Ignored
...or not...

LOL
 
 
  • Post #143,588
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  • Dec 23, 2021 11:33am Dec 23, 2021 11:33am
  •  Destinydim
  • | Joined Oct 2018 | Status: Member | 41 Posts
If it falls below 1.1282, it will fall not less than 1.1266
 
 
  • Post #143,589
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  • Dec 23, 2021 12:50pm Dec 23, 2021 12:50pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,562 Posts
Quoting Ata-Turkoglu
Disliked
I am anticipating a dip towards ~1.1288 area.. and therefore it is still best to stay long or to buy potential dips as low as you can..
Ignored
The visit to 1.1288 happened.. and here go bulls... I hope, from now on, price can stay above 1.1305...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
 
2
  • Post #143,590
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  • Dec 23, 2021 12:53pm Dec 23, 2021 12:53pm
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,224 Posts
Possible divergence is forming
Reversal might happen at this HIGH
Waiting for H1 to close
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  • Post #143,591
  • Quote
  • Dec 23, 2021 3:51pm Dec 23, 2021 3:51pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,562 Posts
Quick Weekly Outlook

Of course we have one more day to go and nothing is for sure BUT IF this week's candle can close above 1.1288 until market close, we could expect bullish continuation.. Time will tell..

I hope it helps
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 7.4%
 
7
  • Post #143,592
  • Quote
  • Dec 24, 2021 1:38am Dec 24, 2021 1:38am
  •  Rijfie
  • Joined Aug 2015 | Status: Member | 465 Posts
Quoting Rijfie
Disliked
Next try will it go first to 1.135 or first to 1.128 my guess will be 1.135
Ignored
Still trading around 1.13275
Happy trading
 
 
  • Post #143,593
  • Quote
  • Dec 24, 2021 7:14am Dec 24, 2021 7:14am
  •  Endoephemera
  • | Joined May 2014 | Status: Member | 446 Posts
Quoting Endoephemera
Disliked
{quote} Last week, the 50th 2021, and the fifth of my Xanax trial, I scored +77% on account (500:1). Extraordinary by any measure... and I feel terrible about it. Increased doses of the drug are no longer producing effect. Wednesday I lost my patience with my short and took +40% just before the big drop. Thursday I didn't trade until late into the session and then went against the trend, reversed late and barely recovered the loss. Friday I was highly confident it would drop big time and I only put on a pathetic 4% (WTF ??) of the account, later...
Ignored
This past week, the 51st 2021, I achieved something quite spectacular; I managed to be wrong about market direction every single day

Monday, off Xanax, I panicked and closed-21% on account. Subsequent days managed some orderly retreats and reversals and reduced the loss to -17%. Thursday, I was determined to recover the entire week (??) Increased risk (??). Refused to close positions when I was only at -10% on account (??). Got increasingly tense (??). Got totally destroyed by the last up swing (!!). Week -56%. The dynamic that lead to the catastrophe is typical of such past events. A rather impressive combo of bad market reading and trading decisions (direction prediction, position management, loss of emotional control) with a predictable final climax .

Running nine weeks geometric average still 1.14 (+14% per week compounding). I'm considering what to change...
Temperance (restraint in action, thought or feeling) is a virtue.
 
2
  • Post #143,594
  • Quote
  • Dec 24, 2021 7:21am Dec 24, 2021 7:21am
  •  abdalla235
  • | Joined Apr 2010 | Status: Member | 6 Posts
Quoting Endoephemera
Disliked
{quote} This past week, the 51st 2021, I achieved something quite spectacular; I managed to be wrong about market direction every single day Monday, off Xanax, I panicked and closed-21% on account. Subsequent days managed some orderly retreats and reversals and reduced the loss to -17%. Thursday, I was determined to recover the entire week (??) Increased risk (??). Refused to close positions when I was only at -10% on account (??). Got increasingly tense (??). Got totally destroyed by the last up swing (!!). Week -56%. The dynamic...
Ignored
Been there brother, I learned a trick, before I start trading I watch my stress lvl from my smartwatch and go through an IQ test online usually takes 10 minutes, if I feel comfy I trade, If I feel anxiety I skip the day.

Best of luck
 
2
  • Post #143,595
  • Quote
  • Dec 24, 2021 9:34am Dec 24, 2021 9:34am
  •  imwim
  • | Joined Mar 2017 | Status: Member | 1,466 Posts
EOW = 1.13275
I am who I am
 
 
  • Post #143,596
  • Quote
  • Dec 24, 2021 9:39am Dec 24, 2021 9:39am
  •  marcin.kamaj
  • Joined Feb 2020 | Status: Full-Time Trader | 259 Posts
Will be today EOW game ?

If yes, pls write down mye EOW=1.1283
Everyone makes mistakes, but only few use equity management.
 
 
  • Post #143,597
  • Quote
  • Dec 24, 2021 10:19am Dec 24, 2021 10:19am
  •  newhope
  • | Joined Mar 2018 | Status: Member | 133 Posts
my guess (if there is a game today ... trying not be too late ... ... : 1.13025
 
 
  • Post #143,598
  • Quote
  • Dec 24, 2021 10:24am Dec 24, 2021 10:24am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,224 Posts
1.13155 is my EOW level
Attached Image (click to enlarge)
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  • Post #143,599
  • Quote
  • Dec 24, 2021 10:30am Dec 24, 2021 10:30am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,610 Posts
Merry Christmas folks !
 
2
  • Post #143,600
  • Quote
  • Dec 24, 2021 10:31am Dec 24, 2021 10:31am
  •  RCtrader
  • Joined Aug 2018 | Status: Joyful and Proud | 1,816 Posts
Merry Christmas!
May Santa bring you lots of pips!
++
We should not overlook the symmetrical triangle on the daily chart.
See chart here.
Risk Management is of utmost importance!
 
1
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