- #143,643
- Dec 29, 2021 10:45am Dec 29, 2021 10:45am
- Joined Sep 2017 | Status: Trader | 4,492 Posts
{quote} Hope y'all took this advice. Meanwhile if you really pleased with all the services I rendered this year and you want to show your appreciation, you can do via crypto My usdt address (Bep20) 0xC5a9bA4420779E49d90C90ff07C23B040f54896E Ata, pardon this postThis is my last post for this year, see y'all next year and happy trading. Compliment of the season and a happy new year in advance.
- #143,648
- Dec 30, 2021 8:52am Dec 30, 2021 8:52am
- Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts
If anyone is wondering what is going on. The explanation is that we are in the final stages of the symmetrical triangle (daily chart) before being broken. So that's why the price is volatile and going up and down aimlessly.
EURUSD Chart
EURUSD Chart
Risk Management is of utmost importance!
- #143,649
- Dec 30, 2021 8:58am Dec 30, 2021 8:58am
If anyone is wondering what is going on. The explanation is that we are in the final stages of the symmetrical triangle (daily chart) before being broken. So that's why the price is volatile and going up and down aimlessly. EURUSD Chart
End of year window dressing
- #143,651
- Dec 30, 2021 10:51am Dec 30, 2021 10:51am
- Joined Sep 2013 | Status: Trader | 1,646 Posts
Hey! there you go {image} {image} {image} {image}
Be cool
Don't believe me just watch!
- #143,652
- Dec 30, 2021 2:04pm Dec 30, 2021 2:04pm
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
1st Weekly Outlook for 2022
- The S/R levels on the chart below are reflecting the upcoming week, i.e. the 1st week of 2022..
- We can see that candles are now opening above the median line of the main falling wedge..
- That said, we can now expect a slow-down of bearishness and either a direct rally towards 1.1440 area or a delayed rise after nearest support: 1.1268 area has been properly retested.. Time will tell which one it would be..
- With current picture, we can't say that bears are completely done, since even the slightest bearish retest could create long wicks to the downside (even to 1.1095 area), BUT we can still anticipate that bulls are getting ready to find the best time for a proper surprise attack..
- Overall, I see a bullish phase coming, so be prepared and trade safe!
I hope it helps
Focus only on what truly matters!
- #143,653
- Dec 30, 2021 3:56pm Dec 30, 2021 3:56pm
- | Joined Mar 2017 | Status: Trader | 1,637 Posts
I am who I am
- #143,655
- Dec 31, 2021 12:07am Dec 31, 2021 12:07am
- Joined Mar 2012 | Status: Trader | 1,983 Posts
I have a large short balance on e/u and I got paid a lot of interest by IG for some reason overnight. Usually it would be like -$100 a day or something, and they said due to volatility end of year, expect the funding costs to be 10-15x higher, but they actually paid me $80 somehow. Bit weird. I understand there is a SLIGHT interest rate differential favouring shorts, but that would be more than eaten up by IG's stupid funding costs. Sorry for the off-topic, but this is a bit weird, I'm wondering if they made a mistake and gonna send me a 1k bill 
My view on e/u is I am short and kinda hoping/assuming it will retest lows around 1.12
My view on e/u is I am short and kinda hoping/assuming it will retest lows around 1.12
- #143,659
- Dec 31, 2021 7:49am Dec 31, 2021 7:49am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#EURUSD / H4 
