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  • #1,209,321
  • Jan 27, 2022 10:37pm Jan 27, 2022 10:37pm
Quoting Robinhood1
{quote} Reversed for swing traders up for some weeks
Wait, what?

What pair are you looking at?
  • #1,209,322
  • Jan 27, 2022 10:43pm Jan 27, 2022 10:43pm
Quoting Robinhood1
{quote} {image}
How did it reverse TO the upside? You don’t really think that tiny blue candle means a reversal, do you?

1.09/1.10 has to be hit first before we talk about any real reversal.
  • #1,209,323
  • Jan 27, 2022 10:48pm Jan 27, 2022 10:48pm
Quoting fxpipper
{quote} How did it reverse TO the upside? You don’t really think that tiny blue candle means a reversal, do you? 1.09/1.10 has to be hit first before we talk about any real reversal.
By the time you talk about reversal it will be history, bye for now
POSTMASTER
  • #1,209,324
  • Jan 27, 2022 11:03pm Jan 27, 2022 11:03pm
This whole conversation was a waste of time. The arbitrarily drawn trendlines on your chart mean absolutely nothing when it comes to forecasting price. But believe what you will.
  • #1,209,325
  • Edited Jan 28, 2022 12:40am Jan 27, 2022 11:17pm | Edited Jan 28, 2022 12:40am
Quoting fxpipper
{quote} Wait, what? What pair are you looking at?
Don't worry about it.
The key area as you said, is 1.09 (1.08-1.09) confluence zone, which is clear on the monthly (and it will perhaps break that).

Looks to me like any turn from its current location, will just be to retest the breakout around 1.1250-1.13 area before further down
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Compulsions can be hard to resist
  • #1,209,326
  • Edited 3:35am Jan 28, 2022 2:24am | Edited 3:35am
Quoting ForexGoose
{quote} trading is a social science that combines statistics, economics, and psychology 1. statistics uses math to study probabilities 2. economics defines monetary policy 3. psychology determines what is greed and fear in the market trading is not that difficult if you are patient and don't expect instant gratification like a gambler or addict the best traders are probably women because men only think with their balls and get prick teased easily
Didn't knew that women are better traders, where dId you found that out? I know they are worst gamblers from us, men.

All three are basics and I have gained the patience I needed. When I was new to trading I was opening and closing trades faster than a shooting gun

Well done!
Looking for profitable short term trades ...|
  • #1,209,327
  • Edited 4:49am Jan 28, 2022 2:40am | Edited 4:49am
First target met, but the next at 1019 is more significant too me. Yearly pivot (S1) is an option too!

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Looking for profitable short term trades ...|
  • #1,209,328
  • Jan 28, 2022 3:14am Jan 28, 2022 3:14am
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I am not certain....but there is a good chance for a rebound from 1.11 21 . . . .

Cashing few blue chips...[very blue...]

  • #1,209,329
  • Jan 28, 2022 3:46am Jan 28, 2022 3:46am
Quoting F.g
{image} I am not certain....but there is a good chance for a rebound from 1.11 21 . . . . Cashing few blue chips...[very blue...]
Dont you have big Demand listed at 1.1098-93? Dunno, seems like the 21 is a very small demand box for such a big move to pullback. Eitherway my last tp hit im out of shorts looking to reload
  • #1,209,330
  • Jan 28, 2022 4:02am Jan 28, 2022 4:02am
Quoting Windstrown
{quote} Dont you have big Demand listed at 1.1098-93? Dunno, seems like the 21 is a very small demand box for such a big move to pullback. Eitherway my last tp hit im out of shorts looking to reload
Man , I agree.... There is much more potential SOUTH.....But a rebound towards 1.12 00 is very probable to occur , regardless of Fundamentals which remain bearish.

keep barrels hot....

  • #1,209,331
  • Jan 28, 2022 4:17am Jan 28, 2022 4:17am
ECB next week should help EU retrace some pips, but all the week seems to me like a consolidation, because NFP Friday.
Looking for profitable short term trades ...|
  • #1,209,332
  • Jan 28, 2022 6:58am Jan 28, 2022 6:58am
Quoting fxpipper
{quote} How did it reverse TO the upside? You don’t really think that tiny blue candle means a reversal, do you? 1.09/1.10 has to be hit first before we talk about any real reversal.
You don’t really think that tiny blue candle means a reversal, do you?

LOL
Well, there needs to be the TF specified for the reversal. In this case, because he displayed the D1, we'll go with a D1 reversal.
Hmmmm, the M15 has a confirmed up trend now, but that is as far up the TFs that it goes. And that is WAY too far from D1 to be declaring a D1 reversal. Plenty of TFs between M15 and D1 for this M15 up trend to be a mere rally to higher TF down swings.

Maybe he is just joking around?
To free Gazans of Hamas, use whatever it takes.
  • #1,209,333
  • Jan 28, 2022 7:01am Jan 28, 2022 7:01am
Quoting Robinhood1
{quote} By the time you talk about reversal it will be history, bye for now
By the time you talk about reversal it will be history,

Exactly! That is why waiting for a reversal to BE history gets you in the right direction WAY more often that trying to anticipate where/when the reversal starts.
To free Gazans of Hamas, use whatever it takes.
  • #1,209,334
  • Jan 28, 2022 7:08am Jan 28, 2022 7:08am
Quoting kuroro001
{quote} 1145 now so far 1157/1153/1145
1133

1157/1153/1145/1133
COT: The precious data ignored
  • #1,209,335
  • Jan 28, 2022 7:24am Jan 28, 2022 7:24am
Quoting DrDave
{quote} By the time you talk about reversal it will be history, Exactly! That is why waiting for a reversal to BE history gets you in the right direction WAY more often that trying to anticipate where/when the reversal starts.
Where have i seen this expression recently "Exactly". He knows i know

Gann does not anticipate, he knows. As kuku says: market always puts discussions in the right place, i love it

I think he is in the wrong place, should have been a writer good phrases
POSTMASTER
  • #1,209,336
  • Jan 28, 2022 7:34am Jan 28, 2022 7:34am
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DOW 5' -Longed just 2 min. ago . . .

  • #1,209,337
  • Jan 28, 2022 7:41am Jan 28, 2022 7:41am
Quoting Robinhood1
{quote} Where have i seen this expression recently "Exactly". He knows i know Gann does not anticipate, he knows. As kuku says: market always puts discussions in the right place, i love it I think he is in the wrong place, should have been a writer good phrases
Gann does not anticipate, he knows.

But how many traders do you know that anticipate because they don't know, and how many traders do you know that know?
To free Gazans of Hamas, use whatever it takes.
  • #1,209,338
  • Jan 28, 2022 7:44am Jan 28, 2022 7:44am
Quoting DrDave
{quote} By the time you talk about reversal it will be history, Exactly! That is why waiting for a reversal to BE history gets you in the right direction WAY more often that trying to anticipate where/when the reversal starts.
I am aware of being in Comanche territory

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POSTMASTER
  • #1,209,339
  • Jan 28, 2022 7:47am Jan 28, 2022 7:47am
Quoting DrDave
{quote} Gann does not anticipate, he knows. But how many traders do you know that anticipate because they don't know, and how many traders do you know that know?
who knows

Inserted Video
POSTMASTER
  • #1,209,340
  • Jan 28, 2022 7:54am Jan 28, 2022 7:54am
Quoting DrDave
{quote} Maybe he is just joking around?
That’s what I’m thinking, and it’s becoming more apparent. Tongue-in-cheek.
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