Where we stop this week ?maybe under 1.09 ? Last runners closing now and taking profit, 1.0925 is a some big number I think, wish all wonderfull weekend and take care, see ya!
Risk Management is of utmost importance!
- #146,401
- Mar 11, 2022 11:51am Mar 11, 2022 11:51am
- Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts
- #146,402
- Mar 11, 2022 11:59am Mar 11, 2022 11:59am
- Joined May 2021 | Status: Trader | 7,225 Posts
EU now almost 140 pips range 
Im geting thinking thats range or more will be normal for next week🌪
Im geting thinking thats range or more will be normal for next week🌪
People don't plan to lose. They lose because they don't plan.
- #146,403
- Mar 11, 2022 12:53pm Mar 11, 2022 12:53pm
- Joined May 2021 | Status: Trader | 7,225 Posts
EU now almost 140 pips range
People don't plan to lose. They lose because they don't plan.
- #146,404
- Mar 11, 2022 2:42pm Mar 11, 2022 2:42pm
- Joined Sep 2016 | Status: Its my job to know what others dont | 1,348 Posts
WaBaS Where are Buyers and Sellers
- #146,407
- Edited Mar 12, 2022 12:00am Mar 11, 2022 10:50pm | Edited Mar 12, 2022 12:00am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #146,409
- Mar 12, 2022 5:50am Mar 12, 2022 5:50am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Based on H1 and H4, 1.0901/11 area is a potential "bounce up" area.. BUT even if that area doesn't hold, I have one final support area sitting around 1.0865/75..
Now, before market close, the H4 chart printed a long bearish candle down and then a small doji candle.... It wouldn't surprise me if the opening candle for Monday would become a long bullish candle all the way up to 1.10, to create a "morning star" reversal pattern.. In other words, two of the ingredients are ready and it would not be wrong to anticipate the 3rd to appear next, 4 hours after market opens.. Just my two cents.. Time will tell...
Enjoy your weekends folks
Now, before market close, the H4 chart printed a long bearish candle down and then a small doji candle.... It wouldn't surprise me if the opening candle for Monday would become a long bullish candle all the way up to 1.10, to create a "morning star" reversal pattern.. In other words, two of the ingredients are ready and it would not be wrong to anticipate the 3rd to appear next, 4 hours after market opens.. Just my two cents.. Time will tell...
Enjoy your weekends folks
Focus only on what truly matters!
- #146,411
- Mar 12, 2022 11:35am Mar 12, 2022 11:35am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #146,413
- Mar 13, 2022 7:11am Mar 13, 2022 7:11am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Greetings brothers, based on the current situation we have at hand, bears have taken control once again. For the mean time, I won't be using the buy button for now.
For Monday, we will most likely have a fierce drop from open price during Asian session to take out the stops and gain liquidity around 1.08060(bad news for bulls, sorry). Then we will do the same thing for bears and take out stops just above the open price and finally come to a halt at 1.094xx- 1.095xx (another opportunity to sell again if you missed the initial drop).
From a technical perspective, the same candle on monthly is similar to what we are to expect this week.
When a bearish doji forms in the middle of a trend(direction is previously known), it signifies that the next candle coming is going to be full blown in the direction of the trend. We have a bearish weekly doji. This week will be a full blown bearish candle.
I wish you a successful trading week,
For Monday, we will most likely have a fierce drop from open price during Asian session to take out the stops and gain liquidity around 1.08060(bad news for bulls, sorry). Then we will do the same thing for bears and take out stops just above the open price and finally come to a halt at 1.094xx- 1.095xx (another opportunity to sell again if you missed the initial drop).
From a technical perspective, the same candle on monthly is similar to what we are to expect this week.
When a bearish doji forms in the middle of a trend(direction is previously known), it signifies that the next candle coming is going to be full blown in the direction of the trend. We have a bearish weekly doji. This week will be a full blown bearish candle.
I wish you a successful trading week,
Risk comes from not knowing what to do
- #146,414
- Mar 13, 2022 7:32am Mar 13, 2022 7:32am
- Joined May 2021 | Status: Trader | 7,225 Posts
People don't plan to lose. They lose because they don't plan.
- #146,415
- Mar 13, 2022 7:35am Mar 13, 2022 7:35am
- Joined May 2021 | Status: Trader | 7,225 Posts
People don't plan to lose. They lose because they don't plan.
The nearest resistance and high for the week will be 1.093, I don't expect price to go any higher, or maybe not see any high to the upside at all. Tp for the week will be 1.06-1.05 bears are not smiling.
Something hooge is going to happen this week.
Trade safe
Something hooge is going to happen this week.
Trade safe
- #146,419
- Mar 13, 2022 12:19pm Mar 13, 2022 12:19pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
The nearest resistance and high for the week will be 1.093, I don't expect price to go any higher, or maybe not see any high to the upside at all. Tp for the week will be 1.06-1.05 bears are not smiling. Something hooge is going to happen this week. Trade safe
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #146,420
- Mar 13, 2022 12:56pm Mar 13, 2022 12:56pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can