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  • #147,341
  • Apr 6, 2022 5:55am Apr 6, 2022 5:55am
Good morning, hope you're great. The bears have shown yesterday, that they are the ones with strength lol.

Today, I think 1.0925 can be a good resistance;
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  • #147,342
  • Apr 6, 2022 5:56am Apr 6, 2022 5:56am
Quoting PipThePanda
{quote} Hey Blazed, What is that indicator with the arrows showing trend called? Could you please share it! Thanks
Attached File(s)
File Type: ex4 MA MTF Display nmc .ex4   18 KB | 325 downloads

go to properties and move it on whichever corner you whish.
  • #147,343
  • Apr 6, 2022 6:01am Apr 6, 2022 6:01am
Quoting Blazed
Just an Idea. Since price is resting on a strong demand zone, price might try to retrace back to 1.0930lvls before pushing down or even break to 1.0960 lvl and then push down. Or just continue down, either way better watch before doing an entry. {image}
So a reversal ended up happening, I would only dare to take a trade in the ranges of 1.0930 and 1.0960.
  • #147,344
  • Edited 6:24am Apr 6, 2022 6:01am | Edited 6:24am
Quoting sulai45
Good morning, hope you're great. The bears have shown yesterday, that they are the ones with strength lol. Today, I think 1.0925 can be a good resistance; {image}
Boy, I think that is quite possible, but if we dont get a bigger pullback than that, even with the news, 1H momentum is ripe to take it all the way back DOWN to Timbuktu even early than I had expected! BUT Bulls are due for some kind of revenge, right mates?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,345
  • Apr 6, 2022 6:17am Apr 6, 2022 6:17am
Quick DAILY S/R Levels for Wednesday

I think 1.0866 area will provide support until FOMC minutes.. Trade safe
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Focus only on what truly matters!
  • #147,346
  • Apr 6, 2022 6:40am Apr 6, 2022 6:40am
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still long, they took it a wave lower, now correcting 2 waves
  • #147,347
  • Apr 6, 2022 6:48am Apr 6, 2022 6:48am
Quoting Sbygneus
{image}still long, they took it a wave lower, now correcting 2 waves
I love that candle ! looks like my last night's nightmare ! Might as well put your TPs at the top of it.

Sorry... the micro ranging has got to to my head .

I will try to follow you with my long, to around your 1st TP, I hope.

Good luck with your trade, Cheers mate!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,348
  • Apr 6, 2022 6:55am Apr 6, 2022 6:55am
Quoting mtako
{quote} I love that candle ! looks like my last night's nightmare ! Might as well put your TPs at the top of it. Sorry... the micro ranging has got to to my head . I will try to follow you with my long, to around your 1st TP, I hope. Good luck with your trade, Cheers mate!
https://www.mql5.com/en/market/produ...%2Fmarket%2Fmy

I use the candle for a better overview , thank you, I wish you successful trading
  • #147,349
  • Apr 6, 2022 6:57am Apr 6, 2022 6:57am
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eurusd has not yet decided on a long-term move, but both options are still in force
  • #147,350
  • Apr 6, 2022 7:02am Apr 6, 2022 7:02am
Quoting mtako
Buy stop 09138, 15m volatility war winner prize setup ! SL 15pips P,S don't get triggered UNless you are sure to reach the 30s, ok?.
once price>0930, I reverse(close long and sell) WHEN the first 5min bear candle low is broken.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,351
  • Apr 6, 2022 7:03am Apr 6, 2022 7:03am
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  • #147,352
  • Apr 6, 2022 7:33am Apr 6, 2022 7:33am
I don't like to talk about trading. everything is on the chart.

Let's meet there.
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Swing Trader
  • #147,353
  • Apr 6, 2022 7:34am Apr 6, 2022 7:34am
Quoting mtako
Buy stop 09138, 15m volatility war winner prize setup ! SL 15pips P,S don't get triggered UNless you are sure to reach the 30s, ok?.
Quoting mtako
{quote} once price>0930, I reverse(close long and sell) WHEN the first 5min bear candle low is broken.
>0930 reached, so now waiting for the 5min bear candle patiently, selling when its low is broken... Wonder how far bulls can take this before the news mmmm.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,354
  • Apr 6, 2022 7:38am Apr 6, 2022 7:38am
No guesses. Each time I check if the price is getting a reaction from a zone. The way the price approaches the zone, the size of the candles and their needles have always been important to me.
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Swing Trader
  • #147,355
  • Apr 6, 2022 7:45am Apr 6, 2022 7:45am
Quoting mustafayucel
No guesses. Each time I check if the price is getting a reaction from a zone. The way the price approaches the zone, the size of the candles and their needles have always been important to me. {image}
In this case, are you buying as anticipation, in the middle of both zones, to reverse at next zone or hold, depending on reaction?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,356
  • Apr 6, 2022 7:48am Apr 6, 2022 7:48am
Quoting mtako
{quote} {quote} >0930 reached, so now waiting for the 5min bear candle patiently, selling when its low is broken... Wonder how far bulls can take this before the news mmmm.
Bingo ! closed my long for 17pips and opened a new short 09314!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,357
  • Apr 6, 2022 7:50am Apr 6, 2022 7:50am
Quoting mtako
{quote} In this case, are you buying as anticipation, in the middle of both zones, to reverse at next zone or hold, depending on reaction?
It varies by trade. It is very difficult to explain this in writing.
Swing Trader
  • #147,358
  • Apr 6, 2022 7:52am Apr 6, 2022 7:52am
Quoting mustafayucel
{quote} It varies by trade. It is very difficult to explain this in writing.
I understand 100%. I guess I will get it more as time goes and you share more examples. Thank you very much for sharing mate!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #147,359
  • Apr 6, 2022 7:54am Apr 6, 2022 7:54am
Quoting mtako
{quote} I understand 100%. I guess I will get it more as time goes and you share more examples. Thank you very much for sharing mate!
You're welcome.

Traders helps traders
-mustafa
Swing Trader
  • #147,360
  • Apr 6, 2022 7:55am Apr 6, 2022 7:55am
So usdx alone to mirror eu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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