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  • #98,841
  • Apr 6, 2022 9:40am Apr 6, 2022 9:40am
8 hours of bulls fighting for this level
overnight also

so i would say they may try to fake to downside and then up

looking to see if we get something on the minutes - and a big drop i will be a buyer of that fake panic

1:20 h until minutes
Attached Image (click to enlarge)
Click to Enlarge Name: eur fake break.png Size: 4 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,842
  • Apr 6, 2022 10:07am Apr 6, 2022 10:07am
Quoting DMA Trader
8 hours of bulls fighting for this level overnight also so i would say they may try to fake to downside and then up looking to see if we get something on the minutes - and a big drop i will be a buyer of that fake panic 1:20 h until minutes {image}
as long as 1.0887 can hold at M15 close, I am ok with Eur longs today,, since day uptrend stop right there, which is fresh day trend, only 6 days old trend. today is the first time that day trend got tested early this morning, I need see Eur can close above at NY close
  • #98,843
  • Apr 6, 2022 10:10am Apr 6, 2022 10:10am
Quoting Boulder
{quote} as long as 1.0887 can hold at M15 close, I am ok with Eur longs today,, since day uptrend stop right there, which is fresh day trend, only 6 days old trend. today is the first time that day trend got tested early this morning, I need see Eur can close above at NY close
for my ea trade to work. euro can climb some. 0995 may hold bulls below. It may be a decent short back to 0934 or deeper.
0934 is 1/2 the distance to 0995.
The 0898/01/04 area supportive. Monitor the closes. Since LC was lower it may wick toward the lows. A long may be lucked upon if it closes above 0901. After a dip toward the lows.
those who can, do. those who cant, talk about those who can
  • #98,844
  • Apr 6, 2022 10:19am Apr 6, 2022 10:19am
Quoting gatorinla
{quote} for my ea trade to work. euro can climb some. 0995 may hold bulls below. It may be a decent short back to 0934 or deeper. 0934 is 1/2 the distance to 0995. The 0898/01/04 area supportive. Monitor the closes. Since LC was lower it may wick toward the lows. A long may be lucked upon if it closes above 0901. After a dip toward the lows.
Cliff note. If eu breaks the 0901 support, even if it goes to 0875. It may close above 0901. That may be bullish st toward 0946 again.
those who can, do. those who cant, talk about those who can
  • #98,845
  • Apr 6, 2022 10:59am Apr 6, 2022 10:59am
gold.... If gold is in the 1873.57 area. It may be a long. If it closes larger time frames below. It may be a dive. The same with 1980.24.. You dont have to watch these. You can set and forget these. They may take months to develop if ever. Whatever time you use. For a b/o and a trend to follow a month and greater would be best. 1926ish (see chart) may be a tp for either.
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those who can, do. those who cant, talk about those who can
  • #98,846
  • Apr 6, 2022 11:02am Apr 6, 2022 11:02am
pretty dovish imo

took some longs
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,847
  • Apr 6, 2022 11:06am Apr 6, 2022 11:06am
since that news is out.. bulls need to hold 0898/0901.. if not, it may test 0835.5, today. Closing today below 0835.5 would be a bearish b/o sign.. bulls want to hold above 0835.5
those who can, do. those who cant, talk about those who can
  • #98,848
  • Apr 6, 2022 11:15am Apr 6, 2022 11:15am
Quoting DMA Trader
pretty dovish imo took some longs {image}
took my short out
and went long - no i have long above 900

market doesn't seem to think like myself.


will not add yet
Attached Image (click to enlarge)
Click to Enlarge Name: short loss 1.png Size: 3 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,849
  • Apr 6, 2022 12:41pm Apr 6, 2022 12:41pm
closing aud/usd -.7497 should be good for my aud short.
those who can, do. those who cant, talk about those who can
  • #98,850
  • Apr 6, 2022 12:44pm Apr 6, 2022 12:44pm
Building some longs to 960
I have short pending there. Also 990, 1.1
Trade to enjoy... Money is after!
  • #98,851
  • Apr 6, 2022 12:56pm Apr 6, 2022 12:56pm
Quoting saninvestor
Building some longs to 960 I have short pending there. Also 990, 1.1
That wouldn't hurt my feelings.. or my ea trade.
those who can, do. those who cant, talk about those who can
  • #98,852
  • Apr 6, 2022 1:05pm Apr 6, 2022 1:05pm
Quoting DMA Trader
{quote} took my short out and went long - no i have long above 900 market doesn't seem to think like myself. will not add yet {image}
not sure what to say about price action
doesn't seem ready for long - 905-910 area still resistance
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,853
  • Apr 6, 2022 1:07pm Apr 6, 2022 1:07pm
usdx looks to be headed to test 101.52.. If it closes a month above, and eu a month below 0835,, that should be a b/o.. I think that may have a better chance with a close on June 30.
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Click to Enlarge Name: screenshot.png Size: 81 KB
those who can, do. those who cant, talk about those who can
  • #98,854
  • Apr 6, 2022 1:10pm Apr 6, 2022 1:10pm
Quoting DMA Trader
{quote} not sure what to say about price action doesn't seem ready for long - 905-910 area still resistance
That's because 0898 is q and 0901 is norm. 0900.1 is the 1/4 mark between 0995 and the current low. Today may close below these. The reject from 1150 is slapping it down to test the support area 0835 and low area. 0900.1 is the lower pp.. 0995 the mid range pp. The bounce today went 1/2 way to 0995

A day close below 0898/0900.1 is not bullish
those who can, do. those who cant, talk about those who can
  • #98,855
  • Apr 6, 2022 1:12pm Apr 6, 2022 1:12pm
Quoting gatorinla
{quote} That wouldn't hurt my feelings.. or my ea trade.
Surely your ea won't sell her around this support before at least 50 pips bounce I think. Expect you sold 0934.
Trade to enjoy... Money is after!
  • #98,856
  • Apr 6, 2022 1:19pm Apr 6, 2022 1:19pm
Watch the eu screw pa, by closing between 0898 and 0900.1
those who can, do. those who cant, talk about those who can
  • #98,857
  • Apr 6, 2022 1:27pm Apr 6, 2022 1:27pm
Quoting saninvestor
{quote} Surely your ea won't sell her around this support before at least 50 pips bounce I think. Expect you sold 0934.
Nope.. It didnt reach 0995.. I cant trade them all. So i tried to wait for the ones with a higher tp potential. Ea has a 1100 pip protentional bounce. At the same time the aud/usd had a potential large drop. So i figured the eu may be stubborn. With less drop potential comparably. I know the eu fairly well. The aud i had to restudy. I cant keep track of all pairs. So I find one with the better chance to reverse on the higher tf. Then zoom in on it. The gold chart i posted today has a high chance to make lots of money. The risk from those levels is limited. Nobody cares because it may be months before you can trade it. Its boring. Instant gratification is the killer of accounts. One can make a years worth of trades in that one trade.
those who can, do. those who cant, talk about those who can
  • #98,858
  • Apr 6, 2022 1:32pm Apr 6, 2022 1:32pm
Quoting saninvestor
{quote} Surely your ea won't sell her around this support before at least 50 pips bounce I think. Expect you sold 0934.
I almost shorted last night when it was unable to close above 090x.. But Its so close to 0835.. I left it alone. I made money the day before. I didnt need to trade just to trade.
those who can, do. those who cant, talk about those who can
  • #98,859
  • Apr 6, 2022 2:13pm Apr 6, 2022 2:13pm
clearly a day close below 0898.
those who can, do. those who cant, talk about those who can
  • #98,860
  • Apr 6, 2022 2:20pm Apr 6, 2022 2:20pm
Quoting Boulder
Eur H1 just reversed uptrend.. Eur may go higher from here next a couple of days..... {image}
With the day close below 0898.. I think some of those will be challenged.. Your day held.. They all have a good chance of being tested in the next 24h..
those who can, do. those who cant, talk about those who can
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