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  • #1,214,961
  • May 25, 2022 5:44pm May 25, 2022 5:44pm
Lets try shorting this sh&t for a few hours
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POSTMASTER
  • #1,214,962
  • May 25, 2022 5:45pm May 25, 2022 5:45pm
Quoting JauntyLoon
I've been trying to trade on 30 mins timeframe and getting absolutely hammered. I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
I trade 1min. Have a go
POSTMASTER
  • #1,214,963
  • May 25, 2022 5:50pm May 25, 2022 5:50pm
Quoting JauntyLoon
I've been trying to trade on 30 mins timeframe and getting absolutely hammered. I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
people leave, but this thread will go on for ever
  • #1,214,964
  • May 25, 2022 6:15pm May 25, 2022 6:15pm
Quoting Robinhood1
Lets try shorting this sh&t for a few hours {image}
Do you realize that shorting M5 is entering the RETRACEMENTS of higher TFs??
To free Gazans of Hamas, use whatever it takes.
  • #1,214,965
  • May 25, 2022 6:36pm May 25, 2022 6:36pm
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  • #1,214,966
  • May 25, 2022 6:38pm May 25, 2022 6:38pm
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  • #1,214,967
  • May 25, 2022 10:56pm May 25, 2022 10:56pm
From the chart, its hard to read. The below I will enter

BEAR from price 1.06867 tp 1.06606
BULL from price 1.07162 ta 1.07242

Wish me luck
  • #1,214,968
  • May 26, 2022 12:04am May 26, 2022 12:04am
Quoting LearnThink
eurusd。30min。反弹{image}
Eurusd。30min。end up
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  • #1,214,969
  • May 26, 2022 12:18am May 26, 2022 12:18am
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  • #1,214,970
  • May 26, 2022 12:20am May 26, 2022 12:20am
Quoting PatienceFx
{image}
each fractal point makes a level, so i know where supports are
  • #1,214,971
  • May 26, 2022 12:22am May 26, 2022 12:22am
Quoting PatienceFx
{quote} each fractal point makes a level, so i know where supports are
rest is done by MTF 200 ema so i know how strong that support is
  • #1,214,972
  • May 26, 2022 12:34am May 26, 2022 12:34am
Eurusd.30 min. Down.
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  • #1,214,973
  • May 26, 2022 1:11am May 26, 2022 1:11am
FOMC showed what I was expected to see, EU ranged about 30 pips and now it retracing, looking at yesterday low (0642). Below the last and if, it breaks 0607 is the next support, but will it reach that far today? That is what I have to find out! Probable a ranging day!

Above the daily highs at 0706 a break targets yesterdays high - 0739.

1H with 50-100-200 MA's

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Looking for profitable short term trades ...|
  • #1,214,974
  • Edited 9:42am May 26, 2022 1:25am | Edited 9:42am
Quoting afsoungar
{quote} if you see another channel on daily or 4h time frame, you can see that price is next target on bottom of channel if the h4 trend line support fail
Simple that can't happen so easy, it needs something more.

The trend is looking at the upper of the channel.

Now the current trend on 4H and Daily, is in a ranging mode which means, for the trend to reverse and trend lower around, or below 0349/39 it needs to take out at least the lower level at 0459 (see lower arrow on chart).

Again none knows what is about to happen next. So it is good to take forex trading step by step - level by level.
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Looking for profitable short term trades ...|
  • #1,214,975
  • May 26, 2022 2:15am May 26, 2022 2:15am
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2 short positions with SL as shown . . . Patience....

  • #1,214,976
  • May 26, 2022 6:05am May 26, 2022 6:05am
Price came back to my entry this week. Today I see move to 0760 and drop into the weekend dip. I've found out you can make money a lot faster with the bills and exchange act and promissory notes lol.
Founder of Sutherland Wave Principle
  • #1,214,977
  • May 26, 2022 6:20am May 26, 2022 6:20am
It appears we have a mild bullish activity today.
Risk Management is of utmost importance!
  • #1,214,978
  • May 26, 2022 6:36am May 26, 2022 6:36am
Exited my shorts at 7.04 [ my SL ...] Watching now with no bias

  • #1,214,979
  • May 26, 2022 6:49am May 26, 2022 6:49am
0613* is the start of a price gap that is filling in right now. Then should see it extend up to test the upper level of recent price range around 0760/0790 is the next sell level I'm looking at.

Got to drop to 0613 then extend up.
Founder of Sutherland Wave Principle
  • #1,214,980
  • Edited 8:27am May 26, 2022 7:52am | Edited 8:27am
Had to borrow F.G's picture for this. I think we're seeing an ending diagonal, reverse symmetrical triangle formation playing out.
I have a buy stop around 0722 in case the top breaks out. Couple of bars missing from plan B picture, position C's top is around 0722. I'm still in the sell position until 0613 or 0722.
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Founder of Sutherland Wave Principle
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