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EURUSD only

  • #152,261
  • Jul 20, 2022 1:20am Jul 20, 2022 1:20am
Quoting ScalaFX
{quote} Im long now 0225 target above 0300 will add more if drop
Adding 0227, pendings 0220, 0215, 0210
People don't plan to lose. They lose because they don't plan.
  • #152,262
  • Jul 20, 2022 1:27am Jul 20, 2022 1:27am
my trading plan
Attached Image (click to enlarge)
Click to Enlarge Name: resim_2022-07-20_112712007.png Size: 53 KB
Swing Trader
  • #152,263
  • Jul 20, 2022 1:27am Jul 20, 2022 1:27am
Will 1.0201 hold today...
Emotional Control. Process, not outcome.
  • #152,264
  • Jul 20, 2022 1:49am Jul 20, 2022 1:49am
Quoting Konichiwhaat
Will 1.0201 hold today...
Hopefully it won't because my TP is below it.
  • #152,265
  • Jul 20, 2022 1:49am Jul 20, 2022 1:49am
Quoting ScalaFX
{quote} Adding 0227, pendings 0220, 0215, 0210
Scala you have a big account size, please put some pendings at 1.0180 because that's where my TP is. I don't like trading against you.
  • #152,266
  • Jul 20, 2022 1:53am Jul 20, 2022 1:53am
Quoting Mitiblotch
{quote} Scala you have a big account size, please put some pendings at 1.0180 because that's where my TP is. I don't like trading against you.
ok I will do that but I dont think we go under 0200, 0300 and 0400 full liquidity there, lets see..
People don't plan to lose. They lose because they don't plan.
  • #152,267
  • Jul 20, 2022 2:01am Jul 20, 2022 2:01am
Quoting Mitiblotch
{quote} Hopefully it won't because my TP is below it.
Ah I see. Hope you catch your TP man. Probably a key area for fireworks
Emotional Control. Process, not outcome.
  • #152,268
  • Jul 20, 2022 2:05am Jul 20, 2022 2:05am
Might not have a movement either direction until Frankfurt closes.
  • #152,269
  • Jul 20, 2022 2:09am Jul 20, 2022 2:09am
Quoting ScalaFX
{quote} ok I will do that but I dont think we go under 0200, 0300 and 0400 full liquidity there, lets see..
Those are for tomorrow, I believe . 1.0270 will keep rejecting bulls till tomorrow. We pray Lagarde does well and it will fly, but today Wednesday I hope it goes down. Tomorrow I expect rates to be (maybe) remain the same and then price dumps and Lagarde opens her mouth to say rate rise bla bla bla and price will jump like a lunatic.
  • #152,270
  • Jul 20, 2022 2:13am Jul 20, 2022 2:13am
Meanwhile, on H4...

  1. All the smart money and retail stops are probably gathered somewhere between 1.0215 and 1.0175... That's why robber banks will probably create a fake drop before price bounces up from channel's bottom edge...
  2. However, if channel bottom edge breaks that would be a whole other story and I stay away from that idea for now since picture is still bullish!
  3. Therefore: Let's focus on 1.0216 area and trade according to reaction, which could come after 4 to 8 hours...
  4. Patience and timing is key!

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 16 KB
Focus only on what truly matters!
  • #152,271
  • Jul 20, 2022 2:30am Jul 20, 2022 2:30am
Quoting Js3mwtRc
{quote} Six hours, still in the same spot! 15 min. doesn't look well, but in 1H 1.0221 is holding well the trend up until now. We are in a good place for shorts, but we should see a close below 1.0202 in daily basis. The target could be 1.0150/1.0120 and 1.0100. Above 1.0277 resistance we should see 1.0300/1.0325/1.0367. Green pips!

1.0221 is holding well yet bulls did something here from the 1.0274 fall today, but they will need more. I don't like the way EU failed before it missed 1.0277 resistance, this is a bearish signal and may wait for a strong new to get rid off it.

A break below 1.0220 low today could give the bear more time until tomorrow ECB's decision - targets are at 1.0150/1.0120 and 1.0100, but watch at 1.0202!
Looking for profitable short term trades ...|
  • #152,272
  • Jul 20, 2022 2:40am Jul 20, 2022 2:40am
Meanwhile, on M30...

  1. If we look at this in correlation with H4.. here we can see that price can not rise back above 1.0253 area and therefore robber banks could soon put a play of stop hunting..
  2. Again: Most stops are probably positioned wisely below supportive areas (red dots) and the hunting process could first and foremost target 1.0210 area and maybe a little lower... That's why I mentioned 1.0175 on my H4 analysis!
  3. The hunting should happen fast, because it should create only a pierce-through but not a candle close below the lowest supportive level. That's exactly what we must watch: If we see any M30 candle close below 1.0210, then I would delay buying dips... In such case, only after M30 candles open back above 1.0210 it would make sense to continue buying dips!
  4. On a side note: please notice the 2 heads sticking out from left-shoulder zone.. That could also signal a double top and the possibility that price could reverse completely. Beware!

I hope it helps

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 16 KB
Focus only on what truly matters!
  • #152,273
  • Jul 20, 2022 2:42am Jul 20, 2022 2:42am
Quoting Ata-Turkoglu
Meanwhile, on H4... All the smart money and retail stops are probably gathered somewhere between 1.0215 and 1.0175... That's why robber banks will probably create a fake drop before price bounces up from channel's bottom edge... However, if channel bottom edge breaks that would be a whole other story and I stay away from that idea for now since picture is still bullish! Therefore: Let's focus on 1.0216 area and trade according to reaction, which could come after 4 to 8 hours... Patience and timing is key! {image}
a clear
  • #152,274
  • Jul 20, 2022 2:49am Jul 20, 2022 2:49am
Quoting Ata-Turkoglu
Meanwhile, on M30... If we look at this in correlation with H4.. here we can see that price can not rise back above 1.0253 area and therefore robber banks could soon put a play of stop hunting.. Again: Most stops are probably positioned wisely below supportive areas (red dots) and the hunting process could first and foremost target 1.0210 area and maybe a little lower... That's why I mentioned 1.0175 on my H4 analysis! The hunting should happen fast, because it should create only a pierce-through but not a candle close below the lowest supportive...
Probably above these dots are hard earned money!
Looking for profitable short term trades ...|
  • #152,275
  • Jul 20, 2022 3:13am Jul 20, 2022 3:13am
With a quick recheck on my H1 ellipse-umbrella chart, you can see how bullish the picture still is...

  1. Nearest support for the next 2 hours: 1.0234 and nearest resistance: 1.0262

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Ellipse.png Size: 16 KB
Focus only on what truly matters!
  • #152,276
  • Jul 20, 2022 3:32am Jul 20, 2022 3:32am
Hmmm.. I am noticing some action.. Let the hunger games begin..
Focus only on what truly matters!
  • #152,277
  • Jul 20, 2022 3:33am Jul 20, 2022 3:33am
Quoting mustafayucel
my trading plan {image}
I think the probability of it happening is very high.
Attached Image (click to enlarge)
Click to Enlarge Name: resim_2022-07-20_133304987.png Size: 40 KB
Swing Trader
  • #152,278
  • Jul 20, 2022 3:36am Jul 20, 2022 3:36am
Quoting mustafayucel
{quote} I think the probability of it happening is very high. {image}
Yes, but again: only after 1.0210/1.0175 area clearly breaks... Best wishes
Focus only on what truly matters!
  • #152,279
  • Jul 20, 2022 3:38am Jul 20, 2022 3:38am
Quoting Konichiwhaat
Will 1.0201 hold today...
Happening as we speak! Hehe..
  • #152,280
  • Jul 20, 2022 3:39am Jul 20, 2022 3:39am
Quoting ScalaFX
{quote} Adding 0227, pendings 0220, 0215, 0210
All active, added 0200
People don't plan to lose. They lose because they don't plan.
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