Be hopeful in a winning position, and fearful in a losing position.
EURUSD only
- #152,521
- Jul 22, 2022 7:48am Jul 22, 2022 7:48am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
- #152,522
- Edited 8:14am Jul 22, 2022 8:04am | Edited 8:14am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Just popping by to wish you all a happy Friday! Hope you are well. While patiently waiting for some signs of getting out of ranging conditions, I've been taking care of my teeth and of summer a bit more.
Sideways take a toll on some strategy's gains and that is quite natural. And at the same time, it was an amazing week for sideways based strategies, so a big congratulations to all of us patient ones and also to those of us with strategy's better adapted to or for these conditions!
This could be it ! For the first time in the last 3+days, I see a resistance that, if holds, has the power to break this sideways spell.
BUT it still means too little in this ranging heaven. Naturally, under these hunky donkey conditions, Bulls take control from the bottoms like bears take control from the tops, and bulls still have control from 0150s this time(in my book). So I must wait for, at the very least, a 30min low to get broken, before finally adding more shorts to my gazelle-ion shorts, and that would mean already a sellstop at 01767
Sideways take a toll on some strategy's gains and that is quite natural. And at the same time, it was an amazing week for sideways based strategies, so a big congratulations to all of us patient ones and also to those of us with strategy's better adapted to or for these conditions!
Quick M30 levels.... 1.0195----1.0208 area is key resistance.. {image}
BUT it still means too little in this ranging heaven. Naturally, under these hunky donkey conditions, Bulls take control from the bottoms like bears take control from the tops, and bulls still have control from 0150s this time(in my book). So I must wait for, at the very least, a 30min low to get broken, before finally adding more shorts to my gazelle-ion shorts, and that would mean already a sellstop at 01767
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #152,523
- Jul 22, 2022 8:32am Jul 22, 2022 8:32am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} I didn't see the H1 the first time I read this and this is what came to mind...{image}
Genius 
! Sorry Ata, just had to repost, havent seen a good onen like that in a while!!!! Bloody fools 
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #152,524
- Jul 22, 2022 8:49am Jul 22, 2022 8:49am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
1.0229 is golden area for bears! Don't miss it.. 
Focus only on what truly matters!
- #152,525
- Jul 22, 2022 8:55am Jul 22, 2022 8:55am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Partial profit taking 0181 rest free ride
People don't plan to lose. They lose because they don't plan.
- #152,528
- Edited 9:35am Jul 22, 2022 9:21am | Edited 9:35am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #152,529
- Jul 22, 2022 9:21am Jul 22, 2022 9:21am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
{quote} Finally, buy limit activated. Target is 1.02529
.+110 pips booked. Have a nice weekend
Risk comes from not knowing what to do
- #152,530
- Jul 22, 2022 9:23am Jul 22, 2022 9:23am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #152,531
- Jul 22, 2022 9:26am Jul 22, 2022 9:26am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Is it necessary to mention that the said resistance didn't hold , so back to ranging mentality already ! Hence my patiently waiting for a 30min low to break, no matter the level, so now sell stop moved up to .02222
, so back to ranging mentality already ! Hence my patiently waiting for a 30min low to break, no matter the level, so now sell stop moved up to .02222...This could be it ! For the first time in the last 3+days, I see a resistance that, if holds, has the power to break this sideways spell.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #152,532
- Jul 22, 2022 9:27am Jul 22, 2022 9:27am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Tp smashed
People don't plan to lose. They lose because they don't plan.
- #152,535
- Jul 22, 2022 9:33am Jul 22, 2022 9:33am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #152,536
- Jul 22, 2022 9:37am Jul 22, 2022 9:37am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
Focus only on what truly matters!
- #152,537
- Jul 22, 2022 9:43am Jul 22, 2022 9:43am
- Joined May 2014 | Status: Full Time Trader | 27,130 Posts
{quote} Bulls or bears can't understand that
Focus only on what truly matters!
- #152,538
- Jul 22, 2022 9:48am Jul 22, 2022 9:48am
- Joined Sep 2017 | Status: Trader | 11,248 Posts | Online Now
Had a pretty crappy week TBH. However, I'm able to at least end on a positive note. Lesson of the week is trust my technicals! I was Bullish technically for the week, but looked at fundamentals at went off course 
I will learn from this and continue on the path to consistency. Happy with morning short & catching long on way back up. Done for the week and time to journal. Both squeaky clean trades.
Market executions on 1 minute TF @ HT POI's. Little to no drawdown; straight into profit. I need more of these
I will learn from this and continue on the path to consistency. Happy with morning short & catching long on way back up. Done for the week and time to journal. Both squeaky clean trades.
Market executions on 1 minute TF @ HT POI's. Little to no drawdown; straight into profit. I need more of these
- #152,540
- Edited 10:24am Jul 22, 2022 9:51am | Edited 10:24am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++