7 minutes until data... and press conference afterwards... Well.. I am thinking that we will watch a roundabout tour up to 1.0153/90 area and then back down to today's lows... Let's see..{image}
...because you never know - until you do!
- #152,861
- Jul 27, 2022 12:56pm Jul 27, 2022 12:56pm
- Joined Jul 2007 | Status: Trader | 3,577 Posts
- #152,862
- Jul 27, 2022 1:09pm Jul 27, 2022 1:09pm
3 minutes until data... and press conference afterwards... Well.. I am thinking that we will watch a roundabout tour up to 1.0153/90 area and then back down to today's lows... (to complete inverted right shoulder and stop out lows of B before shooting up! Ehhmmm... For this last part: maybe no shoot up.. Not sure about it..) Let's see..
I like your round-trip Ata. but we need to be careful in Fed conference time in 22 minute as Fed most of the time say some negative about USD while talking rate hike but this time before the conference, it increased up to 1.0147 so after the conference, we need to keep the finger crossed for downward direction...
- #152,863
- Jul 27, 2022 1:12pm Jul 27, 2022 1:12pm
- Joined Jul 2007 | Status: Trader | 3,577 Posts
{quote} I like your round-trip Ata. but we need to be careful in Fed conference time in 22 minute as Fed most of the time say some negative about USD while talking rate hike but this time before the conference, it increased up to 1.0147 so after the conference, we need to keep the finger crossed for downward direction...
...because you never know - until you do!
- #152,864
- Jul 27, 2022 1:14pm Jul 27, 2022 1:14pm
- Joined May 2014 | Status: Full Time Trader | 27,118 Posts | Online Now
{quote} I like your round-trip Ata. but we need to be careful in Fed conference time in 22 minute as Fed most of the time say some negative about USD while talking rate hike but this time before the conference, it increased up to 1.0147 so after the conference, we need to keep the finger crossed for downward direction...
BUT please note that my round trip idea is limited with 1.0108 area since it is the edge of my ellipse. I expect a decision to be made there if wave B completes or not! So if we see a rise and then a drop, those lows could provide buy opportunities---> triple bottom.. or inverted head and shoulders.. you name it!
Focus only on what truly matters!
- #152,866
- Jul 27, 2022 1:25pm Jul 27, 2022 1:25pm
- Joined May 2014 | Status: Full Time Trader | 27,118 Posts | Online Now
Waiting for Paw! 
Focus only on what truly matters!
- #152,869
- Jul 27, 2022 1:42pm Jul 27, 2022 1:42pm
- Joined Jun 2018 | Status: Trader | 3,083 Posts
{image}
- #152,870
- Jul 27, 2022 1:44pm Jul 27, 2022 1:44pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #152,874
- Jul 27, 2022 2:03pm Jul 27, 2022 2:03pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #152,875
- Edited 2:34pm Jul 27, 2022 2:11pm | Edited 2:34pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #152,877
- Jul 27, 2022 2:14pm Jul 27, 2022 2:14pm
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Full buy now to recover all positions
closing all now
People don't plan to lose. They lose because they don't plan.
- #152,878
- Jul 27, 2022 2:18pm Jul 27, 2022 2:18pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #152,879
- Edited 2:42pm Jul 27, 2022 2:29pm | Edited 2:42pm
- | Joined Feb 2022 | Status: Trader | 515 Posts
Initial graph with Alert on High Oblique {image} To show the height (width) of the CCurv / Curvilinear Chanel.. Always 6 subdivisions (ribbons) {image}
Full height of the CCurv 6 Ribbons or not.
Only One incomplete = of 5 Ribbons / (or bands?
I don't know what is the best designation.
(1) complete Chanel
(2) incomplete
(3). No
----/ moove on complete Chanel
- #152,880
- Edited 2:54pm Jul 27, 2022 2:29pm | Edited 2:54pm
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Risk comes from not knowing what to do