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EURUSD only

  • #153,301
  • Aug 2, 2022 9:29am Aug 2, 2022 9:29am
Meanwhile, on H4...

Here we see a softly rising wedge... 1.0163/80 area is the potential bottleneck I was talking about based on H1... Without a proper breakout bears can not continue..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 17 KB
Focus only on what truly matters!
  • #153,302
  • Aug 2, 2022 9:31am Aug 2, 2022 9:31am
Newcomers must visit page 1 and read our rules before posting correlation ideas... Only Dollar Index correlations are allowed!

Thanks for your cooperation
Focus only on what truly matters!
  • #153,303
  • Aug 2, 2022 9:36am Aug 2, 2022 9:36am
Quoting Thosy
{quote} News will take affect after stop hunts of the breakout traders.
IMO the ALGO doesn't care about the news!!!
  • #153,304
  • Aug 2, 2022 9:41am Aug 2, 2022 9:41am
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  • #153,305
  • Aug 2, 2022 10:03am Aug 2, 2022 10:03am
Oh after a slight rise EURUSD, falls down again. And for my analysis I don't see any news affected on this movement and making reversal.
  • #153,306
  • Aug 2, 2022 10:37am Aug 2, 2022 10:37am
Taking 13 pips. Only trade today, came in very late.

Winning streak continues at 15 days in a row.
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Click to Enlarge Name: screenshot.png Size: 8 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #153,307
  • Aug 2, 2022 10:43am Aug 2, 2022 10:43am
Quoting andvk74
{image}
Looking for profitable short term trades ...|
  • #153,308
  • Aug 2, 2022 10:51am Aug 2, 2022 10:51am
We may see this range again and again, so watch out your risk.

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Click to Enlarge Name: screenshot.png Size: 23 KB
Looking for profitable short term trades ...|
  • #153,309
  • Aug 2, 2022 11:11am Aug 2, 2022 11:11am
Im not scared of the bad market today, Any where she turn to I turn and follow her
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  • #153,310
  • Aug 2, 2022 11:19am Aug 2, 2022 11:19am
Took 11 pips.
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Click to Enlarge Name: screenshot.png Size: 9 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #153,311
  • Aug 2, 2022 11:23am Aug 2, 2022 11:23am
target will hit or I stop manually, will go home with something
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  • #153,312
  • Aug 2, 2022 11:49am Aug 2, 2022 11:49am
Quoting AndAnd
Oh after a slight rise EURUSD, falls down again. And for my analysis I don't see any news affected on this movement and making reversal.
Tension between US and China over Nancy Pelosi visit scheduled for today in TAIWAN.
"No pain no gain"
  • #153,313
  • Aug 2, 2022 11:54am Aug 2, 2022 11:54am
Quoting Ata-Turkoglu
Meanwhile, on H4... Here we see a softly rising wedge... 1.0163/80 area is the potential bottleneck I was talking about based on H1... Without a proper breakout bears can not continue.. {image}
Do you think we could have a bearish candle tomorrow as well?
Risk Management is of utmost importance!
  • #153,314
  • Aug 2, 2022 11:59am Aug 2, 2022 11:59am
Quoting RCtrader
{quote} Do you think we could have a bearish candle tomorrow as well?
If today's candle closes below 1.0181 yes definitely... Otherwise, the wedge that daily candles are flowing in will probably continue to rise...
Attached Image (click to enlarge)
Click to Enlarge Name: wedge-daily.PNG Size: 2 KB
Focus only on what truly matters!
  • #153,315
  • Aug 2, 2022 12:00pm Aug 2, 2022 12:00pm
Quoting JBRolim
For the strategy that Ata referred to (A) (B) (C) here is my view. The price has to stay below 1.02600 so I expect 1.00800 / 1.00750 entry to buy. Tp 1.03800 (100% Fibo retracement). {image}

Wait.... are you using Renko bars with Elliot wave principals?????
Don't compare your trades to others. Most often the masses are the asses
  • #153,316
  • Aug 2, 2022 12:04pm Aug 2, 2022 12:04pm
Quoting ScalaFX
{quote} My SL is to tight, we can see one more stop hunt before drop, making 0310 l, added positions 0250, 0265, target the same
Taking half from all positions and seting BE, target the same 0120
People don't plan to lose. They lose because they don't plan.
  • #153,317
  • Aug 2, 2022 12:31pm Aug 2, 2022 12:31pm
Quoting OBsayMkMoney
{quote} Wait.... are you using Renko bars with Elliot wave principals?????
Hello Brother,
Use Renko due to the view I'm used to.
I watch the market movements day after day and calculate with Fibo retracement to find A, B, C as Ata posted his charts here.
This is for both larger and smaller graphics. I'm in classes here, always looking to learn strategic points with others.
"No pain no gain"
  • #153,318
  • Aug 2, 2022 12:45pm Aug 2, 2022 12:45pm
Quoting JBRolim
{quote} Hello Brother, Use Renko due to the view I'm used to. I watch the market movements day after day and calculate with Fibo retracement to find A, B, C as Ata posted his charts here. This is for both larger and smaller graphics. I'm in classes here, always looking to learn strategic points with others.

Ahhhh I understand Brother,. I started with Renko as well. Quickly got out of it though. If you are using ABC you don't really need it IMO. Here.. try this Elliot wave Indi. It has an ABC function.
Attached File(s)
File Type: ex4 EW_ABCD_PRO_fix.ex4   2.9 MB | 317 downloads
Don't compare your trades to others. Most often the masses are the asses
  • #153,319
  • Aug 2, 2022 12:45pm Aug 2, 2022 12:45pm
Quoting Ata-Turkoglu
{quote} If today's candle closes below 1.0181 yes definitely... Otherwise, the wedge that daily candles are flowing in will probably continue to rise... {image}
Judging by the projection from breaking through the wedge, the target is in the region of 1.5...
  • #153,320
  • Aug 2, 2022 12:52pm Aug 2, 2022 12:52pm
Quoting OBsayMkMoney
{quote} Ahhhh I understand Brother,. I started with Renko as well. Quickly got out of it though. If you are using ABC you don't really need it IMO. Here.. try this Elliot wave Indi. It has an ABC function. {file}
Thanks!
"No pain no gain"
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