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EURUSD only

  • #153,321
  • Aug 2, 2022 11:02am Aug 2, 2022 11:02am
Took about 7 pips on 200
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Be hopeful in a winning position, and fearful in a losing position.
  • #153,322
  • Aug 2, 2022 11:11am Aug 2, 2022 11:11am
Quoting ScalaFX
{quote} Taking half from all positions and seting BE, target the same 0120
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"No pain no gain"
  • #153,323
  • Edited 11:49am Aug 2, 2022 11:37am | Edited 11:49am
Quoting fontu
{quote} May be missing something important! Anway usually trade decision taking from h4 tf, pullback lecels go to 0200, 0180 while hr close related correction at 0176, low may 0145, ef extension may low 0145 4rth to up try. Now waiting for short tp 0200 and 0180. To see what next {image}
Perfect, may try close h4 at 0176 to try next bounce and may low to 0145, if not today may nextday likely below 0145 to try if next try bull , do or die! !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #153,324
  • Aug 2, 2022 11:38am Aug 2, 2022 11:38am
Took 9 pips on 100
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Be hopeful in a winning position, and fearful in a losing position.
  • #153,325
  • Aug 2, 2022 11:45am Aug 2, 2022 11:45am
Done for the day. 15 day winning streak!
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Be hopeful in a winning position, and fearful in a losing position.
  • #153,326
  • Aug 2, 2022 12:05pm Aug 2, 2022 12:05pm
Quoting Rag2RichesFX
Done for the day. 15 day winning streak! {image}
May the pips be with you
Risk comes from not knowing what to do
  • #153,327
  • Edited 1:05pm Aug 2, 2022 12:48pm | Edited 1:05pm
Hi Ata, I guess we will get our downturn... but not exactly in the way we assumed. As always, the market will fool us in some way or another. Against our expectation he continued yesterday touching the upper line of my trumpet but now its on the expected downturn. I am really surprised by the momentum, so that points to that the move down will continue the next days.

Got in @ 1.0277 and enjoying the ride so far
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  • #153,328
  • Aug 2, 2022 1:08pm Aug 2, 2022 1:08pm
Quoting ScalaFX
{quote} Taking half from all positions and seting BE, target the same 0120
Closing all now 0168, beautifull start of new month
People don't plan to lose. They lose because they don't plan.
  • #153,329
  • Aug 2, 2022 1:51pm Aug 2, 2022 1:51pm
Quoting Erkat
{quote} With the ISM's relatively favorable announcement, we may now be at the point I've marked with the green arrow {image}
It seems that the point marked in the picture is completely fixed with today's movement ... If so, any rise will be a good opportunity to sell ⁦⁩⁦⁩
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Half of the time, the market is building resistance and support levels, and
  • #153,330
  • Aug 2, 2022 2:02pm Aug 2, 2022 2:02pm
I was waiting for daily candle to close, and to me, it is a bearish close... Starting from tomorrow's Frankfurt opening, I am planning to keep selling spikes and up-swings just like today...

Calling it a day for now... See you tomorrow after Frankfurt opening..
Focus only on what truly matters!
  • #153,331
  • Aug 2, 2022 2:06pm Aug 2, 2022 2:06pm
Quoting Austyno
If all goes well, we should have a bearish engulfing candle tomorrow on daily because the bull bear, bull bear pattern on daily has been broken. That would mean that the range has come to an end and we would be targeting the lows of last month's candle. Bears, get ready for reward
We got the bearish engulfing candle as expected and a full blown one at that, I believe the direction is very clear now . Notice the "M" pattern on 4hrs... First order of business will be to reach the lows of the left leg of the "M" formation. As I said earlier, it's time for reward for bears.
Risk comes from not knowing what to do
  • #153,332
  • Aug 2, 2022 2:20pm Aug 2, 2022 2:20pm
Quoting JBRolim
{quote} Thanks!
No problem. I suggest you Learn Elliot Waves. It will be hard in the beginning, but worth it. Take a look around. Most people complain of their stops being blown all the time. The only ones I have yet to see complain of this... are those who use Elliot waves. IMO this is because the trade is only entered after a few unbreakable conditions are set. And Even if you are wrong.. you can plan exits based on the wave rules.

This guy helped me alot.
https://www.youtube.com/channel/UCPp...hPbDZ6ERmVixvQ,
Don't compare your trades to others. Most often the masses are the asses
  • #153,333
  • Aug 2, 2022 2:37pm Aug 2, 2022 2:37pm
This downward wave that started today, if it is considered the 5th wave, due to the structural behavior of the 5th wave, it will provide us with many suitable opportunities to enter the transaction.(Of course, if this wave is a wave 5 and we are not in a corrective wave B)
Half of the time, the market is building resistance and support levels, and
  • #153,334
  • Aug 2, 2022 3:10pm Aug 2, 2022 3:10pm
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}
Interesting this tool, I will delve more into my studies with this.
Much appreciated for sharing.
Green pips to all of us.
"No pain no gain"
  • #153,335
  • Aug 2, 2022 3:12pm Aug 2, 2022 3:12pm
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  • #153,336
  • Aug 2, 2022 3:17pm Aug 2, 2022 3:17pm
Quoting Austyno
{quote} We got the bearish engulfing candle as expected and a full blown one at that, I believe the direction is very clear now . Notice the "M" pattern on 4hrs... First order of business will be to reach the lows of the left leg of the "M" formation. As I said earlier, it's time for reward for bears.
Yes, this takes the prior 3 candles so that is a strong signal.
As this Ata, I guess you have to review your intention to buy like hell @ 1.0070 level. This can even go back to parity and beyond.
  • #153,337
  • Aug 2, 2022 4:09pm Aug 2, 2022 4:09pm
Will be watching 1.0201 today for action
Emotional Control. Process, not outcome.
  • #153,338
  • Aug 2, 2022 4:26pm Aug 2, 2022 4:26pm
Quoting Konichiwhaat
Will be watching 1.0201 today for action
Sell from 1.0201? Or buy at the current price for 1.0201?
Half of the time, the market is building resistance and support levels, and
  • #153,339
  • Aug 2, 2022 4:32pm Aug 2, 2022 4:32pm
Quoting Erkat
{quote} Sell from 1.0201? Or buy at the current price for 1.0201?
I will be waiting to see if it re trances back there then look for selling opportunities
Emotional Control. Process, not outcome.
  • #153,340
  • Aug 2, 2022 4:40pm Aug 2, 2022 4:40pm
Quoting Konichiwhaat
{quote} I will be waiting to see if it re trances back there then look for selling opportunities
That is a good idea ⁦⁩
Half of the time, the market is building resistance and support levels, and
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