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Trading EURUSD only 43,756 replies

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  • #156,581
  • Sep 13, 2022 4:32am Sep 13, 2022 4:32am
Quoting Js3mwtRc
{quote} 1.0163 stoped the advance, because of bad news (ZEW on calendar). Now it need to take it out, or it may drop to the base again - 1.0120, but only 1.0105 risks a fall to 1.0091 as long as the price is capped by todays high. The target for the bulls should still be 1.0193 - Daily R1 level.
terrible report not very good for the Euro so longs be careful
  • #156,582
  • Sep 13, 2022 4:42am Sep 13, 2022 4:42am
Quoting investing101
{quote} terrible report not very good for the Euro so longs be careful
Indeed, I was surprised. The bears are waiting still higher.
Looking for profitable short term trades ...|
  • #156,583
  • Sep 13, 2022 4:43am Sep 13, 2022 4:43am
Quoting investing101
{quote} terrible report not very good for the Euro so longs be careful
Hi there,
this is true but not reflected in the market.
  • #156,585
  • Sep 13, 2022 4:56am Sep 13, 2022 4:56am
Potential BAT
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  • #156,586
  • Sep 13, 2022 5:06am Sep 13, 2022 5:06am
Quoting andvk74
Potential BAT {image}
Dear what is this pattern name ????
  • #156,587
  • Sep 13, 2022 5:10am Sep 13, 2022 5:10am
While waiting for US inflation numbers, I am also in standby mode to catch irregular movements in case numbers get leaked...

Based on M30, I have 1.0172 as crucial resistance!
Focus only on what truly matters!
  • #156,588
  • Sep 13, 2022 5:10am Sep 13, 2022 5:10am
Quoting Hamzalolo
{quote} Dear what is this pattern name ????
This is BAT pattern.
There're are MANY of them, but I just trade BAT, Gartley and Cypher
  • #156,589
  • Sep 13, 2022 5:16am Sep 13, 2022 5:16am
My notes
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  • #156,590
  • Sep 13, 2022 5:30am Sep 13, 2022 5:30am
I just searched Google and I found many info about bats!

https://www.google.com/search?q=bat+...hrome&ie=UTF-8
Looking for profitable short term trades ...|
  • #156,591
  • Sep 13, 2022 5:31am Sep 13, 2022 5:31am
Since yesterday, the question has been waiting for an answer When does the gap close??
when ??
  • #156,592
  • Sep 13, 2022 5:38am Sep 13, 2022 5:38am
Bat pattern may push the price outside the channel downside:
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If you do not know who you are, the Forex is the worst place to find you
  • #156,593
  • Sep 13, 2022 5:47am Sep 13, 2022 5:47am
Quoting Hamzalolo
Since yesterday, the question has been waiting for an answer When does the gap close?? when ??
No one knows when the gap will be filled, or whether it will ever get filled.
Plan your trades and trade your plan.
  • #156,594
  • Sep 13, 2022 5:48am Sep 13, 2022 5:48am
This could be brewing like August 9th and August 10th. observe
"No pain no gain"
  • #156,595
  • Sep 13, 2022 5:59am Sep 13, 2022 5:59am
Quoting Hamzalolo
Since yesterday, the question has been waiting for an answer When does the gap close?? when ??
The only answer I can think is, when all the buyers from 1.0047 take profit, or when the supply will exceed demand - more sellers than buyers join the trend (non retail, and retail some times).

Now it looks like, demand is leading the price to yesterdays high where bulls might want to cover their long positions below a higher low. Then, a key developement in price action should be a break of this level (decision point) that will be created before the fact* hypothetically in 15 minutes chart where I look -> fact* gap close.

It can also happen in a high timeframe like 4H, so the price may need more time to develop and create space for the seller to agree on a higher price so it can profit.

But the best answer here in your question is that, no one knows what will happen in the future, so the gap may never close.
Looking for profitable short term trades ...|
  • #156,596
  • Sep 13, 2022 6:12am Sep 13, 2022 6:12am
Good place to go short is 1.0235 - 1.0260. IMO l, the whole week is going to be the battle between 1.0170 - 1.0270.
  • #156,597
  • Sep 13, 2022 6:15am Sep 13, 2022 6:15am
Quoting Js3mwtRc
{quote} The only answer I can think is, when all the buyers from 1.0047 take profit, or when the supply will exceed demand - more sellers than buyers join the trend (non retail, and retail some times). Now it looks like, demand is leading the price to yesterdays high where bulls might want to cover their long positions below a higher low. Then, a key developement in price action should be a break of this level (decision point) that will be created before the fact* hypothetically in 15 minutes chart where I look -> fact* gap close. It can also happen...

Curx of the Explanation: "no one knows what will happen in the future"
So, just trust your strategy, experience, and guidance from the great analysts here.
Trade with Risk, Money, and Trade Management.

Best of luck to All.
  • #156,598
  • Sep 13, 2022 6:29am Sep 13, 2022 6:29am
Quoting sat1970
{quote} Curx of the Explanation: "no one knows what will happen in the future" So, just trust your strategy, experience, and guidance from the great analysts here. Trade with Risk, Money, and Trade Management. Best of luck to All.
Thanks!
Looking for profitable short term trades ...|
  • #156,599
  • Sep 13, 2022 6:41am Sep 13, 2022 6:41am
Quoting Js3mwtRc
I just searched Google and I found many info about bats! https://www.google.com/search?q=bat+...hrome&ie=UTF-8
I use the ratios that I back tested for several years.
  • #156,600
  • Sep 13, 2022 6:45am Sep 13, 2022 6:45am
Quoting Hamzalolo
Since yesterday, the question has been waiting for an answer When does the gap close?? when ??
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215 weeks stat.
Not all gaps are closed )
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