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  • #159,643
  • Oct 21, 2022 11:38am Oct 21, 2022 11:38am
Hi Ata, this wicked H4 indicated that trend might be changed to bullish though we're still waiting for daily close for determination. according to your analysis, if H4 close above 0.98035, What is the max target for this bullishness?

thank you..
  • #159,644
  • Oct 21, 2022 11:39am Oct 21, 2022 11:39am
Quoting Traderview
{quote} Added some more. looking to keep it over the weekend. lets see {image}
20mins for this 4hr to close. Although i was expecting the day to close below 0.9782, but at the moment i need a 4hr to close below 0.9830.

Lets see
  • #159,645
  • Oct 21, 2022 11:40am Oct 21, 2022 11:40am
Target achieved for those who said to me about 1h ago that it's a sell ...
Attached Image (click to enlarge)
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #159,646
  • Oct 21, 2022 11:41am Oct 21, 2022 11:41am
Quoting ForexGoose
{quote} my 0.985 target has already been reached today next, I expect a push towards 1.0 and bears will be eaten by the ducks
You will lose your feathers at 0.9950!

Well done by the way.
Looking for profitable short term trades ...|
  • #159,647
  • Oct 21, 2022 11:48am Oct 21, 2022 11:48am
Quoting Reda.el
Target achieved for those who said to me about 1h ago that it's a sell ... {image}
It was a sell buddy, news happened and you got lucky no need to gloat.
  • #159,648
  • Oct 21, 2022 11:53am Oct 21, 2022 11:53am
Quoting Mitiblotch
{quote} The good ol' vacuum effect. I shorted the spike too. Hardy any reason for such a spike, but forex is what it is: crazy! Shorting it till end of day.
My short roasted at 0.9840 by wicked bulls! I think the Japanese caused it with their funny short-lived interventions.
  • #159,649
  • Oct 21, 2022 11:53am Oct 21, 2022 11:53am
Quoting investing101
{quote} It was a sell buddy, news happened and you got lucky no need to gloat.
I did not gloat anyone, but I answered as a result of some who laughed at my analysis
REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #159,651
  • Oct 21, 2022 11:58am Oct 21, 2022 11:58am
Quoting Reda.el
Target achieved for those who said to me about 1h ago that it's a sell ... {image}
Quoting investing101
{quote} It was a sell buddy, news happened and you got lucky no need to gloat.
With all due respect, that is not fair to say investing101.

Many strategies indicated long potential. News and luck has nothing to do with many traders going long. Well done Reda.el !

It's ok to be proud ! There is a blurry line between gloating and being proud, so Please friends, let's give people the benefit of the doubt and keep this place peaceful and happy like me !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #159,652
  • Oct 21, 2022 12:04pm Oct 21, 2022 12:04pm
Quoting mtako
{quote}{quote}With all due respect, that is not fair to say investing101. Many strategies indicated long potential. News and luck has nothing to do with many traders going long. Well done Reda.el ! It's ok to be proud ! There is a blurry line between gloating and being proud, so Please friends, let's give people the benefit of the doubt and keep this place peaceful and happy like me !
Agree Man thanks let's keep it clean and happy
REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #159,653
  • Oct 21, 2022 12:14pm Oct 21, 2022 12:14pm
️ not yet for my . now, good weekend all
  • #159,654
  • Oct 21, 2022 12:24pm Oct 21, 2022 12:24pm
Quoting yvestrcz
{quote} Let's suppose BoJ can be satisfied with their intervention result so far. It was totally apparent the move was brutal. Nothing to do with "mighty bulls" or anything. I mean I don't think is to go on, but I would not expect a huge drop as BoJ will want to retain the gain that must have cost a fortune. (My apologies for BoJ, Ata, but the intervention had a massive impact on USDx, including EUR/USD).
Good point. Nonetheless, a herd of consistent winners will have the last word, intervention or not. So Im still heavily buying USD across the board till my charts tell me otherwise(that was not gloating, just a fact ).

For today, all I need is <9770
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #159,655
  • Oct 21, 2022 12:30pm Oct 21, 2022 12:30pm
Quoting ForexGoose
{quote} my 0.985 target has already been reached today next, I expect a push towards 1.0 and bears will be eaten by the ducks
Congrats and kudos buddy... You saw this coming when I couldn't...

Now, since H4 closed above 0.98035, we are on the same page for some time...

Best wishes
Focus only on what truly matters!
  • #159,656
  • Oct 21, 2022 12:30pm Oct 21, 2022 12:30pm
Quoting numbercutter
the rubber band broke but i can't say its a very convincing "end of the line" {image}
This is a great analysis, well done so far ⁦⁩⁦⁩ please update if possible.
Half of the time, the market is building resistance and support levels, and
  • #159,657
  • Oct 21, 2022 12:32pm Oct 21, 2022 12:32pm
No need for apologies @yvestrcz... I simply click dislike to hide posts like that for the sake of thread rules and to reduce noise, that's all...

Best wishes
Focus only on what truly matters!
  • #159,658
  • Oct 21, 2022 12:33pm Oct 21, 2022 12:33pm
Bulls got more gas in the tank to break or what? There is $ liquidity gaps for grabs up there
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  • #159,659
  • Oct 21, 2022 12:38pm Oct 21, 2022 12:38pm
Quoting hans91
Hi Ata, this wicked H4 indicated that trend might be changed to bullish though we're still waiting for daily close for determination. according to your analysis, if H4 close above 0.98035, What is the max target for this bullishness? thank you..
The H4 candle close above 0.98035 doesn't indicate reversal.. It just indicates that bulls have interfered and distorted my picture for some time over the larger bearish trend... Normally, I would temporarily switch to bullish and buy dips BUT since it is the end of the week, no need to bother...

I will re-calculate what could be next during weekend and Monday..

Just watch 0.9855 area for now.. That was my last support before the major drop came, so it might act as resistance now...

Best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 27 KB
Focus only on what truly matters!
  • #159,660
  • Oct 21, 2022 12:55pm Oct 21, 2022 12:55pm
Quoting investing101
{quote} It was a sell buddy, news happened and you got lucky no need to gloat.
Look more into these things you might call "luck" and "news" that come out and how price reacts around them. Also how price reacts around important swing lows and highs, where the liquidity pools reside above and below these levels - 99% of the time there is nothing "luck" based in the market... Learn how and why the market makers move the markets, and how all the sellers were the liquidity needed to pair the buys for price to push higher.
"The only true wisdom is in knowing you know nothing."
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