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  • Post #161,181
  • Quote
  • Nov 15, 2022 10:52am Nov 15, 2022 10:52am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,780 Posts
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  • Post #161,182
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  • Nov 15, 2022 10:55am Nov 15, 2022 10:55am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,780 Posts
Quoting nic9man
Disliked
{quote} 0.9 would be my preferred scenario, seeing a rising wedge signal, which is why I am still short.
Ignored
For shorts you need to see weekly closing below 1.0190.

Warning : This same spot could also act as strong support to 1.0638 which is the last zone of this Pullback. You can sell it here blindly.

Watch the PA's.
 
2
  • Post #161,183
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  • Nov 15, 2022 11:07am Nov 15, 2022 11:07am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Quoting Traderview
Disliked
{quote} For shorts you need to see weekly closing below 1.0190. Warning : This same spot could also act as strong support to 1.0638 which is the last zone of this Pullback. You can sell it here blindly. Watch the PA's.
Ignored
For me a daily close below 1.0370 would be required in the first place. But would be curious to hear why you would require a weekly below 1.01390? Many thanks!
Another day, another dollar.
 
 
  • Post #161,184
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  • Nov 15, 2022 11:13am Nov 15, 2022 11:13am
  •  LucaCi
  • | Joined Nov 2022 | Status: Junior Member | 1 Post
Hey guys im new at forex and in this forum what you think about this trade, ty
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  • Post #161,185
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  • Nov 15, 2022 11:18am Nov 15, 2022 11:18am
  •  Eren10
  • | Joined Aug 2010 | Status: Member | 636 Posts
1.0360 area is supportive for now, want to see a double bottom there
 
 
  • Post #161,186
  • Quote
  • Nov 15, 2022 11:18am Nov 15, 2022 11:18am
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,653 Posts
Quoting xperta
Disliked
{quote} Thanks for the wise advice! Will try to follow. Cheers!
Ignored
Sounds good. Also, I forgot the most important advice I can give you regarding it all :

Don't take anyone's word for anything. Sure, continue to follow the numerous lights that you come upon or that falls upon you. Be generous in your exploration and never fall into any traps of knowing something for certain, as you are learning and an open mind goes much further in these periods

But no matter the light or new info or perspective, just let your work, studies, observations, calculations, etc. do the work. The proof is in the pudding, as they say . Definition: The proof is in the pudding is an expression that means the value, quality, or truth of something must be judged based on direct experience with it—or on its results.

What you will discover, the fruit of your labor, will speak much much louder than words, and make your strategy/ies that much better. And will give the confidence to follow your plan 100%, which is a much more important skill than it seems as well.

Ok, enough of Mtako's 2 cents.

Take real goodcare mates ! Buy stop 0447 0487!
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If I don't mention SL and TP = longer-term setup possibly in the works!
 
2
  • Post #161,187
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  • Nov 15, 2022 11:21am Nov 15, 2022 11:21am
  •  investing101
  • Joined Oct 2009 | Status: Member | 889 Posts
We now know where are the good economic news is stemming from.
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  • Post #161,188
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  • Nov 15, 2022 11:26am Nov 15, 2022 11:26am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,485 Posts
just got time to check , no option than top ranging next most possible but bear not over yet , and great failure still possible as apparently escape now for this time only or just a glitch having light of hope ! or last time feel great to fall in deep . time will tell , just take care
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Not understand?never follow my analyses!
 
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  • Post #161,189
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  • Nov 15, 2022 12:01pm Nov 15, 2022 12:01pm
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,742 Posts
1.0272 - 1.0413 is the range, above and below targets are on the chart and easy to understand.

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See you tomorrow again!
Feels right this time!
 
 
  • Post #161,190
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  • Nov 15, 2022 12:04pm Nov 15, 2022 12:04pm
  •  fxcontest
  • | Joined Jul 2011 | Status: Member | 550 Posts
Quoting fxcontest
Disliked
{quote} TP 1.0335 - 1.0294 and Open
Ignored
Still Valid ?
 
 
  • Post #161,191
  • Quote
  • Edited 5:11pm Nov 15, 2022 12:07pm | Edited 5:11pm
  •  sulai45
  • | Joined Jul 2016 | Status: Member | 719 Posts
The bears could be trying on 5M, but it could* also be a support on 1H lol;
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  • Post #161,192
  • Quote
  • Nov 15, 2022 12:17pm Nov 15, 2022 12:17pm
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,412 Posts
Minimum target for this move down should be 100 pips lower from here at 1.0268. It doesn't mean it will end there but for now let's watch price action that should be slow and choppy towards the target.
Fibonacci will make you rich
 
 
  • Post #161,193
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  • Nov 15, 2022 12:18pm Nov 15, 2022 12:18pm
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Retail shorts decreased today from 67% to 60% already. One cent lower and retail goes net long.
Another day, another dollar.
 
 
  • Post #161,194
  • Quote
  • Nov 15, 2022 12:32pm Nov 15, 2022 12:32pm
  •  micah119
  • | Joined Dec 2011 | Status: Member | 59 Posts
Quoting micah119
Disliked
short 1.0470 TP 1.280 SL 1.550 see ya in a couple of days.
Ignored
I have no guts. Taking my 100 pips and running. See you tomorrow.
 
2
  • Post #161,195
  • Quote
  • Nov 15, 2022 12:46pm Nov 15, 2022 12:46pm
  •  xperta
  • | Joined May 2014 | Status: Member | 43 Posts
Quoting mtako
Disliked
{quote} Sounds good. Also, I forgot the most important advice I can give you regarding it all : Don't take anyone's word for anything. Sure, continue to follow the numerous lights that you come upon or that falls upon you. Be generous in your exploration and never fall into any traps of knowing something for certain, as you are learning and an open mind goes much further in these periods But no matter the light or new info or perspective, just let your work, studies, observations, calculations, etc. do the work. The proof is in the pudding, as they...
Ignored
Thanks for the kind words! Best wishes to you and everybody in this lovely community!
See you around!
 
3
  • Post #161,196
  • Quote
  • Nov 15, 2022 1:33pm Nov 15, 2022 1:33pm
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,412 Posts
Quoting pedro319
Disliked
Minimum target for this move down should be 100 pips lower from here at 1.0268. It doesn't mean it will end there but for now let's watch price action that should be slow and choppy towards the target.
Ignored
Change that to 1.02
Fibonacci will make you rich
 
 
  • Post #161,197
  • Quote
  • Nov 15, 2022 1:33pm Nov 15, 2022 1:33pm
  •  Pipjitsu
  • | Joined May 2008 | Status: Member | 142 Posts
Got in on time..
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Didn't have the courage to stick it out, as soon as I exited, whoosh, down we go
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  • Post #161,198
  • Quote
  • Nov 15, 2022 1:35pm Nov 15, 2022 1:35pm
  •  D7S
  • | Joined Nov 2022 | Status: Member | 49 Posts
At least two dead after stray Russian missiles land in NATO state Poland on Ukraine border.

Probable reason for the sudden steep drop
You yourself are your own obstacle, rise above yourself - Hafiz
 
1
  • Post #161,199
  • Quote
  • Nov 15, 2022 1:39pm Nov 15, 2022 1:39pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,291 Posts
Meanwhile, on M30...

After the expected rejection now bears are trying to breach yesterday's low: 1.0271 area! BUT often price can reverse back up just a few pips before reaching the previous low. Since the overall trend on H4 is still up, bulls must be lurking somewhere! Let's see...

I am marking 1.0370 area as nearest resistance and will keep updating with every new bearish candle...
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Be a seer, not a looker!
 
3
  • Post #161,200
  • Quote
  • Nov 15, 2022 1:41pm Nov 15, 2022 1:41pm
  •  Pipjitsu
  • | Joined May 2008 | Status: Member | 142 Posts
Quoting LucaCi
Disliked
Hey guys im new at forex and in this forum what you think about this trade, ty {image}
Ignored
The underlying price action is bearish right now, price is seeking lower prices for now. Study what price is reaching for, it will turn bullish again, but probably not for a day or so.

GOOD LUCK AND GOOD TRADING
 
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