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EURUSD only

  • #161,961
  • Nov 29, 2022 2:11am Nov 29, 2022 2:11am
and short euro, messing about
MTF PA with indicators = a winning team
  • #161,962
  • Nov 29, 2022 2:16am Nov 29, 2022 2:16am
Quoting Js3mwtRc
{quote} There is a bearish close but EU just went up to collect more orders, also the drop was enough for the lazy bears so they went to sleep but they may woke up if they hear about more bearish news for the EU
I have got mixed signals still. So yea stayed sidelined for now. Last spike up has stopped out my short trade. Damn
Patience, Emotion Control and Discipline.
  • #161,963
  • Nov 29, 2022 2:19am Nov 29, 2022 2:19am
Quoting hans91
{quote} impossible i think bro as yesterday close is bearish pin bar, we have 2 bearish pin bar now so big drops is inevitable incoming days.
I only know there is no such thing as impossible as far as forex trading and price action goes. :-)
Good luck and have a great trading day!
  • #161,964
  • Nov 29, 2022 2:21am Nov 29, 2022 2:21am
I think after yesterday's big move today will be a day of consolidation
  • #161,965
  • Nov 29, 2022 2:28am Nov 29, 2022 2:28am
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  • #161,966
  • Nov 29, 2022 2:28am Nov 29, 2022 2:28am
1.0382 is clear short term resistance

Bulls need to close above that level to go further.

on downside the fall is limited to yesterday low of 1.0330

tomorrow will be crucial day to break either side of the levels.
PaRaM
  • #161,967
  • Nov 29, 2022 2:32am Nov 29, 2022 2:32am
Quoting yvestrcz
{quote} I do expect to see it go up to 1.05x from now on. This yesterday's PA (up and down steep) is also know as fuc*ery. But whatever. Let;s see what today brings.
The target you want is in the my program, of course, after the price reaches the range of 1.0111⁦⁩⁦⁩
Half of the time, the market is building resistance and support levels, and
  • #161,968
  • Nov 29, 2022 2:40am Nov 29, 2022 2:40am
While trying to buy 1.0365 on M30, the M1 chart helped me to get in long at 1.0356... Now closing here at 1.0380.. a good start into my day..

I keep buying dips..
Focus only on what truly matters!
  • #161,969
  • Nov 29, 2022 2:45am Nov 29, 2022 2:45am
and long since a while here
MTF PA with indicators = a winning team
  • #161,970
  • Nov 29, 2022 2:47am Nov 29, 2022 2:47am
Now we have a pin bar on the daily clearly indicating further downside, that was grabbing of the stops and back to support.
1.0330 is also 61.8 retracement on the 4H chart. Move further below will help that bearish view. On the upside I would consider selling at 1.0434-58. Target stands at 1.0262. Breaking above is not an option for shorts.
If you still have longs and want to close for profit that area is ok.
We watch the charts from every angle so you don't have to!!
  • #161,971
  • Nov 29, 2022 2:50am Nov 29, 2022 2:50am
Quoting notyetthere
and long since a while here
Yes that's good, but if you could post with charts and visuals instead of one-liner sentences our valuable members here could begin to notice you.. Words don't do much in trading forums! Get used to provide helpful charts! Just advice though

Best wishes
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Focus only on what truly matters!
  • #161,972
  • Nov 29, 2022 2:53am Nov 29, 2022 2:53am
Greetings to all.

I see two scenarios in this new cycle short term (now to January): Shoot up to 1.06+ and retrace to 1.03 then 1.07+ OR retrace to 1.02 or even 1.01 and shoot up to 1.07+
  • #161,973
  • Nov 29, 2022 3:00am Nov 29, 2022 3:00am
Based on D1, my view remains the same: Whatever you think might happen will happen inside the yellow circle!

If it shoots up as some suggest, imho it can only go back to 1.0491 area!

If it breaks below 1.0335, mamma mia... then we can begin talking!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D1.png Size: 26 KB
Focus only on what truly matters!
  • #161,974
  • Nov 29, 2022 3:07am Nov 29, 2022 3:07am
Meanwhile, on M30...

Not much has changed so far... 1.0365 is still my nearest support and potential bounce level...

Just know that 1.0386 area needs to be cracked for bullish continuation...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 21 KB
Focus only on what truly matters!
  • #161,975
  • Nov 29, 2022 3:09am Nov 29, 2022 3:09am
Quoting Ata-Turkoglu
Based on D1, my view remains the same: Whatever you think might happen will happen inside the yellow circle! If it shoots up as some suggest, imho it can only go back to 1.0491 area! If it breaks below 1.0335, mamma mia... then we can begin talking! {image}
Preparing for both scenarios, for now price is gently ranging !
Attached Image (click to enlarge)
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Didn't lose any pips, but didn't gain any either!
  • #161,976
  • Nov 29, 2022 3:15am Nov 29, 2022 3:15am
Quoting johncen
{quote} I have got mixed signals still. So yea stayed sidelined for now. Last spike up has stopped out my short trade. Damn
I see no good news but only choppy price action for EU. Its good that you keep small stops on your trades
Looking for profitable short term trades ...|
  • #161,977
  • Nov 29, 2022 3:19am Nov 29, 2022 3:19am
Quoting Ata-Turkoglu
Based on D1, my view remains the same: Whatever you think might happen will happen inside the yellow circle! If it shoots up as some suggest, imho it can only go back to 1.0491 area! If it breaks below 1.0335, mamma mia... then we can begin talking! {image}
Let's talk bearish
Another day, another dollar.
  • #161,978
  • Nov 29, 2022 3:22am Nov 29, 2022 3:22am
Quoting Js3mwtRc
{quote} I see no good news but only choppy price action for EU. Its good that you keep small stops on your trades
Have had big accident in the past with no sl, even small position hurts. Have done that a couple of times which I don’t want to experience it again but sometimes I do silly things which is not good
Patience, Emotion Control and Discipline.
  • #161,979
  • Nov 29, 2022 3:30am Nov 29, 2022 3:30am
Quoting nic9man
{quote} Let's talk bearish
Good wish, but we can't while price is above 1.0365..
Focus only on what truly matters!
  • #161,980
  • Nov 29, 2022 3:33am Nov 29, 2022 3:33am
Quoting Ata-Turkoglu
{quote} Good wish, but we can't while price is above 1.0365..
So now we can
Another day, another dollar.
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