5min 20SMA touched at last !! Hurrayyyyyyyyyyyyyyyy! BUT SL still not hit, now at 06428 
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,902
- Jan 6, 2023 2:22pm Jan 6, 2023 2:22pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Well done 15m bears !! You got yourself a candle !! Beware the low ! Bought here 0606, SL low of last 15m -1!
Bought the 5min hammer 06323! SL5
{quote}{quote}Both have same dynamic SL now, trailing right under the virgin 5min 20SMA. SL 06360.
...Ok, I'm putting honey on the 20SMA, see if that helps !! SL now at 1.06417
1min pullback setup Buy stop 06457 SL3!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,903
- Jan 6, 2023 2:30pm Jan 6, 2023 2:30pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,905
- Jan 6, 2023 2:39pm Jan 6, 2023 2:39pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,906
- Jan 6, 2023 2:46pm Jan 6, 2023 2:46pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
20SMA dynamic SL still not hit, now at 06450! 
that one:
All my >0650 buy stops are canceled. It okay to be ambitious, but that was hours ago ! nearest SL(20sma) is now at 1.06443, and nearest TP is 0652 (see 3H Monday's big momma bear that started this whole thing ! That 3H high shadow start(open) is TP )
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,907
- Jan 6, 2023 2:57pm Jan 6, 2023 2:57pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Never too late my beautiful bear: 20SMA SL hit at last, closing 3 positions shared above. Took you long enough bears, and it is ok 
Now I suspect normal micro ranging till end. So scalping still.
But I still keep the rest. Closest SL now is 0637 and then 0629, 2 nearest TPs are 0652 and 0669.
Will close more before the close, as these are mainly intraday setups only. I will keep most of my lowest ones(<06), because 4H closed above all of wednesday and thursday, then price followed straight above it, giving a 4H breakout potential very real.
Now I suspect normal micro ranging till end. So scalping still.
But I still keep the rest. Closest SL now is 0637 and then 0629, 2 nearest TPs are 0652 and 0669.
Will close more before the close, as these are mainly intraday setups only. I will keep most of my lowest ones(<06), because 4H closed above all of wednesday and thursday, then price followed straight above it, giving a 4H breakout potential very real.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,908
- Jan 6, 2023 3:53pm Jan 6, 2023 3:53pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
What a first week of the year folks ! So many ups and downs, growing this and that
I am keeping these five
because of their newfound potential. These high ranging levels can get higher still before a drop, given these greater volatility cluster. Also, could be the start of a genuine breakout. Early next week will show us ! Honestly, my most probable scenario was a rejection in the 0570-80s but it flew right through, not even letting space for enough short setups yet.
Closed the other 7 here at 0643 below my "no longer virgin" 20SMA
I like to notice the similarity with the highest short I am keeping and this chart. Who knows ! But in the unlikely chance that it is the start of a proper breakout, there is some higher chance that it won't even revisit those prices.
But seriously. Most importantly is the warm and goodhearted unexpecting free sharing and good company from all of you. Cheers!!!
Now let's have an amazing Saturday and Sunday with our loved ones, spreading the
!!!
I am keeping these five
Buy stop 0545 0561 0580 0611!
{quote} Adding here Bought at 0600!
Closed the other 7 here at 0643 below my "no longer virgin" 20SMA
I like to notice the similarity with the highest short I am keeping and this chart
. Who knows ! But in the unlikely chance that it is the start of a proper breakout, there is some higher chance that it won't even revisit those prices.But seriously. Most importantly is the warm and goodhearted unexpecting free sharing and good company from all of you. Cheers!!!
Now let's have an amazing Saturday and Sunday with our loved ones, spreading the
!!! 
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #164,910
- Edited 9:54pm Jan 6, 2023 9:21pm | Edited 9:54pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
{quote} Otherwise... Price needs to surpass the running 3-Week VWAP line above... and the running VWAP since the last significant price move down and up to the current pull back. {image}
Although I was shown the optimal directional probability by my technical system... I let my contrarian tendencies get the better of me ; )---
♬ Yes, there were times, I'm sure you knew
When I bit off more than I could chew
But through it all, when there was doubt
I ate it up and spit it out
I faced it all and I stood tall and did it my way♬
I reminded myself again...
“While no methodology or system that works in every instance . . . I have never seen anything so consistent” ─ just like my own system ; )─
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #164,911
- Jan 6, 2023 11:24pm Jan 6, 2023 11:24pm
- | Membership Revoked | Joined Feb 2019 | 1,453 Posts
good weekend all
- #164,912
- Jan 7, 2023 2:21am Jan 7, 2023 2:21am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #164,913
- Jan 7, 2023 5:25am Jan 7, 2023 5:25am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,441 Posts
EURUSD managed to recover all the weeks losses and closed above the weekly trendline, the monthly S1 pivot level, the 1.0506 support and the 1.0574 resistance turned support for second time and 1.0637 < possible Monday pivot after I open at the European session - a big range.
Next week the volatility I expect to see is 140 pips and in the news the US CPI's will be the most interesting release to watch for more. The consensus looks for a worst number but EURUSD may fall down to take more orders before that so we have to wait until Thursday and until then we may see 1.0788 but I am warning you, on the daily and above timeframes there will be many ups and downs until we see a real break out from this pair, it could take weeks or months until we see this pair moving with a directional bias. So beware of strategies that fade tops and bottoms yet!
Daily chart
4H chart based on the above
Green pips!
Next week the volatility I expect to see is 140 pips and in the news the US CPI's will be the most interesting release to watch for more. The consensus looks for a worst number but EURUSD may fall down to take more orders before that so we have to wait until Thursday and until then we may see 1.0788 but I am warning you, on the daily and above timeframes there will be many ups and downs until we see a real break out from this pair, it could take weeks or months until we see this pair moving with a directional bias. So beware of strategies that fade tops and bottoms yet!
Daily chart
4H chart based on the above
Green pips!
Looking for profitable short term trades ...|
- #164,914
- Jan 7, 2023 6:08am Jan 7, 2023 6:08am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Quick Daily Outlook for Monday-Tuesday
To keep it as simple and clean as it gets:
To keep it as simple and clean as it gets:
- I anticipate that developing structure is going to either form a Bearish-Cypher or Bearish-Shark! Therefore, as soon as the D leg is completed somewhere between 1.0683 and 1.0773 sell pressure could appear! Marked in red on chart!
- While patterns are forming, 1.0589 area will stay as my nearest support! Marked in blue on chart!
- While D1 candles are inside the channel, bulls have the upper hand, but since I trade M30, this information is irrelevant to me!
- As I mentioned on Friday, I personally favor a bearish-shark that hopefully completes around 1.0744. There I want to look for sell opportunities.
I hope it helps...
Enjoy your weekends folks 
Focus only on what truly matters!
- #164,915
- Jan 7, 2023 6:39am Jan 7, 2023 6:39am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
- #164,916
- Edited 7:02am Jan 7, 2023 6:51am | Edited 7:02am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
The Mentioned Patterns Below you can see my H4 chart where I detailed the potential Cypher and Shark patterns mentioned on my D1 analysis.. {image}
.... I DO LIKE your 1.0675 to 1.0700 Level there because that's where Buyside rests and we will see if we run it or not.
I like 1.080 and I trade it either way.
this is NOT a trading idea!
you are not expected to understand this
- #164,918
- Jan 7, 2023 9:01pm Jan 7, 2023 9:01pm
- Joined Jul 2011 | Status: Trader | 3,145 Posts
Holy Betting Grail strategy
