Not understand?better not follow my analyses!doubt clearer first, risks ++
- #166,601
- Jan 27, 2023 6:42am Jan 27, 2023 6:42am
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
- #166,602
- Jan 27, 2023 6:47am Jan 27, 2023 6:47am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Back in my 1H ranging entry level I talked of yesterday, but today it was at 0867(nicely combined with yesterday's 1H bull high that put a stop to that drop
Well done bulls! Now I can relax even more. Putting the kettle on
.
Well done bulls! Now I can relax even more. Putting the kettle on
.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
always shorting eu All Time Profit:
$1,476
- #166,605
- Jan 27, 2023 6:57am Jan 27, 2023 6:57am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Its finally buying time for Mtako, starting with a potential 1min double at 15m double bottom. Buy stop 0850 SL low of the day-1!
The last 1min double bottom has survived, at last. Let's hope it was the lastNow feels like another silence before the storm. This last 1h cdl is the most significant of the day to my longs, as it is the only bull OHLC<0780, in the lows of a Ranging Heaven, and it came with growing volatility Very good sign, IF price goes back above, so >0872 Most important step for me after the 1H is when a 3H high will get breached
! As long as all 3Hs open > yesterday's low, ranging power is still high enough for me to factor...
, but I never underestimate raging bears, which are still winning, intraday. SuperBear !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,606
- Jan 27, 2023 7:05am Jan 27, 2023 7:05am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,607
- Edited 7:17am Jan 27, 2023 7:06am | Edited 7:17am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,041 Posts
1h tl remain supporting. Come on bear I dare you to close the week under 0835 today.
Closing the week under 0887 and 0835 may make bear favourable at least early next week.
update: I go back to sleep. Green pips both bull and bear
Closing the week under 0887 and 0835 may make bear favourable at least early next week.
update: I go back to sleep. Green pips both bull and bear
Patience, Emotion Control and Discipline.
- #166,609
- Jan 27, 2023 7:16am Jan 27, 2023 7:16am
{quote} Agreed, pattern created by human greed. That is why they make pattern technique to make people thinks market can be read and everyone want to trade. By time this become habbit and when this habbit doesnt not work then there some other REAL factor out there that moved the market
Triangles happen because the market does not have stops on the low side and also does not yet have stops on the upper side. So, the market ranges for as long as there's enough stops. Market ONLY cares about stops (well, cares about someone who is willing to buy high or sell low).
As for the market is driven by green and fear. Well, might be more so with stock market but not with FOREX market. Forex is purely a dealer market. Most of the volume is done privately and NOT in the market that you see. The market that you see is a retail market, this is where dealers offload their inventory to you. And with the prices they want. Why do you think the spreads are so low? Noone ever seems to think about that. in 99,9% of the time your counterparty is your broker. You are basically never matched with another person like you. Think about it, you ALL see the same technical analysis, if you had a popular MA cross to the upside then where do you find an "idiot" to sell to you? So, that "idiot" is actually the smartest player in town. So, now you need to ask, WHY did he take the other side if the MA cross clearly showed a different direction?
- #166,610
- Jan 27, 2023 7:18am Jan 27, 2023 7:18am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,041 Posts
Patience, Emotion Control and Discipline.
- #166,611
- Jan 27, 2023 7:19am Jan 27, 2023 7:19am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
Looking for profitable short term trades ...|
- #166,613
- Jan 27, 2023 7:26am Jan 27, 2023 7:26am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
1h tl remain supporting. Come on bear I dare you to close the week under 0835 today. Closing the week under 0887 and 0835 may make bear favourable at least early next week. {image}
Additional thoughts. We all know what happened the last times daily lows were visited, but that doesnt matter as much as what is happening today. Although the uptrend is intact, on the even larger perspective, price is falling, going through a correction.
Today they are trying again, and thats rare ! The next big shorts opportunities will happen one day, and in a similar manner, action below a 1D low, and probably below a properDailyBear will be even more opportunities; among all the other circumstances of course...
So the big bear is near for me also, as it shows up under daily lows.
For now, are still rarely visited, and when they are, not for very long. But that has happened today !
Beware bulls of any <0850 action
! If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,614
- Jan 27, 2023 7:30am Jan 27, 2023 7:30am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
Bulls need here to support again like it did 2 hours ago, bears need not > 0880, like yesterday ! 0860s vs 0870s, support vs resistance, this battle is my first crucial moment of the day, in this volatility war for the day!!! Good luck to both ! {image}
Looking for profitable short term trades ...|
- #166,615
- Jan 27, 2023 7:31am Jan 27, 2023 7:31am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Too much theory talk lately... Can we please just focus on "EURUSD"? Thanks... 
Focus only on what truly matters!
- #166,616
- Jan 27, 2023 7:35am Jan 27, 2023 7:35am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
- #166,618
- Jan 27, 2023 7:37am Jan 27, 2023 7:37am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
60s supported again for now(new high after), but still <0880! so my <0858 positions' SLs are at BE
Price has been so choppy. It needs to straighten out. I'll send him some chamomile.
So for me, for now, anything with target >30mAtr needs to see more clean 1m higher lows and higher highs.
Let's clean this chart up already ! I gather the bears still have better chances of doing the cleaning though
Price has been so choppy. It needs to straighten out. I'll send him some chamomile.
So for me, for now, anything with target >30mAtr needs to see more clean 1m higher lows and higher highs.
Let's clean this chart up already ! I gather the bears still have better chances of doing the cleaning though
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,619
- Jan 27, 2023 7:38am Jan 27, 2023 7:38am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,620
- Jan 27, 2023 7:43am Jan 27, 2023 7:43am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
1min pullback setup buy stop 0567 SL5!
Cancelled of course, transformed in back in range setup Buy stop 05562
If I don't mention SL and/or TP = longer-term setup possibly in the works!