Based on M30, 1.0901 is my current supportive zone... As long as price is above it, no selling, only buying dips! Happy new trading week to all
- #166,722
- Jan 30, 2023 7:14am Jan 30, 2023 7:14am
- Joined May 2014 | Status: Full Time Trader | 27,161 Posts
{quote} I shorted again from 1.09. May bulls have mercy on me.. or bears wake up from winter's sleep.
I keep buying dips based on M30 trend... can it fail? Sure.. if bad luck is attached into my day...
But on average, the odds are favoring buyers, especially while H4 candles are opening above 1.0895...
Good luck and best wishes
Focus only on what truly matters!
- #166,723
- Jan 30, 2023 7:19am Jan 30, 2023 7:19am
{quote} You are shorting against M30 trend.. can it work? Sure.. if you are lucky... I keep buying dips based on M30 trend... can it fail? Sure.. if bad luck is attached into my day... But on average, the odds are favoring buyers, especially while H4 candles are opening above 1.0895... Good luck and best wishes
It's true.. this rarely happens especially when reading..
On my chart H4 candle closed exactly at R.
- #166,727
- Jan 30, 2023 7:33am Jan 30, 2023 7:33am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,454 Posts
Looking for profitable short term trades ...|
- #166,728
- Jan 30, 2023 7:40am Jan 30, 2023 7:40am
{quote} You are shorting against M30 trend.. can it work? Sure.. if you are lucky... I keep buying dips based on M30 trend... can it fail? Sure.. if bad luck is attached into my day... But on average, the odds are favoring buyers, especially while H4 candles are opening above 1.0895... Good luck and best wishes
- #166,729
- Jan 30, 2023 7:45am Jan 30, 2023 7:45am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Happy new week folks. Just popping in to read you all and say hello !
Nothing to add on my end. It's Friday for me, but opposite. Bloody flatline 1H
If I were to buy again, it would be at back 3min ranging heaven : 0896 with tightest stop 0886, under which is my 1H ranging Heaven, too deep back in range short entry level, just opposite of some of my Friday's shares...
If I were to sell, see above.
Go on Bulls !! hold it and shift this range up properly by another high or pay the usual ranging price = rise of potential "back in the previous mid-lows", at least.
Cheers all !!
P.S love this chap, goes up on the roof of its doghouse and pretends he's on a plane. We do what we can to live the high life. Beautiful !
Nothing to add on my end. It's Friday for me, but opposite. Bloody flatline 1H
If I were to buy again, it would be at back 3min ranging heaven : 0896 with tightest stop 0886, under which is my 1H ranging Heaven, too deep back in range short entry level, just opposite of some of my Friday's shares...
If I were to sell, see above.
Go on Bulls !! hold it and shift this range up properly by another high or pay the usual ranging price
= rise of potential "back in the previous mid-lows", at least.Cheers all !!
P.S love this chap, goes up on the roof of its doghouse and pretends he's on a plane. We do what we can to live the high life. Beautiful !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,731
- Jan 30, 2023 7:51am Jan 30, 2023 7:51am
- Joined May 2014 | Status: Full Time Trader | 27,161 Posts
{quote} Hi Ata, if you keep buying dips, then until what price, it will meet the biggest resistance according to your analysis ? i see 1.0985 will hold bulls then big drops to 150 - 200 pips at least.
Based on my personal fib levels though, 1.0886 area was supposed to resist, but price is currently above it, so I keep buying dips.. IF price drops below 1.0886 or if price rallies to 1.0973 I could also think of counter-scalping..but for now no such thing on smaller timeframes, especially on M30.. so buying it is!
Best wishes
Focus only on what truly matters!
- #166,732
- Jan 30, 2023 8:02am Jan 30, 2023 8:02am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #166,733
- Jan 30, 2023 8:07am Jan 30, 2023 8:07am
- Joined May 2014 | Status: Full Time Trader | 27,161 Posts
Here's my top down outlook....its going down...grab what you can along the way {image}
Best wishes
Focus only on what truly matters!
- #166,734
- Jan 30, 2023 8:08am Jan 30, 2023 8:08am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Happy new week folks. Just popping in to read you all and say hello ! Nothing to add on my end. It's Friday for me, but opposite. Bloody flatline 1H
The second 0876 is touched(1H ranging midline), it is cancelled.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,735
- Jan 30, 2023 8:18am Jan 30, 2023 8:18am
- Joined May 2014 | Status: Full Time Trader | 27,161 Posts
{quote}No 0870s = 0880s potentially supporting is growing = Dynamic untriggered 3m +1H setup shared above, buy stop lowered along the range down shift. now at 0893 SL12 The second 0876 is touched(1H ranging midline), it is cancelled.
Focus only on what truly matters!
- #166,737
- Jan 30, 2023 8:23am Jan 30, 2023 8:23am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} What do you think of the potential crowning ceremony of King Bear Bearson IV?
I think anything <0830 gives his highness a chance.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,738
- Jan 30, 2023 8:24am Jan 30, 2023 8:24am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #166,739
- Jan 30, 2023 8:25am Jan 30, 2023 8:25am
- Joined May 2014 | Status: Full Time Trader | 27,161 Posts
{quote}
Best wishes buddy
Focus only on what truly matters!
- #166,740
- Jan 30, 2023 8:30am Jan 30, 2023 8:30am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
buying this last bull 5min high +2pts. Next stop, buying next bull 30min high +1
0880s, again
, most crucial part of my day !
0880s, again
, most crucial part of my day !
If I don't mention SL and/or TP = longer-term setup possibly in the works!