{quote} Well done, now we need some more luck to push us above 0625, or it will fall to 0582 again.
was with EU bulls this time 
Feels right this time!
- Post #168,481
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- Feb 28, 2023 10:27am Feb 28, 2023 10:27am
- Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,200 Posts
was with EU bulls this time - Post #168,482
- Quote
- Feb 28, 2023 10:30am Feb 28, 2023 10:30am
"Fortify your mind and feel this level of happiness as you rise!" - Izzy A.
- Post #168,483
- Quote
- Feb 28, 2023 10:30am Feb 28, 2023 10:30am
- Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,200 Posts
{image}
well done!
Feels right this time!
- Post #168,484
- Quote
- Feb 28, 2023 10:37am Feb 28, 2023 10:37am
- Joined Sep 2020 | Status: Member | 5,450 Posts
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,486
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- Feb 28, 2023 11:00am Feb 28, 2023 11:00am
- Joined Sep 2020 | Status: Member | 5,450 Posts
{quote}Well done bulls, you have engulfed Friday, not a small feat ! But you also spent the last 6 hours avoiding the one-time touched daily high at the same time, and at a frequent enough back-in-trend level = you took one step forward, and one step back, in what is mostly a downtrend. Aggressive selling ongoing, especially while still under the 8th of January's low (we know what happened there!). Making it back below that is another sign of more bigger bear potential like I talked about before, like here:{quote} Selling every 5m opening...
Dear Low, the Eighth of January,
Why art thou yet again so far ?
Parting is such sweet sorrow.
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,487
- Quote
- Feb 28, 2023 11:11am Feb 28, 2023 11:11am
- Joined Sep 2020 | Status: Member | 5,450 Posts
Selling every 5m opening < 0636, till it reaches 0558.
If the first 1H that reaches 0558 closes above it, I get out of all of those !
0558 folks, my new happy number
!
If the first 1H that reaches 0558 closes above it, I get out of all of those !
0558 folks, my new happy number
!
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,488
- Quote
- Feb 28, 2023 11:13am Feb 28, 2023 11:13am
- Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,200 Posts
Volatility growth selling time!!!
Feels right this time!
- Post #168,489
- Quote
- Feb 28, 2023 11:25am Feb 28, 2023 11:25am
- Joined Sep 2020 | Status: Member | 5,450 Posts
Volatility growth selling time!!!
{quote} Noticed, 0585
A return >0620 with this growing volatility, and a new high is probable before new <06 action for me.
If not, I've got 0550s, for now.
Can't wait !
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,490
- Quote
- Feb 28, 2023 11:47am Feb 28, 2023 11:47am
- Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,200 Posts
{quote}{quote}That was for a setup triggered at open of last 5min to open >0625. TP reached 5 candles ago when voolatility dropped +BO in direction of position. A return >0620 with this growing volatility, and a new high is probable before new <06 action for me. If not, I've got 0550s, for now. Can't wait !
I have to close, have fun my friend!
Feels right this time!
- Post #168,491
- Quote
- Feb 28, 2023 11:56am Feb 28, 2023 11:56am
- Joined Sep 2020 | Status: Member | 5,450 Posts
{quote} I insist it will drop
{quote}{quote}...A return >0620 with this growing volatility, and a new high is probable before new <06 action for me. If not, I've got 0550s, for now. Can't wait !
Bear took the volatility. Now let's see if it's Mama Bear !
I am done entering manual setups. Now just managing. So relaxing thoroughly like you I hope
Ok mate, have a good rest of the day and thanks a lot for sharing all the valuable posts !
{quote} It's all good... It is fun to see some of the quirky things he shares here and it is light hearted ... helps to keep an air of positivity here. Thanks for the light heartedness you bring to this room Mtako!!
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,492
- Quote
- Feb 28, 2023 12:00pm Feb 28, 2023 12:00pm
Selling every 5m opening < 0636, till it reaches 0558. If the first 1H that reaches 0558 closes above it, I get out of all of those ! 0558 folks, my new happy number
"Fortify your mind and feel this level of happiness as you rise!" - Izzy A.
- Post #168,496
- Quote
- Feb 28, 2023 12:24pm Feb 28, 2023 12:24pm
- Joined Sep 2020 | Status: Member | 5,450 Posts
Selling every 5m opening < 0636, till it reaches 0558. If the first 1H that reaches 0558 closes above it, I get out of all of those ! 0558 folks, my new happy number
{quote} I like 0558...but I've set my TP at 0571 as to not be (too) greedy. Had a short position yesterday evening at around 0614. I noticed the imbalance up at 0640-45 area and kept that in mind, hoping it wouldn't go up there, but prepared to take the heat if it did. Added another short at 0640 and now just waiting for 0571.
You are respecting your rules and I love that. That is all that counts, aside the many indispensable laughs throughout
.Yes, and I should note that I do not view 0558 as a level to reach. It's actually more of a failure if the 1H doesnt break clean through and success if does; but only for that particular setup. I keep my exits strategies as diversified as my entries. Actually, I like to view my exits like entries the other way. Like liquid going back and fourth in an old bottle. Getting out of it early if price doesnt break right through this significant level is just one of many ways that I scale in and out.
On another note. 12H momentum is intact and of the highest quality for me.The low of the last 12h, which peaked in the same level as that of the last pullbacks resisting prior to new lows, is early 0580s. A break of which, with this fresh growing volatility, has some unknown potential.
So although I scale in and out throughout, I stay in the vast majority of my shorts in case the bigger bears like the 12h here pulls it off again like the 2 last times(14th and 20th). I should note that that big volatility has yet to show itself. Anticipating these rare occasions and planning their exploitation, is something I particularly love to do.
Oh the rambling. I think I need a brain transplant, again
Nice talking to you mate !
P.S May this be another 14th and 20th, but with the volatility of the 1st week of the month. Come back Big Moma
!!!!
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,497
- Quote
- Feb 28, 2023 1:25pm Feb 28, 2023 1:25pm
- Joined Sep 2020 | Status: Member | 5,450 Posts
Going straight for the heart of the only 3H to beat
!
If that happens, chances are the young moving average will finally be closer to us than the old(*4)
Good luck "little engine that could" !
!If that happens, chances are the young moving average will finally be closer to us than the old(*4)
Good luck "little engine that could" !
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #168,499
- Quote
- Feb 28, 2023 2:26pm Feb 28, 2023 2:26pm
1.02 Target for Goldman Sachs Hmmm..
- Post #168,500
- Quote
- Feb 28, 2023 2:44pm Feb 28, 2023 2:44pm
- Joined Sep 2020 | Status: Member | 5,450 Posts
Going straight for the heart of the only 3H to beat
We have seen 8h low's importance in this trend. Let's plan its continuance, just in case.
So far, Volatility Cluster Mama Bear mentioned in previous post is saying hello, with a mouthful of honey.
I know someone just took their profit, well done mate
!!!!!
If I don't mention SL and TP = longer-term setup possibly in the works!