BP and E, 5' --- SLs as shown to lock in prfts.
BP approaching take prfts level at 1.21 20-30
- #1,220,721
- Feb 28, 2023 7:24am Feb 28, 2023 7:24am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP and E, 5' --- SLs as shown to lock in prfts.
BP approaching take prfts level at 1.21 20-30
- #1,220,722
- Feb 28, 2023 8:38am Feb 28, 2023 8:38am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
Flat in all. as shown. . .
- #1,220,723
- Feb 28, 2023 3:02pm Feb 28, 2023 3:02pm
- | Joined Nov 2022 | Status: Trader | 29 Posts
Hello everyone, I'm a new member of the forum and I'm using this post for the first time to document my analysis and trades on the EURUSD. I hope that by documenting my trades, I can improve my trading skills. I use simple moving average (SMA5,10,250) and MACD as trading indicators.
- The candlestick chart for February is above the 5-month moving average, which doesn't provide much reference.
- Starting from point B, it will definitely go through three segments of "down", "up", and "down" movements, and it's currently in the first segment.
- Starting from point A at the position of the green arrow, the 5-day and 10-day moving averages were in a state of sticking together, and then they started to diverge. Observing the MACD, the two shapes formed by the 5-day and 10-day moving averages corresponded to the green bars on the MACD chart, but the latter was weaker than the former.A new stroke begins from point A, and it has currently reached a critical position to determine if it has ended at point A.
I'm still learning the writing style of experienced members in the forum. For now, I've only listed these three time periods, and I'll continue to add more after careful analysis.
- #1,220,724
- Mar 1, 2023 2:26am Mar 1, 2023 2:26am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
E. and BP 5' --- 1.06 45 is a selling point....BUT there is no guarrantee it won't reach 1.06 80 . . .
Watch out and weigh your risk . . .
- #1,220,726
- Mar 1, 2023 8:04am Mar 1, 2023 8:04am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
Shorted again here. . . . .I am not sure 1.06 91 is the top. . . . It might be . . . We ll see....
- #1,220,727
- Mar 1, 2023 10:02am Mar 1, 2023 10:02am
- | Joined Nov 2022 | Status: Trader | 29 Posts
I mainly use the following timeframes for chart analysis:MN->W1->D1->H6->H1->M15->M5->M1. These timeframes are used to observe trends from large to small, and H3 is used as a reference for intraday trading.
Tuesday's review (twenty-twenty hindsight) 
Tuesday's review (twenty-twenty hindsight)
- D1:
Bottom pattern is confirmed. A bottom pattern consists of 3 candles, I should pay more attention to the third one. If the bottom pattern is successfully extended, then the third candle is the entry point.
- H6:
The trend that was pulled up from A pulled up again after a period of consolidation around the 5-period moving average, but then underwent a correction.When a clear platform appears in the trend, I should pay attention to the trend's departure from the platform, which can be found in the corresponding chart of smaller time frames.
- H3:
There is nothing to refer to.
- H1:
When a trend forms a platform 1, there are only two possible developments. The first is to revolve around platform 1, and the second is to form platform 2. To form platform 2, the trend needs to reach approximately X position. If AB is already relatively long, the likelihood of reaching X decreases.
- M15:
AB showed signs of weakness during the trend, with the subsequent bars being smaller than the previous ones, but the yellow-white line remained strong. I recorded this pattern for my own memory.
- M5:
There is nothing to refer to.
- #1,220,729
- Mar 1, 2023 11:13am Mar 1, 2023 11:13am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP 5' --- First new short here, now.
- #1,220,731
- Mar 2, 2023 5:53am Mar 2, 2023 5:53am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP H . --- I stay the Course...South . . . I want to see 1.18 40
- #1,220,732
- Mar 2, 2023 1:31pm Mar 2, 2023 1:31pm
- Joined Aug 2016 | Status: Trader | 10,445 Posts
Heavily short . . . .
- #1,220,733
- Mar 2, 2023 1:34pm Mar 2, 2023 1:34pm
- Joined Aug 2016 | Status: Trader | 10,445 Posts
E. H. ---
- #1,220,734
- Mar 2, 2023 1:37pm Mar 2, 2023 1:37pm
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP H. --- Short. . . .
- #1,220,735
- Mar 2, 2023 7:57pm Mar 2, 2023 7:57pm
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP 5' ---Added new short , NOW.
- #1,220,736
- Mar 3, 2023 1:04am Mar 3, 2023 1:04am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
BP 5' --- new short ,NOW.....
- #1,220,738
- Mar 3, 2023 2:47am Mar 3, 2023 2:47am
- Joined Aug 2016 | Status: Trader | 10,445 Posts
E. and BP 5' --- NO BLINKING . . . . The Course is SOUTH . . .
