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  • #169,141
  • Edited Mar 15, 2023 1:14am Mar 14, 2023 11:57pm | Edited Mar 15, 2023 1:14am
Fade up with little congestion at pullback / retest demand monthly but looks the same continue for many years, ready for all risky plays.
so only smaller tf to see and play for short waves , as can change any times too !
now watching -737 breaks or not with 0724 singal for more correction , otherwise if withstant them 0804 test likely. even signal 0725 pass then also 0713/0693 may get the supports , for bear breaks 0713 and hold , better 0696 breaks and hold be signal for correction more or next leg down as start! otherwise may go for bull target!

usdx likely go below 102.39 as standard correction to restart bull try with gap filling !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #169,142
  • Mar 15, 2023 1:05am Mar 15, 2023 1:05am
Sell EUR/USD at 1,0738.
No SL and TP.
  • #169,143
  • Mar 15, 2023 1:11am Mar 15, 2023 1:11am
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It's like it doesn't want to go UP.

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  • #169,144
  • Mar 15, 2023 3:04am Mar 15, 2023 3:04am
Positioned for a buy at 1.06786/1.06465/1.06040....

Also posted a sell at 1.09405.
"No trade is still a trade." - Peter Borish
  • #169,145
  • Mar 15, 2023 3:17am Mar 15, 2023 3:17am
If the current 4hr bearish candle engulfs, the target for today is 1.06707
Risk comes from not knowing what to do
  • #169,146
  • Mar 15, 2023 3:27am Mar 15, 2023 3:27am
Quoting Austyno
If the current 4hr bearish candle engulfs, the target for today is 1.06707
IMO, the problem with H4 TF is that on different BROKER's platforms , H4 candle closing at the different time. That's why on some broker it'll close at the end of current H1 and on the other one in 2 hours and on the OTHER one in 3 hours. So at the end, we'll never know which is CORRECT H4 close. That's why my MAIN TF is H1 because it's ALL the same.
  • #169,147
  • Mar 15, 2023 3:28am Mar 15, 2023 3:28am
Quoting Austyno
If the current 4hr bearish candle engulfs, the target for today is 1.06707
Can you please share your H4 to compare?
  • #169,148
  • Mar 15, 2023 3:35am Mar 15, 2023 3:35am
Quoting andvk74
{quote} Can you please share your H4 to compare?
I'm currently away from my system, manage the phone version
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Risk comes from not knowing what to do
  • #169,149
  • Mar 15, 2023 3:38am Mar 15, 2023 3:38am
Here's just one example of H4
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  • #169,150
  • Mar 15, 2023 3:41am Mar 15, 2023 3:41am
BOTH EURUSD and BOTH H4 - but looks DIFFERENT!!! I did a lot of back testing with this stuff.
Just something to think about!!!
There's A LOT of WEIRD STUFF going on with the markets in order to CONFUSE traders.
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  • #169,151
  • Mar 15, 2023 3:42am Mar 15, 2023 3:42am
Quoting andvk74
{quote} IMO, the problem with H4 TF is that on different BROKER's platforms , H4 candle closing at the different time. That's why on some broker it'll close at the end of current H1 and on the other one in 2 hours and on the OTHER one in 3 hours. So at the end, we'll never know which is CORRECT H4 close. That's why my MAIN TF is H1 because it's ALL the same.
It's remaining less than 30 mins to close. My broker closes at even numbers now because of the daylight shift. 10pm, 2am, 6am, 10am, 2pm, 6pm and 10pm Nigerian time. I think it uses GMT+2
Risk comes from not knowing what to do
  • #169,152
  • Mar 15, 2023 3:42am Mar 15, 2023 3:42am
What happens to rising wedges? They break down! I have not really traded EU in a long, long time. But one short for the road and expecting to TP around 1.0662. Main target is around 1.0620 area but knowing how sluggish this pair is (reason I stopped trading it), I'll just bail at 1.0662 and go trade other "living" things.
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  • #169,153
  • Mar 15, 2023 3:45am Mar 15, 2023 3:45am
This is just one example of ENGULFING TRAP.
Same pair, same TF but different candles.
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  • #169,154
  • Mar 15, 2023 3:48am Mar 15, 2023 3:48am
And look at the H1!!!
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  • #169,155
  • Mar 15, 2023 3:50am Mar 15, 2023 3:50am
Quoting andvk74
And look at the H1!!! {image}
Damn, that's weird. If the 1hr charts look similar, the 4hr should also be similar
Risk comes from not knowing what to do
  • #169,156
  • Mar 15, 2023 3:52am Mar 15, 2023 3:52am
Look at another LIE that probably no one knows. This is DAILY TF and look at the yesterdays H and L of the day.
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  • #169,157
  • Mar 15, 2023 3:55am Mar 15, 2023 3:55am
And if we switch the TF to H1, the WICK if FAKE, because the LOW should be THE SAME no matter what. BUT it's NOT!!!!!
I have MANY things like that.
So, if you draw the trendline using that wick it will be way off. RIGHT?
INTERESTING???
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  • #169,158
  • Mar 15, 2023 3:57am Mar 15, 2023 3:57am
You are correct. That was how my broker made me lose a trade. The level i was looking for got hit on trading view fxcm but my broker didn't get to the tp level. The manipulation is high

Quoting andvk74
And look at the H1!!! {image}
  • #169,159
  • Mar 15, 2023 4:05am Mar 15, 2023 4:05am
Quoting andvk74
And if we switch the TF to H1, the WICK if FAKE, because the LOW should be THE SAME no matter what. BUT it's NOT!!!!! I have MANY things like that. So, if you draw the trendline using that wick it will be way off. RIGHT? INTERESTING??? {image}
What's the low and high of yesterday's candle on your broker for both the daily and 1hr
Risk comes from not knowing what to do
  • #169,160
  • Mar 15, 2023 4:11am Mar 15, 2023 4:11am
We could have the effect from last month's bearish engulfing candle kicking in and sell offs begin till end of month.
Ist image= Bigger picture
2nd image= zoomed in
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Risk comes from not knowing what to do
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