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EURUSD only

  • #170,241
  • Apr 6, 2023 2:30am Apr 6, 2023 2:30am
Looks just like Batman if it goes down ( waiting with the short ) like that
Keep trading and learning or keep learning and trading!
  • #170,242
  • Apr 6, 2023 3:05am Apr 6, 2023 3:05am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 24 KB


... this what is market about. Now recap it and what was possible with suitable money management? Sorry for all who drive charts crazy with all the harmonics or fill it with countless indicators, countless lines and so on ... make your way easier. It is hard enough go through the first steps. I said back all is avaible since decades, NOTHING can be new, NOTHING! Learn from the old ones, not only in trading is a hint here!
Perfection is the enemy of good enough!
  • #170,243
  • Apr 6, 2023 3:42am Apr 6, 2023 3:42am
Quoting MichaelSch
{image} ... this what is market about. Now recap it and what was possible with suitable money management? Sorry for all who drive charts crazy with all the harmonics or fill it with countless indicators, countless lines and so on ... make your way easier. It is hard enough go through the first steps. I said back all is avaible since decades, NOTHING can be new, NOTHING! Learn from the old ones, not only in trading is a hint here!
You keep posting this "easy" method but it is not clear why and how you pick the two points of your scale, ie 0 and 1: why do you pick those two inside tops and bottoms? How do you do this in real time?
  • #170,244
  • Apr 6, 2023 4:11am Apr 6, 2023 4:11am
Quoting noox
{quote} You keep posting this "easy" method but it is not clear why and how you pick the two points of your scale, ie 0 and 1: why do you pick those two inside tops and bottoms? How do you do this in real time?
Easy i trade one position at number 2, means not that i do trade ONLY that position. I cover what is going on if i have time. If you can see i wait for building up the "range" and consider first a possible SL for first position and i give some space for my pending order at that place. You must be aware what is price making over and over again. Make yourself a "range" expert and will for sure easy understand it. If you really go in deep, learn the stuff Richard Demille Wyckoff give for free decades back! It is a lighter version around or look what else i have post in past to get a clue what informations i shared. Make the work!

Edit:

Hint ... most of the time if a range is build, keep not only watching the borders, you get more hints in the middle!
Perfection is the enemy of good enough!
  • #170,245
  • Apr 6, 2023 4:14am Apr 6, 2023 4:14am
Good morning, hope you are doing well. It seems the price is still ranging for today, we'll have to wait for the bears, or bulls to show up;
Attached Image(s) (click to enlarge)
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  • #170,246
  • Apr 6, 2023 4:46am Apr 6, 2023 4:46am
Forgot to update: Took profit on the last one at a little beyond the 1.9405. Good thing I did, price pulled back beyond the target price.

Quoting Lbrto
Took profit on the lowest three gains to lock in gains in case the Lenten season pulls the pair lower than current levels. A gain is a gain. {quote}
"No trade is still a trade." - Peter Borish
  • #170,247
  • Apr 6, 2023 5:06am Apr 6, 2023 5:06am
Quoting MichaelSch
{quote} Easy i trade one position at number 2, means not that i do trade ONLY that position. I cover what is going on if i have time. If you can see i wait for building up the "range" and consider first a possible SL for first position and i give some space for my pending order at that place. You must be aware what is price making over and over again. Make yourself a "range" expert and will for sure easy understand it. If you really go in deep, learn the stuff Richard Demille Wyckoff give for free decades back! It is a lighter version around or...
What work? You haven't cleared up why you picked that interim top and that interim bottom. Those aren't even the beginning and ending points of the same move. Completely random scale.
  • #170,248
  • Apr 6, 2023 5:33am Apr 6, 2023 5:33am
Interested to see what will happen at 1.0923-32. Move down to 1.0860 or continuation up.
I will be moving stops of longs to be and will reenter at mentioned support.
We watch the charts from every angle so you don't have to!!
  • #170,249
  • Apr 6, 2023 5:45am Apr 6, 2023 5:45am
Quoting noox
{quote} What work? You haven't cleared up why you picked that interim top and that interim bottom. Those aren't even the beginning and ending points of the same move. Completely random scale.
Why stretch the distance and must more move for 1:1 if we can put it much further to the "middle"? Please make the work and learn how a range build and how to trade it.
I gave you a hint what can be start, the rest is hard work and can only done by you.
Read Wyckoff stuff.
Perfection is the enemy of good enough!
  • #170,250
  • Apr 6, 2023 7:20am Apr 6, 2023 7:20am
Quoting pedro319
{quote} Bought the low, will bail out if we go under 1.0863. Target, 1.10 and beyond.
Took one for 20 pips, moved stops and now wait for lottery time.
We watch the charts from every angle so you don't have to!!
  • #170,251
  • Apr 6, 2023 7:47am Apr 6, 2023 7:47am
Meanwhile, on H1...

Patience.. patience... patience... That's the name of the game... Zzzzzzz.....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 20 KB
Focus only on what truly matters!
  • #170,252
  • Apr 6, 2023 8:01am Apr 6, 2023 8:01am
Meanwhile, on H4...

Bears are struggling to drop below my black ellipse: 1.0890, because they know that a blue ellipse would block them right after... Come on bears... it is still worth to try.. don't give up!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 25 KB
Focus only on what truly matters!
  • #170,253
  • Apr 6, 2023 8:02am Apr 6, 2023 8:02am
Byers still holding, currently at the bottom but up channel still in tact
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  • #170,254
  • Apr 6, 2023 8:02am Apr 6, 2023 8:02am
this is the pattern
Attached Image (click to enlarge)
Click to Enlarge Name: chart - 2023-04-06T083224.114.png Size: 15 KB

and it's following the pattern
  • #170,255
  • Apr 6, 2023 8:14am Apr 6, 2023 8:14am
Now we know this is only a retracement. Too slow. More upside to come.
We watch the charts from every angle so you don't have to!!
  • #170,256
  • Apr 6, 2023 8:22am Apr 6, 2023 8:22am
posing for more correction having a d top again ? 0882 below to see if for 0850/35 play , not fake out ! so careful even breaks 0882!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #170,257
  • Apr 6, 2023 8:23am Apr 6, 2023 8:23am
This may provide some answers as to the current stagnant market conditions

https://www.forexlive.com/news/us-do...ound-20230406/
Live long and prosper with green pips!
  • #170,258
  • Apr 6, 2023 8:48am Apr 6, 2023 8:48am
If we manage to break first support, 1.0870-60 offer good opp to buy cheap, most likely bounce and chance to move stops.
We watch the charts from every angle so you don't have to!!
  • #170,259
  • Apr 6, 2023 8:51am Apr 6, 2023 8:51am
Quoting pedro319
If we manage to break first support, 1.0870-60 offer good opp to buy cheap, most likely bounce and chance to move stops.
1.0835-25 is cheaper intra day
  • #170,260
  • Apr 6, 2023 8:55am Apr 6, 2023 8:55am
Quoting SnaveForex
{quote} 1.0835-25 is cheaper intra day
With this speed?
We watch the charts from every angle so you don't have to!!
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