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  • #172,481
  • May 21, 2023 10:02pm May 21, 2023 10:02pm
Quoting johncen
Hello all 0835, 0850 previous support turn into resistance now which may provide next sell opportunity. If bull manage to climb above then mayb resume going up we will find out next week! Happy weekend all{image}
bull seems to be trying! If we stay above 0805-10 now likely we will test 0840-67 next
Patience, Emotion Control and Discipline.
  • #172,482
  • May 21, 2023 10:07pm May 21, 2023 10:07pm
Short 0827 - 0826 for 10 - 15 pips and SL+1
Holy Betting Grail strategy
  • #172,483
  • May 21, 2023 10:08pm May 21, 2023 10:08pm
Added Long 0804 - 0808, SL 15 pips
TP 25 - 35 pips
Holy Betting Grail strategy
  • #172,484
  • May 21, 2023 11:17pm May 21, 2023 11:17pm
Good morning EU is recovering towards 1.0850/75 a drop below Fridays low will revive the downtrend targeting 1.0715 and the vol I expect it to travel for today is 43 pips.

1 hour chart weekly pivots 50 100 200 ma's
Attached Image (click to enlarge)
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Have a great trading week ahead!
Looking for profitable short term trades ...|
  • #172,485
  • May 22, 2023 12:55am May 22, 2023 12:55am
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts | Online Now
Greetings, I have a sell limit @ 1.08356
Sl and tp 50 pips
Risk comes from not knowing what to do
  • #172,486
  • May 22, 2023 1:08am May 22, 2023 1:08am
Quoting fxcontest
Short 0827 - 0826 for 10 - 15 pips and SL+1
TP Done
Holy Betting Grail strategy
  • #172,487
  • May 22, 2023 1:29am May 22, 2023 1:29am
Quoting fxcontest
Added Long 0804 - 0808, SL 15 pips TP 25 - 35 pips
Missed some, and add Long 0809 - 0811
Holy Betting Grail strategy
  • #172,488
  • May 22, 2023 1:35am May 22, 2023 1:35am
Quoting fxcontest
{quote} Missed some, and add Long 0809 - 0811
Capping most TP at 18 - 22 pips, others with trailing, cause of much Margin involved

Not gonna beat the Market, only profit oriented
Holy Betting Grail strategy
  • #172,489
  • May 22, 2023 1:38am May 22, 2023 1:38am
Long or short, it's good either way. Just pick a side and close it when in profit.
Practitioner of the cryptic trading arts
  • #172,490
  • May 22, 2023 1:41am May 22, 2023 1:41am
Good morning, hope you're great. The resistance level is holding up alright today, hopefully we will see the bears again;
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  • #172,491
  • May 22, 2023 1:50am May 22, 2023 1:50am
bought 1:1 RR
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  • #172,492
  • May 22, 2023 2:04am May 22, 2023 2:04am
checking pa , 0795 ond or lows below 0782 to test likely , watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #172,493
  • Edited 2:49am May 22, 2023 2:16am | Edited 2:49am
Ok... so Frankfurt couldn't make a new HH (Higher High) after Tokyo session. That means London will go for a LL (Lower Low). That could mean the down to 1.0780-50 and below for the day...

P.S. We made a LL but Ata's 1.0793 is holding for the time being! So we could see Ata's scenario 2 -> a swing to 1.0850 before turning south.
  • #172,494
  • May 22, 2023 2:51am May 22, 2023 2:51am
Quoting Ata-Turkoglu
Meanwhile, on H1... For Monday, I have 3 base scenarios... 1 and 2 are bullish and depend on how strong 1.0793 area supports... The dotted line will have a resisting effect up until 1.0860 area... There I would like to see how strong rejection is, especially if it happens around London opening hour... However, if my main support level doesn't work, price could go back to retest 1.0762 area (scenario 3)... Happy new trading week to all {image}
seems like a mix of scenario 1 and 2!
Patience, Emotion Control and Discipline.
  • #172,495
  • May 22, 2023 2:52am May 22, 2023 2:52am
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  • #172,496
  • Edited 3:36am May 22, 2023 2:55am | Edited 3:36am
0748 areas supected as one best place to bounce but as not access to my charts 5/6 days not clearly seeing from mobile charts . next bull signal at breaks 0830 to target next 0858! so may safely swing buy at any lows , like now 0795 , then 0780 or 0761 all be ok , not any advance , test and bounce to follow , , not run , kill to proceed next .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #172,497
  • May 22, 2023 3:07am May 22, 2023 3:07am
  •  Austyno
  • Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts | Online Now
Quoting Austyno
Greetings, I have a sell limit @ 1.08356 Sl and tp 50 pips
sell limit updated to 1.08665.
Meanwhile I bought @ 1.07985 because we took out the high of Friday, so technically bulls have upper hand today atleast until they reach 1.08665 which is the upper band of the downwards channel on 4hrs
Risk comes from not knowing what to do
  • #172,498
  • May 22, 2023 3:35am May 22, 2023 3:35am
The bears did great today;
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  • #172,499
  • May 22, 2023 4:13am May 22, 2023 4:13am
Hi,

Sold now and targetting 1.077.

Cheers
  • #172,500
  • May 22, 2023 4:23am May 22, 2023 4:23am
Quoting vankola
Hi, Sold now and targetting 1.077. Cheers
IF bears wont defend 1.082 then I'm willing to take the loss. Seems Bulls are trying to move upwards.
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