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EURUSD only

  • #172,721
  • Edited 2:59pm May 24, 2023 2:32pm | Edited 2:59pm
Quoting pedro319
{quote} Ok, maybe just not for me, if it's not fib retracement, extension or both, it has no value, obviously within my system.
I have great appreciation for fibs, I actually use it more in my risk management with some strategies that do better when scaling down with every new setup. Example : sell 2.1, well in profit with new setup, sell but with 1.3, then 0.8, 0.5, etc. helps with gain preservation...
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #172,722
  • May 24, 2023 2:41pm May 24, 2023 2:41pm
Quoting mtako
{quote} I have great appreciation for fibs, I actually you it more in my risk management with some strategies that do better when scaling down with every new setup. Example : sell 2.1, well in profit with new setup, sell but with 1.3, then 0.8, 0.5, etc. helps with gain preservation... {image}
You find pictures for everything. I kept the one with my name.
We all see different things I guess, that must be a good thing, especially if you are in profit!
We watch the charts from every angle so you don't have to!!
  • #172,723
  • May 24, 2023 2:46pm May 24, 2023 2:46pm
Quoting mtako
Time is running out dear Mr.Bull! Out of respect, I warn you: In exactly 1 hour, if your 15m bull warrior has not closed >0765, I start selling some more ! {image}
Quoting mtako
{quote}Well done micro bulls ! From here, if you dont touch 0770 in the next 1H, I start selling some more !
Well done with your >0765, but failing to make it >0770 in the hour afterwards = momentum building = Asia potential , so well done bears !!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #172,724
  • May 24, 2023 2:50pm May 24, 2023 2:50pm
Quoting pedro319
{quote} You find pictures for everything. I kept the one with my name. We all see different things I guess, that must be a good thing, especially if you are in profit!
Wonderful! It is a nice one, that Pedro .

I think it's a very good thing indeed! If we all saw price the same way, price would barely move at all = no chart artwork
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #172,725
  • May 24, 2023 3:05pm May 24, 2023 3:05pm
To be clear, we haven't seen the low yet. Watch Asia do some breaking down.
  • #172,726
  • May 24, 2023 3:21pm May 24, 2023 3:21pm
What a day folks. Hope tomorrow will be just as eventful! Thank you!

Power nap time
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #172,727
  • May 24, 2023 4:07pm May 24, 2023 4:07pm
Good evening, hope you're well. For tomorrow, I have 1.0770 as resistance, and 1.0733 as support;
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  • #172,728
  • Edited 5:39pm May 24, 2023 4:21pm | Edited 5:39pm
Quoting sulai45
Good evening, hope you're well. For tomorrow, I have 1.0770 as resistance, and 1.0733 as support; {image}
what a roller coaster day! With false breakout of the downward channel now we back to where support zone is!

will be interesting to see how the week closed!

Update: added long 0743
Patience, Emotion Control and Discipline.
  • #172,729
  • May 24, 2023 7:10pm May 24, 2023 7:10pm
EU looks super bearish to me, for those looking to go long EU wrong side to be in
Attached Image (click to enlarge)
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  • #172,730
  • May 24, 2023 8:07pm May 24, 2023 8:07pm
Quoting johncen
{quote} what a roller coaster day! With false breakout of the downward channel now we back to where support zone is! will be interesting to see how the week closed! Update: added long 0743
my chart for now

Attached Image (click to enlarge)
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Patience, Emotion Control and Discipline.
  • #172,731
  • May 24, 2023 10:09pm May 24, 2023 10:09pm
Scalping busted and SL +1

Add for Swing 0744, 0740, 0736, 0732, 0728, 0724
Holy Betting Grail strategy
  • #172,732
  • May 24, 2023 10:39pm May 24, 2023 10:39pm
Quoting fxcontest
Scalping busted and SL +1 Add for Swing 0744, 0740, 0736, 0732, 0728, 0724
Asian session today has been slowly setting new lows and we are in 0730ish! Wonder where might be the bottom!

for bull best to wait until 1h downward channel to break!

or sl has to be under 0690
Patience, Emotion Control and Discipline.
  • #172,733
  • May 24, 2023 10:42pm May 24, 2023 10:42pm
Quoting johncen
{quote} Asian session today has been slowly setting new lows and we are in 0730ish! Wonder where might be the bottom! for bull best to wait until 1h downward channel to break! or sl has to be under 0690
Maybe 0735, 0734, 0732 are Bottom
Holy Betting Grail strategy
  • #172,734
  • May 24, 2023 10:46pm May 24, 2023 10:46pm
Quoting fxcontest
{quote} Maybe 0735, 0734, 0732 are Bottom
i have added small long at 07368 let see
Patience, Emotion Control and Discipline.
  • #172,735
  • May 24, 2023 11:04pm May 24, 2023 11:04pm
Eu has travelled all its weekly pips but there is some room for more (see chart) the bull must rise above the Asian session high so it can have some chances to gain back 1.0800, in the news, US Initial Jobless Claims & US GDP QoQ 2nd Estimate are the reasons to stay and today I expect a 46 pips range +

15 min

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Good luck!
Looking for profitable short term trades ...|
  • #172,736
  • May 24, 2023 11:16pm May 24, 2023 11:16pm
Quoting fxcontest
Scalping busted and SL +1 Add for Swing 0744, 0740, 0736, 0732, 0728, 0724
Most TP below 0770
Holy Betting Grail strategy
  • #172,737
  • May 25, 2023 12:00am May 25, 2023 12:00am
Meanwhile, on H1...

I am marking 1.0745 area as nearest resistance...

H1 candles are flowing inside steep descending channel.. No breakout yet and therefore only staying short or selling pullbacks around nearest resistance!

Happy trading day to all
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #172,738
  • May 25, 2023 12:17am May 25, 2023 12:17am
Quoting pedro319
Plan for today: Close half of shorts at 1.0735 and open first longs, then add more down to 1.0717. Below 1.0713 start closing those for loss and let the remainder of the shorts run.
Executing second part of the plan.
Profit on the highest orders 90 pips.
If this trade works target will be 1.0890.
We watch the charts from every angle so you don't have to!!
  • #172,739
  • Edited 1:35am May 25, 2023 12:32am | Edited 1:35am
Quoting pedro319
{quote} Executing second part of the plan. Profit on the highest orders 90 pips. If this trade works target will be 1.0890.
Bulls are very weak but the power of patterns is great so watching here too.
Looking for profitable short term trades ...|
  • #172,740
  • Edited 1:05am May 25, 2023 12:41am | Edited 1:05am
Quoting Js3mwtRc
{quote} Bulls are very week but the power of patterns is great so watching here too.
I am going blind because if market does the same it did with the 50% level then I know what to do next.
For starters not a lot of respect for the weekly pivot, also first touch of 1.0735 should have been followed by a bigger bounce, so 1.0717 is waiting.
We watch the charts from every angle so you don't have to!!
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