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  • #172,741
  • May 25, 2023 12:56am May 25, 2023 12:56am
so yesterday evening test long hit sl . so more down likely , daily close 0750 lost , then low 0695 likely test as support possible . in smaller tf 0725 or now may provide little support to see if signal 0741 and early confirmation 0755 and 65 if possible . so downside 0725 and 0695 and upside 0741 / breakout 38 and 65 to care / anyway calculated buy / sell all can work perfect but prefer only buy!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #172,742
  • May 25, 2023 1:00am May 25, 2023 1:00am
Quoting Austyno
I have switched to buy the dip mode. Bulls didn't allow my order to be filled at 1.07415 but it's all good. The previous 4hr candle is no joke. The current one must not engulf it. I will be holding my buy order till end of week. Good luck
Finally, my buy order was activated. No more selling for me till next week
Risk comes from not knowing what to do
  • #172,743
  • May 25, 2023 1:25am May 25, 2023 1:25am
Quoting Js3mwtRc
{quote} Bulls are very week but the power of patterns is great so watching here too.
Bull is indeed weak but given it is too low to short and we are in support zone. Good r/r to go long here.

might end up catching falling knives though but yea will be buying until 0690
Patience, Emotion Control and Discipline.
  • #172,744
  • May 25, 2023 1:29am May 25, 2023 1:29am
Quoting johncen
{quote} Bull is indeed weak but given it is too low to short and we are in support zone. Good r/r to go long here. might end up catching falling knives though but yea will be buying until 0690
That is the last resort for today.
Respect for this D1 61.8 level should bounce at least 50 pips.
We watch the charts from every angle so you don't have to!!
  • #172,745
  • May 25, 2023 1:34am May 25, 2023 1:34am
Quoting pedro319
{quote} 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.
Yes, I was thinking that if we get over 0800/30 then 0880 - 0900 isn't far at the 4 hours chart. Above 0700 there is good support.

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Looking for profitable short term trades ...|
  • #172,746
  • May 25, 2023 1:51am May 25, 2023 1:51am
Recovered all it's loss after the release, interesting!
German GDP Final QoQ Actual -0.3% (Forecast 0%, Previous 0.0%)
Looking for profitable short term trades ...|
  • #172,747
  • May 25, 2023 1:54am May 25, 2023 1:54am
Quoting johncen
{quote} Bull is indeed weak but given it is too low to short and we are in support zone. Good r/r to go long here. might end up catching falling knives though but yea will be buying until 0690
Good morning, hope you are doing well. We have reached the* support level, but looking at 5M, the bears don't want to leave lol. Maybe everyone is waiting for the Unemployment Claims* news today, to decide for the bulls or bears lol;
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  • #172,748
  • May 25, 2023 2:04am May 25, 2023 2:04am
Quoting Js3mwtRc
Recovered all it's loss after the release, interesting! German GDP Final QoQ Actual -0.3% (Forecast 0%, Previous 0.0%)
poor German GDP! Where is the bottom!
Patience, Emotion Control and Discipline.
  • #172,749
  • May 25, 2023 2:06am May 25, 2023 2:06am
I will buy EU if i see a push and break of 1.076 to the upside, but for now EU looks bearish

Be safe guys, trade safe...... lots of traps
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  • #172,750
  • May 25, 2023 2:10am May 25, 2023 2:10am
Quoting LitEU
I will buy EU if i see a push and break of 1.076 to the upside, but for now EU looks bearish Be safe guys, trade safe...... lots of traps {image}

yup best is to wait until we are out from the current downward channel and wait for confirmation
Patience, Emotion Control and Discipline.
  • #172,751
  • Edited 2:34am May 25, 2023 2:15am | Edited 2:34am
Market pin risk is for 1.0660/54 according to saxo expiries. 1.0780 looking like the highest level bulls have to beat!
Looking for profitable short term trades ...|
  • #172,752
  • May 25, 2023 2:19am May 25, 2023 2:19am
Added longs 1.0717 and will add more at 1.0695.
Closed another short for 107 pips.
We watch the charts from every angle so you don't have to!!
  • #172,753
  • May 25, 2023 2:23am May 25, 2023 2:23am
Quoting fxcontest
{quote} Most TP below 0770
Edited TP below 0754
Holy Betting Grail strategy
  • #172,754
  • May 25, 2023 2:25am May 25, 2023 2:25am
Quoting fxcontest
Scalping busted and SL +1 Add for Swing 0744, 0740, 0736, 0732, 0728, 0724
Added Long 0720, 0716

TP below 0754
Holy Betting Grail strategy
  • #172,755
  • May 25, 2023 2:25am May 25, 2023 2:25am
Quoting johncen
{quote} yup best is to wait until we are out from the current downward channel and wait for confirmation
yeah ️
  • #172,756
  • May 25, 2023 2:33am May 25, 2023 2:33am
Hi everyone. As bears can also be vampire ones (as Mtako can confirm), I won't be surprised if they take it relatively deep below 1.0700, such as 1.067x territory. Have a good trading day, everyone!
  • #172,757
  • May 25, 2023 2:37am May 25, 2023 2:37am
Quoting fxcontest
{quote} Added Long 0720, 0716 TP below 0754
Hi,
Just a quick question, which timeframe do you trade ? Thanks for your answer
Cheers
  • #172,758
  • May 25, 2023 3:18am May 25, 2023 3:18am
Longs triggered at 0725 and 0730. Those were my pending entries since yesterday.
  • #172,759
  • May 25, 2023 3:45am May 25, 2023 3:45am
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.
So far so good, added 1.0713 and closing longs from 1.0735. Reasons: I am happy with the lower ones and data releases later on.
Target 1.0856, there I will open shorts targeting 1.05 (probably next week).
We watch the charts from every angle so you don't have to!!
  • #172,760
  • May 25, 2023 4:02am May 25, 2023 4:02am
Quoting pedro319
{quote} Пока все хорошо, мы добавили 1,0713 и закрыли длинные позиции с 1,0735. Причины: я доволен более низкими...
Why do you think that it will reach 1.0856 and when?
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