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  • Post #172,881
  • Quote
  • May 26, 2023 7:23am May 26, 2023 7:23am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,206 Posts
Quoting mtako
Disliked
{quote}{quote}Indeed. Your regular posts about it are great. I'm a routine guy in nature, but trying to break that routine these days. Nature helps, but it's hard to change an old fart... I missed your posts when you were away for a while... I meant "straight" as in without the average retracement, in a day, or days, weeks... Those unlikely scenarios that all eventually happen . Sell stop 07337 07239 0705
Ignored
Thanks mtako I don't see you as an old ... Just a funny person because all of the boredom at trading and life outside that
Feels right this time!
 
1
  • Post #172,882
  • Quote
  • May 26, 2023 7:24am May 26, 2023 7:24am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Sell stop 07466 SL4!
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #172,883
  • Quote
  • May 26, 2023 7:25am May 26, 2023 7:25am
  •  yvestrcz
  • Joined Mar 2020 | Status: Member | 957 Posts
Quoting yvestrcz
Disliked
The "inevitable" drop has begun. I expect as low as around 1.0680. Time will tell, though.
Ignored
Perfect, looks like I must have pissed the bulls, and now they have decided to show some horns.
 
1
  • Post #172,884
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  • May 26, 2023 7:25am May 26, 2023 7:25am
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,993 Posts | Online Now
Quoting Js3mwtRc
Disliked
{quote} Thanks mtako I don't see you as an old ... Just a funny person because all of the boredom at trading and life outside that
Ignored
We could not do this without him!
Fibonacci will make you rich
 
2
  • Post #172,885
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  • May 26, 2023 7:26am May 26, 2023 7:26am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Quoting pedro319
Disliked
{quote} Most likely will touch it and 1.0755 has got a chance.
Ignored
It was the FED talking ... Just teasing...

Sell stop 0747 SL3!
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #172,886
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  • Edited 7:52am May 26, 2023 7:27am | Edited 7:52am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 19,006 Posts
As monthly likely compete with 0841 and price test try that level repeatedly, so to get that level, next limit 0759, if success, then target bounce goes to 0831 and really 0904 plus! Price tested demand at 0712 May bounce to get deeper in the demand zone!
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Not understand?never follow my analyses!
 
1
  • Post #172,887
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  • May 26, 2023 7:28am May 26, 2023 7:28am
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,993 Posts | Online Now
Quoting mtako
Disliked
{quote} It was the FED talking ... Just teasing... Sell stop 0747 SL3!
Ignored
Be ready to change sides if needed, you are not going to sell all the way to 1.0857!!
Fibonacci will make you rich
 
1
  • Post #172,888
  • Quote
  • May 26, 2023 7:30am May 26, 2023 7:30am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Quoting Js3mwtRc
Disliked
{quote} Thanks mtako I don't see you as an old ... Just a funny person because all of the boredom at trading and life outside that
Ignored
Thank you mate. It's a treasure to have one another, even as strangers.

Now, admiring the Ranging Heaven's angels at work (in the highs, what do we do ?)
If I don't mention SL and TP = longer-term setup possibly in the works!
 
2
  • Post #172,889
  • Quote
  • May 26, 2023 7:32am May 26, 2023 7:32am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Quoting pedro319
Disliked
{quote} Be ready to change sides if needed, you are not going to sell all the way to 1.0857!!
Ignored
0770-0730 has been my main selling level almost all day

Sell stop 07431 !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #172,890
  • Quote
  • May 26, 2023 7:36am May 26, 2023 7:36am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Quoting pedro319
Disliked
{quote} Be ready to change sides if needed, you are not going to sell all the way to 1.0857!!
Ignored
at 0857, I'd be out of most of my shorts actually...
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #172,891
  • Quote
  • May 26, 2023 7:39am May 26, 2023 7:39am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Sell stop 07477... Then waiting again...
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #172,892
  • Quote
  • May 26, 2023 7:39am May 26, 2023 7:39am
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,993 Posts | Online Now
H4 and H1 closes above 1.0749 along with the breakout of the channel (already happened but could be retested at 1.0738) pretty much indicates strong possibility of reversal. Still I would not open any longs on the back of that, not in my system, other traders are more comfortable trading breakouts.
Fibonacci will make you rich
 
1
  • Post #172,893
  • Quote
  • May 26, 2023 7:42am May 26, 2023 7:42am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,775 Posts
The chart is telling me that sellers might get really hurt today and Monday. I have closed my buys (4 new ones here at 1.0748) and hope to get dips to buy again.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
2
  • Post #172,894
  • Quote
  • May 26, 2023 7:43am May 26, 2023 7:43am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
Quoting mtako
Disliked
Now waiting for 15m bear.... no matter the level...
Ignored
Now waiting for 15m Bear low -2ticks to sell more

But also, again, Sell stop 07496!
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #172,895
  • Quote
  • May 26, 2023 7:49am May 26, 2023 7:49am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,450 Posts
We havent had this steady down trend in a while. keeping my eyes on the beauty below, but also on the trees ! when sliding down :
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If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #172,896
  • Quote
  • May 26, 2023 7:57am May 26, 2023 7:57am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,206 Posts
Quoting mtako
Disliked
{quote}Thank you mate. It's a treasure to have one another, even as strangers. Now, admiring the Ranging Heaven's angels at work (in the highs, what do we do ?)
Ignored
We usually sell!
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Feels right this time!
 
1
  • Post #172,897
  • Quote
  • May 26, 2023 8:06am May 26, 2023 8:06am
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 1,993 Posts | Online Now
H1 close above 49 and breakout indicates potential reversal, bears need to bring price below 1.0738 and close there.
Another interesting detail:
Weekly chart currently shows negative Macd, if we were to get to 1.0857 today it would switch the signal, that in turn would suggest taking out of the last highs. 1.11.
Fibonacci will make you rich
 
 
  • Post #172,898
  • Quote
  • May 26, 2023 8:14am May 26, 2023 8:14am
  •  chrissfx
  • | Joined Dec 2011 | Status: Member | 410 Posts
Quoting chrissfx
Disliked
Hi, have taken a first long @ 0718. Sl 30 Pips... Best Chriss
Ignored
Hi,
lowering sl to 0700. Waiting if i can add positions If price does dip...

Best
Chriss
 
 
  • Post #172,899
  • Quote
  • May 26, 2023 8:15am May 26, 2023 8:15am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,445 Posts | Online Now
Attached Image (click to enlarge)
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Name: screenshot.png
Size: 22 KB

Nice and JUICY GAP!!!
 
3
  • Post #172,900
  • Quote
  • May 26, 2023 8:26am May 26, 2023 8:26am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,206 Posts
4 minutes left, if not a drop back inside 0745 then the sky is waiting!
Feels right this time!
 
 
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