Disliked{quote} Yeah that 920 rejection I was like what the hell O.O, I don't have much experience in the market so I shrugged it off and thought we are down now again.Ignored
1
- #1,221,302
- Jun 28, 2023 3:46pm Jun 28, 2023 3:46pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,381 Posts
{quote} Yeah that 920 rejection I was like what the hell O.O, I don't have much experience in the market so I shrugged it off and thought we are down now again.
- #1,221,303
- Jun 28, 2023 4:07pm Jun 28, 2023 4:07pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,381 Posts
- #1,221,304
- Jun 28, 2023 4:16pm Jun 28, 2023 4:16pm
{quote} There's a lot going on than what is known in places like this website. Still you're honest with yourself and that means you're willing to learn. Just need to make sure you learn the right things. Being honest with yourself is a good trait.
learning a little of everything now, because I started trading 2 years ago for like 3 months then I stepped off had other things to do, but now when I'm back I'm taking it slowly, but what is the good thing? I'm trying to dig in trading books, see if I can get the whole picture.
{quote} Some material to study
{quote} Look for swing shorts on EUR/USD
- #1,221,305
- Jun 28, 2023 4:42pm Jun 28, 2023 4:42pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,381 Posts
{quote} Yeah, I understand that the market is very harsh place, you can be the smartest but also the biggest loser in the market, it really take, experience, resilient, leaning the good thing and many other aspects, and also to understand this is not an easy way to get money like many of these youtubers seems to imply. learning a little of everything now, because I started trading 2 years ago for like 3 months then I stepped off had other things to do, but now when I'm back I'm taking it slowly, but what is the good thing? I'm trying to dig in trading...
- #1,221,309
- Jun 29, 2023 12:23am Jun 29, 2023 12:23am
- Joined Apr 2015 | Status: Trader | 1,068 Posts
follow the direction and look for reasons to stay with it
cheers,
cheers,
"the public is not yet ready for it" W.D. GANN
- #1,221,312
- Jun 29, 2023 7:54am Jun 29, 2023 7:54am
- Joined Apr 2015 | Status: Trader | 1,068 Posts
follow the direction and look for reasons to stay with it {image} cheers,
"the public is not yet ready for it" W.D. GANN
- #1,221,313
- Edited 9:00am Jun 29, 2023 8:27am | Edited 9:00am
- Joined Dec 2012 | Status: Trader | 4,724 Posts
The Average Discount Everything
- #1,221,314
- Jun 29, 2023 11:12am Jun 29, 2023 11:12am
- Joined Dec 2012 | Status: Trader | 4,724 Posts
The Average Discount Everything
- #1,221,315
- Edited 3:34pm Jun 29, 2023 3:18pm | Edited 3:34pm
Enjoy the ride and watch out{image}
Watch out for the ones who argue a lot, they're toxic losers and time wasters
- #1,221,316
- Edited 9:57pm Jun 29, 2023 9:45pm | Edited 9:57pm
- Joined Dec 2012 | Status: Trader | 4,724 Posts
EURUSD price movement depends on the needs of the ECB and FED. Yesterday FED, showing good GDP and unemployment signals. Price movements are also aligned with the news release. This suggests that the FED needs a decrease in the EURUSD price.
Some considerations:
1. You can see the Hns pattern on the H4 tf.
2. The price is forming sub wave iv of wave 3 (50% sub wave iii) in tf monthly.
3. US economy growth so faster.
4. US economy so strong.
5. conclusion from cnbc meet 4 President of central bank (like before eurusd down from uptrend tf monthly, 3 President central bank meet to discuss, FED, ECB, China central bank).
Some considerations:
1. You can see the Hns pattern on the H4 tf.
2. The price is forming sub wave iv of wave 3 (50% sub wave iii) in tf monthly.
3. US economy growth so faster.
4. US economy so strong.
5. conclusion from cnbc meet 4 President of central bank (like before eurusd down from uptrend tf monthly, 3 President central bank meet to discuss, FED, ECB, China central bank).
The Average Discount Everything
- #1,221,318
- Jun 30, 2023 10:18pm Jun 30, 2023 10:18pm
- Joined May 2023 | Status: Trader | 117 Posts
Seasonal update for July:
Historically it's been a lackluster month for EUR/USD.
Historically it's been a lackluster month for EUR/USD.
- #1,221,319
- Jul 2, 2023 3:31pm Jul 2, 2023 3:31pm
- Joined Dec 2015 | Status: Trader | 8,774 Posts
If you are tracking the EURUSD this week, consider this technical perspective from a medium-term swing trader. EURUSD price action on the daily time frame has turned sideways. A few days ago, price action made a bullish surge above the 1.07900 area (blue), which coincides with the 61.8 Fib retracement of the dominant bearish swing on the weekly time frame. Although the present sideway of price action represents a pause in directional momentum, we cannot rule out further bullish move for liquidity grab before a bearish rotation. The 1.10765 area (red) is the next significant horizontal resistance and coincides with the 78.6 Fib retracement of the dominant bearish swing on the weekly time frame.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money