Overall bullish view. Short only if these level breaks and retest it. support 1.12004-1.11947.
Attached Image (click to enlarge)
- #176,162
- Jul 16, 2023 9:42am Jul 16, 2023 9:42am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Happy new week mates!
Dear fellow traders, I sure hope you had a nice weekend
I for one did not have the pleasure of spending time in CostaRica, but I sure felt the warnth and joy of it, thanks to the beautiful weekend share of Ironman777.
As for me, it was my sister's birthday and I was fortunate to have her by my side. We did not hold back regarding hugs and as many deep exchanges as our hearts could sustain in such short time.
Isn't life truly grand when what really matters in this hard-to-understand life takes all the space it deserves at last. I never feel more blessed than in these moments. I am transforming my life to have more and more of them, till only they make up my life, and for the rest of it.
Eurusd!!
!!
For my Intraday Monday, I will continue Monday with:
And alas, despite all the usual hypnotizing merry-go-rounding 
efforts from both sides, we are still in
and unless it opens with an outrageous gap, I've got the same plan as shared above, among other ohh sooo crazy plans, as usual 
Long-term ramblings coming up !
Dear fellow traders, I sure hope you had a nice weekend
I for one did not have the pleasure of spending time in CostaRica, but I sure felt the warnth and joy of it, thanks to the beautiful weekend share of Ironman777.
As for me, it was my sister's birthday and I was fortunate to have her by my side. We did not hold back regarding hugs and as many deep exchanges as our hearts could sustain in such short time.
Isn't life truly grand when what really matters in this hard-to-understand life takes all the space it deserves at last. I never feel more blessed than in these moments. I am transforming my life to have more and more of them, till only they make up my life, and for the rest of it.
Eurusd!!
!!For my Intraday Monday, I will continue Monday with:
.. 1 winning cycle complete. But 2nd cycle is ongoing and will be concluded tomorrow with, of course:{quote}After each cycle - adapted mm. Also, TPs are dynamic with range size. Some of my perBar strats are completely different, some with average r/dd TP, some with BEs, multiple far-reachingTPs, multiple trailing stops+TPs, etc. Depends on my other holdings + setups of the moment + evolution of price dynamics. Will be going for a third cycle when/if price is back< both cycles+conditions are favorable, but,...
...at EU open, my 2nd winning cycle finally ended, and now, as shared yesterday, waiting to see if we can get decent setup under both, so <1200: {quote} {quote} {quote} Cheers mates, and I could never thank you enough Ata for everything that you are doing. Mates, thank you for being there and super big thanks for sharing your own trading/insights/positivity/encouragement/kindness/laughter. I for one appreciate it all immensely. That said, Go <.12 support action!!!!...
efforts from both sides, we are still in{quote}.... the middle of the range midst a Ranging Heaven. Waiting for return from high above to get in mid-highs, or the opposite, and of course, when in a larger trend, keeping some when reached usual TP, moving SL at BE, just in case ranging ceases there, and, you know, blows right past this Ranging Heaven like: {image}
Long-term ramblings coming up !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #176,163
- Edited 12:07pm Jul 16, 2023 11:28am | Edited 12:07pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Warning: inBold are the LEAST important parts of this rambling.
As we know, the context/conditions (location, time, dynamics, momentum, volatility, etc.) in which any given pattern happens, becomes the pattern in real-time(like Pele "becoming the ball"!). A given pattern rarely has the same relevance/accuracy if it happens in the highs, or under ranging condition, or in the middle of above-average volatility, alongside a specific candlestick pattern, in a previously overly-fought-for level, and on and on 
. Every piece of the puzzle depends on the puzzle and vice-versa, just as thought shapes language and, in return, language shapes thought... But enough gibberish, let's get to the nitty-gritty!
Last week, Mr.Price
has walked into one very dangerous(or dangerously fun if you're into that kind of wildness)cowboy saloon(onChart rectangle) 
!
Si si, Mucho Turbulenca possibla in esta region
!!!
The quality of this upmove is great on many levels and in many forms indeed. Not even the crazy
bear that I am can deny that.
Alas, this month, this quarter, the end of 2023 and possibly even further into the future, is dependent on the much larger picture, on which my own long-term usd holdings largely depend.
I hope this art masterpiece of mine will be enjoyed by at least one of you as much as I enjoyed creating it :
Chart - 12H cycle in full action with previous determinant struggles and spicy Texas goodies of all kinds highlighted, with price now within range of previous predominant downBreakOut+start of my present 12HbasedCycle(2022.2,1.13x-0.95x-?), which came out of the very important and very similar +-700 bars,1.13-1.23-1.13 cycle(yes, the COVID cycle), and that sent price to 0.95 like a straight arrow, and now back to 1.12, like a drunken kung-fun master .
Zoom-out view with that (COVID)cycle coming up!
.As we know, the context/conditions (location, time, dynamics, momentum, volatility, etc.) in which any given pattern happens, becomes the pattern in real-time(like Pele "becoming the ball"!). A given pattern rarely has the same relevance/accuracy if it happens in the highs, or under ranging condition, or in the middle of above-average volatility, alongside a specific candlestick pattern, in a previously overly-fought-for
level, and on and on . Every piece of the puzzle depends on the puzzle and vice-versa, just as thought shapes language and, in return, language shapes thought... But enough gibberish, let's get to the nitty-gritty!Last week, Mr.Price
has walked into one very dangerous(or dangerously fun if you're into that kind of wildness)cowboy saloon(onChart rectangle) !Si si, Mucho Turbulenca possibla in esta region
!!!The quality of this upmove is great on many levels and in many forms indeed. Not even the crazy
bear that I am can deny that.Alas, this month, this quarter, the end of 2023 and possibly even further into the future, is dependent on the much larger picture, on which my own long-term usd holdings largely depend.
I hope this art masterpiece of mine will be enjoyed by at least one of you as much as I enjoyed creating it : Chart - 12H cycle in full action
with previous determinant struggles and spicy Texas goodies of all kinds highlighted, with price now within range of previous predominant downBreakOut+start of my present 12HbasedCycle(2022.2,1.13x-0.95x-?), which came out of the very important and very similar +-700 bars,1.13-1.23-1.13 cycle(yes, the COVID cycle), and that sent price to 0.95 like a straight arrow, and now back to 1.12, like a drunken kung-fun master .Zoom-out view with that (COVID
)cycle coming up!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #176,164
- Edited 12:08pm Jul 16, 2023 11:54am | Edited 12:08pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
... this month, this quarter, the end of 2023 and possibly even further into the future, is dependent on the much larger picture, on which my own long-term usd holdings largely depend.
Both start off from a breakout, July2020 and Feb2022, In between, a great 3Months300pipsRanging "Saloon" bar shootout which I have had the privilege to go through with some of you about 15months ago
(already
) !2nd cycle is still in full action
, perhaps a return within previous cycle, we might see it soon ! This 2nd still forming cycle is, as of this quarter, within close range of the end of the previous cycle(+-700 bars), from which I often use #bars/2 for MA parameters, and this new MA's " branches", approximately /2 and/or *2 variants, similarly to our fellow trader Js3mwtRc : halves, doubles, etc. of a given MA, which I also use in many other ways without taking cycles into account, but with very different parameters, of course.Zoom-Out-2 Weekly with 2 cycles, but with the additional determinant struggles in these same levels, and a view of the longer-term downtrend.
That said.
May we trade according to our well and completely researched rules, with the skills of the kung-fu Master, and adaptability and long-term strength of water, with the sharpest of minds, and, of course....
with discipline of STEEL
! 
If I don't mention SL and/or TP = longer-term setup possibly in the works!
We have bulls power reduction at H1. As we passed 5 waves from may 31 there should be a-b-c till we meet S lane of D1 bollinger (suppose 61.8/78.6). And then we`ll start euro rally till end of year. May be up to .1750.
p.s. still waiting for fibo 61.8 (.1275) D1 reaction but i guess that`ll be black candle.
p.p.s. or we just drop f*** EU piano right from fibo 61.8
p.s. still waiting for fibo 61.8 (.1275) D1 reaction but i guess that`ll be black candle.
p.p.s. or we just drop f*** EU piano right from fibo 61.8
- #176,167
- Jul 16, 2023 5:15pm Jul 16, 2023 5:15pm
- Joined Nov 2006 | Status: Trader | 4,417 Posts
what is the relevance of these lines when it comes to eurusd, what are you predicting
not predicting anything...... was merely pointing out the trading concepts which might lean towards selling at this point...... trying to do it in a respectful and subtle manner.....
the lines, assuming your referring to the butterfly pattern, might be predicting a a slight retrace in the uptrend to somewhere between 1150 and 1142 ..... 100 pips.....
losses are well known to me..... and they seem to get pleasure in reminding of that fact.....h
//-----
to trade and code, keep both simple... no call to impress....h
- #176,169
- Jul 16, 2023 7:14pm Jul 16, 2023 7:14pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
My chart for now
if the current high holds then we will go down to test weekly pivot 
if the current high holds then we will go down to test weekly pivot
Patience, Emotion Control and Discipline.
- #176,170
- Jul 16, 2023 11:01pm Jul 16, 2023 11:01pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
Good week, most probably a ranging day with the edges signaling a continuation, to where? 1.1275/1.1300 up and 1.1170/1.1140 down
15 min
Have a great day.
15 min
Have a great day.
Looking for profitable short term trades ...|
- #176,172
- Jul 17, 2023 12:53am Jul 17, 2023 12:53am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Risk comes from not knowing what to do
- #176,173
- Edited 1:34am Jul 17, 2023 1:14am | Edited 1:34am
- | Commercial User | Joined Jul 2013 | 7,883 Posts
We watch the charts from every angle so you don't have to!!
- #176,174
- Edited 1:49am Jul 17, 2023 1:33am | Edited 1:49am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
Patience, Emotion Control and Discipline.
- #176,175
- Jul 17, 2023 1:41am Jul 17, 2023 1:41am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
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- #176,178
- Jul 17, 2023 2:13am Jul 17, 2023 2:13am
- | Commercial User | Joined Jul 2013 | 7,883 Posts
We watch the charts from every angle so you don't have to!!
- #176,179
- Jul 17, 2023 2:29am Jul 17, 2023 2:29am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
this is what it looks like to start a low range and sideway move, just be careful next week from a Wyckoff pattern like few days ago. price must clear the cloud(or BB lower band) and make LH to enter sells. {image} cheers,
conservative approach:
to buy: HH=confirmation, HL=buy entry
to sell: LL=confirmation, LH=sell entry
it' better to sit on your hands when range is very low, not worth the risk.
cheers,
"the public is not yet ready for it" W.D. GANN
- #176,180
- Jul 17, 2023 2:30am Jul 17, 2023 2:30am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!