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EURUSD only

  • #178,221
  • Aug 16, 2023 11:12pm Aug 16, 2023 11:12pm
Buy order pending at 0853.
  • #178,222
  • Aug 16, 2023 11:42pm Aug 16, 2023 11:42pm
Quoting fxpipper
Buy order pending at 0853.
Oh noo, cancel that order before they sweep the buyside liquidity as the price moves down.
  • #178,223
  • Aug 16, 2023 11:47pm Aug 16, 2023 11:47pm
on support level, bears look strong
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Profit is on the other side of your mind
  • #178,224
  • Aug 17, 2023 12:52am Aug 17, 2023 12:52am
Quoting Enagy
Have come to realise the pa can stay any where she like no matter the trend and there is nothing any trader can do about it,now this is my advice,if you want be a trader study very well don't pay for signal to any body on earth except God who created heaven and earth,I'm still trading my demo I have messed up in the past
Brother study more hard and I wish you good luck on your study
Many here that have traded 10years here don't accept there mistakes
Tradeing is not your mate
  • #178,225
  • Aug 17, 2023 1:10am Aug 17, 2023 1:10am
Quoting Enagy
Have come to realise the pa can stay any where she like no matter the trend and there is nothing any trader can do about it,now this is my advice,if you want be a trader study very well don't pay for signal to any body on earth except God who created heaven and earth,I'm still trading my demo I have messed up in the past
Totally agrre...wasted a lot of money on useless indicators ( especially the ones with trading arrows) and of course on robots ( if u see high return in a short period of time is because they run multiple accounts on high risk and only post the succesfull ones) . And when the market changes they dissapear with your balance.
It took me almost 20 years to learn : retail trading was made to take your money :-) if you can keep this in mind and trade according to that then you have a chance to make money....go low risk on your balance and with a low or normal risk reward ratio!
Myself :I only use support demand zones, and only in trend direction which i created with MACD and moving avarages etc, important levels.....and try to cut a little piece of the pie day by day ......now it does not take too much of my time mostly 1 hour....i wanna live my life :-)
But that is just me ! Good trading everyone!
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DayTradeMonkey
  • #178,226
  • Aug 17, 2023 1:14am Aug 17, 2023 1:14am
Quoting Js3mwtRc
EU moved lower after the FOMC minutes yesterday as predicted and is targeting a significant support zone on the daily chart at 1.0854/33. Higher 1.0900 should cap any bullish attempt to 1.0935/50. Daily Volatility (range) - 47 pips Significant News - US Initial Jobless Claims. Daily {image} Have a great day This is how I see EU today at 15 min. The down area is from the daily chart, it's a zone where EU might bounce to the upper side and try to break towards 1.1000/65 first and the upper area just the high at 1.0900 and the...
Up or down stronger? Already 4 down days.
Fundamental provide Volume, Technical shows Direction
  • #178,227
  • Aug 17, 2023 1:20am Aug 17, 2023 1:20am
Sell Limit 0890 - 0896, for 30 - 50 pips
Holy Betting Grail strategy
  • #178,228
  • Aug 17, 2023 1:21am Aug 17, 2023 1:21am
Quoting LucasT
{quote} Up or down stronger? Already 4 down days.
Down, it may consolidate but only above yesterday's high medium strength bulls will take over.
Looking for profitable short term trades ...|
  • #178,229
  • Aug 17, 2023 1:58am Aug 17, 2023 1:58am
Quoting Niily
{quote} Bull continue to build their positions "More and more obvious". I'm still waiting around 1.08330 (maybe today). If the price continues to move down to 1.08250 there will be another scenario.
I mark 1.09 as critical resistance and 1.08330 as critical support on further action. Will try to sell near 1.09 and buy near 1.0833
Keep the faith and keep going
  • #178,230
  • Aug 17, 2023 1:59am Aug 17, 2023 1:59am
Sell limit @1.08948
Sl 50 pips
Tp@ 1.08440
Risk comes from not knowing what to do
  • #178,231
  • Aug 17, 2023 2:12am Aug 17, 2023 2:12am
Attached Image (click to enlarge)
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  • #178,232
  • Aug 17, 2023 2:14am Aug 17, 2023 2:14am
Quoting andvk74
{image}
What's the name of this pattern
Looking for profitable short term trades ...|
  • #178,233
  • Aug 17, 2023 2:16am Aug 17, 2023 2:16am
Quoting Niily
{quote} I mark 1.09 as critical resistance and 1.08330 as critical support on further action. Will try to sell near 1.09 and buy near 1.0833
Scalp sell +4.1 pips
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Keep the faith and keep going
  • #178,234
  • Aug 17, 2023 2:21am Aug 17, 2023 2:21am
Quoting Js3mwtRc
{quote} What's the name of this pattern
This is NOT a pattern. I see that EUT takes out a level TWICE, most of the time. And if it's taken just ONCE, it comes back to it later on again. Something like this.
  • #178,235
  • Aug 17, 2023 2:28am Aug 17, 2023 2:28am
Quoting andvk74
{quote} This is NOT a pattern. I see that EUT takes out a level TWICE, most of the time. And if it's taken just ONCE, it comes back to it later on again. Something like this.
Twice! Right this what I see. It will come back at least once to test it the most of the times and only some times it will break out without looking back for many days, weeks, etc. I believe that this is an opportunity to go short.
Looking for profitable short term trades ...|
  • #178,236
  • Aug 17, 2023 2:36am Aug 17, 2023 2:36am
Quoting pedro319
Ideally we get something like this. Break above 1.0952 cancels pattern. {image}
Pattern still forming.
One of the possibilities is: during news, a quick touch on one or both extensions and sharp turn around.
1.0850 has the best chance but 1.0835 cannot be ignored.
Bounce and chance to move stops is the biggest advantage of the pattern along with accurate estimation of potential targets.
Good luck.
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We watch the charts from every angle so you don't have to!!
  • #178,237
  • Aug 17, 2023 3:02am Aug 17, 2023 3:02am
Good morning, hope you're great. The support level held* up today, well done to the bulls. Also, in 4 hours, there will be red news, so anything can happen lol;
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  • #178,238
  • Aug 17, 2023 3:06am Aug 17, 2023 3:06am
Meanwhile, on H1..

Channel inside channel! Can bulls break above red channel (=1.0910) at least? Time will tell...

The first bullish sign would be a break above 1.0883 area.. Let's see... Zzzzzzzzz....
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Focus only on what truly matters!
  • #178,239
  • Aug 17, 2023 3:09am Aug 17, 2023 3:09am
Quoting Js3mwtRc
EU moved lower after the FOMC minutes yesterday as predicted and is targeting a significant support zone on the daily chart at 1.0854/33. Higher 1.0900 should cap any bullish attempt to 1.0935/50. Daily Volatility (range) - 47 pips Significant News - US Initial Jobless Claims. Daily {image} Have a great day This is how I see EU today at 15 min. The down area is from the daily chart, it's a zone where EU might bounce to the upper side and try to break towards 1.1000/65 first and the upper area just the high at 1.0900 and the...
It stalled here at 0880, 0.618% a known area where around 1 billion euros expire today, 0900 and 0850 are the next levels that EU may target in a rise or fall. 0850 offers a better reward but it is not always what EU will do, it may rise up to 0900 first, so take care

Attached Image (click to enlarge)
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https://www.forexlive.com/
Looking for profitable short term trades ...|
  • #178,240
  • Aug 17, 2023 3:31am Aug 17, 2023 3:31am
Good Morning,

Train leaving to 1.093 from platform #2 ? Or delayed...
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