15m-1H engulfing the hammer time! all my >1.0813 shared shorts have SL now at 1.0813!!!!!! Let's make it a bigger hammer now ! {image}
I enjoy reading your funny posts
There is nothing wrong with being kind & loving to each other
- #178,741
- Aug 23, 2023 1:05pm Aug 23, 2023 1:05pm
- Joined Nov 2021 | Status: I'm colorful and happy | 1,261 Posts
I enjoy reading your funny posts
- #178,743
- Aug 23, 2023 1:50pm Aug 23, 2023 1:50pm
- | Commercial User | Joined Jul 2013 | 7,907 Posts
{quote} Meaning ?
We watch the charts from every angle so you don't have to!!
- #178,745
- Edited 4:01pm Aug 23, 2023 3:30pm | Edited 4:01pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
{quote} Hahaaa beautiful, I like that. Look at the sport we are in, it is a blood sport, I'm in the markets to take my share and leave.
Not sure from here we are back to todays starting channel. Weekly still hasn't had an acceleration of a BO so it's possible we maybe in this area for a LT consolidation.
ST possibly a little higher but bears would be wary creating a right shoulder of a H&S pattern. Asian session may actually have some liquidity. Unsure so covering my trade.
As the lights go by so too do the shadows move
- #178,746
- Aug 23, 2023 4:14pm Aug 23, 2023 4:14pm
- Joined May 2014 | Status: Full Time Trader | 27,290 Posts
Quick DAILY Outlook
- As some of you remember, I like to keep track of the flow of candles that had been wandering inside the second ellipse. A few days ago, candles finally stepped out of it with a mildly bearish slope.
- Bull's concern should not be that candles drop out of ellipse. What is more important is the current bearish pressure that somehow keeps candles below the dashed trendline despite the fact that bulls tried real hard to break above it yesterday. (weekly resistance level interfered and sabotaged bullish efforts). I still would like to see a strong breakout to the upside though (scenario 1) but somehow MM's and data are both delaying this wish. Therefore, bulls must stay alert but also be patient!
- 1.0833 area has become my new "extra" support because 1.0888 area (i.e. the most recent breakout level from bigger ellipse) didn't support good enough. Candles are now trapped between these levels and we need a fresh breakout. Until then, we probably will watch pa drifting in a sideways fashion.
- Long story short: As long as 1.0833 area acts supportive, I will look for bullish signs and keep buying dips.
I hope it helps... Best wishes 
Focus only on what truly matters!
- #178,747
- Aug 23, 2023 5:26pm Aug 23, 2023 5:26pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,038 Posts | Online Now
Share similiar view with Ata here.
bull should try to defend 0845 area and of course 0833 0825 are also important. Then if this is the case and we break above 0870 we should fly higher
bull should try to defend 0845 area and of course 0833 0825 are also important. Then if this is the case and we break above 0870 we should fly higher
Patience, Emotion Control and Discipline.
- #178,748
- Aug 23, 2023 5:56pm Aug 23, 2023 5:56pm
- Joined Sep 2017 | Status: Trader | 11,372 Posts | Online Now
- #178,749
- Aug 23, 2023 7:34pm Aug 23, 2023 7:34pm
- Joined Jul 2011 | Status: Trader | 3,183 Posts
Holy Betting Grail strategy
- #178,750
- Aug 23, 2023 8:43pm Aug 23, 2023 8:43pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #178,751
- Aug 23, 2023 10:49pm Aug 23, 2023 10:49pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,510 Posts
EU recovered yesterday but it faces strong resistance between 1.0890/1.0930. Support comes at the lows. Watch any previous levels EU has memory - 30 min chart. 
Daily Volatility (range) - 47 pips
Significant News - US Initial Jobless Claims, US Durable Goods ...
... and also today jacksons hole symposium starts even if powell speaks tomorrow we should watch for any fed officials.
Have a great day.
Daily Volatility (range) - 47 pips
Significant News - US Initial Jobless Claims, US Durable Goods ...
... and also today jacksons hole symposium starts even if powell speaks tomorrow we should watch for any fed officials.
Have a great day.
Looking for profitable short term trades ...|
- #178,752
- Aug 23, 2023 10:57pm Aug 23, 2023 10:57pm
EU recovered yesterday but it faces strong resistance between 1.0890/1.0930. Support comes at the lows. Watch any previous levels EU has memory - 30 min chart.
Thank you and to you too.
Stay green
Cheers
Done for the day ! It was nice to see you mates. Take good care! 1H choppiness humpyness
