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EURUSD only

  • #181,341
  • Oct 5, 2023 8:28am Oct 5, 2023 8:28am
My view of the situation on H1 is that an ascending triangle (bullish pattern) has been forming rather than a raising wedge (a bearish pattern).
Then it is just going to take a little patience, but a substantial move above the resistance is my currrent bias...

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  • #181,342
  • Oct 5, 2023 8:58am Oct 5, 2023 8:58am
Long...last TP 0604
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Holy Betting Grail strategy
  • #181,343
  • Oct 5, 2023 9:06am Oct 5, 2023 9:06am
Quoting Js3mwtRc
{quote} Good news for us, frustrating, price action was better down. Testing a short. Will close at break even if we see 0495.
I am exiting not enough liquidity today, maybe because tomorrow is NFP... boring.
Looking for profitable short term trades ...|
  • #181,344
  • Oct 5, 2023 9:36am Oct 5, 2023 9:36am
My forecast for tomorrow.
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When you see it, BET big.
  • #181,345
  • Oct 5, 2023 9:42am Oct 5, 2023 9:42am
Quoting Forexman1979
If the price continues to stay below high of yeastrday thats meaning the price will go down to touch The area where the lower border of the descending channel meets the lower border of the ascending channel on the daily frame near the conflict candle, with the aim of hitting buy stops and obtaining cheap money and financial density to cover huge purchase contracts... {image}
IF PRICE DON'T BREAKOUT 1.0533 , YOU CAN USE THESE PLAN FOR TRADE ...

i will be close if any change for informe you
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Volume is the soul of the market
  • #181,346
  • Oct 5, 2023 11:01am Oct 5, 2023 11:01am
Quoting Forexman1979
{quote} IF PRICE DON'T BREAKOUT 1.0533 , YOU CAN USE THESE PLAN FOR TRADE ... i will be close if any change for informe you {image} {image}
At this point I don't believe we are gonna have an upside move until next week.
When you see it, BET big.
  • #181,347
  • Oct 5, 2023 11:36am Oct 5, 2023 11:36am
Quoting Forexman1979
{quote} IF PRICE DON'T BREAKOUT 1.0533 , YOU CAN USE THESE PLAN FOR TRADE ... i will be close if any change for informe you {image} {image}
This is why price will keep moving up and it will never drop by a bit lol
  • #181,348
  • Oct 5, 2023 11:40am Oct 5, 2023 11:40am
That sell didnt work out I was in too
  • #181,349
  • Oct 5, 2023 12:03pm Oct 5, 2023 12:03pm
Quoting Enagy
That sell didnt work out I was in too
Selling at the lows...
Seeking Fair Value
  • #181,351
  • Oct 5, 2023 2:03pm Oct 5, 2023 2:03pm
I exited purchases at the close of the last candle chart H1, I entered short.
"No pain no gain"
  • #181,352
  • Oct 5, 2023 2:05pm Oct 5, 2023 2:05pm
Ok, time to back for downtrend, so sell now with SL at 1.0580 and target back around 1.0470-80 and then decide what further.

BR,
Marcin
Everyone makes mistakes, but only few use equity management.
  • #181,353
  • Oct 5, 2023 2:11pm Oct 5, 2023 2:11pm
I'm still dating 1.06393 before something more intense, maybe to love...
"No pain no gain"
  • #181,354
  • Oct 5, 2023 2:27pm Oct 5, 2023 2:27pm
Quoting imjoshbrown
Finally broke yesterday's high of the day. That was NASTY - triple-bottom, last swing low on news. Holding long! UCHF saw an AGGRESSIVE 40-pip stop hunt in a better of 2 hours. I was fast asleep. Hopped in short after the US open on a retest of the upper zone. News helped me get a higher entry. Still holding short! {image} {image}
what is your target with your long.
I have pending shorts at 1.0590.
  • #181,355
  • Oct 5, 2023 2:32pm Oct 5, 2023 2:32pm
Quoting Js3mwtRc
{quote} Enough waiting already eight hours passed after this post, EU stayed in a range, now the only left is the news to decide for the next move. Good luck!
it was slow but we get there at the end, tp all longs @ 0550.
i will start look for short opportunity
Patience, Emotion Control and Discipline.
  • #181,356
  • Oct 5, 2023 2:49pm Oct 5, 2023 2:49pm
Weekly Chart: Is that a Hammer Candle I see forming? 1.083 on retracement here we come! Already up 50 pips from 1.4948 Long on Monday.
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  • #181,357
  • Oct 5, 2023 3:18pm Oct 5, 2023 3:18pm
Quoting pedro319
{quote} Inverted H&S taking shape. As usual, the only points that matter are the bottom of the shoulders and the neckline (1.0614). A H4 close above 1.0531 will close the deal as far as I am concerned. {image}
I have similar outlook. 1.058 before NFP (with /more likely/ or without pullback to 50 fibo) without HH
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In longer term

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  • #181,358
  • Oct 5, 2023 3:25pm Oct 5, 2023 3:25pm
Updating the last post,
https://www.forexfactory.com/thread/...2#post14606072
I'm still dating 1.06393 before something more intense, maybe tomorrow...(Sorry for the mistake, I'll talk to Google about it).
"No pain no gain"
  • #181,359
  • Oct 5, 2023 5:08pm Oct 5, 2023 5:08pm
Good evening, I hope that you are doing well. For tomorrow, I have 1.0575 as resistance, and 1.0529 as support, 1H chart;
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  • #181,360
  • Oct 5, 2023 7:47pm Oct 5, 2023 7:47pm
Quoting 3Davy
{quote} what is your target with your long. I have pending shorts at 1.0590.
I'm about to post the performance. I'm flat for now.
Discouragement is the language of the devil. Results over hype.
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