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EURUSD only

  • #183,981
  • Nov 16, 2023 2:26am Nov 16, 2023 2:26am
The bulls might be trying now;
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  • #183,982
  • Nov 16, 2023 2:31am Nov 16, 2023 2:31am
For now, all I care is: will 1.0857/63 area resist or not... Let's see...
Focus only on what truly matters!
  • #183,983
  • Nov 16, 2023 2:36am Nov 16, 2023 2:36am
Well done to the bulls today;
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  • #183,984
  • Nov 16, 2023 2:46am Nov 16, 2023 2:46am
Quoting Js3mwtRc
This is in play 15 min {image}
The thing with resistance levels is that they can sometimes act as self-fulfilling prophecies traders may start selling if the price gets close to the level, just because they expect it to be a barrier But then again, if the underlying economic data is strong, the price could easily break through that resistance level.
Looking for profitable short term trades ...|
  • #183,985
  • Nov 16, 2023 4:38am Nov 16, 2023 4:38am
Based on H4, I am expecting a retest to 1.0815 area... Coming soon
Focus only on what truly matters!
  • #183,986
  • Nov 16, 2023 4:40am Nov 16, 2023 4:40am
guys ,, 1.0792 is winking at me seductively
Maybe she is playing mischief in my mind
Half of the time, the market is building resistance and support levels, and
  • #183,987
  • Nov 16, 2023 4:44am Nov 16, 2023 4:44am
Quoting Js3mwtRc
{quote} The thing with resistance levels is that they can sometimes act as self-fulfilling prophecies traders may start selling if the price gets close to the level, just because they expect it to be a barrier But then again, if the underlying economic data is strong, the price could easily break through that resistance level.
"traders may start selling if the price gets close to the level, just because they expect it to be a barrier "

Exactly what we have been waiting, the price reacted in a bearish way very near the barrier as bears are seeing this territory!

Now the bulls should try to break that recent high and reach higher.
Looking for profitable short term trades ...|
  • #183,988
  • Nov 16, 2023 4:48am Nov 16, 2023 4:48am
Quoting Js3mwtRc
EU is consolidating the gains it did at the US CPI at Tuesday, now resistance is at 1.0887 and support at 1.0756/72 zone below 1.0800 round number. Critical pivot zone at 1.0862/65. Daily volatility (range) - 42 pips Significant news - US Initial Jobless Claims & US Industrial Production. 1 hour {image} Green pips!
Now you also have to watch for that levels on the bigger image chart I shared at the morning! 1.0800 or lower is a possible target but only if 1.0830 gives up!
Looking for profitable short term trades ...|
  • #183,989
  • Nov 16, 2023 5:03am Nov 16, 2023 5:03am
While H1 candles open below 1.0855, bears have the upper hand!
Focus only on what truly matters!
  • #183,990
  • Nov 16, 2023 5:10am Nov 16, 2023 5:10am
An observation,
The last H4 candle that closed today is identical to the one on 11/13/2023, the resistance line drawn is on the line chart... we can see that the old one on the 13th closed on the line and today too... if a H4 candle close above may continue uptrend again.
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"No pain no gain"
  • #183,991
  • Nov 16, 2023 5:21am Nov 16, 2023 5:21am
If, the first zone doesn't hold EU down then the second should do it at least for some pips! Trade only after the news new traders on demo!

15 min

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Looking for profitable short term trades ...|
  • #183,992
  • Nov 16, 2023 5:50am Nov 16, 2023 5:50am
Quoting Js3mwtRc
If, the first zone doesn't hold EU down then the second should do it at least for some pips! Trade only after the news new traders on demo! 15 min {image}
I beg to differ!

Newbies or advanced traders.. Never trade only on demo... Always start with a real account but newbies should use the smallest amount of equity possible, because all will be lost ... Keep the price of "learning" as low as possible, since there is a painful price to pay and nobody can avoid it!

You can still use a demo account to experiment, or to test the broker, but it should always be secondary. Real account is a must! That way, newbies can immediately begin to experience feelings of gains and losses! That's the only way!

My two cents..

That said... Can we pleeeez focus on EURUSD now? Thanks
Focus only on what truly matters!
  • #183,993
  • Nov 16, 2023 5:53am Nov 16, 2023 5:53am
Quoting Erkat
guys ,, 1.0792 is winking at me seductively Maybe she is playing mischief in my mind
could you show us the chart one day , last few calls was spot on
im wondering what TF you use
  • #183,994
  • Nov 16, 2023 5:56am Nov 16, 2023 5:56am
Quick H4 Status (Repost)....
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Focus only on what truly matters!
  • #183,995
  • Nov 16, 2023 5:57am Nov 16, 2023 5:57am
Quoting Ata-Turkoglu
{quote} I beg to differ! Newbies or advanced traders.. Never trade only on demo... Always start with a real account but newbies should use the smallest amount of equity possible, because all will be lost ... Keep the price of "learning" as low as possible, since there is a painful price to pay and nobody can avoid it! You can still use a demo account to experiment, or to test the broker, but it should always be secondary. Real account is a must! That way, newbies can immediately begin to experience feelings of gains and losses! That's the...
opening more shorts whenever hourly candle close below 856.Have 3 shorts,tp below 800
  • #183,996
  • Nov 16, 2023 5:57am Nov 16, 2023 5:57am
It would be best if we wait for the news.

I forecast the market will go long
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  • #183,997
  • Nov 16, 2023 6:11am Nov 16, 2023 6:11am
Quoting Ziemowit
{quote} could you show us the chart one day , last few calls was spot on im wondering what TF you use
Thank you very much my friend for your positive opinion⁦⁦⁩
In fact, only a little more than half of them are correct, and there are a lot of mistakes
At the same time, since I have been spending more than 14-15 hours a day with the chart for years, all my receipts from the chart are purely sensory.
Of course, the respectable phenomenon below is not unaffected⁦⁩
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Half of the time, the market is building resistance and support levels, and
  • #183,998
  • Nov 16, 2023 6:19am Nov 16, 2023 6:19am
Meanwhile, on H1...

Still waiting... Let's see which scenario plays out at the very end.. Until news: Zzzzzzz....
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Focus only on what truly matters!
  • #183,999
  • Nov 16, 2023 6:23am Nov 16, 2023 6:23am
Quoting Erkat
{quote} Thank you very much my friend for your positive opinion⁦⁦⁩ In fact, only a little more than half of them are correct, and there are a lot of mistakes At the same time, since I have been spending more than 14-15 hours a day with the chart for years, all my receipts from the chart are purely sensory. Of course, the respectable phenomenon below is not unaffected⁦⁩ {file}
I hate snakes, except that your template is great
  • #184,000
  • Nov 16, 2023 6:34am Nov 16, 2023 6:34am
Quoting Ata-Turkoglu
{quote} I beg to differ! Newbies or advanced traders.. Never trade only on demo... Always start with a real account but newbies should use the smallest amount of equity possible, because all will be lost ... Keep the price of "learning" as low as possible, since there is a painful price to pay and nobody can avoid it! You can still use a demo account to experiment, or to test the broker, but it should always be secondary. Real account is a must! That way, newbies can immediately begin to experience feelings of gains and losses! That's the...
Your two cents are worth a fortune in wisdom! Love the practical advice.
Looking for profitable short term trades ...|
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