If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,362
- Nov 22, 2023 9:54am Nov 22, 2023 9:54am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Beware the high break of previous 1H candle 
And meanwhile, still 45 buy stops waiting patiently to get triggered.
Don't worry dear mini-friends, your time will probably come too
And meanwhile, still 45 buy stops waiting patiently to get triggered.
Don't worry dear mini-friends, your time will probably come too
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,363
- Nov 22, 2023 9:58am Nov 22, 2023 9:58am
- | Commercial User | Joined Jul 2013 | 7,883 Posts
Beware the high break of previous 1H candle
Right shoulder of H&S will be the decider.
We watch the charts from every angle so you don't have to!!
- #184,364
- Nov 22, 2023 9:59am Nov 22, 2023 9:59am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
Looking for profitable short term trades ...|
- #184,365
- Nov 22, 2023 10:26am Nov 22, 2023 10:26am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,366
- Nov 22, 2023 10:39am Nov 22, 2023 10:39am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,367
- Nov 22, 2023 10:39am Nov 22, 2023 10:39am
- | Commercial User | Joined Jul 2013 | 7,883 Posts
{quote}I agree, but not much less likely as of yet. Price now stuck in the higher highs of last week. This week, as of now, is covering only about 1/5 of last week's high. And that is not counting the 400 pips leading us here. Therefore, I see this as a very minor retracement, in the context of this quarter. P.S Me and you did very good to have our eyes fixed on 0960, I will never forget that one, cheers dear friend !!!
The way I see it and I don't use the same methods, is that, market makers have more to gain staying in range, breakout of 1.0960 for me means 1.1278.
I do see what the DXY is doing though, has got so much more room down, that makes me think move to 1:10 still possible.
Market could retrace to 1.0680 which is normal for the weekly chart and taking account of market fading previous move down.
As we stand, after that move to 1.0680 a move to 1.13 should follow according to the type of pa we had lately.
For now that H&S is all I got to decipher the enigma.
Cheers mate.
P.S Had some nice chilaquiles last weekend.
We watch the charts from every angle so you don't have to!!
- #184,368
- Nov 22, 2023 10:41am Nov 22, 2023 10:41am
- Joined Jun 2018 | Status: An ordinary brother | 4,596 Posts
{quote} He was referring to your own screenshot. The stochastic indicator is pretty useless in your example as it was "looking up" on 13.11 as well and was horribly wrong afterwards. {image}
{quote} 13.11 was also looking up on Your chart ;P
There will be more.
- #184,369
- Nov 22, 2023 10:45am Nov 22, 2023 10:45am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
- #184,370
- Nov 22, 2023 10:49am Nov 22, 2023 10:49am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
{quote}Is it out of egg yet Ata? P.S you repeated curves observation are having a growing presence in my perspectives lounge. So thankful you have kept them coming and more and more, cheers ! {image}
*I am happy if it inspires and helps...
Focus only on what truly matters!
- #184,371
- Nov 22, 2023 11:09am Nov 22, 2023 11:09am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} I like your explanations! Fascinating! The way I see it and I don't use the same methods, is that, market makers have more to gain staying in range, breakout of 1.0960 for me means 1.1278. I do see what the DXY is doing though, has got so much more room down, that makes me think move to 1:10 still possible. Market could retrace to 1.0680 which is normal for the weekly chart and taking account of market fading previous move down. As we stand, after that move to 1.0680 a move to 1.13 should follow according to the type of pa we had lately....
Your views are peaking my curiosity even more now with these precisions.
That is what I love the most here, the different views. And like there is always a good old MA diverging from a larger MA prior to every significant reversal, two diverging views have always been present prior to a significant change in the dynamics of my perspective on trading.
Speaking of different perspectives. A bird's eye view of this +-400pips, +-350bars cycle of 6H Bulls mimicking Bears again
Them bulls are parroting again.
And less importantly, Zooming out even more, like on some of my last shared charts, we see the whipsaw/sideways/Choppyness/Ranging Heaven that, as I have shared too many times before, in my personal weird view, can bring about more mimicking in general. Good sigh for big bears, well, who wait for Big bulls to be properly done of course.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,372
- Nov 22, 2023 11:21am Nov 22, 2023 11:21am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Beware the high break of previous 1H candle
Don't be sad if you don't make it all the way up to 0930s bulls without a lower low!
You'd get'em next time
, maybe with help of Miss.Asia 
!Ok folks, that is it for me. It was a real pleasure reading you all and exchanging and sharing freely with you kind souls it makes it even better.
Cheers and be well, continue to laugh, hug and doing what gets your blood pumping 
and your happy brain chemicals flowing like a fall !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #184,373
- Nov 22, 2023 11:25am Nov 22, 2023 11:25am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
Don't get caught up in the noise. The markets are full of opinions, rumors, and speculation, but it's important to focus on the fundamentals and stick to your trading plan. And remember, the best traders are the ones who can remain calm and objective in the face of volatility. That's my little bit of parting wisdom for the day, my friend! Until tomorrow again have a great rest of the day! 
Looking for profitable short term trades ...|
- #184,374
- Edited 5:32pm Nov 22, 2023 11:57am | Edited 5:32pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
{quote} i believe so green pips my friend I am looking at daily s2
Patience, Emotion Control and Discipline.
- #184,375
- Nov 22, 2023 2:59pm Nov 22, 2023 2:59pm
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Daily AB=CD Update (Repost)
Some of you will remember this chart which I keep sharing for weeks now...
As you can see bulls are still trying to reach TP2 area BUT the MOFU candle from 14th November has probably some unfinished business which is likely to create some magnetic attractions towards current price. The sideways breakout from most recent trendline therefore already shows that sell pressure is rising.
Overall, I am anticipating that a volatile period is about to start after today. Bulls will attack 1.0915 area and robber banks will try to revisit 1.0666 area... Therefore, fasten your seatbelts to survive the upcoming potential turmoil.
My two cents
Some of you will remember this chart which I keep sharing for weeks now...
As you can see bulls are still trying to reach TP2 area BUT the MOFU candle from 14th November has probably some unfinished business which is likely to create some magnetic attractions towards current price. The sideways breakout from most recent trendline therefore already shows that sell pressure is rising.
Overall, I am anticipating that a volatile period is about to start after today. Bulls will attack 1.0915 area and robber banks will try to revisit 1.0666 area... Therefore, fasten your seatbelts to survive the upcoming potential turmoil.
My two cents
Focus only on what truly matters!
- #184,378
- Nov 22, 2023 10:49pm Nov 22, 2023 10:49pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
EU bounced from 1.0852 low yesterday after the dip it did earlier because of strong us jobs data, resistance is at 1.0922 and a break opens the road for 1.0965 high. I expect the 1.0880 area at the pivot to hold or else it should visit yesterday's lows again and if and that last gives up 1.0825.
Daily volatility (range) - 44 pips
Significant news - EU Services/Manufacturing PMI'S & US banks holiday for Thanksgiving Day
15 min
Have a great day!
Daily volatility (range) - 44 pips
Significant news - EU Services/Manufacturing PMI'S & US banks holiday for Thanksgiving Day
15 min
Have a great day!
Looking for profitable short term trades ...|
- #184,379
- Nov 23, 2023 12:13am Nov 23, 2023 12:13am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
Patience, Emotion Control and Discipline.
