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  • #188,241
  • Feb 8, 2024 2:48am Feb 8, 2024 2:48am
Quoting pedro319
{quote} Unfolding part 2. {quote} The H1 previous candle tried to clear the stops of the candle before, after that traders are not going there anymore, there is no point, now everyone joins in the same direction. W&R is a reversal candle in itself. Pure market mechanics {image} {image}
Great explanation of the market dynamics at play!

Do you think we can move and end lower in the day?
Looking for profitable short term trades ...|
  • #188,242
  • Feb 8, 2024 2:55am Feb 8, 2024 2:55am
Quoting Js3mwtRc
We are at the crossroad, but watch! Bulls need a close above 100 daily sma to turn the price up to 1.0880 - monthly pivot and bears only a close below 1.0730 - S1 weekly to get to 1.0640! Daily {image}
Remember this?
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Looking for profitable short term trades ...|
  • #188,243
  • Feb 8, 2024 2:58am Feb 8, 2024 2:58am
Quoting Js3mwtRc
{quote} Great explanation of the market dynamics at play! Do you think we can move and end lower in the day?
I would expect 61.8 pullback to 1.0750-46 normally.
If market is not even able to do that, it just tells us what we need to know.
We watch the charts from every angle so you don't have to!!
  • #188,244
  • Feb 8, 2024 3:01am Feb 8, 2024 3:01am
This is still my target for this week.
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  • #188,245
  • Feb 8, 2024 3:06am Feb 8, 2024 3:06am
Quoting pedro319
{quote} I would expect 61.8 pullback to 1.0750-46 normally. If market is not even able to do that, it just tells us what we need to know.
true says
Patience, Emotion Control and Discipline.
  • #188,246
  • Feb 8, 2024 3:10am Feb 8, 2024 3:10am
Quoting pedro319
{quote} I would expect 61.8 pullback to 1.0750-46 normally. If market is not even able to do that, it just tells us what we need to know.
I seen it in my dream!

A sign it will come!
Looking for profitable short term trades ...|
  • #188,247
  • Feb 8, 2024 3:11am Feb 8, 2024 3:11am
Quoting Traderview
It is better to wait until the US numbers. I think it'll be a positive for bulls. 1.0760 - 1.0740 is support. DXY need to stay below 104. Let's see
make Green pibs on 5 min chart double Top and sell .as you show r1 weeks open
Now price reached day open an react again goes up
Y think market will go down let’s see
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Scalping
  • #188,248
  • Feb 8, 2024 3:37am Feb 8, 2024 3:37am
I’m in a short term buy until USD news comes out later today. I’m still holding my swing trade sells until the end of the month. (Week of NFP)
  • #188,249
  • Feb 8, 2024 3:37am Feb 8, 2024 3:37am
Closed my short and bought at .0770. That weekly candle is going green.
Frequently wrong but never in doubt
  • #188,250
  • Feb 8, 2024 3:40am Feb 8, 2024 3:40am
Quoting Js3mwtRc
{quote} I seen it in my dream! A sign it will come!
I myself eagerly waiting for it!
Stop Procrastinating
  • #188,251
  • Feb 8, 2024 3:42am Feb 8, 2024 3:42am
Quoting Js3mwtRc
EU continued to 1.0787 this morning after it found support at 1.0756 yesterday, ranging, more resistance is at 1.0816/22 and the goal is to reach there as long as it stays above support. Daily volatility (range) 49 pips Significant news - US Initial Jobless Claims 15 min {image} Green pips!
Probabilities for an upside break are growing! The pivot was perfectly helped the bounce!
Looking for profitable short term trades ...|
  • #188,252
  • Feb 8, 2024 3:47am Feb 8, 2024 3:47am
Quoting andvk74
This is still my target for this week. {image}
Daily 50sma sits @ 1.0896

In-between 1.0818 is MOnthly open and 1.0833 200sma on daily.
  • #188,253
  • Feb 8, 2024 3:48am Feb 8, 2024 3:48am
Quoting Js3mwtRc
{quote} Probabilities for an upside break are growing! The pivot was perfectly helped the bounce!
Until 1.0790 breaks let's not throw tin he towel!
We watch the charts from every angle so you don't have to!!
  • #188,254
  • Feb 8, 2024 3:49am Feb 8, 2024 3:49am
Quoting ahmerjamil
{quote} I myself eagerly waiting for it!
I'm getting a cigar while we wait we can enjoy it!
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Looking for profitable short term trades ...|
  • #188,255
  • Feb 8, 2024 3:52am Feb 8, 2024 3:52am
Quoting Js3mwtRc
{quote} I'm getting a cigar while we wait we can enjoy it! {image}
I told you smoking is not good for you!!
We watch the charts from every angle so you don't have to!!
  • #188,256
  • Feb 8, 2024 3:55am Feb 8, 2024 3:55am
Today Pivots & Daily Range
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  • #188,257
  • Feb 8, 2024 3:59am Feb 8, 2024 3:59am
I’m adding a short again at the 1.0800
  • #188,258
  • Feb 8, 2024 4:05am Feb 8, 2024 4:05am
Quoting pedro319
{quote} I told you smoking is not good for you!!
Anything you say doc!
Looking for profitable short term trades ...|
  • #188,259
  • Feb 8, 2024 4:11am Feb 8, 2024 4:11am
Quoting Js3mwtRc
{quote} I'm getting a cigar while we wait we can enjoy it! {image}
Smoking injurious to health!
Stop Procrastinating
  • #188,260
  • Feb 8, 2024 4:19am Feb 8, 2024 4:19am
Two possible scenarios, at 1 hour, we are in the bearish.
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Looking for profitable short term trades ...|
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