If I don't mention SL and/or TP = longer-term setup possibly in the works!
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,851 Posts
{quote} waiting for the 4rth drop from the highs of this +-08-0850 ranging? Me too. Still slightly more probable than a continuation of uptrend, in all this indecision and big news yet to come... Need many more bulls to brake free from this 7trading days choppiness. Hence the need for the Event Horizon and Black Hole at 0866, without which, its mostly back to the middle, at least (0830s), again. A good vaccun would first bring it straight +-20 pips above, so around 0886 but until that happens, Most likely is back in 0830s still for me.
Looking for profitable short term trades ...|
- Joined Sep 2020 | Status: Trader | 8,311 Posts
{quote} Bears need to wait till what happens at the top of last Tuesday High
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- Joined Sep 2020 | Status: Trader | 8,311 Posts
{quote} Us filled eu at the trendline for second time from the morning after the break up, most of the times it retraces back...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- Joined Sep 2020 | Status: Trader | 8,311 Posts
!At last my dear fellow traders!!! We have arrived at 0865(only took100some trading hours!), so I now update my posts regarding part of my bigger picture and my day's folly:Last Main Move has been from 0690s to 0880s. Since then, all closes have been above the 50% of said move, right now attacking the 75%mark. +-25% to go for a new high at last ! Well done beautiful bull, on that scale...
for a new high for that move!...Now, zooming out: Last Main Move has been from 0.95x to 1.12x. Since then, all closes have been above the 50% of said move, right now attacking the 75%mark.+-25% to go for a new high at last...
...I see much of what is happening as an indecision period. Think of this last month but on the much larger scale. In not-so-good-a-trend, it has been great to buy in the mid-lows when returns from the lows and opposite when returns from the highs. I am waiting more for the latter, and on levels such as >09(see my last shared TPs), 1.13 and 1.2. If bears gather enough momentum to change the above mentioned tide, this rise could stop at any moment, and I have plans for that. But until it does, why fight it
, and although I joyfully lost all my surviving first cycle tight-stops at BE, click here for details:Given the sideways action we have been having for many days:{quote}, I also have more SLs moved at BE than usual, when price is in them mighty highs from which it has been accustomed to fall from, again and again. Since a drop from the intraday highs to the mid-highs will probably, at least, send price right back to the middle of all these days(0830s), the Following underlined positions, which have survived miraculously up to now, have SLs at BE now...
, I have, of course, done the above madness again, for a second cycle, and, again, for a final, but at last successful third. 
! For now though, my day's surviving tight-stops shares are too few to bother sharing, and my losses bountiful and appreciated for, without them, I cannot have even more wins. So let's still wish the remaining newcomers good luck ! For they will greatly need it
!All my older positions which were to have SLs moved at BE once price arrived at 0850 survived as well, very luckily
, up to now
!!:!Buy stop 0825 08257 08264 0827 08287 08325 SL13, BE at 0850!
, which is not only an important milestone of the day for me, but also for my quarter's longs, having started buying late mid-Feb; and it is the first setups that make much of the "beginning" after all:important ! So, may our hard work in these oh-so important beginnings of day, week and month bring us the most bountiful harvest
, so that the remainder of these periods be less about work and more about enjoying the fruit of our labour
!! {image}
My best case scenario would be to have already arrived >09 before next big news. Worst case scenario would be a drop below 50% of this last main bull move, mentioned above. Most probable is stuck right between, again
!Also, as we speak, busy Bulls are working hard trying to build a healthy 6th consecutive 8h bull candle. My 3H setup shared earlier, which survived, could become a 8H if this continues like this: long, steady, and high enough. Would be excellent if this steadiness continues, maybe helping my other types of surviving shares like:
Buying every minute time!!! as long as price < 0854!
{quote}updated: as long as price < 0849! My poor trading partner could not keep track with me, RIP
magically and finally stops, opening the Ranging Heaven Exit Gates facing uptrends continuation
... also, 08888, the 2024.02.22, is a magnet to take out tight-stops range sideways strategies...remaining above once reached is of utmost importance for me!... yada yadaBig cheers to all, take good care, good remainder of the day, and may the love and Laugh be with you always,
!P.S Now, look at me
, I think I am Done:
If I don't mention SL and/or TP = longer-term setup possibly in the works!
EUR bulls look good for now. Still more potential ahead, 1.0865 should be next but no red news so we will see how PA goes today. Watching the DXY 4h for a close below D1 EMA 100/50. I would take that as re-affirmation for EURUSD area 1.089-1.09. {image} Can we get a 4H below 100/50 D1EMA? {image}
Don't follow my trades. Challenge my Analysis!
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,851 Posts
{quote} As mainly a low-probability buyer, I am therefore hoping that Mr.Bear is wearing his "improbable outcome" hat
No need to worry my friend I always keep my attention to every detail, and thats if its probably a big one, rare opportunities are extra fun to trade! 
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- | Commercial User | Joined Jul 2013 | 7,185 Posts
My main goal is to keep adding longs, anything else is just very short term!!
Join us free:https://harmonicsprotrader.com/
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,851 Posts
Today has been a bullish day, but the strength hasn't been overwhelming enough to push EURUSD to higher levels like 1.0900. It's also true that some bearish pressure still lingers, which could lead to a retracement back to lower levels around 1.0830.
In terms of volatility, EURUSD has been fluctuating within a relatively tight range, making directional trades a bit challenging. This kind of market environment can result in EURUSD reaching highs and lows without a clear trend, which can be frustrating for traders looking for sustained moves. It's essential to be patient and adapt your trading strategy to these conditions.
Its been very fun trading and chatting with you all, thanks for sharing your views and trades, have a wonderful rest of the day, see you tomorrow!
In terms of volatility, EURUSD has been fluctuating within a relatively tight range, making directional trades a bit challenging. This kind of market environment can result in EURUSD reaching highs and lows without a clear trend, which can be frustrating for traders looking for sustained moves. It's essential to be patient and adapt your trading strategy to these conditions.
Its been very fun trading and chatting with you all, thanks for sharing your views and trades, have a wonderful rest of the day, see you tomorrow!
Looking for profitable short term trades ...|
- Joined May 2014 | Status: Full Time Trader | 23,867 Posts
Bulls are not eager but still doing good.
For today: If bulls can keep price above 1.0838-ish levels, the rise can continue.. Let's see..
Happy trading day to all
For today: If bulls can keep price above 1.0838-ish levels, the rise can continue.. Let's see..
Happy trading day to all
Be a seer, not a looker!
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,851 Posts
EU is giving back the gains it did yesterday after it rised from 1.0837/40 to 1.0867. Today we should see more price action, the bull can still reach higher levels unless he drops below the weekly pivot, then the road to 1.0800 will be open.
Daily volatility (range) 53 pips
Significant news - US Factory Orders
4 hours
Have a great day!
Daily volatility (range) 53 pips
Significant news - US Factory Orders
4 hours
Have a great day!
Looking for profitable short term trades ...|
- Joined Jan 2024 | Status: RED SEA | 3,613 Posts
Based on H1, I am marking (1.0839) (1.0831) & (1.0822) as supports!
Good luck!
Good luck!
Stop Procrastinating
- Joined Sep 2020 | Status: Trader | 8,311 Posts
Happy Taco Tuesday everyone l hope I find you well!
For my longs, today is, as usual, mostly about managing big news risk, scaling in and out accordingly, and a lot depends on what price will do from now till news, but a lot more depends on what happens after, when the sky will finally be cleared of news fever
, when blurry muddling news tick dancing volatility will have passed, so basically, I am mostly waiting for dust to settle after news to accept important intraday setups, as I do most times... I have been trading for a couple of hours, scalping the occasional 2-5 pips, and now have a back into 15min range setup, buy stop 0847. But as always, will exit most intraday entries before news, if not all.
Have a great trading day !
l hope I find you well!For my longs, today is, as usual, mostly about managing big news risk, scaling in and out accordingly, and a lot depends on what price will do from now till news, but a lot more depends on what happens after, when the sky will finally be cleared of news fever
, when blurry muddling news tick dancing volatility will have passed, so basically, I am mostly waiting for dust to settle after news to accept important intraday setups, as I do most times... I have been trading for a couple of hours, scalping the occasional 2-5 pips, and now have a back into 15min range setup, buy stop 0847. But as always, will exit most intraday entries before news, if not all.Have a great trading day !
If I don't mention SL and/or TP = longer-term setup possibly in the works!