What's keeping me sane at the moment is the fact that the bears are being absorbed
1
- #193,682
- Apr 4, 2024 9:23am Apr 4, 2024 9:23am
- | Commercial User | Joined Jul 2013 | 7,885 Posts
We watch the charts from every angle so you don't have to!!
- #193,683
- Apr 4, 2024 9:30am Apr 4, 2024 9:30am
Many have not planned for bigger-than-usual outcomes, but not here, not us, the EurUsd-only family! We have got it covered and are supportive of one another in countless ways, and it makes this trading adventure even more worthwhile, and in even more ways. We have plans for every type of outcome, be it small, medium, big, probable, improbable, funny, crazy, furry(bear drenched in honey) or horn-y(fiery Bull horns
). We execute them without fear, following our well developed and researched...
One as to be prepared to win and same times lose on this surfing waves we have to know we’re to stop .
Scalping
- #193,684
- Apr 4, 2024 9:37am Apr 4, 2024 9:37am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} Other perspective different view , good stuff of this forum as always . One as to be prepared to win and same times lose on this surfing waves we have to know we’re to stop . {image} {image}
{quote} This is not revenge trading, I think the level could still work despite of taking me out.
I was taken out of many longs right before the rise yesterday as well as right before the rise today
.Like you, I did not hesitate to re-enter with almost as much and much higher still, because bears' moves were always countered swiftly and with even greater skill, therefore the potential on which said long setups relied upon was just as present.
Dynamic trading : nothing is static. It is a dance.
Exits and entries are ever transforming; moving parts, they form one. They are matter and energy, all the same; circling Mr.Price, responding to his every whim.
A strategy learns of and adapts to the evolution of Mr.Price's boogie-woogie dance steps
.He leads, she follows.
She carries her graciously and effortlessly over the dance floor; she is swept off her feet, literally and figuratively.
IF she doesn't follow, doesn't adapt to his skilful footsteps and forever changing styles,
Her feet get clobbered a hundred times before she falls face flat on the floor (ffff)
.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #193,685
- Apr 4, 2024 9:38am Apr 4, 2024 9:38am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,443 Posts
Looking for profitable short term trades ...|
- #193,687
- Apr 4, 2024 9:46am Apr 4, 2024 9:46am
- | Commercial User | Joined Jul 2013 | 7,885 Posts
{quote}Beautifully said, enthralling image. {quote}Even if it is rising as you sell, I perceive that what you are sharing here is what I am living every day. I was taken out of many longs right before the rise yesterday as well as right before the rise today
Jokes aside, this is still good opportunity for 200 pip drop or at least 70 pip correction, so I am all over it.
Like you on taco Tuesday.
We watch the charts from every angle so you don't have to!!
- #193,689
- Apr 4, 2024 9:50am Apr 4, 2024 9:50am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,443 Posts
{quote} price might visit 1.07 before going back to 1.10
Slippery slopes! 
Looking for profitable short term trades ...|
{quote}{quote}Cheers mates! I don't work with volume, so this is very interesting to me. Volume is decreasing but still above average? So Move continues with narrower spreads, high but decreasing volume. Any thoughts on trading with varying volume observations and correlations of the moment is always welcome! Thank you so much for sharing!
For now, everybody sits on the touchline and just watches nobody is out, and fewer people are in. We are expecting the unexpected Dreams don't work unless you do
RealDeal All Time Return:
-73.9%
- #193,692
- Apr 4, 2024 9:59am Apr 4, 2024 9:59am
{quote} I am also not a volume master. From what I learn and see. If the volume decreases means the move is weakening or starting to exhaust. There is no more interest in placing orders in this area or at least below average. If for example, we have Bullish or Bearish candle with increasing volume this can mean a start or new move or solid confirmation of the current one. But of course, this can be because we are not on a specific level or 100 more things. The theory says one but the practice is something completely different
https://www.cmegroup.com/markets/fx/...fx.volume.html
- #193,694
- Apr 4, 2024 10:04am Apr 4, 2024 10:04am
- | Commercial User | Joined Jul 2013 | 7,885 Posts
Slowly really tedious, no correction nothing. As pinned. How long do you think we're going to keep on crawling up here? What are the reasons for this? The FED is holding back with cuts and the ECB somewhere in June... who can make sense of it?
We watch the charts from every angle so you don't have to!!
- #193,697
- Apr 4, 2024 10:12am Apr 4, 2024 10:12am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
Today on CME (Chicago Mercantile Exchange) by 6EM = EUR/USD traded 126000 orders and sellers is more (delta -5600) It all does mean: bears try to sell but can not do it and bulls accumulate position.
Dreams don't work unless you do
RealDeal All Time Return:
-73.9%
- #193,700
- Apr 4, 2024 10:19am Apr 4, 2024 10:19am
- | Commercial User | Joined Jul 2013 | 7,885 Posts
{quote} fight is ongoing lets see how long can they absorb orders
If my positions work, I will make 4 x what I lost.
We watch the charts from every angle so you don't have to!!