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New Cable Thread & Other Pairs

  • #1,981
  • Apr 17, 2024 1:20am Apr 17, 2024 1:20am
Quoting pedro319
{quote} I explained it before, target is 38.2 D1, last swing. When we get closer we scan tfs for reversal/ continuation patterns. This retracement should be very slow and choppy, 2 to 3 days to complete is normal behaviour. If we see acceleration we will reassess as this is not typical and may have further implications. AJ I won't be gone for long. Laterz
I expect this to be the last but you never know...
We watch the charts from every angle so you don't have to!!
  • #1,982
  • Apr 17, 2024 1:31am Apr 17, 2024 1:31am
Quoting Mcbeaners
hi folks, i'm seeking dollar topping here but specifically against AUD and CAD. both have rather large order flow long (AUD) and short (USDCAD). would short any rallies above 1.3831 ish and ideally look for 1.3755 anyone else seeing the same order flow data? cheers.
From harmonics perspective market has completed AB-CD 1.618 on both M1 and now D1, anyone would expect a corrective move next.
We watch the charts from every angle so you don't have to!!
  • #1,983
  • Apr 17, 2024 1:37am Apr 17, 2024 1:37am
Quoting pedro319
{quote} From harmonics perspective market has completed AB-CD 1.618 on both M1 and now D1, anyone would expect a corrective move next.
Are we there yet?
Go bulls go!
  • #1,984
  • Apr 17, 2024 1:38am Apr 17, 2024 1:38am
Finally T7 will be able to claim some profits after so much level shouting yesterday!!!
We watch the charts from every angle so you don't have to!!
  • #1,985
  • Apr 17, 2024 1:40am Apr 17, 2024 1:40am
Quoting pedro319
Finally T7 will be able to claim some profits after so much level shouting yesterday!!!
  • #1,986
  • Apr 17, 2024 1:41am Apr 17, 2024 1:41am
Gu trying to reclaim weekly open... Maybe i will get paid this week
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  • #1,987
  • Apr 17, 2024 1:42am Apr 17, 2024 1:42am
Quoting T721
Gu trying to reclaim weekly open... Maybe i will get paid this week {image}
You never said you opened position!!
We watch the charts from every angle so you don't have to!!
  • #1,988
  • Apr 17, 2024 1:46am Apr 17, 2024 1:46am
Quoting pedro319
{quote} You never said you opened position!!
Just keeping the buys i have for now -- might add later but a bit early right now till official UK open
  • #1,989
  • Apr 17, 2024 1:47am Apr 17, 2024 1:47am
Quoting ChoyFX
{quote} Are we there yet? Go bulls go!
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  • #1,990
  • Apr 17, 2024 1:48am Apr 17, 2024 1:48am
Went long eurusd for 10 pips, closed out until after London open will try to reenter if b/o looks likely.
  • #1,991
  • Apr 17, 2024 1:50am Apr 17, 2024 1:50am
Quoting T721
{quote} Just keeping the buys i have for now -- might add later but a bit early right now till official UK open
1.2513-23 is H4 fib confluence. Most times in trending markets this area becomes quite good to look to short seeking new lows.
Step by step, let's see how this develops.
Time will tell= I haven't got a f...ckin clue
We watch the charts from every angle so you don't have to!!
  • #1,992
  • Apr 17, 2024 1:53am Apr 17, 2024 1:53am
eur/chf update ---- still in this trade, both positions underwater... Might add later but only if i see some upside action
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  • #1,993
  • Apr 17, 2024 1:59am Apr 17, 2024 1:59am
Quoting T721
eur/chf update ---- still in this trade, both positions underwater... Might add later but only if i see some upside action {image}
How much ar you risking per position roughly?
It is good for newbies to get an idea how to operate with floating positions.
Cheers.
We watch the charts from every angle so you don't have to!!
  • #1,994
  • Apr 17, 2024 2:08am Apr 17, 2024 2:08am
Quoting pedro319
{quote} How much ar you risking per position roughly? It is good for newbies to get an idea how to operate with floating positions. Cheers.
i generally risk 2% max on any trade but more if i like the trade. Would advise newbies to risk max 1% and steadily build their equity
  • #1,995
  • Apr 17, 2024 2:09am Apr 17, 2024 2:09am
Quoting T721
{quote} i generally risk 2% max on any trade but more if i like the trade. Would advise newbies to risk max 1% and steadily build their equity
Its so easy to get greedy but one wrong trade and you can easily give back a full weeks profit and then some
  • #1,996
  • Apr 17, 2024 2:12am Apr 17, 2024 2:12am
Quoting T721
eur/chf update ---- still in this trade, both positions underwater... Might add later but only if i see some upside action {image}
Might be wrong but added 1 more buy @9687 Who knows but ya gotta be init to winit
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  • #1,997
  • Apr 17, 2024 2:16am Apr 17, 2024 2:16am
In order to get confident with trades I like to look at patterns.
Here we have two: Wash and rinse of the lows and Macd bullish divergence.
H4 chart
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We watch the charts from every angle so you don't have to!!
  • #1,998
  • Apr 17, 2024 2:17am Apr 17, 2024 2:17am
Quoting pedro319
In order to get confident with trades I like to look at patterns. Here we have two: Wash and rinse of the lows and Macd bullish divergence. H4 chart {image}
Like it
  • #1,999
  • Edited 3:13am Apr 17, 2024 2:18am | Edited 3:13am
Quoting T721
{quote} Might be wrong but added 1 more buy @9687 Who knows but ya gotta be init to winit {image}
Looks like i added a bit early
last add for me on e/chf @9681.3 if it moves today will probably close all positions
  • #2,000
  • Apr 17, 2024 2:19am Apr 17, 2024 2:19am
Quoting GOR
GU morning key levels 2429/ 2420/2411 As long as Dxy near/below 106.500
hmm it took a while to show up)
If it's a bullish morning I'll watch key level 2440
'In the clearing stands a boxer And a fighter by his trade..'
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