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  • #196,461
  • Edited 4:21am May 9, 2024 4:02am | Edited 4:21am
It usually bounces very strongly on 0725, also months ago, now we will see
  • #196,462
  • Edited 5:18am May 9, 2024 4:03am | Edited 5:18am
Still bullish. I believe it will turn during news.
When you see it, BET big.
  • #196,463
  • May 9, 2024 4:17am May 9, 2024 4:17am
Quoting Ata-Turkoglu
Quick H4 Outlook Bears are slowly progressing towards 1.0686 levels... 1.0753 area is now my potential strong resistance! I am bearish and intend to sell pullbacks or spikes! Let's see... {image}
The bull must feed the bear today, I am making patience... shouldn't the bull be higher today! Nothing personal just kidding.
Looking for profitable short term trades ...|
  • #196,464
  • May 9, 2024 4:28am May 9, 2024 4:28am
Based on H1, I am marking 1.0738 as nearest resistance.. As long as candles open below it, only selling for me!
Focus only on what truly matters!
  • #196,465
  • May 9, 2024 4:38am May 9, 2024 4:38am
Quoting JohnPlayS
{quote} 1.0694 range or let it ride. But the reason I wanted in a sell position is the Trump factor. The closer he gets to the White House, the stronger the Dollar will be! It will go way down once he becomes President again. This is why I got back into FOREX. However, the Bears are having trouble with this 1.7400 area at the moment! Argggg
it seems we are the same type of trader, but I could care less who is in the White House. I was going to move my TP to small profit or break even at 1.0793. depending on how the rest of the week goes. if we move to the 1.0690 area I will move my TP to 1.0775 area. my biggest concern is the 1.0738 zone of support. this zone has shown areas of support and resistance on the 4hr chart. if we break this zone with a strong bearish candle I will hold the trade over the weekend with hopes of it testing the 1.0611 support.
  • #196,466
  • May 9, 2024 4:56am May 9, 2024 4:56am
Quoting Endoephemera
Can start reversing long 1.0725 1.07 Target >1.0825
It seems really choppy in that area on the 4hr chart. I would be really careful. I would not be thinking about going long until it reaches the 1.0695 area of support. I think it will reach there before it goes up to even the 1.0775 zone. I think the bears have the upper hand. I am still in at 1.0793 from last Friday's NFP. but what do I know I just trading micro lots.
  • #196,467
  • May 9, 2024 5:16am May 9, 2024 5:16am
HERE WE GO.
  • #196,468
  • May 9, 2024 5:18am May 9, 2024 5:18am
Quoting Rennaissance
Still bullish. I believe it will turn during news.
Bulls counter attack started earlier than i thought.
When you see it, BET big.
  • #196,469
  • May 9, 2024 5:22am May 9, 2024 5:22am
Good morning, I hope you are great. We're at the support level now, and the bulls might be trying now. 5M, and 1H charts;
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  • #196,470
  • May 9, 2024 6:06am May 9, 2024 6:06am
Quoting Ata-Turkoglu
Based on H1, I am marking 1.0738 as nearest resistance.. As long as candles open below it, only selling for me!
I am in lockstep or close enough (42 not 38 max) Otherwise, yup, its BEAR time. Expected to stall in 20's the higher stall and earlier jump back up to the 30's are all positive signs.
Remember, WHY you are doing this...
  • #196,471
  • May 9, 2024 6:08am May 9, 2024 6:08am
Quoting Js3mwtRc
{quote} The bull must feed the bear today, I am making patience... shouldn't the bull be higher today! Nothing personal just kidding.
Now convinced yet on the rise. Weekly's don't shout it yet. 4 now though bear
Remember, WHY you are doing this...
  • #196,472
  • May 9, 2024 6:13am May 9, 2024 6:13am
Changed my Lim. order from .07137 to.06977 given the activity in the last 5 hrs. Going to keep a close eye. We're just getting started.
Remember, WHY you are doing this...
  • #196,473
  • May 9, 2024 6:58am May 9, 2024 6:58am
From here should go higher but a second option is 1.0700.

1 hour

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Good luck!
Looking for profitable short term trades ...|
  • #196,474
  • May 9, 2024 7:14am May 9, 2024 7:14am
Bearish again. The bulls were not successful in their counter attack. The bear is just too strong , I m going with it.
When you see it, BET big.
  • #196,475
  • May 9, 2024 7:29am May 9, 2024 7:29am
1,2,3 there we go bears.
When you see it, BET big.
  • #196,476
  • May 9, 2024 7:52am May 9, 2024 7:52am
At last Bears got destroyed
  • #196,477
  • May 9, 2024 7:53am May 9, 2024 7:53am
My Prorealtime auto chartist tells me there is upcoming resistance in this area. Once bulls graduate from here, per 4H, 1.0950 seems to be the next resistance (medium term).

(I like prorealtime - https://www.prorealtime.com/en/web)
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  • #196,478
  • May 9, 2024 7:58am May 9, 2024 7:58am
et puis seulement quand c'est fini
Remember, WHY you are doing this...
  • #196,479
  • May 9, 2024 8:01am May 9, 2024 8:01am
Next 4hr candle is very important for EURUSD which will decide if it can reach to 1.0840.
  • #196,480
  • May 9, 2024 8:02am May 9, 2024 8:02am
Quoting Js3mwtRc
{quote} The bull must feed the bear today, I am making patience... shouldn't the bull be higher today! Nothing personal just kidding.
Well said !

And zooming out:

The micro bull must taste the mini bear
which must nibble on the small bull
which must eat the medium bear
which must gobble up the big bull
which must devour !!! the monster bear which must wolf down !!!! the ...

The End.

Trading in a nutshell:

Which of the savoury dishes mentioned above have we decided to cook this time, and how well will our guests(positions) enjoy it, and how well will they digest it, and what will they do with all those new calories


Now, I don't about you good folks, but I am so hungry now,

Lets feast together !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
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