We’re can we buy it kakakakaka
If we buy the reversal indicator can we get a 1,08 cash cow from Pedro as well ?
If we buy the reversal indicator can we get a 1,08 cash cow from Pedro as well ?
Scalping
5
New Cable Thread & Other Pairs
- #4,303
- May 10, 2024 10:59am May 10, 2024 10:59am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
Mtako v 2.7 Reversal Indicator now for sale only £ 850.00
- #4,305
- Edited 11:21am May 10, 2024 11:07am | Edited 11:21am
- | Commercial User | Joined Jul 2013 | 7,894 Posts
We watch the charts from every angle so you don't have to!!
- #4,307
- May 10, 2024 12:15pm May 10, 2024 12:15pm
EURUSD
Promising H4 candle which, after rejecting the 0.236 FIB returned to the ascending triangle. It also looks like we have a falling wedge on H4.
I still think the MM's need to take this as high as possible for Tuesday next week ahead of the news, and in keeping with this thought I'm keeping an eye on the possibility of an inverse H&S forming with its neckline at 1.0787~.
I'm done for the day, time to analyse over the weekend and wait for Sunday's open looking for buying opportunities. Have a nice weekend!
Promising H4 candle which, after rejecting the 0.236 FIB returned to the ascending triangle. It also looks like we have a falling wedge on H4.
I still think the MM's need to take this as high as possible for Tuesday next week ahead of the news, and in keeping with this thought I'm keeping an eye on the possibility of an inverse H&S forming with its neckline at 1.0787~.
I'm done for the day, time to analyse over the weekend and wait for Sunday's open looking for buying opportunities. Have a nice weekend!
@Fran_Trades
- #4,308
- May 10, 2024 12:36pm May 10, 2024 12:36pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
Ready to look for AUDUSD shorts this coming week. Copper finally has some price rejection on a daily candle. I don't have faith the AUD will punch through resistance up to .68 levels. Looking for shorts potentially to initially target the consolidation around the 50% and 38% fib levels. With the strength of Commodities atm, not confident in a pullback beyond .65. 
- #4,310
- May 10, 2024 2:36pm May 10, 2024 2:36pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #4,311
- May 10, 2024 3:21pm May 10, 2024 3:21pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
I have posted this somewhere b4.... im sharing it again so you get a better understanding of what it takes to be a trader or any top professional in their field As a bonus its quite funny---- watch it and see if you can relate it to trading and post your answers https://youtu.be/mPL95K1kWaw?si=I5-QvsQaWfxIFxZo
oh special thank you for that share mate!Happy week end all !!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #4,312
- May 10, 2024 3:50pm May 10, 2024 3:50pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
- #4,313
- May 10, 2024 3:59pm May 10, 2024 3:59pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #4,314
- May 10, 2024 4:01pm May 10, 2024 4:01pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote}My favourite share of the week. Thank you Phoenix and happy birthday and may you and your loved ones have many more healthy and joyful years ahead !!!
- #4,315
- Edited 4:34pm May 10, 2024 4:12pm | Edited 4:34pm
- | Joined Feb 2021 | Status: Trader | 185 Posts
{quote} just my suspicion: the brics countries no longer trust the western monetary system. they therefore no longer want to hold USD, GBP or EUR. so they buy gold to create their own SWIFT system and no longer have to hold reserves in the no longer trustworthy ‘western’ currencies (of which the yen is also a part). thus this money is missing for volatility in GU&EU&other pairs.
Longer term benefits to the silk road initiative, Russias understanding that in the 10 to 20 year window the Arctic trade route may be open year round and they then can control maritime trade between the massive growth in Asia to Europe, etc.
Finding western currencies untrustworthy, building your own coalition to exert influence at a greater rate in the future is a solid plan probably. We'll have to AtaWait N See what happens.
Have a good weekend everyone!
- #4,316
- May 10, 2024 5:58pm May 10, 2024 5:58pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} I agree. I think there are additional motivators as well and some BRICS players(Russia, China) are utilizing this for much more long term plays. In centuries past, western governments were not afraid of high casualty wars which coincidentally or intentionally can further economic agendas. There is not an appetite for this in the general populous now. It is still part of the Russian military doctrine(ie Ukraine). BRICS countries know this and other means of leverage and want to rebalance global influence. Longer term benefits to the silk...
- #4,318
- May 11, 2024 5:54am May 11, 2024 5:54am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} Taped & Reacted!{image} {image}
Daily:
Have a nice weekend!
Stop Procrastinating
