Don't compare your trades to others. Most often the masses are the asses
- #88,062
- May 9, 2024 5:40am May 9, 2024 5:40am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} Us crazy Yanks! lol.
and one crazy Brit
- #88,064
- May 9, 2024 7:35am May 9, 2024 7:35am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #88,066
- May 9, 2024 8:13pm May 9, 2024 8:13pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} A slight stall here, but between my marked levels. Will try a sell here
Emotional Control. Process, not outcome.
- #88,069
- May 9, 2024 9:27pm May 9, 2024 9:27pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Today is my last chance to add to the position this week. Looks like there was a nice roll over last night. With a nice pull back to yesterdays move this morning, I have just added another short
Emotional Control. Process, not outcome.
- #88,070
- May 9, 2024 9:30pm May 9, 2024 9:30pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} ... nope
Emotional Control. Process, not outcome.
- #88,071
- May 10, 2024 6:36am May 10, 2024 6:36am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
The 15M chart (Lowest time frame I trade, although I do look lower for signs) is still TECHNICALLY Bullish.
Why? We are still experiencing Higher Lows. Shown here.
If these disappear and get replaced with Lower highs the turn is in.. With that said this somewhat sideways action is alluding to a possible spike and drop incoming.
Why? We are still experiencing Higher Lows. Shown here.
If these disappear and get replaced with Lower highs the turn is in.. With that said this somewhat sideways action is alluding to a possible spike and drop incoming.
Don't compare your trades to others. Most often the masses are the asses
- #88,072
- May 10, 2024 7:16am May 10, 2024 7:16am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #88,074
- May 11, 2024 4:52am May 11, 2024 4:52am
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} OK, here we are, the long awaited mega bearish weekly close, woohoo! So what is next?... I wait for a potential pull back. The first chart shows the last 2 times we got a good bear run. Look how there was a pull back into the first weekly bearish close (marked with a small pupil line). This is what we would like to see. Note how the 100 EMA marks the underlying larger up trend and we are yet to break it. So how do I try to spot a pullback entry? The second chart shows an hourly chart going back 3 weeks. I have marked some specific high and...
But I have not given up hope yet. I still have the original position still open, and as long as we are trading under the imaginary trend line, or at the very worst, the 160 high, there is still hope.
As always, it will be what it will be
Emotional Control. Process, not outcome.
- #88,075
- May 12, 2024 6:32am May 12, 2024 6:32am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} Well sadly we did not get a weekly close bearish candle, so at the moment it is not looking at promising as the last to bear runs. I attempted a couple of times to add to the position but obviously they were stopped out. But I have not given up hope yet. I still have the original position still open, and as long as we are trading under the imaginary trend line, or at the very worst, the 160 high, there is still hope. As always, it will be what it will be
- #88,076
- May 12, 2024 8:11am May 12, 2024 8:11am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} should see a little more downside this week then push up tp 157 area to sell imo
- #88,078
- May 12, 2024 2:48pm May 12, 2024 2:48pm
- Joined Dec 2015 | Status: Trader | 8,759 Posts
USDJPY price action on the daily time frame went sideways on Friday after a bullish drive that rejected the 151.500 horizontal support area. Technically, we may still see further northward move to retest an area of value, such as the 158.000 horizontal resistance.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- #88,079
- May 12, 2024 6:06pm May 12, 2024 6:06pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} Well sadly we did not get a weekly close bearish candle, so at the moment it is not looking at promising as the last to bear runs. I attempted a couple of times to add to the position but obviously they were stopped out. But I have not given up hope yet. I still have the original position still open, and as long as we are trading under the imaginary trend line, or at the very worst, the 160 high, there is still hope. As always, it will be what it will be
therefore, if I were to sell, it would be after bears took it back from the mid-highs of that last main move (160-152), so +-158.
Selling if they managed to bring it back down < 157.
Or selling if price stalls too long around and mostly between 155 and 157...
The above I would NOT do if it wasn't for that last deep enough pullback... But always still have other ways of selling anyhow, but much shorter-term only, because up-trend too sweet still for me
. That said, I am wishing you the very best dear Konichiwhaat
Sayonara
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #88,080
- May 12, 2024 6:41pm May 12, 2024 6:41pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} should see a little more downside this week then push up tp 157 area to sell imo
Emotional Control. Process, not outcome.