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New Cable Thread & Other Pairs

  • #5,021
  • May 22, 2024 6:04am May 22, 2024 6:04am
Quoting pedro319
{quote} This is only a little "amuse-bouche" we need another leg up before collapse.
Hmm....yea.....I just cant decide if i should cut some and get back in later at a higher price....Im pretty spread out. I think if it hits 1.0815 i would be break even or very close too it. I just dont have confidence in a high bounce.
  • #5,022
  • May 22, 2024 6:05am May 22, 2024 6:05am
Im also looking for the shooting start to develop on GBP.....if that come to pass i think i would load some up on it. The shooting start worked well on EUR for a reversal indicator.
  • #5,023
  • May 22, 2024 6:08am May 22, 2024 6:08am
Watching DXY at the moment as well for what its going to do on the channel break and the test of the rsi moving average.
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  • #5,024
  • May 22, 2024 6:10am May 22, 2024 6:10am
Quoting SmallGains
Im also looking for the shooting start to develop on GBP.....if that come to pass i think i would load some up on it. The shooting start worked well on EUR for a reversal indicator.
You mean D1?

Gold is not finished with upside, GU neither, so I think we push up and then collapse later.
1.0830 and 1.0790 are good TPs.
We watch the charts from every angle so you don't have to!!
  • #5,025
  • May 22, 2024 6:16am May 22, 2024 6:16am
Quoting pedro319
{quote} You mean D1? Gold is not finished with upside, GU neither, so I think we push up and then collapse later. 1.0830 and 1.0790 are good TPs.
Yes on the one day chart. I would love 1.0830 to short GBP. It would make for a hell of a ride down.
  • #5,026
  • May 22, 2024 6:21am May 22, 2024 6:21am
Quoting pedro319
{quote} You mean D1? Gold is not finished with upside, GU neither, so I think we push up and then collapse later. 1.0830 and 1.0790 are good TPs.
I got the 9 EMA at 1.0820 and the 200 EMA at 1.0790 for EUR...maybe a bounce at 1.0820 or could bounce on the 200 EMA. Also have the average short at 1.0790. What you think?
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  • #5,027
  • May 22, 2024 6:21am May 22, 2024 6:21am
Quoting SmallGains
{quote} I got the 9 EMA at 1.0820 and the 200 EMA at 1.0790 for EUR...maybe a bounce at 1.0820 or could bounce on the 200 EMA. Also have the average short at 1.0790. What you think? {image}
Good info!
We watch the charts from every angle so you don't have to!!
  • #5,028
  • May 22, 2024 6:28am May 22, 2024 6:28am
Quoting SmallGains
{quote} Yes on the one day chart. I would love 1.0830 to short GBP. It would make for a hell of a ride down.
I see a bearish butterfly...and maybe we close to the tip of the the head and shoulders....long way to develop tho.
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  • #5,029
  • May 22, 2024 6:49am May 22, 2024 6:49am
Quoting SmallGains
{quote} I got the 9 EMA at 1.0820 and the 200 EMA at 1.0790 for EUR...maybe a bounce at 1.0820 or could bounce on the 200 EMA. Also have the average short at 1.0790. What you think? {image}
Shorts 2 days ago were at at almost 88% short and 12% long....its building up for the long side now at 70% short and 30% long on the sentiment. Short positions are getting out which is expected and should be what happens on a red day. Interested to see when the scale will actually start tipping for the long side.
  • #5,030
  • May 22, 2024 6:50am May 22, 2024 6:50am
Quoting minhtri
DXY{image} {image}
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  • #5,031
  • May 22, 2024 6:57am May 22, 2024 6:57am
Quoting FranG
{quote} EURUSD Confluence of harmonic patterns at 1.0820: Gartley B extension (0.618) + Cypher C extension (1.272) + Butterfly D extension (1.272), in that importance order. Once 1.0820 is reached and after bounce, 1.0793 should follow (bullish Gartley D extension -0.786-). {image}
Target reached, I closed 30% of my short position (1.0865) and moved SL to BE. I leave the remaining 70% for 1.0792.

I have also opened a long scalp at 1.0822 since we should bounce from here, with TP 1.0845 and SL 1.0812.
@Fran_Trades
  • #5,032
  • May 22, 2024 7:02am May 22, 2024 7:02am
Quoting SmallGains
{quote} I got the 9 EMA at 1.0820 and the 200 EMA at 1.0790 for EUR...maybe a bounce at 1.0820 or could bounce on the 200 EMA. Also have the average short at 1.0790. What you think? {image}
Bounced on that 9 EMA....see if she has plugged enough holes and starts to bail out that water. Or if there is a retest or break...
  • #5,033
  • May 22, 2024 7:05am May 22, 2024 7:05am
Quoting GOR
{quote} GM, I had to manage the positions, It's usually worth working hard, sure it won't happen easily, The rest is left open if GU goes into a nice drop,
I caught it this time,
It sucks, but most drops come so fast that you have seconds to join in time,
OK, we get it,
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,034
  • May 22, 2024 7:09am May 22, 2024 7:09am
Quoting braintec
EU can we say correction (pullback) is over? my two cent : NO!

great:
i win 2 cents
I'll Sell when price is heading to Hell
  • #5,035
  • May 22, 2024 7:15am May 22, 2024 7:15am
Quoting braintec
{quote} great: i win 2 cents
well done, GU was waiting for my post :/ I should've posted my whining at the start of the week
lesson learned lol
"the public is not yet ready for it" W.D. GANN
  • #5,036
  • May 22, 2024 7:20am May 22, 2024 7:20am
Quoting braintec
{quote} great: i win 2 cents
since you're 2 cents richer, can you share 1 cent with me to cover my lose ? please
"the public is not yet ready for it" W.D. GANN
  • #5,037
  • May 22, 2024 7:25am May 22, 2024 7:25am
Quoting Bflyfx
{quote} TP1 2415
TP 2- 2407 and bought some target 2500
I only follow traders with IQ above 160
  • #5,038
  • May 22, 2024 7:28am May 22, 2024 7:28am
Quoting Kwt4x
{quote} since you're 2 cents richer, can you share 1 cent with me to cover my lose ? please
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no problem!
enjoy it!
I'll Sell when price is heading to Hell
  • #5,039
  • May 22, 2024 7:30am May 22, 2024 7:30am
Quoting braintec
{quote} {image} no problem! enjoy it!
Don't spend it all at once !!
We watch the charts from every angle so you don't have to!!
  • #5,040
  • May 22, 2024 7:31am May 22, 2024 7:31am
Quoting Bflyfx
{quote} TP 2- 2407 and bought some target 2500
Same.
We watch the charts from every angle so you don't have to!!
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