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New Cable Thread & Other Pairs

  • #5,141
  • May 23, 2024 8:55am May 23, 2024 8:55am
I see gaps in DXY chart.
and in GBP chart
Will wait till those fill to think of adding to short positions.
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  • #5,142
  • Edited 9:31am May 23, 2024 9:10am | Edited 9:31am
Quoting FranG
{quote} Bull trap is here, under normal circumstances this should go to 1.0792 between today and tomorrow. Current H1 close will define it.
EURUSD

If current M30 candle closes below 1.0836, that would be a good signal to go short.

Next M30 candle should bounce around 1.0823 and, ideally, you would want to place your short entry at 1.0836.

If current M30 candle closes above 1.0836, this trading plan isn't valid.

Update: Closing below 1.0836 confirmed, at the same moment it touches 1.0824 I will activate my short entry at 1.0836.
@Fran_Trades
  • #5,143
  • May 23, 2024 9:24am May 23, 2024 9:24am
that's why I don't trust sideway market in swingtrading, low range with no breaks :/
an ugly week for GU
so, I'm enjoying the side seats cheering

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"the public is not yet ready for it" W.D. GANN
  • #5,144
  • May 23, 2024 9:28am May 23, 2024 9:28am
Gold
Only 2342 left.
We watch the charts from every angle so you don't have to!!
  • #5,145
  • May 23, 2024 9:42am May 23, 2024 9:42am
Quoting pedro319
Gold Only 2342 left.
what is the plan?
My next target 35. What is the btfly ext?
  • #5,146
  • May 23, 2024 9:44am May 23, 2024 9:44am
Quoting Mihisti
{quote} what is the plan? My next target 35. What is the btfly ext?
I have no more intraday levels. Market should bounce from here, over the next days big sell off to the 2100.
We watch the charts from every angle so you don't have to!!
  • #5,147
  • May 23, 2024 9:48am May 23, 2024 9:48am
Daily charts:

DXY green at the moment......
EUR green at the moment.....
GBP barely red.....
math dont be mathing right now for me.
  • #5,148
  • May 23, 2024 9:55am May 23, 2024 9:55am
Quoting FranG
{quote} EURUSD If current M30 candle closes below 1.0836, that would be a good signal to go short. Next M30 candle should bounce around 1.0823 and, ideally, you would want to place your short entry at 1.0836. If current M30 candle closes above 1.0836, this trading plan isn't valid. Update: Closing below 1.0836 confirmed, at the same moment it touches 1.0824 I will activate my short entry at 1.0836.
EURUSD

1.0824 touched, waiting for current M30 candle to close in order to activate my short entry at 1.0834. SL 1.0845. TP: 1.0792.
@Fran_Trades
  • #5,149
  • May 23, 2024 9:57am May 23, 2024 9:57am
Quoting minhtri
{quote} {image}
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  • #5,150
  • Edited 11:59am May 23, 2024 10:07am | Edited 11:59am
Quoting GOR
{quote} GU seems to have a few bulls left in his pocket, maybe around 27450-27620
A good resistance can last for days, I've been waiting all day, and managed to place BE before the news ..)
Repeat,
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,151
  • May 23, 2024 10:29am May 23, 2024 10:29am
Really want to short bad.....but till this fills i feel like id be getting in the wrong spot.
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  • #5,152
  • May 23, 2024 10:33am May 23, 2024 10:33am
EURUSD

Bullish three drives + bullish Butterfly 1.618 extension both targeting 1.0782-1.0792 area.
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@Fran_Trades
  • #5,153
  • May 23, 2024 11:02am May 23, 2024 11:02am
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Been a very quiet month for me so far, only taken 3 trades but today pushes me up to 2 wins and 1 loss.
  • #5,154
  • May 23, 2024 12:13pm May 23, 2024 12:13pm
LONG With a short-term target of 1.2745
It's a big game.
  • #5,155
  • May 23, 2024 12:31pm May 23, 2024 12:31pm
For me is clear down we go
And the day candle confirm good rejection .
This is my point of view
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Scalping
  • #5,156
  • May 23, 2024 12:34pm May 23, 2024 12:34pm
Quoting funzodundee
LONG With a short-term target of 1.2745
According to the daily time frame there is selling pressure
  • #5,157
  • May 23, 2024 1:13pm May 23, 2024 1:13pm
Anyone remember this ?
See you people tomorrow .
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Scalping
  • #5,158
  • May 23, 2024 2:14pm May 23, 2024 2:14pm
Quoting minhtri
{quote} {image} {image}
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  • #5,159
  • May 23, 2024 4:08pm May 23, 2024 4:08pm
Quoting guguxpto
For me is clear down we go And the day candle confirm good rejection . This is my point of view {image}
I would like that as well... But that would be too easy. And it's never easy, isn't it?
Don't follow my trades. Challenge my Analysis!
  • #5,160
  • May 23, 2024 4:19pm May 23, 2024 4:19pm
Quoting pedro319
{quote} I have no more intraday levels. Market should bounce from here, over the next days big sell off to the 2100.
I have two more levels: 2326 (the last 4H uptrend second swing Fibo extension) and 2320 (the last H4 downtrend first fibo extension) What do you think, this levels could become supports?
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