If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,762
- May 31, 2024 12:10pm May 31, 2024 12:10pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,763
- May 31, 2024 12:16pm May 31, 2024 12:16pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,764
- May 31, 2024 12:20pm May 31, 2024 12:20pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Buy stop 0843 08433 08436 08439 SL4
!
!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,765
- May 31, 2024 12:25pm May 31, 2024 12:25pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Buy stop 0844 08443 08446 08449 08473 08476 08479 TP6!
Is the little guy finally making an appearance?
Not exactly the right Bull for the job, but in this recession, we must take all the help we can get
!
Is the little guy finally making an appearance?
Not exactly the right Bull for the job, but in this recession, we must take all the help we can get
!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,766
- May 31, 2024 12:59pm May 31, 2024 12:59pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #197,768
- May 31, 2024 1:22pm May 31, 2024 1:22pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} You got your share enjoy your weekend
!!!May we continue to take good of care of ourselves, just as good as we are taking care of the people closest to our hearts
.Lets eat a lot of
my dear dear eurusd-only friends (not figuratively
Whatever is best for you heart, body and soul
) AndI will do my best to do it too, and I promise again to prove Bugs Bunny's forecast wrong(see earlier post on the very serious matter)
!!!(but truly, I mean it with all my heart, I have a very close friend who is very very sick at the moment and a lot will change in my life in the coming days, so I hope you can forgive my eagerness to express with you my feelings and wishes so much in this place which, I admit, is better without that much non-eurusd content...Watch out for yourselves and, I know how this sounds, but I don't care, NEVER lose HOPE, NEVER lose that laughter, NEVER lose your smile and warm caring compassionate hug and ear, you are WORTH every good thing in this world, your are BEAUTIFUL, and don't you ever forget it any of this(I know, toughest part, but we BELIEVE in ourselves also !), warmest regards, thank you so much for everything
If I don't mention SL and/or TP = longer-term setup possibly in the works!
{quote} Thank you mate, you too
Did you see what happened yesterday at 1.081 like I said
I went long and forgot to close it as 1.088 because I fell asleep & now lost so much profit back down to 1.084 just before the weekend I have to sit here patient now without going crazy for the weekend. Another lesson learned I guess 
I hope the weekend goes well for you & your friend heals well!
Thank you for another week of analyses & input.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
- #197,771
- May 31, 2024 10:38pm May 31, 2024 10:38pm
{quote} WSJ'S TIMIRAOS: THIS REPORT WAS LARGELY ANTICIPATED TWO WEEKS AGO AND WON'T CHANGE MUCH OF ANYTHING FOR THE NEAR-TERM FED OUTLOOK OF "WAIT AND SEE." You should work for WSJ
But I believe we can also understand and know how to predict these data number (large part of PCE already shown in CPI reports). It always and always be political profitably for government to show a healthy economic, if they want to cut rates they will create reasonable explanation to cut. One of the main reason they must cut this year is of course to buy votes for the election and the more grounds losing for Biden the less cuts we will have (very not coincidence). Yes, they want high interest rates because of high inflation, they need high inflation for the people to paid all the free money and stimulus from the pandemic. Even the ECB, which definitely will cut this June, reluctantly to say the reason is to support the economic, not because the inflation is fading.
In summary, don't fully listen to what they told you, especially after the data. Do your own research, trade what you see, what you expect to be. And most of all, trade safe.
- #197,774
- May 31, 2024 11:35pm May 31, 2024 11:35pm
- Joined May 2014 | Status: Full Time Trader | 27,153 Posts | Online Now
How many of you guys actually make a living from trading? Im curious if its a viable career. I've been profitable paper trading for almost a year now and EUR/USD is my best pair, Just want to know if you guys make a consistent living off of it.
However, since this is the weekend and we are tolerating off-topic conversations, I will give you a quick answer: Many advanced traders (traders who didn't give up learning how to trade for more than 5 to 10 years) make a living or a bonus salary out of trading. But it still requires absolute discipline and a solid system that a trader must stick to. You are a freshman. So keep learning and don't risk too much while climbing the stairs. Slow and steady wins the race!
Best wishes
Focus only on what truly matters!
- #197,775
- Jun 1, 2024 12:09am Jun 1, 2024 12:09am
- Joined May 2014 | Status: Full Time Trader | 27,153 Posts | Online Now
Quick H4 Outlook for Monday
To keep it fairly simple: Friday printed a foxy-fake bullish pierce. Price is still ranging between the red zone and blue zone. Intraday wise, I expect the red trendline to resist and prevent bulls climbing. Therefore, I am still inclined to sell spikes. BUT I am also anticipating that the blue trendline would not allow an easy drop. Therefore, my Monday plan is like this:
To keep it fairly simple: Friday printed a foxy-fake bullish pierce. Price is still ranging between the red zone and blue zone. Intraday wise, I expect the red trendline to resist and prevent bulls climbing. Therefore, I am still inclined to sell spikes. BUT I am also anticipating that the blue trendline would not allow an easy drop. Therefore, my Monday plan is like this:
- I wait until sideways moving candles begin to open out and away the blue trendline (1st arrow)
- Then I would begin selling spikes and bull attacks towards the red zone. (2nd arrow)
- If selling works, price should begin to drop towards the blue zone and with momentum the drop could speed up. (3rd arrow)
- However, while selling, if I see bulls causing candles to open inside the red zone and keep candles opening there for let's say for more than 12 hours, I would read it as a warning and stop selling! But as long as that doesn't happen, I am with bears.
My two cents
Focus only on what truly matters!
- #197,776
- Jun 1, 2024 12:09am Jun 1, 2024 12:09am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} keep learning and don't risk too much while climbing the stairs. Slow and steady wins the race!
Have a happy weekend, Friends!
Stop Procrastinating
- #197,777
- Jun 1, 2024 1:24am Jun 1, 2024 1:24am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,453 Posts
EUR/USD has been consolidating for an extended period (13 days) and traders are eagerly awaiting a catalyst to drive the price out of this range.
A break higher, accompanied by a daily close above the key 1.0900 level, could signal a bullish continuation, targeting the 1.0942/60 zone. On the other hand, a break below 1.0800 might lead to a test of the 1.0765 support level, where buyers could potentially step in for a rebound.
Weekly volatility (range) 87 pips
Option expiries for Monday: 1.0805 (EU881.2m), 1.0850 (EU869.7m), 1.0860 (EU588.5m) source: financialjuice.com
Significant news - US JOLTS Job Openings, US Factory Orders, ECB Interest Rate, US Trade Balance, US Initial Jobless Claims & US Nonfarm Payrolls.
Daily
Have a great rest of the weekend!
A break higher, accompanied by a daily close above the key 1.0900 level, could signal a bullish continuation, targeting the 1.0942/60 zone. On the other hand, a break below 1.0800 might lead to a test of the 1.0765 support level, where buyers could potentially step in for a rebound.
Weekly volatility (range) 87 pips
Option expiries for Monday: 1.0805 (EU881.2m), 1.0850 (EU869.7m), 1.0860 (EU588.5m) source: financialjuice.com
Significant news - US JOLTS Job Openings, US Factory Orders, ECB Interest Rate, US Trade Balance, US Initial Jobless Claims & US Nonfarm Payrolls.
Daily
Have a great rest of the weekend!
Looking for profitable short term trades ...|
- #197,778
- Jun 1, 2024 3:06am Jun 1, 2024 3:06am
- Joined Aug 2011 | Status: Trader | 4,928 Posts
Observation is the path to discovery.
- #197,780
- Jun 1, 2024 4:55am Jun 1, 2024 4:55am
- Joined May 2014 | Status: Full Time Trader | 27,153 Posts | Online Now
{quote} Hi Ata. Here is an image edited version of your chart that expresses what I believe is likely to happen at some point this week, Not necessarily on Monday, though... WeŽll see... {image}
Kindest regards brother
Focus only on what truly matters!