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Trading EURUSD only 43,756 replies

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  • #198,881
  • Jun 13, 2024 12:24am Jun 13, 2024 12:24am
Saya ucapkan terimakasih untuk semua anggota yang telah berbagai analisanya di forum ini.
Karna itu sangat membantu saya, karena saya dapat menganalisa eur/usd melalui postingan kalian semua.
Dan jangan berhenti berbagai karna saya yakin banyak orang yang membutuhkan informasi dari kalian semua.
  • #198,882
  • Jun 13, 2024 12:31am Jun 13, 2024 12:31am
Still in my pajamas, but my trading senses are already tingling! As for takes (opinions) given out herein, I like to think of myself as a Technical Trader Extraordinaire, channeling my inner Chart Whisperer. Fundamentals? Psh, those are for the birds!

My takes are below...

  1. Time horizon: Traders with a short-term focus might find that fundamental factors like economic indicators and central bank policies take too long to play out in the markets. They might instead rely on technical indicators and charts to make quick trading decisions.
  2. Complexity: The global economy is incredibly complex, with various factors influencing exchange rates, from geopolitical tensions to natural disasters.

Remember to keep the big chunk of fundamental analysis for the chirping birds, and follow your technical charts with a sense of humor and a bit of Beatles flair! After all, trading can be a "Hard Day's Night," but with the right mindset and knowledge, you can "Come Together" with the markets like John, Paul, George, and Ringo.

Make sure Yoko doesn't disrupt the band (aka your trading strategy). Stick to your technical prowess and charming wit, and you'll rock the markets like the Fab Four. Stay focused and avoid any distractions that could throw off your groove!

As the clock ticks towards the London session, I am carefully considering selling at the highs. Will this move land me a solid 'Ticket to Ride'? You don't have to care, but I'm sharing anyway. Meanwhile, I'm also weighing up the potential for buying dips—a tactic I might just 'Let It Be', or who knows, 'Here Comes the Sun' on my buying opportunity. Stay tuned, folks!

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #198,883
  • Edited 1:06am Jun 13, 2024 12:55am | Edited 1:06am
And now, if this trade doesn't work out, I might need to ‘Come Together’ with a little comfort food because ‘I am gonna be sad’
So, my selling highs strategy has a ‘Paperback Writer ’-worthy target of 1.07770 and a protective ‘Penny Lane ’-ish stop loss of 1.08600.

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…whether this strategy brings me ‘Something’ or ‘Nothing’, one thing is for certain: ‘Why so serious?’ Well, because ‘I see dead pips’, and I can hear Bruce Willis asking ‘How often do you see them?’ and I reply... all the time ; )—
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #198,884
  • Jun 13, 2024 1:22am Jun 13, 2024 1:22am
Before the last drop to 1.08004 resistance 1.08152 rejected above about 5-6x on M5 Chart. Just touched and had a good retraction back to equilibrium. Will it be able to break 1.08150 - It should attempt again in my opinion, so we shall see. Strong support at 1.08072 & bulls would jump at around 1.08065 for a strong push up, if it retracted back that deep.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #198,885
  • Jun 13, 2024 1:33am Jun 13, 2024 1:33am
Quoting Fxgfitking
Before the last drop to 1.08004 resistance 1.08152 rejected above about 5-6x on M5 Chart. Just touched and had a good retraction back to equilibrium. Will it be able to break 1.08150 - It should attempt again in my opinion, so we shall see. Strong support at 1.08072 & bulls would jump at around 1.08065 for a strong push up.
After 4 hours from now, bullish spirits may encounter a red flag and charge towards it . I am still looking to buy dips if my sell entries don't work out. If they fall into a trap... That's fine with me ; )-
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #198,886
  • Jun 13, 2024 1:37am Jun 13, 2024 1:37am
Quoting v2vboni
{quote} After 4 hours from now, bullish spirits may encounter a red flag and charge towards it . I am still looking to buy dips if my sell entries don't work out. If they fall into a trap... That's fine with me ; )-
This is what I had in mind
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #198,887
  • Jun 13, 2024 1:38am Jun 13, 2024 1:38am
If current H1 candle clearly closes above 1.0804 good for bulls, but if I see a close below, I would pause buying dips! Let's see..
Focus only on what truly matters!
  • #198,888
  • Jun 13, 2024 1:42am Jun 13, 2024 1:42am
Quoting v2vboni
{quote} After 4 hours from now, bullish spirits may encounter a red flag and charge towards it . I am still looking to buy dips if my sell entries don't work out. If they fall into a trap... That's fine with me ; )-

I also think so, waiting for the buying momentum to return and the current conditions are quite interesting. However, it is also worth preparing to sell, especially if the bearish candle breakout at 1.0788
  • #198,889
  • Jun 13, 2024 1:43am Jun 13, 2024 1:43am
The area 1.08055-1.08065 I mentioned earlier that bulls may come in during this range because there was leftover liquidity. They have grabbed it. Now bears must keep them down Here is a picture of the direction it will go.
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #198,890
  • Jun 13, 2024 1:52am Jun 13, 2024 1:52am
Quoting v2vboni
And now, if this trade doesn't work out, I might need to ‘Come Together’ with a little comfort food because ‘I am gonna be sad’ So, my selling highs strategy has a ‘Paperback Writer ’-worthy target of 1.07770 and a protective ‘Penny Lane ’-ish stop loss of 1.08600. {image} …whether this strategy brings me ‘Something’ or ‘Nothing’, one thing is for certain: ‘Why so serious?’ Well, because ‘I see dead pips’, and I can hear Bruce Willis asking ‘How often do you see them?’ and I reply... all the time...
If the price action stays within my identified value area based on quartiles of the volume (tick data) profile, I expect that my target at 1.07770 will be reached.

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #198,891
  • Jun 13, 2024 1:54am Jun 13, 2024 1:54am
In the past price moves graciously with poise. Now price sits in one spot and then spikes up or down for 100 pips just so that most people cannot get in on a trade.
  • #198,892
  • Jun 13, 2024 2:26am Jun 13, 2024 2:26am
this lateralization is very heavy
  • #198,893
  • Jun 13, 2024 2:30am Jun 13, 2024 2:30am
Quoting Matts Micro
{quote} Imo today is the battle day. If we have a half decent daily bull candle we could be looking at a new HH or at least a decent correction throwing it back to the bulls ball court, if a bear or balanced candle wins out -down we go. Grab your sword + shield- let the battle begin.
Imo there is only one direction to trade, up. The daily BO on the falling TL on the 15/5 is confirmed with a perfect buy signal on my system with yesterday's candle.
As the lights go by so too do the shadows move
  • #198,894
  • Jun 13, 2024 2:30am Jun 13, 2024 2:30am
Quoting Mitiblotch
{quote} Espero que no. Veamos qué pasa. Me gustaría hacer TP a 1,0850 o más. Confío en un pivote mensual en 1,0797 para evitar una caída. Lo curioso es que mi aplicación de armónicos muestra mi 1.10
1.0797 is a strong level, I just have to wish you good luck mate. At the moment I'm short, let's see what happens
  • #198,895
  • Jun 13, 2024 2:31am Jun 13, 2024 2:31am
Quoting AmDrafax
this lateralization is very heavy
Lol.. your comment is so dramatic... To me it is just a tiny "pause" on the DAILY chart... Happens so often right after a strong move.. Patience!

Best wishes
Focus only on what truly matters!
  • #198,896
  • Jun 13, 2024 2:52am Jun 13, 2024 2:52am
Added more shorts and expecting further declines.
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #198,897
  • Jun 13, 2024 2:58am Jun 13, 2024 2:58am
Quoting Lauk21
Saya ucapkan terimakasih untuk semua anggota yang telah berbagai analisanya di forum ini. Karna itu sangat membantu saya, karena saya dapat menganalisa eur/usd melalui postingan kalian semua. Dan jangan berhenti berbagai karna saya yakin banyak orang yang membutuhkan informasi dari kalian semua.
I don't understand why your kind comment gets a dislike. I am sensing that there are a few toxic morons lurking on this thread and I will surely catch them.

Thanks for the appreciation brother. Many here do the best to share their precious knowledge. Enjoy!

All the best
Focus only on what truly matters!
  • #198,898
  • Jun 13, 2024 3:17am Jun 13, 2024 3:17am
Long-Term W1 Outlook

  1. I keep sharing my longer term view on this pair and yes it looks like bears will eventually continue lower. Especially after the last breakout from little trendline, we are only watching bulls trying to retest breakout levels around 1.0822..
  2. If bulls fail, bears will begin to drag this further down to 1.0650 levels and therefore it is always wise not to invest too much in buying.
  3. I am buying dips "intraday wise" but with weekly chart in the back of my head I know when to stop. Even the tiniest bearish signs matter.
  4. But as always we go step by step: Until bull power fades out I am with bulls.

Best wishes

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Focus only on what truly matters!
  • #198,899
  • Jun 13, 2024 3:17am Jun 13, 2024 3:17am
Quoting v2vboni
{quote} If the price action stays within my identified value area based on quartiles of the volume (tick data) profile, I expect that my target at 1.07770 will be reached. {image}
To minimize potential losses and retain flexibility, I have moved my current selling position's SL at a small profit. This will enable me to reevaluate market conditions and identify new opportunities for high-probability selling entries, thus maximizing potential profits while reducing risk.

sell limit orders: @ 1.08390 and 1.08290 — TP @ 1.07770, 1.07900 and 1.07970

Now... Buying dips everyone??? ; )— LoLz

buy limit orders: @ 1.07700, 1.07600, and 1.07520 — TP @ 1.07970

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #198,900
  • Jun 13, 2024 3:19am Jun 13, 2024 3:19am
Friendly Reminder - What ever your strategy win or loose stick to it. The ranging prices I am sure is causing a lot of undisciplined traders to chase & lose money. It broke up, came back down, broke down, but struggling. Bears are doing their job however of keeping bulls away from trendline for now. At any moment it can turn directions currently, so be weary.

Don't chase the cat - let the cat come to you
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
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