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  • #1,701
  • Jun 17, 2024 3:05am Jun 17, 2024 3:05am
Quoting Js3mwtRc
What your coin tells you today for the week? Me down! {image}
My analysis tells me that the chances for going up are really high
  • #1,702
  • Jun 17, 2024 3:07am Jun 17, 2024 3:07am
Quoting ahmerjamil
{quote} Me: Down then up!
Quoting rehmatkhan00
{quote} My analysis tells me that the chances for going up are really high
But first down!
Stop Procrastinating
  • #1,703
  • Jun 17, 2024 3:09am Jun 17, 2024 3:09am
Quoting ahmerjamil
{quote} {quote} But first down!
There is a possibility for one more LL but for me the chances are really thin
  • #1,704
  • Jun 17, 2024 3:11am Jun 17, 2024 3:11am
Quoting rehmatkhan00
{quote} My analysis tells me that the chances for going up are really high
Well...the coin doesn't always work! We must use our minds!
Looking for profitable short term trades ...|
  • #1,705
  • Jun 17, 2024 3:12am Jun 17, 2024 3:12am
Okay one more for you guys Another CHoCH Alert Just hold on for a wild ride I am getting all types of signals
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,706
  • Jun 17, 2024 3:15am Jun 17, 2024 3:15am
Quoting Js3mwtRc
{quote} Well...the coin doesn't always work!

Quoting Js3mwtRc
{quote} We must use our minds!
Yess always...
Stop Procrastinating
  • #1,707
  • Jun 17, 2024 3:23am Jun 17, 2024 3:23am
Quoting Fxgfitking
Okay one more for you guys Another CHoCH Alert Just hold on for a wild ride I am getting all types of signals {image}
For newbies:
Meanings of: (CHoCH, Change of character) (BOS, Break of structure) (MSS, Market structure shift) (IDM, Inducement)

Stop Procrastinating
  • #1,708
  • Jun 17, 2024 3:47am Jun 17, 2024 3:47am
Quoting Js3mwtRc
{quote} Well...the coin doesn't always work! We must use our minds!
Yup technical analysis rarely lies if you read it correctly
  • #1,709
  • Jun 17, 2024 3:55am Jun 17, 2024 3:55am
Quoting rehmatkhan00
{quote} Yup technical analysis rarely lies if you read it correctly
At least its honest!
Looking for profitable short term trades ...|
  • #1,710
  • Jun 17, 2024 4:08am Jun 17, 2024 4:08am
Quoting Js3mwtRc
{quote} At least its honest!
yup not manipulated as fundamentals.
  • #1,711
  • Jun 17, 2024 4:35am Jun 17, 2024 4:35am
15 min bullish channel!
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Looking for profitable short term trades ...|
  • #1,712
  • Edited 5:33am Jun 17, 2024 5:03am | Edited 5:33am
Next resistance will be 1.072 if it reaches. CHoCH H1 is around 1.0793 so bears are trying to keep it down right now.

If we continue up 1.072-1.074 will be approaching NY Session & who knows what they will do. If resistance pushes it back into a retracement we could see 1.07010-1.07030 ( Approx).

1.071 is causing some resistance as a CHoCH H1 would be pretty good ground made by bulls to aim for 1.074 possibly. If you look at the top right of my chart you can see potential TP for H1

If we get to 1.072 & it's rejected as mentioned we would retrace for a stronger push up, or bears take overin NY Session & I can see it going back down to 1.067-1.065

What is the possibility of a rejection at 1.072? Well that's golden zone H4/ buyers zone to push it up, so bears might not want bulls to hit that target yet.
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,713
  • Edited 6:03am Jun 17, 2024 5:52am | Edited 6:03am
Was it make more sense to buy when price is falling, and to sell when price is rising. Wasn't that allow us to buy and sell at better price.
Why most of the time price rise and fall with meaningless, wicked, choppy, and even a lot of false break, small wins, big losses. Having been stayed out and watching allows me to see the bigger pictures, who really in play, who are doomed to fail. Trading do teaches us a lot.
So as we're speaking, US start waking up, and price once again returned to the beginning of the day. Asia and Europe had archived nothing. So be careful guys.
  • #1,714
  • Jun 17, 2024 5:57am Jun 17, 2024 5:57am
Let's watch for those levels
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  • #1,715
  • Jun 17, 2024 7:25am Jun 17, 2024 7:25am
End of correction? Maybe another one chance for the bulls to buy lower and bears sell higher.

News will show what. Empire State Manufacturing Index in 5 min.
Looking for profitable short term trades ...|
  • #1,716
  • Jun 17, 2024 7:27am Jun 17, 2024 7:27am
Quoting Js3mwtRc
End of correction? Maybe another one chance for the bulls to buy lower and bears sell higher. News will show what. Empire State Manufacturing Index in 5 min.
I think we still have some correction remaining and I am expecting it to correct itself to at Least 1.0740.
  • #1,717
  • Jun 17, 2024 7:45am Jun 17, 2024 7:45am
Just 15ms left then we will have this: Bears have let bulls 24hrs to...do something on H4.
  • #1,718
  • Jun 17, 2024 7:50am Jun 17, 2024 7:50am
Quoting PushnPull
Just 15ms left then we will have this: Bears have let bulls 24hrs to...do something on H4.
let’s see where price goes in the New York session.
  • #1,719
  • Jun 17, 2024 9:12am Jun 17, 2024 9:12am
Quoting rehmatkhan00
{quote} I think we still have some correction remaining and I am expecting it to correct itself to at Least 1.0740.
Possible but here is well too

15min
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Looking for profitable short term trades ...|
  • #1,720
  • Jun 17, 2024 10:19am Jun 17, 2024 10:19am
Boring price action, news made me exit with only five pips profit a long I had. The market may search for higher and there are some points to consider:

For bulls:

 

  1. Be cautious of a significant bearish candle, as it could signal a potential reversal in the current weak uptrend.
  2. Monitor the price action and sentiment closely to determine if the uptrend remains intact or if a downtrend may begin.
  3. Watch for key support levels to hold, if they break, it may indicate that bears are gaining control, and the uptrend could weaken further.


For bears:

 

  1. Holding onto bearish positions may be risky, especially if the overall market sentiment improves or if new positive developments occur.
  2. If the current weak uptrend continues or reverses into a stronger uptrend, bears may face potential losses.
  3. Be prepared to exit positions if signs of a stronger uptrend emerge, such as higher highs and higher lows or significant bullish candle formations.

Looking for profitable short term trades ...|
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