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  • #199,421
  • Jun 26, 2024 6:42am Jun 26, 2024 6:42am
Quoting rehmatkhan00
{quote} 4hr candle closed below 1.0680 for the first time therefore the price may go down a lot deeper.
Time will tell...
Focus only on what truly matters!
  • #199,422
  • Jun 26, 2024 6:46am Jun 26, 2024 6:46am
Quoting Bflyfx
{quote} I would never add at the lows !! Here I take profit.
Fair enough. Different styles for each of us.

I myself cannot resist from two things:
- adding as it goes my way and
- sitting tight.

They say these two things are rare in one person but that is my personality - sort of Jesse Livermore style of pyramiding. Hopefully my fate will be better than his

When you read "Reminiscences of a stock operator" there is not a single word mentioning "risk" or "stop" - perhaps that is the difference between me and him.
  • #199,423
  • Jun 26, 2024 6:46am Jun 26, 2024 6:46am
1.0670-90 should serve as a strong resistance if the break out is real
  • #199,424
  • Jun 26, 2024 7:10am Jun 26, 2024 7:10am
Well, that is disappointing action, isn't it?
  • #199,425
  • Jun 26, 2024 7:20am Jun 26, 2024 7:20am
Today was important news: New Home Sales and have not agresive traders. It is not good. And Bulls come into market very slowly. Can be re-test a new low price.
Situation will be changes if bears will be come into to market. And or but at this moment bulls prefered position.
  • #199,426
  • Jun 26, 2024 7:23am Jun 26, 2024 7:23am
May be waiting for Crude Inventories
  • #199,427
  • Jun 26, 2024 7:29am Jun 26, 2024 7:29am
What a failure. Dumped it all
  • #199,428
  • Edited 7:46am Jun 26, 2024 7:30am | Edited 7:46am
I am now offering 1.0718. Stop at 1.0855 to start with again.
We shall see who's smarter tomorrow after 14.30

wick-wick-NAIL
And a little long then - taking out today's high, are we?

Yeah, we haven't breached previous day's high for a while - perhaps tomorrow.

I forgot it's a range for a moment - false breakout to the downside - going all the way to the other side 1.0760? Or just 1.0718?

It's so funny...
  • #199,429
  • Jun 26, 2024 7:31am Jun 26, 2024 7:31am
Was next news Crude Oil Inventories and no reaction. Caution. Maybe price can follow down.
But bulls in game!
  • #199,430
  • Jun 26, 2024 7:34am Jun 26, 2024 7:34am
Quoting AndyN
I am now offering 1.0718. Stop at 1.0885 to start with again. We shall see who's smarter tomorrow after 14.30
Brother no one is competing against each other
We are competing against the market
I bought yesterday and today still made money buying but knowing when to enter and when exit is all
When bears were loading shorts on pullback I was taking profit
Both people mad money bears and bulls
Remember analysts don't make money but traders do.
Being right is not the point
Making money is the point
Having a proper system in place whenever you are right or wrong .
Having a plan A,B,C, and so on so we are never surprised by the markets.
If it falls I will do this if it rises I will do this
Best of luck and sorry for the long messages
  • #199,431
  • Jun 26, 2024 7:39am Jun 26, 2024 7:39am
The note.
Remember, an hour ago they updated at least a month and without sudden movements. This is a good sign for bulls...
Also have not agresive bears.
Price have soft ways to move up.
  • #199,432
  • Jun 26, 2024 7:41am Jun 26, 2024 7:41am
Quoting Ata-Turkoglu
{quote} Time will tell...
MashAllah you are right
  • #199,433
  • Jun 26, 2024 7:47am Jun 26, 2024 7:47am
Quoting Vava-UA
The note. Remember, an hour ago they updated at least a month and without sudden movements. This is a good sign for bulls... Also have not agresive bears. Price have soft ways to move up.
There is something called options. Price is fluctuating between the heavy options sitting at 1.0650 and 1.0700. There is a big one sitting at 1.0750 (€4.2). This last one should not happen. If it does it should slap price right back down. Near 1.0600 I will hunt buys.
  • #199,434
  • Jun 26, 2024 7:54am Jun 26, 2024 7:54am
Quoting Mitiblotch
{quote} There is something called options. Price is fluctuating between the heavy options sitting at 1.0650 and 1.0700. There is a big one sitting at 1.0750 (€4.2). This last one should not happen. If it does it should slap price right back down. Near 1.0600 I will hunt buys.
Dear Mitibloch, if you tell about bonds, futures and options, so 21.06.2024 all contracts to go to September and December.
  • #199,435
  • Jun 26, 2024 7:55am Jun 26, 2024 7:55am
From here on forwards, what is left is to watch greedy bears coming in... They are selling and price is dropping.. So lovely!

But who are they selling to? Lol... Of course to the good old robber banks
Focus only on what truly matters!
  • #199,436
  • Jun 26, 2024 7:58am Jun 26, 2024 7:58am
Interesting observation in the screenshot - will the third daily candle be different this time?
Attached Image (click to enlarge)
Click to Enlarge Name: 6E1!_2024-06-26_16-50-37_89951.png Size: 45 KB
  • #199,437
  • Jun 26, 2024 7:59am Jun 26, 2024 7:59am
Quoting Ata-Turkoglu
From here on forwards, what is left is to watch greedy bears coming in... They are selling and price is dropping.. So lovely! But who are they selling to? Lol... Of course to the good old robber banks
The price can make W if it makes another higher high and that will be a sweet point to sell
Attached Image (click to enlarge)
Click to Enlarge Name: 7918D334-93A3-4C22-91D7-6691203A0919.jpeg Size: 491 KB
  • #199,438
  • Jun 26, 2024 8:13am Jun 26, 2024 8:13am
Quoting Bflyfx
{quote} The ones on the wrong side will need exponentially more luck
Can I borrow your crystal ball?
A few pips a day keeps the debt collector away
100k All Time Profit: £39,665
  • #199,439
  • Jun 26, 2024 8:28am Jun 26, 2024 8:28am
Quoting AndyN
Interesting observation in the screenshot - will the third daily candle be different this time?{image}
Maybe try EURUSD as the thread suggests? It’s been lucrative for me lately… just have to play the quick game both long and short.
Consistency is key
  • #199,440
  • Jun 26, 2024 8:56am Jun 26, 2024 8:56am
Quoting Vava-UA
{quote} Dear Mitibloch, if you tell about bonds, futures and options, so 21.06.2024 all contracts to go to September and December.
My knowledge isn't good enough for bonds and futures.
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