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New Cable Thread & Other Pairs

  • #6,821
  • Jul 5, 2024 2:09am Jul 5, 2024 2:09am
Quoting minhtri
{quote} {image} {image}
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  • #6,822
  • Jul 5, 2024 2:19am Jul 5, 2024 2:19am
Quoting pedro319
EJ Market makers making their minds up (?) H1 Double top. {image}
GM, I closed the sells yesterday at BE, keeping an eye on )
'In the clearing stands a boxer And a fighter by his trade..'
  • #6,823
  • Jul 5, 2024 2:23am Jul 5, 2024 2:23am
Quoting GOR
{quote} GM, I closed the sells yesterday at BE, keeping an eye on )
GU and EU at D1 resistance.
Even if they are going higher, pullback would make sense.
If you are a scalper there is also lots of juice left.
We watch the charts from every angle so you don't have to!!
  • #6,824
  • Jul 5, 2024 2:32am Jul 5, 2024 2:32am
here for example is a classical "choros" 35/50 touch long trade.

also this technic takes at least 6-12 month to learn
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trading is like dancing, don't think and just listen to the music!
  • #6,825
  • Jul 5, 2024 2:39am Jul 5, 2024 2:39am
EU
5 min chart
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We watch the charts from every angle so you don't have to!!
  • #6,826
  • Jul 5, 2024 3:00am Jul 5, 2024 3:00am
What is happening in Euro Uk, I don't see that these elections have solved all their problems, but on the other hand, the rest of the world doesn't lack problems either, so Gold is coming back..
'In the clearing stands a boxer And a fighter by his trade..'
  • #6,827
  • Jul 5, 2024 3:01am Jul 5, 2024 3:01am
104.60 on US dollar index important area
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  • #6,828
  • Jul 5, 2024 3:03am Jul 5, 2024 3:03am
Selling EU and GU, Gold will wait a bit longer

Split entries
I only follow traders with IQ above 160
  • #6,829
  • Jul 5, 2024 3:05am Jul 5, 2024 3:05am
EU and GU with similar sentiment index skewed towards too many sellers. Not good. I'm waiting to sell EU at 78.6% fib at 0862.
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  • #6,830
  • Jul 5, 2024 3:06am Jul 5, 2024 3:06am
Quoting birdland
here for example is a classical "choros" 35/50 touch long trade. also this technic takes at least 6-12 month to learn {image}
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trading is like dancing, don't think and just listen to the music!
  • #6,831
  • Jul 5, 2024 3:29am Jul 5, 2024 3:29am
GU M15
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  • #6,832
  • Jul 5, 2024 3:52am Jul 5, 2024 3:52am
Quoting birdland
{quote} {image}
Are they EMA´s ?
My technique is very similar using the 20 EMA and the 49 LWMA. It works great.
Observation is the path to discovery.
  • #6,833
  • Jul 5, 2024 4:26am Jul 5, 2024 4:26am
Quoting Alorente
{quote} Are they EMA´s ? My technique is very similar using the 20 EMA and the 49 LWMA. It works great.
yes its from choros thread. 35 sma, 50 ema, 10 ema
trading is like dancing, don't think and just listen to the music!
  • #6,834
  • Jul 5, 2024 4:42am Jul 5, 2024 4:42am
Quoting birdland
here for example is a classical "choros" 35/50 touch long trade. also this technic takes at least 6-12 month to learn {image}
When the shorter - 10 ma in this case is much higher than the longer term ma's then you got an almost sure system that price will continue in the trend direction. Just these set ups are more rare than others...
Looking for profitable short term trades ...|
  • #6,835
  • Jul 5, 2024 4:56am Jul 5, 2024 4:56am
Quoting Js3mwtRc
{quote} When the shorter - 10 ma in this case is much higher than the longer term ma's then you got an almost sure system that price will continue in the trend direction. Just these set ups are more rare than others...
exactly..thats why some has to learn a lot of technics over many years like a good piano or golf player
trading is like dancing, don't think and just listen to the music!
  • #6,836
  • Jul 5, 2024 5:02am Jul 5, 2024 5:02am
Quoting birdland
{quote} exactly..thats why some has to learn a lot of technics over many years like a good piano or golf player
Observation and many practice makes a trader better!
Looking for profitable short term trades ...|
  • #6,837
  • Jul 5, 2024 5:41am Jul 5, 2024 5:41am
H1
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  • #6,838
  • Jul 5, 2024 5:42am Jul 5, 2024 5:42am
I wonder if Dixie found support or if this is part of the table clearing before the news,
Anyway, I'm already BE,
'In the clearing stands a boxer And a fighter by his trade..'
  • #6,839
  • Jul 5, 2024 5:53am Jul 5, 2024 5:53am
Quoting pedro319
EU 5 min chart {image}
1.0822 is the minimum target for 5 min Bfly sell.
I am managing positions.
We watch the charts from every angle so you don't have to!!
  • #6,840
  • Jul 5, 2024 6:11am Jul 5, 2024 6:11am
EU
...and this is the H1 Bfly sell posted yesterday.
Second extension stands at 1.0840.

Today I won't allow great deviation from resistance.
Reason: Remember failed (dead and buried) inverse H&S? Well, market makers manage to resurrect it !! Proper Fx Bible kind of thing*. They are funny like that.
If that is the case, neckline stands at 1.0920, that is risk for shorting operation.

Keep tight stops.

* More details about this on chapter XII of the FX Bible under the title "Deception, punishment and Resurrection"
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