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  • #3,521
  • Jul 10, 2024 11:25am Jul 10, 2024 11:25am
Quoting ahmerjamil
Btw, I did not hear Powell's speech, What did he say?
same yesterday
I'll Sell when price is heading to Hell
  • #3,522
  • Jul 10, 2024 11:54am Jul 10, 2024 11:54am
If bulls reclaim 1.0830 level and find support over it then I may add another long entry at break out
  • #3,523
  • Jul 10, 2024 12:05pm Jul 10, 2024 12:05pm
M15:
Attached Image (click to enlarge)
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Stop Procrastinating
  • #3,524
  • Jul 10, 2024 12:25pm Jul 10, 2024 12:25pm
Quoting rehmatkhan00
If bulls reclaim 1.0830 level and find support over it then I may add another long entry at break out
Tomorrow's CPI only can give us out from here...
H1:
Attached Image (click to enlarge)
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M15:
Attached Image (click to enlarge)
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Stop Procrastinating
  • #3,525
  • Jul 10, 2024 12:36pm Jul 10, 2024 12:36pm
Quoting ahmerjamil
{quote} Tomorrow's CPI only can give us out from here... H1:{image} M15:{image}
Yup and all the big traders are waiting for it. We will
see it tomorrow how it is going to affect In Sha Allah
  • #3,526
  • Jul 10, 2024 12:39pm Jul 10, 2024 12:39pm
Quoting rehmatkhan00
{quote} Yup and all the big traders are waiting for it. We will see it tomorrow how it is going to affect In Sha Allah
Yes, I think tomorrow's CPI will be positive...
Stop Procrastinating
  • #3,527
  • Jul 10, 2024 12:46pm Jul 10, 2024 12:46pm
Quoting ahmerjamil
{quote} Yes, I think tomorrow's CPI will be positive...
like Ata, time will tell us
  • #3,528
  • Jul 10, 2024 12:50pm Jul 10, 2024 12:50pm
Support around 1.0820 and resistance around 1.0828 are quite strong. Let’s see who wins here
Attached Image (click to enlarge)
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  • #3,529
  • Jul 10, 2024 12:50pm Jul 10, 2024 12:50pm
Quoting rehmatkhan00
{quote} like Ata, time will tell us
Yeah, As always!
Stop Procrastinating
  • #3,530
  • Jul 10, 2024 12:51pm Jul 10, 2024 12:51pm
Quoting rehmatkhan00
Support around 1.0820 and resistance around 1.0828 are quite strong. Let’s see who wins here {image}
From here we will find out, Let's see...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-07-10_10-56-39.png Size: 27 KB
Stop Procrastinating
  • #3,531
  • Jul 10, 2024 1:00pm Jul 10, 2024 1:00pm
Quoting ahmerjamil
{quote} From here we will find out, Let's see... {image}
at least we will Have some idea that who is more eager to make higher high or lower low
  • #3,532
  • Jul 10, 2024 1:03pm Jul 10, 2024 1:03pm
Quoting rehmatkhan00
{quote} at least we will Have some idea that who is more eager to make higher high
Lower low!
Stop Procrastinating
  • #3,533
  • Jul 10, 2024 1:04pm Jul 10, 2024 1:04pm
Quoting rehmatkhan00
{quote} at least we will Have some idea that who is more eager to make higher high or lower low
Quoting ahmerjamil
{quote} Lower low!
Yes, I corrected it!
Stop Procrastinating
  • #3,534
  • Jul 10, 2024 1:07pm Jul 10, 2024 1:07pm
44EMA has now turned to resistance, Let's see...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-07-10_11-06-38.png Size: 31 KB

It works or not...
Stop Procrastinating
  • #3,535
  • Jul 10, 2024 1:55pm Jul 10, 2024 1:55pm
Quoting ahmerjamil
44EMA has now turned to resistance, Let's see... {image} It works or not...
I think the down movement was just a correction and I was completely expecting it……now it may go to 1.0840 once again In Sha Allah
  • #3,536
  • Jul 10, 2024 1:59pm Jul 10, 2024 1:59pm
Quoting ahmerjamil
44EMA has now turned to resistance, Let's see... {image} It works or not...
I can’t explain it here but if you combine 4hr, 1hr and 15minutes by using Elliot wave theory, the accuracy becomes astonishing provided that you have not only good knowledge of it but also good experience in it.
  • #3,537
  • Jul 10, 2024 2:05pm Jul 10, 2024 2:05pm
Quoting rehmatkhan00
{quote} I can’t explain it here but if you combine 4hr, 1hr and 15minutes by using Elliot wave theory, the accuracy becomes astonishing provided that you have not only good knowledge of it but also good experience in it.
I also use elliott wave but not much, Well, I will check it next time in Sha Allah
Stop Procrastinating
  • #3,538
  • Edited 3:10pm Jul 10, 2024 2:21pm | Edited 3:10pm
If bears do not hold 1.08242-1.08254 Resistance it will continue up. Last drop was perfectly tested at buyer zone & they reacted strong. Bulls are still there. I foresee a testing of 1.084 maybe 1.085 ( regardless of data) unless bears can keep bulls below 1.083. 1.082 is holding well for support. My advice just wait. I am guessing the banks are making a killing today with so many fake breakouts.

My theory is a retest up top before a possible trend change - this would follow the typical behavior following indecisiveness. Don't rely on standard weekly data to carry a trend. I believe currently data only forces a temporary shift, not a trend change.

P.S. Keep An Eye For 1.0284- 1.08320 if we get there.
Attached Image (click to enlarge)
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,539
  • Jul 10, 2024 2:32pm Jul 10, 2024 2:32pm
Quoting ahmerjamil
{quote} I also use elliott wave but not much, Well, I will check it next time in Sha Allah
try to learn in detail, it will give you a lot of benefits.
  • #3,540
  • Jul 10, 2024 2:34pm Jul 10, 2024 2:34pm
This time the bull should break 1.0830 resistance if they fail to do so then we might see one more strong movement to the downside which may find support at 1.0800-10.
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