- #200,182
- Edited 5:34am Jul 17, 2024 4:46am | Edited 5:34am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
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Disliked1.092-1.097 good area for a sell. Lets see. I may jump the gun a little bit. With interest cut almost a guaranteed for Sept. EU will need to go down for it to go back up. Lots of liquidity down below.Ignored
DislikedI warned you people last time that the last 5th wave is not done and it should continue to the upside. For now it can still go up further and 1.0980 to 1.1000 should be its resistance if it continues its journey.Ignored
Disliked{quote} We are not fazed. Imagine having a 200k account and selling 3 lots at 1.0902.I can hedge and bank profits. I can wait and collect enough swaps. Whatever they do I will make profit. I'm loving it.
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Disliked{quote} yeah hedging is really an effective tool to lessen a damage and for an account as huge as 200k, 3 lots size should not be a big problem. However I usually keep SL really tight and most of the time my SL is 4-10 pips and my accuracy is around 40 percent and still I end up with profit.Ignored
DislikedAfter a long 4 days of patience and delays, some points and analyzes came to fruition. Can we expect the bulls to move further upriver and catch the bears at 1.0946? {image}Ignored
DislikedIf the price comes to 1.0920 and make a support then I am again buying it In Sha AllahIgnored
Disliked{quote} If bears fail to break support around 1.0930, it can make one more higher high which could end up at 1.0960-80 and this would be a final push up in the impulse wave.Ignored
Disliked{quote} Anywhere between 1.094xx and 61.8% technically (should) offer some strong resistance around the 1.096xx / 1.097xx (Triangle Daily Top TL) Break above and it could be an extended 5th over the 1.10s and into the 78.6% / 88.6% All depends if we get a throw over and break/hold or drop from 1.096xx /1.097xxIgnored
Dislikedhonestly with this green data, 61% Fibonacci region and divergence in the 15 minute chart time... If it is not indicating at least a retracement of at least 30 pips, I am blindIgnored
Disliked{quote} According EW, it should complete its correction and it may come down to 1.0920 before making one more higher high. {image}Ignored
Disliked{quote} Fits in with my ABC of equal legs around the 1.098s on the Daily{image}
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