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New Cable Thread & Other Pairs

  • #8,401
  • Jul 29, 2024 10:05am Jul 29, 2024 10:05am
Quoting Alorente
{quote} Pedro, if everything goes according to script, there should not be any important bounces. The 10 EMA should definitely not cross the 20 until after we arrive at the 2330 TP sometime tomorrow Afternoon/Evening. After that there should be retests of the low for another day or two.
Gold likes to clear stops and fake breakouts.
This 2380 was minimum target for Bfly H1, as we stand, there is still a signal for drop to 2260 but that is a high timeframe and they can still challenge the surroundings.
I have to see what else is going to form around this area.
We watch the charts from every angle so you don't have to!!
  • #8,402
  • Jul 29, 2024 10:07am Jul 29, 2024 10:07am
Quoting SmallGains
My plays so far today just doing some scalping. {image}
Book one more eur trade.
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  • #8,403
  • Jul 29, 2024 10:07am Jul 29, 2024 10:07am
Quoting Alorente
{quote} Excellent work !!! Please explain what steps you are following for Entries and Exits. Thanks,
I use the 10 and 20 and follow how you said to play. Then i look at pivot points and fib like pedro does. Kinda making a combo out of the 2.
  • #8,404
  • Jul 29, 2024 10:10am Jul 29, 2024 10:10am
Quoting pedro319
{quote} Gold likes to clear stops and fake breakouts. This 2380 was minimum target for Bfly H1, as we stand, there is still a signal for drop to 2260 but that is a high timeframe and they can still challenge the surroundings. I have to see what else is going to form around this area.
OK. Please let us know if you spot any Butterflies flying. Thanks.
Observation is the path to discovery.
  • #8,405
  • Edited 10:29am Jul 29, 2024 10:10am | Edited 10:29am
Got chance with real confirmation 0801 eurusd and gu jumped enough , so waiting signal 2845 for bottom test again!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #8,406
  • Jul 29, 2024 10:10am Jul 29, 2024 10:10am
Dixie
W1
2 Harmonic swings
Market loves harmony and we not talking about contraceptives !!
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We watch the charts from every angle so you don't have to!!
  • #8,407
  • Jul 29, 2024 10:11am Jul 29, 2024 10:11am
Quoting SmallGains
{quote} I use the 10 and 20 and follow how you said to play. Then i look at pivot points and fib like pedro does. Kinda making a combo out of the 2.
What TF chart do you scalp?
Observation is the path to discovery.
  • #8,408
  • Jul 29, 2024 10:12am Jul 29, 2024 10:12am
Quoting Alorente
{quote} OK. Please let us know if you spot any Butterflies flying. Thanks.
There are a couple of caterpillars...awaiting ...metamorphosis
We watch the charts from every angle so you don't have to!!
  • #8,409
  • Jul 29, 2024 10:13am Jul 29, 2024 10:13am
Quoting Alorente
{quote} What TF chart do you scalp?
Currently im using PA on the 15m then switch to 5m and find a entry at the rejection of the 20 if the 10 is below.
  • #8,410
  • Jul 29, 2024 10:14am Jul 29, 2024 10:14am
I moved my TP to 2322. It seems that is where it should touch the bottom side of the channel in 6 or 7 H4 candles from now. It depends how long it takes to get there, Tomorrow we will know better,
Observation is the path to discovery.
  • #8,411
  • Jul 29, 2024 10:15am Jul 29, 2024 10:15am
Quoting varun76
{image}
the hardest part in trading is to hold
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Precise Execution!
  • #8,412
  • Jul 29, 2024 10:17am Jul 29, 2024 10:17am
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We watch the charts from every angle so you don't have to!!
  • #8,413
  • Jul 29, 2024 10:18am Jul 29, 2024 10:18am
Quoting SmallGains
{quote} Currently im using PA on the 15m then switch to 5m and find a entry at the rejection of the 20 if the 10 is below.
Excellent. That is pro level work...
Observation is the path to discovery.
  • #8,414
  • Jul 29, 2024 10:19am Jul 29, 2024 10:19am
Quoting Alorente
I moved my TP to 2322. It seems that is where it should touch the bottom side of the channel in 6 or 7 H4 candles from now. It depends how long it takes to get there, Tomorrow we will know better,
With this acceleration it should get there easy.
We watch the charts from every angle so you don't have to!!
  • #8,415
  • Jul 29, 2024 10:24am Jul 29, 2024 10:24am
Quoting SmallGains
{quote} Currently im using PA on the 15m then switch to 5m and find a entry at the rejection of the 20 if the 10 is below.
What are you doing for Exits?
Observation is the path to discovery.
  • #8,416
  • Jul 29, 2024 10:35am Jul 29, 2024 10:35am
Quoting Alorente
{quote} What are you doing for Exits?
This one is a little harder to explain.

Pivot points and fib lvls are what im mainly using.
Buy when price crossed the pivot point Hard.
Sell at 50% fib lvl.
Chart below to get visual.

Also when i see the 5m chart price start looking like its glitching i get ready to sell. Then once i see it steady and not moving ill sell. (this is more just feeling though. thoughts on it are this. The glitching its the oppositions fighting. The steady part is the switching once battle is won and them moving sells to buy or buys to sells so it doesnt run before they are in)
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  • #8,417
  • Jul 29, 2024 10:52am Jul 29, 2024 10:52am
EUR/USD experienced a decline below the 1.0851 level due to a robust rebound in the US dollar. The pair came close to the 1.0800 mark before recovering slightly, although it remains under bearish pressure and threatens to break through the 1.0795 support level. Further support can be found at 1.0765, but keep an eye on the 1.0784 S2 weekly support and the 0.618% Fibonacci retracement level at 1.0775, derived from the 1.0665 to 1.0948 rally.

The 1.0825 and 1.0842 levels should serve as resistance in the short term. If these levels are surpassed, we could see more upside towards 1.0861 and today's high.

Stay vigilant and monitor price action around these key levels, as they will likely influence the pair's direction in the coming sessions.

Have a great rest! It's been a pleasure chatting with you, bye!
Looking for profitable short term trades ...|
  • #8,418
  • Jul 29, 2024 11:24am Jul 29, 2024 11:24am
Quoting pedro319
{quote} Gold likes to clear stops and fake breakouts. This 2380 was minimum target for Bfly H1, as we stand, there is still a signal for drop to 2260 but that is a high timeframe and they can still challenge the surroundings. I have to see what else is going to form around this area.
profit for me thanks Pedro
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Scalping
  • #8,419
  • Jul 29, 2024 11:48am Jul 29, 2024 11:48am
Quoting zola
{quote} 10,000% next week?
yeah next goal 20.000
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #8,420
  • Jul 29, 2024 11:50am Jul 29, 2024 11:50am
Quoting guguxpto
{quote} profit for me thanks Pedro {image}
Well done!
We watch the charts from every angle so you don't have to!!
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