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  • #201,081
  • Aug 16, 2024 6:40pm Aug 16, 2024 6:40pm
Hi guys,
It seems that we have a strong Up trend, I'm in a small profit (0.01 Lot Size)
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  • #201,082
  • Aug 17, 2024 1:19am Aug 17, 2024 1:19am
Quoting Ata-Turkoglu
Meanwhile, on H1... No breakout yet on both sides... My MACD favors bulls more though.. Anyway.. Time will tell.. More waiting time.. Zzzzz... {image}
As mentioned earlier, right after a candle close outside of triangle, bulls enjoyed a cute rally... Bulls had the upper hand as anticipated!
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Focus only on what truly matters!
  • #201,083
  • Edited 4:38am Aug 17, 2024 3:45am | Edited 4:38am
H1 Alternative Outlook...

On this timeframe, bulls are intact BUT we must watch 1.1026 area.. Once above, bulls can continue rising..

If we see no bullishness once market opens, we probably will watch a revisit to previous breakout level: 1.100x area...

My two cents... Keep enjoying your weekends folks...

Cheers
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Focus only on what truly matters!
  • #201,084
  • Aug 17, 2024 5:10am Aug 17, 2024 5:10am
Quoting Ata-Turkoglu
H1 Alternative Outlook... On this timeframe, bulls are intact BUT we must watch 1.1026 area.. Once above, bulls can continue rising.. If we see no bullishness once market opens, we probably will watch a revisit to previous breakout level: 1.100x area... My two cents... Keep enjoying your weekends folks... Cheers {image}
Divergence found correction to your target 1.100 most likely
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  • #201,085
  • Aug 17, 2024 5:56am Aug 17, 2024 5:56am
WEIRD!!!
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  • #201,086
  • Aug 18, 2024 4:30pm Aug 18, 2024 4:30pm
I spy a rising wedge
with my little eye
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  • #201,087
  • Aug 18, 2024 6:18pm Aug 18, 2024 6:18pm
Quoting Bloodwish
I spy a rising wedge with my little eye {image}
where do you think the next major resistance level? I'm looking at 1.1080 ish level according to the day chart. I got in long Thursday 1.0962. I was going to keep it until then. I only use support and resistance and fibs mostly from the 1day and the 4hr charts. I was planning on taking a short some around 1.1080. Thoughts?
  • #201,088
  • Edited 11:14pm Aug 18, 2024 9:34pm | Edited 11:14pm
Quoting 1mdtreeman
{quote} where do you think the next major resistance level? I'm looking at 1.1080 ish level according to the day chart. I got in long Thursday 1.0962. I was going to keep it until then. I only use support and resistance and fibs mostly from the 1day and the 4hr charts. I was planning on taking a short some around 1.1080. Thoughts?
I agree I would buy only if 1.10000 area supports
but
Brother Ata's insight should matter
  • #201,089
  • Aug 18, 2024 11:14pm Aug 18, 2024 11:14pm
Quoting 1mdtreeman
{quote} where do you think the next major resistance level? I'm looking at 1.1080 ish level according to the day chart. I got in long Thursday 1.0962. I was going to keep it until then. I only use support and resistance and fibs mostly from the 1day and the 4hr charts. I was planning on taking a short some around 1.1080. Thoughts?
I would take profit here on buys
Could go up more because a small correction seems more likely till 1.1005 maybe
  • #201,090
  • Aug 18, 2024 11:27pm Aug 18, 2024 11:27pm
Prices are slowly rising, but I see RSI entering the overbought zone on H1, even though there is no high-impact news today, it's risky to take it here.
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I trade at FXOpen
  • #201,091
  • Aug 19, 2024 12:16am Aug 19, 2024 12:16am
Better to be on the bull side
  • #201,092
  • Aug 19, 2024 1:43am Aug 19, 2024 1:43am
Quoting mustafayucel
I entered a short position at 1.0994 with 54 pips SL for swing trading. {image} {image}
Hello everyone. Good morning.
Stopped! I'll wait for the price to renew itself. Have a good week.
Swing Trader
  • #201,093
  • Aug 19, 2024 2:35am Aug 19, 2024 2:35am
For this week, just remember this: ~1.1060 is AB=CD completion point on WEEKLY...

Happy trading week to all
Focus only on what truly matters!
  • #201,094
  • Aug 19, 2024 9:13am Aug 19, 2024 9:13am
Quoting Ata-Turkoglu
Quick DAILY Outlook Today all I care is 1.0970 area support. If bears can't break below it, bulls surely will use this opportunity and rush up to retest latest highs: 1.1050/60 area. It's Friday folks... Please trade extra carefully! My two cents {image}

Hi ATA, only a tecnical question, i am learning. In Gartley i found that D point need to be 78.6% of XA. So, why do you set 1.1057 area for D instead 1.1020 area (that is 78.6%)?

Thanks
  • #201,095
  • Aug 19, 2024 9:30am Aug 19, 2024 9:30am
Yes!! 1.1139 here we come
  • #201,096
  • Aug 19, 2024 9:33am Aug 19, 2024 9:33am
Quoting vinesh1
{quote} Quote from last week. Happening. So lets see how many account this wipes out. Could be 1.103-1.108 next. Rate cut getting baked in.
still looking at this
  • #201,097
  • Aug 19, 2024 9:34am Aug 19, 2024 9:34am
Quoting vinesh1
{quote} 1.114 amd above is possible either this week most likley next. Depends on this week's close. Squeezing out all the shorts.
this maybe possible as well. Let's see. Unlikely but you never know with these robber bankers.
  • #201,098
  • Aug 19, 2024 9:38am Aug 19, 2024 9:38am
This is getting ridiculous
Consistency is key
  • #201,099
  • Aug 19, 2024 9:44am Aug 19, 2024 9:44am
Quoting Bloodwish
{quote} I would take profit here on buys Could go up more because a small correction seems more likely till 1.1005 maybe
according to the daily would start looking for shorts around the 1.1080 level. look for entry candles
  • #201,100
  • Aug 19, 2024 9:50am Aug 19, 2024 9:50am
Quoting 1mdtreeman
{quote} according to the daily would start looking for shorts around the 1.1080 level. look for entry candles
Thanks brother
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