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  • #5,441
  • Aug 20, 2024 11:51pm Aug 20, 2024 11:51pm
Quoting ahmerjamil
Right now, Nearest support at 1.1089, Looking at bears power!
Fibo 23.6% where is Pedro, he is got more knowledge at this!
Looking for profitable short term trades ...|
  • #5,442
  • Aug 20, 2024 11:55pm Aug 20, 2024 11:55pm
Quoting Js3mwtRc
{quote} Fibo 23.6%
Yeah but not only Fib, We also have FVG & OF + It was resistance before and now it can become support!
Quoting Js3mwtRc
{quote} where is Pedro, he is got more knowledge at this!
Hmm Absolutely, But i don't know, Where is Pedro!
Stop Procrastinating
  • #5,443
  • Aug 21, 2024 12:05am Aug 21, 2024 12:05am
Quoting ahmerjamil
{quote} {quote} Yeah, I see, It is repeatedly forming but giving very little or no reaction, Let's see...
4 hrs divergence probably not anymore too

trendline still supporting so no bear yet
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2860.jpeg Size: 372 KB
Patience, Emotion Control and Discipline.
  • #5,444
  • Aug 21, 2024 12:13am Aug 21, 2024 12:13am
Quoting johncen
{quote} 4 hrs divergence probably not anymore too trendline still supporting so no bear yet {image}
Absolutely, That's why I say stay away from SellBotton until we reach at least 1.1285!
Stop Procrastinating
  • #5,445
  • Aug 21, 2024 12:15am Aug 21, 2024 12:15am
Quoting ahmerjamil
{quote} Absolutely, That's why I say stay away from SellBotton until we reach at least 1.1285!
1.1285 is too far! I need a proper retracement before that.
Patience, Emotion Control and Discipline.
  • #5,446
  • Aug 21, 2024 12:19am Aug 21, 2024 12:19am
Quoting ahmerjamil
{quote} Yeah but not only Fib, We also have FVG & OF + It was resistance before and now it can become support! {quote} Hmm Absolutely, But i don't know, Where is Pedro!
My friend bulls better close above that or else bears will spin again... I dont know where is Pedro either!
Looking for profitable short term trades ...|
  • #5,447
  • Aug 21, 2024 12:27am Aug 21, 2024 12:27am
Quoting johncen
{quote} 1.1285 is too far! I need a proper retracement before that.
Yes, It's too far, But, If you look at the previous, It has taken pullbacks/retracement, But recent leg retracement has not yet occurred, But we are not getting any retracement too!

H4:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-21_00-23-57.png Size: 40 KB
Stop Procrastinating
  • #5,448
  • Aug 21, 2024 12:47am Aug 21, 2024 12:47am
We are dropping!
Looking for profitable short term trades ...|
  • #5,449
  • Aug 21, 2024 12:50am Aug 21, 2024 12:50am
Quoting Js3mwtRc
We are dropping!
Shhhh sir, Bulls will listen...
Stop Procrastinating
  • #5,450
  • Aug 21, 2024 12:58am Aug 21, 2024 12:58am
Quoting ahmerjamil
{quote} Shhhh sir, Bulls will listen...
Yes, they can listen to the bears jamming!
Looking for profitable short term trades ...|
  • #5,451
  • Aug 21, 2024 2:11am Aug 21, 2024 2:11am
no red news until fomc. We are still in the channel and bull is remain in charged
Patience, Emotion Control and Discipline.
  • #5,452
  • Aug 21, 2024 2:14am Aug 21, 2024 2:14am
London Open Bulls were strong but the pullback was Crazy I almost thought it was going bearish during the retracement but anyway I'm long around 1.11120
If FOMC minutes are Hawkish for EURUSD tonight we might hit (1.12720 High from 18 July 2023) this week who knows
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240821_105652_MetaTrader 4.jpg Size: 164 KB
Rra di chelete
  • #5,453
  • Edited 3:10am Aug 21, 2024 2:21am | Edited 3:10am
Quoting Js3mwtRc
We are dropping!
that 1 min tf retracement made me think I should sell but then I checked out H1,M30,M15 and M5 and saw strong support
i didn't sleep enough today so i almost took a short sell but I put on My PA Hat and went long instead
This is why I try to stay away from M1 TF that dude can be deceiving sometimes
Rra di chelete
  • #5,454
  • Aug 21, 2024 2:37am Aug 21, 2024 2:37am
Quoting Tshepside
{quote} that 1 min tf retracement made me think I should sell but then I checked out H1,M30,M15 and M5 and saw strong support i didn't sleep enough today so i almost took a short sell but I put My PA Hat and went long instead This is why I try to stay away from M1 TF that dude can be deceiving sometimes
I think we are seeing another one attempt from the bear below 1.1139 resistance!
Looking for profitable short term trades ...|
  • #5,455
  • Aug 21, 2024 3:17am Aug 21, 2024 3:17am
Quoting Js3mwtRc
{quote} I think we are seeing another one attempt from the bear below 1.1139 resistance!
that's just wave 2 a chance to enter full margin for high leverage traders I only like going full force at the start of wave 3 (the end of wave 2) the Hour 1 candle is green now the bulls are in control
Since Monday all wave 2 retracements been 23.4% of wave 1 using the Fibo Retracements on 5M TF
Rra di chelete
  • #5,456
  • Aug 21, 2024 3:24am Aug 21, 2024 3:24am
Quoting Tshepside
{quote} that's just wave 2 a chance to enter full margin for high leverage traders I only like going full force at the start of wave 3 (the end of wave 2) the Hour 1 candle is green now the bulls are in control Since Monday all wave 2 retracements been 23.4% of wave 1 using the Fibo Retracements on 5M TF
This Book Helped Me Use Fibonacci and Wave Theory together for Better Entries and waiting for retracements at certain levels like 23.4% this week
Most probably know this knowledge, but check it out if interested
Attached File(s)
File Type: pdf Elliott Wave-Fibonacci High Probability Trading (Frank Miller, Jarrod Sanders) (Z-Library).pdf   5.1 MB | 1,863 downloads
Rra di chelete
  • #5,457
  • Aug 21, 2024 3:28am Aug 21, 2024 3:28am
Quoting Js3mwtRc
We are dropping!
Did I miss something?
I'll Sell when price is heading to Hell
  • #5,458
  • Aug 21, 2024 3:32am Aug 21, 2024 3:32am
Quoting Tshepside
{quote} This Book Helped Me Use Fibonacci and Wave Theory together for Better Entries and waiting for retracements at certain levels like 23.4% this week Most probably know this knowledge, but check it out if interested {image}
Thank you brother for sharing, We will all learn this correctly, And this PDF is gold!
Stop Procrastinating
  • #5,459
  • Aug 21, 2024 3:57am Aug 21, 2024 3:57am
Quoting braintec
{quote} Did I miss something?
Just a boring session!
Looking for profitable short term trades ...|
  • #5,460
  • Aug 21, 2024 4:30am Aug 21, 2024 4:30am
And if you look Daily, So we have daily FVG from 1.1071 to 1.1029, & OF at 1.1047!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-21_04-29-00.png Size: 17 KB
Stop Procrastinating
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