do not follow me 99.9999999% of times, rest you can lol
- #5,941
- Aug 29, 2024 1:01am Aug 29, 2024 1:01am
- Joined Jun 2013 | Status: enjoying life | 23,969 Posts
- #5,943
- Aug 29, 2024 1:23am Aug 29, 2024 1:23am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,537 Posts
{quote} thanks
Haven't heard for "US Makeup QoQ..." whats this for!! 
Looking for profitable short term trades ...|
- #5,944
- Aug 29, 2024 1:26am Aug 29, 2024 1:26am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,537 Posts
I don't think we have a strong demand zone right now unless the one below this, this will also complete the H&S pattern, correct me if something needs to be adjusted or changed pls {image}
Looking for profitable short term trades ...|
- #5,946
- Aug 29, 2024 1:29am Aug 29, 2024 1:29am
- Joined Nov 2008 | Status: Trader | 2,143 Posts
The way I see it, all stops were run, even from swing traders.
In EW terms we are on a Diagonal W5 on the D and 240, to the Weekly high I marked. In the old days, diagonal 5s was an exception, these days is mostly the rule. Traders who missed the W3, jump on the correction (W4), to profit from W5. The algos of the Big Boys are programmed to hunt stops.
That is why I don´t trade EW anymore, but keep it as a reference. I only trade M1. That is where I can try to see the hand of the algo moving, and get used to it, even on 30 Tick chart. It´s like Pac-Man, almost fun to watch the greed of the algo for the stops. Once hit, it flies away.
Remember, Goldman Sachs had 1, just 1 losing day in 2023. (you can Google the number). How is that possible without their "secret edge".
Billions of cash, best traders they can employ, best hardware. The whole company works 24/7. The same goes for the 5 big banks that run forex. And apparently, they all get access to the real-time orders of all of us retailers.
So basically, it is like playing poker against someone who can read your cards.
Btw. all 3 Stochastic Rsis on the 240 are screaming green.Usually a very strong signal.
You all have a spectacular day of this awesome life we have.
In EW terms we are on a Diagonal W5 on the D and 240, to the Weekly high I marked. In the old days, diagonal 5s was an exception, these days is mostly the rule. Traders who missed the W3, jump on the correction (W4), to profit from W5. The algos of the Big Boys are programmed to hunt stops.
That is why I don´t trade EW anymore, but keep it as a reference. I only trade M1. That is where I can try to see the hand of the algo moving, and get used to it, even on 30 Tick chart. It´s like Pac-Man, almost fun to watch the greed of the algo for the stops. Once hit, it flies away.
Remember, Goldman Sachs had 1, just 1 losing day in 2023. (you can Google the number). How is that possible without their "secret edge".
Billions of cash, best traders they can employ, best hardware. The whole company works 24/7. The same goes for the 5 big banks that run forex. And apparently, they all get access to the real-time orders of all of us retailers.
So basically, it is like playing poker against someone who can read your cards.
Btw. all 3 Stochastic Rsis on the 240 are screaming green.Usually a very strong signal.
You all have a spectacular day of this awesome life we have.
- #5,949
- Aug 29, 2024 2:28am Aug 29, 2024 2:28am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,537 Posts
the 200 EMA in 1hr, is offering support, bruh this could shoot towards the 500, 44 emas and drown from there, by the way, this is my custom indicator, is it good? {image}
does it follows the price moves faster?
Looking for profitable short term trades ...|
- #5,950
- Aug 29, 2024 2:31am Aug 29, 2024 2:31am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Good afternoon!
Based on M15, Right now we are at a support, If it fails next is 1.1095, And I want to see the price at 1.1150, 70, So that I can load the short, If you ask me about it, I will tell you, Here is H4 FVG M15 and support that could become resistance, And the biggest reason is that its buyers are increasing, There is opportunity for the price to fall, This is just my view! 
Based on M15, Right now we are at a support, If it fails next is 1.1095, And I want to see the price at 1.1150, 70, So that I can load the short, If you ask me about it, I will tell you, Here is H4 FVG M15 and support that could become resistance, And the biggest reason is that its buyers are increasing, There is opportunity for the price to fall, This is just my view!
Stop Procrastinating
- #5,951
- Aug 29, 2024 2:31am Aug 29, 2024 2:31am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,537 Posts
Eu got rejected again from pivot, it looks like it May go down to 1.1070 or bit lower if bulls fail to protect 1.1100 area.
Looking for profitable short term trades ...|
- #5,952
- Aug 29, 2024 2:33am Aug 29, 2024 2:33am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,537 Posts
Good afternoon! Based on M15, Right now we are at a support, If it fails next is 1.1095, And I want to see the price at 1.1160, 70, So that I can do a short load, If you ask me about it, I will tell you, Here is H4 FVG M15 and support that could become resistance, And the biggest reason is that its buyers are increasing, There is opportunity for the price to fall, This is just my view!{image} {image}
Looking for profitable short term trades ...|
- #5,953
- Aug 29, 2024 2:34am Aug 29, 2024 2:34am
- Joined Jun 2013 | Status: enjoying life | 23,969 Posts
{quote} I like the scenario! EU Chart?
do not follow me 99.9999999% of times, rest you can lol
{quote} Why is better from a simple ma
additionally, you get volume, atr, candle open, close, daily range, pivot and as well as 2 resistances and 2 supports
- #5,955
- Aug 29, 2024 2:40am Aug 29, 2024 2:40am
- Joined Jan 2021 | Status: Trader | 2,624 Posts
{quote} It bounced from the low of the day, german cpi numbers are coming out so it might move further up to test 1150/59!
- #5,958
- Aug 29, 2024 2:52am Aug 29, 2024 2:52am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} I like the scenario! EU Chart?
But here is a neat and clean charts for all of you! 
H4:
H1:
M15:
Stop Procrastinating
- #5,960
- Aug 29, 2024 2:56am Aug 29, 2024 2:56am
- Joined Jun 2013 | Status: enjoying life | 23,969 Posts
Since yesterday bulls pushed the price up with volume well below average strength which shows weak struggle of bulls to keep the price above 1.1100 level. Maybe in the New York session they become stronger but for now the bears got upper hand. {image}
do not follow me 99.9999999% of times, rest you can lol