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  • #202,421
  • Oct 30, 2024 4:10am Oct 30, 2024 4:10am
In case you were wondering your long entry was 0819, 1st tp @ 0833, 2nd tp @ 0852-0861
while the objective is profit, the job description is risk management
  • #202,422
  • Oct 30, 2024 4:31am Oct 30, 2024 4:31am
Based on H4, I am marking 1.0825 area as nearest support... Can bulls protect it? Time will tell...
Focus only on what truly matters!
  • #202,423
  • Oct 30, 2024 4:53am Oct 30, 2024 4:53am
Quoting andvk74
{quote} And IF they BOTH win - we'll get a CONSOLIDATION!
If Trump loses, he and Mike Johnson (speaker of the house) will execute a plan (6 actually) to put Trump into the White House even if he loses the election. Trump referred to it in the Madison Sq. Gardens event and tried something similar in 2020.

It's proposed that Johnson will not fulfill his constitutional obligations and allow certification of the results on Jan 6. on the basis of hundreds of lawsuits being filed against the Democrats and taken to the supreme court. If Trump loses, he won't be able to assert presidential impunity and keep himself out of jail so he has more on the line than just being president ...

If this turns out to be the course of action, US financial markets could go into complete disarray ...
Don't you know that I'm loco ...
  • #202,424
  • Oct 30, 2024 5:31am Oct 30, 2024 5:31am
Attached Image (click to enlarge)
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  • #202,425
  • Oct 30, 2024 6:18am Oct 30, 2024 6:18am
Support @0813-0818 sitting right on 1hr 50/200MA, we'll see I suppose, US numbers in an hour or so
while the objective is profit, the job description is risk management
  • #202,426
  • Oct 30, 2024 6:26am Oct 30, 2024 6:26am
Intraday wise, I am with bulls BUT there is still too much selling pressure...

Whenever we watch a fresh bull rally it ends up worse.. i.e. a sudden drop takes this pair to deeper levels than before.. Careful!
Focus only on what truly matters!
  • #202,427
  • Oct 30, 2024 6:41am Oct 30, 2024 6:41am
If today closes above the 1.0840 then I will be on board for bulls.
  • #202,428
  • Oct 30, 2024 6:51am Oct 30, 2024 6:51am
Most crucial level for today: 1.0825... Let's see what happens...
Focus only on what truly matters!
  • #202,429
  • Oct 30, 2024 6:53am Oct 30, 2024 6:53am
Quoting Ata-Turkoglu
Most crucial level for today: 1.0825... Let's see what happens...
Yep! The easier decision for me would be long. But I gotta see some good Price Action for confirmation. Those long wicks on the topside are not very encouraging.
  • #202,430
  • Oct 30, 2024 6:56am Oct 30, 2024 6:56am
Quoting Skracor247
{quote} Yep! The easier decision for me would be long. But I gotta see some good Price Action for confirmation. Those long wicks on the topside are not very encouraging.
triple agreement this side too
while the objective is profit, the job description is risk management
  • #202,431
  • Oct 30, 2024 7:29am Oct 30, 2024 7:29am
Quoting andvk74
{quote} And IF they BOTH win - we'll get a CONSOLIDATION!
Ah, a true trader no doubt. hehe
When you don't know where your going, any road will take you there.
  • #202,432
  • Oct 30, 2024 8:24am Oct 30, 2024 8:24am
Long is still on the table for me but just barely. Still waiting on Price Action to confirm...
  • #202,433
  • Oct 30, 2024 8:34am Oct 30, 2024 8:34am
Sides are back again to fight for ~1.0825.... Choppy choppy... More waiting time... Zzzzz....
Focus only on what truly matters!
  • #202,434
  • Oct 30, 2024 8:40am Oct 30, 2024 8:40am
Meanwhile, on H1...

As long as H1 candles open above ~1.0820, bulls have the upper hand BUT again: lots of sell pressure..

Bulls are sort of trying to swim against the stream... Struggle!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 27 KB
Focus only on what truly matters!
  • #202,435
  • Oct 30, 2024 8:53am Oct 30, 2024 8:53am
Next decision area is the 1.0850. It is longs until then for me.
  • #202,436
  • Oct 30, 2024 9:00am Oct 30, 2024 9:00am
Seem to .e they have started trapping bears yesterday and today
But you never know it may be the bulls getting trapped
  • #202,437
  • Oct 30, 2024 9:04am Oct 30, 2024 9:04am
ADP Non-Farm and Home Sales are through the roof while GDP is slightly down = bulls on parade EURUSD

Fundamentals are a joke stick to technical trading
Consistency is key
  • #202,438
  • Oct 30, 2024 9:13am Oct 30, 2024 9:13am
Bulls are good but there comes one new bottleneck after another... Now: ~1.0853: circle rim area... True struggle!

Go bulls go!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 29 KB
Focus only on what truly matters!
  • #202,439
  • Oct 30, 2024 9:39am Oct 30, 2024 9:39am
Quoting Matts Micro
{quote} Looking to add to this position with a good looking Gartley. Correlations are strong for my system. Swing trading can be risky but the rewards are greater if you can correlate harmonics, S/R levels, BO's etc etc etc... Not always right but who is {image}
A bit of noise in between but still holding...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 231.png Size: 23 KB
As the lights go by so too do the shadows move
  • #202,440
  • Oct 30, 2024 10:14am Oct 30, 2024 10:14am
Its doing that thing with the wicks...again
but in opposite land, I wouldn't be surprised if it hit 08777
while the objective is profit, the job description is risk management
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