Disliked{quote} Update 0538 may give a test to 0635 to 0483 which ever one comes first.Ignored
- #203,302
- Dec 6, 2024 7:50am Dec 6, 2024 7:50am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
hi all, With good USA data results, why is a BULL? I don't understand. Enlighten me, please. {image}
Hope you understand! 
Stop Procrastinating
- #203,308
- Dec 9, 2024 12:41am Dec 9, 2024 12:41am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Quick D1 Outlook
- Ugly day... Every time price tests support (or resistance) things get shady!
- The question for the week is: Can bears break below ~1.0531?
- If yes, we keep falling and my bias switches to bearish!
- If no, bulls will try to break above ~1.0636. That is also not so easy with current steepness of channel.
- Therefore: I will scalp extra careful and trade mixed!
Happy new week to all 
Focus only on what truly matters!
- #203,312
- Dec 9, 2024 4:04am Dec 9, 2024 4:04am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Daily Outlook (Alternative)
- Even with my circle logic, I still get the exact same resistance level to watch for the day: 1.0636!
- Since we are inside the final weeks of 2024, it could get either boring OR volatile in upcoming days.
- Today's support on this chart sits around 1.0526... not so far away from previous post: 1.0531..
My two cents
Focus only on what truly matters!
- #203,313
- Dec 9, 2024 4:08am Dec 9, 2024 4:08am
Quick D1 Outlook Ugly day... Every time price tests support (or resistance) things get shady! The question for the week is: Can bears break below ~1.0531? If yes, we keep falling and my bias switches to bearish! If no, bulls will try to break above ~1.0636. That is also not so easy with current steepness of channel. Therefore: I will scalp extra careful and trade mixed! Happy new week to all
You'd need an extremely large SL to go in long now - which would exceed risk.
High, I'd see testing of early afternoon Friday prices.
while the objective is profit, the job description is risk management
- #203,314
- Dec 9, 2024 4:36am Dec 9, 2024 4:36am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
{quote} Agreed, really would be no suprise if price revisited this mornings low, but doesn't matter, I don't have any open positions. You'd need an extremely large SL to go in long now - which would exceed risk. High, I'd see testing of early afternoon Friday prices.
Therefore, no problem with stops!
Best wishes
Focus only on what truly matters!
- #203,315
- Dec 9, 2024 4:38am Dec 9, 2024 4:38am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Focus only on what truly matters!
- #203,316
- Dec 9, 2024 4:57am Dec 9, 2024 4:57am
- | Joined Mar 2022 | Status: Trader | 1,093 Posts
It looks very hard here 
- #203,317
- Edited 6:38am Dec 9, 2024 5:29am | Edited 6:38am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
Based on H1, I am marking 1.0555 as nearest support area... That's where I would risk a scalper-long! *The closer price gets to 1.0625/35 area, I am planning to look for scalper-shorting opportunities. No rush!
I hope you and your loved ones in
are/be safe from the mire of the Middle East.Also opened
SellStop on: 1.0576
BuyStop on: 1.0588
For only Scalp. With less than 10 pips stop and tp
Edit: sell is active now / sl at be 1.0575 tp OPEN
Edit2: closed +10 pip
A little beginner trader since 2006
- #203,319
- Dec 9, 2024 8:48am Dec 9, 2024 8:48am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
To me pa is not respecting any thing at all so its not good day for me
Overall, a dull day. Better days will come brother. All well
Focus only on what truly matters!
