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New Cable Thread & Other Pairs

  • #11,261
  • Jan 21, 2025 7:20am Jan 21, 2025 7:20am
Quoting ianlikesgolf
{quote} Thank you GOR always appreciate when your post and you going the other way. there was not any real divergence today either in the direction i was trying to go. and h4 liquidity is what I should be focusing on too. DX is not in my mt5 either, but i can see it on trading view
, If I'm here, I am happy to share my thoughts, I closed the buy quickly when I saw a reaction to HTF resistance, you can see it on your chart on the left, HTF structure is stronger, until it breaks,,, and by then, a correction can be made, I closed the sell because I try to trade one session a day, (gold buy still open), can be bullish from here, I am always suspicious about NY,
'In the clearing stands a boxer And a fighter by his trade..'
  • #11,262
  • Jan 21, 2025 1:34pm Jan 21, 2025 1:34pm
what a dragging day :/ but it's worth it for 4%
a normal day should start around London open and end around London close, but today it just kept crawling down more than it should, then kept crawling up almost to end of day :/

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"the public is not yet ready for it" W.D. GANN
  • #11,263
  • Jan 22, 2025 2:30am Jan 22, 2025 2:30am
GU waiting on a retrace
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  • #11,264
  • Jan 22, 2025 2:49am Jan 22, 2025 2:49am
The 1.0403/58 range is a complex resistance zone, marked by Fibonacci levels, pivot points, moving averages, and previous highs. As time progresses, bulls might struggle to overcome this resistance.
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Looking for profitable short term trades ...|
  • #11,265
  • Jan 22, 2025 2:53am Jan 22, 2025 2:53am
Quoting Kwt4x
{quote} it's ok, you don't need it, it's just one of the tools for trading. but to make it simple, it's when price give a reading of HH and divergence indi's (MACD, RSI, OsMA, Stochastics ...) reading is LH, and vice versa. or price give a reading of HL and indi's reading is LL, and vice versa. {image} حياك الله
Thanks so much, i appreciate your reply and explanation on the subject. Do have a great day
  • #11,266
  • Edited 3:14am Jan 22, 2025 2:55am | Edited 3:14am
the importance of a well defined trading plan and trading rules for entry exit. then money management where its half a percent or 1 percent per trade with stop loss always strictly entered at the time of entry. these ones are what will make a trader successful. following the process of our personal trading plan and trading rules made according to our personality and lifestyle and trading style.
for reference GU and EU was pretty easy if I just followed my usual rules.
patience and discipline to become profitable.

area of liquidity, H4 fib like 38 or 61.8/ weekly pivot. wait for m15 MACD to cross,
draw in your falling wedge /channel m15
enter on the break of the wedge/channel and MACD crossed up
MACD can have a squeeze with its bands on the indicator combines well 26 bands with 1.618 deviation setting
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  • #11,267
  • Jan 22, 2025 2:59am Jan 22, 2025 2:59am
Quoting Js3mwtRc
The 1.0403/58 range is a complex resistance zone, marked by Fibonacci levels, pivot points, moving averages, and previous highs. As time progresses, bulls might struggle to overcome this resistance. {image}
The bears are generally swayed by the expectation that EURUSD may break upside at another resistance 1.0435, thereby majority of the bears are not committing funds in the market yet.
  • #11,268
  • Jan 22, 2025 3:00am Jan 22, 2025 3:00am
aggressive entry, more reasons in full chart

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"the public is not yet ready for it" W.D. GANN
  • #11,269
  • Jan 22, 2025 3:06am Jan 22, 2025 3:06am
Quoting ianlikesgolf
GU waiting on a retrace {image} {image}
Dollar Struggles in 108 zone, for now, weakness is visible, it looks like a good time for some bulls, but the bears are also on standby,
Quoting GOR
{quote} The dollar is still in power, 108 zone {image}
'In the clearing stands a boxer And a fighter by his trade..'
  • #11,270
  • Jan 22, 2025 3:12am Jan 22, 2025 3:12am
Quoting Kwt4x
aggressive entry, more reasons in full chart {image}
very nice entry OT
on m5 on my normal chart ok
2nd chart there was a reading and an oversold on m15
a little above 1/4 weekly MA
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  • #11,271
  • Jan 22, 2025 3:17am Jan 22, 2025 3:17am
Quoting ayodeyleh
{quote} The bears are generally swayed by the expectation that EURUSD may break upside at another resistance 1.0435, thereby majority of the bears are not committing funds in the market yet.
You mean for today? The previous days bears are pretty active according on retail sentiment indicator. Also seems that they are entering higher yet. When this process is over - usually on a significant high or above then it collapses.
Looking for profitable short term trades ...|
  • #11,272
  • Jan 22, 2025 4:09am Jan 22, 2025 4:09am
Quoting GOR
{quote} Dollar Struggles in 108 zone, for now, weakness is visible, it looks like a good time for some bulls, but the bears are also on standby, {quote}
Closed 75%, trailing with the rest, it seems I'm done, I don't see a bearish scenario soon enough and I certainly won't buy again today, the test can be massive, , GL,
'In the clearing stands a boxer And a fighter by his trade..'
  • #11,273
  • Jan 22, 2025 4:11am Jan 22, 2025 4:11am
DXY H4

important test for resistance.

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Its all just one persons opinion
  • #11,274
  • Jan 22, 2025 4:20am Jan 22, 2025 4:20am
Quoting Js3mwtRc
The 1.0403/58 range is a complex resistance zone, marked by Fibonacci levels, pivot points, moving averages, and previous highs. As time progresses, bulls might struggle to overcome this resistance. {image}
Watch now at 1.0458 if not a drop then a continuation at 1.0474!
Looking for profitable short term trades ...|
  • #11,275
  • Jan 22, 2025 4:29am Jan 22, 2025 4:29am
Quoting axecap
DXY H4 important test for resistance. {image}
Exactly what I was thinking about just now, it's not certain that the test will arrive very soon, so it's nice to leave some in the little pocket,
'In the clearing stands a boxer And a fighter by his trade..'
  • #11,276
  • Jan 22, 2025 4:56am Jan 22, 2025 4:56am
Quoting GOR
{quote} Exactly what I was thinking about just now, it's not certain that the test will arrive very soon, so it's nice to leave some in the little pocket,
61.8% of the 1.063 to 1.0177 drop. Guess where a 1:1 move drop will go!
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Looking for profitable short term trades ...|
  • #11,277
  • Jan 22, 2025 5:48am Jan 22, 2025 5:48am
i think this is the level were we will see if it will finally go to parity, or if it has other plans
  • #11,278
  • Jan 22, 2025 5:58am Jan 22, 2025 5:58am
Quoting Polimini
i think this is the level were we will see if it will finally go to parity, or if it has other plans
Me too! Trump is going to tout tariffs to everywhere and then the drop is going to be fast!
Looking for profitable short term trades ...|
  • #11,279
  • Jan 22, 2025 6:09am Jan 22, 2025 6:09am
Quoting Js3mwtRc
{quote} Me too! Trump is going to tout tariffs to everywhere and then the drop is going to be fast!
I follow your thinking but at the same time Trump is such a wildcard man, holly shit. It's like playing chess with a baboon, he can make a random move, no one would expect or make, at anytime and flip the game
  • #11,280
  • Jan 22, 2025 6:20am Jan 22, 2025 6:20am
Quoting Polimini
{quote} I follow your thinking but at the same time Trump is such a wildcard man, holly shit. It's like playing chess with a baboon, he can make a random move, no one would expect or make, at anytime and flip the game
Correct but the tarrifs story isn't going to vanish anytime soon and also ECB is going to cut again while the fed is on hold. I can't miss the opportunity!
Looking for profitable short term trades ...|
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