EURUSD

BP H. --- Long. . . .

BP 5' --- Quite a drop. . .. . Long now , as shown. Previous attempts were Failures. . . . . .

E. 5' --- Longed here again. . . . I cancelled my SL for previous longs and see what happened. . . . Still holding them...

Update. Watching for a deeper drop at the lower zone!

Daily chart - 50, 100 & 200 SMA'S

Long Eurusd 1.15159

E. and Bp 5' --- SLs in place.....

E. and BP 5' --- I am not very happy with PA .....Anyway , I have my SLs , as shown. . . . Watching . . .

FOMC Press Conference

Bidenflation is over. It's time the FED cut rates. The tariffs aren't adding to inflation as predicted by all liberal economists.

aha down. +17 pips in the pocket. Enough for today.

All longs were stoped at their SLs. . . . . .

E. and BP 5' --- Longed both here NOW...........as shown...................

Good day all , crew.............

If we go past 1476, next is 1542

My daily flip lvl 1.1477 Above this point, we will build the body of the daily candle

4H opened at 1.1476 just one pip shy!

Whats your tmf?

Could you please tell me what the abbreviation TMF stands for?

Timeframe! Sorry I thought you knew it!

Could retest the level 1.14500,

Thanks, I learned something new My levels are of two types: weekly TF levels, which are important for me throughout the entire week and I monitor them every day, and daily TF levels, which are simply the closing price of the previous day or alternatively the opening price of the current day. These levels are where I observe a bullish or bearish move, and I mark such a line. I trade whenever the price breaks through these levels in the direction of the breakout.

So, these are perfect points from which we build weekly/daily downward or upward trends, and the advantage between bulls and bears is the smallest at these points. Therefore, from this point, we build an advantage for one side, and it’s easiest for me to turn around from there. I have a graphical line on the chart that helps me see whether I am on the right side or the wrong side, and whether I should hold the trade or exit. I know I don’t want to be on the wrong side of such a point.
We can also apply this to H4 or H1 candles, but prices tend to break through such levels more often there. This approach requires low trading costs to be effective—I only have $2 per lot, so it costs me little, and I like to turn around sometimes several times. But I know I won’t get wiped out. I prefer to follow the price from these points.

Thanks, glad you are learning!