For me the chart is completely open for both bullish and bearish scenarios on the short term. I can see price reaching either 156.0 or 157.500 by the end of the session, with some decent deviations from expectations in the PMI and UoM reports. As it is Friday, maybe even both{image} In the medium term I am considering two pieces of conflicting information. Judging the UJ chart objectively, as it stands now, it is still fully bullish. On the 4H it is still making HHs and HLs, so there is nothing that would indicate that a strong correction...
{quote} Really good work I like your analysis. I know I’m suppose to be bullish which shows holes in my trading still. I just wish we could see 155.75 and I’d be happy with finally being kinda right.l and take profits. Still set to BE so can’t lose money right now. Good news came about possibly cutting rates ? FOMC coming up. That’ll drive up UJ the closer we get to it I’m sure so getting out of shorts soon might be smart.
Be kind and trade safe Y'all!
- #92,064
- Nov 21, 2025 9:29am Nov 21, 2025 9:29am
{quote} decisions decisions decisions… I kinda missed it. At work caring for people with disabilities. See the rejection ? Scalping woulda gave you 20 something right there. Since it hit I’ll take off 40% so I can be quiet and stop crying and have a W Friday !
- #92,066
- Nov 21, 2025 10:16am Nov 21, 2025 10:16am
- Joined Jun 2024 | Status: Still Learning | 2,819 Posts
{image} {image} {image}
I try hold short to see when fill gap 149,xxx
- #92,067
- Nov 21, 2025 10:23am Nov 21, 2025 10:23am
- Joined Jun 2024 | Status: Still Learning | 2,819 Posts
{quote} {image}
- #92,069
- Nov 21, 2025 10:52am Nov 21, 2025 10:52am
- Joined Jun 2024 | Status: Still Learning | 2,819 Posts
Maybe tomorrow's NY session wil be at 156,07-155,95
I guess UJ up to 157,25-157,38
- #92,073
- Nov 22, 2025 8:04am Nov 22, 2025 8:04am
- Joined Jun 2024 | Status: Still Learning | 2,819 Posts
- #92,074
- Nov 22, 2025 8:36am Nov 22, 2025 8:36am
- Joined Jun 2024 | Status: Still Learning | 2,819 Posts
I also trade stocks, and I quickly learned that I don't want to buy a hundred dollar stock, that only moves on average .02 cents a day. SGOV, BIL, etc.
I would definitely consider buying a hundred dollars worth of .80 cent stocks, that move on average .01 cent a day.
Which one do you think is going to yield the best return? The formula is easy: (ATR/price)*100 = ATR% of price.
The instrument with the highest ATR% will always yield better, but remember it comes with higher risk.
A $100 dollar stock that only moves on average .02 cents a day. (.02/100)*100 = .02 ATR%, for a total gain/risk of .02 cents.
An .80 cent stock that moves .01 cents a day. (.01/.80)*100 = 1.25 ATR%, but we bought 125*.01 stocks with that same $100, for a total gain/risk of $1.25.
I use this ATR% daily, and think it is a good way to measure volatility and risk.
Apply that same formula to forex pairs, and in the watchlists you'll see UJ daily ATR of 0.824, is 0.489% of its price.
Just my thoughts for the weekend. I'm tired of studying mql4. I hope everyone is having a great weekend!!!
PS: My youngest Daughter is home for the weekend, and she's eating all of our food, talking about how her job is a dumpster fire, LOL! She's an elementary school teacher, and one of the kids bit her last week. Didn't break the skin, but that's why I'm not a teacher. Who is raising these little monsters?
I would definitely consider buying a hundred dollars worth of .80 cent stocks, that move on average .01 cent a day.
Which one do you think is going to yield the best return? The formula is easy: (ATR/price)*100 = ATR% of price.
The instrument with the highest ATR% will always yield better, but remember it comes with higher risk.
A $100 dollar stock that only moves on average .02 cents a day. (.02/100)*100 = .02 ATR%, for a total gain/risk of .02 cents.
An .80 cent stock that moves .01 cents a day. (.01/.80)*100 = 1.25 ATR%, but we bought 125*.01 stocks with that same $100, for a total gain/risk of $1.25.
I use this ATR% daily, and think it is a good way to measure volatility and risk.
Apply that same formula to forex pairs, and in the watchlists you'll see UJ daily ATR of 0.824, is 0.489% of its price.
Just my thoughts for the weekend. I'm tired of studying mql4. I hope everyone is having a great weekend!!!
PS: My youngest Daughter is home for the weekend, and she's eating all of our food, talking about how her job is a dumpster fire, LOL! She's an elementary school teacher, and one of the kids bit her last week. Didn't break the skin, but that's why I'm not a teacher. Who is raising these little monsters?
Be kind and trade safe Y'all!
- #92,076
- Nov 23, 2025 4:01am Nov 23, 2025 4:01am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
{quote} If your deer hunting is Gap shooting. Gap prediction, then you and I are on the same page. Let's make a guess. Let's learn together.
- #92,077
- Edited 4:39am Nov 23, 2025 4:25am | Edited 4:39am
{quote} If your deer hunting is Gap shooting. Gap prediction, then you and I are on the same page. Let's make a guess. Let's learn together.
As for the gap, we'll get there, eventually, but I think we need to be a bit more patient. I wouldn't base my short term trading too heavily on the gap closure.
I also trade stocks, and I quickly learned that I don't want to buy a hundred dollar stock, that only moves on average .02 cents a day. SGOV, BIL, etc. I would definitely consider buying a hundred dollars worth of .80 cent stocks, that move on average .01 cent a day. Which one do you think is going to yield the best return? The formula is easy: (ATR/price)*100 = ATR% of price. The instrument with the highest ATR% will always yield better, but remember it comes with higher risk. A $100 dollar stock that only moves on average .02 cents a day. (.02/100)*100...
- #92,079
- Nov 23, 2025 6:49am Nov 23, 2025 6:49am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,365 Posts
- #92,080
- Nov 23, 2025 6:55am Nov 23, 2025 6:55am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
{quote} Do you look at seasonality for stocks {image} {image} {image}