DislikedGood analysis mstandifer
Strat, whats your opinion on taking trades like this without typical PA like beob or SS when everything else lines up?Ignored
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DislikedGood analysis mstandifer
Strat, whats your opinion on taking trades like this without typical PA like beob or SS when everything else lines up?Ignored
DislikedBOSS and BIGBOSS down
BEEB has formed at strong (sorry Alexandra) resistance with confluence of the BOSS 20.
This seems like a logical place to continue the downtrend after this retrace (assuming it is just a retrace)
Some things to watch out for are that we are trading into the 20 and 50 and of course that big double bottom on the weekly
what do you guys think?
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DislikedHey Alexandra,
Maybe that level was an OBVIOUS weekly resistance level, does that mean that it would be a fake?
I perfectly understand your reasoning that this level SEEMS to be eyed by everyone and when that happens usually Ms. Market does the opposite, I wonder how true that is. And I also wonder how many traders OUTSIDE this thread saw that level. Because most others look at candle extremes, not closes and the resistance would have been at 91.7.
As for me, if a level stands out then it means it properly did its job in the past why not trust...Ignored
DislikedI suspect Alexandra for playing the enemy role here, to mess with our minds She's playing mind games!
But I'm an emotionless trading machine and I never react to fear nor to greed. I only respond to pure market signals. That being said, I have only one more thing to say: "he110 Strat, give sign4l, pls. 10x m8!"Ignored
DislikedI wasn't sure if a textbook trade from resistance to first daily support meant minor or major....Ignored
DislikedDefinitely a short trade from 92.10 resistance but not sure it will be a bottom re-test. It may well just be a dip in a new uptrend. I would urge caution on trading this.Ignored
Dislikedhow was that a good entry point? Its just a normal looking green bar no indication of selling. Isnt it a bit risky entering a trade without seeing any PA firs?Ignored
DislikedI'm thinking why would you consider that a new uptrend might emerge...
Looking at the Monthly charts I've been pondering the meaning of the high momentum bullish swing that started at the beginning of the year. While starting from April the price returned on its long term bearish trend it seems that the bearish momentum is signifcatly lower then the previous bearish swings AND than the bullish swing before. Could it be that the bears power is greatly diminished and a new (longer term) bullish trend might emerge?Ignored
DislikedHi Naws, Like the setup you posted for USD/JPY. I was monitoring UJ for setup too but too bad my data did not close with any decent PASR, just a normal candle.
Between, heard that you had just started your live trading. Found any difference with trading demo? Psychologically and trading wise? All the best to you mate... you are doing great.
SeanIgnored
DislikedYea I understand what you and Alexandra see when you trade right from s/r
This is a little too advanced for me right now though so I'll stick to pa for nowIgnored
DislikedHi all, just sharing my lines on AUSUSD for what they're worth. As is always my story, whether they hold or fail tells a story to me.
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DislikedHi all, just sharing my lines on AUSUSD for what they're worth. As is always my story, whether they hold or fail tells a story to me.Ignored
DislikedThe congestion that it goes through is more important than the line itself.Ignored