Disliked5243 was my target from last night, we have moved on from there. See my posts since for my plan.Ignored
got some out of that call close early 20's no regret
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Disliked5243 was my target from last night, we have moved on from there. See my posts since for my plan.Ignored
DislikedDepends on the TF. My TF says short and this is a rally in a bear market. Having said that, volume is drying on the M5 with these down bars.
DazzerIgnored
DislikedMy key here is the apparant rejection of 5243, I am giving it some time before I change my bias to bearish for today. Yes H1 and above are still bearish, M30 and below are bullish. Once they all line up again we will see 1.51. Untill then one needs to judge the end or continuation of the retrace. We have seen a few more honorary members of the smelly fingers brigade so far with the fake outs. I will keep mine clean as always.Ignored
DislikedWell, its up trend on my 1 hour chart here. I don't use low timeframes becuase they give many signals for a single day. I like staying with 1 to 3 signals a day from just a single pair than trading many times a day. So, I think it is up trend now and I will continue riding with it until it blends. I surely join you when my indicator says so for sure at 1.5192 or below and ride with the new trend. Still hoping the price continue going up I bought at 1.5247.Ignored
DislikedHey Cloggie,
Orders ready typed out for the short and then in the last minute of that M30 price jumped nearly 20 pips to form another doji and invalidated it yet again.
Another sucker punch by the pros if you couldn't wait for the bar to close. ALWAYS WAIT FOR THE BAR TO CLOSE. 12 months ago I'd have been sucked in twice already to those school-boy errors which end in dojis. A good scalping day today if your balls are big enough. Mine sadly are not.
Glad you're not smelly
DazzerIgnored
DislikedWell, its up trend on my 1 hour chart here. I don't use low timeframes becuase they give many signals for a single day. I like staying with 1 to 3 signals a day from just a single pair than trading many times a day. So, I think it is up trend now and I will continue riding with it until it blends. I surely join you when my indicator says so for sure at 1.5192 or below and ride with the new trend. Still hoping the price continue going up I bought at 1.5247.Ignored
DislikedWell, its up trend on my 1 hour chart here. I don't use low timeframes becuase they give many signals for a single day. I like staying with 1 to 3 signals a day from just a single pair than trading many times a day. So, I think it is up trend now and I will continue riding with it until it blends. I surely join you when my indicator says so for sure at 1.5192 or below and ride with the new trend. Still hoping the price continue going up I bought at 1.5247.Ignored
DislikedI always use the river analogy. I wait for the river to start flowing and jump on my lilo with a beer in hand to enjoy the ride, I don't jump into the rapids. I may miss part of the ride because I don't get in at tops and bottoms, but my ride is gentle and has a clear direction. Right now I am pumping up my lilo and stocking up on beer, once the river flows in a direction I will gently ascend and enjoy the scenery.Ignored
DislikedYep, we may see the upper line before any bearish moves. I very nearly jumped the gun twice today.
But been there and beat myself up many times before learning the hard way.
Good luck to you
DazzerIgnored
DislikedWhy would anyone buy or sell at 5247, we are at a pivotal resistance on H1 with no clear direction why not wait until we have a confirmation, lots less stress, lots less risk, greater rewards.Ignored
DislikedWhy would anyone buy or sell at 5247, we are at a pivotal resistance on H1 with no clear direction why not wait until we have a confirmation, lots less stress, lots less risk, greater rewards.Ignored