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Matts Micro replied Aug 21, 2023Got taken from this trade -11pips. It would seem we are back to a 4hr BO that had a FO on the same TL Friday two weeks ago (5m kissed my TL confirmation nicely). After the 4hr FO the price tumbled (all last week). This latest BO seems technically ...
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Matts Micro replied Aug 20, 2023Looking at these two support / demand levels for the week.
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Matts Micro replied Aug 18, 2023Imo this could be the bears just dissolving the weak bulls for the ultimate push through of 834. Potentially a new LL then a continuance Gartley like setup afterwards for the windup hammer down. Not interested in the past but what is happening to ...
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Matts Micro replied Aug 18, 2023Still in LT trade. I am looking at the swing trade (5m chart) to buy in in the blue, a 4hr demand zone- up to my selling zone where the bears may kick in hard.
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Matts Micro replied Aug 17, 2023Imo LT view is the weekly hit the 61.8 fib ret. with prior bears owning the trend with hard momentum. Continued swing down perhaps. Will likely withdraw to BO TL to confirm or deny at some stage but is a LT view.
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Matts Micro replied Aug 15, 2023This trade is still open with the weekly BO bottom side. Could be a fake BO but riding it on ST MM so good even if comes up to knock me out on my covering SL.
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Matts Micro replied Aug 10, 2023Weekly rising wedge. See how it cracked the top level before the drop, this is typical before it comes down to break the lower edge. It is much the same as the BO of the 4hr TL we saw yesterday. At the moment price is at the level of confirming or ...
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Matts Micro replied Aug 10, 2023Imo be wary of anything under 1.9. There is a around a 220 day TL (start 26.9.22) that would be broken at this level. It would no doubt be a false BO to start with but even that may strangle the bulls. It is likely why we broke the 4hr TL today ...
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Matts Micro replied Aug 10, 2023I agree with pedro319 on this. There are a few reasons like pedro319 just suggested. the "50" and "100" levels tend to gather support/resistance though I don't trade to them. If you look at the candles however in the green box, you can see the trend ...
EURUSD only
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Matts Micro replied Aug 10, 2023PA is just PA but i do admit I have been a little off and my range read for my stops and MM has been out by a few pips. Not concerned however, I can go through this for a couple of weeks and very occasionally longer but my profits chart returns back ...
EURUSD only
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Matts Micro replied Aug 10, 2023Yah I can see the battleground the bears wouldn't want a close higher either. I am Long again in the immediate ST PA.
EURUSD only
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Matts Micro replied Aug 10, 2023I think I better stop posting here I think you are all trading against me, Admit, it's true isn't it!... hehe. SL -12 pips. Will look to re-enter long.
EURUSD only