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- Mitiblotch replied Apr 12, 2024
Today price will most likely range between 1.0700 and 1.0780. Reason: see options expiry below. Edit: price has broken 1.0700 and can hit 1.0660 if it wants. But that's as far as I can see. However, I see price returning to the options area.
- Mitiblotch replied Apr 11, 2024
Let's go catch 50% or 61.8%. image
- Mitiblotch replied Apr 11, 2024
Easiest scalp buy for at least 20 - 30 pips.
- Mitiblotch replied Apr 10, 2024
Extremes. Over 100 pips dump for the day and all pivots to the downside smashed. Scalp a long here at 1.0852. See if I get 20 pips from it. Don't joke with buys if you are still learning the ropes. 1.0847 monthly pivot will now be rock Gibraltar for ...
- Mitiblotch replied Apr 9, 2024
Close to my short entry. Pending short placed at 1.0890. I need a spike to get to it. It's either it or it. Not entering a pip lower (I wish).
- Mitiblotch replied Apr 5, 2024
If it's bear they'll never make it easy. They'll keep bouncing up to kick out sellers before really coming down. Before news sellers were about 63% so I was sure of a bounce. On larger timeframes this can even go up to 1.12 and still be distribution ...
- Mitiblotch replied Apr 5, 2024
Annoying that the pending didn't trigger. If this manages to close above 1.0847 mobthly pivot today, we fly next week.
- Mitiblotch replied Apr 3, 2024
Update: break of the bottom of the wedge was indeed false as precisely foretold! Now we get the upside break for price to hit just under 1.0849. Oh the precision of this forecast!
- Mitiblotch replied Apr 3, 2024
Update: break of the bottom of the wedge was indeed false as precisely foretold! Now we get the upside break for price to hit just under 1.0849. Oh the precision of this forecast!
- Mitiblotch replied Apr 1, 2024
Update: Expected ??false break down of the wedge. Shorts closed in profit. First long 1.0745 for a move back into the wedge.
- Mitiblotch replied Apr 1, 2024
Update: price has done exactly as analysed. First buy in at 1.0745. I will pursue scalp buys until 1.0700. This is the false break of the falling wedge as predicted. We should see a rise back into the wedge IF we are to go back up.
- Mitiblotch replied Apr 1, 2024
My short TP sits at 1.0762. Then I'll wait for the bottom of this falling wedge to be falsely broken to reach 1.0740 or even 1.0700 area upon which I'll buy for a rise to monthly pivot at 1.0849. That's my simply thought process.
- Mitiblotch replied Apr 1, 2024
Gator, I'm selling with TP at 0762. I'm getting ready for a buy after the bottom of the falling wedge is broken for a false break. When that happens which might hit around 0740 then I'll buy for a rise to monthly pivot at 0849. And from there ...
- Mitiblotch replied Mar 29, 2024
EU 15min chart. If that plays out maybe cable can also rise some? I don't trust price today so not committing to it.
- Mitiblotch replied Mar 29, 2024
I guess I'll hold off shorts for now.
- Mitiblotch replied Mar 29, 2024
Anybody thinking the same SHS pattern?
- Mitiblotch replied Mar 27, 2024
From this system I expect that price might get to the top of the blue band around 2660. image From my fibs I expect at least 50% retracement since 38.2% was breached. And this should be around 1.2689. image Holding buys till either 2660 or if ...
- Mitiblotch replied Mar 22, 2024
These bulls won't die easy. See my sketch. Mini SHS pattern on the daily. I expect a right shoulder which means a spike to 1.0880 again and then a good dump to good old 1.06 area.
- Mitiblotch replied Mar 21, 2024
I'm happy if you made those 50 pips. I'm just saying don't rush. I made a post hours before FOMC saying price can even hit above 1.10 but showed weekly and monthly charts showing price is going more than 1000 pips below. I'm also scalping buys but ...
- Mitiblotch replied Mar 20, 2024
Hmm... you're in a haste. Kindly take a look.