My journey towards consistency

[Forexmospherian]

ok let me list why 7 09 scalp buy on UJ

-price broke 120.07 and was heading to next s 119.98
-false breakdown at 7 08am
- three quick lrs under price
- tw and kt

anything else?

not sure about key levels for EJ

Yes - you have mentioned main points and also the previous move with the quick drop would have got more bear swingers in to new trades - and then the market would be able to try and stop them out.

Also after say 30 mins more encouraged to buy again - with no breach of low

Now at 8 44 am the UJ as gone into a BTTZ area with price at 120 13 after a 23 high over 20 mins ago

 

[Forexmospherian]

After 9 00 am I will be looking more at GU for the news at 9 30 am

Please tell me now G - which pair or pairs do you want to focus at for this next new TW in approx 5 mins ??

 

[Forexmospherian]

UJ

8 49 am


We know 23 / 24 is a barrier level now

Dollar still strong atm - will that change over next 18 mins or so ??

 

[Forexmospherian]

8 51 am

EU as dropped under 0760 to new low at 54/55 atm

Bounces under 68 are sells again

 

[Forexmospherian]

EU

8 57 am

Now under 0750 at 49

Bounces staying under 65 now = are still sells again

 

[Forexmospherian]

The actual scalp change came in at 8 57/ 58 am on 6 pairs I have just looked at

 

[Forexmospherian]

9 06 am

Are you about gft ?

Going to cover GU in other thread for 9 30 am news - but will pop back when you are around

Check to see if you can see the clues of a change at 8 57/58 am ??

See you in a bit

 

[gftrader32]

9 06 am

Are you about gft ?

Going to cover GU in other thread for 9 30 am news - but will pop back when you are around

Check to see if you can see the clues of a change at 8 57/58 am ??

See you in a bit

Sorry had to run for schools then work, will be around 30min or so

 

[Forexmospherian]

Sorry had to run for schools then work, will be around 30min or so

Hi G

around now for 30 mins and then after say 2 00 pm to at least 3 45 pm or so

Let me know your next queries or plans etc on either UJ or EU


Regards


F

 

[gftrader32]

Hi G

around now for 30 mins and then after say 2 00 pm to at least 3 45 pm or so

Let me know your next queries or plans etc on either UJ or EU


Regards


F

UJ short 12 39?

 

[gftrader32]

UJ short 12 39?

it looks not

 

[Forexmospherian]

UJ short 12 39?

This might help you to read PA and time and Lrs better

 

[Forexmospherian]

UJ

12 00 PM - Midday - low at 119 85

12 09 pm - price was higher - BUT - had not bounced high enough to go over R area at 91/ 93

12 21 pm

Another low at 12 15 at 84 - but then after 12 21 pm and 24 pm - we had gone back over midday low and then it was a case of another scalp buy - knowing you need over 91 and 93 to stay with it

R area then 119 97 to 120 - thats when you might look for a sell


PS - by 12 24 pm - i had more scalp buys under - saying again buys

 

[gftrader32]

This might help you to read PA and time and Lrs better

thanks but why not mine?

Downtrend, LL LH

new low 12 15

resistance at 91

 

[Forexmospherian]

My black dotted LR was going under price at 12 24 / 25 pm on UJ

Have you got a similar LR doing the same - saying - sells are over ????

 

[gftrader32]

UJ

12 00 PM - Midday - low at 119 85

12 09 pm - price was higher - BUT - had not bounced high enough to go over R area at 91/ 93

12 21 pm

Another low at 12 15 at 84 - but then after 12 21 pm and 24 pm - we had gone back over midday low and then it was a case of another scalp buy - knowing you need over 91 and 93 to stay with it

R area then 119 97 to 120 - thats when you might look for a sell


PS - by 12 24 pm - i had more scalp buys under - saying again buys

not sure why you comparing 12 21 and 24 to 12 15 low at 84 and not to 12 9 and 10 at 90?

 

[Forexmospherian]

thanks but why not mine?

Downtrend, LL LH

new low 12 15

resistance at 91

Simply because from 12 00 pm to 12 24 pm - a turn was being tried and supports were strong enough to stop any fall from 84 to 86

Remember supports and resistance can change any PA - if strong enough

 

[Forexmospherian]

Now 12 15 low at 84 held for 30 mins

Can price make over R area at 98 to 120 01 ??? or not

 

[Forexmospherian]

Time windows are normally were changes happen - and this is a case with UJ after Midday with alow

 

[gftrader32]

My black dotted LR was going under price at 12 24 / 25 pm on UJ

Have you got a similar LR doing the same - saying - sells are over ????

yes the reason, sell was all clues and lrs above, see my chart