excellent +14 Its buy Day I will reenter on pullback to 2170

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-2 it really wants to go up ! Buying 2165

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BE could go either way now. 2170 is finally being broken edit tricky pa one more short 2161 see what happens

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Short 2166 down to 2150 if its powerful down to 2130-ish

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2150 is too soon I think. 2130-ish is cheaper

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There is potentially more liquidity lower. You need quite a large stop at this level which means smaller R;R. Good Luck.

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its why i hate news events. they should only have financial news in te weekend and then let traders have fun during the week

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yes, I have a Weekly level @ 2220 So if the day closes above 2170 i would expect a 50 pip run. could be wrong though. I try not to predict but to react to movement. But in the weekend its fun to hypothesize.

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I'm a Bull if day closes above 2170

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for what its worth: H1 chart with some H4 TLs and D1 Resistance Probably a reaction to the R, so down into the SupDem zone Then i think upward. But i will take any move up or down on lower frames.

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Do you wear a hard hat?

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haha nice well im not convinced either As I said 2170 is Big R, it has to close above that on day chart. It could easily turn south. I will ride the momentum either way

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thanx for your input i only trade TA, usually M30 thru M5. Never HFs but i do look at them. Why do you think this $$ will weaken? what is it based on ?

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i also have AUDUSD in downtrend, all the HFs are south. M15 is the first counter frame for me.

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its very close imo dantpm. Day bar close above 2170 on monday would signal the trend change on D1 for me. but its been close before in the last week. H4 and H1 have lined up for an up move. now it just has to push.

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ah ok. i figured it was something someone else would have thought of already. It just came to me while i was walking home. and it doesn't really help either, because instead of subjectively choosing a Period you have to subjectively choose "R". i ...

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ive been thinking about something. Food for thought for the weekend: A circle is 360° a sine wave can represent the degrees of a circle as in the picture. a circle's circumference is 2*Pi*R so if you want to catch the correct period for a Moving ...

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one more scalp 2152 on M5 long ive been on a roll the last hours, but im gonna stop after this trade. I had a great day with you guys &gals. good weekend !

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interesting thought: i have never understood why 200 is chosen. There are 252 trading days a year. I get the 50: 252/5- 50,4 weeks. also 20 days a month. but the 200 is a mystery to me. Green pips to you Navk !

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next up move on M1?? somewhere around 2150-ish

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