Yes, you need your system for confirmation. Sharingan9 explained in proper way and my explanation of POC was more dramatic

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POC is point of control. This is the most trading volume area. Different traders use this in different way. I consider POC as battle line between buyers and sellers. If daily market close above POC then it means buyers won the battle and if daily ...

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Yes I was using TeamViewer software, it gives one free license for personal use to connect to Laptop via phone.

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Yes you are right. I was using my cell phone so made mistake. In anyway market closed below POC.

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Market closed at 1916.74 just below the POC (1917.36). I already have short position at 1915 so i won't add any more short position.

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Bearish HA candle was printed and next two candle couldn't break high so now i can say that price will go to untested tested level 1907. There is not only untested level but i have POC at 1903-04.

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No this is not typo. I am averaging my trades and will close some trades in loss or BE.

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Buy 1972 TP 1954 Buy 1963 TP 1954 Buy 1972 TP 1954 Buy 1952 TP 1954 Buy 1942 TP 1954 Buy 1933 TP 1954 Buy 1923 TP 1954 Buy 1918 TP 1922 (Reduced lot size) (Hit TP) Buy 1913 TP 1923 (Hit TP) Sell 1895 TP 1885 Buy Limit 1913 TP 1923 Buy Limit 1903 TP ...

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I am surprised because i thought that this down move is gonna test the untested level at 1907 but got rejected at POC 1912

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I have next POC at 1925 but i also have one untested level at 1907. May be tomorrows US data come green then price can catch untested level.

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Plan: Adjustment of lot sizes of all long positions by closing as soon as go in profit and add new long position with relatively small lot Buy 1972 TP 1954 Buy 1963 TP 1954 Buy 1972 TP 1954 Buy 1952 TP 1954 Buy 1942 TP 1954 Buy 1933 TP 1954 Buy 1923 ...

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Somewhat i am agree with you because if economy conditions is not good then new home sale data shouldn't be green. It means that people still are in good financial conditions UNLESS REVISED DATA COME LATER.

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I have adjusted my strategy and now i am closing the Long positions gradually and dropping the lot size so that i am using my margin wisely. When i added long position at 1892 and closed at 1911. I dropped lot size a little bit. I am happy that my ...

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Bears you are lucky. New home sale data came green

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There is development on chart so wanted to post. Next target 1925 if New home sale data did not stop bulls.

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Guys there is an untested level at 1907 so bulls be careful. This price surge can be trap or start of bullish growth. Price can go back to 1903-04 which was resistance and can be support for bulls.

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I closed long position at 1911. I can not leave open position because i have to go for groceries.

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If US data is not good then price is looking for MA200 in H4TF

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Overnight MACD diversion has given bullish signal. Now I just need to keep an eye on POC everyday.

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I think this week price is not going to break low and in anyway I am not worried because you said that price will go up at end of August

Planetary Cycles Trading (EUR/USD)