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  • #58,501
  • Jan 6, 2025 9:49am Jan 6, 2025 9:49am
Exciting day for scalpers today
Trading is very lonely
  • #58,502
  • Jan 6, 2025 10:01am Jan 6, 2025 10:01am
Quoting Elliottway
When we see unusual price movement, it's important to look at higher timeframes for a clearer view. On the daily chart, the A and B waves or 1 and 2 waves, seem to be complete, which makes it likely that prices will go lower. Watch for support at the levels 2614, 2602, 2575, and 2556.
The 2614 level has been successfully tested, and the next target is 2602. Once this level is broken, the market is expected to fall peacefully towards the 2550 range.
SURFER
  • #58,503
  • Jan 6, 2025 10:15am Jan 6, 2025 10:15am
Quoting Xauusdscalpr
{quote} Trump and Musk? They have nothing to do with the markets, nothing will happen on the 20th, Everyone knows Trump will be President so why would the market react because of the US making a show and dance about it? Election day was significant yes, inauguration? It's a nothing event as far as the markets are concerned.
Makes sense. Can't disagree with your logical explanation..
--- only constant in this world is change ---
  • #58,504
  • Jan 6, 2025 10:36am Jan 6, 2025 10:36am
short 2639.70, 20 lots
vankiepsauff@gmail
  • #58,505
  • Jan 6, 2025 10:59am Jan 6, 2025 10:59am
Quoting vankiepsauff
short 2639.70, 20 lots
Nah, we're going up
  • #58,506
  • Jan 6, 2025 11:08am Jan 6, 2025 11:08am
Quoting vankiepsauff
short 2639.70, 20 lots
You got to close later at 2634.72 , its getting late.
Trading is very lonely
  • #58,507
  • Jan 6, 2025 11:10am Jan 6, 2025 11:10am
Quoting luckytujuh
{quote} You got to close later at 2634.72 , its getting late.
it wont see 2634, not even 2637
  • #58,508
  • Jan 6, 2025 11:11am Jan 6, 2025 11:11am
Sell limit @2643 SL ‘53 let’s see if I catch some nice pips to below today’s low
  • #58,509
  • Jan 6, 2025 11:13am Jan 6, 2025 11:13am
Quoting Xauusdscalpr
{quote} it wont see 2634, not even 2637
How could you possibly be sure that’s how it’ll move ??
  • #58,510
  • Jan 6, 2025 11:17am Jan 6, 2025 11:17am
Quoting vankiepsauff
short 2639.70, 20 lots
tp/sl?
its all about Karma
  • #58,511
  • Jan 6, 2025 11:20am Jan 6, 2025 11:20am
Quoting Eringu
{quote} tp/sl?
Wizard balls are so massive, he trades with none
  • #58,512
  • Jan 6, 2025 11:22am Jan 6, 2025 11:22am
Quoting 69Doggy
{quote} How could you possibly be sure that’s how it’ll move ??
Because 2637.00 is a level that won't be tested, even though we're less than a dollar away I'm very certain of this.
  • #58,513
  • Jan 6, 2025 11:23am Jan 6, 2025 11:23am
We are in a sell territory now at least to hit 2636 minimum
  • #58,514
  • Jan 6, 2025 11:24am Jan 6, 2025 11:24am
Quoting Deal
We are in a sell territory now at least to hit 2636 minimum
Keep dreaming
  • #58,515
  • Jan 6, 2025 11:24am Jan 6, 2025 11:24am
Quoting Commodities
{quote} Because 2637.00 is a level that won't be tested, even though we're less than a dollar away I'm very certain of this.
Well, fuck your certainty, we just got there
  • #58,516
  • Jan 6, 2025 11:31am Jan 6, 2025 11:31am
Quoting Commodities
{quote} Because 2637.00 is a level that won't be tested, even though we're less than a dollar away I'm very certain of this.
Attached Image (click to enlarge)
Click to Enlarge Name: say-what-now-xcq36g.jpg Size: 50 KB
--- only constant in this world is change ---
  • #58,517
  • Jan 6, 2025 11:33am Jan 6, 2025 11:33am
Quoting 69Doggy
{quote} Well, fuck your certainty, we just got there
and we saw a very violent rejection, has price closed below it? no.
  • #58,518
  • Jan 6, 2025 11:36am Jan 6, 2025 11:36am
Quoting Xauusdscalpr
{quote} and we saw a very violent rejection, has price closed below it? no.
Yes, jokes apart.. 37 is giving tough time and it's all evident
--- only constant in this world is change ---
  • #58,519
  • Jan 6, 2025 11:37am Jan 6, 2025 11:37am
Quoting Xauusdscalpr
{quote} and we saw a very violent rejection, has price closed below it? no.
Depends on the TF, You can only be sure of how the markets move if your mom was in a groupie with Jamie Dimon and Powell
  • #58,520
  • Jan 6, 2025 11:44am Jan 6, 2025 11:44am
Quoting 69Doggy
{quote} Depends on the TF, You can only be sure of how the markets move if your mom was in a groupie with Jamie Dimon and Powell
Nah, it's just basic market and price action analysis, its very clear to see where key rejection levels are for both upside and downside movements, wicks are nothing more than noise, we see it plenty of times, if a candle doesn't close above/below a level (based on direction) then it doesn't matter what price does and where the wicks have been, the price point has not been invalidated.

So yes, unless you see price close below 2637 on a timeframe that isn't below 4h it doesn't mean anything.
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