DislikedEUR/USD turning point on 1H chart which will occur on 2021.02.01 EST in 15 min time frame included {image}Ignored
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DislikedEUR/USD turning point on 1H chart which will occur on 2021.02.01 EST in 15 min time frame included {image}Ignored
DislikedThe best turning point for today comes around 10 EST. But I will dig into smaller time frames and will post exact time late today.Ignored
Disliked{quote} It is also located in London close killing zone (10 ET to 12 ET), So it is highly expected to happen as well.Ignored
Dislikedusd is bullish across the board, so i am starting the week with a short on eurusd {image}Ignored
DislikedHey, just a guess as I'm not really a position trader. I see a bearish case for the Euro next week. A couple of exhibits. US treasury yields have completed a retrace and has formed a bull flag and broken out. I think US economic activity is returning and when aggregate demand returns to the economy inflation will begin picking up. If yields continue up as I expect them to, then expect increased Dollar demand. Also check out the Vix index. Last time market volatility was this high the Euro was down at 1.18. If risk assets continue to get hammered...Ignored
DislikedHey, just a guess as I'm not really a position trader.. {image} {image} {image} {image}Ignored
Disliked{quote} ... But now Ata will step in and tell you to focus on EURUSD. {image}Ignored
DislikedDaily Outlook and S/R Levels for Monday While candles are still above SMA-50 and above nearest support 1.2109/16, it seems like bulls will try one more time to break nearest resistance: 1.21345.. Of course we have to see first if new month and week will open with a gap or not and in which direction this gap might be matters too.. Overall and intraday wise I will stay bullish until I see a clear rejection from 1.21345 area.. That's what I think we need to watch most on Monday.. (again: if we assume market opens with no gap) Please note that market...Ignored
Disliked{quote} On a daily basis with a monthly rolling window the EURUSD to VIX correlation is now around -0.2, while the historic range was around [-0.7; 0.7]... But now Ata will step in and tell you to focus on EURUSD. Btw I think the symmetric triangle in the EURUSD is bullish as firstly the support line is much older and thus stronger and secondly a symmetric triangle is usually a continuation pattern. {image}Ignored
Disliked{quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} An update... added one order (total 3) Average entry price: 1.21137 ...still the same target @ 1.20500 {image}Ignored