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Attachments: EURUSD only
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EURUSD only

Quick DAILY Outlook

  1. 1.090x area (my green wma-33 line) has immediately rejected bulls and now bears are pushing back for bearish continuation...
  2. As long as the thick blue trendline acts supportive, I anticipate a bounce up soon for a retest to the area where the main breakout occurred.
    Roughly: 1.1120 area! But when that would happen is hard to guess with the current situation. US election turmoil might help.
  3. For now, it is best to be in sync with sellers until we see supportive pa...

Anyway, that's my two cents...

Enjoy your weekends folks and we hopefully continue on Monday... Peace

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Be a seer, not a looker!
Hi.
I love to be part of this forum. I hope I can learn quickly how to trade profitably for a living.
Monthly Range remains. Probably stay there for a while.

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Weekly agrees with monthly for a retest of the range bottom.

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A possible scenario for the Daily.

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Nothing set in stone. Just ideas.
50 ppt gap ?
just closed all my longs, nice profit at market open. not sure what happened but thanks. I was afraid they would all be taken out but i'm on fire i guess
Now i will wait for the elections with no positions and small bets. I don't trust this market.
Quoting Happymorning
50 ppt gap ?
Mega-manipulation week, and what a way to kick things off.

Like I said on the other EU thread … indicators, price action, fundamentals, etc. will be worth even less this week than they have been over the last four.

Trading is currently pure gambling until after the elections, provided Trump doesn’t lose and refuse to certify Harris. Then it will drag on and on … save your money amigos.
Don't you know that I'm loco ...
The market jumped.. I had longs from friday..had to earnestly wait for the market..I've closed them all...in profits..my fear was if the jump had happened in the opposite direction
Quoting Happymorning
50 ppt gap ?
I closed in good profits
Quoting Polimini
just closed all my longs, nice profit at market open. not sure what happened but thanks. I was afraid they would all be taken out but i'm on fire i guess Now i will wait for the elections with no positions and small bets. I don't trust this market.
The market jumped.. I had longs from friday..had to earnestly wait for the market..I've closed them all...in profits..my fear was if the jump had happened in the opposite direction
Quoting Lweendo
{quote} The market jumped.. I had longs from friday..had to earnestly wait for the market..I've closed them all...in profits..my fear was if the jump had happened in the opposite direction
i closed some longs on friday but kept some, i didn't see that drop coming. Now i was just waiting for them to be taken out but i guess those shananigans saved us
I too had longs running from Friday that I closed around 1.0875. Was tempted to open a short because of the huge gap, but refrained. With the election it’s scary to trade right now. I’d prefer to get some popcorn and just watch the chaos from a safe distance.
If anybody clarify me if the market came down or not
Quoting Pricilla
If anybody clarify me if the market came down or not
do not do anything these 2 days cuz of presedential election so the usd gonna be crazy haha
Quoting Pricilla
If anybody clarify me if the market came down or not
I can only guess that the price will go down, earlier I sold with a stop loss at the highest price today, if it is hit by the stop loss, then I will reopen trading in the London market
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The gap in EURUSD today is quite wide and can be seen in the H4 timeframe, the price is now near the upper band line, today no high-impact news will be released, but tomorrow's US election may influence the market.
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I trade at FXOpen
Meanwhile, on H4...

Until the election is over, bulls have the upper hand and it looks like we will face a range bound market for some time.

IF any candle closes below 1.0893 a gap close could be expected! Otherwise, bullish!

Happy trading day to all
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Be a seer, not a looker!
SUPPORT is holding, we get a bullish breakout
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Profit is on the other side of your mind
Quoting fxtimur
The gap in EURUSD today is quite wide and can be seen in the H4 timeframe, the price is now near the upper band line, today no high-impact news will be released, but tomorrow's US election may influence the market. {image}
Just MAY?????
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Based on H1, price is trapped inside circle.. Until we are out, I scalp-trade the edges (scenario 1)...
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Be a seer, not a looker!
Quoting oo7rai
i would not expect downside direction ticked without touching 1.1060. the non-overlapping impulse waves may continue upside
i still belive that this may be true.
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