EURUSD only

Back to bed for me

Get rested up bud,,,,,,,just a reminder and to put things in perspective for you again ,,,,,,13 months the eur has went up 2232 pips ,,,,,,,that is barely more than 8.5 pips a mkt day average roughly ,,,I dont care who you are you can find one little set up that will net you that per day,,,then you equaled this whole move up ,,,,,,,,probably even twice a day when you get a few simple things down,, it gets to the whole daily range or close to it ,,then to the days you keep buying or selling depending on mkt ,,,,,and if you do that day after day the sheet you will learn about true price action, it will open your eyes tremendously,,, then other than the important levels all you will need is movement to make shekels,you will look forward to news for the volatility instead of shying away or guessing ,who gives a sheet which way its going at the time ,,,do what you must to make your acct grow,,,,,,you are close my friend ,,,,keep swinging

What if I told you that bullish divergence happens in a bearish market and bearish divergence occurs in a bullish market
then I told you that divergence was simply price taking a detour.....
I know I thought it was rubbish too.
Till I read a book ill try and find it for you guys at somepoint


"food for thought"

My fun time actually sitting in front of a big pc is gonna start being somewhat limited more and more ,spring rapidly approaching,, I have enjoyed the time spent here ,,,Have learned a few things and hopefully have helped steer some in the right direction ,,,,,,feel like most here we sit down and have a beer like we have been friend s for a long time ,,thank you all. No secret I use a lot of the ole time patterns and their price projections ,,,, you can read in most trading books. You dont have to trade long to see there is very few perfect live text book examples ,but they still work . I think one of the most daunting things any new traders or maybe even some experienced ones face is what time frame what pattern etc etc ,,,,,,4 hour 8 hour yada yada ,one can get carried away with such I went thru that phase ,,,,,,bottom line is no matter the time frame chart there is gonna be certain levels that decisions will be made at . Typical intraday trades will be back and forth sold off from bought from etc , till a weekly direction gets established then you get a couple days of a trending move ,,,in areas such as we are at currently ,patterns are very helpful in showing what may transpire ,,,,,,,,, the line is deciding which charts are good for showing the back and forth ,,,,,,I dont use a four hour much do know where the 4 hour 200 is tho (monthly price average) for that reason . You can have too many charts showing the same thing or something just slighly different ,,,,,,What ever time frame you use make sure you can relate to a daily chart or use the patterns to decipher what may be happening on a daily ,,,,,,,, ,,Monthly , weekly ,,daily and what ever you need to see what the grunt (daily chart ) is up too . Learn to recognize what things look like and you will be fine ,,,that 8.5 pips a day will come easier and easier, May not be quite the same as I or somebody else uses but it will point to the good levels . You work on getting the crumbs on a consistent basis soon the bigger chucks will come ,but even crumbs will equal a good uptrend . Stated it a few times the mkt is not magic or mystic ,its just buying or selling, it does no good to sell a level if it is being bought up or vice versus ,,,,,,,,day in and day out ,A level holds ,,,or it dont ,if it folds mkt will retest it and move on to the next level ,, Some of todays areas marked out ,several 8.5 pip trades available Im currently flat,good day .. Then a view of the daily and the level we are at and what the reference to patterns was all about lol. Then the chart I normally post, the relaxed way lol. Cheers all.,, wishing much success to all .

My Intraday Outlook.
(ahead London)

Tech.: EUR/USD nice and easy in the pivot range.
Fundie: USD weakness on low inflation and raise tarrifs. Let's see if the US consumer prices will bring any good news.

Intraday resistance:
- 1.2340 (Weekly_Pivot)
- 1.2373-76 (Weekly+Monthly_Mids)
Intraday support:
- 1.2300-11 + Bull TL; (Monthly_Pivot zone)
- 1.2287
- 1.2250 - 1.2262 zone

My Intraday Trading:
I'll start easy buying the bullish TL and 2311 and sell below 1.2340 ...until US core inflation data.

Have a good trading day, you all!

Plan still in play...
Most likely will be waiting till CPI data release.

Marking 1.2335/40 zone as nearest resistance on H1.. let's see if 1.2323 can break..

Stay Green

Good afternoon my friend.

My sell from yesterday at 1.2328 is still running.. SL was scratched two times but I am still alive lol.. Let's see if breakout level 1.2323 area can turn into resistance as well..

Stay Green

Today, the US inflation report. According to forecasts, the annual core inflation index, which does not take into account food and energy prices, remained at 1.8% in February, while the general index rose to 2.2% (compared to 2.1% in January). Let me remind you that on Friday there was an ambiguous, but generally positive report on the labor market, respectively, inflationary indicators above expectations will contribute to the growth of forecasts for the rate of the Fed and at the same time the growth of the dollar. The question is how stable this trend will be, and whether we will not be involved in the scenario "buy on the rumor, sell on facts", when the Fed will actually raise the rate on federal funds. Before the next meeting, there were 8 days, while according to the CME Group, the market places the probability of an increase in the price at 88.8%.

hopefully we dip to 1.23 asap..

If we just wouldn't have this nasty 1.2313 standing in our way.. sighs..

Stay Green

Bulls-bears fight now!

Same here, but at 1.2326 lol
I'm actually willing to lose a few bucks just to see it break out of this boring range

Yeah.. I am too focusing on keeping my sell trade.. right now watching 1.2335/40 resistance zone as mentioned earlier.. let's see how it goes.. I think the 100 SMA on H1 chart (at 1.2345) is still acting like a magnet.. Time will show..

Stay Green

Morning Gang,

clearly EU wanna test 1.2355 so badly
It will be interesting to see reaction there..

After new H4 candle forms I think we will see more priceaction.. 36 more minutes.. thumbs up...

Stay Green

true bro.. that will help a lot hence it's been a sick range since Friday..

......

Stay Green