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Attachments: EURUSD only
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EURUSD only

Any buys should have SL under 1.17028
Price going into squeeze on lower TF- prepare for a break out.
Quoting klm1011
prepare for a break out.
North or South?
Quoting ursinho4711
{quote} North or South?

Quoting ursinho4711
{quote} North or South?

if price breaches 1.1790--- upwards

if price breaches 1.17272--- downwards
the WE GOT THE BEAT was the signal to bet the farm

T4 is at 1.1642
Attached Image (click to enlarge)
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Attached Image
Quoting Traderview
{quote} Short @1.1763 SL Today's High TP 1.1680
Closed half of the orders @1.1710. I kept the SL on remaining @1.1723.

This is the last hr of this 4hr. If this one closes below 1.1710 or better below 1.1703, then i'll keep shorts, if it closes above 1.1710, then i'll close it.

Lets see
Quoting Traderview
{quote} Closed half of the orders @1.1710. I kept the SL on remaining @1.1723. This is the last hr of this 4hr. If this one closes below 1.1710 or better below 1.1703, then i'll keep shorts, if it closes above 1.1710, then i'll close it. Lets see
Be careful! Might not happen: Bloomberg printed a bad headline from Evans fedspeak. He DID NOT say Fed would raise rates b4 inflation hits 2%!!!! See ZH here:

https://www.zerohedge.com/markets/do...-inflation-hit

This move will probably get unwound... wondering why FXLive didn't pick this up
I don't know why but am sensing a spike up coming
Risk comes from not knowing what to do
It may or may not make sense but I think now is a really good time to buy and hold till 1.27800.
This could be the last real drop before we see 1.27800. We are currently at the bottom of a descending channel and descending channels usually break up.
Well let's see how it plays out.
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Risk comes from not knowing what to do
Quoting Austyno
I don't know why but am sensing a spike up coming
long with takeprofit of 1850
Quoting macdulio
the WE GOT THE BEAT was the signal to bet the farm T4 is at 1.1642 {image}
what the heck is this
Another day, another dollar.
Quoting Austyno
It may or may not make sense but I think now is a really good time to buy and hold till 1.27800. This could be the last real drop before we see 1.27800. We are currently at the bottom of a descending channel and descending channels usually break up. Well let's see how it plays out. {image}
I have also been watching this channel, but I would have expected a quicker reversal. Who knows. Regarding positioning I have heard quite some longs have been squeezed out, so positioning should be cleaner now. Furthermore, central banks are done, so it becomes more data driven. Due to the second Corona wave euro PMIs might surprise to the downside tomorrow though there were no major lockdowns. Besides, I wonder if the US election uncertainty is positive or negative for the USD, but with a twin deficit looming it should be negative. What do you guys think? Someone thinking about this or just technicals?
Another day, another dollar.
Quoting nic9man
{quote} I have also been watching this channel, but I would have expected a quicker reversal. Who knows. Regarding positioning I have heard quite some longs have been squeezed out, so positioning should be cleaner now. Furthermore, central banks are done, so it becomes more data driven. Due to the second Corona wave euro PMIs might surprise to the downside tomorrow though there were no major lockdowns. Besides, I wonder if the US election uncertainty is positive or negative for the USD, but with a twin deficit looming it should be negative. What...
I focus only on technicals bro, I use fundamental as a notification of increased volatility
Risk comes from not knowing what to do
get a sense of the abyss below
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It will be interesting to watch if price can go significantly up without going under 1.16830
tik tok
Based on H1, while candles open below 1.1719 stay away from buying!

Stay Green
Be a seer, not a looker!
Quoting macdulio
get a sense of the abyss below{image}
Scary and risky to be long
At present waiting to sell retraces .
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