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EURUSD only

  • #122,921
  • Dec 23, 2020 12:20pm Dec 23, 2020 12:20pm
H1 did NOT close above 1.22135, so I'll keep my SHORT running till after asia and continue tomorrow. As of now I'm confident that market will go to my TARGET zone.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1.png Size: 58 KB
  • #122,922
  • Dec 23, 2020 12:37pm Dec 23, 2020 12:37pm
Falling wedge. But now it depends on Brexit outcome anyway.
Another day, another dollar.
  • #122,923
  • Dec 23, 2020 12:44pm Dec 23, 2020 12:44pm
Quoting nic9man
Falling wedge. But now it depends on Brexit outcome anyway.
Give me more hope
  • #122,924
  • Dec 23, 2020 12:45pm Dec 23, 2020 12:45pm
Come on EU/USD break 2180 barrier!!
Insane in the Brain..
  • #122,925
  • Dec 23, 2020 12:48pm Dec 23, 2020 12:48pm
Quoting BeeTogether
Come on EU/USD break 2180 barrier!!
Man... it just doesn't want to seem to break it. Going to wait another 15 min or so and if it doesn't I think it's best to close my shorts and wait to see what happens.
  • #122,926
  • Dec 23, 2020 12:48pm Dec 23, 2020 12:48pm
Sssssshhhhhhhhhhhhhhhssss
  • #122,927
  • Dec 23, 2020 12:57pm Dec 23, 2020 12:57pm
Quoting BeeTogether
Come on EU/USD break 2180 barrier!!
The market's fighting it!

Could break any second though now that I am commenting on it

Personally, I think we are more likely to see 1.22508 before 1.21508.

I estimate a roughly 70% probability of heading to 1.22508 next based on the 12/19 19:00:00 hourly candle.
Viewing the market through f(x)
  • #122,928
  • Dec 23, 2020 1:03pm Dec 23, 2020 1:03pm
3rd EUR/USD turning point for the day on 1H chart which will occur on 2020.12.23.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_2020.12.23_3.PNG Size: 48 KB

Most likely to occur at 16.45 EST

http://fxturningpoints.com
  • #122,929
  • Dec 23, 2020 1:13pm Dec 23, 2020 1:13pm
Quoting BeeTogether
Come on EU/USD break 2180 barrier!!
Brexit results are imminent so there is quite some gap risk now. Media sees a deal very likely now, meaning it could spike to the upside. So I would be careful with shorts. Of course, if there is no deal again it will gap down.
Another day, another dollar.
  • #122,930
  • Dec 23, 2020 1:18pm Dec 23, 2020 1:18pm
Quoting schaos21
{quote} Man... it just doesn't want to seem to break it. Going to wait another 15 min or so and if it doesn't I think it's best to close my shorts and wait to see what happens.
Glad I held my short... Going to see the reaction at 1.2166 and either bail there or earlier if it doesn't quickly move down.
  • #122,931
  • Dec 23, 2020 1:25pm Dec 23, 2020 1:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd daily 77.jpg Size: 214 KB


Strategy is to buy on the dips .
Determine your acceptable risk.
Using options is on the table.
  • #122,932
  • Dec 23, 2020 2:43pm Dec 23, 2020 2:43pm
Quoting johntsai
{quote} Price hold by trendline, Fib 23.6 level, demand zone and sto cross back from over sold. Long position open E 121779 S121298 T122260
Trendline was draw from 11/26 all the way to present.
I am still holding my long position. Target price haven't reach yet.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 122320.png Size: 138 KB
  • #122,933
  • Dec 23, 2020 2:57pm Dec 23, 2020 2:57pm
H4 Status Update

  1. Range is getting tighter and still no breakout!
  2. Nearest resistance is at 1.2187 and if that level breaks maybe a retest of upper edge of this triangle is possible.. For now it still looks like bears have the upper hand! If I had to trade the Asian session I would wait to sell 1.2204/13 area..

Anyways, but I will continue tomorrow because trying to trade this gray area can cause losses.. I am calling it a day here folks.. Trade safe or even better: stay away until breakout!

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Status-Update.png Size: 34 KB
Focus only on what truly matters!
  • #122,934
  • Dec 23, 2020 2:59pm Dec 23, 2020 2:59pm
Finally something happened
  • #122,935
  • Dec 23, 2020 3:14pm Dec 23, 2020 3:14pm
My tp has been adjusted to 1.21050 for the week. I wont be trading tomorrow and next due to the holiday. sl has been moved to BE. goodluck guys.
Before i forget
COMPLIMENT OF THE SEASON Y'ALL.
Risk comes from not knowing what to do
  • #122,936
  • Dec 23, 2020 3:20pm Dec 23, 2020 3:20pm
Quoting andvk74
H1 did NOT close above 1.22135, so I'll keep my SHORT running till after asia and continue tomorrow. As of now I'm confident that market will go to my TARGET zone. {image}
Bro i love the way our levels and zones align. it means we have the same view of the market. I also have 1.21050 as my target for the week
Risk comes from not knowing what to do
  • #122,937
  • Dec 23, 2020 8:24pm Dec 23, 2020 8:24pm
Quoting johntsai
{quote} Trendline was draw from 11/26 all the way to present. I am still holding my long position. Target price haven't reach yet. {image}
Price moving up. Here we go!!
  • #122,938
  • Dec 23, 2020 10:18pm Dec 23, 2020 10:18pm
EUR/USD turning point on 1H chart which will occur on 2020.12.24

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_2020.12.24.PNG Size: 48 KB

I have included the turning point on EST time in 15 min chart.
  • #122,939
  • Dec 23, 2020 11:35pm Dec 23, 2020 11:35pm
My view on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H4.png Size: 58 KB
  • #122,940
  • Dec 23, 2020 11:49pm Dec 23, 2020 11:49pm
My view on M15.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd M15.png Size: 71 KB
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