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EURUSD only

  • #123,381
  • Jan 5, 2021 8:20pm Jan 5, 2021 8:20pm
EUR/USD turning point on 1H chart which will occur on 2021.01.06
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  • #123,382
  • Jan 5, 2021 8:24pm Jan 5, 2021 8:24pm
Quoting geo88
{quote} Raising tax is bad for business and the general broad stock market. What happen to USD when stocks crashed?
So, what did I say? Biden has a green light (blue wave) --> bad for the USD --> EURUSD will climb
  • #123,383
  • Jan 5, 2021 8:44pm Jan 5, 2021 8:44pm
Shorted early this year in hopes to test previous historical first days of January. So far not going so great)

Was expecting a little more correction in the first week.
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Live long and prosper
  • #123,384
  • Jan 5, 2021 9:08pm Jan 5, 2021 9:08pm
The zone for bears and bulls to consider is 1.2272 - 1.2292. Market will trick us in this zone. I prefer to wait until LO.

1.2292 might act as support as well. To confirm this the daily must close above 1.23 and above 1.2345.

For bears, if the consecutive daily candle closes below 1.2282, we will see more bearish momentum to 1.21.
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  • #123,385
  • Jan 5, 2021 9:21pm Jan 5, 2021 9:21pm
This is on 4hrs.
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  • #123,386
  • Edited 10:39pm Jan 5, 2021 9:23pm | Edited 10:39pm
This is what I expect: if H1 closes above 1.2303 (a long wick on this candle puts it under question) then I see 1.24xxx as a next stop.
And if H1 closes below 1.2276 then I expect the price to reach my TARGET area at 1.2220-30.
Let's see how it goes and how price will behave in London session.
Attached Image (click to enlarge)
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  • #123,387
  • Jan 5, 2021 9:26pm Jan 5, 2021 9:26pm
Quoting LCForex
Hey! there you go {image} {image} {image} {image}
Hello People!

We are already in the zone. I expect a continuation higher in the next weeks.
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Don't believe me just watch!
  • #123,388
  • Jan 5, 2021 9:37pm Jan 5, 2021 9:37pm
Like I mentioned in the earlier post, I expect this week to be a consolidation week with no directional bias.
And this is my view for now on M15. Waiting for H1 to close before considering any trade ideas.
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  • #123,389
  • Jan 5, 2021 9:46pm Jan 5, 2021 9:46pm
Quoting LCForex
{quote} Hello People! We are already in the zone. I expect a continuation higher in the next weeks. {image}
A possible scenario for the DXY.
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  • #123,390
  • Jan 5, 2021 9:51pm Jan 5, 2021 9:51pm
Just do it like the banksters do it: let the computer do the work...
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  • #123,391
  • Jan 5, 2021 9:51pm Jan 5, 2021 9:51pm
Bulls in control now
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TMT Scalping System (Best system on FF)
  • #123,392
  • Jan 5, 2021 10:03pm Jan 5, 2021 10:03pm
Quoting andvk74
{quote} A possible scenario for the DXY. {image}
1.25 is just around the corner looked like.
  • #123,393
  • Jan 5, 2021 10:04pm Jan 5, 2021 10:04pm
Just an UPDATE. Everything is NORNAL as of now.
Attached Image (click to enlarge)
Click to Enlarge Name: DXY and EUR SMT chart 222.png Size: 89 KB
  • #123,394
  • Jan 5, 2021 10:13pm Jan 5, 2021 10:13pm
Quoting hans91
{quote} 1.25 is just around the corner looked like.
It's a HTF target. Price will NOT run for it ONE WAY. PATIENCE and we'll get there.
  • #123,395
  • Jan 5, 2021 10:18pm Jan 5, 2021 10:18pm
I'd like to see this to unfold before considering a SHORT. Waiting for H1 to close.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DXY and EUR SMT chart 111.png Size: 89 KB
Click to Enlarge Name: DXY and EUR SMT chart 222.png Size: 92 KB
  • #123,396
  • Jan 5, 2021 11:26pm Jan 5, 2021 11:26pm
Quoting andvk74
I'd like to see this to unfold before considering a SHORT. Waiting for H1 to close. {image} {image}
What do you think for the next move? It just broke the previous high.
  • #123,397
  • Jan 5, 2021 11:47pm Jan 5, 2021 11:47pm
Quoting RyuChym
{quote} What do you think for the next move? It just broke the previous high.
I see it as a stop run. Waiting for H1 to close.
  • #123,398
  • Jan 5, 2021 11:53pm Jan 5, 2021 11:53pm
In case somebody want to risk short or just scalp..

This level is previous day .616 extension, if it can't hold than the next one is 1.236 - 1.239

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Don't mind me.. i'm crazy
  • #123,399
  • Jan 5, 2021 11:54pm Jan 5, 2021 11:54pm
Quoting andvk74
{quote} I see it as a stop run. Waiting for H1 to close.
If it's a stop run, it's a big one. Perspective....USD getting smashed across the board.
  • #123,400
  • Jan 6, 2021 12:06am Jan 6, 2021 12:06am
Quoting Blackopal
{quote} If it's a stop run, it's a big one. Perspective....USD getting smashed across the board.
Why a big one, if it's less than 20 pips?
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