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EURUSD only

  • #123,381
  • Jan 5, 2021 10:20pm Jan 5, 2021 10:20pm
EUR/USD turning point on 1H chart which will occur on 2021.01.06
Attached Image (click to enlarge)
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  • #123,382
  • Jan 5, 2021 10:24pm Jan 5, 2021 10:24pm
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 10:44pm Jan 5, 2021 10:44pm
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 11:08pm Jan 5, 2021 11:08pm
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 11:21pm Jan 5, 2021 11:21pm
This is on 4hrs.
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  • #123,386
  • Edited Jan 6, 2021 12:39am Jan 5, 2021 11:23pm | Edited Jan 6, 2021 12:39am
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 11:26pm Jan 5, 2021 11:26pm
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.
Attached Image (click to enlarge)
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Don't believe me just watch!
  • #123,388
  • Jan 5, 2021 11:37pm Jan 5, 2021 11:37pm
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.
Attached Image (click to enlarge)
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  • #123,389
  • Jan 5, 2021 11:46pm Jan 5, 2021 11:46pm
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 11:51pm Jan 5, 2021 11:51pm
Just do it like the banksters do it: let the computer do the work...
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  • #123,391
  • Jan 5, 2021 11:51pm Jan 5, 2021 11:51pm
Bulls in control now
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TMT Scalping System (Best system on FF)
  • #123,392
  • Jan 6, 2021 12:03am Jan 6, 2021 12:03am
Quoting andvk74
{quote} A possible scenario for the DXY. {image}
1.25 is just around the corner looked like.
  • #123,393
  • Jan 6, 2021 12:04am Jan 6, 2021 12:04am
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 6, 2021 12:13am Jan 6, 2021 12:13am
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 6, 2021 12:18am Jan 6, 2021 12:18am
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 6, 2021 1:26am Jan 6, 2021 1:26am
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 6, 2021 1:47am Jan 6, 2021 1:47am
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 6, 2021 1:53am Jan 6, 2021 1:53am
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 6, 2021 1:54am Jan 6, 2021 1:54am
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 2:06am Jan 6, 2021 2:06am
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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