EURUSD

eu still just working the channel. i still like a strong dollar but for now eu is could go either way.

https://www.forexfactory.com/news/11...september-2021

https://www.bankofengland.co.uk/mone...september-2021

UK news hawkish.

USD is giving a helpful hand to Wall Street and Oil. But it will go up soon, so help me God.

We'll see. It has to break out above 1.1745, and that seems to be a stubborn resistance.

It may even reach above yesterday's high, and will be well far from my SL. I find hard to believe that the strategy now is make USD cheap again.

Britain currencies are all strong helped by risk on sentiment and bank of england, CAD is following a strong OIL. EUR and CHF are ranging.

Sold EU at 1744 hoping Evergrande will hit until tomorrow, my bad

Exited at GOOD loss. . . . .

I will not throw the towel until my plan proves completely wrong.

RISK ON .

The price eventually get a push of buyers and formed a bullish candle yesterday, although the price already moves at the low band, and the line band expanding, but the signal was in a false, Friday market, sometimes random movement, although now the H1 bulls pattern, but possible drops again.

Here's my thoughts on EUR/USD analysis. Tell me what you guys think.

Patiently waiting for price to break the 4hour resistance which is 17548, from there I will only look to add longs up to 21000.

Friday Sep 24, 10:00 ET Chair Powell Speech = EURUSD ⤓

So the monthly head and shoulders has no way of breaking?

I don't see any H&S on monthly TF, can you please post a chart which illustrate the H&S?

Closed my short from 1744 will wait for the new week after German elections. Volatility is too low.

i love it when we have the same trades

on h1 it is ultra short term

going above 50 or 100 sma does not guarantee trend

Scalped using Oanda's order book. Sold on the news and made 8 pips. Anyone using it, can share tips too?

This is how I used it.

I waited for the news and pushed the selling button, because we where near the selling open orders and I exit at the buy orders.

The price was at 1740 when I pushed the button and the nearest order was 2 pips above, but EU had allready made a top on very small timeframe (15 min.) meaning that it had absorve much of selling liquidity and enough to make ten pips. I took profit at 1732 (see red box).

Was my entry premature, should I have waited for the 2 pips (1742), or by observing price action was the best choice?

Anyone using it, can share tips too?