Focus only on what truly matters!
- #143,101
- Edited 7:50am Dec 9, 2021 7:40am | Edited 7:50am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
- #143,103
- Dec 9, 2021 7:57am Dec 9, 2021 7:57am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
Looks like Dollar going to get underpinned by green jobless claims today, now next part is tomorrow's US CPI data , if we get green there as well I see EU moved down to 1200 ish before FED... 
Trade Safe
Happy Trading
Trade Safe
Happy Trading
Trades technical moves enforced by fundamentals
- #143,104
- Dec 9, 2021 8:00am Dec 9, 2021 8:00am
Looks like Dollar going to get underpinned by green jobless claims today, now next part is tomorrow's US CPI data , if we get green there as well I see EU moved down to 1200 ish before FED...
Muito Risco, Pouco Ego... BG!
- #143,106
- Dec 9, 2021 8:15am Dec 9, 2021 8:15am
- Joined May 2013 | Status: Trader | 1,457 Posts
Neither a Bro Nor a Pro I am I
- #143,107
- Dec 9, 2021 8:22am Dec 9, 2021 8:22am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.
- #143,110
- Dec 9, 2021 9:38am Dec 9, 2021 9:38am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,235 Posts
Risk comes from not knowing what to do
- #143,111
- Dec 9, 2021 9:41am Dec 9, 2021 9:41am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,235 Posts
Risk comes from not knowing what to do
- #143,112
- Dec 9, 2021 9:49am Dec 9, 2021 9:49am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
just out
BIDEN SAYS U.S. INFLATION DATA DUE FRIDAY WILL NOT REFLECT RECENT DROP IN SOME PRICES INCLUDING ENERGY
Might suggest an upside surprise is in store.
Consensus looks for +0.7% M/M and 6.8% Y/Y (range: 6.4-7.1%!) Core expected at 0.5% M/M and 4.9% Y/Y (range: 4.7-5.2%)
happy trading
BIDEN SAYS U.S. INFLATION DATA DUE FRIDAY WILL NOT REFLECT RECENT DROP IN SOME PRICES INCLUDING ENERGY
Might suggest an upside surprise is in store.
Consensus looks for +0.7% M/M and 6.8% Y/Y (range: 6.4-7.1%!) Core expected at 0.5% M/M and 4.9% Y/Y (range: 4.7-5.2%)
happy trading
Trades technical moves enforced by fundamentals
- #143,113
- Dec 9, 2021 9:51am Dec 9, 2021 9:51am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Focus only on what truly matters!
- #143,115
- Dec 9, 2021 10:12am Dec 9, 2021 10:12am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
I could not help myself. To finish the day, I just scalped a little from the mesosphere to the stratosphere(1294-1284) 
!
I don't know about you, but this is my second most crucial moment of the day for me.
Am watching extra closely a return to 1290 -1300s important! supports (waiting till this 30min close, I don't trust this down move just yet !), and 1320 micro resistance also, as surprising as that sounds!
Second best case scenario for my bears, 1290s becoming resistance right away. Best case scenario, for now, 1260s become resistance this early; that could slow down a bulls attempt to come back from <1230s as strong as it did yesterday, and making us live it all over again
!
Updates for my live shares with, as usual, a few little hidden insights, for those interested :
My 1319 position Tp was hit at 1296 +23, and, thanks to the steadiest momentum, it survived this long with the tightest SL, and SLs are at BE for all my days positions, at last. I am especially glad for today, as I am still 3 positions in the red, but far enough thanks to today and yesterdays battles, to not end the week in the red. A rare low-risk day, at last
...
Click on links for more insight.
And my 13491 Dynamic TP was very recently hit at .1285 +64, flirting with the 4H low-mid-0f-range and usual final TP level (now 1269-1287),for such ranging trades.
A decent long setup from around 1320
, if we ever get back there, but I will not take it. For me, bears are safe under that, for now. Unless.... In the unlikely scenario that we don't even test the 1260s today, I have an even stronger potential long if it goes back upto 1300s the right way 
Last but not least, my 13325 and 1328 have the only open TPs from today, SLs at BE. Let's see how well they do with tomorrows news, if they survive this long. But up to now, in my view, bears still have the potential to go back to the months low.
Today's live results : +20 +23 +64, and still 3 in the red !
That is it for my updates ! Now, back to patience. Cheers all !
!I don't know about you, but this is my second most crucial moment of the day for me.
Am watching extra closely a return to 1290 -1300s important! supports (waiting till this 30min close, I don't trust this down move just yet !), and 1320 micro resistance also, as surprising as that sounds!
Second best case scenario for my bears, 1290s becoming resistance right away. Best case scenario, for now, 1260s become resistance this early; that could slow down a bulls attempt to come back from <1230s as strong as it did yesterday, and making us live it all over again
!Updates for my live shares with, as usual, a few little hidden insights, for those interested :
My 1319 position Tp was hit at 1296 +23, and, thanks to the steadiest momentum, it survived this long with the tightest SL, and SLs are at BE for all my days positions, at last. I am especially glad for today, as I am still 3 positions in the red, but far enough thanks to today and yesterdays battles, to not end the week in the red. A rare low-risk day, at last
........Closed only my 1337 a minute ago +20, the rest, except 1319, are at BE. Next dynamic TP is now at 1294(rising still), and is reserved for my 1319 entry which definitely will be at BE at 1302. I will not be taking any new setups before tomorrows news... Cheers warmly all ! {image}
... doing the opposite with a first 5min countertrend setup, starting now. Sold here 13491, and also have sell stops for range trades at 1337, 13325, 1328 and 1319. I know, seems extreme, but half will probably be closed at BE or in a loss... The first and last aim at around the middle, now 1300 (raising with the bulls strength). The others depend on too many factors, at least one will be moved at BE when/if other end (now 1266, raising still) is reached, JUST in case the bears to take back...
A decent long setup from around 1320
, if we ever get back there, but I will not take it. For me, bears are safe under that, for now. Unless.... In the unlikely scenario that we don't even test the 1260s today, I have an even stronger potential long if it goes back upto 1300s the right way Last but not least, my 13325 and 1328 have the only open TPs from today, SLs at BE. Let's see how well they do with tomorrows news, if they survive this long. But up to now, in my view, bears still have the potential to go back to the months low.
Today's live results : +20 +23 +64, and still 3 in the red !
That is it for my updates ! Now, back to patience. Cheers all !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,116
- Dec 9, 2021 10:40am Dec 9, 2021 10:40am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
I did not expect this, new 1H volatility growth setup from the middle of the range 
Often times, when this happens, we'd get 1279 to .11 or a sharp reversal to >1320 !
Often times, when this happens, we'd get 1279 to .11 or a sharp reversal to >1320 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,117
- Dec 9, 2021 10:57am Dec 9, 2021 10:57am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
This should give all your bears some joy - I'm long again. My personal bias is this - today is sell the rumor and tomorrow will be buy the news (referring to the CPI data tomorrow)
Let's face it people the FED is going to raise rates sometime but not anytime soon - Biden won't let Powell do that just yet (he'll claim that he doesn't want to hurt EM; evidence is Brasil and their rate increase!)
Yeah Euro sucks but the USA and stock market is looking for a Santa Clause rally and when that happens EU should pop - at least those are MY thoughts. 
Long 1.1280 with goal of 1.1410
Let's face it people the FED is going to raise rates sometime but not anytime soon - Biden won't let Powell do that just yet (he'll claim that he doesn't want to hurt EM; evidence is Brasil and their rate increase!)
Yeah Euro sucks but the USA and stock market is looking for a Santa Clause rally and when that happens EU should pop - at least those are MY thoughts.
...because you never know - until you do!
- #143,118
- Dec 9, 2021 10:58am Dec 9, 2021 10:58am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,119
- Dec 9, 2021 11:15am Dec 9, 2021 11:15am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Just when I thought it over, it is perhaps not over !And closed(temporarily) at 1288 for +40, sell stop placed at 12788, replaced by sell stop 12835 at end of 30min cdl, if 12788 is not triggered of course.
Tight SL, a pip above the high of the last hour, at time of entry.
Going out for another a stroll.
Going to chat with my friendly neighbor who forbids me to speak another word of trading. Thank you Carol !
Happy evening to all !
!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,120
- Dec 9, 2021 11:23am Dec 9, 2021 11:23am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
I did not expect this, new 1H volatility growth setup from the middle of the range
...because you never know - until you do!