On the way to new heights. 1.14 in the end of this week.
It's simply amazing how good news for USD pushing euro up
It's simply amazing how good news for USD pushing euro up
- #143,743
- Jan 5, 2022 11:38am Jan 5, 2022 11:38am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.
- #143,745
- Jan 5, 2022 12:04pm Jan 5, 2022 12:04pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Good evening everyone. Hope you are well, all considering
Exactly mate! That is the million dollar question, isn't it 
!
I'd say more chances than last week, which had more chances than the week before, than the week before, and than the week before 
At least it is a good enough range for intraday
This week and probably next week, I stay focused on 1420s, 1350s, 1320s (sell stop 1323 already)and 1260s-70s reactions (not in any particular order), to either buy or sell for mainly small targets, but also for larger range trades and trend trades because, although it will eventually break sooner and sooner, it could just as well have significant higher volatility range shifts before.
Mr.Price sometimes needs to shake everyone off properly to get out of such ranging. So among my other follies, I will continue to rake up the BEs for my longer term trades !
Today still news, and tomorrow and Friday...
Take good care folks !
What are the chances this range would end this week?
Exactly mate! That is the million dollar question, isn't it ! I'd say more chances than last week, which had more chances than the week before, than the week before, and than the week before At least it is a good enough range for intraday
This week and probably next week, I stay focused on 1420s, 1350s, 1320s (sell stop 1323 already)and 1260s-70s reactions (not in any particular order), to either buy or sell for mainly small targets, but also for larger range trades and trend trades because, although it will eventually break sooner and sooner, it could just as well have significant higher volatility range shifts before.
Mr.Price sometimes needs to shake everyone off properly to get out of such ranging. So among my other follies, I will continue to rake up the BEs for my longer term trades ! Today still news, and tomorrow and Friday...
Take good care folks !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,747
- Jan 5, 2022 1:09pm Jan 5, 2022 1:09pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
The bulls have done great today, but I think bears will show up soon, if the price doesn't pass 1.1350. {image}
. But the day is not over yet !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,748
- Jan 5, 2022 1:22pm Jan 5, 2022 1:22pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
...This week and probably next week, I stay focused on 1420s, 1350s, 1320s (sell stop 1323 already)and 1260s-70s reactions (not in any particular order), to either buy or sell for mainly small targets, but also for larger range trades and trend trades because, although it will eventually break sooner and sooner, it could just as well have significant higher volatility range shifts before.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,749
- Jan 5, 2022 1:39pm Jan 5, 2022 1:39pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,751
- Jan 5, 2022 1:54pm Jan 5, 2022 1:54pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,752
- Jan 5, 2022 2:57pm Jan 5, 2022 2:57pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Bears took it under the support after a good hour battle, but now after a 1300 attack, it is back testing that previous hour support
mmm
Has it become resistance? Looks good up to now, but looks can be deceiving, especially to me when price is in the middle levels of a stubborn month long range.
Also, Its end of day micro ranging time, or is it...
mmm
Has it become resistance? Looks good up to now, but looks can be deceiving, especially to me when price is in the middle levels of a stubborn month long range.
Also, Its end of day micro ranging time, or is it
...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,753
- Jan 5, 2022 3:32pm Jan 5, 2022 3:32pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Focus only on what truly matters!
- #143,755
- Jan 5, 2022 7:22pm Jan 5, 2022 7:22pm
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
Hello family EURUSD only, I hope everyone is okay...Happy New Year to everybody
...Here's my first order for 2022, starting off well, thank goodness
"No pain no gain"
- #143,757
- Jan 6, 2022 2:18am Jan 6, 2022 2:18am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Happy trading day everyone 
!
Not saying it will, but momentum is steadier and enough to go much lower and attack the 1260s before news. If the day closes under 1250, which I doubt, my
would merge with a Daily setup = more potential. SL is now at 1303, securing 20pips, but could reenter after bulls are done.
My
TP got reached +21
If bulls will take it back today, this is their chance right?!, this EU volatility sure is of great use !
Best case scenario for my 1323 setup
rice continues in this way and cuts right through to attack 1260s before news, get a daily close under 1345, and a weekly close under low of last week, which could trigger a domino effect and revive some long-term downtrend power.
mmm.. I strongly doubt it and even more now, but the momentum still has the potential to send it down a bit more and save my 1323 from news volatility, which could be big today and tomorrow. New sell stop 1288.
Have a good one mates !
P.S secretly wished I had this for breakfast ! Alas, I am very satisfied a healthier option of fruits, bread and tea. To your health !
!Not saying it will, but momentum is steadier and enough to go much lower and attack the 1260s before news. If the day closes under 1250, which I doubt, my
...I stay focused on 1420s, 1350s, 1320s (sell stop 1323 already)and 1260s-70s reactions (not in any particular order), to either buy or sell for mainly small targets, but also for larger range trades and trend trades because...
My
{quote} New sell stop 1.13111 (Dynamic SL now at 1327)and, if hit, my 1323 SL will be moved at BE(now at 1336). Who knows !
My 1311 is now triggered(SL now 1324, where I have a buy stop). TP is now at 1290(bottom of todays range + factoring volatility). My 1323 now at BE...
If bulls will take it back today, this is their chance right?!, this EU volatility sure is of great use !
Best case scenario for my 1323 setup
rice continues in this way and cuts right through to attack 1260s before news, get a daily close under 1345, and a weekly close under low of last week, which could trigger a domino effect and revive some long-term downtrend power.mmm
.. I strongly doubt it and even more now, but the momentum still has the potential to send it down a bit more and save my 1323 from news volatility, which could be big today and tomorrow. New sell stop 1288. Have a good one mates !
P.S secretly wished I had this for breakfast ! Alas, I am very satisfied a healthier option of fruits, bread and tea. To your health !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,759
- Jan 6, 2022 2:45am Jan 6, 2022 2:45am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #143,760
- Jan 6, 2022 3:28am Jan 6, 2022 3:28am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
If I don't mention SL and/or TP = longer-term setup possibly in the works!