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Attachments: EURUSD only
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EURUSD only

For non-farm, the plan is simple

Sell at 1.13253
Sl 50 pips
Target @ 1.12444

Keep in mind that bears have upper hand on weekly.
Risk comes from not knowing what to do
Quoting andvk74
I'm expecting a divergence to form at one of these levels and then a MOVE to the downside for a NEW LOW of the week to form today on the NFP news driver. {image}
I agree
Risk comes from not knowing what to do
Subdued reaction to pretty poor non farm figures, re-test upwards?
A wise man changes his mind, a fool never will
Quoting MrGuy
Subdued reaction to pretty poor non farm figures, re-test upwards?
Non farm doesn't matter. Unemployment rate obliterated expectations and the FED loves that.
Quoting investing101
{quote} Non farm doesn't matter. Unemployment rate obliterated expectations and the FED loves that.
Obliterated expectations at 3.9% when the forecast was 4.1%? If non-farm came in hot at double the forecast which many were predicting, this would've ripped to the downside. So I believe it does in fact matter.
A wise man changes his mind, a fool never will
Keep in mind that there is a huge amount of options expiring at 10 AM. That is when the fireworks will start.
https://www.forexlive.com/Orders/fx-...-cut-20220107/
Good Luck to all!
Wick versus candlestick ratio will set you free.
suspicious 1299 bounce. Let's see what transpires at the NY open. We still stick to our buy low selling high
Quoting Austyno
For non-farm, the plan is simple Sell at 1.13253 Sl 50 pips Target @ 1.12444 Keep in mind that bears have upper hand on weekly.
Active, bears, over to you
Risk comes from not knowing what to do
So far as planned
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Happy Friday everyone !!

Bulls took over completely from 1300s support, nice ! They really need to keep it up here till volatility drops or else bears will be sure to make use of it ! Beware bears to not get in before a proper confirmation, as we could be in for the much awaited bulls 1400s surprise ! .14s would be natural weekly reaches, given the weekly trend and factoring in momentum (I have an old .1418 sell limit still in effect). But I doubt it for today...

I am still waiting for some more dust to settle. It looks like we are close to seeing through this, wicks declining little by little, as my smile is getting bigger and bigger
Quoting sulai45
Good morning everyone, hope you're doing great. I think 1.1315 could be a good resistance for the bears today. Noting that NF hasn't been released yet lol. {image}
Held up very well indeed up to now nice Sulai45! Probably now the 1H closes over it at last, but maybe an impulse and next hour will be revenge to back below it, which for me would a first sign of failure from the bulls. Alas ! Volatility !
But for now, they are breaking right through with nice volatility ! Well done bulls, again !
I have an important level about the same as yours my friend:
Quoting mtako
..1H closing under 1326 to keep that hard earned bears momentum, still has much potential ...
Watching closely !
I still cannot buy seriously as long as >1330s don't show the right signs of support... but its sooo close !
So I have volatility setup both ways : will sell the low and/or buy the high (reverse), rinse repeat, of the first 15min bear candle IF there is ever one that appears

Sending my Friday good feelings to all!
Attached Image
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting mtako
... So I have volatility setup both ways : will sell the low and/or buy the high (reverse), rinse repeat, of the first 15min bear candle IF there is ever one that appears Sending my Friday good feelings to all! {image}
Triggered, TP set at 1355, SL set at low of the bear candle in question, .13242 is my sl to be precise. Sell stop is cancelled.
BUT I do have a sell the low of the next 15min bear candle, if we ever get another one

Bulls are eating all the bears AND their honey
If I don't mention SL and TP = longer-term setup possibly in the works!
Seems like L for my bear trades….
Extreme gut feeling trader
MontyGoldy - 10pips a day Return This Week: na
Quoting mtako
..So I have volatility setup both ways : will sell the low and/or buy the high (reverse), rinse repeat, of the first 15min bear candle IF there is ever one that appears Sending my Friday good feelings to all! {image}
SL at BE. Well, rinse and repeat not even needed and cancelled, thanks bulls volatility!! Feels like the bears are lurking now. Anybody feel that ?
If I don't mention SL and TP = longer-term setup possibly in the works!
WOW went 3pts close to my SL ! T1min momentum is sweet, thank you !

And I am prepared to buy again, at the high of this 15 candle, if it closes above 1340.
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting mtako
{quote} ... I do have a sell the low of the next 15min bear candle...
In great and still growing bull volatility, when a bear candle low is not even attacked, you know the bulls probably have something else in store ! Let's see what it is ! Second long triggered. 15pips SL for now, TP still open.
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting montygoldy
Seems like L for my bear trades….
Give it time, max for today IMO is 1.13623
Risk comes from not knowing what to do
Quoting yvestrcz
Hmm, long trade 1.1315, let's see where it can get.
I've been keeping this trade for 44 hours already. I have modified some of my trading rules, and decided to be less active in terms of the number of trades. Just to see how it goes. Part of it is hedging everything that would otherwise hit SL. Hence I earned 20 pips by hedging this long trade with a sell order from 1.13 to 1.1280, and had the actual SL another 10 pips lower, i.e. 1.1270. I will be trying to fine-tune it for some weeks, but it's worked well so far. Anyway, I expect this bulls endeavor to re-test New Year's Eve high, and I think that will be my TP somewhere there. Happy trading everyone!
Quoting yvestrcz
Hmm, long trade 1.1315, let's see where it can get.
Nice to read you Yves. I was actually thinking about you!
Your fine tuning work is inspiring, thanks a lot for sharing.
Very nicely done, your trade and patience and managing throughout the DD. I like to read these shares !!!!

Took me longer than expected, but am happy that I could finally join you going up !
Do you have a target in mind? I for one will keep at least one long if we close the day above 1390, as I would have a potential countertrend long from the 6H that would have >1480 potential, to be confirmed next week.
But of course, it is still just the top of the endless many weeks long .12-.14 range , in the high of which, I will soon have just as many shorts to take !
Waiting to see how far bulls can take this. Keeping my eye on that main ball

Have a good weekend to you to!
If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting mtako
{quote} Triggered, TP set at 1355, SL set at low of the bear candle in question, .13242 is my sl to be precise. Sell stop is cancelled. BUT I do have a sell the low of the next 15min bear candle, if we ever get another one Bulls are eating all the bears AND their honey
TP adjusted to 1372, factoring a new momentum setup.
If I don't mention SL and TP = longer-term setup possibly in the works!
I think 1.13660 is max what bulls could reach today. And still, I don't see any foundation for this growth. But trading isn't always reasonable, lol.
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