EURUSD only

Bears won clearly yesterday. Let's see how today goes.

We are a couple days away from end of month... There will be a lot of shenanigans next week.. Be prepared for crazy volatility..

#EURUSD / H4

Good morning everyone, hope you're great. I think 1.1193 can be a good support for today.

First target met. .
half of the position closed.
Sl moved to break even.
Trailing stop of 100 pips.
Stay green.

1.11875 is the low for the year, month and week, do with this info what you will.

From here henceforth, I will be buying the dips

None in sight yet Boy, they held up a 2 month long fight. They have all my respect! And its maybe not done. Still too close to 'back in range' prices... But in my book big bulls would be over for a while if this week doesnt pull back up >1270. Would be a BO south too many, stopping a just as swift return up. Of course bulls could still take it back even if this happens, but just would not have half the steam it could if it took it in this volatility. Then again, this volatility could be even greater next week.

Small update.. as levels change rapidly than ever as price evolves and dynamics change, so do my SL TP and levels for almost every setup and setups to come. Maybe possibly even witnessing the birth from ranging to trending after a long period of ranging numbness in ranging heaven :
Protective SL of all my shorts except 15minOpenSetup(follow quote above if interested) now down to 1320.
"Selling aggressively every 15min cdl open with tightest SL" is in effect longer than expected. Waiting for volatility to stop growing!, and only then will I stop and go back to normal trading mode; will gladly update them if I get a like; working on sharing more of what is liked...
So it is going very well up to now, and have started to take some profits this last hour. With enough momentum and trend sense, and patience, what seems like reckless trading, often is not at all. That is what I also cared to share these last few days. Im not sure if it was grasped (I know how bad a communicator I can be!)or appreciated, but I still enjoyed sharing it. Im back up in my above average levels in return/drawdown now for the month, even if I get stopped out by my worst case scenario. Nice, especially after such a fight with determination and patience.

If bears hold on like this till next week, I will probably have a " BE instead of TPs " situation , no longs allowed, for all setups except scalps.

Wow, another volatility in momentum setup 1201, been a while Ive had so many such clean ones!

I almost forgot, Buy stop 1274 !

1.1205 is key.. BUT no double dojis on many intraday timeframes between M15 to D1 yet.. In other words, there are none of the "at least" signs for any reversal.. Therefore no buying yet.. Don't rush!

The selling pressure persistent still. I bet there will be a bears' attack yet, I expect approx. 1.1178 to be LOD.
That is what I expect, nothing more.

This is starting to look dire for the EUR/USD. I just bought a small stake at 1.1207 or 1/10 of a normal position. Letś give it a generous stoploss of a 100 pips but this is getting way oversold

True. When the opportunity to buy comes it will be clear.

You still in your longs or exited

My two cents, worth only one : we only need to look at last November, October, June, and so many other moves in the last years, to see that more is possible after breaking out. Keeping our minds on the improbable will help us get through on the long run. Buying just because it is very low is a bad approach, even for Crazy Mtako's ! Thankfully, there are plenty of ways to buy safely in every situation. In this case, for me, it is scalping only and wait for bottoms to fail clearly, or a resistance to show signs of support after BO. Till then, more patience will pay. Don't do like MTako !

Exited as 1.1220 broke. I actually wanted to hold till break below 1.1185 but I saw that breaching 1.1185 is inevitable so why wait till then. I cut it already. Normally I could trade 2 lots. Yesterday all I entered was 0.4lots in total. So I didn't really care and I was risking a little part of my profit.

Now waiting for real longs after it breaks 1.1185. I will enter with proper confirmation. Yesterday I was just playing FOMC risky game.

Big news coming up. Need to focus. Wont share my whole plan, but lets say it involves 61 positions and I know the bulls are lurking! Preparing for the worse and best. If their struggle is no stronger than yesterday's(lets say 1230s is reached but not breached), am preparing for an even bigger drop to finish the month.

Good to laugh a bit helps me focus.

Dropping for the 10th time now from the top of a perfectly horizontal 3 pips range. IT IS TIME

In my view no potential correction before at least the 06-19-2020 lows at 1.1168 are taken out. Next weekly support sits at 1.1150. so 1.1130 might or might not get hit the first attempt.

I know the feeling mate ! Also, I have been told here by a couple traders that they have done great taking opposite direction from me. Sharing both feelings ! Appreciate your shares mate, you keep it you !

P.S price barely moved up all Asian, wondering how you could not get a good short in such ideally rare circumstances. I must be misunderstanding you. Correct me if I'm wrong. Cheers

Volatility shrunk. Big boys showing up !! So I am finally done my aggressive tight stop selling :