EURUSD only

Quoting sammytee001

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{quote} I'm just saying. Liquidity move came during the meeting not before. Yes, something fishy might be happening, but I'm just talking about being careful. I wish everyone the best.

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Quoting Wavegarrick

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Hi Guys, I wanted to post this trade setup here today and unfortunately, once I got my trades in on the pullback price shot up like a rocket with the news event. My apologies. Anyway hope to be more proactive in this thread in coming time, the year is young. We do have a lot more space for bulls from a medium-term perspective and I will update accordingly. Have a great week, Cheers. {image}

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Quoting Wavegarrick

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Hi Guys, I wanted to post this trade setup here today and unfortunately, once I got my trades in on the pullback price shot up like a rocket with the news event. My apologies. Anyway hope to be more proactive in this thread in coming time, the year is young. We do have a lot more space for bulls from a medium-term perspective and I will update accordingly. Have a great week, Cheers. {image}

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Quoting Mitiblotch

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{quote} Well, but she was clear that inflation should easy over the course of the year. Also we know the ECB won't raise rates this year. The forecast was always 2023 and even then it is tentative. The case with the EU is the small poor countries who will suffer with interest rate hike. But my surprise still remains that the other brother of this pair which has a higher ADR couldn't even muster 100 pip move from bottom to top, and even dropped 80 pips from the top even after a clear rate hike and a very hawkish Andrew Bailey. My conclusion, as has...

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Quoting ScalaFX

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{quote} Hey Mate, can you upload this levels on chart? Im courious how looks like this Elliots points

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Quoting Mitiblotch

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{quote} Can you please tell us the fundamental reason for the rise? The pound has more reason to spike with the rate rises and all yet it couldn't do 100 pips. EU nothing. Lagarde sounded as dovish as hell, even said inflation was caused by energy but will come down over the cause of the year. According to her no rate rise till end of bond purchase. So what exactly fuelled the rise? For me, I stayed out of shorts because saw that shorts increased from 35% to 52%. That was a recipe for short disaster. Just liquidity move. Has nothing to do with fundamentals...

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Quoting Mitiblotch

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{quote} Well, but she was clear that inflation should easy over the course of the year. Also we know the ECB won't raise rates this year. The forecast was always 2023 and even then it is tentative. The case with the EU is the small poor countries who will suffer with interest rate hike. But my surprise still remains that the other brother of this pair which has a higher ADR couldn't even muster 100 pip move from bottom to top, and even dropped 80 pips from the top even after a clear rate hike and a very hawkish Andrew Bailey. My conclusion, as has...

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Quoting suthmo

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{quote} Not looking good for my trade view how it keeps spiking the top here! I got a sucky entry. I've been burned once this week on a retrace that only went 23% This one hasn't even gone 23%yet if I get burned again I'll be pissed. {image}

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Quoting galactico

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{quote} i dont understand. You say you stayed out of shorts but wrote 3 or 4 posts where you say you entered short?

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Quoting Mitiblotch

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{quote} Out at 1.1277. Came out in a plus after the scare yesterday. I don't want to risk it. Good luck!

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Quoting bpola

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{quote} I would say the institutions manipulated prices to make profits today BOE hiked rates but price only whip-sawed. ECB only talk and no action, prices spiked up. Classic manipulation during low liquidity news event. Fundamentals will take over after our stops have been cleared.

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Quoting dayscalping

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We are not seeing any good pullback, it has been all bulls since morning. Should we expect a pull back to around 1.139x before any more upward movements?

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