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EURUSD only

Quoting SirMcPip
Long term direction in EUR is down, in my view down to parity and below. But I can twist and turn it anyway I want, I cant imagine the market leaving this liquidity spot on the table before continuing in the direction of the main trend. As such here is the trade. Date: 03/10/2022 Time GMT: 4:44 pm Market: EUR/USD Current Price(Dukascopy Bank SA): 1.1000 Direction: Long Order Type : Market Market Price: 1,1000 Stops: None Target: 1.1500
I don't understand. What kind of trade is that?
LOL... I got it! You put the month first, i.e. March/10/2022.
Sorry

ps: I realised while writing the post but thought of going ahead with it
Risk Management is of utmost importance!
Quoting ScalaFX
{quote} This is long or short term target?
That depends on you. To me its short term.
Quoting RCtrader
{quote} I don't understand. What kind of trade is that? LOL... I got it! You put the month first, i.e. March/10/2022. Sorry ps: I realised while writing the post but thought of going ahead with it
Quoting Treeny
Parity would be a surprise but not out of the question
As the saying goes, time will tell
Hi, imo:
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2022 03 10 EURUSDWeekly czw.png Size: 63 KB
Quoting SirMcPip
{quote} That depends on you. To me its short term.
Its can be but for me not in short term, thanks for the answer
People don't plan to lose. They lose because they don't plan.
Quoting belon
Hi, imo: {image} {image}
Yes, for me this can be short term ⛷⛷⛷
People don't plan to lose. They lose because they don't plan.
Quoting Ata-Turkoglu
{quote} No rocket science.. I simply have my personal way of tracking important s/r levels.. I don't share the complex ones to keep my posts simple.. (below chart is just an example of what I don't share) {image}
looks interesting, thanks for your response
rip and tear until it's done
Quoting SirMcPip
Long term direction in EUR is down, in my view down to parity and below. But I can twist and turn it anyway I want, I cant imagine the market leaving this liquidity spot on the table before continuing in the direction of the main trend. As such here is the trade. Date: 03/10/2022 Time GMT: 4:44 pm Market: EUR/USD Current Price(Dukascopy Bank SA): 1.1000 Direction: Long Order Type : Market Market Price: 1,1000 Stops: None Target: 1.1500
Hi señor SirMcPip
How long do you think it will take to reach the Target of 1500?
If the price falls, how long will we keep this position?
Half of the time, the market is building resistance and support levels, and
One would say bears getting ready for a massive attack. Price resting around 1.0990 with impunity for quite some time already. My two cents.
volatility is falling. In my opinion, trade should be avoided in such cases.
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traders helps traders
Follow this region. The possibility of reaction is very high
Attached Image (click to enlarge)
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traders helps traders
Quoting Erkat
{quote} Hi señor SirMcPip How long do you think it will take to reach the Target of 1500? If the price falls, how long will we keep this position?
How long, i have no clue, as long as it takes i guess. The question is more if i got close to the right point in time. If i did and provided my analysis is correct, the move itself i believe will be quiet fast.
Concerning the second part of your question, i have some mental limit as of how much losses i am willing to take but this depends on a few factors. I see no reason to think about it at this point. But when i say no SL, then expect it to be at least very generous, not the common 20 or 50 pips and such. Let me state here real quick that i do not provide trade recommendations or such but if you are planning on taking the same trade, then use a leverage ratio that makes sense so you wont sweat. The drawdowns are not the problem, the leverage usually is.
Quoting SirMcPip
{quote} How long, i have no clue, as long as it takes i guess. The question is more if i got close to the right point in time. If i did and provided my analysis is correct, the move itself i believe will be quiet fast. Concerning the second part of your question, i have some mental limit as of how much losses i am willing to take but this depends on a few factors. I see no reason to think about it at this point. But when i say no SL, then expect it to be at least very generous, not the common 20 or 50 pips and such. Let me state here real quick...
Thanks a lot master
Half of the time, the market is building resistance and support levels, and
The inability to hold above the key 1.1100 level could be telling of further downside potential for the pair, as it signals demand for the Euro remains suppressed at these levels given the current economic/political conditions, despite the ECB’s hawkish surprise.

The US CPI figures would’ve also essentially confirmed a 50bps hike from the Fed if wasn’t for the Ukraine crisis. Therefore, if we see a return to speculation for an aggressive start to the tightening cycle, and confirmation by the Fed next week, EUR/USD might be poised for another sustained leg lower.

All trading carries risk, but it should be interesting to see how this develops leading up to, and after, the FOMC Meeting.
After seeing the market close below 1.0992 I expected Asian session traders to exit their positions and give us a little push up.

-4hr going up till pivot 1.1032 then short again.
-Shorted close to the 200MA in the 1HR chart(1.10106).
-Near 2nd support D Chart (1.08855).
-4HR chart Stoch has some room down.
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Quoting mustafayucel
Follow this region. The possibility of reaction is very high {image}
Above engulf, below cluster, if there would be also an RSI divergance, that would be greate, what do you think?
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Hello all!
starting shorting some, will add when comes higher
People don't plan to lose. They lose because they don't plan.
Quoting ScalaFX
Hello all! starting shorting some, will add when comes higher
SL now BE, waiting for drop or add higher
People don't plan to lose. They lose because they don't plan.
Quoting belon
Hi, imo: {image} {image}
How do we get to the indicator on the right, showing h1 - h4?
You can lose your money and possibly lose. So trade wisely.
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