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EURUSD only

  • #153,041
  • Jul 29, 2022 7:14am Jul 29, 2022 7:14am
EUR/USD is very weak. I expect more downside towards the parity level.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2022-07-29_08-14-03.png Size: 39 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #153,042
  • Jul 29, 2022 7:14am Jul 29, 2022 7:14am
Alert! Lets see the lows again now - except the guys from 1.0209 take the profits, or close, then we wait.
Looking for profitable short term trades ...|
  • #153,043
  • Jul 29, 2022 7:15am Jul 29, 2022 7:15am
it is really really hard to stay with your bias when the chart look like this. but this is a game of deception so i hope i am right...keep calm haha
Attached Image (click to enlarge)
Click to Enlarge Name: keepcalm.PNG Size: 14 KB
  • #153,044
  • Jul 29, 2022 7:18am Jul 29, 2022 7:18am
Quoting ForexGoose
EUR/USD is very weak. I expect more downside towards the parity level. {image}
I see you never break your rules!

A rule of thump also is break your rules.

Its right if, you think that there is a philosophy for everything, unless you have tried that and didn't worked for you.

Congrats for your patience.
Looking for profitable short term trades ...|
  • #153,045
  • Jul 29, 2022 7:22am Jul 29, 2022 7:22am
From here on forwards, let's see if bears can keep price below 1.0208!
Focus only on what truly matters!
  • #153,046
  • Jul 29, 2022 7:23am Jul 29, 2022 7:23am
If this current 4hr candle closes bullish, then direction is set for the rest of the day
Risk comes from not knowing what to do
  • #153,047
  • Jul 29, 2022 7:34am Jul 29, 2022 7:34am
Speaking of H4...

So far so good for bears.. one important caveat is my GREEN ma line: 1.0179.. but overall it looks like as long as 1.0205 resists sell pressure stays intact...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 19 KB
Focus only on what truly matters!
  • #153,048
  • Jul 29, 2022 7:37am Jul 29, 2022 7:37am
Quoting Js3mwtRc
Good morning. EU managed to recover above 1.0109/0097 lows and now is looking at yesterdays high (1.0235) and 1.0258 resistance. Support comes at 1.0200 and a break could lead price first at 1.0190 and then if, it breaks at 1.0178 1.0156. In the news EU CPI Flash Estimate y/y, EU Prelim Flash GDP q/q & US Core PCE Price Index m/m are some significant news from the calendar today and also note it is the end of the Month and fund managers will create unwanted volatility from shifting positioning, so we might see crazy price action again. 15 min. chart....
74 pips done, only the crazy prediction left untouched! Going to rip now and continue later.

Quoting Js3mwtRc
{quote} 74 pips done, only the crazy prediction left untouched! Going to rip now and continue later.
Edit: who said US economy is not strong, if, it was me I regret!
Looking for profitable short term trades ...|
  • #153,049
  • Jul 29, 2022 7:58am Jul 29, 2022 7:58am
Meanwhile, on M30...

Nice sell momentum.. Can we get to 1.0145 by the end of the day/week/month? Let's see...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 18 KB
Focus only on what truly matters!
  • #153,050
  • Jul 29, 2022 8:08am Jul 29, 2022 8:08am
Damn bears, give up already
Risk comes from not knowing what to do
  • #153,051
  • Jul 29, 2022 8:11am Jul 29, 2022 8:11am
Quoting Austyno
Damn bears, give up already
I agree.. we are around AB=CD area now... Soon I expect a reaction...
Focus only on what truly matters!
  • #153,052
  • Jul 29, 2022 8:17am Jul 29, 2022 8:17am
Quoting Ata-Turkoglu
Meanwhile, on M30... Nice sell momentum.. Can we get to 1.0145 by the end of the day/week/month? Let's see... {image}
maybe the end of the 1/2 hour
Plan, Prepare, Execute, Repeat
  • #153,053
  • Jul 29, 2022 8:17am Jul 29, 2022 8:17am
Quoting Erkat
Today, Friday, is the last trading day of this month and I see a chance of growth with the dollar (DXY )
Both that I announced early and that it started very lateBut the important thing is that it turned out right⁦⁩⁦⁩
Half of the time, the market is building resistance and support levels, and
  • #153,054
  • Jul 29, 2022 8:20am Jul 29, 2022 8:20am
Quoting swingtrade65
{quote} maybe the end of the 1/2 hour
Just thinking out loud: If this all is still just part of wave B then the potential bullish wave c will be brutal!
Focus only on what truly matters!
  • #153,055
  • Jul 29, 2022 8:21am Jul 29, 2022 8:21am
Long
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #153,056
  • Jul 29, 2022 8:26am Jul 29, 2022 8:26am
Quoting Ata-Turkoglu
{quote} Just thinking out loud: If this all is still just part of wave B then the potential bullish wave c will be brutal!
My guess is that wave 4 has ended in the same range of 1.0275 and we are at the strong start of wave 5.(Just a possibility)
Half of the time, the market is building resistance and support levels, and
  • #153,057
  • Jul 29, 2022 8:29am Jul 29, 2022 8:29am
Quoting Ata-Turkoglu
{quote} Just thinking out loud: If this all is still just part of wave B then the potential bullish wave c will be brutal!
Oh it's coming .....

I went long early but I'm waiting...

Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_20220729_09.28.png Size: 14 KB
...because you never know - until you do!
  • #153,058
  • Jul 29, 2022 8:31am Jul 29, 2022 8:31am
Quoting Erkat
{quote} My guess is that wave 4 has ended in the same range of 1.0275 and we are at the strong start of wave 5.(Just a possibility)
I hear you..

For now, I still have not convinced myself that ABC correction is over... It still looks like AB is visible but C is missing... But who knows best? God knows best! Time will tell..

Best wishes
Focus only on what truly matters!
  • #153,059
  • Jul 29, 2022 8:32am Jul 29, 2022 8:32am
Quoting Rag2RichesFX
Long {image}
It s too early i think
  • #153,060
  • Jul 29, 2022 8:32am Jul 29, 2022 8:32am
Crazy to see people constantly gambling and trying to catch a bottom without any confirmation..
I play the trade gamble to feed my Porsche addiction.
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