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  • Post #155,621
  • Quote
  • Aug 31, 2022 6:44am Aug 31, 2022 6:44am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,157 Posts
Quoting Js3mwtRc
Disliked
Watching EU is looking at the upside resistance. News, EU CPI and US ADP, volatility is 74 pips and also today is the last day of August - profit taking. {image}
Ignored
74 pips achieved exactly at 0.9972, yesterday EU didn't made it either up or, down and closed 3 pips less than the predicted 75 range. I don't know, but I only guess that buying interest and London close didn't allowed.

ADP numbers later may hint more surprises to USD against EU and a strong number may break the EU even lower.

1.0028 should give up if, bulls want to see higher prices and 0.9970 support is closing the door for 0.9947.
Feels right this time!
 
1
  • Post #155,622
  • Quote
  • Aug 31, 2022 7:49am Aug 31, 2022 7:49am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 3,577 Posts
Quoting Js3mwtRc
Disliked
{quote} 74 pips achieved exactly at 0.9972, yesterday EU didn't made it either up or, down and closed 3 pips less than the predicted 75 range. I don't know, but I only guess that buying interest and London close didn't allowed. ADP numbers later may hint more surprises to USD against EU and a strong number may break the EU even lower. 1.0028 should give up if, bulls want to see higher prices and 0.9970 support is closing the door for 0.9947.
Ignored
You exactly described my daily trading plan: short with TP 0.995 with a possible reverse and long - we shall see about the long.

DXY HAS to break 108.50 to have a short at the predicted bull breakout - above 108.50 short EU and vice versa.
...because you never know - until you do!
 
2
  • Post #155,623
  • Quote
  • Aug 31, 2022 7:54am Aug 31, 2022 7:54am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Quoting Traderview
Disliked
{image}{image}{image}
Ignored
Price is still within the manipulation BOX
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 140 KB
 
1
  • Post #155,624
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  • Aug 31, 2022 7:56am Aug 31, 2022 7:56am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,157 Posts
Quoting fxsport
Disliked
{quote} You exactly described my daily trading plan: short with TP 0.995 with a possible reverse and long - we shall see about the long. DXY HAS to break 108.50 to have a short at the predicted bull breakout - above 108.50 short EU and vice versa.
Ignored
DXY 108.9692 time of writing
Feels right this time!
 
 
  • Post #155,625
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  • Aug 31, 2022 7:57am Aug 31, 2022 7:57am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Quoting Traderview
Disliked
{quote} Price is still within the manipulation BOX {image}
Ignored
What is a price manipulation box if I may ask? Sounds kind of fancy, but not sure what is supposed to happen within this box
Another day, another dollar.
 
 
  • Post #155,626
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  • Aug 31, 2022 8:18am Aug 31, 2022 8:18am
  •  Eren10
  • | Joined Aug 2010 | Status: Member | 732 Posts
Quoting nic9man
Disliked
{quote} What is a price manipulation box if I may ask? Sounds kind of fancy, but not sure what is supposed to happen within this box
Ignored

Giving money to banks
 
1
  • Post #155,627
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  • Aug 31, 2022 8:28am Aug 31, 2022 8:28am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Quoting nic9man
Disliked
{quote} What is a price manipulation box if I may ask? Sounds kind of fancy, but not sure what is supposed to happen within this box
Ignored
It's range or zone and the term ''manipulation '' itself tells you the meaning.
 
2
  • Post #155,628
  • Quote
  • Aug 31, 2022 8:29am Aug 31, 2022 8:29am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Im watching 0.9989 for Bulls.
 
1
  • Post #155,629
  • Quote
  • Aug 31, 2022 8:30am Aug 31, 2022 8:30am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Quoting Eren10
Disliked
{quote} Giving money to banks
Ignored
Nice way to put it..
 
1
  • Post #155,630
  • Quote
  • Aug 31, 2022 8:33am Aug 31, 2022 8:33am
  •  GreenJ
  • | Joined Jun 2022 | Status: Member | 463 Posts
The game plan is in my opinion for most of the central banks to have their rates at 2% to 2.25% by H23. ECB will hike aggressively now, Fed maybe .50 (maybe .75) and drop it later, the rest like GB, Canada, Australia will hike or drop accordingly. Volatility in EUR will continue with an upward direction.

Big option expiry today too. Good time to take the stops out too lol.
 
1
  • Post #155,631
  • Quote
  • Aug 31, 2022 8:44am Aug 31, 2022 8:44am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Quoting Traderview
Disliked
{quote} It's range or zone and the term ''manipulation '' itself tells you the meaning.
Ignored
Thanks, but why do you call it manipulation box instead of aggressive buy box or so. Do you want to give credit to robber bank tactics of price manipulation?
Another day, another dollar.
 
 
  • Post #155,632
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  • Aug 31, 2022 8:46am Aug 31, 2022 8:46am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Quoting nic9man
Disliked
{quote} Thanks, but why do you call it manipulation box instead of aggressive buy box or so. Do you want to give credit to robber bank tactics of price manipulation?
Ignored
It's not a buy or sell. It's a range i.e it'll be staying there for a while before a decision was made.
 
 
  • Post #155,633
  • Quote
  • Aug 31, 2022 8:56am Aug 31, 2022 8:56am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,961 Posts
Quoting Traderview
Disliked
Im watching 0.9989 for Bulls.
Ignored
anyone else watching this price 0.9989 for bulls.
 
2
  • Post #155,634
  • Quote
  • Aug 31, 2022 9:15am Aug 31, 2022 9:15am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Quoting Traderview
Disliked
{quote} It's not a buy or sell. It's a range i.e it'll be staying there for a while before a decision was made.
Ignored
Ah ok I thought it was a buy zone as you made it green
Another day, another dollar.
 
1
  • Post #155,635
  • Quote
  • Aug 31, 2022 9:26am Aug 31, 2022 9:26am
  •  Eren10
  • | Joined Aug 2010 | Status: Member | 732 Posts
I did not trade it but 5m showed good supportive levels.
Attached Image (click to enlarge)
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Size: 11 KB
 
 
  • Post #155,636
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  • Aug 31, 2022 9:55am Aug 31, 2022 9:55am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,689 Posts
Meanwhile, on H4...

Lovely environment for swing traders... I am waiting for bulls to complete their move...

For bears: 0.9972 area is my nearest support!
Attached Image (click to enlarge)
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Name: EURUSD-H4.png
Size: 17 KB
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 8.6%
 
6
  • Post #155,637
  • Quote
  • Aug 31, 2022 10:26am Aug 31, 2022 10:26am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,157 Posts
Quoting Js3mwtRc
Disliked
{quote} 74 pips achieved exactly at 0.9972, yesterday EU didn't made it either up or, down and closed 3 pips less than the predicted 75 range. I don't know, but I only guess that buying interest and London close didn't allowed. ADP numbers later may hint more surprises to USD against EU and a strong number may break the EU even lower. 1.0028 should give up if, bulls want to see higher prices and 0.9970 support is closing the door for 0.9947.
Ignored
We are above 1.0028 resistance, and target should be at 1.0046 on this break up if, not 1.0000 is support (decision point).

Quoting Js3mwtRc
Disliked
{quote} We are above 1.0028 resistance, and target should be at 1.0046 on this break up if, not 1.0000 is support (decision point).
Ignored
After the break 1.0020 showed support at 15 minutes chart - decision point now.
Feels right this time!
 
2
  • Post #155,638
  • Quote
  • Aug 31, 2022 10:41am Aug 31, 2022 10:41am
  •  ykk76
  • | Joined Apr 2013 | Status: Member | 31 Posts
woo hoo EU long.
where is the exit folks?
 
 
  • Post #155,639
  • Quote
  • Aug 31, 2022 10:42am Aug 31, 2022 10:42am
  •  ykk76
  • | Joined Apr 2013 | Status: Member | 31 Posts
Quoting ykk76
Disliked
woo hoo EU long. where is the exit folks?
Ignored
looking for 1.0062 in the short term FYI
 
 
  • Post #155,640
  • Quote
  • Aug 31, 2022 10:44am Aug 31, 2022 10:44am
  •  ykk76
  • | Joined Apr 2013 | Status: Member | 31 Posts
Quoting ykk76
Disliked
{quote} looking for 1.0062 in the short term FYI
Ignored
or is it a HOLDDDD?
 
 
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