Attachments: EURUSD only

EURUSD only

#158,321
Oct 5, 2022 4:25am Oct 5, 2022 4:25am

fxcontest
Joined Jul 2011 | Status: Trader | 3,147 Posts

Choppy Day : 0.9945 and 0.9865

Holy Betting Grail strategy

#158,322
Oct 5, 2022 4:26am Oct 5, 2022 4:26am

GreenJ
| Joined Jun 2022 | Status: Trader | 463 Posts

Quoting Js3mwtRc

Disliked

The price stoped at the R1 weekly level now support. FX option expiries for Oct 5 NY cut at 10:00 Eastern Time, via DTCC, can be found below. 0.9800 1.89b - too far 0.9825-30 330m 0.9930-35 1.28b 0.9950-60 715m 0.9965-70 357m - the next top? https://www.fxstreet.com/news/fx-opt...t-202210050634

Ignored

We are in for an interesting day.... MM's are testing the waters. They might drop it a lot but the bulls will come right back in....

#158,323
Oct 5, 2022 4:36am Oct 5, 2022 4:36am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,132 Posts

Quoting GreenJ

Disliked

{quote} We are in for an interesting day.... MM's are testing the waters. They might drop it a lot but the bulls will come right back in....

Ignored

For now, nothing interesting for me... Tuesday was interesting, since I expected nothing higher than 0.9919, but bulls somehow cracked it... and here we are where bears are trying to retest that 0.9919 area...

Today, I expect a regular bounce up... However, if no bounce happens and bears crash back below 0.9918, then I would join your statement and call it an interesting day

Best wishes

Focus only on what truly matters!

#158,324
Oct 5, 2022 4:42am Oct 5, 2022 4:42am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts

Quoting GreenJ

Disliked

{quote} We are in for an interesting day.... MM's are testing the waters. They might drop it a lot but the bulls will come right back in....

Ignored

Drop but only below 0.9924 for me!

Looking for profitable short term trades ...|

#158,325
Oct 5, 2022 4:54am Oct 5, 2022 4:54am

sulai45
| Joined Jul 2016 | Status: Trader | 1,526 Posts

Well done to the bears;

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#158,326
Oct 5, 2022 5:09am Oct 5, 2022 5:09am

fleps
| Membership Revoked | Joined Dec 2020 | 542 Posts

Quoting Ata-Turkoglu

Disliked

{quote} For now, nothing interesting for me... Tuesday was interesting, since I expected nothing higher than 0.9919, but bulls somehow cracked it... and here we are where bears are trying to retest that 0.9919 area... Today, I expect a regular bounce up... However, if no bounce happens and bears crash back below 0.9918, then I would join your statement and call it an interesting day Best wishes

Ignored

Seems it has tested the area just as you said.

Please join me in my journey for 100 perfect trades. See my journal!

#158,327
Oct 5, 2022 5:18am Oct 5, 2022 5:18am

fleps
| Membership Revoked | Joined Dec 2020 | 542 Posts

I guess it is an interesting day after all...

Or maybe not?

Please join me in my journey for 100 perfect trades. See my journal!

#158,328
Oct 5, 2022 5:22am Oct 5, 2022 5:22am

numbercutter
| Joined Jul 2022 | Status: Trader | 169 Posts

wouldn't the ultimate trick be simply going back down after such a definitive daily candle yesterday..

remember this, if we can thrive in these markets we can thrive during any

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always shorting eu All Time Profit: $1,476

#158,329
Oct 5, 2022 5:31am Oct 5, 2022 5:31am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,132 Posts

Quoting fleps

Disliked

{quote} Seems it has tested the area just as you said.

Ignored

It's a test in progress... not "has tested".. still "being tested"... Some tests can last for hours and even days..

Focus only on what truly matters!

#158,330
Oct 5, 2022 6:03am Oct 5, 2022 6:03am

huntx
| Joined Oct 2022 | Status: Trader | 2 Posts

just a beginner

If the yellow resistance line is not broken to any point, it will fall in your opinion

sell or buy

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#158,331
Oct 5, 2022 6:05am Oct 5, 2022 6:05am

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,261 Posts

Quoting Ata-Turkoglu

Disliked

{quote} Don't get burnt Miti...

Ignored

Thanks Ata. I have banked all shorts. Holding just one. And TP is 0.9870. After that will reassess.

#158,332
Oct 5, 2022 6:08am Oct 5, 2022 6:08am

buddha-
| Membership Revoked | Joined Feb 2019 | 1,453 Posts

#158,333
Oct 5, 2022 6:09am Oct 5, 2022 6:09am

Erkat
Joined Jan 2022 | Status: Trader | 693 Posts

Quoting Erkat

Disliked

⁦⁩ {image}

Ignored

TP for me at 0.9905

Half of the time, the market is building resistance and support levels, and

#158,334
Oct 5, 2022 6:37am Oct 5, 2022 6:37am

ForexGoose
Joined Dec 2021 | Status: hungry for pizza & burgers | 2,542 Posts

Quoting ForexGoose

Disliked

sold from 0.995, stop loss above 1.0, target is 0.964 at least {image}

Ignored

it is falling down again, not surprising

don't believe in mumbo jumbo from gurus & charlatans, don't pay them money

#158,335
Oct 5, 2022 6:41am Oct 5, 2022 6:41am

Starcraftmaz
Joined Mar 2012 | Status: Trader | 1,983 Posts

What goes up... Must come down.

The only question here is, was that the top before we see lower lows.

#158,336
Oct 5, 2022 6:41am Oct 5, 2022 6:41am

Mihir788
| Joined Oct 2022 | Status: Trader | 2 Posts

Hi All
Eurusd have space to go down to 0.9600 for monthly rebalancing process.

#158,337
Oct 5, 2022 6:42am Oct 5, 2022 6:42am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,132 Posts

Quoting Mitiblotch

Disliked

{quote} Thanks Ata. I have banked all shorts. Holding just one. And TP is 0.9870. After that will reassess.

Ignored

0.9919 is not supportive as I expected... Now the day is getting interesting (at least for me)

Focus only on what truly matters!

#158,338
Oct 5, 2022 6:43am Oct 5, 2022 6:43am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,132 Posts

Quoting Starcraftmaz

Disliked

What goes up... Must come down. The only question here is, was that the top before we see lower lows.

Ignored

NASA lost so many satellites and rockets that were going up but never came down

just kidding..

Focus only on what truly matters!

#158,339
Oct 5, 2022 6:47am Oct 5, 2022 6:47am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts

0.9928 is the decision point and the ADP is half an hour near - maybe out of sync yet, but its good to be ready

I feel better by watching some sellers making profits today, well done

Looking for profitable short term trades ...|

#158,340
Oct 5, 2022 6:52am Oct 5, 2022 6:52am

GreenJ
| Joined Jun 2022 | Status: Trader | 463 Posts

Quoting Ata-Turkoglu

Disliked

{quote} 0.9919 is not supportive as I expected... Now the day is getting interesting (at least for me)

Ignored

As you previously said, shenanigans. The price for the large expiration is too close and it had to come down. It is still too close/dangerous for them and it will get more interesting with NY soon.