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EURUSD only

  • #158,641
  • Oct 7, 2022 2:10pm Oct 7, 2022 2:10pm
This market is crazy.

After such data it goes down but after few minutes it is directed towards the starting levels and then comes down again.
  • #158,642
  • Oct 7, 2022 2:24pm Oct 7, 2022 2:24pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
It has room to fall till 0.97100
  • #158,643
  • Oct 7, 2022 2:28pm Oct 7, 2022 2:28pm
Quoting Ata-Turkoglu
I am risking a tiny long here at 0.9735 with 1 lot... SL: 30pips... TP: Open... Let's see how it goes...
Trying to catch Falling Knife ??
PaRaM
  • #158,644
  • Oct 7, 2022 2:40pm Oct 7, 2022 2:40pm
Quoting pgidia
{quote} Trying to catch Falling Knife ??
Not at all... I am buying fibo 166.6...
Focus only on what truly matters!
  • #158,645
  • Oct 7, 2022 3:11pm Oct 7, 2022 3:11pm
Ata will wait for your weekly review for next week.

This week went as you said
Monday and Tuesday Up and then Bears took charge.

Hope next week analysis help us more in coming days.

And Thanks for your help and support

Happy Weekend
PaRaM
  • #158,646
  • Oct 7, 2022 3:12pm Oct 7, 2022 3:12pm
Quoting fxcontest
Sell Stop 0.9752
Tp All
Holy Betting Grail strategy
  • #158,647
  • Oct 7, 2022 3:18pm Oct 7, 2022 3:18pm
Quoting saulat
{quote} Sir, I am stuck at Buy, where can I see a reversal?
Hi,
could you loose you're long position? Next bigger reversal should start here...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20221007-221718.png Size: 61 KB

Best
Chriss
  • #158,648
  • Oct 7, 2022 3:28pm Oct 7, 2022 3:28pm
Quoting pgidia
Ata will wait for your weekly review for next week. This week went as you said Monday and Tuesday Up and then Bears took charge. Hope next week analysis help us more in coming days. And Thanks for your help and support Happy Weekend
I bought a much much bigger magnet than andvk74 is using... There is no harm in trying some magic... I guess...

*Sorry for borrowing your chart andvk74... I had to do it...
Attached Image (click to enlarge)
Click to Enlarge Name: andvk.png Size: 24 KB
Focus only on what truly matters!
  • #158,649
  • Oct 7, 2022 4:02pm Oct 7, 2022 4:02pm
️good weekend all
  • #158,650
  • Oct 7, 2022 4:06pm Oct 7, 2022 4:06pm
Enjoy your weekends folks... See you on Monday...
Focus only on what truly matters!
  • #158,651
  • Oct 7, 2022 4:55pm Oct 7, 2022 4:55pm
happy weekend to everyone, busy weekend in my case, got to backtest and rectify errors...
Blank and Empty
  • #158,652
  • Oct 7, 2022 6:16pm Oct 7, 2022 6:16pm
Jumping in on this thread given I'm pretty damn heavy short EURUSD. Been shorting for a few months now and scaled into the position at various points but net trade position is short around parity. So, I'm keen to keep tabs on everyone's views. Interesting times!
  • #158,653
  • Edited 8:04pm Oct 7, 2022 7:53pm | Edited 8:04pm
Quoting Ata-Turkoglu
I am risking a tiny long here at 0.9735 with 1 lot... SL: 30pips... TP: Open... Let's see how it goes...
It is also critical support to me but too late in the week. Will see what happened on Monday

Happy Weekend all!
Patience, Emotion Control and Discipline.
  • #158,654
  • Oct 7, 2022 11:21pm Oct 7, 2022 11:21pm
Quoting Ata-Turkoglu
{quote} I bought a much much bigger magnet than andvk74 is using... There is no harm in trying some magic... I guess... *Sorry for borrowing your chart andvk74... I had to do it... {image}


Possibly you should have kept upside down. seems the pole are opposite and instead of attraction it is distraction

Just for fun

Happy Weekend
PaRaM
  • #158,655
  • Oct 8, 2022 3:45am Oct 8, 2022 3:45am
Hello traders, we are back at below 0.9800 after EU touched parity this week and the fall that came after it faded all the pips plus from the upward correction it managed to gain. This is a signal that the best have ended for this pair and the worst will come. I see at least 0.9600/20, but EU might easy drop below the 0.9537 Sep low for a test of 0.9500.

Above 0.9827, the trendline, the weekly pivot and 100 ma things could be different and EU might reach 0.9950, 200 ma and R2 weekly level.

The weekly volatility is 182 pips and US CPI is the risk event at Wednesday. Monday is Bank Holiday in the US so normal trade starts after Tuesday. Have a great rest of the weekend!

4 Hours Graph:

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
Looking for profitable short term trades ...|
  • #158,656
  • Oct 8, 2022 9:17am Oct 8, 2022 9:17am
Quoting Ata-Turkoglu
{quote} I bought a much much bigger magnet than andvk74 is using... There is no harm in trying some magic... I guess... *Sorry for borrowing your chart andvk74... I had to do it... {image}
Only for dummies: My magnet is just a joke! By all means, I do not claim that price will go up. It might or might not... the chart was only for entertainment purposes.

To all: Keep enjoying your weekends until I hopefully post my analysis for the new week...

Cheers
Focus only on what truly matters!
  • #158,657
  • Oct 8, 2022 9:26am Oct 8, 2022 9:26am
I liked the magnet pic lol, it reminded me of andvk74.
  • #158,658
  • Oct 8, 2022 11:23am Oct 8, 2022 11:23am
With the opening at the beginning of the week, the price may rise a little to suppress the bears, but I think it will regress to the orange line below. Note the orange line below. -0.9634-

Enjoy the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: resim_2022-10-08_192003602.png Size: 8 KB
Swing Trader
  • #158,659
  • Oct 8, 2022 12:37pm Oct 8, 2022 12:37pm
Quoting investing101
{quote} 100% wrong if you think that was manipulation on a bearish 8:30 NY economic report
so is it right to say that market moves based on fundamentals purely?
  • #158,660
  • Oct 8, 2022 5:31pm Oct 8, 2022 5:31pm
Quoting fxcontest
{quote} Just draw the line before London and NY
Any resources available for the system? I'd like to learn, but my lines differ and I don't get a clue. Thanks in advance.
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