If the price at 0444 remains intact for today, the price will see the 1.01xx channel
Until then I'll enjoy a bearish move towards 1.0130
Half of the time, the market is building resistance and support levels, and
- #161,822
- Nov 25, 2022 9:53am Nov 25, 2022 9:53am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Just sold 1.0392.. Stop: 12 pips... TP: 20 pips or so... Let's see..
I am calling it a day and week folks.. No success this afternoon..
Enjoy your weekends and we hopefully meet again on Monday..
All the best
Focus only on what truly matters!
- #161,823
- Nov 25, 2022 9:54am Nov 25, 2022 9:54am
- | Commercial User | Joined Jul 2013 | 7,918 Posts
{quote} As long as no full candle closes above the 0444 level in the one-hour timeframe, the idea will be valid..
We watch the charts from every angle so you don't have to!!
- #161,824
- Nov 25, 2022 9:55am Nov 25, 2022 9:55am
- Joined Jul 2011 | Status: Trader | 3,218 Posts
Holy Betting Grail strategy
- #161,825
- Nov 25, 2022 10:05am Nov 25, 2022 10:05am
{quote} I believe we will at least challenge the highs today.
Half of the time, the market is building resistance and support levels, and
- #161,826
- Nov 25, 2022 10:09am Nov 25, 2022 10:09am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,563 Posts
That move from 1.0355 was the black frider's bargain hunting 
Looking for profitable short term trades ...|
- #161,827
- Nov 25, 2022 10:35am Nov 25, 2022 10:35am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,563 Posts
{quote} We will have to be patient and see if the validity of that idea is challenged by the break and close of the one-hour candle above 0444.
Looking for profitable short term trades ...|
- #161,828
- Nov 25, 2022 11:14am Nov 25, 2022 11:14am
- Joined Jul 2011 | Status: Trader | 3,218 Posts
Holy Betting Grail strategy
- #161,830
- Nov 25, 2022 12:32pm Nov 25, 2022 12:32pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,058 Posts | Online Now
Patience, Emotion Control and Discipline.
- #161,831
- Nov 25, 2022 12:33pm Nov 25, 2022 12:33pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,058 Posts | Online Now
That move from 1.0355 was the black frider's bargain hunting
Patience, Emotion Control and Discipline.
- #161,833
- Nov 25, 2022 3:21pm Nov 25, 2022 3:21pm
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.
- #161,834
- Nov 25, 2022 4:20pm Nov 25, 2022 4:20pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,058 Posts | Online Now
Patience, Emotion Control and Discipline.
- #161,835
- Nov 25, 2022 8:54pm Nov 25, 2022 8:54pm
- Joined Jul 2011 | Status: Trader | 3,218 Posts
Holy Betting Grail strategy
- #161,836
- Nov 25, 2022 8:56pm Nov 25, 2022 8:56pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,058 Posts | Online Now
Patience, Emotion Control and Discipline.
- #161,837
- Nov 25, 2022 11:05pm Nov 25, 2022 11:05pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,058 Posts | Online Now
Just my thinking for next week.
we are remain in a channel 0420 key resistance and if we break the upward channel it may provide room for further drop
daily another doji.4h looks like a double top forming but daily close above 200dsma is a bit alarming. Well at least better than closing above 0400.
if double top confirm then we should see 0100.
USDX seems like have found support
we are remain in a channel 0420 key resistance and if we break the upward channel it may provide room for further drop
daily another doji.4h looks like a double top forming but daily close above 200dsma is a bit alarming. Well at least better than closing above 0400.
if double top confirm then we should see 0100.
USDX seems like have found support
Patience, Emotion Control and Discipline.
- #161,838
- Nov 26, 2022 5:04am Nov 26, 2022 5:04am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,563 Posts
{quote} Haha i know! Nice catch mate!
https://think.ing.com/snaps/us-resil...-talk-tougher/ Interesting article, regarding a potential fading of FED dovishness. Happy weekend!
Wednesday EU CPI & Fed Chair Powell Speech, Thursday US Core PCE Price Index & Friday NFP.
Looking for profitable short term trades ...|
- #161,839
- Nov 26, 2022 5:26am Nov 26, 2022 5:26am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,563 Posts
The chart closed the week above 1.0369 but below 1.0481 so still the price is in a consolidation mode.
I filtered out from the economic calendar these news for the next week: Wednesday EU CPI & Fed Chair Powell Speech, Thursday US Core PCE Price Index & Friday NFP. Many others news will be out and the volatility I expect EURUSD to travel at least is 148 pips.
The price may close above or below a level but if it closses back inside then it is considered a fake close and we should watch the developements because in this case EU may stay in this trading range for more - weekly chart.
At the hourly chart EU should stay above at least 50% fibo level so the bulls can fade any drop at or below or rise above 1.0449 for a test of 1.0481.
Have a great rest of the weekend!
I filtered out from the economic calendar these news for the next week: Wednesday EU CPI & Fed Chair Powell Speech, Thursday US Core PCE Price Index & Friday NFP. Many others news will be out and the volatility I expect EURUSD to travel at least is 148 pips.
The price may close above or below a level but if it closses back inside then it is considered a fake close and we should watch the developements because in this case EU may stay in this trading range for more - weekly chart.
At the hourly chart EU should stay above at least 50% fibo level so the bulls can fade any drop at or below or rise above 1.0449 for a test of 1.0481.
Have a great rest of the weekend!
Looking for profitable short term trades ...|
