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  • #163,761
  • Dec 27, 2022 2:09am Dec 27, 2022 2:09am
Hi All,

Just a quick pop-in. The euro did well to again push up to the 1.065ish zone, and it gave me my short entry @ 1.0650. The bulls had their chance, heading into 2023 I will be selling all the push-ups. I see euro pain for the first quarter of 2023.

Enjoy the holidays all.

Guy
  • #163,762
  • Dec 27, 2022 2:21am Dec 27, 2022 2:21am
There is a support 0.6389 that need to be broken for EURUSD to sell.
  • #163,763
  • Dec 27, 2022 2:28am Dec 27, 2022 2:28am
Quoting shikz
There is a support 0.6389 that need to be broken for EURUSD to sell.
Quite right - in my part of the world it is the daily-open-line
  • #163,764
  • Dec 27, 2022 2:50am Dec 27, 2022 2:50am
I am marking 1.0650 as my nearest support on M30... For now, as long as candles open above it, still bullish..
Focus only on what truly matters!
  • #163,765
  • Dec 27, 2022 3:18am Dec 27, 2022 3:18am
Attached Image (click to enlarge)
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  • #163,766
  • Dec 27, 2022 4:00am Dec 27, 2022 4:00am
Now, as you can see 1.0650 supported well.. The next question is: can bulls also break above 1.0666?

If yes, we go to 1.07... If no, we go back down to retest 1.0650 area..

Let's see...
Focus only on what truly matters!
  • #163,767
  • Dec 27, 2022 4:00am Dec 27, 2022 4:00am
Quoting Js3mwtRc
Good day and week all! EU may have not seen the high yet - 1.0686 or 1.0713 above a break of 1.0663 and the rising trendline. Todays volatility is 55 pips. Green pips! {image}
Now the bullish trade (see chart) should be locked because EU might drop once again from here. Also there is nothing to move it in this holiday mood market.
Looking for profitable short term trades ...|
  • #163,768
  • Dec 27, 2022 4:16am Dec 27, 2022 4:16am
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  • #163,769
  • Dec 27, 2022 4:17am Dec 27, 2022 4:17am
Quoting Js3mwtRc
{quote} Now the bullish trade (see chart) should be locked because EU might drop once again from here. Also there is nothing to move it in this holiday mood market.
Not much momentum still as we are remain in holiday. My broker has some missing data so I can’t really rely on my chart. If pricd remain within range then we can go back down to the bottom of the range still
Patience, Emotion Control and Discipline.
  • #163,770
  • Dec 27, 2022 4:17am Dec 27, 2022 4:17am
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  • #163,771
  • Dec 27, 2022 4:23am Dec 27, 2022 4:23am
Quoting johncen
{quote} Not much momentum still as we are remain in holiday. My broker has some missing data so I can’t really rely on my chart. If pricd remain within range then we can go back down to the bottom of the range still
Yes, anything might happen.
Looking for profitable short term trades ...|
  • #163,772
  • Dec 27, 2022 4:26am Dec 27, 2022 4:26am
Bulls hitting 1.0666 as expected... Let's see if they succeed or not...

I am marking 1.0658 as my nearest support on M30...
Focus only on what truly matters!
  • #163,773
  • Dec 27, 2022 4:51am Dec 27, 2022 4:51am
Meanwhile, on H4...

I wanted to show to early sellers (and to our skeptical members), how dangerous it actually is to hold a bearish bias, especially while above 1.0652...

Now you know why I am still bullish

*If 1.0666 breaks, next I have 1.0683 area on H4..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 22 KB
Focus only on what truly matters!
  • #163,774
  • Dec 27, 2022 5:04am Dec 27, 2022 5:04am
Quoting Ata-Turkoglu
Meanwhile, on H4... I wanted to show to early sellers (and to our skeptical members), how dangerous it actually is to hold a bearish bias, especially while above 1.0652... Now you know why I am still bullish *If 1.0666 breaks, next I have 1.0683 area on H4.. {image}
EU is trying to escape up lets see if it can make 1.0655/63 a pivot for further attacks towards 1.0700/35 the next days
Looking for profitable short term trades ...|
  • #163,775
  • Dec 27, 2022 5:17am Dec 27, 2022 5:17am
Quoting Js3mwtRc
{quote} EU is trying to escape up lets see if it can make 1.0655/63 a pivot for further attacks towards 1.0700/35 the next days
Patience is always key... For now, I am noticing bull struggle at 1.0666... EU market is slowly thinning towards the non-existent US session...

I closed all longs and waiting on sidelines now! Depending on flow, I might join the holiday crowd..
Focus only on what truly matters!
  • #163,776
  • Dec 27, 2022 5:26am Dec 27, 2022 5:26am
Quoting Ata-Turkoglu
{quote} Patience is always key... For now, I am noticing bull struggle at 1.0666... EU market is slowly thinning towards the non-existent US session... I closed all longs and waiting on sidelines now! Depending on flow, I might join the holiday crowd..
It moves by a magic hand. Can't trust that price action!
Looking for profitable short term trades ...|
  • #163,777
  • Dec 27, 2022 5:44am Dec 27, 2022 5:44am
Quoting Ata-Turkoglu
{quote} Patience is always key... For now, I am noticing bull struggle at 1.0666... EU market is slowly thinning towards the non-existent US session... I closed all longs and waiting on sidelines now! Depending on flow, I might join the holiday crowd..
Indeed
Looking for profitable short term trades ...|
  • #163,778
  • Dec 27, 2022 5:45am Dec 27, 2022 5:45am
Now I am looking for new long order.. 1.0657 is where I stepped down to M1...
Focus only on what truly matters!
  • #163,779
  • Dec 27, 2022 6:01am Dec 27, 2022 6:01am
'23 with consistency for yeah. morning
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  • #163,780
  • Dec 27, 2022 6:02am Dec 27, 2022 6:02am
Quoting Ata-Turkoglu
Now I am looking for new long order.. 1.0657 is where I stepped down to M1...
Cancelled buying based on M15 switching to bearish...
Focus only on what truly matters!
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