EURUSD only

The volume seemed quite low for the bulls, im speculating a gap down myself.

and a breakout upwards did start indeed

hi brother

what is your new year gift plans for people in your ignore list . i am sure allah will be pleased

hi ,Your analysis was excellent, the shark pattern was created

my totaly unbiased overall Bias on this remains: bullish
Until macroeconomics turn the world upside down once more, the charts say "bullish" and this is how I read it.
(no I did not write "bullish market shift" @1.00, I put a fancy line there just in case Stevie Wonder wants to look at this)

In price we trust. Good luck and happy 2023

I admire your good will, but I don't think character changes so easily.. Therefore I will make sure that the thread stays as a peaceful place..

Best wishes

Quick Outlook for the 1st Week of 2023

1. This week, despite the fact that market was bullish (d'ohhhh everybody could see that) we tried to sell the spikes.. WHY? Because candles were close to my weekly resistance line and I expected a correction. When you have an "idea" you have to follow it. There is nothing wrong in going against the trend when we see potential strong resistance areas. On weekly, we had such big resistance area waiting around 1.0698/1.0707 and we tried to make use of it. I hope it clarifies!
2. Now, since I am almost always trading the M30 chart together with H1 and M15, I had to switch back and forth between buying and selling, but mostly targeting to sell at highest price possible (based on mentioned weekly idea) and when somebody repeatedly quotes my posts trying to remind me that trend is bullish, it pissed me off... Not because I was reminded, but because of the lack of common sense in that person not to know that there is no need to repeatedly remind me... People with no common sense don't belong to this thread. Period!
3. Now.. If you look at my projection for the upcoming week, you will see that 1.0721 area is big resistance. To me that means the same idea continues. I mainly will try to sell as close as I can to 1.0720 levels.. It is a countertrend plan, so an explosion to the upside is also in my radars. This is exactly "trading what you see"! I "see" that the new weekly candle will toss against my bold black trendline. I therefore will try to catch bearish signs on smaller timeframes like M30 and M15. Whenever I see those signs I will sell even while knowing that bulls could be lurking! That is the risk every countertrend trader has to deal with and that's why we have mental stops. I hope it clarifies!
4. Once/if short and once/if bears begin to drag price lower, next mission would be to watch 1.0660 support area (give this zone some 20 to 30 pips violation tolerance and you can tolerate bears until 1.0630.. again: common sense guys, common sense! Weekly levels can be elastic. Nothing can be precise here!). As long as that area is supportive, we can not have a significant bear trend! Therefore, I would close my short orders as soon as I see bullish signs near that zone. I hope it clarifies!
5. Long story short: for the next week (i.e. the first week of 2023) I want to watch 1.0721 area (again: give those bullish spikes some 20 to 30 pips breathing room to the upside: 1.0750 max.) and open sell orders as high as I can depending on bearish signs!

Enjoy your last day of 2022...

Peace.. Out...

Hey Ata
I like your stance on this. There is nothing to say against a solid countertrend trading strategy. It's free of opinion and free of bias, just trading the obvious.
I too scalped some nice shorts intraday on the M15/M5 charts where I take my entries, running internal Liquidity because the Levels where so obvious and totaly in line with the regular time of day moves. (I scalptrade the Frankfurt Open stoprun on either this or the GBP almost every morning).
In fact I trade my markets both ways intraday. People often don't understand you have red days in green moves, and the other way around. That's a good thing, we make a living off what people don't understand. Keep pounding man, there is no right or wrong.
Thanks for your view on the market, I read it with interest and a happy new year to you

The end of path for Euro should be in this zone..

Plan: Short now from 1.07 and Short from 1.08 and 1.09 if it even happens.

Happy New Year

Happy Newyear 2023 Ata & every body,
May you all are HAPPY, HEALTHY & Get green pips ...
in this happy & lucky year 2023. Smile ....

look like 1st month in 2022

happy new year 2023 to all , wish it bring you all happiness and prosperity !
anyway as now to look into the 2023 year basis , having last year long leg doji , so bullish and and again burst down NR7 and so most probably a yearly doji having pressure still down if all condition as per last year continue and be most tough year to play arrounds .
now as bull at its best overcoming any correction year end , may try further up for 0735 break , if ok then next target 0786 and pullback 0850+ , if not 1120 limit test before back below 0222 so 625 pips apparently minimum range yearly . This month can be most top ranging type . Take care

So, I forgot that i posted this here in this thread. Here is what it is now. A nice drop to achieve 600 pips. YAYYYY!!!

Lagarde told Croatian newspaper during the visit to the new Euro country that "“At the moment, ECB policy rates must be higher to curb inflation and bring it down to our target of 2%,"

Do you think this will give a high impact on the upcoming market opening?

I'm still in buy position

I enterred in a correction Sell position

Happy new years all.

one thing togo this year; "do not blame the system, learn how to beat the system you will know how to trade."