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EURUSD only

  • #164,561
  • Jan 4, 2023 9:34am Jan 4, 2023 9:34am
We have to be a bit more patient!
More selling potential on M30 chart.
Attached Image (click to enlarge)
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  • #164,562
  • Jan 4, 2023 9:36am Jan 4, 2023 9:36am
I am going 1 lot long with a 10 pip stop at the 1.05896 level.
Swing Trader
  • #164,563
  • Jan 4, 2023 9:40am Jan 4, 2023 9:40am
Meanwhile, on M30...

Bears constantly face supportive structure... Getting the ball rolling is difficult for them...

I am marking 1.0619 as nearest resistance here.. Don't rush.. Try to sell as high as you can to use it as leverage when extra spikes appear!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 19 KB
Focus only on what truly matters!
  • #164,564
  • Jan 4, 2023 9:46am Jan 4, 2023 9:46am
Quoting mustafayucel
I am going 1 lot long with a 10 pip stop at the 1.05896 level.
Breakeven. Zero risk
Swing Trader
  • #164,565
  • Jan 4, 2023 9:52am Jan 4, 2023 9:52am
Quoting mustafayucel
I am going 1 lot long with a 10 pip stop at the 1.05896 level.
Be quicker than usual whenever taking profits from buying... bears won't show mercy if you get trapped

Best wishes
Focus only on what truly matters!
  • #164,566
  • Jan 4, 2023 9:55am Jan 4, 2023 9:55am
Quoting mustafayucel
{quote} Breakeven. Zero risk
+19pip Closed!
Swing Trader
  • #164,567
  • Jan 4, 2023 9:58am Jan 4, 2023 9:58am
Price is gradually nearing 1.0613... I am stepping down to M1 to look for sell opportunities..
Focus only on what truly matters!
  • #164,568
  • Jan 4, 2023 10:00am Jan 4, 2023 10:00am
Lots of sellers but can't break down yet
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  • #164,569
  • Jan 4, 2023 10:03am Jan 4, 2023 10:03am
Quoting Ultras
Lots of sellers but can't break down yet {image}
Yes Big Absorbing Activity from Bulls.....
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 23 KB
  • #164,570
  • Jan 4, 2023 10:03am Jan 4, 2023 10:03am
Quoting Ultras
Lots of sellers but can't break down yet {image}
Yes, that's why sellers need leverage... I am suspicious about 1.0598 and worry that it can turn back into support.. Therefore I try to sell as high as I can, just in case if I need to escape if bulls attack me! Let's see...
Focus only on what truly matters!
  • #164,571
  • Jan 4, 2023 10:11am Jan 4, 2023 10:11am
Quoting Ata-Turkoglu
{quote} Yes, that's why sellers need leverage... I am suspicious about 1.0598 and worry that it can turn back into support.. Therefore I try to sell as high as I can, just in case if I need to escape if bulls attack me! Let's see...
Channel you posted yesterday more visible now to all
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  • #164,572
  • Jan 4, 2023 10:27am Jan 4, 2023 10:27am
Markets tend to reflect the current situation on the ground. In France, everyone is complaining about the increased prices of basic commodities.
This says a lot about the Euro, and looking at the Monthly eurusd chart. You may notice that we are at a pivotal level and governments are not silent about this.
  • #164,573
  • Jan 4, 2023 10:36am Jan 4, 2023 10:36am
Quoting monte123
Markets tend to reflect the current situation on the ground. In France, everyone is complaining about the increased prices of basic commodities. This says a lot about the Euro, and looking at the Monthly eurusd chart. You may notice that we are at a pivotal level and governments are not silent about this.
Street talk can differ from the economic talks based on numbers.. In France, with latest numbers, they interpreted it as hope for fighting inflation.. Good for Euro! In other words, mainstream media doesn't give much sh*t about how "everyone", as you put it, feels Yeah, sad but true!

That said, here, most of us don't care for numbers anyway.. What the chart tells is our priority!

Best wishes
Focus only on what truly matters!
  • #164,574
  • Jan 4, 2023 10:40am Jan 4, 2023 10:40am
Back to trading.. I stepped down to M1 again to look for new sell opportunity.. Remember: sell only as high as you can! Bulls are lurking!
Focus only on what truly matters!
  • #164,575
  • Jan 4, 2023 10:45am Jan 4, 2023 10:45am
EU is quicker now, but I don't see it ready to shoot up above 0625/35 yet and even if it does the most probable is that its going to return back in the same numbers again before a bigger hand buys or sells it!

Also, as long as it stays below the highs it has a sgnificant danger to return back at 1.0550
Looking for profitable short term trades ...|
  • #164,576
  • Jan 4, 2023 10:48am Jan 4, 2023 10:48am
Went short at 1.0618 but not confident at all.. too high to think bearish... So, this is a scalper..

Stop: 16 pips... Tp: open
Focus only on what truly matters!
  • #164,577
  • Jan 4, 2023 11:04am Jan 4, 2023 11:04am
Quoting Ata-Turkoglu
Went short at 1.0618 but not confident at all.. too high to think bearish... So, this is a scalper.. Stop: 16 pips... Tp: open
I canceled with +2 pips... Disgusting bull run makes a lot of sense to me that robber banks want higher levels... Probably they can't get over with the idea to revisit 1.0666.. So I stay on sidelines! It can drop or rise as much as it wants now.. I won't be around until FOMC minutes.. Cheers
Focus only on what truly matters!
  • #164,578
  • Jan 4, 2023 11:09am Jan 4, 2023 11:09am
I'm from here: 1.0616 Short.
TP1: 1.055
TP2: 1.050
SL: None
  • #164,579
  • Jan 4, 2023 11:48am Jan 4, 2023 11:48am
Short 1.0618 TP 1.055 set. SL-Will look around 1.065 to close manualny
  • #164,580
  • Jan 4, 2023 12:10pm Jan 4, 2023 12:10pm
first time posting so sry if it doesn't adhere to rules. 22yo trader here 2yrs into the game, how's everyones trading day been? had a mixed bag myself 2 W 1 L 1 B/E. are most of you guys scalpers or swing traders? feel free to check some of my entries if anyones interest the timings on MT4 are 2 hours forward on ss no clue why...
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