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EURUSD only

  • #164,582
  • Jan 4, 2023 12:19pm Jan 4, 2023 12:19pm
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  • #164,583
  • Jan 4, 2023 12:34pm Jan 4, 2023 12:34pm
Dear new members... Please read and understand our rules on page 1 before posting..

If you did.. welcome and enjoy the family..

Thanks in advance for your cooperation
Focus only on what truly matters!
  • #164,584
  • Jan 4, 2023 12:46pm Jan 4, 2023 12:46pm
Nice... M30 candles are back in bearish territory... Now I can continue selling spikes and pullbacks with more confidence..

On M30, 1.0613/19 is nearest resistance..
Focus only on what truly matters!
  • #164,585
  • Jan 4, 2023 12:55pm Jan 4, 2023 12:55pm
Let's see what crazy banks do...
Swing Trader
  • #164,586
  • Jan 4, 2023 1:04pm Jan 4, 2023 1:04pm
closed all my positions
1.0588

Quoting GoProKaya
I'm from here: 1.0616 Short. TP1: 1.055 TP2: 1.050 SL: None
  • #164,587
  • Jan 4, 2023 1:09pm Jan 4, 2023 1:09pm
I watch the 1.06206 level for sales according to 5M and 1M.
Swing Trader
  • #164,588
  • Jan 4, 2023 1:19pm Jan 4, 2023 1:19pm
Quoting mustafayucel
Let's see what crazy banks do...
well that was anticlimactic
always shorting eu All Time Profit: $1,476
  • #164,589
  • Jan 4, 2023 1:59pm Jan 4, 2023 1:59pm
How do you see the euro trend in these two or three hours? Do you want to buy or sell?
  • #164,590
  • Jan 4, 2023 2:11pm Jan 4, 2023 2:11pm
I see current setup as bear trap, there were 5 attempts on hour chart to close below 1.0595 and all failed which is a strong indicator that pa wants to head higher!

probably im the only one who thinks price will revisit 1.073ish before a final drop! Lets see, im long for the time being until i see hour close below 1.0595, otherwise 1.073ish here we come!
  • #164,591
  • Jan 4, 2023 2:24pm Jan 4, 2023 2:24pm
Quoting sboy.s63
How do you see the euro trend in these two or three hours? Do you want to buy or sell?
Normally it looks more bearish than bullish BUT 1.0598 seems to be supportive inside these hours and it is best to stay on sidelines until that mystery is cleared and we know for sure that bears can beat this level... No selling for me while M30 candles open above 1.0598....

My two cents
Focus only on what truly matters!
  • #164,592
  • Jan 4, 2023 3:06pm Jan 4, 2023 3:06pm
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Hey remember when all the talk was about us and parrotity?
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I get stressed out thinking about that now!
...because you never know - until you do!
  • #164,593
  • Jan 4, 2023 8:11pm Jan 4, 2023 8:11pm
  • #164,594
  • Jan 4, 2023 11:32pm Jan 4, 2023 11:32pm
Dragon
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  • #164,595
  • Jan 4, 2023 11:47pm Jan 4, 2023 11:47pm
Quoting Ata-Turkoglu
{quote} 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
thanks
  • #164,596
  • Jan 4, 2023 11:49pm Jan 4, 2023 11:49pm
last leg up not played yet , so to accommodate as per pa possible as in all function ext4 fakeouts to try 5 ups in still top ranging !! so watching for breakout at 0599 to for limit 0578 signal for down to continue but looks not 0578 before last try up for 0650 again . so break 0578 or no be the next determinants of action , anyway likely sideways continue in good faith ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #164,597
  • Jan 5, 2023 12:41am Jan 5, 2023 12:41am
Quoting fxmasterdxb
I see current setup as bear trap, there were 5 attempts on hour chart to close below 1.0595 and all failed which is a strong indicator that pa wants to head higher! probably im the only one who thinks price will revisit 1.073ish before a final drop! Lets see, im long for the time being until i see hour close below 1.0595, otherwise 1.073ish here we come!
i dont like the rejection in 1.0630, closed my long +10, on the sideline for EU, ready to jump short once we get 1 hour candle close below 1.0595
  • #164,598
  • Jan 5, 2023 1:29am Jan 5, 2023 1:29am
My daily bias is bearish. I will see pullbacks as selling opportunities.
Swing Trader
  • #164,599
  • Jan 5, 2023 1:32am Jan 5, 2023 1:32am
Quoting Js3mwtRc
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
Not much changed from yesterday the image remains the same with EU threatening the upside, the volatility is much bigger so it needs to be carefull with longs - 94 pips and in the news the US ADP employment survey is the key release.

I'll come back with a chart!
Looking for profitable short term trades ...|
  • #164,600
  • Edited 2:33am Jan 5, 2023 1:33am | Edited 2:33am
Good morning guys. Woke up to see the development in course of the Asian session, and... my initial impression was that it could be a nice & easy (bullish) ascending triangle forming on M30. Of course, it is kind of imperfect just like everything around us... but then I also thought it could be a (bearish) rising wedge.
Will try to work with the initial impression unless PA persuades me to change my settings. Have a great trading day!
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