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EURUSD only

  • #168,761
  • Mar 7, 2023 2:12am Mar 7, 2023 2:12am
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  • #168,762
  • Mar 7, 2023 2:16am Mar 7, 2023 2:16am
Quoting andvk74
{image}
Where is your magnet today my friend?
Patience, Emotion Control and Discipline.
  • #168,763
  • Mar 7, 2023 2:24am Mar 7, 2023 2:24am
Once again move to 1.0730-45 seems possible, that is where I want to sell, providing up move is the same, slow and choppy.
Let's see if 1.0665 gives support.
We watch the charts from every angle so you don't have to!!
  • #168,764
  • Mar 7, 2023 2:26am Mar 7, 2023 2:26am
Quoting Js3mwtRc
Still haven't managed to break 1.0704 and move higher - a sign that more bullishness will come for later after Fed Chair Powell Testifies and better after the close of the daily candle, so I am a bear until it breaks for good and with caution Support is at 10632/22 in this range for me.
and here is the 1 hour chart

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Looking for profitable short term trades ...|
  • #168,765
  • Mar 7, 2023 2:29am Mar 7, 2023 2:29am
Quoting zippo22
{quote} maybe already during late London time. Today there is a change in the Game Plan I noticed. The last 2 sessions Asia and Frankfurt made a new high followed by consolidation during early London and closed the day with a boost during US session. Today, Asia made NO new high and Frankfurt didn't push through either. So I feel London will initially correct a bit and later (after 11/12am London time) might go for new heights. Well, let's see.
Yes, more chances we see a new high today than a new low for the month so I am cautious with selling until it shows what it wants Thanks!
Looking for profitable short term trades ...|
  • #168,766
  • Mar 7, 2023 2:32am Mar 7, 2023 2:32am
Quoting johncen
{quote} Am with you on this good r/r to short unless pa climbs above 0700
Lest see what the next hour brings
Looking for profitable short term trades ...|
  • #168,767
  • Mar 7, 2023 2:32am Mar 7, 2023 2:32am
Quoting johncen
{quote} Where is your magnet today my friend?
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I'll close my short as soon as market touches the ORANGE zone
  • #168,768
  • Mar 7, 2023 2:40am Mar 7, 2023 2:40am
good morning,

do you all think eur/usd will drop today?

Thanks.
  • #168,770
  • Mar 7, 2023 2:55am Mar 7, 2023 2:55am
Quoting huffy13
good morning, do you all think eur/usd will drop today? Thanks.
You think that it's going to move the market???
  • #168,771
  • Mar 7, 2023 3:03am Mar 7, 2023 3:03am
Quoting Jarqo
What would make sense to me is for PA to take tops and move lower to mitigate yesterday's imbalances. Not selling or buying without confirmations. {image}
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  • #168,772
  • Edited 3:55am Mar 7, 2023 3:11am | Edited 3:55am
Quoting andvk74
{quote} {image} I'll close my short as soon as market touches the ORANGE zone
Hey, can u please elaborate why will you close when it touches the ORANGE zone? Not expecting price to close the imbalance or you just want out early?

Thanks in advance.
  • #168,773
  • Mar 7, 2023 3:19am Mar 7, 2023 3:19am
0660 decision point for now. If bull cannot defend this level then we should see 0620-35

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Patience, Emotion Control and Discipline.
  • #168,774
  • Mar 7, 2023 3:19am Mar 7, 2023 3:19am
Quoting huffy13
good morning, do you all think eur/usd will drop today? Thanks.
I only see 1hr looking for a strong support before bulls will take over
  • #168,775
  • Mar 7, 2023 3:56am Mar 7, 2023 3:56am
Meanwhile, on H4

  1. I have 1.0656, then 1.0642 and finally 1.0620 as supportive clusters...
  2. Overall, no bearish breakout yet.. The steep channel is still intact.. But bears are trying..

Best wishes

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Focus only on what truly matters!
  • #168,776
  • Mar 7, 2023 4:15am Mar 7, 2023 4:15am
I just happen to be up early today, fell asleep on the couch and just woke up. While the temptation is there to jump into a trade, I’m going to refrain until the NY session. Until after 10:00 when Powell is done yapping. In the meantime going back to bed.
  • #168,777
  • Mar 7, 2023 4:41am Mar 7, 2023 4:41am
It will be a strong bull day after 1hr pics its strong support around here
  • #168,778
  • Mar 7, 2023 5:20am Mar 7, 2023 5:20am
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  • #168,779
  • Mar 7, 2023 5:26am Mar 7, 2023 5:26am
Might add another position depending on PA and if we retrace to ~1.06750.
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  • #168,780
  • Mar 7, 2023 5:51am Mar 7, 2023 5:51am
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