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EURUSD only

  • #168,941
  • Mar 9, 2023 7:31pm Mar 9, 2023 7:31pm
To me this short is coming to fail any one who has taken it after one hour at least because its just pulling back for the weak candle 5957 by d left that was what 5875 also did lets watch
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and see
  • #168,942
  • Mar 9, 2023 8:07pm Mar 9, 2023 8:07pm
Quoting johncen
all eyes on non farm! pa has been consolidating since the drop. Under 0600 might be good r/r to short but we may need the news to push it down below daily 200ema other than the last short from 0688 i have been sidelined since yesterday
We have seen 0600 as expected, good r/r to go short with sl above 0635.

however it all depends on the news tonight
Patience, Emotion Control and Discipline.
  • #168,943
  • Mar 9, 2023 8:12pm Mar 9, 2023 8:12pm
have taken a long and im going to exit at 6154 because there will be a pull back there on 30m v
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also then if this fail I learn from it
  • #168,944
  • Edited 8:57pm Mar 9, 2023 8:34pm | Edited 8:57pm
Quoting johncen
all eyes on non farm! pa has been consolidating since the drop. Under 0600 might be good r/r to short but we may need the news to push it down below daily 200ema other than the last short from 0688 i have been sidelined since yesterday
Well the banks are on fire, and news on liquidity issues can spark a catastrophic event. My guess is that we're on the brink of an official recession finally.
  • #168,945
  • Mar 9, 2023 8:57pm Mar 9, 2023 8:57pm
200/100EMA (daily chart) support held out, forming a double bottom.

EUR just needs to break out of the downtrend, the breakout point of which coincidentally rests around the 20/50EMA, to confirm a new trek upward.

Yesterday's volume however casts a doubt on that. More data needed for confirmation.

Quoting Lbrto
Still holding out around the 100/200EMA on the daily chart, 20EMA on the weekly chart, and 10EMA on monthly chart. A breakdown from these will see the pair testing the 38.2 fibo of the October uptrend (mid-1.04). {image} {image} {image}
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"No trade is still a trade." - Peter Borish
  • #168,946
  • Mar 9, 2023 8:58pm Mar 9, 2023 8:58pm
Realized a nearly 50-pip gain in this bet.

Quoting Lbrto
EUR trying to make a comback... Betting at a bounce up to 1.0604...
"No trade is still a trade." - Peter Borish
  • #168,947
  • Mar 9, 2023 8:58pm Mar 9, 2023 8:58pm
I will be watching this area.
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Newbie here
  • #168,948
  • Edited Mar 10, 2023 1:02am Mar 9, 2023 10:20pm | Edited Mar 10, 2023 1:02am
Watching for probable pa, resistance ahead. 0600 absd0615 may try easily, 0637 may tough! Lets see
H1 close below 0589 as good sign, next if below 0580may top failure, so waiting
Confirmation bo at 0573, breaks and hold!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #168,949
  • Mar 9, 2023 10:54pm Mar 9, 2023 10:54pm
This is one of the easiest traps to predict. Also we have a nice excuse today (NFP) to make a quick move to RUN all those SL's very fast.
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  • #168,950
  • Mar 9, 2023 10:55pm Mar 9, 2023 10:55pm
As of now, I'll be waiting for a SHORT signal today before the event.
Best of luck to everyone and be careful!
  • #168,951
  • Mar 9, 2023 11:27pm Mar 9, 2023 11:27pm
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  • #168,952
  • Mar 9, 2023 11:52pm Mar 9, 2023 11:52pm
Quoting andvk74
As of now, I'll be waiting for a SHORT signal today before the event. Best of luck to everyone and be careful!
Same to you mate green pips
Patience, Emotion Control and Discipline.
  • #168,953
  • Mar 10, 2023 2:19am Mar 10, 2023 2:19am
0580broken, confirmation at 0572 (now 0578 enough as confirmation while target 0552/38.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #168,954
  • Mar 10, 2023 2:21am Mar 10, 2023 2:21am
Closing short scalp here as expected.
There are MANY EASY scalp setups like this everyday. It's EASY MONEY!!!
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  • #168,955
  • Mar 10, 2023 2:25am Mar 10, 2023 2:25am
I'm thinking we bounce off that IFVG. It's all speculations.
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Time is everything; Everything.
  • #168,956
  • Mar 10, 2023 2:40am Mar 10, 2023 2:40am
Quoting andvk74
Closing short scalp here as expected. There are MANY EASY scalp setups like this everyday. It's EASY MONEY!!! {image}
What do you use as confirmation for your entries?
  • #168,957
  • Mar 10, 2023 3:04am Mar 10, 2023 3:04am
Quoting pedro319
After careful cross market inspection I believe sentiment is getting even more bearish, best chance to short/ add shorts is at 1.0590, target 1.0430. If we go straight to 1.0430, then it's a buy for me. As usual it's good to take some profit every 25, 50 pips and leave the rest until completion. {image}
Resistance at 1.0624, if we pass here I won't be selling until next week.
We watch the charts from every angle so you don't have to!!
  • #168,958
  • Mar 10, 2023 3:34am Mar 10, 2023 3:34am
Quoting Jarqo
{quote} What do you use as confirmation for your entries?
Mostly just an EXPERIENCE!
After LOTS of hours in front of the screen, you start seeing things that REPEAT over and over again. And when you feel comfortable with that, you just start using it to enter.
IMO this is the only way you can consistently make it here.
One of the HINTS that market gives for me, is when it SLOWLY goes one way and creates as I call THE LADDER of STOPS behind it. Usually it happens before a major news event. You get the IDEA?
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  • #168,959
  • Mar 10, 2023 3:46am Mar 10, 2023 3:46am
Another one is these LONG (not regular) wicks (I use it ONLY on H1) that works for me.
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  • #168,960
  • Mar 10, 2023 3:56am Mar 10, 2023 3:56am
Quoting andvk74
Another one is these LONG (not regular) wicks (I use it ONLY on H1) that works for me. {image}
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"Exchange of hands"
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