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This gonna be boom someone just ask if ecb will slow down rate hike.
Fundamental provide Volume, Technical shows Direction
Quoting Ata-Turkoglu
{quote} Focus on selling the spikes... Hour of news will probably push this down a little (1.0595 max) and then up (1.0635 to 1.0650).. I will skip buying dips and focus only to sell the spikes once Lagarde starts blabbering, we will see whatever heights she will achieve.. but since not many trust her any rise will be temporary.. so be ready to catch a good sell entry in 2 hours.. My two cents.. Best wishes
Well, as you predicted - the whip came. But the other way around. First down and after up.
Si, I think we are going now for new heights. At least 0650 to make the 100 pips of the day.
Quoting zippo22
{quote} Well, as you predicted - the whip came. But the other way around. First down and after up. Si, I think we are going now for new heights. At least 0650 to make the 100 pips of the day.
unlikely to be bullish due to banking crisis panic
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting LucasT
This gonna be boom someone just ask if ecb will slow down rate hike.
if the ECB slows down rate hikes or cuts, then the market will interpret that as weakness since something in the financial system broke and EUR will dump

if the ECB continues to hike, the market will panic as more banks may fail due to higher interest rates

sell EUR rallies
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Idk why everytime lagarde speak euro will drop bt this time consider light drop.
Fundamental provide Volume, Technical shows Direction
Obviously ECB was traded yesterday. Nothing happening today. Excellent.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
1.07 is the line in the sand a close above is crucial
Long some here at 1.0600. X1.5 of my short. Let's play this game. TP is 1.0660. Obvious railroad track pattern forming. It simply means 1.0550 will remain as the low for the day.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
Obviously ECB was traded yesterday. Nothing happening today. Excellent.
That purely credit suisse. See if we get some retracement today.
Fundamental provide Volume, Technical shows Direction
Quoting SnaveForex
1.07 is the line in the sand a close above is crucial
For today the diabolic number 1.0666 is critical. As I already pointed out -> 61.8 Fib level of yesterday's movement.
Quoting LucasT
{quote} That purely credit suisse. See if we get some retracement today.
I really doubt it. They just want to make headlines. Imagine ECB hasn't done anything. Well I expect a rise for now.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting zippo22
{quote} For today the diabolic number 1.0666 is critical. As I already pointed out -> 61.8 Fib level of yesterday's movement.
Yes, I think that's the plan to go touch that 61.8% at 1.0666 at a least.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
{quote} Yes, I think that's the plan to go touch that 61.8% at 1.0666 at a least.
Possibly. For that they have to drive it for the moment to 0621. Then there might be some struggle... but when 21 beaks all the shorts have to cover and that could drive the price to that diabolic level.
Quoting pedro319
1.06325 is new short term resistance, passing here will confirm bullish intentions to climb much higher.
A H4 close above is needed and will be significant for further move up.
Fibonacci will make you rich
the us saved the money from the clients, the swiss said they would help CS, Lagarde kept the expected raise and promised more and help to any bank. Everyone is in panic containment mode, so i think until the next bad news this will continue business as usual, we are still not at panic mode, i don't expect major changes.

This is not last long, it's a bet between who gets the major issues first, Europe or the US.
still the same . waiting any improvement in the movements . checking pa! there were lots of high impact news today but unable to move any , my short remain as such , no tp or sl !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
I am marking 1.0598 as nearest support on M30...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 30.8%
News do not change the basic movement buyer and seller happy at the moment. If you trade in small timeframe you better trade the way with the overall behavior.
Euro is up now and it will be for more time.
It give me a laugh if I read news or watch the German (Börse vor acht), seems they search for events that suit the stuff on the chart,. The big player do not allow that news destruct the income. News are news, nothing speculate if trade with flow.
Market is more simple as you think.
Quoting MichaelSch
News do not change the basic movement buyer and seller happy at the moment. If you trade in small timeframe you better trade the way with the overall behavior. Euro is up now and it will be for more time. It give me a laugh if I read news or watch the German (Börse vor acht), seems they search for events that suit the stuff on the chart,. The big player do not allow that news destruct the income. News are news, nothing speculate if trade with flow.
hi michael,

i believe we will see more uptrend today.
what are your thoughts on hat?

Thanks
Quoting huffy13
{quote} hi michael, i believe we will see more uptrend today. what are your thoughts on hat? Thanks
See this view ...
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.. i can not notice a groundbreaking change here. See the spikes are all in tune with the great picture and believe that counts for those who drive the market.
Market is more simple as you think.
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