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EURUSD only

  • #171,341
  • May 1, 2023 4:00pm May 1, 2023 4:00pm
Quick Tuesday Outlook

  1. On Tuesday, I would like to see how well 1.0962 area supports...
  2. If this level acts strong, we might go back to 1.1020 for a bullish attempt to break above the ellipse...
  3. If support acts weak, bears could continue lower towards 1.0909 area and if pa shows good momentum, we maybe could even see 1.08xx levels before day ends..
  4. BUT once again, first: I want to see how strong 1.0962 area supports!

My two cents

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Focus only on what truly matters!
  • #171,342
  • May 1, 2023 4:06pm May 1, 2023 4:06pm
Good evening, hope you're great, For tomorrow, I have 1.0994 as resistance, and 1.0954 as support;
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  • #171,343
  • May 1, 2023 5:01pm May 1, 2023 5:01pm
Quoting Ata-Turkoglu
Quick Tuesday Outlook On Tuesday, I would like to see how well 1.0962 area supports... If this level acts strong, we might go back to 1.1020 for a bullish attempt to break above the ellipse... If support acts weak, bears could continue lower towards 1.0909 area and if pa shows good momentum, we maybe could even see 1.08xx levels before day ends.. BUT once again, first: I want to see how strong 1.0962 area supports! My two cents {image}
totally with you on this
1h looks like h&s, if 0962 breaks then we should see 1.08xx but of course 1.0909 another area for potential turn
Patience, Emotion Control and Discipline.
  • #171,344
  • May 1, 2023 5:06pm May 1, 2023 5:06pm
Tomorrow, (Tuesday) is a fully news loaded day with 26 news events and 2 speaker events. Although some are more critical (Red/Orange) than others, but nonetheless it will be an interesting day!!! Good luck and trade safely.
Live long and prosper with green pips!
  • #171,345
  • May 1, 2023 10:59pm May 1, 2023 10:59pm
Quoting Ata-Turkoglu
Quick Tuesday Outlook On Tuesday, I would like to see how well 1.0962 area supports... If this level acts strong, we might go back to 1.1020 for a bullish attempt to break above the ellipse... If support acts weak, bears could continue lower towards 1.0909 area and if pa shows good momentum, we maybe could even see 1.08xx levels before day ends.. BUT once again, first: I want to see how strong 1.0962 area supports! My two cents {image}
Perfect as checking pa now, another h4 limit 0988 broken as well, so likely continue towards 1011 to 1030. While competing perhaps next h4 close over 0992, so sideways with more or less extension on both sides very possible to kill each others sl.. Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #171,346
  • May 1, 2023 11:53pm May 1, 2023 11:53pm
Quoting Js3mwtRc
{quote} It's late for me but a close above 0976 on 15 min will signal a bottom as long as we don't get another low.
This trade should rise above today's high or else a drop below yesterday's low could bring EU at lower levels like 0945 & 0900. I also expect 80 pips range

1H
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Have a great trading day!
Looking for profitable short term trades ...|
  • #171,347
  • May 2, 2023 1:45am May 2, 2023 1:45am
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  • #171,348
  • May 2, 2023 1:46am May 2, 2023 1:46am
I've entered some " short term " longs for a scalping session for the EUR news, and try to close them before we encounter the USD news. Bears reverse nearly every bull candle but we still get some HL on the 5m chart.
Keep the trades going
Keep trading and learning or keep learning and trading!
  • #171,349
  • May 2, 2023 1:48am May 2, 2023 1:48am
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  • #171,350
  • May 2, 2023 1:54am May 2, 2023 1:54am
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  • #171,351
  • Edited 2:15am May 2, 2023 2:04am | Edited 2:15am
One gets the impression now they'll take it up until some have forgotten it is committed to going down or at least start doubting it.
So, the sooner you guys start putting out crazy targets like 1.12 1.2 the sooner we can drop.

Just kidding guys. Don't mind me.
Practitioner of the cryptic trading arts
  • #171,352
  • Edited 2:31am May 2, 2023 2:08am | Edited 2:31am
Quoting pedro319
EURUSD update Daily chart Uncompleted AB=CD at 1.1150 H4 chart 1.0960 held, this is main support. 1.10-1.0990 is the other. So I will be buying from these two spots as action down wasn’t very impressive. If you have shorts from 1.1090, 60 or 43 the reaction to the support will be important in determining what to do with the orders. If we get breakout of both supports most likely destination is 1.0860. Good luck with your trades. {image} {image}
Both supports worked to some extent. Bulls would like to challenge 1.1014, 1.1043 to start with, then a H4 close above 65 will bring more certainty about where we are going next.
Like I said on Friday, failure at any of these levels can result in 200 pips drop.
We watch the charts from every angle so you don't have to!!
  • #171,353
  • May 2, 2023 2:23am May 2, 2023 2:23am
euro is still like this because of aud I think
  • #171,354
  • May 2, 2023 2:29am May 2, 2023 2:29am
#EURUSD / H4
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  • #171,355
  • May 2, 2023 2:50am May 2, 2023 2:50am
Quoting Js3mwtRc
{quote} This trade should rise above today's high or else a drop below yesterday's low could bring EU at lower levels like 0945 & 0900. I also expect 80 pips range 1H {image} Have a great trading day!
Waiting for the hourly close, doesn't look good for the bulls
Looking for profitable short term trades ...|
  • #171,356
  • May 2, 2023 2:56am May 2, 2023 2:56am
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  • #171,357
  • May 2, 2023 3:01am May 2, 2023 3:01am
Quoting Js3mwtRc
{quote} Waiting for the hourly close, doesn't look good for the bulls
Market could test lower again but above 50 still a buy.
We watch the charts from every angle so you don't have to!!
  • #171,358
  • May 2, 2023 3:01am May 2, 2023 3:01am
Quoting Js3mwtRc
{quote} Waiting for the hourly close, doesn't look good for the bulls
ouch awful hour close for the bull!
Patience, Emotion Control and Discipline.
  • #171,359
  • May 2, 2023 3:10am May 2, 2023 3:10am
Quoting arthurbolbos
I've entered some " short term " longs for a scalping session for the EUR news, and try to close them before we encounter the USD news. Bears reverse nearly every bull candle but we still get some HL on the 5m chart. Keep the trades going
Some little scalps worked, but @ the closing H, got caught in this big down retracement. Actually I didn't expect it would go so low And it still goes at the moment )

If CPI today is not good for the EUR.. after that it's all a down roller coaster for the EUR for the next 2 days
Keep trading and learning or keep learning and trading!
  • #171,360
  • May 2, 2023 3:17am May 2, 2023 3:17am
perfect correction to 1006 ok , not all longs tp there though as not watching it happening . anyway checking pa now , should compete with H 4 close 0967. 0958 reacted perfectly now . lets see

m now limit for further down 0981 , breaks target goes above 0988 ! likely before a fresh leg try down for the last time here !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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