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EURUSD only

  • #171,361
  • May 2, 2023 3:21am May 2, 2023 3:21am
Good morning, hope you are great. The resistance level is holding up today, and I think the bears might keep on pushing. But, we should note that there will be a news release in 6hrs, so anything can happen until then;
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  • #171,362
  • May 2, 2023 3:29am May 2, 2023 3:29am
Quoting arthurbolbos
{quote} 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
One could expect it but it was fast
Looking for profitable short term trades ...|
  • #171,363
  • May 2, 2023 3:39am May 2, 2023 3:39am
Whipsaw

Fast Down, Fast Up

Fasten Your Seatbelt
Holy Betting Grail strategy
  • #171,364
  • May 2, 2023 3:46am May 2, 2023 3:46am
checking my yearly chart through weekly , as per my yearly doji hypothesis , price might have reached to top , more supports still present , may do unlimited bull still. but a weekly breakout possible in shortcut manner . will not follow now but be carefull all cases ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #171,365
  • May 2, 2023 3:55am May 2, 2023 3:55am
Quoting pedro319
{quote} Market could test lower again but above 50 still a buy.
Panic over, probably another "shake of the tree". We can now focus on 1.1014 and 43.
Only a H4 close below 1.0960 will put me off longs .
Then I would look at 1.0920.
We watch the charts from every angle so you don't have to!!
  • #171,366
  • May 2, 2023 4:08am May 2, 2023 4:08am
Quoting pedro319
{quote} Panic over, probably another "shake of the tree". We can now focus on 1.1014 and 43. Only a H4 close below 1.0960 will put me off longs . Then I would look at 1.0920.
Yes I see the same - up if that new low hold, next 14:00 GMT for more action
Looking for profitable short term trades ...|
  • #171,367
  • May 2, 2023 4:26am May 2, 2023 4:26am
Quoting Js3mwtRc
{quote} Yes I see the same - up if that new low hold, next 14:00 GMT for more action
seems like bear in control still 0955 my last gate, if we go under then might make sense to switch to sell
Patience, Emotion Control and Discipline.
  • #171,368
  • May 2, 2023 4:35am May 2, 2023 4:35am
My last buy order will be from 1.0948, after that will scale down and focus on 1.0920.
We watch the charts from every angle so you don't have to!!
  • #171,369
  • May 2, 2023 4:39am May 2, 2023 4:39am
With FEDS tomorrow, I think this market will spike up and give us the direction we need, bulls all the way !!!
  • #171,370
  • May 2, 2023 4:54am May 2, 2023 4:54am
Well done to the bears today, they have reached the support level, and they might even pass it too;
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  • #171,371
  • Edited 5:53am May 2, 2023 5:03am | Edited 5:53am
This hourly close could bring 1.0936 and 1.0916.
That is where I will be buying again.
Actively scaling down positions and taking the losses below 50.
Let's see if 62 is new short term resistance.
We watch the charts from every angle so you don't have to!!
  • #171,372
  • May 2, 2023 5:06am May 2, 2023 5:06am
EUR/USD is now at the major 1.10 resistance area. The price has broken the uptrend: we may see the beginning of a downtrend soon
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  • #171,373
  • May 2, 2023 5:14am May 2, 2023 5:14am
Cheers fellow traders!! Hope you are doing as well as you are amazing !

Quickly popping by to share my good energy & amazing news:

After 7 weeks, Mr.Price has finally come to his senses , last week's low is finally attacked!!! Well done long-term bears !!!!!

Let's expect the unexpected and have fun trading it !

Quoting Js3mwtRc
{quote} Waiting for the hourly close, doesn't look good for the bulls
So nice to see you back mate !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #171,374
  • May 2, 2023 6:13am May 2, 2023 6:13am
Quoting pedro319
My last buy order will be from 1.0948, after that will scale down and focus on 1.0920.
Moving stops on most recent orders.
We watch the charts from every angle so you don't have to!!
  • #171,375
  • May 2, 2023 6:13am May 2, 2023 6:13am
Sell limit 0972 Sell stop 09685!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #171,376
  • May 2, 2023 6:19am May 2, 2023 6:19am
Sell stop 09707 SL4! TP infinity
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #171,377
  • May 2, 2023 6:21am May 2, 2023 6:21am
Quoting mtako
Sell stop 09707 SL4! TP infinity
Infinity will take out all my orders!!
We watch the charts from every angle so you don't have to!!
  • #171,378
  • May 2, 2023 6:42am May 2, 2023 6:42am
Quoting mtako
Sell stop 09707 SL4! TP infinity
Quoting pedro319
{quote} Infinity will take out all my orders!!
Oh, I hope not! Sometimes we have to deal with those lovely losses, without which we would not have our wins; but indeed, infinity is so daunting, no matter the context

You have far reaching longs in your system. Price is still trending up nicely on a larger perspective. Plenty of weight on your side of the balance still. From here, for me, after a straight drop from the even more violent rejection of >1.1, last Wednesday, <.08 is where it starts to get dangerous for longer-term upmove.

Mates! The Month of May should be just as interesting as April !

Sell stop 09689 SL3! Go lad go !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #171,379
  • May 2, 2023 6:45am May 2, 2023 6:45am
  • #171,380
  • May 2, 2023 6:46am May 2, 2023 6:46am
Hi @ all,

waiting for pa to arrive at turquoise rectangle. Possible long area...

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Chriss
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