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EURUSD only

  • #172,561
  • May 23, 2023 5:30am May 23, 2023 5:30am
Short term trade.
Sell EURUSD now 1.07760, TP 1.07550.
Funded trader
  • #172,562
  • May 23, 2023 5:34am May 23, 2023 5:34am
0785 now is broken if EU doesn't recover quick above again then 0715 is not far away!
Looking for profitable short term trades ...|
  • #172,563
  • May 23, 2023 5:53am May 23, 2023 5:53am
Quoting fxcontest
Long 0780 - 0785 for 25 - 30 pips SL 0769 Swing Time
Stop Out some, price hovering at SL

More Long 0775 - 0779 for 20 - 25 pips, SL 0764
Holy Betting Grail strategy
  • #172,564
  • May 23, 2023 6:28am May 23, 2023 6:28am
It does have a habit of taking it where overextended normal people would be puking
Practitioner of the cryptic trading arts
  • #172,565
  • May 23, 2023 6:50am May 23, 2023 6:50am
bulls don't even want this price imo. to much uncertainty right now which = risk off. USD slander only goes so far.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
always shorting eu All Time Profit: $1,476
  • #172,566
  • May 23, 2023 8:29am May 23, 2023 8:29am
Meanwhile, on H1...

I am marking 1.0785/90 area as nearest resistance... Bears could fail if double bottom gives back control to bulls.. Time will tell..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 22 KB
Focus only on what truly matters!
  • #172,567
  • May 23, 2023 8:39am May 23, 2023 8:39am
US news in few minutes so be careful friends.
  • #172,568
  • May 23, 2023 9:03am May 23, 2023 9:03am
Could this be a minor correction or just a bigger one? Let's see!

Not so big but near!

EUR/USD: 1.0800 (306M), 1.0825 (214M), 1.0865-80 (600M), 1.0900 (434M)
Looking for profitable short term trades ...|
  • #172,569
  • Edited 9:59am May 23, 2023 9:48am | Edited 9:59am
Quoting Js3mwtRc
Not so big but near! EUR/USD: 1.0800 (306M), 1.0825 (214M), 1.0865-80 (600M), 1.0900 (434M)
Where do you find this info?
[Edit] I found it. FX Option Expiries.
Funded trader
  • #172,570
  • May 23, 2023 9:52am May 23, 2023 9:52am
Closed all shorts , watch for clearer sign.
  • #172,571
  • May 23, 2023 9:55am May 23, 2023 9:55am
EURUSD if bears continued after pullback
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 39 KB
  • #172,572
  • May 23, 2023 10:08am May 23, 2023 10:08am
No reversal or even higher retracement should happen from here, market should proceed to 1.0733.
Market is not at overbought, corrected a little already in order to go lower on D1 and it is not fib level either or the bottom of the channel.
These are all attempts to take traders out of their position. Stay strong.
We watch the charts from every angle so you don't have to!!
  • #172,573
  • May 23, 2023 10:10am May 23, 2023 10:10am
Quoting pedro319
No reversal or even higher retracement should happen from here, market should proceed to 1.0733. These are all attempts to take traders out of their position. Stay strong.
I have pending longs at 1.0730. Tired of waiting. Hahaha
  • #172,574
  • May 23, 2023 10:15am May 23, 2023 10:15am
Quoting Mitiblotch
{quote} I have pending longs at 1.0730. Tired of waiting. Hahaha
I will open longs there, that is for sure!!
I do other things while the move is ongoing, cannot stare at charts for too long!!
We watch the charts from every angle so you don't have to!!
  • #172,575
  • May 23, 2023 11:47am May 23, 2023 11:47am
It won't get to 1.073 without a significant retr. up.
Practitioner of the cryptic trading arts
  • #172,576
  • May 23, 2023 3:06pm May 23, 2023 3:06pm
Quoting pedro319
No reversal or even higher retracement should happen from here, market should proceed to 1.0733. Market is not at overbought, corrected a little already in order to go lower on D1 and it is not fib level either or the bottom of the channel. These are all attempts to take traders out of their position. Stay strong.
with you on this one, likely to see 0730 before 0830
Patience, Emotion Control and Discipline.
  • #172,578
  • May 23, 2023 3:24pm May 23, 2023 3:24pm
Quoting FxSnapper
{quote} It's weird that XAU/USD has moved up and turned green but EUR/USD languish behind.
am thinking fundamental wise debt crisis is still favouring usd and potentially gold. Eur and other non-usd are not favoured under the current situation

of course technical wise we are in a downtrend
Patience, Emotion Control and Discipline.
  • #172,579
  • May 23, 2023 3:30pm May 23, 2023 3:30pm
Meanwhile, on H1...

Since my last post not much has changed.. 1.0785/90 area is still my nearest resistance and double bottom also still a possibility...

No rush... Maybe tomorrow then...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 23 KB
Focus only on what truly matters!
  • #172,580
  • May 23, 2023 4:11pm May 23, 2023 4:11pm
Good evening, hope you're well. For tomorrow, I have 1.0783 as resistance, and 1.0756 as support;
Attached Image (click to enlarge)
Click to Enlarge Name: 01.png Size: 26 KB
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