Attachments: EURUSD only

EURUSD only

#172,801
May 25, 2023 7:05am May 25, 2023 7:05am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now

Quoting Ata-Turkoglu

Disliked

Meanwhile, on H1... Not much has changed since my last post... I am risking one scalper-long until bears can hopefully decide what they are up to.. 1.0739 area is currently my nearest resistance.. {image}

Ignored

Closed scalper-long with +9 pips..

Focus only on what truly matters!

#172,802
May 25, 2023 7:16am May 25, 2023 7:16am

Jakepuia
Joined Feb 2016 | Status: All is well | 533 Posts

Quoting Ata-Turkoglu

Disliked

{quote} Closed scalper-long with +9 pips..

Ignored

Nice call

Jakepuia

#172,803
May 25, 2023 7:36am May 25, 2023 7:36am

sulai45
| Joined Jul 2016 | Status: Trader | 1,526 Posts

Good afternoon, the bears are going for it now, on 5M, thanks to the unemployment claims;

Attached Image (click to enlarge)

Click to Enlarge

Name: 01.png
Size: 32 KB

#172,804
May 25, 2023 7:40am May 25, 2023 7:40am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts

Strong numbers from the us, we should get ready for a break!

Looking for profitable short term trades ...|

#172,805
May 25, 2023 7:41am May 25, 2023 7:41am

numbercutter
| Joined Jul 2022 | Status: Trader | 169 Posts

Quoting numbercutter

Disliked

{image}

Ignored

still on track... need a big dump soon though, this crawl down will only go so longgggg

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 34 KB

always shorting eu All Time Profit: $1,476

#172,806
May 25, 2023 7:44am May 25, 2023 7:44am

chrissfx
| Joined Dec 2011 | Status: Trader | 525 Posts

Hi,
have taken a first long @ 0718. Sl 30 Pips...

Best
Chriss

#172,807
May 25, 2023 7:47am May 25, 2023 7:47am

Nuris01
| Joined Sep 2022 | Status: Trader | 16 Posts

According to the latest data, do you think we can rise to 1.083?

#172,808
May 25, 2023 7:47am May 25, 2023 7:47am

sulai45
| Joined Jul 2016 | Status: Trader | 1,526 Posts

Quoting Nuris01

Disliked

According to the latest data, do you think we can rise to 1.083?

Ignored

Hello, today I don't think we will go to 1.083, because the bears are in control.

Привет, сегодня я не думаю, что мы дойдем до 1,083, потому что медведи контролируют ситуацию.

#172,809
May 25, 2023 7:55am May 25, 2023 7:55am

sulai45
| Joined Jul 2016 | Status: Trader | 1,526 Posts

The bears did alright;

Attached Image (click to enlarge)

Click to Enlarge

Name: 02.png
Size: 29 KB

#172,810
May 25, 2023 8:13am May 25, 2023 8:13am

zippo22
Joined Apr 2011 | Status: Trader | 486 Posts

It is clear that the bulls and bears are battling here... a look at the DXY makes it clear. the 104.1 +- has been in the past both, a good support and also resistance area.

Attached Image (click to enlarge)

Click to Enlarge

Name: USDIndexDaily May 25-23.png
Size: 19 KB

But eventually bears will overcome this. I see constantly bouncing back... so no weakness on the broader horizon until now.

#172,811
May 25, 2023 8:19am May 25, 2023 8:19am

Lbrto
| Joined Nov 2008 | Status: Trader | 418 Posts | Online Now

lost the bet. now has to start all over again.

"No trade is still a trade." - Peter Borish

#172,812
May 25, 2023 8:50am May 25, 2023 8:50am

Nuris01
| Joined Sep 2022 | Status: Trader | 16 Posts

If the US debt ceiling is increased, is it bad for the euro or good?

#172,813
May 25, 2023 8:51am May 25, 2023 8:51am

pedro319
| Commercial User | Joined Jul 2013 | 7,881 Posts

Quoting pedro319

Disliked

{quote} So far so good, added 1.0713 and closing longs from 1.0735. Reasons: I am happy with the lower ones and data releases later on. Target 1.0856, there I will open shorts targeting 1.05 (probably next week).

Ignored

Still holding and waiting for 1.0695 to add more.

We watch the charts from every angle so you don't have to!!

#172,814
May 25, 2023 8:54am May 25, 2023 8:54am

andvk74
Joined Jun 2018 | Status: Trader | 3,083 Posts

Quoting Nuris01

Disliked

If the US debt ceiling is increased, is it bad for the euro or good?

Ignored

It doesn't matter!!! Markets move NOT because of the news! This is only to confuse traders.

#172,815
May 25, 2023 9:10am May 25, 2023 9:10am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts

Quoting Nuris01

Disliked

If the US debt ceiling is increased, is it bad for the euro or good?

Ignored

I believe it's good for the EU but I don't think they'll get an increase!

I believe they're going to come with a lower ceiling deal and that until then the market will have price in the drop and EU will recover, but we have to be patient and wait for the signs.

Looking for profitable short term trades ...|

#172,816
May 25, 2023 9:36am May 25, 2023 9:36am

Nuris01
| Joined Sep 2022 | Status: Trader | 16 Posts

Quoting andvk74

Disliked

{quote} It doesn't matter!!! Markets move NOT because of the news! This is only to confuse traders.

Ignored

Then what is the reason for such a fall in the euro, even for a correction can not?

#172,817
May 25, 2023 11:56am May 25, 2023 11:56am

Ethan1991
| Joined May 2023 | Status: Trader | 52 Posts

Daily trend line breaks.

Attached Image (click to enlarge)

Click to Enlarge

Name: Screenshot_2023-05-25-18-01-56-924_com.tradingview.tradingviewapp.jpg
Size: 398 KB

#172,818
May 25, 2023 12:27pm May 25, 2023 12:27pm

Boudain
| Joined Sep 2016 | Status: Trader | 34 Posts

Fellow Traders,

I believe I could be overengineering my entry methods and am asking for your viewpoints: For the sake of argument when the trend is moving in a downward direction (regardless of where S & R may be or any other indicators you currently have established to be to your advantage) , you've decided now is the appropriate time to short a trade and have done so. So much for the easy part!

I automatically place a Fib retracement pattern on the previous bar and consider placing additional trades based upon the smaller numbered sequences (.500 and lower) then waiting to see if any are hit adding an extra entry point into the trade.

Am I over thinking this believing in a couple of extra pips with this method or am I out in left field somewhere missing out on the big picture? Feel free to laugh!

Thank you for your time and consideration.

#172,819
May 25, 2023 12:39pm May 25, 2023 12:39pm

cristog120
| Joined Dec 2021 | Status: Trader | 28 Posts

Quoting Boudain

Disliked

Fellow Traders, I believe I could be overengineering my entry methods and am asking for your viewpoints: For the sake of argument when the trend is moving in a downward direction (regardless of where S & R may be or any other indicators you currently have established to be to your advantage) , you've decided now is the appropriate time to short a trade and have done so. So much for the easy part! I automatically place a Fib retracement pattern on the previous bar and consider placing additional trades based upon the smaller numbered sequences (.500...

Ignored

every trader and his unique method. i have never viewed trading this way. lol

#172,820
Edited 4:37pm May 25, 2023 3:48pm | Edited 4:37pm

Flafisher
| Joined Feb 2023 | Status: Trader | 50 Posts

Like others have mentioned, every trader is different.
I personally see a set up and put all in based on my bias...
I am either stopped out or I scale out depending on what I see. Lord knows I've moved my stop to accommodate my mind, but, the market is never wrong!
I've been learning, but no one in here can't say they aren't.
A new significant low was mad, a 61 fib level was hit, and a 261% fib level was hit on the down side....
For me it's only retracement, to take out some highs... the lows are gone for now,
In EW, we just finished wave 3 down.... in my count...
But I am wrong more often then I'm correct.
To compensate for for my incorrectness I take 1/2 off the table at a significant level which brings me to break even when I'm wrong..
2nd TP is my anticipated target and 10% keeps going