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EURUSD only

  • #173,481
  • Jun 6, 2023 4:50am Jun 6, 2023 4:50am
EU data were very poor- such as Germany's trade balance/ EU consumer expectation / ECB Knot did not say rate hike in june and july but still hike rate until the inflation coming down, watch closely consumer price... TP short 1.0725- 1.0695
  • #173,482
  • Jun 6, 2023 4:57am Jun 6, 2023 4:57am
Lagarde's candle taken out and now we can challenge the lows.
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  • #173,483
  • Jun 6, 2023 5:43am Jun 6, 2023 5:43am
Quoting johncen
Seems like first test of 0730ish level failed bull needs to stay above 0706 now to survive and go higher! If we close below 0706 again then likely we will go test 0680ish again
let’s wait for this hourly close. I m not sure if 0680ish will hold
Patience, Emotion Control and Discipline.
  • #173,484
  • Jun 6, 2023 5:47am Jun 6, 2023 5:47am
Closed @ 06840 @ 06949
Order set again @ nearly the same position
Let's see next moves
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Click to Enlarge Name: 02.jpg Size: 119 KB
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  • #173,485
  • Jun 6, 2023 5:54am Jun 6, 2023 5:54am
Quoting pedro319
Lagarde's candle taken out and now we can challenge the lows.
I don't think this downside job is finished, maybe later.
We watch the charts from every angle so you don't have to!!
  • #173,486
  • Jun 6, 2023 6:03am Jun 6, 2023 6:03am
Added two shorts in between @ 06949/ 06996
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Click to Enlarge Name: 03.jpg Size: 139 KB
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  • #173,487
  • Jun 6, 2023 6:24am Jun 6, 2023 6:24am
Closed shorts for some fine ticks
Opened another long @ 06924
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  • #173,488
  • Jun 6, 2023 7:00am Jun 6, 2023 7:00am
Quoting pedro319
{quote} I don't think this downside job is finished, maybe later.
just an hour later
Patience, Emotion Control and Discipline.
  • #173,489
  • Jun 6, 2023 7:06am Jun 6, 2023 7:06am
Quoting johncen
{quote} just an hour later
Bfly needs H4 close below 1.0670.
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  • #173,490
  • Jun 6, 2023 7:10am Jun 6, 2023 7:10am
I'd expect it just ranges from here - with the last M15 high and this current low - could be wrong but its what im stickin with.
  • #173,491
  • Jun 6, 2023 7:15am Jun 6, 2023 7:15am
With a low volatility day, i don't think the daily candle lasts more than 75 pid. Will try my luck at 670 if possible
  • #173,492
  • Jun 6, 2023 7:19am Jun 6, 2023 7:19am
Bulls failed to bring up the price and dropped back at 0675 lows as expected, if that last doesn't hold then only 0661 can save a drop below to 0635 again! It's a good spot for small risk in case for an upside surprise.
Looking for profitable short term trades ...|
  • #173,493
  • Jun 6, 2023 7:24am Jun 6, 2023 7:24am
Quoting pedro319
When move down starts it will take out the lows.


Quoting pedro319
{quote} Directional macd candlestick pattern H4 indicates that the lows should be taken out. Invalidation point is your 35.
We watch the charts from every angle so you don't have to!!
  • #173,494
  • Jun 6, 2023 7:30am Jun 6, 2023 7:30am
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  • #173,495
  • Jun 6, 2023 7:36am Jun 6, 2023 7:36am
Quoting pedro319
Waiting for conclusion. H4 AB=CD 1.0669 first challenge and then onto 1.0636. {image}
We watch the charts from every angle so you don't have to!!
  • #173,496
  • Edited 8:04am Jun 6, 2023 7:43am | Edited 8:04am
x6765 buystop
  • #173,497
  • Jun 6, 2023 7:43am Jun 6, 2023 7:43am
Buy 1.6700, tight SL
  • #173,498
  • Jun 6, 2023 7:47am Jun 6, 2023 7:47am
we still in down trend (Weekly timeframe correction wave)
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  • #173,499
  • Jun 6, 2023 8:27am Jun 6, 2023 8:27am
Downside not finished, this bounce is normal but ultimately market should turn back down.
We watch the charts from every angle so you don't have to!!
  • #173,500
  • Jun 6, 2023 8:33am Jun 6, 2023 8:33am
watching 0682 limit and tl , breaks may test 0700 but 0692 may stop for further down or bottom . tested 0666 but not breaks 0661 yet . pressure still down! take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
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