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EURUSD only

  • #173,501
  • Jun 6, 2023 8:38am Jun 6, 2023 8:38am
Quoting pedro319
Downside not finished, this bounce is normal but ultimately market should turn back down.
You are right but good for a short term buy order (at least don't close below 665) and wait and see the end date
  • #173,502
  • Jun 6, 2023 8:40am Jun 6, 2023 8:40am
Quoting ntadtin
{quote} You are right but good for a short term buy order (at least don't close below 665) and wait and see the end date
That is exactly what I mean, enjoy the bounce but be prepared for down continuation.
We watch the charts from every angle so you don't have to!!
  • #173,503
  • Jun 6, 2023 8:41am Jun 6, 2023 8:41am
Quoting Ultras
Buy 1.6700, tight SL
closed this with 10 pips
  • #173,504
  • Jun 6, 2023 8:57am Jun 6, 2023 8:57am
Quoting pedro319
{quote} That is exactly what I mean, enjoy the bounce but be prepared for down continuation.
My TP is 0645. Hopefully it hits quickly.
  • #173,505
  • Jun 6, 2023 9:00am Jun 6, 2023 9:00am
I bought again this 1.06700 level tight SL, let see if holds
  • #173,506
  • Jun 6, 2023 9:20am Jun 6, 2023 9:20am
Quoting Js3mwtRc
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.
0661 has been saved, come on EU you can make it at least to 0700l
Looking for profitable short term trades ...|
  • #173,507
  • Jun 6, 2023 9:22am Jun 6, 2023 9:22am
Quoting Ultras
I bought again this 1.06700 level tight SL, let see if holds
you've got yourself 20 pid. Good luck
  • #173,508
  • Jun 6, 2023 9:29am Jun 6, 2023 9:29am
Quoting Ultras
I bought again this 1.06700 level tight SL, let see if holds
i closed half of the trade with +10 pips. Moved SL to BE for now..
  • #173,509
  • Jun 6, 2023 9:53am Jun 6, 2023 9:53am
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  • #173,510
  • Jun 6, 2023 10:09am Jun 6, 2023 10:09am
Quoting Ultras
{quote} i closed half of the trade with +10 pips. Moved SL to BE for now..
closed the other half +20 pips
  • #173,511
  • Jun 6, 2023 10:33am Jun 6, 2023 10:33am
Quoting andvk74
{image}
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"Exchange of hands"
  • #173,512
  • Jun 6, 2023 1:15pm Jun 6, 2023 1:15pm
daily close matters now! If we are unable to move back above 0700 or near daily open, it is bearish. If close under 0685 200d ema support is probably broken and more downward movement coming.

only if we go back and above 0735 then bull has a chance to survive
Patience, Emotion Control and Discipline.
  • #173,513
  • Jun 6, 2023 2:11pm Jun 6, 2023 2:11pm
Quoting johncen
daily close matters now! If we are unable to move back above 0700 or near daily open, it is bearish. If close under 0685 200d ema support is probably broken and more downward movement coming. only if we go back and above 0735 then bull has a chance to survive
Bulls don't have any chance while I am still in my shorts. Hahaha
  • #173,514
  • Jun 6, 2023 2:24pm Jun 6, 2023 2:24pm
Quoting Mitiblotch
{quote} Bulls don't have any chance while I am still in my shorts. Hahaha
What is amazing is that if I open a short, the market explodes to the upside!
  • #173,515
  • Jun 6, 2023 2:25pm Jun 6, 2023 2:25pm
Quoting dantpm
{quote} What is amazing is that if I open a short, the market explodes to the upside!
happens to me as well
Patience, Emotion Control and Discipline.
  • #173,516
  • Jun 6, 2023 2:41pm Jun 6, 2023 2:41pm
Almost chickened out of my position then remembered what I'm playing for - Still could be wrong though :


EU - Multi

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DXY D1
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  • #173,517
  • Jun 6, 2023 3:25pm Jun 6, 2023 3:25pm
Quoting dantpm
{quote} What is amazing is that if I open a short, the market explodes to the upside!
Hahaha... it's happened to every one of us.
  • #173,518
  • Jun 6, 2023 3:27pm Jun 6, 2023 3:27pm
Quoting Mitiblotch
{quote} Hahaha... it's happened to every one of us.
Yes that is so true!
Patience, Emotion Control and Discipline.
  • #173,519
  • Jun 6, 2023 4:09pm Jun 6, 2023 4:09pm
Meanwhile, on H1...

Overall, I think this bearish tone will slowly strengthen and continue... Therefore, I am planning to get rid of my long order as soon as bulls do their thing and create some spikes (hopefully).... If not, I will find another way to jump onto the sell wagon .. Time will tell...
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Focus only on what truly matters!
  • #173,520
  • Jun 6, 2023 7:05pm Jun 6, 2023 7:05pm
Still pretty much range trading for now.

bull needs to go above 0700, 0710 and ultimately 0735 to go higher.

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Patience, Emotion Control and Discipline.
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