Boring minutes... even on M5... Will 1.0977 support? If not... will then 1.0961 support? Time will tell.. Zzzzz...
*Bulls need to stay above 1.0988 at least...
*Bulls need to stay above 1.0988 at least...
Focus only on what truly matters!
5
Trading EURUSD only 43,756 replies
Eurusd-5m Trading Only 110 replies
LIVE Trades Only : EURUSD & GBPUSD 123 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Script to change EA to long only/ short only at a price level? 1 reply
Disliked{quote} Its nearing but a break below would be fatal. If it happens bulls hope is that 1.0880/0830 will hold.Ignored
Disliked{quote} Its nearing but a break below would be fatal. If it happens bulls hope is that 1.0880/0830 will hold.Ignored
Disliked{quote} Something will happen at 1.0880, bounce and even beginning of major retracement, reversal is also possible although likelihood is not as high. So, worth opening a couple of longs.Ignored
DislikedSome big option expiries for the rest of the week. {image} Tomorrow there are the biggest ones and their levels should play a role of how EU price action will unfold.Ignored
Disliked{quote} They have a magnetic effect on EU when the price is near 50 pips on a big level before the expiry but many times other fundamentals play a biggest role in price action.Ignored
DislikedSome big option expiries for the rest of the week. {image} Tomorrow there are the biggest ones and their levels should play a role of how EU price action will unfold.Ignored
Disliked{quote} They have a magnetic effect on EU when the price is near 50 pips on a big level before the expiry but many times other fundamentals play a biggest role in price action.Ignored
Disliked{quote} For that to happen it would need multiple/big market players to move in the same direction. I still believe the FOREX market (especially EURUSD) is too big for single players to move the market. That being said, option expiry and the max-pain curve theory is very valid for smaller volume markets i.e. DAX40, DOW etc where single players can excert market dominance. It does mean volitality or at least choppy trading though...just my two centsIgnored
Disliked{quote} I'm assuming that when the options expire it will cause the price to drop?Ignored
Disliked{quote} Or, rise we don't know. I use the levels most as support and resistance levels for my technical analysisIf a level breaks with power then support becomes resistance and etc.
Ignored