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EURUSD only

  • #178,361
  • Aug 18, 2023 2:05am Aug 18, 2023 2:05am
1.0872 This is my daily open level and flip point lvl. We change daily candle to bearish.
  • #178,362
  • Aug 18, 2023 2:09am Aug 18, 2023 2:09am
Although it may seem a bit unlikely, I am devoting today and Monday and to some extent Tuesday to strengthening the Euro.⁦⁩
Half of the time, the market is building resistance and support levels, and
  • #178,363
  • Aug 18, 2023 2:10am Aug 18, 2023 2:10am
Quoting Js3mwtRc
EU is ranging, Friday everything can happen, watching the lows which are 1.0854/33 for me, resistance is at 1.0918/35. Daily Volatility (range) - 48 pips 30 min {image} Have a great trading day.
0854/33 > just observe how the price action is unfolding and don't overleveredge on such conditions - bearish market on daily with no higher highs or higher lows means down to even 0800 today!
Looking for profitable short term trades ...|
  • #178,364
  • Aug 18, 2023 2:47am Aug 18, 2023 2:47am
Meanwhile, on H1...

Bulls are definitely under constant sell pressure. Forces are intentionally delaying the flow.

Bulls have to stay above 1.0873, otherwise bears will revisit the lower parts of both channels.
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #178,365
  • Aug 18, 2023 2:49am Aug 18, 2023 2:49am
Attached Image (click to enlarge)
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  • #178,366
  • Aug 18, 2023 2:51am Aug 18, 2023 2:51am
Quoting andvk74
{image}
No red news today, I wonder if price will hit these levels today.
  • #178,367
  • Aug 18, 2023 3:10am Aug 18, 2023 3:10am
Quoting kokchu
{quote} No red news today, I wonder if price will hit these levels today.
Attached Image (click to enlarge)
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  • #178,368
  • Aug 18, 2023 3:11am Aug 18, 2023 3:11am
Quoting andvk74
{image}
Something is cooking
Looking for profitable short term trades ...|
  • #178,369
  • Aug 18, 2023 3:11am Aug 18, 2023 3:11am
Attached Image (click to enlarge)
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  • #178,370
  • Aug 18, 2023 3:12am Aug 18, 2023 3:12am
Quoting Js3mwtRc
{quote} Something is cooking
ALWAYS!!! Mr. FOREX is a fucking COOK!!!
  • #178,371
  • Aug 18, 2023 3:13am Aug 18, 2023 3:13am
Quoting Jasper1994
{quote} No currency pairs that is not slow this August accept gold Go and see gpbusd you we hate to trade
GU has a bigger daily range than EU anytime everytime. The opposite is an exception. August is slow because the bank execs and big boys go on their summer holidays leaving the younger ones to take care of the market. That doesn't change that GU has a wider range.
  • #178,372
  • Aug 18, 2023 3:14am Aug 18, 2023 3:14am
Quoting Js3mwtRc
{quote} Something is cooking
EU will fly up hard. I need it to just do a false break of the wedge hit my TP at 1.0855 or 1.0850 and then it can do whatever it wants.
  • #178,373
  • Aug 18, 2023 3:26am Aug 18, 2023 3:26am
Let's pay attention to the 1.0833 level. I think that region will attract the price during the day.
Swing Trader
  • #178,374
  • Aug 18, 2023 3:29am Aug 18, 2023 3:29am
Quoting Mitiblotch
{quote} EU will fly up hard. I need it to just do a false break of the wedge hit my TP at 1.0855 or 1.0850 and then it can do whatever it wants.
I won't really get my hopes up for a bullish day besides, the Eur cpi is low impact.
If anything, we should have bearish momentum to break 1.08500 and head down to monthly first support @ 1.079xxx area
Looking at the weekly structure, we should have a full blown bearish weekly candle this week.
Also notice that yesterday closed bearish doji (in the middle of a trend) signifying a brutal move the next day
Risk comes from not knowing what to do
  • #178,375
  • Aug 18, 2023 3:40am Aug 18, 2023 3:40am
Buying around 1.08370 area. Stop loss around 15 pips. TP 1.1050
Attached Image (click to enlarge)
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  • #178,376
  • Aug 18, 2023 3:41am Aug 18, 2023 3:41am
Quoting Mitiblotch
{quote} EU will fly up hard. I need it to just do a false break of the wedge hit my TP at 1.0855 or 1.0850 and then it can do whatever it wants.
Bulls should hear you and give this a break! Bears need to be more strong.
Looking for profitable short term trades ...|
  • #178,377
  • Aug 18, 2023 3:49am Aug 18, 2023 3:49am
Hello friends

My personal 1W view

Attached Image (click to enlarge)
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A weekly close above @ 0900+ should trigger a bullish momentum for the last part of this month, yellow line
On the other side a close under @ 0875- could bring the EUR for a another leg down to the @ 0700 mark, orange line
Space in between @ 0835 and @ 0900 just trouble for traders or good momentum for fast counter scalping

God bless you all
Keep trading and learning or keep learning and trading!
  • #178,378
  • Aug 18, 2023 4:10am Aug 18, 2023 4:10am
Repost: Weekly Shark Idea

I shared this a couple of months ago... It is still valid when considering the long-term... Of course it is the weekly and therefore it needs time to arrive at target. Patience is key! A lot of patience.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 18 KB
Focus only on what truly matters!
  • #178,379
  • Aug 18, 2023 4:20am Aug 18, 2023 4:20am
Watch guys money doesn't care about technical levels and lines only where it will get in a trade if it likes the risk and when it doesn't get in or did profited to exit.

With less words, it buys/sells where it likes and exits when it doesn't like or hits the goal.

In this case the money likes the Southern side of the trade, at least how the technicals and fundamentals look like.

I'll let you know when they do the other way or at least try.
Looking for profitable short term trades ...|
  • #178,380
  • Aug 18, 2023 4:32am Aug 18, 2023 4:32am
So much spikes
Fundamental provide Volume, Technical shows Direction
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