EURUSD only

TP all 0795

Quick DAILY Outlook

1. Since US markets are closed, we could have a limbo PA day.
2. For now, it is still unclear what will happen at 1.0760 support area.
3. If bulls push this higher, it is also unclear to me what will happen at Friday's range mid area: 1.0826.
4. It feels like bulls have the upper hand, but tomorrow after London opening we could get better data. Patience!

Based on H1, trend might shift to bullish, I am marking 1.0779 area as nearest support...

Good morning, hope you're well. I think 1.0810 can be a resistance for today, but no signs of the bears yet lol;

Greetings
Looking at higher timeframes

On monthly, we had a bearish engulfing month last month meaning bears have taken control and this month is most likely to be bearish

On weekly, we haven't had a bullish week since 7 weeks now and to make the matter worse for bulls, last week closed as a pinbar meaning bears are still very much intact and active.

On daily, we bounced from a trendline and are currently targeting the lows of the bull move @ 1.063xx

All in all, its more profitable to selling the highs.

For today, my target is 1.07359

Anyone noticed: ECB President Lagarde Speaks

She is a bull ...

Morning All,

Did not get chance to view Eur/Usd, for all of last Week!

My Home took a Direct lightening strike, August 26 2023, [Sat] and most things remotely 'Electrical', FRIED!
Fascinating Experience, but i'll tell you all about it, some other time?
Don't know where you UK-Based Guys are, but Manchester, copped for it!
I know the cricket, was affected in London.

Anyway, when I finally, came to look at the Eur/Usd Chart, yesterday, I thought Wow...
Look what happened last week!
I could have got, In there, and out there...in there, and out there...etc etc.
Oh well, not done Fomo, for Donkey's Years, and comparatively recently, have eradicated, what I refer to, as Pomo, another Emotion! [Pissed-off]

I went long earlier at 1.0782, with T/P 1.08029, so yea, sorry...that's all done and dusted, but the reasoning remains relevant...
I feel we are respecting a Daily Trend Line, touched March 15, May 31, and August 25 this year, with what I perceive, was a small 'fake' move beneath it, last Friday?
But if you also, extrapolate the line, back to last year, we have already been reacting to this, 'curious' thing, long before it 'knew', it was a Trend?
Notably July 7, July 20, and August 16-17 2022.
So who knows, what we are really looking at!
But, quoting Warren Buffett...
In Business, the rear view mirror, is Always clearer, than The Windshield.

Why T/P @1.08029, above..?
Absolutely, no idea, other than it seemed Highly Probable, and looked, very pretty, on my Daily Chart...Impressive huh?

My sister's dog, is staying with me, for a few weeks.
She walks very slowly, sniffs Everything, and has a perpetually Waggy Tail!
Reminds me, of a perspective, a view of the Marketplace, well worth Nurturing...
Can't recall who said this?
Be the Tail of the dog, and just follow the Nose...wherever it goes!
Not, the Nose...Hoping that the rest, will Follow?

So, yea...my Waggy Tail, is Favouring 'Long' Scenarios, Presently!

I can finish the word! BullSHIT!!!!!!!!!!!

Closed All Short

Starting Long 0800 - 0806

we have to wait for it!

Patiently HOLDING LONG.

going for a nap

You OR the market???

The market is sleepy for hours now

The bears might be trying now lol;

market is slow today due to holiday, closing longs for now. Done for the day and will be back tomorrow

I Think she's a Boar!
Okay, I am playing with words now...BORE!
Whilst I hold no strong view, of Her, I find ECB Presentations, generally quite Dull!
She stands there, like a Robotic Automaton, on her Elevated Platform, Despatching her retorts, to the carefully selected 'underlings'!
Oh...And, she's French!
Only kidding Folks.

Whereas, when The Fed Chair Testifies...Much more Fun!
I Love the way, they sit Him, at a lower level, in some kind of Pit...And, Hurl rotten fruit down!
Proper Entertainment!

Trying for a long with tight SL. Looking for about 830. I am LT bear especially with that amazing hrly H&S that breaks into my previously posted red zone. If we make it to 830 I am expecting things to get liquid fast. It may go higher before it does but at one of the zones the bears imo will come in hard.

144Tick chart with trade marked (trades don't show on offline charts).

Short 0800 - 0794

Meanwhile, on H4...

Last week's high actually signaled a trend change with clear violation of my reversal threshold. However, the reaction down was too dramatic for my liking but is well, imho, I still believe in bulls and therefore waiting until they take back full control.

1.0782 area + patience is key!