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EURUSD only

  • #181,241
  • Oct 3, 2023 7:07am Oct 3, 2023 7:07am
Quoting Ironman777
anyone buying this??? fricking candle went through my keyboard and all...
yes i caught the falling knife too early lol
  • #181,242
  • Oct 3, 2023 7:10am Oct 3, 2023 7:10am
No way bears! Looks like an intervention from robbers... don't worry the bounce will come in some way... when it comes.... some day...
Looking for profitable short term trades ...|
  • #181,243
  • Oct 3, 2023 7:19am Oct 3, 2023 7:19am
Quoting pedro319
{quote} {image} If we go lower, still a buy at 1.0415-00 1.0530 could become resistance for final leg down before bounce up weekly chart. H1 buy pattern attached.
That was the first flavour of things to come..
H1 Bfly buy got the touch at 1.0450, since we are at weekly support as well, no point waiting for next extension to buy.
Stops have to be below 1.04.
We watch the charts from every angle so you don't have to!!
  • #181,244
  • Edited 7:29am Oct 3, 2023 7:19am | Edited 7:29am
Spring cleaning. Ohh wait it's the fall. #'s were positive so it should continue on down once they align themselves. No one is giving up on the Dollar trend yet, I think

they're nasty today!! Spike down W5 and now the retrace???

I'm about to crack that bottle already
  • #181,245
  • Oct 3, 2023 7:27am Oct 3, 2023 7:27am
Chickened... not so strong in the worst case it will consolidate around here, in best it will take out 0515/20 first or continue lower like it should towards 0443/0405.
Looking for profitable short term trades ...|
  • #181,246
  • Oct 3, 2023 7:32am Oct 3, 2023 7:32am
Current Market Situation on EURUSD:

  1. Buyer Anticipation: The majority of buyers are currently on standby, awaiting Japan's potential intervention.
  2. Market News: Reports are emerging https://www.forexfactory.com/news/12...f-intervention
  3. Buyer Reaction: This news has buyers buzzing with excitement. The consensus seems to be: "This is the moment! Time to buy EURUSD! "
  4. Reality Check: However, it seems there was a rush to conclusions. Japan hasn't initiated any action just yet.
  5. Market Response: Rapid selling ensues. It's a sea of "Sell, sell, sell!"


We've yet to see 4) and 5)

  • #181,247
  • Oct 3, 2023 7:41am Oct 3, 2023 7:41am
Quoting MarcoJnr
Bad job numbers could be a catalyst for a decent retracement
Which financial website did you get the employment data from? Very good
  • #181,248
  • Oct 3, 2023 7:42am Oct 3, 2023 7:42am
Quoting Js3mwtRc
Chickened... not so strong in the worst case it will consolidate around here, in best it will take out 0515/20 first or continue lower like it should towards 0443/0405.
As long it consolidates above the 1.27 ext that is fine. Bfly most of the time is quite explosive though.
We watch the charts from every angle so you don't have to!!
  • #181,249
  • Oct 3, 2023 7:44am Oct 3, 2023 7:44am
Quoting azidane91
Current Market Situation on EURUSD: Buyer Anticipation: The majority of buyers are currently on standby, awaiting Japan's potential intervention. Market News: Reports are emerging https://www.forexfactory.com/news/12...f-intervention Buyer Reaction: This news has buyers buzzing with excitement. The consensus seems to be: "This is the moment! Time to buy EURUSD! " Reality Check: However, it seems there was a rush to conclusions. Japan hasn't initiated any action just yet. Market Response: Rapid selling...
In regards to this the EUR/USD can end up being affected in the back drop as they will allow the dollar to beat up even more on the weaker currencies, commodities based currencies should do better...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
  • #181,250
  • Oct 3, 2023 8:08am Oct 3, 2023 8:08am
Quoting Js3mwtRc
Chickened... not so strong in the worst case it will consolidate around here, in best it will take out 0515/20 first or continue lower like it should towards 0443/0405.
well done mate~ i still holding on to my longs! Let see if 0440 holds
Patience, Emotion Control and Discipline.
  • #181,251
  • Oct 3, 2023 8:11am Oct 3, 2023 8:11am
Quoting johncen
{quote} well done mate~ i still holding on to my longs! Let see if 0440 holds
Let's hope it does, maybe tomorrow we'll get an up day.
Looking for profitable short term trades ...|
  • #181,252
  • Oct 3, 2023 8:44am Oct 3, 2023 8:44am
Quoting johncen
{quote} well done mate~ i still holding on to my longs! Let see if 0440 holds
proven have been too greedy, should have follow initial plan to wait for better entry~ currently under water, might add one more if we get to 0440…
Patience, Emotion Control and Discipline.
  • #181,253
  • Oct 3, 2023 8:48am Oct 3, 2023 8:48am
Quoting johncen
{quote} proven have been too greedy, should have follow initial plan to wait for better entry~ currently under water, might add one more if we get to 0440…
Not suggesting to add on a downtrend it's against the odds. I do that only sometimes when the market is trending and I am sure and this time around it's very dangerous you are only adding to losses.
Looking for profitable short term trades ...|
  • #181,254
  • Oct 3, 2023 8:57am Oct 3, 2023 8:57am
Quoting Js3mwtRc
{quote} Not suggesting to add on a downtrend it's against the odds. I do that only sometimes when the market is trending and I am sure and this time around it's very dangerous you are only adding to losses.
yea i may not… set sl for my current trade abd off to bed
Patience, Emotion Control and Discipline.
  • #181,255
  • Oct 3, 2023 8:57am Oct 3, 2023 8:57am
Closed my short at 2,3:1

Im flat now.
  • #181,256
  • Oct 3, 2023 11:35am Oct 3, 2023 11:35am
The true conflict candle between bears and bulls appeared in a strategic place at daily chart . i will Wait until the close of today’s candle to confirm it and attach a comprehensive analysis of the movements of the new uptrend, which may reach 1000 pips.
Volume is the soul of the market
  • #181,257
  • Oct 3, 2023 11:51am Oct 3, 2023 11:51am
1.04 first
  • #181,258
  • Oct 3, 2023 1:41pm Oct 3, 2023 1:41pm
Quoting Forexman1979
The true conflict candle between bears and bulls appeared in a strategic place at daily chart . i will Wait until the close of today’s candle to confirm it and attach a comprehensive analysis of the movements of the new uptrend, which may reach 1000 pips.
I hope success Trades For All .... i will still the monitoring market for any new volume signal
Attached Image (click to enlarge)
Click to Enlarge Name: 6E DEC23 (Daily) 2023_10_03 (11_41_03 PM).png Size: 25 KB
Volume is the soul of the market
  • #181,259
  • Oct 3, 2023 3:06pm Oct 3, 2023 3:06pm
Quoting Forexman1979
{quote} I hope success Trades For All .... i will still the monitoring market for any new volume signal {image}
I just want to point out that it has a higher chance of bouncing off parity before it reaches 1.16 as long as US Rates continue to remain steady or increase. I am going for a retrace to 1.085 - 1.09 before it bounces back down further.
  • #181,260
  • Oct 3, 2023 3:25pm Oct 3, 2023 3:25pm
Triggered Buy1.0465 Sl 20 pip Tp 1.0560
"No pain no gain"
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