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EURUSD only

  • #184,721
  • Nov 29, 2023 6:18am Nov 29, 2023 6:18am
Possible Bull scenario....
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  • #184,722
  • Nov 29, 2023 6:18am Nov 29, 2023 6:18am
Quoting Mitiblotch
For those buying at these giddy heights I think you shojld consider next month's pivot, which will obviously be much lower than where price currently sits. You know it will be visited.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,723
  • Nov 29, 2023 6:19am Nov 29, 2023 6:19am
Quoting Js3mwtRc
{quote} Sure 500 pips monthly candle something has got to give back and 1.0840 is not so far away, bulls can use it for more entries to the upside. Looking forward for that too!
Don't you think this forecast is too high? Although it may not mean anything. After all, EU had horrible data yesterday and price still broke to new highs.
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  • #184,724
  • Nov 29, 2023 6:22am Nov 29, 2023 6:22am
Quoting Mitiblotch
{quote} Don't you think this forecast is too high? Although it may not mean anything. After all, EU had horrible data yesterday and price still broke to new highs. {image}
Are you currently in the market too?
  • #184,725
  • Nov 29, 2023 6:32am Nov 29, 2023 6:32am
Yesterday's speech said that the USD interest rate will only be for the beginning of next year, so that makes me think that the room for maneuver for the EUR is still large, optimistic to the point that I have the possibility of reaching my goal TP...77 could be your lucky number!
"No pain no gain"
  • #184,726
  • Nov 29, 2023 6:44am Nov 29, 2023 6:44am
Quoting Mitiblotch
For those buying at these giddy heights I think you shojld consider next month's pivot, which will obviously be much lower than where price currently sits. You know it will be visited.
Don't get me wrong mate, I also believe that monthly levels are pertinent!

Alas, no matter where price is or what it is doing at a certain point in time, and whether we like it or not, the market forces us to work not with certainties, but probabilities.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,727
  • Nov 29, 2023 7:00am Nov 29, 2023 7:00am
Quoting mtako
{quote}Don't get me wrong mate, I also believe that monthly levels are pertinent! Alas, no matter where price is or what it is doing at a certain point in time, and whether we like it or not, the market forces us to work not with certainties, but probabilities.
Says he with certainty
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,728
  • Nov 29, 2023 7:09am Nov 29, 2023 7:09am
Quoting Mitiblotch
{quote} Don't you think this forecast is too high? Although it may not mean anything. After all, EU had horrible data yesterday and price still broke to new highs. {image}
Sure, forecasts are unreliable, many factors to consider can lead to a slowdown like, rates and geopolitics. Also a slower doesn't mean not strong!
Looking for profitable short term trades ...|
  • #184,729
  • Nov 29, 2023 7:25am Nov 29, 2023 7:25am
...last red news for the day are on its way.. Let's see..
Focus only on what truly matters!
  • #184,730
  • Nov 29, 2023 7:28am Nov 29, 2023 7:28am
Quoting mtako
...Right now, for me, 0960-70s is next important big test.. If support there (or higher), with this swing-scale momentum, volatility and trend, it might be bye 09 already, just as fast as we had to say bye to 07.
Quoting mtako
Happy mid-day+mid-week dear fellow traders ! Nothing has yet changed for me. Price is again at my new most crucial of the week !:{quote}That said, both Bulls and Bears did good today : Well done bear, Well done bull! Now, , lets see who wins the 3rd round !! And don't forget, always good, warm and laughing inducing thoughts heading your way, cheers !!!!: {image}...
Quoting mtako
Mighty Bears attacking low of 12H shooting star as we speak ! If it is a genuine rejection of the 79 days New High = will cancel this week's progress = 1.08x Beautiful Bear aiming for wondrous lows at last?! But highest intraday support not even broken yet, so best place to buy for me here soon at last, when a return to >0975 {image}
And, BigNews coming up! So I would exit all intraday setups entries of the day right here 0985, for a modest pre-news gain of 10pips.

Big Wick Fighting Time !!!!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,731
  • Nov 29, 2023 7:29am Nov 29, 2023 7:29am
Quoting Jackoboms
{quote} Are you currently in the market too?
I have a pending short at 1.1000.
  • #184,732
  • Nov 29, 2023 7:31am Nov 29, 2023 7:31am
Quoting Mitiblotch
{quote} Don't you think this forecast is too high? Although it may not mean anything. After all, EU had horrible data yesterday and price still broke to new highs. {image}
Wow! It beat forecast. If my short at 1.1000 triggers I'll be happy.
  • #184,733
  • Nov 29, 2023 7:33am Nov 29, 2023 7:33am
When the dirty hands of the robber banks are up to the elbows, if 52 is announced instead of 5.2, it will not work
Half of the time, the market is building resistance and support levels, and
  • #184,734
  • Nov 29, 2023 7:37am Nov 29, 2023 7:37am
Quoting Erkat
When the dirty hands of the robber banks are up to the elbows, if 52 is announced instead of 5.2, it will not work
Eurusd is growing relative with usd, then the market thinks that this is good for the economy and the sentiment. Of-course fed is not going to cut rates soon and thats what's on the bulls mind that makes them worrie!
Looking for profitable short term trades ...|
  • #184,735
  • Nov 29, 2023 7:40am Nov 29, 2023 7:40am
Quoting Erkat
When the dirty hands of the robber banks are up to the elbows, if 52 is announced instead of 5.2, it will not work
"It's the broadest measure of economic activity and the primary gauge of the economy's health"

If this poor move was caused by the so called "broadest" measure, woohooooo... I don't want to know the effects of regular news anymore!
Focus only on what truly matters!
  • #184,736
  • Nov 29, 2023 7:43am Nov 29, 2023 7:43am
I'm selling here at 1.0977. Not waiting any longer. SL at 1.1020.
  • #184,737
  • Nov 29, 2023 7:58am Nov 29, 2023 7:58am
Short, ready for TP
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Holy Betting Grail strategy
  • #184,738
  • Nov 29, 2023 8:06am Nov 29, 2023 8:06am
Quoting mtako
Mighty Bears attacking low of 12H shooting star as we speak ! If it is a genuine rejection of the 79 days New High = will cancel this week's progress = 1.08x Beautiful Bear aiming for wondrous lows at last?! But highest intraday support not even broken yet, so best place to buy for me here soon at last, when a return to >0975 {image}
Quoting mtako
{quote}{quote}{quote}And, BigNews coming up! So I would exit all intraday setups entries of the day right here 0985, for a modest pre-news gain of 10pips. Big Wick Fighting Time !!!! {image}
And now would get back when/if >0976, again!

And this!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,739
  • Nov 29, 2023 8:08am Nov 29, 2023 8:08am
Quoting mtako
{quote}{quote}And now would get back when/if >0976, again! And this! {image}
Like the Big news never even happened...
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #184,740
  • Nov 29, 2023 8:10am Nov 29, 2023 8:10am
I bought the 1.0970 level because so far it's support, can't break under the green 50MA even. So far SL is BE.
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