Wealthy
- #184,862
- Nov 30, 2023 9:19pm Nov 30, 2023 9:19pm
- Joined Jul 2022 | Status: Trader | 1,415 Posts
{quote} This Buy was no good and I manage to close it as it came back to my entry. Now will try another Buy here at 1.0880 level
- #184,863
- Nov 30, 2023 10:45pm Nov 30, 2023 10:45pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
EU dropped below 1.0900 yesterday in end of month flows, today is recovering some of its losses but it will need more above 1.0960 resistance to turn the tide. Support is at 1.0852 and 1.0833/25. Have a great December! 
Daily volatility (range) - 52 pips
Significant news - US ISM Manufacturing PMI
1 hour
More space below 1.0898 than above 1.0920 
Of-course if I remove all technicals then there is more room to the upside!
15 min
Daily volatility (range) - 52 pips
Significant news - US ISM Manufacturing PMI
1 hour
EU dropped below 1.0900 yesterday in end of month flows, today is recovering some of its losses but it will need more above 1.0960 resistance to turn the tide. Support is at 1.0852 and 1.0833/25. Have a great December!
Of-course if I remove all technicals then there is more room to the upside!
15 min
Looking for profitable short term trades ...|
- #184,864
- Dec 1, 2023 12:58am Dec 1, 2023 12:58am
- Joined May 2014 | Status: Full Time Trader | 27,333 Posts
Meanwhile, on H1...
If bears can keep price below 1.0895 area we could enjoy bearish continuation..
Bulls on the other side have little power while below 1.0934... For now, I am not sure if either side can achieve a breakout from mentioned levels. Time will tell more.. I am waiting for London opening..
Happy new month and happy trading Friday to all
If bears can keep price below 1.0895 area we could enjoy bearish continuation..
Bulls on the other side have little power while below 1.0934... For now, I am not sure if either side can achieve a breakout from mentioned levels. Time will tell more.. I am waiting for London opening..
Happy new month and happy trading Friday to all
Focus only on what truly matters!
- #184,868
- Dec 1, 2023 2:38am Dec 1, 2023 2:38am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
Update
15 min
15 min
Looking for profitable short term trades ...|
- #184,869
- Dec 1, 2023 2:40am Dec 1, 2023 2:40am
- Joined May 2014 | Status: Full Time Trader | 27,333 Posts
Meanwhile, on H4...
Today (since it is also the last day of the week) all I care is: Can bears keep price below 1.0915/39 zone? If yes, we better stay bearish!
Today (since it is also the last day of the week) all I care is: Can bears keep price below 1.0915/39 zone? If yes, we better stay bearish!
Focus only on what truly matters!
- #184,872
- Dec 1, 2023 4:00am Dec 1, 2023 4:00am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
Where is it going to, 20 SMA 1. 0846 or 200 SMA 1.0817.
Looking for profitable short term trades ...|
- #184,874
- Dec 1, 2023 4:24am Dec 1, 2023 4:24am
- Joined Sep 2017 | Status: Trader | 4,512 Posts
{quote} I was thinking 1.0900 above 1.1000 below 1.0800
I'm going to wait until powell.
- #184,875
- Dec 1, 2023 4:40am Dec 1, 2023 4:40am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
Looking for profitable short term trades ...|
- #184,876
- Dec 1, 2023 4:43am Dec 1, 2023 4:43am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
{quote} 1.0882 breaks then more bearishness ahead. If not 1.0942 is the target for today. I'm going to wait until powell.
Looking for profitable short term trades ...|
- #184,877
- Dec 1, 2023 4:49am Dec 1, 2023 4:49am
{quote} Excellent view! I also think price just can't settle now around 1.09. But I'm neither selling, nor buying. Lots and lots of dust now. Clear picture needed. Buyers need more confidence and better price lower, so I would bet on dowside now. My lines say 088 or even 086 on the table again.
086 will be a good place where Eur will be interesting again for buyers, will provide a place to settle a little more. But today is Powell day... sidelines until the popcorn is ready
)Cheers all
- #184,878
- Dec 1, 2023 5:18am Dec 1, 2023 5:18am
I was short very heavy. Reduced significantly when it was going back up to 1.09, despite three Xanax... I'm so frakking enranged (or I would be were it not for the drugs). And of course I can't act out on it otherwise I blow up the account...
Wealthy
- #184,879
- Dec 1, 2023 5:20am Dec 1, 2023 5:20am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,572 Posts
I was short very heavy. Reduced significantly when it was going back up to 1.09, despite three Xanax... I'm so frakking enranged (or I would be were it not for the drugs). And of course I can't act out on it otherwise I blow up the account...
Relax, take some rest, think that you don't know the result yet and you did well. Until the end of the day EU may rise above 1.0920. Just trade when things are more clear!
Looking for profitable short term trades ...|
