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EURUSD only

  • #185,561
  • Dec 14, 2023 11:42pm Dec 14, 2023 11:42pm
Well done to the bears;
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  • #185,562
  • Edited 12:53am Dec 15, 2023 12:22am | Edited 12:53am
1.0960 can be used for momentum bounce H1
1.0929-22 is key support same timeframe.
I don't think it's worth looking at other tfs atm.
Failure of inverted H&S Dxy D1 indicates we should have new highs on Euro soon.
We watch the charts from every angle so you don't have to!!
  • #185,563
  • Dec 15, 2023 2:01am Dec 15, 2023 2:01am
Quick H4 Outlook

  1. I am expecting an additional attack penetrating above 1.1008 towards 1.1060 area max. (if momentum stays intact).
  2. After the spikes, since a big handle is needed for the big cup, we are probably going back down to 1.09 levels and with momentum maybe even a little lower to 1.0855/65 area before bulls kick back in.
  3. Long story short: Keep buying dips until this bull momentum dies. Soon we can look for shorting opportunities! No rush'

Happy "Friday" to all.. Don't get fried!

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Focus only on what truly matters!
  • #185,564
  • Dec 15, 2023 2:01am Dec 15, 2023 2:01am
London open
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Rra di chelete
  • #185,565
  • Dec 15, 2023 2:24am Dec 15, 2023 2:24am
Momentum looks gone with one PMI data (French) and over couple minutes German PMI data
  • #185,566
  • Dec 15, 2023 2:34am Dec 15, 2023 2:34am
Quoting Ata-Turkoglu
Quick H4 Outlook I am expecting an additional attack penetrating above 1.1008 towards 1.1060 area max. (if momentum stays intact). After the spikes, since a big handle is needed for the big cup, we are probably going back down to 1.09 levels and with momentum maybe even a little lower to 1.0855/65 area before bulls kick back in. Long story short: Keep buying dips until this bull momentum dies. Soon we can look for shorting opportunities! No rush' Happy "Friday" to all.. Don't get fried! {image}
very nice one , I’m scalping selling at 1.09 stop loss 1,1002 reached 200% since agoust very happy wit the results
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Scalping
  • #185,567
  • Dec 15, 2023 2:39am Dec 15, 2023 2:39am
Quoting Erkat
Today, we have a disaster called Mrs. Lagarde in the news calendar, which alone is enough to kick the euro
This is where the level of hypocrisy and cunning of this woman is determined, in the huge difference between the nonsense she says and the statistics that are announced in less than 24 hours
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Half of the time, the market is building resistance and support levels, and
  • #185,568
  • Dec 15, 2023 2:41am Dec 15, 2023 2:41am
Don't mind my cheesy joke... but hammer times oops! "handle" times are important!
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  • #185,569
  • Dec 15, 2023 2:42am Dec 15, 2023 2:42am
Keep Shorting
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Holy Betting Grail strategy
  • #185,570
  • Dec 15, 2023 2:42am Dec 15, 2023 2:42am
Quoting quangvision
EURUSD will start to retrace to 1.0960 now before any further up movement. Anybody joins me? Cheers
Again, I am correct. Cheers to anybody who joined me
  • #185,571
  • Dec 15, 2023 2:42am Dec 15, 2023 2:42am
Down from pmis but not out yet! 0965 is the pivot at 1 hour and 0934 defends any downmove.
Looking for profitable short term trades ...|
  • #185,572
  • Dec 15, 2023 2:43am Dec 15, 2023 2:43am
Pending Long 08890 - 08940
Holy Betting Grail strategy
  • #185,573
  • Edited 3:05am Dec 15, 2023 2:43am | Edited 3:05am
Good Morning,

If 095 falls 092 on table. Can be good for an upside bounce.

Cheers and everyone stay green!

UPDATE: when there is a map next to the escalator and you are lost.... "YOU ARE HERE"
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  • #185,574
  • Dec 15, 2023 2:45am Dec 15, 2023 2:45am
Quoting Erkat
{quote} This is where the level of hypocrisy and cunning of this woman is determined, in the huge difference between the nonsense she says and the statistics that are announced in less than 24 hours {image} {image}
She is hiding that EU is going to parity soon!
Looking for profitable short term trades ...|
  • #185,575
  • Dec 15, 2023 2:53am Dec 15, 2023 2:53am
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Waiting for H1 to close
  • #185,576
  • Dec 15, 2023 3:29am Dec 15, 2023 3:29am
Quoting pedro319
1.0960 can be used for momentum bounce H1 1.0929-22 is key support same timeframe. I don't think it's worth looking at other tfs atm. Failure of inverted H&S Dxy D1 indicates we should have new highs on Euro soon.
Price has 2 choices now:
Go to 1.0985 and reverse or continue to 1.1075 (although creeping in overbought now it has a bit more room on D1)
We watch the charts from every angle so you don't have to!!
  • #185,577
  • Dec 15, 2023 3:42am Dec 15, 2023 3:42am
Hi,Does anyone know how I can change my profile name?
  • #185,578
  • Dec 15, 2023 3:52am Dec 15, 2023 3:52am
There are 2.2 billion euro at 1.0950 today, price may stick near until the expiry!
Looking for profitable short term trades ...|
  • #185,579
  • Dec 15, 2023 3:55am Dec 15, 2023 3:55am
Quoting myths
Hi,Does anyone know how I can change my profile name?
Here it is!

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Looking for profitable short term trades ...|
  • #185,580
  • Dec 15, 2023 3:57am Dec 15, 2023 3:57am
Meanwhile, on H4...

2 different scenarios on H4:

  1. If the Cup & Handle formation plays out, I would say price should not go much lower than the recent bearish breakout level: 1.0902 area! If so, we could see bullish continuation in upcoming days.
  2. However, if price goes too deep and aggressively retests 1.0772, I would anticipate a reversal based on the potential "double top" formation.

Let's see, which scenario plays out in the end.. BUT for now I stick to the Cup & Handle option!

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