In general, the dollar index has an upward guard, so the euro will fall, But for low-risk entry, we should at least wait for NFP.
Looking for profitable short term trades ...|
- #187,221
- Jan 25, 2024 4:56am Jan 25, 2024 4:56am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,502 Posts
- #187,223
- Jan 25, 2024 5:10am Jan 25, 2024 5:10am
- Joined Jul 2011 | Status: Trader | 3,181 Posts
Holy Betting Grail strategy
- #187,225
- Jan 25, 2024 7:06am Jan 25, 2024 7:06am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,502 Posts
EU dropped to 1.0870 that's providing some support today, after yesterday's high of 1.0932. If that level fails to hold then the next key support levels to watch would be 1.0844 and 1.0821. On the other hand, if eu can regain some momentum and break through the 1.0900/10 resistance zone then the next target to watch would be the recent high of 1.0932. Daily volatility (range) 46 pips Significant news - ECB Interest Rate, US Initial Jobless Claims, US GDP QoQ Advance, US Durable Goods, US New Home Sales 30 min {image} Get ready for volatility!
Looking for profitable short term trades ...|
- #187,227
- Jan 25, 2024 7:17am Jan 25, 2024 7:17am
- Joined Sep 2017 | Status: Trader | 11,364 Posts
{quote} Trading only after the dust settles is advisable in 10 min.
- #187,228
- Jan 25, 2024 7:19am Jan 25, 2024 7:19am
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
"No pain no gain"
- #187,229
- Jan 25, 2024 7:20am Jan 25, 2024 7:20am
- Joined May 2014 | Status: Full Time Trader | 27,271 Posts
Same as yesterday: Focus!
Keep selling spikes!
(I tolerate bulls until 1.0915)
Keep selling spikes!
(I tolerate bulls until 1.0915)
Focus only on what truly matters!
- #187,230
- Jan 25, 2024 7:21am Jan 25, 2024 7:21am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,502 Posts
{quote} We love the chaos.
Looking for profitable short term trades ...|
- #187,231
- Jan 25, 2024 7:25am Jan 25, 2024 7:25am
- Joined Sep 2017 | Status: Trader | 11,364 Posts
{quote} What are you planning to do
- #187,233
- Jan 25, 2024 7:36am Jan 25, 2024 7:36am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,502 Posts
{quote} Nothing. I am prepared to do whatever the market presents. A few times now I have all my plan together with charts and all and yet price does the unthinkable. I expected price to run up few days now but it refused. So today, I don't think price is going anywhere soon. I will buy low and sell high. Maybe price will dip towards 1.0845, 1.0820.
Looking for profitable short term trades ...|
- #187,235
- Jan 25, 2024 7:43am Jan 25, 2024 7:43am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,235 Posts
pick a side already 
Risk comes from not knowing what to do
- #187,236
- Jan 25, 2024 7:45am Jan 25, 2024 7:45am
- Joined Sep 2017 | Status: Trader | 11,364 Posts
{quote} I hope so.
- #187,237
- Jan 25, 2024 7:45am Jan 25, 2024 7:45am
- Joined Aug 2010 | Status: Trader | 1,784 Posts
{quote} A few times now I have all my plan together with charts and all and yet price does the unthinkable.
Today 1.0950-30 is a sell for me, now 1.09 resists too.
- #187,239
- Jan 25, 2024 7:48am Jan 25, 2024 7:48am
- Joined May 2014 | Status: Full Time Trader | 27,271 Posts
{quote} That dip and rise is like they want to drink the blood of bears. I have a secret to look at MT4 volumes on 15mins and 30mins. It has a good prediction ability. Falling candles with very high green volume means price will go up soon. Now we have green 30mins candles with high green volume. It's possible we are heading higher. Watching and waiting...
Focus only on what truly matters!
