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  • #187,421
  • Jan 29, 2024 7:20am Jan 29, 2024 7:20am
Quoting pedro319
{quote} Look for 1.0790.
That was an interesting month near its end

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Looking for profitable short term trades ...|
  • #187,422
  • Jan 29, 2024 7:26am Jan 29, 2024 7:26am
1st Buy for me today 1.07988
  • #187,423
  • Jan 29, 2024 7:27am Jan 29, 2024 7:27am
Quoting andvk74
Still the same plan on the DAILY for this week {image}
TARGET reached. Now it's important to wait for the DAILY candle to close.
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  • #187,424
  • Jan 29, 2024 7:29am Jan 29, 2024 7:29am
Sell Low ?
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Holy Betting Grail strategy
  • #187,425
  • Jan 29, 2024 7:34am Jan 29, 2024 7:34am
Quoting yvestrcz
{quote} {image} The price objective is quite obvious: test of the major resistance...
Okay, this pattern is invalidated as it is drawn, but does not have to be lost, just redrawn as we just may have a new low of the bottom.
(I am able to admit I was wrong, but perhaps not entirely wrong).
From my perspective, it is now crucial if 1.0800 holds (it was already pearced but it is not the ultimate bears' victory yet).
If it does not hold, though, then the price is going to drop a whole lot lower for certain.
  • #187,426
  • Jan 29, 2024 7:52am Jan 29, 2024 7:52am
LEVEL } 1.07958/1.07888, there may be pullback support, as at the moment, I have no interest in opening trade, I intend to sell due to the break of support, but it would be interesting to wait for the D1 candle to close today to be more sure of the direction.
In my view, the price exceeds 50% of its movement if the main support is 1.06379.
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"No pain no gain"
  • #187,427
  • Jan 29, 2024 8:09am Jan 29, 2024 8:09am
Come on baby!
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  • #187,428
  • Jan 29, 2024 8:42am Jan 29, 2024 8:42am
Quoting fxcontest
Sell Low ? {image}
TP all

Starting Long
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Holy Betting Grail strategy
  • #187,429
  • Jan 29, 2024 8:44am Jan 29, 2024 8:44am
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  • #187,430
  • Jan 29, 2024 9:11am Jan 29, 2024 9:11am
EU took another tumble tripping over its own feet and landing at a new low of below 1.0800 in a quiet market without news releases driving this move, weak eurozone economy and geopolitics drama are the main reason for the drop and if, nothing supports it near term then it can continue its drift to the downside.

Will the EU find its footing and make a comeback, or will it continue to stumble its way through the market? Only time will tell!

Time to close for the day, tomorrow will be a new adventure of the eu saga, lets hope its going to be good or else... to be continued
Looking for profitable short term trades ...|
  • #187,431
  • Jan 29, 2024 9:57am Jan 29, 2024 9:57am
Based on H1, I marked ~1.0819 as nearest resistance and we are still below it: so no buying, still sell mode for me!
Focus only on what truly matters!
  • #187,432
  • Jan 29, 2024 10:01am Jan 29, 2024 10:01am
...and also: never forget the DAILY target: ~1.0728! We are not there yet... Patience!
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Focus only on what truly matters!
  • #187,433
  • Jan 29, 2024 10:03am Jan 29, 2024 10:03am
What's up, folks. I haven't posted in a while so I thought I'd chime in.

Been slowly scaling in long the past few trading days with light buys. Avg position is at around 1.0840, but as we penetrate the Order (odor) Block, longs will be weightier. Looking at the heavy news this week and expecting a large bounce higher.

SL is very wide as I'm looking at this from a swing trade perspective. If I'm wrong then SL will take care of it. Primarily targeting the equal highs at around 1.10, but I'd like to hold some for a return trip to 1.13, which may or may not happen. Let's see.
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  • #187,434
  • Jan 29, 2024 10:17am Jan 29, 2024 10:17am
I think tomorrow will rise up to close the gap and also close bullish in order to confuse traders before fomc.
Just be careful with your shorts and try to sell as high as you can.
Risk comes from not knowing what to do
  • #187,435
  • Jan 29, 2024 11:04am Jan 29, 2024 11:04am
For tomorrow

We should expect bull attacks till 1.09016
It's best to wait for that zone before selling

P.s. My previous sell limit @ 1.08702 has been deleted
Risk comes from not knowing what to do
  • #187,436
  • Jan 29, 2024 11:33am Jan 29, 2024 11:33am
Quoting pedro319
Come on baby! {image}
The price is locked at 1.07959,
Perhaps in Tuesday's opening the dirty team will open a gap again to break the support of the yellow line.
Let's see if the Bulls are willing to defend!
What I am observing and analyzing is:
If the blue line of the equidistance channel, drawn at "start", the price closed above it on Friday, but the Gap caused its break today...
"And today" the price followed the same pattern as on 11, nov, 2023... This could be a sign of Reversal, ( thinking here).
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At the moment this yellow line will be my first support.
"No pain no gain"
  • #187,437
  • Jan 29, 2024 12:01pm Jan 29, 2024 12:01pm
Quoting JBRolim
{quote} The price is locked at 1.07959, Perhaps in Tuesday's opening the dirty team will open a gap again to break the support of the yellow line. Let's see if the Bulls are willing to defend! What I am observing and analyzing is: If the blue line of the equidistance channel, drawn at "start", the price closed above it on Friday, but the Gap caused its break today... "And today" the price followed the same pattern as on 11, nov, 2023... This could be a sign of Reversal, ( thinking here). {image} At the moment this yellow line will...
The reason I keep buying is that reversal could start from anywhere!
We watch the charts from every angle so you don't have to!!
  • #187,438
  • Jan 29, 2024 12:03pm Jan 29, 2024 12:03pm
Quoting Ultras
1st Buy for me today 1.07988
I closed 80% of the position here @ 1.08300, about 30 pips
  • #187,439
  • Jan 29, 2024 12:06pm Jan 29, 2024 12:06pm
Quoting pedro319
{quote} The reason I keep buying is that reversal could start from anywhere!
...
Next station 1.12517 for swing trade?
"No pain no gain"
  • #187,440
  • Jan 29, 2024 12:39pm Jan 29, 2024 12:39pm
Quoting JBRolim
{quote} ... Next station 1.12517 for swing trade?
Confluence areas attract price most times so, 1.0940-45 needs testing.
We watch the charts from every angle so you don't have to!!
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