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- Post #188,001
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- Feb 5, 2024 10:16am Feb 5, 2024 10:16am
- | Commercial Member | Joined Jul 2013 | 7,149 Posts
- Post #188,003
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- Feb 5, 2024 10:31am Feb 5, 2024 10:31am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,023 Posts
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- Post #188,004
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- Feb 5, 2024 10:45am Feb 5, 2024 10:45am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,023 Posts
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- Post #188,005
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- Feb 5, 2024 10:50am Feb 5, 2024 10:50am
I think we will see 1.05 in the near future!
- Post #188,006
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- Feb 5, 2024 10:59am Feb 5, 2024 10:59am
- Joined May 2014 | Status: Full Time Trader | 23,400 Posts
Be a seer, not a looker!
- Post #188,007
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- Feb 5, 2024 11:07am Feb 5, 2024 11:07am
- Joined Jan 2017 | Status: Member | 113 Posts
{quote}
Dreams don't work unless you do
RealDeal All Time Return:
-22.2%
- Post #188,008
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- Feb 5, 2024 11:08am Feb 5, 2024 11:08am
- Joined Jul 2011 | Status: Member | 1,359 Posts
- Post #188,009
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- Feb 5, 2024 11:09am Feb 5, 2024 11:09am
- Joined Jul 2011 | Status: Member | 1,359 Posts
- Post #188,010
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- Feb 5, 2024 11:11am Feb 5, 2024 11:11am
- | Commercial Member | Joined Jul 2013 | 7,149 Posts
Bought 25 wil add 13 and I am done for today.
If market wants to stop me out it will have to commit to some lower levels such as 1.05.
1.0734 D1 AB=CD
1.0725 M1 S1 pivot
1.0713 W1 61.8 Fib retracement.
So, if everything breaks there is no looking back.
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- Post #188,011
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- Feb 5, 2024 11:12am Feb 5, 2024 11:12am
- Joined Jul 2011 | Status: Member | 1,359 Posts
- Post #188,012
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- Feb 5, 2024 11:18am Feb 5, 2024 11:18am
- Joined Sep 2018 | Status: Trader Man | 1,575 Posts
The bears appealed with a Gap... looks like it's going down
"No pain no gain"
- Post #188,013
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- Feb 5, 2024 11:58am Feb 5, 2024 11:58am
When you don't know where your going, any road will take you there.
- Post #188,014
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- Feb 5, 2024 12:00pm Feb 5, 2024 12:00pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 12,023 Posts
Looks like the EUR/USD pair had a wild ride today, despite the morning news. The drop below 1.0780 to reach 1.0765 and then the collapse to the 1.0724 swing low suggests that there are significant bearish pressures at play.
The current consolidation around the 1.0724 level indicates that the market is taking a pause to catch its breath. However, as many of you pointed out, it's only a matter of time until we see a move outside the range.
Given the overall bearish sentiment, it seems like a good strategy to sell any upside move that you feel comfortable with, targeting the 1.0660/43/10 levels. These targets seem reasonable given the current market conditions.
As always, it's important to keep an eye on key resistance levels, such as 1.0780 and 1.0787, as they could act as potential hurdles for any upward price movement.
It's a challenging market environment right now, but with a well thought out trading plan and disciplined execution, you can navigate these volatile conditions successfully!
From me....
Have a wonderful evening!
The current consolidation around the 1.0724 level indicates that the market is taking a pause to catch its breath. However, as many of you pointed out, it's only a matter of time until we see a move outside the range.
Given the overall bearish sentiment, it seems like a good strategy to sell any upside move that you feel comfortable with, targeting the 1.0660/43/10 levels. These targets seem reasonable given the current market conditions.
As always, it's important to keep an eye on key resistance levels, such as 1.0780 and 1.0787, as they could act as potential hurdles for any upward price movement.
It's a challenging market environment right now, but with a well thought out trading plan and disciplined execution, you can navigate these volatile conditions successfully!
From me....
Have a wonderful evening!
Looking for profitable short term trades ...|
- Post #188,015
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- Feb 5, 2024 12:02pm Feb 5, 2024 12:02pm
When you don't know where your going, any road will take you there.
- Post #188,016
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- Feb 5, 2024 12:07pm Feb 5, 2024 12:07pm
Scalping
small stop loss ; ) All Time Return:
47.7%
- Post #188,018
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- Feb 5, 2024 12:45pm Feb 5, 2024 12:45pm
- Joined Jul 2011 | Status: Member | 1,359 Posts
