I'm new here. My first FOREX Forum, I've been studying for 8 months and of course I haven't had a positive month yet but I'll try my best.
I won't say any names...
We watch the charts from every angle so you don't have to!!
- #192,261
- Mar 19, 2024 10:08am Mar 19, 2024 10:08am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
I won't say any names...
- #192,262
- Mar 19, 2024 10:09am Mar 19, 2024 10:09am
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
{quote} Monthly and weekly trends are inside a corrective stage but strongly bearish!*Also note: Today's DAILY candle needs a close above 1.0860 at least to stop or slow down this drop.
WARNING: This post warps space and time in its vicinity.
- #192,263
- Mar 19, 2024 10:09am Mar 19, 2024 10:09am
I'm new here. My first FOREX Forum, I've been studying for 8 months and of course I haven't had a positive month yet but I'll try my best.
When you don't know where your going, any road will take you there.
- #192,264
- Mar 19, 2024 10:16am Mar 19, 2024 10:16am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,419 Posts
Recovered some ground but still bearish, if it doesn't attack the highs fast now it will stay in trouble...maybe the bears are just getting ready for a deeper drawdown to below 1.0800 and that gentleman tomorrow is the reason to stay down. 
Looking for profitable short term trades ...|
- #192,267
- Mar 19, 2024 10:47am Mar 19, 2024 10:47am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #192,268
- Mar 19, 2024 11:50am Mar 19, 2024 11:50am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
That's all the pull back, 
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #192,269
- Mar 19, 2024 12:05pm Mar 19, 2024 12:05pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,419 Posts
It appears that EU is under pressure as traders anticipate a potentially hawkish stance from the upcoming FOMC meeting. The pair has dropped to a low of 1.0935, signaling a bearish sentiment among market participants. 
After the drop EU recovered some ground, thanks to better than expected German ZEW sentiment data. The positive results signal potential growth in the German economy, which can have a significant impact on the Eurozone as a whole.
However, it's important to remember that the market's overall sentiment can shift quickly, especially in response to major economic events like the FOMC decision.
Watching technical indicators and fundamentals is a way to better understand the potential direction of EU in the near future.
Sharing knowledge and discussing market dynamics are some of the most rewarding aspects of trading. It's always great to have a sounding board and learn from each other's perspectives. I look forward to our next chat and the opportunity to explore the markets further!
Have a great rest of your day!
15 min
After the drop EU recovered some ground, thanks to better than expected German ZEW sentiment data. The positive results signal potential growth in the German economy, which can have a significant impact on the Eurozone as a whole.
However, it's important to remember that the market's overall sentiment can shift quickly, especially in response to major economic events like the FOMC decision.
Watching technical indicators and fundamentals is a way to better understand the potential direction of EU in the near future.
Sharing knowledge and discussing market dynamics are some of the most rewarding aspects of trading. It's always great to have a sounding board and learn from each other's perspectives. I look forward to our next chat and the opportunity to explore the markets further!
Have a great rest of your day!
15 min
Looking for profitable short term trades ...|
- #192,270
- Mar 19, 2024 12:05pm Mar 19, 2024 12:05pm
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
Longing is the way to goBuying every dip
2.5% today. Not bad
WARNING: This post warps space and time in its vicinity.
- #192,273
- Mar 19, 2024 12:09pm Mar 19, 2024 12:09pm
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
It appears that EU is under pressure as traders anticipate a potentially hawkish stance from the upcoming FOMC meeting. The pair has dropped to a low of 1.0935, signaling a bearish sentiment among market participants.
WARNING: This post warps space and time in its vicinity.
- #192,274
- Mar 19, 2024 12:10pm Mar 19, 2024 12:10pm
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} It's highly likely that we close above this level
Best wishes
Focus only on what truly matters!
- #192,275
- Mar 19, 2024 12:12pm Mar 19, 2024 12:12pm
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
{quote} Still, I prefer to wait for today's candle close and find out for myself. Thanks for your "opinion" though! Best wishes
Though my opinion doesn't matter much Price action does WARNING: This post warps space and time in its vicinity.
- #192,276
- Mar 19, 2024 1:04pm Mar 19, 2024 1:04pm
- Joined Feb 2012 | Status: Trader | 5,619 Posts
{quote} Still, I prefer to wait for today's candle close and find out for myself. Thanks for your "opinion" though! Best wishes
therefore I am hoping today's candle to close below Weekly Support1 @1.0852 and not to close above 1.0866 -Time for some Music
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #192,277
- Mar 19, 2024 1:42pm Mar 19, 2024 1:42pm
Off Topic..... In Trading terms, I can see Red and Green candles perfectly, In real life I can see clear sky is blue and (my) Carlsberg beer can is gold,,, But when the whole of British mainstream media tells me/us these two women are the Princes of Wales ? I get very edgy ---- why are the media and the whole establishment is lying ???{image}
When you don't know where your going, any road will take you there.
- #192,278
- Mar 19, 2024 1:48pm Mar 19, 2024 1:48pm
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We are not going to get the customary: -Why you buying?? - Why you buying?? The trend is bearish!!
I guess bears are starting to doubt but it's still early!!
I guess bears are starting to doubt but it's still early!!
We watch the charts from every angle so you don't have to!!
- #192,279
- Mar 19, 2024 1:53pm Mar 19, 2024 1:53pm
We are not going to get the customary: -Why you buying?? - Why you buying?? The trend is bearish!!
When you don't know where your going, any road will take you there.
- #192,280
- Mar 19, 2024 2:03pm Mar 19, 2024 2:03pm
- | Commercial User | Joined Jul 2013 | 7,881 Posts
{quote} I'm personally 50/50 at this moment
We watch the charts from every angle so you don't have to!!