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EURUSD only

Sold 81
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Quoting Ata-Turkoglu
Meanwhile on H4.. Bulls tried as anticipated and these are only the early signs that they might get rejected by the red zone. Nothing for sure yet as long as the 1.0850-ish support level works bulls will have the power to keep trying. Let's see... *Remember: step by step! {image}
On the money man! On the money.
Go bulls go, So that we can get sell entries!
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Stop Procrastinating
  • #194,264
  • Quote
  • Edited 10:00am Apr 9, 2024 9:10am | Edited 10:00am
Quoting Ironman777
{image} when it leaves without you after trimming your position
She's gonna have me do the dishes tonight if she finds out I did this...

Here comes the mental rehab.
Even though I know I left money on the table I don't regret a thing about the actions I took because I believe I acted in my own best interest.
Nothing else to do for me here but to wait for some retracement to load up to a full position. Long is still my bias.
I do have 5 lots well in profits but 25 is better and will wait for my sweet spot to reload.
Quoting ShahbazSyed
This is my view for the coming week. {image}
Told you so
Close to my short entry. Pending short placed at 1.0890. I need a spike to get to it. It's either it or it. Not entering a pip lower (I wish).
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0880 - 0883 Short Short Short

But was Long 0860 - 0863
Quoting MRZ0098
based on what I see, 1.0724 was/is the low and we are currently aiming for 1.094X maybe even 1.1 or even higher. IF YOU ARE SELLING, BE CAREFULL CAUSE THE TREND IS BULLISH AND DIRECTION MIGHT ONLY BE ON SIDEWAYS FOR NEXT 24-36 Hours Highly unlikely that 1.0724 breaks before a previous high break. Worth nothing, that at some point 1.0724 MUST break - but you never know when so for now focused on buying lows

if price drops, just buy buy buy! don't even bother your mind thinning to sell. this move must reach 1.094X or with some luck 1.1.
From my point of view, I'll be holding LONG because I don't think they'll be coming down anytime soon. But it's the market, anything is possible. H4 Time Frame on this chart.
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T2 1.08948
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How much you lose when you are wrong?
Okay.. finally bulls have reached the upper edge of the red zone I marked on H4 chart: 1.0885 area. These are the crucial moments to see when H1 divergence or rejection kicks in.

Careful here!
Be a seer, not a looker!
Finding this very difficult too slow for me I'm out for today before I lose more! Probably shoot off in either direction now . Good luck out there peoples!!
Quoting pedro319
Sold 81
If price continues higher I will continue selling, risking total 3%. Stops just above 1.0925
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Based on 4 DXY
Am I the only one who thinks we are in a bull trap?
I think the DXY will start to rise with the CPI tomorrow.
When I look at the correlation, it confirms this idea but I cannot share them due to thread rules.
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traders helps traders
Quoting mustafayucel
Based on 4 DXY Am I the only one who thinks we are in a bull trap? I think the DXY will start to rise with the CPI tomorrow. When I look at the correlation, it confirms this idea but I cannot share them due to thread rules. {image}
Surely if DXY goes up EUR goes down?
Is that a Bull Trap? Sorry dont know all the terminology
Quoting Ata-Turkoglu
Okay.. finally bulls have reached the upper edge of the red zone I marked on H4 chart: 1.0885 area. These are the crucial moments to see when H1 divergence or rejection kicks in. Careful here!
Wow. On target. Starting to see a little of divergence on 4hr. Still early but not bad.
Quoting Kiwifrance
{quote} Surely if DXY goes up EUR goes down?
What I mean is: the pairs I follow are correlationally mismatched.
We all know that the whole market is an interconnected puzzle.
Which gives me a bearish signal.(For EU)
That's why I think we are in a bull trap for the DXY.
traders helps traders
Eu could stay here at the trendline and drop to 1.0850...or advance to 1.0900

1 hour
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Quoting Js3mwtRc
{quote} Update Eu is trading between 1.0877, 1.0791, 10 and 20 ma's on the daily chart. 1.0880/90 should hold the upside for now and eu as long as this high zone stays intact without the price rising above must test the lower level of 1.0791 but 10 ma may hold. {image}
Into the hotspot, waiting for further price action signals.

Daily
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Quoting MRZ0098
{quote} if price drops,
You mean When..
Quoting MRZ0098
{quote}just buy buy buy! don't even bother your mind thinning to sell. this move must reach 1.094X or with some luck 1.1.
MUST?

I shorted too early and got taken out at BE

Shorted again at a higher level - awaiting the ineviatable
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