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EURUSD only

  • #194,381
  • Apr 10, 2024 5:25am Apr 10, 2024 5:25am
Quoting Kodzhamanov
The price action looks like a tennis player performing a serve. First, throw the ball high so can smash it after that {image}
It can rise significant! The only thing that worries me is that latelly it always drops to fill more buyers and the advance up is slow. Else it can shoot up above 1.0900 in bad us cpi numbers!
Looking for profitable short term trades ...|
  • #194,382
  • Apr 10, 2024 5:50am Apr 10, 2024 5:50am
Far far away... I see them coming... patience
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Focus only on what truly matters!
  • #194,383
  • Apr 10, 2024 5:52am Apr 10, 2024 5:52am
Quoting Js3mwtRc
{quote} It can rise significant! The only thing that worries me is that latelly it always drops to fill more buyers and the advance up is slow. Else it can shoot up above 1.0900 in bad us cpi numbers!
This is just my feeling, it is not based on any data at all, that if we expected bad CPI the price now would move slightly lower below yesterday's low so it can skyrocket after that. Of course just gut feeling, I can be completely wrong, the chances are 50/50
Dreams don't work unless you do
RealDeal All Time Return: -73.9%
  • #194,384
  • Apr 10, 2024 5:55am Apr 10, 2024 5:55am
Quoting ahmerjamil
1.0850! {image}
Good!
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Stop Procrastinating
  • #194,385
  • Apr 10, 2024 5:58am Apr 10, 2024 5:58am
Good morning everyone!
My prayers are also with all of those that have suffered and are involved in any way from any of the wars that are taking place.
  • #194,386
  • Apr 10, 2024 6:09am Apr 10, 2024 6:09am
Quoting Ata-Turkoglu
Far far away... I see them coming... patience {image}
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  • #194,387
  • Apr 10, 2024 6:16am Apr 10, 2024 6:16am
Quoting Mitiblotch
Scalp long 1.0855 for at least 20 pips. Don't follow, this is risky business. We currently have a bearish engulfing on the 4hr candle, although still open.
Closed this trade for just 8 pips profit. Price is moving slowly waiting for the slaughter. I won't be the pig.
  • #194,388
  • Edited 6:42am Apr 10, 2024 6:17am | Edited 6:42am
For today, I expect prices to dip into the 0830 ish area at news time and I also will be looking to fade that zone as well in order to continue to add towards a full position. If it doesn't dip then I'll add if the top gives way.
I DO NOT ADVICE ANYONE to buy, sell or trade like I do as there's always the risk of loosing money. Please do your own research and act accordingly.
If you don't know I have a remaining partial of my trade from last Friday in the form of 5 lots from 1.0800. I am using this partial to help finance and cover the stop loss for my intended position I want to build on this pair and trade higher from this levels...if it works fine, if it doesn't fine with me as well as no harm will be done to my account and even commissions will be covered.
For now Good luck to everyone and good trades to all
  • #194,389
  • Apr 10, 2024 6:46am Apr 10, 2024 6:46am
Quoting MichaelSch
{quote} .. wow you see the trap before it happen ... we will see ...
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It works..really...
  • #194,390
  • Apr 10, 2024 6:54am Apr 10, 2024 6:54am
Cleveland Fed nowcast CPI data as of April 9th:

Core CPI m/m: 0.31% v 0.30% est.
CPI m/m: 0.34% v 0.30% est
CPI y/y: 3.41% v 3.40% est.
Slightly stronger on all three forecasts and if accurate, this should push EUR/USD down.
1.0760 is a reasonable target if we also get hawkish FOMC Meeting Minutes later today.
95 cheeky pips
It's a big game.
  • #194,391
  • Apr 10, 2024 7:01am Apr 10, 2024 7:01am
Be careful this pre-news dive is the weak EUR all EUR pairs are dipping.
  • #194,392
  • Apr 10, 2024 7:03am Apr 10, 2024 7:03am
Won’t be trading today. I’m going to wait to see if price breaks 1.08 or 1.09 today. Then I’ll get in a good one tomorrow
  • #194,393
  • Apr 10, 2024 7:07am Apr 10, 2024 7:07am
A Sky-High Greeting from Mr. Bull! ...
Looking for profitable short term trades ...|
  • #194,394
  • Apr 10, 2024 7:13am Apr 10, 2024 7:13am
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  • #194,395
  • Apr 10, 2024 7:16am Apr 10, 2024 7:16am
15 mins before Mr Bear says hi.
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It's a big game.
  • #194,396
  • Apr 10, 2024 7:19am Apr 10, 2024 7:19am
Quoting fx6996
{image}
It will still be an 1986 song!
Looking for profitable short term trades ...|
  • #194,397
  • Apr 10, 2024 7:20am Apr 10, 2024 7:20am
Quoting funzodundee
15 mins before Mr Bear says hi. {image}
sir there is no data you can show to us bear will dominate , how it be ?
  • #194,398
  • Apr 10, 2024 7:22am Apr 10, 2024 7:22am
USDCAD will be shaking too.
  • #194,399
  • Apr 10, 2024 7:27am Apr 10, 2024 7:27am
If CPI is hotter again I think the EURUSD drop will be larger than previous disappointments. BUCKLE UP.
  • #194,400
  • Apr 10, 2024 7:30am Apr 10, 2024 7:30am
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