As the lights go by so too do the shadows move
- #196,102
- May 2, 2024 9:33am May 2, 2024 9:33am
- Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now
Focus only on what truly matters!
- #196,104
- May 2, 2024 10:19am May 2, 2024 10:19am
- Joined Feb 2024 | Status: Trader | 1,035 Posts | Online Now
- #196,105
- May 2, 2024 10:19am May 2, 2024 10:19am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts
Looking for profitable short term trades ...|
- #196,106
- May 2, 2024 10:35am May 2, 2024 10:35am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #196,108
- May 2, 2024 10:46am May 2, 2024 10:46am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #196,109
- May 2, 2024 10:54am May 2, 2024 10:54am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
>0645 Buy <0640 Sell..
>0692 Buy <0687 Sell..
>0728 Buy <0723 Sell..
>0720 Buy <0715 Sell..
>0700 Buy <0695 Sell..
..>0685 Buy <0680 Sell..
<0708 Sell
!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #196,110
- May 2, 2024 10:59am May 2, 2024 10:59am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,434 Posts
Based on recent news and analysis, the EUR/USD pair has been trading within a range of 1.0649 to 1.0732. The pair failed to break through the 1.0728 level today, indicating that market sentiment remains mixed. With the upcoming economic data release such as the NFP tomorrow the EUR/USD pair could experience increased volatility.
If the pair continues to trade below 1.0750, there is potential for a further decline towards the 1.0600 level. However, if negative NFP news from the US emerge, the pair may rally towards 1.0800. You should closely monitor the upcoming data release/s on the calendar and adjust your positions accordingly.
See you tomorrow, until then,
the tug of war continues.
Have a wonderful evening!
If the pair continues to trade below 1.0750, there is potential for a further decline towards the 1.0600 level. However, if negative NFP news from the US emerge, the pair may rally towards 1.0800. You should closely monitor the upcoming data release/s on the calendar and adjust your positions accordingly.
See you tomorrow, until then,
the tug of war continues.Have a wonderful evening!
Looking for profitable short term trades ...|
- #196,111
- May 2, 2024 11:35am May 2, 2024 11:35am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
... if you scalp do scalping ...
.. if you trade with more confirmation, wait for more confirmation and do not scalping that way ...
.. do better not mix in and out ...
.. if you trade with more confirmation, wait for more confirmation and do not scalping that way ...
.. do better not mix in and out ...
Perfection is the enemy of good enough!
- #196,113
- May 2, 2024 11:51am May 2, 2024 11:51am
What I see right now is that 1hour ago we had a run down to the order block, filling the insufficiency from yesterday. We can see a good jump from there.
On the Monthly, Weekly and Daily we are still in the discount. What I expect prior to the Dollar Index is the euro move up to fill 50% of the gap between 9th and 11th of April which is near the 50% of the Fib on the daily chart at 1.08000.
What I'd like to see in this hour on the 1H chart is a green candle and then price retrace down to 50% of the Fib or inside th inefficiency from the last 2 hours.
To be more exact on the 15m I see another inefficiency and I want to see price going to 1.06904 to 1.06924. If price reacts good off of this level I'll be a buyer on a bullish order block or a bullish inefficiency on the 1m/5m chart.
On the Monthly, Weekly and Daily we are still in the discount. What I expect prior to the Dollar Index is the euro move up to fill 50% of the gap between 9th and 11th of April which is near the 50% of the Fib on the daily chart at 1.08000.
What I'd like to see in this hour on the 1H chart is a green candle and then price retrace down to 50% of the Fib or inside th inefficiency from the last 2 hours.
To be more exact on the 15m I see another inefficiency and I want to see price going to 1.06904 to 1.06924. If price reacts good off of this level I'll be a buyer on a bullish order block or a bullish inefficiency on the 1m/5m chart.
GMT(+3)
- #196,114
- May 2, 2024 11:52am May 2, 2024 11:52am
- Joined Jul 2022 | Status: Trader | 1,412 Posts
Approaching resistance levels again
- #196,115
- May 2, 2024 11:52am May 2, 2024 11:52am
- Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now
Focus only on what truly matters!
- #196,117
- May 2, 2024 12:23pm May 2, 2024 12:23pm
- Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now
Focus only on what truly matters!
This is the bird's eye view on H4... When you know where you are, it is easier to track the direction... 1.0720 is crucial resistance (next would be 1.0742 and finally 1.0777) 1.0700 is crucial support (next would be 1.0666) {image}
you're the best
- #196,119
- May 2, 2024 12:37pm May 2, 2024 12:37pm
- Joined May 2014 | Status: Full Time Trader | 27,127 Posts | Online Now
And finally, my H1 chart: I am watching if bull power can beat 1.0722... I am inclined to sell this area but I delay entry a little... I know that 1.0714 is a handicap once we sell at 1.0722... So I wait for stronger bear signs or bull spikes that allow me to sell high... Let's see.. 
Focus only on what truly matters!
