4H is a sell. TP ADR low.
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- #196,444
- May 9, 2024 1:22am May 9, 2024 1:22am
- Joined May 2014 | Status: Full Time Trader | 27,214 Posts | Online Now
Wow... Still stuck at 1.0743.... Yawn! More sleep time then 
Focus only on what truly matters!
- #196,446
- May 9, 2024 1:29am May 9, 2024 1:29am
- | Commercial User | Joined Mar 2024 | 1,213 Posts
MQA Approved FX Trainer -
- #196,447
- May 9, 2024 1:34am May 9, 2024 1:34am
{quote} after 64 hours and 21 minutes finally seem some good green pips
Shifting gears in my trading strategy! Hey traders! Just a quick update: I've decided to adjust my last trade's stop loss to ensure I protect my gains. The new stop loss for that trade is now at 1.07541.
But guess what? While monitoring the charts, I've spotted a new potential sell setup with an attractive risk-reward ratio.
Here are the details:
Sell Trade Setup Entry Price: 1.07518Stop Loss: 1.07541
Take Profit: Trail your SL
This setup offers a high-risk reward ratio, which is exactly what we look for. Plus, I'm planning to increase my position if the price hits 1.07518.
Let's see how this trade unfolds!
- #196,448
- May 9, 2024 1:35am May 9, 2024 1:35am
- Joined May 2014 | Status: Full Time Trader | 27,214 Posts | Online Now
Quick H1 Outlook
- Today's plan is to stick to bears: as long as price stays below ~1.0759-ish area!
- We might face some support around ~1.0733, but I think eventually price will drop to ~1.0688 levels...
Happy trading day to all 
Focus only on what truly matters!
Quick H1 Outlook Today's plan is to stick to bears: as long as price stays below ~1.0759-ish area! We might face some support around ~1.0733, but I think eventually price will drop to ~1.0688 levels... Happy trading day to all
Agreed has been my mindset for about 64hrs 21min...
Still have my 713 limit but going to keep an eye for that 685-95 area as well.
Remember, WHY you are doing this...
- #196,452
- May 9, 2024 2:42am May 9, 2024 2:42am
- Joined May 2014 | Status: Full Time Trader | 27,214 Posts | Online Now
Critical moments for the day: Can bears break through 1.0733? Let's see... 
Focus only on what truly matters!
- #196,453
- May 9, 2024 2:43am May 9, 2024 2:43am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,029 Posts
Quick H1 Outlook Today's plan is to stick to bears: as long as price stays below ~1.0759-ish area! We might face some support around ~1.0733, but I think eventually price will drop to ~1.0688 levels... Happy trading day to all
Patience, Emotion Control and Discipline.
- #196,454
- May 9, 2024 2:54am May 9, 2024 2:54am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,468 Posts
EUR/USD continued the consolidation phase between 1.0735 - 1.0757 at the Asian session if, EU breaks should reach next, above the range at 1.0765 for a test and down and below at 1.0725. More power there after from bears or bulls should be treaded accordingly - see 1 hour chart. Daily volatility (range) 38 pips Option expiries for Monday: 1.0625 (EU1.29b), 1.0800 (EU1.18b), 1.0775 (EU1.07b) source: financialjuice.com Significant news - US Initial Jobless Claims {image} Green pips!
Looking for profitable short term trades ...|
- #196,456
- May 9, 2024 3:28am May 9, 2024 3:28am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
Bulls are very to be conquered and breathing the last breath 
- #196,458
- May 9, 2024 3:38am May 9, 2024 3:38am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,029 Posts
Patience, Emotion Control and Discipline.
- #196,460
- May 9, 2024 3:53am May 9, 2024 3:53am
- Joined May 2014 | Status: Full Time Trader | 27,214 Posts | Online Now
Focus only on what truly matters!