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  • #3,501
  • Jul 10, 2024 7:47am Jul 10, 2024 7:47am
Quoting ahmerjamil
{quote} {quote} I will be wait until then... {image} {image}
if CPI data is cooler than expected, we might see a burst to the upside and as I said before institutional traders don’t care what Jerome says unless his arguments are back up by some data. Anyway I will stop fighting with the trend for now and will wait for a proper setup
  • #3,502
  • Jul 10, 2024 8:00am Jul 10, 2024 8:00am
Before CPI release, the price may break up 1.0840 by tomorrow and from there we might either see a strong upward trend or a strong reversal to the downside.
  • #3,503
  • Jul 10, 2024 8:03am Jul 10, 2024 8:03am
Price is closing below 1.0828 I wait to see 1.0808 at least as long as it stays and closes below.
Looking for profitable short term trades ...|
  • #3,504
  • Jul 10, 2024 8:06am Jul 10, 2024 8:06am
The MACD has turned positive which shows shift of momentum to the upside that’s why we see more bulls power than bears.
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  • #3,505
  • Jul 10, 2024 8:06am Jul 10, 2024 8:06am
Quoting Js3mwtRc
Price is closing below 1.0828 I wait to see 1.0808 at least as long as it stays and closes below.
The annoying thing is that today was supposed to be a sell but they bought it up. Yesterday was supposed to be a buy but they sold/ranged it down. This simply means a spike is mist likely waiting to happen.
  • #3,506
  • Jul 10, 2024 8:09am Jul 10, 2024 8:09am
Quoting Mitiblotch
{quote} The annoying thing is that today was supposed to be a sell but they bought it up. Yesterday was supposed to be a buy but they sold/ranged it down. This simply means a spike is mist likely waiting to happen.
it looks like they are playing ping pong game
  • #3,507
  • Jul 10, 2024 8:16am Jul 10, 2024 8:16am
Anyway I have bought EU at 1.0822 with tight SL. Let’s see if it works for me I have strong feelings that tomorrow or day after tomorrow we are going to see 1.0930
  • #3,508
  • Jul 10, 2024 8:20am Jul 10, 2024 8:20am
Quoting rehmatkhan00
Anyway I have bought EU at 1.0822 with tight SL. Let’s see if it works for me I have strong feelings that tomorrow or day after tomorrow we are going to see 1.0930
Nooooooooooooo!
Stop Procrastinating
  • #3,509
  • Jul 10, 2024 8:23am Jul 10, 2024 8:23am
I see a reoccurring theme on daily. Ups & Downs met at resistance & trendlines followed by indecisiveness & then a turn around. I could be wrong, but bulls are struggling at a important resistance of 1.084 for a few days now. Trump also as many people may disagree, if he wins the USD may get some strength. With his showing on the debate, & chances of him seemingly higher, USD may get a kick & we retest 1.06, however CPI data will only either help a continuation up which will be met by heavy resistance at 1.09 or we will go down from this area of with top around 1.084-1.085. Currently moving sideways so no point in jumping in, unless you sold at the top, or have confidence this will continue up according to your strategy. There is a possibility of 1.10 from the last weekly candle, however a nice retracement to 1.078 would help continue that up.

P.S. I have been on a social media, internet, & phone detox for a few weeks so I have been MIA
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,510
  • Jul 10, 2024 8:28am Jul 10, 2024 8:28am
Quoting Mitiblotch
{quote} The annoying thing is that today was supposed to be a sell but they bought it up. Yesterday was supposed to be a buy but they sold/ranged it down. This simply means a spike is mist likely waiting to happen.
Have that feeling too!
Looking for profitable short term trades ...|
  • #3,511
  • Jul 10, 2024 8:29am Jul 10, 2024 8:29am
Quoting Fxgfitking
I see a reoccurring theme on daily. Ups & Downs met at resistance & trendlines followed by indecisiveness & then a turn around. I could be wrong, but bulls are struggling at a important resistance of 1.084 for a few days now. Trump also as many people may disagree, if he wins the USD may get some strength. With his showing on the debate, & chances of him seemingly higher, USD may get a kick & we retest 1.06, however CPI data will only either help a continuation up which will be met by heavy resistance at 1.09 or we will go down from this area of...
Ohhhhh my brother, Where have you been, Well I am so glad to see youh, Welcome!
Stop Procrastinating
  • #3,512
  • Jul 10, 2024 8:29am Jul 10, 2024 8:29am
Quoting Fxgfitking
I see a reoccurring theme on daily. Ups & Downs met at resistance & trendlines followed by indecisiveness & then a turn around. I could be wrong, but bulls are struggling at a important resistance of 1.084 for a few days now. Trump also as many people may disagree, if he wins the USD may get some strength. With his showing on the debate, & chances of him seemingly higher, USD may get a kick & we retest 1.06, however CPI data will only either help a continuation up which will be met by heavy resistance at 1.09 or we will go down from this area of...
Indeed you where lost! Nice to see you back and your analysis, accurate as always!
Looking for profitable short term trades ...|
  • #3,513
  • Jul 10, 2024 8:38am Jul 10, 2024 8:38am
Quoting ahmerjamil
{quote} Nooooooooooooo!
just for scalp purpose bro
  • #3,514
  • Jul 10, 2024 8:40am Jul 10, 2024 8:40am
Quoting rehmatkhan00
{quote} just for scalp purpose bro
Hah, Okay okay!
Stop Procrastinating
  • #3,515
  • Jul 10, 2024 8:43am Jul 10, 2024 8:43am
Btw, I did not hear Powell's speech, What did he say?
Stop Procrastinating
  • #3,516
  • Jul 10, 2024 8:56am Jul 10, 2024 8:56am
The EUR/USD is currently trading within a range similar to yesterday's, following the absence of any new information from Fed Chair Jerome Powell, who reiterated previous statements. With the market now preparing for the upcoming US CPI and jobless claims data tomorrow, any substantial deviation from the consensus estimates could potentially drive the currency pair higher towards 1.0862/65 or even closer to 1.0900. Conversely, weaker than expected data might result in a decline to 1.0765 or 1.0745, depending on the release's momentum and any other news that may influence the market at that time or after.

Have a fantastic trading rest of the day! See you tomorrow again!
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Looking for profitable short term trades ...|
  • #3,517
  • Jul 10, 2024 9:01am Jul 10, 2024 9:01am
If 1.0820 level holds then the price might go to 1.0840-45 In Sha Allah.
  • #3,518
  • Jul 10, 2024 9:02am Jul 10, 2024 9:02am
Quoting ahmerjamil
Btw, I did not hear Powell's speech, What did he say?
I think they muted him
  • #3,519
  • Jul 10, 2024 9:03am Jul 10, 2024 9:03am
Quoting rehmatkhan00
{quote} I think they muted him
Stop Procrastinating
  • #3,520
  • Jul 10, 2024 9:18am Jul 10, 2024 9:18am
Quoting Fxgfitking
I see a reoccurring theme on daily. Ups & Downs met at resistance & trendlines followed by indecisiveness & then a turn around. I could be wrong, but bulls are struggling at a important resistance of 1.084 for a few days now. Trump also as many people may disagree, if he wins the USD may get some strength. With his showing on the debate, & chances of him seemingly higher, USD may get a kick & we retest 1.06, however CPI data will only either help a continuation up which will be met by heavy resistance at 1.09 or we will go down from this area of...

nice to see you, mate!
I'll Sell when price is heading to Hell
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