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  • #3,601
  • Jul 11, 2024 7:20am Jul 11, 2024 7:20am
Exactly what I mentioned happened. I had 1.08550 targeted & it went past it slightly. Now if CPI comes good it should follow the normal daily pattern & have a retracement orrrr this can continue up next decent resistance 1.087 & 1.088. I'm hoping we go down There are a TON of supports on the way down, so I don't expect an quick ride down, that's just me I could be wrong.

Also I have Oversold Notices on M15, M30,H1, & almost on H4 so a retracment could be in play soon if not - the magnet just grows bigger.
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If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,602
  • Jul 11, 2024 7:21am Jul 11, 2024 7:21am
Traders, CPI is coming, Camera roll_____!
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Please use StopLoss...
Stop Procrastinating
  • #3,603
  • Jul 11, 2024 7:24am Jul 11, 2024 7:24am
The general sentiment wants to see the price at 1.0700.
Will we see new highs, or will the price move towards what the general sentiment prefers?
Or will the bulls continue to push the prices higher with their pointed horns, reaching 1.0900?
We'll keep watching and see after the news.
Successful trading is knowing yourself, not the market.
demo5 All Time Return: 177.6%
  • #3,604
  • Jul 11, 2024 7:26am Jul 11, 2024 7:26am
[quote=Dollar74;14922146]{quote}

1.0850/55 should be a place for selling. Bears should protect bulls at this level. Otherwise, we are gradually going ahead to 1.0880.

I think bears should join at this level. I may be wrong. Let's see.
  • #3,605
  • Jul 11, 2024 7:34am Jul 11, 2024 7:34am
Quoting ahmerjamil
Traders, CPI is coming, Camera roll_____! {image} {image}Please use StopLoss...
Action!
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Stop Procrastinating
  • #3,606
  • Jul 11, 2024 7:35am Jul 11, 2024 7:35am
Well that went up quick! lol past both resistances I had in mind. This thing i way oversold I guess one thing is certain you can not expect green USD Data anymore. It has been weeks! lol
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,607
  • Jul 11, 2024 7:35am Jul 11, 2024 7:35am
Looks like bulls took out the optimism out of bears this time!

1.0916 possible if price gets out of this channel edge!
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Looking for profitable short term trades ...|
  • #3,608
  • Jul 11, 2024 7:36am Jul 11, 2024 7:36am
H4:
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Stop Procrastinating
  • #3,609
  • Jul 11, 2024 7:37am Jul 11, 2024 7:37am
They hit a target so quick - Many sellers will jump now to sell. This should be interesting where it tops out. Currently at one of the near by one of the resistances I mentioned 1.0884

I'm sure they just cleared out a ton of Stop Losses & have freed up much liquidity to continue up without coming down. The question is how many buyers will buy EUR 1.08 near 1.09 & demand dwindles the higher we go.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,610
  • Jul 11, 2024 7:40am Jul 11, 2024 7:40am
Quoting RedAllOver
Here's my headline top for the EU from July 5 > https://www.forexfactory.com/thread/...1#post14922221 .... and here it is today: low resistance liquidity end & bearish order block from Jun 12. At this point, I would expect a run on the EU. However, as so many have said the CPI is expected to have a big (unpredictable) impact following Powell's testimony so personally I'll be staying out of the water . Good luck traders. {image}
Good call lol
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #3,611
  • Jul 11, 2024 7:44am Jul 11, 2024 7:44am
Quoting ahmerjamil
H4: {image}
H1:
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Stop Procrastinating
  • #3,612
  • Jul 11, 2024 7:50am Jul 11, 2024 7:50am
Where is the moon
By the way, you can enjoy the journey to the earth with x/JPY with 100% BoJ intervention
  • #3,613
  • Jul 11, 2024 7:54am Jul 11, 2024 7:54am
Quoting ahmerjamil
{quote} H1: {image}
If it breaks, Next H1 TL Resistance sitting around at 1.0930/40/50!
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Stop Procrastinating
  • #3,614
  • Jul 11, 2024 7:58am Jul 11, 2024 7:58am
Boom ...

Shorts on the way?
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Don't you know that I'm loco ...
  • #3,615
  • Jul 11, 2024 8:01am Jul 11, 2024 8:01am
AHMER...
change logo please!
I'll Sell when price is heading to Hell
  • #3,616
  • Jul 11, 2024 8:03am Jul 11, 2024 8:03am
Quoting braintec
AHMER... change logo please!
Absolutely right you said, Bears broke heart my heart!
Stop Procrastinating
  • #3,617
  • Jul 11, 2024 8:06am Jul 11, 2024 8:06am
It looks like the Bank of Japan is now in the game. There's a saying: "One man's misfortune is another man's gain!"
Successful trading is knowing yourself, not the market.
demo5 All Time Return: 177.6%
  • #3,618
  • Jul 11, 2024 8:07am Jul 11, 2024 8:07am
Yesssssssssssssssa yessssssssss just saw my order go bulls go
  • #3,619
  • Jul 11, 2024 8:10am Jul 11, 2024 8:10am
1.0920-40 soon In Sha Allah
  • #3,620
  • Jul 11, 2024 8:10am Jul 11, 2024 8:10am
Quoting ahmerjamil
{quote} H1: {image}
If these come down, Important support at 1.0841 + H1 FVG + 0.618 FIB...
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Stop Procrastinating
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