EU running like headless chicke, dunno when and where we are gonna get a sell opportunity
1
- #3,783
- Jul 12, 2024 9:43am Jul 12, 2024 9:43am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
Looking for profitable short term trades ...|
- #3,784
- Jul 12, 2024 9:44am Jul 12, 2024 9:44am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
EU running like headless chicke, dunno when and where we are gonna get a sell opportunity
{quote} Here is a TL resistance, If it breaks, we can watch 1.0916, With MACD Hidden Divergence conformation...!{image}
Stop Procrastinating
- #3,785
- Jul 12, 2024 9:44am Jul 12, 2024 9:44am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
EU running like headless chicke, dunno when and where we are gonna get a sell opportunity
{quote} brother it is very simple, stop fighting the main trend and follow it wherever it takes you and sell it and it makes a clear a strong resistance. If you try to force it in your direction, you will always end bleeding because it does not care about us and if they want to do something, they will do it. I hope it helps you
- #3,788
- Jul 12, 2024 9:57am Jul 12, 2024 9:57am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
Welcome back to 1.0900
let's see if bulls can hold it after reclaiming
let's see if bulls can hold it after reclaiming - #3,789
- Jul 12, 2024 10:01am Jul 12, 2024 10:01am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
{quote} yeah brother, I hedged my shorts, even with divergence in many time frames, pivot resistances, it's just running up when market has not much bullish volume and the same time refuses to take even a 0.38% fib ret, just feels like this headless chicken dance is gonna crash to the ground
- #3,790
- Jul 12, 2024 10:08am Jul 12, 2024 10:08am
{quote} brother it is very simple, stop fighting the main trend and follow it wherever it takes you and sell it and it makes a clear a strong resistance. If you try to force it in your direction, you will always end bleeding because it does not care about us and if they want to do something, they will do it. I hope it helps you
a lot to know and understando. you all rock.
- #3,791
- Jul 12, 2024 10:12am Jul 12, 2024 10:12am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
{quote} good advice Mr. Rehmatkhan00. a lot to know and understando. you all rock.
- #3,792
- Jul 12, 2024 10:19am Jul 12, 2024 10:19am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Traders, Now look at this, (Bearish) Hidden MACD Divergence is forming in H4!
Same H4!
Stop Procrastinating
- #3,793
- Jul 12, 2024 10:36am Jul 12, 2024 10:36am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
They pushed up above 1.0900 only to drop now! Maybe they go out for the weekend and then take out 1.0930 next week who knows! Who ever buys up here has some 
Looking for profitable short term trades ...|
- #3,794
- Jul 12, 2024 10:38am Jul 12, 2024 10:38am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
They pushed up above 1.0900 only to drop now! Maybe they go out for the weekend and then take out 1.0930 next week who know! Who ever buys up here has some
of steel
- #3,795
- Jul 12, 2024 10:43am Jul 12, 2024 10:43am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
{quote} they must be having
Looking for profitable short term trades ...|
- #3,796
- Jul 12, 2024 10:45am Jul 12, 2024 10:45am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
{quote} And pockets too!
yup they must be incredible creatures - #3,797
- Jul 12, 2024 10:57am Jul 12, 2024 10:57am
- Joined Sep 2017 | Status: Trader | 11,345 Posts
{quote} Listen, A same Divergence in my 3 TF!
- #3,798
- Jul 12, 2024 11:04am Jul 12, 2024 11:04am
- Joined Jan 2021 | Status: Trader | 2,622 Posts
{quote} The criminals can see the divergence. They won't drop until everyone gives up. That's why entering small lots is good. You wait it out while scalping the direction of the fake trend. Lol
- #3,799
- Jul 12, 2024 11:07am Jul 12, 2024 11:07am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
EUR/USD pair witnessed an upward movement earlier today, reaching a high of 1.0892. However, hotter than expected PPI data caused the pair to drop down to a support level of 1.0873. Despite this initial setback, the euro managed to recover its losses, and the release of the UoM provided an additional boost, pushing the EUR/USD up to 1.0910.
Subsequently, the pair experienced some retracement, trading slightly lower near the 1.0900 level. At present, it appears that the bulls are in control, aiming for higher prices. Yet, if the EUR/USD fails to maintain its position above the 1.0900 round number, it could potentially prompt traders to reposition and move lower. As always, staying vigilant and keeping an eye on market developments is essential for informed trading decisions.
Have a beautiful weekend! See you again next week!
Subsequently, the pair experienced some retracement, trading slightly lower near the 1.0900 level. At present, it appears that the bulls are in control, aiming for higher prices. Yet, if the EUR/USD fails to maintain its position above the 1.0900 round number, it could potentially prompt traders to reposition and move lower. As always, staying vigilant and keeping an eye on market developments is essential for informed trading decisions.
Have a beautiful weekend! See you again next week!
Looking for profitable short term trades ...|
I am glad I stayed out. I expected a drop after the data, but I had a feeling with it being Friday that it would not make sense & they would leave for the weekend tricking most. Most of my analyses showed a reversal/retracement around 1.089-1.09 & the data was the icing on the cake for that. Once I saw the sweep & quick push back up I knew they would continue up, but I did not want to jump up, because buying currently does not feel justified for me. Today has been pretty boring otherwise for the pair. I still have huge overbought signals as well. I do not doubt EUR can go up more, however I want to see a retracement first before any long decisions are made.
I had a sell limit at 1.091 & it opened so let's see. I already changed the SL to break even because I don't trust the trend I would like to see it test 1.087 & see how it responds there. Support was 1.09024 & we passed it for now, but will re-test as resistance.
I had a sell limit at 1.091 & it opened so let's see. I already changed the SL to break even because I don't trust the trend
I would like to see it test 1.087 & see how it responds there. Support was 1.09024 & we passed it for now, but will re-test as resistance.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.