Still watching the water but I'm not seeing an entry today ... Tomorrow we go again
I've just entered a short, such a dufus
Don't you know that I'm loco ...
- #4,803
- Aug 6, 2024 10:45am Aug 6, 2024 10:45am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
{quote} I've just entered a short, such a dufus
and beause i am a newbie
{quote} So the 2 of us are stupid, we are in the same boat. we Hinduism or navigate to perfection...
Green pips to you sir 
Don't you know that I'm loco ...
{quote} i will not say anything because i know what is going to happen before friday and beause i am a newbie
Tell me, what's the journey look like to Friday?
Don't you know that I'm loco ...
- #4,806
- Aug 6, 2024 10:49am Aug 6, 2024 10:49am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} i will not say anything because i know what is going to happen
{quote}beause i am a newbie
Of course
Stop Procrastinating
- #4,807
- Aug 6, 2024 10:52am Aug 6, 2024 10:52am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
{quote} An 11yr old ForexFactory newbie
- #4,808
- Aug 6, 2024 10:53am Aug 6, 2024 10:53am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
{quote} What is going to happen? {quote}
- #4,809
- Aug 6, 2024 10:54am Aug 6, 2024 10:54am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
The EURUSD experienced a drop today, but managed to stabilize above the 1.0900 level. This stabilization can be attributed to some relief among traders regarding the possibility of a recession in the US, as well as speculations about a potential 0.50% rate cut by the Federal Reserve at their September meeting. However, the likelihood of this rate cut seems to have decreased compared to yesterday, which might impact the currency pair's movements.
Looking forward, the euro may still have the potential to rise towards 1.0980, but there's also a chance of a further dip below 1.0900, possibly reaching the weekly pivot and previous resistance level at 1.0870. For the moment, the market is expected to consolidate, and it remains to be seen how it will move in the coming days.
Have a great rest of the trading day!
1 hour
Looking forward, the euro may still have the potential to rise towards 1.0980, but there's also a chance of a further dip below 1.0900, possibly reaching the weekly pivot and previous resistance level at 1.0870. For the moment, the market is expected to consolidate, and it remains to be seen how it will move in the coming days.
Have a great rest of the trading day!
1 hour
Looking for profitable short term trades ...|
- #4,810
- Aug 6, 2024 10:56am Aug 6, 2024 10:56am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} wait for https://www.forexfactory.com/gelubrin to answer this
Stop Procrastinating
- #4,811
- Aug 6, 2024 1:04pm Aug 6, 2024 1:04pm
- Joined Feb 2023 | Status: Trader | 1,102 Posts
{quote} Okay...
The EURUSD price will decrease at least until Friday on TF D1 and H4.
- #4,815
- Aug 6, 2024 10:46pm Aug 6, 2024 10:46pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
EUR/USD is currently consolidating with a slight downward bias above the support level of 1.0904, which is yesterday's low. Another significant support level to watch is 1.0893, which, if broken, could challenge the short-term uptrend. There's also a resistance level at 1.0963 that needs to be surpassed for the pair to turn more positive. 1.0981 could be next then. If support levels fail to hold, the EUR/USD might decline towards 1.0871, a previously broken level.
Daily volatility (range) 50 pips
Option expiries for Wednesday: 1.0850 (EU630.4m), 1.0825 (EU561.6m), 1.0855 (EU434.8m) Source: financialjuice.com
4 hours
Green pips!
Daily volatility (range) 50 pips
Option expiries for Wednesday: 1.0850 (EU630.4m), 1.0825 (EU561.6m), 1.0855 (EU434.8m) Source: financialjuice.com
4 hours
Green pips!
Looking for profitable short term trades ...|
- #4,816
- Aug 6, 2024 11:36pm Aug 6, 2024 11:36pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts | Online Now
Patience, Emotion Control and Discipline.
- #4,817
- Aug 7, 2024 1:07am Aug 7, 2024 1:07am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #4,818
- Aug 7, 2024 1:15am Aug 7, 2024 1:15am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} It may look something like this... & Yeah This is for the LONG TERM... Daily:{image} I could be wrong!
Stop Procrastinating
- #4,819
- Aug 7, 2024 1:27am Aug 7, 2024 1:27am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} And I feel like, My pattern target was complete there...
Stop Procrastinating
- #4,820
- Aug 7, 2024 1:36am Aug 7, 2024 1:36am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} 1.0905 Can also hold...
Stop Procrastinating