{quote} TP1 sell+buy..
BE,
'In the clearing stands a boxer And a fighter by his trade..'
New Cable Thread & Other Pairs
- #9,622
- Aug 26, 2024 6:16am Aug 26, 2024 6:16am
- Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts
EU Preparing for move to attack 1.1215-30
Risk Management is of utmost importance!
- #9,623
- Aug 26, 2024 6:22am Aug 26, 2024 6:22am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #9,626
- Aug 26, 2024 6:34am Aug 26, 2024 6:34am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,424 Posts
EUR/USD consolidating after it reached 1.1201 resistance today, above 1.1165 support. As long as it stay above the last a break is imminent for higher levels like 1.1231 and 1.1252 but a failure to hold above Fridays support at 1.1165 will open the way lower for 1.1140 broken resistance now support Daily volatility (range) 47 pips Option expiries for Monday: 1.1300 (EU4ó4.6m) & 1.0950 (EU460.1m) Source: financialjuice.com Significant news - US Durable Goods 1 hour {image} Green pips!
Looking for profitable short term trades ...|
- #9,627
- Aug 26, 2024 6:37am Aug 26, 2024 6:37am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
{quote} Thank goodness it did not happen. Maybe tomorrow
Best support sits at 1.1042 but we may not get it, second best at 1.1120
We watch the charts from every angle so you don't have to!!
- #9,630
- Aug 26, 2024 7:28am Aug 26, 2024 7:28am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,424 Posts
{quote}fast to BE,
Looking for profitable short term trades ...|
- #9,633
- Aug 26, 2024 10:50am Aug 26, 2024 10:50am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,424 Posts
EUR/USD experienced a volatile trading session today following the release of better-than-expected US durable goods orders data. The pair was trading near the 1.1165 support level at the time of the announcement, but quickly fell to a low of 1.1150 but it subsequently retraced some of the morning's losses from the 1.1201 resistance level.
At this point, the pair seems to be consolidating without a clear directional bias. Key support levels to watch are 1.1140 and 1.1137, with a break below these levels potentially leading to a further decline towards 1.1100. Resistance is seen at 1.1189 and 1.1201, with the latter being the intraday high. A break above these levels could open the way for a move towards 1.1231.
Traders should exercise caution and monitor price action closely, as the market's response to the positive US data release may continue to influence the pair's movements. It's important to consider risk management strategies, such as setting appropriate stop-loss orders, to protect against potential losses in this volatile environment.
Have a great rest of the day! See you tomorrow again bye!
At this point, the pair seems to be consolidating without a clear directional bias. Key support levels to watch are 1.1140 and 1.1137, with a break below these levels potentially leading to a further decline towards 1.1100. Resistance is seen at 1.1189 and 1.1201, with the latter being the intraday high. A break above these levels could open the way for a move towards 1.1231.
Traders should exercise caution and monitor price action closely, as the market's response to the positive US data release may continue to influence the pair's movements. It's important to consider risk management strategies, such as setting appropriate stop-loss orders, to protect against potential losses in this volatile environment.
Have a great rest of the day! See you tomorrow again bye!
Looking for profitable short term trades ...|
- #9,634
- Aug 26, 2024 10:37pm Aug 26, 2024 10:37pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,424 Posts
EUR/USD consolidated above 1.1150 yesterdays low after it dropped from 1.1201 high on strong dollar. The downside could continue to trade towards 1.1140/1.1137 or lower to 1.1100 but the pair must stay below 1.1189 and 1.1201 resistance levels for that. A rise above the resistance zone will open the way for 1.1231.
Daily volatility (range) 49 pips
Option expiries for Tuesday: 1.1150 (EU1.29b), 1.1050 (EU1.05b), 1.1100 (EU1b) Source: financialjuice.com
1 hour
Green pips!
Daily volatility (range) 49 pips
Option expiries for Tuesday: 1.1150 (EU1.29b), 1.1050 (EU1.05b), 1.1100 (EU1b) Source: financialjuice.com
1 hour
Green pips!
Looking for profitable short term trades ...|
- #9,635
- Aug 26, 2024 11:16pm Aug 26, 2024 11:16pm
The USD/JPY has reversed after a sharp drop, rising in line with StopHunt activity.
The clouds have thickened and it has stopped at the Fib50 cloud horizon. It has also been blocked by the Resistance red line and is dropping slightly.
I wonder if this will be a good point for shorting, but there is also a milestone band above, so will it be difficult to raise it to 61.8? 
The clouds have thickened and it has stopped at the Fib50 cloud horizon. It has also been blocked by the Resistance red line and is dropping slightly.
I wonder if this will be a good point for shorting, but there is also a milestone band above, so will it be difficult to raise it to 61.8?
- #9,636
- Aug 27, 2024 2:07am Aug 27, 2024 2:07am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
{quote} First account flip for the weekNever trade against AB=CD Shout out SENSEI Pedro
{image}
Keep smashing it!
We watch the charts from every angle so you don't have to!!
- #9,637
- Aug 27, 2024 2:09am Aug 27, 2024 2:09am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
