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  • #6,101
  • Aug 29, 2024 11:13pm Aug 29, 2024 11:13pm
Quoting PatienceFx
{quote} you mean h1 macd look like ....... um er
yeah same like the 15min MACd on yesterday, although these are mere technicals, we have something that will ignore all these which is the fundamentals which choose the direction of the market, with both pairs facing rate cut news while yesterday's drop in german cpi looming over EUR, it is struggling to break past the resistance.
  • #6,102
  • Aug 29, 2024 11:22pm Aug 29, 2024 11:22pm
Quoting ahmerjamil
{quote} Yes i saw, I expect we are going to 1.1112, 18, 1.1127 now, & Then 1.1046, 1.1034, After reaching there we'll want to do long load, Let's see what happen first!
if 1080 holds then 1045
  • #6,103
  • Aug 29, 2024 11:33pm Aug 29, 2024 11:33pm
Quoting PatienceFx
{quote} if 1080 holds then 1045
Yeah, possible, Let's see...
Stop Procrastinating
  • #6,104
  • Aug 29, 2024 11:47pm Aug 29, 2024 11:47pm
Don't forget to checkout retail traders, They are buying, They will more buy, Price will more fall, (Stops hunting)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB
Just my view!
Stop Procrastinating
  • #6,105
  • Aug 29, 2024 11:52pm Aug 29, 2024 11:52pm
Quoting ahmerjamil
Don't forget to checkout retail traders, They are buying, They will more buy, Price will more fall, (Stops hunting) {image} {image}Just my view!
Remember: As it has been with the bears, Bears was selling and The price was rising!
Stop Procrastinating
  • #6,106
  • Aug 30, 2024 12:39am Aug 30, 2024 12:39am
Salam and good morning to all…….. the level between 1.1087 and 1.1107 should be closely watched for rejection. We May see a strong rejection from this zone and the price has high possibilities to make a new lower low of it’s rejected.
  • #6,107
  • Aug 30, 2024 12:40am Aug 30, 2024 12:40am
we are having the 100 ema as resistance in 15M let's see if bulls get rejected here
  • #6,108
  • Aug 30, 2024 12:43am Aug 30, 2024 12:43am
Quoting ahmerjamil
{quote} Remember: As it has been with the bears, Bears was selling and The price was rising!
it makes sense now, simple mechanics eh, we do the opposite of RT, I think rn they are buying for a breakout, let's see
  • #6,109
  • Aug 30, 2024 12:57am Aug 30, 2024 12:57am
Quoting rehmatkhan00
Salam and good morning to all…….. the level between 1.1087 and 1.1107 should be closely watched for rejection. We May see a strong rejection from this zone and the price has high possibilities to make a new lower low of it’s rejected.
Looks correct. For now price is having difficulties to move above the daily pivot at 1.1091 and bears are lurking to continue yesterdays trend. 1.1100 is broken now so bulls should turn side until 1.1000 or 1.0950 but its Friday price has travelled the expected pips plus for the week! The low is a good target for today. Have a great day!
Looking for profitable short term trades ...|
  • #6,110
  • Edited 1:10am Aug 30, 2024 1:00am | Edited 1:10am
eurusd H1
trendlines

we can move both ways...inside of the white channel
up to the green line and down to 1.1040
Attached Image (click to enlarge)
Click to Enlarge Name: signture.jpg Size: 174 KB
Trendlines H1,H4, SMC
  • #6,111
  • Aug 30, 2024 1:03am Aug 30, 2024 1:03am
Quoting ahmerjamil
Don't forget to checkout retail traders, They are buying, They will more buy, Price will more fall, (Stops hunting) {image} {image}Just my view!
I can see from the chart that they sell more than they buy...
Trendlines H1,H4, SMC
  • #6,112
  • Aug 30, 2024 1:29am Aug 30, 2024 1:29am
Quoting Js3mwtRc
{quote} Looks correct. For now price is having difficulties to move above the daily pivot at 1.1091 and bears are lurking to continue yesterdays trend. 1.1100 is broken now so bulls should turn side until 1.1000 or 1.0950 but its Friday price has travelled the expected pips plus for the week! The low is a good target for today. Have a great day!
Yup if this level is broken then 1.1120-30 should be a good area for short. Let’s see if bears can protect this current zone
  • #6,113
  • Aug 30, 2024 1:33am Aug 30, 2024 1:33am
Quoting rehmatkhan00
{quote} Yup if this level is broken then 1.1120-30 should be a good area for short. Let’s see if bears can protect this current zone
Watching 1.1100/05 may pause any advance!
Looking for profitable short term trades ...|
  • #6,114
  • Aug 30, 2024 1:44am Aug 30, 2024 1:44am
Quoting josip
{quote} I can see from the chart that they sell more than they buy...
Hi josip!

Everyone has a different perspective in trading!

Thank you!
Stop Procrastinating
  • #6,115
  • Aug 30, 2024 1:44am Aug 30, 2024 1:44am
Bears looking to break the low of the day at 1.1070 as they cant go any higher for now!
Looking for profitable short term trades ...|
  • #6,116
  • Aug 30, 2024 2:07am Aug 30, 2024 2:07am
Not a surprise in EU CPI numbers but it can test 1.1050/60 as prices are lower from the previous month! The unemployment rate came good but traders may ignore this! Anyway just watch it may be choppy!
Looking for profitable short term trades ...|
  • #6,117
  • Aug 30, 2024 2:13am Aug 30, 2024 2:13am
Quoting Js3mwtRc
Not a surprise in EU CPI numbers but it can test 1.1050/60 as prices are lower from the previous month! The unemployment rate came good but traders may ignore this! Anyway just watch it may be choppy!
I think fundamentally there is nothing left with bulls and they have already priced in for 0.50 rate cuts that’s why bulls are really weak from the beginning of the week
  • #6,118
  • Aug 30, 2024 2:18am Aug 30, 2024 2:18am
Quoting josip
{quote} I can see from the chart that they sell more than they buy...
yup sellers are more but over the time the number of bulls is increasing.
  • #6,119
  • Aug 30, 2024 2:36am Aug 30, 2024 2:36am
Quoting rehmatkhan00
{quote} yup sellers are more but over the time the number of bulls is increasing.
The reason is the 200 Ema support in 15 mins, might as well retest 1.10950 or above
  • #6,120
  • Aug 30, 2024 2:38am Aug 30, 2024 2:38am
Quoting rehmatkhan00
{quote} I think fundamentally there is nothing left with bulls and they have already priced in for 0.50 rate cuts that’s why bulls are really weak from the beginning of the week
Bears are taking off but they'll come back before it gets to high! ...if it is!
Looking for profitable short term trades ...|
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