New Cable Thread & Other Pairs

Consolidating since Friday, while EU and GU are between SR, I would wait for a breakout or do small scalps,

157.30 still in target?

EURUSD
Plan is to keep adding longs, 1.10 next.

Yes and there are other targets on HTF's
Just not sure if pullback D1, W1 is done, hence the 167 I posted yesterday for a big short.

Any preferred direction?!!

GU down

Got it!

70% with the momentum and the HTF, also the risk, unless I see a structural change or a break and retest,

70% according the momentum! With 50% you can make money! I am waiting for lower now until news to see if they turn it some up later.

Momentum can be temporary, elusive and subjective, and it doesn't always exist, if I was less than 30% going against, it could be better, let's see how the EU works below yesterday's low,

101800,

Today, EUR/USD experienced a drop to a low of 1.1033 before rallying towards the upper range of 1.1073 to 1.1070. Subsequently, the pair retreated once again, heading back towards the lows. The release of the ISM Manufacturing data, which came in below forecasts but showed an improvement from the previous month, contributed to the US dollar's strength and added pressure on the pair.

Currently, the trend appears to be bearish, but traders should be cautious as choppy price action may persist until a significant breakout or directional move occurs.

In the case of a bearish continuation, traders may consider implementing selling strategies or short positions, with appropriate stop-loss orders in place to manage risk. Conversely, a break above resistance levels could signal a potential reversal or a period of consolidation, prompting traders to adjust their strategies accordingly.

4 hours

See you tomorrow again bye!

The market gives to those who are patient.
You never disappoint me, my lovely bears.

EUR/USD bounced from 1.1026 low after a roller coaster market yesterday but managed to recover today reaching to 1.1056 but it will need more if it want to rise above 1.1069/73 so bulls can take over to the next resistances at 1.1077/80 and 1.1088/95. Support below the range comes at 1.1036, 1.1008 monthly pivot and below 1.1000 round number at 1.0991.

Daily volatility (range) 65 pips

Significant news - US JOLTS Job Openings & US Factory Orders

1 hour
Green pips!

The USD/JPY started to fall from the double top on the 2nd and is now in a downward trend with a green, pink, and red sequence. The price rose slightly in the pink parallel line of the orange corner, but it has fallen along the short-term red line without exceeding the blue support line. I closed my short position once when I saw the double bottom, but I entered again.