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New Cable Thread & Other Pairs
- #10,282
- Oct 9, 2024 3:08am Oct 9, 2024 3:08am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
EU GU weekly view, showing all 50% (time, price, both up/down angles) do not rush into buying (unless scalping), both showing OB/divergence without breaking downtrend LH's in sideway trend stage you expect to see patterns like dbl/trpl bottoms, inverted H&S, LL with a divergence. trade safe. {image} {image}
"the public is not yet ready for it" W.D. GANN
- #10,283
- Oct 9, 2024 3:24am Oct 9, 2024 3:24am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
history tip:
Bollinger Bands was made in the 80's based on SMA (mid line) using deviation of 2 for current range
but the original was made in the 50's called Donchian Channel, using simple math of high/low/50% by the end of the period
both are strong Standalone Breakout Systems if the setting is time-based.
Bollinger Bands was made in the 80's based on SMA (mid line) using deviation of 2 for current range
but the original was made in the 50's called Donchian Channel, using simple math of high/low/50% by the end of the period
both are strong Standalone Breakout Systems if the setting is time-based.
"the public is not yet ready for it" W.D. GANN
- #10,291
- Oct 9, 2024 10:39pm Oct 9, 2024 10:39pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,436 Posts
EUR/USD briefly dipped below 1.0940 to 1.0936 before bouncing back to 1.0946. There's little movement at the moment, but if the new low holds, a rise to 1.0960 or 1.0976/80 is possible, especially if today's US CPI data comes in worse than expected. However, a further drop seems more likely for now, with 1.0920 or 1.0900/05 still in play. Have a great day! 
Daily volatility (range) 52 pips
Option expiries for Thursday: 1.1125 (EU744.1m), 1.0975 (EU452.3m), 1.0930 (EU376.3m) Source: financialjuice.com
Significant news - US Initial Jobless Claims, US CPI
15 min.
Daily volatility (range) 52 pips
Option expiries for Thursday: 1.1125 (EU744.1m), 1.0975 (EU452.3m), 1.0930 (EU376.3m) Source: financialjuice.com
Significant news - US Initial Jobless Claims, US CPI
15 min.
Looking for profitable short term trades ...|
- #10,292
- Edited 1:48am Oct 10, 2024 1:29am | Edited 1:48am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #10,293
- Oct 10, 2024 1:57am Oct 10, 2024 1:57am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
GU made a quadruple low so far without a real LL, daily sideway almost done and it's weekly sideway turn.
keep an eye on the first Dow break then decide on the pullback.
boring week
trade safe.
keep an eye on the first Dow break then decide on the pullback.
boring week
trade safe.
"the public is not yet ready for it" W.D. GANN
- #10,294
- Oct 10, 2024 3:14am Oct 10, 2024 3:14am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,436 Posts
Looking for profitable short term trades ...|
- #10,298
- Oct 10, 2024 10:48am Oct 10, 2024 10:48am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,436 Posts
It looks like EUR/USD is respecting the new range for now, with the 1.0955 high holding as key resistance. If the pair consolidates as I expect, volatility could still push it lower toward 1.0900 or even 1.0881. Keeping an eye on upcoming data and how the pair behaves around these levels should give clearer signals. Great trading with you today! Have a fantastic rest of your day, and I look forward to catching up tomorrow. Take care! 
Looking for profitable short term trades ...|
- #10,300
- Oct 10, 2024 2:42pm Oct 10, 2024 2:42pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,371 Posts
