EURUSD

And that's what exactly happened..and bears continuing the downtrend control...we have 1.0640s and 1.0540s in sight.

Just a reminder from October 1

Now we have the chance for a new low, it begs to break the double bottom (bullish trap)

E. and BP. 5' --- Short since yesterday. I added today , as shown .... Plenty of room to slide lower as other members point out.

I appreciate your opinions and experience Chi Forex and Cavar...

It's a strange move, and I must say quite unexpected. Friday option are set on 0750 level. They had a golden opportunity to deepen the drop but didn't seize it, which give us something to think about. A strong decline followed by an even stronger comeback is perplexing.

Second attack, looks like just delay in action

They're just edging us at this point.

How much manipulation they do, in the end, they did what they wanted from the beginning

A good signal for bears, bulls do not have the strength to go above 1.0840.Now I'm waiting for 1.0740

As a reminder for bulls, To indicate a reversal from a downtrend to an uptrend, we need to see:
1) higher high and (price above 1.0840)
2) a higher low then
3) confirmation of this trend reversal is achieved when the price breaks above the previous high!

So far, we haven't even met the first point

It looks like we will continue with the trend we have until the US elections

GOLD H. 2.749 ............... NHH......

Something happened to EUR at all, but I don't understand what exactly

Do we have guys here who can make money from this pair as long as more than 1 year? It is really hard pair for making money consistently

Gold H. - NHH New Historical Highs ......2754

We have many reasons f.e. US election , but as always, the most important one is holding onto losses and averaging them down. Traders don't like use stop losses, they prefer to hold losing positions and fight against the trend rather than take a loss and move on. Traders love to get stuck Then trader only sees one direction, which in such a trend can lead to disaster in the super trend we currently have. Instead of trading with the trend, traders try to go against it without a real signal for a reversal, treating every dip as the bottom. The result is many accounts underwater. This mindset trap makes it hard to comprehend that prices can't possibly fall any further. That which works under normal conditions does not work in supertrends. As we know, 90% of people lose money in the market, and this is exactly why. They don't trade what they see but they trade what they think.


https://fxssi.com/tools/current-ratio

JY 5' --- Started selling here, NOW. Will add a bit higher , too , as shown........

Somebody is selling Oil and EUR for the USD. For the expensive now USD he is actively buying more and more Gold. And the price of Gold is growing up to the historical maximums. And in the same time he tryes to push price of Oil up as well, to get more expensive USD to buy more Gold.

E. 5' --- I will close my shorts SOON , in the 7 77 area....

BP. 5' --- I will close my shorts here , too , SOON......... It won't make new lows today . perhaps much later....

Brent, Gold and USD are growing up simultaneously. How it is possible?
EURUSD down.