End? If yes, 1.0725/50 possible! Just watching 
Looking for profitable short term trades ...|
New Cable Thread & Other Pairs
- #10,741
- Nov 6, 2024 4:36am Nov 6, 2024 4:36am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
- #10,743
- Nov 6, 2024 5:22am Nov 6, 2024 5:22am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
{quote} Good, NY can be a mess,
Looking for profitable short term trades ...|
{quote} I'm sure you're really careful, the GU can test the lower channel and that can take EU lower, it's always better to wait for some supports if you're going against such a strong momentum, GU at D1 S too,
10 pips gain on NZD/JPY and 10 pips loss on EU.
EU against strong momentum not waiting for some supports and not at or above the daily open level for my time zone.
a few valuable lessons for today.
GOLD is in a great mood today.
100% of last weeks range already
{quote} very nice call. time to grab a beer or sake. or in my case a green tea for today.
'In the clearing stands a boxer And a fighter by his trade..'
- #10,746
- Nov 6, 2024 7:13am Nov 6, 2024 7:13am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
{quote} Lets do it 0750 best!
Looking for profitable short term trades ...|
- #10,749
- Nov 6, 2024 8:10am Nov 6, 2024 8:10am
- Joined Mar 2022 | Status: Trader | 2,546 Posts | Online Now
{quote} 0737! End of my trading capabilities today from now on I dont know nothing, I am off!
i'm bearish but i'm flexible.
- #10,750
- Nov 6, 2024 8:13am Nov 6, 2024 8:13am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
{quote} crazy times ahead. Wait until Trump tweets something crazy
Don't burn!
Looking for profitable short term trades ...|
- #10,752
- Nov 6, 2024 9:14am Nov 6, 2024 9:14am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
The EURUSD is currently trading above 1.0700 after briefly dipping below 1.0682. It reached a high of 1.0745 and now aims to break above towards the 1.0780/94 zone.
Right now, the trend is in a downward phase, and I expect more downward pressure. However, we need to consider the Fed's interest rate decision tomorrow.
Thank you for sharing your thoughts, and happy trading!
Right now, the trend is in a downward phase, and I expect more downward pressure. However, we need to consider the Fed's interest rate decision tomorrow.
Thank you for sharing your thoughts, and happy trading!
Looking for profitable short term trades ...|
- #10,753
- Nov 6, 2024 8:34pm Nov 6, 2024 8:34pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
EUR/USD exchange rate is currently hovering around 1.0682. If it manages to break above the 1.0758 resistance level, it could potentially reach higher levels like 1.0781 and 1.0795-1.0800. However, the overall trend is still downward, so it's uncertain if it will break through.
On the other hand, if the rate falls below the 1.0713 & 1.0698 support levels, it could drop further to 1.0682 or even 1.0666.
Have a great day!
Daily volatility (range) 83 pips
Option expiries for Thursday: 1.0775 (EU1.22b), 1.0650 (EU780m), 1.0900 (EU736.7m) Source: financialjuice.com
Significant news - US Initial Jobless Claims, US Interest Rate Decision
1 hour
On the other hand, if the rate falls below the 1.0713 & 1.0698 support levels, it could drop further to 1.0682 or even 1.0666.
Have a great day!
Daily volatility (range) 83 pips
Option expiries for Thursday: 1.0775 (EU1.22b), 1.0650 (EU780m), 1.0900 (EU736.7m) Source: financialjuice.com
Significant news - US Initial Jobless Claims, US Interest Rate Decision
1 hour
Looking for profitable short term trades ...|
- #10,754
- Nov 6, 2024 10:32pm Nov 6, 2024 10:32pm
- Joined Jun 2009 | Status: Psalm 84: 10-12 | 843 Posts
{quote} Thanks mate, I always try to go with the strong momentum, usually its more safe intraday, no support usually helps, if I go against it in the short term I'm ready to hedge, but it's better to wait for a structural change, I need patience, like for the PB today from 0770, Gold is in a very interesting zone, I think it will rise again at some point,
Is this the pin bar you are meaning no. 2 on m30 in this 2nd chart?
m15, m30, H1.
- #10,755
- Nov 6, 2024 11:41pm Nov 6, 2024 11:41pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
Looking for profitable short term trades ...|
- #10,756
- Nov 6, 2024 11:46pm Nov 6, 2024 11:46pm
- Joined Aug 2017 | Status: Trader | 3,300 Posts
1 hour bullish flag. {image}
Its all just one persons opinion
- #10,757
- Nov 6, 2024 11:53pm Nov 6, 2024 11:53pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,544 Posts
{quote} Bullish....?
1.0713 is supporting the bullish view inside the channel. Below support the road is opening for the bears.
Looking for profitable short term trades ...|
{quote} Thank you very much mate, you are very kind to give this good example. It is a great lesson for me. Is this the pin bar you are meaning no. 2 on m30 in this 2nd chart? m15, m30, H1. {image} {image} {image}
Regarding this position, (and I try to make it as simple as possible, I didn't pay attention to the pin bars, but everyone has their own techniques), the dollar was in strong momentum, no need to go against it, and of course there was a sense of FOMO, in my conversation with Mr. J I mentioned the daily TL and that I expect to sell from there, in addition to HTF resistance zone and M1 structural change, there were actually two opportunities to enter from there, from all the noise in this market, when the good setup comes, and if I manage to catch it, that's enough for the day,
'In the clearing stands a boxer And a fighter by his trade..'
- #10,759
- Nov 7, 2024 12:21am Nov 7, 2024 12:21am
- Joined Jun 2009 | Status: Psalm 84: 10-12 | 843 Posts
{quote} GM, I like to help if I can, and when I post it helps me focus on daily key points, and prevents me from doing nonsense, so it's mutual,
looks like another one is in the making too.
