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  • #8,901
  • Nov 27, 2024 1:21am Nov 27, 2024 1:21am
you suppose bears are coming in strong?
  • #8,902
  • Nov 27, 2024 1:34am Nov 27, 2024 1:34am
today it's "friday" for the Americans right?
  • #8,903
  • Nov 27, 2024 1:35am Nov 27, 2024 1:35am
Quoting Polimini
today it's "friday" for the Americans right?
Correct!
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  • #8,904
  • Nov 27, 2024 1:43am Nov 27, 2024 1:43am
News might help the traders get their move but not sure to where!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-11-27_11-41-39.png Size: 48 KB
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  • #8,905
  • Nov 27, 2024 1:43am Nov 27, 2024 1:43am
Quoting Js3mwtRc
{quote} Yes! Any candle that closes up is still bullish {image}
Yes sir, I was talking about rejection!
Stop Procrastinating
  • #8,906
  • Nov 27, 2024 1:57am Nov 27, 2024 1:57am
Quoting ahmerjamil
{quote} Yes sir, I was talking about rejection!
Right! I am talking about the rejection too but and for what you have to watch!
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  • #8,907
  • Nov 27, 2024 2:07am Nov 27, 2024 2:07am
Quoting Js3mwtRc
{quote} Right! I am talking about the rejection too but and for what you have to watch!
I thought Bears would come from here, But no other signal is found yet Bulls!
Stop Procrastinating
  • #8,908
  • Nov 27, 2024 2:15am Nov 27, 2024 2:15am
Quoting ahmerjamil
{quote} I thought Bears would come from here, But no other signal is found yet Bulls!
battle continues with bull having upper hands now!
Patience, Emotion Control and Discipline.
  • #8,909
  • Nov 27, 2024 2:19am Nov 27, 2024 2:19am
Quoting ahmerjamil
{quote} I thought Bears would come from here, But no other signal is found yet Bulls!
You must have patience before you pull the trigger!

Lets see next...
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  • #8,910
  • Nov 27, 2024 2:41am Nov 27, 2024 2:41am
15 min
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-11-27_12-40-29.png Size: 60 KB
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  • #8,911
  • Nov 27, 2024 5:22am Nov 27, 2024 5:22am
Less than 10 min. left for red news!

Key Tips for News Trading on EUR/USD:

Manage Risk: Employ stop-loss and take-profit orders, position sizing, and diversification.

Stay Calm: Avoid impulsive decisions driven by fear or greed. Stick to your trading plan.

Stay Informed: Keep up-to-date with economic news, geopolitical events, and market trends.

Gain Experience: Practice on demo accounts or start with small, real-money positions.

Good luck!
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  • #8,912
  • Nov 27, 2024 6:01am Nov 27, 2024 6:01am
I’m out, SL smashed!
Stop Procrastinating
  • #8,913
  • Nov 27, 2024 6:06am Nov 27, 2024 6:06am
after reaching 1.0600-1.0615 we will go down
  • #8,914
  • Nov 27, 2024 6:11am Nov 27, 2024 6:11am
Yes, the 1.06-ish area is a key area. It looks like we tested the 1.06 level twice (Nov 18th - Nov 19th).
  • #8,915
  • Nov 27, 2024 6:38am Nov 27, 2024 6:38am
Friday for the US crowd and they come in buying more. They got to close some longs surely.
  • #8,916
  • Nov 27, 2024 7:02am Nov 27, 2024 7:02am
Blah news day for USD
Consistency is key
  • #8,917
  • Nov 27, 2024 7:19am Nov 27, 2024 7:19am
That drop could be just a correction for the bull as he opened the road above 1.0545 resistance. 1.0600 is possible the next day/s - Thanksgiving should be respected if it stays above 1.0500. Support at 1.0507.
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  • #8,918
  • Nov 27, 2024 7:50am Nov 27, 2024 7:50am
Quoting ahmerjamil
I’m out, SL smashed!
same here
Patience, Emotion Control and Discipline.
  • #8,919
  • Nov 27, 2024 8:01am Nov 27, 2024 8:01am
Quoting Js3mwtRc
News might help the traders get their move but not sure to where! {image}
Update of the above chart.

1.0533 is new support.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-11-27_18-00-22.png Size: 69 KB
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  • #8,920
  • Nov 27, 2024 8:56am Nov 27, 2024 8:56am
The EURUSD exchange rate increased today. It reached 1.0580 on mixed US news, the overall bearish sentiment in the US dollar and most profit taking ahead of US Holiday.

Technical:

Resistance: A strong resistance zone between 1.0600 and 1.0610 is expected to limit any further upside in the EURUSD pair.

Support: The 1.0533 level is currently acting as support. If this level breaks, the pair may decline further towards the 1.0500 level.

See you tomorrow again bye!
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