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  • #203,261
  • Dec 5, 2024 1:51am Dec 5, 2024 1:51am
Looks like the Euro reacted favourably to the French government being overturned. Perhaps sentiment sees the alternative to a central government as being better for the economy.
Don't you know that I'm loco ...
  • #203,262
  • Dec 5, 2024 2:32am Dec 5, 2024 2:32am
Quoting SnaveForex
0533 - 0538 let see if there is a break of yesterday high as bulls were in control the most part. Otherwise 0574 is in the picture subsequently 1.06. currently euro hit low of year 1.03xx. 1.0504- 1.0538 is demand zone by the way. Time will tell as there are no bears in the way {image}
Fibo extensions now at lies at 1.0650. Time will tell.
  • #203,263
  • Dec 5, 2024 3:16am Dec 5, 2024 3:16am
Quoting Ata-Turkoglu
Today and intraday wise, all I care is if bulls can keep price above ~1.0505 or not.... As long as that's the case, I stay bullish! Happy trading day folks
Don't stress yourself too much, tomorrow's price will be under pressure, either up or down (red news).
  • #203,264
  • Dec 5, 2024 3:54am Dec 5, 2024 3:54am
Good morning, I hope you are well. I anticipate the bears might do good, on the 5M, and 1H charts;
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  • #203,265
  • Dec 5, 2024 4:52am Dec 5, 2024 4:52am
Maybe it would help the price if I poked it with a stick...
while the objective is profit, the job description is risk management
  • #203,266
  • Dec 5, 2024 5:04am Dec 5, 2024 5:04am
Hi everyone,

in my opinion, we'll go down and then finally bottom out......I hope.
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  • #203,267
  • Dec 5, 2024 5:07am Dec 5, 2024 5:07am
Quoting rober159
Done for the day, not bad, not great. That rush up was fast, 23 pips in less than a minute, who's ready for that? Not exactly nice price action... Wouldn't be suprised if it hits 1.0562 by end of the day. Its coming down a bit now so maybe enter @ 1.0516 if you want to tag along. {image}
1.0516 was still valid after the low and consolitation phase, you'd be done a few hours ago if you had a buy stop placed.
while the objective is profit, the job description is risk management
  • #203,268
  • Dec 5, 2024 5:22am Dec 5, 2024 5:22am
Quoting Niffler2024
Nice Stop loss hunt eurusd Now time to reverse when your finished playing around dragging in more buyers on the way down (because everybody knows it is going to the moon) ....right? ....right? {image}
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My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #203,269
  • Dec 5, 2024 5:55am Dec 5, 2024 5:55am
We are still above 1.0505: Bias is still long... Waiting for bullish progress...

*1.0528 area is nearest breakout level and buy zone..
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Focus only on what truly matters!
  • #203,270
  • Dec 5, 2024 6:37am Dec 5, 2024 6:37am
Quoting rober159
Maybe it would help the price if I poked it with a stick...

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while the objective is profit, the job description is risk management
  • #203,271
  • Dec 5, 2024 7:10am Dec 5, 2024 7:10am
TP1 hit.
while the objective is profit, the job description is risk management
  • #203,272
  • Dec 5, 2024 7:25am Dec 5, 2024 7:25am
Hello,

My guess. If above 50 then bull ( scenario 1 in green) or else scenario 2 (red).
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  • #203,273
  • Dec 5, 2024 7:32am Dec 5, 2024 7:32am
Quoting rober159
TP1 hit.
That was fast TP 2 hit.
while the objective is profit, the job description is risk management
  • #203,274
  • Dec 5, 2024 7:33am Dec 5, 2024 7:33am
Close Long for scenario 1
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  • #203,275
  • Dec 5, 2024 7:36am Dec 5, 2024 7:36am
Quoting valtersilva
Good morning everybody, I'm seeing a possible H&S {image}
It's better to at least take a risk free
I won't risk tomorrow's news.
  • #203,276
  • Dec 5, 2024 8:00am Dec 5, 2024 8:00am
Quoting Niffler2024
{quote} {image}

Gap fill for bulls target imminent 1.0577x
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #203,277
  • Dec 5, 2024 8:03am Dec 5, 2024 8:03am
Quoting vinesh1
Just bought at 1.045 area. Will be holding this for a while. Will keep adding all the way down to 1.02 if we get there.
TP'd here. rest is break even. Will add to it next week. Have fun.
  • #203,278
  • Dec 5, 2024 8:06am Dec 5, 2024 8:06am
Quoting Niffler2024
{quote} Gap fill for bulls target imminent 1.0577x
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My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #203,279
  • Dec 5, 2024 8:10am Dec 5, 2024 8:10am
Quoting SnaveForex
0533 - 0538 let see if there is a break of yesterday high as bulls were in control the most part. Otherwise 0574 is in the picture subsequently 1.06. currently euro hit low of year 1.03xx. 1.0504- 1.0538 is demand zone by the way. Time will tell as there are no bears in the way {image}
0574 reach. Seems like no pause, steam still on.
  • #203,280
  • Dec 5, 2024 8:11am Dec 5, 2024 8:11am
Quoting Niffler2024
{quote} Gap fill for bulls target imminent 1.0577x
Nice. I was eyeing that gap from the 2nd too!
Attached Image
while the objective is profit, the job description is risk management
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