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EURUSD only

  • #203,581
  • Dec 18, 2024 10:26am Dec 18, 2024 10:26am
All the best guys FOMC coming up.
Fundamental provide Volume, Technical shows Direction
  • #203,582
  • Dec 18, 2024 11:01am Dec 18, 2024 11:01am
Go bears go!

Next: watch 1.0405 area...
Focus only on what truly matters!
  • #203,583
  • Dec 18, 2024 11:05am Dec 18, 2024 11:05am
Quoting vinesh1
I am seeing a push to 1.055 before push down below
I guess not bears want to finish the job down below first ? Maybe? Long already. Let see
  • #203,584
  • Dec 18, 2024 11:09am Dec 18, 2024 11:09am
The bears are on heat. Damn
  • #203,585
  • Dec 18, 2024 11:23am Dec 18, 2024 11:23am
Buy Limit triggered at 1.0420. Now targeting 1.0440-1.0450 area. If it fails to go back up there, next is 1.0380 and more Buy Limit orders.
  • #203,586
  • Dec 18, 2024 11:26am Dec 18, 2024 11:26am
Yesterday's H1 chart helped me a lot today and still does...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 19 KB
Focus only on what truly matters!
  • #203,587
  • Dec 18, 2024 11:37am Dec 18, 2024 11:37am
Not forming well but 1.0330 is possible !

I'm looking to backrest around 1.0440_1.0460
A little beginner trader since 2006
  • #203,588
  • Dec 18, 2024 11:38am Dec 18, 2024 11:38am
Now it looks like we will finally sleep through the unclosed GAP below 1.O4O40 and tomorrow we will hopefully break even lower or it will be a "double bottom" and frrr up... 50/50... Well so far 77 pips good.. so good night bears and good luck
Nothing is impossible.
  • #203,589
  • Dec 18, 2024 11:43am Dec 18, 2024 11:43am
Quoting vinesh1
We may start Monday with a gap down. Seeing a drop to 1.042 -044 area before up
Let's see if we recover. My longs are still open from 1.045 and 1.0400. Willing to take a drawdown. Huge moves in the next few days. who know may just sail down to 1.02 when all this is said and done
  • #203,590
  • Dec 18, 2024 11:43am Dec 18, 2024 11:43am
you guys looking to close short positions before Sydney open? or letting it run though till tomorrow
  • #203,591
  • Dec 18, 2024 11:46am Dec 18, 2024 11:46am
Quoting Naseri13
Not forming well but 1.0330 is possible ! I'm looking to backrest around 1.0440_1.0460
1.0330 is very possible before New York close
  • #203,592
  • Dec 18, 2024 11:48am Dec 18, 2024 11:48am
Quoting death-wish
you guys looking to close short positions before Sydney open? or letting it run though till tomorrow `
That is a very good question.
My point of view is in the past, Europe/London would reply very well on Fed speech ( fewer cuts next year), so I am thinking to prolong In Sha Allah my short trades until London session.
  • #203,593
  • Dec 18, 2024 11:51am Dec 18, 2024 11:51am
Quoting death-wish
you guys looking to close short positions before Sydney open? or letting it run though till tomorrow
Rule of thumb: keep collecting the water while it is raining... don't overthink..
Focus only on what truly matters!
  • #203,594
  • Dec 18, 2024 11:53am Dec 18, 2024 11:53am
Quoting Ultras
Buy Limit triggered at 1.0420. Now targeting 1.0440-1.0450 area. If it fails to go back up there, next is 1.0380 and more Buy Limit orders.
1.0420 position is loss, hit SL

Triggered second Buy Limit now @ 1.0380 .. may be this is better entry but will see..
  • #203,595
  • Dec 18, 2024 11:53am Dec 18, 2024 11:53am
I posted this setup last week. After the bears broke the trend to the downside I entered when it did a pullback. The choppiness nearly broke me. Am looking to take profit at the next support level at 1.0338. Swinging
Attached Image (click to enlarge)
Click to Enlarge Name: B523AB73-88B8-4F18-901F-3ABA0D8F2ABE.jpeg Size: 493 KB
  • #203,596
  • Dec 18, 2024 11:57am Dec 18, 2024 11:57am
I believe today's red news were the final significant market mover for this year...

After today, I bet this pair will stand still around 1.0385-ish area (this is also the AB=CD completion point on weekly) until the end of holidays...

Time will tell...
Focus only on what truly matters!
  • #203,597
  • Dec 18, 2024 12:10pm Dec 18, 2024 12:10pm
Quoting Ata-Turkoglu
I believe today's red news were the final significant market mover for this year... After today, I bet this pair will stand still around 1.0385-ish area (this is also the AB=CD completion point on weekly) until the end of holidays... Time will tell...
Don't forget "Santa Rally"
  • #203,598
  • Dec 18, 2024 12:18pm Dec 18, 2024 12:18pm
Hi,i'm a new member of this forum and also new to the world of trading. I've been learning for a month now,and i've been looking for a forum where i can learn more.
In this case,will the bears dominate for the rest of the year, or how should i interpret today's news?
i apologize if my question is unclear or poorly phrased.I'm still learnig,friends.
Thanks for your attention.
  • #203,599
  • Dec 18, 2024 12:20pm Dec 18, 2024 12:20pm
Quoting vinesh1
{quote} Don't forget "Santa Rally"
Oh yeah... that one...
Focus only on what truly matters!
  • #203,600
  • Dec 18, 2024 12:27pm Dec 18, 2024 12:27pm
Quoting Niffler2024
Are we heading back to the year 1975? 61.8% and the 127% say so... {image} {image} {image} {image} {image}
1.02s still on the cards ?

61.8% of the whole up move and 127% final extension looming ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weekly2.jpg Size: 156 KB
Click to Enlarge Name: Screenshot_2.jpg Size: 267 KB
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
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