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  • #203,601
  • Dec 18, 2024 2:28pm Dec 18, 2024 2:28pm
Now the question is will it break 1.330 today
  • #203,602
  • Dec 18, 2024 2:30pm Dec 18, 2024 2:30pm
It's pouring nicely ... we'll break the 1.03317 low from last month today ?! ... More exciting than "Venom: The Last Dance", which I'm currently watching
Nothing is impossible.
  • #203,603
  • Dec 18, 2024 2:37pm Dec 18, 2024 2:37pm
Quoting Bloodwish
Sell if 1.048 becomes resistance Buy if 1.052 becomes support Before that buy from bottom sell from top Of the current range
Hope vinesh you read this and made money
  • #203,604
  • Dec 18, 2024 2:38pm Dec 18, 2024 2:38pm
Quoting Bloodwish
{quote} Hope vinesh you read this and made money
1.048 was important it broke then we are simply selling
  • #203,605
  • Dec 18, 2024 2:51pm Dec 18, 2024 2:51pm
Quoting Bloodwish
{quote} 1.048 was important it broke then we are simply selling
Yep read but I am don't trade short term charts. I have been long since 1.045 and 1.0400 will be holding this for a while. My next target it 1.07 region in the coming couple of weeks. We may reach 1.02 before 1.07 who knows.
  • #203,606
  • Dec 18, 2024 3:02pm Dec 18, 2024 3:02pm
Quoting vinesh1
{quote} Yep read but I am don't trade short term charts. I have been long since 1.045 and 1.0400 will be holding this for a while. My next target it 1.07 region in the coming couple of weeks. We may reach 1.02 before 1.07 who knows.
It's better To Use MTF instead of one time frame
I don't usually go deep into sharing but since you provoked me most welcome and
Best wishes
It was daily chart trade
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  • #203,607
  • Dec 18, 2024 3:08pm Dec 18, 2024 3:08pm
Quoting JCR2400
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.
nobody knows what market will do except the market movers, but from the looks of it the current trend looks like it'll be going down till the end of the year but nothing is certain, however as for a big drop like today I think that'll be done for the year (red news events) unless russia starts making big attacks then we could see some spikes
  • #203,608
  • Dec 18, 2024 3:12pm Dec 18, 2024 3:12pm
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  • #203,609
  • Dec 18, 2024 3:13pm Dec 18, 2024 3:13pm
For traders who took longs 1.0386 after that 1.0416 is a good tp point
A little beginner trader since 2006
  • #203,610
  • Edited 3:56pm Dec 18, 2024 3:45pm | Edited 3:56pm
Quoting JCR2400
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.
My opinion is yes, bearish the rest of the year and into the next. Todays news held that the FED was cutting rates. However, the insinuation that next year cuts may be slower is what moved the pair. Holding interest rates high is bullish for the currency. It means the dollar is a good investment due to higher interest rates.

Im short from 1.04806 and holding for the short term.

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Why go long...When you can go short!
  • #203,611
  • Edited 4:36pm Dec 18, 2024 3:59pm | Edited 4:36pm
Quoting JCR2400
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.
Babypips
Go and finish all of it
Only then and I mean it only then start looking at trading
If you do not take this seriously
This buissness is unforgiving
  • #203,612
  • Dec 18, 2024 5:48pm Dec 18, 2024 5:48pm
Quoting Bloodwish
{quote} It's better To Use MTF instead of one time frame I don't usually go deep into sharing but since you provoked me most welcome and Best wishes It was daily chart trade {image} {image}
Gotcha but amma will be building longs. Will be looking at new highs and higher in a couple of months. Not interested in 100 pips more like 400-500 pips or more.Not in a straight line ofcourse. So all good.
  • #203,613
  • Dec 18, 2024 7:31pm Dec 18, 2024 7:31pm
Quoting vinesh1
{quote} Gotcha but amma will be building longs. Will be looking at new highs and higher in a couple of months. Not interested in 100 pips more like 400-500 pips or more.Not in a straight line ofcourse. So all good.
What gives you that indication? Every fundamental indicator I see points to parity with the dollar in the first part of next year. Are you saying it will rise that high and fall that far so quickly? New trader I'm just curios to know what you are seeing that's seems to be in opposition from the news.
  • #203,614
  • Dec 18, 2024 7:58pm Dec 18, 2024 7:58pm
Quoting AbundantL
{quote} What gives you that indication? Every fundamental indicator I see points to parity with the dollar in the first part of next year. Are you saying it will rise that high and fall that far so quickly? New trader I'm just curios to know what you are seeing that's seems to be in opposition from the news.
When everyone thinks its going to parity and its in the news and headlines thats when u do the opposite by not following the crowd. I don't want to get into my reasonings as this thread is for tech analysis. Anyway, my trade windows are longer then some here.
  • #203,615
  • Dec 19, 2024 12:00am Dec 19, 2024 12:00am
LONG TERM BUY 1.0360
  • #203,616
  • Dec 19, 2024 12:47am Dec 19, 2024 12:47am
Meanwhile, on H1...

As long as 1.0378 area supports, we will have chill time and maybe a minor correction towards 1.0436 area...

(And don't forget my words about 1.0385 )
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...
Happy trading day to all
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Focus only on what truly matters!
  • #203,617
  • Dec 19, 2024 1:23am Dec 19, 2024 1:23am
Quoting death-wish
you guys looking to close short positions before Sydney open? or letting it run though till tomorrow
knew it, asian markets usd always tanks. Hopefully London open there's a sharp decline
  • #203,618
  • Dec 19, 2024 2:14am Dec 19, 2024 2:14am
Quoting mkshoaib
LONG TERM BUY 1.0360
Please start a thread in Journals so we can track these predictions.

And a few charts would be good.

Maybe you don't understand the concept of a Forum?

It's to share information and help other traders, cheers.
It takes a lot for me to IGNORE you, but you can try.
  • #203,619
  • Dec 19, 2024 2:43am Dec 19, 2024 2:43am
Quoting Erebus
{quote} Please start a thread in Journals so we can track these predictions. And a few charts would be good. Maybe you don't understand the concept of a Forum? It's to share information and help other traders, cheers.
I agree with your desire, would be nice... but I think some members can't help it and these type of posts will always exist... So I let it slide...

Best regards
Focus only on what truly matters!
  • #203,620
  • Dec 19, 2024 2:51am Dec 19, 2024 2:51am
Good morning i will share my trading day hope it will help.
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