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EURUSD only

  • #203,641
  • Dec 20, 2024 6:13am Dec 20, 2024 6:13am
Looks like will continue higher to 1.041x
  • #203,642
  • Dec 20, 2024 6:31am Dec 20, 2024 6:31am
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  • #203,643
  • Dec 20, 2024 6:42am Dec 20, 2024 6:42am
Based on H1: I opened new sell order at 1.0397... Rinse & repeat selling until it works no more...

*Because of low liquidity, I scalp only...
Focus only on what truly matters!
  • #203,644
  • Dec 20, 2024 7:04am Dec 20, 2024 7:04am
Quoting vinesh1
{quote} Jingle bells coming up soon. Or Grinch is coming to incur more pain on longs. I think pain Starting to see some divergence between DXY and EU but could be a fake. Let's see
I think grinch is coming to take us to 1.02 and possibly a little lower as a last act of pain on longs. Lets see. May or may not happen this week
  • #203,645
  • Dec 20, 2024 7:40am Dec 20, 2024 7:40am
Quoting vinesh1
{quote} I think grinch is coming to take us to 1.02 and possibly a little lower as a last act of pain on longs. Lets see. May or may not happen this week
that's 200+ pips away
  • #203,646
  • Dec 20, 2024 7:58am Dec 20, 2024 7:58am
Quoting Ata-Turkoglu
Based on H1: I opened new sell order at 1.0397... Rinse & repeat selling until it works no more... *Because of low liquidity, I scalp only...
What if it's stay above 1.04050 abi?
  • #203,647
  • Dec 20, 2024 8:10am Dec 20, 2024 8:10am
Quoting kadak
{quote} What if it's stay above 1.04050 abi?
Based on H1, it looks like it wants to yes... but it needs liquidity to move higher... Holiday mode drained liquidity.. So, if I sense bull power I could switch to bullish...

For now, no need to panic.. We still can get rid of open short orders in case price insists in staying above 1.0397... I keep watching... No rush!

Best wishes
Focus only on what truly matters!
  • #203,648
  • Dec 20, 2024 8:11am Dec 20, 2024 8:11am
I got my sells just want quick tp
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  • #203,649
  • Dec 20, 2024 8:13am Dec 20, 2024 8:13am
Edit: okay... price came back to my sell entry point... I am closing sell order with +2 pips just to be on the cautious side!

Will wait a little for progress until my next decision... It truly looks like bulls are taking over..
Focus only on what truly matters!
  • #203,650
  • Dec 20, 2024 8:15am Dec 20, 2024 8:15am
Quoting Ata-Turkoglu
Edit: okay... price came back to my sell entry point... I am closing sell order with +2 pips just to be on the cautious side! Will wait a little for progress until my next decision... It truly looks like bulls are taking over..
After seeing this i also closed my sells i'm with you abi
  • #203,651
  • Dec 20, 2024 8:21am Dec 20, 2024 8:21am
Let's see... I am daring a long here at 1.0389... Scalper!
Focus only on what truly matters!
  • #203,652
  • Dec 20, 2024 8:24am Dec 20, 2024 8:24am
Quoting Chicago-Greg
{quote} that's 200+ pips away
ya that's why I said may not happen this week. There's imbalance on weekly and dxy is gearing to go to 109.5 to fill imbalance so all that should take us to 1.02 or lower. Bulls have every opportunity to go up but no energy. Lets see I could be wrong ofcourse. When I say 1.02 i mean 1.02 area can be 1.025, 1.027 whatever.
  • #203,653
  • Dec 20, 2024 9:19am Dec 20, 2024 9:19am
Quoting Ata-Turkoglu
Let's see... I am daring a long here at 1.0389... Scalper!
Closed scalper order here with +15 pips..
Focus only on what truly matters!
  • #203,654
  • Dec 20, 2024 10:47am Dec 20, 2024 10:47am
Quoting vinesh1
{quote} Don't forget "Santa Rally"
Santa rally here no choice but to go to 1.047-1.048. maybe a quick trip to 1.036 first. But it's Fri so not sure much going to happen now.
  • #203,655
  • Dec 20, 2024 2:33pm Dec 20, 2024 2:33pm
Meanwhile, on H4...

My final chart for this week: Bulls are climbing to test ~1.0463 resistance area...
Once we arrive there, I might switch back selling again.. No rush though.. only after I spot bearish signs!

Anyway, that's it for this week.. Enjoy your weekends folks, and see you all again on Monday...

Peace
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Focus only on what truly matters!
  • #203,656
  • Dec 21, 2024 4:52am Dec 21, 2024 4:52am
Good morning traders.
Yesterday i had to leave home and when i returned i got back to this, with my big surprise. I was already prepared to take losses.
Great way to end the week and the year. ^^

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Hope everyone ended the week well!

Do you think next week or after xmas is available for trading? Or markets are too choppy?
  • #203,657
  • Dec 21, 2024 4:03pm Dec 21, 2024 4:03pm
What do you think about it?
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  • #203,658
  • Dec 22, 2024 7:59am Dec 22, 2024 7:59am
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  • #203,659
  • Dec 22, 2024 10:13am Dec 22, 2024 10:13am
A few key things happened over the weekend;

- US budget deal finalised
- Germany terrorist attack
- Ukraine hitting deep into Russia, Trump makes a statement on this.

All of these are euro negative/dollar positive, I think there will be a gap down in E/U and/or it will trend down on Monday.
  • #203,660
  • Dec 22, 2024 12:09pm Dec 22, 2024 12:09pm
Quoting Starcraftmaz
A few key things happened over the weekend; - US budget deal finalised - Germany terrorist attack - Ukraine hitting deep into Russia, Trump makes a statement on this. All of these are euro negative/dollar positive, I think there will be a gap down in E/U and/or it will trend down on Monday.
Not crazy about gap downs as it needs to then fill it at some point
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