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EURUSD only

  • #203,721
  • Jan 2, 2025 7:00am Jan 2, 2025 7:00am
Just Sell any rise
  • #203,722
  • Jan 2, 2025 7:02am Jan 2, 2025 7:02am
If monthly support: 1.0312 breaks, oh my oh my! That's where the thunders would arrive! Let's see...

*I think sellers can move their stops down to 1.0335 now..
Focus only on what truly matters!
  • #203,723
  • Jan 2, 2025 7:55am Jan 2, 2025 7:55am
Quoting Ata-Turkoglu
If monthly support: 1.0312 breaks, oh my oh my! That's where the thunders would arrive! Let's see... *I think sellers can move their stops down to 1.0335 now..
Any potential targets if it breaks ?
  • #203,724
  • Jan 2, 2025 8:06am Jan 2, 2025 8:06am
Quoting Bloodwish
{quote} Any potential targets if it breaks ?
Next, and based on weekly, I have 1.0240-ish levels... That's all I can anticipate for now...
Focus only on what truly matters!
  • #203,725
  • Jan 2, 2025 8:07am Jan 2, 2025 8:07am
Quoting Bloodwish
{quote} Any potential targets if it breaks ?
https://www.forexfactory.com/thread/...2#post15094282
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #203,726
  • Jan 2, 2025 8:26am Jan 2, 2025 8:26am
I can right on time
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  • #203,727
  • Jan 2, 2025 8:38am Jan 2, 2025 8:38am
Quoting Ata-Turkoglu
Based on H1, I am marking 1.0367 as nearest resistance... Bears are good while H1 candles open below it! {image}
Nice call on that.

Also, Happy new year all!
while the objective is profit, the job description is risk management
  • #203,728
  • Jan 2, 2025 9:48am Jan 2, 2025 9:48am
the tick signal is downside
so no buy position yet
i wait for a minimum 50% pullback/ retracement/ correction only after the tick
happy new year to you all
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  • #203,729
  • Jan 2, 2025 9:58am Jan 2, 2025 9:58am
Quoting Cavar
1.03548 previous week close. Selling below this lvl SL @ 1.0360
Insane day and people buy

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https://fxssi.com/tools/current-ratio
  • #203,730
  • Jan 2, 2025 10:00am Jan 2, 2025 10:00am
Quoting vinesh1
{quote} grinch won and I never got my pull back. Oh well. Getting ready to put some more longs. Probably going to parity before a bounce.
Will be building and adding to existing longs. Could still go to parity. Let's see
  • #203,731
  • Jan 2, 2025 10:10am Jan 2, 2025 10:10am
What a move without red news
  • #203,732
  • Jan 2, 2025 10:11am Jan 2, 2025 10:11am
Well, that was a nice little move. Managed to grab 45 pips out of it. Not sure where we're going from here. Is there a bottom somewhere that I don't see?
  • #203,733
  • Jan 2, 2025 10:15am Jan 2, 2025 10:15am
whole lots of stops triggered. New low triggered swing R @ 1.0388
  • #203,734
  • Jan 2, 2025 10:18am Jan 2, 2025 10:18am
Happy new year fellow traders. Our lovely pair keeps surprising us but it’s going to be great this year.
  • #203,735
  • Jan 2, 2025 10:29am Jan 2, 2025 10:29am
I'm not sure this sharp drop was triggered by anything in particular, it looks to me like short-hunting leading to capitulation. From there we may get a relief/short cover rally, however just keep in mind it could be the opposite of the usual E/U massive upwards move in December/January of more typical years. This Christmas cycle is a bit weird with stocks experiencing drops also, so expect the unusual.
  • #203,736
  • Jan 2, 2025 10:41am Jan 2, 2025 10:41am
Quoting Ata-Turkoglu
{quote} Next, and based on weekly, I have 1.0240-ish levels... That's all I can anticipate for now...
I can't believe just happened
FX369
  • #203,737
  • Jan 2, 2025 10:41am Jan 2, 2025 10:41am
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Same old, same old. Typical price action as everyone buying USD ( or selling Euros - same result) one January 2. I am holding my 1 mini lot long from 1.0380 as the movers have the second string players on the desks. Not the best time to get busy as the big guns are on holiday.

I am on light duty this week as trader. Trying to get a handle on the tax bill. Made some do-ray-me in 2024 and it's just as important to keep your winnings as it is to make them. But I am off topic, back to EURUSD.

If you are trying to ride the lightening, buyers are hammering out a bottom near 1.0220 and sellers are active in the 1.0350 area. Enjoy the new year.

Happy trades to you,
NB
Ecclesiastes 1:9
  • #203,738
  • Jan 2, 2025 10:56am Jan 2, 2025 10:56am
Quoting FX369
{quote} I can't believe just happened
I am on sidelines now... since price touched 1.0240 I was out!

From here it is best to keep selling with every significant pullback... rinse and repeat until it works no more
Focus only on what truly matters!
  • #203,739
  • Jan 2, 2025 11:17am Jan 2, 2025 11:17am
Hello guys,
Passing by to wish
Happy New Year everyone!
"No pain no gain"
  • #203,740
  • Jan 2, 2025 11:26am Jan 2, 2025 11:26am
Quoting BTaLha
Based 0n H4,i am expecting the nearest support level at around 1.02900 area.However, bears can also find there 2nd support at 1.02200 {image}
As i was expecting about the 2nd support..
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