Looking for profitable short term trades ...|
- #9,601
- Jan 10, 2025 5:18am Jan 10, 2025 5:18am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
- #9,602
- Jan 10, 2025 5:32am Jan 10, 2025 5:32am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
{quote} Agree with your view and waiting to see the results!Also a release below 150.000 will not be good for the us dollar. FED will have to cut again if there is a significant failure to the jobs numbers. From the other eu can continue its downward path if the number comes above 150.000. For me selling a retrace is the plan but if a dollar failure is strong I might sit aside.
Will wait for a retrace.
Looking for profitable short term trades ...|
- #9,603
- Jan 10, 2025 5:38am Jan 10, 2025 5:38am
- Joined Mar 2022 | Status: Trader | 2,473 Posts
these news is like poring gasoline in the fire 
- #9,604
- Jan 10, 2025 5:38am Jan 10, 2025 5:38am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #9,611
- Jan 10, 2025 6:30am Jan 10, 2025 6:30am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #9,612
- Jan 10, 2025 7:11am Jan 10, 2025 7:11am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
{quote} I hope you are not caught in the sweep down, I got 91 pips out of the fall.
Looking for profitable short term trades ...|
- #9,615
- Jan 10, 2025 8:41am Jan 10, 2025 8:41am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
Today the EURUSD hit 
a two-year low at 1.0211 after some surprisingly good U.S. job numbers. This drop was big enough to make waves 
. It looks like the Euro might keep falling since not everyone's betting against it yet, and there's talk that it could even go below 1.0000 with the Dollar soon. 
From me, it was great trading with all of you, have a great weekend!
a two-year low at 1.0211 after some surprisingly good U.S. job numbers. This drop was big enough to make waves . It looks like the Euro might keep falling since not everyone's betting against it yet, and there's talk that it could even go below 1.0000 with the Dollar soon. From me, it was great trading with all of you, have a great weekend!
Looking for profitable short term trades ...|
- #9,617
- Jan 10, 2025 8:58am Jan 10, 2025 8:58am
- Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts
I think tomorrow's NFP could push the price upwards. At the moment, I wish the price dipped to today's low. That's all
Risk Management is of utmost importance!
- #9,618
- Jan 10, 2025 4:50pm Jan 10, 2025 4:50pm
This is my analysis, not a recommendation.
Happy new year and weekend.
This is how our chart ended up closing a few hours ago.
In H4 we have a large divergence, which taking into account the oversold of H1, makes me think that we have reached all the bearish objectives and it is possible that we will have a reversal.
GOOD LUCK!
See where the market is moving and follow it.
Happy new year and weekend.
This is how our chart ended up closing a few hours ago.
In H4 we have a large divergence, which taking into account the oversold of H1, makes me think that we have reached all the bearish objectives and it is possible that we will have a reversal.
GOOD LUCK!
See where the market is moving and follow it.
This is my analysis, not a recommendation. Happy new year and weekend. This is how our chart ended up closing a few hours ago. In H4 we have a large divergence, which taking into account the oversold of H1, makes me think that we have reached all the bearish objectives and it is possible that we will have a reversal. GOOD LUCK!
Consistency is key
- #9,620
- Jan 11, 2025 12:26am Jan 11, 2025 12:26am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
The EUR/USD has declined to 1.0240 after breaking through the 1.0300 level with significant momentum, reaching as low as 1.0211 during a volatile week.
Currently, there is potential for consolidation between the 1.0200 significant support level and the 1.0273 resistance. However, the 1.0255 monthly S1 level, now acting as resistance, may limit buyer momentum. A break below 1.0211/00 could lead to further declines towards the 1.0155 monthly S2 level.
Should the pair manage to rise above 1.0273, retracements to 1.0300/12 and 1.0325/31 are possible within the broader downward trend.
Happy weekend!
Weekly volatility (range) 127 pips
Option expiries for Monday: 1.0475 (EU4.09b), 1.0300 (EU3.35b), 1.0200 (EU2.98b) Source: financialjuice.com
Significant news - US PPI, US CPI, US Retail Sales, US Industrial Production, US Housing Starts Number.
Weekly chart with yearly support and resistance
4 hours
Currently, there is potential for consolidation between the 1.0200 significant support level and the 1.0273 resistance. However, the 1.0255 monthly S1 level, now acting as resistance, may limit buyer momentum. A break below 1.0211/00 could lead to further declines towards the 1.0155 monthly S2 level.
Should the pair manage to rise above 1.0273, retracements to 1.0300/12 and 1.0325/31 are possible within the broader downward trend.
Happy weekend!
Weekly volatility (range) 127 pips
Option expiries for Monday: 1.0475 (EU4.09b), 1.0300 (EU3.35b), 1.0200 (EU2.98b) Source: financialjuice.com
Significant news - US PPI, US CPI, US Retail Sales, US Industrial Production, US Housing Starts Number.
Weekly chart with yearly support and resistance
4 hours
Looking for profitable short term trades ...|