{quote} 1.0805 is near, Maybe we will reach 1.0805 first!
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- #11,301
- Mar 13, 2025 10:11am Mar 13, 2025 10:11am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
- #11,303
- Mar 13, 2025 12:02pm Mar 13, 2025 12:02pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
EURUSD dropped to 1.0822 today due to escalating US-EU trade tensions. Later, the pair recovered to 1.0880, where it is currently trading. For now, 1.0900 is capping any advance, and the pair looks fragile. However, as long as 1.0805 holds on the daily chart, the pair could revive its uptrend and test higher prices again near 1.0947.
It was great trading with you all! I have to close now - see you tomorrow. Bye!
It was great trading with you all! I have to close now - see you tomorrow. Bye!
Looking for profitable short term trades ...|
- #11,304
- Edited 6:13pm Mar 13, 2025 4:15pm | Edited 6:13pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED 1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO BUY A MARKET THATs DOWN ON THE DAY
SO lets say you go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35
Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop or a few more
Now lets assume the ADR of said pair is 120pips its leaving you with a possible 85pips to capture, not too Shabby eh !! Hell, even 70pips is double your initial risk.
So now lets assume for the purposes of this review that we get TOTALLYFUCKED on the first 10 trades.... OMG = minus 350pips or $350
Now lets assume we only get the next 5 trades right ----- 5 x 85 = 425 or $425 so a net of $75 or if you only took the 70pips then its breakeven
Either way its not a bad result and any pair can turn at any time it dont have to keep going to its ADR. Obviously nothing works out like this over and over but it should give you something to consider if your bored taefuck
- #11,305
- Mar 13, 2025 6:49pm Mar 13, 2025 6:49pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,031 Posts | Online Now
EURUSD dropped to 1.0822 today due to escalating US-EU trade tensions. Later, the pair recovered to 1.0880, where it is currently trading. For now, 1.0900 is capping any advance, and the pair looks fragile. However, as long as 1.0805 holds on the daily chart, the pair could revive its uptrend and test higher prices again near 1.0947. It was great trading with you all! I have to close now - see you tomorrow. Bye!
Patience, Emotion Control and Discipline.
- #11,308
- Mar 13, 2025 9:22pm Mar 13, 2025 9:22pm
- Joined Jul 2011 | Status: Trader | 3,171 Posts | Online Now
Holy Betting Grail strategy
- #11,309
- Mar 13, 2025 11:52pm Mar 13, 2025 11:52pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
The EUR/USD is consolidating at the 1.0800 lows after bearish momentum broke it below the 1.0881 support level yesterday, causing the pair to drop to 1.0822. For now, for the short-term the price should test the low, and the level of 1.0878 should keep it intact unless the price rises above that and tests the higher resistance zone at 1.0900
Green pips!
Daily volatility (range) 58 pips
Option expiries for Friday: 1.0500 (EU2.52b), 1.0400 (EU2.08b), 1.0300 (EU1.2b) Source: financialjuice.com
Significant news - University Michigan Sentiment
1H
Green pips!
Daily volatility (range) 58 pips
Option expiries for Friday: 1.0500 (EU2.52b), 1.0400 (EU2.08b), 1.0300 (EU1.2b) Source: financialjuice.com
Significant news - University Michigan Sentiment
1H
Looking for profitable short term trades ...|
- #11,311
- Mar 14, 2025 12:23am Mar 14, 2025 12:23am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
Looking for profitable short term trades ...|
- #11,312
- Mar 14, 2025 1:05am Mar 14, 2025 1:05am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
Monthly and weekly charts with yearly pivots. Ma's are 50, 100 & 200.
If the pair rises above the yearly resistance then 1.1200 is possible in the longer term. For now a weekly close below or above is needed for more clues. Techs on lower timeframes like the daily graph can help with trading a drop or a bounce above.
M
W
If the pair rises above the yearly resistance then 1.1200 is possible in the longer term. For now a weekly close below or above is needed for more clues. Techs on lower timeframes like the daily graph can help with trading a drop or a bounce above.
M
W
Looking for profitable short term trades ...|
- #11,313
- Mar 14, 2025 2:05am Mar 14, 2025 2:05am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,031 Posts | Online Now
Patience, Emotion Control and Discipline.
- #11,314
- Mar 14, 2025 2:32am Mar 14, 2025 2:32am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
Red news are a bit light weighted this week so things are a bit slower comparing to last week (which is unusual). we just have to be patient.
Also a short squeeze need some time for the traders to reaccess and place orders again. We are in the middle of March the last of the first 2025 quarter so repositioning is fundamental.
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- #11,315
- Mar 14, 2025 2:47am Mar 14, 2025 2:47am
- Joined Jul 2011 | Status: Trader | 3,171 Posts | Online Now
Holy Betting Grail strategy
- #11,316
- Mar 14, 2025 2:54am Mar 14, 2025 2:54am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,031 Posts | Online Now
{quote} I believe that the price is just resting up here. When things are more clear on how fundamentals and economics evolve then I believe a continuation higher should happen. I just hope it doesn't take too long and EU stuck or drop to load much lower then I might lose hope!
recent market move is mainly driven by weak dollars:
- tariff war brings uncertainty.
- money fleaing away from dollar assets and stock market
What may happen next week:
- stock market is now down by 10%, will we attract some buyers which should boost usd
- if there is a cease fire in Ukraine, is it going to benefit usd or euro?
- what if tariff war continues? Or if a short term deal has been put to the table?
Patience, Emotion Control and Discipline.
- #11,317
- Mar 14, 2025 3:21am Mar 14, 2025 3:21am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
{quote} i still hoping a revisit to 0650 or even 0530. recent market move is mainly driven by weak dollars: - tariff war brings uncertainty. - money fleaing away from dollar assets and stock market What may happen next week: - stock market is now down by 10%, will we attract some buyers which should boost usd - if there is a cease fire in Ukraine, is it going to benefit usd or euro? - what if tariff war continues? Or if a short term deal has been put to the table?
Edit: Another one theme to watch - Fiscal package in Germany for defence and infrastructure.
Looking for profitable short term trades ...|
- #11,318
- Mar 14, 2025 3:23am Mar 14, 2025 3:23am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,031 Posts | Online Now
{quote} Adding FOMC next! Will hold or cut?
seems like bull is trying as we are unable to break below 0830
if bull can climb above 0860 then we should retest 0888
Patience, Emotion Control and Discipline.
- #11,319
- Mar 14, 2025 3:32am Mar 14, 2025 3:32am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,470 Posts
{quote} if tariff war continues less likely we will see rate cut. seems like bull is trying as we are unable to break below 0830 if bull can climb above 0860 then we should retest 0888
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