EURUSD only

Quoting vinesh1

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{quote} We have swept the monthly and weekly highs. Lets see if we break and sweep 2023 highs. As Ata would say. Time will tell. I have a feeling we will by looking at the Daily and Weekly candle. May get a pullback though first. Will enter a long if we get a pullback. If we sweep the 2023 high's first without a pullback then I wont be entering any longs on pullbacks. Instead will be looking for shorts.

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Quoting Aerist

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Welp, The whales stopped out my account. I was barely holding on and that 100 pips in a minute fully destroyed the remaining margin I was holding. I might be back in a few years to lose more money. I should be happy even though I lost everything on my Forex account because if they did it slower, I would have kept loading to get margins in order and probably lost even more. lol

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Quoting chacho.fx

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{quote} Why would you short a long trend and then blame the market?

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Quoting fxmasterdxb

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{quote} well market does not always retrace to fill the gaps you are talking about, take for example pa movement from end May 2020 to mid August, approx 2.5 months, the only retracement is the one circled in red, price moved almost 1300 pips! With only one small retracement! I can see alot of similarities with todays chart and wouldnt be surprised if pa moves north another 600-800 pips from here {image}

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Quoting chacho.fx

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Gentlemen, this was perhaps the cleanest Fibonacci trade I think I’ve ever done. It licked 1.137 and dropped instantly after. Please note, banks are now offering 4.25% 1 Year USD Treasury Notes. This news just happened. I would be careful longing the Euro with this news. USD is going to try to fight back now. Tomorrow PPI, let’s see what kind of setup we get. In my opinion bonds are gonna be the name of the game. Yields will play a massive role in the next setup. If the market rushes to purchase these short term treasuries, the dollar will regain...

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Quoting fxcontest

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Sell scalping and swing daytrades {image}

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Quoting Aerist

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{quote} I was actually already short prior to the long "trend" and thought I could weather the storm originally and could potentially leave the position at slightly less of a loss. I use the term trend lightly because the trend is just massive movements largely in one direction on 6-8 days out of the last 2 months. We had two weeks of the largest moves since NOV 2022. I was expecting a pullback in late March or April prior to the next massive move up. I should have cut my losses at the end March. It is what it is.

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