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EURUSD only

  • #207,701
  • Apr 11, 2025 11:03am Apr 11, 2025 11:03am
Quoting SnaveForex
This is real volatility average movement on M5 is 30 pips not for the faint heart if trade goes against you. Even some big boys have been screwed trying to position. You are not in this alone. Cheers that there is always another day to trade! at this point if there is retest of 1.1475 I will short. That seems to me as an ultimate resistance. I plan on buying 1.1353 to test 1.1474
No buy as 1353 looking to turn into resistance, a chance at 1291 bull drive 1.118. 1291 was or is the last stop for bull on higher time frames. Its Friday anyways.
  • #207,702
  • Apr 11, 2025 11:05am Apr 11, 2025 11:05am
moving further south... target 1.1263
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  • #207,703
  • Apr 11, 2025 11:06am Apr 11, 2025 11:06am
Quoting Vikolee
{quote} The market is wild.
Agreed. This pair is very volatile these days. Crazy swings!
  • #207,704
  • Apr 11, 2025 11:08am Apr 11, 2025 11:08am
Quoting Jellyboy
{quote} keep in mind that Trump wants to devalue USD so that manufacturing is cheaper in US. He wants to take back industry to his country, that's why tariffs, bonds and other moves came into the table
Oh I know I realize why this is all happening I was just saying compared to the smaller pullbacks he talked about the bounces don’t have much reason either. This entire USD market is without the usual reasoning right now due to what you mentioned.
Consistency is key
  • #207,705
  • Apr 11, 2025 11:50am Apr 11, 2025 11:50am
Finally a trade…long 1.13011
  • #207,706
  • Apr 11, 2025 11:59am Apr 11, 2025 11:59am
Quoting Hilts
Finally a trade…long 1.13011
too slow … calling it a day
  • #207,707
  • Apr 11, 2025 12:02pm Apr 11, 2025 12:02pm
System says buy I buy. Long at 1.1304 SL 1.1253 TP 1.1354
This information is not intended as investment advice
  • #207,708
  • Apr 11, 2025 12:07pm Apr 11, 2025 12:07pm
Meanwhile, on H1..

I am on sidelines..

BUT on normal conditions I would look for buying opportunities around 1.1298 but of course: AFTER a new breakout...

Currently, no new breakout.. So I would wait anyway... Still bullish!
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Focus only on what truly matters!
  • #207,710
  • Apr 11, 2025 12:14pm Apr 11, 2025 12:14pm
Hi @ all,

back into range area. My personal roadmap.

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Happy weekend
Chriss
  • #207,711
  • Apr 11, 2025 12:29pm Apr 11, 2025 12:29pm
Quoting PianistMat
Here's ChatGPT's opinion... it's their latest reasoning model powered by 03 High. It just did the analysis about 10 minutes ago. What do you feel regarding its opinion? EUR/USD Outlook for the Weekend of April 12–13, 2025 Eurozone Economic Indicators Inflation: Price pressures in the Eurozone have been easing. Headline inflation slowed to about 2.2% year-over-year in March 2025, slightly below expectations and the lowest since late 2024 reuters.com...
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  • #207,712
  • Apr 11, 2025 12:35pm Apr 11, 2025 12:35pm
ChatGPT: Buy.
  • #207,713
  • Apr 11, 2025 12:38pm Apr 11, 2025 12:38pm
And I gave it screenshots of every single timeframe for that answer, so it had all the info to think with.
  • #207,714
  • Apr 11, 2025 12:39pm Apr 11, 2025 12:39pm
Quoting PianistMat
ChatGPT: Buy.
We all have access to ChatGPT and all the other fun-tech apps so no need to share that..

If you have your own opinions and analysis we would be curious to read it..

Otherwise thanks but no thanks. Only clutter to the thread...
Focus only on what truly matters!
  • #207,715
  • Apr 11, 2025 12:44pm Apr 11, 2025 12:44pm
Ok I will respect your rule. (new here) My analysis is very simple, on the hourly and 4 hour charts there are strong bullish trends and the ADX is strong, and the bearishness on the lower timeframes feels like a pullback to me, at this stage, yes it could turn into a reversal but at this stage it's just a pullback as far as Ii can tell.
  • #207,716
  • Apr 11, 2025 1:31pm Apr 11, 2025 1:31pm
Quoting PianistMat
ChatGPT: Buy.
was buying from lows and was nice enough to put in another 200pips 4me
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  • #207,717
  • Apr 11, 2025 1:38pm Apr 11, 2025 1:38pm
Yes you found a nice area to bounce off, it's like a ping-pong table.
  • #207,718
  • Apr 11, 2025 1:47pm Apr 11, 2025 1:47pm
Is this a corrective move before the start of the fifth Elliott wave?
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  • #207,719
  • Apr 11, 2025 2:21pm Apr 11, 2025 2:21pm
Normally, the fresh hourly candle would be my buy signal.. but since we arrived at late Friday hours, it doesn't matter that much..

Hopefully we meet again next week folks.. Enjoy your weekends...

Peace out...
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Focus only on what truly matters!
  • #207,720
  • Apr 11, 2025 4:15pm Apr 11, 2025 4:15pm
just got my TP hit with the market close

Hopefully no surprises over the weekend and I can start the week cashing on some nice + pips!

Have a nice weekend all. Peace and love!
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This information is not intended as investment advice
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