4
- #209,683
- May 29, 2025 9:29am May 29, 2025 9:29am
- Joined May 2010 | Status: Simple chart is the best... | 2,015 Posts
Time to wipe the board clean and redraw everything. SELL signals have been generated on higher TF, so now I need to look for where it would be good to enter a SELL position. My plan for today is as follows: If, after NEWS announced at 1:30 PM the price shoots up and lands in the selling range, I will simply start selling.. If it shoots down, well, I will simply go for a walk :-) My STOP LOSS - 1.1370 {image}
, 3 attempts, 3 failures 
Unbelievable BUY pressure... , I hope it won't fall now
The market ATE me for dinner today
Read Charts - Not Papers
- #209,684
- May 29, 2025 9:29am May 29, 2025 9:29am
- Joined Aug 2010 | Status: Trader | 1,318 Posts
EUR/USD Options Expiry Influence – Key Strike Level: 1.1325
Date: 29 May 2025
Currency Pair: EUR/USD
Focus: Options Expiry Dynamics
Identified Magnet Level: 1.1325
Why 1.1325 Is Emerging as a Critical Expiry Level
1. Open Interest Clustering
A significant concentration of open interest has been observed around the 1.1325 strike, according to CME Group’s FX options data. Strikes with high open interest tend to exert a gravitational pull on price action approaching expiry, due to dealer positioning and hedging behaviors.
2. Gamma Pinning Dynamics
Market makers dynamically hedge their delta exposure as spot approaches high OI strikes. This leads to what is known as “gamma pinning”, where the spot rate experiences a self-reinforcing consolidation near that level. This effect is especially potent when volatility is stable and no major macro news disrupts flow.
3. Technical Confluence
1.1325 has previously acted as a local pivot—both as support and resistance—on lower timeframes. This enhances its significance as an expiry magnet, as both technical traders and option desks may anchor their levels around it.
Implications for Intraday Traders
Date: 29 May 2025
Currency Pair: EUR/USD
Focus: Options Expiry Dynamics
Identified Magnet Level: 1.1325
Why 1.1325 Is Emerging as a Critical Expiry Level1. Open Interest Clustering
A significant concentration of open interest has been observed around the 1.1325 strike, according to CME Group’s FX options data. Strikes with high open interest tend to exert a gravitational pull on price action approaching expiry, due to dealer positioning and hedging behaviors.
2. Gamma Pinning Dynamics
Market makers dynamically hedge their delta exposure as spot approaches high OI strikes. This leads to what is known as “gamma pinning”, where the spot rate experiences a self-reinforcing consolidation near that level. This effect is especially potent when volatility is stable and no major macro news disrupts flow.
3. Technical Confluence
1.1325 has previously acted as a local pivot—both as support and resistance—on lower timeframes. This enhances its significance as an expiry magnet, as both technical traders and option desks may anchor their levels around it.
Implications for Intraday Traders- If spot consolidates near 1.1325: Expect range-bound action driven by hedging flows. Scalping strategies with tight stop-losses could perform well around this level.
- If spot breaches 1.1325 with momentum: It may imply that directional flows (possibly from macro data or institutional rebalancing) are overpowering expiry-related gamma pressure.
- If 1.1325 is defended near the NY cut: That would be a classic gamma pinning outcome, indicating market-maker dominance in the session.
Strategic Takeaways
- Monitor the EUR/USD price behavior around 1.1325 closely, especially as we approach the 10 AM ET (NY cut) expiry window.
- Any sharp rejection or absorption at this level could provide actionable intraday opportunities.
- Use this level as an anchor for tactical entries, with tight risk-defined setups on either side depending on the market's reaction.
The Phoenix Trader....
- #209,685
- May 29, 2025 9:33am May 29, 2025 9:33am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
- #209,688
- May 29, 2025 10:15am May 29, 2025 10:15am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
{quote} Please enlighten me do you trade different lot sizes? when you say you keep buying dips. How many trades are you in at any one time? i struggle to manage 3 trades at once. Maybe i should drink more Iron and get nerves of steel. Possibly because i dont trade full time.
We continue posting around EURUSD...
Thanks for your cooperation..
Focus only on what truly matters!
- #209,689
- May 29, 2025 10:16am May 29, 2025 10:16am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
{quote} Does not want to give us an entry Too much steroids
*As long as one sticks to same trading logic any timeframe will do...
Best wishes
Focus only on what truly matters!
- #209,690
- May 29, 2025 10:22am May 29, 2025 10:22am
i am in on a short at 1.13725 resistance at 3750. looking to add a few pips
Waiting for trades is OK. Most People spend their life waiting for nothing!
- #209,692
- May 29, 2025 11:02am May 29, 2025 11:02am
- Joined May 2011 | Status: Trader | 1,584 Posts
Stopped out. Still ripping. Maybe I try again later? Or just wait for the dip? Friday has some important numbers for EUR and USD. Ride the Lightning
Happy trades to you,
NB
Ecclesiastes 1:9
- #209,693
- May 29, 2025 11:13am May 29, 2025 11:13am
- Joined May 2010 | Status: Simple chart is the best... | 2,015 Posts
Read Charts - Not Papers
- #209,694
- May 29, 2025 11:21am May 29, 2025 11:21am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
- #209,695
- May 29, 2025 11:48am May 29, 2025 11:48am
- | Membership Revoked | Joined Oct 2024 | 350 Posts
{quote} What a reversal fundamentally speaking it synchronizes {image} See you on the other side early entry is all that matters in the game of trading and
The target should be taken out in 2hrs till 4hr close If so I will wait for next day to make a buy entry. There is alot of news on calendar ending the week.
Tomorrow could be interesting
Prop Firm - TripleXXX 10% Target All Time Return:
10.2%
- #209,697
- May 29, 2025 11:27pm May 29, 2025 11:27pm
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Meanwhile, on H4...
Waiting for London opening and a retest to ~1.1325... Later, with help of H1, I will try to get in long as low as I can... No rush!
*If bulls try to rise higher earlier than expected, 1.1369 area could act as resistance. Beware!
Happy Friday folks
Waiting for London opening and a retest to ~1.1325... Later, with help of H1, I will try to get in long as low as I can... No rush!
*If bulls try to rise higher earlier than expected, 1.1369 area could act as resistance. Beware!
Happy Friday folks
Focus only on what truly matters!
- #209,698
- May 29, 2025 11:38pm May 29, 2025 11:38pm
Meanwhile, on H4... Waiting for London opening and a retest to ~1.1325... Later, with help of H1, I will try to get in long as low as I can... No rush! *If bulls try to rise higher earlier than expected, 1.1369 area could act as resistance. Beware! Happy Friday folks
