EURUSD only

going down !!

Not much has changed once liquidity vanished.. Waiting for progress... Zzzz....

Looking at targets of 1.23 between Jun and early Aug if we breach the daily high which is likely. Good luck bears!

I am expecting such too lets see how the week ends

Quick H4 Outlook

1. While I am waiting for progress on H1, the H4 chart gives me some sneaky vibes!
2. Since H4 chart has printed a long wick candle, we better pay attention to its mid-section: ~1.1470!
3. The mid-sections of those wicks are often the locations where major bullish attempts getting blocked!
4. For now, I am confident that ~1.1426 area will act supportive, at least until bulls retest the mentioned high.
5. Therefore:
6. If bulls succeed to break above ~1.1470 we can finally go higher.
7. BUT if bulls fail, we could face an immediate sell-off from ~1.1470 levels! So we must stay alert!

As always: Time will tell... No rush! Step by step...

I hope it helps

EURUSD is stable on the short-term M15 timeframe, the pair's volatility was quite impressive yesterday after the release of higher-than-expected US jobless claims. Today, waiting for other US data on NFP, earnings, and the US unemployment rate.

No problem, but news is serious - can't win every day, even professional, take care, NFP looming.

I feel bad for Tom. I like him, always have...he has this way of coming back in spades. anyway, back to eur/usd

Don't worry about 1-day, he is so far ahead it doesn't make a dent in his net worth.

TODAY US FX AND TRADING PARTNERS REPORT was released. It is hard to trade! short at small size only 1.144x tp open
https://home.treasury.gov/system/fil...-FX-Report.pdf

Hello everyone! The overall trend for the EURUSD pair on the H1 timeframe is still upward. However, during the downward rollback, the price approached the local upward trend line on this timeframe. In case of a rebound from it upward, the nearest target for the upward movement may be the resistance level of 1.1480. In case of a breakout of this line and consolidation of the price below it, the target for the bearish movement may be the support level of 1.1375.

Meanwhile, on H1...

1. Yesterday, after I entered long at 1.1444, nothing much happened...
2. Later, I added another line to see how bears are doing... and it was not good!
3. Once I noticed the break below the bold trendline on chart I watched to see if candles will stay above magnetic line or not.. They didn't and that was a no no in my rules... (See red arrows on chart) I tolerated a little bit further (see red zone on chart) but when I saw bears insist I closed my order at 1.1438 with -6 pips loss... Since then I am on sidelines...
4. Today, I will try to sell spikes and pullbacks because price is deep and my wma line is turning red! So trend shifted to bearish!
5. 1.1410 area is last chance for bulls to try saving direction but I stick to current trend!

Happy trading day to all

EURUSD has been trading in this parallel channel for past 18 days . Today could be the day we see a breakout

Based on H4, game is lost already as soon as candle closed below 1.1426 (rebellion candle) but again:

I am watching ~1.1409 area pa for a last potential bull attack!

Here another chart, with the goal to serve learners, how I got rid of my long order...

The area colored in yellow was the location where I realized it is time to get rid of long!

Now, I am marking ~1.1435 as nearest resistance based on my angled lines approach!

I hope it helps...

Eid Mubarak! May this special day bring us peace and happiness!

To me, the trend is still intact. I believe the price was manipulated yesterday following the China–US trade news. I won’t consider any short setups unless I see clear bearish momentum

Ata Abi, iyi bayramlar. Her şey gönlünce olsun

Tough day in office Thriller on cards

I still maintain Bullish and have added Long and improved or upgraded target to follows:



I have added some long there and reduced the target to 1.14989 from 1.15151

You gotta be careful and follow only with your own risk

Okay guys, any bets on what the low of the day is going to be?
I expect to see 1.1390 (unless we have already seen LOD).

Based on H1...

Get ready to sell if (or as soon as) price comes close to 1.1430/35 area! Patiently watching progress

*Any rebellion H1 candle closing above 1.14315 cancels the order...