DislikedFull TP hit! 27 days trade for 645 pips. Total profit: 5.2% ($6,499). Swap fees were 440 dollars, or approximately 6%. I'm on the sidelines now until the next retracement. {image}Ignored
Keep up the good work!
1
- #13,322
- Jun 12, 2025 9:14am Jun 12, 2025 9:14am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
Looking for profitable short term trades ...|
- #13,325
- Jun 12, 2025 11:04am Jun 12, 2025 11:04am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
The EURUSD pair experienced a significant and sustained bullish trend throughout the day, breaking above previous resistance levels. After reaching a peak above 1.1631, the price has seen a slight pullback and is currently consolidating around the 1.1570-1.1580 area. This indicates strong underlying buying pressure despite some profit-taking in the late afternoon.
Next significant news:
US Michigan Consumer Sentiment
Support: 1.1560/74, 1.1532
Resistance: 1.1631, 1.1692
It was a great day, I wish you a nice rest!
Next significant news:
US Michigan Consumer Sentiment Support: 1.1560/74, 1.1532
Resistance: 1.1631, 1.1692
It was a great day, I wish you a nice rest!
Looking for profitable short term trades ...|
- #13,326
- Jun 12, 2025 3:51pm Jun 12, 2025 3:51pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
Bull will carry on as long as they stay above this steep trendline 
Patience, Emotion Control and Discipline.
- #13,327
- Jun 12, 2025 7:14pm Jun 12, 2025 7:14pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
Patience, Emotion Control and Discipline.
- #13,328
- Jun 12, 2025 10:48pm Jun 12, 2025 10:48pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
The EUR/USD was trending above 1.1474 broken resistance, but at the Tokyo opening, news that Israel hit targets in Iran strengthened the US Dollar. The pair then dropped below support and is now trading near 1.1530, where it might stabilize. More support below is located at 1.1513/00 and 1.1495. Resistance stands higher at 1.1574, then 1.1615, and 1.1531.
Have a great Friday!
Daily volatility (range) 59 pips
Option expiries for Friday: 1.1400 (EU1.37b), 1.1500 (EU1.3b), 1.1200 (EU1.3b) source: financialjuice.com
Significant news - Michigan Consumer Sentiment
1H
Have a great Friday!
Daily volatility (range) 59 pips
Option expiries for Friday: 1.1400 (EU1.37b), 1.1500 (EU1.3b), 1.1200 (EU1.3b) source: financialjuice.com
Significant news - Michigan Consumer Sentiment
1H
Looking for profitable short term trades ...|
- #13,329
- Jun 13, 2025 12:07am Jun 13, 2025 12:07am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
The EUR/USD was trending above 1.1474 broken resistance, but at the Tokyo opening, news that Israel hit targets in Iran strengthened the US Dollar. The pair then dropped below support and is now trading near 1.1530, where it might stabilize. More support below is located at 1.1513/00 and 1.1495. Resistance stands higher at 1.1574, then 1.1615, and 1.1531. Have a great Friday!
Patience, Emotion Control and Discipline.
- #13,330
- Jun 13, 2025 12:24am Jun 13, 2025 12:24am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
{quote} spot on! 1.1513! Well done mate
Thanks. After so many years of trading I can recognise levels which much accuracy. The only thing that is not certain is that if price will run for at least 50 or 100 pips or only 10!
Looking for profitable short term trades ...|
- #13,332
- Jun 13, 2025 1:06am Jun 13, 2025 1:06am
Well, looks like a short reversal in xxx/USD pairs
From 1.16000 have sellers whipping the price, volume increasing at the tops and decreasing as the price falls (MMs are sellers).
Even in M1 we see that notable volumes are still above the Key Level (Indicating Bearish)
But be careful, have a Bear Channel in M15 that is to attract Shorts as they push the price higher, but even during the price rise, MMs are still selling until then, so do like they.
Trade very light. EP 1.15270 / TP 1.14059
From 1.16000 have sellers whipping the price, volume increasing at the tops and decreasing as the price falls (MMs are sellers).
Even in M1 we see that notable volumes are still above the Key Level (Indicating Bearish)
But be careful, have a Bear Channel in M15 that is to attract Shorts as they push the price higher, but even during the price rise, MMs are still selling until then, so do like they.
Trade very light. EP 1.15270 / TP 1.14059
- #13,333
- Edited 5:46am Jun 13, 2025 3:55am | Edited 5:46am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
Watching these news as they might break this morning support - Industrial production & trade balance 
Almost at the round number. We need to see a confirmation candle at that level - or some pips lower and US UoM failing to consider a long position. The opposite scenario would mean a breakdown!
Lower your lot as Friday is not a predictable day to trade and things might get more choppy or get directional flash moves.
Watching these news as they might break this morning support - Industrial production & trade balance
Lower your lot as Friday is not a predictable day to trade and things might get more choppy or get directional flash moves.
Looking for profitable short term trades ...|
- #13,334
- Jun 13, 2025 5:58am Jun 13, 2025 5:58am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
Critical levels! 
Looking for profitable short term trades ...|
- #13,336
- Edited 11:01am Jun 13, 2025 9:20am | Edited 11:01am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,449 Posts
EURUSD stronger on green USD news! Some details which I read to other sites say that 1 year inflation dropped significant so rate cuts for the dollar! 
The only thing that might keep the pair depressed is the situation with Iran, US & Israel. I hope everything to end quick!
The only thing that might keep the pair depressed is the situation with Iran, US & Israel. I hope everything to end quick!
Looking for profitable short term trades ...|
- #13,337
- Jun 13, 2025 10:25am Jun 13, 2025 10:25am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
EURUSD stronger on green USD news! Some details which I read to other sites say that 1 year inflation dropped significant so rate cuts for the dollar!
fed next week, maybe market is expecting Powel to indicate rate cut next?
retesting 1560 again
Patience, Emotion Control and Discipline.
