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  • #15,421
  • Aug 6, 2025 2:14am Aug 6, 2025 2:14am
Quoting Js3mwtRc
Updating support levels at 1.1564, 1.1540 & 1.1527.
wonder if we can go that deep. Or mayb up first then if bear kicks in
Patience, Emotion Control and Discipline.
  • #15,422
  • Aug 6, 2025 2:41am Aug 6, 2025 2:41am
Quoting johncen
{quote} wonder if we can go that deep. Or mayb up first then if bear kicks in
Not yet! EU retail sales must come out first. May give a pushing hand to the pair.
Looking for profitable short term trades ...|
  • #15,423
  • Aug 6, 2025 2:43am Aug 6, 2025 2:43am
If bears again take control and break 1564, the price may find support at 1520 or 1475.
  • #15,424
  • Aug 6, 2025 2:52am Aug 6, 2025 2:52am
Quoting rehmatkhan00
If bears again take control and break 1564, the price may find support at 1520 or 1475.
If it breaks to the upside then 1620 or 1660
  • #15,425
  • Aug 6, 2025 3:07am Aug 6, 2025 3:07am
Quoting rehmatkhan00
{quote} If it breaks to the upside then 1620 or 1660
What's up rehmat! This scenario looks more probable now!
Looking for profitable short term trades ...|
  • #15,426
  • Aug 6, 2025 3:21am Aug 6, 2025 3:21am
Quoting Js3mwtRc
{quote} Not yet! EU retail sales must come out first. May give a pushing hand to the pair.
yea i guess the pair needs a bit of push…
its above my trendline so bull has the upper hands, just need to close above 1586 to go higher
Patience, Emotion Control and Discipline.
  • #15,427
  • Aug 6, 2025 3:22am Aug 6, 2025 3:22am
Quoting Js3mwtRc
{quote} What's up rehmat! This scenario looks more probable now!
I am doing well brother I think bears have little bit upper hand and bulls must protect today's low or we may see a bit deeper correction to the downside
  • #15,428
  • Aug 6, 2025 3:26am Aug 6, 2025 3:26am
Quoting rehmatkhan00
{quote} I am doing well brother I think bears have little bit upper hand and bulls must protect today's low or we may see a bit deeper correction to the downside
music to my ear if bear kicks in from here hehe
Patience, Emotion Control and Discipline.
  • #15,429
  • Aug 6, 2025 3:30am Aug 6, 2025 3:30am
Quoting johncen
{quote} music to my ear if bear kicks in from here hehe
I think bears are gettjng more and more dominant
  • #15,430
  • Aug 6, 2025 3:34am Aug 6, 2025 3:34am
Quoting Js3mwtRc
{quote} What's up rehmat! This scenario looks more probable now!
why? can you explain.
  • #15,431
  • Aug 6, 2025 3:35am Aug 6, 2025 3:35am
Quoting rehmatkhan00
{quote} I think bears are gettjng more and more dominant
hehe my initial plan is bear will kick in from here but have in mind that it can go higher to 1620 but anyways my view is bear should take us lower. Just where to start
Patience, Emotion Control and Discipline.
  • #15,432
  • Aug 6, 2025 3:38am Aug 6, 2025 3:38am
Quoting johncen
{quote} hehe my initial plan is bear will kick in from here but have in mind that it can go higher to 1620 but anyways my view is bear should take us lower. Just where to start
if if fails to break 1564 then we may see 1620 or 1660 depends on bulls strength
  • #15,433
  • Aug 6, 2025 3:42am Aug 6, 2025 3:42am
Quoting Polimini
{quote} why? can you explain.
Trump's Tariffs: and yesterday's US ISM failed numbers on global tarriffs
Dovish Fed Bets: around 90% for a Sep rate cut.

Also price action (higher lows) support this view.
Looking for profitable short term trades ...|
  • #15,434
  • Aug 6, 2025 3:43am Aug 6, 2025 3:43am
Quoting rehmatkhan00
{quote} I am doing well brother I think bears have little bit upper hand and bulls must protect today's low or we may see a bit deeper correction to the downside
Glad you are well brother!

Lets see eu always drop near the highs!
Looking for profitable short term trades ...|
  • #15,435
  • Aug 6, 2025 3:49am Aug 6, 2025 3:49am
Quoting Js3mwtRc
{quote} Glad you are well brother! Lets see eu always drop near the highs!
Bulls have lost the strength which they used to have and nowadays they only make one or two strong candles and then they vanish like they never existed at all
  • #15,436
  • Aug 6, 2025 3:51am Aug 6, 2025 3:51am
Quoting rehmatkhan00
{quote} Bulls have lost the strength which they used to have and nowadays they only make one or two strong candles and then they vanish like they never existed at all
Yes they are small traders like we are (at least me! ). We need a bigger hand getting in and that's dependable on news catalysts.
Looking for profitable short term trades ...|
  • #15,437
  • Aug 6, 2025 4:02am Aug 6, 2025 4:02am
Quoting Js3mwtRc
{quote} Trump's Tariffs: and yesterday's US ISM failed numbers on global tarriffs Dovish Fed Bets: around 90% for a Sep rate cut. Also price action (higher lows) support this view.
i am also thinking of what could move the market out from the current range:
- trade tariff - is the new rate effective from tomorrow?
- trade talk US-China - has the deadline of 12 Aug extended?
- CPI next week
- Trump’s nomination - Fed independence
Patience, Emotion Control and Discipline.
  • #15,438
  • Aug 6, 2025 4:04am Aug 6, 2025 4:04am
Quoting johncen
{quote} i am also thinking of what could move the market out from the current range: - trade tariff - is the new rate effective from tomorrow? - trade talk US-China - has the deadline of 12 Aug extended? - CPI next week - Trump’s nomination - Fed independence
Yes. This week is tarrifs week again, eu has done well on this theme. FED also.
Looking for profitable short term trades ...|
  • #15,439
  • Aug 6, 2025 4:09am Aug 6, 2025 4:09am
Quoting Js3mwtRc
{quote} Yes they are small traders like we are (at least me! ). We need a bigger hand getting in and that's dependable on news catalysts.
yup that's why they are not able to push the price as they used to be. You can also include me in the small trader list
  • #15,440
  • Aug 6, 2025 4:14am Aug 6, 2025 4:14am
Quoting rehmatkhan00
{quote} yup that's why they are not able to push the price as they used to be. You can also include me in the small trader list
No you are a big shark! Your plans always work! Money will come.
Looking for profitable short term trades ...|
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