EURUSD only

stopped at BE. Not risking it again, just selling. Looking for a good set-up

Reasons for being bullish on the Euro as opposed to the Dollar, is this purely on rate cuts as EU has done more than US?

No only because and France EUROPE is weaker. That's all. Still we are in big up channel


IF EURUSD could not break the 1581 on 22.08 why now ? no news nothing possible FED problems can EURUSD stronger ??? wow


And.....and.....if Trump want to see OIL under 60 how the f....allow to make EURUSD stronger. This will be nonsense so....wait on Trump he help us with L position

EUR's bounce faded fast—market still backs dollar strength with September's Fed decision ahead.

I believe market psychology is much more complicated than a simple 2+2=4.... Therefore, I focus on technicals...

Best wishes

Meanwhile, on H4...

I think there is still some room for bearish attacks... For now, I am marking 1.1524/57 as crucial support area...

Today 1.15 is too much or not. Maybe ~1.1560 low if it continues falling.

Totally agree with you. Most of my failures in this game came from not managing my own emotions—not the market itself. Having a strategy and sticking to it is the only real edge we’ve got.
Stay safe and green pips to you!

H4
The yellow sliding parallel has been broken, and a new (blue) fork has appeared in the meantime. These two factors together suggest that a movement of 70-80 pips to the south can be expected.

...



It doesn't hurt to try, tight SL!

Three months ago I wrote here about my GAP system, based on 5 years of Gap observation and no GAP was open for more than 3-4 months .... I'll shorten what I wrote ... Every Gap after the weekend is 90% closed by a D1 candle or (min H4) candle within a few days, max 14 days, and the remaining 10% closes within 3-4 months and no more ...

Simply put, if the gap does not close within 14 days on D1, then this is the beginning of a strong 3-4 month trend against the Gap, but then it always returns .... and I think that's what's happening right now and the GAP from 18.5. (TP 1.1111 ) waiting now for D1 SMA 200 and Fibo 50 and another thing is the expected rate cut 17.9 ... which is exactly those 4 months ... maybe a coincidence maybe not ...

of course I don't think we'll get there by the end of next week and I also don't rule out 1.18 by then but I think there's not much time left until 17.9. and no other stronger data is planned that would have monstrous movements, so I think we'll move faster down than up now ... and now I was looking at the monthly candle and if this candle closes this week below 1.15, it will confirm all that ...
but as an experienced trader would say ... maybe, maybe not ... just my little technical gap analysis

That's all and good luck to everyone

Bears started fixing. Divergence at 261.8.
I suppose 300.0 zone (from .1558) to start fixing shorts and risky longs for pips during retraction.

Yesterday, we were trading into a Trap (Bullish)and comeback to continue its mission to grab liquidity today(SSL),If think Price Goes bearish know i doesn't have Liquidity do go far Downside, So for now price need to grab liquidity up side and comeback to break that SSL. For now i can't do an Entry, I am waiting for price to tell me what's the plan

idk how i feel about it

All I see is a 'consolidated price structure.' They will bore the traders until the FED meeting.

i'll try this scenario, if it give me a signal.

Would you like to follow us?
https://discord.gg/5V4pNfFT

Free group. Was free, will free..bla bla bla---all you know our motto.

IF any M15 candle closes back above 1.1590, be careful with selling...

Long at 1.15978 SL 1.1574 TP 1.1615

Exited all trades for now will wait for 1 hour before deciding which way.
Previous experiences with NY are not good

i try it, but sl.