Looking for profitable short term trades ...|
- #17,701
- Oct 16, 2025 7:31am Oct 16, 2025 7:31am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
Honestly don't understand what the market's been doing since London Session started. Had to go back to the drawing board and lock-in. Although I mainly day trade, I really had to zoom out.
Image 1: As far as swing action is concerned, 15min structure is bearish. Price returning to the 0.5 Fib level probably indicates that the bears may be kicking-in soon however, I wouldn't be taking that action until the market structure shifts ("immediate CHoCH" in chart). I'll keep adjusting the immediate CHoCH as needed. Until then, my immediate bias is bullish. Caution is needed though, since it would be counter-trend. Perhaps some light and cautious scalping would do.
If the bulls keep pushing, then I'll be aiming for the 2 areas of interest (especially the gap from last week's market open that still has NOT been filled
).
Image 2: If the bears take control, then I'll be aiming for the TPs indicated. Trade management is essential though.
For now, I'll be staying out of the market until there's a clear structure.
May the pips be with you!
Image 1: As far as swing action is concerned, 15min structure is bearish. Price returning to the 0.5 Fib level probably indicates that the bears may be kicking-in soon however, I wouldn't be taking that action until the market structure shifts ("immediate CHoCH" in chart). I'll keep adjusting the immediate CHoCH as needed. Until then, my immediate bias is bullish. Caution is needed though, since it would be counter-trend. Perhaps some light and cautious scalping would do.
If the bulls keep pushing, then I'll be aiming for the 2 areas of interest (especially the gap from last week's market open that still has NOT been filled
).Image 2: If the bears take control, then I'll be aiming for the TPs indicated. Trade management is essential though.
For now, I'll be staying out of the market until there's a clear structure.
May the pips be with you!
It is what it is!
- #17,704
- Oct 16, 2025 7:45am Oct 16, 2025 7:45am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
{quote} Despite being 11 pips in profit, I am OUT with +2 pipsReally tough and rough pre-market
Staying out for the moment!!! {image}
I am short again!
The resistance holds pretty strong!
Finger ready to CLOSE if it goes against me 
Read Charts - Not Papers
{quote} Damn it... I am short again! The resistance holds pretty strong!
P.S.: and of course it depends on your SL
- #17,707
- Oct 16, 2025 8:04am Oct 16, 2025 8:04am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
{quote} How much pips to Asia Low? Either we sweep and reverse or we go down anyway. I don´t think price will go against you without raiding Asia Low.
And I don't want to sit around anymore... now 4 pips in Red
Let it go either way,,,
or I jus close it..
Read Charts - Not Papers
{quote} I don't know which way it will go, but I admit I'm tired of today's trading...
{quote} Yes, correct, it seems that LaGarde speaking later today caused the London and NY session (so far) to remain undecided on which direction to go. We are at the 50 fib of the move down, so price is sort of at a stable place and going to consolidate until a new direction is determined.
- #17,713
- Oct 16, 2025 8:59am Oct 16, 2025 8:59am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
{quote} honestly, I am considering to walk away for today without having opened a trade
My broker is probably delighted
I'd love to walk away... but need to clean that mess
Read Charts - Not Papers
- #17,714
- Oct 16, 2025 9:35am Oct 16, 2025 9:35am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
{quote} Lucky you... I have opened and closed 10
I finished the day green overall, but gave a good portion of pips back to the market.
Another day like today and I will keep a case of beer
under my desk.. I really mean it.. Number of trades: 10
Numer of word FCUK said today: 237!
Number of hours wasted: 7
Read Charts - Not Papers
- #17,715
- Edited 10:44am Oct 16, 2025 10:10am | Edited 10:44am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
Boring advance but pips are getting more. 1.1685 in sight. Then this should work as a pivot for long or shorts
See you tomorrow again bye!
See you tomorrow again bye!
Looking for profitable short term trades ...|
- #17,716
- Oct 16, 2025 10:42pm Oct 16, 2025 10:42pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
The EURUSD is now trading above 1.1675/85 and yesterday's high, indicating a bullish bias. The targets are 1.1720/30, 1.1747, and 1.1760. Conversely, a failure to maintain the support zone will reverse its direction toward the prior day's support zone at 1.1646/42.
Daily volatility (range) 50 pips
Have a great Friday!
1H
Daily volatility (range) 50 pips
Have a great Friday!
1H
Looking for profitable short term trades ...|
- #17,717
- Oct 16, 2025 10:43pm Oct 16, 2025 10:43pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,019 Posts
The EURUSD is now trading above 1.1675/85 and yesterday's high, indicating a bullish bias. The targets are 1.1720/30, 1.1747, and 1.1760. Conversely, a failure to maintain the support zone will reverse its direction toward the prior day's support zone at 1.1646/42. Daily volatility (range) 50 pips Have a great Friday!
it can go higher but if it start closing above 1750, my bear scenario will not work!
Patience, Emotion Control and Discipline.
- #17,718
- Oct 16, 2025 11:43pm Oct 16, 2025 11:43pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} bull is close to my ultimate target 1720!!! it can go higher but if it start closing above 1750, my bear scenario will not work!
Green pips!
Looking for profitable short term trades ...|
- #17,719
- Oct 17, 2025 12:12am Oct 17, 2025 12:12am
- Joined Dec 2020 | Status: TIME is my GAIN | 1,904 Posts | Online Now
{quote} bull is close to my ultimate target 1720!!! it can go higher but if it start closing above 1750, my bear scenario will not work!
chaos is just unknown order
