That’s exactly why I hate politically driven markets of any kind. Economic data, technical analysis, and other “normal” market factors lose their relevance. Some participants panic, others stay calm and in such an environment, proper price discovery becomes almost impossible. That’s why I’m just watching and waiting for things to calm down at some point. But that could take a while, and in the meantime, anything is possible. EURUSD could rally back to 1.17 today or drop further toward 1.15, fast, erratic moves may become the norm....
{quote} I disagree. In my view, the current macro backdrop favors the bearish side. This aligns with what I outlined in my post from January 14: {quote}
Otherwise, I agree with you.
{quote} On the contrary, there's nothing simpler for a trader than this type of period; the market is completely bearish, and everyone can make money. I think it actually reflects the lack of understanding of many so-called traders who don't understand what they're doing and need this kind of event to realize they don't understand the financial market at all. If for some people the financial markets are "I've drawn lines, circles, and squares, my indicator is flashing, I buy," then yes, those people are playing roulette.
If you’ve read my posts, you’ll know that I generally prefer being short EURUSD — for exactly the reasons mentioned, and more. However, I still make a distinction when events like these occur, because it becomes very difficult to identify rational price discovery in such an environment. And that’s all I was pointing out.
Otherwise, I agree with you.
- #223,246
- Mar 3, 2026 6:27am Mar 3, 2026 6:27am
{quote} Same here; If you’ve read my posts, you’ll know that I generally prefer being short EURUSD — for exactly the reasons mentioned, and more. However, I still make a distinction when events like these occur, because it becomes very difficult to identify rational price discovery in such an environment. And that’s all I was pointing out. Otherwise, I agree with you.
- #223,249
- Mar 3, 2026 6:42am Mar 3, 2026 6:42am
Based on my Gap system, I closed all sell positions at 1.15936 and bought at the same price ... the target is my main resistance at 1.18222 ... now I have SL at BE for sure but I believe that we will close the gap this week (max next week) and then I will probably sell again ... 
PS: Thanks bears for so many pips
PS: Thanks bears for so many pips
Nothing is impossible.
- #223,250
- Mar 3, 2026 6:51am Mar 3, 2026 6:51am
Based on my Gap system, I closed all sell positions at 1.15936 and bought at the same price ... the target is my main resistance at 1.18222 ... now I have SL at BE for sure but I believe that we will close the gap this week (max next week) and then I will probably sell again ...
When the trumpet sounds, you won't be able to hear the techno anymore.
- #223,253
- Edited 8:21am Mar 3, 2026 7:44am | Edited 8:21am
{quote} I will probably buy at a better price...
.Holding on to my shorts. SL currently at 1.1651.
Will trail the SL.
By touch of 1.158, SL to 1.1635.
By touch of 1.157, SL to 1.1610.
When the trumpet sounds, you won't be able to hear the techno anymore.
- #223,254
- Mar 3, 2026 7:55am Mar 3, 2026 7:55am
{quote} Ok. See you at 1.154
- #223,255
- Mar 3, 2026 8:00am Mar 3, 2026 8:00am
{quote} just from curiosity,why 1.154? i was looking for 1.157
When the trumpet sounds, you won't be able to hear the techno anymore.
- #223,257
- Mar 3, 2026 8:23am Mar 3, 2026 8:23am
{quote} Ok. See you at 1.154
Nothing is impossible.
- #223,259
- Mar 3, 2026 8:27am Mar 3, 2026 8:27am
- Joined May 2014 | Status: Full Time Trader | 27,309 Posts
Focus only on what truly matters!
- #223,260
- Mar 3, 2026 8:29am Mar 3, 2026 8:29am
{quote} My second target was 1.15551, which is my long-term trampoline support... but I think we won't get there either... We'll see soon, but I'll probably buy it soon at a better price
When the trumpet sounds, you won't be able to hear the techno anymore.