EURUSD only

H4 Update: As long as candles open below 1.1720/25 area... I am still not buying!

H1 Outlook via H4: Only selling spikes and pullbacks on this timeframe!

*Scalpers should risk buying only if candles open above 1.16975...

Long setup

3 touches lower TL for higher

The US dollar index (DXY) strengthened from a low of 97,720 to 98,480. The market still views the Fed's hawkish stance, while the US-Iran war remains fraught with uncertainty. In US politics, the House of Representatives, particularly the Democratic Party, is attacking Trump's war policies. The cost of the war, which has already reached $25 billion, is being hotly debated, and the lack of a clear exit plan creates policy uncertainty and potentially disrupts the fiscal and budgetary environment.

EU have really forced me to be patient, I have been holding this trade since last week Friday and I'm still holding. In the picture you can see the harmonic pattern of the trade

place a pending sell order in the 1.16885 area, targeting up to 1.16720, and a buy order at that same level

H1 is still not ready to look for longs... I postpone even thinking of buying until I see clear attacks towards 1.1691... Otherwise, still bearish!

Wishing you all a happy new trading day folks

well, it didn't fall as far as I expected, so I opened well at 1.16772. I have it at 0 risk, since I want to fall asleep, and another pending at 1.16650. Let's see what happens. I have a target of 1.17130

It hard for Euro to strengthen when Crude oil is near monthly high as you need more dollar to buy oil

Possible Move ahead !!

At the moment because of what is going on in the world even how price most of the time disrespect some price levels, I now result to trading price levels by level and also wait for level rejection before entering the entry

Good morning guys. I’m still holding a short position from 1.17150 since yesterday, targeting 1.16650. I hope we can reach that objective during London session. I’m maintaining my bearish bias for today.

Baaic plan for long

took a short from 1.16908 tp is 1.6700. fingers crossed.

Another day, same chart, new lines.
I see one short signal and one flat signal, some drifting upwards - its not ready yet though

for Longs, 1.16977 should be cleared and for shorts this is the intraday resistance. H1

if we lose 1.1687, then we can look for today lows and 1.167
15 min
why 1.1687, it was yesterdays close

Good morning everyone.
The strategy I’m using here in Brazil is to monitor my SMC indicator on my laptop and wait for the price to reach a premium or discount zone. Then I enter on the M1 timeframe on my MT5 desktop with a VPS.
I look for sell opportunities in premium and buy opportunities in discount.
I place the stop loss behind the zone, enter within the zone, and set the take profit at equilibrium.
I move to break-even and use a trailing stop when possible.
I really enjoy following the forum here,
as it provides fresh information from America.
Here in Brazil it’s 06:04 AM.
Wishing everyone a great trading day.