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Only EURUSD

  • #20,501
  • Jun 8, 8:59am (2 hr 56 min ago) Jun 8, 8:59am (2 hr 56 min ago)
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Price jumped out of the channel with conviction!

I managed to pick up 1.1500 and 1.1550 tickets so averaged in as the trade plan dictated. At lest I followed my plan;-) But I do not like the price dropping out of the range and (I assume) opening a new range lower. I may be wrong but I expect range trade for summer as it does so often. I think I started too soon. Summer still a few weeks away We will see.

I trimmed off some winners and losers to start averaging out on the up moves and averaging in on down moves. Getting ready for a new range this summer, maybe a 1.1500 to 1.1600. Giddy-up!

Happy trades to you,
NB
Ecclesiastes 1:9
  • #20,502
  • Jun 8, 9:25am (2 hr 30 min ago) Jun 8, 9:25am (2 hr 30 min ago)
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Price hit and rejects and I entered a selll
  • #20,503
  • Jun 8, 9:39am (2 hr 16 min ago) Jun 8, 9:39am (2 hr 16 min ago)
On that $64 Question ? (a few posts back) when I asked is this the bottom 'R WE there yet?' I'm slightly curious if anyone else suspects that All the Big Guns got the same memo over the weekend to 'turn' Our beloved E/U at precisely 1 tick under 1.15. I say its rigged just like 'mail in ballot boxes'....
  • #20,504
  • Jun 8, 9:56am (1 hr 59 min ago) Jun 8, 9:56am (1 hr 59 min ago)
Quoting Twocans
On that $64 Question ? (a few posts back) when I asked is this the bottom 'R WE there yet?' I'm slightly curious if anyone else suspects that All the Big Guns got the same memo over the weekend to 'turn' Our beloved E/U at precisely 1 tick under 1.15. I say its rigged just like 'mail in ballot boxes'....
Jerome Powell and Christine Lagarde personally synchronized their atomic watches to ensure the algorithms slammed the brakes at exactly 1.14999!
Looking for profitable short term trades ...|
  • #20,505
  • Jun 8, 10:11am (1 hr 44 min ago) Jun 8, 10:11am (1 hr 44 min ago)
Bears start selling, maybe the low of the range is at 1.1400. if not there is the case for 1.1000 but its early yet to say. I'll maybe test some longs down there. Don't follow me I only know what I'm doing!
Looking for profitable short term trades ...|
  • #20,506
  • Last Post: Jun 8, 10:23am (1 hr 32 min ago) Jun 8, 10:23am (1 hr 32 min ago)
Quoting newbegger
{image} Price jumped out of the channel with conviction! I managed to pick up 1.1500 and 1.1550 tickets so averaged in as the trade plan dictated. At lest I followed my plan;-) But I do not like the price dropping out of the range and (I assume) opening a new range lower. I may be wrong but I expect range trade for summer as it does so often. I think I started too soon. Summer still a few weeks away We will see. I trimmed off some winners and losers to start averaging out on the up moves and averaging in on down moves. Getting ready for a new range...

Great analysis. what are your thoughts about 1.14000 levels?
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