EURUSD

Sold euro 1.1153 sl 1.1180 tp 1.1111

markets up ......... is it china,

st ej may be headed to 135.35 135.28..

Most people here will stone me with a lot of criticism, but still...
For me it looks like eur/usd is quite likely to bounce either at 1.1110 to 1.1100 or 1.1085 to 1.1075, and then make a W on a H4 chart to reach either 1.13+ or 1.14+.
Anyone else with a crystal ball to share their opinion as for the next week's development? :-)

alright its not a dead cat ... let's see ( under-water shorts )

crystal ball @12:30pm GMT today -> final US GDP published

Hi Gator,
Why 1104 now becomes normal before 1320? I thought that if the norm 1158 is reached (or surpassed), now the normal is the target 1320?
Or if it is surpassed by much (in this case over 75% of the distance to 1104) now the end of the range (1104) is norm before the target (1320)?

Thanks in advance

Its a deadly tiger.

EUR/USD support @ 1.1104 holding for now. As we see a bounce from 1.1115

Today there are 3 reports to come that may have an impact on EUR/USD.
1. USD Final GDP q/q
2. USD Revised UoM Consumer Sentiment
3. EUR German Buba President Weidmann Speaks

Resistance on H4 Chart @ 1.1163 and then at 1.1206

No. Look at my posts.
Buy low, sell high. Candles, supports, resistances, mofus.

close all last night short trades it was wow trade after some time

https://charts.mql5.com/8/921/eurusd...g-point-of.png

Watch out 1.1178 (EU) and 135.4x (EJ). Those are potential short positions.

Ye or 86. Ill look for setup near there.

https://charts.mql5.com/8/921/eurusd...g-point-of.png

Bulls trying hard to keep it afloat.

Short again
same TP

pending long 1160. TP 1190. SL 20pip variable +-5pip

they dont hunt your stoploss. who cares about your 3 lots. market is constantly searching for liquidity. liquidity is at places where majority put their stops at.
like swing highs/lows, obvious S/R, fib levels, and many more. its not their fault that you put it into these pools and act like the herd acts.
its the methods you get taught and the lack of understanding the markets.

now to the eco data. you are trading against market participants who spent tons of money in research! they have departments just for this purpose. now you are telling me they have insider info. how can you expect they dont know it in advance if a team of researchers work their ass of all day long to get their shit together to have an edge. its their fuc... job.while you sit in your bedroom with you pyjamas on and dreaming of sipping a cocktail at the beach while trades do what you expect them to do, they are at the office working.

so during the release 2 things happen.
as expected outcome will lead retail traders (the unprepared)trade the news---liquidity to take some profits for those who made their homework and positioned themselves way before the release. --- market stalls or even reverses.

unexpected outcome(even better/even worse than research expected) can cause reversal in a more violent way.dumb and smart money on same dir. however dumb money will start fading much quicker than smart money due to the way they trade.indicators(overbought/sold)gut feeling so high so low(bias) trendline...

but you know what believe what you want.blame someone else (them/they/big boy/blablabla) if you cant sort it out.
what you do is seeing a black cat and blaming it afterwards for having a bad day.
if you had a ok day or even a good day you will not think about the black cat.

Look at pound good opportunity to sell.
Senyiment is very weak

It's dumb not dump