EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

now eur/aud is to north
eur/usd to north
usd/cad to north...

big players fed up from waiting


go
go
go

also gbp/aud to north

635 also 'checked'

ye'll(en) take the high road, and I'll take the low road

[quote=Feo;8618472]{quote} It should not go higher today, tomorrow will have a pullback to 592, then only possible lift off[/

Morning all

Ok, so we went slightly higher than I anticipated yesterday, so the pullback to 592 won't be achieved, it became 612. So look for a break upwards to buy at 615.
There is 1 possible last dip down to 596 then up. If this happens look to bu at 602

[quote=Feo;8620031]
In at 615.
Close 1 lot at 622, then place stop at 613 for 2nd lot

[quote=Feo;8620031] Closed 1 lot at 622 @7pips Moving stop on 2nd lot to 624

I don't like this price action near the weekly R1 at 629, and EurJpy neeeds to break 130.83 to get to weekly R3 at 130.87.
So I'll hang on to 2nd lot till either EurJpy hits 130.87 then see if it will break.

Day @+7
Week @+110

My levels for today

Will buy Eurusd at 619 next hr

650 is a fantasy for now

Milk that witch, she gives, I take
Closed some at 96, rest BE.

Waiting for next hr. Will buy Eurusd at 602. Will buy Eurjpy at 130.61

Close was below 569, in at 573, stop 567

Have a good night, see ya's tomorrow
Cheers

Hi guys, trade on EURUSD.

And 15 quick pips.

And another 60 pips.
Entries: break outs, rebounds.
Close at preset target (and level).
As always: 12 sec Heiken Ashi chart.

Morning all
My analysis for today

Buy Eurusd on break of S2 at 1.607 up to R2 at 1.0637 (This is then 2nd leg up to 1.0714. So decide if you want to trade such that you make today's target, and keep some in it fo 1.0714)

Buy Eujpy at break of midway at 130.79 to outer band at 130.90

Billy, we like the fact that you're making good trades, but all of them are posted AFTER the trades are closed, which does nothing for the sake of the thread.

This thread is not for posting closed trades only. The thread was made to post active timing and analysis, which means, trades you are looking at, or trades that you've opened and have OPEN and ACTIVE, or your thoughts on today's or this week's action or interaction with other traders on the thread.

Since you haven't read the thread theme, post #1, I have to put you on ignore for now, and if you'd like to interact more here, instead of just "showing great trades after the fact", just PM me and I'll take off the ban.

Testing a HHLL counting theory I've been working on...
05:50 Long at just under 594
SL @ 589 5p
TP @ 615 21p or trailing BE

From Barron's Blog...

Ahead of the ECB meeting today, Goldman Sachs is expecting a good 3% fall. Bloomberg reported:

Robin Brooks, Goldman's chief currency strategist, said ECB President Mario Draghi will deliver a "dovish surprise" at the meeting that will drive the euro down by as much as "three big figures" to about $1.03.....

***

If it wasn't for the relative accurate reputation of GS, I'd say this analyst was no different than a lots of the guys here on FF with more than a few screws loose.

Just in case, btw, there is not much support under 550 so the last time this happened several weeks ago, it was a like a waterfall...this time, many more traders are expecting it, so by definition, it is less likely to happen...

In the meantime, since this is a very public announcement by GS ahead of today, I wouldn't be surprised if they are buying EURUSD right now as much as possible at these current levels under 1.06 and that EUR spikes up 100+p before descending back again down pre fed decision. They gotta create volume and one well known way that institutions create volume is to make an announcement and then buy or sell into and against retail. Barron's and Bloomberg is a VERY RETAIL media announcement.

Most are looking at 1.0550 today as the break point...I've given up that point (was hot for it 2 weeks ago), but now after this Goldman PR, I'm looking at a pop through1.0635 today, long from earlier is still active with SL at 589.

Which range/vbp indi is that? I like the opposing sides. Haven't traded EU for almost 1.5 weeks, feeling 'clean' now