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seems like it s not going higher

I wouldn't be so sure about that

Market structure is still bullish, Key Support and demand areas are being respected while resistance and supply is broken.

While 1.0760 is in my sight for now, I presume the bull move could extend as far as 1.0870.

I've grown to like these setups right here.

i agree, there are some upside potential

i've a long order in Breakeven wiht TP of 32 pip, but i'm considering to expand that TP a little bit

nice one

Haven't posted a dollar chart in a while, but here's what I want to see

Dips to 1.0530 are not out of the question. If this happens, 1.0760 is off, and I expect a rally to 1.0870.

Also noteworthy is Trump speaking tomorrow, which will surely affect currency volatility. Sentiment calls for a bearish dollar.

USDOLLAR is at an interesting level.



Looking at EUR/USD and USD/CHF both are at interesting levels also.

EU


UC


Out of the the both (EU and UC) I prefer UC more.

The above idea is off the table for now.

There was no follow through on the demand level (green line).
The level remains interesting.



No trades have been triggered on EU and UC

Cheers,
Wmn

Hi Wdays,

Great thread you have here. I have been following with interest and read through the thread a couple of times over recent days. I like the way it provides you with definite targets. I need to work on my entries so as not to enter too soon.

I am just trying to get a handle on the HTF analysis to get my bias. Below are daily charts of the USD Index and EURUSD. The full width green and blue lines are KSR for daily and 4HR respectively, while the shorter green and blue lines are daily and 4HR S&D. My take is that we could be seeing a head and shoulders forming on the USD Index and a corresponding upside down head and shoulders on the EURUSD. If I am right it should mean the EU going down for a day or two and then back up and vice versa for the USD Index.

Please can you let me know your thoughts and if my analysis is correct or totally off?

Thanks
Nelson

EURGBP looks like it's rejecting resistance level, at least on the M30 chart:-



NZDUSD also in the same boat:-

When in doubt, wait for the numbers.

Good payroll number, higher unemployment rate, weaker earnings. Gold & Treasuries rallying in a boom, dollar... declining?

I know I haven't been replying a lot recently, but I've been having so many things on my mind I just couldn't find the time. I haven't traded as much, too.

1 down, 1 ready to be cut

nice trade,

i only made on EURUSD

And EU closed while I was running errands around town

+100 for today, and roughly 10% for the beginning of the month.

HI There,

How do you use the asian range in your day trading?

Great stuff!!!