Sub Idea EURUSD Quick ShortEvents leading up to this idea are detailed in the linked Idea if you'd like to catch up on the story 😊
Looking at a potential short oppurtunity off the 1.092 area. It's a key 4 hour level and we have used it a few times before, so it is well defined.
I expect price to drift up to the 4 hour level, reject, possibly retest close by and then head down (more od a "cruise down") into the demand level shown in the green box, where I will target for this and then go back to the other idea way of thinking to go long again.
I will go ahead and set a limit entry, looking at it once more. as reaching ove may not neccisarily break the idea (stop sweep) but it would change the idea slightly. If it does go, I want to stop the trade at the demand zone, and make sure that is used for the final push through, and finishes a high low pattern of price building up.
We have the recent end of the month/week come out to get down there, back up again at the same angle the third time, and now stalled. Judging by the very strong rallys, I would imagine there is still way more buying at the demand level than we need to reach higher. I will just join the worn down sellers to go back to that level again to try and turn the market, but I have no faith left short beyond 1.0823....
Eurusdshortsetup
EURUSD Analysissame as other USD pairs, we will take the lead here from USD and not EUR currency strength.
With all the fundamentals towards USD , i am of the opinion that EURUSD top is here with a potential short setup with
1. SELL at or near : 1.0831
SL 1.0950
TP 1.0 543
the trade might take time as USD is still waking up and EUR is still about to reach its resistance tenchnically.
Best of luck
USD BIG BUYS
These charts are showing 10yr treasury notes, 10yr bonds notes, Dollar Index and EURUSD.
MY analysis is showing that 10yr notes refused to make a higher high and 10yr bonds refused to make a lower low despite dollar index pushing lower just before friday close. This is signaling to me that this was just a pull back/retracement for a short continuation this coming week. Especially with EURUSD news coming out and all the bank issues going in. I think EUR is going to be the next one to take a hit somewhere. I can see price for EURUSD going all the way down to the 1.05200 level and possibly beyond but with news coming in we can see high manipulation.
EURUSD WEEKLY ANALYSISFX:EURUSD
So as far as I see this pair for the week I am mainly bearish as we can see price broke below resistance and now has retested that same resistance so we could be seeing this pair selloff this week but due to recent events happening to the economy I will ask you all to please trade with proper risk management to avoid you loosing your account
EURUSD SNIPER TRADING SYSTEMSNIPER TRADING SYSTEM:
Simplicity is the key.
There is genius in simplicity.
12 AM 1hr Candle is RED indicating we are looking for the Bullish Set Up.
So we sell EURUSD to the 3rd or 4th Standard Deviation where we will hunt the BUY SET UP.
From one extreme of the ADR to the Bottom. The goal of a Sniper is to catch as many pips in the Daily ADR that the trend will allow.
This system trades the MACRO Pivot Points so we are in the trede when it begin$
Never Over Leverage. Trust your trade set up. Have fun!
I AM TRADING MADE SIMPLE.
Master Jedi & Sensi of #SniperGang
EURUSDThis pair has formed an ascending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close below the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
Follow me for updates and more trades
Please don't forget to give us your thoughts in the comment
Good luck
EURUSD, Weekly analysis, Feb 6 -10, 2023EURUSD bulls tried to go past the 1.10 price mark last week, but it faced strong resistance in the new high at 1.10 ,
then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week,
and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly timeframe,
This week, During the Initial phase, may the price go down towards the Year opening price of 1.068 and because of the News and data release, EURO USD has a chance to go high towards the supply zone of 1.085 price mark
Strengthen Dollar move tries to accumulate strength because of News reports awaiting this week like the Fed chairman speech, FOMC member speech, and the University of Michigan's Consumer sentiment report
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. This time after the FOMC, the dollar became even more WEAK. Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. Stay tuned for FED UPDATES and US DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0763 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR.
- After that EURUSD can go UP until 1.1200 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
EURCAD NY SHORTObservation: Price momentum weakening at previous 4H high, 30 min and hourly body has closed below previous high
Overall trend: price has broke 4h structure bearish
Confirmation: broken structure lower time frame and hourly close below.
Entry: slightlty late
Stop: above previous high on lower tf 20 pips
EUR/USD :: Heavy Resistance .EUR/USD :::
The price has tried several times to break this long-term resistance, but so far it has not succeeded .
The price is moving in a downward channel and this increases the probability of a fall .
The probability of the channel breaking is low, but if it breaks, we will see a big price increase .
Good luck .
EUR/USD -9.3% 12/14/2022Well I got this wrong. Originally I made a mistake when placing my order and bought instead of sell. Would have been fine if I didn't liquidate that position right after placement. Hindsight is 20/20. I placed this off the 30 minute chart but I guess its not as accurate as on the 15m chart? 15m chart shows a larger divergence so I think I will just stick to 15 min chart from here on out. LMK what yall think of this
EURUSD Bearish PredictionThe pair is gradually moving down with a smooth trend since the start of August.
On 28th Sep 2022 it made a little swing for one week and went bullish.
Support level available at 0.9723. Any hourly close blow 0.9723 will move the pair till our daily support level comes at 0.9551
EURUSD WILL WE SEE A SELL OFF!?! IDEALooking to see if price is going to fail its next attempt to push higher, if we do see a rejection and right shoulder ill be taking shorts. Remember we have fundamentals at the end of the week that can change things very quick so make sure you have stops set and if price gets to wild its probably best to just stay out!
RED WINE INTRADAY STRATEGY BETA TEST 1At the end of a EURUSD Trading Day Price will drop into consolidation....
The narrative for this signature trade entry goes like this:
Tuesday and Wednesday price will set the High or the low of the week. Once that high or low is set price will trend in the opposite direction slowly. Like you drink an expensive glass of Pinot Noir:)
EURUSD Set the high for this week at 1.03650 to the PIPETTE (which is an INSTITUTIONAL LEVEL)
This is an OBJECTIVE fact--- price has ONLY 3 Moves:
1. Up aka Uptrend
2. Down aka Downtrend
3. Sideways aka Consolidation
In confluence that the DXY has established the low for this week at 104.650 (to the Pipette) which is an INSTITUTIONAL LEVEL.
Put these two together and add Price + Time = Market Structure thus the high is set on EURUSD and the Low is set on the DXY.
This gives us an Inverted pattern that looks exactly opposite on the 1HR TF when you pull EURUSD and DXY up side by side.
In the FOREX MARKET if you don't have a NARRATIVE for your trade you don't have one you have a BET. We don't bet in Sniper Gang. We use real time market analysis based on the DXY, excellent and accurate Market Structure in confluence WITH knowing how the algorithm presents price at certain KEY times of the day. (Signature Sniper 17:1 ADR Strategy maps out this time schedule) We then SNIPE our entry at the beginning of the Macro PP because there is little to no draw down with our entries because we catch the vertical move at the beginning -thus putting us into profit almost immediately. Because we are trading in sync with the algorithm.
Never Over leverage. Small lot sizes will allow you to leverage bigger and bigger lot sizes over time. Because Compounding 3-5% or more daily is MAGIC over time.
Trust your trade set up. After your narrative is set allow the asset to perform how it will as long as it stays in the parameters of the narrative aka your Threshold is not hit.
HAVE FUN! I AM PRO TRADING MADE SIMPLE. I
I represent and am the SENSI JEDI MASTER for #SniperGang EVERYBODY EAT$
EURUSD Following The SCRIPT!WE ARE ON TOP OF THE LONDON OPEN!
The Interbank Algorithmic Delivery System has engaged Macro Processes that seek to rebalance and find areas of Liquidity.
We call this the Sniper forex Schedule. Learn this schedule and you have found your broken slot machine.
At the time of this post it is 1:11am and price is on the move south.
The DXY has confirmed this move because it has made a move going north. EURUSD and The DXY and Ying are Yang.
Leverage that wisdom with the knowledge of the ADR of EURUSD which is between 88-101pips and you have your short set up.
The DXY opened BULLISH and is still BULLISH which is another confluence in the equation for the short.
Never over Leverage. Trust your Trade set up.
Have Fun!
I AM PRO TRADING MADE SIMPLE!
EURUSD WILL FALLIn this chart set up we have the EURO hanging out in the stars.
But just like a shooting star this one is about to fall:)
Price can only go so long without rebalancing itself.
This is also in confluence with the Algorithmic Forex Sniper Schedule.
There is something about that 10am hour.
Figure out which way the Bias is headed and you have your trade.
Never over leverage.
Trust your trade set up.
Have Fun!
I Am Pro Trading Made Simple. I AM #GRATITUDE