Jump to content

eurusd


Caseynotes

Recommended Posts

  • 3 weeks later...
  • 4 months later...
  • 2 weeks later...
  • 1 month later...

August bull flag consolidation, beware over weekend positions with Jackson Hole symp, Draghi and Yellen speeches and UK August bank holiday Monday.

EURUSD looking for a direction push and may find it as news from the symposium is digested.

 

List of key CB phrases to listen out for by Bloomberg.

EURUSD daily chart.

 

https://www.bloomberg.com/news/articles/2017-08-25/jackson-hole-bingo-play-along-to-avoid-jargon-induced-lethargy?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

 

 

jhsymp.PNGEURUSD(£)Daily.png2408.png

Link to comment
  • 1 month later...
  • 1 month later...
  • 2 weeks later...
  • 1 month later...

The monthly resistance level 1.20921 has blocked progress yet again and looks very solid, price now looking for support. The 1.19610 is previous resistance and may provide weak support but probably will not hold. The zone between weekly support level at 1.17172 and the 23.6 Fib around 1.16686 looks more likely. Failing that there is the monthly support level at 1.15538.

The 100MA may also provide a bounce as it has in the past, wait and see.

 

The main trend is still up but the MAs are levelling off and the weekly and monthly charts are shaping into a double top.

There is not much on the calendar to give this a push either way until Friday with US CPI and retail sales. 

 

 

EURUSD(£)Daily0801.png

Link to comment
Guest oilfxpro

BoAML

 

You don't need BOA to telly you anything 

 

You could have read the charts and price action. Price action works sometimes,  but you  need patience and longer time frame trading.Only reason why price action does not work, is "it is difficult to time the markets".

 

What Happens When You Try to Time the Market?

 

I can show you hundreds of examples why market timing screws up price action.

 

http://www.trade2win.com/boards/educational-resources/221422-what-happens-when-you-try-time-market-7.html#post2899278

 

*** Intraday Price Action Scalping on FX Majors ***

Link to comment

Oh look, the cut and paste fantasist has been back on this thread again, ignore. US PPI data out today, the euro was not able to capitalise on the dollar shaking news yesterday that China may cut or stop buying US Treasuries. Price has fallen back below 1.19610. The most likely scenario for today is a search for support.

 

EURUSD(£)Daily1101.png 

Link to comment
Guest oilfxpro

Casey 

 

You do all this analysis.They you debunk trading psychology

 

Here is a way to test , why mindsets and mental states dictate the failure of technical analyses, price action snake oil , trend trading and trend losses and chop outs.

If traders were given the above price action , trend trading ,chop outs and fundamental analysis , if the they were in the following emotional states , what would be the end results of the analyses?

 

I know you will be dismissing my discussions, this is because you can not give a healthy debate.

 

https://www.elitetrader.com/et/threads/i-need-help-in-finding-a-trading-educator.302929/

Link to comment

It is very rare I ever follow any of your links, they are usually to some public forum site where there is a thread that matches your own jaundiced view on TA and educational material that I know to be false, hypocritical and usually irrelevant.  

 

I do my own TA on a daily basis and share anything I see that I think may have some bearing on the day's market, I might also link to a story that may pan out to have some relevance on the day's events. If anyone doesn't like it fine, don't look at it. You seem to imply anyone who does as such is in some way trying to scam people. I have never been interested in providing trading tips and am wary of anyone who does, and I am especially not interested in calling trades as only stats over a large number of trades would actually have any relevance as to performance, and then again I don't actually need to prove anything to anyone.

Link to comment

Sits above 1.20920 for the first time since the end of 2014 having been lifted at the end of last week on data releases. Being such an important level and there being minimal data this week that might cause follow through I would be looking for a retest of 1.20920 before an attempt to move on.

 

EURUSD(£)Daily1501.png

 

  

Link to comment
Guest oilfxpro

Can you make your analysis a bit more professional by adding entry point, price action , few more indicators, a few more moving averages.Don't talk psychology in those analysis.

Thanks for analysis.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • The BLUM project has recently gained attention in the cryptocurrency community due to several developments such as  Introduction of a mining game on the TON ecosystem, allowing users to earn $BLUM tokens.  Announcement of new strategic partnerships Upcoming features including Tribes and Memepad functionalities.  Active community engagement through events and rewards 5. Recognition from notable figures in the crypto space Key upcoming events: Token Generation Event (TGE) for the BLUM mining game scheduled for September 20, 2024 Coinciding airdrop of BLUM tokens to the community The project plans to provide liquidity on centralized exchanges such as Bitget and Binance, as well as decentralized exchanges like Uniswap, Curve, and PancakeSwap. These developments have contributed to increased discussions about BLUM on social media platforms, particularly Twitter. As the crypto landscape evolves rapidly, interested individuals are encouraged to stay informed about BLUM's progress through official channels and related TON communities like r/TONDiscussion.  As with any cryptocurrency project, potential participants should conduct thorough research and consider their own risk tolerance before engaging.
    • Counter Fire is poised to redefine the gaming industry with its innovative blend of competitive gameplay and blockchain technology. The game offers multiple modes, including team-based matches of quads, duos, and solos along with solo missions, with deep customization options and dynamic battle scenarios. While the core gameplay of Counter Fire is similar to PUBG, a battle-royal where the last-man or last-team standing wins in a survival gameplay, users earn while playing Counter Fires. The project has been buzzing the ecosystem as the airdrop claim went live today so users can claim their $CEC and await listing on 9th Sept. While gamers continue to claim their tokens, some analysts have start speculating that the project will redefine the gaming landscape citing the project partnership with likes of YoubiCapital, HASHKEY, KERNEL ventures and many more and the fact that the project raised over $5 million as the base for their argument. The project partnership with Bitget could also be a reason it continues to gain such exposure as players can only claim their token to the exchange. Though, as players claim their token to the exchange, they could benefit some reward from the 1 million $CEC reward pool. I still think many exchanges should list the token so gamers can have many choices.
    • Hi @feirb1, Thank you for your post. Please note that we offer T-Bills for trading on leveraged accounts. By trading these, you will be speculating on the price movements. This means that, when trading, you´ll never take ownership of an actual t-bill. Instead, you´ll take a position on the market either rising in value or falling. Thanks, KoketsoIG
×
×
  • Create New...
us