Get ready for some market manipulation. 6Billion in options expiring in the next 1.5 hours. I like your analysis. I think this should play out

EURUSD only

2 points here: 1. Feds can't keep hiking rates until we hit that target. The interest on the National Debt will be too tremendous. 2. Feds have historically rarely been right when trying to predict inflation, and Powell has proven that over and over ...

EURUSD only

All members voted in July for the 75BP, but the big takeaway is that they also saw "Hazard" that feds would tighten too much. I see 50BP on Sept 21 now, and this could be the last this year. But time will tell. This should be bearish for USD in the ...

EURUSD only

Bank of America reporting LONG USD trades are a very crowded trade. I like to take the contrarian view in that if everyone is on the same side of the boat, it's sometimes best to get on the other side. There will be more money to be made on the ...

EURUSD only

This is exactly why I do watch the options market. We see that EURUSD hit 1.015 in just enough time for that option to cash out. Now, we could see the drop. I added to my short here . Still looking for at 1.0095 OR DXY to 107.25-107.90 Cheers

EURUSD only

Spot on sir. This is why I love this room! Cheers!

EURUSD only

Oh, I see. That is a solid plan. Since I am more of a swing trader, then fundamentals mean a bit more to me. It all depends on your timeframes Cheers!

EURUSD only

Truly terrible? I have the opinion that: -if inflation is HIGH then USD gets bought up due to the feds' willingness to raise rates more to curb inflation = LOWER EURUSD -if CPI comes in at or below .5, then we will have HIGHER EURUSD. Are we ...

EURUSD only

A few moving averages and such at 1.0193. This will probably be a significant level for today. I will be taking 25% profit at this level, and move my SL to break even.

EURUSD only

I am not a good short-term/scalp trader. I do much better at swing and long-term trades. I expect lower prices in the coming days. So I am short. It could get to 1.009, depending on CPI data tomorrow. If CPI is higher than expected, I see my target ...

EURUSD only

Large investors like Banks have options that are expiring this week. Between 3 and 5 Billion EURO per day around the US market open time. These options will obviously move the market as the banks try to make a profit on their options.

EURUSD only

Options market painting a picture for lower prices. Some large options expire this morning at London fix at 1.02 and 1.0185. Tomorrow is about the same as today, and Thursday will be another very large expiry at 1.005. Any rally over 1.02 should be ...

EURUSD only

I took 90 pip profit this morning. I expected a small jump in NFP and expected to see 3.6 unemployment again. I probably would have only made about half those pips on what I expected. But as soon as I saw DOUBLE the NFP # and 3.5 on unemployment, I ...

EURUSD only

#truth

EURUSD only

This is why the forum is here. We can all exchange ideas. I'm not always right. I have been wrong many times this year for example: 1. I didn't think Russia would attack Ukraine 2. I didn't think BTC would fall to sub 20k 3. I don't think China will ...

EURUSD only

I agree. 1.021-1.022 look like very nice SELL entry points.

EURUSD only

I don't think you understand the chart. A short-term bottom on DXY is in. The next stop is ~107.9. I am saying DXY is set to increase, then a big fall.

EURUSD only

For all you longer-term traders. Elliott Wave on the DXY is playing out quite nicely. And showing a very clear sign of weakness. Here is my expectation for DXY in the coming weeks. Next stop, ~107.9. This is where I start looking for a large SELL on ...

EURUSD only

Take note, there is about a 2 billion EUR option that expires at 0900 EST. I think the price may be a little sticky in that area until then. The drop may happen around that time.

EURUSD only

I think the rallies will get faded until we retest the ~1.009 area again. Then it's possible to set a new trend or move a little lower. I saw this morning the Kremlin reported Nordstream 2 is up and ready for use. If this goes online, we could avoid ...

EURUSD only